Bitcoin Forum

http://uk.mobile.reuters.com/article/idUKKBN0U60GQ20151223?irpc=932

Do we really need a 10 page news article to tell us what we've known for 6 years about halving?

US, personally, no.... The rest of the world, probably yes!
You think some new  people won't buy after reading that??

i thought i was worth reading so I visit but wtf?

I had it in my mind Reuters is one of the popular network even today but hell with their pop ads? I have to close the tab for the ad covers the article and clicking (x) doesn't help.
was it just on my computer, how about on your end?   I switch to desktop reuters.com/article/idUKKBN0U60GQ20151223

I have adblocker installed on my phone and laptop, I've not seen an ad for years..... And that's exactly the way I like it.... :)

Up up and away, grab your moon boots everyone!  ;D

Do we really need your snotty know-it-all condescending posts cluttering up so many threads?

The halving mania is coming.

Dont get shaken out by all the useless fearmongering threads, non of which have anything constructive to say or evidence for their bearish predictions.

This is why I don't read online news anymore.  Not worth reading anyway and the pages are bloated and intrusive.  Now as to the halvening, this is old news and I don't think it's going to cause a buying spree or spike the price.  Anyone who knows about bitcoin knows about this, and it means little to those just learning.  Yeah, not a big deal.  The price would have reacted already to this "news".

Every halving will be a radically different beast as four years is a lifetime in cryptoland. I wonder whether there was one single media mention of the 2012 happening. There's no real way of predicting what'll happen this time around. Either way it'll be intriguing to sit back and watch.

I don't remember the 2012 halvening being anything spectacular. In fact, it was pretty much a non-event other than the announcement of the guy who solved block 210000 with a radeon graphics card or something, Laughingbear I think his name was. And the guy won some kind of prize or bounty iirc or maybe just the fame of being known as the one who solved it idk. But yeah, other than that, it was business as usual as the halvening had already been priced in.

Are you kidding? The price ran up to new all time highs last time there was a halving! Or is my memory wrong  ???

what is the next price target for Bitcoin, in the longish run? 1000 is more than real, the question is what comes next
the bubble can take price to 2000+ levels.

Was that not down to other factors like the introduction of ASICs? And I thought a decent rise happened a while afterwards. Could be wrong. I wasn't really around at that point.

That didn't occur until a couple of months after the actual halving. I remember everyon (including myself) getting all geeked up in the months and weeks and days prior to that first halvening and when it came, well nothing much. I'm sure the subsequent rise months later did in fact have everything to do with the halvening, but in the days/weeks around the actual halving... That's how I remember it at least.

yeah it's true, what people tend to forget, is that it did not happen in the same day of the halving, but in that case of 2012 it happened later, this time it will certainly happen before

because we have already faced the heavy down trend from 2014, in 2012, was different

Well it's going to impact greatly on the price... Was dumb enough today to purchase some genesis-mining cloud contracts(lifetime too).

Oh well... I hope the price can double in accordance then ;)

I hate to think what will happen to bitcoin if the halfing doesnt go as expected with a nice price rise. Theres gonna be a lot of disappointed people and potentially an end to crytocurrency. hopefully we get a new ATH.

If everyone is expecting a rise a few things can happen.

A big buy before the halvening and a big dump afterwards (get rich quick people and whales profitting).
A big buy before the halvening and a frenzy afterwards (people going all gung-ho gamble Choo-Choo new ATH at 10k and a drop to $100 :P).
A steady rise towards the halvening (might be whats happening now) followed by a stabilization or a slight drop back to the real value.
You just don't know until it happens and then it seemed obvious.

The only thing that is certain is that the in-flow of new coins will go down. As long as more people want bitcoins we're golden.

People are always disappointed if they don't get rich quick :P
If getting rich quick was the sole purpose of cryptocurrency it will end but cryptocurrency is more than a get-rich-quick scheme that is already proven. So no matter what happens Bitcoin is not dead.

You know what kind of people are getting disappointed? People who don't know anything about investing, and thus have sky high (unrealistic) expectations. These people will get disappointed.

I personally think we might reach a price of +$1000 again, but I also have to say that I keep in mind that the price may also NOT go up that high. If it doesn't happen, then no problem. It is what it is. We can't do anything beside waiting patiently.

