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Topic: Multiplying the price by 10 after each halving, is it right ? (Read 3136 times)

legendary
Activity: 1512
Merit: 1012
sr. member
Activity: 248
Merit: 252
I'm not convinced anymore that halving will have any sustained effect.  We might see a short term fizzle of a firework that disappoints perhaps.

Too many people have the same opinion, so likely it won't happen.  If you count the number of Billionaires in the world compared to the rest of us, then herd thinking doesn't seem to make you (us) stand out.  If you want to be Neil Armstrong then you don't go purely for safety, as there are no herds on 'da moon' that I'm currently aware of.

I mean, if you're convinced that it will go up 10x or 25x by next year, then why not mortgage everything and sell your grandma, car and that half gallon of milk in the refrigerator while prices are lower than what they're anticipated to be within the next year?



hero member
Activity: 546
Merit: 500
Hello,

I saw people talking about multiplying the price by 10 after each halving.

Let's say before the having we will have a price of $250 for example, then the rally after the halving would put us at $2,500 and so on.

Is it right ?

I'm trying also to figure a mathematical equation where how will the price moves after halving, in theory.

Who said that ? price is depend on Supply and Demand ........ without demand BTC is nothing more than bits .....
hero member
Activity: 714
Merit: 500
Hopefully litecoin rises...been holding on until this halving Cheesy
Dont hold more than you cant afford to lose

That's been my strategy since beginning Cheesy

But now, however long later, I'm accumulating enough that I would NOT want to lose!
full member
Activity: 154
Merit: 100
Hopefully litecoin rises...been holding on until this halving Cheesy
Dont hold more than you cant afford to lose ,these events are not absolute they are very vulnerable and also very much unpredictable even a second before the halving loll....what if price rises and people like dump millions Huh price would go back to cents .
hero member
Activity: 714
Merit: 500
Hopefully litecoin rises...been holding on until this halving Cheesy
full member
Activity: 154
Merit: 100
how many coins r actually mined till now ??

you can go to blockchains web tabs on the top. click on the tab "charts" then click on total of bitcoins in circulation.

that pretty much answers how much are mined up til this current point.

Its at 14 mill at this moment.
yeah i know that but many coins r like wasted so r they not replaced by new coins ??..or what happens ?
sr. member
Activity: 252
Merit: 250
how many coins r actually mined till now ??

you can go to blockchains web tabs on the top. click on the tab "charts" then click on total of bitcoins in circulation.

that pretty much answers how much are mined up til this current point.

Its at 14 mill at this moment.
full member
Activity: 154
Merit: 100
how many coins r actually mined till now ??
sr. member
Activity: 304
Merit: 250
PUSS Lover
Hello,

I saw people talking about multiplying the price by 10 after each halving.

Let's say before the having we will have a price of $250 for example, then the rally after the halving would put us at $2,500 and so on.

Is it right ?

I'm trying also to figure a mathematical equation where how will the price moves after halving, in theory.

no one can exact predict on the upcoming halving .......... it will be x10 / x2 / x0.5  Grin
hero member
Activity: 728
Merit: 500
If you're not a miner, the halving shouldn't have much effect.  14.5 million of 21 million bitcoins have already been mined. Everybody knows this event is coming, so it should already be priced in.


I don't believe that "it should already be priced in" is true.  Going from 3600 new coins produced every day to 1800 is pretty dramatic, and 2012-2013 showed just what kind of effect on price that halving can have when we went from 7200/day to 3600/day.

I also don't think that 2013's two insane bubbles were driven by halving alone, but it definitely played a part, and it will play a part in the supply and demand of 2015/2016/2017 as well.
newbie
Activity: 25
Merit: 0
Those are just speculations,  a 25x price increase seems too optimistic. After the halving of 2016 the price of bitcoin will definitely  rise since the supply will be cut by half.

Halving is already calculated in current price, dream on!
legendary
Activity: 1120
Merit: 1000
This halving (and next next ones) will bring much bigger spike than previous one. Why? Because much more people will own bitcoin. We are still not even near mass adoption...  Wink

People who are interested in bitcoin already invested in. It's not 2012 anymore

they said the same thing back in 2012.

most of people still dont know enough about BTC, so I think there is enough room for another rise
full member
Activity: 280
Merit: 100
Holding on to LTC - how long until the halving?

It's far too long
legendary
Activity: 3248
Merit: 1070
Holding on to LTC - how long until the halving?

ltc halving p&d is done already no need to hold that deadbag, better to join the bitcoin train at it is right now and waiting for a real halving effect

it should be clear for everyone that you should not expect any increase in the exact moment of the halving, i would say that x10 is possible in a timeframe of many months before and after the halving
sr. member
Activity: 252
Merit: 250
Holding on to LTC - how long until the halving?

I would just sell it now instead of holding it..

I mean we have bitcoin problem as it is with the whole china and their demands of wanting a bigger block and stuff.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
The exciting thing with bitcoin is that no one knows what is going to happen, because all the traditional financial and economy models do not apply to some currency with limited supply and instant international reach, which has never happened in human history

legendary
Activity: 3542
Merit: 1352
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

People who are interested in bitcoin already invested in. It's not 2012 anymore


Yeah.

Right.


It took grandma a decade or more to start using email. That's free, zero risk and does nothing but enhance your life.

If BTC happens at all, it's going to take a long arse time before you're getting satoshis instead of a Werthers Original in return for having some gnarled fingers rammed up your hairless pussy.

hero member
Activity: 714
Merit: 500
Holding on to LTC - how long until the halving?
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