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Author Topic: The Halving - Good or Bad for Bitcoin?  (Read 83050 times)
Nameless Coin
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September 27, 2016, 09:30:26 PM
 #1101

The halving will be good for us all, the halving of this year was not so nice to be honest but this will change in the future.
The next halving will be very profitable in my eyes.

The halving is good however it is just a few times per decade, so it's hard to solely hope/depend on the halving. I find it better to see the halving myth come true.
Meaning half the reward, double price. So the miners can keep on mining.
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September 27, 2016, 11:59:55 PM
 #1102

The block halving is good for bitcoin. it's to avoid inflation because it reduces the total of bitcoin
this will be a positive effect on the price of bitcoin

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September 28, 2016, 04:11:39 AM
 #1103

For me halving is good, all bitcoiners will benefits of it.
If you buy the price of bitcoin at a lower price then suddenly
it double the price definitely you earn profit well. Thus, halving
really gives benefits to all users.
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September 28, 2016, 08:24:51 AM
 #1104

Cutting rewards for miner's means less supply, if demand stay the same or goes up, price should go up, economy is clear about it. So halving is created bwith some meaning, in the end it should be good for bitcoin, we know there will be limited amount of bitcons, and lot of us here think that exactly this can make price go up like rocket one day.
Price is going up every year, even this year halving brought a pretty high price in my opinion

It is only in your opinion (personally, I would call it a dream, or a delusion). The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year...

As much as I would want the price to rise further myself, I would, nevertheless, refrain from getting lost in wet dreaming

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September 28, 2016, 08:48:22 AM
 #1105

Cutting rewards for miner's means less supply, if demand stay the same or goes up, price should go up, economy is clear about it. So halving is created bwith some meaning, in the end it should be good for bitcoin, we know there will be limited amount of bitcons, and lot of us here think that exactly this can make price go up like rocket one day.
Price is going up every year, even this year halving brought a pretty high price in my opinion

It is only in your opinion (personally, I would call it a dream, or a delusion). The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year...

As much as I would want the price to rise further myself, I would, nevertheless, refrain from getting lost in wet dreaming
Well, we have our own opinion, and what you are saying here is just based on your point of view, nobody can predict the future of bitcoin and even the smartest people, all our prediction is based on what we read in the past and the current market performance, but I do believe that the price will not fall back again like you said will happen.

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September 28, 2016, 09:50:30 AM
Last edit: September 28, 2016, 04:01:16 PM by deisik
 #1106

Cutting rewards for miner's means less supply, if demand stay the same or goes up, price should go up, economy is clear about it. So halving is created bwith some meaning, in the end it should be good for bitcoin, we know there will be limited amount of bitcons, and lot of us here think that exactly this can make price go up like rocket one day.
Price is going up every year, even this year halving brought a pretty high price in my opinion

It is only in your opinion (personally, I would call it a dream, or a delusion). The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year...

As much as I would want the price to rise further myself, I would, nevertheless, refrain from getting lost in wet dreaming
Well, we have our own opinion, and what you are saying here is just based on your point of view, nobody can predict the future of bitcoin and even the smartest people, all our prediction is based on what we read in the past and the current market performance, but I do believe that the price will not fall back again like you said will happen.

This is not an opinion, and we are not talking about the future. In fact, we are talking about the past, and not about the past which is vague, obscure, and allows a lot of guesswork, but the one which is represented by firmly established facts. I can't possibly see how there can potentially be a "point of view" in respect to the price dynamics during the last years. You can check the charts to see for yourself, and I would see exactly the same charts. In other words, no amount of viewpoints can change the Bitcoin price history in any conceivable way...

I hope this won't be a matter of further disputes

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October 03, 2016, 09:21:58 PM
 #1107

The halving concept its amazing as we get nears the last coins, besides the difficulty, the rewards will be lowered at each stage, if werent the halving, i believe all bitcoins would be mined on the next 5 years or less, and the price could be 200 dollars just. Soo the ecosystem of bitcoin were well made, less coins bigger price, and looks till the moment bitcoin hasnt missed any halving without double the last value.
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October 05, 2016, 05:09:20 PM
 #1108

The halving concept its amazing as we get nears the last coins, besides the difficulty, the rewards will be lowered at each stage, if werent the halving, i believe all bitcoins would be mined on the next 5 years or less, and the price could be 200 dollars just. Soo the ecosystem of bitcoin were well made, less coins bigger price, and looks till the moment bitcoin hasnt missed any halving without double the last value.

