thejaytiesto
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August 09, 2015, 03:26:58 PM |
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Those are just speculations, a 25x price increase seems too optimistic. After the halving of 2016 the price of bitcoin will definitely rise since the supply will be cut by half. That will be the case if the demand stays at least the same, which im assuming that will be it, if not higher. IT should be higher since a year from now in the bitcoin world is an eternity and lots of things can happen. Things are evolving fast and it's easy to miss on important stuff unless you are monitoring new sites and reading forums all day.
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SmoothCurves
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August 10, 2015, 09:22:23 PM |
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Those are just speculations, a 25x price increase seems too optimistic. After the halving of 2016 the price of bitcoin will definitely rise since the supply will be cut by half. That will be the case if the demand stays at least the same, which im assuming that will be it, if not higher. IT should be higher since a year from now in the bitcoin world is an eternity and lots of things can happen. Things are evolving fast and it's easy to miss on important stuff unless you are monitoring new sites and reading forums all day. I agree. I think the move up after halving will be bigger than expected and go right past 1k.
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Nagle
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August 11, 2015, 07:54:33 AM |
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If you're not a miner, the halving shouldn't have much effect. 14.5 million of 21 million bitcoins have already been mined. Everybody knows this event is coming, so it should already be priced in.
If you are a miner, then you're running spreadsheets to see what equipment to keep, what equipment to dump, and what equipment to buy. Much of the older gear will be junked at the halving.
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Wexlike
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August 11, 2015, 09:45:51 AM |
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If you're not a miner, the halving shouldn't have much effect. 14.5 million of 21 million bitcoins have already been mined. Everybody knows this event is coming, so it should already be priced in.
If you are a miner, then you're running spreadsheets to see what equipment to keep, what equipment to dump, and what equipment to buy. Much of the older gear will be junked at the halving.
That means you expect a significant drop in bitcoins hashrate after the halving?
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thejaytiesto
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August 11, 2015, 04:33:51 PM |
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If you're not a miner, the halving shouldn't have much effect. 14.5 million of 21 million bitcoins have already been mined. Everybody knows this event is coming, so it should already be priced in.
If you are a miner, then you're running spreadsheets to see what equipment to keep, what equipment to dump, and what equipment to buy. Much of the older gear will be junked at the halving.
I think precisely because of the fact that everyone is expecting something, even if it's nothing, but everyone has the halving date on their minds, because of this, a huge pump can happen. The market game is a psychological one after all, psychology defeats all possible TA.
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gentlemand
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Welt Am Draht
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August 11, 2015, 05:42:31 PM |
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I think precisely because of the fact that everyone is expecting something, even if it's nothing, but everyone has the halving date on their minds, because of this, a huge pump can happen. The market game is a psychological one after all, psychology defeats all possible TA.
Not directly comparable of course, but Doge did nothing with its halving. Litecoin's upcoming happening will be an interesting test case.
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aakashsangwan
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August 11, 2015, 06:12:26 PM |
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There is no proper way to find out how much a thing will cost after x amount of time. It's based only upon the demand and supplies. If supply is more and demand is less then prices fall. If the demand is high and supply is low then the prices rise. So at the time of halving the demand will be more and the supply will be reduced to half, so the prices will rise but by how much that is unpredictable.
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dothebeats
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August 11, 2015, 06:31:37 PM |
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10x isn't attainable without a huge demand. Of course, for the price to go up, there must be someone on the buying side to drive the price upwards. If halving occurs without a huge demand, don't expect an upward surge in price. It heavily depends on many different factors and not just the fact that the mined supply will be diminished by 1/2.
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ridery99
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August 11, 2015, 07:37:49 PM |
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This halving (and next next ones) will bring much bigger spike than previous one. Why? Because much more people will own bitcoin. We are still not even near mass adoption... People who are interested in bitcoin already invested in. It's not 2012 anymore
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OBAViJEST
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August 11, 2015, 07:43:31 PM |
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Holding on to LTC - how long until the halving?
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gentlemand
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August 11, 2015, 07:51:55 PM |
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People who are interested in bitcoin already invested in. It's not 2012 anymore
Yeah. Right. It took grandma a decade or more to start using email. That's free, zero risk and does nothing but enhance your life. If BTC happens at all, it's going to take a long arse time before you're getting satoshis instead of a Werthers Original in return for having some gnarled fingers rammed up your hairless pussy.
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johnyj
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August 11, 2015, 11:03:03 PM |
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The exciting thing with bitcoin is that no one knows what is going to happen, because all the traditional financial and economy models do not apply to some currency with limited supply and instant international reach, which has never happened in human history
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luciann
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August 11, 2015, 11:21:18 PM |
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Holding on to LTC - how long until the halving?
I would just sell it now instead of holding it.. I mean we have bitcoin problem as it is with the whole china and their demands of wanting a bigger block and stuff.
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Amph
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August 12, 2015, 07:28:40 AM |
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Holding on to LTC - how long until the halving?
ltc halving p&d is done already no need to hold that deadbag, better to join the bitcoin train at it is right now and waiting for a real halving effect it should be clear for everyone that you should not expect any increase in the exact moment of the halving, i would say that x10 is possible in a timeframe of many months before and after the halving
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Natalia_AnatolioPAMM
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August 12, 2015, 07:44:26 AM |
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Holding on to LTC - how long until the halving?
It's far too long
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Brewins
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August 12, 2015, 10:53:08 AM |
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This halving (and next next ones) will bring much bigger spike than previous one. Why? Because much more people will own bitcoin. We are still not even near mass adoption... People who are interested in bitcoin already invested in. It's not 2012 anymore they said the same thing back in 2012. most of people still dont know enough about BTC, so I think there is enough room for another rise
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marcos19
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August 12, 2015, 03:40:44 PM |
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Those are just speculations, a 25x price increase seems too optimistic. After the halving of 2016 the price of bitcoin will definitely rise since the supply will be cut by half. Halving is already calculated in current price, dream on!
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ThatDGuy
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August 12, 2015, 07:05:39 PM |
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If you're not a miner, the halving shouldn't have much effect. 14.5 million of 21 million bitcoins have already been mined. Everybody knows this event is coming, so it should already be priced in.
I don't believe that "it should already be priced in" is true. Going from 3600 new coins produced every day to 1800 is pretty dramatic, and 2012-2013 showed just what kind of effect on price that halving can have when we went from 7200/day to 3600/day. I also don't think that 2013's two insane bubbles were driven by halving alone, but it definitely played a part, and it will play a part in the supply and demand of 2015/2016/2017 as well.
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ammy009
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August 12, 2015, 07:06:08 PM |
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Hello,
I saw people talking about multiplying the price by 10 after each halving.
Let's say before the having we will have a price of $250 for example, then the rally after the halving would put us at $2,500 and so on.
Is it right ?
I'm trying also to figure a mathematical equation where how will the price moves after halving, in theory.
no one can exact predict on the upcoming halving .......... it will be x10 / x2 / x0.5
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