Dexter770221
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July 22, 2015, 10:58:54 PM |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors. Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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dodgecharger
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July 25, 2015, 08:20:59 PM |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
I disagree. the next block reward halving in 2016 could be a trigger. the supply of bitcoins dumped in the market would reduce and could trigger an increase in price.
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bitcoin carpenter
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July 25, 2015, 09:41:50 PM |
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people seem to think that the halving will reduce sell pressure from mining farms, even though theres evidence to suggest that a lot of these mining farms that are actual businesses that dont sell bitcoin (e.g. bitfury, 21inc) i think nothing will happen.
if you guys want the price to increase, stop trading bitcoin on shit websites.
Can't wait for Gemini.
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If your not actively using the technology behind your crypto investment,
IT IS A SCAM!!!!
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larsson
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July 26, 2015, 03:39:12 PM |
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Halving just change the monetary supply. If the market has the same amount of money flowing into BTC, then the price will rise.
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Amph
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July 26, 2015, 04:33:00 PM |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
a maximum of 1800 coins will be dumped only per day in comparison with 3600 of today, which is 500k+ less to absorb, how is this not significant? people seem to think that the halving will reduce sell pressure from mining farms, even though theres evidence to suggest that a lot of these mining farms that are actual businesses that dont sell bitcoin (e.g. bitfury, 21inc) i think nothing will happen.
if you guys want the price to increase, stop trading bitcoin on shit websites.
Can't wait for Gemini. as a far as i know it won't be something special, just a regular exchange, maybe with more regulation and i hope bigger leverage, that's it, i'm not expecting a big jump in the price because of this
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bitcoin carpenter
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July 26, 2015, 05:19:34 PM |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
a maximum of 1800 coins will be dumped only per day in comparison with 3600 of today, which is 500k+ less to absorb, how is this not significant? people seem to think that the halving will reduce sell pressure from mining farms, even though theres evidence to suggest that a lot of these mining farms that are actual businesses that dont sell bitcoin (e.g. bitfury, 21inc) i think nothing will happen.
if you guys want the price to increase, stop trading bitcoin on shit websites.
Can't wait for Gemini. as a far as i know it won't be something special, just a regular exchange, maybe with more regulation and i hope bigger leverage, that's it, i'm not expecting a big jump in the price because of this Not thinking about a price jump, I'm just excited to trade on a very public/highly regulated exchange.. I hate sending fiat to the exchanges as they are.
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If your not actively using the technology behind your crypto investment,
IT IS A SCAM!!!!
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randy8777
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July 26, 2015, 05:30:04 PM |
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people seem to think that the halving will reduce sell pressure from mining farms, even though theres evidence to suggest that a lot of these mining farms that are actual businesses that dont sell bitcoin (e.g. bitfury, 21inc) i think nothing will happen.
if you guys want the price to increase, stop trading bitcoin on shit websites.
Can't wait for Gemini. gemini sounds quite exciting as how the winklevoss bro's presented it, but i really hope their words will become reality once gemini is in full operation.
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odolvlobo
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July 26, 2015, 05:48:26 PM |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
a maximum of 1800 coins will be dumped only per day in comparison with 3600 of today, which is 500k+ less to absorb, how is this not significant? 1800 coins per day out of 100's of thousands of coins traded per day is insignificant, but the inflation rate is reduced from 8% to 4%, and that should have a small long term effect -- perhaps 4%.
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Amph
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July 26, 2015, 07:09:34 PM |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
a maximum of 1800 coins will be dumped only per day in comparison with 3600 of today, which is 500k+ less to absorb, how is this not significant? 1800 coins per day out of 100's of thousands of coins traded per day is insignificant, but the inflation rate is reduced from 8% to 4%, and that should have a small long term effect -- perhaps 4%. as i see it a reduction of 50%(from 8 to 4) is equal to an increase(of the price in the long term) of 100% so 4% is not right, unless you think that right now we have a 2% effect on the market....
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d5000
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July 26, 2015, 08:57:14 PM |
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In my opinion, halving is overrated.
It can lead to a short-term bubble, as many people are speculating taking it into their calculations. But 1) the coins sold by the miners are currently not a very high amount compared to the daily BTC exchange volume. And, 2) most long-term speculators are already calculating their valuations basing them on the 21 millions of bitcoins that will be the final "coin supply".
Other factors like adoption are far more important than halving.
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odolvlobo
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July 26, 2015, 11:21:38 PM Last edit: July 27, 2015, 11:42:19 PM by odolvlobo |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
a maximum of 1800 coins will be dumped only per day in comparison with 3600 of today, which is 500k+ less to absorb, how is this not significant? 1800 coins per day out of 100's of thousands of coins traded per day is insignificant, but the inflation rate is reduced from 8% to 4%, and that should have a small long term effect -- perhaps 4%. as i see it a reduction of 50%(from 8 to 4) is equal to an increase(of the price in the long term) of 100% so 4% is not right, unless you think that right now we have a 2% effect on the market.... Does your logic also work when there are nearly 21 million bitcoins and the halving goes from 2 satoshis down to 1 satoshi? When the halving goes from 1 satoshi to 0 satoshis, would the 100% decrease cause a 200% increase or an infinite increase in the price?