The gradual dropping of the block reward is even better. You do not have the sudden drop of mining income.
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October 05, 2016, 06:40:44 PM
 #1109

Cutting rewards for miner's means less supply, if demand stay the same or goes up, price should go up, economy is clear about it. So halving is created bwith some meaning, in the end it should be good for bitcoin, we know there will be limited amount of bitcons, and lot of us here think that exactly this can make price go up like rocket one day.
Price is going up every year, even this year halving brought a pretty high price in my opinion

It is only in your opinion (personally, I would call it a dream, or a delusion). The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year...

As much as I would want the price to rise further myself, I would, nevertheless, refrain from getting lost in wet dreaming
Well, we have our own opinion, and what you are saying here is just based on your point of view, nobody can predict the future of bitcoin and even the smartest people, all our prediction is based on what we read in the past and the current market performance, but I do believe that the price will not fall back again like you said will happen.

This is not an opinion, and we are not talking about the future. In fact, we are talking about the past, and not about the past which is vague, obscure, and allows a lot of guesswork, but the one which is represented by firmly established facts. I can't possibly see how there can potentially be a "point of view" in respect to the price dynamics during the last years. You can check the charts to see for yourself, and I would see exactly the same charts. In other words, no amount of viewpoints can change the Bitcoin price history in any conceivable way...

I hope this won't be a matter of further disputes

So what do you like us to think? Refer to the past activity and happenings in bitcoin price and makes a possible scenarios in the future? Bitcoin is unpredictable. Well I think too that your sayings can considered as opinion too but with basis which is better and good compare to other that is just speculating.

Anyways I want to hear more for an experienced user like you especially those "The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year" as I admit Im still on a learning mode.

Does it possibly can predict the possible outcome in the future? For me no based on my own view.

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October 05, 2016, 06:57:15 PM
 #1110

i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.
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October 06, 2016, 04:16:01 AM
 #1111

i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.

For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.

But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.

Vires in Numeris
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October 06, 2016, 04:22:54 AM
 #1112

i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.

For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.

But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.

The mining difficulty is the same in a technical aspect. The rewards are just halved. It will just be bad for the miners if the bitcoin price is not that interesting.

And how come people really expect a massive price increase if halving will occur? Halving is a normal thing that happen in bitcoin's life.

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October 06, 2016, 01:02:14 PM
 #1113

i think halving has both good and bad effects, good in the sense that it maintain the price not let it drop too much and band in the sense that it divide the reward miners, but over all halving is good for the price of bitcoin and not bad one.

For me upon seeing the effect of halving, there is no effect at all and I am going to be neutral with it. But still I know that this is going be a good to the ecosystem.

But for the miners halving is going to be a bad for the reward per blocks are going to become more difficult for them.

In terms of Bitcoin's fiat valuation, you couldn't really expect a positive effect after the halving, since the event has been widely anticipated. But it's likely that valuation was adjusted in anticipation the event, as market participants took position based on positive expectation. And indeed Bitcoin's fiat price has rising in the weeks before the halving.

Of course the halving has the direct effect of reducing the income of miners. But anticipatory effects can be expected for miners as well. Miners will have prepared for the event in advance, switching to more efficient hardware after the event. At the same time the anticipatory price increase might at least partially absorb the negative effects. In addition, lower block discovery rewards might also stimulate transaction fees with the miners becoming more picky of which transactions to include in a block.

ya.ya.yo!

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October 06, 2016, 01:12:45 PM
 #1114

halving the current impact is not enough to price movements bitcoin. .The price actually decreased somewhat bitcoin and also had a negative impact. halving by 2016 is not good for traders.
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October 06, 2016, 01:28:08 PM
 #1115

Cutting rewards for miner's means less supply, if demand stay the same or goes up, price should go up, economy is clear about it. So halving is created bwith some meaning, in the end it should be good for bitcoin, we know there will be limited amount of bitcons, and lot of us here think that exactly this can make price go up like rocket one day.
Price is going up every year, even this year halving brought a pretty high price in my opinion

It is only in your opinion (personally, I would call it a dream, or a delusion). The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year...

