It's very simple.
if miners can't make profit anymore with their asic miners, they will stop.
So stay profitable the price should either increase, but if it will not then we will see miners stopping and our precious decentralized coin too.
Topic: What will happen if there's no price rise for the halfing? - page 13. (Read 13571 times)
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...
A lot of market factors are already accounted for in the price. Just look at any earnings report. The big moves come from surprises.
I think the halfing will make cause some movement and hopefully bring some publicity, but it's very possible it's already being factored into the price.
I think the halfing will make cause some movement and hopefully bring some publicity, but it's very possible it's already being factored into the price.
If there is no price rise after halving, that is just because the price has risen too much before the halving.
which is the case already, miner do not need current value for 25 block reward, they will need it for 12.5 and still is a bit too much, if the diff do not increase too much
the problem with having margin on market price, is that the diff will catch it eventually, reducing it to zero, so when the halving will approach we will probably need another rincrease
If there is no price rise after halving, that is just because the price has risen too much before the halving.
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.
After mining reduced BTC price will go high according to market demand. This we can see in fiat currency market also. Currently people are mining 32000 Bitcoins So demand is not that much high. After January We can see more adaption in business also. So adaption with halving will make change price chart.
Nothing big will happen even if the price stays the same after halving since the price already took a big jump in the past few weeks.
If there is no price rise (which there won't be, I can guarantee you that, pm to make escrow bets).
So there are only two options;
People don't care and the price stays roughly the same
Dreams are scattered and people sell off causing yet another crash.
Of course the latter will happen as there are very high expectations throughout the whole community.
Don't forget that these extreme delusional expectations are already calculated into the current price!
So there are only two options;
People don't care and the price stays roughly the same
Dreams are scattered and people sell off causing yet another crash.
Of course the latter will happen as there are very high expectations throughout the whole community.
Don't forget that these extreme delusional expectations are already calculated into the current price!
During 1999 an equivalent to the block reward halving and the price not rising happened to the beanie babies:
The first signs of the crash came in 1999. One night, when the company announced which set of toys it would “retire,” hordes of Beanie Baby-loving eBay-watchers sat in front of their computers hitting refresh on the auction site, waiting for the attendant rise in prices that greeted previous toys’ retirements. When nothing happened, it triggered the equivalent of a market selloff.
There will be a significant rise in price after halving because cost of mining will increase and to cover these expenses it is necessary for mining to be profitable to secure and maintain the blockchain and bitcoin's network.
Cost of mining will stay the same. Big miners can still mine profitably due to their lower hardware, land cost and electrical cost. Smaller miners may shut off, causing a slight increase in block time intervals which will be adjusted in 2016 blocks.Yes there are many inter-linked events with respect to bitcoin price and halving. The cost of mining will lead to price raise of bitcoin based on the half of the block reward. So there are no chances for price of bitcoin to remain same even after halving.
There will be a significant rise in price after halving because cost of mining will increase and to cover these expenses it is necessary for mining to be profitable to secure and maintain the blockchain and bitcoin's network.
Cost of mining will stay the same. Big miners can still mine profitably due to their lower hardware, land cost and electrical cost. Smaller miners may shut off, causing a slight increase in block time intervals which will be adjusted in 2016 blocks.
Most bitcoin market says the price will decrease eventually in 2016 after halving. (including coindesk)
There won't be a price rise following the halving.
All known future events are embedded in the current price (Efficient Market Hypothesis).
The anticipated effect of reward halving is to some extent already baked in.
All known future events are embedded in the current price (Efficient Market Hypothesis).
The anticipated effect of reward halving is to some extent already baked in.
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.
firstly, the prices will rise it woudnlt make sense if they didnt. but in any case lets assume they stay the same. the fees would increase meaning the miners income wouldnt change that much. also if the value of bitcoin and the fee both increase, who knows maybe mining will be more profitable than what it is right now.
Ok if there wouldn't be any price rise, speaking the halving effect is zero, a few people might choose to sell their coins.Some minors might quit mining.But that would be pretty much it. Bitcoin will still be alive, there would be still an ecosystem that will try to grow and mature. I can not see any doom scenarios happen which a few might have in mind.
I don't see it happening that the price will not adjust.
There is too much at stake here.
Just remember if the big pools will take 100% over, would you still promote and use bitcoin?
There is too much at stake here.
Just remember if the big pools will take 100% over, would you still promote and use bitcoin?
seeing how big pools are only big because thousands of minner CHOOSE to mine at that pool; yes, yes i would.
I don't see it happening that the price will not adjust.
There is too much at stake here.
Just remember if the big pools will take 100% over, would you still promote and use bitcoin?
There is too much at stake here.
Just remember if the big pools will take 100% over, would you still promote and use bitcoin?
Nothing happen. If some miners will power off their miners the difficulty will be adjusted to keep transaction confirmation time as designed. This is a part of the Bitcoin and Blockchain.
We need to take care of 51% attack, if less miners will work. But in my opinion miners will keep to work just for less revenue unless they will earn some profit.
This questions are more and more often here as halving arrives.
We need to take care of 51% attack, if less miners will work. But in my opinion miners will keep to work just for less revenue unless they will earn some profit.
This questions are more and more often here as halving arrives.
Even if miners get 50% less income from mining, then they will still continue. It's all about the profits. As long as they make profits, they will continue to mine. Some miners will even let their hardware run at a loss because they want to help the network stay safe. I am only not sure how long they will continue to do so as it costs them money.
Maybe some miners will leave, and others will stay. Then the miners that left would see that the miners that are still mining are earning alot, then get back into mining. Then this cycle repeats every single halving.
Don't worry. The miners will make do. What is scary is the best halving. 6 BTC isn't much.
Well, you're probably right, but if it is no more price increases, may BTC can evolve from the previous ones, because many miners away because the price fluctuations BTC irregular Don't worry. The miners will make do. What is scary is the best halving. 6 BTC isn't much.
IMO the price might rise relatively to compensate the decrease, also there are miners fee in addition to the BTC itself.
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