socks435
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May 15, 2016, 03:55:19 PM |
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Majority of the community is thinking that halving will take price of bitcoin to a higher level, and I also believe in the same, so holding for few months can be really profitable.
Many believe that this halving could have a strong effect on the value of Bitcoin as a whole. If lots of people decide it is no longer worth mining Bitcoin and give up on the system, it could cause the currency to lose its value and start a crash. But if it just helps to limit the supply of Bitcoin while demand stays the same, its value will increase. For block halving there's no strong effect for bitcoin value.. because the difficulty still the same.. if the block halving is done i think miner still not profitable and there no changes for their mined.. the same expenses the same profit the same difficulty.. but if they are still mining as of now and made a lots of bitcoin and sell them when block halving is done and reach the price value above 700 or 800..
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helloeverybody
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May 15, 2016, 03:59:08 PM |
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Im wondering more, what will everyone do if there is no price rise after the block halving? Will you all still hold onto your coins and continue trading or will you dump for whatever coin you think is the next best thing?
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pereira4
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May 15, 2016, 04:07:22 PM |
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Im wondering more, what will everyone do if there is no price rise after the block halving? Will you all still hold onto your coins and continue trading or will you dump for whatever coin you think is the next best thing?
The most sane thing to do is to hold. The price will go up eventually, no matter how much you have to wait, so if it goes down after the halving, all you have to do is buy more and think that you are getting Bitcoin at a discount.
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wildan88
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May 15, 2016, 04:08:29 PM |
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Im wondering more, what will everyone do if there is no price rise after the block halving? Will you all still hold onto your coins and continue trading or will you dump for whatever coin you think is the next best thing?
the possibility of people who have holding will panic, but some also may choose be patient. for halving effect might be felt after a few months ahead
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dezoel
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May 15, 2016, 04:13:30 PM |
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Im wondering more, what will everyone do if there is no price rise after the block halving? Will you all still hold onto your coins and continue trading or will you dump for whatever coin you think is the next best thing?
the possibility of people who have holding will panic, but some also may choose be patient. for halving effect might be felt after a few months ahead Yeah it would be better to hold our coins till the end of the year, as everyone is thinking that price might not go higher at the time of halving.
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Drakrmaster
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May 15, 2016, 04:15:29 PM |
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Yep I think I'll make @least 1 satoshi profit by the end of year ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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RoommateAgreement
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May 15, 2016, 04:29:52 PM |
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Im wondering more, what will everyone do if there is no price rise after the block halving? Will you all still hold onto your coins and continue trading or will you dump for whatever coin you think is the next best thing?
the possibility of people who have holding will panic, but some also may choose be patient. for halving effect might be felt after a few months ahead Yeah it would be better to hold our coins till the end of the year, as everyone is thinking that price might not go higher at the time of halving. maybe not until the end of the year, the profit may come so much sooner than that. by the time of halving the price can start going up into a new bubble which cna also go higher than $1000
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Buying the dip...
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avw1982
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May 15, 2016, 04:35:47 PM |
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Yep I think I'll make @least 1 satoshi profit by the end of year ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Yeah halving is profitable for whom bought bitcoins, earned bitcoins and collected bitcoin and storing them for halving. because if price of bitcoin really raise and 1 bitcoin will be sold for 600$ to 1000$ then they will be in profit for sure.
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killerjoegreece
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May 15, 2016, 04:38:01 PM |
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Yep I think I'll make @least 1 satoshi profit by the end of year ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Yeah halving is profitable for whom bought bitcoins, earned bitcoins and collected bitcoin and storing them for halving. because if price of bitcoin really raise and 1 bitcoin will be sold for 600$ to 1000$ then they will be in profit for sure. 1 year panic holding now.
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Rotator
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May 15, 2016, 05:37:31 PM |
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In this topic we finally can see real nature of this expectations.. People expecting to sell their coins for double price so after all you actually don't believe in bitcoin, and we an say it is all about fiat here? This is how it look like when we talking about value this way..
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ekoice
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May 15, 2016, 05:50:43 PM |
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yes, if the diff stay the same because right now miners are doing 4x the earning of their consumption, so even after the reward will be halved, this is still 2x the consumption
the value will likely increase to compensate for the drop from 4x to 2x, naturally this is only true for those with 0.05 kw/h or less...
