Bitcoin Forum
May 05, 2024, 03:49:15 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: How will the Block halving impact the bitcoin price?  (Read 2654 times)
Koamder
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
April 21, 2016, 07:42:06 AM
 #61

A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points

A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714924155
Hero Member
*
Offline Offline

Posts: 1714924155

View Profile Personal Message (Offline)

Ignore
1714924155
Reply with quote  #2

1714924155
Report to moderator
1714924155
Hero Member
*
Offline Offline

Posts: 1714924155

View Profile Personal Message (Offline)

Ignore
1714924155
Reply with quote  #2

1714924155
Report to moderator
1714924155
Hero Member
*
Offline Offline

Posts: 1714924155

View Profile Personal Message (Offline)

Ignore
1714924155
Reply with quote  #2

1714924155
Report to moderator
LoyceV
Legendary
*
Offline Offline

Activity: 3304
Merit: 16598


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
April 21, 2016, 07:52:58 AM
 #62

If the supply is really low then the price will surely be high this is the basic in marketing and trading,but i think so many people are holding and when the halving come there will be a lot of people selling bitcoin which will flood the market.
So you're arguing halving the block reward will lead to an increased supply of bitcoin? That could actually explain why the price went up a months after the last halving: the reward stays lower, and the increased supply of people who are holding now and selling after the halving dries up after a while.

M.P.A.
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
April 21, 2016, 08:02:13 AM
 #63

A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points

A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.

BTC can't really be compared to DOGE or LTC, an abrupt increase in the price due to the halving will be surely followed by a correction \ drop but still to a price higher than the starting one.
Ultimately, in the medium-long term, the laws of demand/offer will affect BTC price too.
Koamder
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
April 23, 2016, 09:05:22 PM
 #64

A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points

A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.

BTC can't really be compared to DOGE or LTC, an abrupt increase in the price due to the halving will be surely followed by a correction \ drop but still to a price higher than the starting one.
Ultimately, in the medium-long term, the laws of demand/offer will affect BTC price too.

That is right. So I would not like the price to rise too quickly after the halving. We just need to reach $1000 later in the year.
romero121
Legendary
*
Offline Offline

Activity: 3164
Merit: 1213


View Profile
April 24, 2016, 01:27:57 PM
 #65

A pump, of course. I remember it happening with Litecoin and doge, was funny, unless you timed wrong your entry and exit points

A pump can increase the price. But it is just in short term. And the price will drop in medium term. Just like what happened in 2013-2015.

BTC can't really be compared to DOGE or LTC, an abrupt increase in the price due to the halving will be surely followed by a correction \ drop but still to a price higher than the starting one.
Ultimately, in the medium-long term, the laws of demand/offer will affect BTC price too.

That is right. So I would not like the price to rise too quickly after the halving. We just need to reach $1000 later in the year.

Price after halving won't increase much. If the price increase on halving was low then we can see some gradual rise and within short time it starts to decrease and get stabilized around a good price.
bit1
Legendary
*
Offline Offline

Activity: 938
Merit: 1000



View Profile
April 24, 2016, 06:28:47 PM
 #66

I think that comes a  accumulation phase previous to halving so price could  go up.
Koamder
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
April 25, 2016, 04:09:00 PM
 #67

I think the halving could double the bitcoin price to around $800 level. It could rise again if there is some pumps.
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!