Has Blockchain Halving had any impact on the Bitcoin market?

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Quote from: PhilPrime on August 21, 2016, 09:07:47 PM

Quote from: 1Referee on August 19, 2016, 02:57:52 AM

Quote from: garundang on August 19, 2016, 01:59:12 AM

it had because before halving, there was huge price rise because of upcoming halving

That was the hype and speculation around the block halving. They were thinking the price would increase heavily once the block halving has taken place. And as you see nothing happened. Still some people are waiting for the block halving pump to happen as they think the effect of the halving didn't kick in yet. Cheesy

lol. what are you saying that nothing happened? the price inflate as you can see. but it is not the predicted price increase.. i think you are speculating for 2x of the price but that price is just a prediction
and based only on the halving logic. But the most important is there is some profit on halving but many people didn't appreciate it that much.

Learn to read before placing worthless and incorrect statements. I was talking about after the block halving that nothing happened, and not before it took place.

capoeira

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people first need to understand that the halving never had a fundamental effect, because the Bitcoin production is nearly inrelevant in terms of trading volume.
So the effect is/was purely expectation, a artificialy produced demand.
And this is the obvious explanation for the price rise as an effect BEFORE the actual halving. when everybody says in May: "Bitcoin will rise when it is halving", and everybody started saying that, it has an imidiate effect, because everybody who belives that will buy BEFORE it will happen.
IMO the rally that started end of May was mainly caused be that "Bitcoin will rise when it halves" hype.

Daneric

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Quote from: Cast12 on July 20, 2016, 10:38:29 PM

Well, the halving has brought up the bitcoin price to $600.

The sudden sharp rise in the bitcoin price to over $700 in may was attributed to the hacking of bitfinex exchange where it was claimed that over $60 million customer funds were stolen. This was way several months to the halving. Therefore we can not say that the price rise was due to the blockchain halving;
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&uact=8&ved=0ahUKEwj7kY370tTOAhWJ2xoKHVnLAsoQFgg2MAQ&url=https%3A%2F%2Fwww.cryptocoinsnews.com%2Fbreaking-bitcoin-exchange-bitfinex-hot-wallet-hacked%2F&usg=AFQjCNEiiv_bksTeiZYqs7HjH5ZQ2UiETA&sig2=SUeNjZc6DtOvUpvCRm_dPw

PhilPrime

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Quote from: 1Referee on August 19, 2016, 02:57:52 AM

Quote from: garundang on August 19, 2016, 01:59:12 AM

it had because before halving, there was huge price rise because of upcoming halving

That was the hype and speculation around the block halving. They were thinking the price would increase heavily once the block halving has taken place. And as you see nothing happened. Still some people are waiting for the block halving pump to happen as they think the effect of the halving didn't kick in yet. Cheesy

lol. what are you saying that nothing happened? the price inflate as you can see. but it is not the predicted price increase.. i think you are speculating for 2x of the price but that price is just a prediction
and based only on the halving logic. But the most important is there is some profit on halving but many people didn't appreciate it that much.

1Referee

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Quote from: garundang on August 19, 2016, 01:59:12 AM

it had because before halving, there was huge price rise because of upcoming halving

That was the hype and speculation around the block halving. They were thinking the price would increase heavily once the block halving has taken place. And as you see nothing happened. Still some people are waiting for the block halving pump to happen as they think the effect of the halving didn't kick in yet. Cheesy

garundang

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it had because before halving, there was huge price rise because of upcoming halving

n691309

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Quote from: Daneric on July 10, 2016, 04:52:46 AM

There was much hype about the blockchain halving. There were predictions of the price shooting up similar to what happened in the first halving, and there were also predictions of the price falling back to as low as $100. Others said the market was going to crumble. I have not been keenly following the happenings but I am sure the halving took place. Sincerely speaking, I have not seen any changes as predicted before. What is your take?

I haven't seen any good impact that halving has in the recent weeks since the halving happened, I think that the halving effect will be seen later as we saw the previous halving where the price started increasing after few months up to six months from the halving.

jerowacik

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until now I have not seen any significant change. bitcoin prices are still in the same range as the time before the halving. The news is not good.

harbin55

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Speculators have been pricing it in already. But the real supply effects probably won't be felt for a long time. Don't be surprised if there is a disconnect between halving hype and real diminished supply to exchanges.

Cast12

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Well, the halving has brought up the bitcoin price to $600.

