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Author Topic: What will happen with the Bitcoin price after the halving on 07-17-2016?  (Read 2273 times)
pumz
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January 14, 2016, 10:33:10 PM
 #21

After the halving of block there must be some huge rises in price.I will say at least 700 $ will be seen because everyone knows production will remain half of Bitcoin so automatic increase is sure.
AliceWonderMiscreations
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January 14, 2016, 11:22:52 PM
 #22

It is going to go up a few weeks before the halving based on speculation and then it will go down when it doesn't skyrocket and it will end up not being that big of an overall impact.

But I'm often wrong about these things.

I hereby reserve the right to sometimes be wrong
K128kevin2
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January 15, 2016, 12:20:11 AM
 #23

What do you thing will happen with the price,
after the halving of the Bitcoin Block Reward in 185 days from 3,600 BTC per day to 1,800 BTC per day?

The price must increase massively or not?


To be honest I don't think it will have much of an effect on the price of bitcoin. It may gradually cause prices to rise leading up to that date, but I don't think it will cause a sudden spike or anything. It's something that every can see is going to happen. It's not taking anybody by surprise or anything.
snortex
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January 15, 2016, 03:13:09 AM
Last edit: January 15, 2016, 04:06:11 AM by snortex
 #24

The price will be hyped by incoming halving well before the halving will actually happen. In March-May I think.
After the halving happens the price will not increase and very likely drop.
Of course it will grow again in end of 2016.

I never lose. Either I win or I learn.
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January 15, 2016, 04:40:13 AM
 #25

Since mining decide the lowest possible cost to acquire bitcoin, if the mining cost goes up due to reduced coin generation, then the cost of bitcoin will go up. In that case, those capitals who are using mining to acquire bitcoin today will switch to using exchanges, thus push the exchange rate up until it get close to mining cost, then fall back to mining again. The reason that the mining difficulty continuously shoot up means capitals are still entering mining industry every month, demand is still rising

The effect of reward halving is similar to a sudden 100% jump in difficulty, thus the mining income of all miners are cut by half in one day. Hobby miners and miners with electricity included in rent will not be affected since they don't have any operational cost, but industry miner will be more heavily impacted. Bitfury once stopped their mining operation when the value went below $300. But typically, when they push out a new generation of chips, the mining efficiency can increase 4-8x, so a 2x increase in difficulty is well under their future profit ability

Market wise we will see reduced coin sell pressure every day, but since majority of the coins are hold by the miners, e.g. they sell only hundreds of coins per day, so a reward halving will reduce the sell pressure by a couple of hundred coins, not a lot


manis
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January 15, 2016, 07:26:53 AM
 #26

The price will be hyped by incoming halving well before the halving will actually happen. In March-May I think.
After the halving happens the price will not increase and very likely drop.
Of course it will grow again in end of 2016.

The halving effect has probably been incorporated already.  Wink
Why would anybody wait till March, if they think the price is going to go up around that time.
Glucose
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March 23, 2016, 03:50:49 PM
 #27

The price will be hyped by incoming halving well before the halving will actually happen. In March-May I think.
After the halving happens the price will not increase and very likely drop.
Of course it will grow again in end of 2016.

The halving effect has probably been incorporated already.  Wink
Why would anybody wait till March, if they think the price is going to go up around that time.

Because that's how it works Cheesy

You can look at Litecoin last halving if you want to know what will happen.
mrhelpful
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March 23, 2016, 06:20:01 PM
 #28

Since mining decide the lowest possible cost to acquire bitcoin, if the mining cost goes up due to reduced coin generation, then the cost of bitcoin will go up. In that case, those capitals who are using mining to acquire bitcoin today will switch to using exchanges, thus push the exchange rate up until it get close to mining cost, then fall back to mining again. The reason that the mining difficulty continuously shoot up means capitals are still entering mining industry every month, demand is still rising

The effect of reward halving is similar to a sudden 100% jump in difficulty, thus the mining income of all miners are cut by half in one day. Hobby miners and miners with electricity included in rent will not be affected since they don't have any operational cost, but industry miner will be more heavily impacted. Bitfury once stopped their mining operation when the value went below $300. But typically, when they push out a new generation of chips, the mining efficiency can increase 4-8x, so a 2x increase in difficulty is well under their future profit ability

Market wise we will see reduced coin sell pressure every day, but since majority of the coins are hold by the miners, e.g. they sell only hundreds of coins per day, so a reward halving will reduce the sell pressure by a couple of hundred coins, not a lot



This is a pretty good indicator on if the prices after the halving or not if someone wants to trade bitcoin.

If you see the main suppliers of mining increase their price, it should mean the value will be very bullish.
ultimatesky
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March 23, 2016, 07:17:20 PM
 #29

The price will be hyped by incoming halving well before the halving will actually happen. In March-May I think.
After the halving happens the price will not increase and very likely drop.
Of course it will grow again in end of 2016.

I'm thinking the opposite if I'm honest I think the price will rise after the halving but its not to predict these days.
Because maybe it will even go up before the halving, I think it will drop before the halving and than rise to a higher amount.
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March 23, 2016, 07:55:01 PM
 #30

You know despite everyone being a nutt on halving and always talking about it what it would do to price.

What would suck is if one of the major exchanges were to shut down that day because of too many buy orders or sell orders to process lol.

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March 23, 2016, 08:00:16 PM
 #31

What do you thing will happen with the price,
after the halving of the Bitcoin Block Reward in 185 days from 3,600 BTC per day to 1,800 BTC per day?

The price must increase massively or not?


We can't know for sure what will happen, but if the price does not change then i think that there will be a panic selling time when people didn't see the big jump and will quit, another scenario is a price increase at least $100+
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March 23, 2016, 08:10:15 PM
 #32

With the halving the price gonna increase but the essential question is what is the top? I think near 600$ but i will not be surprised if it broke 1k$  Smiley

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March 23, 2016, 09:50:01 PM
 #33

The price will go up and down as people buy and sell. The market will correct itself after big swings either way. But generally I think the trend will be up weeks to months after the actual halving event.
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March 23, 2016, 11:03:29 PM
 #34

Most likely it will go to a higher amount although this is not sure of course because the bitcoin is not to predict.
In the most predictions its gonna rise so that is a good sign and I also hope it will so we all can make some profit by the halving.
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March 24, 2016, 04:16:42 AM
 #35

the prices should be rise up after halving as expect many people but we are pretty close day by day to the halving but till today bitcoin prices seems stuck on $415 or below and i wish after halving bitcoin prices will increases $500 above
pooya87
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March 24, 2016, 05:10:41 AM
 #36

the potential for a big rise is there, but the initiative for the rise is not yet created.

this initiative can be a good news like regulation in a big country or block size or it can be another willy bot

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