Topic: sorry what is halving the price will rise e or reduce? (Read 2585 times)

I think the halving can make the bitcoin price to rise 3 to 8 times. That is due to the reduced supply of bitcoin.

you're right, if this is influenced by halving, just maybe bitcoin prices will be higher than it is today, maybe if this happens continuously, it could be the price of bitcoin reached more than $ 500. I am so looking forward to this, as many businesses are waiting if prices have gone up, and halving certainly will make the price higher and stable

Price has already started to rise, and now I don't think it will fall back, it will keep on moving up till we reach to the stage of halving, as majority of people have high hopes from halving.

they are many who are buying and selling right now, what's your point?

there are some who buys and sells after 10% high.

It depends on the demand of the new coins. If there is no new demand, the price will actually drop.

There are a lot of people that will indeed panic sell hard, specially those that bought around the 700-900 area, but there will be a lot more people buying due fear of missing out aka FOMO. This is inevitable because this time Bitcoin is way more matured than it was back in the MtGox days, which would put the next ATH at anything around 4000 USD.

halving means that block rewards will be halved, so miners will get less money from bitcoins and maybe it will be unprofitable for them so they will leave their jobs so price will have to rise


so price will rise and some people predicts that price will rise to 1200$ but i think that we will be pretty lucky if price will rise to 900$ as there will be a lon of people that will sell bitcoins

The block reward halving will reduce the new supply of the bitcoins, so the price will rise as the supply will reduce.

The halving will let the block size halve and let the price most likely rise because the block sizing is halving.
If you just hold your bitcoins you will make profit if everything goes like it has been planned.

I personally think that the value keeps stable in the halving and that is because you also already can see that the value is stable and I know we all dont like it.
But we have to accept it and just dont be mad otherwise you are going to sell it too early and that would be bad for you because then you are losing money and that is bad.

So please wait a little longer and wait for a nice price increase so you can sell it later with huge profit.

The halving won't do jack to price but it might make mining less profitable and used miner hardware very cheap on the market. Unless fees rise to compensate, but fees would have to rise quite a bit before they approach the same level as the reward. We might see fee/reward parity at the next halving, or the one after that.

Well said...that's the right idea about the halving... supply would only be half the supply of this past years...If demand is still the same, the price would increase..

The halving will reduce the supply of the new bitcoins, so if the demand is the same, the price will rise.

it's not mainstream, not even close.

if it will ever get mainstream (as in, at least 50% of the western world uses it regularly) the price would be at least $100,000 per bitcoin, could be even much higher depending on how many people use it and how frequently they use it.

right now, not even 1% uses it.

We cannot judge anything at a moment, it can fall back as anything is possible, and to predict anything about the price of bitcoin is simply impossible.

The halving refers to the mining reward.   

Basically, every 10 minutes (approximately) a new block is mined, the miner who find the block gets a reward of bitcoins (on top of all the fees of the transactions).

Originally, this mining reward was 50 bitcoin. But every 4 years (approximately) the reward will half. The expectation is that by the time the rewards become low, bitcoin will be used enough so that the transaction fees alone would be worth much more than the block rewards, so that miners still have an incentive to keep mining.         

An expected effect of the reward halving is that bitcoin becomes more valuable, because mining becomes less profitable, so miners either need to sell their bitcoins for a higher price to make more profit (because for the same amount of energy spent, they now get roughly half the bitcoin), get more efficient miners or shut down their business.     

Since miners have a large effect on the price (because most miners sell a lot of bitcoin to keep paying their electricity bills) if miners are forced to sell for higher prices to remain profitable, this should drive the price up.     

As long as miners still mine a relatively large % of bitcoin (relative to the total amount in circulation) this effect should be pretty large, but the effect will get smaller once nearly all bitcoins have been mined.

We don't know what will be the exact scenario at the time of halving, but majority of us have a belief that price will rise at the time of halving, so lets hope everything goes fine with it.

I think the price will go up a little or stay the same. Right now i am not buying extra for a potential price rise.
Things are too complicated to determine if and how much the price will rise.

I think the Bitcoin's price will rise after the halving event, at least that's the prediction of the most Bitcoin's users till now. But of course there is a small chance that the price reduce as well.

the price will not rise because the block will go from 25 to 12, but for other possible reason like hype, lie miner manipulation because no more profit etc...

the price will rise... because the miners become not more 25BTC blockreward, rather 12,5BTC... i think its safe...

We can't make anything to rise the value of bitcoin. Only we users can make speculations, this might lead the price towards the rising side.

