Bitcoin Forum

Which is better: Invest my Bitcoin on legit mining sites and purchased power before the halving because it is currently cheap or save my bitcoin and trade it after the halving because its value might be doubled?

If you're talking about cloud mining websites, it is best to stay away from those as there are quite the number of scams in that area.

You should be using your bitcoins and not trading them back to fiat which is pointlessly redundant.

You mean trading bitcoin is not advisable? But why? Some says that it is one of the easiest way to earn. You will buy low and then sell high just like in stock market.

You view this wrongly. Bitcoin is supposed to be a currency. What you are doing is the equivalent to:

• Buy EUR with USD.
• Wait for EUR to be more valuable in USD equivalent.
• Don't buy goods with EUR -> convert to USD to buy the same goods that could have been bought with EUR.

Unless you plan on engaging in trading constantly (in order to try and keep profiting from the volatility), then the last step is redundant.

Normally,if we invest on mining site,we can't get profit directly,and can't get our full bitcoin when halving come,so wen can't trade with high amount.but if we hold bitcoin until halving come,we can directly trade bitcoin,that's good.

Better is to go after halving, because based upon the effect on the halving mining sites will fix the price. So accordingly you have higher possibility to get additional income.

Well I think that you have already missed the train if we talk "before the halving" since the pump has already started... Well there may be a few tickets left, but the spots that you will seat are risky and you may fall from the train devastated... I'm not saying it's too late to get in the train, but you must decide if you are willing to loose some bags, before arriving at the desired destination  ;D Now the other scenario that you suggest and that will be "after the halving" is in the future and so far no one seems to know what the future may bring  :(

Everyone was hoping that the value of Bitcoin will rise a lot in the halving but not that many people are now happy with the value because it was also a long time stable.
So it didnt change that much but it will be still higher than it before was so that is nice.

legit mining site? i don't know any of the cloud mining site are actually legal. Be aware of the fact that no any cloud mining can sustain for longer period if they fail to get new investors daily. Better you just buy bitcoin before halving and sell after halving.

Stay away from mining, buy bitcoin and hold until you think the price is right to sell, or to spend.

Don't give too much attention to the halvening.

well i don't think that you should in invest in any mining site, because it's profit is usually pretty slow and with halving in 1 month only you will want very fast profit

so i think that you should just buy bitcoins now and keep them in your wallet, this will be much easier and maybe will bring you more profit than with other way that you think about

I feel like there will be a an upswing in value of Bitcoin after the halvening so might as well just hang onto them.

It is not wise to invest your bitcoins on any mining sites generally because 99% of them are total scams.Even if you find a good legit one,after they have recovered their money ,they will have to dump the business one day.The crazy rising of the prices is just an indication for your coins to be at their safest place that is your wallet.Don't fall for silly investments right now,buy more bitcoins and sell them after halving that's how you can actually make good profits.

people will not suggest you to invest your bitcoin when halving nearly come,you have better to hold your bitcoin until halving,or at least until a month after bitcoin halving,and if you got some profit from bitcoin trading,then keep that money for waiting bitcoin price low again,then buy bitcoin and invest on legit cloud mining.

Before the halving it was allot easier to mine the coins for sure but now im mining that slow i think the small miners needs to stop because it is only profitable for big mining companys with allot of miners small users can better stop mining.

You can now see that the value of Bitcoin is rising slowly now before even the halving so that is really nice but it wont be that easy to predict the value of Bitcoin.
But the halving will be not that best and not that bad also for Bitcoin.

Then it is much better for me to save my bitcoin for now and wait after the halving? Is it still advisable to invest on the mining sites after the halving? If not, how can I earn more Bitcoin after the halving if most of the mining sites will stop operating?

Don't invest in mining sites. Most of the time you'll only lose money. Just but btc and hold, look to sell in the 2k range.

If you haven't gotten the point yet, here it is: don't invest in mining sites. They are ponzi sites that will eventually collapse and run with your money; if the cloud mining sites are legit, then there is practically no way that they're profitable. Just steer away.


You mentioned one way up at the very top; start trading bitcoin. It can be a risky business (twice as easy to lose than to earn) but once you learn, hopefully you'll earn a couple coins here and there.

The other way is to get a job. Online or physical, it's up to you. Use the money that you get to buy bitcoin (or get an employer that pays in bitcoin) and ta-da! You have more bitcoin.

Yes trying to learn about the trading industry. I already earned a couple of Bitcoin. I'm still looking here for an employer that can give me a job I can work out. Thanks for your advice :)

Correct. However, some people are predicting that the price will rise into a few thousand USD per Bitcoin which is both irrational and overly optimistic at this point.

Depending on your age and areas of expertise, if you aren't a decent trader already you would most likely end up wasting your time. Trading is risky by itself.

BTCT is not the right place to look for a job.

before the halving there where allot of people mining but i dont think that is the best way anymore now. There are allot of small groups witch are mining but it is only profitable for bigger mining companys with allot of servers.

the only problem is we were around 300$ for so long before
the halving started getting closer.  Now its almost doubled
so getting invested now you may of missed the boat. I could
see some sell off around 600 as people take profits and it hits
that resistant level.

That what will happen to people,between miner and bitcoin,miner start mine bitcoin as much as they can,and then stop for a while when halving come,and after halving they sell their bitcoin,and make market flooded with sell orders.

both can be good and bad.

if you hold your bitcoin and sell after the halving when the price is higher you can get a sure profit but also it can take a longer time than you expect to reach this profit.

also the cloudmining can be good only if the service is legit, for example something like cex.io (which has paused their service) and this can only be profitable if the price goes higher.

okay so you think once the price hit $600 , the price will continue up very fast or reverse direction down to the hole.
i don't think $600 are the resistance point , current situation tell me that $1,000 are the resistance point.

Mining blocks will have same transaction fees only whether it is before or after halving. Mining is always good at both small and large scale, at halving time bitcoin mining will reduce to half of the bitcoins as of now. As like price also will get increase to the double the range However it is profitable to all.

