How will the Block halving impact the bitcoin price? - page 4.

haileysantos95

full member

Activity: 168

Merit: 100

Quote from: --Encrypted-- on March 19, 2016, 01:10:21 PM

Quote from: BitAurum on March 19, 2016, 01:07:54 PM

Quote from: --Encrypted-- on March 19, 2016, 01:05:21 PM

Quote from: BitAurum on March 19, 2016, 12:42:38 PM

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

yes. because the halving halves the block reward from 25BTC to 12.5BTC. ofc the difficulty can affect that also.

The difficulty will be much higher than before,i think ever 2 weeks the difficulty raises and with the halving it will be much more harder to mine.

--Encrypted--

copper member

Activity: 924

Merit: 1007

hee-ho.

Quote from: BitAurum on March 19, 2016, 01:07:54 PM

Quote from: --Encrypted-- on March 19, 2016, 01:05:21 PM

Quote from: BitAurum on March 19, 2016, 12:42:38 PM

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

yes. because the halving halves the block reward from 25BTC to 12.5BTC. ofc the difficulty can affect that also.

BitAurum

sr. member

Activity: 318

Merit: 250

Quote from: --Encrypted-- on March 19, 2016, 01:05:21 PM

Quote from: BitAurum on March 19, 2016, 12:42:38 PM

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

--Encrypted--

copper member

Activity: 924

Merit: 1007

hee-ho.

Quote from: BitAurum on March 19, 2016, 12:42:38 PM

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.
personally I think the price will raise to $500~$600 after the halving.

Denker

legendary

Activity: 1442

Merit: 1014

Hard to answer.It could already be priced in.
But maybe it's not and a 2x increase or so could be possible.
I myself don't give it that much of attention and will stick to my strategy.
So it doesn't really bother me.

J4mie

jr. member

Activity: 33

Merit: 3

Some say there won't be any difference because the halving effect has begun already but I don't think so. I see 2 scenarios:

- Loads of media attention and a big rally

or

- Not much media attention, not much difference in the price, people getting disappointed and selling their coins leading to a crash

BitAurum

sr. member

Activity: 318

Merit: 250

There are many answers to this question and I am looking forward to see everyone's opinion.

Topic: How will the Block halving impact the bitcoin price? - page 4. (Read 2667 times)