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Title: bitcoin halving almost there... brace yourselves :-) Post by: Gramas on May 16, 2016, 06:48:48 PM bitcoin halving almost there... http://bitcoinclock.com/ (http://bitcoinclock.com/)
https://i.ytimg.com/vi/qdH1nQZ2BZk/maxresdefault.jpg Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: OmegaStarScream on May 16, 2016, 06:58:55 PM bitcoin halving almost there... http://bitcoinclock.com/ (http://bitcoinclock.com/) https://i.ytimg.com/vi/qdH1nQZ2BZk/maxresdefault.jpg It's getting serious , honestly I don't want to think in a worst case scenario. If people don't want to get the price screwed then they simply shouldn't panic if it gets low and they shouldn't start selling everything even if it's UP , that way we can keep some balance between the supply and the demand . I'm very optimistic though. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: kpitti on May 16, 2016, 07:16:41 PM In my oppinon it`s better to step out and watch what will happen ;)
There is too many thoughts and speculation around halving. Keep calm. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Wendigo on May 16, 2016, 07:38:05 PM If the price goes down after the halving people will lose their nerve and start panic selling 100% and this will lead to even more decreasing of the price. I hope this scenario would not happen and we will see a normal pump and dump like it's expected. Personally I will sit on the sideline and will watch what is going to happen until the end of the year and I will make my move in the winter or during next year. It's very bad to make premature decisions this summer.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Laniakea on May 16, 2016, 07:39:06 PM It would indeed be so funny if the price would actually go down along with the halving, with everyone expecting it to rise.
:D Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: The Sceptical Chymist on May 16, 2016, 07:41:45 PM Brace yourselves, gentlemen. At the halving I will be emitting the biggest yawn you have ever seen. It will likely suck all the oxygen out of this forum, so strap a tank on.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: cryptoheadd on May 16, 2016, 07:44:08 PM Daaamn.
All my BTC are stuck in WAVES & LISK. Do you think the price will go up or down? ;D Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: LCSociety on May 16, 2016, 08:29:22 PM Well here it is guys. We'll see who is willing to go all in and who isn't. This is the nature of the game!
You have to be in it, to win. Those that are sitting on the fence have a 0% chance of profiting, but also 0% chance of losing. But, those of us who are willing to put our money where our mouth is... those of us that are willing to walk the walk... we have a 50% chance of doing well!....... BUT, also a 50% chance of losing it all :D This is the coming of age/rite of passage for many of you young investors... Boys will become men no matter what happens. I'm willing to play. I'm probably holding more BTC than I should be... but, this trade has been three years in the making. I definitely will not be backing out. 100% Prepared for all outcomes and eventualities... LET'S AVE IT!!!! Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Irn-Bri on May 16, 2016, 09:25:19 PM Newbie here, but just here for the gamble ;D Lets hope for big things.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Wapinter on May 16, 2016, 09:28:28 PM It would indeed be so funny if the price would actually go down along with the halving, with everyone expecting it to rise. I dont think it will go down but yes we cant rule out the possibility evwn if chances of it's occurrence is low.I would buy as much coins as I can if prices go down:D Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: countryfree on May 16, 2016, 09:32:44 PM Hey, cool it!
