yellowcat1771 (OP)
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February 14, 2016, 04:16:33 AM |
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I know that bitcoin blocks are going to be halved to 12.5 next summer.
so how will this affect the price?
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fuathan
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February 14, 2016, 04:21:18 AM |
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It is gonna moon!.. But some says that BTC already has priced the halving and halving will not affect the price...
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AliceWonderMiscreations
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February 14, 2016, 04:22:29 AM |
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I know that bitcoin blocks are going to be halved to 12.5 next summer.
so how will this affect the price?
I don't think it really will effect the price very much. Everyone knows it is going to happen, and have known for years. Just like we know approximately when it will halve again.
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I hereby reserve the right to sometimes be wrong
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alesx.onfire
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February 14, 2016, 04:29:23 AM |
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Thinking in future of BTC is a bit depressing..
Obviusly It will impact direct to the price: Up or Down, who knows?
I'm just waiting "Stability", (to attract "big players")
Aynway.... there's 150 days left, and we will see.
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jacktheking
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February 14, 2016, 04:32:46 AM |
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Most probably the price of Bitcoin will increase. However, things might go a different way too. Just like how people predict that Black Friday 2015 will make Bitcoin price decrease but it turn out that Bitcoin price shoot up a lot. Personally, I believe that the Bitcoin price will increase after the halving. Maybe 50% or so after a month or so. I am not a good speculator.
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So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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JosNekoKopa
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February 14, 2016, 02:25:11 PM |
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Most probably the price of Bitcoin will increase. However, things might go a different way too. Just like how people predict that Black Friday 2015 will make Bitcoin price decrease but it turn out that Bitcoin price shoot up a lot. Personally, I believe that the Bitcoin price will increase after the halving. Maybe 50% or so after a month or so. I am not a good speculator.
But what if whales decide to take advantage and dump first? Price could be back at 200$? I mean it is alway how you did not expected. If i see this i know i will buy for sure! .
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traderbit
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February 14, 2016, 02:26:00 PM |
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I know that bitcoin blocks are going to be halved to 12.5 next summer.
so how will this affect the price?
It's already a similar thread about bitcoin halving, anyway i think that it will have it effect to affect directly the bitcoin price maybe by doubling it.
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stoat
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February 14, 2016, 02:31:15 PM |
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It will be a big fat nothing. Chinese miners will go bust.
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lister storm
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February 14, 2016, 02:33:23 PM |
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it will most probably push the price significantly up, i cant wait for this even in order to make some money and speculate about the price
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traderbit
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February 14, 2016, 02:35:28 PM |
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it will most probably push the price significantly up, i cant wait for this even in order to make some money and speculate about the price
I have a feeling that the price will be pumped hard before the halving period like the litecoin in the past which is known as panic buying.
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randy8777
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February 14, 2016, 02:46:37 PM |
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i do believe that we will see the price getting pumped up to around $600-$700 before the block halving. if there is enough panic among buyers and wealthy traders that want to create massive buy walls to support the price then i think we may even go higher than $700. it's just a guess and maybe the price will move in the opposite direction and people will sell like there is no tomorrow. that's also a possible scenario. bitcoin is full of surprises.
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~Bitcoin~
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February 14, 2016, 03:30:36 PM |
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I know that bitcoin blocks are going to be halved to 12.5 next summer.
so how will this affect the price?
I don't think it really will effect the price very much. Everyone knows it is going to happen, and have known for years. Just like we know approximately when it will halve again. halving will certainly effect bitcoin price not due to people holding hoping for price rise after halving but due to holding of coin by miners to sell high to recover their cost on mining it.
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vendetahome
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February 15, 2016, 04:49:38 PM |
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it will double rice, so price might be 800$, or of course it can change nothing, maybe a few dollars up or down
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LFC_Bitcoin
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February 15, 2016, 04:55:41 PM |
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The price will rise, I don't think anybody can predict how much with any conviction though.
Now that Bitcoin Classic seems to be another failed experiment though the brakes have been taken off with regards to the possibility of a good price increase.
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Amph
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February 15, 2016, 05:03:14 PM |
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the diff will affect the price, the diff is increasing again because there was a pump from 2xx to 400
now the diff is skyrocketing and miners are almost in the same situation they were when the price was 2xx, so before the halving there is the need of another increase
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BellaBitBit
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February 15, 2016, 05:05:37 PM |
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I expect a gradual rise prior to halving, then a sharper rise right before, then a fall and correction. Who really knows though?
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I love Bitcoin
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avw1982
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February 15, 2016, 08:07:17 PM |
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it will double rice, so price might be 800$, or of course it can change nothing, maybe a few dollars up or down
Same I as I think your answer is, Even I am expecting same thing in block halving not only me many speculations also telling the same thing. Maximum price is up to 1200$ So just for that and start to save your bitcoins.
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richardsNY
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February 15, 2016, 08:20:58 PM |
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I expect a gradual rise prior to halving, then a sharper rise right before, then a fall and correction. Who really knows though?
I think exactly the same. I think if you buy now or have bought at lower price levels, then it's a great moment to take profits 1 day before the block halving and maybe buy back just after the halving when the price is being dumped to the ground.
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jod_doj
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February 15, 2016, 08:25:07 PM |
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it is very hard to predict how the price will be affected but in my opinion bitcoin price will go up at the time of the halving
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Alley
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February 15, 2016, 08:31:48 PM |
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It depends if the miners are willing to sell there new daily supply of coins cut in half for $400 still.
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