The Halving - Good or Bad for Bitcoin?

[Jmild1]

Price will be always manipulated by big whales and there are many people who keep on saying that bitcoin will not survive in long run so that people get panic and they sell it lower price.

I dont think so that btc will not survive in long term cuz all are in for that
Maybe it will be little hold up but that will be for few months

Bitcoin now is a normal currency and people are using it for their normal use as like currencies and its market cap is now much huge so it is false that bitcoin will not survive for longer.

I think Dux2K has a point, even we're using this as a normal currency and more people are get use to adopt into it if there's still a manipulation happening on the coin then it is not good for bitcoin. If there are still whales that can manage the price then if we have a quick adoption to bitcoin it will not change the situation that there are whales who can manipulate the coin.

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[expert4knowledge]

Price will be always manipulated by big whales and there are many people who keep on saying that bitcoin will not survive in long run so that people get panic and they sell it lower price.

I dont think so that btc will not survive in long term cuz all are in for that
Maybe it will be little hold up but that will be for few months

Bitcoin now is a normal currency and people are using it for their normal use as like currencies and its market cap is now much huge so it is false that bitcoin will not survive for longer.

I think Dux2K has a point, even we're using this as a normal currency and more people are get use to adopt into it if there's still a manipulation happening on the coin then it is not good for bitcoin. If there are still whales that can manage the price then if we have a quick adoption to bitcoin it will not change the situation that there are whales who can manipulate the coin.

Whales can always influence what they want with mechanisms on bitcoin even one do some adoptions.

[Qunenin]

I think the halving is very Good, the profit is duplicate in one year.

Halving is good for the bitcoin users and the one who have bitcoins with them to get some profit on this event. but i am not so sure if it is good for the miners as the reward is reduced to half.

[co5hike]

I think the halving is very Good, the profit is duplicate in one year.

Halving is good for the bitcoin users and the one who have bitcoins with them to get some profit on this event. but i am not so sure if it is good for the miners as the reward is reduced to half.

Yeah halving will be profitable for the normal users as everyone has bought when price was lower and halving will take price to higher level so they can earn good profits from it.

[escrowboy]

I think the halving is very Good, the profit is duplicate in one year.

Halving is good for the bitcoin users and the one who have bitcoins with them to get some profit on this event. but i am not so sure if it is good for the miners as the reward is reduced to half.

Halving will not be good nor bad on bitcoin because it won't affect the technicality of bitcoin and only the price of it. The one that will really suffer from halving is the miners.

[richardsNY]

I think the halving is very Good, the profit is duplicate in one year.

Halving is good for the bitcoin users and the one who have bitcoins with them to get some profit on this event. but i am not so sure if it is good for the miners as the reward is reduced to half.

Halving will not be good nor bad on bitcoin because it won't affect the technicality of bitcoin and only the price of it. The one that will really suffer from halving is the miners.

It will "only" affect the price.... You say it like it is something minor. Supply and demand is the most important basic rule of any market in the world. Also, miners will only suffer if the price goes back to $300-$400's. If the price stays around the current level or just goes up higher, then miners will have nothing to complain.

[Jmild1]

I think the halving is very Good, the profit is duplicate in one year.

Halving is good for the bitcoin users and the one who have bitcoins with them to get some profit on this event. but i am not so sure if it is good for the miners as the reward is reduced to half.

Halving will not be good nor bad on bitcoin because it won't affect the technicality of bitcoin and only the price of it. The one that will really suffer from halving is the miners.

It will "only" affect the price.... You say it like it is something minor. Supply and demand is the most important basic rule of any market in the world. Also, miners will only suffer if the price goes back to $300-$400's. If the price stays around the current level or just goes up higher, then miners will have nothing to complain.

Agreed. Price is already a major influence that affects bitcoin because a big price means a great progress in bitcoin is happening. $600 is not quite high for miners I think it should be $800 above.

[Skaven]

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...

It is not quiet bad for the bitcoin because we already know that it would happen when we are reaching the half amount of the bitcoin. So it wont affect the price allot
but the miners will have much trouble with it there are allot of miners who needs to stop after the halving because it is not profitable anymore.

[bitcoinisfurture]

I would say it has both good and bad sides. For people who want to buy coins halving comes in super handy. This way they can get the coins cheaper. For people who want to sell this is not that good news.

[chaser15]

Bitcoin now is a normal currency and people are using it for their normal use as like currencies and its market cap is now much huge so it is false that bitcoin will not survive for longer.

No. People today are using bitcoin in investment to take profits. That's why big merchants are having a hard time to consider adding bitcoin in one of their payments methods. Because most of the people and there are big whales around using bitcoin as an investment, we can't never reached a stable price which fiat currencies have.

And because there are lots of positive expectations this halving, people will stick of using this currency for investment purposes.

[deisik]

Bitcoin now is a normal currency and people are using it for their normal use as like currencies and its market cap is now much huge so it is false that bitcoin will not survive for longer.

No. People today are using bitcoin in investment to take profits. That's why big merchants are having a hard time to consider adding bitcoin in one of their payments methods. Because most of the people and there are big whales around using bitcoin as an investment, we can't never reached a stable price which fiat currencies have

This will only work as long as Bitcoin continues to gain in price and/or remains highly volatile. Long-term stagnation as well as price stability will work against it as a speculative vehicle...

So Bitcoin should remain volatile in order to remain attractive

[bitcoin-hunter]

The halving is good but can als be bad, I really do not know what to expect from it honestly because it has a great worth right now.
I hope it will be good and that it will rise to a even high amount.

