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Author Topic: Everyone is hyping about bitcoin price in 2016  (Read 10613 times)
23dzmaz
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March 27, 2016, 03:30:06 PM
 #141

I think everyone is hyping because halving is coming. And many people predict the price of bitcoin increase in 2016 because of halving. and i hope it happen too.
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March 27, 2016, 03:33:39 PM
 #142

yeah everyone is hyping about bitcoin halving
but honestly, I feel so so. I can only pray and hope for the best in the 2016
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March 27, 2016, 03:36:34 PM
 #143

I am stocking up now. 2016 is going to be the year that BTC comes back to the thousands $ in price.
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March 27, 2016, 03:37:07 PM
 #144

I think a lot of miners will turn off and difficulty will drop. Especially those, who are already running with very little ROI. Price might go up a bit, but I don't think we will see a doubling. I would place some buy orders around 250 for the dump after people realize they didn't double up.
Yes this is scenario i also trying to understand and to imagine.
People are weak and panic can be triggered within seconds, this is why trade is not for all people. I think price of mining will determine next realistic price for a longer time, because miners won't sell under and investors wont buy much over that price.
What is price of mining now? Real price?

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March 28, 2016, 08:01:55 AM
 #145

I think a lot of miners will turn off and difficulty will drop. Especially those, who are already running with very little ROI. Price might go up a bit, but I don't think we will see a doubling. I would place some buy orders around 250 for the dump after people realize they didn't double up.
Yes this is scenario i also trying to understand and to imagine.
People are weak and panic can be triggered within seconds, this is why trade is not for all people. I think price of mining will determine next realistic price for a longer time, because miners won't sell under and investors wont buy much over that price.
What is price of mining now? Real price?


It mostly depends on where you are mining. Miners in most parts of Europe are paying way more fiat for electricity, than for example the hordes of Chinese miners. They also have the advantage of cheaper hardware, lower cost of rent, salaries etc.

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March 28, 2016, 03:15:40 PM
 #146

Ok for example Chinese, i meant to say lowest mining price, approcimatly, does not need exact number.. 300, 400$? And when you know is this number higher than actual price, and what will be mining price after having...All This can help you to know to understand where we are heading.

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March 28, 2016, 03:24:49 PM
 #147

the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low

If 0.1% of Wall Street money comes to bitcoin and other digital coins, the price of bitcoin will sky rocket.
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March 28, 2016, 03:27:11 PM
 #148

Everyone is hyping about the price because of the halving. However, I believe that the market already corrected itself and we probably won't see such a big advancement in the price...
And many people will be disappointed. But this is not first and probably not last time we see pump and dumps. Hype is created not because bitcoin will suddenly become rare or mining will become become double expensive, simple whales want more money, and they will pump it.

I thinking the same thing might really happen, big pump because of people expectations price is going to rise after halving, and dump when price almost reach 1K. But it is just speculation, I just taking popcorn and keeping Bitcoins in cold wallet - playing it safe as always  Cool

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March 28, 2016, 03:52:31 PM
 #149

Ok for example Chinese, i meant to say lowest mining price, approcimatly, does not need exact number.. 300, 400$? And when you know is this number higher than actual price, and what will be mining price after having...All This can help you to know to understand where we are heading.

Most likely scenario is that many will stop mining as profit in terms of BTC will certainly go down. There's no guarantee than the price will go up twofold to maintain profitability and even if there's an attempt to manipulate the market I think it's going to be smashed by profit taking.

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March 28, 2016, 03:53:10 PM
 #150

Nobody can really know what will happen after the halving, it has the same chance of going up then it does of going down.

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March 28, 2016, 03:56:19 PM
 #151

Nobody can really know what will happen after the halving, it has the same chance of going up then it does of going down.
Is just a nature of bitcoin if we will see that the price will increase after halving until 600 i think some traders will dump their bitcoins and it will decrease again but they will buy again because of price decreasing.. until the price will increase untill 800  usd and it will stable back again i think in 700 usd..

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March 28, 2016, 04:03:07 PM
 #152

Nobody can really know what will happen after the halving, it has the same chance of going up then it does of going down.
The only hope for price rise is pump generated mainly by miners in anticipation of their loses after block reward will be halved.
They might create short time bubble and people will act like this is factual price rise caused by halving.
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March 28, 2016, 04:22:08 PM
 #153

Nobody can really know what will happen after the halving, it has the same chance of going up then it does of going down.
The only hope for price rise is pump generated mainly by miners in anticipation of their loses after block reward will be halved.
They might create short time bubble and people will act like this is factual price rise caused by halving.

I think the price rise will last for few days only and then again back to normal.
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March 28, 2016, 04:57:58 PM
 #154

Nobody can really know what will happen after the halving, it has the same chance of going up then it does of going down.
The only hope for price rise is pump generated mainly by miners in anticipation of their loses after block reward will be halved.
They might create short time bubble and people will act like this is factual price rise caused by halving.

I think the price rise will last for few days only and then again back to normal.
We have not seen any significant movement yet.
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March 28, 2016, 05:04:21 PM
 #155

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
last year people start talking about "2016 is year of bitcoins" so many people talk about that,they look very sure bitcoin price will raise up so high this year,but after 3 month in 2016,i dont see any massive price movement,just impatience to wait block halving,what will happen Huh
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March 29, 2016, 10:09:32 AM
 #156

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
last year people start talking about "2016 is year of bitcoins" so many people talk about that,they look very sure bitcoin price will raise up so high this year,but after 3 month in 2016,i dont see any massive price movement,just impatience to wait block halving,what will happen Huh
Given the current situation, it'll most likely crash and recover in 2017.
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March 29, 2016, 01:12:20 PM
 #157

the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low
$800 is a huge value? I do not think so. When halving occurs, the demand for bitcoin will fly, which makes bitcoins more popular to induce more new users get into board for buying more bitcoins. So, we're going to see new all-time high price.

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March 29, 2016, 01:50:11 PM
 #158

the halving should have an opposite effect if my understanding how the bitcoin market is correct, basically the halving would mean less incoming new supply of coins leading to an increase of value of already existing coins. the halving might have a negative effect on miners and there numbers though.

If the price of bitcoin doubles, the net effect on the bitcoin will be neutral. If the difficulty rises as fast as recent ones, it will be bad for miners.

Low chanse of price doubling cause it's really huge value 800$. It's possible only after halving but also chanse is so low
$800 is a huge value? I do not think so. When halving occurs, the demand for bitcoin will fly, which makes bitcoins more popular to induce more new users get into board for buying more bitcoins. So, we're going to see new all-time high price.

We should be more realistic, price after halving will not exceed 700 USD at best and it will be in 600-700 USD range which is very good in my point of view, but in a more idealistic view I agree with you.
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March 29, 2016, 02:14:50 PM
 #159

We all dont know what the Bitcoin price will be in 2016 and that is the problem, we all hope of course that the value will rise in the future and that we can have some profit.
But it is indeed very hard to predict because you never know what will happen with the value in the future and that is very risky and bad.
So you should take risks when you are going to sell or buy it.
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March 29, 2016, 02:36:34 PM
 #160

This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?
last year people start talking about "2016 is year of bitcoins" so many people talk about that,they look very sure bitcoin price will raise up so high this year,but after 3 month in 2016,i dont see any massive price movement,just impatience to wait block halving,what will happen Huh
Given the current situation, it'll most likely crash and recover in 2017.
I think people began to fear if halving given't effect on the price of bitcoin so their speculation would be a nonsense.
I feel sorry for someone who has bought a lot of bitcoin. if this does not happen
but even so I hope it happens


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