What if price of bitcoin dont increase after halving too. - page 3.

ashkanb

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Quote from: Snorek on July 11, 2016, 08:26:27 AM

Quote from: rphk on July 11, 2016, 12:52:35 AM

Currently it is stable , need not worry for bitcoin price not increasing after halving , we may need to wait for week or month , once more demand is there bitcoin price starts increasing

It's stable because it has to be, lower price might create loss for miners. I don't have exact stats showing how much BTC needs to be worth to sustain and give profits to miners.
It is not constant and varies slightly because of random facts like electricity cost etc. But someone surly created detailed 'ideal world mining' charts of Profitability vs. BTC Price.

for example the bitmain s9 (until the next diff inc.) generates ~0.01523574 BTC (~$9.9 at $650/btc) worth of revenue & consumes 32.76kw/day;
so if you pay sth like ¢10 a kwh, each day you'll make $9.9 & pay $3.278 in elec. bills. (again; this will change, mostly decrease, with every diff. change.)
that is for the s9 which is the latest tech & costs $2049 (without psu & shipping!!!)

i wonder why didn't the hashrate drop even more; of course many miners have dirt cheap elec. still i was expecting more of a drop in hashrate!
the next diff seems to be increasing as well! Roll Eyes

btc demand is growing for sure but btc has to grow with the demand to accommodate more users;
right now what btc needs most is a resolve to it's scaling problems!
specially since the halving is well past & done, btc's at a point where it either starts growing or starts losing its edge being bottlenecked all the time!

Snorek

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Quote from: rphk on July 11, 2016, 12:52:35 AM

Currently it is stable , need not worry for bitcoin price not increasing after halving , we may need to wait for week or month , once more demand is there bitcoin price starts increasing

It's stable because it has to be, lower price might create loss for miners. I don't have exact stats showing how much BTC needs to be worth to sustain and give profits to miners.
It is not constant and varies slightly because of random facts like electricity cost etc. But someone surly created detailed 'ideal world mining' charts of Profitability vs. BTC Price.

sulendra12

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It depends from buy/sell market , members still holding their bitcoin so the price look like stable for now.
Because the hype for halving , anyone still "believe" halving will be affected on bitcoin price (but it's more than just speculation)

AioFox

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Quote from: rphk on July 11, 2016, 12:52:35 AM

Currently it is stable , need not worry for bitcoin price not increasing after halving , we may need to wait for week or month , once more demand is there bitcoin price starts increasing

Yes i agree, as long as there is something to be mined and the demand grows, we can expect the bitcoin to rise quite exceptionally. How did it work out in 2014 though; when the value of a bitcoin was above $1000. That would be really nice if it happend again this year.

JeffBrad12

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Quote from: safari88 on July 11, 2016, 03:17:26 AM

and yeah finally halving not carry a price increase, even beyond my prediction. bitcoin prices really stable and no significant change after halving occurs. may indeed effect will not be felt immediately. so I hope the next few months there was a surprise from halving effect

A lot of people feels shocked about that. in my opinions, they don't understand about halving. and keep in their minds if halving is always had relationships with the price change.only increase and decrease. they forget about the effect of halving is long term.

safari88

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and yeah finally halving not carry a price increase, even beyond my prediction. bitcoin prices really stable and no significant change after halving occurs. may indeed effect will not be felt immediately. so I hope the next few months there was a surprise from halving effect

diodio5

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Quote from: crazyivan on July 10, 2016, 03:17:51 PM

As long as the price does not go down significantly, I have no problem with $650 per BTC. For now.

I think not a problem to you does not mean it's not a problem for others poeple it was problematic for me because I'm also pursuing profit.
I buy bitcoin at relatively high prices. if the price does not go up of course it would make me dizzy because I had to return of capital and should profit

bamboylee

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Quote from: leonix007 on July 11, 2016, 02:30:06 AM

Quote from: iqlimasyadiqa on July 11, 2016, 01:06:52 AM

Quote from: rphk on July 11, 2016, 12:52:35 AM

Currently it is stable , need not worry for bitcoin price not increasing after halving , we may need to wait for week or month , once more demand is there bitcoin price starts increasing

I think too slow to increase. bitcoin should be increased quickly after halving occurs.
but I remain grateful that bitcoin is not decreasing in price very much.

yes it is indeed stable, the miners still not losing hope, or rather they had still much tolerance and prepared for the halving, other folks disappointed on the speculations have been read for the halving about. but if you will look at the trend, the price isn't that low and we must be grateful about it.