[GamingBro]

The halving is good but can als be bad, I really do not know what to expect from it honestly because it has a great worth right now.
I hope it will be good and that it will rise to a even high amount.

It's can be bad only if price drop lower than $600 after halving, but at my opinion people in China already know what to do and price will start increasing anyway.

[VAREIDE]

good for traders bad for miners

[Axente]

With the Brexit and other things happening to the world. This will even effect the price more so I think a good thing. Look where we were a year ago.

[fravia]

I think the halving is very Good, the profit is duplicate in one year.

well we dont know what is going to happen to be honest, the price also might drop a lot really fast, though i think that it should grow over time so halving will be beneficial most probably

[boyptc]

good for traders bad for miners

Yes that's it it is good for all of us that do trading and really bad for miners.

The halving is good but can als be bad, I really do not know what to expect from it honestly because it has a great worth right now.
I hope it will be good and that it will rise to a even high amount.

I think we must expect a good thing about halving but for miners they aren't going to expect more.
Let's see what is going to happen few days from now.

[Enotche]

After the award of reducing the situation may develop in two opposite scenarios: on the one hand, the prices of cryptocurrency can continue to grow under the influence of a lower award. On the other hand, Bitcoin exchange rate may go down: fear of instability, investors begin to sell assets kriptovalyutnye.
Another possible consequence of the reduction in awards can become bankrupt or closing miners: some of them have to stop their operations due to the drop in revenue from of mining.

"Thus, the reduction of awards were given as the main reasons for the bankruptcy of the Swedish company KnC Miner. In a statement, CEO Sam Max explained that the cost of mining the coins after the reduction of the awards will be higher income. "We just got into debt," - he concluded."(c)

[BitcoinSupremo]

After the award of reducing the situation may develop in two opposite scenarios: on the one hand, the prices of cryptocurrency can continue to grow under the influence of a lower award. On the other hand, Bitcoin exchange rate may go down: fear of instability, investors begin to sell assets kriptovalyutnye.
Another possible consequence of the reduction in awards can become bankrupt or closing miners: some of them have to stop their operations due to the drop in revenue from of mining.

"Thus, the reduction of awards were given as the main reasons for the bankruptcy of the Swedish company KnC Miner. In a statement, CEO Sam Max explained that the cost of mining the coins after the reduction of the awards will be higher income. "We just got into debt," - he concluded."(c)

He got into debt as electricity is higher in Sweden, but I am sure for the Chinese miners the bitcoin halving will not affect them at all, as long as there will be transaction fees for them, they will continue to keep their miners on and they will still be in profit. Regarding the halving is totally unpredictable but many of us think that the bitcoin price will go up, let's hope we are all right regarding this.

[deisik]

After the award of reducing the situation may develop in two opposite scenarios: on the one hand, the prices of cryptocurrency can continue to grow under the influence of a lower award. On the other hand, Bitcoin exchange rate may go down: fear of instability, investors begin to sell assets kriptovalyutnye.
Another possible consequence of the reduction in awards can become bankrupt or closing miners: some of them have to stop their operations due to the drop in revenue from of mining.

"Thus, the reduction of awards were given as the main reasons for the bankruptcy of the Swedish company KnC Miner. In a statement, CEO Sam Max explained that the cost of mining the coins after the reduction of the awards will be higher income. "We just got into debt," - he concluded."(c)

Google translation of the following news in Russian:

Пocлe coкpaщeния нaгpaды cитyaция мoжeт paзвивaтьcя пo двyм пpямo пpoтивoпoлoжным cцeнapиям: c oднoй cтopoны, цeны нa кpиптoвaлютy мoгyт пpoдoлжить pacти пoд дeйcтвиeм бoлee низкoй нaгpaды. C дpyгoй cтopoны, кypc биткoйнa мoжeт пoйти вниз: oпacaяcь нecтaбильнocти, инвecтopы нaчнy pacпpoдaвaть кpиптoвaлютныe aктивы.

Eщe oдним вoзмoжным пocлeдcтвиeм coкpaщeния нaгpaды мoжeт cтaть бaнкpoтcтвo или зaкpытиe мaйнepoв: нeкoтopым из ниx пpидeтcя пpeкpaтить cвoи oпepaции из-зa пaдeния дoxoдoв oт мaйнингa.

Taк, coкpaщeниe нaгpaды былo yкaзaнo в кaчecтвe ocнoвнoй пpичины бaнкpoтcтвa швeдcкoй кoмпaнии KnC Miner. B cвoeм зaявлeнии диpeктop кoмпaнии Cэм Кoл пoяcнил, чтo зaтpaты нa мaйнинг мoнeты пocлe coкpaщeния нaгpaды бyдyт вышe дoxoдoв. «Mы пpocтo влeзeм в дoлги», — зaключил oн.

After the award of reducing the situation may develop in two opposite scenarios: on the one hand, the prices of cryptocurrency can continue to grow under the influence of a lower award. On the other hand, bitcoin exchange rate may go down: fear of instability, investors begin to sell assets kriptovalyutnye.

Another possible consequence of the reduction in awards can become bankrupt or closing miners: some of them have to stop their operations due to the drop in revenue from of mining.

Thus, the reduction of awards were given as the main reasons for the bankruptcy of the Swedish company KnC Miner. In a statement, CEO Sam Max explained that the cost of mining the coins after the reduction of the awards will be higher income. "We just got into debt," - he concluded.

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