What will happen if there's no price rise for the halfing?

[helloeverybody]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

[1715489480]

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[European Central Bank]

There will still be coins so there will be no shortage of miners. Even if the big farms close, which they won't because they're profitable way lower than the current price, older miners will take up the slack.

[amaclin]

Whats to stop this from happening?

nothing can be done.

[OmegaStarScream]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Miners have more coins then everyone else so they are the one who define the price (they won't sell if it's not profitable for them)  , beside ... logically Bitcoin price is based on Supply and demand , so It's impossible for the supply to get halved and the demand stays the same or rise and nothing at all happens to the price ...

[LiteCoinGuy]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.

[European Central Bank]

Miners have more coins then everyone else so they are the one who define the price (they won't sell if it's not profitable for them)  , beside ... logically Bitcoin price is based on Supply and demand , so It's impossible for the supply to get halved and the demand stays the same or rise and nothing at all happens to the price ...

The amount of coins being mined is only a small part of the daily volume of coins traded. It is significant but it's a long way from being a definitive part of the supply.

[helloeverybody]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.

But if the price drops down and only miners that can profit from 50-100 dollar coins  that dont pay electricity can mine then surely a big farm or pool could come in and commence a 50% attack due to lack of mining power?

[Amph]

the price already increase by 100% remember we were at 230, and even at 230 there was profit

again i'm doing the same math the millionth time, 1 s7 earn you $330 per month, and consume only $45 per month for the big farm that have 0.05 cent per hour

if the price was 230 or half of what it is today, still is 165 of profit vs 45 of consuming, now let's assume the diff will double, still $80 of profit vs $45 of consuming...

so the diff need to double and the price need to be 110 to have 0 profit, which is very very unlikely...in the end miners are fine

[Sir_lagsalot]

Maybe some miners will leave, and others will stay. Then the miners that left would see that the miners that are still mining are earning alot, then get back into mining. Then this cycle repeats every single halving.

Don't worry. The miners will make do. What is scary is the best halving. 6 BTC isn't much.

[Lauda]

People around here need to stop being pessimistic and worrying about every single potential outcome.

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off.

This is wrong. Some miners leave -> difficulty adjusts -> mining is profitable again.

[worhiper_-_]

IMO it's possible that the halving is almost is probably going to have no positive effect on the price at the moment it hits. Sure there will be some speculation by traders and such but the price could stay the same as long as the miners find another way to sustain their activity. It's likely that many miners will be unplugged so they can reduce losses after the halving.

[okae]

this is unavoidable, the price will raise yes or yes, for traders this is a "great opportunity" and im pretty sure that they will not waste it.

Don't forget that bitcoin have not the same manipulation as fiat markets , so is very possible that the "surprise" will be grateful for all of the bitcoiners

hell, even if price don't raise up will be fine for some of us who can buy more bitcoin cheaper xD

[equator]

Miners have more coins then everyone else so they are the one who define the price (they won't sell if it's not profitable for them)  , beside ... logically Bitcoin price is based on Supply and demand , so It's impossible for the supply to get halved and the demand stays the same or rise and nothing at all happens to the price ...

The amount of coins being mined is only a small part of the daily volume of coins traded. It is significant but it's a long way from being a definitive part of the supply.

how can you tell that minners have more coins , when they are minning regularly then i dont think they will keep with them when ever their is a price rise they will sell, because they also have to maintain the cost of mining and all other expenses.

ya that is true that amount of coins mined is less then the coins are traded daily. so it is clear that their will be fluctuation in price always even if you are mining or not.

[helloeverybody]

IMO it's possible that the halving is almost is probably going to have no positive effect on the price at the moment it hits. Sure there will be some speculation by traders and such but the price could stay the same as long as the miners find another way to sustain their activity. It's likely that many miners will be unplugged so they can reduce losses after the halving.

I had a look back at the last halfing and it looked like it took a few months for the price to actually stabalise to suit. Im guessing the same would apply for this halfing and the next.

[gkv9]

Why everyone's being scared with the halving effect???
It just as normal as the current days that are getting passed out, it's just that the value of BTC that miners will be getting per block will get halved, so what's new???
And if the price won't rise, miners will either wait or leave, but that won't happen as there are many big firms involved in mining and they have many reasons except to get their coins sold at higher prices, they want BTC to be used everywhere and so, mining won't shut down all of a sudden...

[btckold24]

Asics just get faster and faster. I mean halving is basically the same as difficulty doubling which it has. So adjustments will
be made and mining machines will just get faster and faster. But I do think it will be going up.

[helloeverybody]

From my experience in bitcoin so far which is very limited, whenever the whole bitcoin community believes something is going to happen usually the complete opposite happens. i think this quote is used most often and kind of sums it up.

Be Fearful When Others Are Greedy and Greedy When Others Are Fearful. 

[amaclin]

From my experience in bitcoin...

Trust to no one. Everybody here lies.

[Qatuca]

If the price does not rise due the halving, then bitcoin is more mature. The existing bitcoin is a lot more than the new bitcoin.

[Scorpian]

Then miners will quit their jobs. Because they won't be able to make any profit.

[tokeweed]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Miners will have to sell more BTC to maintain operations.

[prodigy8]

If there's no price rise for the halving there still be profit for the miners.

If there is no profit they would stop or only could contribute to the network which it isn't.

Maybe the price will not increase immediately but after a week or month the changes will be seen.

[afbitcoins]

If bitcoins dies, Dash will take number one spot. It already has more full nodes than bitcoin, and incentivises people to run them.

[anthonycamp]

the diff will countballanc it i mean if no rise the diff of btc mining can even stable and into 3 month after like september the new asics will take the rebound low price for better mining

[neochiny]

c'mon be positive and stop worryng in nothing.
bitcoin can adjust to whatever happens, and if it happens.
in the end can be find solution and make it profitable again.
so why worry if it does not happen yet?
one thing im sure.. miners will profit.

[Xialla]

literally nothing.

[Amph]

If bitcoins dies, Dash will take number one spot. It already has more full nodes than bitcoin, and incentivises people to run them.

well dash has a different algo(x11 dash right), so it's more easy for people to mine it, thus making it more adopted, also there are no spv client for dash but only one

if you sum all the client for bitcoin i'm sure bitcoin has more

[ranochigo]

Nothing much. Even with the halving, bigger farms have more than enough profits for breaking even. Most farms have equipments that have been used to mine for a long time and hence would be very close or already hit ROI. Anything after that is pure profit, especially with the price increase recently. Even if the hashrate drops, users would pay a higher TX fee and thus incentivize more miners to participate. Bitcoin will not die off.

[1Referee]

Some miners will probably stop their operations for a short time, untill the price goes up to such a level where they can make a profit again. That's the worst case scenario. Glad it won't happen. We will definitely see the price go up mich higher than current price level. It's the natural law of supply and demand. It will go up.

[helloeverybody]

Some miners will probably stop their operations for a short time, untill the price goes up to such a level where they can make a profit again. That's the worst case scenario. Glad it won't happen. We will definitely see the price go up mich higher than current price level. It's the natural law of supply and demand. It will go up.

But i mean in theory we would need the price to rise to about double htat it is now to be making the same as miners currently are. Maybe the miners are making a really good profit right now and after the halfing they will just be making an alright profit. i suppose as long as there is some profit it wont matter.

[calaber24p]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Miners have more coins then everyone else so they are the one who define the price (they won't sell if it's not profitable for them)  , beside ... logically Bitcoin price is based on Supply and demand , so It's impossible for the supply to get halved and the demand stays the same or rise and nothing at all happens to the price ...

Most miners wont even mine if it is unprofitable for them to do so, the big ones are not in the business of speculating. It will happen like most gold and silver mines work in the world. The ones with low operational costs and profitability will continue to mine while the ones operating at a loss will temporarily halt operations or get out of the game. The scary part is miner centralization as most of the profitable mines are in a few locations and are huge entities. 

[bitlancr]

I assume we will see some home miners leaving the game or they have invested too much in cooling so they need to buy next generation miners.
Really anything can happen since we don't know about from which price they bought.

[The Sceptical Chymist]

Everyone's said what needs to be said about this, but I'd like to add that there's always a similar issue that comes up with copper and precious metals mining, where those crazy mining companies will have to lay off all the miners if the price of silver drops below X, because X is the break-even point.  But precious metals have been in a bear market for a few years now and miners are still mining...

Edit:  I should have read two posts above, he said pretty much the same thing.  I don't think we'll have an issue with the halving.

[gkv9]

Everyone's said what needs to be said about this, but I'd like to add that there's always a similar issue that comes up with copper and precious metals mining, where those crazy mining companies will have to lay off all the miners if the price of silver drops below X, because X is the break-even point.  But precious metals have been in a bear market for a few years now and miners are still mining...

Edit:  I should have read two posts above, he said pretty much the same thing.  I don't think we'll have an issue with the halving.

That's very true of you, miners will mine no matter what happens with the price...
There are some small scale miners who might get out of mining, but what about those big farms???
Halving won't affect them as with halving, the Chinese are even getting prepared for the most newly invented innovations that might take place, I am talking about "MINING HARDWARE" which will upgrade as well seeing the demand of markets...
Even after halving, the rewards may still be the same based on the fact that miners might mine double what they are mining currently...

[buddu]

There will be a significant rise in price after halving because cost of mining will increase and to cover these expenses it is necessary for mining to be profitable to secure and maintain the blockchain and bitcoin's network.

[electronicfactura]

If somehow there is no increase in price at halving then too nothing will happen.What is my point of view on this issue is current price is good to continue mining on this and still after halving is done,mining will be profitable.

[jtalk]

No worries man nothing will happen.Miners will keep mining as they were doing before and price will keep climbing up little by by anyway.There is no reason for increase to not happen.

[dishku]

Bitcoin will face serious crisis again and uncertainty regarding its future in that case. But I do not see this happening. This is what i think about halving next year.

[~Bitcoin~]

If some miners specially small miners leave than the big whales will get chance to mine coin easily with lower difficulty level so it will be profitable for them. So i don't think nothing gonna kill bitcoin and its network.

[avw1982]

If there's no price rise for the halving there still be profit for the miners.

If there is no profit they would stop or only could contribute to the network which it isn't.

Maybe the price will not increase immediately but after a week or month the changes will be seen.

Due to halving mining is already gonna reduce from 32000 to 16000. This itself cause price rise for sure.
It will take reflection very fast but It will affect bitcoin price on June I think and most probably price will less in the starting of 2016.

[kpitti]

Nothing happen. If some miners will power off their miners the difficulty will be adjusted to keep transaction confirmation time as designed. This is a part of the Bitcoin and Blockchain.
We need to take care of 51% attack, if less miners will work. But in my opinion miners will keep to work just for less revenue unless they will earn some profit.
This questions are more and more often here as halving arrives.

[NorrisK]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Miners have more coins then everyone else so they are the one who define the price (they won't sell if it's not profitable for them)  , beside ... logically Bitcoin price is based on Supply and demand , so It's impossible for the supply to get halved and the demand stays the same or rise and nothing at all happens to the price ...

The problem with your assumption is that the supply does not magically get halved.. Only the supply of NEW coins gets halved. Compared to the 14 million coins already out there, these new coins are like drops in the ocean.

The only way supply would magically halve is if 7 million coins would disappear or become unspendable, and this is not gonna happen, ever.

[NETFix]

IMO the price might rise relatively to compensate the decrease, also there are miners fee in addition to the BTC itself.

[Dr.Osh]

Maybe some miners will leave, and others will stay. Then the miners that left would see that the miners that are still mining are earning alot, then get back into mining. Then this cycle repeats every single halving.

Don't worry. The miners will make do. What is scary is the best halving. 6 BTC isn't much.

