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Topic: The Halving - Good or Bad for Bitcoin? - page 27. (Read 83082 times)

member
Activity: 77
Merit: 10
It's how bitcoin is made, so it's good. Reward will be lower, that means higher price because ther will be more demand for btc.
Satoshi is a great mind, his algorithm is perfect, except few bugs, like double spending, else is perfect.
full member
Activity: 210
Merit: 100
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.


n a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit.

But their are some instance that halving have threat for bitcoins price because if price is more higher and reach to 1k$ it is prone to be dump and  big crash will happen like just what happen on 2013 bitcoin reaches for 1k$ by that time and it was followed by massive dump to 200$ and maybe it can be bad happen after halving but really hoping that this will not happen.
thats what bubble mean, and thats happening already because of the hype in halving event some people use to do a panic buy and drop coins when it hits an amount that is reasonable already for them. Hoping to profit with it, this will surely dump the coin. But expect it, many people's perspective is to sell a coin after the event.
full member
Activity: 162
Merit: 100
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.


n a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit.

But their are some instance that halving have threat for bitcoins price because if price is more higher and reach to 1k$ it is prone to be dump and  big crash will happen like just what happen on 2013 bitcoin reaches for 1k$ by that time and it was followed by massive dump to 200$ and maybe it can be bad happen after halving but really hoping that this will not happen.

Yeah, there could be a very large dump after the halving, however whether that happens or not will remain a mystery to us until the halving actually happens. All we know right now is that the price is rising.

I think that halving is good for bitcoin, since it's giving bitcoin the push that it needed.
If they will see the price decreasing then that would really happen, they will dump their bitcoins as they already have profited with the price they purchased, but the question is, is it only because of the halving hype that the price increase or it is because of the demand of the new players in bitcoin world.

at this point the hype about the block halving is what driving the price and thus the demand. the bad side of this is that as soon as the block halving is over, the demand might fall down really hard. that's why i expect the price to go down significantly after the block halving. after that, the price must go up on its own. the lower block rewards will help in getting the supply and demand levels closer to each other.

Is it really what's "driving the price"? Can any one factor determine the price of an asset? BTC exchange rate has been rising for several months, as have a number of useful indicators, such as "My Wallet" users at Blockchain.info, transactions excluding popular addresses, etc. Bitcoin is being adopted; this is what is driving the price.
legendary
Activity: 896
Merit: 1000
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.


n a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit.

But their are some instance that halving have threat for bitcoins price because if price is more higher and reach to 1k$ it is prone to be dump and  big crash will happen like just what happen on 2013 bitcoin reaches for 1k$ by that time and it was followed by massive dump to 200$ and maybe it can be bad happen after halving but really hoping that this will not happen.

Yeah, there could be a very large dump after the halving, however whether that happens or not will remain a mystery to us until the halving actually happens. All we know right now is that the price is rising.

I think that halving is good for bitcoin, since it's giving bitcoin the push that it needed.
If they will see the price decreasing then that would really happen, they will dump their bitcoins as they already have profited with the price they purchased, but the question is, is it only because of the halving hype that the price increase or it is because of the demand of the new players in bitcoin world.

at this point the hype about the block halving is what driving the price and thus the demand. the bad side of this is that as soon as the block halving is over, the demand might fall down really hard. that's why i expect the price to go down significantly after the block halving. after that, the price must go up on its own. the lower block rewards will help in getting the supply and demand levels closer to each other.
full member
Activity: 162
Merit: 100
In a few years, when BitCoin halves a number of times, and the rewards for mining are so low, well people still be mining?
I hope by that point, BitCoin will be more valuable, so even though the reward it low, profits could be high.

this is good, les bitcoin mined mean that the fee will have greater value, and this mean that bitcoin will have much greater price, so the halving is very good it force the price increase imho

The fee will only have greater value in a fiat sense; that is, miners will require more to mine. The value of tx fees, denominated in BTC, will increase if the exchange rate is held constant. This does not force the exchange rate in any direction; it only makes it more expensive to move bitcoins, and so people may do less of it.

If this is the case, miners' revenue will diminish further, pushing those who are closest to the edge of profitability out of business. This decreases hashpower, and increases the probability of a 51% attack if miners do not redistribute themselves among different pools to circumvent it. Naturally, though, the decrease in hashpower increases profitabilty. I think the sensible thing to expect is a *decrease* in hashpower and difficulty after the halving; if this is not enough to hamper the security of the network (which I think it won't be), then the diminished supply coming from miners will transpire over time to price increases (though the greatest correlate of bitcoin price is transaction volume, which may well increase with the publicity that will attend the halving)
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
halving is all good for bitcoin. you may think miners will not like it but it is good for bitcoin itself , it is preventing max number of bitcoin from always growing endlessly.

In a few years, when BitCoin halves a number of times, and the rewards for mining are so low, well people still be mining?
I hope by that point, BitCoin will be more valuable, so even though the reward it low, profits could be high.

bitcoin is growing so the price will rise with that and miners if someday because of many halving can not profit the fees will change based on the price.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
In a few years, when BitCoin halves a number of times, and the rewards for mining are so low, well people still be mining?
I hope by that point, BitCoin will be more valuable, so even though the reward it low, profits could be high.

this is good, les bitcoin mined mean that the fee will have greater value, and this mean that bitcoin will have much greater price, so the halving is very good it force the price increase imho
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
In a few years, when BitCoin halves a number of times, and the rewards for mining are so low, well people still be mining?
I hope by that point, BitCoin will be more valuable, so even though the reward it low, profits could be high.

