What do you expect from the halving in 2016? - page 3.

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legendary

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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.

Derrike

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Quote from: coinableS on August 06, 2015, 12:43:27 AM

Quote from: fearlesscat10 on August 06, 2015, 12:14:55 AM

Quote from: ProfessionalGoogler on August 04, 2015, 07:57:23 PM

Nothing will happen because the price will have already adjusted long before the halving since people expect it to go up..

In other words, it probably won't move much upward or much downward, but stay at trends unaffected completely by halving.

Your forum rank doesn't give you much credibility. Isn't it just basic economics? Halving = less bitcoins. Less supply + consistent demand = rise in price.

Forum rank != credibility BUT
I agree with you that supply and demand will lead to a higher price, but I don't expect to see anything crazy in 2016. Once we get closer to 20 million is when the fear of missing out will hit.

And that is in the year around 2140.
I know we all will be dead a long time before it.
So we have a responsibility to guide our children and grandchildren about Bitcoins.

tyz

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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.

gotmilk_

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What will happen? Learn from history Wink

Natalia_AnatolioPAMM

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I expect uprising interest and general fuss about bitcoin

odolvlobo

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Quote from: fearlesscat10 on August 06, 2015, 12:14:55 AM

Quote from: ProfessionalGoogler on August 04, 2015, 07:57:23 PM

Nothing will happen because the price will have already adjusted long before the halving since people expect it to go up..

In other words, it probably won't move much upward or much downward, but stay at trends unaffected completely by halving.

Your forum rank doesn't give you much credibility. Isn't it just basic economics? Halving = less bitcoins. Less supply + consistent demand = rise in price.

Your forum rank doesn't give you much credibility either, but rank means little. It is just basic economics and basic math. Halving does not equal less bitcoins. The number of bitcoins will continue to increase after the halving. Greater supply and constant demand = drop in price. ... but it really isn't that simple either way.

coinableS

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Quote from: fearlesscat10 on August 06, 2015, 12:14:55 AM

Quote from: ProfessionalGoogler on August 04, 2015, 07:57:23 PM

Nothing will happen because the price will have already adjusted long before the halving since people expect it to go up..

In other words, it probably won't move much upward or much downward, but stay at trends unaffected completely by halving.

Your forum rank doesn't give you much credibility. Isn't it just basic economics? Halving = less bitcoins. Less supply + consistent demand = rise in price.

Forum rank != credibility BUT
I agree with you that supply and demand will lead to a higher price, but I don't expect to see anything crazy in 2016. Once we get closer to 20 million is when the fear of missing out will hit.

talkbitcoin

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All I know is that I know nothing.

i expect the price to go up, and it is possible to go past the $1200 mark again

fearlesscat10

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Quote from: ProfessionalGoogler on August 04, 2015, 07:57:23 PM

Nothing will happen because the price will have already adjusted long before the halving since people expect it to go up..

In other words, it probably won't move much upward or much downward, but stay at trends unaffected completely by halving.

Your forum rank doesn't give you much credibility. Isn't it just basic economics? Halving = less bitcoins. Less supply + consistent demand = rise in price.

ProfessionalGoogler

hero member

Activity: 532

Merit: 500

Nothing will happen because the price will have already adjusted long before the halving since people expect it to go up..

In other words, it probably won't move much upward or much downward, but stay at trends unaffected completely by halving.

futurebit640

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Hopefully by mid 2016 before the halving bitcoin will be far more in demand so it will push the price up due to scarcity rather than decrease due to lack of demand.

AtheistAKASaneBrain

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Quote from: ajareselde on August 02, 2015, 03:46:10 AM

I'm execting to see a build up of price months before the actual halving is going to take place, maybe even a hype in regards to price, and then
when the time of the halving actually comes, i think there's going to be steady dumping, followed by cascade of people cashing in, and in the end, most of
the people that think how the price will go up at the day of halving or so, will loose money. It's typical for bitcoin to make such moves.

cheers

The bubble may burst before or after the halving, but whats' clear is the price will be a lot higher than last ATH, and we'll have a lot of people jumping after the dumping thinking "this is the last chance" and will try to get the newly perceived as cheap BTC. Once we get all those people there a new floor is established, higher than ATH.

