Halving is a profitable???

[Capitascism]

People especially those who have deeper knowledge how exchange works can expect to earn money but i believe here on this forum we only have several professional traders, rest are just followers, and we cannot expect that will everyone become rich in this game!

[MedaR]

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1) Elaborate; what do you mean by 'mining price'?

Price that you must pay for electricity and maintenance, and when you sum all this, you get mining price. This price can determine minimum price for bitcoin, so miners won't sell under this price.

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3) I would say that it is the media who has the most influence over the general population.

Whales are controlling price, and media's can only contribute effects.
If they talking negatively you know dump, else pump is in this case.

[gkv9]

Yes it is, because it is already priced in and Bitcoins are now at double the price they were at...
Not just that, but we are to see some extremely volatile situations as and when it will take place, I mean the moment we see rewards start coming as BTC12.5, there will be a huge liquidity being seen in the markets...

[senyorito123]

Yes it is, because it is already priced in and Bitcoins are now at double the price they were at...
Not just that, but we are to see some extremely volatile situations as and when it will take place, I mean the moment we see rewards start coming as BTC12.5, there will be a huge liquidity being seen in the markets...

Yes by that the price of bitcoin is going to up and if you save your bitcoin now you will get high profit for the halving event and were very sure halving is good move and update for bitcoin industry.

[Lauda]

Price that you must pay for electricity and maintenance, and when you sum all this, you get mining price. This price can determine minimum price for bitcoin, so miners won't sell under this price.

Well obviously you can't get a number that would apply to everyone. You can do the calculations yourself for a specific region or hardware, however I don't see the importance of knowing this.

Whales are controlling price, and media's can only contribute effects.

Not necessarily. Do you have the data to back this up?

Yes it is, because it is already priced in and Bitcoins are now at double the price they were at...

Yes, they are at 1/3 the price that they were at in 2013. There is nothing that suggests that 'it is already priced in'. If anything, there are reports that state that Bitcoin is undervalued.

Actually halving does not mean necessary raise in price.

I concur.

[thejaytiesto]

The psychological hype for the halving is positive, everyone thinks the price will go up, and this will be what will make the price go to the moon... never underestimate the power of psychology in markets. And beside the psychological factor we also have the actual facts: Bitcoin is only getting better and LN and sidechains are coming soon along with a lot of other great BIPs and implementations = moon time.

[Mr.grin]

The psychological hype for the halving is positive, everyone thinks the price will go up, and this will be what will make the price go to the moon... never underestimate the power of psychology in markets. And beside the psychological factor we also have the actual facts: Bitcoin is only getting better and LN and sidechains are coming soon along with a lot of other great BIPs and implementations = moon time.

Well, maybe all bitcoin users wait halving occurs, it may be true, at the time of halving occurs bitcoin prices rise rapidly, thus making a profit, I am also waiting for the moment the price of bitcoin to moon

[Betwrong]

If you mean that the price of Bitcoin will rise after halving, then yes, it is profitable. I personally think that the rising has already begun when Bitcoin was $260 and that's why I think that after halving it will be a bit over $500. Of course for those who hold Bitcoins it will be profitable, for others ... it doesn't matter. To buy Bitcoin after it hits $500 still will be a good thing to do.

[BTCLovingDude]

The psychological hype for the halving is positive, everyone thinks the price will go up, and this will be what will make the price go to the moon... never underestimate the power of psychology in markets. And beside the psychological factor we also have the actual facts: Bitcoin is only getting better and LN and sidechains are coming soon along with a lot of other great BIPs and implementations = moon time.

Well, maybe all bitcoin users wait halving occurs, it may be true, at the time of halving occurs bitcoin prices rise rapidly, thus making a profit, I am also waiting for the moment the price of bitcoin to moon

actually that is true, psychologically the hype alone makes a lot of traders buy and increase the demand. if you doubt the effectiveness of hype just take a look at Ethereum's history and you can see the biggest hype of this year and its effect.

