Topic: Previous bitcoin halving - page 2. (Read 2165 times)

I wasn't here also, but I watched around net about it. There is a lot of everything about previous halving, statistic, videos, comments from that time and close after.... Even now people are argue about some things, you will find people who believe that same thing will happen, and you have others.

In my opinion we have different situation here, bitcoin grow since then. There is more people involved, much more alt coins behind bitcoin ( I think that will have big role in futre ), so I think bitcoin have a chance to rise this time, and what is important to stay high. For that I hope for, and I think that would be best possible outcome of this year halving.

last time the halving had a much better effect on the value of bitcoin and because of that bitcoin got much more fame in online world even at that time not enough people were at bitcoin, and nowadays there are about more than 50% online workers are using bitcoin and the demand is also increased as compared to last halving so I will say that at this time bitcoin will get more fame and the value will increase much more.

you don't need to be around to know what happened everything has been writing down on the price charts which are also available publicly.

besides you can't expect the same thing to happen again this time around. although I have the feeling that the same thing is going to happen but there is no guarantee about that.

The miners stopping mining because price is not high enough is just FUD, Back in 2015 we were sitting at £150 mark and now we are more tha double that. miners weren't shutting down miners back in 2015 so why would they do it after the halving when price is already more than double. Price is more than good enough where its at.

I think this conclusion is incorrect.

• it's not 6 month, rally started 2 or 3 months after halfing
• the halving represents a change of paramter. Why would all effects from that happen instantly? That makes no sense and I don't think it's far-fetched to think that there might be some reservoirs of bitcoin that need to be emptied before the supply reduction can take effect and start a price runup can start.

Your logic is really a bit flawed. First you assert that there is no link and then you pose the question wether the situation will repeat. Well, if there is no link, why would it repeat? What exactly would repeat?

My opinion: there is a link and it will probably repeat. If so, we'll all be happy hodlers in spring of 2017.

the month period after the last halving as the christmas period.. so ofcourse logically people were more interested in using their fiat to buy gifts. so there was not much activity in bitcoin.. but as soon as the new year arrived when mining pools start to react to the new years electricity bill and seeing less bitcoin stash, things changed. and the price started to react.

this summer we should not see as much of a lull straight after the halving. so expect there might be some movement much sooner this time
in 2012 it took 4 months to go from $11-$110

so a safe bet is 200% in less than 4 months... yep in not going to exaggerate and say 1000% in 4 months, as i said, go for a safe bet

knowing this, people(trading not mining) will want to get some "cheap" coins early. so dont leave it until the day of the halving to buy large hoards. because others would already have started.

there is no way of knowing when pools will react to the lack of bitcoin income after the halving, we are only speculating it will happen with less of a downtime than the last halving.. but from the traders point of view, they know it will happen at some point and so they will be buying early

also if your reading charts. try to separate the november 2012-may2013 away from the october 2013-december 2014
the pump starting in october13 was in relation to ASICS hitting the market, the the subsequent fall off when speculation died and mtgox saga happened..
treat the reaction to the halving as just the six months of november 2012-may2013

Last bitcoin halving doesnt affect bitcoin too much. I think its because I think Last halving bitcoin users are few if you compare to now. Many bitcoin user will pump the bitcoin today, until the bitcoin halving

Can we say price has to double from 400, from example, 800, so that miners can make as much money as now?

Historically, that the previous decline in awards for the block does not have a material impact on the price of Bitcoin. November 28, 2012 maynerskaya award for the first time decreased twice. Then bitcoin was worth about $ 13.4 and no immediate effect on the price of this event did not have any. Number of block 210 was 000. But in following this, in 2013, the year immediately Bitcoin experienced two price bubble, each of which swells cryptocurrency rate at least 10 times.

I found an old topic in the forum on this topic https://bitcointalksearch.org/topic/block-reward-changing-to-25-btc-in-november-december-2012-61334

2020 Halving will be known as "Satoshi's Halving"...
This is when Satoshi will probably decide to halve his own coin supply!

Well we had a very small climb pre and after befor it took off.  I think the reason we had a double move is because the halving reminded people how scarce bitcoin was. So many months after when we went to $1000 from $12 the halving was still taking effect.  All the new people who join in next rally will be thinking about 2020 halving.

Interesting that the effect of the first halving didn't make the price skyrocket right away. It took a while before the price went up to $1000 but I don't know if that is a direct effect or attributable to the halving that happened. Now, in a month's time, we are going to witness another halving and we might or might not see price movements. Circumstances are different and that makes the anticipation all the more exciting.

Am not present on previous halving. I can guess from the BTC trend for past 2 years that the value has really raised to the top and leading this forum now. So I have some doubts about the halving. Is this calculated by how many users are there at the year end and value will be revised depends upon the users.

I believe that I also was not around when the halving happened that is why I am now even more excited to see the halving happening. Lets hope that it is happening soon because I am ready to make some moves.

Pretty much nothing but just right after the price went up really big, but it probably had nothing to do with it because bitcoin inflation wasnt a matter at that point.

Now it is, so the current halving will have more impact on bitcoin, and we can see a rally after this as well.

At that having the price of bitcoin reach to a much height and everyone was happy with that as all of them who have bitcoin earn multiple X with their coins the other point at that was when a price increased was seen a number of people started to adopt it and the price increased more higher, At the halving of 2016 the price rising is expected but only if people feel interest in it and the other people who are not aware with it start to adopt it.

yes, i think it's because of that reason  too, when there was the first halving, the amount of coins in circulation was tiny in comparison to what we have now

so it was easy to manipulate, that's why in the past there was that huge pump of 25x

Then you can do that to every price increase of bitcoin, and slap a halving sticker on it. "Oh, this price increase was due to the halving that would occur in 3 years." No. It may have played a very small part of it.

I don't expect the halving to have as large of a price increase as people are [stupidly] suggesting. The price will not double. A majority of the community seems to [though it could just be sig-spam] suggest that the halving would have an inverse effect on the price [giving way to supply & demand] though it's not really halving the supply.

I depends on the perspective. When you look back one year ago where the price was around 40% of the current price then there was a good upward trend. Halving is one factor for sure.

It isn't 3x times increase, but 30 usd in a month doesnt seem stable to me...