Getting closer to Halving but .. no increase ?

[randy8777]

just have patience and all will be good. i think the real action will start 1 month or maybe 2 weeks before the block halving gets completed. we can't do anything other than waiting for the big boys to start pumping the price. i am sure all will come from china.

[irsykes]

just have patience and all will be good. i think the real action will start 1 month or maybe 2 weeks before the block halving gets completed. we can't do anything other than waiting for the big boys to start pumping the price. i am sure all will come from china.

is that really if price will go up when halving come? some people who hold their bitcoin must be want to dump their coins, but who will gonna buy if more people want to sell ?

[randy8777]

just have patience and all will be good. i think the real action will start 1 month or maybe 2 weeks before the block halving gets completed. we can't do anything other than waiting for the big boys to start pumping the price. i am sure all will come from china.

is that really if price will go up when halving come? some people who hold their bitcoin must be want to dump their coins, but who will gonna buy if more people want to sell ?

well, the price is expected to go up while we are coming closer and closer to the block halving. people that have been buying their coins at current prices and when it was sub $400 will most likely secure profits just before or just after the halving. people who are willing to enter the market at that time will put up buy orders at various price levels. and these people end up buying the coins that people are selling.

[irsykes]

just have patience and all will be good. i think the real action will start 1 month or maybe 2 weeks before the block halving gets completed. we can't do anything other than waiting for the big boys to start pumping the price. i am sure all will come from china.

is that really if price will go up when halving come? some people who hold their bitcoin must be want to dump their coins, but who will gonna buy if more people want to sell ?

well, the price is expected to go up while we are coming closer and closer to the block halving. people that have been buying their coins at current prices and when it was sub $400 will most likely secure profits just before or just after the halving. people who are willing to enter the market at that time will put up buy orders at various price levels. and these people end up buying the coins that people are selling.

so there will always be people who buy bitcoin, although most people want to sell their bitcoin when halving come, ahh i see now thank you

[lister storm]

we will surely see a decent increase in price like a few weeks before the halving event, now the price is pretty stable

im buying a lot of bitcoins because i wait for an increase and i will definitely make some good money out of it when the halving will end

[ultimatesky]

we will surely see a decent increase in price like a few weeks before the halving event, now the price is pretty stable

im buying a lot of bitcoins because i wait for an increase and i will definitely make some good money out of it when the halving will end

Indeed its just a bit of patient we need and we just have to believe in the bitcoin itself, the halving will come and the price will rise for sure.
It will not rise right now because its just to early for the price rise of the halving.

[r0ach]

I've been saying in other threads for the past few months that the halving is priced in already.  Or at least it seems like it should be--it's definitely not going to surprise anyone like a news report might.  So this is kind of what I expected.

You don't know how markets work:

Holy shit am I surrounded by fucking idiots.

There is a finite number of bitcoins.  Around 77% have already been mined.  Since the price is actually somewhat stable, the coins are in somewhat strong hands.  This means when the inflation rate drops even more, these people can then manipulate the market using a relatively small amount of money compared to what they've already spent to vastly increase the price of the coins they already own.  The lower the inflation goes, the more effective and easy this game can be played.  Bitcoin, just like any other market on earth that can be cornered, has whales that control an obscene number of coins compared to the general population.  The price will not be raised for you, the price will be raised for them.  You're just one of those tiny plankton fish that latches onto the sharks hoping for crumbs that everyone knows is coming.

So, yes you fucking retards, the price will go up because every market on the entire planet is controlled by scheming and manipulating lunatics and whales.

[Sixt5]

how is the haling any different then the difficulty doubling? as a miner, i was mining x amount, now mining 1/2 of x.

[Straux]

I think bitcoin will slowly head up after the halving, not straight away. People will realise slowly that bitcoin's harder to get. Just hodl.

[busybee7]

I think bitcoin will slowly head up after the halving, not straight away. People will realise slowly that bitcoin's harder to get. Just hodl.

thats right, i think that halving itself wont have a huge effect on bitcoin price as some people will start selling some will start buying

for a new all time high we might have to wait for a few years more as the price is not spiking that much as it did a few years ago

[nostal02]

I think bitcoin will slowly head up after the halving, not straight away. People will realise slowly that bitcoin's harder to get. Just hodl.

thats right, i think that halving itself wont have a huge effect on bitcoin price as some people will start selling some will start buying

for a new all time high we might have to wait for a few years more as the price is not spiking that much as it did a few years ago

A few years ago the prices was controlled by bots thats why it reaches 1k+,right now there are no bots to manipulate the price only whales and miners are now controlling the prices.

[Amph]

how is the haling any different then the difficulty doubling? as a miner, i was mining x amount, now mining 1/2 of x.

because the difficulty doubling don't bring a value that is double of before, usually the diff follow this and not the opposite

[btcxyzzz]

My bet is on a price drop, a big drop.

Add congested network in the moments of panic, and Bitcoin is done. This time, for real.

[n691309]

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

I have seen the halving of litecoin and i can say that before the halving the price of it was really high, because everyone was thinking that the price after halving will be higher so the price went high. Now i think a great number of traders have been moved to ethereum and i think this should be the reason why bitcoin price is not jumping high.

[BruceLee007]

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

yes if there would be no price rise now i would be totally normal, but best part is, that price rises now, everyone buys bitcoins just for chance to sell for huge price after halving, so price rises now and will rise for next two or three months for sure, till halving

[r0ach]

yes if there would be no price rise now i would be totally normal, but best part is, that price rises now, everyone buys bitcoins just for chance to sell for huge price after halving, so price rises now and will rise for next two or three months for sure, till halving

Except the price skyrocketed AFTER halving last time and not before.  China is also the prime mover of BTC currently and there's supposedly further yuan devaluations of like 30% coming, so they would all pile into Bitcoin even more.

[Red-Apple]

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

there is no normal defined. you can't expect the same changes happening as they happened last time.

but this stable state is normal for any rise, cause before the rise there is always a stable accumulation state.

[Snail2]

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

Last time around the halving the price slowly went from $5 (2012 summer) to $12-13 (2012 dec.) but that was lower than the then ATH (~$24). After the halving it kept climbing slowly for months. The latest LTC halving was a slightly different pattern: from <$2 it went to >$8 then back to $2 finally stabilized above $3.  

[pedrog]

Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

Last time around the halving the price slowly went from $5 (2012 summer) to $12-13 (2012 dec.) but that was lower than the then ATH (~$24). After the halving it kept climbing slowly for months. The latest LTC halving was a slightly different pattern: from <$2 it went to >$8 then back to $2 finally stabilized above $3.  

With litecoin, the $8 peak was before the halving, and it was because of some huge Chinese ponzi scheme, after halving price went down from $3.3 to $2.8, and it has been moving around $3.

[~Bitcoin~]

I am also currently suprised to not see any significant growth in price. But i think there will be quick straight rise in halving because whales like to collect enough cheap coins before halving right now.