Halving isn't this month, nor next one. I know some speculators are already red hot, but to the average bitcoiners, there's still nothing to see or hear. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: rjclarke2000 on May 16, 2016, 10:17:45 PM Well here it is guys. You want to be "investors," "speculators," "traders?" Well this halving will separate the boys from the men. We'll see who is willing to go all in and who isn't. This is the nature of the game! You have to be in it, to win. Those that are sitting on the fence have 0% chance of profiting, but also 0% chance of losing. But, those of us who are willing to put our money where our mouth is... those of us that are willing to walk the walk... we have a 50% chance of making HUGE BANK!....... BUT, also a 50% chance of losing it all :D This is the coming of age/rite of passage for many of you young investors... Boys will become men no matter what happens. I'm willing to play. I'm probably holding more BTC than I should be... but, this trade has been three years in the making. I definitely will not be backing out. 100% Prepared for all outcomes and eventualities... LET'S AVE IT!!!! Same as me. I'm in. Let's be brave. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: coinzat on May 16, 2016, 11:03:41 PM In my oppinon it`s better to step out and watch what will happen ;) it is better if you do not want to take the risk. but if the price go up, you will have to buy again on a higher price ? you will miss the train There is too many thoughts and speculation around halving. Keep calm. I agree with you in one condition, if one cannot afford losing, it is better to sell before halving Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: BellaBitBit on May 17, 2016, 12:08:08 AM Brace yourselves, gentlemen. At the halving I will be emitting the biggest yawn you have ever seen. It will likely suck all the oxygen out of this forum, so strap a tank on. You could be right, it could be a yawn. Sometimes things do the opposite of what is expected. One good thing about a stable price through the halving would be that new bitcoin users/investors would feel more comfortable getting involved. Sharp moves up or down can scare people away and what bitcoin needs is adoption more than a price rise. More adoption = natural rise in price. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: IconFirm on May 17, 2016, 12:22:11 AM Personally, I'm not bothered about price. I see cyrpto as a replacement for fiat sooner or later, so fiat price is unimportant if it's going to be extinct anyway...... ;)
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: btcjoin14 on May 17, 2016, 12:41:56 AM I will just watch as people panic sell or buy whatever they want the price will definitely be unstable at that point. But if most of us just watch as this unfolds none of us should be affected by this.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: bitkilo on May 17, 2016, 12:47:59 AM In my oppinon it`s better to step out and watch what will happen ;) If you do that you may regret it.There is too many thoughts and speculation around halving. Keep calm. A lot of people "stayed out" of bitcoin entirely when they first heard about it back in 2009-10 thinking it just may not work or fail and look where we are at now. If holding some coins then now is not the time to panic sell, just hold sit tight and enjoy the ride. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: OROBTC on May 17, 2016, 01:23:49 AM ...
Just my guess, and I'm pretty much a wanker at BTC...: Not much will happen. If we get a big move up (yay), well, OK I'll cash-in some BTC for gold. Not very much BTC though. BTC is the closest things I have to a Lotto ticket, so I'll hang on to most of the rest. :) Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: lakuf on May 17, 2016, 01:24:11 AM If the price drops I will just scoop up some cheap ones and add them to my stock for future keepings. The price will definitely fluctuate in the period. I just want the price to drop so I can get some extremely cheap bitcoins.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: jacobmayes94 on May 17, 2016, 01:37:59 AM The seatbelt sign is on I guess...
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Prime101 on May 17, 2016, 01:39:04 AM Should be interesting to see the reaction, Hope the price has another bump.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: sirohige on May 17, 2016, 01:42:26 AM Daaamn. All my BTC are stuck in WAVES & LISK. Do you think the price will go up or down? ;D and all of my bitcoin ( arround 4btc) stuck at VERGE ($XVG) current rate 6-8sat and im buying a lot at 15sat :D i think bitcoin price will be rising again before halving Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Herbert2020 on May 17, 2016, 05:30:00 AM there might be no rise even until after the halving and most whales may keep the price down to do some more shakedown and then after the disappointment of newbies the price will explode to the moon and then those newbies come back and push the price even further up.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Junko on May 17, 2016, 05:34:11 AM bitcoin halving almost there... http://bitcoinclock.com/ (http://bitcoinclock.com/) https://i.ytimg.com/vi/qdH1nQZ2BZk/maxresdefault.jpg Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Josef27 on May 17, 2016, 05:40:41 AM Just waiting for the FOMO Arigato's to jump on.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: TopT3ns on May 17, 2016, 05:41:53 AM people will pump the price before galving by themself because not want to missed the moment , and that is time to get some profit ;D
