What is your thought about halving? - page 2.

Dr.Osh

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

this is the correct theory. it's just that it all depends on the situation. I think before halving, this will happen, that there is so much demand for bitcoin, and at least a cheap price. it will make the price of bitcoin rise.
This is a common thing, especially if the wall is not so big. however, a large demand will make prices go higher.

sehoon

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Halving can happen but as we can see in the past 2 years, it is not happening for some reason. Relying on halving looks like more of a gamble and anyone can benefit from it. The market is just too hard to predict and it's all on the hands of the owner.

Lambowei

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I wonder if it's all psychological. At the individual miner level, increasing difficulty or decreasing the total minted tokens per block has a very similar result for miners. And we've seen the difficulty rise over and over, and still there are miners.

I'd say it's a market timing issue. Fiat economy seems fine at the moment, even though we know there are many zombies lying around (including the Deutsche Bank). If things get worse in the fiat world, an event like the bitcoin halving could signal the time for investors to take refuge in crypto. But yet again, the world fiat economy could enter into a limbo like the one Japan is in and maybe bitcoin could stay in the current limbo as well as an effect. And it seems a plausible scenario as most central banks are basically following the book written by the Japanese central bank.

Swordsoffreedom

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Quote from: liuqi on December 27, 2019, 02:25:13 PM

2011 most of the people doesn't know what is halving and what this effect brings to the the crypto market space and that too exclusive for Bitcoin. Now now due to the popularity of Bitcoin we all know how this affect performs and place in the price chart.
Everyone looks for the magic what we seen after the the 2016 halving.
Let's pray for everything goes green.

Also in 2011 people knew about halving, especially people who were mining bitcoin because they knew that their mining reward will decrease at some point. Only difference is that now so many more people own bitcoins and trade them.

Distinctin

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I believe that after the 2 years in the downtrend motions we can also experience bullish again. May some say not sure, of course, we don't have but we can't also be hopeless knowing that the previous halving is having a huge impact on the market and I, therefore, say that it will happen the same.

Ridwan Fauzi

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

Yes it will, that is the basic theory to understand about halving event.

As an amplifier, when you look at the privous halving event the price of bitcoin was always went up drastically, you can see it by yourself.

So those things are make sense when you put a high hope for this event and there is no wronb when you spend a lot of money to buy bitcoin from now.

ChronoLite

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it will go up 100%. look at the graph when halving on 2016, the price was pumped by 2x of the initial price and we hope that same thing will happen in 2020 as bitcoin halving is on the way. but still, the price is not predictable so just prepare for the worst case possible.

liuqi

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2011 most of the people doesn't know what is halving and what this effect brings to the the crypto market space and that too exclusive for Bitcoin. Now now due to the popularity of Bitcoin we all know how this affect performs and place in the price chart.
Everyone looks for the magic what we seen after the the 2016 halving.
Let's pray for everything goes green.

owengtam09

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

This can possibly happen, but there is no guarantee, so we need to wait for it for results. Prices possibly rise and it can dump as well. Just what happens when bitcoin cash appears. We can also try, for those who really wanted to gain profit but just make sure that invest what you can afford to lose because there is no guarantee when halving.

Aikidoka

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Quote from: efpd777 on December 26, 2019, 11:39:01 PM

What you say is true, what happens with Bitcoin is that the offer is already defined and cannot be cut, because obviously people will not be willing to get rid of their cryptocurrencies, in any case, the demand may increase, but This is a fairly complex and unpredictable market, however, growth expectations remain, I believe that by 2020 it will reach record highs.

I think the demands of bitcoin will become higher in that time and bitcoin's price will increase slightly and slowly to the 20k$ again if it's not more. I don't know if something else will happen till that time and make that worse, that's just only my expectation of what bitcoin price will be at that time.

Eclipse26

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The theory make sense because that's how economics work. But with bitcoin. It's still very unsure since in the first place there's no assurance that we can predict it's future value. I also hope that with halving, it'll increase even a bit. But just like others, I don't expect bigger movement. Also, we should not forget about the other factors affecting bitcoin's price. It's not only about halving.

pragna

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

OK, but if it goes to Bitcoin then who will control the supply of BTC. Day by day it increasing and Demand also increasing. So let's see what happening in next days Wink

inanilujimi

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Actually this can affect the price but I personally do not expect too much, because bitcoin can never be predicted by anything.
More and more people are saying it will go up but usually the market does the opposite.

ashmodeus

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Quote from: Cimmy_revenger on December 27, 2019, 08:10:01 AM

Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

supply remains the same, does not increase, supply is cut only for miners.
Your logic is correct but the conditions in the market are very different from what you say.

"supply cut only for miners" that true , but the fact , if supply is cut , its mean bitcoin added to circulating supply is also getting cut.
did u think all of miners in the world never sell their btc , and keep it for long time ?
theoricaly , bitcoin added to circulating supply is got cutting half, even if demand is low the price should be incrased , since the cost of electrity is totally huge, or miners will shut down their operation and hashrate getting low, of course , when hashrate low, price also going low(i am sure it will be happened to miners except from china)
so far i know , For many years, China has consistently been a major market for bitcoin miners due to its cheap electricity and affordable resources.
in this cases , i just have speculation , china will take more control after halving.

Cimmy_revenger

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

supply remains the same, does not increase, supply is cut only for miners.
Your logic is correct but the conditions in the market are very different from what you say.

bitcoindusts

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

You already stated it, definitely it will go up from the law of supply and demand and Bitcoin history shows how the price rallies before and after the halving. Aside from that, halving also gives hype to the market creating a mood of demand and sometime FOMO to the community.

efpd777

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What you say is true, what happens with Bitcoin is that the offer is already defined and cannot be cut, because obviously people will not be willing to get rid of their cryptocurrencies, in any case, the demand may increase, but This is a fairly complex and unpredictable market, however, growth expectations remain, I believe that by 2020 it will reach record highs.

peter0425

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

i don't really want to frustrate myself in expecting huge prices but i cant help looking for at least double my holdings.

so for me?my thoughts are the market will rise but not totally in halving time maybe it will took whole year before we feel the effect of Bitcoin halving in May.

Clark05

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Halving have possible different support such as decreasing again the value or it will rise it or is either it will still remain or no effect. What ever the effects of upcoming halving we don't know yet because it's not happen we need to wait but for sure the result that we want to see is good and that is going up the bitcoin but there is no sure that is going to happen but we hope.

Fundamentals Of

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Quote from: Deubberr on December 25, 2019, 06:29:26 AM

In theory, when supply is cut and demand remains, prices will rise. But what is your thought? Do you guys think it will go up

Yes, I agree with this theory. This is very basic. If the demand is there, even if not rising for as long as it remains there, and the supply is not rising, then the price will rise. If the supply is constant, there will come a time that there will be shortage, and this is a reason for the demand to create much value to it. We can apply this theory to halving. However, we are talking about mining. If the reward is not attractive and fail to cover the cost, there is a problem. So the value has to rise or else it will discourage miners.

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