What are possible scenarios for the block halving? - page 3.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Amph on September 27, 2015, 07:26:02 AM

miners will not leave they can earn profit at least for two other halving, with the current efficiency, so we are safe from that point of view

the price will increase almost for sure, un less some major thing will put a dent on bitcoin before the halving

Yes, at the moment it all points out that the price should increase around the next halving. what will happen in the end and how will market dynamics work out it will be seen.

Halving is not the only thing that should work out for the Bitcoin price next year. I expect that in 2016 the long awaited ETFs and Gemini exchange see the light of the day. Also the block size increase should be solved and this should regain the confidence into Bitcoin as well.

Denker

legendary

Activity: 1442

Merit: 1016

If demand in the markets stays the same as it is now or it raises a bit, the price of Bitcoin will be higher. If demand should decrease maybe nothing will change and price still will be in $200 range.

Amph

legendary

Activity: 3248

Merit: 1070

miners will not leave they can earn profit at least for two other halving, with the current efficiency, so we are safe from that point of view

the price will increase almost for sure, unless some major thing will put a dent on bitcoin before the halving

bitwarrior

legendary

Activity: 1764

Merit: 1000

Quote from: newcripto on September 27, 2015, 06:24:27 AM

I also see rise in price after the halving of blocks.Someone respected member stated above about LTC 's halving I will just say there is no comparison between BTC and LTC.One is original and other is simply cope.Rise in price is sure with or without halving in next years.

Same speculation here, BTC price might increase from 25% to 40% as the demand for it dictates. And I dont think as well that mining will slow down as we reached the halving phase.

newcripto

hero member

Activity: 728

Merit: 500

I also see rise in price after the halving of blocks.Someone respected member stated above about LTC 's halving I will just say there is no comparison between BTC and LTC.One is original and other is simply cope.Rise in price is sure with or without halving in next years.

rz20

legendary

Activity: 1330

Merit: 1001

If the demand is the same as right now price will go up. If the prices go up a lot ($200), it can be the start of a new bubble because the appearing of bitcoin in the mass media.

Q7

sr. member

Activity: 448

Merit: 250

Theoretically there would be an upward pressure for price to increase but that is provided that demand remains the same at its current level. But as I've said earlier there are just too many scenarios that could happen and things could just took an unexpected turn. You can just put forward the assumption that miners will shut off their machine as they are unable to remain profitable but don't forget others miners could still fill that vacant slot. Whatever it is I hope volatility will somehow reduce and we could see a more stable price.

Itun

full member

Activity: 238

Merit: 100

If demand is high enough, prices will increase quite dramatically.

However, if it is low, prices will decrease even more and miners would decrease their investments in their rigs because it won't be as profitable.

DieJohnny

legendary

Activity: 1639

Merit: 1006

Demand keeps dropping, halving can't come soon enough just to keep us where we are......

pleaseexplainagain

member

Activity: 115

Merit: 10

Quote from: Hugroll on September 26, 2015, 08:42:26 PM

im thinking price should go up, but no one can really be sure

it seems to me that people who think the price will go up would logically be buying more now ie they are getting cheaper coins now that the future. That inflates demand a little and maybe moves the current price up a little.

But when halving comes (because of the above) demand should less than normal/now. it may be that lower demand roughly matches the lower increase in supply so there is no major price movement.

Just becasue the rate a new bitcoins arriving to be bought drops does not mean there is a 'shortage' for buyers and so they push the price up in a bidding war.

I think demand is so weak you may see little change Shocked

coinableS

legendary

Activity: 1442

Merit: 1186

I think there could very well be another round of FOMO similar to 2013. Now only 12.5 coins per 10 minutes instead of 25!! When we have huge sell offs people panic and over sell, when we have the big rises people go crazy and over buy in fear of missing out.

talks_cheep

legendary

Activity: 1036

Merit: 1000

Quote from: ausbit on September 26, 2015, 08:09:50 PM

Quote from: forzendiablo on September 25, 2015, 09:07:13 PM

with LTC nothing happened after halving so not sure

The LTC halving didn't rase the price at all in fact it continued to go down, why was that?
How would the BTC halving differ from the LTC halving?

Not entirely true. About 2 months before the LTC halving, in June/July, LTC price rocketed up to $15 from $2. After the halving, LTC price has settled at around $2.80 currently.

I can foresee BTC behaving the same way, just in different numbers$$$.

Hugroll

hero member

Activity: 756

Merit: 500

im thinking price should go up, but no one can really be sure

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: ausbit on September 26, 2015, 08:09:50 PM

Quote from: forzendiablo on September 25, 2015, 09:07:13 PM

with LTC nothing happened after halving so not sure

The LTC halving didn't rase the price at all in fact it continued to go down, why was that?
How would the BTC halving differ from the LTC halving?

Well for one, Litecoin is shit.

ausbit

legendary

Activity: 1330

Merit: 1019

Quote from: forzendiablo on September 25, 2015, 09:07:13 PM

with LTC nothing happened after halving so not sure

The LTC halving didn't rase the price at all in fact it continued to go down, why was that?
How would the BTC halving differ from the LTC halving?

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Nobody know what will happen. There are of course different scenarios. Bitcoin price might jump upwards and majority is expecting this scenario.

It might happen that nothing will happen since the halving has already been anticipated and calculated into the current Bitcoin's price.

It might happen that some miners will shut down their machines since they will become unprofitable. I don't see this as a problem since we already have more than enough and even too much of the hashrate so if this drop happens, no biggie.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: g-unit on September 25, 2015, 02:30:24 PM

Quote from: randy8777 on September 25, 2015, 02:04:21 PM

Quote from: g-unit on September 25, 2015, 01:48:14 PM

Price will double if demand stays exactly the same. Most likely demand will increase before the halving though.

the price might go up maybe 25%-50% at most a few months before the actual halving. the most interesting thing will happen after the halving has taken place. that's when we know what the real effect is on the price. at this point people can only guess.

What happened after the first halving price wise? I wasn't around back then. Whatever happened then will most likely happen again?

it's very difficult to compare the previous halving with the one comming in juli 2016. the market cap back then was nothing compared to now. bitcoin's userbase has grown and there is much more merchant adoption. don't think any one knows exactly what will happen.

buddu

hero member

Activity: 700

Merit: 500

I just see halving of block to increase the price of Bitcoin.After halving the minimum price of Bitcoin should be at least 350$ which will be cost effective for miners.So we should expect more high prices than this one.

Fiat_Hodler

full member

Activity: 196

Merit: 100

up up up

forzendiablo

legendary

Activity: 1526

Merit: 1000

the grandpa of cryptos

with LTC nothing happened after halving so not sure

Topic: What are possible scenarios for the block halving? - page 3. (Read 4417 times)