Well, you're probably right, but if it is no more price increases, may BTC can evolve from the previous ones, because many miners away because the price fluctuations BTC irregular

[richardsNY]

Nothing happen. If some miners will power off their miners the difficulty will be adjusted to keep transaction confirmation time as designed. This is a part of the Bitcoin and Blockchain.
We need to take care of 51% attack, if less miners will work. But in my opinion miners will keep to work just for less revenue unless they will earn some profit.
This questions are more and more often here as halving arrives.

Even if miners get 50% less income from mining, then they will still continue. It's all about the profits. As long as they make profits, they will continue to mine. Some miners will even let their hardware run at a loss because they want to help the network stay safe. I am only not sure how long they will continue to do so as it costs them money.

[Altynbekova]

I don't see it happening that the price will not adjust.
There is too much at stake here.
Just remember if the big pools will take 100% over, would you still promote and use bitcoin?

[adamstgBit]

I don't see it happening that the price will not adjust.
There is too much at stake here.
Just remember if the big pools will take 100% over, would you still promote and use bitcoin?

seeing how big pools are only big because thousands of minner CHOOSE to mine at that pool; yes, yes i would. 

[Denker]

Ok if there wouldn't be any price rise, speaking the halving effect is zero, a few people might choose to sell their coins.Some minors might quit mining.But that would be pretty much it. Bitcoin will still be alive, there would be still an ecosystem that will try to grow and mature. I can not see any doom scenarios happen which a few might have in mind.

[Hugroll]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

firstly, the prices will rise it woudnlt make sense if they didnt. but in any case lets assume they stay the same. the fees would increase meaning the miners income wouldnt change that much. also if the value of bitcoin and the fee both increase, who knows maybe mining will be more profitable than what it is right now.

[oblomov]

There won't be a price rise following the halving.

All known future events are embedded in the current price (Efficient Market Hypothesis).

The anticipated effect of reward halving is to some extent already baked in.

[langedwig]

Most bitcoin market says the price will decrease eventually in 2016 after halving. (including coindesk)

[ranochigo]

There will be a significant rise in price after halving because cost of mining will increase and to cover these expenses it is necessary for mining to be profitable to secure and maintain the blockchain and bitcoin's network.

Cost of mining will stay the same. Big miners can still mine profitably due to their lower hardware, land cost and electrical cost. Smaller miners may shut off, causing a slight increase in block time intervals which will be adjusted in 2016 blocks.

[Supercrypt]

There will be a significant rise in price after halving because cost of mining will increase and to cover these expenses it is necessary for mining to be profitable to secure and maintain the blockchain and bitcoin's network.

Cost of mining will stay the same. Big miners can still mine profitably due to their lower hardware, land cost and electrical cost. Smaller miners may shut off, causing a slight increase in block time intervals which will be adjusted in 2016 blocks.

Yes there are many inter-linked events with respect to bitcoin price and halving. The cost of mining will lead to price raise of bitcoin based on the half of the block reward. So there are no chances for price of bitcoin to remain same even after halving.

[ElectricMucus]

During 1999 an equivalent to the block reward halving and the price not rising happened to the beanie babies:

The first signs of the crash came in 1999. One night, when the company announced which set of toys it would “retire,” hordes of Beanie Baby-loving eBay-watchers sat in front of their computers hitting refresh on the auction site, waiting for the attendant rise in prices that greeted previous toys’ retirements. When nothing happened, it triggered the equivalent of a market selloff.

[kwukduck]

If there is no price rise (which there won't be,  I can guarantee you that, pm to make escrow bets).
So there are only two options;
People don't care and the price stays roughly the same
Dreams are scattered and people sell off causing yet another crash.

Of course the latter will happen as there are very high expectations throughout the whole community.
Don't forget that these extreme delusional expectations are already calculated into the current price!

[BitAurum]

Nothing big will happen even if the price stays the same after halving since the price already took a big jump in the past few weeks.

[avw1982]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

After mining reduced BTC price will go high according to market demand. This we can see in fiat currency market also. Currently people are mining 32000 Bitcoins So demand is not that much high. After January We can see more adaption in business also. So adaption with halving will make change price chart.

[Ludwish]

If there is no price rise after halving, that is just because the price has risen too much before the halving.

[Amph]

If there is no price rise after halving, that is just because the price has risen too much before the halving.

which is the case already, miner do not need current value for 25 block reward, they will need it for 12.5 and still is a bit too much, if the diff do not increase too much

the problem with having margin on market price, is that the diff will catch it eventually, reducing it to zero, so when the halving will approach we will probably need another rincrease

[Moneyburner]

A lot of market factors are already accounted for in the price. Just look at any earnings report. The big moves come from surprises.

I think the halfing will make cause some movement and hopefully bring some publicity, but it's very possible it's already being factored into the price.

[gkv9]

If there is no price rise after halving, that is just because the price has risen too much before the halving.

No, the price isn't too much, I don't think so...
BTC is so undervalued, or I would say devalued at the current moment...
IMHO, BTC should be ~$700 based on the halving that will take place next year for the miners to be able to profit...

[jt byte]

It's very simple.
if miners can't make profit anymore with their asic miners, they will stop.

So stay profitable the price should either increase, but if it will not then we will see miners stopping and our precious decentralized coin too.

[gentlemand]

I've read in a few places that large scale miners are profitable at $150. If we halve at this price then they're still making money.

[Amph]

I've read in a few places that large scale miners are profitable at $150. If we halve at this price then they're still making money.

you don't need to read just do the math, consumption vs earning = net profit, maintanance is the consumption itself, so no need to add anything

and bears in mind that those farm already "roi'd" on their asic

[coins101]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.

This.

Some of the Chinese mines don't 'pay' for electricity. They share BTC rewards with hydro electricity plants based in remote mountain locations, and who would otherwise have no customers.

[Amph]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.

This.

Some of the Chinese mines don't 'pay' for electricity. They share BTC rewards with hydro electricity plants based in remote mountain locations, and who would otherwise have no customers.

this is not exactly a good thing, because it's mean that they cna mine even when bitcoin is 1$, which mean that the value does not need to grow for them, but this is mandatory for bitcoin if you want a doption

it's not about the profit for the miners, it's about the global acceptance of bitcoin, if anyone here thingk that bitcoin can enter that stage with its current ridiculous price, he must be very dense

[HarryKPeters]

If there is no price rise after halving, that is just because the price has risen too much before the halving.

No, the price isn't too much, I don't think so...
BTC is so undervalued, or I would say devalued at the current moment...
IMHO, BTC should be ~$700 based on the halving that will take place next year for the miners to be able to profit...

Where does this number come from?
If the price is around 550 USD i am sure most miners will be able to continue their mining business?

[ivanst776]

If there is no price rise after halving, that is just because the price has risen too much before the halving.

No, the price isn't too much, I don't think so...
BTC is so undervalued, or I would say devalued at the current moment...
IMHO, BTC should be ~$700 based on the halving that will take place next year for the miners to be able to profit...

Where does this number come from?
If the price is around 550 USD i am sure most miners will be able to continue their mining business?

The miners will continue their business even if the price is the same like today.
Halving will affect the price maybe not much at that time but after few days or weeks we should see the difference.

[wikenpp]

without a price rise it won't be profitable to mine anymore.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.

[MaritiJames3]

without a price rise it won't be profitable to mine anymore.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.

This would be very bad mate.
Having so less pools controlling the network is like asking for problems.
Let's hope the price remains profitable for miners.

[prodigy8]

If there's no price rise for the halving there still be profit for the miners.

If there is no profit they would stop or only could contribute to the network which it isn't.

Maybe the price will not increase immediately but after a week or month the changes will be seen.

Due to halving mining is already gonna reduce from 32000 to 16000. This itself cause price rise for sure.
It will take reflection very fast but It will affect bitcoin price on June I think and most probably price will less in the starting of 2016.

If we check the last halving period then we can see that the price didn't change a lot.

But the halving affected after a certain of time, maybe a little late but it happened.

This time bitcoin is more popular, there are more miners and more difficulty let's see what will happen this year.

[pitham1]

without a price rise it won't be profitable to mine anymore.
So home miners will be forced, which is very very bad for bitcoin's main feature; decentralization.

Miners will just have to look at their variable costs - i.e. electricity.
There may not be new miners coming into the market.
If the price is sufficient to cover electricity costs, the existing miners will continue mining.

[tokeweed]

What will happen if there's no price rise for the halfing?

The. Sauron will get the ring.

[Alaki]

IMO , No price rise = Miners will not profit = Growth of bitcoin paused.

[Juhagic]

If there is no price rise, most S3 miners will shutdown due to the profitable if the electricity price is high.

[enhu]

Haven't they look at this possibility already and planned their exit like selling their stuff and mine at home instead or probably set up solar large panels to free themselves from electricity costs?
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.

[1Referee]

The price will rise anyway. If it's not done by legit growth, then Chinese exchanges will manipulate the price just like MtGox did. The only question when the Chinese exchanges do manipulate the price, how sustainable would it be?? Will we see a huge drop after reaching a new ATH?

[tokeweed]

The price will rise anyway. If it's not done by legit growth, then Chinese exchanges will manipulate the price just like MtGox did. The only question when the Chinese exchanges do manipulate the price, how sustainable would it be?? Will we see a huge drop after reaching a new ATH?

That's what they're doing now.

[greBit]

Haven't they look at this possibility already and planned their exit like selling their stuff and mine at home instead or probably set up solar large panels to free themselves from electricity costs?
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.

yes if there is no price rise after halving then it will be a big disappointment for sure but $400 is a good price honestly I will stick to it but unexperienced people will sell their Bitcoin for sure if there is no price rise after halving and that would be a good time to buy some BTC for cheap price,

[tokeweed]

Haven't they look at this possibility already and planned their exit like selling their stuff and mine at home instead or probably set up solar large panels to free themselves from electricity costs?
If there will be no price rise for the halving, it would be a disappointment but for the current $400+ I don't mind really. I still can wait till it goes 500-700.

yes if there is no price rise after halving then it will be a big disappointment for sure but $400 is a good price honestly I will stick to it but unexperienced people will sell their Bitcoin for sure if there is no price rise after halving and that would be a good time to buy some BTC for cheap price,

Bat bat bat they always say it is good cheap price ro buy when down bat bitcoin not rice...?

[jt byte]

The price increase of the last few days has gotten my hopes up. I do feel we can easily go bak to 300 USD aswell, but for now i anticipate a price increase.
With the current price it's also safe for miners to keep profitting from their mining operation.

So I guess it went all  'good'

[killerjoegreece]

once miners stop mining lthe difficulty drops and its profitable to mine again for others

[tokeweed]

But what if Gandalf will arrive if there is no price increase for the halfling?

[Amph]

once miners stop mining lthe difficulty drops and its profitable to mine again for others

yeah but it mean that the network will be less secure, because than the next halvign will cause another drop, and the next one another one, plus add new efficient miners

all this need the price to increase, there is no other way around, if this will not happen it will eventually lead to the died of bitcoin

[bitcoinboy12]

I think if it will happen and there is no price increase anymore mining cant be profitable
And it will reduce miners and users until bitcoin has no value.
But for me it will never happen because the price is stable and halving is nearly end.
So mining still be profitable on this year so keep your asic miner active and wait for halving ends..

[Arcteryx]

A lot of angry people I would imagine as they were waiting a whole year or more for this to increase their stash of coins astronomically. Myself included the ones in cold storage that is 

[coinzat]

the price nowadays is the double of the price in last September , so miners did not stop when the bitcoin price reached $200 So WHY will stop them when the halving happen with current price ? it will be the same as 25 btc in Sep 2015 = 12.5 btc now in price

So IMO price will not stop miners from mining

[tokeweed]

Bat what if the halfing arrive back at smaller price?

[2legit2]

the interest in bitcoin would definitely drop a lot and people wouldnt buy it anymore

[chokesir]

No rise means no miners (home miners) which means no decentralization.

This could be the end for bitcoin, since it is it's unique selling point.

[majorX]

You wont see a price rise when the reward drops. It will already be priced in by then.

[praprata]

No rise means no miners (home miners) which means no decentralization.

