The Halving - Good or Bad for Bitcoin?

[Amph]

Everyone expecting a big rise in the price of a bitcoin after the halving should take a good look at the recent Litecoin halving. The price dropped from the pre-halving bubble high of about $6 down to $3 just before the halving, and 6 months later it is still $3.

again with this no-sense argument, litecoin halving is different it went from 50 to 25, not from 25 to 12.5, so miners have still an overkill profit with litecoin, that's why the pump is not needed, it was an overkill

and anyway the pump happened before, so it's true that at each halving you get at least one big pump, also litecoin is a bit of a doomed coin, not accepted in any store like bitcoin...

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[Laosai]

Everyone expecting a big rise in the price of a bitcoin after the halving should take a good look at the recent Litecoin halving. The price dropped from the pre-halving bubble high of about $6 down to $3 just before the halving, and 6 months later it is still $3.

Wow thanks for that data. I was not aware as I don't follow news about lite coin.

This is exactly my opinion! Everyone expects a huge rise after halving but there was already a rise! Few weeks (two or three months) before the price was at 280$ so it's already a 100$ increase!

Not sure the price will increase after the halving, for me the price will decrease. Everyone is holding their coins waiting for the halving to dump!

[romero121]

This year halving won't have a serious impact on the price of bitcoin. These days the price is increasing and dropping based on the market situation. i think even after or on halving also the same scenario can be observed.

[Denker]

I would say let's see what will happen. We see arguments on both sides why the price will rise and why not.
In the end we all will have to wait what will happen.WIll be very interesting to see how people will react if either one or the other happens.

[BlackPanda]

I think this is good news. because of the presence of halving block will make the deployment of bitcoin is limited. bitcoin currency will be very valuable because it will not be produced again.

[winspiral]

I think this is good news. because of the presence of halving block will make the deployment of bitcoin is limited. bitcoin currency will be very valuable because it will not be produced again.

it is not a news...it was known since the first day of bitcoin life...
It is why it will not change the bitcoin price much,because it is not a news.

[BlackPanda]

I think this is good news. because of the presence of halving block will make the deployment of bitcoin is limited. bitcoin currency will be very valuable because it will not be produced again.

it is not a news...it was known since the first day of bitcoin life...
It is why it will not change the bitcoin price much,because it is not a news.

I say this "good news" and not "news", you try to watch back what I said. This is the "good news".

[doctor877]

I think this is good news. because of the presence of halving block will make the deployment of bitcoin is limited. bitcoin currency will be very valuable because it will not be produced again.

Halving will be good for bitcoins, but the only thing to worry is that the price should not fall down after halving or else people would start loosing trust in bitcoins and that would surely affect the future of bitcoins.

[gkv9]

I think this is good news. because of the presence of halving block will make the deployment of bitcoin is limited. bitcoin currency will be very valuable because it will not be produced again.

Halving will be good for bitcoins, but the only thing to worry is that the price should not fall down after halving or else people would start loosing trust in bitcoins and that would surely affect the future of bitcoins.

Price fell down even when previous halving took place, price fell down when it reached $1k, did people lose trust in bitcoins yet???
Halving will have a tremendous effect on Bitcoin's price, but not on people's trust...

[bit1]

I think this is good news. because of the presence of halving block will make the deployment of bitcoin is limited. bitcoin currency will be very valuable because it will not be produced again.

Halving will be good for bitcoins, but the only thing to worry is that the price should not fall down after halving or else people would start loosing trust in bitcoins and that would surely affect the future of bitcoins.

The price could go up suddenly because the supply will drop drastically.

[Undermood]

The price could go up suddenly because the supply will drop drastically.

No one can know it. What we know is that the supply is increasing, but the speed is slowing down. Every one is expecting the price will increase a lot. No one will guarantee that.

[Dux2K]

I think it is good we will ave more people in this so price has to go up, i hope
Anyway it will be good to have more people and companies involved

[Karartma1]

It's too early to guess what is going to be after the halving but I really hope that we will have a good price increase. More than us it's important what big mining businesses will do. We, the small players, don't have much to say I guess.

[mtnsaa]

I've learned recently that halving on Litecoin affected the price and dropped and now it's almost worthless compared to it considered potential. We just don't know, ideally the value will go up because if something becomes more "scarce" then it will be more valuable. The problem that I'm always trying to mention is that Bitcoin hasn't created any actual demand from the average people, if this goes on and on (Bitcoin being just a commodity and speculation tool) it will face the risk of dying off. People compare it to gold, well that's fine and all but I'm still on the fence.

[avw1982]

It's too early to guess what is going to be after the halving but I really hope that we will have a good price increase. More than us it's important what big mining businesses will do. We, the small players, don't have much to say I guess.

Dude mining will not get affect because of this. Because they will get extra pay for mining from block chain.

It would 100% profit for all kind of bitcoin user whether he is investor or saver. Both will get profit and Price will double the rate for sure.

[jaysabi]

It's too early to guess what is going to be after the halving but I really hope that we will have a good price increase. More than us it's important what big mining businesses will do. We, the small players, don't have much to say I guess.

Dude mining will not get affect because of this. Because they will get extra pay for mining from block chain.

It would 100% profit for all kind of bitcoin user whether he is investor or saver. Both will get profit and Price will double the rate for sure.

It's likely mining will be affected. If price doesn't go up enough to offset the drop in mining revenue, some miners will be mining at a loss. For example, if you are a big miner and narrowly eek out a profit at the current price (figuring in cost of electricity), when the halving occurs, you're suddenly only going to be making half the income in btc, so to continue to eek out the same profit as before, the price has to double. If the price does not double, you're now not making enough btc to pay for the electricity to mine the btc. In theory, this will cause some miners to drop out and the difficulty to fall some. In theory.

[CryptoBjorn]

i believe it is a good thing for bitcoin and its whole community as most probably the price will rise then and more people will get interested in bitcoins

Its a very good thing the price will rise to a higher amount.
The future of the bitcoin is also good, I think its really good for the market price.

[Anddos]

It's gonna be a bad time for miners, that's for sure. But I don't think why it would be bat for bitcoin. I think the price will rise because of it.

[bit1]

The price could go up suddenly because the supply will drop drastically.

No one can know it. What we know is that the supply is increasing, but the speed is slowing down. Every one is expecting the price will increase a lot. No one will guarantee that.

Agree,

    But anyway the probability of goes up is higher I think, something like to $500  sounds reasonable in the first days after halving, probably  $800
in the next months, a thing is safe a new floor is coming.

[Cyaren]

The bitcoin mining progress will slow down and many miners will quit if the bitcoin prices don't go up... However it probably will so it's good news for me