why people excited for halving block reward?

[bitcoinboy12]

Im just wondering that some people telling that halving is over but according to this website http://www.bitcoinblockhalf.com/
199 days before halving is over.

I dont really understand that some people saying if bitcoin halving is over the price will increase but according to the website above "the coin reward will decrease from 25 to 12.5 coins."

Which is true?
-the price should increase after halving is over or it will increase?

[ivanst776]

Im just wondering that some people telling that halving is over but according to this website http://www.bitcoinblockhalf.com/
199 days before halving is over.

I dont really understand that some people saying if bitcoin halving is over the price will increase but according to the website above "the coin reward will decrease from 25 to 12.5 coins."

Which is true?
-the price should increase after halving is over or it will increase?

The number of bitcoins will not stopped by that time, it still be reward but the trend will be 50% less.
Price should normally increased because less coins available and if there will be more buy orders price will be increased for sure.

[angryrob]

because they thinks price of bitcoin will increase when it happens, it will reduce supply of bitcoin and impact ROI for mining that will increase its price.

[helloeverybody]

theres nothing to say that price will increase but obviously there are a lot of hopeful people. For all we know the price has already been factored in already. Price after halfing is to be determined by how much miners are happy to sell for and how much people are actually willing to pay for said bitcoin.

[bitcoinboy12]

Im just wondering that some people telling that halving is over but according to this website http://www.bitcoinblockhalf.com/
199 days before halving is over.

I dont really understand that some people saying if bitcoin halving is over the price will increase but according to the website above "the coin reward will decrease from 25 to 12.5 coins."

Which is true?
-the price should increase after halving is over or it will increase?

The number of bitcoins will not stopped by that time, it still be reward but the trend will be 50% less.
Price should normally increased because less coins available and if there will be more buy orders price will be increased for sure.

because they thinks price of bitcoin will increase when it happens, it will reduce supply of bitcoin and impact ROI for mining that will increase its price.

Now i understand a little bit thats why mining is not profitable for now
and then the price is increasing because of less supply of bitcoins And also if more buyers order the price should be increase
.
Now i understand if halving is over it will reduce supply and Mining ROI that will increase bitcoin price..
So if its happens the mining will be profitable? Am i right?

[Amph]

because they thinks price of bitcoin will increase when it happens, it will reduce supply of bitcoin and impact ROI for mining that will increase its price.

let's be more precise here, the supply mined, otherwise called "coins produced per day" will decrease, because the total supply will always increase until the fee era

they think that the pressure will be less, which mean less dumping, but what if miner are only dumping 1800 coins now or less? nothing would really change in this case

[pattu1]

If the price of bitcoin is expected to increase after the block reward halving, people will start buying it before hand.
This will cause the price to move up much before the halving.
How long before - nobody can say.

[Dux2K]

Price will go up for start and people will try to buy it for sure and wait for some big jump

[gentlemand]

Because they get less compensation for all their hard work? Humans are more perverse than we like to think.

[1Referee]

Less new coins minted means it is likely to see the price go up as form of compensation for the lower block rewards. The price increase will start before the halving has taken place.

[KenR]

They all are pretty much excited over the prices of bitcoin rising during the halving period.As there is not much supply ,the demand increases ,so only way to fulfill this demand is by selling the existing bitcoins which people will sell only if they get a expected price,usually higher than the normal rates.

[Arcteryx]

They need to get excited about something bitcoins price is lackluster coming into the new year. Not moving much either way. It is quite boring to say the least. Some movement would be welcome at this point.  

[boopy265420]

People are excited for halving of block because then mining cost will be increased and we all know mining is necessary for blockchain to secure nad maintain it.Increase in cost meaning a rise in price of the Bitcoin.Then price should be above 400 $ anyway so this shows another increase when this will be bottom.

[newcripto]

Halving of blocks surely will have its impact on the price.I see it other way,this will bring stability in price even there will be no rise of what people are waiting for long time.I think same current price will be minimum after that.

[jtalk]

People are excited because there will be a significant rise in price and it is quite possible to see price at around 600-700 $ after the process of halving will be done.

[uki]

Halving is overhyped by many, who expect the price to increase due to the cut in half the supply of newly mined coins.
The block reward is still high enough to make the halving still significant. Each following halving event should have less impact though.

[ivanst776]

Im just wondering that some people telling that halving is over but according to this website http://www.bitcoinblockhalf.com/
199 days before halving is over.

I dont really understand that some people saying if bitcoin halving is over the price will increase but according to the website above "the coin reward will decrease from 25 to 12.5 coins."

Which is true?
-the price should increase after halving is over or it will increase?

The number of bitcoins will not stopped by that time, it still be reward but the trend will be 50% less.
Price should normally increased because less coins available and if there will be more buy orders price will be increased for sure.

because they thinks price of bitcoin will increase when it happens, it will reduce supply of bitcoin and impact ROI for mining that will increase its price.

Now i understand a little bit thats why mining is not profitable for now
and then the price is increasing because of less supply of bitcoins And also if more buyers order the price should be increase
.
Now i understand if halving is over it will reduce supply and Mining ROI that will increase bitcoin price..
So if its happens the mining will be profitable? Am i right?

If the block reward is 50% less and bitcoin price will be doubled +100%
Then there is the same earnings for the miners (in fiat), that's why increasing the bitcoin price will be good for everyone.

[mobnepal]

The currenct price is quite not profitable for small scale miners but some large mining company things the level of 450 to 500 is profitable.
So i don't like to predict high price like other predict it to cross over 1k or even new ATH.
We may see price to around 600-700$ before and at the time of halving. Don't expect too high price.

[uki]

If the block reward is 50% less and bitcoin price will be doubled +100%
Then there is the same earnings for the miners (in fiat), that's why increasing the bitcoin price will be good for everyone.

the relation is not that straight forward. much depends on the demand. If there is no demand, no matter whether you mine 1 or 2 coins in a block, as no one is interested in buying it.

[indiemax]

Price will go up for start and people will try to buy it for sure and wait for some big jump dump

think that sounds more like it