panju1
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June 05, 2016, 09:45:47 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now The halving is an unpredictable event. Although many expect the price to rise, people could be in for a surprise after July 11.
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BitcoinSupremo
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June 05, 2016, 10:09:38 AM |
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Let me make a comparison since I have a degree in economics and am working in an economic environment(although not related to bitcoin)
For example if you have been attentional to the currency exchange section not here in the forum but in the world, like USD/EUR GBP/EUR GBP/USD etc you would notice a trend, the trend is even when we know the price will go up of a pair, their central authority like Federal Reserve does not let the dollar go up indefinitely because it can burn many investors who will say , oh I am not doing it anymore, so they leave a space even for those who have lost big and they try to go for the intended rise. US payroll data was the worst in more than 5 years so the USD got down, and many people will buy it and there is chance for the investors I described above so they don't quit.
Now back to bitcoin, I did the analyze above only to tell to people price of something whatever it is , cannot go always up or always down, there will always be some intervals when going up and also when going down. So don't get all the hopes in price going only up is what I want to say, but as we are in speculation thread, anything can happen with bitcoin price after the halving.
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Sukovsky
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June 05, 2016, 10:21:17 AM |
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The biggest short term effect will be the HYPE TRAIN. It will be before the halvening and it will be big. There will be a bubble and I will have to keep repeating this on and on because everyone is still talking about the halvening technicals. THIS IS NOT ABOUT TECHNICALS, THIS IS THE HYPE. THE HYPE.
SHUT UP!
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SilverPunk
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The Blockchain Evolution of Prediction Markets
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June 05, 2016, 10:33:41 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now Yes ,it depends on the way of thinking of an investors but as you've said it is both good for now..but in the end of the halving the effect of it will have a big start this will a big news for the new investors.
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d5000
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June 05, 2016, 10:36:55 AM |
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My answer would be "something between 1 and 3".
I expect that after the halving we'll see a correction. It can occur 1 day after, 1 day before, or even some weeks later.
Why? There are two possible effects. One is that most probably there will be some profit taking, because I'm not the only one that has this theory. That can even release a little panic. I don't think of a 50% drop but 20% are possible.
The second one can be that miners in the first month (July), until diff finds a new balance value, would be forced to sell all of their bitcoins to pay their bills. So there could be - paradoxically - a supply increase for a short time. I'm not sure if my thoughts here are correct, but I see it as a possibility.
But long-term I see Bitcoin in good shape, so after some turbulences I expect a rising price again.
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1Referee
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June 05, 2016, 10:41:37 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now The halving is an unpredictable event. Although many expect the price to rise, people could be in for a surprise after July 11. Some months ago when I looked at certain sites that give you an indication of when the block halving will start, it was showing the the halving would start somewhere around the end of Juli. Now it's 11 Juli which is 2 weeks shorter than it used to show. I personally am prepared for anything. If the price goes up a lot it will be good for me, but if the price start to tank heavily it will also be good for me. Either way, I'll make a good amount of money.
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jak1
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June 05, 2016, 10:59:18 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now Yes ,it depends on the way of thinking of an investors but as you've said it is both good for now..but in the end of the halving the effect of it will have a big start this will a big news for the new investors. I thnk halving will effect live earner. anyone who is doing jobs and work and getting paid in bitcoin. the halving will definitely make their payment reduced, and may they reduced to half.. although the payment will still be equal to same according to USD, but it still effect and when the price will reduce again, the bitcoin earner will realize their losts.
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zimmah
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June 05, 2016, 11:13:01 AM |
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the last time we had a halving, the price went up by 100 times over the course of 11 months.
the first peak was about 4 or 5 months after the halving
the second peak about 11 months after the halving (about half a year after the first peak).
After that we entered the longest bear market bitcoin has ever seen.
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buyinbtc
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June 05, 2016, 01:33:16 PM |
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Ok, so we re less then 3 months away from halving. It s going to be a very interesting period for crypto and what effects is it going to produce, it s still big time unclear.
Here are potential options:
1. nothing changes 2. the price doubles of more, current miners remain profitable and new generation of miners enters the game, the difficulty keeps rising 3. the price does not change, 90% of current miners become unprofitable, the difficulty drops big time, new generation of miners fills the gap. 4. the price drops due to false expectations, crypto slows down and eventually loses lots of people. Crypto dies.
What would you say we should expect?
first one, i don't think that nothing will change as price still will rise or will fall because of panic and amount of people that buys bitcoins, so price will have either to fall down or rise up and i don't think that other 3 are possible, i am positive and i think that price of bitcoin will rise by 25% atleast after halving and bitcoin won't die, miners won't leave their job too
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sempak
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June 05, 2016, 01:37:37 PM |
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effects will be felt when halving happens is the price increase bitcoin. I believe some people will be more brave save bitcoin. due to limited supply bitcoin bitcoin makes slightly reduced.
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parmatiya
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June 07, 2016, 06:42:25 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now The halving is an unpredictable event. Although many expect the price to rise, people could be in for a surprise after July 11. The price could rise to $600 during the halving time. Then if there is other good news, the price could spike.
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Piltover
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June 07, 2016, 07:25:19 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now Yes ,it depends on the way of thinking of an investors but as you've said it is both good for now..but in the end of the halving the effect of it will have a big start this will a big news for the new investors. It is hard to predict what the halving will bring to us but it wont change that much I think and that is because the value of Bitcoin will not rise that high. But it is now already rising slowly so that is nice, but you never know what will happen in the future with the value.
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pooya87
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Crypto Swap Exchange
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June 07, 2016, 07:31:23 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now Yes ,it depends on the way of thinking of an investors but as you've said it is both good for now..but in the end of the halving the effect of it will have a big start this will a big news for the new investors. It is hard to predict what the halving will bring to us but it wont change that much I think and that is because the value of Bitcoin will not rise that high. But it is now already rising slowly so that is nice, but you never know what will happen in the future with the value. bitcoin certainly has the potential to grow that much and reach all those numbers which may sound stupid right now but it can happen anyways. back in 2010-2011 nobody even though that bitcoin price can reach $1200 and you can actually find their topics here too but you can see how history has proven them wrong.
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Xember
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June 08, 2016, 07:03:38 AM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now The halving is an unpredictable event. Although many expect the price to rise, people could be in for a surprise after July 11. The price could rise to $600 during the halving time. Then if there is other good news, the price could spike. I think the price could be higher than $700 in August. The block size could be increase soon after halving.
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Getcoinsite
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June 08, 2016, 06:08:30 PM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now The halving is an unpredictable event. Although many expect the price to rise, people could be in for a surprise after July 11. The price could rise to $600 during the halving time. Then if there is other good news, the price could spike. I think the price could be higher than $700 in August. The block size could be increase soon after halving. Yes. I think the next catalyst for the price rise will be the block size increase. It can make transactions more smooth.
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michkima
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June 11, 2016, 01:33:11 PM |
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It depends if you want to invest into bitcoin on a long term or short term. For short term I wouldn't recommend it since it will take awhile before you start making profits but for the long term, I suggest you go for it. I wouldn't wait too long either to buy in if I was you.
i think its safe to say both short and long term investments could be profitable right now The halving is an unpredictable event. Although many expect the price to rise, people could be in for a surprise after July 11. The price could rise to $600 during the halving time. Then if there is other good news, the price could spike. I think the price could be higher than $700 in August. The block size could be increase soon after halving. Yes. I think the next catalyst for the price rise will be the block size increase. It can make transactions more smooth. After the increase, some big shops such as Ebay , Amazon can accept the bitcoin and users can have good experience.
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