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.

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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.

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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.

Same thoughts here too.
After all was said and done I don't see any change whatsoever price wise.
Maybe it only affected what the miner's are getting. I remember seeing in the observation thread on price that the reward bounties on discovering new blocks were up considerably. But if that continued after those few couple of blocks I don't know.

gilangIDR

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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.

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Quote from: CoinBreader on July 16, 2016, 06:19:09 AM

Halving took place but the price has been affected earlier and will be affected more maybe a week/s or month, dont listen to price predictions just do your homework and look the charts to see whats is going on.. the last 3 years iv heard a lot of predictions.. most of them sci-fi Shocked

It seems that its not felt yet. Possibly it will take months to take effect on bitcoin prices. But mining rewards was already felt, as other mining rentals site has lowered the output given to clients.

CoinBreader

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Halving took place but the price has been affected earlier and will be affected more maybe a week/s or month, dont listen to price predictions just do your homework and look the charts to see whats is going on.. the last 3 years iv heard a lot of predictions.. most of them sci-fi Shocked

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Quote from: PhilPrime on July 13, 2016, 07:30:43 AM

i think the latest having is not the same to the previous one. it decrease its last price(before having occur) by 30%. but not bad i gained a lot much by stocking some btc at the rate of 400$. bitcoin is fun for people who have many patience. cheers

it seems like the price of bitcoin is going down after the halving. You were lucky to gain a few coins due to the slight price change. I think it is time to start selling our stock because of the downward trend in the price.

PhilPrime

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i think the latest having is not the same to the previous one. it decrease its last price(before having occur) by 30%. but not bad i gained a lot much by stocking some btc at the rate of 400$. bitcoin is fun for people who have many patience. cheers

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Quote from: Herbert2020 on July 12, 2016, 10:32:07 AM

yes, block reward halving had an impact on the bitcoin market but the fact that you don't see the effect on the price or anything else is that it takes some time to get rid of the residual effect of the previous higher reward (25BTC) and all those bitcoins should get out of the market first.

yeah, the halving will not give a direct effect for bitcoin. They need a time especially for miners to out from the previous moment. in my opinions in this time I sure if miners only get a little profit from mining.

Herbert2020

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yes, block reward halving had an impact on the bitcoin market but the fact that you don't see the effect on the price or anything else is that it takes some time to get rid of the residual effect of the previous higher reward (25BTC) and all those bitcoins should gets out of the market first.

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In the Bitcoin Network, user transactions are grouped in blocks and recorded to digital public ledger called a blockchain. Miners are in charge of this task, and receive a mining reward in the form of bitcoins for each block recorded.

The amount of bitcoins rewarded for each block decreases with time, it is halved for every 4 years, the movement when the mining reward is divided by 2 i commonly called "bitcoin halving". Other denominations are used: " reward drops" , "reward halving" or " the halvening" which is s popular meme among bit coiners.

When bitcoin was created in 2009, the initial reward was 50 bitcoins, In November 2012, it is drooped 25btc after the first halving. The third halving will they decreased to 12.5 btc.

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Quote from: pooya87 on July 12, 2016, 03:34:09 AM

prediction how bitcoin market is going to act like is one of the hardest things in economy and i think it is safe to say it is even harder than any other market in the world, because there are a lot of things other than technical analysis that can affect it which also are not logical so you can't put them into your prediction to account for them.

Yes right it is one of the hardest thing in world to predict the price of bitcoin in near future.We see different views of different people and in the end it can prove every one wrong.As till now we have seen halving made no change in the bitcoin price.

pooya87

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prediction how bitcoin market is going to act like is one of the hardest things in economy and i think it is safe to say it is even harder than any other market in the world, because there are a lot of things other than technical analysis that can affect it which also are not logical so you can't put them into your prediction to account for them.

gentlemand

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This market's like an iceberg. There's an awful lot going on below the surface. I think OTC markets are the dark horse and they might be most affected by less miner availability.

It's going to take a few months to get a sense of what effect it's truly had.

phreaky

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The impact of the halving was that the price went from 300 to almost 770 dollar. That's a great price rise.
Now after the correction we have a 650 dollar price, which is much more then was needed Halving 250 > 500 dollar.

hermanhs09

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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 actually thought that everybody knows that it had a little impact actually.
Price remained stable freshly after it,but i think we may expect some rises during next 2 days,because the demand should rise a little bit.

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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?

you shouldn't mistake prediction with FUD. one is based on facts and analysis of the market which is also called speculation but the other one is mostly trolling and spreading lies for some purpose that only will benefit the person who is spreading them. and that falling back to 100 is one of them. for the rest you should visit speculation board to see all kinds of things.

Daneric

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If the halving happened over the weekend, I know there are not many activities during weekends. May be we stay put and watch events this week. I think by the end of this week we might see some changes.

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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 never believe with people's predict because this just makes me feel confused about this, I'm always followed the situation. see and consider about that.
but from the fact a lot of people is feeling disappointed with that and bad mood. but I never made any prediction, just try to get profit from trading.

FLoving

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The miners reward has been cut off to half and the miners will now gradually feel the effect of halving and those miners who will not get the profit will leave mining and with that the supply will be limited and so the price will increase much high.

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Quote from: babsalt1975 on July 10, 2016, 05:56:48 AM

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?

When was the halving done. People were saying that there was to be a lot of volatility just before and after the halving. I just checked the price of bitcoin a while ago and found that there is no significant change other than the normal fluctuations. I was also expecting that the price might be around 1000 usd per bitcoin right now. May be the effects will be felt later on as we progress given that this is a weekend.

Yeah. I was wondering also. Many says that after halving occur, price of bitcoins should shoot up and can reach like $1000. But sadly, it doesn't act like that. Besides the movement in the market stays the same. In my own opinion, the recently price shoot that occurs about 3-4 weeks before halving affects its market price right now. People tend to buy that time thinking they will have a decent profit in the incoming halving. Then the price suddenly drops causing the bitcoin holder to dump their bitcoins causing an equilibrium in the market. The non-holders then buy's bitcoins and right now, maybe the bitcoin was spread partially even among traders that cause the stability of the price in the market.

But, its too early to assump. Lets just wait till the equilibrium breaks and see what'll dominate the market. Is it the Bull or the Bear

babsalt1975

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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?

When was the halving done. People were saying that there was to be a lot of volatility just before and after the halving. I just checked the price of bitcoin a while ago and found that there is no significant change other than the normal fluctuations. I was also expecting that the price might be around 1000 usd per bitcoin right now. May be the effects will be felt later on as we progress given that this is a weekend.

Daneric

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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?

Topic: Has Blockchain Halving had any impact on the Bitcoin market? (Read 2287 times)