Topic: The Halving - Good or Bad for Bitcoin? - page 10. (Read 83082 times)
Eventually Bitcoin will halve to the point where fees will have to increase dramatically to offset the lost income from new coin fees. I can't see that being a good thing for the currency or adoption. A major advantage now is transaction fees relative to alternative methods of value transfer. If the transaction fees become unwieldy, Bitcoin could collapse.
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
The price action so far this year is quite good. The price now is 50% more than the price early in the year.
Anyway, as long as bitcoin is progressive that is something to be proud and happy, the result of pre-halving and post-halving is great. The hype is on and it attracted numbers of adopters and here we are now.
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
The price action so far this year is quite good. The price now is 50% more than the price early in the year.
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
If we take into account that Bitcoin price surged more than 3 times right before the halving, miners should be happy too. Their revenue flow in dollars increased along with the price, even despite the fact that their reward had been halved in bitcoin terms...
And if the price continues to gradually increase over time I see no reason why they should feel bad
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
The halving should have been good but I think it never been so good like it would be back in the days.
Its bad for miners and for the normal people it was also not so good.
Its bad for miners and for the normal people it was also not so good.
The halving should be good. But the long term value is determined by the mass adoption of the bitcoin.
The halving should have been good but I think it never been so good like it would be back in the days.
Its bad for miners and for the normal people it was also not so good.
Its bad for miners and for the normal people it was also not so good.
I dont see why isnt good for the miners, considering they are saving a big part of the coins they mine, and pay the bills with their fiat balance, they are the one which are making the best results at bitcoin, lets say they had 50 btc block at 250 dollars now they get 25bt block and those coins are worthing twice(50btc), soo i dont see where isnt good for them.
The halving should have been good but I think it never been so good like it would be back in the days.
Its bad for miners and for the normal people it was also not so good.
Its bad for miners and for the normal people it was also not so good.
I think the halving is really good for bitcoin, the price of bitcoin increase so high and the user of bitcoin is also increase too. I think there is no bad on bitcoin about the halving.
not a given, but the price did not increase just because of the halving this time, there were other point that made the price went high and it was then dumped but this always happen, i'm talking about factors like segwit
with a reduction in the number of bitcoin, this should be good for the price and increased when bitcoin increasingly difficult to obtain. but the fact is halving previously did not bring major changes impact on prices. but in my opinion remains good for bitcoin about this halving. so that bitcoin will increasingly have a long life and is not quickly exhausted mined.
I think the halving is really good for bitcoin, the price of bitcoin increase so high and the user of bitcoin is also increase too. I think there is no bad on bitcoin about the halving.
not a given, but the price did not increase just because of the halving this time, there were other point that made the price went high and it was then dumped but this always happen, i'm talking about factors like segwit
I think the halving is really good for bitcoin, the price of bitcoin increase so high and the user of bitcoin is also increase too. I think there is no bad on bitcoin about the halving.
halving the current impact is not enough to price movements bitcoin. .The price actually decreased somewhat bitcoin and also had a negative impact. halving by 2016 is not good for traders.
Price was good before the halving when it crossed $750 level and it fell down only because of the bitfinex hack but still it has managed to recover well after that.
halving the current impact is not enough to price movements bitcoin. .The price actually decreased somewhat bitcoin and also had a negative impact. halving by 2016 is not good for traders.
Price was good before the halving when it crossed $750 level and it fell down only because of the bitfinex hack but still it has managed to recover well after that. Cutting rewards for miner's means less supply, if demand stay the same or goes up, price should go up, economy is clear about it. So halving is created bwith some meaning, in the end it should be good for bitcoin, we know there will be limited amount of bitcons, and lot of us here think that exactly this can make price go up like rocket one day.
Price is going up every year, even this year halving brought a pretty high price in my opinion
Price is going up every year, even this year halving brought a pretty high price in my opinion
It is only in your opinion (personally, I would call it a dream, or a delusion). The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year...
As much as I would want the price to rise further myself, I would, nevertheless, refrain from getting lost in wet dreaming
This is not an opinion, and we are not talking about the future. In fact, we are talking about the past, and not about the past which is vague, obscure, and allows a lot of guesswork, but the one which is represented by firmly established facts. I can't possibly see how there can potentially be a "point of view" in respect to the price dynamics during the last years. You can check the charts to see for yourself, and I would see exactly the same charts. In other words, no amount of viewpoints can change the Bitcoin price history in any conceivable way...
I hope this won't be a matter of further disputes
So what do you like us to think? Refer to the past activity and happenings in bitcoin price and makes a possible scenarios in the future? Bitcoin is unpredictable. Well I think too that your sayings can considered as opinion too but with basis which is better and good compare to other that is just speculating
You are not a sheep, and I'm not a shepherd either. So you should obviously think for yourself. I was just stating the firmly established facts and asking others to do the same. In this manner, what I have said in no case can be considered as an opinion. If you doubt that what I say has more to do with objective reality than with one's interpretation of it ("opinion"), you can see the price charts for yourself (as I already recommended)
Anyways I want to hear more for an experienced user like you especially those "The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year" as I admit Im still on a learning mode
If you want my opinion, I think (and hope) that Bitcoin will gain dramatically from the currency wars waged between major fiat monies out there, when some of them finally collapses (the Euro and Pound seem to be the first in line). So Bitcoin can just sit and wait till the poop plops down, metaphorically speaking...
But remember, profits always trump prophets
halving the current impact is not enough to price movements bitcoin. .The price actually decreased somewhat bitcoin and also had a negative impact. halving by 2016 is not good for traders.
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.
But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
In terms of Bitcoin's fiat valuation, you couldn't really expect a positive effect after the halving, since the event has been widely anticipated. But it's likely that valuation was adjusted in anticipation the event, as market participants took position based on positive expectation. And indeed Bitcoin's fiat price has rising in the weeks before the halving.
Of course the halving has the direct effect of reducing the income of miners. But anticipatory effects can be expected for miners as well. Miners will have prepared for the event in advance, switching to more efficient hardware after the event. At the same time the anticipatory price increase might at least partially absorb the negative effects. In addition, lower block discovery rewards might also stimulate transaction fees with the miners becoming more picky of which transactions to include in a block.
ya.ya.yo!
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.
But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
The mining difficulty is the same in a technical aspect. The rewards are just halved. It will just be bad for the miners if the bitcoin price is not that interesting.
And how come people really expect a massive price increase if halving will occur? Halving is a normal thing that happen in bitcoin's life.
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.
But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.
i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
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