Before halving more people will save bitcoin,
After halving i do not know if they still saving their bitcoin or going to sell
and also i do not think that the price of bitcoin after halving will fall down at below $500

it might come but if it does it wont be below 450 that is bottom line for now
i hope to stay at the current level but estimates are that it will rapidly go up and then will go back to 500

its not a wise move to invest into mining for now, as a lot of member confessed that there were so many fraud mining site,and you cant earn that much in mining, so i suggest you to just keep your bitcoin and let see what will happen after halving, if the price is high then sell it,if the price is not that high you still can use bitcoin to purchase things

right, you may lose your money if you invest in mining sites. very good to collect bitcoin before halving, and after halving re-sell bitcoin, and I guess the only good car is using bitcoin that you have today to play trade

I think it will be better if you hold your bitcoin. You can get more profits than buy cloud mining power. I have bad experience with cloud mining so I think better to stay away from cloud mining. Most of the cloud mining websites are ending up in scam. My suggestion is to hold bitcoin and try to buy more in less price, sell it when bitcoin reach your target.

Just keep holding your bitcoin until halving and youll continue to work for your bitcoin because earning bitcoin is the best than buying, after halving thats the time if you still holding your bitcoin of sell it.

Its better to save it and trade it after block halving or wait for more price increase before you trade and sell it.. cloud mining for now is not profitable and most of them are scam so beware don't invest your money for nothing there's no free service like cloud mining are giving for free to earn others.
They are just tricking us to invest our money and run..

Saving or hold it would be the best way to do. My currency strategy is to sell some coins after the halving and buy back cheaper.
Then do the same thing next year or after a new pump happens.

All of your advice are noted. I'll wait till the halving before I make a move. I hope that this halving will be profitable to all.

Yes the bitcoin halving is in it's way, and investing in cloud mining is never a good idea as most of them turn into scam!!
Better to hold your bitcoins and trading after increment in price will be a good idea from my own experience.

Yes that's right holding your bitcoin is much better than putting it on HYIPs or investment sites because as of now there is a high possibility that they will turn to scam within a week if they get their target amount of bitcoin.

nowadays the best investment is the holding of bitcoin in your wallet as till the halving the price will increase at a highest speed and everyone will see his/her money double up, after that I think you should have to start mining, and I am also hearing that a umber of miners will leave mining because of lowering the reward so you will earn better.

Looks like we may be over $1000 by this halving.

Based on what I read , mostly said that bitcoin halving will have a positive effect to us. Maybe holding your bitcoin is really the best thing to do.

of course its the best thing to do. Bitcoin is going to go parabolic and we are all in for the ride.

I think after halving the trading will be more beneficial and more people will be involved in bitcoin trading , as at that time everyone will sell and buy bitcoin on large scale so there will be a large profit in trading.

before halving you must buy more alt coins then sell it after halving

i think you can make more bitcoin by this trick

i recommend CREVA,ETH,DOGE,LTC&RBIES

The halving will be not that bad and that is because you already can see now that the value of Bitcoin started to rise so that is really nice for people with Bitcoin.
But it will be really hard to know what is going to happen in the halving because the value is always changing.

yes, its going to continue its rise over the next month then shoot up like a star when the halving kicks in.

im excited for this last halving i just started with btc and now i fully waiting for my first big one
i must say that i expect most out of it and hope to see it at new high

Before the halving is was many times easier to search for a block to mine the bitcoins but now the halving brings bad things for the small miners i dont think it is really profitable for them anymore.

Maybe the effect on the small miners will be negative after halving.

Before the halving it was really easy as you can see the miners where really fast but after the halving it has changed because the block are doubled.

Since the large mining companies will make less money if the halving happens and the BTC prices stays the same I think the current rise we are seeing is somewhat related to them manipulating the price.
It also benefits all people holding BTC as we see our value goes up.   ;D
I don't think we have seen this top of the current rise, If had to guess I would say somewhere in the 700-800 range is where the mining companies would consider a minimum after the halving.
Let's all hope it goes higher!!!

One comment on Cloud Mining that I saw mentioned early in this thread.
I agree that a vast majority of "Give us your money and make x% per day" offers are nothing but scams, more of which seem to be popping up recently, I have been able to make profit by buying hashing power and pointing it at mining pools.  But be aware the margins can be very small and it takes some effort to make anything.

I think that the value after the halving will be a bit higher than before and that is because you already can now see that the value of Bitcoin will be more worth so that is nice.
But it is really hard to predict for what will happen and that is just the risk that you should take to hold it until after the halving.

I personally expect same price change as in last halving in 2013
everything point in that direction and i hope it will be like that so my opinion is that we will hit maybe 1000 before halving

I don't think any of us can expect what's to come in the next few months. My get out price is $1600 a coin which I believe it will get to, I just have no idea when it will be. A year, two, three? Happy to sit it out and wait for the glory day. My question is, when that day comes, I don't want to covert to fiat when that times comes.

I've been looking at plutus.it . I'm no shill but it's a great idea. Contactless tech in your mobile. Tap and go for goods with bitcoin. Sweet. Not sure I'll invest in the crowdfund but I'll expect to be a user in the long run.

yeah all the indications of the rise is here but i think this time the price will go so much higher.

last time this rise happened there were a lot less investors in bitcoin and now a more people have been buying bitcoin and a lot more whales are in it for the profit.

I think it's better to hold your bitcoin and just wait for more price increase like $900-1k per piece and invest it on legit mining sites because i'm sure that's will be cheaper than the price now.

That is good idea. I will hold the bitcoin for the long term. I might sell some when the price is over $1000 or more.

Yes, it is true he should have to start trade after halving as now he do not need to do anything with bitcoin and will earn a good profit as the price increase with the time till the halving.

before halving the rate is increasing day by day but after halving i thin the rate will come down to certain limit. if after halving the people create panic and they use to sell their bitcion at the same time the a panic will be creat and the rate will fell down. but if they manage to hold their bitcoin i think only then the rate will ge some stability.

Yeah that's right after halving many users will sell their coins because they think that it's the right time to sell it but they don't know that it will cause for a huge dump for the price.

Yeah that's possible and have a high possibility of reaching to that price because even though that it's not already halving the price is reaching for $800 per piece.

Yeah on cloud mining sites there is a high risk of getting scam because it's very tempting to other site especially cloud mining to turn to scam because they think that mining bitcoin is not profitable anymore.

Exactly the quoted price is truly possible, as most speculations price reaches more than $1000 without doubt but the real part is that after halving price surely decreases and stabilizes around a good price.

1000 is in the making. But it should happen for the halving. If it we don't see that happening I doubt it will happen this year.
At this moment all is focused on the halving and the halving alone.

