Halving will have no effect on the btc price. The recent rise to 450 has been a long time coming, since February'2016 when price stabilized at around 425-430. We will see 500 in May and 600 in June, if we're lucky. Immediately after the halving in July'2016, the price will plummet to the current level, at 450 where it will stay until the end of the year. If everything goes to plan, the evil twin's ETF will open in late November, early December and will trigger a bubble to 900-1000.
When I refer to bubble, I mean passing the current ATH, not just little swings to 500/600 Maybe some billionaire decides they want to invest several million dollars into bitcoin and sends out scores of buy orders? That could be one way that the price would shoot up  There's a lot of possibilities... It just depends on the news that affects bitcoin. If for some reason large companies decide to start accepting bitcoin, then that could also make the price reach extremely high levels. Large amounts of adoption would definitely be something that could make the price shoot up past the ATH. But then you would see a lot of dumping. If the demand surpassed the amount of people who wished to dump, then we definitely marvel. |
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Holding is one of the best thing you can do right now because the bitcoin is gonna rise, what is already mentioned here in the above topic.
I really think there is a good chance that bitcoin is going to a higher amount.
Holding is quite a selfish thing to do, though. If you circulate bitcoins around (instead of freezing a small amount of the market) you'll spread demand more, and it could also potentially allow for more awareness in the bitcoin community. That, in turn, could bring forth more people to bitcoin, which would increase demand and slowly drive the price upward. Though you can hold, you should also remember to spend at least some thereof. If everyone held their coins until the end of time, where would the demand go? |
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Either make sure to have a lot of luck or to wark hard. You need both. Luck alone will not make you a millionaire, unless you are able to win a multi-million dollar lottery jackpot. Working hard and investing your savings wisely is the way to go. Get a part-time job in addition to your main job, and try to save whatever you earn from this second job. If you are not ready to put in the effort, then never bother. Well, it's a mix, really. If you're extreme on one of the two spectrums, you'll be able to become rich. For example, you could be ridiculously lucky and win by doubling down 20 times on $1. (You'll get around 1 million and a couple thousand) As for working hard, you could work for a long time and cut down on food, water, housing costs, and potentially reach 1 million within 25 years (depending on your salary). You need both if you want to aim for a medium-sized amount of time to reach that goal of 1 million dollars. However, in first-world countries (provided you have a decent job) you'll see that it's not that difficult to earn [gross] 1 million dollars. You'll probably spend it on things, though. |
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I believe so many people have same problem with you,they so hard and getting mad find best way to save money,and me too  i will try this way,lend your money to people,and let them safe your money,of course loan it to trusted peson,your family or girlfriend or best friends,wanna try my plan? I think you should understand the difference between saving and investing. Your savings in bank will always remains same or add up small % of interest to it in some countries but if you invest in btc there are chances you can gain or loose more also... Saving your money in a bank is a form of investment. You're investing your money and time into this bank and expecting the returns to pay off. Even keeping your money in pure cash form would be a form of investing it. You're investing it in the possibility of the currency deflating and increasing in value. Though it's unlikely to happen. Pretty much any way you use your money is a form of investing it. Food? Investing in your health to gain wealth. Housing? Investing in real estate for property value in the future to increase. The list goes on. |
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Ugh. The videos like this only offer a sliver of truth and the rest is just random bs crap. What is true is that printed money has no backing and that it will eventually fall apart. But, that won't happen this year. The majority of people don't give it a second thought and use their money like it will never decline in value (apart from basic inflation). |
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To OP. This is a way too mechanical view, what ignores the psychological impact of the halving.
In fct, the psychological impact is way bigger than any technical explanations you want to give it. The having is a celebration of Bitcoin every 4 years, and if it happens during a time where we are making solid progress technologically (segwit, schnorr sig, sidechains, lightning...) then you add in the inherent hype of halving, and the price rise is guaranteed. The price rise is guaranteed... maybe. A price surge, up to the levels of doubling the price is unlikely to happen. Though the halving will affect day-to-day mining, let us remember that even halving the intake every day would not double the price instantly. That's not necessarily how coins are circulated. They aren't circulated directly from the blocks mined directly the day of. |
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OP's original question makes absolutely no sense to me and I have no idea what they are asking. depends on who you are talking about. its definitely not gonna become for profitable for the miners because their reward is going to be halfed. but itwill be profitable for the hodlers because the price of bitcoin is bound to go up.
I believe it will be pretty profitable to me.
