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Author Topic: The Halving - Good or Bad for Bitcoin?  (Read 83050 times)
Jmild1
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June 16, 2016, 05:36:03 AM
 #821

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 Cheesy

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.
Price also matters for those who do services that are being paid using bitcoin, price also matters to those traders because it will give them higher profit. I think anyone that is related in bitcoin is really matter when it comes to the price.
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June 16, 2016, 09:16:02 AM
 #822

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.

It's all about the money supply, with the positive side-effect of increased news coverage.

But all in all, the halving is definitely adding to the speculation potential of bitcoin (supply ÷ 2 ~ price × 2)
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June 16, 2016, 09:19:52 AM
 #823

i think hmmm Well the halving can be good but also bad for the bitcoin, the bitcoin will then rise, this is good for the people who have already bitcoin. But I think it will drop heavily after.
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June 16, 2016, 09:48:22 AM
 #824

now you can see for themselves the impact of halving.
halving impact of good and bad, the good thing is the price of bitcoin is currently very high so it is very beneficial if we sell bitcoin today, but on the other hand, bitcoin becomes very difficult to obtain
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June 16, 2016, 11:32:24 AM
 #825

now you can see for themselves the impact of halving.
halving impact of good and bad, the good thing is the price of bitcoin is currently very high so it is very beneficial if we sell bitcoin today, but on the other hand, bitcoin becomes very difficult to obtain
Halving has good effect that my bitcoins will be valued more now but it too have negative effect that Green Members are now onto scam and scamming for penny and the worst part could be that cloudmining will be soon now a scam Sad


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June 16, 2016, 11:59:59 AM
 #826

According to the title 'The Halving - Good or Bad for Bitcoin?' For me its good, we are experiencing bitcoin halving today, In april the price of bitcoin is 403$ but now bitcoin is hitting 724$ . It is almost 3/4 of the April bitcoins price
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June 16, 2016, 12:11:16 PM
 #827

According to the title 'The Halving - Good or Bad for Bitcoin?' For me its good, we are experiencing bitcoin halving today, In april the price of bitcoin is 403$ but now bitcoin is hitting 724$ . It is almost 3/4 of the April bitcoins price

That's true and we will see even more  higher price as we get closer to halving, so this halving is really gonna be profitable for majority of us.
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June 16, 2016, 04:11:16 PM
 #828

According to the title 'The Halving - Good or Bad for Bitcoin?' For me its good, we are experiencing bitcoin halving today, In april the price of bitcoin is 403$ but now bitcoin is hitting 724$ . It is almost 3/4 of the April bitcoins price

The increase is 3/4th of April's price.
75% gain is not bad at all.
Unfortunately, we will never be able to know how much is due to the impending halving, and how much is not.

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June 16, 2016, 05:54:33 PM
 #829

I think the halving is good for Bitcoin economy.  Rarity means more demand than supply which in the end may increase the item's value.  In an investors point of view this is great.  For merchant, this assure them somehow that the Bitcoin they are trading/accepting may never be obsolete in value.  For miners, this might have a negative effect due to less reward but can be negated by bitcoin's continuous price increase.  As of now as we  see the Bitcoin price trend, it is obvious that halving is good for bitcoin.

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June 16, 2016, 10:24:00 PM
 #830

According to the title 'The Halving - Good or Bad for Bitcoin?' For me its good, we are experiencing bitcoin halving today, In april the price of bitcoin is 403$ but now bitcoin is hitting 724$ . It is almost 3/4 of the April bitcoins price

It will not just going to be $724 look at the price now it is already $760+ and for sure it will going to be $800. Or not the good effect of it.
Is going to reach the price of it to $1,000. And if that happens for sure many will going to sell their bitcoins now , so just like law of supply and demand. When there are many supply price is going down.



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June 17, 2016, 06:14:06 AM
 #831

I think the halving is good for Bitcoin economy.  Rarity means more demand than supply which in the end may increase the item's value. 

Halving does not really makes bitcoin rarer because the total amount of bitcoin is 21 millions and nobody can change that. Halving only reduce the amount of bitcoin each block therefore the supply to the miners will be lowered for the next 4 years and that does not male it rarer by any chance

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Jmild1
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June 17, 2016, 06:44:31 AM
 #832

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.
Halving means the block they use to mine will be half making the quantity of bitcoin harder to earn and by that it will also make the value of it go higher. Because big demand with low supply will result to price pump.
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June 17, 2016, 07:16:20 AM
 #833

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.
yeah i think halving also gives a nice effect for bitcoin. you can see the state of the current bitcoin. prices continue to rise and demand continues to grow. I think this is the effect of halving although not yet come
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June 17, 2016, 07:22:14 AM
 #834

You would really have to see about where the price goes, if the hype train follows - and lots of people start delving into Bitcoin around the halving date, then it may increase.
But I don't think it will double ,it'll make ROI take much longer to achieve if they buy miners
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June 17, 2016, 07:23:52 AM
 #835

the halving is good, it force a price increase, this is what we want from bitcoin, without halving no price will increase, because no hype will be generated

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June 17, 2016, 07:25:18 AM
 #836

the halving is good, it force a price increase, this is what we want from bitcoin, without halving no price will increase, because no hype will be generated

Yeah price is moving up only because we are getting closer to halving, so we can expect huge price when we will actually reach there, and this halving will bring good news for all of us.
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June 17, 2016, 07:51:10 AM
 #837

the halving is good, it force a price increase, this is what we want from bitcoin, without halving no price will increase, because no hype will be generated

Yeah price is moving up only because we are getting closer to halving, so we can expect huge price when we will actually reach there, and this halving will bring good news for all of us.

yes halving effects become apparent, when the closer the prices continue to rise. My prediction if this continues we may reach $1,000 in a short time  Shocked Shocked

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June 17, 2016, 07:52:47 AM
 #838

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 Wink

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.
It should be good and that is because the halving will be more worth and you can also see now that the value of Bitcoin is becoming more worth so that is really nice.
Of course you are not for sure for how long it will rise and that is the problem of Bitcoin.
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June 17, 2016, 03:32:37 PM
 #839

Its kind hard to know what is really going to happen in the future with Bitcoin and that is because the value of Bitcoin is always changing so that is really bad of course because you dont even know what will happen later in the future.
But there will be a chance that is can disappear because the value will go down or something.
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June 17, 2016, 04:51:53 PM
 #840

Its kind hard to know what is really going to happen in the future with Bitcoin and that is because the value of Bitcoin is always changing so that is really bad of course because you dont even know what will happen later in the future.
But there will be a chance that is can disappear because the value will go down or something.


Bitcoin is decentralized and the market is a true market. True free markets without intervention will be prone to ups and down, but the overall trend has always been UP. Everytime bitcoin crashed, it set a new floor.
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