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

[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...

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[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...?