Halving could be profitable only if the Bitcoin's price will highly increase after this event, otherwise it couldn't be profitable in my opinion. And as known we can't exactly predict the Bitcoin's price... Profitable for who? What do you mean if it highly increases? Of course it'll be profitable for whoever has bitcoins if the price increases. depends on who you are talking about. its definitely not gonna become for profitable for the miners because their reward is going to be halfed. but itwill be profitable for the hodlers because the price of bitcoin is bound to go up.
I believe it will be pretty profitable to me.
It depends on how powerful your mining setup is. If you own a powerful miner, then you may stay around at about the same level due to other smaller miners running off from the lack of profit. It doesn't matter. |
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I currently have 0.4 BTC and I'll exchange it for dollars, I do it every month, the same as the salary that I get for looking bitcoin. for the new month, let's start collecting from the beginning again
I would personally just keep those coins out of the exchange loop. Perhaps it's enough for trading a small amount around, so you could potentially get a couple bucks off being lucky. If you wish to exchange them for fiat money (possibly due to the lack thereof) then that's fine, but in my personal opinion I would hold them. |
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Till now Gold is more safer investment.
Yeah but bitcoin has fast movent price from the market than gold... but they are the same valuable.. more bitcoin you hold for now you can make lots of profit after block halving unlike gold.. gold only is increasing yearly not the same as bitcoin that you can see sooner for the price increase and decrease.. The volatility of bitcoins scares people away. Besides, would you invest all your assets and savings into bitcoin? In fact, just your savings into bitcoin? Probably not. You're scared of the potential failure of bitcoin, and so are many people even here. I doubt many would trust bitcoin to such a level where they decide to invest a significant amount of money into it. Even if they have bullish beliefs. |
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The thread could, in fact, increase people's positive opinions of gambling and incentivize them to begin their journey through gambling. Greed and perseverance may lead them towards the path down to zero lane. That's the problem with these positive stories about gambling. That's why some casinos only show the large wins, and not the even larger losses that precede and follow it. But it's fine to see others have their victory. It's good to see a refreshing turn, but that may psychologically make one think, "Maybe I'll be lucky like them this time."
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There's no need to fear that the total supply will ever get expanded because:
1) It would instantly crash the price so there's no incentive to do so
2) It will never be a problem to run Bitcoin no matter how little Bitcoin's are available
SO in other words, Bitcoin will only appreciate with time, no real risks of holding long term, at least definitely not related to the total supply ever being modified because it makes no sense to do so.
Besides, there are so many bitcoins out there that losing however many we have right now wouldn't make much of a difference in the grand scheme of things. Especially considering how having a lower overall supply would in fact just drive the price upward, so it's a win-win scenario. |
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It drops in price every time we hear about a big scam or some kind of fraud.
This drops are not something significant, and hardly can be connected only for Fud. But in one coordinated attack damage can be made, but we have price fluctuation and without bad news or similar.. This is normal. Indeed, this is normal and more currency's have this, not only the bitcoin has this and I must say it are not big numbers that are lowering. So I think its not a big problem for the bitcoin, people are just hating on the bitcoin because its going so well.. There are a lot of people that is quite negative about Bitcoin and that is because the value isnt rising and the people wants to make some profit soon but that will not happen. On the other side I understand them but they have to also know that we cant control it and that we just have to only wait until the value will be more. And of course it can takes a long time but you have to should accept that. Don't be so sure about how people who say "Bitcoin is dead" are going for profit through a bullish theme. They could be trying to spread FUD about bitcoin during certain circumstances where negative news is affecting bitcoin, and trying to short bitcoin to generate profit that way. Besides, the more people join the "BTC is dead" bandwagon, the more negative buzz surrounds bitcoin, driving the price down. |
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I want you to explain in detail why you personally thought that bitcoin was a healthy investment. I don't want the same crap replies about the same thing over and over. I want a longer, more complicated answer depicting the true nature of why you thought it was useful to begin investing in bitcoins.
It's not necessarily investing money into it. You obviously also invest time (which is pretty much money) into the bitcoin community. Even now, as you read this, you're investing time into bitcoins. So, explain. What made it so good? In what way did bitcoin create this imagine in your mind where you thought, "Hey, this seems like a good use of my time. This may hold use in the future and allow me to profit off it" instead of anything else?
