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Topic: The Halving - Good or Bad for Bitcoin? - page 8. (Read 83082 times)

copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
December 28, 2016, 12:38:18 AM
The halving is really good for bitcoin, its make the bitcoin price rise. Although the supply is decrease but people still can use bitcoin without any problem becouse bitcoin can be divided into 8 decimal. So bitcoin will always fulfil the demand but its make the value up. Bitcoin and paper money is different becouse of halving, endless print of paper money make its value decrease. So halving is okay for me.
That's why bitcoin price arise because of bitcoin halving and also its supply decreases of course but it has good reason tho, and I really hope that this price will continue to increase or become more stable in this current price 944 via preev.com
hero member
Activity: 672
Merit: 500
December 27, 2016, 11:48:24 PM
The halving is really good for bitcoin, its make the bitcoin price rise. Although the supply is decrease but people still can use bitcoin without any problem becouse bitcoin can be divided into 8 decimal. So bitcoin will always fulfil the demand but its make the value up. Bitcoin and paper money is different becouse of halving, endless print of paper money make its value decrease. So halving is okay for me.
hero member
Activity: 3122
Merit: 672
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December 24, 2016, 04:09:13 PM
I think halving make good affect on bitcoin, well for those people who invested in it in the most beginning. The price is always rise after the halving. Next one will be in 3,5 years and experts are saying that the price will cross the point of 2000$ per 1 BTC.

It's good for Bitcoin holders, a good opportunity to make a profit, because the coin price probably increases after the halving. It's not so good for miners, as they will spend more time to mine more Bitcoins, as the mined blocks have only the half of the amount they had before the halving. For most Bitcoin enthusiasts it's a good event, and a key moment to make profit if you have a good initial investment (fiat) to buy BTCs and hold.
Fluctuating price will always help traders to earn some profit. Due to halving, miners have to suffer loss but turns profitable to all the persons who are holding BTC in hope to make profit from increasing price in future. The new surge in value, gets same profit for miners to continue their process of mining.
hero member
Activity: 994
Merit: 515
Get'em boys
December 24, 2016, 02:23:43 PM
The Halving was and is always going to be a good thing as it limits the number of miners to help bitcoin have that good market price and prevents the flooding of cheap bitcoins to lower its value
legendary
Activity: 3150
Merit: 1392
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December 24, 2016, 01:52:06 PM
I think that something can be good or bad only for people and other living creatures, not for such things as bitcoin. When the price falls it's god for sig campaign managers and all the people to pay others with btc. At the same time it is bad for the investors and those who recieve the salary in btc and vice versa. I think halving is just natural for btc, that's all.
hero member
Activity: 1190
Merit: 525
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December 24, 2016, 12:05:16 PM
I think halving make good affect on bitcoin, well for those people who invested in it in the most beginning. The price is always rise after the halving. Next one will be in 3,5 years and experts are saying that the price will cross the point of 2000$ per 1 BTC.

It's good for Bitcoin holders, a good opportunity to make a profit, because the coin price probably increases after the halving. It's not so good for miners, as they will spend more time to mine more Bitcoins, as the mined blocks have only the half of the amount they had before the halving. For most Bitcoin enthusiasts it's a good event, and a key moment to make profit if you have a good initial investment (fiat) to buy BTCs and hold.
sr. member
Activity: 294
Merit: 250
December 24, 2016, 11:58:44 AM
I think halving make good affect on bitcoin, well for those people who invested in it in the most beginning. The price is always rise after the halving. Next one will be in 3,5 years and experts are saying that the price will cross the point of 2000$ per 1 BTC.
legendary
Activity: 1554
Merit: 1054
December 24, 2016, 11:45:32 AM
If we didnt have halving at bitcoin i believe the real price of bitcoin nowadays would be around 50-200 dollars always fluctuating between those values, and we would had already mined all the bitcoins, soo we would be swicthing to other way to keep the miners active, something now is the block rewards, and in the future fees should replace the block reward.
I do not think so, basically Mr. Satoshi included this feature halving just to ensure having some promotion/boost for bitcoin every four years. The limited supply and halving are being included to target huge price levels for bitcoins imho.

Instead of halve the suppy after 210,000blocks, Satoshi would have designed to reduce rewards for every block. But that will not give any boost.
legendary
Activity: 3486
Merit: 1280
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December 24, 2016, 11:05:00 AM
As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
I think halving is good for bitcoin becouse it is make deflation that pump bitcoin price.

Less new money is required to support the price.

