Fatanut
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September 12, 2016, 11:20:10 AM |
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The halving is bad for miners, obviously, because halving doubles up the difficulty to mine. The halving is said that it is good for everyone because it helps the value of Bitcoin increase over time. Even though we can't just see the effect of the latest halving just yet, halving surely will have a major effect in bitcoin price years from now when the difficulty to mine is too high.
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btvGainer
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September 12, 2016, 11:47:27 AM |
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I think the halving is really good for bitcoin. The halving affect the price of bitcoin and it's become increase so high like right now. I'm sure all people will said the halving is good for bitcoin.
of course it is really good, in my opinion because it allows bitcoin price to go up a lot in the near future and make me some good money Does it mean there will be no price rise when there is no halving? I think the mass adoption is most important. Thats right.Halving has no effect on price directly for the total supply is limited.Only if halving increase the demand,should price go up which didn't happen this time
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phreaky
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September 12, 2016, 01:39:21 PM |
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The halving is good because it makes me alot of profit from reselling coins and everybody is panicking so I can take advantage of it. It may sound mean but it would happen anyway and all I'm doing is taking advantage of what is happening. The halving is bad for the bitcoin itself though cause people play so much with the market around that time.
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coinzat
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September 12, 2016, 02:51:04 PM |
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without halving , mining all the available bitcoin will end fast and people will lose their interest in it or fees will rise very high and people abandon btc because of it. so halving delays all of these issues
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Ayers
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September 12, 2016, 03:23:23 PM |
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The halving is bad for miners, obviously, because halving doubles up the difficulty to mine. The halving is said that it is good for everyone because it helps the value of Bitcoin increase over time. Even though we can't just see the effect of the latest halving just yet, halving surely will have a major effect in bitcoin price years from now when the difficulty to mine is too high.
the halving don't double the diff, the halving halves the reward, which will decrease the diff, unless the price will not go up by a % equal to the halving, in this case 2x
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Civil
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September 12, 2016, 03:33:35 PM |
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Months before the halving many users was hyping ( or at least trying to hype) BTC. It was obvious that the price will not double from one day to another, but even I didn't expect to a price decrease as it was.
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deisik
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September 12, 2016, 03:59:00 PM Last edit: September 12, 2016, 04:34:50 PM by deisik |
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The halving is bad for miners, obviously, because halving doubles up the difficulty to mine. The halving is said that it is good for everyone because it helps the value of Bitcoin increase over time. Even though we can't just see the effect of the latest halving just yet, halving surely will have a major effect in bitcoin price years from now when the difficulty to mine is too high.
the halving don't double the diff, the halving halves the reward, which will decrease the diff, unless the price will not go up by a % equal to the halving, in this case 2x I expected that somebody would say just that. Technically, you are right, halving doesn't double the difficulty, but its effects are virtually the same. In other words, for miners the end result (financially) is in fact the same at the given hash-rate, that is, the drop in their revenue would be the same whether the difficulty increases two times or the reward directly declines as much... As you can see, both of these cases are equally "bad" for miners
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chaser15
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September 12, 2016, 04:30:37 PM |
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Thats right.Halving has no effect on price directly for the total supply is limited.Only if halving increase the demand,should price go up which didn't happen this time
Which didn't happen this time? Prior to halving we are down to below $500 and it's really hard to surpass that $500 level. Now take a look at the current price today. Yes halving is not the reason for this technically but somehow the "speculations" it builds can considered as one of the good reason (even for a small percentage) why we breached $500 level.
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Aamir1
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September 12, 2016, 04:42:33 PM |
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The halving is bad for miners, obviously, because halving doubles up the difficulty to mine. The halving is said that it is good for everyone because it helps the value of Bitcoin increase over time. Even though we can't just see the effect of the latest halving just yet, halving surely will have a major effect in bitcoin price years from now when the difficulty to mine is too high.
Yeah, as much the people were predicting before halving that the price would go really high or it will skyrocket just after the halving is done but we did not see anything like that after recent halving, and now the peeps are predicting more about the halving going to occur in 2020.
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sukamasoto
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September 12, 2016, 04:55:40 PM |
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For me as bitcoin holder is a good thing. Since I know bitcoin, I can made another investment so support my future life. When halving is coming, bitcoin may reach about 200% profit !!
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chaser15
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September 12, 2016, 06:34:18 PM |
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The halving is bad for miners, obviously, because halving doubles up the difficulty to mine. The halving is said that it is good for everyone because it helps the value of Bitcoin increase over time. Even though we can't just see the effect of the latest halving just yet, halving surely will have a major effect in bitcoin price years from now when the difficulty to mine is too high.
Yeah, as much the people were predicting before halving that the price would go really high or it will skyrocket just after the halving is done but we did not see anything like that after recent halving, and now the peeps are predicting more about the halving going to occur in 2020. Predictions just came from the people here but throughout the community it's not that much honestly. Also why the hell people will believe in those instant price increase? If you are really into bitcoin you can see that halving speculation is one of the reason why price incease prior to the halving and not on the actual halving. The brighter side here, we finally breached the $500 level since we are stuck below in this price for years.
