people seem to think that the halving will reduce sell pressure from mining farms, even though theres evidence to suggest that a lot of these mining farms that are actual businesses that dont sell bitcoin (e.g. bitfury, 21inc) i think nothing will happen.
if you guys want the price to increase, stop trading bitcoin on shit websites.
Topic: What do you expect from the halving in 2016? - page 8. (Read 20573 times)
I figure we're probably going to see another bubble and bust before then and that the new reward level will contribute to having the price settle down at a higher level than it's at now.
That's right. The current constant Bitcoin price means that there is a new need of about 3000 BTC daily. if the daily BTC creation will be halved then the price must finally increase constantly.
Constant is a bad assumption. There is nothing constant about the supply or demand of bitcoins. In fact, until recently, the falling price means that demand has been falling relative to supply.
That's right. The current constant Bitcoin price means that there is a new need of about 3000 BTC daily. if the daily BTC creation will be halved then the price must finally increase constantly.
Bitcoins are not consumed, so the halving does not mean the supply is 50% less. It means the increase in the supply is 50% less. The supply continues to increase after the halving.
50% less supply won't automatically means price will double. it will go up, but the question is, how much. in bitcoin you never know what will happen, we've seen plenty of surprises already.
Bitcoins are not consumed, so the halving does not mean the supply is 50% less. It means the increase in the supply is 50% less. The supply continues to increase after the halving.
50% less supply won't automatically means price will double. it will go up, but the question is, how much. in bitcoin you never know what will happen, we've seen plenty of surprises already.
Bitcoins are not consumed, so the halving does not mean the supply is 50% less. It means the increase in the supply is 50% less. The supply continues to increase after the halving.
Miners that can afford it will stop selling their coins a couple months before the halving and wait for a price increase. This will effectively cause a lower supply before the halving.
The fact of permanently more scarce new bitcoins is a reason to pay more. That's the definition of lowered supply. I will accumulate as many as I can until then
If btc price doesn't goes up, we will have a hard time. Difficulty will drop, transaction cost will be higher.
But with the supply being the half and demand te same or higher, I expect a big big bubble.
But with the supply being the half and demand te same or higher, I expect a big big bubble.
I bet the mining industry will try to pump the price as good as they can. They will have trouble selling miners when the ROI halves.
I don't think the mining industry has any significant impact to the price.
Human greed will kick in including the fear of missing out.
Almost like a self fulfilling prophecy. Exciting times are ahead of us.
Depending on how far it goes up after the halving, I might actually get out of all the bitcoin I have right now, then just buy back IF it dumps back down.
I never buy fiat and go into bitcoin, I just earn it from programming or jobs on here.
So if the price rises to 1k or higher, with solid support, I will get out and put money into fiat. Then work my way back up trough jobs or signature campaigns.
Or by the time it halves, if bitcoin is mainstream, I will just keep it in and buy myself a nice computer or a new monitor.
If I understand correctly, halving will create a 2x higher demand, and therefore the price will rise.
It doesn't make sense for it to fall, because of LESS bitcoins being printed every day.
I never buy fiat and go into bitcoin, I just earn it from programming or jobs on here.
So if the price rises to 1k or higher, with solid support, I will get out and put money into fiat. Then work my way back up trough jobs or signature campaigns.
Or by the time it halves, if bitcoin is mainstream, I will just keep it in and buy myself a nice computer or a new monitor.
If I understand correctly, halving will create a 2x higher demand, and therefore the price will rise.
It doesn't make sense for it to fall, because of LESS bitcoins being printed every day.
50% less supply won't automatically means price will double. it will go up, but the question is, how much. in bitcoin you never know what will happen, we've seen plenty of surprises already.
I suspect for a bit for mining to be hard to do. It will take time to adjust to the new block reward.
Eventually hopefully value goes up to reflect this, what this value will be I have no idea. But I do not think this will be a overnight process. I think were talking about months.
Eventually hopefully value goes up to reflect this, what this value will be I have no idea. But I do not think this will be a overnight process. I think were talking about months.
months or even years! who knows what can happen anyway. it's too sensible to the problems from outside
Restricted supply, plus increase in demand should make the price appreciate.
If the demands stays the same and correlates with the decrease in the supply, I'd say there will be a price appreciation. But if the price didn't rise, then bitcoin has a lot of catching up to do.
That is true. How much is the question.
The supply of bitcoins will continue to increase after the halving, albeit at half the rate. There will be no decrease or restriction of supply.
what about the lost coins and the scammed coins.