In fact, it depends on a lot of other factors

Just because the influx of new bitcoins decreased thanks to halving, it doesn't mean that the number of bitcoins being traded diminished. After all, bitcoin halving only halves the supply of new coins, but in no case does it take away bitcoins from the market. Provided all other things are kept the same, the number of bitcoins traded still continues to increase though not as fast. In this way, the claim that less money is required to support the price is erroneous in general
hero member
Activity: 756
Merit: 501
December 24, 2016, 10:19:43 AM
If we didnt have halving at bitcoin i believe the real price of bitcoin nowadays would be around 50-200 dollars always fluctuating between those values, and we would had already mined all the bitcoins, soo we would be swicthing to other way to keep the miners active, something now is the block rewards, and in the future fees should replace the block reward.
full member
Activity: 159
Merit: 102
December 24, 2016, 06:57:45 AM
As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
I think halving is good for bitcoin becouse it is make deflation that pump bitcoin price.

Less new money is required to support the price.
sr. member
Activity: 714
Merit: 250
December 16, 2016, 09:10:34 AM
As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
I think halving is good for bitcoin becouse it is make deflation that pump bitcoin price.
member
Activity: 82
Merit: 10
December 15, 2016, 09:07:08 PM
The effect of bitcoin is good for us bitcoin holders,were feeling it right now. And after 4 years where there is another halving ,it could double the current bitcoin price today.

   For bitcoin holders halving is great, cutting rewards and decreasing supply should affect on price. I think this kind of controlled supply is much better then how traditional currencies are made. I'm trying to understand better how it works and seems like all other altcoins works on similar way.

It is true that halving is good for bitcoin users as it will make control on miners earning, but now most of the altcoins are not working on bitcoin as they have their own path and it is controlled by the developer but bitcoin is free and any one can mine and use it.

Normally I would say its good but  I think that from no on it will not be good anymore, I also did not see a lot of changes in the last halving to be honest.
hero member
Activity: 1260
Merit: 524
December 15, 2016, 06:05:17 PM
The effect of bitcoin is good for us bitcoin holders,were feeling it right now. And after 4 years where there is another halving ,it could double the current bitcoin price today.

   For bitcoin holders halving is great, cutting rewards and decreasing supply should affect on price. I think this kind of controlled supply is much better then how traditional currencies are made. I'm trying to understand better how it works and seems like all other altcoins works on similar way.

It is true that halving is good for bitcoin users as it will make control on miners earning, but now most of the altcoins are not working on bitcoin as they have their own path and it is controlled by the developer but bitcoin is free and any one can mine and use it.
hero member
Activity: 756
Merit: 501
December 15, 2016, 05:57:24 PM
Lets remove the halving today, bitcoin would be worthing 800 dollars, maybe 300-400 dollars, this were the value of bitcoin last year, and there is nothing to make bitcoin be at the current value, besides the halving, that reduced the reward  of blocks to half, you may research as you wanna that this year, bitcoin had more bad news, like the hackers sucessfull then good news to bitcoin.
hero member
Activity: 588
Merit: 500
December 15, 2016, 09:55:23 AM
The effect of bitcoin is good for us bitcoin holders,were feeling it right now. And after 4 years where there is another halving ,it could double the current bitcoin price today.

   For bitcoin holders halving is great, cutting rewards and decreasing supply should affect on price. I think this kind of controlled supply is much better then how traditional currencies are made. I'm trying to understand better how it works and seems like all other altcoins works on similar way.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
December 15, 2016, 09:40:59 AM
I remember bitcoins trading below the 400 dollar mark just last year and today the price as almost doubled thanks to the halving so I guess its a good crypto move
There's many factors and not only halving. as i know that the price were affected by halving happened even before the halving occur and at that time the price was increasing rapidly whilst when halving just occur the price stay at the same rate. i think that what makes bitcoin price about to reach $800 is because some factor but not halving

I'm inclined to think that we now see the effects of the halving in full

While the halving itself happened on a particular day, it doesn't mean that the reward was halved only for that day alone, which is what you seem to be thinking or assuming. On the next day the reward remained halved too and for the rest of the cycle it will remain that till the next halving. The effect of the halving didn't show up at once, but it took some time to manifest itself, and the prices that we see today may well be that manifestation. Let's also not forget about the hype which preceded the actual event and caused the prices to surge
hero member
Activity: 1008
Merit: 500
December 15, 2016, 09:27:07 AM
The effect of bitcoin is good for us bitcoin holders,were feeling it right now. And after 4 years where there is another halving ,it could double the current bitcoin price today.
hero member
Activity: 2996
Merit: 524
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December 15, 2016, 09:05:51 AM
I remember bitcoins trading below the 400 dollar mark just last year and today the price as almost doubled thanks to the halving so I guess its a good crypto move
There's many factors and not only halving. as i know that the price were affected by halving happened even before the halving occur and at that time the price was increasing rapidly whilst when halving just occur the price stay at the same rate. i think that what makes bitcoin price about to reach $800 is because some factor but not halving
full member
Activity: 581
Merit: 108
December 15, 2016, 08:59:09 AM
I remember bitcoins trading below the 400 dollar mark just last year and today the price as almost doubled thanks to the halving so I guess its a good crypto move
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