gkv9
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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January 30, 2016, 07:56:22 PM |
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I strongly believe it is an excellent thing for bitcoin and all the community since most probably the price will rise then and more people will get interested in bitcoins. Question is, though: since everybody already knows about the halving, isn't it in the price already??
It ain't yet actually, according to me... It just seems a correction of price unless it reaches to a new ATH that is a never expected value of BTC one had ever witnessed before... |
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futureofbitcoin
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January 30, 2016, 09:18:45 PM |
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you guys are totally overestimating the affect of the halving.
Even if the price goes up to say $800 during the summer or whatever, it could be because of hundreds of other factors.
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2legit2
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January 30, 2016, 10:08:04 PM |
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it must be a good thing in my opinion, halving was introduced in order to make the price keep on growing so it has to be a good thing
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romero121
Legendary
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Activity: 3024
Merit: 1214
Vave.com - Crypto Casino
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January 30, 2016, 11:43:02 PM |
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you guys are totally overestimating the affect of the halving.
Even if the price goes up to say $800 during the summer or whatever, it could be because of hundreds of other factors.
I agree, I don't believe that halving gonna bring a great variation, if price increase observed means its just not because of halving. Halving just creates increased demand with decreased production which won't affect the value much |
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Coaxme
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January 31, 2016, 12:40:32 AM |
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you guys are totally overestimating the affect of the halving.
Even if the price goes up to say $800 during the summer or whatever, it could be because of hundreds of other factors.
I agree, I don't believe that halving gonna bring a great variation, if price increase observed means its just not because of halving. Halving just creates increased demand with decreased production which won't affect the value much Agree |
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Amph
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Activity: 3248
Merit: 1070
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January 31, 2016, 07:56:09 AM |
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you guys are totally overestimating the affect of the halving.
Even if the price goes up to say $800 during the summer or whatever, it could be because of hundreds of other factors.
it's the hype around the halvign that it will drive it up crazily, not the halving di per se i don't think we are overestimating this effect of the hype, what it is known is that the value will increase for sure, is guaranteed it may be unstable value, but it will find a new peak |
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MyBTT
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January 31, 2016, 08:23:43 AM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
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Dux2K
Legendary
Offline
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
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January 31, 2016, 09:41:42 AM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
I dont mine btc so im think is goid but for minners think its bad they will use same aount of electricity and will receieve less coins |
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Windpower
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January 31, 2016, 10:00:43 AM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
It is definitely good for the people that have invested in Bitcoin, but it is bad for miners. |
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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January 31, 2016, 11:00:41 AM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
I dont mine btc so im think is goid but for minners think its bad they will use same aount of electricity and will receieve less coins I am quite sure that the mining farms will keep mining as they will make profit even when the price doesn't go up. If the price does go up, then it's just an extra bonus for them. Also, the Chinese exchanges Huobi and OKCoin are definitely up to something. If the price doesn't go up as much from the genuine demand, then these exchanges will come through with a "helping hand". And other exchanges will follow China as usual. |
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Muhtaixa
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February 06, 2016, 03:27:31 PM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
I dont mine btc so im think is goid but for minners think its bad they will use same aount of electricity and will receieve less coins I am quite sure that the mining farms will keep mining as they will make profit even when the price doesn't go up. If the price does go up, then it's just an extra bonus for them. Also, the Chinese exchanges Huobi and OKCoin are definitely up to something. If the price doesn't go up as much from the genuine demand, then these exchanges will come through with a "helping hand". And other exchanges will follow China as usual. The big mining farm will keep on mining as their electricity price will be lower than most people. They planned well before building the farms. |
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fruitcommander
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February 06, 2016, 03:38:56 PM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
It is definitely good for the people that have invested in Bitcoin, but it is bad for miners. Yeah, halving is good for the people who have invested their money in recent past as after halving the price would be much higher, so that they can make some money out of it, if halving will have positive effects then it would benefit many of us. |
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Laosai
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February 06, 2016, 03:46:45 PM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
I dont mine btc so im think is goid but for minners think its bad they will use same aount of electricity and will receieve less coins I am quite sure that the mining farms will keep mining as they will make profit even when the price doesn't go up. If the price does go up, then it's just an extra bonus for them. Also, the Chinese exchanges Huobi and OKCoin are definitely up to something. If the price doesn't go up as much from the genuine demand, then these exchanges will come through with a "helping hand". And other exchanges will follow China as usual. Think so? I heard that before halving if price goes below 300 dollars miners will start loosing money! So if their earnings is cut in half, I'd say that there MUST be a price increase else they'll lose money no? |
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kacak41
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February 06, 2016, 07:50:32 PM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
I dont mine btc so im think is goid but for minners think its bad they will use same aount of electricity and will receieve less coins I am quite sure that the mining farms will keep mining as they will make profit even when the price doesn't go up. If the price does go up, then it's just an extra bonus for them. Also, the Chinese exchanges Huobi and OKCoin are definitely up to something. If the price doesn't go up as much from the genuine demand, then these exchanges will come through with a "helping hand". And other exchanges will follow China as usual. Think so? I heard that before halving if price goes below 300 dollars miners will start loosing money! So if their earnings is cut in half, I'd say that there MUST be a price increase else they'll lose money no? Price will surely increase after halving that is for sure and that is the reason many of us are holding their bitcoins and waiting for halving so that they can sell their bitcoins when the value of bitcoins is higher. |
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Laosai
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February 06, 2016, 08:02:36 PM |
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I am not sure whether it is good for Bitcoin, but it is good for me, because I make money.
