The Halving - Good or Bad for Bitcoin?

[TemplarKnightUK]

Of course bitcoin halving will have a good effect on bitcoin itself and its price.Because cutting the supply and being on demands bitcoins price will rise up to its peak.But many miners looks at halvinf a bad thing because during halving it will affect the profit on mining

They have a point, the miners, but let's hope the price rising will cover all the losses connecting with the rising of difficulty. Actually I think it will be more than covered.

But what if it is not?

[Dakron]

It will be good we are expecting more profit after the halving but i do not know if it is will be profitable in the miners but some speculation halving will cut the income of the miner.

[goldcoinminer]

It will be good we are expecting more profit after the halving but i do not know if it is will be profitable in the miners but some speculation halving will cut the income of the miner.

The number of bitcoins they will be receiving after the halving will be lowered due to difficulty in mining and it would only compensate then to continue mining if the price of bitcoins will increase.

[WaffleMaster]

It will be good we are expecting more profit after the halving but i do not know if it is will be profitable in the miners but some speculation halving will cut the income of the miner.

The number of bitcoins they will be receiving after the halving will be lowered due to difficulty in mining and it would only compensate then to continue mining if the price of bitcoins will increase.

So theoretically it should be about the same for miners considering the new s9 is 2.5x more efficient in power than the s7. Since Bitcoin is also rising before, and has a potential to rise after the halving, I think this will counteract the difficulty jump from the s9 and also miners can still make the same profit. Just from a math prospective mining should be 50% more revenue because the 2.5x (less power money) x 1/2 (halving) = 50% more. Now obviously take into account difficulty and the price (which is rising based on speculation) I think it's better or break even as it is right now.

[matt4054]

The number of bitcoins they will be receiving after the halving will be lowered due to difficulty in mining and it would only compensate then to continue mining if the price of bitcoins will increase.

Actually they have managed to control the price before the supply, IMHO

[Sled]

I think the only thing that makes the bitcoin halving bad is the mining difficulty will increased and it will affect a lot for miners because it will take more time to mine bitcoins than before.

[bL4nkcode]

As what I understand about the supply and demand, bitcoin value or its price will rise higher and higher after the halving but the scariest thing is when the time comes that most of bitcoin user will save there btc especially these bitcoin holders that are waiting of the rise of btc value, and few people will mine and these miners thinks that they are lossing, until the time that bitcoin will be less until it gone because of this.

[dezoel]

I think the only thing that makes the bitcoin halving bad is the mining difficulty will increased and it will affect a lot for miners because it will take more time to mine bitcoins than before.

It will  be difficult for miners for sure, but if we talk about the normal users then I think halving will be profitable for them as price has started to move up now which will allow them  to make good profits.

[boyptc]

I think the only thing that makes the bitcoin halving bad is the mining difficulty will increased and it will affect a lot for miners because it will take more time to mine bitcoins than before.

Yeah the mining difficulty is just the bad effect of the upcoming halving, but still I know miners will do something about it. But the most effect of it,
will be a good thing for all consumers of bitcoin.
Because of the price increase the demand of it will become high and more people will going to be encourage in using bitcoin.

[JohnyWalkerUK]

The halving is good for investors because we will most likely make some nice profits with the bitcoin due to the halving.
For miners it will be bad because it will less more profitable in the future.

[boyptc]

The halving is good for investors because we will most likely make some nice profits with the bitcoin due to the halving.
For miners it will be bad because it will less more profitable in the future.

Yeah that's the reality, miners will really have a hard time to mine for bitcoins.
But the reality is that it will really good and profitable for all of us.

[adibe]

I think the halving is good for bitcoin, it's make the price of bitcoin increase so high and makes many people use bitcoin and bitcoin becomes popular.

[peta4e]

I think the halving is good for bitcoin, it's make the price of bitcoin increase so high and makes many people use bitcoin and bitcoin becomes popular.

This halving will surely be profitable for all of us as price has already started to climb up and it will go more higher when we are near to halving.

[afriezalie]

I think halving will bring good news for us. Halving will make less supply on market so the price will be increasing quickly because of same demand. Miner won't suffer huge loss because the price will be higher than today, so they can earn same amount of money as today even though their income in bitcoin will be reduced. In my opinion, halving won't bring any effect to miners

[JumperX]

I think halving will bring good news for us. Halving will make less supply on market so the price will be increasing quickly because of same demand. Miner won't suffer huge loss because the price will be higher than today, so they can earn same amount of money as today even though their income in bitcoin will be reduced. In my opinion, halving won't bring any effect to miners

Halving will be really good for the normal users like us as we have been eagerly waiting to see higher price at the time of halving and now we are positively approaching towards it.

[boyptc]

I think the halving is good for bitcoin, it's make the price of bitcoin increase so high and makes many people use bitcoin and bitcoin becomes popular.

That's true, bitcoin halving is really going to be a good effect for all of us. That speculation of bitcoins price is going to become true.
Because the demand is going to high and also the supply will be less because most of the people are saving their bitcoins in the preparation of halving.
So tendency the price also is going to be high.

[tampazeus]

I think halving will bring good news for us. Halving will make less supply on market so the price will be increasing quickly because of same demand. Miner won't suffer huge loss because the price will be higher than today, so they can earn same amount of money as today even though their income in bitcoin will be reduced. In my opinion, halving won't bring any effect to miners

Halving will be really good for the normal users like us as we have been eagerly waiting to see higher price at the time of halving and now we are positively approaching towards it.

This halving will surely show us some great price of bitcoin which we have never seen in the past, so I think this halving will be definitely profitable for all of us.

[lissandra]

The number of bitcoins they will be receiving after the halving will be lowered due to difficulty in mining and it would only compensate then to continue mining if the price of bitcoins will increase.

Actually they have managed to control the price before the supply, IMHO

When you refer to "they" are you assuming the whales are doing this? lol.

I`m not talking about the whales like the facebook twins or anyone famous. I`m talking about like old ex mining groups like KNC who have still have a big sum of coins.

Or like antpool, anyone who has a large sum through their services in the btc community.

[goldcoinminer]

I think halving will bring good news for us. Halving will make less supply on market so the price will be increasing quickly because of same demand. Miner won't suffer huge loss because the price will be higher than today, so they can earn same amount of money as today even though their income in bitcoin will be reduced. In my opinion, halving won't bring any effect to miners

Halving will be really good for the normal users like us as we have been eagerly waiting to see higher price at the time of halving and now we are positively approaching towards it.

By saying normal users what have you really specified? We have normal users like in gambling, online shopping, investing, trading and etc. I think for me the price would only matter to you if the you are an investors because you profit when the price will increase approaching the halving.

[DarkThrones]

Very good for Bitcoin because what the halving means is that the sell pressure from miners will forever be cut in half. As we all know traders like to sell for more so overall it will be positive after the dust settles.