BitcoinHodler
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March 20, 2016, 01:21:52 PM |
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looking at what happened in 2013 after the first halving in 2012, i think the price will shoot up in 2017. thats just my guess. other people think that the anticipation of the halving has already affected the market price to what it is now.
nowadays there is much more money needed to pump the price. also, right now there are much more coins on the market than with the previous block halving. more coins means more potential selling pressure. btw, the block halving will happen this year. yeah but at the same time there is a lot of more bitcoin users too. which means that many more demand.
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Holding Bitcoin More Every Day
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armansolis593
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March 20, 2016, 01:33:21 PM |
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The block halving will have a huge impact with the price of bitcoin since bitcoin by that time will be hard to mine,so the harder to mine bitcoin the price of it will rise i think double the amount now.
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BitAurum (OP)
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March 20, 2016, 02:21:52 PM |
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The block halving will have a huge impact with the price of bitcoin since bitcoin by that time will be hard to mine,so the harder to mine bitcoin the price of it will rise i think double the amount now.
I don't think the price of bitcoin is determined by how much hashpower it takes to mine a bitcoin block.
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Meuh6879
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March 20, 2016, 02:30:35 PM |
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Oh, look ... a pattern. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 10 USD to 56 USD ... that's the halving effect after 6 months. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimagizer.imageshack.us%2Fa%2Fimg922%2F6792%2FmHY8ne.png&t=665&c=cW0sjEWTxoZqeQ)
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talkbitcoin
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All I know is that I know nothing.
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March 20, 2016, 02:59:03 PM |
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nothing is for certain. for all we know the bitcoin price can stay here at $410 level for the whole year and just move a little.
but if it is half as it was like last time, the price will go up to 600-700 and more because of it.
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Amph
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March 20, 2016, 03:26:09 PM |
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The block halving will have a huge impact with the price of bitcoin since bitcoin by that time will be hard to mine,so the harder to mine bitcoin the price of it will rise i think double the amount now.
I don't think the price of bitcoin is determined by how much hashpower it takes to mine a bitcoin block. well not but but the hype for the block halving, will instigate a higher demand that will lead to a higher price, it's a mental condition, not a math condition
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BitMaxz
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March 20, 2016, 04:00:04 PM |
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Not a big impact after block halving ends but we will see that the price will gradually move into high... not exact time in july will effect after halving and i think september we will see that the price will increase around 600-700.. just lets hope that it will happen..
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Red-Apple
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March 20, 2016, 04:16:48 PM |
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Not a big impact after block halving ends but we will see that the price will gradually move into high... not exact time in july will effect after halving and i think september we will see that the price will increase around 600-700.. just lets hope that it will happen..
i block halving is going to have an effect on bitcoin price it is going to be a big effect or no effect. and i think it is going to be big, and it is possible to see $1000 per bitcoin again.
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BitAurum (OP)
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March 20, 2016, 04:17:29 PM |
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Not a big impact after block halving ends but we will see that the price will gradually move into high... not exact time in july will effect after halving and i think september we will see that the price will increase around 600-700.. just lets hope that it will happen..
Yeah we all are expecting a price increase after the block halving because the miners need profit.
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bit1
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March 20, 2016, 06:13:31 PM |
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nothing is for certain. for all we know the bitcoin price can stay here at $410 level for the whole year and just move a little.
but if it is half as it was like last time, the price will go up to 600-700 and more because of it.
True, It is more likely an increase in the price but besides a pump can happens, For example hit $1000 and after drop to $600-800 levels, For the reason that it can generate much excitement and if the price begins to grow then max price could be determined for the big whales and when the whales does their game, nothing is written.
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bitlancr
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March 20, 2016, 06:40:39 PM |
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nothing is for certain. for all we know the bitcoin price can stay here at $410 level for the whole year and just move a little.
but if it is half as it was like last time, the price will go up to 600-700 and more because of it.