I dont mine btc so im think is goid but for minners think its bad they will use same aount of electricity and will receieve less coins I am quite sure that the mining farms will keep mining as they will make profit even when the price doesn't go up. If the price does go up, then it's just an extra bonus for them. Also, the Chinese exchanges Huobi and OKCoin are definitely up to something. If the price doesn't go up as much from the genuine demand, then these exchanges will come through with a "helping hand". And other exchanges will follow China as usual. Think so? I heard that before halving if price goes below 300 dollars miners will start loosing money! So if their earnings is cut in half, I'd say that there MUST be a price increase else they'll lose money no? Price will surely increase after halving that is for sure and that is the reason many of us are holding their bitcoins and waiting for halving so that they can sell their bitcoins when the value of bitcoins is higher. Hmm... your answer is a reasoning showing not a rise but a lower price. If everyone is holding before halving (and I think it's the case) then they'll all sell after the halving. So the price will drop. Call me a fool but I bet the price will significantly rise before the halving, then decrease just after! |
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LarryHocks
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February 06, 2016, 08:35:46 PM |
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Normally a halving is good, since it can increase the price of bitcoin.
But these days it's hard to say what will happen. It won't surprise me if the price will stay the same.
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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February 06, 2016, 09:01:07 PM |
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Normally a halving is good, since it can increase the price of bitcoin.
But these days it's hard to say what will happen. It won't surprise me if the price will stay the same.
I find it hard to believe the price will stay at sub $400 levels when we are seeing the block halving being completed. By that time we'll most likely see a price of above the $500 price level. If it indeed turns out that the price is staying below $400 by that time, then a lot people will get disappointed for sure. |
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iamthesky
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February 06, 2016, 09:05:13 PM |
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Normally a halving is good, since it can increase the price of bitcoin.
But these days it's hard to say what will happen. It won't surprise me if the price will stay the same.
I find it hard to believe the price will stay at sub $400 levels when we are seeing the block halving being completed. By that time we'll most likely see a price of above the $500 price level. If it indeed turns out that the price is staying below $400 by that time, then a lot people will get disappointed for sure. Exactly, it should atleast cross $500 mark after halving but in case if gets stable at $400 then lots of people would start loosing their faith in bitcoins, and would surely sell all their coins. |
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winspiral
Legendary
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Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
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February 06, 2016, 09:19:00 PM |
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the halving is interesting for the bitcoin but unintersting for the miners...
price of bitcoin will then go a little up
mining difficulty will go a little down...because less miners.
many miners will give up because cost for mining will be higher than income.
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Laosai
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February 06, 2016, 09:21:13 PM |
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Normally a halving is good, since it can increase the price of bitcoin.
But these days it's hard to say what will happen. It won't surprise me if the price will stay the same.
I find it hard to believe the price will stay at sub $400 levels when we are seeing the block halving being completed. By that time we'll most likely see a price of above the $500 price level. If it indeed turns out that the price is staying below $400 by that time, then a lot people will get disappointed for sure. Exactly, it should atleast cross $500 mark after halving but in case if gets stable at $400 then lots of people would start loosing their faith in bitcoins, and would surely sell all their coins. Which means the halving is a risk for bitcoin, cause if everyone starts selling there coin, it gonna drop the price too. I'm really afraid of the snowball effect, as EVERYONE is holding their coins for the halving... What will happen? If everyone wants to sell just after the halving to profit the price rise, well the price isn't going to rise. At all. It'll even drop at the risk of fucking up the btc. |
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