Bitcoin Forum

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"The Halving" seemed to disappoint those who were looking for a higher price (myself included).  And BTC price stayed pretty locked at around $666 (hmm...?).  It looks like the halving was factored in by Bitcoinistan -- that is, it was so anticipated that the price moves took place BEFORE.

To my knowledge the $682 level we are at now is the first real move since the halving.  Now that we have several days "Post-Halving", perhaps that fundamental (lower BTC production) will assert itself.

I see no reason why the exchange rate won't continue to rise in the short term. I can't see this bubble popping until the mining fallout happens and that could take months. People are always really slow to realize they're losing money mining. The anticipation of each reward drop seems to move the price more than the actual event. I think we still have months of smooth sailing left. The trick will be figuring out what month to sell before the pop. I'm thinking maybe Sept or Oct.

People should understand that miners pay electricity monthly and not daily probably also ... It's important to understand that when the halving happened , miners  had some supply from the 25 BTC  halving rewards .

So now , that supply is decreasing slowly with time and we should continue to see a price increase , without forgetting that HashRate increased since Bitcoin halving happened so I'm very optimistic personally and I don't think miners will shutdown (as some people was afraid this is going to happen)

Don't be disappointed by halving. After all It is 'double the price magical event' mining is not working like that. Price will go higher for sure, but not right now.
Also many people forgetting that we have significant price rise just before halving. Price went up more than $100 in anticipation of halving and stayed that way.

Wait a couple more months.  Then you'll see the real halving effect.

Its great to see that the price is rising... Lets wait and see

i agree i was warning for weeks that the price had already been factored in and that there would be a decline shortly after, still waiting on that

Upcoming days will be crucial. We will see will the price will be rising or falling. At the moment it si moving slightly up but that doesn't have to mean anything, in sense that it will also continue to grow. I also expected a bigger price after halving but who knows how many different factors have influenced on it.

Despite price movements before the halving I found it quite odd that nobody took the advantage and the circumstance of the block reward decrease to manipulate the price further up. It wouldn't be the first time people moved the market up due to news and facts (or even rumors). Still, it's comprehensible why that happened, miners made timely sells "yesterday" so they can pay their bills "tomorrow"...

It is only a 2% rise. Nothing to get excited over.

Indeed lol :) Hope that it will continue to rise. The most awaited halving price increase, will not happen overnight. Below is the current bitcoin price from @coindesk

https://pbs.twimg.com/media/Cnl5K7iWIAEp77F.png:large

This is because of the last events taking place around the world. There events are basically changing the world's stocks and prices. Bitcoin will always be affected by them, because now BTC is a currency for a lot of people. This is why we saw this slight move - it migbt stay now at this price for some days, and then it will go back to where it was two days ago. Again, like I always said: we will see the changes in time.

Yes the price risen already before halving. And for the halving effect, we shall not be disappointed this time, since it's too early. It's been a week or so after halving and I think we won't experience it's effect instantly. Let's wait a few more months to feel it just like how it goes on halving last 2012.  8) Needs more time.

Time will only tell if this is some substantial rise or the usual fluctuation in price.

I think this will just be a small pump as there is no significant event happening. Maybe the investors came back after weekend and found out about the coup in Turkey (which is apparently over...)? No significant movement in China market.

Given that we just had the halving, I think some (re: many) of the die-hard crypto fans are going to see any tiny price raise as a chance to buy.  We'll end up going up a decent bit (maybe 750-800), but it's going to be popped when the people that bought more than they could afford to prepare for the halving decide to cash out.

I'd place a buy to cash out at 700, but be careful not to get greedy or it could come back to bite.

That's right, a lot of people is waiting for this things, the bitcoin price will getting an increase for slowly and certainly.All of the bitcoin users have the same wish for that. Let's waiting about the next situation of bitcoin price.

Yes, a lot of people were disappointed when the halving day arrived. Because their mind was conditioned that the price will suddenly goes up right after the halving day but it didnt happened. The price remained stable but after weekend, the bitcoin value is  slowly rising with a 5% increase in just 1 day.
I am sure that this bitcoin price increase will remain for a week weeks until the transaction of bitcoins after halving was stabilized.

people who waiting the price rising during bitcoin halving, sell his bitcoin because he disappointed with the stagnan price, then he just sell it, in this phase pumper keep buying bitcoin and make accumulation before pump, i think the rise of bitcoin price in this day is signal for all people to join pumper, so we can reach $700 again in this month then 800 next  month and reach $1000 at this year ;)

If your prediction will happen, many people who holds for a long time will be happy. @1000 dollar or more is the anticipated price,hope it will happen before this year ends ;)

There is failed coup in Turkey, although it failed, it is quite amazing a large number of officers from Army/Navy got arrested. It is predicted more chaos next few days, asset like gold, bitcoin doing well in that environment.

people will love to hold bitcoin if he see the chart of the 1st block halving, im sure people will keep buying as much as possible, but some people still thinking bitcoin as short term investment, at this case people will panic if whales dump the rate and he will sell his bitcoin in any rate., without thinking lose

the market is finding it's place between 650-700, where i have already seen all this? oh wait in the range 450-500

same thing but with a different digit at the beginning, usually a stagnation like this indicate that another rise is coming, be prepared...

coming from you i will hold my btc earnings and keep trying to find ways to sell my alt and keep holding i think btc will be more profitable from time to until the next year i also hope that it goes to 1k so a big investment for me aside from my real job.