True, It is more likely an increase in the price but besides a pump can happens, For example hit $1000 and after drop to $600-800 levels, For the reason that it can generate much excitement and if the price begins to grow then max price could be determined for the big whales and when the whales does their game, nothing is written. The whales are waiting for something. That is certain. But I don't know what. It seems to me they got plans else they would net rest the price around 400 dollars. Maybe another pump because of the halving or something else?
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BitAurum (OP)
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March 20, 2016, 07:59:34 PM |
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nothing is for certain. for all we know the bitcoin price can stay here at $410 level for the whole year and just move a little.
but if it is half as it was like last time, the price will go up to 600-700 and more because of it.
True, It is more likely an increase in the price but besides a pump can happens, For example hit $1000 and after drop to $600-800 levels, For the reason that it can generate much excitement and if the price begins to grow then max price could be determined for the big whales and when the whales does their game, nothing is written. The whales are waiting for something. That is certain. But I don't know what. It seems to me they got plans else they would net rest the price around 400 dollars. Maybe another pump because of the halving or something else? Initially after the block halving the price might be pumped but will return to a stable range after some time.
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bitcoinhopper
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March 21, 2016, 10:59:17 AM |
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Thats hard to say, because you never know what can happen later with the value and that is the problem. I think that it will not rise that much. You can see now that the value is rising slowly and that the most people can have some profit.
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randy8777
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March 21, 2016, 11:24:33 AM |
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nothing is for certain. for all we know the bitcoin price can stay here at $410 level for the whole year and just move a little.
but if it is half as it was like last time, the price will go up to 600-700 and more because of it.
True, It is more likely an increase in the price but besides a pump can happens, For example hit $1000 and after drop to $600-800 levels, For the reason that it can generate much excitement and if the price begins to grow then max price could be determined for the big whales and when the whales does their game, nothing is written. The whales are waiting for something. That is certain. But I don't know what. It seems to me they got plans else they would net rest the price around 400 dollars. Maybe another pump because of the halving or something else? whales aren't really waiting for anything. it's the community here that is waiting for the price to sky rocket. whales will do their work once they think the time is right. at the moment we're sitting in a calm phase which might bore some people, but the block halving panic will start once we're a few weeks away from the actual halving. that's when you will see the whales come to live.
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neonshium
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March 21, 2016, 11:36:58 AM |
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Thats hard to say, because you never know what can happen later with the value and that is the problem. I think that it will not rise that much. You can see now that the value is rising slowly and that the most people can have some profit.
But as per economical basic thumb rule, the reduction in supply will impact the value of bitcoin for sure. But how much and how long and how far the impact will reflect is still a mystery. Positive impact is guaranteed.
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March 21, 2016, 11:44:36 AM |
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whales aren't really waiting for anything. it's the community here that is waiting for the price to sky rocket. whales will do their work once they think the time is right.
that's called waiting. Oh, look ... a pattern. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 10 USD to 56 USD ... that's the halving effect after 6 months. so we might reach $2000 by the end of this year? hell yeah!! ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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fravia
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March 21, 2016, 12:26:59 PM |
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There are many answers to this question and I am looking forward to see everyone's opinion.
well because halving will halve block rewards, miners will get 50% less money so price will have to go 2x times up to be good for miners again but i don't think that price will rise so high, i think after halving it will be 750$ or even less, because price falls down this whole week
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LFC_Bitcoin
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March 21, 2016, 12:34:10 PM |
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I keep seeing different opinions on what will happen. Lets be honest the halving is pretty near now & nothing's happening. I hope it isn't already priced in as some have said.
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haileysantos95
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March 21, 2016, 04:30:36 PM |
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I keep seeing different opinions on what will happen. Lets be honest the halving is pretty near now & nothing's happening. I hope it isn't already priced in as some have said.
Well its near but still far from happening,when the whales and miners made there move we will see what will happen to the bitcoin price. The market will be flooded by that time who knows maybe its a dump or pump.
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BellaBitBit
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March 21, 2016, 04:39:21 PM |
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I am starting to feel that the halving is already built in. Although hopes of moon shot profits from halving is fun I think that a more stable price will be better for bitcoin in the end.
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I love Bitcoin
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