I also think that after halving a large number of people will buy and sell bitcoin so every exchange will be more efficient and within a day a trader will earn a bigger amount of profit and will be millionaire sooner.

Now that is very optimistic "millionaire", good for you!

IMHO, only due to the halving, other factors aside, the price will stabilize somewhere in the 700 to 800 USD range.
This will allow the miners to be profitable, which sustains the blockchain and allows our transactions to keep flowing.
I also think it is not out of the realm of reality to think some of the larger miners are playing a role in the rise we are currently seeing.

This one is the closest to reality :) everyone is being too optimistic to the upcoming halving. I hope they would not be disappointed after it.

There are enough of 'visible' events causing bitcoin price to go high already.
Claiming that there is hidden agenda of miners which behind our back are pumping price like crazy is a bit too much.
Bitcoin is undervalued as crazy, people started to realize that. Miners don't have to do anything.

Ok, well I do not advise buying mining gear until you can fully understand what numbers like difficulty and price we will be dealing with as well as there will be a lot of hardware for sale after the halving I imagine. I'm waiting for those things also. It's tough to say whether you should sell before or after the halving as it is unclear what will happen on the day of it. Could go either way.

Honestly there's no legit cloud mining sites its better to purchased bitcoin when the price is below 500 but for now its too late to buy.. but if you can afford to lose you can buy right now because many people are still believing that price will increase before block halving still not done yet..

I think that the price will probably be at its highest point after the halving. But you gotta be patient with the price you know. It's not going to jump from $600 one day to $10,000 the next.

Be patient and hold. You'll be rewarded, trust me.

a small but constant improvement is what I want. I better get a little profit but stable. rise 10 USD per week is a good achievement in my opinion for bitcoin. I do not want bitcoin prices fell back.

yes i agree with you. benefit not only looking for great things. constantly getting better every day. so the income that we get back we can use to invest. continue to invest and we will get a lot of money.

I am not saying it's a hidden agenda, or that I am right about it.
It just makes sense to me, large miners are about profit. The halving has the greatest direct impact to mining profitability, cutting it in half instantly.  I am sure they think about it.
Now it is true that I am an infrastructure kinda thinker and I am too simple minded to understand everything that is moving BTC but, I do understand profit preservation.
I really hope the rise we are seeing is not only about the mining profitability and other factors are more important and this is more about the markets being behind the current perceived value.

EDIT: Some Grammar errors, I need to check first and not post right after I wake up.

Its Best to Keep it as they are. Dont Trade. Dont Invest.

Its Price will surely Skyrocket after the Halving if the Demand Remains the same.

i also think it is better to hold for now, but mining is profitable invest there if you can

Online mining is sh*t. Either you earn a very slim amount or you don't earn at all (you might even be paying instead of earning).

I suggest holding before and after and see how the market goes.

Basically this is the truth about cloud mining. I invested in *legit* online mining before just to find out couple months later that they are not that legit as they advertised.
They were paying some money to their customer but it was not exactly what I signed for in the first place.
Investing in any mining operations, either hardware of cloud mining now - 3 weeks before potential huge mining meta shift is not wise idea.

large miners are about profit . The halving has the greatest direct impact to mining profitability, cutting it in half instantly. All this is hard for Miners but the Price will help us out!

Just buy BTC

No it is not the time to buy alt coin, but have to buy bitcoin as much as he can, because the price of altcoin decreases as the price of bitcoin increases and it is sure that bitcoin will increase in value this whole year.

Before the halvin it whas quiet easy to mine the bitcoins also for people who are working with a small amount of miners now they can forget it only bigger companys would make money with it.

before the halving there where allot of people just mining coins but after the halving it is not any profitable for small miners anymore so i would say stop mining.

The value of Bitcoin is keeping a higher value but it will be really hard to know what is going to happen in the future with the value of Bitcoin.
And that is because there are still a lot of people that want to use Bitcoin as their payment method and maybe the price will be higher in the future after the halving.

they will probably go to some alt to make some profit i dont think they will stop
they can still make some profit every month from it not much but it can still be

Before the halving it was more profitable for people to mine them because the block where easier to search and now it is not the best thing to do after the halving.

You gotta understand though, people arent aware if the bitcoin prices would hold which explained many people selling it off.

Let alone having VC money coming into theses years way back when..

Do you still think mining will be profitable after halving for small Miners. I dont think so......

before the halving it was quiet easy for the miners to search the blocks and mine coins but after the halving the blocks are halved and not so easy to search for anymore.

Let us wait and watch out about the halving. As the days are getting closer prices will dip and rise by many dollars. Should be good post halving after couple of months time.

Hold it guys. With the halving around the corner, its just a matter of time, btc value sharply increases. Also there is a speculation going on related to Britain leaving EU and this will have an even more impact on the btc price. Things will go huge with these two and its best to hold until btc has reached its all time high value.

Before the halving it was quiet easy to mine coins becasue it was going really fast like 0.3 each 3 days or like that and now it will go twice slower.

After the halving, you will get less than 50% as the difficulty will rise a lot due to the introduction of more efficient miners.

Well i have to say that your first plan to invest in mining was good when price was 400$ and lower, but now when price is 750$ it's bad plan

Now i think that you should just buy some more bitcoins and keep them in your wallet, and after price rise sell them and you will get profit

Yes, You certainly need to keep hold of your BTC until after halving. The price will once again increase soon enough. Just wait.

Before the halving it was quiet easy to search blocks to mine for but after the halving there will come allot of people who are not interested into th emining any more.

Before the halving it was realy easy to mine bitcoins and it went fast but after it more people will stop minign becasue it is not profitable for them anymore.

before the halving there where allot of small users of bitcoins that was mining but aftter the bhaalving is wont be profitable for them anymore to mine becasue the blocks are halving.

my question are what will happened if the difficult keep increasing in the future and bitcoin supply almost empty to mined. will it make bitcoin price keep increasing too?

or just die , dissapear and lost its value?

Before the halving is was allot easier to mine for the small miners becasue the profit was just great. But after the halving i dont think
they are very happy with the profit and the smal miners could better stop because they are not making any profit anymore.

this is one of possible scenarios i think that this may be like last year for small miners when there were on "0", just hope that it will not come to that

yes it is a fact that the price can be doubled after havling. but i think after halving the market will take a little correction. most of the people will start selling their holding bitcoin and then the price will comes down a little. i think the market will give you a change to buy bitcoin in a low rate. there fore i think you shoul wait a little.

