The Halving - Good or Bad for Bitcoin?

[rekinthis]

of course halving is a really great thing because it allows the price to grow

Halving did really a good job for us, why? Because look at the price of bitcoin now, it's kinda stable from the price ranging $650-$670 and for me that is really a good price at all. And it is the one that I'm thinking for the past months if the price of bitcoin is going to be stable at that price.
And it happened, thanks to halving.

Technically halving isn't the reason why the price boost but no doubt that because of halving speculations why we are here in the price like this today. Without that halving speculation maybe we are still sitting in below $500 price range.

well people buy during the halving and hey push the price so you are technically correct about it, in my opinion it is definitely good because it lowers the supply of bitcoin

[OrangeII]

of course halving is a really great thing because it allows the price to grow

Halving did really a good job for us, why? Because look at the price of bitcoin now, it's kinda stable from the price ranging $650-$670 and for me that is really a good price at all. And it is the one that I'm thinking for the past months if the price of bitcoin is going to be stable at that price.
And it happened, thanks to halving.

Technically halving isn't the reason why the price boost but no doubt that because of halving speculations why we are here in the price like this today. Without that halving speculation maybe we are still sitting in below $500 price range.

well people buy during the halving and hey push the price so you are technically correct about it, in my opinion it is definitely good because it lowers the supply of bitcoin

Well, if it makes the price of bitcoin ride, and do not reduce our revenue, I think it is a good thing, especially if the price goes up with a high, but if it could make a number of BTC we get down, I think it is still profitable, because we just need to find ways that we can increase revenue bitcoin we get each month. 

[goldcoinminer]

of course halving is a really great thing because it allows the price to grow

Halving did really a good job for us, why? Because look at the price of bitcoin now, it's kinda stable from the price ranging $650-$670 and for me that is really a good price at all. And it is the one that I'm thinking for the past months if the price of bitcoin is going to be stable at that price.
And it happened, thanks to halving.

Technically halving isn't the reason why the price boost but no doubt that because of halving speculations why we are here in the price like this today. Without that halving speculation maybe we are still sitting in below $500 price range.

well people buy during the halving and hey push the price so you are technically correct about it, in my opinion it is definitely good because it lowers the supply of bitcoin

Well, if it makes the price of bitcoin ride, and do not reduce our revenue, I think it is a good thing, especially if the price goes up with a high, but if it could make a number of BTC we get down, I think it is still profitable, because we just need to find ways that we can increase revenue bitcoin we get each month. 

People believe that the price will increase because the halving happened this year and now we have not witness any price increase year. It does not really shorten the supply but it would increase the difficulty of mining that should increase also the reward and it would only happen if there is a price increase.

[Dudeperfect]

I am not a miner but still I would like to give my 2 cents about this topic. I think halving is good for bitcoin because it regulates the inflow of bitcoin in the market. The inflow of bitcoin will decrease due to halving but it will make sure that there is sustainable inflow of bitcoins. Halving is something that makes mining more systematic process rather than greedy process to acquire more and more coins. It’s beneficial and must for the currency having limited supply.

[entrepmind23]

Halving is good because it controls the flow of bitcoin mined and it has limited supply so it will regulate the flow and being greedy of other miners will be avoided because its controlled. As time goes by, bitcoin mined is lesser and lesser and the effect would be higher demand and lower supply which will make the price go up and an advantage to bitcoiners.

[Eidheen]

I think it's a good thing, halving was introduced in order to make the price keep on growing. But because right now many people are already expecting it, the price might be still stable.

[Klima]

I think it's a good thing, halving was introduced in order to make the price keep on growing. But because right now many people are already expecting it, the price might be still stable.

If such a situation will recur how it happened will not have to wait for Bitfinex, the stable growth. Now we have to be amended on the basis of the price risk of having unprotected assets in such projects.

[hero1111]

Halving is good for bitcoin why ?
because when halving time come  most of people want to buy more bitcoin and they interesting too much before normal period when i meet bitcoin firstly people talk halving time will come and bitcoin will rise so i interested because of that so it is mean Halving is good bitcoin.

[softis]

halving is good for bitcoin because it makes bitcoin price grow

[Kwiksave]

Halving is good for bitcoin why ?
because when halving time come  most of people want to buy more bitcoin and they interesting too much before normal period when i meet bitcoin firstly people talk halving time will come and bitcoin will rise so i interested because of that so it is mean Halving is good bitcoin.

The halving will reduce the new supply of the bitcoin and if the demand of the new bitcoin is the same, then the bitcoin price will rise.

[coin_gambler]

of course halving is a really great thing because it allows the price to grow

well you might be right though it still awards miners with smaller bitcoin amounts so they dont get any decent profit for a while

[Capradina]

of course halving is a really great thing because it allows the price to grow

well you might be right though it still awards miners with smaller bitcoin amounts so they dont get any decent profit for a while

Yeah, indeed the mining certainly won't get a profit each time halving. But I'm sure if they have enough bitcoin stash, then they can look for gains in prices they can game. so this will recoup that, because I think halving will not last long and after halving finished miners will definitely benefit more

[chaser15]

Yeah, indeed the mining certainly won't get a profit each time halving. But I'm sure if they have enough bitcoin stash, then they can look for gains in prices they can game. so this will recoup that, because I think halving will not last long and after halving finished miners will definitely benefit more

Halving will last long technically since it's a normal event that happen in the bitcoin aspects. And will continue to happen every 4 years. To overcome those drop rewads, price increase is the key to make miners effort worth it.

