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Topic: Previous bitcoin halving (Read 2164 times)

hero member
Activity: 2492
Merit: 586
June 17, 2016, 04:43:24 PM
#54
It didn't have a huge upward trend in 2012 after the halving, but after sometime, almost 1 year from halving then, it got up to 1000 USD as a price.
But answering your questions, now you cannot have that as a gauge to judge this halving, as many things are different now. If the price doesn't go up significantly after this halving many miners will have to shut down and that is not a good thing.

Realistic view should be price of BTC in the range of 500-750 USD after the halving but this is just a prediction, because this cannot be truly be predicted, all we have to do is wait and see.

PS. Keeping your bitcoin is a very good idea until then.
Yeah nice idea to save your bitcoin, cause the halving are away in only a days left distance. We could earn a nice profits if that will be a cause. We could get a tremendous amount too.
legendary
Activity: 1862
Merit: 1505
June 16, 2016, 02:58:56 PM
#53
The upcoming bitcoin halving can't be compared with the previous bitcoin halving. Previously, people weren't aware of the halving nor there was a big amount of distributed bitcoins. The effects of the upcoming halving would be much more different.
legendary
Activity: 1008
Merit: 1000
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June 16, 2016, 02:58:02 PM
#52
at least if after the halfing the price drops some it will seem like we are getting a great deal if we can buy again at 500 dollars. I havent bought any at the current price but if and when it drops back down i will probably grab a few more to inflate my holdings.
hero member
Activity: 504
Merit: 500
June 16, 2016, 02:54:19 PM
#51
I wasn't around for the previous halving.
What happened to the price of bitcoin at the halving and can that be used to gauge this upcoming halving?

The price was pretty low,less than 10$ i think,so it would be impossible to make a comparison since bitcoin is worth 70 times more now.
hero member
Activity: 1344
Merit: 565
June 16, 2016, 02:42:32 PM
#50
The previous halving was highly effective and looks new to most users when they experience continuous increase. And upon that people started speculating these days about price increase on halving which has happened now.
I think the terms in hike of BTC is pretty differ compared with last year halving. Am expecting the value of BTC will treat us well with hike. When you see the value of past years was very and slightly increased and now suddenly increased.
legendary
Activity: 3164
Merit: 1213
June 16, 2016, 01:46:47 PM
#49
The previous halving was highly effective and looks new to most users when they experience continuous increase. And upon that people started speculating these days about price increase on halving which has happened now.
legendary
Activity: 1904
Merit: 1073
June 16, 2016, 12:47:22 PM
#48
Looks like the old block halving is nearly the same as this year.. and i think after block halving we will see that the price will goes back to below 400 or 200.. i don't know if it will happen but this is just my speculations..

It will go down, but not to $200.... at that price most of the miners will have to stop mining. I think we might see it averaging out at about $500, because it always goes back to where it averaged for

a couple of months, or a little bit higher. This is also just me using historic price statistics from the last few years. The last Halving did not have such a big distribution of coins as we have now, and a

small group of people, made a huge difference last time...They cannot do it now.... Well not that easily any way.  Roll Eyes
legendary
Activity: 2016
Merit: 1030
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June 16, 2016, 12:40:59 PM
#47
Looks like the old block halving is nearly the same as this year.. and i think after block halving we will see that the price will goes back to below 400 or 200.. i don't know if it will happen but this is just my speculations..
sr. member
Activity: 350
Merit: 250
June 16, 2016, 12:26:02 PM
#46
I wasn't around for the previous halving.
What happened to the price of bitcoin at the halving and can that be used to gauge this upcoming halving?
When i started bitcoin, The exact date is the bitcoin halving so ididnt know it and my friend is only telling me that ,that day is the 1st bitcoin halving but i didnt have any idea about that, Now i know how to gain a profit from it. But when i see the chart of last bitcoin halving , i see bitcoin doesnt push a lot too make a break

I was also not on bitcoin, on previous halving but when i heard about bitcoin and then about halving of 2013 then i started to search for it on google, and i got all the info about halving and previous halving.