Its inevitable the price will go through the roof due to scarcity never mind increased adoption....
Plz don't change your username before I can laugh at you when it breaks $1000 and keeps on going... :)

I am holding my balls anyway even before reading this article but this is nice to see some good in favor of halving.This time halving will have positive and important impact on price which I believe for sure.

There's no bitcoin scarcity. There are MILLIONS of them being dumped EVERYDAY.  There's no mass adoption either. Nobody else around the world gives a sh$t about bitcoins. Only a chosen few here on the forum are constantly beating drums about $350K, $500K, or even $1million bitcoins.

The recent rise in price is due to the whales and manipulators drumming up the price in Anticipation of the Halving in July 2016. It's already being priced in. We might go up to $500-600, but that will be the upper range. If you are expecting $1000+, you will be sorely disappointed.

You laugh at me? I am holding since 2013. I kept buying from sub $100 till sub $250. I am the one who will be laughing hard when it is reaching $1000 again ;)

I am also waiting for halving of blocks which will strengthen the price and there will be minimum stable floor at around 400 $ as bottom after calculating the mining expanses so enjoy these current prices.

I don't expect dramatic increase in price after halving and I think overall price will be between 500-600 $ for next few months.Although there are lot of reports which tells new all time high but this is what is my thinking about the realistic price.

The article is definitely geared to non Bitcoin holders I guess, 99% of this forum, except maybe some lurkers or newbies already have some basic knowledge about the halvening in particular. Either way, I have a more let's wait and see approach, I'm not sure if it will be such a clear situation.

i have no problems with the price going up around $100 per month till the actual block halving day. it would mean we will see a new ath and a lot world wide news coverage.

$550 january 25
$650 february 25
$750 march 25
$850 april 25
$950 may 25
$1050 june 25
$1150 july 25  :o

Glad to hear someone with common sense in this forum for a change. While I may be a little more optimistic on the future of Bitcoin long term it's astonishing to read how many here think Bitcoin is so amazing that they can't figure out why their friends or family can't understand it or don't want to be onboard nor use it. Well that's all you need to know about that, they just don't need it. It's hard, complicated, a hassle to buy and sell (mostly on the rest of the world, I understand it's easier in the US and Europe). It requires you to be tech savvy, to use decimals and convert it in your mind to your local currenty or dollars, to remember authorization keys. If you send money by error there are no refunds, you can actually lose millions of dollars if you make a simple mistake like forgetting a password, etc. However, the technology itself is as unique and innovative as the Internet was when it was created, so to me it's foolish to not be part of something like this even if there's a good chance that at the end it'll be replaced by something better or improved.

To invest a huge amount of your savings to me it's not really wise though, but I think it's worth the risk to invest a small share of it and see what happens.

 You don't know the meaning of common sense or scarcity if you believe this.
Of course there is bitcoin scarcity!  The trade-off is currently ~$450 USD per bitcoin.

I think that Bobby Lee's quote from that article is the best; to paraphrase: bitcoin is a new global asset class that is currently valued at $1/Earth inhabitant.

To me, it is not inconceivable that everyone will want to have at least $10-100 of bitcoin CONSTANTLY on their phone (not even talking about investments, replacement of gold, etc), hence at least $4500-45000 value per BTC (eventually).

That's a very realistic valuation for the oncoming 10 years.
I believe that Bitcoin could potentially replace cash in all countries as an internationally accepted autonomous medium.

Millions being dumped is also millions being bought by stronger hands.

Well said. For every sell order that is being executed, there is also a buy order that is getting filled. This is something that most people don't think about when there is a dump happening. They simply think there is no demand and no one is willing to buy, while in fact that isn't true. People are happy to buy, especially after a dump. ;)

What will this halving bring ?
It will favour the buyer or seller ? Guesses ?

Please, if I understand you correctly, you think there is or will be scarcity, and for that to happen, there should be an actual need or use for Bitcoin, there's not, so we'll see a time when Bitcoin either breaks through the mainstream somehow (maybe not massively adopted but it could start getting used by big companies and stores) or dies. It has no real value and it's virtual, gold has no inherent value but it's physical in that sense, if there's trouble or crisis, gold is always accepted so it's different. Plus it is needed in computers and other devices. Bitcoin has no actual value right now unless it creates one for itself and proves its worth. That's what it will come to.

