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Author Topic: Halving is a profitable???  (Read 46736 times)
shane
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May 29, 2016, 12:15:45 PM
 #521

As per the basic finance thumb rule of supply and demand, this halving might be making bitcoin prices to go moon. The price surge will attract more people towards bitcoin to use it for their daily life. The new peoples could be considered as new investors. So, halving will certainly be profitable.
You are right. The success of bitcoin system would be highly based on how many people are adopting it. Halving will definitely attract many people from the rest of world. This will help bitcoin to grow further towards mainstream of adoptions.

Only price rise will attract people. Halving itself is not interesting to the ordinary  people. They only care about price.

yes but at least they should know what is causing the rise in prices, so previously they can buy bitcoin and make a profit from halving.

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boyptc
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May 29, 2016, 12:38:55 PM
 #522

As per the basic finance thumb rule of supply and demand, this halving might be making bitcoin prices to go moon. The price surge will attract more people towards bitcoin to use it for their daily life. The new peoples could be considered as new investors. So, halving will certainly be profitable.
You are right. The success of bitcoin system would be highly based on how many people are adopting it. Halving will definitely attract many people from the rest of world. This will help bitcoin to grow further towards mainstream of adoptions.

Only price rise will attract people. Halving itself is not interesting to the ordinary  people. They only care about price.

But if ordinary people that price of bitcoin is high, then it will somehow help them and encourage them to go with bitcoin.
And of course we are all aiming and waiting for the price increase.
That's why halving will be so profitable for all of us.
23dzmaz
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May 29, 2016, 01:05:36 PM
 #523

As per the basic finance thumb rule of supply and demand, this halving might be making bitcoin prices to go moon. The price surge will attract more people towards bitcoin to use it for their daily life. The new peoples could be considered as new investors. So, halving will certainly be profitable.
You are right. The success of bitcoin system would be highly based on how many people are adopting it. Halving will definitely attract many people from the rest of world. This will help bitcoin to grow further towards mainstream of adoptions.

Only price rise will attract people. Halving itself is not interesting to the ordinary  people. They only care about price.

Yeah, bitcoin is popular because the price itself and halving is close though. Halving is profitable for sure, that's why the price of bitcoin increase so high.
RastoMan
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May 29, 2016, 02:12:20 PM
 #524

The recent rise could be started by the Chinese ASIC manufacturers. When the price is high, there is demand for their miners.
Labumi
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May 29, 2016, 02:15:25 PM
 #525

The recent rise could be started by the Chinese ASIC manufacturers. When the price is high, there is demand for their miners.

The possibility, because I heard that the Chinese mining mining is the largest in the world. She can play me the price because they have the biggest mining tool. If indeed that is the case then there is a possibility this could negatively affect for users of Bitcoin
umaOuma
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May 29, 2016, 03:47:31 PM
 #526

As per the basic finance thumb rule of supply and demand, this halving might be making bitcoin prices to go moon. The price surge will attract more people towards bitcoin to use it for their daily life. The new peoples could be considered as new investors. So, halving will certainly be profitable.
You are right. The success of bitcoin system would be highly based on how many people are adopting it. Halving will definitely attract many people from the rest of world. This will help bitcoin to grow further towards mainstream of adoptions.

Only price rise will attract people. Halving itself is not interesting to the ordinary  people. They only care about price.

Yeah, bitcoin is popular because the price itself and halving is close though. Halving is profitable for sure, that's why the price of bitcoin increase so high.

As time passes it will get more higher and it will be at its best when we are close to halving, so halving will surely profitable and will benefit us in the best way.
BitcoinPC
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May 29, 2016, 04:06:56 PM
 #527

As per the basic finance thumb rule of supply and demand, this halving might be making bitcoin prices to go moon. The price surge will attract more people towards bitcoin to use it for their daily life. The new peoples could be considered as new investors. So, halving will certainly be profitable.
You are right. The success of bitcoin system would be highly based on how many people are adopting it. Halving will definitely attract many people from the rest of world. This will help bitcoin to grow further towards mainstream of adoptions.

Yes, a lot of people say that halving is a big event and also profitable thing, that's why people attract the bitcoins and using it a lot, in this time, mostly people are buying and doing saving their bitcoins because they all want to use the halving and get profit. 
boopy265420
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May 29, 2016, 04:34:55 PM
 #528

Halving is profitable because it will trigger the increase of price and will give it some kind of stability same time.People always show interest in valuable things.It will be one more step towards drawing the attention of more people.I don't expect some huge increase but there will be something which will be seen.I have no doubt halving will play its role in good future of Bitcoin.
soyab0007
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May 29, 2016, 08:17:56 PM
 #529

is this Right time to sell BTC or wait till halving
mark coins
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May 29, 2016, 08:33:18 PM
 #530

As per the basic finance thumb rule of supply and demand, this halving might be making bitcoin prices to go moon. The price surge will attract more people towards bitcoin to use it for their daily life. The new peoples could be considered as new investors. So, halving will certainly be profitable.
You are right. The success of bitcoin system would be highly based on how many people are adopting it. Halving will definitely attract many people from the rest of world. This will help bitcoin to grow further towards mainstream of adoptions.

