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KingdomHearts
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May 01, 2016, 09:15:31 AM |
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The halving is good for those who have a lot of bitcoins in their wallet while for those who do not have any bitcoin and are busy in collecting bitcoin it will be very hard as they are collecting money for buying but daily with the rise of bitcoin value they are pushing away from buying it.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Muhtaixa
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May 01, 2016, 12:03:33 PM |
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The halving will affect the bitcoin price in short term. The mass adoption of the bitcoin determines its price.
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HelioHash
Full Member
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Activity: 176
Merit: 100
https://twitter.com/HelioHash
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May 01, 2016, 12:17:33 PM |
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Can't be bad, because halving is a
part of bitcoin design.
Each block reward halving represents a triumph for Bitcoin,
for they signify that Bitcoin has remained
relevant enough for mining to continue.
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WEBcreator
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May 01, 2016, 12:26:10 PM |
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The halving will affect the bitcoin price in short term. The mass adoption of the bitcoin determines its price.
The mass adoptions doesnt determines its price. Manipulation does, including rumours and halvings. Few months before and after halvings the price will keep on increasing, no one really cares about mass adoptions now as it is not really necessary for now, takes it as it is because everyone loves the price and this is a fact |
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arwin100
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May 01, 2016, 12:31:13 PM |
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The halving will affect the bitcoin price in short term. The mass adoption of the bitcoin determines its price.
The mass adoptions doesnt determines its price. Manipulation does, including rumours and halvings. Few months before and after halvings the price will keep on increasing, no one really cares about mass adoptions now as it is not really necessary for now, takes it as it is because everyone loves the price and this is a fact Yeah mass adoption to bitcoin is not really necessary for price increase but it have really huge effect for bitcoin because the many the user the more trust to business world and it can gather more income to us, but in this coming halving i really think it has good effect on bitcoin industry becauese it reach again its another miles stone and price increase bad the bad effect of it is the price might go down because if those holding big amount of bitcoin do massive selling well it can it can affect to price down of bitcoin |
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Supercrypt
Legendary
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Activity: 1554
Merit: 1054
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May 01, 2016, 02:42:52 PM |
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There are a lot of people that is saying that the halving will be not that best for the Bitcoin because the value kept already stable for a long time.
So I think also that Bitcoin needs a longer time until the value will be more worth so we can sell it with some nice profit.
Price wise the halving could be good for bitcoin but since the price already climbed, miners can make a decent profit at this prce so there is no reason to expect a price rise. Yes, if the miners also have collected a good amount of bitcoins then they will also earn a good amount of money with halving they should not have to sad on the news of halving but should have to collect as many bitcons as they can. |
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bittrojan
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May 01, 2016, 06:04:26 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...
i believe all bitcoin project is for bitcoin goodness,and also with bitcoin halving,we will wait what will happen to people reaction when halving come,number of block halving,and maybe bitcoin ditribtion will getting little hard,so the price will higher. |
ICO investor. Miner. Bagholder Extraordinaire!
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Hellacopter
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May 01, 2016, 06:18:59 PM |
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I don't think that the halving could be bad for the Bitcoin, especially if the Bitcoin's price will increase highly after this event, this will surely support this crypto currency and make it more popular.
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toy4lov3rs
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May 01, 2016, 06:31:54 PM |
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I don't think that the halving could be bad for the Bitcoin, especially if the Bitcoin's price will increase highly after this event, this will surely support this crypto currency and make it more popular.
Increase of bitcoin price isn't guaranteed what happens if miners stop mining bitcoin? price will crash, we can only expect bitcoins price to rise up after halving but it isn't guaranteed. |
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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May 01, 2016, 06:57:09 PM |
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There are a lot of people that is saying that the halving will be not that best for the Bitcoin because the value kept already stable for a long time.
So I think also that Bitcoin needs a longer time until the value will be more worth so we can sell it with some nice profit.
Price wise the halving could be good for bitcoin but since the price already climbed, miners can make a decent profit at this prce so there is no reason to expect a price rise. Nobody will know what the future will be for Bitcoin but the chance is high that the value keep stable and that is quite bad for the people who are waiting for a price increase. Everyone is hoping that the value will be more worth so they can have more money later with it and that should be perfect. I do not think that the price for the stability for bitcoin at this halving is high, but I will say there is no any chance of stability for about a year and at this July the price will boost up and after a few months will come to a stability. |
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Dwelach
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May 02, 2016, 07:39:02 AM |
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Nobody will know what the value will be of Bitcoin and that is because Bitcoin is a currency so you never know what will happen with the value in the halving.
