The Halving - Good or Bad for Bitcoin?

[deisik]

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...

I think halving is good for bitcoin becouse it is make deflation that pump bitcoin price.

Less new money is required to support the price.

In fact, it depends on a lot of other factors

Just because the influx of new bitcoins decreased thanks to halving, it doesn't mean that the number of bitcoins being traded diminished. After all, bitcoin halving only halves the supply of new coins, but in no case does it take away bitcoins from the market. Provided all other things are kept the same, the number of bitcoins traded still continues to increase though not as fast. In this way, the claim that less money is required to support the price is erroneous in general

[Supercrypt]

If we didnt have halving at bitcoin i believe the real price of bitcoin nowadays would be around 50-200 dollars always fluctuating between those values, and we would had already mined all the bitcoins, soo we would be swicthing to other way to keep the miners active, something now is the block rewards, and in the future fees should replace the block reward.

I do not think so, basically Mr. Satoshi included this feature halving just to ensure having some promotion/boost for bitcoin every four years. The limited supply and halving are being included to target huge price levels for bitcoins imho.

Instead of halve the suppy after 210,000blocks, Satoshi would have designed to reduce rewards for every block. But that will not give any boost.

[Tanic]

I think halving make good affect on bitcoin, well for those people who invested in it in the most beginning. The price is always rise after the halving. Next one will be in 3,5 years and experts are saying that the price will cross the point of 2000$ per 1 BTC.

[mrcash02]

I think halving make good affect on bitcoin, well for those people who invested in it in the most beginning. The price is always rise after the halving. Next one will be in 3,5 years and experts are saying that the price will cross the point of 2000$ per 1 BTC.

It's good for Bitcoin holders, a good opportunity to make a profit, because the coin price probably increases after the halving. It's not so good for miners, as they will spend more time to mine more Bitcoins, as the mined blocks have only the half of the amount they had before the halving. For most Bitcoin enthusiasts it's a good event, and a key moment to make profit if you have a good initial investment (fiat) to buy BTCs and hold.

[kryptqnick]

I think that something can be good or bad only for people and other living creatures, not for such things as bitcoin. When the price falls it's god for sig campaign managers and all the people to pay others with btc. At the same time it is bad for the investors and those who recieve the salary in btc and vice versa. I think halving is just natural for btc, that's all.

[Diced90]

The Halving was and is always going to be a good thing as it limits the number of miners to help bitcoin have that good market price and prevents the flooding of cheap bitcoins to lower its value

[justdimin]

I think halving make good affect on bitcoin, well for those people who invested in it in the most beginning. The price is always rise after the halving. Next one will be in 3,5 years and experts are saying that the price will cross the point of 2000$ per 1 BTC.

It's good for Bitcoin holders, a good opportunity to make a profit, because the coin price probably increases after the halving. It's not so good for miners, as they will spend more time to mine more Bitcoins, as the mined blocks have only the half of the amount they had before the halving. For most Bitcoin enthusiasts it's a good event, and a key moment to make profit if you have a good initial investment (fiat) to buy BTCs and hold.

Fluctuating price will always help traders to earn some profit. Due to halving, miners have to suffer loss but turns profitable to all the persons who are holding BTC in hope to make profit from increasing price in future. The new surge in value, gets same profit for miners to continue their process of mining.

[delliaerd]

The halving is really good for bitcoin, its make the bitcoin price rise. Although the supply is decrease but people still can use bitcoin without any problem becouse bitcoin can be divided into 8 decimal. So bitcoin will always fulfil the demand but its make the value up. Bitcoin and paper money is different becouse of halving, endless print of paper money make its value decrease. So halving is okay for me.

[bL4nkcode]

The halving is really good for bitcoin, its make the bitcoin price rise. Although the supply is decrease but people still can use bitcoin without any problem becouse bitcoin can be divided into 8 decimal. So bitcoin will always fulfil the demand but its make the value up. Bitcoin and paper money is different becouse of halving, endless print of paper money make its value decrease. So halving is okay for me.

That's why bitcoin price arise because of bitcoin halving and also its supply decreases of course but it has good reason tho, and I really hope that this price will continue to increase or become more stable in this current price 944 via preev.com

[Finestream]

The halving is really good for bitcoin, its make the bitcoin price rise. Although the supply is decrease but people still can use bitcoin without any problem becouse bitcoin can be divided into 8 decimal. So bitcoin will always fulfil the demand but its make the value up. Bitcoin and paper money is different becouse of halving, endless print of paper money make its value decrease. So halving is okay for me.

That's why bitcoin price arise because of bitcoin halving and also its supply decreases of course but it has good reason tho, and I really hope that this price will continue to increase or become more stable in this current price 944 via preev.com

Probably it will increase and has the possibility to reach at least $1,000 by the end of this year, people are already speculating this to happen and we have seen it happening now. Halving happened this year, so this price should be the gift for us, we have a very good year and we hope this will continue in the years to come.

[warwar]

The halving is really good for bitcoin, its make the bitcoin price rise. Although the supply is decrease but people still can use bitcoin without any problem becouse bitcoin can be divided into 8 decimal. So bitcoin will always fulfil the demand but its make the value up. Bitcoin and paper money is different becouse of halving, endless print of paper money make its value decrease. So halving is okay for me.