Miners are expected to earn by collecting fees
hero member
Activity: 1593
Merit: 502
In a few years, when BitCoin halves a number of times, and the rewards for mining are so low, well people still be mining?
I hope by that point, BitCoin will be more valuable, so even though the reward it low, profits could be high.
hero member
Activity: 952
Merit: 500
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.


n a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit.

But their are some instance that halving have threat for bitcoins price because if price is more higher and reach to 1k$ it is prone to be dump and  big crash will happen like just what happen on 2013 bitcoin reaches for 1k$ by that time and it was followed by massive dump to 200$ and maybe it can be bad happen after halving but really hoping that this will not happen.

Yeah, there could be a very large dump after the halving, however whether that happens or not will remain a mystery to us until the halving actually happens. All we know right now is that the price is rising.

I think that halving is good for bitcoin, since it's giving bitcoin the push that it needed.
If they will see the price decreasing then that would really happen, they will dump their bitcoins as they already have profited with the price they purchased, but the question is, is it only because of the halving hype that the price increase or it is because of the demand of the new players in bitcoin world.
sr. member
Activity: 294
Merit: 250
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.


n a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit.

But their are some instance that halving have threat for bitcoins price because if price is more higher and reach to 1k$ it is prone to be dump and  big crash will happen like just what happen on 2013 bitcoin reaches for 1k$ by that time and it was followed by massive dump to 200$ and maybe it can be bad happen after halving but really hoping that this will not happen.

Yeah, there could be a very large dump after the halving, however whether that happens or not will remain a mystery to us until the halving actually happens. All we know right now is that the price is rising.

I think that halving is good for bitcoin, since it's giving bitcoin the push that it needed.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.


n a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit.

But their are some instance that halving have threat for bitcoins price because if price is more higher and reach to 1k$ it is prone to be dump and  big crash will happen like just what happen on 2013 bitcoin reaches for 1k$ by that time and it was followed by massive dump to 200$ and maybe it can be bad happen after halving but really hoping that this will not happen.
legendary
Activity: 1372
Merit: 1005
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.


n a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit.
legendary
Activity: 2940
Merit: 1083
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.

It is or it is not? You know what will happen? I dont really know what could happen. I just abuse the high income now from trading it and get a good profit even if it just takes a low income.
sr. member
Activity: 364
Merit: 250
I think bitcoin halving will be good especially to those shareholders or bitcoin traders because it's one of the best chance to sell their coins for a higher price.
sr. member
Activity: 434
Merit: 250
I think the halving is really good for bitcoin. It's make the price of bitcoin increase so high even the halving not yet come. I'm sure the bitcoin's price will increase more higher when the halving come.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I think the bitcoin will be very good but of course this can not be predicted, we just need to see if it will be profitable.
There is a big chance that it will but we will see!

Halving will be very good for bitcoin when it happens but the total amount of bitcoin produced is already 75% nearly to become 100% for the 21,000,000 pieces of bitcoin to be ever produced.
But for us, it will be very good when halving happens because the price will going to be higher and higher.
You are right, because of the difficulty of mining maybe some miners will close if the price will not go high, so in order for them to remain profitable and continue to do their job to help the blockchain performs faster the price should increase.

I don't think miners will just close or stop mining if the halving happens, since they are playing a very important role in the cycle of bitcoin.
They find an alternative or they will just continue mining if they can see that they cannot be gone in the cycle.
hero member
Activity: 952
Merit: 500
I think the bitcoin will be very good but of course this can not be predicted, we just need to see if it will be profitable.
There is a big chance that it will but we will see!

Halving will be very good for bitcoin when it happens but the total amount of bitcoin produced is already 75% nearly to become 100% for the 21,000,000 pieces of bitcoin to be ever produced.
But for us, it will be very good when halving happens because the price will going to be higher and higher.
You are right, because of the difficulty of mining maybe some miners will close if the price will not go high, so in order for them to remain profitable and continue to do their job to help the blockchain performs faster the price should increase.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I think the bitcoin will be very good but of course this can not be predicted, we just need to see if it will be profitable.
There is a big chance that it will but we will see!

Halving will be very good for bitcoin when it happens but the total amount of bitcoin produced is already 75% nearly to become 100% for the 21,000,000 pieces of bitcoin to be ever produced.
But for us, it will be very good when halving happens because the price will going to be higher and higher.
hero member
Activity: 714
Merit: 500
I think the bitcoin will be very good but of course this can not be predicted, we just need to see if it will be profitable.
There is a big chance that it will but we will see!

The halving will be very good if we have to believe the speculators these days, also the fact that the number of users is increasing makes it for me clear that the bitcoin is gonna rise for rise.

if the effect halving for prices are good, it could make the increase. but I think for the miners probably was not so good, because it would reduce the supply distribution Bitcoin

Well the halving is just the way how the reward for miners is going down and for miners to make profit the price should go up. I am not sure if this is good or bad, since it's just the way the system is working. The moment we are now full of anticipation of the price going up is good for us though.
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