But the most people are hoping that the value will rise soon so they can earn a lot of money with it.
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arwin100
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May 02, 2016, 09:06:47 AM |
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Nobody will know what the value will be of Bitcoin and that is because Bitcoin is a currency so you never know what will happen with the value in the halving.
But the most people are hoping that the value will rise soon so they can earn a lot of money with it.
Yeah we never know what is the exact price if the halving occur but we can free to speculate like what others do but i think halving good and bad sidento bitcoin and good side for it is the price will surely go up and if your saving now you will surely gain profit after halving and bad side of it is if the halving is occur and price is really high massive selling will be done and those who have big bitcoin amount will dump their bitcoin and it can possibly affect the bitcoins price. |
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kpitti
Legendary
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Activity: 924
Merit: 1002
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May 02, 2016, 12:10:18 PM |
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Halving is favorite topic. No one can say will be Good or Bad for Bitcoin. Halving is part of the Bitcoin as it was defined and build. Therefore it`s good for Bitcoin that it come to this point. Speculation of price is something I will not comment and leave for others who are may be better informed  |
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Wowcoin
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May 02, 2016, 12:17:25 PM |
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No matter if its good or bad coz we do not know after halving has a good result if bitcoin getting higher or lower.
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BitHodler
Legendary
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Activity: 1526
Merit: 1179
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May 02, 2016, 12:20:41 PM |
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Halving is favorite topic. No one can say will be Good or Bad for Bitcoin. Halving is part of the Bitcoin as it was defined and build. Therefore it`s good for Bitcoin that it come to this point. Speculation of price is something I will not comment and leave for others who are may be better informed It's mainly good. Fiat currencies only lose value because of mass printing. If you hold $1,000,000 today, then after 10 years your $1,000,000 will allow you to buy 10-20% less things compared to today. That's all because of the fact that there is flowing more and more money into the economy. This process is non stop and will continue for ever. That's why the block halving is good for Bitcoin. It will make sure Bitcoin doesn't have the same problem fiat has where it's constantly decreasing in value. |
BSV is not the real Bcash. Bcash is the real Bcash.
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senyorito123
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May 02, 2016, 12:40:10 PM |
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Halving is favorite topic. No one can say will be Good or Bad for Bitcoin. Halving is part of the Bitcoin as it was defined and build. Therefore it`s good for Bitcoin that it come to this point. Speculation of price is something I will not comment and leave for others who are may be better informed I can really say that halving is had good effect on bitcoin because by that price of bitcoin will be rise as we see the past halving event it gain more trust satisfaction to user because it makes the price of bitcoin go up and you can serch on wiki for more info about halving you cam see many facts and ideas there. |
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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May 02, 2016, 12:59:29 PM |
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I am not into mining and I dont have the great knowledge about halving.
But just looking at the word and try to understand it "halving" then google some.
It will half the mined blocks right? So mining it will be more harder. If the mined bitcoin is taking time to get 1 then price will increase. Why? There will a lot of demands and no one can produce because it is getting a lot more time to get it. Demands means price increase. Just like in oil and gold.
Sorry if I am wrong I just got the basic knowledge.
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NordicRanger
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May 02, 2016, 01:31:22 PM |
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The halving will affect the bitcoin price in short term. The mass adoption of the bitcoin determines its price.
The mass adoptions doesnt determines its price. Manipulation does, including rumours and halvings. Few months before and after halvings the price will keep on increasing, no one really cares about mass adoptions now as it is not really necessary for now, takes it as it is because everyone loves the price and this is a fact Nobody will know what is going to happen with Bitcoin and that is the problem the most are hoping of course that the halving will be nice for use but we are not for sure. The price keeps stable for a long time and that is quite bad for the most people who wants to make profit fast. |
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silentkiller
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May 02, 2016, 01:43:01 PM |
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no one knows about what will happen when the halving starts.if someone does then he/she will be a millionare after that halving,
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Altcoinsupporter
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May 03, 2016, 02:26:27 PM |
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The halving will affect the bitcoin price in short term. The mass adoption of the bitcoin determines its price.
The mass adoptions doesnt determines its price. Manipulation does, including rumours and halvings. Few months before and after halvings the price will keep on increasing, no one really cares about mass adoptions now as it is not really necessary for now, takes it as it is because everyone loves the price and this is a fact Nobody will know what there will truly is going to happen with the halving with Bitcoin and of course the most people are hoping that the value will be more worth. But the bad thing is that we cant control it and that we just have to wait and see for what will happen and that can takes a long time. And the chance is also high that the value will be more because it already keeps stable for a long time. |
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