The Halving - Good or Bad for Bitcoin?

[deisik]

I think The halving is good for bitcoin, it's make the price of bitcoin become expensive and increase. It's attract more people to use bitcoin and bitcoin become popular.

In real life (if Bitcoin were a currency with which goods had been bought) that would lead to a heavy recession (producers wrapping up production and firing their staff). But since Bitcoin has nothing to do with real economy, halving can only make the grassroots jump for joy...

Look for a double top

[fearlesscat10]

I think it will be good for the bitcoin but its still the question if this is true because no one knows how the halving will unwrap and what is coming with it.

It has been coming and the price rise is the effect for that. It will still continue and people will be panicking as soon as it is coming nearer. We still have around 30 days give or take to feel this effect and of course take advantage from it

Yes, HYIP effect makes itself felt. But I think that it is insignificant. The main reason for the growth is now at the moment is the weakening of the yuan, so that Chinese investors are starting to buy Bitcoin. And also still need to follow the latest world news, I mean the confidence of a Bitcoin, the world's major banks and traders.

I think it'll be good for bitcoin because this is how Satoshi designed it to be.

[Cyaren]

I personally believe that halving is going to give bitcoin the push that it needed. The public hasn't heard about bitcoin for quite some time now and now you've got the halving coming up and the price soaring.

The price going up in itself is always good for me, since I've invested in bitcoin heavily

[isen]

It can be only good first of all for us who already own bitcoins for obvious reasons and of course it will attract more people who will learn about bitcoins after the price increase.

[SilverPunk]

It can be only good first of all for us who already own bitcoins for obvious reasons and of course it will attract more people who will learn about bitcoins after the price increase.

Yeah exactly ,it is good or the advantage who knows already bitcoins even before the halving and bad or disadvantage for those who knows it after halving.but if they know or they have a big capital it also a good for them.

[Finestream]

It can be only good first of all for us who already own bitcoins for obvious reasons and of course it will attract more people who will learn about bitcoins after the price increase.

Yeah exactly ,it is good or the advantage who knows already bitcoins even before the halving and bad or disadvantage for those who knows it after halving.but if they know or they have a big capital it also a good for them.

Any amount you put prior to halving can be in safe investment, I think this is easy money as you will expect that the price will steadily increase and you are not doing anything stressful but just simply buy bitcoins and put your money in the bitcoin wallet. This only happens this year and we need more years to prepare for it so for those who has not invested yet this is the opportunity to take our share for being a supporters of bitcoins.

[jiefes]

Halving of BTC reward gives a chance of the next coins and innovation.

[boyptc]

Halving of BTC reward gives a chance of the next coins and innovation.

That will be a bad affect for bitcoin if it will going to give chance for other coins to be more innovated because there is a chance that those alt coins
will replace bitcoin if they are going to be more popular because of the halving.

[Denker]

The halving will affect the bitcoin price in short term.

I don't think so.
The less coins can enter the market due to the block reward getting cut in half each 210000 blocks, the more the coins will rise in value if demand stays the same or keeps moving upwards.Therefore it's a long term effect.

[bit1]

The halving will affect the bitcoin price in short term.

I don't think so.
The less coins can enter the market due to the block reward getting cut in half each 210000 blocks, the more the coins will rise in value if demand stays the same or keeps moving upwards.Therefore it's a long term effect.

I think he was referring to a positive affectation, Agree, ie will have a price increase and effectively due to the drastic reduction of the block reward the prices will keep moving upwards.

[Zilara12]

Hi everyone,could somebody explain me a little bit about what is halving and basics of halving? Cheers!

[Oralmat]

Hi everyone,could somebody explain me a little bit about what is halving and basics of halving? Cheers!

I am surprised, that you are Full member and you don't know about the halving?
You know halving is now on our head, and everyone is talking and asking about it, and most of the threads are here, where people are talking about the halving, also here in this topic, you can read it and you know well about it. its really guide you.     

[Zilara12]

Hi everyone,could somebody explain me a little bit about what is halving and basics of halving? Cheers!

I am surprised, that you are Full member and you don't know about the halving?
You know halving is now on our head, and everyone is talking and asking about it, and most of the threads are here, where people are talking about the halving, also here in this topic, you can read it and you know well about it. its really guide you.     

Thanks,your answer helped me alot! Cheers

[Scream]

The halving will affect the bitcoin price in short term.

you are wrong, the effect of halving will make bitcoin prices in the long term, until the end of the year, even in 2017 will continue to feel the rise in prices of halving

[avikz]

The result is out. As you can see the halving soared the bitcoin price to $570+.

Take example of a normal demand supply chain. Halving means decreased mining rewards (decreased supply) but the demand is going stronger day by day. So the end result is increase in price. And that is what exactly happened.

[Viyamore]

The halving will affect the bitcoin price in short term.

you are wrong, the effect of halving will make bitcoin prices in the long term, until the end of the year, even in 2017 will continue to feel the rise in prices of halving

Yes ,it is the effect of halving is both have good effect in short and in long term term also the bad side of it.the good things is price is getting higher and higher everyday and expecting more the effect until december.

[bitcoin-esperanto]

the halving is not good or bad... it's simply "natural" !
Satoshi has already plan all aspects

[ProfMac]

Hi everyone,could somebody explain me a little bit about what is halving and basics of halving? Cheers!

There are two problems that needed to be solved when bitcoin was introduced.

1.  There needed to be an incentive to mine.
2.  There need to be bitcoins.

A large mining reward solved both of these problems, but there is a 3rd problem as well.  People need to pay the cost of submitting a transaction or else there are freeloaders.

Halving the block reward at intervals puts pressure for miners to take transactions that pay the fee in preference to the freeloaders.  Ultimately, the only incentive to mine will be the fee, when the block reward has diminished to zero.

[bitcoin-esperanto]

Hi everyone,could somebody explain me a little bit about what is halving and basics of halving? Cheers!

There are two problems that needed to be solved when bitcoin was introduced.

1.  There needed to be an incentive to mine.
2.  There need to be bitcoins.

A large mining reward solved both of these problems, but there is a 3rd problem as well.  People need to pay the cost of submitting a transaction or else there are freeloaders.

Halving the block reward at intervals puts pressure for miners to take transactions that pay the fee in preference to the freeloaders.  Ultimately, the only incentive to mine will be the fee, when the block reward has diminished to zero.

nice and clear explanation...I think that we can say goodbye to free fee txs from the next halving

[salmanahmedone]

I think The halving is good for bitcoin, it's make the price of bitcoin become expensive and increase. It's attract more people to use bitcoin and bitcoin become popular.

I have complete faith in bitcoin; ever since I discovered bitcoin in 2012; I’ve made every online transaction using only bitcoin, and now I’m investing in bitcoin, waiting for the halving to come. and halving will be the best for the bitcoins this year and i think we are all waiting for this big event. Lets keep  your eyes crossed.