The Halvening

[Betwrong]

The Halvening

Spelled like this it looks like we're about to see an action sci fy horror movie. And in a way...

"It's going to be fascinating to watch as we approach the next halving. 41 weeks away right now (bitcoinclock.com).
FORTY ONE WEEKS.
That's not that far off.
Will it ignite the rocket ship? or lead to a collapse in mining if the price doesn't jump? or will we be range bound for another full year?
As other events that were widely expected to move the price come and go (from Gemini going live to the Silk Road auctions) , the halvening sits out there as The Big One.
Moon kids are already starting to hold their breath.
Bag holders are hoping that they'll be bailed out by the halving.
Buttcoiners are buttcoining
41 weeks. It's coming. And the effects of the halving may begin months prior to the actual date. It's been a fun ride so far, definitely getting some popcorn ready for the next 9 months.
See you on the other side "
https://www.reddit.com/r/Bitcoin/comments/3o89yz/the_halvening/

Exactly! This is what is already happening: $250,3 for BTC. The rising has started! And after 9 months the child will be born, and the name of the child will be $500.

[JeWay]

I believe that the rocket ship will launch, and it would  exceed than we ever reached before.
9 Months...

[coinpr0n]

Hopefully its not another buy the news situation and we actually see some organic growth.

I'm also hoping to see some sustainable growth out of this halvening, but I suspect many many people are going to use it as a speculative opportunity. It could mean rollercoasters.

[boopy265420]

Price of Bitcoin will surely rise after next halving.Some people say at last halving people were saying same that price will rise and nothing happened but there is big difference in then and now.That time price were already high and now price current price can not bring profit to miners if we calculate expenses of mining so after halving price of bitcoin should be at least 350 $.

[FanEagle]

Price will double after 9 months,better hurry and buy some,or you will find yourselves with bad feelings without having heard me.

[LiteCoinGuy]

price should rise even without the halvening. i would estimate a price between 400 - 800 USD next year (pessimistic view  )

[Kprawn]

I am not putting my expectations that high... For Bitcoin to see any increase in price, we need to assume most of the Bitcoins being released are sold and then some....

So the demand now, will be 100% or more for the Bitcoins being released via the block reward... When the Halvening happens, the theory would be that less Bitcoin is becoming

available, but the demand is still the same.. So less supply and more demand, should effectively double the price.. right? What if something happens in the meantime? A new

scandal or a government ban or more Silkroad coins being sold? All of that determine the price... So it's premature to speculate what the price will be then. 

[newcripto]

It is not about hype but I will do agree with those who say this time halving of blocks will have positive impact on price.There will be anyhow some rise in price till then.Next year price will be more stable and more higher than now.

[teddy5145]

Price will double after 9 months,better hurry and buy some,or you will find yourselves with bad feelings without having heard me.

Don't act so reckless we don't know for sure that the price will rise after the halvening
and 10 months is till a long time to wait, there could be something happening in that 10 months time

[avatar_kiyoshi]

Hopefully its not another buy the news situation and we actually see some organic growth.

I'm also hoping to see some sustainable growth out of this halvening, but I suspect many many people are going to use it as a speculative opportunity. It could mean rollercoasters.

Indeed, the next halving time is what people waiting for. i'm really sure if the price rise, it will down again. in this case i assumption there are 2 party, who make a sell wall when the price rise and people who buy after sell wall over.

This is interesting to watching

[fantoos]

What I expect for price to be after halving is somewhere between 350-400 $ next year.This is without any unseen extraordinary event which can take the price even higher than this.Yes, I also see rise in price of bitcoin after halving will be done.

[~Bitcoin~]

I am also worried about what will happen after that halving on reward. I think some miners will leave mining bitcoin due to high cost of mining if the bitcoin price doesn't grow around 500$ by 41 weeks as this will balance between reward and price. If it goes to this level than i think price will not lowered than that after halving.

[drugs]

The Halvening

Spelled like this it looks like we're about to see an action sci fy horror movie. And in a way...

"It's going to be fascinating to watch as we approach the next halving. 41 weeks away right now (bitcoinclock.com).
FORTY ONE WEEKS.
That's not that far off.
Will it ignite the rocket ship? or lead to a collapse in mining if the price doesn't jump? or will we be range bound for another full year?

Not far off? It's near a year away. I do think it will have an impact on the price but will be ultimately superficial. People will panic around that time buying coins thinking its going to rise and it will because of that.

[Guido]

Halving is overhyped. W can only speculate what will happen after it. Standard economics, law of supply and demand would say that bitcoin price MUST go up. But here is a problem, Bitcoin is not exactly under influence of standard economics laws. Personally I would be very surprised if bitcoin price skyrocketed as a result of halving.

agree to a point, especially with alts

however, mining costs are so enormous and industrial for bitcoin
it will definitely affect price, pretty much as they won't autosell
we are pretty much at break even now

life inside china bitcoin mine, motherboard
https://www.youtube.com/watch?v=K8kua5B5K3I

I will be amazed if we are not mid to high xxx btc in a year, min

not just based on the halvening

[Zombier0]

Thisnweeks will pass somfast we wont even notice

[Ceizer54]

There's nothing to afraid of the halvening guys..Everyone should be much excited like me because seeing the past halvening i know bitcoin price will rise ultimately..so should be happy and wait for halvening to occur next year..Halvening effects can be seen months before halvening because people will try to buy as much bitcoins as they can,to hold them and then the price will go up 

[avatar_kiyoshi]

There's nothing to afraid of the halvening guys..Everyone should be much excited like me because seeing the past halvening i know bitcoin price will rise ultimately..so should be happy and wait for halvening to occur next year..Halvening effects can be seen months before halvening because people will try to buy as much bitcoins as they can,to hold them and then the price will go up 

And then... the price will go down after halvening start, because people who buy and hold bitcoin make a sell wall on the market. in this case new exchanges is useful for chase away the sell wall.

[Apsara]

it is evident from previous halvings that bitcoin prices doubles after each halving, so i think that prices will not skyrocket after halving. 500 dollars is what i am speculating, as there is currently no news of mass adaption of bitcoins which can skyrocket its prices.

[Blawpaw]

it is evident from previous halvings that bitcoin prices doubles after each halving, so i think that prices will not skyrocket after halving. 500 dollars is what i am speculating, as there is currently no news of mass adaption of bitcoins which can skyrocket its prices.

Yes, I also believe the price will rise before the halving. The tendency is to go up in price since it is the logic behind the supply and demand. However I don't think the price will skyrocket. It will probably double in price.

[randy8777]

it is evident from previous halvings that bitcoin prices doubles after each halving, so i think that prices will not skyrocket after halving. 500 dollars is what i am speculating, as there is currently no news of mass adaption of bitcoins which can skyrocket its prices.

previous block halvings were when bitcoin had a very small market cap, which makes it very easy to get the price up in a quick fashion. the upcomming halving won't result in a double price.