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: pooya87 on May 17, 2016, 05:58:53 AM i have been bracing myself for the halving for a long time. you should always look at the far future not a short time in the future. i have bough bitcoin when everybody was crying about the price at $200 and now i am laughing at them.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Boosterious on May 17, 2016, 07:20:28 AM bitcoin halving almost there... http://bitcoinclock.com/ (http://bitcoinclock.com/) Always interesting to talk about bitcoin next project,the halving. many people busy with preparation for halving by safe bitcoin as much as they can,and prepare to sell it when halving come,and some people busy with bitcoin miner,for me,its not much interesting,just wait for what will happen when halving come.https://i.ytimg.com/vi/qdH1nQZ2BZk/maxresdefault.jpg Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: arwin100 on May 17, 2016, 07:26:55 AM bitcoin halving almost there... http://bitcoinclock.com/ (http://bitcoinclock.com/) Always interesting to talk about bitcoin next project,the halving. many people busy with preparation for halving by safe bitcoin as much as they can,and prepare to sell it when halving come,and some people busy with bitcoin miner,for me,its not much interesting,just wait for what will happen when halving come.https://i.ytimg.com/vi/qdH1nQZ2BZk/maxresdefault.jpg Thats why coins in tradings sites are sleeping maybe the big holder and investors save their btc in their wallet and waiting for halving and sure with that many people will earn by this event coming, and i have big feeling that big crash will also occur if all holders start to sell their coin after the halving and hopes it cannot affect the bitcoins price and remain steady for its high price. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: justspare on May 17, 2016, 07:33:55 AM There is really nothing that you need to do for Bitcoin halving. All that is really going to happen is the price rise.(for us investors that is of course)
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: 1Referee on May 17, 2016, 07:42:36 AM If the price goes down after the halving people will lose their nerve and start panic selling 100% and this will lead to even more decreasing of the price. I hope this scenario would not happen and we will see a normal pump and dump like it's expected. Personally I will sit on the sideline and will watch what is going to happen until the end of the year and I will make my move in the winter or during next year. It's very bad to make premature decisions this summer. I think 75% of the people expect too much from the block halving, and that may indeed lead to heavy dumpings after the block halving if they see the price didn't go up a lot. But then again, people will sell anyway. If the price goes up, people will cash out their profits, and if the price doesn't go up, people will sell because they are disappointed or simply expect others to sell as well so they sell in panic to not fall behind. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: cryptoheadd on May 17, 2016, 08:43:44 AM If the price goes down after the halving people will lose their nerve and start panic selling 100% and this will lead to even more decreasing of the price. I hope this scenario would not happen and we will see a normal pump and dump like it's expected. Personally I will sit on the sideline and will watch what is going to happen until the end of the year and I will make my move in the winter or during next year. It's very bad to make premature decisions this summer. I think 75% of the people expect too much from the block halving, and that may indeed lead to heavy dumpings after the block halving if they see the price didn't go up a lot. But then again, people will sell anyway. If the price goes up, people will cash out their profits, and if the price doesn't go up, people will sell because they are disappointed or simply expect others to sell as well so they sell in panic to not fall behind. True, many people are accumulating as many coins as they can, so as to dump when the rate of BTC goes up. This will lead to people dumping when bitcoin goes like 10% up. That will probably decrease the price of 1BTC. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: HostSurf on May 17, 2016, 08:50:08 AM I know I have heard a couple times know that is was going to happen soon but I never knew when exactly it is going to happen. So I hope that it is going to happen soon because I have been looking forward on buying more coins.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: 7788bitcoin on May 17, 2016, 09:01:39 AM I will be on vacation during that period of time. I think I will switch off my phone/tablet and wait for a big surprise (which I expect none) when I come back...
