What do you think will happen to bitcoin's price after the halving in mid-2016?

zimmah

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Quote from: richardsNY on May 30, 2016, 06:41:49 PM

Quote from: r0ach on May 30, 2016, 05:29:46 PM

Quote from: richardsNY on May 30, 2016, 05:22:13 PM

Every bit of speculation and hype is due to the block halving, so it has a very high chance that the price will go down quite deep directly after the block halving as there is not much left to hold on to once the block halving is over.

This is wrong. The price didn't go up until after halving last time and that's when the economic forces begin to take effect. Only idiots believe the peak is on the day of the halving. People are just stocking up right now because the coins will be more expensive soon.

With last time I assume you are talking about the previous block halving? You can't compare how it was back then with how it will be now. The block halving effect on the price has started in 2015. Not just now.

The speculation effect has started in 2015, the actual halving effect will start to kick in Q3 2016 and will likely only become really noticeable from Q4 2016 onwards.

zimmah

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Quote from: r0ach on May 30, 2016, 04:52:04 PM

This is the correct answer imo

Herbert2020

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the price is going to go up obviously. the rise has already started although i think this is nothing comparable to the rise after the halving but it already shows the demand that exists in bitcoin market and this increasing demand plus the lower supply after the halving will lead to a much bigger rise.

bitcoin carpenter

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After? As in right after? Or as in september to christmas after?

richardsNY

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Quote from: r0ach on May 30, 2016, 05:29:46 PM

Quote from: richardsNY on May 30, 2016, 05:22:13 PM

Every bit of speculation and hype is due to the block halving, so it has a very high chance that the price will go down quite deep directly after the block halving as there is not much left to hold on to once the block halving is over.

This is wrong. The price didn't go up until after halving last time and that's when the economic forces begin to take effect. Only idiots believe the peak is on the day of the halving. People are just stocking up right now because the coins will be more expensive soon.

With last time I assume you are talking about the previous block halving? You can't compare how it was back then with how it will be now. The block halving effect on the price has started in 2015. Not just now.

Corenin

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I think we can expect the price of $700 in the mid of year and may be we can reach to $1k at the end of the year if we see higher price at halving.

r0ach

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Quote from: richardsNY on May 30, 2016, 05:22:13 PM

Every bit of speculation and hype is due to the block halving, so it has a very high chance that the price will go down quite deep directly after the block halving as there is not much left to hold on to once the block halving is over.

This is wrong. The price didn't go up until after halving last time and that's when the economic forces begin to take effect. Only idiots believe the peak is on the day of the halving. People are just stocking up right now because the coins will be more expensive soon.

richardsNY

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Every bit of speculation and hype is due to the block halving, so it has a very high chance that the price will go down quite deep directly after the block halving as there is not much left to hold on to once the block halving is over.

r0ach

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bitlancr

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Quote from: LadangGalau on May 30, 2016, 01:43:05 PM

My personal bet is that it will reach something around 800$. This is just a random number I've thrown away, don't search any logic behind it Cheesy

!

Yeah most of the guesses are just random numbers, mine too

. And yes I suppose a 600 usd value is both realistic and good when it comes down to my profit.

LadangGalau

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My personal bet is that it will reach something around 800$. This is just a random number I've thrown away, don't search any logic behind it Cheesy

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RoseMann

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During the halving, the price is around $550. After the halving, the price will rise slowly too about $1200.

thejaytiesto

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It will most likely go up. It has already started, we are 10 dollars up, this is the traction of the halving at work, it will continue going up slowly, then it will explode sometime in june or july, and it will correct again, but it will not correct as much as people expect, this is why its better to buy and hold long term, short shitcoins only, never short Bitcoin.

Raize

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Quote from: robelneo on May 26, 2016, 11:21:49 AM

All the experts predict that will increase it's price slowly but steady there was even a prediction that it could go up as high as $10000 which I hope it will happen but we still have to see that,time have changed since the last one so it's very interesting to see this one..

Slowly over ~three years in my estimation. Fourth year should peak above $10k, retrace back under, then bubble into madness by the end of the year. At that point early adopters should own the world along with folks posting now and we start having some serious discussions about what to replace our existing governments with since they are doing such a poor job presently.

Of course this comes with the big "IMHO". I can't predict the future.

tiffyroman

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From what I see, there will definitely be a price hike, then major dump, then a price drop, then slowly once again stabilize probably at around $500 more or less. I don't see just yet the price moving really high like others speculate, like maybe $800 or something. I don't think the value will hit that much.

wildan88

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In my view that after halving occurs most likely there will be a dump, and the price will not rise very high direct

crazyivan

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I think it ll go over $600 and after some time, it ll settle at this number. I dont think the hype can push the price much above this level. Still, this would be enough to keep farms profitable.

MingLee

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This is a speculation thread basically, but after the halving I think we might see something like $600, but that might be a bit too optimistic if the miners have been making a lot of money from the current price already.

I think that it will have an optimistic outlook, and it'll be a good year for Bitcoin, but we'll just have to wait and see what happens.

robelneo

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All the experts predict that will increase it's price slowly but steady there was even a prediction that it could go up as high as $10000 which I hope it will happen but we still have to see that,time have changed since the last one so it's very interesting to see this one..

Jemzx00

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Quote from: ShanghaiTimes on May 26, 2016, 09:50:02 AM

Simple question.

What do you think will happen to bitcoin's price after the halving in mid-2016?

Well since I haven't experience halving event before ans based on what happened on the last halving, I would say that bitcoin's price will/might increase. Simply by the decrease of mining rate so is the price increase based on economics system.

Topic: What do you think will happen to bitcoin's price after the halving in mid-2016? (Read 1170 times)