What do you expect from the halving in 2016? - page 12.

Amph

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Quote from: odolvlobo on June 18, 2015, 11:41:31 AM

Quote from: BigBoy89 on June 18, 2015, 07:57:14 AM

The obvious common sense thing to think when demand is same as now but the supply has halved, the price should go up, so buy your bitcoins now and hold until the halvening Cheesy

The supply will not be halved.

The supply of new bitcoins will be halved, but that is not the same as the money supply or the supply of bitcoins for sale, which is more accurately described as the supply curve w.r.t. supply and demand.

it's better to talk about inflation halved then, seeing how many are not understand that after the halving of the reward, there will still be an increase in coin circulation every day, but halved

odolvlobo

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Quote from: BigBoy89 on June 18, 2015, 07:57:14 AM

The obvious common sense thing to think when demand is same as now but the supply has halved, the price should go up, so buy your bitcoins now and hold until the halvening Cheesy

The supply will not be halved.

The supply of new bitcoins will be halved, but that is not the same as the money supply or the supply of bitcoins for sale, which is more accurately described as the supply curve w.r.t. supply and demand.

Herbert2020

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Quote from: BigBoy89 on June 18, 2015, 07:57:14 AM

Quote from: tyz on May 29, 2015, 06:42:28 PM

What do you expect from the halving next year regarding price development of Bitcoin?

Currently, the price is very stable although there are created around 3k new Bitcoins every day. In my opinion, the price stability results by a constantly increase of demand. When the supply will be halved in 2016, the price should be grow linear if the current demand stays the same.

What do you think?

The obvious common sense thing to think when demand is same as now but the supply has halved, the price should go up, so buy your bitcoins now and hold until the halvening Cheesy

while it seems obvious, i think you can not tell for sure that the market supply will be decreased just beacuse the block reward (new coins created) will be decreased. i mean there are many whales with big stashes and also all those big miners have a lot of coins stashed away, they can start dumping which can cause a lot of pressure on price.

Natalia_AnatolioPAMM

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Quote from: pooya87 on June 15, 2015, 11:59:41 PM

i say the "hype" alone will affect the bitcoin price significantly. as you can tell by the comments and topics on the matter, people mostly agree on a price jump as a result of halving.
and also not to forget about what happened in the past, what impact the last block halving had on the price will happen again.

agree with your point wholeheartedly

BigBoy89

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Quote from: tyz on May 29, 2015, 06:42:28 PM

What do you expect from the halving next year regarding price development of Bitcoin?

Currently, the price is very stable although there are created around 3k new Bitcoins every day. In my opinion, the price stability results by a constantly increase of demand. When the supply will be halved in 2016, the price should be grow linear if the current demand stays the same.

What do you think?

The obvious common sense thing to think when demand is same as now but the supply has halved, the price should go up, so buy your bitcoins now and hold until the halvening Cheesy

WhatTheGox

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Looking at the previous halving and looking at whats happening to litecoin right now it seems to only be positive. Maybe why block halving is so bullish is because the mining infrastructure has already been put in place, people have invested time and money. Half the people would need to switch off for the market to not change.

BlackSpidy

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Price at $600+ some months before halving, then, price at $530 during/immediately after halving.

josephliton

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Quote from: tyz on May 29, 2015, 06:42:28 PM

What do you expect from the halving next year regarding price development of Bitcoin?

Currently, the price is very stable although there are created around 3k new Bitcoins every day. In my opinion, the price stability results by a constantly increase of demand. When the supply will be halved in 2016, the price should be grow linear if the current demand stays the same.

What do you think?

On average, since the creation of Bitcoin, a new block has been created every 9 minutes and 20 seconds. This is 7% faster than the correct time of 10 minutes. Taking that into account, I predict that the next Halving will be at Jun 20, 2016.

However if the majority of people believe the price will go up then they will buy accordingly. If this is the case, then buy orders will push up prices.

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dafar consulting

Quote from: cambda on June 16, 2015, 02:40:08 AM

If anything the recent Litecoin rise should reflect on the argument about the halving being priced in already for BTC.

Lol at the "rise"..... from $1.95 - $2.00..... wow guys, so amazing! such rise! we can expect the same for bitcoin next year!

EternalWingsofGod

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Quote from: tyz on May 29, 2015, 06:42:28 PM

What do you expect from the halving next year regarding price development of Bitcoin?

Currently, the price is very stable although there are created around 3k new Bitcoins every day. In my opinion, the price stability results by a constantly increase of demand. When the supply will be halved in 2016, the price should be grow linear if the current demand stays the same.

What do you think?

