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Fishbones78 (OP)
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March 21, 2016, 06:27:23 PM |
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The halving is coming. Surely this would increase demand for Bitcoin? I am planning on buying as much BTC as possible ASAP and plan to sell it after the halving of block rewards. Do you think this is a good idea?
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OmegaStarScream
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March 21, 2016, 06:29:44 PM |
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The halving is coming. Surely this would increase demand for Bitcoin? I am planning on buying as much BTC as possible ASAP and plan to sell it after the halving of block rewards. Do you think this is a good idea?
Well It's sounds like a good but it's more like "less supply" then "more demand" and no one really knows what's going to happen (but most likely price increase yes) . You can see my topic on the Speculation section (see the replies of people) . |
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GermanGiant
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March 21, 2016, 06:30:29 PM |
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Yes. It is a great idea. Grab it while you can.
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Fishbones78 (OP)
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March 21, 2016, 06:34:25 PM |
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The halving is coming. Surely this would increase demand for Bitcoin? I am planning on buying as much BTC as possible ASAP and plan to sell it after the halving of block rewards. Do you think this is a good idea?
Well It's sounds like a good but it's more like "less supply" then "more demand" and no one really knows what's going to happen (but most likely price increase yes) . You can see my topic on the Speculation section (see the replies of people) . That would be a better defenition, yes. But I guess with less supply it becomes "rarer"? Ill look for your thread now, thanks. |
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calkob
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March 21, 2016, 06:40:17 PM |
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Not so sure to be honest, i think the price might already be priced in, in sep/oct 2015 bitcoin was half the price it is now. BEWARE i'm not saying it wont move and to be honest i hope it does......  |
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Zeke2345
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March 21, 2016, 06:41:07 PM |
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The halving is coming. Surely this would increase demand for Bitcoin? I am planning on buying as much BTC as possible ASAP and plan to sell it after the halving of block rewards. Do you think this is a good idea?
You and every one else,which will mean you need to beat everyone else to punch or chase each other down. The amount of hype around this almost feels like a pump and dump situation and it will turn more people off than on down the stretch. |
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Nimbulan
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March 21, 2016, 06:53:38 PM |
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yeah if i had more money than i do have right now i would definitely put it into buying some more bitcoins and making a living out of it
the price will surely grow before the halving event thus it will bring me some decent money for the bitcoins i have and the ones that im now planning to buy
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gentlemand
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Welt Am Draht
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March 21, 2016, 06:54:20 PM |
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Why does the voting close in September? If it was a dead cert the price would be in the trillions already. Don't go betting the farm on anything.
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Amph
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March 21, 2016, 06:56:42 PM |
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i prefer to generate it's much more cheap than buying and i don't have money to buy anyway, but i would not sell imeddiately in any case because bitcoin is not aiming at reaching $800 wall or whatever other crap the average people are thinking
better to hold for a serious increase, unless you like trading
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Steve_Tou
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March 21, 2016, 08:31:43 PM |
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No, unless u have the spare $, you can buy a bit.
Why? BTC values can give u a heart attack with the up and down.
If you buy a lot, and value drops, u have to pray and wait for it to bounce back.
You can't sell your btc at the 'right' price too, due to the slow confirm and stuff.
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A scam will be a scam.
It won't sustain in long run, cause they can't make $ for you at all, they don't have any business model or investment plans to make money grows.
All they did is use other people's $ to pay other users, so those who earned $ is just from other victims... in short a vicious cycle.
People KNEW, but they just dump their $ in hoping for a miracle.
Maybe I have to give another example for people who can't understand.
It's like- Going down to dirty sewers looking for fresh air.
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odolvlobo
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March 21, 2016, 08:40:55 PM |
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Even if the reduced production by miners or increased awareness or hype put upward pressure on the price, you have no idea if it is enough to cause the price to rise above what it is now by July.
For example, the price has been slowly dropping since the beginning of the year. What if it continues to fall? Then even if the halving does boost the price, you could still lose money.
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maokoto
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March 22, 2016, 12:20:53 AM |
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Not sure either, but, as many other say, my vote is for it to go up... moderately. 700$ would be very very high in my view.
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X-ray
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March 22, 2016, 12:38:56 AM |
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If you are buying then do it now. I don't think there will be a price increase anytime soon but I think we are currently in a stable price
What you need to do is hold on to your bitcoins until you see a big change in the price which I think is not any time soon. The price increase in the next halving is just speculations.
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pedrog
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March 22, 2016, 11:12:48 AM |
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I don' get it, why should demand for bitcoin increase because of this?
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alyssa85
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March 22, 2016, 12:19:03 PM |
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I don' get it, why should demand for bitcoin increase because of this?
The last time there was a halving, it coincided with BTC going mainstream and there was a price boost. Some people think the price boost was down to the halvening instead of because of discovery by the mainstream media. Before people dive in, take a look at what happened to litecoin during it's halvening last year. There was a pump as some speculators tried to lure halvening believers into buying, but then there was an almighty dump. The price is now about where it was before the shenanigans. |
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Pursuer
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March 22, 2016, 01:39:34 PM |
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it is not free of risk, as any other investment!
but I did buy bitcoin because of this year's halving. and I think since the $400 was pretty stable price for this long, it is safer to buy at this price before it is too late.
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BitMaxz
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March 22, 2016, 02:37:16 PM |
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Yeah this is the good idea but you cant buy again for the cheapest price of bitcoin even you sell your bitcoin after halving.
It will less supply after halving so the movement of bitcoin is slowly increase's because many traders planning to dump their coins after block halving ends..
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Herbert2020
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March 22, 2016, 02:55:08 PM |
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The halving is coming. Surely this would increase demand for Bitcoin? I am planning on buying as much BTC as possible ASAP and plan to sell it after the halving of block rewards. Do you think this is a good idea?
i am sure of one thing, the demand for bitcoin is going to increase in the future, which means only one thing: price rise. and this is not because of halving, so investing at this time is suggested. what i think about halving is that it is possible that the price is going to rise because of the expectation of the rise so again investing at this time is suggested but only based on this guess, not sure like the previous. |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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Junko
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March 22, 2016, 04:07:42 PM |
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I don' get it, why should demand for bitcoin increase because of this?
There will be a decreased supply of bitcoins entering the system relative to the demand. |
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pedrog
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March 22, 2016, 05:05:58 PM |
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I don' get it, why should demand for bitcoin increase because of this?
There will be a decreased supply of bitcoins entering the system relative to the demand. That's a drop in the ocean, currently there are more than 15 million bitcoins in the wild, global trading volume picking at almost 6 million bitcoins a day, less 1800 coins a day is irrelevant. |
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