Title: halving is coming! Post by: mynameisdon on May 28, 2016, 03:24:33 AM we seen from 2-3 days bitcoin rate is rapidly increasing.this is mostly showing that halving is coming.and it can be guessed rate will be double in 2 month. became The Bitcoin block mining reward halves every 210,000 blocks.
now are you investing big money in for getting it double? Title: Re: halving is coming! Post by: skang on May 28, 2016, 07:04:24 AM Maybe. But there are two things that we should have in mind:
1. The market responds to news of an event; not the actual event. Eg: Share markets respond to announcements of projects, not their launch date. 2. Last time the halving occurred in Nov 2012 the price was 12$ and remained around 12-14$ for 3 months after the halving. Only after Jan 2013 did the price rise. There are so many unknown variables this time, like network capacity, new 16nm ASICS, marketcap, etc. Like always, only invest what you can afford to loose. Title: Re: halving is coming! Post by: soyab0007 on May 28, 2016, 04:35:22 PM Maybe. But there are two things that we should have in mind: 1. The market responds to news of an event; not the actual event. Eg: Share markets respond to announcements of projects, not their launch date. 2. Last time the halving occurred in Nov 2012 the price was 12$ and remained around 12-14$ for 3 months after the halving. Only after Jan 2013 did the price rise. There are so many unknown variables this time, like network capacity, new 16nm ASICS, marketcap, etc. Like always, only invest what you can afford to loose. What do you mean by this statement "only invest what you can afford to loose."? how we can lose during or after halving... price will gonna rise or go down? Title: Re: halving is coming! Post by: chronicsky on May 28, 2016, 05:19:11 PM Maybe. But there are two things that we should have in mind: 1. The market responds to news of an event; not the actual event. Eg: Share markets respond to announcements of projects, not their launch date. 2. Last time the halving occurred in Nov 2012 the price was 12$ and remained around 12-14$ for 3 months after the halving. Only after Jan 2013 did the price rise. There are so many unknown variables this time, like network capacity, new 16nm ASICS, marketcap, etc. Like always, only invest what you can afford to loose. What do you mean by this statement "only invest what you can afford to loose."? how we can lose during or after halving... price will gonna rise or go down? With that he means that no one can promise it will rise or Drop - it's a open market and depends on hype- if the price rise is from block halving hype - it is temporary and will fall back.. There are more chances for price to fall after halving then rising but then again that's just a Guess - So invest what you can afford to loose incase it doesn't rise but drops instead... Title: Re: halving is coming! Post by: mynameisdon on May 28, 2016, 05:45:52 PM Maybe. But there are two things that we should have in mind: 1. The market responds to news of an event; not the actual event. Eg: Share markets respond to announcements of projects, not their launch date. 2. Last time the halving occurred in Nov 2012 the price was 12$ and remained around 12-14$ for 3 months after the halving. Only after Jan 2013 did the price rise. There are so many unknown variables this time, like network capacity, new 16nm ASICS, marketcap, etc. Like always, only invest what you can afford to loose. What do you mean by this statement "only invest what you can afford to loose."? how we can lose during or after halving... price will gonna rise or go down? With that he means that no one can promise it will rise or Drop - it's a open market and depends on hype- if the price rise is from block halving hype - it is temporary and will fall back.. There are more chances for price to fall after halving then rising but then again that's just a Guess - So invest what you can afford to loose incase it doesn't rise but drops instead... Title: Re: halving is coming! Post by: btvGainer on May 28, 2016, 10:51:08 PM we seen from 2-3 days bitcoin rate is rapidly increasing.this is mostly showing that halving is coming.and it can be guessed rate will be double in 2 month. became The Bitcoin block mining reward halves every 210,000 blocks. I think it is the best time to buy as price are rising just as it was expected.Before halving it could be $1000 so even if we buy at today's rate,we gonna make good profitnow are you investing big money in for getting it double? Title: Re: halving is coming! Post by: mynameisdon on May 29, 2016, 02:33:43 AM we seen from 2-3 days bitcoin rate is rapidly increasing.this is mostly showing that halving is coming.and it can be guessed rate will be double in 2 month. became The Bitcoin block mining reward halves every 210,000 blocks. I think it is the best time to buy as price are rising just as it was expected.Before halving it could be $1000 so even if we buy at today's rate,we gonna make good profitnow are you investing big money in for getting it double? i am sure after halving bitcoin rate will dumped in single hour. Title: Re: halving is coming! Post by: soyab0007 on May 29, 2016, 07:51:32 AM what about the transaction time at that stage?
