How will halving affect the value?

[Red-Apple]

i expect halving to push the price up whether by a small amount like from $420 to $500 or it might even be the spark to a big bubble which will push the price from $420 to >$1000

one thing is for sure and that is the rise, the unclear part is the magnitude of the rise.

[randy8777]

i expect halving to push the price up whether by a small amount like from $420 to $500 or it might even be the spark to a big bubble which will push the price from $420 to >$1000

one thing is for sure and that is the rise, the unclear part is the magnitude of the rise.

that's why people should lower their expectations for upcomming block halving. too many people think it will go over $1000 and some people are even talking about $2000 which at this point is not that realistic. that's why my price target just before or just after the block halving is around $700 and $800 at most. if you don't have high expectations, and the price doesn't go up as much as you were hoping for, then you won't get disappointed.

[winspiral]

i expect halving to push the price up whether by a small amount like from $420 to $500 or it might even be the spark to a big bubble which will push the price from $420 to >$1000

one thing is for sure and that is the rise, the unclear part is the magnitude of the rise.

that's why people should lower their expectations for upcomming block halving. too many people think it will go over $1000 and some people are even talking about $2000 which at this point is not that realistic. that's why my price target just before or just after the block halving is around $700 and $800 at most. if you don't have high expectations, and the price doesn't go up as much as you were hoping for, then you won't get disappointed.

talking about does cost nothing...
here many people talk just about and do understand nothing about.

I have I believed even read on this forum $5000

Halving itself does affect nothing...only traders do affect the price.

[socks435]

i expect halving to push the price up whether by a small amount like from $420 to $500 or it might even be the spark to a big bubble which will push the price from $420 to >$1000

one thing is for sure and that is the rise, the unclear part is the magnitude of the rise.

I think you don't know the effect of halving. For me as my understanding about halving the block rewards will be half.
Example if the block rewards is 25 btc per block mined after halving the reward will be 12.5
so that the price value of bitcoin after having will be double so i think the price will rise $700-$800 that's my speculation after halving ends...
Basic understanding Halving means half so less supply of bitcoin from miner it will result to increase value of bitcoin..

[randy8777]

i expect halving to push the price up whether by a small amount like from $420 to $500 or it might even be the spark to a big bubble which will push the price from $420 to >$1000

one thing is for sure and that is the rise, the unclear part is the magnitude of the rise.

that's why people should lower their expectations for upcomming block halving. too many people think it will go over $1000 and some people are even talking about $2000 which at this point is not that realistic. that's why my price target just before or just after the block halving is around $700 and $800 at most. if you don't have high expectations, and the price doesn't go up as much as you were hoping for, then you won't get disappointed.

talking about does cost nothing...
here many people talk just about and do understand nothing about.

I have I believed even read on this forum $5000

Halving itself does affect nothing...only traders do affect the price.

of course talking and speculating without actually investing in bitcoin doesn't cost people anything. but when things don't go as they were hoping for they blame bitcoin for everything they think went wrong. that's what newbies and rookies always do.

[praprata]

Well people are speculation for a price increase, but this is based on 0 evidence.
The last halvings nothing specular happened. And if you look to the next generation miners. The current price of 400 dollars is high enough to mine.

[Lucius]

Like most people I share an opinion that halving will couse to BTC price go up,but to what extent will it be really is hard to say.But it is very likely that we can see an increase of 100% or more, and it would be very nice to achieve four-digit number

[winspiral]

Like most people I share an opinion that halving will couse to BTC price go up,but to what extent will it be really is hard to say.But it is very likely that we can see an increase of 100% or more, and it would be very nice to achieve four-digit number

Graphicly the price should go up.
he should go up because people believe that it should go up...
but this mind can change quickly.

[sishendaoye]

Normally the price will increase since miners get less rewards but right now the price is actually quite high.
I don't think the price needs some adjustments for miners to make it more profitable.

[talks_cheep]

Can someone calculate the average price during the original block reward period and the average price during the current block reward time period, I suspect a huge difference.

[steveds]

Can someone calculate the average price during the original block reward period and the average price during the current block reward time period, I suspect a huge difference.

I don't think it has to repeat itself ? what has happened is not necessary and it was the first time when something like that was created,hence there wouldn't be such affects again.

Normally the price will increase since miners get less rewards but right now the price is actually quite high.
I don't think the price needs some adjustments for miners to make it more profitable.

Yes it has to, unless it is profitable people wont mine.

[Amph]

Can someone calculate the average price during the original block reward period and the average price during the current block reward time period, I suspect a huge difference.

again the coparison is meaningless, because back then was very different few miners, not even asic, and not chinese party

also the block reward was higher and thus was guaranteed a huge margin on profit

[Mulzatas]

Can someone calculate the average price during the original block reward period and the average price during the current block reward time period, I suspect a huge difference.

again the coparison is meaningless, because back then was very different few miners, not even asic, and not chinese party

also the block reward was higher and thus was guaranteed a huge margin on profit

There are too many miners now and too many big farms. It is difficult for home miners to survive now.