 Your personal perceptions on the "actual need or use for Bitcoin" are not relevant to its scarcity; nothing else needs to happen.  You are misinformed.  

we, old time bitcoin users, of course we know all this, we had halvings before too,

but new users, probably heard of halving just now, so this will be really helpful for them

and  personally i think that halving will be awesome thing this year, price should rise really high so we will be happy

Of course we don't need it, we know halving very well now, but new bitcoin users don't so this will really help them

And i hope that halving will rise price by 200$ atleast,  others hopes for larger price rise but 200$ is pretty realistic

A 200$ price added when the halving come is quite reasonable for us and miners who farm them it will help them cut the cost they are getting from mining.

Yeah I think the world needs to know more bitcoin and the block halving and a 10 page article doesn't look too big.

If price goes up, The answer is to sellers obviously. So Buyers need to buy before of halving.

If price goes up it will show confidence in bitcoin and possibly take us to a stable new high. This in turn would hopefully bring more buyers. Im sure a lot of people are wanting to get out near 1k but to each their own. i will be holding till the bitter end.

You, so called a hero member, do NOT know the meaning of scarcity, most likey because you lack the common sense. How can there be a bitcoin scarcity when millions of bitcoins are being sold and bought everyday? I can go to coinbase and buy 100 bitcoins instantly, where's the scarcity? Please tell me. This so called bitcoin scarcity is bullsh*t non-sense hyped by these called hero members of the forum to drum up the buying of the bitcoins by unsuspecting innocent newbies. Don't get suckered in by these charlatans. They have mined/bought/traded for  cheap bitcoins in the days when a bitcoin went for $2 or even less, having amassed them, these vampires need new bag holders every day to buy their inflated coins. The whole Ponzi scheme is ripe to collapse any day. Noobs, you've been warned to stay away!!!

Fasten your seatbelts, we're up for a turbulent ride
;D ;D ;D

So... we get strapped into seats while Blockstream devs repeatedly and viciously kick us in the balls and squander the only chance at a halving rally before 2019... just for a very slight chance of making notorious scammer Austin D. Hill rich?

Gluttons for punishment these Bitcoiners. And gullible too, sold the premise that it's all for their precious decentralization. The kind of decentralization that can all fit in a small Hong Kong conference room reserved by chairman samson mao.

If everyone is holding on to tokens that they hope to dump at a higher price during/after the halving... who is going to be the sucker buying them? Any takers?

We it may be well be pure a hype instead of the price reaching ultimate highs. For me the halving alone is no reason to buy more bitcoin.
Potential crisis in the financial markets are the main reason why i expect the price to rise.

Everyone is enjoying the ride to halving and surely many of us cant wait to see what will happen to the price for im positive that it will double the current prize.

Due to a production freeze in Feb, Oil spiked 45% from 27 USD to now 39 USD.

Bitcoin production being cut in July...

You do the math.  

http://i52.photobucket.com/albums/g13/tanuki-kage/Emoticons/rocket-fate.gif

It's already priced in.

Actually I think there's a possibility of price decreasing due to frustration of it not increasing.

It will be like this, after the the halvening there will be a big sell of due to frustration and after all weak heands left ... BOOM

Yes and no.

The price right now is not controlled by a free market. It is controlled by whales. It is being compressed down as much as possible for accumulation by these whales until the buy pressure for the halving becomes too high, then the price will increase, and a pump will happen fueled and exaggerated by the whales and over excitement from the market. Look how fast the recent rises have happened and quickly have fallen. The same will happen soon. Be sure to sell at a profit and don't get too greedy.

i think the rise to above $400 is because of the expectation of halving but it is too soon to see the real effect. it needs at least a couple of months more.

also don't forget all the drama that caused the push downs (FUD, hearn,...)

This is being discussed right now in the tradingview chat room by some well respected traders.
http://orig09.deviantart.net/7486/f/2009/078/1/0/tard_rocket_by_madb0y.gif

https://i.imgur.com/HN2YqLm.png

I think the important thing to realize here is that at 1 inch margins and with Arial 10pt font, this article is only 1.25 pages.

You know, just to keep things in perspective.

I will hold all my coins until the halving no matter what is the price as I am very much sure that halving will allow me to make some best profits.

