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Author Topic: The Halving - Good or Bad for Bitcoin?  (Read 83050 times)
bit1
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June 19, 2016, 08:32:23 PM
 #881

To miners could be  the same thing if the price is doubled.
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June 20, 2016, 06:38:29 AM
 #882

The difficulty does not affect the cost, on the contrary, investors buy cryptocurrency, miners include miners saw that there was a margin, the price drops, miners turned off. Do not confuse cause and effect. Rather, in the run-up to Halving reward for mining investors probably push the price up to network capacity does not drop much when it comes time Halving.
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June 20, 2016, 07:06:38 AM
 #883

As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...

Well i actually think that bitcoin halving is good for everyone, well almost everyone, as it's price will riseso this will lead to larger popularity

And i think that it is good for everyone except  miners, as they will get less profit if bitcoins price won't rise at all i think
It is hard to know because you dont even know what will happen with the value of Bitcoin in the halving and of course you can see now that it is rising so that is quite nice.
But we are now still for sure what is going to happen later in the future.
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June 21, 2016, 12:10:30 AM
 #884

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.
what if the demand is decreasing and does not rise? of course that happens prices will fall? instead of rising. halving will give a nice effect if bitcoin demand also rose. yeah of course miner will be increasingly difficult to get a free bitcoin. of course it was a risk for miner

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June 21, 2016, 01:19:12 AM
 #885

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.
what if the demand is decreasing and does not rise? of course that happens prices will fall? instead of rising. halving will give a nice effect if bitcoin demand also rose. yeah of course miner will be increasingly difficult to get a free bitcoin. of course it was a risk for miner



If the demand is decreasing then tendency price will fall. This is just applies the law of supply and demand. There are many people now are selling their bitcoins, so it means there are lot of supplies now in the economy. So, the demand will decrease. Tendency price drop now is happening.



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June 21, 2016, 08:44:43 AM
 #886

for this time halving can be good for us as investors if the price goes up high like it did last time and it will create a good chance for making a good profit.
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June 21, 2016, 09:01:32 AM
 #887

It is hard to predict what will happen in the future with Bitcoin and that is hard to know what will happen in the halving with Bitcoin but you see that it is now rising.
But you dont know when it will stop rising and that is the risky thing of Bitcoin.
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June 21, 2016, 11:11:59 AM
 #888

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.
what if the demand is decreasing and does not rise? of course that happens prices will fall? instead of rising. halving will give a nice effect if bitcoin demand also rose. yeah of course miner will be increasingly difficult to get a free bitcoin. of course it was a risk for miner



If the demand is decreasing then tendency price will fall. This is just applies the law of supply and demand. There are many people now are selling their bitcoins, so it means there are lot of supplies now in the economy. So, the demand will decrease. Tendency price drop now is happening.

With just a dump today you can considered that as tendency price drop now?

I considered it just a normal price move and eventually it can keep up again and will back again to the range where it begans.

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June 21, 2016, 02:07:34 PM
 #889

The halving is not bad for the Bitcoin but it is bad for the people that want to earn coins because now after the halving it becomes way harder to earn Bitcoins.
But because of the halving coming the price is going up fast which is a good.
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June 21, 2016, 02:45:26 PM
 #890

The halving is not bad for the Bitcoin but it is bad for the people that want to earn coins because now after the halving it becomes way harder to earn Bitcoins.
But because of the halving coming the price is going up fast which is a good.

Which is good for pioneers! The one that will benefit most and might get a huge profit will be the long-time bitcoin users.
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June 21, 2016, 03:11:06 PM
 #891

so far I only see the good effects of the halving, because it makes so many users bitcoin into a profit, but on the other hand, perhaps halving it has a bad effect, that because a lot of people who hold bitcoin them, when they sell bitcoin they hold, it will affect the price and the other bitcoin holders
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June 21, 2016, 03:23:20 PM
 #892

so far I only see the good effects of the halving, because it makes so many users bitcoin into a profit, but on the other hand, perhaps halving it has a bad effect, that because a lot of people who hold bitcoin them, when they sell bitcoin they hold, it will affect the price and the other bitcoin holders

We should be one of them, we should also sell our coins when price goes higher as only holding will never allow you to make profits, better to sell when price goes higher.
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June 21, 2016, 03:57:23 PM
 #893

so far I only see the good effects of the halving, because it makes so many users bitcoin into a profit, but on the other hand, perhaps halving it has a bad effect, that because a lot of people who hold bitcoin them, when they sell bitcoin they hold, it will affect the price and the other bitcoin holders

We should be one of them, we should also sell our coins when price goes higher as only holding will never allow you to make profits, better to sell when price goes higher.

It's not necessarily bad because when halving makes people talk about bitcoin. The talk and the high prices may make other people get interested in bitcoin, but at that point the price is too high to buy in. When holders sell, the price will adjust and more people can buy in and adoption overall increases.

I don't think anything about halving is bad really.

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June 25, 2016, 05:57:26 PM
 #894

so far I only see the good effects of the halving, because it makes so many users bitcoin into a profit, but on the other hand, perhaps halving it has a bad effect, that because a lot of people who hold bitcoin them, when they sell bitcoin they hold, it will affect the price and the other bitcoin holders

We should be one of them, we should also sell our coins when price goes higher as only holding will never allow you to make profits, better to sell when price goes higher.

The catch is that we never know if the price is too high or too low. The whales determine the price and make profit.
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June 26, 2016, 02:34:29 AM
 #895

The halving will be a good thing because you can make good profit with holding and that is why its positive.
The price will rise to a higher amount due to the halving that is coming next month.
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June 26, 2016, 10:22:17 AM
 #896

The halving will be a good thing because you can make good profit with holding and that is why its positive.
The price will rise to a higher amount due to the halving that is coming next month.
More likely to rise because base on what we are seeing the last few days although the price fall back a bit but it is starting to rise again. With that movement that is a positive trend to qualify our prediction.

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June 26, 2016, 10:51:10 AM
 #897

in my understanding the reward for miners will soon be cut in half from 25 bitcoins to 12.5 bitcoins and because of rhat the bitcoin price should rise  make it still profitable for the miners.
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June 26, 2016, 10:55:13 AM
 #898

in my understanding the reward for miners will soon be cut in half from 25 bitcoins to 12.5 bitcoins and because of rhat the bitcoin price should rise  make it still profitable for the miners.

it should be but for small miners it will not
still this don't need to be that price will go up

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June 26, 2016, 11:06:06 AM
 #899

in my understanding the reward for miners will soon be cut in half from 25 bitcoins to 12.5 bitcoins and because of rhat the bitcoin price should rise  make it still profitable for the miners.

it should be but for small miners it will not
still this don't need to be that price will go up

The current cost to mine a bitcoin including the current difficulty is in the high 200s. Therefore if you double that, the price would have to reflect this in the low 600s. The rest would mean profit to the miners, so I'm expecting a steady climb to $1200 by November
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June 26, 2016, 11:10:35 AM
 #900

As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
The Halving is probably a good thing for the Bitcoin, because Bitcoin will be able to stabilize and even why not go up in value.
But I agree with you, the transaction fees will go up, you can use Bitcoin online wallets as Xapo that have no transaction fees but do not communicate the private keys to their users, so that it is not very secure.
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