Title: Re: halving is coming! Post by: Divinespark on May 29, 2016, 03:09:58 PM I don't know what will actually happen when the halving occurs. What I am pretty sure about is that the price will continue to rise over the next few weeks leading up to the actual halving
Title: Re: halving is coming! Post by: soyab0007 on May 29, 2016, 07:31:59 PM I don't know what will actually happen when the halving occurs. What I am pretty sure about is that the price will continue to rise over the next few weeks leading up to the actual halving so price will continue to rise till halving time which is 10th july? Title: Re: halving is coming! Post by: btvGainer on May 29, 2016, 08:27:14 PM I don't know what will actually happen when the halving occurs. What I am pretty sure about is that the price will continue to rise over the next few weeks leading up to the actual halving so price will continue to rise till halving time which is 10th july? Title: Re: halving is coming! Post by: bitcoinisfurture on June 01, 2016, 06:42:01 AM we seen from 2-3 days bitcoin rate is rapidly increasing.this is mostly showing that halving is coming.and it can be guessed rate will be double in 2 month. became The Bitcoin block mining reward halves every 210,000 blocks. now are you investing big money in for getting it double? Yeah halving could be one of the reason for price rise, but mostly its controlled by China. Huobi and OKCoin, two Chinese exchanges, now collectively account for some 92% of global trading in bitcoin. The surge in bitcoin buying this weekend could be the latest sign of how Chinese investors are moving money between asset classes quickly in search of high returns. Title: Re: halving is coming! Post by: btvGainer on June 01, 2016, 11:40:33 PM we seen from 2-3 days bitcoin rate is rapidly increasing.this is mostly showing that halving is coming.and it can be guessed rate will be double in 2 month. became The Bitcoin block mining reward halves every 210,000 blocks. now are you investing big money in for getting it double? Yeah halving could be one of the reason for price rise, but mostly its controlled by China. Huobi and OKCoin, two Chinese exchanges, now collectively account for some 92% of global trading in bitcoin. The surge in bitcoin buying this weekend could be the latest sign of how Chinese investors are moving money between asset classes quickly in search of high returns. Title: Re: halving is coming! Post by: bitcoinisfurture on June 02, 2016, 06:56:17 AM we seen from 2-3 days bitcoin rate is rapidly increasing.this is mostly showing that halving is coming.and it can be guessed rate will be double in 2 month. became The Bitcoin block mining reward halves every 210,000 blocks. now are you investing big money in for getting it double? Yeah halving could be one of the reason for price rise, but mostly its controlled by China. Huobi and OKCoin, two Chinese exchanges, now collectively account for some 92% of global trading in bitcoin. The surge in bitcoin buying this weekend could be the latest sign of how Chinese investors are moving money between asset classes quickly in search of high returns. Not sure if they are buying in anticipation of halving, since they hold 92% and know people would be buying considering halving. So currently they are buying and they make take profit and sell out before halving or just after halving and possible price fall may take place. Since they will book the profit. Its just one of the possibility. Title: Re: halving is coming! Post by: btvGainer on June 02, 2016, 10:40:28 AM we seen from 2-3 days bitcoin rate is rapidly increasing.this is mostly showing that halving is coming.and it can be guessed rate will be double in 2 month. became The Bitcoin block mining reward halves every 210,000 blocks. now are you investing big money in for getting it double? Yeah halving could be one of the reason for price rise, but mostly its controlled by China. Huobi and OKCoin, two Chinese exchanges, now collectively account for some 92% of global trading in bitcoin. The surge in bitcoin buying this weekend could be the latest sign of how Chinese investors are moving money between asset classes quickly in search of high returns. Not sure if they are buying in anticipation of halving, since they hold 92% and know people would be buying considering halving. So currently they are buying and they make take profit and sell out before halving or just after halving and possible price fall may take place. Since they will book the profit. Its just one of the possibility. |