Always enjoy a good roller coaster hope this comes some time soon,so we can move back to normal though. All the fluctuation does not support new people getting interested unless they are trader sensed.

Well it could be good, but right now i feel it is waiting time. Financially i feel bitcoin has to prove to me that is can be profitable.
When that happened I am sure to start investing more money into bitcoin. But no before i got some profits made.

So far for me bitcoin has been profitable from the transaction that i made from trading to gambling.
You just have to play your well so that you can profit no matter how low its still a profit.

You never know what can happen with the value and that is quite risky, because it is rising of course but you dont know when it will stop.
You are not for sure that it will rise after the halving so that is not good. But we all hope for it, but we must see.

Yeah brow im still holding it but some of them i use to spend and buy altcoin if i had no hope in bitcoin maybe in other altcoin i can make lots of money someday by trading altcoin..

Halving rally just about to kick off, who's with me??  ;D

You never know what will happen with the value later after the halving so you must take risks to sell it earlier or not.
And that is the bad thing of Bitcoin, is that you never know what the value will be in the future.

Oil is a consumable product, once used it is gone; moreover a continual supply is needed for transport, manufacturing, etc.. Neither of these qualities are true of Bitcoin, if you are relying on that analogy then I fear you will be sadly disappointed.

NOO, i am not yet ready.
i want to buy more cheap bitcoin. i am going to get some more money soon to invest in bitcoin so i hope we stay at this price for longer so i can buy more ^^

I am waiting a long time for the halving. And I hope that it will be more worth after the halving so that is good.
But you never know what will happen with the value and that is the problem. But we will see for what is going to happen.

if there is no hope in bitcoin, there is no hope in any other altcoin, they are pure copy of bitcoin with nothing to offer, they are good for increase your bitcoin but also risky

the halving will put at shadow every other alt, you will see

The price will stay around this price for a couple months, so you do not have to worry about that.
Its just that you need to buy a certain amount otherwise you will not make a lot of profit if I'm honest.

Most likely it will be around the 400 dollar or maybe even higher, but the case is that the bitcoin price is not to predict so it can go to a much higher amount tomorrow so keep in mind to buy your bitcoins when its possible.
Otherwise you will maybe have not the bitcoin amount you where planning to have for the halving to make some good profit.

most people are still hyped for that ETH or whatever alt coin.

and something people just ignore that bitcoins value needs to be up there like you mentioned. Some people are just very hopeful I guess.

yeah, if you don't want to take risks before and after halving, why don't devide your bitcoins 50:50? sell 50% before halving and hold the other 50%. it will minimize the bad value after halving.

Some people are just overwhelmed since there is a too much information.

The view points of people saying buy or sell, should really settle for doing their own homework but to a minimal to make a decision. The very same information they read paralyzes that person to even act.

But we can not expect this halving needs to give same type of consequences just after the block reward decrease. Surprises are most common events with any type of price fluctuations. Halving has a very big reason to surprise us. Let's wait.

We all know that the halving is coming. But we dont know if that will be very good for Bitcoin. I dont think that it will rise that fast or jump after that.
But you never know of course what can happen with the value. But you can see now that the value is not even rising.
So that will be not that good after the halving.

Yes indeed. The only thing that we can do is just wait and see for what is going to happen. I dont think that the value will jump.
And many people are hoping for that, but it wont happen, you also can see now that the value isnt even rising.
So that will also not change after the halving I think.

The halving could double the price from the $400 range to the $800 range. if there is other good news, the price will be higher.

it is possible, but not very likely to happen. the block rewards being decreased with 50% doesn't automatically means the price will double. the current market is under control of wealthy traders and large mining farms. if they so wish, they can definitely get the price to $800 this year. but they will not simply pump the price so all other traders and pools can dump the price down again. they are smart enough to know how to manipulate the market in their favor without risking people selling down the price they build up.

It wont double the amount but will surely rise like 100-200$,even if there is a good news on bitcoin it wont affect much the market price.

Hell yeah! My moon boots are so ready :D

we don't need, but every new bitcoin user needs it for sure, because they don't know what is halving and what it will do

and i hope that in this year halving price will go to 750$ atleast, would be really nice to see such a huge price

i believe it will grow way more than you are actually predicting, i think that we might even reach a new all time high to be honest

im waiting for a way higher growth and halving is surely the key to that because people will pump the price

I will just hold my bitcoins till the end of this year because of the halving that is coming there is a big chance that the bitcoin is gonna rise to a higher amount.
The fact is also that the price is gonna rise for because the bitcoin itself is also increasing by users.

