Topic: hey guys what would be the effect of halving on bitcoin price? (Read 1268 times)
The best effect of halving on bitcoin price will be when it reach $800 and is maintained there in next days.
We can't predict exactly what would be the effect of halving on bitcoin price , but personally i think the price will increase highly after this halving, especially we noticed the price rise a lot the few previous weeks.
Yeah, we have already risen a lot over the past few weeks but it would be impossible to tell what would happen next. Who knows, bitcoin might break the all time high after halving as far as anyone knows.
Time will tell though that bitcoin will be the dominant currency of the world.
It depends if the market is bullish or bearish.
As others have already remarked: it's not the supply that is "halved" but the inflation. From a ~9% inflation per year (1,3 million new BTC per year before the halving / 15 million BTC) it is falling to ~4.5%.
Now what does this mean in different market situations?
In a scenario where most of the traders are bulls, the offered BTC at the exchanges are mainly sold by two groups: miners and day traders. Miners may even try to hold their BTC a while, reducing supply even more. On the buyer side, there are many "investing buyers" that will hold the BTC for some time because they speculate on a price increase and can absorb considerable amounts of this supply. In this case, the inflation reduction could have a major impact.
It's completely different when market sentiment is "sideways" or "bearish". Then, miners are selling most of their BTC, and also "normal users" making payments (e.g. on Bitpay) have a greater "share" on the selling side. Even more important: there are not so many "mid-term speculators" that buy Bitcoin as an investment. In this case, the halving should have practically no effect, because there is a steady supply.
As others have already remarked: it's not the supply that is "halved" but the inflation. From a ~9% inflation per year (1,3 million new BTC per year before the halving / 15 million BTC) it is falling to ~4.5%.
Now what does this mean in different market situations?
In a scenario where most of the traders are bulls, the offered BTC at the exchanges are mainly sold by two groups: miners and day traders. Miners may even try to hold their BTC a while, reducing supply even more. On the buyer side, there are many "investing buyers" that will hold the BTC for some time because they speculate on a price increase and can absorb considerable amounts of this supply. In this case, the inflation reduction could have a major impact.
It's completely different when market sentiment is "sideways" or "bearish". Then, miners are selling most of their BTC, and also "normal users" making payments (e.g. on Bitpay) have a greater "share" on the selling side. Even more important: there are not so many "mid-term speculators" that buy Bitcoin as an investment. In this case, the halving should have practically no effect, because there is a steady supply.
We can't predict exactly what would be the effect of halving on bitcoin price , but personally i think the price will increase highly after this halving, especially we noticed the price rise a lot the few previous weeks.
It's hard to measure because these pump is not just of the halving. There are other factors too, although we don't know which one exactly.
Currently it can be fear for a brexit for example.
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.
Halving is block reward gets cut in half after a certain amount of the total supply has been mined. That means a block reward is now 25 BTC and you will get 12.5 BTC at the halving time. Your cost of mining have no changes but you will get half of reward so miners will get demotivate on that time for mining. Halving is going to happen after 4 years. The last time block reward was halved on 28th November 2012. The price at the day of halving was about $12 but six month before price was $5. No one know what will happen at halving time. Just keep your eyes open.
We can't predict exactly what would be the effect of halving on bitcoin price , but personally i think the price will increase highly after this halving, especially we noticed the price rise a lot the few previous weeks.
this time you are already feeling the effects of halving, the previous price was under $500 and halving have brought it to rise higher, even this will continue to rise when halving occurs
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.
The effect already took place. You are looking at it now
yeah but the effect isn't ended here, the halving still 1 month away or less, so there is styill room for other good effect on the price, maybe another crazy rise
It really cannot be predicted what will happen after the halving. Nobody can tell the future, but from the data we have now we can safely say that this rise in bitcoin price is probably caused by the bitcoin halving hype.
I think the price will readjust itself after the halving, stabilize, and then slowly go up once again to $2k+ within a year.
I think the price will readjust itself after the halving, stabilize, and then slowly go up once again to $2k+ within a year.
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.
The price is already going crazy if you haven't noticed. Check Bitstamp's tradeview 1 month chart, the price is literally climbing $50-$60 a day in some particular instances.
But what happens after the halving... Seriously no one knows.
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.
The effect already took place. You are looking at it now
I think it will be a Double exactly like for now becaue of the bitcoin difficulty 
The difficulty is not at really a factor at play for the price. The only thing the difficulty does is decide how many people can mine and make profit. The same amount of coins will be coming in and to say it is a clean double is just misinformed.
I think it will be a Double exactly like for now becaue of the bitcoin difficulty
From pure economic point of view it is unreasonable to predict that price will skyrocket with halving.
I still think that vast number of bitcoin is not being used on daily basis, and is stashed by holders.
Because of that the reduced supply is not gonna suddenly spike up the price. It will be rather slow shift of market equilibrium.
I still think that vast number of bitcoin is not being used on daily basis, and is stashed by holders.
Because of that the reduced supply is not gonna suddenly spike up the price. It will be rather slow shift of market equilibrium.
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.
Moon, brah.
thanx to all of you for your putting your thoughts. 
I think bitcoin price will double to 1400-1600$,since bitcoin is half as rare wouldn't it also become twice more expensive?
Well it's not half as rare. All the coins that existed before the halving still exist and will most likely get traded at least a little bit at such high levels. The halving creates MINER'S daily selling pressure to be cut in half, which means it's more of a trader's market. And last I checked all traders want to sell their coins for a higher price than they bought them 
I think bitcoin price will double to 1400-1600$,since bitcoin is half as rare wouldn't it also become twice more expensive?
The halving basically forces miners to sell their Bitcoin for twice as much as they used to, as the actual supply of Bitcoin that is available per block gets halved from 25 Bitcoins per block down to 12.5 Bitcoin per block.
This means that the miners can set the baseline value at whatever their absolute minimum cost-covering charge is, and then turn that into the value of Bitcoin.
This means that the miners can set the baseline value at whatever their absolute minimum cost-covering charge is, and then turn that into the value of Bitcoin.
Do you suppose that the miners might have been saving up Bitcoin mined in the past 6-12 months, in order to cash it out after the halving?
If so, what will the miners do with this backlogue of Bitcoin, post the halving pump?
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.
... it's more than likely that the price is going to increase since the Bitcoin price is based on Supply & demand and when the halving happens the supply will get halved from 25 BTC to 12.5 BTC so if the demand stays the same or increase , price should go high.
While the price depends on supply and demand, the supply is not what is halved. The production is halved. The supply continues to increase (or more accurately, shifts to the right), albeit at a lower rate.
The halving basically forces miners to sell their Bitcoin for twice as much as they used to, as the actual supply of Bitcoin that is available per block gets halved from 25 Bitcoins per block down to 12.5 Bitcoin per block.
This means that the miners can set the baseline value at whatever their absolute minimum cost-covering charge is, and then turn that into the value of Bitcoin.
This means that the miners can set the baseline value at whatever their absolute minimum cost-covering charge is, and then turn that into the value of Bitcoin.
Miners may be forced to ask for twice the price, but traders are not forced to sell at twice the price. Miners are a small portion of the market, so they have no more influence over the price than any other sellers.
Please note that both of these posters are members of signature campaigns, so you have to take what they write with a grain of salt. Members of signature campaigns are motivated to post even when they don't know what they are writing about.
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