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Topic: The Halvening (Read 3799 times)

legendary
Activity: 3248
Merit: 1070
October 15, 2015, 03:00:39 AM
#62
It will be interesting to see which company is willing to mine at a loss for 2 weeks. (If the price doesn't double beforehand)

like ti was said, there will be profit for anyone with a s7 and 0.05 electricty, even before the halving

one s7 consume $45 per month and earn you $300 per month(1.2 btc) after the halving, you have still 45 vs 150
legendary
Activity: 1473
Merit: 1086
October 15, 2015, 02:04:28 AM
#61
It will be interesting to see which company is willing to mine at a loss for 2 weeks. (If the price doesn't double beforehand)
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 15, 2015, 12:58:41 AM
#60
im kinda scared for the reward halfening, just worried that bitcoin just might go haywire and people lose hope  Sad


lots of data hall equip gonna hit the world ..mucho btc difficulty increase in next 4 or 5 months.......if more sideways price action and the pull back on mining begins
because they got burnt driving difficulty up on each other...well

something? has to happen imho....sideways on price at that point and you could well be right it could slip/slide downward towards despair and confusion  (gasp) 'tulips' Ack!

Something has to give ..that something you'd think would be 'price increase' but wtf I've no idea

Difficulty will adjust to the appropriate level, if some people shut down their mining rigs the ones that keep running will get the mining rewards when difficulty subsequently falls, probably within 2 weeks... Its a self sustaining system

copper member
Activity: 2898
Merit: 1465
Clueless!
October 14, 2015, 01:49:38 AM
#59
im kinda scared for the reward halfening, just worried that bitcoin just might go haywire and people lose hope  Sad

lots of data hall equip gonna hit the world ..mucho btc difficulty increase in next 4 or 5 months.......if more sideways price action and the pull back on mining begins
because they got burnt driving difficulty up on each other...well

something? has to happen imho....sideways on price at that point and you could well be right it could slip/slide downward towards despair and confusion  (gasp) 'tulips' Ack!

Something has to give ..that something you'd think would be 'price increase' but wtf I've no idea
hero member
Activity: 756
Merit: 500
October 13, 2015, 06:57:12 PM
#58
im kinda scared for the reward halfening, just worried that bitcoin just might go haywire and people lose hope  Sad
hero member
Activity: 588
Merit: 500
October 13, 2015, 06:33:28 PM
#57
I think we will set a new ATH around the halving.
sr. member
Activity: 379
Merit: 250
October 13, 2015, 12:45:38 PM
#55
legendary
Activity: 910
Merit: 1000
October 13, 2015, 10:35:53 AM
#54
This does put a negative spin on it putting it that way.  Sad
Usually stock splitting is in favor of the holders. But this is conveyed differently.
Will need to wait and see just like everybody else. Crossing my fingers  Embarrassed
member
Activity: 67
Merit: 10
October 13, 2015, 10:31:01 AM
#53
Halving is overhyped. W can only speculate what will happen after it. Standard economics, law of supply and demand would say that bitcoin price MUST go up. But here is a problem, Bitcoin is not exactly under influence of standard economics laws. Personally I would be very surprised if bitcoin price skyrocketed as a result of halving.
It IS overhyped, but that could be good for the fact that there might be extra demand for bitcoins and the trading scene could benefit with that.

Hype is good and we need a little excitement, but theoretically bitcoins halving should have an effect as long as demand is still the same or higher.

Things can easily snowball out of control and likely will - people buying before the halving  will be reported by the media and the publicity will  lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us  all  come before the halving because people I have talked to are stocking up in advance

like the Gox bubble?

I hope because bubbles are lucrative and some people always stay when the bubble poops

Never heard of a pooping bubble...

Haha. Got a laugh out of that. Maybe it shits bitcoins everywhere when it does pop poop.
Q7
sr. member
Activity: 448
Merit: 250
October 13, 2015, 10:01:58 AM
#52
Facinating? I think it deserves more than that. There are so many theories and assumption made thus far based on the little known facts that we are trying to imagine and create with all kinds of scenarios. And as we all know bitcoin is always full of surprises I have a feeling the outcome will caught everyone by surprises.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 13, 2015, 09:11:20 AM
#51
it is evident from previous halvings that bitcoin prices doubles after each halving, so i think that prices will not skyrocket after halving. 500 dollars is what i am speculating, as there is currently no news of mass adaption of bitcoins which can skyrocket its prices.

previous block halvings were when bitcoin had a very small market cap, which makes it very easy to get the price up in a quick fashion. the upcomming halving won't result in a double price.
If you think people won't stock up on coins in the months before the halving, you are mistaken

Indeed, I imagine many have been accumulating coins all year in preparation for the halving. The trouble is, how many halvings did the 2013 bubble price in? Cheesy I wonder if expectations are too high here.....