[MFahad]

If you mean that the price of Bitcoin will rise after halving, then yes, it is profitable. I personally think that the rising has already begun when Bitcoin was $260 and that's why I think that after halving it will be a bit over $500. Of course for those who hold Bitcoins it will be profitable, for others ... it doesn't matter. To buy Bitcoin after it hits $500 still will be a good thing to do.

It is clear when Halving is coming than bitcoins price will automatically increased, and everyone can get profit from halving, but everyone has a different way to use halving, someone get more profit and someone get normalastic profit, so should make sense to get profit from Halving.

[Viyamore]

Yes ,i think because bitcoin value is continue to rise up , if the bitcoin was up after this halving it is so profitable but if it remains also we can make it profitable if we use or invest in a smart way.

[BitHodler]

If you mean that the price of Bitcoin will rise after halving, then yes, it is profitable. I personally think that the rising has already begun when Bitcoin was $260 and that's why I think that after halving it will be a bit over $500. Of course for those who hold Bitcoins it will be profitable, for others ... it doesn't matter. To buy Bitcoin after it hits $500 still will be a good thing to do.

It is clear when Halving is coming than bitcoins price will automatically increased, and everyone can get profit from halving, but everyone has a different way to use halving, someone get more profit and someone get normalastic profit, so should make sense to get profit from Halving.

The block halving itself will not automatically make the price increase.

It's the people that buy up and make the price go up as they think the block halving pump will push the price to very high price points.

[jod_doj]

Yes ,i think because bitcoin value is continue to rise up , if the bitcoin was up after this halving it is so profitable but if it remains also we can make it profitable if we use or invest in a smart way.

well no one actually knows if the price will surely grow that much in the future, i think the best would be is to just hope that there will be no bigger decreases and thats it

i think halving will be profitable because people will start buying their coins pretty soon and that will allow the price to jump pretty fast, as long as whales will not start dumping their coins

[MedaR]

Well obviously you can't get a number that would apply to everyone. You can do the calculations yourself for a specific region or hardware, however I don't see the importance of knowing this.

I thinking logically, most miners are located in China and they have cheapest electricity in the world we can use their mining price as referent price.
So we can tell they won't dump under that price, so price can only be higher.
We actually don't need to know regional prices, just lowest mining price.

Not necessarily. Do you have the data to back this up?

You must think logically again, most of people don't want war but war still happens. Same story goes with bitcoin, small percentage of coins are on exchanges and they are in hands of whales - mostly.
I  can't find references for everything , and i think they are not needed in this case.

[angaper]

I don't know the future implications of halving in the medium term, but I am totally convinced that in longer terms the bitcoin price can achieve the $1000 level again. If halving results in a drop in the current price I will be patience and perhaps I will take advantage of that situation to buy more bitcoin.

In any case, both scenarios (pessimistic or optimistic) are convenient for me.

[BitcoinPaw]

People should understand that if halving will not increase current price other people will make money on hype around halving. So it's anyway profitable u just need choose a right side.

[Sierra8561]

I don't know the future implications of halving in the medium term, but I am totally convinced that in longer terms the bitcoin price can achieve the $1000 level again. If halving results in a drop in the current price I will be patience and perhaps I will take advantage of that situation to buy more bitcoin.

In any case, both scenarios (pessimistic or optimistic) are convenient for me.

Great point, I'm in bitcoin for the long haul. I'm convinced huge money can be made.

[Bestwishes745]

Actually halving does not mean necessary raise in price.
But there are strong feelings thats humans want to get rare things, hard to get things.
So bitcoin will be harder to get, it is very possible to see a raise in price even like 2x.

But I think the halving will lead the bitcoin to a high value, the halving often have a good effect on the price of bitcoin, and the other factor is that people start to believe on bitcoin and do not agree to sell their bitcoin on cheap price etc.

[jt byte]

Most likely the bitcoin will be profitable, a lot of speculators are saying this and I also think this is true to be honest.
The halving is just a couple months away from us, and I think the halving can let us all make profit if it has been done.

[gagalady]

Most likely the bitcoin will be profitable, a lot of speculators are saying this and I also think this is true to be honest.
The halving is just a couple months away from us, and I think the halving can let us all make profit if it has been done.

Speculators will drive the price up once we are closer to the halving.