Yes i agree to it we need to raise the value of bitcoin so that all miners will gain profit if there would be a reduce in miners then that would mean a slower confirmation on our transaction is that is bad for bitcoin users.

Halving will halve block reward for miners by half, so that means that miners will earn less money from mining and it can even be unprofitable

So to get profit, price will have to rise, i think that it will rise to 800$ or so atleast, so miners won't leave their jobs, also halving will happen in July

a lot of big hands are at play here. and a lot of money has been ivested in bitcoin in these previous months that the price was stable.

so it is hard for me to come up with a situation that price can go down. and i can only speculate it going up to give all of them a nice profit.

Miners "leave their jobs" all the time and it's not very bad news for Bitcoin.

This is a graph of difficulty (and network power). Every time the red line goes down, instead of up, it's because difficulty has fallen. Difficulty falls in response to the computational power of the network falling - which happens because (some) miners stop mining. When difficulty falls it makes mining more profitable - prompting new miners to start mining.

The current miners purchased their mining equipment in full and certain knowledge that the block reward reduction - the halving - was going to happen. The halving is not going to come as any surprise to them. They will have taken it into account when determining whether or not to purchase their latest mining gear. When the block reward reduction occurs, most miners are not suddenly going to find themselves looking at an unexpected and difficult situation. They're going to be facing something they've been expecting, that they took into account when calculating ROI on their mining gear.

I don't think anyone is seriously arguing that the halving will result in prices falling. Some people - including me - have been arguing that (a) since the halving is known prices already largely reflect it, and (b) some of the more "enthusiastic" traders may well be disappointed by the actual price when the halving occurs. For some reason this is seen as being bearish, as if all the other reasons to be bullish somehow ceased to matter.

halving will halve block reward for miners, so to get profit, price of course will have to go up, or miners will leave their jobs and this would be very bad news for bitcoin, but  i think that price will rise and bitcoin will be alive for next 10 years for sure, and no if you think that halving will reduce price of bitcoins then no, it won't

Nothing is sure on halving. Last time the price increase was observed, so users were expecting the same this time. But probabilities are there to see no price increase.

No,the blockchain's increasing size with the grown of transactions could be solved using the lightning network.More like an idea solution for scalability issues.The lightning network tends to solve by implementing a hashed timelock.The quote below explains well.

r0ach already answered the halving question, so no worries there.

I do have another question though. Is it called Lightening Network, because it lightens the load of actual bitcoin transactions occurring? Or it lightens the wallets of those who thought such a rube goldberg contraption would see mass adoption? Or is it Lightning Network, because intrepid web 3.0 gamblers investors like snappy buzzwords, and bitcoiners just generally can't spell common english words?

My guess is that it will be a non-event. I have seen all the halving episodes so far and they are less dramatic than the talk leading up to them.

Minus the speculators, if the demand remains the same but the output of coins are reduced then we should see a slow gradual increase.

However, there is news like the block size debate, lightening network, and unforseen world events that make this investment a good challenge for both longs and shorts.

we all speculated that later after halving prices will increase due in cryptocurrency every coin that experienced halving also shall offset by price increases.

The value is now stable, but the I think that the value will rise a bit after the halving but it will rise very slowly and I think that will be good enough to make some profit with Bitcoin in the future.
Many people are thinking that it wont rise and that the value will keep stable after the halving but that is not true.

no offense but you know nothing about how the market and the price rises work.

there is always a period of time before each rise, and the longer this period lasts the bigger the rise will be. this period is the accumulation phase where everybody is buying bitcoin at an stable price which is low enough that they can earn a good profit from the rise.

I think that the value will not rise and not reduce after the halving, but I think that the value will keep stable and that can be bad for the most people who wants a higher value of course.
If you are now looking at the moment, you can see that the value is not rising and that is already bad.

Good post, well articulated.  If you paid for english lessons get a refund, your teacher was shit. 

It's clear you could give zero fucks about bitcoin and are only here for your signature spam rewards.  Fuck off back to your third world shithole, the civilized white men are talking.

Well that's true,, before the halving came in, most of us are holding our coins...The demand would just go higher and higher which I think would push the price high...

if i'm not mistake halving will happen on this july and might be prices will increase and let's hope this will really happened

Halving means that the block reward for mining bitcoins will be reduced to 50%. That (supposedly) means that miners will keep their Bitcoins instead of selling them expecting a price raise, while people waiting for the halving will also buy in hope of a price raise. Both things (reduction of supply and more intensive buying) are likely to make price raise.