As much as I would want the price to rise further myself, I would, nevertheless, refrain from getting lost in wet dreaming
Well, we have our own opinion, and what you are saying here is just based on your point of view, nobody can predict the future of bitcoin and even the smartest people, all our prediction is based on what we read in the past and the current market performance, but I do believe that the price will not fall back again like you said will happen.

This is not an opinion, and we are not talking about the future. In fact, we are talking about the past, and not about the past which is vague, obscure, and allows a lot of guesswork, but the one which is represented by firmly established facts. I can't possibly see how there can potentially be a "point of view" in respect to the price dynamics during the last years. You can check the charts to see for yourself, and I would see exactly the same charts. In other words, no amount of viewpoints can change the Bitcoin price history in any conceivable way...

I hope this won't be a matter of further disputes

So what do you like us to think? Refer to the past activity and happenings in bitcoin price and makes a possible scenarios in the future? Bitcoin is unpredictable. Well I think too that your sayings can considered as opinion too but with basis which is better and good compare to other that is just speculating

You are not a sheep, and I'm not a shepherd either. So you should obviously think for yourself. I was just stating the firmly established facts and asking others to do the same. In this manner, what I have said in no case can be considered as an opinion. If you doubt that what I say has more to do with objective reality than with one's interpretation of it ("opinion"), you can see the price charts for yourself (as I already recommended)

Anyways I want to hear more for an experienced user like you especially those "The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year" as I admit Im still on a learning mode

If you want my opinion, I think (and hope) that Bitcoin will gain dramatically from the currency wars waged between major fiat monies out there, when some of them finally collapses (the Euro and Pound seem to be the first in line). So Bitcoin can just sit and wait till the poop plops down, metaphorically speaking...

But remember, profits always trump prophets

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October 06, 2016, 01:28:33 PM
 #1116

halving the current impact is not enough to price movements bitcoin. .The price actually decreased somewhat bitcoin and also had a negative impact. halving by 2016 is not good for traders.
Price was good before the halving when it crossed $750 level and it fell down only because of the bitfinex hack but still it has managed to recover well after that.

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October 06, 2016, 01:39:11 PM
 #1117

halving the current impact is not enough to price movements bitcoin. .The price actually decreased somewhat bitcoin and also had a negative impact. halving by 2016 is not good for traders.
Price was good before the halving when it crossed $750 level and it fell down only because of the bitfinex hack but still it has managed to recover well after that.
The speculation of the market were to bitcoin reach 800- 900 dollars, but there happened any big issue at bitcoin from the last price of 250-300 dollars that were worthing last year at bitcoin, soo this is the real value of the halving.
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October 06, 2016, 02:18:20 PM
 #1118

I think the halving is really good for bitcoin, the price of bitcoin increase so high and the user of bitcoin is also increase too. I think there is no bad on bitcoin about the halving.
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October 06, 2016, 02:19:43 PM
 #1119

I think the halving is really good for bitcoin, the price of bitcoin increase so high and the user of bitcoin is also increase too. I think there is no bad on bitcoin about the halving.

not a given, but the price did not increase just because of the halving this time, there were other point that made the price went high and it was then dumped but this always happen, i'm talking about factors like segwit

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October 06, 2016, 02:52:03 PM
 #1120

I think the halving is really good for bitcoin, the price of bitcoin increase so high and the user of bitcoin is also increase too. I think there is no bad on bitcoin about the halving.

not a given, but the price did not increase just because of the halving this time, there were other point that made the price went high and it was then dumped but this always happen, i'm talking about factors like segwit

with a reduction in the number of bitcoin, this should be good for the price and increased when bitcoin increasingly difficult to obtain. but the fact is halving previously did not bring major changes impact on prices. but in my opinion remains good for bitcoin about this halving. so that bitcoin will increasingly have a long life and is not quickly exhausted mined.
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