The price is actually high. It rose to 650 from 450 in just a few months. It already rose even before the halving so I think the miners will still have a comfortable profit even when the reward was cut into half. If bitcoin is still stable after a few months, the price will still go higher.

leonix007

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Quote from: iqlimasyadiqa on July 11, 2016, 01:06:52 AM

Quote from: rphk on July 11, 2016, 12:52:35 AM

Currently it is stable , need not worry for bitcoin price not increasing after halving , we may need to wait for week or month , once more demand is there bitcoin price starts increasing

I think too slow to increase. bitcoin should be increased quickly after halving occurs.
but I remain grateful that bitcoin is not decreasing in price very much.

yes it is indeed stable, the miners still not losing hope, or rather they had still much tolerance and prepared for the halving, other folks disappointed on the speculations have been read for the halving about. but if you will look at the trend, the price isn't that low and we must be grateful about it.

iqlimasyadiqa

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Quote from: rphk on July 11, 2016, 12:52:35 AM

Currently it is stable , need not worry for bitcoin price not increasing after halving , we may need to wait for week or month , once more demand is there bitcoin price starts increasing

I think too slow to increase. bitcoin should be increased quickly after halving occurs.
but I remain grateful that bitcoin is not decreasing in price very much.

romero121

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Even on halving users haven't felt a big increase. Once from the price around $800, we are now around $650 for a long time. This describes that the price is getting stabilized, so only minor fluctuations can be felt over the coming days than steep rises.

23dzmaz

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The price of bitcoin is not increase after the halving if the bitcoin's price is stable for the next 5 days, i will sell all my bitcoins, because i want play safe.

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Quote from: heroson on July 09, 2016, 06:51:14 AM

once it came to my mind if it really affects people.

It did increase before the halving though. I guess bitcoin is too advanced even in its price. It rise its price itself and cannot wait for a halving to come. Anyway, it affects miners though for rewards will be low but the price is the same. I am thinking they would want something better and protest for that. Grin

rphk

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Currently it is stable , need not worry for bitcoin price not increasing after halving , we may need to wait for week or month , once more demand is there bitcoin price starts increasing

isen

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I am satisfied with the price at 650$ but it will increase anyway just don't expect it to happen so quick after the halving,a few weeks are needed to see the halving results be patient

Herbert2020

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nothing bad is going to happen it would be another day in bitcoin market and another wave of speculations. and as long as price stays here and don't go down people are also happy about it.

owm123

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Quote from: Superways on July 09, 2016, 07:00:21 AM

After halving the price of bitcoin will increase , as at that time it is sure that the supply will be decreased and people will continue to work with bitcoin the same as it is, and if the price did not increased then it will mean that now the stability will happen, and that will also be very better as with that it will become an established currency sooner.

Nope, its not for sure. Its only speculation and ideal scenario. Reality can be quite different.

Searing

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What if price of bitcoin dont increase after halving too.

Well I look at it this way ...slow growth also works ...esp when compared to ..say stock market.....it still kills at below

2013 0ct 150 usd btc

2014 After the bubble from 1100 usd....looking at what about 300 usd btc?

2015 400 btc briefly

2016 650 btc

So if the 2013 bubble had NEVER HAPPENED and it had just done the above....BTC would be considered all a greater success imho..but with GOX and he bubble bursting
and other scandals and FUD the above slow climb ...esp by the press ..gets lost in the noise

anyway how I see it....plodding along also works ...if the above trend is correct on my part.....ie slow works...bubbles cause more long term harm again imho

klf

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Quote from: enhu on July 10, 2016, 10:59:33 PM

Quote from: JeffBrad12 on July 10, 2016, 10:52:33 PM

Quote from: btccashacc on July 10, 2016, 04:21:59 PM

well never mind, if the price dosen't increase, i personally fell better if the price is stable than just rise and after that going down, though it makes us earned profit, i'm just not safe if the price too high coz people will sell their coin, sooner or later,
well all we have to do just waiting and prepare our self for the movement.

I feel too, feel better if the price is stable. but all of this is relies on the people intentions and his jobs. because that can make people having different opinions.

I still think the price will rise alter. It may not happen over night but gradually like $0.50 - $5 a day. Hopefully it'll head to where the rest of us expect the price will be which I think is about $700-800. The rest of the days this year are going to be much better.

No, Actually I am observing from last 3 weeks, I have not seen any much increment in Bitcoin price. Daily There are only 10 to 20$ Dollar fluctuates is there. But the price will we stable near 640 to 650$. So I think there is a possibility are there to increase up to 800$ let's see what happen.

lightyard12

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The price of BTC staying the same probably wouldn't matter to the regular BTC user. But, it may matter to miners who mine BTC.

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