What do you expect from the halving in 2016?

Herbert2020

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Quote from: Meuh6879 on May 17, 2016, 03:03:56 PM

....
the thing is ... if you upgrade the transaction speed from 4 to 40 ... much people adopt this because it cost nothing compared to other service.

How many transaction are completed in Paypal, OKCoin, Alipay, etcs ... ?

i don't completely agree with the way you say this. the transaction speed is high enough, it is almost immediate. the slow part is the confirmation part which will take some time and right now since there is no longer any spam attack it is less than 10 minutes for normal fees.

also people who want to adopt bitcoin don't see this issue at first so that is not the thing that prevents adoption.

Zoomer

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Quote from: lister storm on May 17, 2016, 03:56:13 PM

Quote from: stromma44 on May 17, 2016, 02:30:40 PM

I am expecting higher price of halving as everyone is hoping for the same, we just need to have patience and some faith in bitcoin.

well yeah, though i believe that we might need to wait a little bit more even after the process after the halving, hopefully the price rise will happen really soon and we wont have to wait a lot

i honestly expect a new all time high that would allow me to become a much richer person than i am right now, though any increase would be really good for me

Yeah we don't expect price to skyrocket but at least it should show us some descent and good price that we have been waiting for since long time.

odolvlobo

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Quote from: Meuh6879 on May 17, 2016, 03:03:56 PM

In other view, we have the year 2013 ... for a good example of an halving.

https://bitcointalksearch.org/topic/m.14273356

Also consider the Litecoin halving last year:

lister storm

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Quote from: stromma44 on May 17, 2016, 02:30:40 PM

I am expecting higher price of halving as everyone is hoping for the same, we just need to have patience and some faith in bitcoin.

well yeah, though i believe that we might need to wait a little bit more even after the process after the halving, hopefully the price rise will happen really soon and we wont have to wait a lot

i honestly expect a new all time high that would allow me to become a much richer person than i am right now, though any increase would be really good for me

Meuh6879

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Quote from: Wexlike on August 07, 2015, 06:53:29 AM

Quote from: tyz on August 06, 2015, 06:06:34 AM

Are you serious? Shocked

What is the reason for this expectation? in my wildest fantasies i would only expect a price around $500.

Quote from: Odalv on August 04, 2015, 07:24:52 AM

I expect $5k-$10k/btc after halving.

Well, he didn't specified the time frame after the halving. Theoretically that means the price has to climb over 5k$ till 2020. Not that unrealistic with continued user growth, adoption and more and more use cases.

the thing is ... if you upgrade the transaction speed from 4 to 40 ... much people adopt this because it cost nothing compared to other service.

How many transaction are completed in Paypal, OKCoin, Alipay, etcs ... ?

---

In other view, we have the year 2013 ... for a good example of an halving.

https://bitcointalksearch.org/topic/m.14273356

From 10 USD ... to 100 USD.
And now, we are on 450 USD.

3 years : 10-100 USD
3 years : 100-450 USD

You are not ready for this jump ... because trusted thinks doesn't really exist since Bitcoin network (well, yes ... the NTP server exist Grin

).

Junko

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Forget halving 2016, I'm already looking forward to halving 2021 which is just five years away. If you are really truly long like me, then it may be something you might want to consider.

All the bitcoin that I accumulate now are with halving 2021 in mind. The reason why is that after this year's halving has run its course, I don't think we'll see prices below what they are today in the upcoming years. I may be wrong of course and maybe prices will drop back down to today's ranges or even lower. Maybe. But, I'm going to go ahead and plan for bitcoin being worth lots more around and after the third halving in any case.

Long and strong. Ride or die.

stromma44

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I am expecting higher price of halving as everyone is hoping for the same, we just need to have patience and some faith in bitcoin.

yefi

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Quote from: molecular on May 17, 2016, 02:18:25 PM

people tend to overestimate short-term effects and underestimate long-term ones: they expect too much too soon and then, when they almost forgot, are surprised at the magnitude of the effect and barely make the connection any more.

Have to give you +rep for that because it's quite true about human psychology.

molecular

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people tend to overestimate short-term effects and underestimate long-term ones: they expect too much too soon and then, when they almost forgot, are surprised at the magnitude of the effect and barely make the connection any more.

this halfing will be no different.

gerXhonza

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Quote from: socks435 on May 17, 2016, 02:04:04 PM

I am expecting after block halving is the value of bitcoin will be double.. im not sure but we dont know what will happen after block halving.. ..
So im collecting more bitcoin as soon as i can..to make more profit one the block halving is done..

Yeah halving will take the price of bitcoin to a higher level and there is no doubt in it, and this halving will bring some smile on the faces of its users for sure.

socks435

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Privacy is always important

I am expecting after block halving is the value of bitcoin will be double.. im not sure but we dont know what will happen after block halving.. ..
So im collecting more bitcoin as soon as i can..to make more profit one the block halving is done..

victoryboy

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Well we all know very well for network safety and to keep it running mining is necessary.Halving is going to cut the reward in half which means cost will increase.Current price represents the price after halving.My theory is if these will be bottom price then we should see 650-800 $/BTC in next 6 months from now on.Our expectation is logical and there are serious reasons for this to happen.

fantoos

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My expectations are not different than others.Once halving is near and after it we will see price over $ 600 for /Bitcoin.It is impossible for price to remain same.I don't have many Bitcoins but still what I hold will make me nice profit.I have made up my mind to sell at first pump in period of halving and then buy back when it goes in correction phase.

boopy265420

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I don't have some big expectations anymore.The main purpose is already has been achieved and that is some kind of stability in price.There is some stability in price at 450 $ and this is biggest achievement and impact of halving.This doesn't mean there will not be any uptrend or increase just stability and minimum about what I talk now.

OrangeII

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Quote from: crossabdd on May 17, 2016, 11:02:00 AM

My expectation is certainly very great. enough for me, the price could go back to touch above $1000 as of 2013.
but if it is difficult to achieve. can at least touch 600.

I hope the price of bitcoin be above $ 800. I think $ 1,000 is still very far from the current price but it was also very good when it occurs. but I am not too hopeful because it can be impossible if it did not happen halving

zimmah

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I think the halving will cause the price to spike like 2 or 3 months after the halving, just like last time.

how much the price will rise exactly is hard to say though, it's been a long time since the price went up by orders of magnitude, i don't know if it will happen again, I think it might, but i'm not sure.

ingiltere

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I lowered my expectations. We won't see a huge price spike anymore. Not before block halving, not after block halving. Maybe we might see 600's but that's already a realistic target for this year. If we encourage more people to use Bitcoin the price will follow up eventually.

crossabdd

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My expectation is certainly very great. enough for me, the price could go back to touch above $1000 as of 2013.
but if it is difficult to achieve. can at least touch 600.

sishendaoye

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I expect the price to go down if the halving is going to begin. This way more people can manage to invest and buy bitcoins so I hope that the halving is going to happen anytime soon now.

fkvidar

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Quote from: AsaroUk on May 17, 2016, 10:32:24 AM

The most are hoping of course that the value will be more worth in this year but it is hard to know what the value will be and that is the problem.
But it was stable for a long time and that is bad so there must be a time soon that it have to rise.

Price has started to rise slowly now and that is the good sign for the bitcoin users and we can expect best price at the time of halving.

Topic: What do you expect from the halving in 2016? (Read 20573 times)