Previous bitcoin halving - page 3. | Bitcointalksearch.org

traderbit

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Quote from: Amph on May 01, 2016, 10:32:47 AM

Quote from: traderbit on May 01, 2016, 09:12:40 AM

When the last halving was made there wasn't a high pump as it was expected but from the picture below we can see that the real pump was after 6 month of halving when the price was really high:

[img ]https://www.deepdotweb.com/wp-content/uploads/2016/01/4.png[/img]

you can also put it in another perspective, the pump happened before the halving, it was around $4 6 months before and then it went to $12, so 3x increase in my book

Well it was another time at that time, but nowadays the pump don't know if it started (considering that it was at 200s and 300s before) but i expect that before the halving there will be a panic buying situation so the price of course will be increased.

Hazir

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Quote from: Amph on May 01, 2016, 10:32:47 AM

you can also put it in another perspective, the pump happened before the halving, it was around $4 6 months before and then it went to $12, so 3x increase in my book

Which is not happening right now. There is no sudden moves and price spikes (-+$50 price fluctuation is standard in my book).
We have pretty stable BTC price despite halving in only 10 weeks from now. Maybe it is because there is already more than 15 millions of BTC mined?

Amph

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Quote from: traderbit on May 01, 2016, 09:12:40 AM

When the last halving was made there wasn't a high pump as it was expected but from the picture below we can see that the real pump was after 6 month of halving when the price was really high:

you can also put it in another perspective, the pump happened before the halving, it was around $4 6 months before and then it went to $12, so 3x increase in my book

Kprawn

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You cannot compare the previous Halving event to where we are now... The coins has been distributed a lot more, and this will make things a little bit more complex. I would rather see something else happen

this time around... We will see a price increase building up to the Halving event, because of all the hype and at it's peak, it will suddenly decline massively.... Why, because a lot of people are waiting for this

event and once the price climb high enough... people will start selling and the bots will go in overdrive. The downward trend will be fast... and people will be disappointed, if they were buying to speculate and the

price will drop and they missed out on selling before it dropped. As usual the speculators will blame Bitcoin for their stupidity. Roll Eyes

senyorito123

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Quote from: maku on May 01, 2016, 09:15:15 AM

So we can easly assume that Halving has little to do with real price rise after 1st reward drop. As 6 months is a little too much time to link halving with that pump.
The question is: will this situation repeat itself after 2nd halving?

For past bitcoin halving it has great effect on bitcoin becaise it has great effect to currents price halving charts tells that past halviNg make the price of bitcoin soar high and i hope it soar high again for this halving event again.

mindrust

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Quote from: BitcoinSupremo on May 01, 2016, 07:21:08 AM

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.

That 1000USD thing had nothing to do with the halving. It was a scam of Mt.Gox (a scam exchange company which is long gone) and they were raising the price unnaturally.

n0ne

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Quote from: calkob on May 01, 2016, 07:22:12 AM

i THINK THE CONDITIONS FOR BITCOIN ARE FAR DIFFERENT NOW COMPARED TO THE LAST TIME THERE WAS A HALVING

This time the scenario is exactly different as the price difference during past halving and this time is very large. This time if the same effect as past halving happens bitcoin goes mainstream.

maku

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So we can easly assume that Halving has little to do with real price rise after 1st reward drop. As 6 months is a little too much time to link halving with that pump.
The question is: will this situation repeat itself after 2nd halving?

traderbit

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When the last halving was made there wasn't a high pump as it was expected but from the picture below we can see that the real pump was after 6 month of halving when the price was really high:

MedaR

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Predictions based on previous events are very inaccurate, and can lead you to losing of money. They can be used only as example for further analysis, but those days situation were different than today..Or our situation soon can be changed within minutes..Be careful!

pawel7777

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Bitcoin didn't break into mainstream back then, and its value was around $12, so looking at the 2012 halving to predict what will happen after the upcoming one is probably pointless.

calkob

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i THINK THE CONDITIONS FOR BITCOIN ARE FAR DIFFERENT NOW COMPARED TO THE LAST TIME THERE WAS A HALVING

BitcoinSupremo

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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.

Dmc123dmc

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Time is the one thing you can't run from

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?

Topic: Previous bitcoin halving - page 3. (Read 2166 times)