[Sorry for the repost, kiddos. Made a mistake in the original. Wasn't moderated to prevent YoBit spam.]
firstly i gonna ask you,who was said that bitcoin is healthy investement?i never hear about that,i noticed by exchange that bitcoin is full of risk,they never mentioned that bitcoin is healthy,so just think its all not healthy but can give you big profit. You decided yourself that bitcoin was a healthy investment. You took the time to create an account, post 236 times for this signature campaign, and thought, "I should use this." As I've already said in my post, which you have QUOTED, It's not necessarily investing money into it. You obviously also invest time So I don't mean investing purely money. So then, why did you decide to enter the world of bitcoin? |
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What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
no one will keep their coins for ever. they surely will sell to secure profits at some point when the price reaches a level that they are happy with. for ever in this forum translates into something as a few years. Literally first post. When bitcoin rises to high enough values, there will be more merchants that accept it and thus instead of selling your bitcoins you simply use it in place of your current currency option [fiat currency of whatever kind]. You will be fine. (Rewording what OP said just so newer posters can see) Suppose: 1 bitcoin is worth $10000. In this instance, you should at least be able to use bitcoin in a lot of important areas where you need to pay. Either the bitcoin price soared, or the fiat price dropped down and you wouldn't even WANT to exchange it. Why would you sell it if you can just use it? |
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I thought the halving was in July...?
Don't think we're going to see it double. Not that I wouldn't be happy with it, but it seems extremely unlikely to me that the halving isn't priced in.
im pretty confident about the price rise and i think that we will not see the price doubling but we will see it going three times bigger than it is right now as it has a lot of potential to grow at the moment hopefully these increases will make us big money, such effects will surely allow for such thing to happen the only question is when the price will start growing at a very rapid pace Three times?! I've talked about some being optimistic about the price doubling due to the halving, but you think that it'll jump to more than $1300 per bitcoin?! What in the world would cause that giant bubble? When the halving comes, the unprofitable miners will drop out. That is going to happen. The difficulty will lower to the point where the medium-scale miners can still somewhat mine profitably, but it'll take a huge investment for new miners to come back in. The price will rise, I am sure of that, but it will not double. That is unlikely to happen. |
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It didn't have a huge upward trend in 2012 after the halving...
I depends on the perspective. When you look back one year ago where the price was around 40% of the current price then there was a good upward trend. Halving is one factor for sure. Then you can do that to every price increase of bitcoin, and slap a halving sticker on it. "Oh, this price increase was due to the halving that would occur in 3 years." No. It may have played a very small part of it. I don't expect the halving to have as large of a price increase as people are [stupidly] suggesting. The price will not double. A majority of the community seems to [though it could just be sig-spam] suggest that the halving would have an inverse effect on the price [giving way to supply & demand] though it's not really halving the supply. |
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Though unlikely, I expect that if there is enough buzz about the halving like all the other months, the price will be able to reach around $500. I dare not say that it will reach higher levels because that would require a huge amount of circulation and I doubt that many people [with money and brains] would play into that.
The only true way I would expect for the price to rise to levels much higher than somewhere around 480-520 is if there was a bubble. In that case, it's irrelevant and has nothing to do with the overall trend.
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Hopefully it gets better, but btc prices might reach 500$ by the end of next month.
that will be much more stable than the beginning of the May. take a look of today, did not make a $500. that's why you should not have an excessive speculation. By the mid of may we shall be crossing the 5000$. If we are unable to do so, then the calculations and speculations of halving effects will be false.  what?!! nobody has speculated $5000 by the middle of May, to get there bitcoin will need a much longer time and adoption to reach that high a price. in May the price will be stable and rising in the $500 range and if the halving rise comes the price will go as high as $1000 Both of those predictions rely too heavily on the halving to have an effect on the price. The "event" has already begun to increase the price, through the hype and whatnot, but there shouldn't be such a drastic change. I would anticipate that $500 is possible at the end of May, but $1000 is just too optimistic for the coming few months. The price is not going to increase by 122% (as of this current price) within a couple months. I know bitcoin is volatile, but the only reason for the price to increase like that would be market manipulation in the form of a bubble. |
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I don't know what the contents of that email were, but it is probably a good thing you deleted it. Chances are it was someone out looking for random grabs at their email and finding out if they could steal anyone's Bitcoin themselves.
I wish I was here four years ago, but I guess life just has us go where-ever it takes us.
Well, the email may have been a scam, but at least looking at it (most online email software doesn't allow self-executing programs to start) would have led you towards bitcoin and you would've had an early start. Perhaps that could have generated enough profit. ronaldinho_07 had stated that they joined bitcoin when the value was 200 dollars. Maybe when he received the email it was something lower, even $40 each? Well, the past is the past. |
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