This could be the end for bitcoin, since it is it's unique selling point.

This would be very bad for bitcoin. Even I would sell my coins since bitcoin needs to be and stay decentralized.

Let's hope some new cutting edge miner will come on the market by then.

[Nameless Coin]

The price will remain the same (like last time)

But no harm will been done. By february/march we will see some new miners coming out which make it profitable.

[Juhagic]

A lot of angry people I would imagine as they were waiting a whole year or more for this to increase their stash of coins astronomically. Myself included the ones in cold storage that is 

Maybe they should realise that the price has already risen over 60% in the last year. But people are expecting a big rise in June.

[kpitti]

Bitcoin and Blockachain will continue to coexist for sure. Miners will be looking for more productive way how to work with less cost. Difficulty will adjust accordingly so no worry.

[LMGTFY]

A lot of angry people I would imagine as they were waiting a whole year or more for this to increase their stash of coins astronomically. Myself included the ones in cold storage that is 

Maybe they should realise that the price has already risen over 60% in the last year. But people are expecting a big rise in June.

^ This.

I think sometimes people think the date of the block reward reduction will roll around and suddenly the market will wake up to it. In reality, the relevance of the halfing increases as we approach it - but not in a sudden-spike way, but in a gradually-over-the-course-of-time way, as the poster above has pointed out. The market knows the halfing will happen.

I've also got coins sitting in cold storage, and an astronomical rise would, of course!, be very nice. But a 60% rise through 2015 is good, and with the 2016 block reward reduction out of the way we can look forward to the market pricing in - gradually! - the rise for the 2020 block reward reduction.

[Juhagic]

You wont see a price rise when the reward drops. It will already be priced in by then.

I believe the price has not reflected the halving. The halving is still 6 months away. The market will not react so early.

[~Bitcoin~]

Difficulty will be lowered after some of the small miners left the mining bitcoin and shift towards mining alts. This is reason why we don't have to blindly believe that price will rise before halving this year.

[Juhagic]

Difficulty will be lowered after some of the small miners left the mining bitcoin and shift towards mining alts. This is reason why we don't have to blindly believe that price will rise before halving this year.

If the price does not rise after the halving, some less efficient miners will be turned off. The difficulty might not drop due to the more efficient miners coming to the market.

[disclaimer201]

I believe we will see a decline of the difficulty after halving day due to some big chinese companies shutting down and selling their equipment if the price rise doesn't at least compensate for loss of profitability. These super farms do not want to support the network but simply turn a profit. If the numbers are not rising, or are stagnating, let alone decreasing, some of them will liquidate their mining business.

[1Referee]

I believe we will see a decline of the difficulty after halving day due to some big chinese companies shutting down and selling their equipment if the price rise doesn't at least compensate for loss of profitability. These super farms do not want to support the network but simply turn a profit. If the numbers are not rising, or are stagnating, let alone decreasing, some of them will liquidate their mining business.

Well, the difficulty has gone up to insanely high levels. Even if some larger miners shut down their mining operations, then the difficulty will still be very high. The difficulty almost doubled in the last 2 months and will continue to go up. Till now the largest mining farms have had enough time to earn back their invested hardware money. If the price doesn't go up as much as people are hoping for, then these farms can still make a profit.

Beside that, I really think the Chinese giant exchanges Huobi and OKCoin are up to something. If the price doesn't go up by itself, then they will offer a helping hand.

[Denker]

I believe we will see a decline of the difficulty after halving day due to some big chinese companies shutting down and selling their equipment if the price rise doesn't at least compensate for loss of profitability. These super farms do not want to support the network but simply turn a profit. If the numbers are not rising, or are stagnating, let alone decreasing, some of them will liquidate their mining business.

Yepp that would be the logical consequence.But that is no drama as difficulty and hash rate is extremely high. Even if it would drop way more than one could expect the small private miners at home could see it as an opportunity to switch on their equipment again.

[quadriple7]

i think nothing will happen but miners will stop what they are doing right now .

[john2231]

If there's no price rise when halving ends i think you should still holding your bitcoins because no stable price of the bitcoin it will still rise even halving ends. So keeping your bitcoins still be profitable.
But miners will be affected if the halving end maybe the difficulty will be reduce after halving.

[lexuz]

impossible price not rise after halving, that moment will help bitcoin price up even though up a little but i hope price will jump high at least $100-$200 from last price before halving

[ThunderThomas]

Nothing. The current price is good for miners.
But the next generation miners will be even more profitable of the big guys. The small guys will never make ROi.

[valta4065]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Miners have more coins then everyone else so they are the one who define the price (they won't sell if it's not profitable for them)  , beside ... logically Bitcoin price is based on Supply and demand , so It's impossible for the supply to get halved and the demand stays the same or rise and nothing at all happens to the price ...

Not on the long term for sure, cause it's effectively a supply demand market.
But if it's on the short term, it could have no or very small effect and thus massive dumping would be the direct consequence -> decrease of price!

[romero121]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

[valta4065]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

[LMGTFY]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

You are not getting something.

"The miners" are not a homogenous group.  Different miners have different fixed costs, different variable costs. They will not stop mining as one big group. The block reward reduction will not come as a total surprise to them - they will have been aware of it just as long as everyone else - and when they determined their own, individual, ROI they will have taken the reduction into account. The most marginal miners may stop mining - but all that means for the remaining mass of miners is that difficulty will decrease.

[valta4065]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

You are not getting something.

"The miners" are not a homogenous group.  Different miners have different fixed costs, different variable costs. They will not stop mining as one big group. The block reward reduction will not come as a total surprise to them - they will have been aware of it just as long as everyone else - and when they determined their own, individual, ROI they will have taken the reduction into account. The most marginal miners may stop mining - but all that means for the remaining mass of miners is that difficulty will decrease.

OOOOOOOOOOOOOOOOH!

I was not getting something xD
So it means that difficulty is directly linked to the amount of miners in action?
Does that mean that we absolutely don't need so many miners? Do we know how many miners we actually need to secure the transactions?

[LMGTFY]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

You are not getting something.

"The miners" are not a homogenous group.  Different miners have different fixed costs, different variable costs. They will not stop mining as one big group. The block reward reduction will not come as a total surprise to them - they will have been aware of it just as long as everyone else - and when they determined their own, individual, ROI they will have taken the reduction into account. The most marginal miners may stop mining - but all that means for the remaining mass of miners is that difficulty will decrease.

OOOOOOOOOOOOOOOOH!

I was not getting something xD
So it means that difficulty is directly linked to the amount of miners in action?
Does that mean that we absolutely don't need so many miners? Do we know how many miners we actually need to secure the transactions?

Not directly linked to the amount of miners, but indirectly through hash power. As the computational power of the network changes, blocks are found more or less frequently. Every 2016 blocks the difficulty changes to keep the rate at which blocks are found close to one block every 6 minutes.

Computational power is what matters, not the amount of miners. Given two mining operations with the same computational power - one a mining pool and the other a vast mining operation owned and operated by one very wealthy individual - there's no computational difference to the network between the two operations (i.e. the probability of either operation finding a block is the same), even though the mining pool aggregates numerous small miners.

[Amph]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

You are not getting something.

"The miners" are not a homogenous group.  Different miners have different fixed costs, different variable costs. They will not stop mining as one big group. The block reward reduction will not come as a total surprise to them - they will have been aware of it just as long as everyone else - and when they determined their own, individual, ROI they will have taken the reduction into account. The most marginal miners may stop mining - but all that means for the remaining mass of miners is that difficulty will decrease.

if the diff will decrease because those with high rate will leave than the other with lower rate will add more hash, right now they can not because that hash is busy from those with higher rate

so diff will not actually decrease so much as many believe, unless the price fall under a certain amount

[LMGTFY]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

You are not getting something.

"The miners" are not a homogenous group.  Different miners have different fixed costs, different variable costs. They will not stop mining as one big group. The block reward reduction will not come as a total surprise to them - they will have been aware of it just as long as everyone else - and when they determined their own, individual, ROI they will have taken the reduction into account. The most marginal miners may stop mining - but all that means for the remaining mass of miners is that difficulty will decrease.

if the diff will decrease because those with high rate will leave than the other with lower rate will add more hash, right now they can not because that hash is busy from those with higher rate

so diff will not actually decrease so much as many believe, unless the price fall under a certain amount

I don't think it really matters whether difficulty falls as much as some people think it will. What matters is that it decreases (or increases) in response to the rate at which blocks are found, not by how much it decreases/increases. If it falls a little, a few old miners may purchase new hardware, or a few new miners may enter the game. If it falls a lot many old miners or many new miners or some combination thereof, etc. The point is that the block reward reduction won't be the apocalypse some people seem to think - the system was cleverly designed to anticipate this and find an equilibrium, and has already survived (and thrived!) through the 50 to 25 BTC reduction.

[Amph]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

You are not getting something.

"The miners" are not a homogenous group.  Different miners have different fixed costs, different variable costs. They will not stop mining as one big group. The block reward reduction will not come as a total surprise to them - they will have been aware of it just as long as everyone else - and when they determined their own, individual, ROI they will have taken the reduction into account. The most marginal miners may stop mining - but all that means for the remaining mass of miners is that difficulty will decrease.

if the diff will decrease because those with high rate will leave than the other with lower rate will add more hash, right now they can not because that hash is busy from those with higher rate

so diff will not actually decrease so much as many believe, unless the price fall under a certain amount

I don't think it really matters whether difficulty falls as much as some people think it will. What matters is that it decreases (or increases) in response to the rate at which blocks are found, not by how much it decreases/increases. If it falls a little, a few old miners may purchase new hardware, or a few new miners may enter the game. If it falls a lot many old miners or many new miners or some combination thereof, etc. The point is that the block reward reduction won't be the apocalypse some people seem to think - the system was cleverly designed to anticipate this and find an equilibrium, and has already survived (and thrived!) through the 50 to 25 BTC reduction.

well yes i understand that there always be profit for someone, there will be always miners out there, but the point is not getting a reverse trend on the diff

where the diff keep going down because the value is going down, i believe that the halving is there to force a certain threshold on the value, and maintaining the network always more secure than before

[~Bitcoin~]

i think nothing will happen but miners will stop what they are doing right now .

I don't think all of the miners will stop mining, we may see some of the small miners leaving not the big one. As the current price may be still profitable for big ones which has lower running cost.

[coldbound]

The price will slowly bleed to who knows where.

[MaritiJames3]

Then miners will quit their jobs. Because they won't be able to make any profit.

They will stop differently, that's one thing for sure but most professional miners already have a lot of bitcoins on their wallet. So its no problem for them if it happen, it would be a real pity if the price will not rise at all.

[avw1982]

Then miners will quit their jobs. Because they won't be able to make any profit.

They will stop differently, that's one thing for sure but most professional miners already have a lot of bitcoins on their wallet. So its no problem for them if it happen, it would be a real pity if the price will not rise at all.

I guess op is not aware of effects of halving. First mining rate reduce to half the value according to current mining level of bitcoins. Demand in a market will get increase for bitcoin, miners will get more pay than now for mining. Once demand is on market. Sure cen percent price will change accordingly.

[praprata]

I think the miners, will cry out loud it will be a real pity for them.
But the halving is also a good thing for us to make profit if it would rise.

[valta4065]

Just because there is no price increase during halving one can't say that bitcoin is dying. This time the scenario might be the same, there might be no price increase during halving as the current market situation of china is worse than how was it during the last years halving

Hmm... Yes one can. As it will mean the miners are going to die as they won't earn enough to cover their expenses, which will mean they will stop mining which will mean btc is going to die :p

Am I not getting something?

You are not getting something.

"The miners" are not a homogenous group.  Different miners have different fixed costs, different variable costs. They will not stop mining as one big group. The block reward reduction will not come as a total surprise to them - they will have been aware of it just as long as everyone else - and when they determined their own, individual, ROI they will have taken the reduction into account. The most marginal miners may stop mining - but all that means for the remaining mass of miners is that difficulty will decrease.