MAY JUNE JULY ALMOST!

3 months still is a long time lol.

I`m selling some of my coins now in smaller increments, but will eventually start holding more when it comes around the 1 month mark.

Selling bitcoin right now is good and will bring profit,halving is still a long way from us and we can profit more from daily trading.

Yeah daily trading can help us get more bitcoin so we can have more while we are waiting for the halving and when the halving is over we will profit more.

Halving is really near and we must trade wisely so that we will earn more bitcoins than ever before and the halving is a great event for everyone.

Most likely we will gonna make profit but this is of course not to predict maybe the price will not even rise because of it.
I hope it will but its not to predict and we just also have to see what the halving brings maybe it will be positive maybe not, and indeed trading can really help you but it has some risks of course.

Everything has its risk thats how you profit and gain money,trading is the only way you can good profit in bitcoin and you cant do much if you are just holding the coin.

The halving will be not that good for all of us I think, you can even see now that the value is not rising so that is very bad for the people who already have Bitcoin.
I think that because you can now also see that the value is now stable and the value is not even rising so that will be bad for the halving.

There are a lot of people that is waiting for a good price increase, but the only thing that we can do is just wait.

The halving will come in June or July and the price will rise before or after. There is nothing exciting.

if you don't own any bitcoin or don't have any plans on buying any then yes it is not exciting at all.
but for those who own bitcoin and also for traders and speculators it is a very exciting event to see the price rise and when it happens.

Agree with you also if he has a little amount of bitcoin not earned through a long hours hardwork it is not exciting too .
I missed the opportunity of buying btc at 200 $ so i am not going to miss this again to double the profit.

Let me guess... You think the halving price is already priced in and the earth is flat?

Yeah me too.. i dont want to miss it to double myu profit and i think not only double profit it will make more profit after this coming block halving rewards.
Even the increase is not so fast i think the price will increase until $1000. just lets hope that it will happen..

Maybe he just wants to say that we all don't know what will happen and therefore of course a price decrease a possible scenario as well.
I mean we all want the price to rise. But we will have no influence to that and have to deal with what ever will happen.
And 3 scenarios are possible.We go up, stay where we are, or go down.Simple is that.

Yeah, we have to hold them at least till the end on this year, as no one knows that what will happen, but there is a hope of big boost in its price, Those who have some doubt about the price, I will suggest them to sell some coins immediately after the halving occur in the July and keep the remain in their wallet to wait what will happen.

thanks you for sharing this link, which have lots of good info about halving that will happen in few months, personally  i didn't need it because i already know a lot about halving, but i sent this link to my friend that's new to bitcoin, and yes i am sure that price will rise to 800$ or who knows, even maybe 1000$!

Moon boots.... Check!

I was told to hold "onto" my balls... thought it'd be exciting. Didn't know that it'd be because they'd been repeatedly kicked, me, left writhing in pain.  >:(

halving is making us all excited speculation always state that halving would be the best time to hold the coin
curiously speaking Im holding both" my balls and my coins " hehehe halving we are waiting for you give us
hope to earn. good luck holding your balls mate.

Holding onto ones balls requires some balls to begin with so already you  don't qualify, but nice try anyways.... 

This pretty much sums this thread all up. Nothing new to read in here, yet another new topic about halving. As correctly stated in here: https://bitcointalk.org/index.php?topic=1410022.0, we will have more than 100 new topics about halving, as most of the users in here don't know how to use search option.

No I think these people know very well how to use the search function.
It's more to earn some fractions of Bitcoin with sig campaigns.
I can live with that "issue" to be honest. Just read and comment in the big threads and let the others disappear to page 2,3,4 and so on.

people keep repeating everything because literally nothing is happening lately. i think by the time that the block halving has been completed, there will be close to 200 threads about it. searching for an already existing thread costs time while creating a new thread is done in a few seconds.

