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?
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. |
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The price wont crash after the halving because the halving does not directly affect the price of the bitcoin.
There are allot of people who will feel the halving and that are the miners they know what the halving means.
Yes,its very likely to happen so,but should never be overconfident,in the given case there was a fall in prices the best choice could be hold at least until the price recovers again. |
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I feel frustrated when see btc prices down
There is no reason to do so far price has shown recover soon after fall, you just have to get used. |
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I am sure there are a lot out there who have bought a lot at 730+ thinking it will grow more maybe also thinking it will sky rocket at $1000 but I hope that they dont lose faith. Let the bitcoins stay and you get it back.
I think that today is not a good day for bitcoin, neither there is any panic buying because the price is -50 USD comparing with the same time yesterday. If panic buying happens then the price would be increased like few days before but unfortunately this is not happening and today maybe because it is Sunday. Agree and the market has been very quiet in recent days despite the reduction of the reward it is just around the corner. |
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Aaaaand hit 700$ on Preev, even more according to Blockchain.info !
the price is much lower once again unfortunately though i think it is going to soon recover hopefully because it would attract a lot of new people to it then in my opinion not a lot of time left till the second bitcoin block reward halving, i hope this will be a huge event and it will make me some good profit for only holding my bitcoins and not doing anything Its really disappointing to see that price is going down once again, but still have faith that it will get higher before 1 or 2 days of halving, so I will hold my coins till that point of time. Yes, surely investors taking quick profit are dumping a little, we will see how the market continues to behave on next days. |
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Yes to an extent China's currency has being a major role in playing btc rates shooting up and down. But majorly its China that dominates the world btc prices . If they decide to sell prices will crash within no time ,
It's not good that so much of bitcoin's potential, future and even price depends of 1 entity. Wasn't that exactly what we didn't want? Centralization? With china so dominant in the bitcoin scene, too much control is in the hands of 1 entity which we should avoid at all time. The only possible solution is another mining manufacturer stepping up. Along with new (non-chinese) investors. Yes, however Chinese carry the entire front, only 3 Chinesse pools control 67% hashrate, if another mining manufacturer emerge it takes years and years to recover their investment, they carry a lot of front and took advantage, besides most BTC were mined, so to a new big investor is better only to buy BTC instead of invest on mining. |
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If considering short term it would be bitcoin at present. But thinking to larger and historically it will always be gold.
Yeah bitcoin will allow us to make good profits in short term and we should take all the benefits from halving as its just week away, invest in gold after the halving is done. And that is why bitcoin is way better than gold as it is not choosing the people who can have it. Unlike gold only rich people can have it. And bitcoin is been flexible as you said good for short and long term investment. Both BTC and gold are being rare and scarce every day. |
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It's hard to tell if the price will increase or not. We've already had some big increases this year so that could be accounted for already. The price also depends on individuals that are investing and their demand for bitcoin, so you can't always predict what people will do in this situation.
The price also depends on what a lot of investors have extrapolated from the miner's numbers and those who figured how much the miners will be able to sell their Bitcoin for at a minimum, and those are the investors that will know the most about how the market will move for right now. They will know what are acceptable losses, the most likely bottom for Bitcoin, and know that anything above $x is additional value. Yes, that's what it does predict uncertain although logic would dictate an increase on its price. |
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I think that miners in China can easily control bitcoin, cause they are mining almost everything nowdays. To control bitcoin a lot of money is necessary anyway.
yeah i agree with this. and i always tell those who say miners will stop working if the price goes down and they will not make profit. i tell them that miners are the biggest whales and if they desire they can change the price so that it becomes profitable for them. So it seems(and that talking about top 3 only): AntPool *operated by the company known as AntMiner ASIC miners,BitMain F2Pool *a venture between two Chinese technology enthusiasts BTCC Pool *third largest Bitcoin pool operated by the well-known Chinese Bitcoin exchange BTCC *About 67 percent of the total share. |
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In my opinion. Simply because bitcoin is the center of all alt coins. No alt coin has a chance of replacing bitcoin. Maybe in the far future there might be a coin that can replace bitcoin, but as of now, we don't see any coin that has a potential to replace bitcoin.  Yes, although its replacement would remain the unit of measurement and therefore its value. |
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I saw in the news that Satoshi Nakamoto has been identified, it seems that it is the Australian Professor, what are effects of this news on bitcoin price. The title of the news is: "Australian professor Craig Wright reveals himself to be Bitcoin founder Satoshi Nakamoto".
