The Halving - Good or Bad for Bitcoin?

[Junko]

The halving is good for bitcoin, otherwise Satoshi wouldn't have incorporated it into the protocol. The halving also seems to create/will create an extra buzz about bitcoin every few years. So that's good.

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[Embroiderymate]

Good as the price can now only raise in price.

[deuce22]

I think halving is good.

[BitcoinPaw]

For bitcoin users it's really good and i think if it's good for users it's might be good for bitcoin, price is going up, bitcoin increasing popularity, i think it's good.

[WEBcreator]

For bitcoin users it's really good and i think if it's good for users it's might be good for bitcoin, price is going up, bitcoin increasing popularity, i think it's good.

The popularity of bitcoin is not from the price, the price doesnt really matter. People just keep saying this hoping that they could sell their btc in a high price however people should stop fooling themselves with this statement that the price will increase bitcoin's popularity and force mass adoption

[goldcoinminer]

For bitcoin users it's really good and i think if it's good for users it's might be good for bitcoin, price is going up, bitcoin increasing popularity, i think it's good.

The popularity of bitcoin is not from the price, the price doesnt really matter. People just keep saying this hoping that they could sell their btc in a high price however people should stop fooling themselves with this statement that the price will increase bitcoin's popularity and force mass adoption

Yes, absolutely, but the more people are very optimistic that the price will appreciate after the halving, they will be holding their bitcoin and make the supply get affected, you can see price increase as a result of people holding their bitcoins. The law of supply and demand play then.

[boyptc]

I really don't what will happen after the halving but base on the many opinions here while I'm reading. Many believes that bitcoin halving will have a good effect to us. Because it will increase the price of bitcoin after it happens.

[bit101]

The Halving should be the best option for bitcoin as it will stimulate usage of the digital currency and indirectly force a price raise

[ElpadroBitcoin]

There are a lot of people saying that the value of Bitcoin keeps stable and that is because it is not rising now and that would be bad for the most people who already have Bitcoin.
Because they must now wait a longer time until the value will be more and that is bad.

[bob123]

Price will probably rise in the long term regarding the Halving.

[winspiral]

Price will probably rise in the long term regarding the Halving.

or the opposite if the halving is already in the price...who knows?

[martha5dool]

The bitcoin mining progress will slow down and many miners will quit if the bitcoin prices don't go up

[hawkins]

Price will probably rise in the long term regarding the Halving.

or the opposite if the halving is already in the price...who knows?

I feel that halving will make bitcoin prices higher. so the high price good or not for bitcoin, I guess it was something that was very good. so halving it would be good

[goldcoinminer]

Price will probably rise in the long term regarding the Halving.

or the opposite if the halving is already in the price...who knows?

I feel that halving will make bitcoin prices higher. so the high price good or not for bitcoin, I guess it was something that was very good. so halving it would be good

That's what we believe and we are hoping to happen here, that is because many bitcoin believers have already invested a decent amount now and still buying hoping that the price will rise after halving. If we continue to do that trend this massive adoption will be good for the future value.

[pureclckr]

Halving is good for everyone

[betohell]

Good as the price can now only raise in price.

halving also can be bad when prices begin to rise and all those who have held them long enough bitcoin. then they all sell all their bitcoin? and prices will fall dramatically

[btcltccoins]

Do you know Halving is a big event of bitcoins, it is a good news for bitcoin's people, when halving is coming automatically the price of bitcoin is increasing and it is really good, so diffidently Halving is Good for us.

[winspiral]

Do you know Halving is a big event of bitcoins, it is a good news for bitcoin's people, when halving is coming automatically the price of bitcoin is increasing and it is really good, so diffidently Halving is Good for us.

And do you believe that people are enough "idiot" to waite the halving?
of course not...it is why the halving effect is already in the price and when the halving occured...the effect is old storry...

[italianobitcoin]

The chance is high that the value is going to rise slowly and that is because the value is not even that high because it kept stable for a long time and that is quite bad.
But many people are also saying that the value will be not even that high in the future because it will rise next year are they saying.

[Nimbulan]

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 think that it is good for bitcoin but not so good for miners, good for bitcoin because price will rise for sure, and higher price - better for bitcoin as more people buy it and more stores accept it

but bad for miners because to get profit from mining, price of bitcoins will have to rise, and if it won't rise enough, miners won't get any profit so they will have to leave their jobs