SANALIU

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until now nothing not happen about impact halving
prices bitcoin is no high up or down , price bitcoin still normaly after halving

capoeira

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in my opinion, it had a big impact, just that is happened before: https://bitcointalksearch.org/topic/m.15518173

doctor877

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Yes there is no impact on bitcoin at all. Halving has a significant impact on people who are mining bitcoins, but the prices of the bitcoin remains the same and tend to decline. Lot of people assume that bitcoin price will be less after halving, but expects are not reached.

European Central Bank

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the market's controlled by a small bunch of whales. to become whales they already had a sizeable mountain of coins long before the halvening and they still do. what needs to happen is for them to be swamped by some real demand, not more market shit.

i've been reading up about the old days on gox. there was one guy on there who was putting up walls of tens of thousands of coins. one day he got eaten up by a bigger whale and he's now history. the same needs to happen to our current guys.

Daneric

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I agree with you. The changes might not be felt immediately but will take some time. What I foresee is that the prices might be triggered by other factors other than halving. Currently, there are several events that might cause the price to change, for instance the recent terror activities in France, the shootings in the US and other political factors.

BitcoinHodler

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Quote from: sishendaoye on July 17, 2016, 12:03:55 PM

Quote from: ajareselde on July 17, 2016, 05:32:43 AM

Quote from: gilangIDR on July 16, 2016, 08:31:55 PM

no change at all. halving not provide significant impact. bitcoin prices remain the same and tend to decline. many dreams that were previously on bitcoin, but all failed. halving not benefit many people.

Inflow of money required to keep the price the same is halved/reduced by more than 1 million dollars per day. The price also rose from ~450 to ~650 ,which is also not a small thing.
There's no telling what will happen next, but the impact is significant , even tho we still didnt see the whole outcome of it. Be patient if you're expecting great things (high prices)

We can conclude the effect of the halving is there. The price had a spike from 280 dollar to 770 dollar.
After the correct we see it stabilize around 650 dollar.

that was the effect of the news aka the hype mixed with many other reasons that caused the rise to $770 and now stability at $650 but the real effect of the block reward halving has not yet happened, we have to wait a couple of months to see that effect on the price.

sishendaoye

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Quote from: ajareselde on July 17, 2016, 05:32:43 AM

Quote from: gilangIDR on July 16, 2016, 08:31:55 PM

no change at all. halving not provide significant impact. bitcoin prices remain the same and tend to decline. many dreams that were previously on bitcoin, but all failed. halving not benefit many people.

Inflow of money required to keep the price the same is halved/reduced by more than 1 million dollars per day. The price also rose from ~450 to ~650 ,which is also not a small thing.
There's no telling what will happen next, but the impact is significant , even tho we still didnt see the whole outcome of it. Be patient if you're expecting great things (high prices)

We can conclude the effect of the halving is there. The price had a spike from 280 dollar to 770 dollar.
After the correct we see it stabilize around 650 dollar.

ajareselde

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Quote from: gilangIDR on July 16, 2016, 08:31:55 PM

no change at all. halving not provide significant impact. bitcoin prices remain the same and tend to decline. many dreams that were previously on bitcoin, but all failed. halving not benefit many people.

Inflow of money required to keep the price the same is halved/reduced by more than 1 million dollars per day. The price also rose from ~450 to ~650 ,which is also not a small thing.
There's no telling what will happen next, but the impact is significant , even tho we still didnt see the whole outcome of it. Be patient if you're expecting great things (high prices)

Sniper44

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Quote from: Gahs on July 17, 2016, 12:45:08 AM

The price of bitcoin as of today is around $669, it was around $649 last week.

these changes are normal in bitcoin.and doesn't really show anything. because price can go back and forth between $640 and $670 for a long time. this is the way bitcoin price stays stable.

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Before the rising, it peaked at about $700, I can not totally say the halving did not bring an increase in price. Three months to the halving it was around $450.

that rise was both because of the incoming halving (because of the hype) and also it was because of the low price of bitcoin for such a long time. or did you forget it took so many months to just stay around $390 and $450?

Gahs

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The price of bitcoin as of today is around $669, it was around $649 last week. Before the rising, it peaked at about $700, I can not totally say the halving did not bring an increase in price. Three months to the halving it was around $450.

Topic: Has Blockchain Halving had any impact on the Bitcoin market? (Read 2273 times)