Yep, horizontal trends are boring unfortunately and this is also reflected in all these 'new' threads about halving.
We have to simply wait until the resolution, but even then I wouldn't expect fireworks, if we do not have any extra developments.

what extra developments are you hoping to see this year that will bring the action back to the currently boring market? i really can't think of any beside the block size increase.

the block size increase is such a big development on its own that bitcoin will not need any more exciting things for a while in order to push the price up. it has gone on for long enough and should come to an end soon.

We don't need block size increase for now, segwitness is already working in testnet and has proved to mine a 1,5 MB block... things are looking great, Bitcoin just proved it can scale.
This plus all the halving expectation will make price go higher than we can imagine. A lot of people will sell way too soon when we hit $1,000, only to see it correct but quickly go up and go beyond $1,500 and at that point anyone that sold will be depressed.
Bitcoin belongs to $3,000+ at least in the next ATH.

Yes, the agreement on the block size is to me the main point in agenda for this year. The whole issue takes a bit too long already and if there is no resolution in that matter, it may and will haunt us later on.
Unfortunately, apart from that there are not many interesting points to be discussed in the technical (developers) agenda. We are overflown by the 'halving' event and thus not much openly really going on.

The agreement on the bigger block size shows the unity of the community. It will help the adoption.

It's nearly upon us gentlemen 
I'm going tomorrow to have my balls vaccum packed into my boxershorts...but it will be worth it when we land on that dusty white surface... :)
Don't say you were not warned enough times if you haven't already prepared for this....

http://www.bitcoinblockhalf.com

Sorry cause i dont have balls,and besides i am already prepared for the bicoin halving..i need some money for me start in my small busineess in our community.

its nice to see that people are topping up their coins right now what means the price is still going up

in my opinion it will continue growing for a while right now and make us some money

What do you mean exactly?    Did you sell your coins?

If you don't have balls or bitcoins your on the wrong thread lady, but don't worry about it too much...

Your best solution is to hold onto someone else's balls and don't forget to bring your  moonboots.... :)

You shouldn't be holding onto your balls, you should rather be holding onto your bitcoins! Waste of time holding onto your balls when you have the option to profit big time from this halving!

Price is soaring, but just be careful. Cash out when it's too high.

Ok, you let us know when it's "too high"..... :)

Definitely. The halving is happening in a few weeks time and it's already pushing the price of BTC up by a lot. I hope though that the price can stay up, and there is no huge dump after the event.

Hold onto your testicles gentlemen! Squeeze them hard to make sure you get every last drop of BTCTC! ;)

Ok I'm a holding my balls.....but at this speed rise in price...I feel quite the breeze....chilly :)

(I shall now sing lustily the below song..that you can listen to with the above image in mind) .....which I think should be the official BTC anthem) :) (I hear screaming and curses..hmmmm)

The lyrics fit that's for sure (risk takers that we are in BTC and crypto!)

https://www.youtube.com/watch?v=XG-VChTYfOk (https://www.youtube.com/watch?v=XG-VChTYfOk)

Danger/Never a Dull Moment/Fast Cars and Women (er oops sorry nerds here) fast ASIC's and Cheap Electric) etc


Well have to stop typing and 'hold balls again' price is now at $698 per BTC (damn  its windy)

https://i.imgflip.com/14h0hd.jpg

How high will BTC go up to and after halving?  (how chilly will my nads get at this speed?)

The only things I hold overnight are my balls and bitcoin.

And don't break em for nobody....!

LOl the halving is scaring people off but there is nothing going on you know the halving only affects the miners and most of the
users of bitcoins are not miners so dont be afraid that the halving will cause your balls.

Haha hold on your balls gentlemen that means that here are only mens right lol thehalving is coming and that is not very good for the miners so if you are mining
you need to stop because the profit is nothing anymore so just lay low and chill with your coins sell them on the best moment.

Right. Checkout for a hike in price.The value is going low compared to other days. If it really required sell out uyour bit coins for a reasonable profit.waiting should bring you a too profit.

The halving effect could already be in the price when the price went up to $780 two weeks ago. I think it will not go higher.

Nope, twill be a new ATH in 2016....
And the resting point after the new ATH will likely be over 1k as the coin supply dwindles on the open market....
2017 onwards will be epic....
You might need to employ a few  ladies to hold onto your balls at that stage..... Low gravity on the moon can mean balls can bounce around unnecessarily....