OOOOOOOOOOOOOOOOH!

I was not getting something xD
So it means that difficulty is directly linked to the amount of miners in action?
Does that mean that we absolutely don't need so many miners? Do we know how many miners we actually need to secure the transactions?

Not directly linked to the amount of miners, but indirectly through hash power. As the computational power of the network changes, blocks are found more or less frequently. Every 2016 blocks the difficulty changes to keep the rate at which blocks are found close to one block every 6 minutes.

Computational power is what matters, not the amount of miners. Given two mining operations with the same computational power - one a mining pool and the other a vast mining operation owned and operated by one very wealthy individual - there's no computational difference to the network between the two operations (i.e. the probability of either operation finding a block is the same), even though the mining pool aggregates numerous small miners.

Ok so the more hashpower the higher the difficulty.

And how much hashpower do we need to get the whole network working? Is the difficulty always balancing everything so it'll always be profitable for enough miners to mine?

[LMGTFY]

Ok so the more hashpower the higher the difficulty.

And how much hashpower do we need to get the whole network working? Is the difficulty always balancing everything so it'll always be profitable for enough miners to mine?

The difficulty is always balancing everything, yes. This is based on a period in which 2016 blocks are found - this should take roughly 14 days, or about 10 minutes per block. If, on average, it takes more than 10 minutes per block then difficulty will decrease proportionately. If it takes less than 10 minutes on average then difficulty will increase. These changes in difficulty obviously impact the most marginal miners, "encouraging" them to start or stop mining. This will then feed into the calculation for the next 2016-block period.

The whole network  has worked on comparatively little hashpower - this graph shows (on a log scale) how the power of the network has grown over the last 6-7 years. Ignoring the early days, when difficulty was kept higher than you might expect, difficulty has always tracked hashpower (with a 2016-block lag). Hashpower has occasionally fallen, and difficulty has fallen to match it (there are a few examples during April-June 2015). However, as difficulty fell marginal miners suddenly found that they could mine for a (small) profit, and started mining, increasing hashpower again, and (2016 blocks later) difficulty rose again.

In the long-term BTC won't exhibit supply inflation, so giving BTC to miners finding blocks isn't tenable in the long-term. However, miners will always need some sort of reward for maintaining the network. For this reason Bitcoin has built in a process to encourage a market in transaction fees, and to encourage an increase in transactions fees and less reliance on block reward the block reward is periodically reduced (every 210,000 blocks the block reward is halved). Incidentally, this is the reason why difficulty changes don't happen precisely every 14 days, and the block reward reduction doesn't happen precisely every 4 years - because changes are based on blocks being found, not on time, and the rate at which blocks are found tends to be faster than 1 every 10 minutes.

[valta4065]

Ok so the more hashpower the higher the difficulty.

And how much hashpower do we need to get the whole network working? Is the difficulty always balancing everything so it'll always be profitable for enough miners to mine?

The difficulty is always balancing everything, yes. This is based on a period in which 2016 blocks are found - this should take roughly 14 days, or about 10 minutes per block. If, on average, it takes more than 10 minutes per block then difficulty will decrease proportionately. If it takes less than 10 minutes on average then difficulty will increase. These changes in difficulty obviously impact the most marginal miners, "encouraging" them to start or stop mining. This will then feed into the calculation for the next 2016-block period.

The whole network  has worked on comparatively little hashpower - this graph shows (on a log scale) how the power of the network has grown over the last 6-7 years. Ignoring the early days, when difficulty was kept higher than you might expect, difficulty has always tracked hashpower (with a 2016-block lag). Hashpower has occasionally fallen, and difficulty has fallen to match it (there are a few examples during April-June 2015). However, as difficulty fell marginal miners suddenly found that they could mine for a (small) profit, and started mining, increasing hashpower again, and (2016 blocks later) difficulty rose again.

In the long-term BTC won't exhibit supply inflation, so giving BTC to miners finding blocks isn't tenable in the long-term. However, miners will always need some sort of reward for maintaining the network. For this reason Bitcoin has built in a process to encourage a market in transaction fees, and to encourage an increase in transactions fees and less reliance on block reward the block reward is periodically reduced (every 210,000 blocks the block reward is halved). Incidentally, this is the reason why difficulty changes don't happen precisely every 14 days, and the block reward reduction doesn't happen precisely every 4 years - because changes are based on blocks being found, not on time, and the rate at which blocks are found tends to be faster than 1 every 10 minutes.

This is... Incredible! Thanks a lot for your explanations! That truly gives a better idea of why Btc is really sustainable on the long term. Because mining has been more and more difficult only because of concurrence, as soon as some miners can't mine anymore it will become a bit easier.

It's just plain genius, I knew btc was cool but that's awesome ^^

I just have one last remaining question though, how much hashpower is needed at least to mine correctly the blocks? Which means under which amount of hashpower will the tx not be confirmed correctly? Cause that means as long as it's profitable to run this amount of hashpower, we don't really need to rise the fees or the btc price!

Anyway thanks again for all those clear explanation!!!!

[fravia]

well the interest of ordinary people in bitcoin would surely go down a lot and people wouldnt be that active when it comes to bitcoin, i think that would be a very bad thing though thats just my opinion

[snipie]

Normally the price should increase, well not immediately but after a few days or months, in case it didn't then there will be a serious problem especially for miners imo

[dothebeats]

Small time miners would probably halt their operations since the amount of bitcoins they get in mining cannot compensate their operating costs. From what I see, some hashing power might be removed from the network and those who have large farms and such would stay.

[g-unit]

What is the current break even price per coin for miners right now? Big miners and smaller miners? Someone said for big miners, like Chinese farms, it was $180 per coin. But that was a while ago I think.

[vendetahome]

miners won't mine anymore i guess, also people will sell of of theird bitcoins so price will fall down

[2legit2]

it will rise anyway, becouse of people panic, and also yeah, miners should quit their jobs becouse it wont bring them any profit

[Juhagic]

miners won't mine anymore i guess, also people will sell of of theird bitcoins so price will fall down

If there is no price rise after the halving, the miner will not mine, the difficulty will not rise. Only the most efficient miner can mine.

[bearex]

That would mean the ammount of people buying bitcoin is the same/smaller, and that it needs further promotion so more people come and the price increases.

[Juhagic]

That would mean the ammount of people buying bitcoin is the same/smaller, and that it needs further promotion so more people come and the price increases.

The price of bitcoin is related to the popularity of the bitcoin. The more people use it , the higher the price.

[kartaggen]

That would mean the ammount of people buying bitcoin is the same/smaller, and that it needs further promotion so more people come and the price increases.

The price of bitcoin is related to the popularity of the bitcoin. The more people use it , the higher the price.

Yeah and it also depends on the circulation of bitcoins, if bitcoins are more circulated the price would rise and if people just keep on holding it the price would relatively fall down.

[Pab]

Price will rise up to  halving after will drop,there  is always like that
But halving is not  most importent for Bitcoin

[pumawolf]

top tier  miners or  low price eletricity    will cont to mine,  the shittyer machines will drop off, diff  will drop  .   bussiness as usual

[7Priest7]

well it will create a massive panic for all bitcoin users, probably they will sell all of their bitcoins fast as possible so price will fall down each day

[Juhagic]

top tier  miners or  low price eletricity    will cont to mine,  the shittyer machines will drop off, diff  will drop  .   bussiness as usual

The difficulty might not drop. The old miners will replaced by new miners which have higher efficiency.

[Amph]

top tier  miners or  low price eletricity    will cont to mine,  the shittyer machines will drop off, diff  will drop  .   bussiness as usual

no diff will not drop, because the cheap electricity miners, will add more miners to replace those shitty electricity miner

there is no returning on the previous diff, it's always going up by average each year

[stoat]

There will be no price rise on the halving.

All new money in crypto is flowing in to ethereum.

Chinese farms will hopefully go bust.

[n0ne]

well it will create a massive panic for all bitcoin users, probably they will sell all of their bitcoins fast as possible so price will fall down each day

But I think, there is nothing to get panic. These days the effects of halving can be experienced over the increasing price of the bitcoin.

[gkv9]

Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is...

[Juhagic]

Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is...

The halving effect from reducing the block reward from 25 to 12.5 will not have too big effect. The last halving has big effect.

[amaclin]

Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is...

the price $220 per one 1BTC was when the difficulty was x2.5 less comparing to current values
think about it 

[Ludwish]

Whether the price rises or not, when miners were already profiting at 25 BTC rewards when the price was $220, then I guess the price has already reached ~2x of it, so there won't be much effect even if the price remains as it is...

the price $220 per one 1BTC was when the difficulty was x2.5 less comparing to current values
think about it 

I think we will not see $220 ever. It is the price in the history. We will not see $400 in 6 months.

[stoat]

I think Ethereum will continue to grow market cap.  People are sick to death of BTC right now.  There won't be a price rise at halving which will actually be good for BTC in the long run because it will kill off the chinese miners

[richardsNY]

I think Ethereum will continue to grow market cap.  People are sick to death of BTC right now.  There won't be a price rise at halving which will actually be good for BTC in the long run because it will kill off the chinese miners

I really can't imagine some one being sick to death of Bitcoin as everything is moving in the right direction. Only time will tell what kind of increase the comming block halving will bring. I am sure it will be a more than decent increase.

[romero121]

This doesn't look to be a big issue. Even when the price was $200 also the miners got benefited as well users got benefited. Now the price is found to be good and profitable just with its normal or natural increase. So next time people won't have much expectation on halving.

[coinzat]

If a lot of miners stop mining dew to the halving, the mining difficulty will fall and new miners will continue the mining with no problem.
we have to understand that mining is profitable for some people even if the prices fall to the deep. so do not worry

[Pattart]

any cause if there is no price increase. probably because bitcoin users diminishing ? #imo

[stoat]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

[Amph]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

[valta4065]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

Ok would you care to detail a bit? I didn't understand you at all xD

What's the diff?

[stoat]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

Ok would you care to detail a bit? I didn't understand you at all xD

What's the diff?

He is a fucking idiot.


Bitcoin halving is priced in. Difficulty is just a function of the number of miners.  Just means they will be even more fucked when the halving happens.


Buy ethereum guys.

[Amph]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

Ok would you care to detail a bit? I didn't understand you at all xD

What's the diff?

He is a fucking idiot.


Bitcoin halving is priced in. Difficulty is just a function of the number of miners.  Just means they will be even more fucked when the halving happens.


Buy ethereum guys.

yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty

all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless....

[Juhagic]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

Ok would you care to detail a bit? I didn't understand you at all xD

What's the diff?

He is a fucking idiot.


Bitcoin halving is priced in. Difficulty is just a function of the number of miners.  Just means they will be even more fucked when the halving happens.


Buy ethereum guys.

yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty

all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless....

This can be applied to the situation with Ethereum. The difficulty doubled, but fortunately, the price is 6 fold.

[coldbound]

Miners will always find a way to profit, there will always be someone who is using more expensive electricity and therefore will have to deactivate their chips. They were profitting when the price was $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.

[asrilani]

Miners will always find a way to profit, there will always be someone who is using more expensive electricity and therefore will have to deactivate their chips. They were profitting when the price was $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.

When it is less profitable to mine with the S7 with current settings, they will reduce the voltage and make it more efficient.

[Amph]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

Ok would you care to detail a bit? I didn't understand you at all xD

What's the diff?

He is a fucking idiot.


Bitcoin halving is priced in. Difficulty is just a function of the number of miners.  Just means they will be even more fucked when the halving happens.


Buy ethereum guys.

yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty

all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless....

This can be applied to the situation with Ethereum. The difficulty doubled, but fortunately, the price is 6 fold.

correct, in fact right now the diff on bitcoin is slowing down, we are in negative, miners aren't stupid they knwo that they do not have huge margin anymore on profit(4-5 x the consuming to be precise)

so i don't expect any major diff increase for the moment unless the value skyrocket to 2x again and so on...endless cycle

[valta4065]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

Ok would you care to detail a bit? I didn't understand you at all xD

What's the diff?

