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Topic: Hold onto your balls gentlemen , the halvening is coming! ;) - page 8. (Read 8640 times)

legendary
Activity: 1568
Merit: 1000
The article is definitely geared to non Bitcoin holders I guess, 99% of this forum, except maybe some lurkers or newbies already have some basic knowledge about the halvening in particular. Either way, I have a more let's wait and see approach, I'm not sure if it will be such a clear situation.
hero member
Activity: 714
Merit: 500
I don't expect dramatic increase in price after halving and I think overall price will be between 500-600 $ for next few months.Although there are lot of reports which tells new all time high but this is what is my thinking about the realistic price.
hero member
Activity: 728
Merit: 500
I am also waiting for halving of blocks which will strengthen the price and there will be minimum stable floor at around 400 $ as bottom after calculating the mining expanses so enjoy these current prices.
legendary
Activity: 2170
Merit: 1427
I hate to think what will happen to bitcoin if the halfing doesnt go as expected with a nice price rise. Theres gonna be a lot of disappointed people and potentially an end to crytocurrency. hopefully we get a new ATH.

You know what kind of people are getting disappointed? People who don't know anything about investing, and thus have sky high (unrealistic) expectations. These people will get disappointed.

I personally think we might reach a price of +$1000 again, but I also have to say that I keep in mind that the price may also NOT go up that high. If it doesn't happen, then no problem. It is what it is. We can't do anything beside waiting patiently.

Its inevitable the price will go through the roof due to scarcity never mind increased adoption....
Plz don't change your username before I can laugh at you when it breaks $1000 and keeps on going... Smiley

You laugh at me? I am holding since 2013. I kept buying from sub $100 till sub $250. I am the one who will be laughing hard when it is reaching $1000 again Wink
legendary
Activity: 1036
Merit: 1000
There's no bitcoin scarcity. There are MILLIONS of them being dumped EVERYDAY.  There's no mass adoption either. Nobody else around the world gives a sh$t about bitcoins. Only a chosen few here on the forum are constantly beating drums about $350K, $500K, or even $1million bitcoins.

The recent rise in price is due to the whales and manipulators drumming up the price in Anticipation of the Halving in July 2016. It's already being priced in. We might go up to $500-600, but that will be the upper range. If you are expecting $1000+, you will be sorely disappointed.
legendary
Activity: 1526
Merit: 1003
I am holding my balls anyway even before reading this article but this is nice to see some good in favor of halving.This time halving will have positive and important impact on price which I believe for sure.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
I hate to think what will happen to bitcoin if the halfing doesnt go as expected with a nice price rise. Theres gonna be a lot of disappointed people and potentially an end to crytocurrency. hopefully we get a new ATH.

You know what kind of people are getting disappointed? People who don't know anything about investing, and thus have sky high (unrealistic) expectations. These people will get disappointed.

I personally think we might reach a price of +$1000 again, but I also have to say that I keep in mind that the price may also NOT go up that high. If it doesn't happen, then no problem. It is what it is. We can't do anything beside waiting patiently.

Its inevitable the price will go through the roof due to scarcity never mind increased adoption....
Plz don't change your username before I can laugh at you when it breaks $1000 and keeps on going... Smiley
legendary
Activity: 2170
Merit: 1427
I hate to think what will happen to bitcoin if the halfing doesnt go as expected with a nice price rise. Theres gonna be a lot of disappointed people and potentially an end to crytocurrency. hopefully we get a new ATH.

You know what kind of people are getting disappointed? People who don't know anything about investing, and thus have sky high (unrealistic) expectations. These people will get disappointed.

I personally think we might reach a price of +$1000 again, but I also have to say that I keep in mind that the price may also NOT go up that high. If it doesn't happen, then no problem. It is what it is. We can't do anything beside waiting patiently.
legendary
Activity: 1652
Merit: 1265
I hate to think what will happen to bitcoin if the halfing doesnt go as expected with a nice price rise. Theres gonna be a lot of disappointed people and potentially an end to crytocurrency. hopefully we get a new ATH.

If everyone is expecting a rise a few things can happen.

A big buy before the halvening and a big dump afterwards (get rich quick people and whales profitting).
A big buy before the halvening and a frenzy afterwards (people going all gung-ho gamble Choo-Choo new ATH at 10k and a drop to $100 Tongue).
A steady rise towards the halvening (might be whats happening now) followed by a stabilization or a slight drop back to the real value.
You just don't know until it happens and then it seemed obvious.

The only thing that is certain is that the in-flow of new coins will go down. As long as more people want bitcoins we're golden.

People are always disappointed if they don't get rich quick Tongue
If getting rich quick was the sole purpose of cryptocurrency it will end but cryptocurrency is more than a get-rich-quick scheme that is already proven. So no matter what happens Bitcoin is not dead.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
I hate to think what will happen to bitcoin if the halfing doesnt go as expected with a nice price rise. Theres gonna be a lot of disappointed people and potentially an end to crytocurrency. hopefully we get a new ATH.
sr. member
Activity: 387
Merit: 250

Well it's going to impact greatly on the price... Was dumb enough today to purchase some genesis-mining cloud contracts(lifetime too).

