How will the Block halving impact the bitcoin price?

[BitAurum]

There are many answers to this question and I am looking forward to see everyone's opinion.

[J4mie]

Some say there won't be any difference because the halving effect has begun already but I don't think so. I see 2 scenarios:

- Loads of media attention and a big rally

or

- Not much media attention, not much difference in the price, people getting disappointed and selling their coins leading to a crash

[Denker]

Hard to answer.It could already be priced in.
But maybe it's not and a 2x increase or so could be possible.
I myself don't give it that much of attention and will stick to my strategy.
So it doesn't really bother me.

[--Encrypted--]

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.
personally I think the price will raise to $500~$600 after the halving.

[BitAurum]

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

[--Encrypted--]

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

yes. because the halving halves the block reward from 25BTC to 12.5BTC. ofc the difficulty can affect that also.

[haileysantos95]

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

yes. because the halving halves the block reward from 25BTC to 12.5BTC. ofc the difficulty can affect that also.

The difficulty will be much higher than before,i think ever 2 weeks the difficulty raises and with the halving it will be much more harder to mine.

[Watercooler]

Probably the price will go up a little, not so much as happened the last in 2013, this was also manipulated by MtGox.

[Amph]

it is almost certain that it will go up, the problem is knowing when exactly, but buying now is a good profit indeed for later this year

[Meuh6879]

How will the Block halving impact the bitcoin price?

[BitAurum]

it is almost certain that it will go up, the problem is knowing when exactly, but buying now is a good profit indeed for later this year

If the price of bitcoin rises after the halving it will be somewhere close to a few months after halving.

[BitAurum]

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

yes. because the halving halves the block reward from 25BTC to 12.5BTC. ofc the difficulty can affect that also.

The bitcoin difficulty has been increasing a lot lately and we might see a huge drop in this if the price doesn't take a big turn.

[richardsNY]

It will be purely due to all the speculation around the block halving. That's why I expect the month before the actual block halving to be very volatile with large price swings. After everything is cooled down we will see the real impact on the price.

[spurde]

I've been hearing of bitcoin for quite long, but I've never bothered to buy some or whatever. Then I've read that there's reward halving for miners happening every 4 years and somehow came up to buy some. So If there'll be more people like me then the price increases but only until the actual halving happens, that's my opinion.

[SquallLeonhart]

It will be purely due to all the speculation around the block halving. That's why I expect the month before the actual block halving to be very volatile with large price swings. After everything is cooled down we will see the real impact on the price.

Yeah and majority of people are holding their coins and not selling at a moment, as everyone is expecting higher price at the time of halving so it would be really interesting to see what would be the price at halving.

[pissedoff]

The bitcoin block halving should drive the bitcoin price up or it will be unprofitable for miners to continue.

[European Central Bank]

Wasn't the big boys break even calculated to be somewhere around $150 a while back? I dunno if that still counts but maybe they'll still be in profit if the price doesn't budge.

[Herbert2020]

There are many answers to this question and I am looking forward to see everyone's opinion.

coins will be harder to get. combine this with more adoption (more people will need it) and you'll get a price raise. no adoption increase and it will be suck for everyone.

By harder you mean it will require double the computing power to produce the same amount of coins.

yes. because the halving halves the block reward from 25BTC to 12.5BTC. ofc the difficulty can affect that also.

The bitcoin difficulty has been increasing a lot lately and we might see a huge drop in this if the price doesn't take a big turn.

have you checked some of the big miner's bitcoin balances. they are too invested in bitcoin just to let the price go down. they are super whales that are going to keep bitcoin from going to low prices.

[iTradeChips]

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.

[randy8777]

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.