He is a fucking idiot.


Bitcoin halving is priced in. Difficulty is just a function of the number of miners.  Just means they will be even more fucked when the halving happens.


Buy ethereum guys.

yeah sure keep insulting for no reason when you're wrong, difficult increase by 2x so it means that miners are earning right now exactly the same they were earning at 2xx price with 70B difficulty

all this mean that we need another 2x increase to face the halving without another 2x increase in the diff, otherwise will be pointless....

Or we'll just see a difficulty decrease!

It wouldn't be a bad thing in itself no? I mean what's the point of high difficulty for non miners?

[n0ne]

Miners will always find a way to profit, there will always be someone who is using more expensive electricity and therefore will have to deactivate their chips. They were profitting when the price was $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.

Well only the miners who were getting less profit because of increased power consumption charge will be affected badly rather than other miners. Such miners can decrease there production else they can't manage.

[asrilani]

Miners will always find a way to profit, there will always be someone who is using more expensive electricity and therefore will have to deactivate their chips. They were profitting when the price was $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.

Well only the miners who were getting less profit because of increased power consumption charge will be affected badly rather than other miners. Such miners can decrease there production else they can't manage.

In a year or two, the only miner can operate are the ones that have cheap electricity. The difference between mining efficiency will be minimal.

[NeuroticFish]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

It depends a lot of what will happen until the halving.
A lot of voices tell that Bitcoin is under valuated even now. If you remember, Bitcoin was 250$ not long ago and the mining did not stop. Now it's over 400$.

I don't expect much movement price wise, excepting some pump and dump.
I surely don't expect the price to double, that's for sure.

If needed, the market will adjust over time. Some miners will wait for the price to rise, some will not. Some are more efficient than others and will remain in the business, some are dreamers and stay in the business, some will leave the mining area. The difficulty will also adjust. You will not feel the difference.

[john2231]

For me if there's no price increase after halving i think i will still stay holding my coin and i believe that the price of bitcoin will rise weeks or months ago after halving.. because its impossible that the price will not rise after halving the block rewards will be half and so the value of bitcoin should be double,.

[bitlancr]

For me if there's no price increase after halving i think i will still stay holding my coin and i believe that the price of bitcoin will rise weeks or months ago after halving.. because its impossible that the price will not rise after halving the block rewards will be half and so the value of bitcoin should be double,.

Indeed but if this will happen I think the bitcoin will collapse because so many people invested because of this.
So I think they do not believe in the bitcoin if this happens.

[GermanFoobla]

You just have to hold it, that is the best way. But you can now see that the price is rising slowly so that is very good.
But you never know what will happen later in the future and that is the problem, but lets hope for the best.

[helloeverybody]

You just have to hold it, that is the best way. But you can now see that the price is rising slowly so that is very good.
But you never know what will happen later in the future and that is the problem, but lets hope for the best.

hopefully the block halfing will further increase the price of bitcoin , and that way hopefully make the price a bit more stable. even if it is fairly stable at the moment (bitcoin terms).

[n0ne]

If there is no price increase on halving we will experience the normal growth without extra profit. The price of bitcoin seems to sit around the tag of $450 - $500 for few more months.

[LarryHocks]

If there is no price increase on halving we will experience the normal growth without extra profit. The price of bitcoin seems to sit around the tag of $450 - $500 for few more months.

Yes, I even think the price will also increase a bit if there is no price increase but because of the people that investment in it for it are letting the bitcoin increasing.
I think most likely the halving will let the price jump but you never know.

[doublemore]

I find it hard to believe we have already had the halving pump, its just too small a move and most of it we clawing back the value we lost from the $1200 run.  If a pump doesn't happen right around the halving i think the market makers will be up to something to get people to panic sell.

[phreaky]

I find it hard to believe we have already had the halving pump, its just too small a move and most of it we clawing back the value we lost from the $1200 run.  If a pump doesn't happen right around the halving i think the market makers will be up to something to get people to panic sell.

I'm thinking the same thing but the halving has still not been been for sure, its just taking a while before this will happen.
If there is no halving with a price increase there is a chance the bitcoin collapse.

[Nextgen]

I find it hard to believe we have already had the halving pump, its just too small a move and most of it we clawing back the value we lost from the $1200 run.  If a pump doesn't happen right around the halving i think the market makers will be up to something to get people to panic sell.

I'm thinking the same thing but the halving has still not been been for sure, its just taking a while before this will happen.
If there is no halving with a price increase there is a chance the bitcoin collapse.

Well,I don't think that bitcoin mining should be profitable to everyone and nor it is a business made for profits.Mining is a way to get bitcoins when there were no exchanges like today but it is not needed anymore ,at least for the typical users.The difficulty could also decrease if it gets horribly unprofitable though.

[CryptoBjorn]

I find it hard to believe we have already had the halving pump, its just too small a move and most of it we clawing back the value we lost from the $1200 run.  If a pump doesn't happen right around the halving i think the market makers will be up to something to get people to panic sell.

I'm thinking the same thing but the halving has still not been been for sure, its just taking a while before this will happen.
If there is no halving with a price increase there is a chance the bitcoin collapse.

Well,I don't think that bitcoin mining should be profitable to everyone and nor it is a business made for profits.Mining is a way to get bitcoins when there were no exchanges like today but it is not needed anymore ,at least for the typical users.The difficulty could also decrease if it gets horribly unprofitable though.

Than we should just hold our coins, for the next increasing. Dont be greedy and just wait and see for what is going to happen.
I hope later that we can all make some money and that will be very good also for Bitcoin.

[Amph]

If there is no price increase on halving we will experience the normal growth without extra profit. The price of bitcoin seems to sit around the tag of $450 - $500 for few more months.

and this will suffice, because miners don't really need crazy value to keep mining, even at a mere increase of +100 on the value is more than enough to give them more room

the other job will be done by the greater efficiency of the new miners 14/16nm that are coming already

[newcoins1978]

I find it hard to believe we have already had the halving pump, its just too small a move and most of it we clawing back the value we lost from the $1200 run.  If a pump doesn't happen right around the halving i think the market makers will be up to something to get people to panic sell.

I'm thinking the same thing but the halving has still not been been for sure, its just taking a while before this will happen.
If there is no halving with a price increase there is a chance the bitcoin collapse.

Well,I don't think that bitcoin mining should be profitable to everyone and nor it is a business made for profits.Mining is a way to get bitcoins when there were no exchanges like today but it is not needed anymore ,at least for the typical users.The difficulty could also decrease if it gets horribly unprofitable though.

Than we should just hold our coins, for the next increasing. Dont be greedy and just wait and see for what is going to happen.
I hope later that we can all make some money and that will be very good also for Bitcoin.

Yes we should do that, but think about the fact the people will not do this in my opinion, I think they will sell it because they do not believe in it anymore.
Some people only invested for the halving but that is just not good at all because the bitcoin is unpredictable.

[quadriple7]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

there will be price rise, people won't let price fall down that would mean that bitcoin is dead

and if somehow there won't be any price rise, yes, miners will leave bitcoin, so price will drop even more, so bitcoin will be dead, but  i don't think that there won't be a price rise

[maokoto]

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

[asrilani]

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

[armansolis593]

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

If bitcoin turn to Pow its price will surely drop as the difficulty of gaining bitcoin is not that hard.

[ranochigo]

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

PoS mining is not an option at all. PoS mining introduces a flaw of easy mining centralisation; anyone having large amount of coins would hold a monopoly over the network. Miners would certainly not be happy with the change of mining method, their ASICs would be rendered worthless. The price would certainly drop due to the fears of centralisation by exchange and large service.

People would also stop spending their coin to gain more coins. This wouldn't be good for Bitcoin's adoption.

It is harder to gain a large amount of hashrate without expensive costs on PoW mining.

[Amph]

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

the enery of the mining is what give in part, the value to bitcoin, so it's beneficial and not a waste like many think

there are other major wast on the planet and no one is talking about them

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

If bitcoin turn to Pow its price will surely drop as the difficulty of gaining bitcoin is not that hard.

bitcoin is already pow, what are you talking about?

[Ludwish]

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

the enery of the mining is what give in part, the value to bitcoin, so it's beneficial and not a waste like many think

there are other major wast on the planet and no one is talking about them

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

If bitcoin turn to Pow its price will surely drop as the difficulty of gaining bitcoin is not that hard.

bitcoin is already pow, what are you talking about?

I think he means PoS. The cost of PoS is lower than the PoW, so people tend to dump more PoS coins.

[Amph]

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

the enery of the mining is what give in part, the value to bitcoin, so it's beneficial and not a waste like many think

there are other major wast on the planet and no one is talking about them

If mining is dead... then Bitcoin is dead? I do not think so. Probably some will keep on mining even at a loss expecting the price to raise, and others will held nodes even though there isn't miners (they are doing that already I guess). Bitcoin will be interesting to use even at the actual prices or lower.

If there is no PoW mining, Bitcoin can convert to PoS mining. It will also save a lot of energy for the planet.

If bitcoin turn to Pow its price will surely drop as the difficulty of gaining bitcoin is not that hard.

bitcoin is already pow, what are you talking about?

I think he means PoS. The cost of PoS is lower than the PoW, so people tend to dump more PoS coins.

this because pos is not backed by energy consumption for the mining activity, so there is no deterrent that allow everyone to hold for a reason, there is no incentive to hold with pos basically

[7Priest7]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Well if price won't rise at all then yes,  miners will leave their jobs because they won't get any profit, so bitcoin would die unless new miners would start mining, but i don't think that price won't rise at all

[greghansel89]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Well if price won't rise at all then yes,  miners will leave their jobs because they won't get any profit, so bitcoin would die unless new miners would start mining, but i don't think that price won't rise at all

If the miners leave then the difficulty for mining the coin will drop significantly and the remaining miners will profit more from this.

[nielaminda]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Well if price won't rise at all then yes,  miners will leave their jobs because they won't get any profit, so bitcoin would die unless new miners would start mining, but i don't think that price won't rise at all

If the miners leave then the difficulty for mining the coin will drop significantly and the remaining miners will profit more from this.

I think this is part of the program in bitcoin when there is less miners it will reduce the required difficulty to mine bitcoin,if this is true then miners who have faith will benefit more.

[terman45x]

If we don't see price rise at the time of halving then majority of us will be very much disappointed as we have been waiting too long to see higher price of bitcoin.

[Red-Apple]

i don't think anything will happen even if the price rise that everybody is speculation doesn't happen at all.

with no price rise there will only be stable price around $420 and after a month or two it will reach $520 and more eventually as steady growth.

[Bit_Happy]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.

Exactly, many people were thrilled to be mining when Bitcoins were $2 to $5. Bicoin isn't "dying off" especially if you consider where we used to be.

[techgeek]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.

Exactly, many people were thrilled to be mining when Bitcoins were $2 to $5. Bicoin isn't "dying off" especially if you consider where we used to be.

can you imagine their faces now at current value.

I`d be similar to experience with the $1k feeling, and then imagine if we actually do hit $1k in 2016. That would be a mind blown situation all over again before the 1st $100 price was a huge thing back then.

[nostal02]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

dont worry about that. mining will always be profitable for some people on earth. some miners can even mine when the price is at 50-100USD because they dont pay for electricity at all.

Exactly, many people were thrilled to be mining when Bitcoins were $2 to $5. Bicoin isn't "dying off" especially if you consider where we used to be.

can you imagine their faces now at current value.

I`d be similar to experience with the $1k feeling, and then imagine if we actually do hit $1k in 2016. That would be a mind blown situation all over again before the 1st $100 price was a huge thing back then.

I doubt that we will hit 1k again,that price back was really huge news to bitcoin user but then a scam has happened and the price drops rapidly.

[alisafidel58]

If there is no price rise that will happen after the halving the user will be disappointed because they have been expecting so much about the price of bitcoin.

