CoinCidental
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October 11, 2015, 04:32:02 PM |
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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. If you think people won't stock up on coins in the months before the halving, you are mistaken
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Amph
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October 11, 2015, 06:03:00 PM Last edit: October 12, 2015, 01:14:58 PM by Amph |
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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.
i would be more surprise if the price falls as a result of it, than any other scenario, it does not need necessarily to skyrocket to prove that the halving worked, a right increase could do the trick we would get at least a better value out of bitcoin, which would increase short-term adoption
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CoinCidental
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October 12, 2015, 08:04:02 AM |
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Things can easily snowball out of control and likely will - people buying before the halving will be reported by the media and the publicity will lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us all come before the halving because people I have talked to are stocking up in advance
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Omikifuse
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October 12, 2015, 08:16:08 AM |
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Things can easily snowball out of control and likely will - people buying before the halving will be reported by the media and the publicity will lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us all come before the halving because people I have talked to are stocking up in advance
like the Gox bubble? I hope because bubbles are lucrative and some people always stay when the bubble poops
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pooya87
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October 12, 2015, 11:18:59 AM |
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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.
i would be more surprise if the price falls as a result of it, then any other scenario, it does not need necessarily to skyrocket to prove that the ahlving worked, a right increase could do the trick we would get at least a better value out bitcoin, which would increase short-term adoption all these different hypes are the fuel that powers the market at times and drives it up and down. some of them drive the price up and some push it down. halving is by far the biggest anticipated one of them, i say since most bitcoiners are waiting for a big rise as a result of halving, then the price is going to go up. the question is "by how much"
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CoinCidental
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October 12, 2015, 04:17:47 PM |
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Things can easily snowball out of control and likely will - people buying before the halving will be reported by the media and the publicity will lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us all come before the halving because people I have talked to are stocking up in advance
like the Gox bubble? I hope because bubbles are lucrative and some people always stay when the bubble poops The next bubble might be driven by users rather than artificially trading bot or gox cooking the books... But literally anything could start it, maybe we'll see it well before the halving Even 1 single country dumping funds into btc could have a huge effect on the price
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g-unit
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October 12, 2015, 05:23:27 PM |
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Things can easily snowball out of control and likely will - people buying before the halving will be reported by the media and the publicity will lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us all come before the halving because people I have talked to are stocking up in advance
like the Gox bubble? I hope because bubbles are lucrative and some people always stay when the bubble poops Never heard of a pooping bubble...
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yefi
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October 12, 2015, 06:04:16 PM |
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Things can easily snowball out of control and likely will - people buying before the halving will be reported by the media and the publicity will lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us all come before the halving because people I have talked to are stocking up in advance
like the Gox bubble? I hope because bubbles are lucrative and some people always stay when the bubble poops Never heard of a pooping bubble... When prices droop and you have to cut your loose, that is when a bubble poops.
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marky89
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October 12, 2015, 08:57:34 PM |
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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. If you think people won't stock up on coins in the months before the halving, you are mistaken Indeed, I imagine many have been accumulating coins all year in preparation for the halving. The trouble is, how many halvings did the 2013 bubble price in? I wonder if expectations are too high here.....
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Sourgummies
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October 12, 2015, 09:40:52 PM |
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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.
It IS overhyped, but that could be good for the fact that there might be extra demand for bitcoins and the trading scene could benefit with that.
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CoinCidental
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Si vis pacem, para bellum
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October 13, 2015, 02:11:20 PM |
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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. If you think people won't stock up on coins in the months before the halving, you are mistaken Indeed, I imagine many have been accumulating coins all year in preparation for the halving. The trouble is, how many halvings did the 2013 bubble price in? I wonder if expectations are too high here..... A lot of People want to get more btc I think ... But they can't buy a load at once and still pay the rent etc if they're job only pays x amount every month.... Buying will pick up when the media reports on it and the coming halvening
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Q7
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October 13, 2015, 03:01:58 PM |
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Facinating? I think it deserves more than that. There are so many theories and assumption made thus far based on the little known facts that we are trying to imagine and create with all kinds of scenarios. And as we all know bitcoin is always full of surprises I have a feeling the outcome will caught everyone by surprises.
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drugs
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October 13, 2015, 03:31:01 PM |
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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.
It IS overhyped, but that could be good for the fact that there might be extra demand for bitcoins and the trading scene could benefit with that. Hype is good and we need a little excitement, but theoretically bitcoins halving should have an effect as long as demand is still the same or higher. Things can easily snowball out of control and likely will - people buying before the halving will be reported by the media and the publicity will lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us all come before the halving because people I have talked to are stocking up in advance
like the Gox bubble? I hope because bubbles are lucrative and some people always stay when the bubble poops Never heard of a pooping bubble... Haha. Got a laugh out of that. Maybe it shits bitcoins everywhere when it does pop poop.
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Cereberus
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October 13, 2015, 03:35:53 PM |
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This does put a negative spin on it putting it that way. Usually stock splitting is in favor of the holders. But this is conveyed differently. Will need to wait and see just like everybody else. Crossing my fingers
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Patel
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October 13, 2015, 06:39:03 PM |
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Dilla
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October 13, 2015, 11:33:28 PM |
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I think we will set a new ATH around the halving.
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Hugroll
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October 13, 2015, 11:57:12 PM |
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im kinda scared for the reward halfening, just worried that bitcoin just might go haywire and people lose hope
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Searing
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Clueless!
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October 14, 2015, 06:49:38 AM |
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im kinda scared for the reward halfening, just worried that bitcoin just might go haywire and people lose hope lots of data hall equip gonna hit the world ..mucho btc difficulty increase in next 4 or 5 months.......if more sideways price action and the pull back on mining begins because they got burnt driving difficulty up on each other...well something? has to happen imho....sideways on price at that point and you could well be right it could slip/slide downward towards despair and confusion (gasp) 'tulips' Ack! Something has to give ..that something you'd think would be 'price increase' but wtf I've no idea
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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CoinCidental
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October 15, 2015, 05:58:41 AM |
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im kinda scared for the reward halfening, just worried that bitcoin just might go haywire and people lose hope lots of data hall equip gonna hit the world ..mucho btc difficulty increase in next 4 or 5 months.......if more sideways price action and the pull back on mining begins because they got burnt driving difficulty up on each other...well something? has to happen imho....sideways on price at that point and you could well be right it could slip/slide downward towards despair and confusion (gasp) 'tulips' Ack! Something has to give ..that something you'd think would be 'price increase' but wtf I've no idea Difficulty will adjust to the appropriate level, if some people shut down their mining rigs the ones that keep running will get the mining rewards when difficulty subsequently falls, probably within 2 weeks... Its a self sustaining system
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