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Author Topic: wot if  (Read 1518 times)
kwukduck
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May 09, 2015, 02:44:05 PM
 #21

I suspect that the halving will be priced in progressively as the time approaches, since we've all seen a halving already, so probably less lag this time.  Along with that I expect a price increase as we get nearer to the event, but nothing dramatic.  Lastly I would expect to see a hash rate drop of similar proportions, and life will go on... 

There are much more interesting events on the horizon than halving.


In bitcoinland?
I'm not sure about that. If the price doesn't increase that means the difficulty/hashrate have to halve as well. Meaning the entire network becomes 50% weaker. Against any attacker.
Bitcoin needs value not just to be able to transact significant amounts of money, also to secure the network properly.

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pooya87
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May 09, 2015, 04:18:35 PM
 #22

i think it can cause a raise in price for two reasons, first because the supply amount of bitcoin being dumped by miners will decrease. and second just the thought of bitcoin price going up will make people buy more bitcoin which will result in the price going up.

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josephno1
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May 09, 2015, 04:21:54 PM
 #23

What I speculate will happen is that a lot of people before the halfing are going to anticipate the price to go up so in the weeks leading up to the halfing the price of bitcoins will skyrocket. However after a few months, people will realize that not much has really changed except for the block reward and prices will normalize 

inca
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May 09, 2015, 06:46:09 PM
 #24

In bitcoinland?
I'm not sure about that. If the price doesn't increase that means the difficulty/hashrate have to halve as well. Meaning the entire network becomes 50% weaker. Against any attacker.
Bitcoin needs value not just to be able to transact significant amounts of money, also to secure the network properly.

What a load of complete bollocks.
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