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Topic: The Halving Hype (Read 2348 times)

legendary
Activity: 1442
Merit: 1016
May 10, 2016, 02:48:07 AM
#55
in theory but lots of people will be dumping with the newer higher price Smiley so depends really. I think will go up gradually wave style.

Anf others will buy these coins.So what?
In the end it doesn't matter because it's all about supply and demand. And as we know that daily new supply gets cut in half the price will rise if Bitcoin continues growing.
legendary
Activity: 1372
Merit: 1000
May 10, 2016, 02:43:54 AM
#54
in theory but lots of people will be dumping with the newer higher price Smiley so depends really. I think will go up gradually wave style.
hero member
Activity: 648
Merit: 502
May 10, 2016, 02:31:55 AM
#53
I would say that at least part of the halving should be already priced in. This should not be as the first halving, in which nobody knew what could happen. Now people are mostly convinced that halving will raise price, so it is very likely that many bought in advance, making the price raise already.



But in halving the price increase isn't about more people buying, it is because there is less coins sold by the miners.
So that is why biggest price increase will happen after the halving.

If the amount of buying is the same as before the halving, the price should rise as the supply is lower than before.
legendary
Activity: 1372
Merit: 1000
May 01, 2016, 06:55:51 AM
#52
1qayes I just opened another 50 bitcoin long on kraken.. will keep it open until the halving or sell at 800 usd which ever comes first. Good time for bitcoin;)
legendary
Activity: 1232
Merit: 1000
May 01, 2016, 12:31:49 AM
#51
Well my long positions are doing well Wink opened them soon as you never know when the great big spike will come.

There are many people here with a long-only strategy.
They all believe in the long term growth potential of bitcoin.
When the next surge happens, they will all benefit.  Smiley
legendary
Activity: 1372
Merit: 1000
April 30, 2016, 10:12:08 PM
#50
Well my long positions are doing well Wink opened them soon as you never know when the great big spike will come.
hero member
Activity: 644
Merit: 500
April 27, 2016, 10:21:10 AM
#49
Here are the answers

a) when will the pump happen?
yes
b) how high will it go?
$1000
c) what will the price settle at?

$500
sr. member
Activity: 448
Merit: 250
April 27, 2016, 10:02:17 AM
#48
OK an instantaneous buy followed by lots of dumps I guess but the hype may hold us up Smiley Im still a believer in the halving.

The last halving the price was and stayed the same. I am not sure how this halving this would be different.
Remember the halving is most interesting for miners and with the current generation of miners they can mine with profit.
legendary
Activity: 1372
Merit: 1000
April 27, 2016, 09:05:22 AM
#47
OK an instantaneous buy followed by lots of dumps I guess but the hype may hold us up Smiley Im still a believer in the halving.
legendary
Activity: 1274
Merit: 1000
April 27, 2016, 08:39:14 AM
#46
It's going to either $420 or $500.  The halving won't bring us to $1000 as much as we'd all like that.  If I'm wrong, I'll gladly be wrong believe me.  There's no free lunch on Wall street, as they say, and people who think the halving is going to spike the price are believing in a free lunch.

Why is it "free lunch"?
Let me explain this to you, right now miners are getting 3600btc every day they are selling some part of that to pay electricity etc.
And after halving they will get only 1800btc per day. That is 54 000 bitcoins less every month.
So if miners are selling 50% of their mined coins and holding the other half, then there will be 27000 less coins sold every month.
That means over 12 million dollars less sales every month so of course that will affect the price!

If someone would right now buy 15000 coins (8.2$ million) from bitfinex, price would go up to 1000$
Source https://bitcoinity.org/markets

legendary
Activity: 1372
Merit: 1000
April 27, 2016, 03:02:26 AM
#45
Well since the thread was started we are up 20 bux it's just a small snippet of what is to come Wink can't wait for the roller coaster to pick up a bit more speed.
legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
April 26, 2016, 08:38:38 PM
#44
It's going to either $420 or $500.  The halving won't bring us to $1000 as much as we'd all like that.  If I'm wrong, I'll gladly be wrong believe me.  There's no free lunch on Wall street, as they say, and people who think the halving is going to spike the price are believing in a free lunch.
legendary
Activity: 1246
Merit: 1000
April 26, 2016, 08:32:12 PM
#43
I would say that at least part of the halving should be already priced in. This should not be as the first halving, in which nobody knew what could happen. Now people are mostly convinced that halving will raise price, so it is very likely that many bought in advance, making the price raise already.



But in halving the price increase isn't about more people buying, it is because there is less coins sold by the miners.
So that is why biggest price increase will happen after the halving.

It will be a cycle. The price increase will also get more people interested in bitcoin and we could see more people buying.
The halving is one event I will be keenly waiting for.
legendary
Activity: 1610
Merit: 1183
April 26, 2016, 10:19:44 AM
#42
The halving will just give us a higher price but definitely not enough to make us rich.

A - It has already started

B - Not higher than $700

C - In the range of $500

Not higher than $700? are you serious. Once we get the traction of going up going $700 will get crushed like it's nothing. Times time it will go way  higher than the last ATH, and once the peak is reached, it will probably stabilize all the way down to around the last ATH, so $1000-$1200 will be the new normal (the new $300-400's).
legendary
Activity: 1274
Merit: 1000
April 26, 2016, 09:48:03 AM
#41
I would say that at least part of the halving should be already priced in. This should not be as the first halving, in which nobody knew what could happen. Now people are mostly convinced that halving will raise price, so it is very likely that many bought in advance, making the price raise already.



But in halving the price increase isn't about more people buying, it is because there is less coins sold by the miners.
So that is why biggest price increase will happen after the halving.
sr. member
Activity: 416
Merit: 250
April 26, 2016, 09:39:28 AM
#40
Price rise is gonna stall at $800 dollars sometime before the halving. Next it will probably correct to between 600-650, then if all goes well after the halving, and hash power doesnt mess with it to much, and the whales have finished clearing out the scatterred bearfish, it will moon to between 3.5k and 6.3 k

mark my words
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
April 26, 2016, 09:20:51 AM
#39
I would say that at least part of the halving should be already priced in. This should not be as the first halving, in which nobody knew what could happen. Now people are mostly convinced that halving will raise price, so it is very likely that many bought in advance, making the price raise already.

sr. member
Activity: 364
Merit: 250
April 26, 2016, 08:47:11 AM
#38
Everyone is hoping that the value will rise in the halving but the chance is not that high that it will rise because the value keeps stable for a long time and that is quite bad.
I am scared that there will be a lot of people that must wait a long time until the value will be more and of course they will not like it and that is quite logic.

But it must rise a long time so many people can get much profit of it and that would be nice for them.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
April 26, 2016, 08:37:06 AM
#37
Nothing so outlandish is going to happen, there are decent arguments that the halving could have already be priced in. Seriously, don't count on a massive price increase because you'll most likely get burned. The profit taking from 2015 can smash any rally before it even begins.
legendary
Activity: 2101
Merit: 1061
April 26, 2016, 08:23:00 AM
#36
With the Halving in mind and assuming that the value of bitcoins is increasing steadily, I'd say the price would probably cap at $750 after the Halving and then settle down at around maybe $450 a few weeks/months after the halving because of the big bitcoin dump that will definitely happen. Pretty much the same as what happened in 2014. There was big leap of bitcoin value and then (almost) everyone started dumping and the value continuously started dropping.

Continously dropping....  but not down to levels before the last halving. We have always been way above the last pre halving value despite all ups and downs since.
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