Your opinions on the halving HERE

[pilscoop]

With the halving coming up next year there's been a lot of speculation.
What are your thoughts about it?

[gentlemand]

It'll be a damp squib. I'm willing to be pleasantly surprised all the same. A reduction in supply only matters if there's a decent and growing amount of demand. That isn't really there at present but a lot can happen between now and then. And perhaps there's hidden demand out there that the unwashed masses aren't aware of.

[Velkro]

I wish bitcoin permanently will go up in price, from ~250$ to ~400$, it would be enough to make big diffirence in bitcoin world.

[OmegaStarScream]

With the halving coming up next year there's been a lot of speculation.
What are your thoughts about it?

First of all , people shouldn't be comparing Bitcoin to Litecoin halving block-reward because they are simply not the same .
Now , I personally think that the price will increase even before the halving block reward because demand should rise since people are waiting it so they will buy more to hold after the halving block logically , the issue comes on what's going to happen from now till ..Let's say May-June  .

[Hugroll]

majority of people's opinion on the halving is that bitcoin will go up in price because the supply is reduced. although there are other things that could happen. the reduction in supply could mean that the amount of bitcoin being circulated decreases and overall thats not in any way good for bitcoin.
i just hope that bitcoin stays alive and strong after the halving,not too worried about the price

[Amph]

i'm expecting a increase, but not because of the halving, but because everyone else are expecting an increase also

how much the new price will be stable, is yet to be revealed, and this is more important than a new ATH

[FruitsBasket]

The price of bitcoin must go up, so new people who hear about bitcoin will invest in it and pump the coin to 2k-4k per bitcoin and then sell them. That is my predcition on bitcoin! So time to buy now because it is low and it will rise to it's nature value when block reward halving is coming!

[Sir Alpha_goy]

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[maokoto]

As some say, it is likely that people will try to get Bitcoin before the halving. That could mean a price lowering after the halving because of it being overbought. Who knows.

[Sir Alpha_goy]

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[Amph]

To keep miners mining for the same fiat payout the "price" merely has to double to keep them happy.

This is what happened with Litecoin.

That is the minimum requirement.

Could more happen?

Sure.

moving from 50 to 25 isn't the same as moving from 25 to 12, while in the first case they have a better margin, and even without a price increase there is profit, with the latter the price should increase much more, because the margin is reduced

for example if one miner is earning 2 btc firstly, and he pay 0.5 in electricity, when the halving reduce it to 1, he can still profit 0.5, but from 1 to 0.5, his profit would be 0, uless the efficiency also increase by a x2 factor

[LiteCoinGuy]

With the halving coming up next year there's been a lot of speculation.
What are your thoughts about it?

[Betwrong]

I wish bitcoin permanently will go up in price, from ~250$ to ~400$, it would be enough to make big diffirence in bitcoin world.

I agree, and if BTC will go up in price to $1k, which I wish, it would be even better.  

Let's hope our wishes will come true soon.  

But seriously I think the halving might be the reason of two alternative things:

1. Death of Bitcoin.

2. Twofold price increase.

[dre1982]

There wouldn't be that much. The amount of BTC just doesn't grow that hard any more

[GonnaGrinditout]

I think the halving is already priced in

[Zawamiya]

I think the halving is already priced in

I think we will see impact of bitcoin halving on price before it actually happens, around 2-3 months earlier then halving but at the time of halving there will nothing shocking rather then normal price movement

[Amph]

the prices will be doubled by bitcoin reward halving, as if not so then a lot of miners will quit mining due to ever increasing difficulty and halved earnings.

unless miners are making profit with a huge margin, which is probably the case, because they don't even need to roi on their HW anymore, and the new miners efficiency(s7) can help this alot

[VirosaGITS]

the prices will be doubled by bitcoin reward halving, as if not so then a lot of miners will quit mining due to ever increasing difficulty and halved earnings.

unless miners are making profit with a huge margin, which is probably the case, because they don't even need to roi on their HW anymore, and the new miners efficiency(s7) can help this alot

The BTC price won't double. It barely moved the first time and it won't jump suddenly this time either. More information pointing to this is looking at the recent LTC halving. The pressure went up but the profitability did not come back.

What this will do is kick off all the home miner that pays more than 0.05$/kWh and thats pretty much it. Everyone else will continue mining as if nothing happened. Some Very old gen miners are going to get scrapped, etc.

[Sir Alpha_goy]

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[VirosaGITS]

the prices will be doubled by bitcoin reward halving, as if not so then a lot of miners will quit mining due to ever increasing difficulty and halved earnings.

unless miners are making profit with a huge margin, which is probably the case, because they don't even need to roi on their HW anymore, and the new miners efficiency(s7) can help this alot

The BTC price won't double. It barely moved the first time and it won't jump suddenly this time either. More information pointing to this is looking at the recent LTC halving. The pressure went up but the profitability did not come back.

What this will do is kick off all the home miner that pays more than 0.05$/kWh and thats pretty much it. Everyone else will continue mining as if nothing happened. Some Very old gen miners are going to get scrapped, etc.

LTC had pressure that pumped and dumped and the profitability stayed the same.

From January 2015 to May 2015 the USD price was in the 1.80 - 1.40 range.

After the dump and halving the USD price has settled around 3.00

The way I see it is that at minimum miners are back to what they were making in May.

The reward halved and the price has settled at double the May price.

The carrot on the stick is in the same place.

I mine LTC, it is still not earning back what it used to. Before the halving it was 0.30-0.40BTC/Day/GH. After the halving it dropped to 0.15-0.13. And its 0.16 now. So my old Scrypt miner aren't doing very well and this i am trying to sell them.