Topic: How will the Block halving impact the bitcoin price? (Read 2720 times)
I think the halving could double the bitcoin price to around $800 level. It could rise again if there is some pumps.
I think that comes a accumulation phase previous to halving so price could go up.
A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points
A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.
BTC can't really be compared to DOGE or LTC, an abrupt increase in the price due to the halving will be surely followed by a correction \ drop but still to a price higher than the starting one.
Ultimately, in the medium-long term, the laws of demand/offer will affect BTC price too.
That is right. So I would not like the price to rise too quickly after the halving. We just need to reach $1000 later in the year.
Price after halving won't increase much. If the price increase on halving was low then we can see some gradual rise and within short time it starts to decrease and get stabilized around a good price.
A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points
A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.
BTC can't really be compared to DOGE or LTC, an abrupt increase in the price due to the halving will be surely followed by a correction \ drop but still to a price higher than the starting one.
Ultimately, in the medium-long term, the laws of demand/offer will affect BTC price too.
That is right. So I would not like the price to rise too quickly after the halving. We just need to reach $1000 later in the year.
A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points
A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.
BTC can't really be compared to DOGE or LTC, an abrupt increase in the price due to the halving will be surely followed by a correction \ drop but still to a price higher than the starting one.
Ultimately, in the medium-long term, the laws of demand/offer will affect BTC price too.
If the supply is really low then the price will surely be high this is the basic in marketing and trading,but i think so many people are holding and when the halving come there will be a lot of people selling bitcoin which will flood the market.
So you're arguing halving the block reward will lead to an increased supply of bitcoin? That could actually explain why the price went up a months after the last halving: the reward stays lower, and the increased supply of people who are holding now and selling after the halving dries up after a while. A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points
A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.
A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points
The price can go up with the impact of the halving. If the price goes way up this will effect the bitcoin users because bitcoins will be harder to get because they are just getting more expensive. Not everyone can afford the high prices and those people might even quit Bitcoin.
Yeah the block halving will have great impact on the price of bitcoin, the price is going to hit peaks during having, and as you told people won't quit bitcoin because they believe it most and they know about the price fluctuations.
The block halving will have a huge impact on the bitcoin price and the halving may take us much closer to the moon or even half way there.
There are many answers to this question and I am looking forward to see everyone's opinion.
all we know is that it will rise price, but we don't know by how much, it will depend on price that we will have before halving, but i am pretty sure that it won't be more than 2x price rise, for example if we will have 600$ before halving, we will have up to 1200$ after halving, but this price would be awesome too
I think we will have $500 before halving. After halving the price will be $800. The by year end, the price will be $1500.
There are many answers to this question and I am looking forward to see everyone's opinion.
all we know is that it will rise price, but we don't know by how much, it will depend on price that we will have before halving, but i am pretty sure that it won't be more than 2x price rise, for example if we will have 600$ before halving, we will have up to 1200$ after halving, but this price would be awesome too
Block halving will surely shrink supply, but demand and the potential for future demand, have been shrinking for several years already. Now even the slowest have understood that bitcoin has no place in legal commerce and finance in general. People now understand more that bitcoin merchant adoption is only useful as a publicity stunt, and no one will use bitcoin for it's practical properties in legal commerce. All the legal interests have been projected towards the blockchain technology and finding more practical solutions that would be based on that technology.
BTC is a low quality currency with heavy stability issues and the best that it can do, is to offer short time wealth transfer options for more stable and trustworthy currencies. This is most useful only to black and gray markets, where relative anonymity of bitcoin is useful in wealth transfers. The only thing probably holding up BTC price is that black/grey markets still keep flowing value to and out of BTC. This will stop when the trackable nature of bitcoin transfers become too big of an issue and a more innovative crypto with better stealth properties will take over.
I think that halving will mark a major line, where smarter folks exit and dumber folks get trapped in a dying coin. It can spike to 500$+, so everyone would go long while yelling "WOW, WE R GOING TO BE RICHHH!!", but it could just very well start retracting from the present point, because enough people have already gone long and the roof is just too heavy for a proper show. Anyway, bitcoin is still not a good gamble in my books. It has only become more fragile and unpredictable over the years.
BTC is a low quality currency with heavy stability issues and the best that it can do, is to offer short time wealth transfer options for more stable and trustworthy currencies. This is most useful only to black and gray markets, where relative anonymity of bitcoin is useful in wealth transfers. The only thing probably holding up BTC price is that black/grey markets still keep flowing value to and out of BTC. This will stop when the trackable nature of bitcoin transfers become too big of an issue and a more innovative crypto with better stealth properties will take over.
I think that halving will mark a major line, where smarter folks exit and dumber folks get trapped in a dying coin. It can spike to 500$+, so everyone would go long while yelling "WOW, WE R GOING TO BE RICHHH!!", but it could just very well start retracting from the present point, because enough people have already gone long and the roof is just too heavy for a proper show. Anyway, bitcoin is still not a good gamble in my books. It has only become more fragile and unpredictable over the years.
The price can go up with the impact of the halving. If the price goes way up this will effect the bitcoin users because bitcoins will be harder to get because they are just getting more expensive. Not everyone can afford the high prices and those people might even quit Bitcoin.
The halving would really raise the price high...just remember that everyone is expecting a high price during halving and probably be accumulating and holding coins before halving, and after the halving, the coins mined will decrease to half, supply won't be high so price would really increase...
If the supply is really low then the price will surely be high this is the basic in marketing and trading,but i think so many people are holding and when the halving come there will be a lot of people selling bitcoin which will flood the market.
They won't, it's a line of FUD you hear around here, from time to time. Most people holding on to coin these days are in for the long haul, perhaps Lightening Networks will make them rich, but they're mainly here for uncensorable wealth storage, which serves the same purpose at $40 or $400.
The halving would really raise the price high...just remember that everyone is expecting a high price during halving and probably be accumulating and holding coins before halving, and after the halving, the coins mined will decrease to half, supply won't be high so price would really increase...
If the supply is really low then the price will surely be high this is the basic in marketing and trading,but i think so many people are holding and when the halving come there will be a lot of people selling bitcoin which will flood the market.
It is because of the high price...everyone is thinking of the price after the halving to be an opportunity to profit big...As we can see now, everyone is speculating about the price hike..Most probably because they will be selling coins that time..
The block halving will increase the prices. But it might just double the price. We need general adoption to increase the price a lot.
The halving would really raise the price high...just remember that everyone is expecting a high price during halving and probably be accumulating and holding coins before halving, and after the halving, the coins mined will decrease to half, supply won't be high so price would really increase...
If the supply is really low then the price will surely be high this is the basic in marketing and trading,but i think so many people are holding and when the halving come there will be a lot of people selling bitcoin which will flood the market.
The halving would really raise the price high...just remember that everyone is expecting a high price during halving and probably be accumulating and holding coins before halving, and after the halving, the coins mined will decrease to half, supply won't be high so price would really increase...
If the supply is really low then the price will surely be high this is the basic in marketing and trading,but i think so many people are holding and when the halving come there will be a lot of people selling bitcoin which will flood the market.
The halving would really raise the price high...just remember that everyone is expecting a high price during halving and probably be accumulating and holding coins before halving, and after the halving, the coins mined will decrease to half, supply won't be high so price would really increase...
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