Halving has already Begun, Yes or No? - page 7.

uki

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Quote from: mrhelpful on February 22, 2016, 06:56:34 PM

Meh, price predictions.. and the hopeful data to continue to go beserk I feel is questionable.

I feel like since we are already at 72% and seeing current prices as they are.. it`ll prob be at high $600 at most when we get at 80-90% mined.

That is also what I think. Based on the halving alone we won't go beyond $500-600. That is probably way below the expectation of the majority, but let be it.
I don't see price going exponentially to $1k, let alone $10k. That is sci-fi section, to say the least.

uki

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Quote from: NorrisK on February 22, 2016, 12:16:11 PM

Quote from: uki on February 22, 2016, 12:07:27 PM

Quote from: RodeoX on February 22, 2016, 11:57:07 AM

For what it's worth. I think I remember the other halving events have been non-events. I think this gets baked in months before it happens. Huh

Thanks for a voice of conscience, in the sea of unfounded optimism. Just to due to the fact we have halving, price won't go skyrocketing through the roof as many in this forum are claiming, let alone Wally's ath record. Previous halving events were non-events in Bitcoin. In Litecoin, for the last halving (2015) there was however a solid pump happening 3-4 months before the actual halving took place.

That giant rise in litecoin was not only due to the halving. There was a ponzi scheme running that was perfectly timed with the halving to help build momentum. It is for a reason that the price took a massive dive after the ponzi started failing.

All halving events were overhyped or non existent, in the first case at least you can make some money by trading smart.

That is also my point. Too much overhyping of halving that happens in this forum will lead to a huge disappointment. One may trade that smartly preparing to short shortly after halving date.

pooya87

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i think the rise from around $300 up until now was partly because of the effect of halving. so i have to say it has already begun but many believe that the main effect of halving is going to be another rally which is obviously not yet happened.

1Referee

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Quote from: Whosdaddy on February 23, 2016, 04:01:51 AM

I too feel that the pre-consequences of halving has started to reflect in bitcoin values. The hype about higher prices will make people to secure some bitcoins before it turn more costly. Hope to test $1000 levels before halving itself.

At this point $1000 before the block halving is highly unlikely. You know how many people are ready to sell their Bitcoins as soon as they see the price come close to $500-$600? A lot! That alone makes it very difficult to reach $1000 this year.

Whosdaddy

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I too feel that the pre-consequences of halving has started to reflect in bitcoin values. The hype about higher prices will make people to secure some bitcoins before it turn more costly. Hope to test $1000 levels before halving itself.

winspiral

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Quote from: Pitchblackroom on February 22, 2016, 07:57:11 PM

Quote from: winspiral on February 22, 2016, 12:08:39 PM

all is already set except the speculation.
i have said on an other topic that I see a "median straight line" going up from $0 to $1600 in year 2022

Well that is a good expected value for Bitcoin in 6 years as sort of a safe bet. However if there is more widespread adoption, then this would possibly be higher no?

it is a rough estimation.
this (the $1600) can day after day be corrected.
this can be higher or not but the median $0 to $1600 in 2022 will not change a lot...and if it change a little we can correct it...

Pitchblackroom

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Quote from: winspiral on February 22, 2016, 12:08:39 PM

all is already set except the speculation.
i have said on an other topic that I see a "median straight line" going up from $0 to $1600 in year 2022

Well that is a good expected value for Bitcoin in 6 years as sort of a safe bet. However if there is more widespread adoption, then this would possibly be higher no?

mrhelpful

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Quote from: afbitcoins on February 22, 2016, 04:18:13 PM

Imagine history repeats.

Meh, price predictions.. and the hopeful data to continue to go beserk I feel is questionable.

I feel like since we are already at 72% and seeing current prices as they are.. it`ll prob be at high $600 at most when we get at 80-90% mined.

mrhelpful

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The price of halvings reactions of people have begun barely.

But not the actual halving itself, its pretty funny though cause I can see a huge sell off when it does happen.

n0ne

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Quote from: DonQuijote on February 22, 2016, 01:56:39 PM

halving started @ 250$ , we touch 500$ and now is comming a new "midhalving"

Accordingly from your quote, you say that halving has already started and when it reaches 500$ it comes to end. But the price has risen from 250$ and for months it has been getting dropped from 4754$ tag and settled around 375$. During halving is there any possibility to have a fall in price.

afbitcoins

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Imagine history repeats.

Amph

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Quote from: winspiral on February 22, 2016, 01:12:51 PM

Quote from: Amph on February 22, 2016, 12:34:01 PM

Quote from: RodeoX on February 22, 2016, 11:57:07 AM

For what it's worth. I think I remember the other halving events have been non-events. I think this gets baked in months before it happens. Huh

there was only another halving 50--->25, and it was not really an halving with great impact, for two reasons

25 coins are still more than enough for good profit, and second because bitcoin was not very well known back then

The question is not enough or not enough...
to speack sheckspirianly (lol)
enough or not enough is not the question...
because it is always enough...
even in 4 years when the block will generate 6.25 and in 8 years 3.125
It will just not be enough for many people.
They will stop mining and it will then be enough for other ones...it is market regulated.