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: 5h4do3 on May 17, 2016, 09:09:47 AM I dont think the price is gonna move much...
how many miners stay on board now that will change.... if something like thunder was being launched to spearhead a way to make bitcoin sizable like VISA now that's a game changer. imagine bitcoin transactions validating in seconds :o. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: calkob on May 17, 2016, 09:15:42 AM Great cant wait to see the effect on the price, it may already be factored in tho or the price could rocket..... 8)
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Snorek on May 17, 2016, 09:20:05 AM I will be on vacation during that period of time. I think I will switch off my phone/tablet and wait for a big surprise (which I expect none) when I come back... I assume that it won't be sudden spike of price and huge bubble right away after halving will hit. But instead market reaction will be delayed like it was in the case of previous halving.Most likely Bitcoin price rise will be staggered throughout the rest of a year. I guess we will see real implication of halving in about year from now. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: jamesl22 on May 17, 2016, 09:22:23 AM Great cant wait to see the effect on the price, it may already be factored in tho or the price could rocket..... 8) To be honest it won't be a major pump that we are expecting but we will see higher price for sure as everone is hoping that this halving can be profitable. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: The_prodigy on May 17, 2016, 09:33:37 AM Yeah block halving is nearly done sooner more months to go.. but the value of bitcoin is not so fast i think it takes more days or weeks or months to see the price increase.. For those who don't know when block halving will be done you can see this updated block halving count down http://www.bitcoinblockhalf.com/
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Dekker3D on May 17, 2016, 09:43:02 AM Great cant wait to see the effect on the price, it may already be factored in tho or the price could rocket..... 8) To be honest it won't be a major pump that we are expecting but we will see higher price for sure as everone is hoping that this halving can be profitable. Community and the whales are the ones who move the price. So if we're buying but the whales are selling then the price won't increase even after halving. New mined BTC will be sold at a higher price in order for the miners to be in equilibrium with their expenses but if there will still be sellers at a lower price point or those who put sell walls then those high price might not materialize. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: peta4e on May 17, 2016, 09:50:18 AM Yeah block halving is nearly done sooner more months to go.. but the value of bitcoin is not so fast i think it takes more days or weeks or months to see the price increase.. For those who don't know when block halving will be done you can see this updated block halving count down http://www.bitcoinblockhalf.com/ Thanks for sharing this information and the countdown has really begun and we can really experiencing it by looking at the present rise in the price of bitcoin. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: DimensionZ on May 17, 2016, 09:57:45 AM I missed the 2013 $1200 price rise because I was skeptical at that time and preferred to stay aside watching the pump unfold thinking that it's risky to be involved but in the end I was the one who didn't profit anything because I was too scared to buy cheap and hold until the balloon popped. Well this time I am going to be prepared and won't sell anything until I am completely sure every last Satoshi is pumped before the big dump that will bring the price down to normal levels. Buckle up gentlemen because we are starting the rollercoaster ride soon ;)
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Enotche on May 17, 2016, 10:03:39 AM It is believed that a sharp change in remuneration, while maintaining prices Bitcoin could lead to a drop in motivation to mining, which results will be large, and the monopolization of the volatility of growth cryptocurrency because Many miners deem unprofitable to keep enabled their computing power and go out of the game. Also falling profitability of mining and outflow of market participants may mean reducing the attractiveness of Bitcoin for investment and further popularization.
