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newcoins1978
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July 05, 2016, 09:08:10 AM |
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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.
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. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
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Juhagic
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July 05, 2016, 09:47:13 AM |
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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.
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. |
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helloeverybody (OP)
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Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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July 05, 2016, 12:11:58 PM |
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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. |
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pearnapple
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Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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July 05, 2016, 12:30:58 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.
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 |
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bitdoger
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July 05, 2016, 12:43:20 PM |
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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 |
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Iceborn
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July 05, 2016, 02:53:12 PM |
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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.
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bitcoin-hunter
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July 05, 2016, 07:51:47 PM |
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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..
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Fordsmith
Member
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Activity: 60
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July 05, 2016, 08:08:27 PM
Last edit: July 05, 2016, 08:23:35 PM by Fordsmith |
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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.
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HarryKPeters
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July 05, 2016, 10:47:10 PM |
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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. |
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Nimbulan
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July 05, 2016, 10:59:30 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.
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 |
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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July 05, 2016, 11:21:25 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.
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. |
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greatr
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July 05, 2016, 11:40:55 PM |
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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 |
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hermanhs09
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July 06, 2016, 12:41:06 AM |
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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.
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cryptfox
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July 06, 2016, 04:39:04 PM |
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From my experience in bitcoin... Trust to no one. Everybody here lies. No, not here but whole internet lies |
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Bitcoinsummoner
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July 06, 2016, 04:55:48 PM |
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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.. |
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cryptfox
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July 06, 2016, 05:25:14 PM |
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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. |
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Juhagic
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July 12, 2016, 07:57:21 AM |
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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. |
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amaclin
Legendary
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Activity: 1260
Merit: 1019
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July 12, 2016, 01:48:24 PM |
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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?  |
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Ludwish
Newbie
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Activity: 70
Merit: 0
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July 17, 2016, 08:11:07 PM |
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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. |
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