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Topic: Halving event: expectation vs. reality - page 4. (Read 5002 times)

hero member
Activity: 2646
Merit: 582
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July 10, 2016, 11:42:06 AM
#76
So, many people that are expecting bitcoin's value to immediately, rather, instantly rise up.
I'm literally laughing my ass off to the amount of people thinking that way. Looking into the past block halving, it took nearly two months for the value of bitcoin to double. If we're going by the same trend, it might take as much as before, maybe less even.
hero member
Activity: 1498
Merit: 547
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July 10, 2016, 08:36:42 AM
#75
I was told a few times that, when halving is super close/already happened, the price would increase significantly.
Now that the halving event is probably 5 hours or so from now, what can you say about the current price? It's still hovering at around $650 despite the imminent event.

Right now, I'm disappointed simply because so many people say that the price would increase, but my mood may change if something significant happens (pissed if going down, happy when going up).
Well yes bitcoin's price will surely go up from the current price now but not exactly on the bitcoin halving day. It may happen weeks/months or maybe years after the event. And the price might go down after the event. That's all i know
sr. member
Activity: 504
Merit: 250
July 10, 2016, 08:34:24 AM
#74
I was told a few times that, when halving is super close/already happened, the price would increase significantly.
Now that the halving event is probably 5 hours or so from now, what can you say about the current price? It's still hovering at around $650 despite the imminent event.

Right now, I'm disappointed simply because so many people say that the price would increase, but my mood may change if something significant happens (pissed if going down, happy when going up).

You should only be disappointed that you listened to other people.

Rule #1 in trading: make your own decisions.

It is in your own responsibility.

You should find that in every trading book and for sure in every good trading book.
No, I'm not disappointed because "I listened to other people". I'm disappointed because people overrated the event without being sure what will happen.

Rule #1: Don't assume.

It is your own responsibility to read what has been posted.

You should find that on Google and for sure on various websites.


keep waiting till you are satisfied of its price but for me i am going to keep on turning my bitcoin around the corner and get profit but of course im going to be more careful
Yeah, I'll keep doing that. Historically, the prices are on a steady increase. On shorter timescales however, it's pretty volatile.
hero member
Activity: 910
Merit: 500
July 10, 2016, 08:30:54 AM
#73
keep waiting till you are satisfied of its price but for me i am going to keep on turning my bitcoin around the corner and get profit but of course im going to be more careful
hero member
Activity: 2590
Merit: 644
July 10, 2016, 07:35:28 AM
#72
As i expected the price go down a little bit because some of the holders sell their coins but soon just after a few couple of months, the price will start to go up to $1k, so if were you i will just hold my coins and i will keep waiting for bitcoin to get in touch with that $1k Roll Eyes.
legendary
Activity: 1778
Merit: 1043
#Free market
July 10, 2016, 06:45:50 AM
#71
I was expecting a little dump but nothing of serious, btw the price will not increase instantly ... this is obvious. Wait few months (at least 4-5) and back in the winter, you will not be disappointed.
member
Activity: 69
Merit: 10
July 10, 2016, 06:42:34 AM
#70
I was told a few times that, when halving is super close/already happened, the price would increase significantly.
Now that the halving event is probably 5 hours or so from now, what can you say about the current price? It's still hovering at around $650 despite the imminent event.

Right now, I'm disappointed simply because so many people say that the price would increase, but my mood may change if something significant happens (pissed if going down, happy when going up).

You should only be disappointed that you listened to other people.

Rule #1 in trading: make your own decisions.

It is in your own responsibility.

You should find that in every trading book and for sure in every good trading book.
legendary
Activity: 1134
Merit: 1598
July 10, 2016, 06:27:37 AM
#69
Guys, the price cannot change as fast as the pound did after the Brexit. I was sure this won't happen. We will see the way it's going to affect the price a few months later, and I'm guessing it'll be a loss first, and then a huge increase.
hero member
Activity: 994
Merit: 544
July 10, 2016, 06:24:16 AM
#68
I was told a few times that, when halving is super close/already happened, the price would increase significantly.
Now that the halving event is probably 5 hours or so from now, what can you say about the current price? It's still hovering at around $650 despite the imminent event.

Right now, I'm disappointed simply because so many people say that the price would increase, but my mood may change if something significant happens (pissed if going down, happy when going up).

