Brace yourselves...

[proudhon]

http://bitcoinclock.com/

[smoothie]

already priced in....

miners...well that's another story lol

[SlaveInDebt]

Predicting a massive dump and grab.

[smoothie]

Predicting a massive dump and grab.

Oh the irony of a fat dump on halving day lol.....wouldn't surprise me.

[legitnick]

Won't this make the price go up? 

[helloworld]

http://bitcoinclock.com/

Anyone else see that sword as a microphone at first?

[Ichthyo]

Won't this make the price go up? 

of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result.

[dextryn]

Won't this make the price go up? 

of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result.

I agree, it's not going to go up like everyone is hoping and then it's panic mode.

[ZIGGAP]

The block reward halving will only have a psychological effect on the market. Almost 80% of all the Bitcoin in existence is just sitting sitting there. The block reward change will have 0 effect on supply.

[Crypt_Current]

My finger is hovering over the sell button --
-- because of speculation in this thread, or just because it's that time of the month?
You decide   

[helloworld]

My finger is hovering over the sell button --
-- because of speculation in this thread, or just because it's that time of the month?
You decide   

My finger is hovering over the hoard button --
-- next week's market is going to eat people alive and I don't want to be one of them.

[420]

My finger is hovering over the sell button --
-- because of speculation in this thread, or just because it's that time of the month?
You decide   

My finger is hovering over the hoard button --
-- next week's market is going to eat people alive and I don't want to be one of them.

are you sure? not another 9 days
http://bitcoinclock.com/

[byronbb]

[legitnick]

( ͡° ͜ʖ ͡°)

[Realpra]

The block reward halving will only have a psychological effect on the market. Almost 80% of all the Bitcoin in existence is just sitting sitting there. The block reward change will have 0 effect on supply.

Actually that would make it the opposite:
BTC moving around at a rapid pace would mean changes to creation rate would mean little, but if new money is a large part of the "money that moves" so to speak and it is halved then the money that moves is close to halved  and supply for new-comers with $ thus greatly affected.

There is gonna be panic buying and I will laugh at you all. Maybe I could take you seriously if your "logic" was not always like this:

1. Halving.
2. ASICS (totally not a scam).
3.
4. Mega drop in prices.

Less reward means fewer miner coins trying buy dollars for hardware upgrades/electrons/food - you can't price that in until it happens unless people have been investing a lot extra for the past 6 months continuously.
Price is not agreed on it is established by some in/out flow of BTC/$.

[damnek]

Most people say that the last big rally was about pricing in the reward halving, I have an alternative theory.

Around June 25, Butterfly Labs opened the pre-orders for ASICS:
http://www.prweb.com/releases/2012/bitcoin/prweb9637829.htm

April and May have been pretty stable, but in June miners increasingly hold back bitcoins for later investment and speculators anticipate on a rally due to the pre-orders, so the price starts rising in June.

Next, I believe that not all coins taken in by BitPay immediately re-enter the market, as Tony Gallippi claims to have traded against pirate a few weeks after. Of course, this could partly be with his own coins or whatever, but seeing the price go up and knowing the numbers, I think he has chosen to make an informed bet. Link:
https://bitcointalk.org/index.php?topic=94708.0

After that, there was nothing holding back the price, so a parabolic blowoff has to occur. This is bitcoin after all.



I'm just throwing in my perspective since it has been fairly quiet here today.

[Kupsi]

Won't this make the price go up?  

of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result.

And since everyone believe a mini crash could be the result, we'll get a rally instead

[Chalkbot]

Won't this make the price go up?  

of course, and since obviously "everyone" expects that, a failed rocket launch followed by a mini crash could indeed be the result.

And since everyone believe a mini crash could be the result, we'll get a rally instead

Or a mega crash?

[smoothie]

I still think people will profit take for the holidays.....gifts, booze, trips, etc.

[adamstgBit]

I still think people will profit take for the holidays.....gifts, booze, trips, etc.

ya as the price goes up people will buy stuff for xmas and pay in btc. cool.