Bitcoin Forum

The bitcoin price is now growing steady for mor than a week now.
The halving is coming and the price will not go bellow $400 hundred again.
So, if you have them, you better hold them tight!

... Consensus reached...

150 days till halving. These re first signs of what we re going to face this summer.

Sorry, never bother to try to ask before though I'm curious about it.. What is halving?

this year for bitcoin price will be really beneficial, segwit, block size increase, halving, these all events will push the price to the new all time high

it refers to the time when the reward for mining a block is halved.

it will got from 25BTC to 12.5BTC

To ensure a steady distribution and a limited supply, Bitcoin block rewards are halved estimated every four years or 210,000 blocks till the block rewards become zero and the only revenue is the transaction fees. With the halving, lesser bitcoins are estimated to be dumped by miners on the market.

when the halfing happens, the block reward that the miners currently receive from mining a block is halfed.

BTC ↗
LTC ↗
ETH ↘

It is nice we have a small pump going on but the halving is far enough away for there to be another drop below $400.
I have my bitcoin to trade and those stacked away nice and secure ready to get when I feel the time is right.


People jumping back from the hype train and now hopefully, I see more of bitcoin threads instead of eth.org as was the last few weeks.

This is going to be a good summer for all of us Bitcoiners on this forum. Buy now before halving!

shouldn't this be on the speculation boards?

anyways i am with you holding my bitcoins tight, hopefully halving's effect will be a great birthday gift for me!

I thought the halving anticipation already increased the price recently from 2xx to 4xx. Will be interesting whether another higher price increase is sustainabe before halving. After halving and less Bitcoin supply it migh be sustainabe though...

still 5 month again to halving, are you sure price will not go to below $400 anymore. IMO,no one can predict bitcoin price.

There will be a lot of accumulation before the halving, I can agree with that and it's already happening before our eyes. But, a word of warning for many, there's a chance of a big dump after it because we all the halving is all about speculation and expectation but very little about real impact. Buy on rumors, sell on news.

Don't sell if you want to win in the long run... think long term when using btc

I don't think the rise from 2xx to 4xx was in anticipation of the halving. It was probably the result of a way too long downtrend that finally saw it's reversal and people trusting that the reversal was for real this time. It was bought and overbought from people that were waiting to jump in on any sign of a true reversal. Also some good news was going around at that time.

Next it was sold off after being overbought a bit (5xx back to 450) and crushed by the Hearn announcement. We recovered from that and are now continuing back to 5xx ranges where we whould've been by now.

I definitely didn't expect the price to go this high. I was hoping for the price to fall back to lower $350's so I can buy myself some extra Bitcoins. The opposite happened....

It's going to be sweet, I can't wait :D
Supply pressure will be mounting, there's some sweet potential edits to btc's core code that have the potential to improve capacity and the system more than most people think is possible at the moment. And then there's of course lightning networks on the way.
When the wall Street and mainstreet investment rush starts it'll be up up and away

Uh, the majority if miners and developers reached concensus.
Finally no more stupid discussions about the midterm future.
I will be surprised if this doesn't hit 500 in the next 48 hours.

Yeah its a good right! even I have saw today the rate of bitcoin, It was 423$ dude. Thats really a great news for us I guess.

Just imagine what the effect could be if this trend extends until the halving itself. Even if it gets slight growth, as long as it would be on the plus side, it could have enormous effect as most likely the halving would have an spike of 25% of whatever the value would be prior to this phase (even though some predict exactly double it's value).

Yeah we all knows that man. Better you save your bitcoins without selling it. If you that You could have big profit in halving time and price will be biggest in bitcoin moment forever.

still halving is like five months away. Hold your horses, don't go too fast. It is still too far away to claim it is already impacting the price. Look back to last November. We had back then also a speculation pump all the way to $500. It ended quite quickly and then price returned to the levels from before the pump. Therefore, your call is defintely too early.

Price is now going where we expected it to go by December already. I don't believe we will see a jump up in July but perhaps but a slow yet continuous curve up until the end of 2016. Then and only then I expect the halving to show any real effect apart from mass psychological movements. Perhaps the effect may not show until spring of 2017. There are just too many (15Million? 16 Million?) coins out there to be traded.

The price is now going up very soon I think. But you never know what can happen in the future.
I think more people will be happy if the price is going to rise.

yes, it is rising now, and i am very happy about that, higher bitcoin price is better for bitcoin and bitcoin users, so every rise is awesome

now is the time to sell and buy again after prices fell later dude .

The value rising in bitcoin is always a good thing. It's best to hold on right now and buy if you can.
Halving is coming closer and closer, who knows where that will take the bitcoin value.

Yea. Good thing ive been holding a couple more BTCs for mysef.
Wooot! Go Bitcoin you can do this!

In my opinion, a lot depends on whether we see any fundamental developments, e.g., agreement on the block size, to accompany the halving. Then and only then, we can expect to see some mania-buying, which a lot of posters here is expecting from halving alone. Based on halving alone however, we shouldn't expect to go beyond $500-600 in 2016, which btw. would be already a very nice development of the price action.

Indeed. It is now rising slowly and that is very very good. I hope later that it will rise for a long time.
So we all can sell it later in the future with much profit and have some more money. But it must rise for a long time.

The price will increase for sure its just a matter of time, its already rising right now so it will rise in the future also its just a matter of time before this will happen with large amounts.
I think it will even jump to high amounts if you ask me.

It will rise I think. But it will happen slowly, it wont ris so fast. We need patience and just have to wait what is going to happen.
We all hope that the value will rise for a long time so we can sell it with profit. But you never know what can happen. We must see what is going to happen in the future.

oh yes, it was rising up, just it stopped now, dump is comming now, it will fall a bit, but latter yes, it will go up again, maybe to 480$, or who knows, maybe over 500$

maybe this is just going to stop now, and the price increase will occur again in the near future. In my opinion, this increase may be stopped when the price above $ 500

i think the major part of the dumping is over, but there is still the possibility of seeing the price go even lower to $400 today or tomorrow. if we manage to hold the price at current level for a few days, then we most likely will see the price go up again. the sentiment is good, we are comming closer to the block halving, the majority of the miners are supporting the current devs, and so on. all positivity that will drive the price up.

we are hoping for good up movement in bitcoin market before upcoming halving and i think it is one the way to set new ath before halving. ;)

As o today we are currently falling again. I hope this one will not go below $400 again . I am quite loosing hope that the halving will have a positive effect on the bitcoin price. I think what happened before could happen again. No effect on price. Less block reward. Lost of value. I sure hope not. :(

I guess this bitcoin prices will continue to rise, although sometimes down, but it was only temporary, and most likely bitcoin prices will stabilize in the price of $ 500 this year  :)

It doesn't look like it will. I think it's only a temporary blow-off. There's always a few in every rally.

The resistance is solid as a brick on the 400 dollar range. Not a long ago people was complaining about the price not going above 400 and now we have it, so don't be impatient and the results will come, just keep on stacking up Bitcoin before it becomes mission impossible for us the average guys out there.

I'd expect a touch of around 390, then bounce back up.