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Zarathustra
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July 27, 2015, 06:22:39 AM |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
I disagree. the next block reward halving in 2016 could be a trigger. the supply of bitcoins dumped in the market would reduce and could trigger an increase in price. Yes. The last halving triggered several doublings in price.
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Amph
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July 27, 2015, 07:13:33 AM Last edit: July 27, 2015, 08:10:15 PM by Amph |
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Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...
a maximum of 1800 coins will be dumped only per day in comparison with 3600 of today, which is 500k+ less to absorb, how is this not significant? 1800 coins per day out of 100's of thousands of coins traded per day is insignificant, but the inflation rate is reduced from 8% to 4%, and that should have a small long term effect -- perhaps 4%. as i see it a reduction of 50%(from 8 to 4) is equal to an increase(of the price in the long term) of 100% so 4% is not right, unless you think that right now we have a 2% effect on the market.... Does you logic also work when there are nearly 21 million bitcoins and the halving goes from 2 satoshis down to 1 satoshi? When the halving goes from 1 satoshi to 0 satoshis, would the 100% decrease cause a 200% increase or an infinite increase in the price? this is math, man... it's not my logic, you can't say 4% based on a subtraction of the inflation rate from 8 to 4, that's not correct if you want real numbers then you should compare the total coins that will be less dumped(presumably 1800) with the total coins(including the mined coins) that will be dumped each day, or that are dumped each day if for example the total coins dumped per day is 10k coins(i doubt is so high) per day for now(including the 3600 mined coins), with the halving this will lead to a reduction of almost 20%(10k-1800), which mean that the demand will go up by roughly 25% this assuming that the demand will remain the same until halving, so even if the demand will remain the same and the price the same, with the halving alone the price will increase by 25% which mean around $360
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spirit of btc
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July 27, 2015, 08:06:04 PM |
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Get yours cheap Bitcoins. People are soon going to wake up and realize the next halving is getting close. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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spazzdla
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July 27, 2015, 08:18:59 PM |
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Get yours cheap Bitcoins. People are soon going to wake up and realize the next halving is getting close. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) IMO nothing will happen until weeks before, not months. 3-4 weeks.
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mrhelpful
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July 27, 2015, 08:25:55 PM |
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people seem to think that the halving will reduce sell pressure from mining farms, even though theres evidence to suggest that a lot of these mining farms that are actual businesses that dont sell bitcoin (e.g. bitfury, 21inc) i think nothing will happen.
if you guys want the price to increase, stop trading bitcoin on shit websites.
Can't wait for Gemini. If we obviously cant wait for gemini, we just have to hold strong until they do start. Theres really of no choice at this point since there are only so many exchanges available to us. All we can do is hope the prices hold until they launch and expect a bigger outcome to increase the value for the days we waited so it makes up for it.
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odolvlobo
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July 27, 2015, 11:50:10 PM |
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this is math, man... it's not my logic, you can't say 4% based on a subtraction of the inflation rate from 8 to 4, that's not correct
if you want real numbers then you should compare the total coins that will be less dumped(presumably 1800) with the total coins(including the mined coins) that will be dumped each day, or that are dumped each day
if for example the total coins dumped per day is 10k coins(i doubt is so high) per day for now(including the 3600 mined coins), with the halving this will lead to a reduction of almost 20%(10k-1800), which mean that the demand will go up by roughly 25%
this assuming that the demand will remain the same until halving, so even if the demand will remain the same and the price the same, with the halving alone the price will increase by 25% which mean around $360
I don't know what you mean by "total coins dumped per day". The total volume of coins traded per day is in the 100s of thousands, and a change by only 1800 per day is not going to have a noticeable daily effect, though it will have a long term effect.
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scott btc
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July 28, 2015, 12:09:47 AM |
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Halving will halve the steady supply. If demand stays the same, we will go up !!!
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techgeek
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July 28, 2015, 05:38:11 AM |
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Halving will halve the steady supply. If demand stays the same, we will go up !!!
Demand is always here to stay. And its based on levels of demands, since we are the few people who buy it. Like whales, casino site owners, then the early adopters and like us. Most of the casinos like primedice need the bitcoin anyways since its paying outside investors and keeping the casino alive.
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molecular
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July 28, 2015, 06:51:54 AM |
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I expect exaggerated expectations.
Zoom out! I expect a 10x price increase. It might start a couple months before and take a long time after having day to play out fully (like last time it took half a year or so). Right after having day itself I wouldn't be surprised to see a sizable dip even.
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