What are possible scenarios for the block halving?

prodigy8

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Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

I think that the price should increase or there will be a "hard" crash.
Because the mining farms does not have a good profit if the block reward is 50% less.
The price normally should be increased to keep all parties good.

LFC_Bitcoin

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I'm pretty confident that the price will rise fairly significantly. Probably close to double what it is now, maybe more.
It's been par for the course so far in bitcoins lifespan.

boopy265420

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Block halving will cause the rise in prices of Bitcoin that will be normal increase not some extra ordinary.This will happen to cover the expanses of mining so this time this increase will be sure.Mining is must thing to secure and stabilize the network and there will not be dumping in my opinion.

CoinBateman

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Quote from: saddambitcoin on October 04, 2015, 12:48:50 PM

Scenario: miners get 1/2 as much BTC, overnight. They are not going to sell for less. Supply shock. BOOM.

Everyone said it was priced in before the 50->25 halving too, and we remember what happened.

I don't really think that halving is going to do much. Look at litecoin.

saddambitcoin

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Scenario: miners get 1/2 as much BTC, overnight. They are not going to sell for less. Supply shock. BOOM.

Everyone said it was priced in before the 50->25 halving too, and we remember what happened.

jubalix

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every 1/2 I have seen seen to be to have the price discounted/accounted in before the 1/2 ing and so drops a bit after.

LMGTFY

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Quote from: tokeweed on October 03, 2015, 09:22:24 AM

Quote from: mskryxz on October 02, 2015, 02:24:36 PM

Demand still the same but bitcoins generated cut in half should boost the price if all else is the same.

Pretty much every economist since the 14th century?

tokeweed

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Quote from: mskryxz on October 02, 2015, 02:24:36 PM

Demand still the same but bitcoins generated cut in half should boost the price if all else is the same.

Searing

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Quote from: mskryxz on October 02, 2015, 02:24:36 PM

Demand still the same but bitcoins generated cut in half should boost the price if all else is the same.

Or just too much coin being made (ie where the heck is the LTC diff coming from with no new equip being made? er a mass rush from alts to LTC or (LTC) vs use by speculators in China just where it is at and hey thats all we need to ahem go sideways some more and it all could just hang together and price etc continue to go 'sideways' as well

seems sideways is the new normal for btc and ltc (just saying)

(head hurts)

mskryxz

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Demand still the same but bitcoins generated cut in half should boost the price if all else is the same.

dloghwak

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Quote from: Biodom on October 02, 2015, 12:37:43 PM

Quote from: tokeweed on October 01, 2015, 03:32:08 AM

Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

Miners would have to sell more as the rewards are less to maintain their operations.

they cannot sell more than they mine

Except they start to save now and don't sell all immediately.
Could be the case for a few of the more profitable mining companies.

Biodom

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Quote from: tokeweed on October 01, 2015, 03:32:08 AM

Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

Miners would have to sell more as the rewards are less to maintain their operations.

they cannot sell more than they mine

Amph

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Quote from: tokeweed on October 01, 2015, 03:32:08 AM

Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

Miners would have to sell more as the rewards are less to maintain their operations.

not more than what they are selling today anyway, i doubt they are selling less than 1800 coins per day, after the halving at best they can sell that amount

if this is the case, we would get, roughly the same price with the halving, minus the initial hype that will create a relatively strong pump

iram66680

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Either difficulty will drop as mining will become profitable for users or 16nm will be available to the masses, making mining profitable and the price would rise due to the limited supply per day.

randy8777

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Quote from: dloghwak on October 01, 2015, 05:45:36 PM

Quote from: Feri22 on September 28, 2015, 09:15:36 AM

Quote from: forzendiablo on September 25, 2015, 08:07:13 PM

with LTC nothing happened after halving so not sure

I don't agree with your post. When you look at LTC charts, the LTC price increased BEFORE the halving like crazy to 8 USD...from 1.25 USD...Now it is at 3.00 USD...so from my view the LTC halving doubled the price

The rise in LTC was caused by a chinese ponzi. https://www.reddit.com/r/litecoin/comments/3ecwtq/collapse_of_chinese_ltc_ponzi/
The main reason was NOT the halving.

less experienced traders don't do or at least don't do enough research of the thing they invest in. they just see dollar signs. the group that caused the ltc price to reach $8 surely made millions.

BitofaN1

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Quote from: tokeweed on October 01, 2015, 08:20:15 PM

Quote from: BitofaN1 on October 01, 2015, 05:28:38 PM

Quote from: tokeweed on October 01, 2015, 03:32:08 AM

Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

Miners would have to sell more as the rewards are less to maintain their operations.

Assuming they don't already sell most of their coins.But no one really seems to know what % of coins are held by miners in hope of future gains.If we knew that, then it would be easy to make a prediction for the 2016 halving.

If they already sell most of their coins and the halving would make it unprofitable and thereby forced to shut down. That isn't a good scenario as well.

But, if demand is greater than the supply of the most cost efficient miners, price will have to rise.That would be the only outcome I see.

tokeweed

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Quote from: BitofaN1 on October 01, 2015, 05:28:38 PM

Quote from: tokeweed on October 01, 2015, 03:32:08 AM

Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

Miners would have to sell more as the rewards are less to maintain their operations.

Assuming they don't already sell most of their coins.But no one really seems to know what % of coins are held by miners in hope of future gains.If we knew that, then it would be easy to make a prediction for the 2016 halving.

If they already sell most of their coins and the halving would make it unprofitable and thereby forced to shut down. That isn't a good scenario as well.

dloghwak

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Quote from: Feri22 on September 28, 2015, 09:15:36 AM

Quote from: forzendiablo on September 25, 2015, 08:07:13 PM

with LTC nothing happened after halving so not sure

I don't agree with your post. When you look at LTC charts, the LTC price increased BEFORE the halving like crazy to 8 USD...from 1.25 USD...Now it is at 3.00 USD...so from my view the LTC halving doubled the price

The rise in LTC was caused by a chinese ponzi. https://www.reddit.com/r/litecoin/comments/3ecwtq/collapse_of_chinese_ltc_ponzi/
The main reason was NOT the halving.

BitofaN1

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Quote from: tokeweed on October 01, 2015, 03:32:08 AM

Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

Miners would have to sell more as the rewards are less to maintain their operations.

Assuming they don't already sell most of their coins.But no one really seems to know what % of coins are held by miners in hope of future gains.If we knew that, then it would be easy to make a prediction for the 2016 halving.

tokeweed

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Quote from: WheatBreadSaid on September 25, 2015, 12:27:51 PM

What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

Miners would have to sell more as the rewards are less to maintain their operations.

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