Knowing who the founder of bitcoin does not affect the current price of bitcoin or its transaction. What matters to people is the usefulness and value of bitcoin in their daily lives. Exactly as quoted knowing the bitcoin founder nothing is gonna get impacted. Possibly a long time identity gets revealed as well a long time expectation of most users of knowing the personality comes to an end. Yes,Is the same as in the automotive industry to know who were the first inventors not affect the price of cars. |
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Hopefully, this rocket is going to reach the moon : http://www.thehalvening.com/#1 I will continue to change the title each 24 hours (decrease one day) , who is excited like I am ! Seems that you have forgotten that part: About change the title, it say: 10 Days before the halving. bump! |
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If the price doesnt rise then the miners stop mining because of lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.
I think that answer is pretty simple, bitcoin would die, as all bitcoins miners wouldn't get any profit so they would leave their jobs And with no miners bitcoin would die pretty soon, unless there will be new miners that have very cheap electricity and they still will get profit Total network hashing rate has kept a trend up until now reaching about 1.53M Thash/s but daily growth rate has kept down, even if the price keep the same and the reward decreases the energy efficiency will be increased to compensate for any waste of hashrate. In simple terms: less and more powerful miners. |
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Hopefully, this rocket is going to reach the moon : http://www.thehalvening.com/#1 I will continue to change the title each 24 hours (decrease one day) , who is excited like I am ! Seems that you have forgotten that part: About change the title, it say: 10 Days before the halving. |
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HAL/VING HALVING The same but translated in terms of reward.
Edit: The Bitcoin block mining reward halves each 210K blocks, in this halving the coin reward will decrease from 25 to 12.5 coins(Next halving will happen on less of seven days from now).
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7 more days and halving will officially start..
what would be the daily price of bitcoin until the day of halving. Lets start today.. bitcoin hit 697 today.
and what would be the price for tomorrow ? Is it going up or going down?
800-697=103 to achieve a reasonable price, then 103/7=14 usd x day. I mean if today is 697 tomorrow could reach 711 usd and so on until the halving. |
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I guess someday halving will happen again
No guessing required. Halving will happen approximately every 4 years. Of course, that if the train continues its march as far. |
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Maybe after 2030 that thep price of bitcoin will be times 4 or times 7 10 btc is enough for me and i will be a millionaire here in my country.
I don't see a scenerio at all where 10 bitcoins will make you a millionaire. The time where people were made millionaires of bitcoin has passed by. Right now it's about getting traction on the financial markets. Yeah I agree with you. He will need to increase his holding if he want to become a bitcoin millionaire. There is only one bitcoin millionaire, that is the Satoshi. But we can become dollar millionaire by holding 10 bitcoin in 20 years. hehe, If we were to become a bitcoin millionaire by holding 10 bitcoins Satoshi would be a bitcoin billionaire. Satoshi has 1 million bitcoins. If the bitcoin is worth 1 million each, he will be a dollar trillionaire and increase all the time. Right, however the more likely it is that those coins will never be spend. |
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My prediction price peak will occur one day before halving and after halving the possibility of stable prices or big dump occurs.
One week to go, We see how accurate is your prediction and in which direction the price moves. |
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Although this topic has not been posted in for at least 120 days, but as you know the price has been playing for many days lately with certain number that everyone knows + month number + year.
Would be worth rethinking if everything is only a coincidence at this time.
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