Topic: How will halving affect the value? - page 22. (Read 19719 times)
Halving can reduce the newly "minted" coins to the market, so the new money required to support the price will be reduced.
the value will be affected through hype, which will increase the so called "random demand", and because miners want to save their ass because it's their business, they can even pump the value themselves
Yes the one who sell coin daily are the bitcoin miners and if they will get only half amount of bitcoin as reward after halving. Bitcoin must be pumped almost double to around 1k to compensate expense of mining.
It can't get pumped , at least not to 1000$ like you said .
Halving will get the new mined coins halved (12.5 BTC) instead of (25 BTC) and not the existent one , so a 100% increase on the price is impossible to happen .
mining machines will have to double in speed or cost half the
price unless bitcoin rockets higher which is what i think / hope
will happen. I would love to see $1000 again.
price unless bitcoin rockets higher which is what i think / hope
will happen. I would love to see $1000 again.
halving itself doesn't, some people will pump the price up though. However I think that the price will be saturated at least a month before the halving or even sooner.
This is what I don't understand, and I've posted this in another thread about the same thing: I think the price of bitcoin already reflects the halving. It's not a surprise, and so there should be no reaction to it once it happens.
Does that make sense? I'm not a huge believer in the efficient market hypothesis, but I think it should be true for this.
Does that make sense? I'm not a huge believer in the efficient market hypothesis, but I think it should be true for this.
Yes the one who sell coin daily are the bitcoin miners and if they will get only half amount of bitcoin as reward after halving. Bitcoin must be pumped almost double to around 1k to compensate expense of mining.
The bitcoin value will definitely go up, as the miner will be selling (all or part of) their reward to pay for the expenses. If the price remains, they will not be able to survive.
The same way as the halving affect all cryptcoins: by a pump.
Only thing left to discussion is the size and exact timing
Only thing left to discussion is the size and exact timing
Will the value of bitcoin go up because of halving to mining reward or will this cause a crash?
Jump to: