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Topic: July 20, 2016, the block halving date, what will the price be? - page 6. (Read 8374 times)

sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
I'm sure that halving will not affect the bitcoin price in a big scale except if more people started using bitcoin.
What is the point from lowering the supply in the market while there is no new buyers !
sr. member
Activity: 336
Merit: 250
i think it will be around 800$/BTC, because everyone will be afraid, panic, and price will go up or down each day, but then it will be stable at around 800$

800 is a little bit optimistic i think. Let's wait and see what will happen eventually. but right now my guess is the price will float around 600 dollar.
Maybe 650 dollar.
member
Activity: 68
Merit: 12
I speculate on upcoming block halving date, bitcoin would be valued with new life time prices. More accurately it would be more than $2000.
Agreed. People seem to have forgotten how people behave in bitcoin bubbles and we have had plenty. Check my thread in my sig, all dates and price increases seem to fall in line with this.
sr. member
Activity: 406
Merit: 250
i think it will be around 800$/BTC, because everyone will be afraid, panic, and price will go up or down each day, but then it will be stable at around 800$
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
I think we will retest $1175 a month or two before block halving, but we will be dumping on the actual day that it happens.    Litecoin pumped prior to the halving and then dumped.   Market makers gotta abuse the newbie traders.

This may happen with so much tense and think that we might seen new next high in price off course
newbie
Activity: 32
Merit: 0
If everything goes well the price should be good, maybe $600 Wink
And if everything goes very well i can see a new ATH coming up Roll Eyes
But for now only time will tell us how much Smiley
Hop on the train buddies, we are going on for a bumpy ride  Cool

The effect of halving will just raise the price by up to 100%. The general adoption of bitcoin will keep the price rising further.

Yes but there will be a lot of sellers once the price doubles so there will be some major price dips but if the price goes up to $800 or $1000, I'm wondering who will buy the coins at such price.

The users will buy the coins to use it. If there is some kind of discount for paying with bitcoin, people will buy and use it.
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
If everything goes well the price should be good, maybe $600 Wink
And if everything goes very well i can see a new ATH coming up Roll Eyes
But for now only time will tell us how much Smiley
Hop on the train buddies, we are going on for a bumpy ride  Cool

The effect of halving will just raise the price by up to 100%. The general adoption of bitcoin will keep the price rising further.

Yes but there will be a lot of sellers once the price doubles so there will be some major price dips but if the price goes up to $800 or $1000, I'm wondering who will buy the coins at such price.
legendary
Activity: 3080
Merit: 1353
If everything goes well the price should be good, maybe $600 Wink
And if everything goes very well i can see a new ATH coming up Roll Eyes
But for now only time will tell us how much Smiley
Hop on the train buddies, we are going on for a bumpy ride  Cool

The effect of halving will just raise the price by up to 100%. The general adoption of bitcoin will keep the price rising further.
hero member
Activity: 714
Merit: 528
If everything goes well the price should be good, maybe $600 Wink
And if everything goes very well i can see a new ATH coming up Roll Eyes
But for now only time will tell us how much Smiley
Hop on the train buddies, we are going on for a bumpy ride  Cool
legendary
Activity: 2380
Merit: 1026
Between 300$ and 1000$. And this time l hope will see many pump and dumps and l hope l will catch the train on time. This is going to be crazy time for tradings !
sr. member
Activity: 334
Merit: 250
I think price will be around 600$ - 700$, but I surely hope it would be higher  Grin
legendary
Activity: 980
Merit: 1000
So, what do you think will be the price on that day? Are we going to be happy or are we going to be disappointed and why?
i expect we are going to be happy but some people said the price will down and predict the price will be $350 below
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Lower 300's.
sr. member
Activity: 906
Merit: 263
I'm predicting 380 at the day of halving after a few day run up from the high 200-low 300 range.
In the days after we risk falling down to around 120 because of all the disappointment and panic caused by that.
Price should have doubled too! Angry! Sell! Stoopid bitcoonz
If the price reduce on the block halving miners will not be able to pay the bills and most of them will turn off their machines.

Yep, causing a slow collapse of the entire network...
Confirmations will take forever and the network security will plummet. People will lose trust in the system and sell even more, and the spiral continues down.
Yeah it will cause the entire bitcoin network to collapse if the miners quit when the difficulty is high.


I'm pretty sure people don't just turn off their equipment the exact moment the profits pity becomes 0. Many know that bitcoin is volital and will mine at a lose expecting a price rebound. 

