Topic: What will happen if there's no price rise for the halfing? - page 12. (Read 13571 times)
legendary
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once miners stop mining lthe difficulty drops and its profitable to mine again for others
The price increase of the last few days has gotten my hopes up. I do feel we can easily go bak to 300 USD aswell, but for now i anticipate a price increase.
With the current price it's also safe for miners to keep profitting from their mining operation.
So I guess it went all 'good'
With the current price it's also safe for miners to keep profitting from their mining operation.
So I guess it went all 'good'
Haven't they look at this possibility already and planned their exit like selling their stuff and mine at home instead or probably set up solar large panels to free themselves from electricity costs?
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.
yes if there is no price rise after halving then it will be a big disappointment for sure but $400 is a good price honestly I will stick to it but unexperienced people will sell their Bitcoin for sure if there is no price rise after halving and that would be a good time to buy some BTC for cheap price,
Bat bat bat they always say it is good cheap price ro buy when down bat bitcoin not rice...?
Haven't they look at this possibility already and planned their exit like selling their stuff and mine at home instead or probably set up solar large panels to free themselves from electricity costs?
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.
yes if there is no price rise after halving then it will be a big disappointment for sure but $400 is a good price honestly I will stick to it but unexperienced people will sell their Bitcoin for sure if there is no price rise after halving and that would be a good time to buy some BTC for cheap price,
The price will rise anyway. If it's not done by legit growth, then Chinese exchanges will manipulate the price just like MtGox did. The only question when the Chinese exchanges do manipulate the price, how sustainable would it be?? Will we see a huge drop after reaching a new ATH?
That's what they're doing now.
The price will rise anyway. If it's not done by legit growth, then Chinese exchanges will manipulate the price just like MtGox did. The only question when the Chinese exchanges do manipulate the price, how sustainable would it be?? Will we see a huge drop after reaching a new ATH?
Haven't they look at this possibility already and planned their exit like selling their stuff and mine at home instead or probably set up solar large panels to free themselves from electricity costs?
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.
If there is no price rise, most S3 miners will shutdown due to the profitable if the electricity price is high.
IMO , No price rise = Miners will not profit = Growth of bitcoin paused.
What will happen if there's no price rise for the halfing?
The. Sauron will get the ring.
without a price rise it won't be profitable to mine anymore.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.
Miners will just have to look at their variable costs - i.e. electricity.
There may not be new miners coming into the market.
If the price is sufficient to cover electricity costs, the existing miners will continue mining.
If there's no price rise for the halving there still be profit for the miners.
If there is no profit they would stop or only could contribute to the network which it isn't.
Maybe the price will not increase immediately but after a week or month the changes will be seen.
If there is no profit they would stop or only could contribute to the network which it isn't.
Maybe the price will not increase immediately but after a week or month the changes will be seen.
Due to halving mining is already gonna reduce from 32000 to 16000. This itself cause price rise for sure.
It will take reflection very fast but It will affect bitcoin price on June I think and most probably price will less in the starting of 2016.
If we check the last halving period then we can see that the price didn't change a lot.
But the halving affected after a certain of time, maybe a little late but it happened.
This time bitcoin is more popular, there are more miners and more difficulty let's see what will happen this year.
without a price rise it won't be profitable to mine anymore.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.
This would be very bad mate.
Having so less pools controlling the network is like asking for problems.
Let's hope the price remains profitable for miners.
without a price rise it won't be profitable to mine anymore.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.
If there is no price rise after halving, that is just because the price has risen too much before the halving.
No, the price isn't too much, I don't think so...
BTC is so undervalued, or I would say devalued at the current moment...
IMHO, BTC should be ~$700 based on the halving that will take place next year for the miners to be able to profit...
Where does this number come from?
If the price is around 550 USD i am sure most miners will be able to continue their mining business?
Halving will affect the price maybe not much at that time but after few days or weeks we should see the difference.
If there is no price rise after halving, that is just because the price has risen too much before the halving.
No, the price isn't too much, I don't think so...
BTC is so undervalued, or I would say devalued at the current moment...
IMHO, BTC should be ~$700 based on the halving that will take place next year for the miners to be able to profit...
Where does this number come from?
If the price is around 550 USD i am sure most miners will be able to continue their mining business?
If the price doesnt rise then the miners stop mining because of lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.
dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.
This.
Some of the Chinese mines don't 'pay' for electricity. They share BTC rewards with hydro electricity plants based in remote mountain locations, and who would otherwise have no customers.
this is not exactly a good thing, because it's mean that they cna mine even when bitcoin is 1$, which mean that the value does not need to grow for them, but this is mandatory for bitcoin if you want a doption
it's not about the profit for the miners, it's about the global acceptance of bitcoin, if anyone here thingk that bitcoin can enter that stage with its current ridiculous price, he must be very dense
If the price doesnt rise then the miners stop mining because of lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.
dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.
This.
Some of the Chinese mines don't 'pay' for electricity. They share BTC rewards with hydro electricity plants based in remote mountain locations, and who would otherwise have no customers.
I've read in a few places that large scale miners are profitable at $150. If we halve at this price then they're still making money.
you don't need to read just do the math, consumption vs earning = net profit, maintanance is the consumption itself, so no need to add anything
and bears in mind that those farm already "roi'd" on their asic
I've read in a few places that large scale miners are profitable at $150. If we halve at this price then they're still making money.
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