The price doubling is correct, but it's not the current price, it's the price where bitcoin was before 300ish.
Don't expect the price to go to 1300 because of the halving.

So PsursV, if you don't know what you are talking about, it's better to avoid giving trading advice...

I think this time we've seen the difference directly. before halving, bitcoin is still considered dead by the media, but after halving, the media began to focus on bitcoin, and even paypal

Because it is cheaper to puchase in cloud mining does mean that you will get a huge profit, most of them scam, but I would suggest you to save your bitcoins, maybe trade now if you think that you can increase the volume but the price might or might not be doubled after the halving.

after halving i don't think that the price of bitcoin will fall down, because at that time the supply will be lowered and with that situation everyone know that the price increases, not decreases.

You simply forget the hype around the block halving that makes people go nuts. I think at this point the hype stands for 10-20% of the current price. And guess what will happen once the halving has taken place. ;)

thank you allfor your advice. im currently saving all of my bitcoin and waiting till the halving. i hope that this halving will be profitable to everyone :D

Always remember never to invest more than what you can loose. There is still a good amount of uncertainty in the upcoming halving event. No one knows if the price will rise or fall. Most people's basis is simply supply-and-demand.

Yeah we can't predict about the price if it will continue to rise or fall down. But i think we need to be smart on choosing when we gonna sell our coins because anything can happen, for me $900-1k per piece is a good price to sell our coins and secured our profits but it's still up to you guys it's just my recommendation.

For me after halving cause we didnt know if the price will go down because of halving

But I think the value of bitcoin will increase to a higher amount so it does not matter that the reward of the miners are reducing as when they will earn smaller amount of bitcoins they will still get the same benefits out of that which was before.

No one should have to wait even a little if they want to buy bitcoins, as now if they wait then they will lose the opportunity to earn a bigger profit which the halving will bring for us in the coming weeks.

we might not have rise on halving and after we might have bigger price change but this doesnt need to be it might come to that we have new big high on halving and big drop after that

It will be better that some of the miners leave to mine bitcoin, so in this way the supply of bitcoin will be reduced and the demand is already high so the price of bitcoin will reach to the moon, on all the exchanges.

Before the halving there where quiet allot of miners who booked allot of succes and nice profits.
But after the halving they wont make any profit anymore only the biggest miners will book profit with enough servers.

Beore the halving it was quiet easy for people to search for blocks to mine for you know. But after the halving
it is quiet difficult to search for blocks because the numbers are getting longer so your pc needs to think longer before he found one.

and with that the small miners will leave to mine, as they will need more energy to mine than what they will earn, then the supply will be decreased and the demand will be the same as is now and so the price of bitcoin will increased to a higher value.

That could be one scenario. But the price of bitcoin is mainly determined by the adoption. If nobody uses it, the price will be low.

I do not believe if after getting a halving the bitcoin price is getting an high value, it's not easy for bitcoin price to increases significantly after getting halving. I sure the price will increase with slowly.

Don't think many people will complain with a slow but stable growth spreaded over the rest of this year. We've seen the price go up a lot already. So yes, let the price increase slowly so the growth will be sustainable.

Well, this is will need a big patience for the wait that, because we don't know a higher standard price will reach. I sure the price will go up but until the many prices they can reach became a questions.

I buy bitcoin when i need to purcase something ., i save the btc dust.
Works fine.

Cloudhashes and ponzi are not the way to go., more like gambling

Before the halving it was quiet easy to mine the coins your pc was quiet fast you know but after the halving your computer needs to
search allot longer for blocks than he did before so i dont think it is really profitable anymore the mining.

Price again nearing 700$ so halving effect and it should cross this and might be rising till halving and again back to the fall after sometime of halving.

Now/before halving the price are continue rising and it brings to us more profit but before halving we do not know what will be the price even though we are expecting that the price will remain higher or will continue rising to be good in future.

Yeah, once again price is getting closer to $700. Now the price is getting more stabilized compared to the past times increase. So possibly the next sudden increase might take bitcoin to cross $900 before halving which might touch 4digit value after halving.

I hope it happens, I just expect bitcoin prices will keep rising before it even after halving. bitcoin prices never go down after halving, and when it starts to rise, I hope the price of bitcoin until at a price of $ 800, it will be very good

well because halving will happen in 2 weeks only now,  i don't think that you should invest your bitcoins  into mining or any other site as you won't get enough profit before halving

so you should just save these bitcoins not in your wallet, or maybe even buy more if you can do that and just wait for halving, price of bitcoins will rise then so you will get profit

It's too close to the halving to know if the price will go up any more afterward. We've had increases already. It's good to have some cash on hand and some bitcoins because it could go either way.

Are you earned more btc by trading than mining?

my personal view is that before halving the price will cross 1000 USD and after halving the bicoin will keep maintain its position. but we have to wait tell halving after that the actual result will be displayed.

we can't predict what will happen but there is are possibilities that bitcoin will not maintain it's position after halving because as other users think most of the shareholders will sell their coins if the price reach to that point to secure their profits.

well you can invest into mining, and you will get profit, but i don't think that it is good idea because you won't get lots of bitcoins to get ready for halving actually

but if you will get somehow bitcoins in this week, then i actually think that your idea is pretty good, but  i think i would just keep these bitcoins  in my wallet and wait for price rise

for mining maybe you should wait after halving, because after halving the number of reward for miners will be reduced.

currently better to buy and wait for halving, or trade it will always be good.

And besides to found cloud mining services could be very difficult at least so it has seen so far, Yes I think that He could take your advice.

Well if you have already i miner its better to start mining right now because the block rewards still high than waiting for block halving to start mining you can only get reduced mined 12.5 btc per block so its better to start right now before  block halving ends..

If your electricity price is less than $0.05/kWh, you can mine, otherwise, it is better to just buy the bitcoin.

and if someone want to go there then I will suggest that they should have to join at least faucet if they do not find any other place, as gambling is ponzi is destruction of your time and money, so faucet is more and more better than it.

If you do not have a miner, do not buy one if your electricity price is high. If you already have one, just use it.

Yeah don't invest on mining if your rate on electricity is high because it will not give you good profits. And if you already have mining hardware it's better if you mine altcoins like ethereum because it's easier to mine and also has a good price in the market even it's dropped a little bit.

