Topic: Halving is a profitable??? - page 45. (Read 46826 times)

It will rise for a short time. It'll drop again fast because people will sell their bitcoin as fast as possible.

Halving is arguable if it's going to be profitable or not. If you sell it fast enough, you'll get a lot of profit. If you don't , well... it will be the same as before.

This year so far isn't special at all. I think the most interesting times will be just before and just after the block halving. Talking about the price having doubled from last year has no value anymore since a lot people secured their profits and most likely bought back somewhere around the current prices. All focus is on what the price will be after the block halving. That's the only thing that counts.

Everything about bitcoin is good and profitable and will be in the future this is for sure.
We all can be very satisfied with this year, especially now when price of almost double than last year.

Yes halving is a profitable thing, specially those people who are hold they bitcoins and wait for increased the price of bitcoins. because halving is a only way, when bitcoins's price increased very fast, last year proved it, most of the people get profit from halving, also me.

people hopes that the halving will be good for Bitcoin and that the value will be more worth after the halving and that can be nice for the people who already have Bitcoin.

yeah it can be seen that a lot of users who are enthusiastic and buy bitcoin for halving coming. so am I I also bought some bitcoin with price $380 lucky this time has gone up. but I have not sold it I'll hold up halving come. and see what happens hopefully profitable for me

the worst part is everyone is holding BTC expecting to profit from the halving
this does not help BTC long term
as transaction volume is what will help
and also showing others

but on flipside
if many people make money during this halving, it may be taken as a regular occurance
which may help BTC every 4 years
(would be like a 4 year year lotto)

I think we can not just look at the track record in previous halving and says it will happen again?
no one can guarantee it could re-occur? keep watching and ready to sell

We really cant predict what will the price be but it will rise just like the past halving did a few years ago,i am also holding my bitcoin and is wating for the price increase.

its not the halving date itself
but the 6 months after

look at the last halving
then look at the price:
6 months prior to the halving = $5.10
the halving date = $12.50 (+145%)
and 6 months after the halving = $130 (+940%) (after price come down from peak in april)

sure there will be speculators that will drive price higher before it settles back down lower at some point
with the halving being known though i do think we will have a calm before the storm

last halving the price peaked at $230 before (1740% increase from halving date)

If you applied the same to todays value:

11th jan 2016 BTC = $448
11th July 2016 halving date + 145% = $1097
Peak somewhere after halving + 1740% = $20184
11th Jan 2017 + 940% = $11408

i dont think it will as much an icreases like last time but it will be similar, the older BTC gets the less volitile it will be.
(although very far from being stable yet)
but i do think we will see a price go above $2000, and it then settles above $1000, in the 6 months after the halving date

also do note, mining farms will be losing money daily, if price does not increase.
VPRO reported that mining farms in china were losing money when BTC was at $250
so miners will need the price to increase

We can't predict what will happen in future, mostly the scenario is it will hit $700 and may be more than that, but how far goes to $1000 is a doubt. Anyways you are wise as you are collecting coins, can obtain good profits.

Are you sure bitcoin price will rise after few month then Its very good and profitable for me because I am going to buy some bitcoin and I will hold it and wait , when Its worth will take 1000$ after that I will sell it and will enjoy. 

A lot of people say that price SHOULD rise bit will it rise we don't know, better not to waste a lot of money to be saved form bad price after halving i guess.

Yes, the price now is rising up slowly and gradually which is better for its success, as with that people will remain there with and no one will immediately sell their coins and so there will be no other deep drop occur.

Yes halving is profitable if you have bitcoins before it, because we know that price should rise to moon after halving, some even thinks that we will go to new Ath, so if you have bitcoins now, keep them and sell after halving, this way you will get profit

Yes for those who do not want to do mining, halving can bring good profits to them

the chinesse miners will turn off their biz with Bitcoin once their profit will be much lower. They already earned a lot of money. I would do the same; no need for complications, for bargains with hardware manufactures. it's only business; no hard feelings

who cares about shit Bitcoin or any other e-currency? everybody cares about its pockets and it's something normal. each e-currency is a  "tool" to make real cash(money). it was the same with e-gold or liberty reserve

I think speculators discredit themselves to say that whales have more influence on price. The last run from $200ish to nearly $500 in a very short time was highly speculation-driven. Most of the bubbles are speculation driven as well, even if the popping of the bubbles are maybe done by whales who obtain a bearish outlook for a short term period of time.

I think the problem right now is there's two groups of shaky speculators surrounding the halving that have pretty opposite views. The first is the speculators that think the price is going to increase "sometime before the halving" and the folks that thing there is going to be a decrease "sometime after the halving" due to miners dropping and the speculation that follows from there.

So my guess is, because of this difference of opinion among speculators, the opposite could happen. We may see a decrease in price just before the event, as those speculators who were expecting it to rise instead see it fall and therefore start selling because they got it wrong and don't want to lose more than their basis cost. But then afterwards, with the price being as low as it is, the speculators who were expecting it to fall end up realizing that the price is already so low and as it starts increasing they fret about not getting back in in time before the next bubble, so they speculative buy instead.

There was some evidence of this happening last time around, too. The price had went from $7 to around $15, then fell slowly till around the halvening when it dipped just a little from about $12 to $10, and then shortly after the halving, started increasing just slightly from $10 back to $12. But the month just before and the month just after the halving didn't seem to have nearly the volatility of the 4 months previous and the 4 months after.

There is some evidence that with the price having remained so stable between $420-$430 for so long it's due for a breakout, though, so maybe this will happen sooner rather than later.

One other thing to note, the difficulty today is three times what it was through much of the month of October, yet the price in October is only half of what it was now. So if anyone was barely profitable in October, they should have already turned off their miners by now. I know Luke was looking at a situation where miners turn off large quantities of miners, but I just don't see that happening. It's more likely that instead what would happen is the hardware manufacturers will lower or halve the prices of their devices because demand for them dries up significantly. I think the miners themselves have priced the halving in. Especially anyone who has bought new miners in the last six months.

Thats a great idea for savings but my idea is save some my bitcoin and store it in my wallet and other is i will invest it so it can multiply and be many and also i will do trading s do gain more profit by the time halving will occur we will be rich because we have many bitcoins. Who knows bitcoin will reach to 600$ per 1 btc

with patience we could benefit greatly. you just need to hold some of the bitcoin in your wallet. and when halving occurs bitcoin sell all that you have.