Yes, a lot of people say that halving is a big event and also profitable thing, that's why people attract the bitcoins and using it a lot, in this time, mostly people are buying and doing saving their bitcoins because they all want to use the halving and get profit. 

And I think that is the right thing to do, hold if for next couple of months to enjoy better and higher rewards as price movement is going in a positive direction now.
rocketron
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May 29, 2016, 10:47:11 PM
 #531

I feel the chinese are behind this sudden surge in price, I think they are trying to set of a fomo hype, the price of btc needs to double for the chinese miners to maintain profits, there looking at a -50% reduction in profits, what we could be seeing here is a join operation by the big chinese miner farms to pump the price waaay up.

bitcoin in its current state is a complete mess, the standard confirm time now is near 2 hours for a single confirm time, that was ment to be 10 mins.
tensai
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May 29, 2016, 10:55:25 PM
 #532

is this Right time to sell BTC or wait till halving

I think the rally will continue. There are positives ahead and i dont think the market is overreacting, or even reacting at all yet to the halving. There will obv be a small contraction soon considering how massively btc has risen, but i'm almost certain btc ends up above 550 at new years.
Cozy
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May 29, 2016, 11:25:35 PM
 #533

bitcoin in its current state is a complete mess, the standard confirm time now is near 2 hours for a single confirm time, that was ment to be 10 mins.


Which is true. I bought a game last week and it took forever to confirm. That definitly is not a good thing.
GreenBits
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May 30, 2016, 12:46:06 AM
 #534

is this Right time to sell BTC or wait till halving

I think the rally will continue. There are positives ahead and i dont think the market is overreacting, or even reacting at all yet to the halving. There will obv be a small contraction soon considering how massively btc has risen, but i'm almost certain btc ends up above 550 at new years.

Agree, but I think it will draw back down short term, slightly sub 500, then surge into the high 500s. People will reposition, the halving is still a ways off
jerowacik
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May 30, 2016, 12:49:27 AM
 #535

half is a reduction in supply of bitcoin miners. so according to some large financial analysts, may ask for a price increase bitcoin. bitcoin prices will be greater than the current price.
RastoMan
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May 30, 2016, 01:12:59 PM
 #536

half is a reduction in supply of bitcoin miners. so according to some large financial analysts, may ask for a price increase bitcoin. bitcoin prices will be greater than the current price.

If the demand for bitoin is the same or increased, the bitcoin price will rise after the block reward halving.
Shibashi Dogemoto
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May 30, 2016, 01:17:59 PM
 #537

half is a reduction in supply of bitcoin miners. so according to some large financial analysts, may ask for a price increase bitcoin. bitcoin prices will be greater than the current price.

If the demand for bitoin is the same or increased, the bitcoin price will rise after the block reward halving.

Yes there is full possibility that price will rise after halving, so its good to hold our coins even after  couple of months of halving, selling at the end of the year would be the perfect time.
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May 30, 2016, 01:24:32 PM
 #538

Do you think that in this year halving is a profitable???
What do you mean by halving? Sir,
btcltccoins
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May 30, 2016, 01:43:15 PM
 #539

As per the basic finance thumb rule of supply and demand, this halving might be making bitcoin prices to go moon. The price surge will attract more people towards bitcoin to use it for their daily life. The new peoples could be considered as new investors. So, halving will certainly be profitable.
You are right. The success of bitcoin system would be highly based on how many people are adopting it. Halving will definitely attract many people from the rest of world. This will help bitcoin to grow further towards mainstream of adoptions.

Adoption is the one element which can help grow bitcoins in the long term. For short term growth and popularity we have halving in about a months time period. The current price increase just before the halving will attract a lot more people to this coin and we shall see lots of people getting benefit from halving and the most benefited will be the Bitcoin Itself.
Etaren
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May 30, 2016, 02:42:05 PM
 #540

Everyone is hoping that the halving will be profitable but the bad thing is that you can control it and that is the problem so the only thing that you can do is just wait and see for what will happen. But the chance is high that it will rise slowly because it was already stable for a long time so that is nice.
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