Yeah mate i couldn't agree more with you, for this time minning is not a good choice. In my opinion buy bitcoin in the low price before halving and then sell all of it while the halving happens.
But can not agree 100 percent with you about the price of ethereum, it price is constantly goes down during this few week. Even i heard that there was an issue that dao is hacked and it was gave terrible affect for dao also ethereum.
Maybe it is potentially loss if we trading with ethereum without good strategy or know how to avoid loss ethereum in this situation.

It is only almost 2 days to the halving! I cannot wait so long haha.
I have bought some bitcoin,and im ready to look what is going on just short after it,im soo curious!

Now already ew are seeing before the halving what is happening, What happening means the price of the Bitcoin is increasing as like before. After halving, i think our past will repeat, but I am not sure to let's see. But one question is last time it went down till 200$ and stabled for 450$ so this time, where it will be stable, i don't know.

Almost halving time is neraby and markets started to dip again and close to 600$ as well. Lets see how much more dip it will take.

The halving is just 9 hours away, the bitcoin price is still around $650. I think it will be around this level later.

Better purchase bitcoin during halving and go trading, than investing it on mining site. You can gain high in trading 5% to 10% per day gain is good.

I don't think investing in mining sites is a good idea at all, no matter if its legit or no. Simply its cloud mining and we all know what can happen with cloud mining services.
Anyway to answer your question, better is to wait with that investment. Now we expect price to rise, and if price rise a lot cloud mining services will be in a problem. That can ruin some service and cause of that is better to wait halving to pass and situation to stabilize.
This is safe way in my opinion, less profit I know, but safer for many reasons. Everyone can try to risk a bit, and that is not so safe way, lot of risks but profit is much higher. Choose what you feel is best for you.

Yeah. I'm now not into mining and HYIP. i got scammed several times and I learned my lessons now. I'am currently involved in trading, though I'm still in the studying stage but I'm already earning from it. And also, I do some gambling sometimes. Of course, I do it only for entertainment and pleasure. I highly suggest that it is better to invest in trading rather than HYIP and mining sites :D

Yes,in view of what has happened, invest on mining sites is not good idea at least at long time.

I see that you are smart men,you can accept you're loss and just move forward,to get
even bigger profits,and bigger returns.
I know many people who got scammed few times at hyip/cloudmining and they keep doing it because " it has to work" ...

I know because that is how an investor or businessman should think :D if they failed on the first try, then try again but if you failed again, think of other way to earn. you should always have another plan not just "plan A". The alphabet is from A to Z so there are plenty of ways how to earn. You just need to study it first and apply the lessons you learned from your previous mistakes :D

after halving nothing special price with bitcoin, bitcoin not up extrem,
bitcoin price stable not suprise after halving

Traders learning from their mistakes is how it should be. There are a lot people that keep making the same mistake and thus lose money, and still don't know what they did wrong. These people should stay far away from any kind of investment. It's better for them.

You have a simple think about the halving, in every place, I saw the people have the same thing with you. for halving will never giving any effect for bitcoin in a short time. it's a long term effect and from this situation, we know if the price of will remains stable just for a few days after halving.

entering trading without experience means losing -5% to -10% per day instead, trading is a good way of making profit but it needs some expertise because it is a hard thing to do.
and also i want to add that investing in mining sites is the worst idea you can have for an investment.

how can i learn or gain experience through trading if i will not enter on it? can you teach me more how to do the trading? actually i already have account on yobit, c-cex and bittrex but don't know what coins are good to trade. i also stopped investing on mining sites because i learned that almost all of them are just HYIP. im only on trading now and sometime i do some gambling.

it's why a new user without experience in trading is just required a low amount to do that. if it's only a little amount you will not worried if anytime you get a losing every day until that amount is empty. and after you have some experience in trading you can starting again with more amount to get back your losing amount.

I thnk now you have to start halving as now the number of miners will decrease, as the reward is now half, but they do not know that they will still get that much amount which was before halving as the price of bitcoin is doubled already, so I think you do not have to miss this opportunity.

The mining difficulty is still rising. It will rise 0.7% in the next few days.

https://bitcoinwisdom.com/bitcoin/difficulty

Wether before the halving and after you can finely turn you bitcoin to cash if as of the time you bought it was cheaper to the present rate.

We Can turn your bitcoin to cash any amount (Naira).

Yes actually before halving it was good. People made some money in that time. The price also impressed and increased up to 800$. I thought after halving it will cross 1000$, But it's stick with near 650$ from last one month. So I don't have any hope that the price will increase in coming days. After halving, it is very disappointing.

What you said is right..this time it was very low value, when compared to 2009 halving.BTC

It is not the right time to sell our coins if we want to earn more profit with that,

I also was going to sell my coins after halving but one of my friend suggested that not to sell as the effects of halving has not been started and it will start sooner so with that it will start and so the price of bitcoin will increase more higher.

actually even before the halving started, i already invested my bitcoins to some trading and gambling sites and they are earning now. you just new enough knowledge regarding trading and you will earn from it. and to gambling you need a good strategy and you should know when to stop from it to avoid losses

until now there has been no change. halving effect does not seem to exist. some people were already pessimistic view bitcoin prices which did not increase in the last few weeks.

Just 1 weeks later, after the halving comes, but in my analyze the miners not feeling about the halving of effect... maybe it's will take minimum one month to give a some impact... but don't become pessimistic person about that, because all of that cannot to predicted and still have a chance to happened at any time..

I'd say save your bitcoins and trade with it after the halving because the price would have gone higher.

The higher price makes new investors more cautious, for example has been a long time and still has not been reached the $1000 again.

considering how thing are going doubt that it will come to 1000 in next few month maybe we will go over 800 for some time or just short period but that will be it at least until end of this year

you never know with bitcoin, like today that despite all the boring stuff in the past week price started to go up $20+ and still rising as we speak.
and about the rise i think this year the $1000 will happen but it takes a while before it starts and there will be a lot of shake outs to kick the weak hands out of the market and then go to the moon.