Many are expecting an increase in bitcoins price but the increase has happened last month. Many are sorry thinking that halving brings a skyrocket increase . it is funny but bitcoiners should not give up their hopes since halving has nothing to do with price increase, the increase may happen anytime without a halving.
 
hero member
Activity: 994
Merit: 502
July 10, 2016, 06:04:17 AM
#67
Anticipation for the event has been building up over the past few months that price will increase largely, and investors began betting on certain expectations will soon meet reality, and readjusted positions accordingly.
hero member
Activity: 2506
Merit: 645
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July 10, 2016, 04:32:49 AM
#66
I was told a few times that, when halving is super close/already happened, the price would increase significantly.
Now that the halving event is probably 5 hours or so from now, what can you say about the current price? It's still hovering at around $650 despite the imminent event.

Right now, I'm disappointed simply because so many people say that the price would increase, but my mood may change if something significant happens (pissed if going down, happy when going up).

the price doesn't change instantly, dude. just wait for a few weeks later or even months to see the real impact of this halving. keep patient.
My prediction's true, a lot of people believe the price will change for instantly and making a big expectation for that. but in fact, the price of bitcoin is not changing significantly. too fast to reach $800 or above,  irrational expectation. some people just making a statement without saw the situation on the market.
You are right, this halving is great but for me it is not block halving, because we can see bitcoin price never cross $700, so it is normal.
Actually mostly people said that bitcoin will be grow more and more, but i can't see it. But it is good actually it is my first experience to use the halving so i was very excited, may be the next halving will be block halving just like the previous halving.
legendary
Activity: 3010
Merit: 1280
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July 10, 2016, 04:14:06 AM
#65
I  expect that halving will somehow increase the price of Bitcoin at most two times.  Well, I happen before when BTC hits 1200 usd, but  in reality I expect, for that expectation to be meet, there should be a major revolutionary event not just like this halving phenomena. So basically there is  no huge leap in price of Bitcoin.
full member
Activity: 205
Merit: 100
July 10, 2016, 04:06:43 AM
#64
I think it will take months to feel the halving fever and things are gonna change I can feel it . Let just hope that it will give us positive outcome not the negative ones  Grin
sr. member
Activity: 252
Merit: 250
July 10, 2016, 03:56:00 AM
#63
to me the reality is more good that the expectation. the stability of the price of the bitcoin shows its vale and importance. that is a very very good point that the rates are still balance. hope that in future the price will remain stable and will continue its ascending gradually.
newbie
Activity: 21
Merit: 0
July 10, 2016, 03:51:11 AM
#62
so basically absolutely nothing happened. What an over hyped event.

It depends on the time scale. I think the halving already caused the price to rise from $300 to 650.
hero member
Activity: 672
Merit: 500
July 10, 2016, 03:43:56 AM
#61
so basically absolutely nothing happened. What an over hyped event.

We can't judge the event and it's consequences now, we have to wait may be some weeks or even months after the halving to see the results.
sr. member
Activity: 434
Merit: 250
July 10, 2016, 03:31:18 AM
#60
so basically absolutely nothing happened. What an over hyped event.
hero member
Activity: 672
Merit: 500
July 10, 2016, 03:27:10 AM
#59
I was told a few times that, when halving is super close/already happened, the price would increase significantly.
Now that the halving event is probably 5 hours or so from now, what can you say about the current price? It's still hovering at around $650 despite the imminent event.

Right now, I'm disappointed simply because so many people say that the price would increase, but my mood may change if something significant happens (pissed if going down, happy when going up).

Nothing will happen in a blink of an eye, this what is happening now its a pump and after that it would come a shake out , same old story, but then again time will show... just keep investing what you afford to lose..and that is my golden rule!
hero member
Activity: 742
Merit: 500
July 10, 2016, 02:56:20 AM
#58
I expect that the Bitcoin's price will increase a little bit after some weeks of the halving event. For now the price is quite stable or at least it will not rise highly nowadays.
legendary
Activity: 3248
Merit: 1402
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July 10, 2016, 02:53:45 AM
#57
I think the real effect of halving will show up in two or three days.
When the miners have sorted things out how much they still earn for their coins in regard to electricity cost.
Everything befor that is speculation.
I hope it won't show up.. I want BTC to continue raising in price and think that it will start to do so in a week.
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