The price should rise as a result of the halving but how do we know the price rise isn't already done now? This block size debate bitching & in fighting doesn't help anybody. I was hoping to see around 600 when the halving comes. Yes the halving will let the price increase but we have to see it with our own eyes because the halving price is not to predict right now, I think it will be at 700 dollar or something near that. We just have to be patient and see what is gonna happen, it will be profitable I'm sure of that. Of course halving is profitable and if no halving means no interest in bitcoin for anyone that why bitcoin is famous without halving as it gives rise in price of bitcoins and hence halving even though unpredictable but is right profitable thing and gives life to bitcoins.
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pneumatic5
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May 15, 2016, 06:46:31 PM |
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Do you think that in this year halving is a profitable???
Yes this is going to be profitable for future
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x13
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May 15, 2016, 06:50:53 PM |
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It is actually not save what happend shortly before or after the halving. The price has decresed for a couple of percents since months. So i guess this is already the influence of the halving. it is also probable that the price dumps after the halving because many investors are disappointed about the further price development.
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Betwrong
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May 15, 2016, 06:57:38 PM |
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Do you think that in this year halving is a profitable???
Depends on what do you mean by profitable. The price is rising due to halving, it's true, but the difficulty is rising also, so it seems like those who mine will not lose at least and that's good.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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kpitti
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May 15, 2016, 07:03:41 PM |
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The idea behind the halving is that miners get less reward and the price goes up (double) to make sure that they earn enough to keep on mining. However the current price is high enough for them to keep on earning on mining.
I do not think that idea was so focus on the price increase. The main idea is to ensure that there is final amount of Bitcoins. Therefore reward will be halved. And this will continue. And finaly I do not think that current price is high enough to earn on mining. All about halving and price increase is just speculation.
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geopolisch
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May 21, 2016, 09:10:19 AM |
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Do you think that in this year halving is a profitable???
If the halving is going to happen it is going to make the Bitcoin cheaper so for the people who want to buy coins it is profitable. For the people who want to sell coins this is not so good news. but bitcoin is not going cheaper. it is going higher.. 98% peoples predicted that about halving. they said already bitcoin will touch 1000 dollar price at this year's halving. the halving will be profitable for sellers. and for buyers of course if they buy before halving and hold them.
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arwin100
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May 21, 2016, 09:16:57 AM |
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Do you think that in this year halving is a profitable???
If the halving is going to happen it is going to make the Bitcoin cheaper so for the people who want to buy coins it is profitable. For the people who want to sell coins this is not so good news. but bitcoin is not going cheaper. it is going higher.. 98% peoples predicted that about halving. they said already bitcoin will touch 1000 dollar price at this year's halving. the halving will be profitable for sellers. and for buyers of course if they buy before halving and hold them. I would say halving is more profitable for those who have biggest savings volume in btc because they are the one who get benifited for these halving phenomena and for those who have little balance who waits longer for halving well yes they can earn but only little and if they invest it When halving still not occur well they can big profit with it since halving occurs, But really halving is profitable as i cab see the history chart of halving event in wiki it show and tells that halving have really great effect to bitcoins price up so by that we can tell halving is profitable as history says.
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1Referee
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May 21, 2016, 09:21:35 AM |
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Do you think that in this year halving is a profitable???
If the halving is going to happen it is going to make the Bitcoin cheaper so for the people who want to buy coins it is profitable. For the people who want to sell coins this is not so good news. but bitcoin is not going cheaper. it is going higher.. 98% peoples predicted that about halving. they said already bitcoin will touch 1000 dollar price at this year's halving. the halving will be profitable for sellers. and for buyers of course if they buy before halving and hold them. It's called a hype. And you know what similarity all hypes have? They always vanish into hot air after some time. After the halving the price will start tanking till a level where the price will settle at. After that it will be a slow moving market great for people using Bitcoin as store of wealth.
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romero121
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May 21, 2016, 09:37:59 AM |
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Last halvings have given users good profit with the peak increase. Just of that people hope for a profitable halving this year too. No one is sure about the real facts behind halving, only time gives us all the answer.
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boyptc
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May 21, 2016, 09:59:44 AM |
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Last halvings have given users good profit with the peak increase. Just of that people hope for a profitable halving this year too. No one is sure about the real facts behind halving, only time gives us all the answer.
I hope it will happen again for this halving, but so far now bitcoin downs to 440 as I have checked it out to blockchain but of course I will not depend on a single fluctuations or maybe bitcoin is just starting to sway for the higher price its going to result.
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