Indrawan77
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March 24, 2016, 12:00:16 AM |
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In a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit
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knowhow
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March 24, 2016, 04:48:42 AM |
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In a lot of expert prediction after halving bitcoin price will be rise and even sky rocket, so i believe halving is going to give more profit to user, but every action will have effect the miners will have difficulty to gain more profit
. Miners dont wanna to get more but being able to keep atleast the actual income ,the halving will for sure impact bitcoin value,lets see if will be created another buble or will get stronger.
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pooya87
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March 24, 2016, 05:15:23 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...
U think that it is very good for bitcoin because price will rise, and when price of bitcoin rises of course that it is very good for bitcoin Just i am afraid that after halving price of bitcoin will fall because everyone will sell them it is good for bitcoin not because of price but because it slows down the speed of creating new coins, which will work towards creating a fixed amount of bitcoin in circulation (the max amount) the price rise is just a speculation.
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BruceLee007
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March 24, 2016, 06:54:31 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...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin
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n0ne
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March 24, 2016, 11:29:47 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...
U think that it is very good for bitcoin because price will rise, and when price of bitcoin rises of course that it is very good for bitcoin Just i am afraid that after halving price of bitcoin will fall because everyone will sell them it is good for bitcoin not because of price but because it slows down the speed of creating new coins, which will work towards creating a fixed amount of bitcoin in circulation (the max amount) the price rise is just a speculation. On halving bitcoin won't get a fixed price due to the reduction in the production of coins. A standard price might get fixed. The price goes down on very critical situations.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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March 24, 2016, 12:17:46 PM |
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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...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work.
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winspiral
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Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
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March 24, 2016, 01:36:47 PM |
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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...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work. Absolutly no reason that after a halving the price of bitcoin doubles...
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Denker
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Activity: 1442
Merit: 1014
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March 24, 2016, 02:09:21 PM |
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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...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work. Absolutly no reason that after a halving the price of bitcoin doubles... Price is mostly dictated by demand. When in july reward gets halved and demand will stay the same, what is very likely, guess what will happen with the price? Theoretically it has to increase right?! The thing is we don't know if it's already priced in in because halving is a known and predictable event. Will be very interesting to see what will happen.Especially the first 3-4 months after the halving.Last time we saw a delay in price increase as well.
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winspiral
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Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
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March 24, 2016, 02:15:43 PM |
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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...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work. Absolutly no reason that after a halving the price of bitcoin doubles... Price is mostly dictated by demand. When in july reward gets halved and demand will stay the same, what is very likely, guess what will happen with the price? Theoretically it has to increase right?! The thing is we don't know if it's already priced in in because halving is a known and predictable event. Will be very interesting to see what will happen.Especially the first 3-4 months after the halving.Last time we saw a delay in price increase as well. You are righ...but if the demand does not increase...and stay same than now...the btc price will decrease after the halving because even after the halving the nb of coins increases even if it increases less than now. I'm used about this theory because all my systems turn arround this principle...
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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March 24, 2016, 02:33:38 PM |
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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...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work. Absolutly no reason that after a halving the price of bitcoin doubles... i didn't say the price will double after the block halving. i just gave that person an example of how things may be "if" the price would double.
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pitham1
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Activity: 1232
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March 25, 2016, 04:18:03 AM |
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You are righ...but if the demand does not increase...and stay same than now...the btc price will decrease after the halving because even after the halving the nb of coins increases even if it increases less than now.
I'm used about this theory because all my systems turn arround this principle...
If your logic is right, the price of bitcoins should decrease continuously (not just after the halving) because the number of bitcoins is continuously increasing, even if demand remains constant. This is obviously not the case.
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winspiral
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March 25, 2016, 11:36:36 AM |
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You are righ...but if the demand does not increase...and stay same than now...the btc price will decrease after the halving because even after the halving the nb of coins increases even if it increases less than now.
I'm used about this theory because all my systems turn arround this principle...