My opinion nothing much has been changed since halving and before, maybe a slight difference could be seen alternatively some earn some profit with it however I suppose the real changing of BTC will take effect within the next few months.

you are right mate. before the halving there are so much expectations like that the price of bitcoin will be double or it will decrease twice but really nothing much happened. it just stabilized its price at around $600 to $700.

this was the same last time and then after 4-5 months price went over 1000 maybe it will follow same pattern now i dont expect something different maybe 50$ price change and that about it for now i also expect real change by end of this year

The halving effect won't appear surprisingly or in one or two weeks , it will appear in the long term , because the community learnt from the previous halving . Now , they know that making the price solid is better than the fast increasing , so it will rise gradually by the time with the  new investments.

it's a predictable event -- traders and investors alike see a supply drop incoming, so it gets priced in. the real supply effects may not be felt for years (remember, only a very small % of bitcoin gets traded on exchanges -- chinese exchange volume is fake). so we could actually see the price drop for some time as traders don't see the expected pump in price post-halving.

yes today changes very little. many owners of bitcoin feel disappointed with the current situation. bitcoin only move 2% from the previous state. it was very small compared to the greatness of halving the previously often reported.

maybe we can feel the effect of the bitcoin halving after a few months. you are correct, many are disappointed with the situation of the last halving because many bitcoiners are expecting that its value will be doubled. even I did expect about it.

it depends on who you call "bitcoiners" because people you see mostly on this forum are just saying things without knowing anything about bitcoin, trading, price,... so their word doesn't really count especially because so few of them are actually investing in/trading bitcoin.

bitcoin price will start to change soon, but any effect that you may have expected from halving will need some time to show themselves and they may not even be as big as you were expecting. I mean it may not go to the moon but it will definitely rise.

in this case you should buy some cheap hashes before halving, but as we know halving is passed now and we see some Cloud mining site gone we had stopped investing anymore to those ponzi site.

its true buddy. lots of mining sites had gone already. that is why i don't invest into HYIP and mining sites anymore. i'd rather put my bitcoin into gambling sites rather than those scam sites. and right now i'm investing into trading sites.

It would be better to just hold the bitcoin for the long term. The bitcoin price will always rise in the future.

Holding is the only reasonable thing to do at this moment. If you try other things or sell your coin, the chance is big that you will regret.
Just have patience and keep onto your coins.

now it is 2 weeks after halving and i hope that you invested them as there's no price rise at all yet so you would have made lots of profit from it

actually i'am now investing on trading sites. almost all of my bitcoin are all in trading. i don't trust now investing my bitcoin into mining sites as well as HYIP and PONZI scheme because i got scammed several times from those sites. i learned my mistakes now and try not to let it happen again :D

While you are totally right to stay away from Ponzi or HYIP disguised as cloud mining. And actually halving does really good job, because many of fake cloud mining is easier to sport than ever now.
But don't think that investing is something you can only profit - if investing is LEGIT you can lose money while doing it. Only scam sited advertise themselves as 'risk free' investment.

Can you, please, share some sites you use for your investing purposes?

The halving has begun to be priced in months earlier the event,
so next time better to buy months before to increase your chances for higher profits.

This one is the closest to reality Smiley everyone is being too optimistic to the upcoming halving. I hope they would not be disappointed after it.

actually i'm a bit disappointed because i was expecting that after the halving, the value of bitcoin will increase and be doubled but the last halving seems no effect at all. still, i'm thinking that maybe the halving effect will be after a few months or so..

For now the price will stay in the $640 - $665 range for some more weeks. I think then the Bitcoin price will go down a bit and then go up to the $800 range. Hope it happens soon :)

wow! that's nice to hear bro :D i'm also hoping that the value of bitcoin will increase this upcoming weeks and by then, i'll invest more of my bitcoin into trading sites to gain more profit from it :D i really wish that i had known bitcoin since long before :D

The price reached $700 before halving making an indication that halving is coming, we all expect a good price rise after halving but it remains stable and now it is falling a bit little. Hope coming months give good price rise beyond this little drops.

look at the current state. there has been no change at all from the price of bitcoin. before and after halving the price remains the same. there has been no significant increase. all predictions circulating unfounded.

Agreed. The significant price increase has happened before the halving and then it went down. Pretty sure it would take a lot of time before the price of bitcoin make an actual rise. I think a lot of people are disappointed because it was believed by the majority that the halving would make a lot of effect on bitcoin's price. In reality, the only thing that changed significantly was the mining difficulty.

yes everyone is expecting that the halving will make the value of bitcoin to increase and be double. eventhough there are little drops on it's value, i think that there will be sudden increase for the coming months because many people said that we will feel the effect of the last halving after a few months.

Indeed! I know that majority of the people who use bitcoin are really disappointed. Let's just hope that the price drop and soon its value will pump and rise to the moon. I wish that something will happen in the next few months. Something that will be profitable to the majority of the people who use bitcoin :D

Well, I guess that's not entirely true. I think you also realize that at that time the price of bitcoin steady at $ 400 +, taip after halving occurs, bitcoin began to rise again, to $ 700+, but then went back down to the current price and re-stabilized. so, I guess halving brought little change in the price of bitcoin.

I agree. It didn't increase that much. Some say that it may a thousand but it didn't.

Save your bitcoin, wait for the long term. Cloud mining is a quick way to lose whatever BTC you have

there's almost nothing sigificant price changing. its all about our mindset on halving before.
but now, absolutely nothing happen.

That could be right. The halving effect already happened. So the price will rise due to people's interest.

i hope so. i really wish that the price of bitcoin will increase to the moon after a few weeks or a few months :D but still, many people say that the halving effect can be felt after a few more months.

I hope you didn't invest your coins in any cloud mining for most of them are ponzi.If you want to grow your bitcoin,trading is a good option but it involves risk also

actually i hate cloud mining now bro. i was scammed from it many times before.im into trading now and you are correct that there are also risk in trading but with proper knowledge about it, you can minimize the risks and the losses from it :D

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keep remembered that halving has been happened, the halving effect is still not occurred , and whenever the effects of halving start to occur , like when the demand is increased and the supply is limited, then the price of bitcoin will start to increase much faster and much higher.

Before the days of halving users expected steep increase, but nothing happened as predicted. On days after halving the price experienced minor fluctuations and became stable. For this reason now most users expect for gradual increase in price and touch $800 by this year end.pls p

Actually may see movement the other way around. I'm still surprised the there aren't much selling that went through right after the halving.

There is no any increase in the price of bitcoin neither faster not gradual, but it is only around $650 and there is only fluctuations on smaller scale, It has been predicted that the price of bitcoin will increase in the coming months but I want a gradual and continuous rise in the price of bitcoin as with that there will be no any bigger sell occur and the price will not drop down deeper.

correct bro. there is no big impact on the price of bitcoin from the last halving although many people assumed that the value of bitcoin will increase double after the halving. the last halving only stabilized its value at around $650 and they say that there is a big possibility ofincrease in the next few months.

