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Author Topic: The Halving - Good or Bad for Bitcoin?  (Read 83053 times)
InsideBjorn
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April 29, 2016, 04:01:34 PM
 #481

The most people are saying that the value will be not high in the halving because it kept a long time stable so the chance is small that it will rise up.
So we have to wait a longer time until the value will be more so you need also some patience for it otherwise you are not to be able to sell it with the high value.
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April 29, 2016, 04:04:50 PM
 #482

The most people are saying that the value will be not high in the halving because it kept a long time stable so the chance is small that it will rise up.
So we have to wait a longer time until the value will be more so you need also some patience for it otherwise you are not to be able to sell it with the high value.

halving effect is always in the price...

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April 29, 2016, 04:25:44 PM
 #483

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.

Lol wtf are you talking about. Once the halving happens Bitcoin's mining reward gets cut in half, so we are expecting a price of a x2 increase minimum. We will be higher than current by june, the real rise haven't even begun. For miners to make real profits the price still has to rise a lot and it will, just have some patience. All those small dips of 40 dollar up and down are irrelevant, we are going nowhere but UP.
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April 30, 2016, 06:48:36 AM
 #484

The most people are saying that the value will be not high in the halving because it kept a long time stable so the chance is small that it will rise up.
So we have to wait a longer time until the value will be more so you need also some patience for it otherwise you are not to be able to sell it with the high value.

halving effect is always in the price...

sure mate we cant predict whether it is good or bad, both depends upon the price, i expect that the halving will be more valuable to its users as we can see a good rise in the price upto $900 at the time of halving.

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April 30, 2016, 08:56:26 AM
 #485

Longer-term, also good because - bigger demand - lower supply = price rising.
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April 30, 2016, 01:59:38 PM
 #486

Nobody will know what the halving will bring and that is the problem because you also dont even know what to do sometimes with the currency and that can be a problem to you.
So it is now better if you are waiting a longer time and than you can make profit later in the future maybe.
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April 30, 2016, 02:04:29 PM
 #487

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.

Lol wtf are you talking about. Once the halving happens Bitcoin's mining reward gets cut in half, so we are expecting a price of a x2 increase minimum. We will be higher than current by june, the real rise haven't even begun. For miners to make real profits the price still has to rise a lot and it will, just have some patience. All those small dips of 40 dollar up and down are irrelevant, we are going nowhere but UP.
What is to be expected is not always so. You are expecting a 100% increase... from what point, though? If you mean from right now, then I highly doubt it. If you mean from last year, then we've already passed that point [it was around 230 or something in the later months]. It's not like as soon as we hit the halving block the price will instantly jump up (without market manipulation) to double its price. That's not how economics works. Halving the supply does increase the price, I will admit to that. However, we'll be halving the INTAKE of the supply. That is different.

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April 30, 2016, 03:11:32 PM
 #488

Nobody will know what the halving will bring and that is the problem because you also dont even know what to do sometimes with the currency and that can be a problem to you.
So it is now better if you are waiting a longer time and than you can make profit later in the future maybe.

each market in the world is unpredictable for the average trader. only market movers have a clue of where the price is heading to. they have enough financial power to move markets in their desired direction. it's a normal thing and definitely not a problem.
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April 30, 2016, 03:34:25 PM
 #489

Nobody will know what the halving will bring and that is the problem because you also dont even know what to do sometimes with the currency and that can be a problem to you.
So it is now better if you are waiting a longer time and than you can make profit later in the future maybe.
so true. the only hope we will be taken by halving is the addition of bitcoin prices and price stability, but it is something that is uncertain, but it is the greatest possible

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May 01, 2016, 06:46:29 AM
 #490

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.

Price wise and adoption wise bitcoin halving is truly a profitable for users as well miners. Only the increasing user rate takes bitcoin further for several halving in the coming years.

