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asrilani
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March 10, 2016, 03:29:12 PM |
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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 $220, some miners, particularly those who are not based in cheap electricity zones will have a hard time, but mining in general won't care that much.
Well only the miners who were getting less profit because of increased power consumption charge will be affected badly rather than other miners. Such miners can decrease there production else they can't manage. In a year or two, the only miner can operate are the ones that have cheap electricity. The difference between mining efficiency will be minimal. |
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NeuroticFish
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March 10, 2016, 03:37:04 PM |
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If the price doesnt rise then the miners stop mining because of lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.
It depends a lot of what will happen until the halving. A lot of voices tell that Bitcoin is under valuated even now. If you remember, Bitcoin was 250$ 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. |
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john2231
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March 10, 2016, 03:45:50 PM |
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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,.
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bitlancr
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March 10, 2016, 04:23:33 PM |
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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. |
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GermanFoobla
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March 10, 2016, 06:36:44 PM |
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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.
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helloeverybody (OP)
Legendary
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Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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March 10, 2016, 06:38:22 PM |
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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). |
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n0ne
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March 11, 2016, 08:12:40 AM |
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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.
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LarryHocks
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March 11, 2016, 08:40:01 AM |
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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. |
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doublemore
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March 11, 2016, 09:05:01 AM |
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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.
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phreaky
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March 11, 2016, 09:33:16 AM |
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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. |
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Nextgen
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March 11, 2016, 12:17:28 PM |
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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. |
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CryptoBjorn
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March 11, 2016, 02:46:22 PM |
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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. |
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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March 11, 2016, 02:55:49 PM |
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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 |
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newcoins1978
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March 11, 2016, 03:01:50 PM |
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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. |
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quadriple7
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March 11, 2016, 03:36:23 PM |
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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 |
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maokoto
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March 11, 2016, 03:51:20 PM |
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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.
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asrilani
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March 27, 2016, 08:36:08 AM |
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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. |
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armansolis593
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March 27, 2016, 08:57:56 AM |
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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. |
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ranochigo
Legendary
Offline
Activity: 2954
Merit: 4166
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March 27, 2016, 09:01:24 AM |
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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. |
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Amph
Legendary
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Activity: 3206
Merit: 1069
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March 27, 2016, 09:35:30 AM |
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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? |
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