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Topic: hey guys what would be the effect of halving on bitcoin price? - page 2. (Read 1268 times)

legendary
Activity: 1218
Merit: 1007
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.
legendary
Activity: 1960
Merit: 1026
If you know when the price is below $400, and now getting close to halving the current price rise is much higher, and this is clear evidence of the effect of halving for bitcoin prices, and you will see a higher price when towards halving occurs.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
there is already a lot of topics about it and also a lot of speculation about this matter. basically nobody can tell you anything for certain but as you can already see, those who were saying price will go up were right so far.
sr. member
Activity: 336
Merit: 250
I think the halving will be affecting the bitcoin price on a positive way and that it will reach the 1000 dollar because of the halving.
Of course I'm not fully sure of this but this is my prediction.
full member
Activity: 252
Merit: 100
Well we're already starting to see the effect. The price will go up as supply decreases and demand grows. But the moves right now are in speculation of what the final price of the halving will be. My guess is somewhere near $700 after the dust settles and the sellers dump for profit. Then we should see a slow and steady rise despite sell pressure daily.
copper member
Activity: 1442
Merit: 529
No one knows for sure, its pure speculation but we all or at least the majority of the users of this forum thinks the price will go up. If you have been careful to follow bitcoin price trend during last few days you would have notice that its price is already spiked quite a lot, lets hope we are all right and bitcoin price will go further up right after the halving takes place.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
i think most of the effect of bitcoin halving is about the hype it brings to the price of bitcoin so we can see rises but also apart from the hype there is always the fact that there will be less bitcoins mined each day which will help reduce the amount being dumped on the market each day.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
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 not predictable at all. Many people said that after halving the price will be pumped, but it's just speculation. so if you have many bitcoins, consider carefully to sell it now or hold it until halving comes because there is possibility that the price will be down after halving. So just see what will happen.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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 main effect if bitcoin price gets halving maybe trading players will spend all of their money to buy bitcoin, And a lot of bitcoin users will get panic selling and I think not investor will remain to believe with bitcoin so there is no investor will stay away from bitcoin.
staff
Activity: 3500
Merit: 6152
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.

I'm not sure if you used the search function (I assume not otherwise you would find shitload of posts about it) ... anyway, Nothing is guaranteed however 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.

See this Coindesk article for more information's : www.coindesk.com/making-sense-bitcoins-halving/
full member
Activity: 161
Merit: 100
Hey guy as you know bitcoin halving is coming. So i'd like to know the effect of it on the price of bitcoin.
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