[Amph]

Can someone calculate the average price during the original block reward period and the average price during the current block reward time period, I suspect a huge difference.

again the coparison is meaningless, because back then was very different few miners, not even asic, and not chinese party

also the block reward was higher and thus was guaranteed a huge margin on profit

There are too many miners now and too many big farms. It is difficult for home miners to survive now.

well home miners can switch to altcoin, there is the casual mining scene

home mining was never meant to be very long with bitcoin, after the first halving was already half dead anyway

[LMGTFY]

Can someone calculate the average price during the original block reward period and the average price during the current block reward time period, I suspect a huge difference.

again the coparison is meaningless, because back then was very different few miners, not even asic, and not chinese party

also the block reward was higher and thus was guaranteed a huge margin on profit

There are too many miners now and too many big farms. It is difficult for home miners to survive now.

There were always "too many" miners - that's how difficulty works. This is how difficulty changed over Bitcoin's lifetime. The "drops" are because miners stopped mining (it was taking longer than 10 minutes for each block to be found). The drops in difficulty in mid-2011, that was because miners were stopping mining - because they were finding mining unprofitable. Small miners, still using GPUs, were competing with "farms" of rack-mounted boxes containing multiple GPUs. It was difficult for home miners to survive then. CPU miners had already been through the "there are too many GPU miners" stage; solo miners were starting to realise that pool mining was the future. Miners were starting to talk about FPGAs and ASICs.

@amph, the block reward was higher, but it was also worth considerably less than it is now. Back then $50 was a good price - a 50 BTC block reward was worth £2500 (50 x 50). Now $450 is an OK price, and a 25 BTC block reward is worth $11250. Then and now, there were/are miners operating at the margin, miners who did/will drop out at the next difficulty increase because they were/are barely profitable. Difficulty has always worked to make sure that mining is driven by efficiency - that less efficient miners are less profitable or unprofitable. There's no guarantee of huge profits, except through being more efficient than your competitors.

[Newcoins2020]

Normally the price will increase since miners get less rewards but right now the price is actually quite high.
I don't think the price needs some adjustments for miners to make it more profitable.

Indeed, the halving will affect the value by its price, the price will go to a high amount this year that is one thing that is sure but it will take some time of course.

The halving can of course also be a downside for the price because there will be a lot of sellers but no buyers.

[HarryKPeters]

The value will be affected for sure by the bitcoin, I think there will come a high price increase.

The first reason is of course by the block size that is coming.
The second reason is because of the point people are believing again in the bitcoin.
The third reason is the bitcoin growing everyday as you can also see on this forum.

The bitcoin has a very good future and the halving will let the amount go to a high amount.

[martinacar]

Can someone calculate the average price during the original block reward period and the average price during the current block reward time period, I suspect a huge difference.

again the coparison is meaningless, because back then was very different few miners, not even asic, and not chinese party

also the block reward was higher and thus was guaranteed a huge margin on profit

There are too many miners now and too many big farms. It is difficult for home miners to survive now.

well home miners can switch to altcoin, there is the casual mining scene

home mining was never meant to be very long with bitcoin, after the first halving was already half dead anyway

I think that the value will rise if that is going to happen in the future. But yeah you never know what can happen later in the future. Its hard to predict.
I hope that it will be ofcourse more worth. You can now see that the price is rising slowly.

[Amph]

@amph, the block reward was higher, but it was also worth considerably less than it is now. Back then $50 was a good price - a 50 BTC block reward was worth £2500 (50 x 50). Now $450 is an OK price, and a 25 BTC block reward is worth $11250. Then and now, there were/are miners operating at the margin, miners who did/will drop out at the next difficulty increase because they were/are barely profitable. Difficulty has always worked to make sure that mining is driven by efficiency - that less efficient miners are less profitable or unprofitable. There's no guarantee of huge profits, except through being more efficient than your competitors.

the diff was also much lower than what it is now, i cna argue that it was more profitable to mine bitcoin back then, not to mention that it is always better to have more coins per day at a lower price than the opposite

this because you can speculate more in the future, like it actually happened, those mienrs are now rich if they did not screwed their earning back then...

[LMGTFY]

@amph, the block reward was higher, but it was also worth considerably less than it is now. Back then $50 was a good price - a 50 BTC block reward was worth £2500 (50 x 50). Now $450 is an OK price, and a 25 BTC block reward is worth $11250. Then and now, there were/are miners operating at the margin, miners who did/will drop out at the next difficulty increase because they were/are barely profitable. Difficulty has always worked to make sure that mining is driven by efficiency - that less efficient miners are less profitable or unprofitable. There's no guarantee of huge profits, except through being more efficient than your competitors.

the diff was also much lower than what it is now, i cna argue that it was more profitable to mine bitcoin back then, not to mention that it is always better to have more coins per day at a lower price than the opposite

this because you can speculate more in the future, like it actually happened, those mienrs are now rich if they did not screwed their earning back then...

Difficulty was significantly lower than it is now, sure. That doesn't mean mining was more profitable, it means that profitable miners then were more profitable than profitable miners now (for some miners, then and now, mining is not profitable). Mining has always been unprofitable for some miners - that's the engine that drives difficulty changes, and ultimately efficiency.