The supply shouldnt always be in a increase, there was a # of how many are left. And after a certain amount you cant mine after 21 mil. or whatever hard coded #.
the supply will always increase until 2024, where its increase would be negligeable, and the next halving after that will be basically pointless, this next halving and the next two halving are the more significant, and are the best three halving that will have a big impact on the market
lost coins aren't the same as a scammed coin, the first will not impact greately the market the second will be dumped fast which mean more consolidation at that wall at which the dump will happen
I suspect for a bit for mining to be hard to do. It will take time to adjust to the new block reward.
Eventually hopefully value goes up to reflect this, what this value will be I have no idea. But I do not think this will be a overnight process. I think were talking about months.
Eventually hopefully value goes up to reflect this, what this value will be I have no idea. But I do not think this will be a overnight process. I think were talking about months.
Depending on how far it goes up after the halving, I might actually get out of all the bitcoin I have right now, then just buy back IF it dumps back down.
I never buy fiat and go into bitcoin, I just earn it from programming or jobs on here.
So if the price rises to 1k or higher, with solid support, I will get out and put money into fiat. Then work my way back up trough jobs or signature campaigns.
Or by the time it halves, if bitcoin is mainstream, I will just keep it in and buy myself a nice computer or a new monitor.
If I understand correctly, halving will create a 2x higher demand, and therefore the price will rise.
It doesn't make sense for it to fall, because of LESS bitcoins being printed every day.
I never buy fiat and go into bitcoin, I just earn it from programming or jobs on here.
So if the price rises to 1k or higher, with solid support, I will get out and put money into fiat. Then work my way back up trough jobs or signature campaigns.
Or by the time it halves, if bitcoin is mainstream, I will just keep it in and buy myself a nice computer or a new monitor.
If I understand correctly, halving will create a 2x higher demand, and therefore the price will rise.
It doesn't make sense for it to fall, because of LESS bitcoins being printed every day.
cold stash separate from trading stash
Depending on how far it goes up after the halving, I might actually get out of all the bitcoin I have right now, then just buy back IF it dumps back down.
I never buy fiat and go into bitcoin, I just earn it from programming or jobs on here.
So if the price rises to 1k or higher, with solid support, I will get out and put money into fiat. Then work my way back up trough jobs or signature campaigns.
Or by the time it halves, if bitcoin is mainstream, I will just keep it in and buy myself a nice computer or a new monitor.
If I understand correctly, halving will create a 2x higher demand, and therefore the price will rise.
It doesn't make sense for it to fall, because of LESS bitcoins being printed every day.
I never buy fiat and go into bitcoin, I just earn it from programming or jobs on here.
So if the price rises to 1k or higher, with solid support, I will get out and put money into fiat. Then work my way back up trough jobs or signature campaigns.
Or by the time it halves, if bitcoin is mainstream, I will just keep it in and buy myself a nice computer or a new monitor.
If I understand correctly, halving will create a 2x higher demand, and therefore the price will rise.
It doesn't make sense for it to fall, because of LESS bitcoins being printed every day.
I expect a price pump before it happens, followed by a dump, and after some time the stabilization of prices, until the new status quo arises(at least double prices or the start of the collapse of the network)
Well that's exactly what happened with the 2013 halving. Better buy in while bitcoin's still relatively "cheap."
The supply of bitcoins will continue to increase after the halving, albeit at half the rate. There will be no decrease or restriction of supply.
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agree so the halving is like adding a cup of hot water in a cold bath.
what also distorts any limited price movement is that in the lead up people will make their own assessments about the impact on price so by the time it happens they may have "over valued" it ie the price may actually fall a bit
finally if you look at 2015 to date the price has been roughly $250 +/- $50. ie about 20%+/_ so i think there is so much "swirl" (volatility) in price that you may not even be able to see a reaction to the halving when it happens.
best turn your energy and efforts to slowly buying and holding.
Restricted supply, plus increase in demand should make the price appreciate.
If the demands stays the same and correlates with the decrease in the supply, I'd say there will be a price appreciation. But if the price didn't rise, then bitcoin has a lot of catching up to do.
That is true. How much is the question.
The supply of bitcoins will continue to increase after the halving, albeit at half the rate. There will be no decrease or restriction of supply.
what about the lost coins and the scammed coins.
The supply shouldnt always be in a increase, there was a # of how many are left. And after a certain amount you cant mine after 21 mil. or whatever hard coded #.
I bet the mining industry will try to pump the price as good as they can. They will have trouble selling miners when the ROI halves.
At that point, the miners will most likely sell dirt cheap just to break even or make it up other ways.
I mean I`d jump all over it, once that happens but only to back up if I had mining contracts with some cloud mining co. like genesis.
I expect a price pump before it happens, followed by a dump, and after some time the stabilization of prices, until the new status quo arises(at least double prices or the start of the collapse of the network)
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