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Author Topic: BITCOIN HALVING IS COMING!!!  (Read 3823 times)
partysaurus
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February 28, 2016, 11:05:42 PM
 #101

I'm a little confused. Can someone explain to me what happens after the Bitcoin halving? Will the price increase/decrease dramatically? I heard it would be harder to mine Bitcoins.

Look at the post above that I just posted before you.  

Basically for every block miners are getting 25 bitcoins per block.  Then after the "halving" comes, it will become 12.5 bitcoins per block... and so on every 4 years around the same exact time.  So people are speculating that because miners have only half of what they would normally make to sell off, they are going to be demanding a higher price because there are fewer of them around than what would "normally" be on the market.

Make sense?

Good description i have to say!
Pattart
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February 28, 2016, 11:38:02 PM
 #102

So it's very true when bitcoin halving occur, the price of Bitcoin will rise and it will never drop again?
when viewed from history in 2013 after halving. bitcoin prices down very powerful.
keep carfeul guys Cheesy
sanadas
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February 29, 2016, 12:57:32 PM
 #103

So it's very true when bitcoin halving occur, the price of Bitcoin will rise and it will never drop again?
when viewed from history in 2013 after halving. bitcoin prices down very powerful.
keep carfeul guys Cheesy

I thought the price rose from $12 before halving to $1200 12 months after the halving.

That was a very big bubble.

LarryHocks
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March 01, 2016, 03:50:47 PM
 #104

I'm a little confused. Can someone explain to me what happens after the Bitcoin halving? Will the price increase/decrease dramatically? I heard it would be harder to mine Bitcoins.

Look at the post above that I just posted before you. 

Basically for every block miners are getting 25 bitcoins per block.  Then after the "halving" comes, it will become 12.5 bitcoins per block... and so on every 4 years around the same exact time.  So people are speculating that because miners have only half of what they would normally make to sell off, they are going to be demanding a higher price because there are fewer of them around than what would "normally" be on the market.

Make sense?

Good description i have to say!
I think that it will be more worth, so that is good for those people who made an investment.
But I think there will be more coming and that more people will use Bitcoin later more in the future.
relq
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March 01, 2016, 03:54:23 PM
 #105

So it's very true when bitcoin halving occur, the price of Bitcoin will rise and it will never drop again?
when viewed from history in 2013 after halving. bitcoin prices down very powerful.
keep carfeul guys Cheesy

I thought the price rose from $12 before halving to $1200 12 months after the halving.

That was a very big bubble.

Wow i don't know about that. But 12 months/1 year after the halving is really long time. I hope halving affect the price to increase not decrease the price.
sanadas
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March 04, 2016, 09:17:24 AM
 #106

So it's very true when bitcoin halving occur, the price of Bitcoin will rise and it will never drop again?
when viewed from history in 2013 after halving. bitcoin prices down very powerful.
keep carfeul guys Cheesy

I thought the price rose from $12 before halving to $1200 12 months after the halving.

That was a very big bubble.

Wow i don't know about that. But 12 months/1 year after the halving is really long time. I hope halving affect the price to increase not decrease the price.

In theory, the halving shall increase the price as the supply is reduced. But the price also depends on the demand.

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