[2016-07-05] coindesk.com| The Bitcoin Halving Will Trigger a Fear of Missing

[eye4bd]

The Bitcoin Halving Will Trigger a Fear of Missing Out

Very shortly, there will be an important scheduled change in the way bitcoin is generated. The rate at which new bitcoin is created will halve, an event popularly referred to as "the halving".

At the time of this writing, 3,600 BTC ($2.4m) are generated every day. This will be slashed to 1,800 BTC per day ($1.2m), and the rate will never ever increase.

Taking this into account, and some basic economics, we should be able to make predictions about how the perception of bitcoin may change, but since the perception of bitcoin is almost entirely irrational, save for the thinking of a handful of very clever men, it is almost impossible to predict how people will react to the halving....

http://www.coindesk.com/bitcoins-halving-and-the-danger-of-being-left-behind/

[Herbert2020]

coindesk is a little bit too late to the party

everybody in crypto world has been waiting for bitcoin block halving for more than six months and speculation about halving is through the roof. now they are saying what we have been hearing a long time ago.

[rphk]

Everyone is waiting for halving to happen , probably hoping that bitcoin  price goes high and we can sell or keep it on hold till further rise

[tyz]

Demand increases, supply decreases. 1,800 Bitcoins less generated daily, is actually a very large amount. I expect a very significant price increase in the weeks after halving.

[helloeverybody]

I'm not expecting much of a price increase for some time after the halving.  Instead of a rocket so ship take off im anticipating a slow climb.  I own bitcoin but i still have fomo because i don't have enough.

[JeffBrad12]

coindesk is a little bit too late to the party

everybody in crypto world has been waiting for bitcoin block halving for more than six months and speculation about halving is through the roof. now they are saying what we have been hearing a long time ago.

I saw everyone in the various region is awaiting about the halving time, but I'm confused about why only a short time from halving and not giving good markings for bitcoin price, what happen with this? the price will go up for instantly not needed a time.

[helloeverybody]

coindesk is a little bit too late to the party

everybody in crypto world has been waiting for bitcoin block halving for more than six months and speculation about halving is through the roof. now they are saying what we have been hearing a long time ago.

I saw everyone in the various region is awaiting about the halving time, but I'm confused about why only a short time from halving and not giving good markings for bitcoin price, what happen with this? the price will go up for instantly not needed a time.

The last halving took about a month or more before seeing any price increase, and the price increase that came was slow and steady to rise until at one point the price just rotated upwords and shot up to moon levels. Its reasonable to think that the same thing could happen this time. We might not be anywhere near the top yet.

[SuperCoinGuy]

If people start selling off their stashed coins the halved block reward will pretty much not affect the Bitcoin market because there will be still enough coins in circulation and there will be no shortage in supply thus the demand will be the same I guess. I don't think that the price will increase a lot after the halving though. We have to keep in mind that there is a whole lot more Bitcoins stored in wallets that could enter the market at any time and crash the price again.