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BombayChicken
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September 12, 2016, 06:49:54 PM |
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I think the halving was okay but not very good for the bitcoin because everyone invested due to the fact they thought they could make some money. Of course this did not happen and that makes the halving bad for the bitcoin, it created a sort of bad name..
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shield132
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September 12, 2016, 10:14:47 PM |
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Now is the time when we can say what is really positive side of bitcoin halving and what is opposite.
People's main hope was that after halving bitcoin's price will be double but it won't happen, it is still the same and it's really bad to my mind. Halving is big problem for miners because they can't mine more bitcoins and while the price is almost same, their profit is halfly low + electricity costs. I know some people who were mining bitcoin and after halving they stopped mining and now miners are almost unusable for them. If price would be also doubled after halving than everything would be okey and even more, people would really enjoy it.
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fravia
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September 12, 2016, 11:13:17 PM |
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I think the halving is really good for bitcoin. The halving affect the price of bitcoin and it's become increase so high like right now. I'm sure all people will said the halving is good for bitcoin.
of course it is really good, in my opinion because it allows bitcoin price to go up a lot in the near future and make me some good money Does it mean there will be no price rise when there is no halving? I think the mass adoption is most important. well of course the price does not only grow when there is halving, i think right now bitcoins have a lot of potential to grow anytime to be honest because a lot of people are holding their bitcoins so we dont need a lot of volume for a bigger pump, though you shouldnt forget that the price can drop down any time too of course the price depends a lot on mass adoption and it is really important, to be honest i think it might be one of the most important things to bitcoins because people need to get into it in order for the price to be going up fast i think that halving is a really good thing and without it bitcoin would lose all its idea because halvings make harder to create new bitcoins so its value can be growing a lot in the future and make us all some good money if we are willing to hold it for a long time
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social crypto comunity
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September 12, 2016, 11:42:10 PM |
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after halving price bitcoin is flat because accident bitfinex, but still is enough good not bad and i think its now bitcoin price trend up i think can reach price in end year 800 dollar every one bitcoin
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noictib
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September 13, 2016, 12:00:23 AM |
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As the title says, is the halving good or bad for the price of bitcoin?
The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.
But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.
What's your verdict?
I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
i am not satisfied with your thinking where you says that halving results in the limited supply of bitcoins . but here i want tell you if bitcoin became in limited amount in only money then the price will rise up and no further problem arise like our practical real money . so overall i will say halving is a best thing for btc .
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boyptc
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September 13, 2016, 01:34:40 AM |
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I think the halving was okay but not very good for the bitcoin because everyone invested due to the fact they thought they could make some money. Of course this did not happen and that makes the halving bad for the bitcoin, it created a sort of bad name..
Well regardless what would be effect of bitcoin still that is programmed already. But I think,imo that bitcoin halving is going to have a good effect because it is going to less the supply and the lesser supply that bitcoin the demand is going to increase. And once the demand is increasing already, that is all about profit because the price is going to increase too.
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DoublerHunter
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September 13, 2016, 02:07:43 AM |
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after halving price bitcoin is flat because accident bitfinex, but still is enough good not bad and i think its now bitcoin price trend up i think can reach price in end year 800 dollar every one bitcoin
That's possible and i think it's very easy for bitcoin to reach that. This month the bitcoin is still going up and i think before this year ends the price would $900-1000. So it's advisable to buy more bitcoin while its cheap and keep it for long term because just after a few more months our investments will really pay off .
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goldcoinminer
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September 13, 2016, 04:35:02 AM |
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after halving price bitcoin is flat because accident bitfinex, but still is enough good not bad and i think its now bitcoin price trend up i think can reach price in end year 800 dollar every one bitcoin
That's possible and i think it's very easy for bitcoin to reach that. This month the bitcoin is still going up and i think before this year ends the price would $900-1000. So it's advisable to buy more bitcoin while its cheap and keep it for long term because just after a few more months our investments will really pay off . I am so confident that our patience will pay off before the end of the year, investors are starting have high hopes that their investment will grow on the bitcoins they bought before the halving because the price is starting to surge, this will continue and we cash out by the end of the year.
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deisik
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September 13, 2016, 07:45:04 AM |
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Now is the time when we can say what is really positive side of bitcoin halving and what is opposite.
People's main hope was that after halving bitcoin's price will be double but it won't happen, it is still the same and it's really bad to my mind. Halving is big problem for miners because they can't mine more bitcoins and while the price is almost same, their profit is halfly low + electricity costs. I know some people who were mining bitcoin and after halving they stopped mining and now miners are almost unusable for them. If price would be also doubled after halving than everything would be okey and even more, people would really enjoy it.
How can you say that the price is almost the same? Do you really follow its movement? Since if you did, you would have known that it more than tripled in just under a year prior to the recent halving which was in July. I guess I can safely claim that miners who have been profitably mining a year before the halving are still earning decent profits, even despite the July halving. In other words, if someone has left the field, he can hardly blame the halving for his going since the drop in revenue was offset with a vengeance by the surge in the price... You are entitled to disagree, but let's face the facts and cut the crap
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