Such a reduction in the remuneration already occurred in November 2012. At that time, the price of Bitcoin was $ 13, and the particular influence on her event is not produced. Of course, while the Bitcoin was still not known to the general public. Shortly thereafter Bitcoin price has soared to $ 230. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Amph on May 17, 2016, 10:09:02 AM i'm waiting for the effects after the halving to be honest, at the halving there will be most likely nothing, because everyone is expecting it
the pump will always happen when you will not expect it, guaranteed Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: bittrojan on May 17, 2016, 10:18:30 AM Should be interesting to see the reaction, Hope the price has another bump. yes,agree with that,bitcoin halving should be interesting for people,and everyone busy with prepare to safe bitcoin until halving,hope the price to the moon as like on 2012 and 2013,its sweet price that i remember sold many bitcoins.Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: romero121 on May 17, 2016, 01:08:06 PM Should be interesting to see the reaction, Hope the price has another bump. yes,agree with that,bitcoin halving should be interesting for people,and everyone busy with prepare to safe bitcoin until halving,hope the price to the moon as like on 2012 and 2013,its sweet price that i remember sold many bitcoins.Yeah bitcoin halving is truly a long time expectation of people. With the hope of increase similar to those experienced during the past halving users were busy buying as much they can. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Kprawn on May 17, 2016, 03:13:27 PM i'm waiting for the effects after the halving to be honest, at the halving there will be most likely nothing, because everyone is expecting it the pump will always happen when you will not expect it, guaranteed I am 100% behind you on that one.... people might think selling on the high, will benefit them the most, but I think that would be their biggest mistake. A lot of cheaper coins are going to be going around, just after the selling has been done. The price will go lower than what we have now, and then climb steadily above these prices. If you can buy after the dump phase, then you will be making the biggest profits in the long run. Mark my words. ::) Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: hasiramasenju on May 17, 2016, 03:38:14 PM since people talking about halving several months ago i was always be hoping that this is will be good for the future of bitcoin and will never expect worst situations regarding it and i wish we will met great situation after halving
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: jak1 on May 17, 2016, 03:54:44 PM I’m a miner and I’m not really sure how this is going to affect me; all I know is that my pay is going to be halved and it’s going to be fixed again if the value in bitcoin increases. In preparation I’ve already made sure that my side business is running well so if anything doesn’t go as planned, at least I’ve got my plan B.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: ricardobs on May 17, 2016, 04:09:17 PM Yeah block halving is nearly done sooner more months to go.. but the value of bitcoin is not so fast i think it takes more days or weeks or months to see the price increase.. For those who don't know when block halving will be done you can see this updated block halving count down http://www.bitcoinblockhalf.com/ Thanks for sharing this information and the countdown has really begun and we can really experiencing it by looking at the present rise in the price of bitcoin. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: katrimans on May 17, 2016, 04:27:11 PM In my oppinon it`s better to step out and watch what will happen ;) There is too many thoughts and speculation around halving. Keep calm. YEs, halving will bring good results Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Dank Frank on May 17, 2016, 04:47:04 PM If people go crazy and dump their coins at bottom prices, i'll be here to collect them...
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: zimmah on May 17, 2016, 05:06:18 PM If people go crazy and dump their coins at bottom prices, i'll be here to collect them... not if i buy them first. but i don't think they will dump, even f they do, the price won't drop because there's so many people who will buy before the price drops a lot. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: LiteCoinGuy on May 17, 2016, 05:15:14 PM Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: OROBTC on May 18, 2016, 06:28:33 AM ...
Kprawn I don't have any good idea of what will happen re BTC prices at and near The Halving. However, it will be very instructive to watch. There are a lot of confounding issues (hard to see how they interact)... jak1 Please keep us informed! I read very little from miners, your feedback is of great interest. LiteCoinGuy Well, we'll see! You've made perhaps the biggest bull case yet. Your graphic reminds me of Zero Hedge's famed (and lamented departed one) Gordon_Gekko who once wrote: "Everything else will be left behind when the Gold Mothership takes off." Hey, if it's Bitcoin, that's good too! Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: DimensionZ on May 18, 2016, 06:41:25 AM Guys how can we predict when will be the best moment to sell after the halving? Because people may want to hold for longer than it's actually needed and a lot of opportunities to sell for nice profit may be missed. How do we determine how much of a price increase is enough to dump our stash? Any tips are appreciated thank you.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Pursuer on May 18, 2016, 06:45:39 AM the hype is real with this one :)