[Kollor]

If there is no price rise that will happen after the halving the user will be disappointed because they have been expecting so much about the price of bitcoin.

But they have no choice, except to accept it.. But the fact that the supply would be smaller after the halving, the price would surely increase as it cannot meet the demands...But the only thing that might make the price to go down again are those that will dump their coins...But I don't think that it will go down far...Absolutely there will be an increase...

[btc-facebook]

I'm holding bitcoin as investation just like I did on gold. If there are no raising price, Mostly I'm kindda dissappointing and I'm bet that most people will feel the same.
But since I know the risk of holding bitcoin , I can bear of it and will keep holding it until the time has come !

[n0ne]

If there is no price rise that will happen after the halving the user will be disappointed because they have been expecting so much about the price of bitcoin.

If no price rise is observed on halving, most of the users get disappointed as they haven't experienced price rise for a long time. If some rise is experienced by the falling weeks users might be more excited.

[Mr. Big]

If no price rise is observed on halving, most of the users get disappointed as they haven't experienced price rise for a long time. If some rise is experienced by the falling weeks users might be more excited.

That's true, if there is not price increase after the halving, then probably everyone will be disappointed and one thing is for sure everyone is holding their coins, and most probably that would make the price rise.. But I doubt it if there is no price increase after the halving..

[jjacob]

I'm holding bitcoin as investation just like I did on gold. If there are no raising price, Mostly I'm kindda dissappointing and I'm bet that most people will feel the same.
But since I know the risk of holding bitcoin , I can bear of it and will keep holding it until the time has come !

If most people feel disappointed, they will dump their coins. The price will further decline.
We could get into a downward spiral.

[Qatuca]

I'm holding bitcoin as investation just like I did on gold. If there are no raising price, Mostly I'm kindda dissappointing and I'm bet that most people will feel the same.
But since I know the risk of holding bitcoin , I can bear of it and will keep holding it until the time has come !

If most people feel disappointed, they will dump their coins. The price will further decline.
We could get into a downward spiral.

Immediately after the halving, the price might not rise a lot. The halving could have already priced in.

[asrilani]

I'm holding bitcoin as investation just like I did on gold. If there are no raising price, Mostly I'm kindda dissappointing and I'm bet that most people will feel the same.
But since I know the risk of holding bitcoin , I can bear of it and will keep holding it until the time has come !

If most people feel disappointed, they will dump their coins. The price will further decline.
We could get into a downward spiral.

Immediately after the halving, the price might not rise a lot. The halving could have already priced in.

That happened in 2012 halving. But within 1 year of halving, the price of bitcoin reached an all time high.

[alyssa85]

If there is no price rise, the miners will push for the blocksize to be increased. Basically they can only make money if there are a lot of transactions in a block, which adds up to a lot of fees for them. People bypassing BTC and using other currencies to move money will hurt the BTC miners badly...

[jod_doj]

I'm holding bitcoin as investation just like I did on gold. If there are no raising price, Mostly I'm kindda dissappointing and I'm bet that most people will feel the same.
But since I know the risk of holding bitcoin , I can bear of it and will keep holding it until the time has come !

If most people feel disappointed, they will dump their coins. The price will further decline.
We could get into a downward spiral.

Immediately after the halving, the price might not rise a lot. The halving could have already priced in.

i odubt that, the price is still pretty low in my opinion and has a lot of potential to grow right now as people are building price walls that will help the price grow during the halving

i think that there will be a huge price jump during or just before the halving because people will be buying it like crazy in order to earn some good money for free

[UngratefulTony]

Escalating panic as intrepid BTCeanie investors see their final hope for getting rich off of revolutionary internet tokens slip away in a fog of apathy, misguided corporate capture, and irrelevance.   Sad

The network keeps working just fine, industrial miners won't be hitting the switch, there will be no overloaded network death spiral.

That's the hilarious thing about Blockstream's high fee uncensorable settlement system... Without potential growth... investors shrug you off... and you have no capacity problem. Brilliant really, if the plan was to grift along on some VC mark's capital for a few years with your buddies.

[bakingbad]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

yes you are correct, if price won't rise at all or there will be small rise only, then miners probably will leave mining as their job won't be profitable anymore

but  i am pretty sure that price will rise, or even if it won't rise because of sellers, and miners will leave job, then new miners will come and they should replace old ones

[slap]

Food for thoughts, i'm unbiassed
http://forums.prohashing.com/viewtopic.php?f=11&t=782

[SiNeReiNZzz]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I think because the miners already large investments have made, no one will stop mining ... the price will rise ... I am sure...

[The Sceptical Chymist]

Bitcoin halving is already priced in.  Bitcoin total supply is 21 million everyone knows that so all future halvings are priced in.

Ethereum will grow market cap as bitcoin stagnates.  Hopefully the chinese miners go bust after halving which should do bitcoin a favour.

no the bitcoin halving is not priced in anymore, because the diff doubled basically, it was priced in when the diff was 70B now 140B+

so there is the need for another increase for the miners, to have the same profit as before

Ok would you care to detail a bit? I didn't understand you at all xD

What's the diff?

He is a fucking idiot.


Bitcoin halving is priced in. Difficulty is just a function of the number of miners.  Just means they will be even more fucked when the halving happens.


Buy ethereum guys.

Yeah I'm totally not buying ethereum.  My position is still that the halving is priced in, but I'm staying tuned anyway.  Glad some people agree with me but it seems a lot of people don't believe in even weakly efficient markets.

[nostal02]

If there will be no price increase that will happen after the halving then bitcoin might collapse but that will not happen as the past halving has happen there was an increase.

[DashCoinDark]

Many people will get mad and that is because they want to make some profit in a fast time and the meaning of a halving is also that the price must rise.
And if that will not happen that there will be a lot of people will get disappointed and that would be bad for them.

[adomers]

Many people will get mad and that is because they want to make some profit in a fast time and the meaning of a halving is also that the price must rise.
And if that will not happen that there will be a lot of people will get disappointed and that would be bad for them.

Small time miners would probably halt their operations since the amount of bitcoins they get in mining cannot compensate their operating costs.

[sured44]

Many people will get mad and that is because they want to make some profit in a fast time and the meaning of a halving is also that the price must rise.
And if that will not happen that there will be a lot of people will get disappointed and that would be bad for them.

Small time miners would probably halt their operations since the amount of bitcoins they get in mining cannot compensate their operating costs.

the difficulty has gone up to insanely high levels. Even if some larger miners shut down their mining operations, then the difficulty will still be very high. The difficulty almost doubled in the last 2 months and will continue to go up. Till now the largest mining farms have had enough time to earn back their invested hardware money.

[Rune]

if bitcoin does not go up then people who bought to sell when it goes up will dump.
and if it dumps hard enough plus the halving of the reward miners will have to shut down
could be a problem

[Nimbulan]

if bitcoin does not go up then people who bought to sell when it goes up will dump.
and if it dumps hard enough plus the halving of the reward miners will have to shut down
could be a problem

well you are right, people are willing to make huge money right now because of a huge price increase that it possibly might happen and they would start dumping it if the price wont grow

i hope there will be at least some kind of an increase in order to give us a lot of money and for bitcoin not to start failing because of huge dumping what would be really bad in my opinion

[DashCoinDark]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I think because the miners already large investments have made, no one will stop mining ... the price will rise ... I am sure...

Than there will be a lot of people that will get mad because they want to make profit with Bitcoin in a fast time and some people are depended on the value of Bitcoin.
Many people says that the value will keep stable after the halving so many people will get not that happy.

[asrilani]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I think because the miners already large investments have made, no one will stop mining ... the price will rise ... I am sure...

Than there will be a lot of people that will get mad because they want to make profit with Bitcoin in a fast time and some people are depended on the value of Bitcoin.
Many people says that the value will keep stable after the halving so many people will get not that happy.

If the price is stable, more people will use it. So the price will rise. I just want the price to rise slowly.

[sidrab14]

difficulty is always balancing everything, yes. This is based on a period in which 2016 blocks are found - this should take roughly 14 days, or about 10 minutes per block. If, on average, it takes more than 10 minutes per block then difficulty will decrease proportionately.

[valta4065]

Well there will be no price rise after the halving. Why would there be any rise?
I nknow the supply will shrink that's right... But what's important is that so many people already stored btc in order to sell after the halving that it doesn't really matter! The shrinking supply will be compensated by the enormous amount of people ready to sell :3

[Juhagic]

Well there will be no price rise after the halving. Why would there be any rise?
I nknow the supply will shrink that's right... But what's important is that so many people already stored btc in order to sell after the halving that it doesn't really matter! The shrinking supply will be compensated by the enormous amount of people ready to sell :3

It depends on if there are new users of the bitcoin. If there is no new application of the bitcoin, the price will not rise.

[popovicbit]

[sase007]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

At the start of Bitcoin's life it was worth nothing and was still being mined.
There would still be people such as students in University that would use Bitcoin to get money even small amounts would help them and oter peole own lots of Bitcoin so they would want to keep the blockchain going so there is lots of money for them surely.

[Qatuca]

In the last halving, the price did not change much during the halving. If it happens this time, it just mean the price has already reflected the halving.

[Herbert2020]

Well there will be no price rise after the halving. Why would there be any rise?
I nknow the supply will shrink that's right... But what's important is that so many people already stored btc in order to sell after the halving that it doesn't really matter! The shrinking supply will be compensated by the enormous amount of people ready to sell :3

It depends on if there are new users of the bitcoin. If there is no new application of the bitcoin, the price will not rise.

there is always new applications for bitcoin which will always continue bringing new people into bitcoin. if you follow the news more often you will see these applications in real world.

in my opinion two of the biggest news recently was the steam accepting bitcoin and also the release of OpenBazzar.

[asrilani]

Well there will be no price rise after the halving. Why would there be any rise?
I nknow the supply will shrink that's right... But what's important is that so many people already stored btc in order to sell after the halving that it doesn't really matter! The shrinking supply will be compensated by the enormous amount of people ready to sell :3

It depends on if there are new users of the bitcoin. If there is no new application of the bitcoin, the price will not rise.

there is always new applications for bitcoin which will always continue bringing new people into bitcoin. if you follow the news more often you will see these applications in real world.

in my opinion two of the biggest news recently was the steam accepting bitcoin and also the release of OpenBazzar.

These two are very important. The gamers might be interested in bitcoin as general and they can help the adoption.

[Bitcoinbro]

I think the beginners will sell their bitcoins but I also think the halving risings will happen after it and not in it or before it to be honest.

[fkvidar]

I think the beginners will sell their bitcoins but I also think the halving risings will happen after it and not in it or before it to be honest.

I think if there is no price rise at halving then majority of people will get panic and will sell all their coins at lower price and big whales will take advantage of it.

[Juhagic]

If there is no increase of price of halving, miners will shut down, the difficulty will reduce. The market will adjust.

[AsaroUk]

If the price rise is not going to happen before the halving then the price at the end of the halving is going to be very low. This is a good thing for people that want to buy coins for a low price again.

[Nimbulan]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasn't here at the last halfing and the price will need to be much higher so im not too sure what will happen.

i am sure that price will rise, and miners will be happy about that so everything will be okay, would be dumb to think that price won't rise at all, when so many people buys bitcoins now

but if something will happen and price won't rise, then miners will have to leave their jobs as they won't get any profit from mining anymore, so that would be very bad for bitcoin

[Ludwish]

There is no need to worry about the "no price rise for the halving", the price of the bitcoin has already risen.

[Juhagic]

There is no need to worry about the "no price rise for the halving", the price of the bitcoin has already risen.

The price rose more than 20% in the last two weeks. The bull market of the bitcoin has already started.

[rekinthis]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

if there will be no price rise after halving at all then miners will have to leave their jobs as this won't be profitable anymore, but that probably won't happen atleast not after this halving

and i don't think that price won't rise at all after halving because price rises very fast now so i am sure that it will rise after halving and price will be very large, 1000$ and more

[BitsandBites]

I think that then the price after the halving will be a bit lower then we are going to expect but the price is rising so we do not have to worry about that. The price is rising and it still is possible for the price to hit $600 soon.

