Bitcoin Forum

about 50 hours from now we see halving and do you think will be value of bitcoin in that time and what is your prediction about it?

There probably wouldn't be a big impact in that short amount of time. The halving is more of a long term event, so to actually see the consequences of the halving, you would probably need to wait a few months for that.

But at least in recnt 2 months halving has shown some effects such as plumb of bitcoin price but we may see more effects after it in long term.

longterm after halving bitcoin price up, maybe up to $1000, why bitcoin price up after halving because mining result cut off 50%, so if price bitcoin not up, much people never again mining, not people not mining txt transaction is big problem, sending will long receive

and i think this slow down is going to last a while longer even. and mostly because whales will continue dumping to keep the price down to accumulate more and then pumpt the price to the moon when they had enough.

About 500$ per Bitcoin. Bitcoin is already falling and will fall further down.

It is like the Brexit. 95% of people thought Bremain will happen, Brexit happened. Market fucked predictions.
Same with the Halving-Hype. 95% of people thought price will rise during these days, price is falling. Market fucked predictions.

450-550 usd

Sub 600. Then extensive boredom followed by some interesting action towards the end of the year. And may God strike me down if it isn't so. Or something.

I don't think it'll move much from the current price. We won't see the effect of the halving until a few months after the halving.

previously I predict the price will be at $ 800, but it was completely out of reality, even when halving the closer prices seen declining. maybe the price will remain stable. I hope there will be a few hours before halving occur there is a surprises, at least can be increased up to $700.

i dont think that the price will increase as now most of them are getting fear of price droping before halving so now itself they are cashing it out. mostly the price will be near $500 at halving time and it can go down also and it will get support at $350 to $400 as per my view.

It's already dropping like a rock, exactly as i predicted. And this is just the start of a massive crash during and after the halving that will cripple the entire bitcoin network.

We had a great run and an even better chance to make something revolutionary but people got too greedy and well here we see the result, a sinking ship with no way to save it.

this.

people expect miracles on the day of the halving, it won't happen.

it didn't happen last time and it won't happen this time.

the pressure will increase because reduced supply from miners, so the price will tend to move up, but this will happen over a period of time, and it might take months or even years to see the full effect of it.

expect a pump like 2013 somewhere late 2016 or early 2017, that will be the effect of the halving, although some other event might be listed as the cause.

Some guy who is good in technical analysis predicts that after the halving the price will go rapidly up but not in a short period of time, about a month. He also guessed that moment a few days ago when the price was 750$. It could be luck, I personaly think nothing much will happen.

It seems market has reverse gear instead of going up as there were lot of shout out about this. I think this is not permanent trend we should be ready to see a bounce back in coming hours. I will predict a fair price range between 650-750 $ once we have seen halving done successfully for some period. I don't see any huge increase in price.

People were speculating about the price to touch $800 after having almost touched it not that long ago. But it more and more starts to look like we must be happy with the price staying above $600 these days. Coming days will be more than interesting as it will be my first ever block halving.

540

donot expect a big change in a matter of day after the halving. there will be almost negligible change on that day. but as few weeks will pass, you will be able to see the difference and that will be because of halving. so on the halving day the price will reflect no big change and it will be around 600-700$ imo.

it looks like bitcoin price is going to decrease a little bit for now since it is already down to 630$ ish and i think this can continue due to idiots panic. but as soon as those panic sellers are over the price will rise and panic sellers are again panic buying which will explode to the moon

The vast majority of bitcoin is supplied sold and exchanged by market and just general use comes from already long ago issued coins.    The flow from the blockchain is not quite as important as it used to be, its a declining relationship I believe.   Obviously we know one day they'll be no newly supplied coin just the base.

