Amph
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January 26, 2016, 11:52:59 AM |
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We had a prehalving pump this xmas
The extent of that pump is too small. If it is the halving pump, the price should at least doubled. only if the diff will increase so high that the profit would be the same that it was at 2xx, otherwise the value do not need to double
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JavaLove
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January 26, 2016, 12:25:49 PM |
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The price will increase heavily with at least an increase of $100. That's because of a supply reduction and mining fees allowing the price to surge.
Of course there may be support lost through this process, however the price will balance itself out inviting more people than ever to use the currency. Strong suggest everyone buy before that halving date.
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odolvlobo
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January 26, 2016, 09:31:22 PM |
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The price will increase heavily with at least an increase of $100. That's because of a supply reduction and mining fees allowing the price to surge.
There will be no supply reduction. The supply continually increases. It will be higher after the halving than before. It is higher now than it was before the previous halving. The most you can say is that the increasing supply will not be able to keep up with increasing demand after the halving, but only if you can predict future demand. Mining fees have no effect on the supply or demand for bitcoins.
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winspiral
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January 26, 2016, 09:37:47 PM |
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i believe the halving will mainly affect the miners... what will be the miner fees effect for only 12.5 BTC per block?
Many miners have already more fees than income now...what will be the situatin after halving?
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uki
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January 29, 2016, 01:00:14 PM |
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halving is overhyped in this forum, and many will get disappointed to see that without support of some fundamental developments we won't go far. Not even beyond $500-600. If halving is the only hope for the growth in 2016, then we will see something similar to the last November pump that will end up after 2-3 weeks, not even half-way with the expectations of the most posters in this section.
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willope
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January 29, 2016, 02:30:22 PM |
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I expect a big pump in the price to a new ath. But it will fall in a short time to sub 1000$ and stay there at leas one year more.
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uki
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January 30, 2016, 12:38:37 PM |
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I expect a big pump in the price to a new ath. But it will fall in a short time to sub 1000$ and stay there at leas one year more.
Based on halving only? Have a look on the all-time charts how far from the ath we are now, and how much did we grow due to the last halving. No, halving alone won't get us beyond $600. We need some more fundamental news to form the hype. Otherwise there will be big disappointment.
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randy8777
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January 30, 2016, 01:44:22 PM |
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I expect a big pump in the price to a new ath. But it will fall in a short time to sub 1000$ and stay there at leas one year more.
Based on halving only? Have a look on the all-time charts how far from the ath we are now, and how much did we grow due to the last halving. No, halving alone won't get us beyond $600. We need some more fundamental news to form the hype. Otherwise there will be big disappointment. i can't see a new ath happens just because of the block halving, but maybe we can come close to $1000 when people start to panic buy like there is no tomorrow. block halving plus reaching an agreement about the block size increase will give the price even a stronger boost.
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winspiral
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January 30, 2016, 02:33:47 PM |
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I see bad bad times for miners...
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uki
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January 30, 2016, 10:25:06 PM |
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I expect a big pump in the price to a new ath. But it will fall in a short time to sub 1000$ and stay there at leas one year more.
Based on halving only? Have a look on the all-time charts how far from the ath we are now, and how much did we grow due to the last halving. No, halving alone won't get us beyond $600. We need some more fundamental news to form the hype. Otherwise there will be big disappointment. i can't see a new ath happens just because of the block halving, but maybe we can come close to $1000 when people start to panic buy like there is no tomorrow. block halving plus reaching an agreement about the block size increase will give the price even a stronger boost. that is what I meant with something extra on the fundamental side to support the buying pressure. Otherwise, there is no way we can go beyond $600 based on halving exclusively. Let alone $1k or ath. No way.
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target
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January 30, 2016, 10:58:07 PM |
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The bitcoin value will definitely go up, as the miner will be selling (all or part of) their reward to pay for the expenses. If the price remains, they will not be able to survive.
if they are selling their coins, then i guess this deceases the demand and that the price will also go down. thats a basic eco law. so how exactly halving can help the price to rise?
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DailyModo
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February 01, 2016, 10:58:21 AM |
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I think as soon as the block reward gets slashed that the price will start flying. The miners will buy all the coins below the mining cost. Price will rise,.
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pooya87
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February 01, 2016, 11:13:13 AM |
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in my opinion, it doesn't matter that block reward is less or the supply is gonna be less,.... the only important thing about the upcoming halving is that majority of bitcoiners are speculating a price rise. this alone would cause an increased demand which will automatically push the price up on its own.
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uki
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February 01, 2016, 08:55:45 PM |
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in my opinion, it doesn't matter that block reward is less or the supply is gonna be less,.... the only important thing about the upcoming halving is that majority of bitcoiners are speculating a price rise. this alone would cause an increased demand which will automatically push the price up on its own.
Majority in this forum, to be fully correct. The point is however, that most of the big whales are in China, and most probably they stand behind all of the recent price action. Whether they have the pump in the cards before the halving, it is another story.
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Blerand
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February 03, 2016, 02:51:51 PM |
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in my opinion, it doesn't matter that block reward is less or the supply is gonna be less,.... the only important thing about the upcoming halving is that majority of bitcoiners are speculating a price rise. this alone would cause an increased demand which will automatically push the price up on its own.
The halving is just to reduce the supply. Will that effect increase the demand of bitcoin? I doubt that.
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bitcoinboy12
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February 03, 2016, 03:01:30 PM |
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in my opinion, it doesn't matter that block reward is less or the supply is gonna be less,.... the only important thing about the upcoming halving is that majority of bitcoiners are speculating a price rise. this alone would cause an increased demand which will automatically push the price up on its own.
The halving is just to reduce the supply. Will that effect increase the demand of bitcoin? I doubt that. Same demand but lesser supply will increase the price, but the question is up to what extent will majority hold their coins until they sell to earn their profits.
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jt byte
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February 03, 2016, 03:19:37 PM |
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If the halving is happened the price will be affected of course, you never know how. I think it will rise to a high amount after the halving but only for a day or so.
After it will lower a bit to a lower amount but more stable than now.
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odolvlobo
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February 03, 2016, 04:12:27 PM |
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in my opinion, it doesn't matter that block reward is less or the supply is gonna be less,.... the only important thing about the upcoming halving is that majority of bitcoiners are speculating a price rise. this alone would cause an increased demand which will automatically push the price up on its own.
The halving is just to reduce the supply. Will that effect increase the demand of bitcoin? I doubt that. Same demand but lesser supply will increase the price, but the question is up to what extent will majority hold their coins until they sell to earn their profits. The halving does not reduce the supply. The supply is always increasing. The supply is higher now than before the last halving, and the supply will be higher after the next halving than it is now.
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Poloniex Matthew
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February 03, 2016, 04:19:02 PM |
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You people have to learn how to use the search function. There are more than ten duplicates of this thread.
The price would rise, the miners would start pumping their saved up bitcoin so the double, so the 12.5 BTC is worth what 25 BTC used to be.
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martinacar
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February 03, 2016, 04:22:38 PM |
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You people have to learn how to use the search function. There are more than ten duplicates of this thread.
The price would rise, the miners would start pumping their saved up bitcoin so the double, so the 12.5 BTC is worth what 25 BTC used to be.
I think the price will rise to a higher level by the halving. We just need to wait till its so far in my opinion the bitcoin is not to predict, so just wait for it.
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