If your logic is right, the price of bitcoins should decrease continuously (not just after the halving) because the number of bitcoins is continuously increasing, even if demand remains constant. This is obviously not the case. You are righ...i were confuse... IF (I say IF) demand stay same and number of bitcoin increase the price can only decrease... IF the price is increasing since Bitcoin start it is why the demand is increasing and not constant. In other words...halving will elp for less decreasing if the demand remains constant. In 4 years the halving will have less effect and in 8 years till less... in 12 years we will have so many BTC on the market that the halving will have almost "zero" effect.
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Kingno.1
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March 25, 2016, 03:42:06 PM |
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It totally depends on a person's opinion and condition with bitcoins. If you have already earned lots of bitcoins then it is a boon for you. But on the other hand, if you have just started with mining, the it will surely be a curse for you.
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crazyivan
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March 25, 2016, 04:27:56 PM |
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I think it ll be quite good, it ll push the price a bit up. This is will foster media attention and bring more people into crypto. So, all in all, good move.
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Red-Apple
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March 25, 2016, 04:46:42 PM |
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halving can be good for us as investors if the price goes up high like it did last time and it will create a good chance for making a good profit.
but it also can be bad if it created an unstable price which might cause many to buy at the top and lose money and lose faith in bitcoin.
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KennyR
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March 25, 2016, 05:43:32 PM |
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halving can be good for us as investors if the price goes up high like it did last time and it will create a good chance for making a good profit.
but it also can be bad if it created an unstable price which might cause many to buy at the top and lose money and lose faith in bitcoin.
That's the fact of bitcoin. It had given good profit on halving during the past, so people expecting the same this time. Only time give us the right answer.
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Blackmet
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March 25, 2016, 09:01:53 PM |
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halving can be good for us as investors if the price goes up high like it did last time and it will create a good chance for making a good profit.
but it also can be bad if it created an unstable price which might cause many to buy at the top and lose money and lose faith in bitcoin.
That's the fact of bitcoin. It had given good profit on halving during the past, so people expecting the same this time. Only time give us the right answer. We already can say that miners will lose a lot after halving but time really give us the right answer how much they will lose.
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lissandra
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March 25, 2016, 09:10:16 PM |
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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...
yes halving means that miners will get 50% less money so price will have to go up or they'll have to stop mining but i think that it is good for bitcoin, because price will grow for sure, also more people will buy bitcoin so halving is really good for bitcoin less money? you mean less coins. these 2 things are very different. if the price doubles from the current price level after the halving, then they get the same amount of money/fiat as they do right now. in that aspect nothing will change. if the price doesn't go up after the halving, then they indeed get less fiat in return for a found block. even if some miners decide to stop. the difficulty will go down which will attract other miners to put their hardware to work. Absolutly no reason that after a halving the price of bitcoin doubles... Price is mostly dictated by demand. When in july reward gets halved and demand will stay the same, what is very likely, guess what will happen with the price? Theoretically it has to increase right?! The thing is we don't know if it's already priced in in because halving is a known and predictable event. Will be very interesting to see what will happen.Especially the first 3-4 months after the halving.Last time we saw a delay in price increase as well. You are righ...but if the demand does not increase...and stay same than now...the btc price will decrease after the halving because even after the halving the nb of coins increases even if it increases less than now. I'm used about this theory because all my systems turn arround this principle... The theory of "demand" is a bit skewed in the sense of 1 person can be the demand. Your point is if more users will fill that demand. But we seen groups like knc miner or 1 big entity taken up as the "demand" which splurges the price.
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knowhow
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March 26, 2016, 03:02:28 AM |
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The halving has been made to make and force bitcoin to get a bigger value,otherwise we would see all the coins mined over the next 20 years maybe.Nakamoto made them to make bitcoin grow over time ,not to let it on the hands of big holders to pump and dump.
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avw1982
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March 26, 2016, 03:08:14 AM |
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The halving has been made to make and force bitcoin to get a bigger value,otherwise we would see all the coins mined over the next 20 years maybe.Nakamoto made them to make bitcoin grow over time ,not to let it on the hands of big holders to pump and dump.
Ha ha ha. To see Satoshi's price expectations We have not reached the ground also, Its a simple price what we are seeing currently. In the year of 2050. Bitcoin will be worth of 10000$ for sure. Thats why many people in europe They use purchase many bitcoins as much they get the salary. Stick to purchase bitcoins as much you can to make good profit in future at least in halving time.
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