Odalv

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

richardsNY

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I firmly believe that most of the price action is going to happen a few months before the block halving. I expect the prices to come a bit down again once the halving has taken place. The peak of the halving has to come down to a reasonable price level at that time.

MGMT

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Quote from: Miracal on August 01, 2015, 01:48:42 PM

I strongly feel there will be a big bubble because of the halving hype, maybe bitcoin can also expect some media interest as bitcoin sale spike up, then the halving process will take its toll on the bitcoin price and then eventually the price will notice increase attracting even more people. That's when it matters, if things continue to go the way they are for bitcoin, then I expect btc to be less volatile too.

I also think this. I think whatever happens many people are going to think there's going to be a dramatic rise so they'll buy like crazy which will then have an effect on the price, but the bubble will burst again eventually. I'm looking forward to what happens though.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

I'm execting to see a build up of price months before the actual halving is going to take place, maybe even a hype in regards to price, and then
when the time of the halving actually comes, i think there's going to be steady dumping, followed by cascade of people cashing in, and in the end, most of
the people that think how the price will go up at the day of halving or so, will loose money. It's typical for bitcoin to make such moves.

cheers

odolvlobo

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Quote from: Amph on August 01, 2015, 03:04:44 PM

Quote from: ?? on ??

Quote from: srgkrgkj on August 01, 2015, 02:22:13 PM

I don't think we will experience a bubble after the halving as much as a natural rise as the supply of bitcoin will go down and simple economics mean the price per bitcoin will go up mate Cheesy

The supply of Bitcoin is constantly increasing, currently at a rate of 7 to 10% per year.
After the halving, bitcoin supply will not decrease -- only the rate of increase will drop to 4 to 5% per year.

which is a decrease if you think about it, a decrease in comparison to what it was before, this will have an impact if the price isn't already skyrocketed due to demand, in that case you will not be able to notice it

There is some confusion between "supply" meaning money supply, and "supply" w.r.t supply and demand. However, the halving does not decrease the "supply" in either of these cases -- it lowers the rate of increase.

The money supply is constantly increasing due to mining. When the halving occurs, the money supply will continue to increase but at a slower rate.

The increasing money supply tends to cause the supply curve to shift to the right over time, basically because there are more bitcoins to sell. Note that there are other factors that may have a greater effect on the supply than inflation (at least in the short term). After the halving, the increasing money supply will continue to cause the the supply curve to shift to the right over time, only more slowly.

Amph

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Quote from: ?? on ??

Quote from: srgkrgkj on August 01, 2015, 02:22:13 PM

Quote from: Miracal on August 01, 2015, 01:48:42 PM

I strongly feel there will be a big bubble because of the halving hype, maybe bitcoin can also expect some media interest as bitcoin sale spike up, then the halving process will take its toll on the bitcoin price and then eventually the price will notice increase attracting even more people. That's when it matters, if things continue to go the way they are for bitcoin, then I expect btc to be less volatile too.

I don't think we will experience a bubble after the halving as much as a natural rise as the supply of bitcoin will go down and simple economics mean the price per bitcoin will go up mate Cheesy

The supply of Bitcoin is constantly increasing, currently at a rate of 7 to 10% per year.
After the halving, bitcoin supply will not decrease -- only the rate of increase will drop to 4 to 5% per year.

which is a decrease if you think about it, a decrease in comparison to what it was before, this will have an impact if the price isn't already skyrocketed due to demand, in that case you will not be able to notice it

Derrike

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I expect that Bitcoin will be in a new bubble and I gain much profits from it.
But the price reaching around 500$ will probably not be a big deal.

srgkrgkj

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Quote from: Miracal on August 01, 2015, 01:48:42 PM

I strongly feel there will be a big bubble because of the halving hype, maybe bitcoin can also expect some media interest as bitcoin sale spike up, then the halving process will take its toll on the bitcoin price and then eventually the price will notice increase attracting even more people. That's when it matters, if things continue to go the way they are for bitcoin, then I expect btc to be less volatile too.

I don't think we will experience a bubble after the halving as much as a natural rise as the supply of bitcoin will go down and simple economics mean the price per bitcoin will go up mate Cheesy

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