At the halving period i think that miners will not sell their coins which got from the reward of mining, so there will be less bitcoin to trade which makes the price of bitcoin to be increased (how much we do don't know) but i don't think it will be reduced at least this year.

Like somebody said, we don't really know what will happen, but atleast i and everyone else hopes that price will rise, because if there will be no price rise, miners won't get any profit so they will have to leave their jobs, so if price won't rise it will be very bad for bitcoin

People here can only make rough guesses, and that's it. Just because of the lower block rewards people think the price will rise, but it's not that certain as it looks. Chances are very low, but I see the scenario of the price going down hard as being very realistic. That's why I am not that excited at the moment.

there is no certainties, only probability and it will probably increase, due to reason connected with the hype the less dumping from miners etc...

We can't be sure what will happen after next halving. But we had halving of Bitcoin and Litecoin in the past.
And based on that information we can tell that there was significant price rise after any of that event. In fact, price went down slightly.

Halving is the thing which gonna be half mining according to present mining level. Once halving done Due to supply and demand bitcoins price will raise like skyrocket. This halving will be expecting to fall on coming September mostly.
We ll hope for good price in the market for BTC.

although it wasn't all hype and was also increasing demand the last rise was mostly the mtgox that was fake pumping bitcoin to the moon!

but i think still a similar effect can be expected this year too, because there is another big hype brewing for bitcoin rise, that is why everywhere you look there is talk of halving and a big rise.

Don't be sorry about the halving, price will rise or fall as it has always done for the past 7 years. As someone pointed out previously, we've already had a halving in late 2012, nothing happened in terms of price immediately before the halving, during the halving, and immediately after the halving. 6 months prior to the halving, there was a run up in price, and 6 months after the halving, there was a bubble to 250, of course 12 months after the halving in 2012, we had the great bubble of Nov/Dec 2013. However, that was all in the past. In bitcoinland, the past is NOT a good indication of what's going to happen in the future. The halving this time in July'2016 will bring a wild ride, price will double/triple/quadruple. And then there will be a great fall to 200 or lower. Another great bubble will form. Or not. 

Bitcoin is now getting into mainstream and a lot of people know it now compared from years ago.
The price of bitcoin will rise after the halving but it will certainly drop too.

It's impossible to compare the state of BTC 4 years ago to that of today.  Back then it was still in the cult following phase, whereas now it has broken into the mainstream (and not with the best reputation at the moment.).

We already had one halving 4 hears ago.  So just go back and look at the charts.

It just means we are fully almost at the hard coded # of bitcoins in circulation thats all.

So it rewards less until we actually get to the 100% mined mark. We are at 78% last time I checked.

Well im outdated about the mining reward ,never mined sorry for the wrong information going to edit those.I believe the price is already readjusted 250 to 400 dollars without no reason under it?

It will probably actually drop in price a little after the halving as people are mass selling hoping to get profit just because of the halving. While it will steadily go up after and continue rising uintil it slows down a bit and become steady at a nice level.

The halving is simply reducing the amount of money miners get for finding a block, unlike what the person above said, the current reward is 25BTC and after the halving it will be 12.5BTC, No-one knows if the price is going to go up or if mining will be profitable.

It is very unlikely that the price will drop as a result of the halving. More likely is a gradual increase over the long term due to the reduced inflation rate of bitcoin.

What we will see is a nice pump and dump in the run up to the halving. People will expect the price to rise, causing more buys which will result in a chain reaction of buys. After the hype settles and people realize nothing special happened after halving, price will correct downwards again.

Buying before halving hype is not a bad thing to do imo as it is almost certain to see a nice run atleast.

Well the halving is just an adjustment made by Satoshi Nakamoto to reduce the reward per block,currently when people mine a block they will get 25btc as reward,when the halving occur the reward per block will be 50% meaning 12.5 btc,soo a huge speculation is around bitcoin current and posisble value.

By each stage in Halving,mining becomes less profitable.Now that's a known fact,you can withdraw your assumptions basis on that like everybody is doing and convince yourself.Have a good day.

Well keep listening, there will be more weight to one of the two arguments closer to the halving. Right now it is all wild speculation, price decrease or increase.

right... been hearing this word all the time so

#1: This should be moved to speculation.

#2: No-one is quite sure yet. The community is divided about what will happen once the halving does occur. Some people say that the price has already been modified to fit the halving, others say that it still has yet to occur.

We will see what happens when the halving officially rolls around, but there is no definitive answer yet.

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?