So halvening but people are probably over anticipating some effect, its going to be a slow grind.  In conclusion I expect a weaker demand vs supply for this year, eventually the lower supply has an effect but not till 2017 in any substantial way.  If you imagine its every days coins now reduced and eventually that tide effect is slow but may mean a higher price year to year

I expect 2 days after the halving that bitcoin will be hovering around $620, theres no reason to believe it will shoot up any higher straight after the halving. Its going to take several weeks of trading before something happens to push price up. there may be another shakeout or price will just slowly rise in the coming months.

The another hype will start soon
Pedicted it will above $800 and will always growing

It could be a big risk dumping your coins at the next rise though. What if the next dump isnt actually a proper dump and just ends up locking these investors out of an increasingly growing market. Youd need to decide if you wanted to risk selling at that price and hope you could buy back in lower or play it safe and just hold on and see what happens.

ath, 1500 till 18.7

I think the dump will be happen on sunday or monday because halvinf times are done and thats instance we should really be watchfull so we will not left behind by those dumpers coming to our ways, and hoping for us not to see for the price of bitcoin will go down for more like what did happen in history but i also see there will be no dumping happening here since the price for past days have ups and downs so surely some of big whales by that time are dump already their coins.

I am still optimistic it can be increased, my expectations were not too far away. I hope it could rise to $700. I believe in the previous case, bitcoin prices could rise very quickly in a short period of less than one day, so this time 2 days towards halving is very likely to reach $700.

I've let the 700 dollar mark sail away. Perhaps we should be happy with anything above 600 dollars.
Maybe even with anything above 500 dollar.

Yeah even if price is $600 after halving then majority of the community will be satisfied with that price, but I hope it doesn't fall back to $500 or else it will be very disappointing.

When is the halving anyway ?

I think first comment after OP nailed it. There is  a shakeout happening just now but in longer term, only way is up. Buy the dip

so far the rise has slowed down significantly and some amount of dumping has been going on that is why price is back at $630 ish as of today and i suspect this trend is going to keep on happening for a while to shakeout more weak hands before the rise happens.

FTFY
No one ever went broke by taking profit :)

Complete no trade zone...Volatility and deception is likely....

.....but I suspect that we have already had the Halving Pump.....now, is when the boys who put in the bottom start taking profits at poor old gullible Joe's expense.

I don't think it's a good idea to dump all coins on an increase, but I will sell some. There's no way to predict how high it will go and how low the correction will be.

some people has holding their bitcoin and wait the exact prices to sell it and after we pass through the halving it's possible to them to dump their bitcoin especially if after block halving no increase for the prices i'm afraid there will be panic selling after that

It looks like the value of bitcoin is resting and it is resting from about 2 weeks, so in that conditions I think the price rise will start and it will rise much higher at the time of halving ,I hope that once again the value double up, I mean to reach at more than $1300.

For those not sure about what will happen to the price because of the halving .....
Why not just put it into alt coins? Then cash out after the storm has passed. ::)

If people will be satisfied in the current price of bitcoins and will sell their earnings, Then more likely, the price of it will not rise and will continue to decline. Then, panic selling will occur that will cause the sudden drop of bitcoins which in my own opinion can reach up to 500$. But, because of the low price then many will buy again. And the price will increase for about 700-900$ but it will take time.




A price increase is for sure. But I think your expected price is very high. Lately it reaches 800$ and many are contented and sell their bitcoins that caused the sudden drop of its market price. Maybe it will pump up to 800-900$ after halving but I think that was its peak. Anyway, that was only my opinion. Who knows. Lets just wait what will happen in the future :)

Markets always react with anticipation to these critical events, my friend, that is why when that relevant event arrives, there are no significant moves in the market, or eventually it might occur opposite moves because market has priced in that event and a correction is needed. So I don't wait drastic changes in the current price.

Yes, now that some days spent from halving we can see that your judgment is right.

It seems that prices already corrected themselves during the last rises. I don't think that it will go further than $600 this year. There will be new mining hardware coming out in the next few months, so we might see it go down again, once the miners start droping their coins.

I think the bitcoin price will be around $670 for the next few weeks. That is very normal action of consolidation.