[deisik]

Yeah, indeed the mining certainly won't get a profit each time halving. But I'm sure if they have enough bitcoin stash, then they can look for gains in prices they can game. so this will recoup that, because I think halving will not last long and after halving finished miners will definitely benefit more

Halving will last long technically since it's a normal event that happen in the bitcoin aspects. And will continue to happen every 4 years. To overcome those drop rewads, price increase is the key to make miners effort worth it.

Payment fees are usually considered as a more real and steady alternative to Bitcoin price rise for compensating the loss of profits due to halving. Since price may rise and it may drop, but fees remain pretty much the same. Unless developers finally increase the block size, of course...

Which they won't so as not to negatively affect miners and their revenue from fees collected

[Karartma1]

One month has passed but I think we will see the halving effects in the next 3/4 months. I still don't believe some miners can continue with their business with such a small reward.

[deisik]

One month has passed but I think we will see the halving effects in the next 3/4 months. I still don't believe some miners can continue with their business with such a small reward.

Even if some of the miners fall off, this won't change anything in any significant degree. The total hashrate of the network may decrease, but not the amount of coins mined per unit of time since it doesn't depend on the hashrate. As I got it, the number of coins mined is kept constant through the balance of two variables, namely, the hashrate and mining difficulty...

If that was your point, of course

[Karartma1]

One month has passed but I think we will see the halving effects in the next 3/4 months. I still don't believe some miners can continue with their business with such a small reward.

Even if some of the miners fall off, this won't change anything in any significant degree. The total hashrate of the network may decrease, but not the amount of coins mined per unit of time since it doesn't depend on the hashrate. As I got it, the number of coins mined is kept constant through the balance of two variables, namely, the hashrate and mining difficulty...

If that was your point, of course

Correct, I was simply pointing out that some miners were mining with previous conditions. In other words, if you expect to get 1000 and the next day you have 500 then you wait for your hardware to die and you simply go away.
Of course, most of the big pools know how to do business and they will not be affected much by the change.

Yes, those two variables you are talking about are there and they speak for themselves, nothing can be done.
My point is valid until you keep in mind that from 25btc to 12.5btc there is a big gap in how much you earn now (now i'm talking in terms of fiat money).

This is why I am saying that I expect the variable "money" to change in the next 3/4 months (meaning a price rise).  

[rio3233]

I think the halving is really good for bitcoin. The halving affect the price of bitcoin and it's become increase so high like right now. I'm sure all people will said the halving is good for bitcoin.

[deisik]

One month has passed but I think we will see the halving effects in the next 3/4 months. I still don't believe some miners can continue with their business with such a small reward.

Even if some of the miners fall off, this won't change anything in any significant degree. The total hashrate of the network may decrease, but not the amount of coins mined per unit of time since it doesn't depend on the hashrate. As I got it, the number of coins mined is kept constant through the balance of two variables, namely, the hashrate and mining difficulty...

If that was your point, of course

Correct, I was simply pointing out that some miners were mining with previous conditions. In other words, if you expect to get 1000 and the next day you have 500 then you wait for your hardware to die and you simply go away.
Of course, most of the big pools know how to do business and they will not be affected much by the change.

Yes, those two variables you are talking about are there and they speak for themselves, nothing can be done.
My point is valid until you keep in mind that from 25btc to 12.5btc there is a big gap in how much you earn now (now i'm talking in terms of fiat money).

This is why I am saying that I expect the variable "money" to change in the next 3/4 months (meaning a price rise). 

In fact, that's what I'm saying myself, namely, that the effect of the halving has yet to be felt. On the other hand, it is not to be expected that it shoots very far (or high, in terms of price rise, lol) and can be easily overrun and beaten down by a multitude of other factors...

For example, Satoshi deciding to cash out his 1M bitcoins (provided he is still alive and didn't burn his stash of coins)

[goldcoinminer]

One month has passed but I think we will see the halving effects in the next 3/4 months. I still don't believe some miners can continue with their business with such a small reward.

Even if some of the miners fall off, this won't change anything in any significant degree. The total hashrate of the network may decrease, but not the amount of coins mined per unit of time since it doesn't depend on the hashrate. As I got it, the number of coins mined is kept constant through the balance of two variables, namely, the hashrate and mining difficulty...

If that was your point, of course

Correct, I was simply pointing out that some miners were mining with previous conditions. In other words, if you expect to get 1000 and the next day you have 500 then you wait for your hardware to die and you simply go away.
Of course, most of the big pools know how to do business and they will not be affected much by the change.

Yes, those two variables you are talking about are there and they speak for themselves, nothing can be done.
My point is valid until you keep in mind that from 25btc to 12.5btc there is a big gap in how much you earn now (now i'm talking in terms of fiat money).

This is why I am saying that I expect the variable "money" to change in the next 3/4 months (meaning a price rise). 

In fact, that's what I'm saying myself, namely, that the effect of the halving has yet to be felt. On the other hand, it is not to be expected that it shoots very far (or high, in terms of price rise, lol) and can be easily overrun and beaten down by a multitude of other factors...

For example, Satoshi deciding to cash out his 1M bitcoins (provided he is still alive and didn't burn his stash of coins)

Your theory could be right that's why the price of bitcoin now is falling but if satoshi is really planning to cash out he could have wait for a longer time to make a good amount of money as the price of bitcoin is increasing brought by the demand of the new players in the market.