Even if half of all miners turned off at the same time it would make little difference, and a huge number of people would pool gpus if it actually became a problem for more than a hour or 2.

lol gpu, there is no way gpu will enter in play ever, the diff is 100B, the diff need to be 10M-100M for a gpu to be worth it, i was mining with my gpu at that range

there is a whole 3 order of magnitude, basically you need far less than 1 peta, not gonna happen when 1 single farm can reach 70 peta already...

That is one of the reason one Core developer want to change the mining algorithm in the Classic mining program.
newbie
Activity: 13
Merit: 0
I'm predicting 380 at the day of halving after a few day run up from the high 200-low 300 range.
In the days after we risk falling down to around 120 because of all the disappointment and panic caused by that.
Price should have doubled too! Angry! Sell! Stoopid bitcoonz
If the price reduce on the block halving miners will not be able to pay the bills and most of them will turn off their machines.

Yep, causing a slow collapse of the entire network...
Confirmations will take forever and the network security will plummet. People will lose trust in the system and sell even more, and the spiral continues down.
Yeah it will cause the entire bitcoin network to collapse if the miners quit when the difficulty is high.


I'm pretty sure people don't just turn off their equipment the exact moment the profits pity becomes 0. Many know that bitcoin is volital and will mine at a lose expecting a price rebound. 

Even if half of all miners turned off at the same time it would make little difference, and a huge number of people would pool gpus if it actually became a problem for more than a hour or 2.

lol gpu, there is no way gpu will enter in play ever, the diff is 100B, the diff need to be 10M-100M for a gpu to be worth it, i was mining with my gpu at that range

there is a whole 3 order of magnitude, basically you need far less than 1 peta, not gonna happen when 1 single farm can reach 70 peta already...
I understand it's not worth it, I'm saying that some people don't care about the few dollars it costs to add hashing power to something they care about. I think if a few botnets and 1,000 or so people all did it just to help secure the network for the 2 weeks
legendary
Activity: 3248
Merit: 1072
I'm predicting 380 at the day of halving after a few day run up from the high 200-low 300 range.
In the days after we risk falling down to around 120 because of all the disappointment and panic caused by that.
Price should have doubled too! Angry! Sell! Stoopid bitcoonz
If the price reduce on the block halving miners will not be able to pay the bills and most of them will turn off their machines.

Yep, causing a slow collapse of the entire network...
Confirmations will take forever and the network security will plummet. People will lose trust in the system and sell even more, and the spiral continues down.
Yeah it will cause the entire bitcoin network to collapse if the miners quit when the difficulty is high.


I'm pretty sure people don't just turn off their equipment the exact moment the profits pity becomes 0. Many know that bitcoin is volital and will mine at a lose expecting a price rebound. 

Even if half of all miners turned off at the same time it would make little difference, and a huge number of people would pool gpus if it actually became a problem for more than a hour or 2.

lol gpu, there is no way gpu will enter in play ever, the diff is 100B, the diff need to be 10M-100M for a gpu to be worth it, i was mining with my gpu at that range

there is a whole 3 order of magnitude, basically you need far less than 1 peta, not gonna happen when 1 single farm can reach 70 peta already...
newbie
Activity: 13
Merit: 0
I'm predicting 380 at the day of halving after a few day run up from the high 200-low 300 range.
In the days after we risk falling down to around 120 because of all the disappointment and panic caused by that.
Price should have doubled too! Angry! Sell! Stoopid bitcoonz
If the price reduce on the block halving miners will not be able to pay the bills and most of them will turn off their machines.

Yep, causing a slow collapse of the entire network...
Confirmations will take forever and the network security will plummet. People will lose trust in the system and sell even more, and the spiral continues down.
Yeah it will cause the entire bitcoin network to collapse if the miners quit when the difficulty is high.


I'm pretty sure people don't just turn off their equipment the exact moment the profits pity becomes 0. Many know that bitcoin is volital and will mine at a lose expecting a price rebound. 

Even if half of all miners turned off at the same time it would make little difference, and a huge number of people would pool gpus if it actually became a problem for more than a hour or 2.
hero member
Activity: 672
Merit: 500
Price of course should be higher than now.I think the price for 1 BTC will be somewhere at around 600 $ by then.I don't idea whether this will be temporary or stable price but we will see this is what I think.
legendary
Activity: 1876
Merit: 1005
We don't have any reason to be disappointed regarding price as these are already in very good position.There will be seen some speculation in period of halving of blocks but not that much as some of our friends are expecting here.Price of Bitcoin will reach much more higher but gradually and over the time in couple of years.I am already happy that we will not see price under $400 anymore once the halving will be done.
hero member
Activity: 854
Merit: 1000
I guess between $600-$700. This range sounds reasonable to me.
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