I like the way you think. And yes, it's generally a good idea to plan ahead. A few interns will certainly be in need for the aforementioned reasons when we are on the moon

I doubt the price is high enough after halving for selling, therefore I advice holding minimum 5-10 yrs. In that time span we will see the truth about BTC. When BTC is 10 + yrs old it should be mature enough to gain reputation in the eyes of bankers. I am actually seeing in my crystal ball the Central bänks starting to buy Bitcoins in the same manner they are doing with bullion gold.

Laughing at all the trolls  :D

I hope everybody is ready, if you don't have any coins it may be your last chance to get in cheap  , My balls r feeling the vibrations already...  :D

Nothing dramatic happened after the halving. So the bitcoin price is quite stable now, it is around $650.

well this article says it is gonna break out in price maybe :)

http://www.marketwatch.com/story/why-bitcoin-is-on-the-verge-of-a-breakout-in-one-chart-2016-07-11 (http://www.marketwatch.com/story/why-bitcoin-is-on-the-verge-of-a-breakout-in-one-chart-2016-07-11)

that would be nice :)

Are we still hodling them? This is getting a bit awkward, to be honest.  :-\

Keep holding them, massage if necessary....
The moon is not for everyone,  most people here  will be shaken
Off the rocket as they have no patience, are easily frightened and will dump too cheap.....

OK... Now it's getting weird...

so as we see here,everybody predicted biiig rise after it.
Of course nothing of that happened,we got stable price.
And everyone got soo over-excited,it was pretty funny :)

Last time Bitcoin block reward halved the price stabilized to 10'sh dollar range for a few months. In 6 months from the halvening the price rose to 265 usd, then it got dumped and restarted rising to 1200 usd - and all this happened with 10 % inflation rate. Now the inflation rate is merely 4 % so the final peak might be more than 10 000 % from the current levels..

Actually one big bank can buy btc to 300 000-400 000 usd/btc if they so decide (and why not to decide).

As of now after halving there is no huge price increase this month and i thought that we can make a profit after block halving that the price will hit at 800-900 value but until now it will not hit even 700 value its going to be hard.. but many traders are saying that the price will increase just hold thightly..

I have been reading many of your posts and  you are very very open to hard value raise.  Do you base 10 000 %  on last halving alone and inflation rate?   so you think the value of BTC will be around 65k USD/BTC  in 4-5 months ?

About one one big bank buying 300k-400k USD/BTC , why would they want to ?

Apparently you did not read the post you quoted.
Did I speak will be around 65k in 4-5 months? If you got that understanding, please read my post again in a more careful manner with comprehension.

The bank who first buys in bitcoin gets the best deal as it can buy their first coins for 650 usd. If they drive and start defending 400k usd price their coins that they bought at 650 usd are worth 400k usd. The higher they drive it, the more they create wealth for themselves.

Tc , i did read your post and maybe i got it wrong. You did state last time the price rose to 1200 within 6 months after halving. You stated This time it can end up at 10 000% , 100 x current value of btc 650 usd= 65000 usd. I took it as you were saying this 100 time increase will happen like last time within 6 months after halving

At my age i should know better not to read and reply posts after a night out . So , i am sure i got your post wrong

As for the banks buying into btc,  i understabd now what you mean so thank
you for clearing that out. Hopefully in near future  banks jump on the btc train to secure profits

Yes, last time it took 4-5 months to go 20-25 times higher (which suggests 13 k usd) and then dump around 4-6 kusd and from there to moon. The landing on the moon from now should take around 12 months from now if 2012-2013 will repeat itself. That is very visible on the charts.
This time it might be different. It may not go in the same pattern (might fall short or might go beyond).
The fundamentals are better with btc than never before. Inflation is in a level bankers might get actually interested, if not this time, at least after the next halving in 2020.

That being said, I recommend to be consistent with btc, just buy more every week, when you spend it, imagine you spend 400 k usd future value now (this makes you pretty stingy).
25 btc might buy you a nice home from the richest neighbourhoods in the world in the future, selling btc just causes you taxes so better just hodl and see what happens and not to sell if the price rises 50-10 % from now.
Imagine how much those people regret their bitcoin sales of sub 100 usd when it crossed 100 usd/btc in late 2013 for the last time. They were not able to refill it that chep never after that.

The people who cashed out at $100 probably had fuckloads of btc they minted for free at home.....