The halving is over, so there is no urge for the price to meet a certain value. At best we will see the price above 600 dollar.
At worst it may fall to 400 dollar.

well, let just be optimistic. we should look on the glass as half - full and not half - empty. we should hope the best for bitcoin and wish that for the upcoming months, its value will increase more so that everybody will be happy about it :D

I'm always feeling optimistic about the price of bitcoin but just hoping is not the best answer for this time, if you can doing small things for giving contribution for bitcoin.

The supply of the new bitcoins will be reduced in the next 4 years, so as long as the demand is higher, the price will rise.

400 dollar is an impossible worst case scenario in my opinion which can never happen again, remember the resistance there was for the price to go below it. that resistance is now at $600 and even if it is broken, just like before it will jump back up in a short while.

Yeah, some are just manipulating the dumping of the price of bitcoin, But it can never go below $500 or so. Maybe in a couple of weeks or months. We can feel the pump of the price of bitcoin so that all of us holders will be benefited. I hope soon it will reach its peak. In trading, I am not that knowledgeable when it comes to resistance etc.. But I have a basic knowledge when it comes to the principle of trading. Cheers !

We are seeing a drop today, but I don't think it is significant yet. I could see it go to $400 but I doubt much lower. I think there will be too many people buying for it to take a huge drop.

why after halving is now bitcoin droop and down
before halving price bitcoin is 680 dollar every one bitcoin
is now price bitcoin only 490dollar

The price has gone down quite a bit because Bitfinex is hacked. The entire market is in panic and waiting for Bitfinex to resume trading. Right now two options are possible when Bitfinex opens up again. 1 The price will climb up and partly recover. 2 The price will fall down even more because traders at Bitfinex will now start with dumping.

only two option is accident bitcoin down
option one you hold your have bitcoin risk is down again you much lost money and price up again you can get profit
option two you sell bitcoin and your few lost money

expectation about price bitcoin after halving over value
is much people buy much bitcoin before halving
before halving bitcoin price is high value so after halving you can see price bitcoin not up go the moon

No it isn't. There's no instant result for whatever normal bitcoin event.

It will just become instant if we can see whales movement. Bitcoin halving effect if goes in a normal way, will takes time to see the effect.

many people says that the effect of the halving will be after a few months more. as of now, the value of bitcoin is decreasing but i know that it will recover soon and will increase its value again :D

The effect of the halving could be felt 12 to 18 months after the halving. As the demand will be higher then.

Please, teach me about the detailed reason is supporting abut your statement because I feel just making expectation  without a reliable data or source is useless in my minds. make another people is over hoping with that.

If you look at the price chart in 2012 to 2013. The halving happened in October 2012, the price was $12. In October 2013, the price was $400.

every information that you can possibly need is available to the public online. you can use google and find them all. there are many sites like bitcoinwisdom and bitcoincharts and many more that have good charts that you can analyze for yourself and decide what is going to happen.

That's exactly the type of delayed market reaction i am expecting to see now that new halving happened. But highly doubt we will have as much
hype and insane price spikes like back then, because there was much more than halving happening there, with willy bot and what not ..

So what suppose do you mean? you are relaying in the old graph to the present chart? honestly the price of bitcoin its normal that the price is dropping
is normal because bitcoin is unpredictable. and the price of bitcoin is always depens in demand and supply..

yes indeed everyone bitcoin predict the price will be very high after halving. but all that does not happen, even decline continuously. however, now bitcoin prices start to rise again. we hope that this is the right moment to make bitcoin prices higher.

Yes, though no one had with the bitfinex hack would happen next of halving.

bitfinex had been hacked? and it really happened after the halving? maybe that's just their alibi for being a scammer. the same with hashocean, the only difference is that hashocean was hacked before the halving and bitfinex and after the halving.

hashocean was from the very beginning seen as a potential scam, and it turned out they are indeed a scam. they used the block halving as poor excuse to stop their services and run away with the coins from people. bitfinex hack is not related to the block halving. it could have also happened after a year from now if it really was a hack.

thank you for that bro. i only said that because i really don't know a thing about bitfinex. and I only assumed that bitfinex being a scam is the same with hashocean. i apologize for that if I'm wrong ;)

It was expected before the halving that the Bitcoin's price will increase highly after this event, but right now the price just dropped down , and we still waiting for the high increasing

There is no long time passed since the halving, the price dropped down a while, but we can't judge now, i think that the Bitcoin's price will rise highly with time.

no worries. and if turns out that bitfinex owners are the thieves here (assuming they are not hacked), then it may very well be seen as a scam. even worse, same owners are still operating the exchange if it relaunches.

I feel the same for those who invested in bitfinex :'( I was also scammed before when I'm just a newbie on the bitcoin world. But I learned my mistakes now and I'm avoiding investing into hyip and mining sites. I'm now into trading :) I hope for those who invested from bitfinex to recover soon.

I have been scammed by vircurex, Mintpal, Cryptorush before. I lost about 0.5 bitcoin in the three exchanges.

sad to hear that bro but i really feel you :( we should learn from our mistajes and stop investing on HYIP, Ponzi scheme and mining sites. my advice for you is try trading or invest on the house roll of gambling sites :D

I do not invest on HYIP or Ponzi schemes. I just trade on those exchanges and they all collapsed in the past.

People first told that halving effect will be on the halving and we didn't find any great movements on halving in term of price. now people are expecting the price of bitcoins to rise at the end of this year. Lets see if this time bitcoins lives upto the expectations.

well, everybody is wishing the same thing bro : we all hope that whatever changes there will be about bitcoin at the end of this year will be profitable for the majority :D

It is possible for the bitcoin to be higher later this year. The price could even be $800 in December. But it requires more developments.

At this point we need something that sparks the demand. It's difficult to name something that can do this, but even with the lower block rewards there seems to be a constant selling pressure hovering over the market. If this continues, then even $800 might not be achievable.

The only exciting news I can think of is the increase of the block to 2MB or even higher value. But it seems it is out of the agenda at the moment.

Do you really think that will have a long term impact on the price? I personally think not.