the amount of hype I see just because of halving is so big and I am sure that will cause a lot of shakeouts by the whales even small shakeouts and then there will be a big rise coming to bitcoin. and for the brace myself part, I am well accumulated investor. so I am not worried about anything because I thought ahead. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: yenxz on May 18, 2016, 06:52:17 AM bitcoin halving almost there... http://bitcoinclock.com/ (http://bitcoinclock.com/) Honestly i'm still confuse what should i prepare for bitcoin halving,should i buy bitcoin and hold until bitcoin halving come?and sell it when the price gonna raise?can anyone tell me what would make me sure that bitcoin price going rise when bitcoin halving come?https://i.ytimg.com/vi/qdH1nQZ2BZk/maxresdefault.jpg Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Betwrong on May 18, 2016, 06:57:19 AM Personally, I'm not bothered about price. I see cyrpto as a replacement for fiat sooner or later, so fiat price is unimportant if it's going to be extinct anyway...... ;) Yeah, but the extinction will happen not as soon as many of us wish. ) Maybe in 20 or in 30 years from now, but in the nearest future fiat and crypto will be coexisting. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: bitcoinhopper on May 18, 2016, 07:28:47 AM Should be interesting to see the reaction, Hope the price has another bump. yes,agree with that,bitcoin halving should be interesting for people,and everyone busy with prepare to safe bitcoin until halving,hope the price to the moon as like on 2012 and 2013,its sweet price that i remember sold many bitcoins.But they have to know that it can also takes a long time until the value will be more worth so we need also to wait a longer time. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: davinchi on May 18, 2016, 08:12:19 PM Personally, I'm not bothered about price. I see cyrpto as a replacement for fiat sooner or later, so fiat price is unimportant if it's going to be extinct anyway...... ;) Yeah, but the extinction will happen not as soon as many of us wish. ) Maybe in 20 or in 30 years from now, but in the nearest future fiat and crypto will be coexisting. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: katrimans on May 28, 2016, 07:03:11 AM Personally, I'm not bothered about price. I see cyrpto as a replacement for fiat sooner or later, so fiat price is unimportant if it's going to be extinct anyway...... ;) Yeah, but the extinction will happen not as soon as many of us wish. ) Maybe in 20 or in 30 years from now, but in the nearest future fiat and crypto will be coexisting. I’m all kind of new to this whole concept; why does the bitcoin have to half every four years. I mean does the price of gold half after a certain period of time? Someone please explain. I actually want to go into the mining bitcoin business so that I can passively earn some bitcoin while I do some occupation that I’ve always dreamed of doing. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: 7788bitcoin on May 28, 2016, 07:18:26 AM I’m all kind of new to this whole concept; why does the bitcoin have to half every four years. I mean does the price of gold half after a certain period of time? Someone please explain. I actually want to go into the mining bitcoin business so that I can passively earn some bitcoin while I do some occupation that I’ve always dreamed of doing. One of the ideas behind bitcoin is to create a digital asset which goes against inflation- a deflationary model. Limited supply + gradual decrease in supply will eventually make the value to bitcoin to go up- against inflation! Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Enotche on May 28, 2016, 08:15:40 AM Many traders expect a sharp jump rate Halving immediately before or immediately after it. Is there a reason for this? Like any anticipated event, it has to be "played out" in advance, and it is possible that the current growth in the number is due to preparations for the reduction of emission of Bitcoin.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Fantasio on May 28, 2016, 08:52:02 AM I’m all kind of new to this whole concept; why does the bitcoin have to half every four years. I mean does the price of gold half after a certain period of time? Someone please explain. I actually want to go into the mining bitcoin business so that I can passively earn some bitcoin while I do some occupation that I’ve always dreamed of doing. Don't forget that's just the mining reward which is halving... I've read somewhere that this part is only 8 % of the annual increasing value of BTC. Concerning mining business, don't expect a good reward if BTC doesn't increase AND MAINTAIN it's value for a long time. Imagine : what if BTC is reaching 1000 $ in july and 400 $ in september ? Do you think it's wiser to invest in mining stuff and being stuck for a long time ? Or buy directly BTC and sell IF (and only IF) the price turns back ? ??? Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: neochiny on May 28, 2016, 09:22:49 AM I’m all kind of new to this whole concept; why does the bitcoin have to half every four years. I mean does the price of gold half after a certain period of time? Someone please explain. I actually want to go into the mining bitcoin business so that I can passively earn some bitcoin while I do some occupation that I’ve always dreamed of doing. One of the ideas behind bitcoin is to create a digital asset which goes against inflation- a deflationary model. Limited supply + gradual decrease in supply will eventually make the value to bitcoin to go up- against inflation! agreed!!! its quite ingenious that nakamoto thought of this, but i think the side effect of this is the constant fluctuation of the price. im sure all currency fluctuate but btc`s price fluctuation is quite troublesome specially to those who wants to invest huge amount. im not very familiar how btc works but this is what i thought why btc price is constantly fluctuating. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: mki8 on May 28, 2016, 10:14:46 AM you should be caring about xmas more than the halving date.
