Roughly 8 months to go before the next having. What will the impact on price be?

Meuh6879

legendary

Activity: 1512

Merit: 1011

Quote from: Cryptology on December 01, 2015, 05:36:17 AM

What are your expectations?

I'm wake-up on morning ... and i see the graphic on my usual phone ... and ...
bitcoin curve isn't display.

so, i scroll to the bottom ... like usual.

but no ... so, i scroll to the top of the graph.

again, again, again ...

but, it's to high ... i must restart the browser to ... change the graphic scale.

and now, i release that ...

so, in conclusion :

extrabyte

legendary

Activity: 840

Merit: 1000

The last halving wasn't any big difference but by this July i expect the price to be increased at least 10-30%.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: SmoothCurves on December 01, 2015, 03:10:40 PM

We will rise to a new base of $500-700 before the halving.

The subsequent bubble will take us back to $1k, then up to $7k

Why only $7k and not $70k? Let's be a bit realistic in here! Rising to $7k from where we are here that is like 20 fold increase.
Based on mere halving event, that is reducing the number of newly created coins, but the coins that were already mined do stay around.
Speculation on halving is one reason to get the price growing, but to get that far you need substantial increase of volume compared to where we are now.
That means attracting new users, broadening the adoption. Mythical Chinese speculators would not be able to push much further beyond the last ath, I estimate it to max. $2-3k, if we get really optimistic. All what goes beyond that should land in the sci-fi section.

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: Enjorlas on December 01, 2015, 01:05:30 PM

Quote from: h0w8rd on December 01, 2015, 12:34:20 PM

if everything is unchanged, half will only mean price increase as supply is lowered.

Or that the price will decrease at a slower rate.

The utter bottom seems to hit where the profit of the most profitable mines start to go negative.

I think we will see a very crazy $200-900 range... like a wild ride and settle down around $400-$440 after the halving.

richardsNY

legendary

Activity: 1232

Merit: 1091

I find a price of around $700-$800 quite fair just after the bitcoin block halving. I only hope the people that kept holding their coins will not dump it down to around $500. That wouldn't be nice.

SmoothCurves

sr. member

Activity: 379

Merit: 250

We will rise to a new base of $500-700 before the halving.

The subsequent bubble will take us back to $1k, then up to $7k

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Quote from: helloeverybody on December 01, 2015, 02:27:58 PM

theres no way its breaking 1k , Every second post i read is someone saying how they will sell once it reaches 700-1000.

Any reasons on this???
Why do you think that bulls won't push the price above $1k???
Don't you think it's easy for them to just throw the markets off to more than $2k if they want, and dump on us back to $500-$600 range???

Denker

legendary

Activity: 1442

Merit: 1014

Quote from: Enjorlas on December 01, 2015, 10:32:23 AM

Massive bubble followed by a two year bear market.

I don't think we will see another crazy 2 year bear market. First of all it depends when we will start to rise, then how long and how high.
The steeper the rise in a short period of time, the deeper we will fall that's for sure. But if we start to rise way earlier in anticipation of the coming halving and can hold this trend until 1-2 or months after that in a steady rise, no big bear market will happen.
And I don't believe we will see another crazy rise like Nov 2013(not in such a short time).

helloeverybody

legendary

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

theres no way its breaking 1k , Every second post i read is someone saying how they will sell once it reaches 700-1000.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Based on the indicators that I have been following all the time, it shows that $600 is the floor being followed by a very big price hike that we might witness in the upcoming weeks/months...
If you are to predict the price, not so accurate but at least to get an idea, see the charts...
Charts are your friend in getting what you need to know...

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: Enjorlas on December 01, 2015, 10:32:23 AM

Massive bubble followed by a two year bear market.

Very short, but very precise prediction at the same time. I am with you on that one! Massive bubble would mean $2-3k of the peak value, and then going down to look for the equilibrium price around $500-600. The last bear was about 18 months, this new one after the next bubble may be twice as long (the following halving is in 2021).

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Enjorlas on December 01, 2015, 10:32:23 AM

Massive bubble followed by a two year bear market.

Nothing we can do about it! Bitcoin will be growing in such way in foreseeable future and we will see at least 2-3 more bubbles, followed with longer period of depression! We are just too small and when we will get new, big influx of users, bubbles will be unavoidable!

Enjorlas

hero member

Activity: 788

Merit: 1000

Quote from: h0w8rd on December 01, 2015, 12:34:20 PM

if everything is unchanged, half will only mean price increase as supply is lowered.

Or that the price will decrease at a slower rate.

h0w8rd

newbie

Activity: 56

Merit: 0

if everything is unchanged, half will only mean price increase as supply is lowered.

randy8777

legendary

Activity: 896

Merit: 1000

it is very likely to see the price go up significantly. i do however think that we should not expect anything in the range of $2000 - $3000. if we can manage to touch $1000 again, then we have done an amazing job. i do hope the $1000 will hold as the volatility in these months will be extremely heavy.

morantis

hero member

Activity: 868

Merit: 503

I really think it could hit $2000. I would not stake my wallets on it, but this is wholly possible. I think the next month will be the tell. Whatever it is at the end of Dec, expect twice that at the end of June.

talks_cheep

legendary

Activity: 1036

Merit: 1000

I predict we will see 1K in Feb/March 2016. Followed by 3 years of bear market. I've been known to be correct, most of times. I've also been known to be a troll. But, you can never accuse me of being silent in the face of blatant bulltards.

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: Enjorlas on December 01, 2015, 10:32:23 AM

Massive bubble followed by a two year bear market.

yeah but in a greater range than 230-300, i'm fine with a bear market if they can play their shorting game at ...let's say...1k-5k range

as long as there are progress everything is accepted even stagnation

Enjorlas

hero member

Activity: 788

Merit: 1000

Massive bubble followed by a two year bear market.

Cryptology

legendary

Activity: 1008

Merit: 1001

In Cryptography We Trust

According to: http://www.bitcoinblockhalf.com/ the next Bitcoin halving event will happen in the second half of July 2016.
On that date supply of new coins will be reduced by 50% and consequently price should go up.
What are your expectations?

Topic: Roughly 8 months to go before the next having. What will the impact on price be? (Read 877 times)