I think once the larger blocks get implemented, that it will make people happy, but not happy enough to buy up the price

halving no positive impact at this time. even the price tends to decline. I do not think this will all be in question.
because previously many predict that halving will increase the price of bitcoin.

actually, i surely think that the price will react positively at the moment the larger blocks update gets released. that's what everyone is waiting for right now. it will make bitcoin more interesting for large high volume merchants to accept it as payment option. right now they will definitely not jump on board as they see the blocks are full without much effort. i very much welcome it.

Are you sure? How about those long days where $500 is just a dream target. Those days where we stuck at below $500. You are only looking on your desire but didn't seeing what halving speculations really gives effect on the bitcoin price.

I was thinking the same thing. all things were predicted in the end did not happen. I've made a major investment scale in bitcoin.
and as a result I did not make a profit. even a reduction of almost 100USD happened. it was very painful for me.

you can not expect an instant effect after halving day happened, there always a process.

also about the down price it was caused by bitfinex hacked involved around 120,000 bitcoin stolen which anytime the hacker can dump the market and several investors too withdrawing their bitcoin to fiat as they feel insecure and panic.

Its best to stay away from these mining sites. Its better to sit on your coins for now. You could trade a few times which is what i personally am doing

thank you for that good advice my friend :D i was scammed a few times before from HYIP and mining sites. i learned my lessons now. all of the bitcoin i earned from the signature and twitter campaigns here, i put and invest them all to trading sites. you can minimize the risks on trading sites if you have proper knowledge about it :D

I'm still not sure if and when the number of miners will decrease, affecting the price. I would like to see some comments about it.

Directly after the halving, hash rate spiked down, but it quickly ramped back up, then even went to new ATHs. So if hash rate will drop as a result of halving, I'm not sure when we will see lasting effects. It seems that some investors are willing to keep pouring money into mining for the time being.

I also hear that KNC Mining is going to be bought, re-capitalized, etc. Not sure what implications that might have. Bitmain is also releasing a new miner aimed at "home miners" -- another interesting development. Not sure that we'll see the big drop in hash rate that many have been expecting.

Yeah those sites are cloud mining site and there is no cloud mining site are legit they are not all paying. just like investment site .
So in my opinion better to dont spend it or  invest it there..

thank you bro. actually i got scammed before many times from those mining sites and HYIP but i learned my mistakes now and i'm currently into trading. i'm also earning bitcoin by joining signature and twitter campaign on this forum and i invest my rewards in some trading sites.

No, halving has a positive impact that the bitcoin price is stable. Also note that price is not decreased because of halving. It is little bit on a low side due to bitfinex hack which happened a month before.

but it think that after a few more months, bitcoin will continuously increase in value. you are right that for now, its value is stable. i hope that after a year, bitcoin will reach $700. i think everybody will be happy by then.

I think the real investors in bitcoin are happy with the after effects of bitcoins. Although price did not rise much, but it is stable near 600$. It could have been stable at 700$ by this time but then the unfortunate incident happen of bitfinex hack.
Still bitcoin didn't collapsed after the major exchange was hacked and we see a lot of potential in this in the future too.

I think so too, those people who have invested when bitcoin is around 300 USD is very happy.  The reason is that after a year, they already doubled their money.  Well, we can see that bitcoin is now more stable in terms of sustaining its value even when a major exchange is hacked.  This is also a good sign than anywhere from now bitcoin price will start to climb again.

well, who wouldn't be happy if they can see that their investment is really earning. not just earning but been doubled in just a few months. i will also become happy if my investment will be double in just a few months. i think everybody is happy if they can see that the value of bitcoin is really increasing :D

Yes, the true investors who invested with bitcoin at least $100 and still keeping with it till now are the real winners. Not everyone made a huge profit but if you hold some decent amount of bitcoins then you made a great deal of money. But, the effects of post halving yet to take place. We just need to be patients like an early adopters to enjoy the real benefits.

In my opinion if you make Investment on cloud mining service, it will give pasive income and will need much time until return of investment. But if you buy bitcoin today bitcoin's price is still high, if you want buy bitcoin wait until month November. So depend on your choice, for me trading altcoins is more better than investing on cloud mining and save bitcoin.

Why November? Is this related to halving thing or something like that? Is something unusual will happen on November? ???

Anyways yes, altcoin trading is much better than investing in cloudmining. Both have high risk but you can play along with altcoin trading while on cloudmining you will just have to wait if they will pay you or not.

cuz last time when halving was nothing big happen on halving date then in November price went sky high from 200 to over 1000
believe that most here including me expect something similar or same at the moment so anyway is good to buy more

It's just that the rose back then happen during November but if that is the only basis then it's just a pure speculation with no valid support technically.

But yes agree with your last statement that buying more is a good practice if people feels that the current price is reasonable to make some another rounds of buy.

before halving trend bitcoin price up because expectasion use bitcoin high and much buy
after halving corection price and trend down
but in now trend up again

Its a good thing that after the downfall of bitcoin, it has recovered now and the value is more than $600 again :) I hope that it will continue like this ;)

The bitfinex hack is not exactly a downfall, that's too dramatic, but it was a very hectic period, where i feared the price would go down under 500 dollars.
Now with the halving long by, we finally have seen there is enough buy support above 600 dollars so let's see how this will fold out the coming months. Suppose we can keep this price then the halving has proven that it can create the /2 x3 miracle.

I think this will be a continuous increase that we are going to witness now unless another bad news will happen. But I am confident that as people have easily recovered from the previous hack of a certain exchange site, they are more matured now and focus on the future of bitcoin.

I am still not sure  if and when the number  of miners would decrease, affecting the price . I would like to hear some  comments on the matter.

Before and After the Halving, both are good ways for us. Firstly when halving is coming than in that time everyone want to buy the bitcoins, and someone hold it for a long time and wait for halving, and When the time come of Halving, than i am 100% certain that a huge people sell their bitcoins, because it is a big even and we can make profit easily.
Secondly, after the halving, price of bitcoin is done, so it is good chance to buy the bitcoins again in a cheap price. 

Before halving, we are really down to below $500 and because of that halving speculation that will bring the bitcoin price up, although it's not the main reason why price increase before halving, still it's a big help.

So today after the halving, it's still interesting that we are sitting around $600 price. It's way better than below $500.

And that below $500 lasted for a year. Good thing with those activities that brings up the price plus the halving speculation you are talking about before the actual halvingare big factors why we are sitting in the current price.

Also it rose to $700 above prior to halving and the correction sits at around $600 which is a favorable price after halving.