If you dont know why, then you need do some research, as it seems the OP has done none. You may see a bubble or two around the halving date but thats just speculative traders and unless you are actually day trading it is nothing compared to what we need to focus on which is 6 months post halving date. and it is very likely trading platforms with chop down the leverage (most now only offer 10:1 anyway which is crap) and the spread will likely become huge, as it has done in the past (i have seen over $20 spread on many occasion) Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: btcltccoins on May 28, 2016, 10:19:25 AM I’m all kind of new to this whole concept; why does the bitcoin have to half every four years. I mean does the price of gold half after a certain period of time? Someone please explain. I actually want to go into the mining bitcoin business so that I can passively earn some bitcoin while I do some occupation that I’ve always dreamed of doing. One of the ideas behind bitcoin is to create a digital asset which goes against inflation- a deflationary model. Limited supply + gradual decrease in supply will eventually make the value to bitcoin to go up- against inflation! Ah yes, we can only hope for the best that the demand is kept stable or rises. Looking forward to a price increase is what im hoping for; I just hope the mining sector isn’t affect much. and halving is the best part of it Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: aso118 on May 28, 2016, 12:49:36 PM you should be caring about xmas more than the halving date. If you dont know why, then you need do some research, as it seems the OP has done none. You may see a bubble or two around the halving date but thats just speculative traders and unless you are actually day trading it is nothing compared to what we need to focus on which is 6 months post halving date. and it is very likely trading platforms with chop down the leverage (most now only offer 10:1 anyway which is crap) and the spread will likely become huge, as it has done in the past (i have seen over $20 spread on many occasion) XMas? Are you talking about when the price surge happened after the last halving? The past is not a very good indicator of what is going to happen in the future. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: Hirose UK on May 28, 2016, 01:11:44 PM In my oppinon it`s better to step out and watch what will happen ;) There is too many thoughts and speculation around halving. Keep calm. besides, prepare your plan B, even plan C until Z because we don't know what will happen after halving. but that's right. don't think too much about halving because it doesn't think of you LOL. kidding. Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: pereira4 on May 28, 2016, 01:18:20 PM When we crush the 500 resistance in the next hours we will finally prove that the halvening is very real. All the doubters will have to deal with it and get in the winning team before it's too late. I guess some people will never learn and will keep waiting forever for Bitcoin to crash tho.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: pearl11 on May 28, 2016, 01:22:51 PM Brace yourselves for what? And for me im just prepared about what will happen when halving do its job in the world of bitcoin.. Every now and then when there is halving we are waiting for bitcoin price increased just like what we are seeing today.
Title: Re: bitcoin halving almost there... brace yourselves :-) Post by: pereira4 on May 29, 2016, 03:16:36 PM When we crush the 500 resistance in the next hours we will finally prove that the halvening is very real. All the doubters will have to deal with it and get in the winning team before it's too late. I guess some people will never learn and will keep waiting forever for Bitcoin to crash tho. He he, good to remember that I predicted the 500 resistance being crushed when a lot of people were skeptic and saying that I was delusional to think 500 would be beaten with that ease. Well, guess what, we have beaten 500 resistance, and we have build a very solid floor above 500, the uptrend is very real now, only those that are still in denial stage aren't aware of this by now. |
