Topic: No Big Halvening Price Rise - page 4. (Read 3671 times)

Well, halving is 1 day and 11 hours away, so we'll see what happens then. Personally I think it is a bit naive to expect the doubling of the price exactly in the day of the halving, but nevertheless I think the price will rise in the future.

I like the comment on the CoinDesk to this article http://www.coindesk.com/bitcoin-halving-2016-will-price-rise-fall/

price has raised more from $300 to $650 but as the users expected there is no price rise during the last moments before halving.

Personally I now think that there will be a (big) decrease in bitcoin price soon after halving.
All those investments that were made the last few month expected some miracle thing to happen with the halving.
Now it's 36 hours away and nothing happened so far. The first decrease of price has already set in the last two days.
Maybe there will be a slight increse in price of some altcoins.
All that money that will be pulled off has to go somewhere, and surly not all of it will be converted back in fiat.

Yeah, it's seems you are right. The price is not increase since 2 days ago and keep decrease, i hope the price of bitcoin will increase soon, before the halving.

All this is a bit like the situation when meteorologists to issue weather bureau forecast "possible percentage of precipitation is 50%"; which indicates that "the rain can go and can not be rain." Bitcoin price may rise after Halving or may not grow. I think the most likely scenario is a slight increase in front and then halves the reduction. When everything settles, and everyone will understand that Halving actually not as big an event as all originally thought, then re-start a gradual climb with little volatility.

The author is partially right and partially wrong. Partially right because what he meant is the increase during the scheduled halving itself and not including other dates. Partially wrong since the price increase have happened previous to the actual halvening, and such price increase is indirectly caused by halvening itself. So to study the trend in market price of bitcoin we must consider not only the scheduled date but the date before and after.

i know all that, and, like i said.. after the halving.
i never said the halving was the only reason. just like right now we have another reasons to this first rally.

That is the actual happening there is no halvening skyrocketing price rise. Many are expecting that there is an ultimate increase but the opposite happened, the price becomes stable. But at least it did not have a major price decrease since if that happens many will lost a huge amount of money due to a sudden decrease in btc value. I am still thankful that even there no skyrocket increase but at least it did not go down.

This could also happen and i think it might just after halving and once the hype dies down, then there should be another spike when people rush to pick up the cheap coins.

What about a slight price drop? Perhaps it's overvalued at the moment.

care to check the charts again.. and maybe put it into scenarios of real life situations, events and circumstance..
EG of miners not "spending" over the christmas period/ new year period. and instead only seen the last halving hit their profitability in the new year once they got back to business..

ill give you a hint. chinese miners.. chinese new year(check the date of the end of the chinese new year holiday when china went back to work)

november '12 under $15..
after chinese new year '13 over $30

by april $230

that spike was the halving spike......
then separately..

the october 2013 price shift was due to ASICS hitting the market

there will not be a price rise the minute of block 420,000

(real world logic, electricity bills are not paid daily so people dont cash out daily)
it takes time for things to happen. it will be weeks-months before miners cash out and realise that they cant pay as many bills as last month. and so will start holding out to push the price up to counteract the halving.


many people will wrongly think that the halving has already be accounted for by the rises of the last year. this is wrong because miners have gotten used to the income that have received and have accepted it as the norm. meaning that miners are going to be affected negatively due to the halving being less than the norm.

the easiest way to prove this is to ask any miner.
have they been preparing themselves for the last 12 months thinking ahead. or have they just been grabbing what they can when they can..
the majority will say they are not even breaking even at the moment let alone getting 200% profit.

so ofcourse if not profiting to a 200% amount now they are going to be negatively hit by the halving. so ofcourse it will cause a market price reaction.. but as my first statement said.. it wont by instant. it would be weeks-months before we see it.

usually i would say a couple months. but due to "speculation" and "prediction" markets. it will speculatively rise before miners do their thing (manipulate supply/demand ratio). but wont be the instant it hits block 420,000 because the "cause-effect" has no direct connection between block 420,000 and the bitcoin price .. after all you cant even move the mined coins until they mature(many confirms)

but be sure, it wil happen. and if you deny it, and in a few months post to say you wish you bought sooner.. well refer to your denial post

You think it's because of Brexit???
Well... It might be a good way to take money out of UK but it's still really strange xD

last bubble started AFTER the halving, so what are you guys talking about?...

this first pump had a lot reasons but none of them were the halving. We will see a pump happening and wont be right now.

This week when the halving will occur, the price would maybe change something, but its a sure the halving price has been adopted, last year 300 dollars this year is already at 600 dollars, at the end of the year bitcoin should readjust its price.

It's just speculation the price will be rising on halving , if someone still holding their bitcoin the price still stuck.
On the other hand , it's good to buy some bitcoin and make the price is rising.

it's occur before the halvening and so many people here saying it is because of brexit effect,and halving have nothing to do with it,and by that we can't count this price rising is halvening's price rising,so i'm expecting for another surprise whether it'll rise or will be falling down

because the price has raised before the block reward halves, and that's what you should get noticed.

...
Meh?
And what about the current btc high price?

LOL, I've heard it plenty of times before. You definitely aren't the first. There are lots of BTC bears, just waiting for the next shorting opportunity. The price is exactly where it needs to be to ensure that big Chinese mining farms can make boatloads of fiat. It probably can even fall a little further, and they can still make boatloads of Yaun. Kind of easy when you get your electricity cheap from a Hydro plant built in the middle of nowhere.