But the enough or not enough does not affect the bitcoin price...
it is the value of the blocks,and the value of the blocks is known sice the start just to the end...
it is why all the having effect are already in the price day after day

i mean 25 is overkill for the diff that there was there even considering the small value of bitcoin and its tiny marketcap

gkv9

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I still see 25 BTC rewards being paid to miners, so I don't think that halving has taken place yet...
We have been talking about mid June or July, so how the heck can halving come this earlier???
Just because the price doubled, is it just because of halving???
No, there are many factors including, but not limited to, halving...

DonQuijote

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halving started @ 250$ , we touch 500$ and now is comming a new "midhalving"

xslugx

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Quote from: winspiral on February 22, 2016, 01:12:51 PM

Quote from: Amph on February 22, 2016, 12:34:01 PM

Quote from: RodeoX on February 22, 2016, 11:57:07 AM

For what it's worth. I think I remember the other halving events have been non-events. I think this gets baked in months before it happens. Huh

there was only another halving 50--->25, and it was not really an halving with great impact, for two reasons

25 coins are still more than enough for good profit, and second because bitcoin was not very well known back then

The question is not enough or not enough...
to speack sheckspirianly (lol)
enough or not enough is not the question...
because it is always enough...
even in 4 years when the block will generate 6.25 and in 8 years 3.125
It will just not be enough for many people.
They will stop mining and it will then be enough for other ones...it is market regulated.

But the enough or not enough does not affect the bitcoin price...
it is the value of the blocks,and the value of the blocks is known sice the start just to the end...
it is why all the having effect are already in the price day after day

The important part being, again, difficulty. If halving makes the price not enough for a lot of miners, they'll stop mining, difficulty will decrease which means energy costs will decrease which means miners will have their activity become more profitable.

winspiral

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Quote from: Amph on February 22, 2016, 12:34:01 PM

Quote from: RodeoX on February 22, 2016, 11:57:07 AM

For what it's worth. I think I remember the other halving events have been non-events. I think this gets baked in months before it happens. Huh

there was only another halving 50--->25, and it was not really an halving with great impact, for two reasons

25 coins are still more than enough for good profit, and second because bitcoin was not very well known back then

The question is not enough or not enough...
to speack sheckspirianly (lol)
enough or not enough is not the question...
because it is always enough...
even in 4 years when the block will generate 6.25 and in 8 years 3.125
It will just not be enough for many people.
They will stop mining and it will then be enough for other ones...it is market regulated.

But the enough or not enough does not affect the bitcoin price...
it is the value of the blocks,and the value of the blocks is known sice the start just to the end...
it is why all the having effect are already in the price day after day

Amph

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Activity: 3248

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Quote from: RodeoX on February 22, 2016, 11:57:07 AM

For what it's worth. I think I remember the other halving events have been non-events. I think this gets baked in months before it happens. Huh

there was only another halving 50--->25, and it was not really an halving with great impact, for two reasons

25 coins are still more than enough for good profit, and second because bitcoin was not very well known back then

NorrisK

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Quote from: uki on February 22, 2016, 12:07:27 PM

Quote from: RodeoX on February 22, 2016, 11:57:07 AM

For what it's worth. I think I remember the other halving events have been non-events. I think this gets baked in months before it happens. Huh

Thanks for a voice of conscience, in the sea of unfounded optimism. Just to due to the fact we have halving, price won't go skyrocketing through the roof as many in this forum are claiming, let alone Wally's ath record. Previous halving events were non-events in Bitcoin. In Litecoin, for the last halving (2015) there was however a solid pump happening 3-4 months before the actual halving took place.

That giant rise in litecoin was not only due to the halving. There was a ponzi scheme running that was perfectly timed with the halving to help build momentum. It is for a reason that the price took a massive dive after the ponzi started failing.

All halving events were overhyped or non existent, in the first case at least you can make some money by trading smart.

winspiral

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Free WSPU2 Token or real dollars

all is already set except the speculation.
i have said on an other topic that I see a "median straight line" going up from $0 to $1600 in year 2022

NorrisK

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Quote from: coinzat on February 22, 2016, 08:30:41 AM

I do not agree with those people who think that halving affects on the btc price is started.
I expect that the halving will affect the price at the end of this year as the market will feel the difference in the supply then, not after it happen in July immediately.

I'm on the same page as you. Halving effect is being overhyped ny people expecting double price because of halving... It is likely to increase, but this will be gradual.

I do expect more price action unrelated to the halving, but related to the consensus that was reached over the block size debate and other positive news. Momentum is going to build for the next break out.

Best to buy your coins while you still can, a lot of good things are on the horizon!

Topic: Halving has already Begun, Yes or No? - page 7. (Read 7242 times)