I am not one of the disappointing people you guys are talking about, because I anticipated a $600 price range and therefore bought at $400. This gave me a good profit on my coins I have bought during these last few months. A year ago the price was just above $220 I think, and I bought some coins then too, so on those coins I tripled my investment. I was hoping that the price will drop after the Halving, so that I can buy some more, when all the other people start to panic, but that is not happening. ^smile^

So I am pleasantly surprised that the Halving turned out more positive than what I thought it would be. I expected a massive dump, after the event. ^hmmmm^

Yes for you halving made very good profit. But for this you waited too many months, No problem it increased your investment triple times. But some real traders expected much from this halving. Yes, last time when halving happened it reached 1300$ so everyone is expecting the same result this time. Unfortunatly it does not happen. But let's see in coming days it may occur.   

But those numbers is very hard to reach since mostly all of us thinks that that halving is already done and the way i see it really is the investments program are more alive these days and thats the reason i doubting to believe that bitcoin my soar high for more and reach 1300$ since the bitcoins are rotating and only few people are hodling their goods now, but let see really what will gonna happen in another months of it.

I calculat with a steady increase in price of bitcoin, even over the next years. And I do not see a limit at 1300$ not even at 2000$.
Less bitcoins come on the market because of the halving. And it gets more and more unprofitable for private people to find blocks.
But in contrairy to the dump of 2014, now we have a bitcoin infrastructure. Lots of online shops that already accept bitcoins.
So there will be a demand of bitcoins. They can actually be used. It's not just an investment anymore.

Probably the continous support and promotion of the bitcoin community kicks in.  I read that one big company is investing money to put up a lot of mining machine to mine bitcoin in mid August.  Maybe this has something to do with the current rice of BTC too.

I wouldn't be so quick to call this "The" rise because it is still a small rise which can be categorized under normal changes in bitcoin price. and it is mostly because of the slow rise and the stable rise before it for a long time.

but the real rise that everybody is waiting for eagerly is going to happen in a couple of months when the effects of halving start to show themselves.

I hope too.affter weeks of price stagnation i hope btc price up too $800.

yes this is might be true and after several days didn't do bitcoin trading today i had decide to trading again because seems the prices start to slightly increase but i don't expect more because i'm afraid the prices will down again

I don't think price will go down in next couple of weeks, in fact after the halving it is rising slowly so we can expect much higher price in coming months.

Yes possibly there will be an increase but not a major increase like doubling its price or increase it by 50%. But you are true in saying that there will be an increase but not substantially. The increase and decrease will not have a major difference to the current price. The trend as it dictates the fluctuation is around 1% to 5% only. Correct me if I am wrong but this month no expected skyrocket increase will happen.

yes. looks began yesterday bitcoin prices are likely to climb. I saw a pretty good rise. bitcoin prices increased by around 10-20 USD. This is a change, hopefully bitcoin leading to better prices again.

it is always this way, after some time of price stability and some declines, the price will eventually start moving the other way and go up.

although this is not yet a big rise to be happy about but it is still a nice rise after a period of boring market. so it is good to see a nice change of pace.

That's what I was saying! Btc overcomes the halving and those who were writing it's going to die were wrong

Unless banks are threatened (money confiscated or capital controls), it won't produce a rush into bitcoin. More like a rush into dollars instead.

yes it is for sure and we can see the effect right now. i think it is still a good time to buy bitcoin. because in next few days the price of bitcoin can fly. i think we should use all or resources to buy it.

it's too fast to making any prediction about that, better keep stay and see what happened about the price of bitcoin in this situation. because the situation is not certainly for now,whether the price of bitcoin will continue to rising or nothing.

Well it has been some time after the halving already and the price seems to be locked down into that $670 threshold for so long. It's a little bit underwhelming to be honest because a lot of people including me hoped that the price of Bitcoin would start to increase immediately but apparently we would need to wait till the end of the year to see some real increase though. I fear we are not going to cross the magical $1000 line any time soon. I guess we are not at a loss right now and only the Bitcoin miners are in a pickle currently. 

I believe that this is going to be price positive overtime, for sure.