I expect an exponential over linear increase in the price suprsingly enough, the foundations of Bitcoin have been growing stronger and while the last price pump was due in part due to Mtgox speculation, the fact the market followed it provides a strong argument that if enough attention is paid to an event such as the halving and people get interested again the demand may push it forward.
That said hopefully issues such as a blockchain fork are solved by then so that it ensures others that its worth paying more attention towards.

cambda

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If anything the recent Litecoin rise should reflect on the argument about the halving being priced in already for BTC.

Amph

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Quote from: mikaljan on June 15, 2015, 03:38:02 AM

I would like to expect that the price of bitcoin will rise with the halving but I'm not so sure.

in this world everything is about probability, nothing is certain(minus the death maybe), the probability say that when the block halving will occur around that time the price should rice, there is more chance that it will rise and not the contrary

the story has taught us that, every big coin with their halving, has always eneded up with a better price so based on this, one should hope

jackyrozario

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Gold prices in March of 2013 were hardly affected. Bitcoin price rose from less than $20 March 1st to over $135 at the end of March, an almost 700% increase in USD Bitcoin price. Those locals affected headed for cover into the emerging Bitcoin market. Considering the fact that a mere $500 million Bitcoin market, at the time, is easily swayed by a swift influx of new money, it’s not hard to understand the explosion in value. So consider that a warning shot of what is to come.

pooya87

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i say the "hype" alone will affect the bitcoin price significantly. as you can tell by the comments and topics on the matter, people mostly agree on a price jump as a result of halving.
and also not to forget about what happened in the past, what impact the last block halving had on the price will happen again.

odolvlobo

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Quote from: lissandra on June 15, 2015, 08:55:50 PM

Quote from: odolvlobo on June 15, 2015, 08:26:54 PM

Quote from: randy8777 on June 15, 2015, 05:07:27 PM

Quote from: mikaljan on June 15, 2015, 03:38:02 AM

I would like to expect that the price of bitcoin will rise with the halving but I'm not so sure.

lol, you must be trolling or seriously don't know what you're saying. it's all about supply and demand. if there is less supply price will go up of course. even when supply doesn't increase much from current level.

Ummm, it is also about demand. If supply goes down, the price goes down if demand goes down more.

Well I think demand will always be there, this is not even naive thinking, theres a always a huge percentage needed by money laundering like the gambling site right?

So its just the other percents that effect the possible price, like just buying it for more other reasons like gold value and how many people who see that same view.

If Bitcoin is as cheap and efficient to use as people say, then the demand will plummet because people don't need to hold it in order to use it.

lissandra

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Quote from: odolvlobo on June 15, 2015, 08:26:54 PM

Quote from: randy8777 on June 15, 2015, 05:07:27 PM

Quote from: mikaljan on June 15, 2015, 03:38:02 AM

I would like to expect that the price of bitcoin will rise with the halving but I'm not so sure.

lol, you must be trolling or seriously don't know what you're saying. it's all about supply and demand. if there is less supply price will go up of course. even when supply doesn't increase much from current level.

Ummm, it is also about demand. If supply goes down, the price goes down if demand goes down more.

Well I think demand will always be there, this is not even naive thinking, theres a always a huge percentage needed by money laundering like the gambling site right?

So its just the other percents that effect the possible price, like just buying it for more other reasons like gold value and how many people who see that same view.

odolvlobo

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Quote from: randy8777 on June 15, 2015, 05:07:27 PM

Quote from: mikaljan on June 15, 2015, 03:38:02 AM

I would like to expect that the price of bitcoin will rise with the halving but I'm not so sure.

lol, you must be trolling or seriously don't know what you're saying. it's all about supply and demand. if there is less supply price will go up of course. even when supply doesn't increase much from current level.

Ummm, it is also about demand. If supply goes down, the price goes down if demand goes down more.

techgeek

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Quote from: BitRod on June 09, 2015, 12:13:14 AM

Price will go up, media will go nuts, people will fomo then it will crash.

I think thats pretty much everyday of bitcoin.

not just halving, most people read reddit and go nuts - and fear is what usually drives the price.

randy8777

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Quote from: mikaljan on June 15, 2015, 03:38:02 AM

I would like to expect that the price of bitcoin will rise with the halving but I'm not so sure.

lol, you must be trolling or seriously don't know what you're saying. it's all about supply and demand. if there is less supply price will go up of course. even when supply doesn't increase much from current level.

mrhelpful

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Quote from: mikaljan on June 15, 2015, 03:38:02 AM

I would like to expect that the price of bitcoin will rise with the halving but I'm not so sure.

dont we all. Cheesy

and then people will see more of it like gold lol.

This is just my view, but in some effect. Since bitcoin acts like western union, and these gambling sites need these guys, so its like holding a part of western unions monopoly?

Topic: What do you expect from the halving in 2016? - page 12. (Read 20593 times)