That's why bitcoin price arise because of bitcoin halving and also its supply decreases of course but it has good reason tho, and I really hope that this price will continue to increase or become more stable in this current price 944 via preev.com

Probably it will increase and has the possibility to reach at least $1,000 by the end of this year, people are already speculating this to happen and we have seen it happening now. Halving happened this year, so this price should be the gift for us, we have a very good year and we hope this will continue in the years to come.

Lot of users speculating it that by the end of the year the price of bitcoin  reaches $1k and we know that it is possible to happen and right now we see that the price is really high so i think it is possible by the end of the year and we doo expect next few years the price is high.

[michellee]

maybe the good of halving is the price will be sky rocket in the next time but the bad of halving is the amount of bitcoin that miners can mining is reduce but all in all, its still profitable to make a good amount of bitcoin in mining but its need many factor like big hashrate, low fee electricity. and for the new year, we can see the new price too.

[Jeslora]

I think The Man Satoshi is very great. He is maybe an economic man or he has some experiences in ecomony .
Therefore He know how to decrease bitcoin infation in oder to keep and rise up the bitcoin value in the future.
SO the Halving is still good for me .

[Maslate]

maybe the good of halving is the price will be sky rocket in the next time but the bad of halving is the amount of bitcoin that miners can mining is reduce but all in all, its still profitable to make a good amount of bitcoin in mining but its need many factor like big hashrate, low fee electricity. and for the new year, we can see the new price too.

With the current price it will not affect them negatively, therefore for them to be profitable they need to see this kind of price always. It's definitely a win win situation for all of us here, as a mining business will also be profitable. This people for sure are also holding their mine bitcoins and they will be more profitable the longer they hold.

[Labernie]

Halving is always good for bitcoin. The bitcoin holder like this very much.
If there are many bitcoins to be born everyday, it will make big inflation so the price will be down.

[agamasrori]

Halving is always good for bitcoin. The bitcoin holder like this very much.
If there are many bitcoins to be born everyday, it will make big inflation so the price will be down.

Yes you are correct, halving make difference of bitcoin and fiat. Bitcoin price is rise up every halving, I think halving bring positive impact for bitcoin, so I don't have problem with it.

[DoublerHunter]

Halving is always good for bitcoin. The bitcoin holder like this very much.
If there are many bitcoins to be born everyday, it will make big inflation so the price will be down.

Yes you are correct, halving make difference of bitcoin and fiat. Bitcoin price is rise up every halving, I think halving bring positive impact for bitcoin, so I don't have problem with it.

For most of the bitcoin investors or holders it is good.
But for the miner halving is their enemy because halving always halves the block reward and the mining difficulty increases so it will be harder for our miners to continue their service and it will take more time to mine bitcoin so it is one of the factor why bitcoin halving is not always good in overall.

[deisik]

Halving is always good for bitcoin. The bitcoin holder like this very much.
If there are many bitcoins to be born everyday, it will make big inflation so the price will be down.

Yes you are correct, halving make difference of bitcoin and fiat. Bitcoin price is rise up every halving, I think halving bring positive impact for bitcoin, so I don't have problem with it.

For most of the bitcoin investors or holders it is good.
But for the miner halving is their enemy because halving always halves the block reward and the mining difficulty increases so it will be harder for our miners to continue their service and it will take more time to mine bitcoin so it is one of the factor why bitcoin halving is not always good in overall

The relationship is not that straightforward

If we consider only the miners' reward in isolation, then halving is certainly not something that they might be quite fond of. But if we look at real data, it turns out that the price is very elastic to the supply side. It basically means that when the supply goes down two times (as is roughly the case with halving in the long run), the price may rise more than two times. The price changes that we saw during the last year perfectly confirm that. In this way, halving may also come as a positive event for miners over time since the drop in their direct revenues for mining Bitcoin due to halving is pretty well compensated by the rise in Bitcoin price

[X-ray]

maybe the good of halving is the price will be sky rocket in the next time but the bad of halving is the amount of bitcoin that miners can mining is reduce but all in all, its still profitable to make a good amount of bitcoin in mining but its need many factor like big hashrate, low fee electricity. and for the new year, we can see the new price too.

With the current price it will not affect them negatively, therefore for them to be profitable they need to see this kind of price always. It's definitely a win win situation for all of us here, as a mining business will also be profitable. This people for sure are also holding their mine bitcoins and they will be more profitable the longer they hold.

every halving occur the reward of those miners cutoff about 50% therefore if the price of bitcoin in every halving didn't increased about 2x to make them having the same profit as before and it's not so profitable because the fact prove that it's need pretty long time for bitcoin to reach this current rate

[Wandering Soul~]

Of course its good, We all know that bitcoin has a limited supply so if there is no halving all coins will be mined fastly so its like slowing it moreover it will decrease the supply that can lead to price increase . It will be good to investors but for miners the deal doesn't sound very good cause there is no guarantee that it will increase after the halving so miners should also be investors or keepers at the same time .