[BombayChicken]

Why everyone's being scared with the halving effect???
It just as normal as the current days that are getting passed out, it's just that the value of BTC that miners will be getting per block will get halved, so what's new???
And if the price won't rise, miners will either wait or leave, but that won't happen as there are many big firms involved in mining and they have many reasons except to get their coins sold at higher prices, they want BTC to be used everywhere and so, mining won't shut down all of a sudden...

I think there will happen nothing special at all. There are allot of people who dont mind if he just not fall to much off course. But it would be not so funny is there is no price rise before the halfing.

[asrilani]

I think the price rise from the early this year price of $400 to $580 now is the result of the halving effect.

[zimmah]

I think the price rise from the early this year price of $400 to $580 now is the result of the halving effect.

except the halving didn't even start yet.

this is all just speculation, and chinese fleeing capital controls.

[Juhagic]

I think the price rise from the early this year price of $400 to $580 now is the result of the halving effect.

except the halving didn't even start yet.

this is all just speculation, and chinese fleeing capital controls.

Even though the halving will be on 10 July, the effect can be on the market several months before it.

[randy8777]

I think the price rise from the early this year price of $400 to $580 now is the result of the halving effect.

except the halving didn't even start yet.

this is all just speculation, and chinese fleeing capital controls.

Even though the halving will be on 10 July, the effect can be on the market several months before it.

which it did. the price started to increase in 2015 and till now it's not over yet. we have a month to go to the block halving, and within that month literally anything can happen. i definitely expect another bull run to start at the end of this month, or else at the very beginning of next month. just make sure you hold enough coins that you can sell at the peak!

[asrilani]

I think the price rise from the early this year price of $400 to $580 now is the result of the halving effect.

except the halving didn't even start yet.

this is all just speculation, and chinese fleeing capital controls.

Even though the halving will be on 10 July, the effect can be on the market several months before it.

The recent price rise could be caused by the halving. There is no other big news to drive the price up 25%.

[romero121]

I think the price rise from the early this year price of $400 to $580 now is the result of the halving effect.

except the halving didn't even start yet.

this is all just speculation, and chinese fleeing capital controls.

Even though the halving will be on 10 July, the effect can be on the market several months before it.

The recent price rise could be caused by the halving. There is no other big news to drive the price up 25%.

As quoted the halving impact might be, but for this we can't say on halving we won't get price increase. By situation if there is not much increase after halving periodic increase might take place.

[uki]

I think the price rise from the early this year price of $400 to $580 now is the result of the halving effect.

except the halving didn't even start yet.

this is all just speculation, and chinese fleeing capital controls.

Even though the halving will be on 10 July, the effect can be on the market several months before it.

The recent price rise could be caused by the halving. There is no other big news to drive the price up 25%.

As quoted the halving impact might be, but for this we can't say on halving we won't get price increase. By situation if there is not much increase after halving periodic increase might take place.

The real reason behind the recent rise is speculation pump, to attract unexperienced players and be able to unload at higher prices. there is nothing fundamental behind this rise and thus I would expect a drop as sudden as the rise soon.

[asrilani]

If there is no price rise after halving, some miners will shut off their miners, that will cause long confirmation time and reduce the transaction speed.

[Dwelach]

Well there will be no price rise after the halving. Why would there be any rise?
I nknow the supply will shrink that's right... But what's important is that so many people already stored btc in order to sell after the halving that it doesn't really matter! The shrinking supply will be compensated by the enormous amount of people ready to sell :3

It depends on if there are new users of the bitcoin. If there is no new application of the bitcoin, the price will not rise.

there is always new applications for bitcoin which will always continue bringing new people into bitcoin. if you follow the news more often you will see these applications in real world.

in my opinion two of the biggest news recently was the steam accepting bitcoin and also the release of OpenBazzar.

These two are very important. The gamers might be interested in bitcoin as general and they can help the adoption.

If that happens than there will be a lot of people that is going to be mad because they want to have the price increase so they can also sell it with a lot of profit.
And they waited a long time for it because it was also stable for a long time so that is bad and the time must now be soon that we can sell it.

[hasiramasenju]

if after halving no increase for bitcoin prices i think many people will feel disappointed because they had already hold their bitcoins before halving because predict and expect that bitcoin prices will rise up and i guess they will start to selling their bitcoin and would happen big dump

[Juhagic]

if after halving no increase for bitcoin prices i think many people will feel disappointed because they had already hold their bitcoins before halving because predict and expect that bitcoin prices will rise up and i guess they will start to selling their bitcoin and would happen big dump

I will not be disappointed. The bitcoin price will rise in long term. The bitcoin price has already double since last year.

[RoommateAgreement]

there has already been a big price rise from the start of this topic up until now and bitcoin price doesn't even show any signs of slowing down.

so even if by the time of halving there is no price rise it is not the end of the world, maybe some weak hands will be shaken out of the market because they panic sell but after their selling the price will rise.

[Denker]

if after halving no increase for bitcoin prices i think many people will feel disappointed because they had already hold their bitcoins before halving because predict and expect that bitcoin prices will rise up and i guess they will start to selling their bitcoin and would happen big dump

Well the more will sell, the more I can buy for a nice cheap price before Bitcoin will start moving up again.
Awesome!
When you look at the fundamentals, people who sell massively just because they feel subjectively disappointed by a halving with too less gains, those ones are completely stupid!Sorry for those hard words, but this is the truth!

[Juhagic]

if after halving no increase for bitcoin prices i think many people will feel disappointed because they had already hold their bitcoins before halving because predict and expect that bitcoin prices will rise up and i guess they will start to selling their bitcoin and would happen big dump

Well the more will sell, the more I can buy for a nice cheap price before Bitcoin will start moving up again.
Awesome!
When you look at the fundamentals, people who sell massively just because they feel subjectively disappointed by a halving with too less gains, those ones are completely stupid!Sorry for those hard words, but this is the truth!

I wish the price could be lower than the current $640 level so that I can buy more, it is not drop at present.

[langedwig]

As of now nothing can be predicted. If still it happen, then no other go. Need to accept the fact. But damn sure that the price will raise to its core. The price is getting increased. For the last 2 days the price growth is seen stable. So hope that the price does not go down on halving.

[serjent05]

If there's no price rise for after halving, i think miners will be disappointed.  Depending on what Bitcoin / USD exchange stabilize, miners might stop or continue.  Worst is if the price drop like what happen in 2014, for sure majority of the miner will have problem with mining maintenance, and possibly most of them will shut down.

[ebookscreator]

If there's no price rise for after halving, i think miners will be disappointed.  Depending on what Bitcoin / USD exchange stabilize, miners might stop or continue.  Worst is if the price drop like what happen in 2014, for sure majority of the miner will have problem with mining maintenance, and possibly most of them will shut down.

I think the price of bitcoin is already reach into double according to price before.. if you notice the price before and now the price is doubled and i think its enough because block halving only source will be change it will half by 12.5 btc so price should be double..

[uki]

Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.

[richardsNY]

Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.

That's why it's better to secure a certain amount of your profits at these prices right now just in case the price goes down heavily. It will leave you a very bitter taste if you could have secured profits at these prices,  but you didn't while the price has gone down heavily.

[peta4e]

Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.

That's why it's better to secure a certain amount of your profits at these prices right now just in case the price goes down heavily. It will leave you a very bitter taste if you could have secured profits at these prices,  but you didn't while the price has gone down heavily.

Exactly, I think this is the right time to sell some coins and grab the profits as we are not sure what will be the exact scenario after the halving.

[helloeverybody]

Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.

That's why it's better to secure a certain amount of your profits at these prices right now just in case the price goes down heavily. It will leave you a very bitter taste if you could have secured profits at these prices,  but you didn't while the price has gone down heavily.

Exactly, I think this is the right time to sell some coins and grab the profits as we are not sure what will be the exact scenario after the halving.

Sell now and maybe in a couple of years time you will be telling your friends storys about how you used to own x amount of bitcoins that nowadays would be worth 10k,100k,1kk etc.  I know that selling now to secure profits is the most sensible move but the way i see it is im all in till the end, Be that major profits or bust. I dont need the money from my bitcoins atm anyway so im holding.

[bit1]

Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.

Whereas the price to come close to achieving $800 and seing charts the elevator is going up yet.

[2double0]

Price has already been arose and way above previous prices, almost more than 400% if we remember the days bitcoins were dumped under 200 and stayed stable near 240. Whatever you will see now can be considered a pump. This price is needed to get the things going for everyone.

[Juhagic]

Price has already been arose and way above previous prices, almost more than 400% if we remember the days bitcoins were dumped under 200 and stayed stable near 240. Whatever you will see now can be considered a pump. This price is needed to get the things going for everyone.

The price is going down at the moment. It is around $650 now. If it drops below $600 during the halving, many miners will be shut down.

[romero121]

Due to the pace of the recent rises I wouldn't expect the price to rise further after the halving. To the contrary, I think that what we see is actually an exaggerated version of halving pump. This may end up in the one way only, that is, elevator down.

Whereas the price to come close to achieving $800 and seing charts the elevator is going up yet.

Now the price has been decreasing continuously. I believe the next increase would happen only when we were very close to the days of halving. Possibly halving surely gives a big profit.

[Icathia]

a price rise before the halving what will happen actually there will happen nothing because the halving does not affect the price or anything only the miners have problems with it.

[Lokfar]

a price rise before the halving what will happen actually there will happen nothing because the halving does not affect the price or anything only the miners have problems with it.

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? 
Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

[Qatuca]

a price rise before the halving what will happen actually there will happen nothing because the halving does not affect the price or anything only the miners have problems with it.

The halving will affect the cost of the newly minted coin, it will double the cost, so it will also affect the existing coins.

[clickerz]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? 
Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Agree with you since after halving, bitcoin rewards will be half. For example, miner gets 25 BTC for a block to mine before halving, now they will get only 12.5 BTC. So, if they get only half with same effort before halving,its possible that its not profitable anymore.Take note also that difficulty is also increasing. BUT, maybe there are also mining harware that is superfast... Lets see...

[Juhagic]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? 
Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Agree with you since after halving, bitcoin rewards will be half. For example, miner gets 25 BTC for a block to mine before halving, now they will get only 12.5 BTC. So, if they get only half with same effort before halving,its possible that its not profitable anymore.Take note also that difficulty is also increasing. BUT, maybe there are also mining harware that is superfast... Lets see...

I agree with you. Even if its halved, I still think it will be profitable for miners because I think the price will be more than the price before halving happen. If for example the new base price would be 800$ then it will still be profitable but if not then it isn't.

For the people who are not miners, it is better to just buy the bitcoin then to be the miners. They can earn more.

[DavidoAlto]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Miners have more coins then everyone else so they are the one who define the price (they won't sell if it's not profitable for them)  , beside ... logically Bitcoin price is based on Supply and demand , so It's impossible for the supply to get halved and the demand stays the same or rise and nothing at all happens to the price ...

I dont think there would happen allot because the prise is continues rising and you all dont know whatthe halfing means it does not affect the price of the bitcoin directly i think they only will affect the miners of the coins.

[DavidoAlto]

What will happen if there is no price rise for the halving i can tell you what will happen. The price of the bitcoin wont change anything cause the halving because it does not even affect the price only the bitcoin miners will feel something.

[martinacar]

At the moment the price is rising but if they was no price rising before the halving the price would still be somewhere around $500.
And then after the halving to price would go even lower, maybe somewhere around $300.

[fravia]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I think that answer is pretty simple, bitcoin would die, as all bitcoins miners wouldn't get any profit so they would leave their jobs

And with no miners bitcoin would die pretty soon, unless there will be new miners that have very cheap electricity and they still will get profit

[Juhagic]

At the moment the price is rising but if they was no price rising before the halving the price would still be somewhere around $500.
And then after the halving to price would go even lower, maybe somewhere around $300.