I'm sure they have some regrets but to go from 0-$100+ was already moon for people with 50,000+ btc...

If they feel they profited enough, I guess that's up to them, many bought companies and invested in other stuff so they're reasonably well off now...

Another way of looking at it is, if they all had of hodled, they're would be no coins available on exchanges for us to buy so them selling out and taking their profit created opportunities for lots more people now to take profits in the future....like us!  :)

the main problem with people thinking we might get a repeat of what happened in 2012-2013 is the amount of money needed to do this same thing again is colossal. The first ath required a shit ton of money thrown into bitcoin but to do that again theres no way. Theres just not enough money to send us that high. its a nice dream but just that, a dream.

That is right. There are more bitcoins now than 3 years ago. The market cap now is almost an all time high.

1800 btc is mined every day.
Today price is 664 (Bitfinex).
To maintain the current price, 1 195 000 USD has to chase after btc per day in addition to the reselling.
In June before halving btc pricd was also the same, and that needed 2 390 000 usd new money per day.
I do not know where are you living but I do not think it is not that much money. Bitcoin is currently the same size marketcapwise as some blue chip company. It is not even close to the size of a global online currency.
All is needed is more people getting involved into bitcoin. Sometimes the rate of adaption is higher (the price rises). Sometimes it is lower (the price gets lower). The old time bitcoiners have sold most of their coins and there are very few individuals who have any larger amounts of coins. Please bear in mind the fact that only 21 000 000 btc can be held. That's very small number in global scale.

You can sell your bitcoin only once.

and that is a really great thing because it means that more and more money get invested into bitcoins, i think the only question is when the price will start going up fast

Still holding onto my balls here for that 'moon after halving' you were all talking about...

*Looks at an ever sinking chart...*

it will come soon after the market dry out when the miners sell high to get profit out   

Winklevoss ETF  might make things happen if they can get it off the ground.  if approved , we will see the moon

This thread is about balls and bitcoins , you don't have either so please gtfo.... ;)

Bahahaaaaa

Burn!

Someone else hold my balls i'm looking for pussys.. I did dump when it reached $690. I'll just stick to the new coins i'm fond with this time.
Getting much of their bounties and buying cheaper coins is my preferred way than waiting for the halving effect.

I think we are starting  to feel the effect of the halvening now and the reduced supply is gradually increasing the price....
November is bitcoins month...
Don't forget to hold onto them balls, gentlemen!  ;D

It has started a long time ago. Right now however we're just experiencing a more serious speeding up in this whole process. Whether it's the block halving effect that is kicking in, or just people being excited about the soon to come activation of Segwit, it's a more than welcome rally that we are experiencing right now.


Also don't forget to cash out at the right time, because at some point there is no more steam left, and things will come down again. ;)

Cash out time will be 2020 or 2024 when bitcoins are worth a ridiculous amount of Fiat.... I don't know why people are so happy to cash out for a few dollars profits but I'm still buying so dump as much as you like guys....  ;)

Yep, the sensible ones amongst us knew it'd take months for the price to feel the effects of the halvening. Only now are we seeing it reflected in the price.   

It was a similar wait for a price reaction at the last halvening.

That's the true nature of bitcoin, because once after a rise sure it falls to some extent without doubt. So as quoted one need to be in close observation to grab the best profit at the right time by cashing out. Users trying to cash out right now can hold till the year end and cash out as increase happens by year end too.

Looks like it might soon be spaceship time again..... But the next ATH will gangrape the last one by several orders of magnitude ....

http://www.zerohedge.com/news/2016-11-26/china-unveils-new-capital-controls-freezing-ma-frenzy

I do not think the bitcoin price will enter bubble phase in the next few months. It is more stable and might just rise 20% every quarter.

Wow I thought I was bullish.

Starting at $740 and compounding quarterly at 20%, in a year we'd be at $1535USD, a new ATH. That's $2075CAD at current exchange rates.

Nice to dream about but I wouldn't bank on it.

I think 20% a quarter is realistic
We have yet to reach anywhere near the required levels of adoption but a lot of new services are launching soon

I think it is better for the bitcoin to rise slowly. The big bubble and big drop afterwards will hurt the bitcoin a lot.

Bearwhale talking
https://www.youtube.com/watch?v=2X9E9n6GHC8
 :P