Oh well... I hope the price can double in accordance then Wink
legendary
Activity: 3248
Merit: 1070
Every halving will be a radically different beast as four years is a lifetime in cryptoland. I wonder whether there was one single media mention of the 2012 happening. There's no real way of predicting what'll happen this time around. Either way it'll be intriguing to sit back and watch.

I don't remember the 2012 halvening being anything spectacular. In fact, it was pretty much a non-event other than the announcement of the guy who solved block 210000 with a radeon graphics card or something, Laughingbear I think his name was. And the guy won some kind of prize or bounty iirc or maybe just the fame of being known as the one who solved it idk. But yeah, other than that, it was business as usual as the halvening had already been priced in.

Are you kidding? The price ran up to new all time highs last time there was a halving! Or is my memory wrong  Huh

yeah it's true, what people tend to forget, is that it did not happen in the same day of the halving, but in that case of 2012 it happened later, this time it will certainly happen before

because we have already faced the heavy down trend from 2014, in 2012, was different
legendary
Activity: 1512
Merit: 1000
Every halving will be a radically different beast as four years is a lifetime in cryptoland. I wonder whether there was one single media mention of the 2012 happening. There's no real way of predicting what'll happen this time around. Either way it'll be intriguing to sit back and watch.

I don't remember the 2012 halvening being anything spectacular. In fact, it was pretty much a non-event other than the announcement of the guy who solved block 210000 with a radeon graphics card or something, Laughingbear I think his name was. And the guy won some kind of prize or bounty iirc or maybe just the fame of being known as the one who solved it idk. But yeah, other than that, it was business as usual as the halvening had already been priced in.

Are you kidding? The price ran up to new all time highs last time there was a halving! Or is my memory wrong  Huh

That didn't occur until a couple of months after the actual halving. I remember everyon (including myself) getting all geeked up in the months and weeks and days prior to that first halvening and when it came, well nothing much. I'm sure the subsequent rise months later did in fact have everything to do with the halvening, but in the days/weeks around the actual halving... That's how I remember it at least.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

Are you kidding? The price ran up to new all time highs last time there was a halving! Or is my memory wrong  Huh

Was that not down to other factors like the introduction of ASICs? And I thought a decent rise happened a while afterwards. Could be wrong. I wasn't really around at that point.
newbie
Activity: 43
Merit: 0
what is the next price target for Bitcoin, in the longish run? 1000 is more than real, the question is what comes next
the bubble can take price to 2000+ levels.
legendary
Activity: 2101
Merit: 1061
Every halving will be a radically different beast as four years is a lifetime in cryptoland. I wonder whether there was one single media mention of the 2012 happening. There's no real way of predicting what'll happen this time around. Either way it'll be intriguing to sit back and watch.

I don't remember the 2012 halvening being anything spectacular. In fact, it was pretty much a non-event other than the announcement of the guy who solved block 210000 with a radeon graphics card or something, Laughingbear I think his name was. And the guy won some kind of prize or bounty iirc or maybe just the fame of being known as the one who solved it idk. But yeah, other than that, it was business as usual as the halvening had already been priced in.

Are you kidding? The price ran up to new all time highs last time there was a halving! Or is my memory wrong  Huh
legendary
Activity: 1512
Merit: 1000
Every halving will be a radically different beast as four years is a lifetime in cryptoland. I wonder whether there was one single media mention of the 2012 happening. There's no real way of predicting what'll happen this time around. Either way it'll be intriguing to sit back and watch.

I don't remember the 2012 halvening being anything spectacular. In fact, it was pretty much a non-event other than the announcement of the guy who solved block 210000 with a radeon graphics card or something, Laughingbear I think his name was. And the guy won some kind of prize or bounty iirc or maybe just the fame of being known as the one who solved it idk. But yeah, other than that, it was business as usual as the halvening had already been priced in.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Every halving will be a radically different beast as four years is a lifetime in cryptoland. I wonder whether there was one single media mention of the 2012 happening. There's no real way of predicting what'll happen this time around. Either way it'll be intriguing to sit back and watch.
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
i thought i was worth reading so I visit but wtf?

I had it in my mind Reuters is one of the popular network even today but hell with their pop ads? I have to close the tab for the ad covers the article and clicking (x) doesn't help.
was it just on my computer, how about on your end?   I switch to desktop reuters.com/article/idUKKBN0U60GQ20151223
This is why I don't read online news anymore.  Not worth reading anyway and the pages are bloated and intrusive.  Now as to the halvening, this is old news and I don't think it's going to cause a buying spree or spike the price.  Anyone who knows about bitcoin knows about this, and it means little to those just learning.  Yeah, not a big deal.  The price would have reacted already to this "news".
legendary
Activity: 2101
Merit: 1061
The halving mania is coming.

Dont get shaken out by all the useless fearmongering threads, non of which have anything constructive to say or evidence for their bearish predictions.
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