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May 01, 2016, 06:58:44 AM
 #491

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 it is true that the price is increased already, but at halving the price will increase more as the feefor miners will be reduced to half, and so it is said they they will less mine as today and in that way demand will increase and supply will decrease and so the price increase will occur.
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May 01, 2016, 06:59:06 AM
 #492

well it depend because at some point if the price will not increase there will be zero incentive for them to mine, unless they have free electrcity, but even then if the price is very low, they can not add other equipments and the network will not grow and can be vulnerable

and i doubt every single miners out there will have free electricity in the best scenario, so many will simply leave the game

When you write things like "zero incentive", "free electricity", and "every single miner", you are being absurd. None of those apply. It isn't worth discussing.


i'm just stating the truth, and what will never happen, there is no way the miners can continue to mine when the reward is almost zero if the price do not increase with the halving

If I may ask, is it possible that the current price of bitcoin has already factored in the halfing?  And I mean this in an efficient market hypothesis kind of way.  I don't pretend to understand bitcoin fully, but this halving is known well in advance.

yeah and it's the reason why we are safe already for this halving, but for the next one we need again a price increase

i've calculated that miners can continue to mine even below $100(around 70) per btc until this halving, and below $200(or around that) for the next one and so on

but this is the minimum, their profit would be very insignificant....

Now, i would like to see that calculation you made, please share  Roll Eyes

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May 01, 2016, 07:03:38 AM
 #493

I think the most likely suffer Halving the price up. I personally do not know what will happen after Halving whether prices will increase or remain the same, but most people believe that the price will rise, and it plays into the hands of speculators, and due to these sentiments, the demand and the actual price are growing.
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May 01, 2016, 07:05:01 AM
 #494

I believe the regular halving, note not just this halving in particular, is good for BTC. The main reason is because it controls the total money supply that can be added into existence over time. That's what makes BTC so special, I think.
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May 01, 2016, 07:09:01 AM
 #495

halving is a decrease in the number bitcoin reward. I think with the dwindling supply bitcoin, the bitcoin will be increasingly sought after. This is good news because bitcoin will have an ever increasing prices in the market.

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May 01, 2016, 07:15:05 AM
 #496

My friend says that bitcoin halving is good for bitcoin earners and traders and theres a bad for all bitcoin user except traders. Because when the bitcoin halving comes the price will be high i think almost $700 but the bad thing here is when the price is high many bitcoin users sell their btc. If many bitcoin users sell it the price of bitcoin dump at lowest price so its a bad for bitcoin users. But if we cooperate that we dont sell all our bitcoin we can prevent it. But many traders want it happen so that they can earn more. They want to buy bitcoin at lowest price and sell it at high price.(correct me please if im wrong).

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May 01, 2016, 07:54:00 AM
 #497

My friend says that bitcoin halving is good for bitcoin earners and traders and theres a bad for all bitcoin user except traders. Because when the bitcoin halving comes the price will be high i think almost $700 but the bad thing here is when the price is high many bitcoin users sell their btc. If many bitcoin users sell it the price of bitcoin dump at lowest price so its a bad for bitcoin users. But if we cooperate that we dont sell all our bitcoin we can prevent it. But many traders want it happen so that they can earn more. They want to buy bitcoin at lowest price and sell it at high price.(correct me please if im wrong).
I just wondering who want to buy Bitcoin at high price even though they can buy before at lower price before the halving. So, they are those traders, aren't they?
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May 01, 2016, 08:06:18 AM
 #498

The most people are saying that the value will be not high in the halving because it kept a long time stable so the chance is small that it will rise up.
So we have to wait a longer time until the value will be more so you need also some patience for it otherwise you are not to be able to sell it with the high value.

halving effect is always in the price...

yeah directly halving indeed give effect to the bitcoin prices due course will demand more effect after bitcoin be reduced in number. but more than halving it You see many people have this enthusiasm will halving?
they even invite their friends to join? halving not just about price ?
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May 01, 2016, 08:14:29 AM
 #499

My friend says that bitcoin halving is good for bitcoin earners and traders and theres a bad for all bitcoin user except traders. Because when the bitcoin halving comes the price will be high i think almost $700 but the bad thing here is when the price is high many bitcoin users sell their btc. If many bitcoin users sell it the price of bitcoin dump at lowest price so its a bad for bitcoin users. But if we cooperate that we dont sell all our bitcoin we can prevent it. But many traders want it happen so that they can earn more. They want to buy bitcoin at lowest price and sell it at high price.(correct me please if im wrong).
Of course people will constantly repeat their buy low and sell high trading method and I can't blame them for doing that because I do the same and will continue to do that.

Bitcoin is a free market where people can pump the price as high as they want and they can also dump it as low as they want.

Nothing wrong with that as it allows small traders like we are to benefit from the greed of whales when they pump or dump the price in order to create panic.

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May 01, 2016, 08:46:12 AM
 #500

I think halving is really good for bitcoin. I mean Halving make the price of bitcoin increase so high and for me it's really good for bitcoin because many popular will attracted to bitcoin.
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