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Topic: Really Everone will PROFIT from BITCOIN? - page 3. (Read 2388 times)

full member
Activity: 210
Merit: 100
Theoretically, when everyone starts to hold on to bitcoins, there is less transactions done and bitcoin value might go down and after the halving, if everyone started dumping/selling their bitcoins, the price would surely go down. $250 is overestimating it imo. It is possible that bitcoin might go down as much as $350. Well, we're never sure what will be the effects of the halving.
legendary
Activity: 1442
Merit: 1016
So everyone is saying to hold as much bitcoins as possible to get some nice profit during halving.Now i know trading is zero sum game so how everyone who is holding will be profitted during halving?
What are the after effects of halving? Can we see  $250 again?

Halving will cut block reward in half. Intead of 25 it will be 12,5 coins for one block.
If demand stays the same or grows the price will sooner or later rise as less coins can get dumped on the market from minder's side.
This is a very simplified explanation.
Price can go down to 250 theoretically. But how likely is it? This to happen there must be some serious issue/incident.
legendary
Activity: 2101
Merit: 1061
Everyone and their grandmother's will profit, EXCEPT you. Oh, and we will see 250 again, guaranteed.

Why is that guaranteed?
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
So everyone is saying to hold as much bitcoins as possible to get some nice profit during halving.Now i know trading is zero sum game so how everyone who is holding will be profitted during halving?
What are the after effects of halving? Can we see  $250 again?

if there is a pump then surely people will sell and the price will come back down. but even if there is a big dump by all the stupid holders , even then the price will not reach $250

as an example you can check the last big rally of bitcoin to $1100 the price didn't fall down to $1 after the bubble burst.
legendary
Activity: 1218
Merit: 1007
So everyone is saying to hold as much bitcoins as possible to get some nice profit during halving.Now i know trading is zero sum game so how everyone who is holding will be profitted during halving?
What are the after effects of halving? Can we see  $250 again?
I really doubt that we would ever see below $380 again, unless there is some mass manipulation of the price happening.

I am holding for the halving, but we still have to wait and see what will happen with the halving, since there are very few historical records to go off of.
legendary
Activity: 876
Merit: 1000
everyone will profit from bitcoin... except the fool who will pay for all of this Smiley
legendary
Activity: 1036
Merit: 1000
April 23, 2016, 09:59:48 AM
#9
Everyone and their grandmother's will profit, EXCEPT you. Oh, and we will see 250 again, guaranteed.
hero member
Activity: 770
Merit: 500
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April 23, 2016, 09:57:18 AM
#8
So everyone is saying to hold as much bitcoins as possible to get some nice profit during halving.Now i know trading is zero sum game so how everyone who is holding will be profitted during halving?
What are the after effects of halving? Can we see  $250 again?
i think that it is impossible for the price to go that much down, at least at the moment, because the price of the bitcoin is being pumped because of an upcoming halving event

im pretty sure that nearly all peopel that are buying bitcoins at the moment will make decent profit after a month or two because the price will jump to the big numbers when people start buying like crazy
legendary
Activity: 3248
Merit: 1070
April 23, 2016, 09:04:14 AM
#7
trading is a sum zero game only in the sense of the total result, but there are surely those that are making profit out of it

i can not see 250 anymore, especially because it would kill bitcoin mining after the halving
legendary
Activity: 1484
Merit: 1001
Personal Text Space Not For Sale
April 23, 2016, 06:16:08 AM
#6
We just hit 250 USD recently. I do not know how much will the halving helps but I am certain that it would increase Bitcoin rate.

Not everyone will earn profit from Bitcoin in general, those who bought Bitcoin at 1000 USD for example, will take sometime to recover their lost.
hero member
Activity: 840
Merit: 1000
April 23, 2016, 06:12:34 AM
#5
everybody was expect that after halving the prices will increase and that's why they are suggest to bitcoin users to hold their bitcoin if they want to get more profit but i think people had only speculate regarding these because nobody else will can be predict the correct prices will really increase after halving


Yes nothing is guaranteed what will happen at the halving, as anything is possible, and no can be 100% sure whether it will go high or fall back, but everyone believes that price will go higher.
legendary
Activity: 980
Merit: 1000
April 23, 2016, 04:54:40 AM
#4
everybody was expect that after halving the prices will increase and that's why they are suggest to bitcoin users to hold their bitcoin if they want to get more profit but i think people had only speculate regarding these because nobody else will can be predict the correct prices will really increase after halving
legendary
Activity: 1232
Merit: 1091
April 21, 2016, 11:43:34 AM
#3
The block halving is more likely to make the price go up instead of down. That's why a lot people advice others to keep holding. Just the probability of seeing the price go up makes people want to hold their coins. After the block halving I think the price will go down because people will secure their profits when the price has gone up.
legendary
Activity: 3276
Merit: 2442
April 21, 2016, 10:34:16 AM
#2
No.

Unless there are some shady shts going on, there won't be any price dumps again.

Bitcoin is doing fine, and building up slowly.
member
Activity: 108
Merit: 10
April 21, 2016, 10:31:57 AM
#1
So everyone is saying to hold as much bitcoins as possible to get some nice profit during halving.Now i know trading is zero sum game so how everyone who is holding will be profitted during halving?
What are the after effects of halving? Can we see  $250 again?
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