That is right. The price has already risen from $400 to $650 now. That is more than 50% rise in the last 6 months.

[ASHLIUSZ]

At the moment the price is rising but if they was no price rising before the halving the price would still be somewhere around $500.
And then after the halving to price would go even lower, maybe somewhere around $300.

That is right. The price has already risen from $400 to $650 now. That is more than 50% rise in the last 6 months.

It is unreasonable to expect a sharp price increase around the Halving as the event is anticipated.
the price of Bitcoin will surge or maintain its stability after the halving of miner's reward.

[cambda]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I think that answer is pretty simple, bitcoin would die, as all bitcoins miners wouldn't get any profit so they would leave their jobs

And with no miners bitcoin would die pretty soon, unless there will be new miners that have very cheap electricity and they still will get profit

Bitcoin will not die completely but price will definitely go low, and that will disappoint majority of users and they will prefer to sell their coins at what so ever price it is at that time.

[bitcoin-hunter]

There will happen nothing because the price of the bitcoin has nothing to do with the halving the halving is only for the people
who are mining becasue they need to search for the blocks and they are halving so they cant barrely mine further.

[Juhagic]

There will happen nothing because the price of the bitcoin has nothing to do with the halving the halving is only for the people
who are mining becasue they need to search for the blocks and they are halving so they cant barrely mine further.

If the supply of the new bitcoin is reduced, and if the demand is the same, all the bitcoin price will rise in the meantime.

[trickshot22]

At the moment the price is rising but if they was no price rising before the halving the price would still be somewhere around $500.
And then after the halving to price would go even lower, maybe somewhere around $300.

That is right. The price has already risen from $400 to $650 now. That is more than 50% rise in the last 6 months.

thats a really great thing in my opinion and i think that in the future the price is going to go up even further more up thus making us really big time really fast, lets hope im correct

well if there will be no price rise then there will be a lot of people pissed off that they invested their money expecting the price to grow and they have to sell their bitcoins for the same price or even lower

[BitcoinHodler]

nothing will happen even if there is no price rise after the halving.
some weak hands will be shaken out because they start to panic and price will fall a little and then because of this fall a lot of the whales will start buying bitcoin and then price will rise even more that it could rise if there were not fall.

[Juhagic]

nothing will happen even if there is no price rise after the halving.
some weak hands will be shaken out because they start to panic and price will fall a little and then because of this fall a lot of the whales will start buying bitcoin and then price will rise even more that it could rise if there were not fall.

Form the price action in the last few months, and we all know there will be a halving in July. It is already priced in.

[JumperX]

nothing will happen even if there is no price rise after the halving.
some weak hands will be shaken out because they start to panic and price will fall a little and then because of this fall a lot of the whales will start buying bitcoin and then price will rise even more that it could rise if there were not fall.

Yeah if price doesn't rise after halving then majority of users will get frustrated and will sell their coins, and long term holders will hold it for future as they are aware that they can earn higher profits in future.

[ebookscreator]

nothing will happen even if there is no price rise after the halving.
some weak hands will be shaken out because they start to panic and price will fall a little and then because of this fall a lot of the whales will start buying bitcoin and then price will rise even more that it could rise if there were not fall.

Yeah if price doesn't rise after halving then majority of users will get frustrated and will sell their coins, and long term holders will hold it for future as they are aware that they can earn higher profits in future.

Their will be still holding their coins because we will not see the price rise fast after block halving and i think it takes more weeks or months before you can see the price increase movements.

[bit1]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I think that answer is pretty simple, bitcoin would die, as all bitcoins miners wouldn't get any profit so they would leave their jobs

And with no miners bitcoin would die pretty soon, unless there will be new miners that have very cheap electricity and they still will get profit

Total network hashing rate has kept a trend up until now reaching about 1.53M Thash/s  but daily growth rate has kept down, even if the price keep the same and the reward decreases the energy efficiency will be increased to compensate for any waste of hashrate. In simple terms: less and more powerful miners.

[ASHLIUSZ]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I think that answer is pretty simple, bitcoin would die, as all bitcoins miners wouldn't get any profit so they would leave their jobs

And with no miners bitcoin would die pretty soon, unless there will be new miners that have very cheap electricity and they still will get profit

Total network hashing rate has kept a trend up until now reaching about 1.53M Thash/s  but daily growth rate has kept down, even if the price keep the same and the reward decreases the energy efficiency will be increased to compensate for any waste of hashrate. In simple terms: less and more powerful miners.

The most important thing is that even if the hashrate declines, it will not compromise the security of the Bitcoin network. As to the Bitcoin price, it surged close to 20 percent. This is an indication that the halving event is regarded as a good thing for the Bitcoin industry and it is positively impacting the market even before it takes place.

[Juhagic]

The most important thing is that even if the hashrate declines, it will not compromise the security of the Bitcoin network. As to the Bitcoin price, it surged close to 20 percent. This is an indication that the halving event is regarded as a good thing for the Bitcoin industry and it is positively impacting the market even before it takes place.

The hash rate will only drop about 10 to 20%. Then the hash rate will increase again due to more efficient miners.

[technol0gies]

then a lot of people like me would be really sad

[Cereberus]

then a lot of people like me would be really sad

Not for the ones that have not bought into it in the first place.
Alot of people are holding on to the coins that they currently have. But most are selling at a premium to try and cash in on it's speculative factor of this very same perfect storm.

[newcoins1978]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I do not know what is going to happen after that because that is something that only the future will tell us. At the moment I am waiting for the halving to come by and what the price is going to be after that.

[Juhagic]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I do not know what is going to happen after that because that is something that only the future will tell us. At the moment I am waiting for the halving to come by and what the price is going to be after that.

The price shall not rise in the next month also due to the halving. The price will rise due to other factors.

[helloeverybody]

then a lot of people like me would be really sad

Not for the ones that have not bought into it in the first place.
Alot of people are holding on to the coins that they currently have. But most are selling at a premium to try and cash in on it's speculative factor of this very same perfect storm.

Im still under the impression that a price drop wouldn't be too bad if they're are enough new people that are wanting to spend a bit of cash to invest in bitcoin.  Theres probably alot of people willing to get into bitcoin if the price dropped back down again.  The only question is how far would it have to drop before the majority of people would be happy to buy in.

[pearnapple]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I do not know what is going to happen after that because that is something that only the future will tell us. At the moment I am waiting for the halving to come by and what the price is going to be after that.

The price shall not rise in the next month also due to the halving. The price will rise due to other factors.

i think you are right but the price will also grow because of the halving event, in my opinion right now the only way is up, hopefully i will manage to make a lot of big money easily out of it

[bitdoger]

then a lot of people like me would be really sad

Not for the ones that have not bought into it in the first place.
Alot of people are holding on to the coins that they currently have. But most are selling at a premium to try and cash in on it's speculative factor of this very same perfect storm.

Im still under the impression that a price drop wouldn't be too bad if they're are enough new people that are wanting to spend a bit of cash to invest in bitcoin.  Theres probably alot of people willing to get into bitcoin if the price dropped back down again.  The only question is how far would it have to drop before the majority of people would be happy to buy in.

yes agree if price drop BTC  wouldn't be bad but wich category of traders? if he/she is new in btc Business yes for this person if price will dumped is good but if someone is holded his btc  for him it is not good way make proffit

[Iceborn]

If there is not such a price rise before the halving it is not bad because the halving wont affect the price allot because the halving only is for
the blocks where miners search for and not the price where we fighting for.

[bitcoin-hunter]

A lot of people will most likely be disappointed and sell the bitcoin but I will hold my faith the bitcoin is still a very good investment in my eyes.
Some people only invested into the bitcoin for the profit and the halving..

[Fordsmith]

If price no rise just hold, depend you want to dump or not I believe bitcoin price will rebound and miners won't stop mining unless earth was hit by thousand of asteroids or aliens invasion.

[HarryKPeters]

If price no rise just hold, depend you want to dump or not I believe bitcoin price will rebound and miners won't stop mining unless earth was hit by thousand of asteroids or aliens invasion.

No price rise, means miners make loss and stop, so the amount of miners will decrease, so wil the network hashing rate.
Thus the difficulty goes down and miners can mine more bitcoins and earn again. The mechanism correct this kind of behavous.

[Nimbulan]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I do not know what is going to happen after that because that is something that only the future will tell us. At the moment I am waiting for the halving to come by and what the price is going to be after that.

The price shall not rise in the next month also due to the halving. The price will rise due to other factors.

i think the block reward halving will be the main factorwhy the price is going to jump, it will surely attract a lot of new investors to bitcoin and it will become a really big thing in my opinion

[Recordura]

i think the block reward halving will be the main factorwhy the price is going to jump

https://s31.postimg.org/kwaws07mj/Capture.gif

[1Referee]

If the price doesnt rise then the miners stop mining because of  lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening?  Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

I do not know what is going to happen after that because that is something that only the future will tell us. At the moment I am waiting for the halving to come by and what the price is going to be after that.

The price shall not rise in the next month also due to the halving. The price will rise due to other factors.

i think the block reward halving will be the main factorwhy the price is going to jump, it will surely attract a lot of new investors to bitcoin and it will become a really big thing in my opinion

There are less than 4 days till we reach the day the halving takes place. So far the market remains fairly calm. I expected a bit more volatility in the last days before the halving. Perhaps that it will still come.

[greatr]

then a lot of people like me would be really sad

Not for the ones that have not bought into it in the first place.
Alot of people are holding on to the coins that they currently have. But most are selling at a premium to try and cash in on it's speculative factor of this very same perfect storm.

yeah, i think all the people who are with bitcoins would be really sad if theprice will not increase, it would be a huge problem if it started dropping as a lot of people would just quit then

[hermanhs09]

Well, it wouldn't really matter for me because I hold BTC and I don't particularly mind my bitcoins to be at a stable value or so. However, i'd say that there will be at least a small price rise after the halving.

It might not be a very big one, but there will be price hikes.

[cryptfox]

From my experience in bitcoin...

Trust to no one. Everybody here lies.

No, not here but whole internet lies

[Bitcoinsummoner]

From my experience in bitcoin...

Trust to no one. Everybody here lies.

No, not here but whole internet lies

There is no lies here its all about speculation and i think there is no bad to speculate we dont know what will be the price after block halving the price is relaying for demand and supply..

[cryptfox]

From my experience in bitcoin...

Trust to no one. Everybody here lies.

No, not here but whole internet lies

There is no lies here its all about speculation and i think there is no bad to speculate we dont know what will be the price after block halving the price is relaying for demand and supply..

Yes I know,I just making fun.
Nobody will know what will happen, just hold and watch the market make own decisions whether want to sell or not, for me if no rise I will just hold there are nothing to lose I believe bitcoin in long-term investment.

[Juhagic]

From my experience in bitcoin...

Trust to no one. Everybody here lies.

No, not here but whole internet lies

There is no lies here its all about speculation and i think there is no bad to speculate we dont know what will be the price after block halving the price is relaying for demand and supply..

Yes I know,I just making fun.
Nobody will know what will happen, just hold and watch the market make own decisions whether want to sell or not, for me if no rise I will just hold there are nothing to lose I believe bitcoin in long-term investment.

I will just hold my coins tight. If the price double every year, I will not sell as that is just the normal price.

[amaclin]

I will just hold my coins tight. If the price double every year, I will not sell as that is just the normal price.

If not? 

[Ludwish]

I will just hold my coins tight. If the price double every year, I will not sell as that is just the normal price.

If not? 

I think the bitcoin price will rise in the long term. It could be between 10 to 1000% every year. Nobody knows exactly.

[Juhagic]

That is quite big range. But it could be due to the fact that the bitcoin price is too volatile in the past.

[Ludwish]

That is quite big range. But it could be due to the fact that the bitcoin price is too volatile in the past.

The bitcoin price is always volatile. The recent price drop is due to the big hack happening in the Bitfinex.