The previous halving not much was to be expected i remember reading on this forum.
This halving things are totally different and very spectacular events are happening.
hero member
Activity: 742
Merit: 500
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June 16, 2016, 11:55:58 AM
#45
I wasn't around for the previous halving.
What happened to the price of bitcoin at the halving and can that be used to gauge this upcoming halving?
When i started bitcoin, The exact date is the bitcoin halving so ididnt know it and my friend is only telling me that ,that day is the 1st bitcoin halving but i didnt have any idea about that, Now i know how to gain a profit from it. But when i see the chart of last bitcoin halving , i see bitcoin doesnt push a lot too make a break

I was also not on bitcoin, on previous halving but when i heard about bitcoin and then about halving of 2013 then i started to search for it on google, and i got all the info about halving and previous halving.
full member
Activity: 210
Merit: 100
June 16, 2016, 11:40:43 AM
#44
I wasn't around for the previous halving.
What happened to the price of bitcoin at the halving and can that be used to gauge this upcoming halving?
When i started bitcoin, The exact date is the bitcoin halving so ididnt know it and my friend is only telling me that ,that day is the 1st bitcoin halving but i didnt have any idea about that, Now i know how to gain a profit from it. But when i see the chart of last bitcoin halving , i see bitcoin doesnt push a lot too make a break
hero member
Activity: 658
Merit: 500
June 16, 2016, 11:23:09 AM
#43
The stable price in 2013 before the huge rise in late 2013 was around $100. That is a rise of 10 times compared to before halving.

yeah, at that time the price was increased to about 10 x so we can also expect the increase in this halving the same in this year.
hero member
Activity: 1764
Merit: 584
June 16, 2016, 11:18:34 AM
#42
The stable price in 2013 before the huge rise in late 2013 was around $100. That is a rise of 10 times compared to before halving.
legendary
Activity: 3080
Merit: 1024
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June 16, 2016, 11:15:44 AM
#41
I wasn't around for the previous halving.
What happened to the price of bitcoin at the halving and can that be used to gauge this upcoming halving?
No one can predict or make assume about markings halving price. it has many factors can make bitcoin halving it's difficult to explain about markings halving price.
full member
Activity: 196
Merit: 100
June 16, 2016, 08:57:45 AM
#40
i am quite new here. i have now idea about the previous bitcoin halving. i want to know about this. i have no idea what halving is. and what happens in halving.
legendary
Activity: 3164
Merit: 1213
June 10, 2016, 03:06:42 AM
#39
During the past halving none knew about it and when such a big variation happened every user got added hope on bitcoin. With that now too users expecting big variation on halving. Truly none is sure of changes on halving.
member
Activity: 90
Merit: 10
June 10, 2016, 03:05:23 AM
#38
ill just stay positive in the upcoming 2016 bitcoin halving, whatever happens still life goes on.
legendary
Activity: 2954
Merit: 4158
June 10, 2016, 12:06:42 AM
#37
Me too i was no there also but i research about it.Last halvings made an history on crytp currenxy world specially on bitcoin world reaching a historical price of $1200.Yes we can use previous halving as basis of this years halving.But i expect more than what happened last halving im looking forward for bitcoin reaching $2000-$5000
It didn't reach $1200 when there was a bitcoin halving. It was at around $6 during the first halving and it increased slightly, I presume there wasn't much cost to running it and people could make a profit even after the halving and hence people could still make a profit.


Bitcoin has gained a significant popularity since then and the price has rose significantly. I would expect it to be roughly the same and the price increasing slightly more. Reason being the profit miners are making would still be reasonable even after halving.
hero member
Activity: 2870
Merit: 612
June 10, 2016, 12:03:47 AM
#36
Me too i was no there also but i research about it.Last halvings made an history on crytp currenxy world specially on bitcoin world reaching a historical price of $1200.Yes we can use previous halving as basis of this years halving.But i expect more than what happened last halving im looking forward for bitcoin reaching $2000-$5000

That's way too much 800usd might just bne it's peak this time.
hero member
Activity: 1372
Merit: 564
June 09, 2016, 11:58:21 PM
#35
Me too i was no there also but i research about it.Last halvings made an history on crytp currenxy world specially on bitcoin world reaching a historical price of $1200.Yes we can use previous halving as basis of this years halving.But i expect more than what happened last halving im looking forward for bitcoin reaching $2000-$5000
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