A lot of People want to get more btc I think ... But they can't buy a load at once and still pay the rent etc if  they're  job only pays x amount every month.... Buying will pick up  when the media reports on it and the coming halvening
hero member
Activity: 728
Merit: 500
Never ending parties are what Im into.
October 12, 2015, 04:40:52 PM
#50
Halving is overhyped. W can only speculate what will happen after it. Standard economics, law of supply and demand would say that bitcoin price MUST go up. But here is a problem, Bitcoin is not exactly under influence of standard economics laws. Personally I would be very surprised if bitcoin price skyrocketed as a result of halving.
It IS overhyped, but that could be good for the fact that there might be extra demand for bitcoins and the trading scene could benefit with that.
hero member
Activity: 756
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
October 12, 2015, 03:57:34 PM
#49
it is evident from previous halvings that bitcoin prices doubles after each halving, so i think that prices will not skyrocket after halving. 500 dollars is what i am speculating, as there is currently no news of mass adaption of bitcoins which can skyrocket its prices.

previous block halvings were when bitcoin had a very small market cap, which makes it very easy to get the price up in a quick fashion. the upcomming halving won't result in a double price.
If you think people won't stock up on coins in the months before the halving, you are mistaken

Indeed, I imagine many have been accumulating coins all year in preparation for the halving. The trouble is, how many halvings did the 2013 bubble price in? Cheesy I wonder if expectations are too high here.....
legendary
Activity: 2842
Merit: 1511
October 12, 2015, 01:04:16 PM
#48
Things can easily snowball out of control and likely will - people buying before the halving  will be reported by the media and the publicity will  lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us  all  come before the halving because people I have talked to are stocking up in advance

like the Gox bubble?

I hope because bubbles are lucrative and some people always stay when the bubble poops

Never heard of a pooping bubble...

When prices droop and you have to cut your loose, that is when a bubble poops. Smiley
sr. member
Activity: 432
Merit: 250
October 12, 2015, 12:23:27 PM
#47
Things can easily snowball out of control and likely will - people buying before the halving  will be reported by the media and the publicity will  lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us  all  come before the halving because people I have talked to are stocking up in advance

like the Gox bubble?

I hope because bubbles are lucrative and some people always stay when the bubble poops

Never heard of a pooping bubble...
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 12, 2015, 11:17:47 AM
#46
Things can easily snowball out of control and likely will - people buying before the halving  will be reported by the media and the publicity will  lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us  all  come before the halving because people I have talked to are stocking up in advance

like the Gox bubble?

I hope because bubbles are lucrative and some people always stay when the bubble poops

The next bubble might be driven by users rather than artificially trading bot or gox cooking the books... But literally anything could start it, maybe we'll see it well  before the halving
Even 1 single country dumping funds into btc could have a huge effect on the price
legendary
Activity: 3472
Merit: 10611
October 12, 2015, 06:18:59 AM
#45
Halving is overhyped. W can only speculate what will happen after it. Standard economics, law of supply and demand would say that bitcoin price MUST go up. But here is a problem, Bitcoin is not exactly under influence of standard economics laws. Personally I would be very surprised if bitcoin price skyrocketed as a result of halving.

i would be more surprise if the price falls as a result of it, then any other scenario, it does not need necessarily to skyrocket to prove that the ahlving worked, a right increase could do the trick

we would get at least a better value out bitcoin, which would increase short-term adoption

all these different hypes are the fuel that powers the market at times and drives it up and down. some of them drive the price up and some push it down.

halving is by far the biggest anticipated one of them, i say since most bitcoiners are waiting for a big rise as a result of halving, then the price is going to go up. the question is "by how much"
legendary
Activity: 1834
Merit: 1009
October 12, 2015, 03:16:08 AM
#44
Things can easily snowball out of control and likely will - people buying before the halving  will be reported by the media and the publicity will  lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us  all  come before the halving because people I have talked to are stocking up in advance

like the Gox bubble?

I hope because bubbles are lucrative and some people always stay when the bubble poops
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
October 12, 2015, 03:04:02 AM
#43
Things can easily snowball out of control and likely will - people buying before the halving  will be reported by the media and the publicity will  lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us  all  come before the halving because people I have talked to are stocking up in advance
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