sorry what is halving the price will rise e or reduce?

[romero121]

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

Halving will halve block reward for miners by half, so that means that miners will earn less money from mining and it can even be unprofitable

So to get profit, price will have to rise, i think that it will rise to 800$ or so atleast, so miners won't leave their jobs, also halving will happen in July

Yes i agree to it we need to raise the value of bitcoin so that all miners will gain profit if there would be a reduce in miners then that would mean a slower confirmation on our transaction is that is bad for bitcoin users.

We can't make anything to rise the value of bitcoin. Only we users can make speculations, this might lead the price towards the rising side.

[1714882375]

1714882375

[SiNeReiNZzz]

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

the price will rise... because the miners become not more 25BTC blockreward, rather 12,5BTC... i think its safe...

[Amph]

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

the price will rise... because the miners become not more 25BTC blockreward, rather 12,5BTC... i think its safe...

the price will not rise because the block will go from 25 to 12, but for other possible reason like hype, lie miner manipulation because no more profit etc...

[Hellacopter]

I think the Bitcoin's price will rise after the halving event, at least that's the prediction of the most Bitcoin's users till now. But of course there is a small chance that the price reduce as well.

[DashCoinDark]

I think the Bitcoin's price will rise after the halving event, at least that's the prediction of the most Bitcoin's users till now. But of course there is a small chance that the price reduce as well.

I think the price will go up a little or stay the same. Right now i am not buying extra for a potential price rise.
Things are too complicated to determine if and how much the price will rise.

[SquallLeonhart]

I think the Bitcoin's price will rise after the halving event, at least that's the prediction of the most Bitcoin's users till now. But of course there is a small chance that the price reduce as well.

We don't know what will be the exact scenario at the time of halving, but majority of us have a belief that price will rise at the time of halving, so lets hope everything goes fine with it.

[zimmah]

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

The halving refers to the mining reward.   

Basically, every 10 minutes (approximately) a new block is mined, the miner who find the block gets a reward of bitcoins (on top of all the fees of the transactions).

Originally, this mining reward was 50 bitcoin. But every 4 years (approximately) the reward will half. The expectation is that by the time the rewards become low, bitcoin will be used enough so that the transaction fees alone would be worth much more than the block rewards, so that miners still have an incentive to keep mining.         

An expected effect of the reward halving is that bitcoin becomes more valuable, because mining becomes less profitable, so miners either need to sell their bitcoins for a higher price to make more profit (because for the same amount of energy spent, they now get roughly half the bitcoin), get more efficient miners or shut down their business.     

Since miners have a large effect on the price (because most miners sell a lot of bitcoin to keep paying their electricity bills) if miners are forced to sell for higher prices to remain profitable, this should drive the price up.     

As long as miners still mine a relatively large % of bitcoin (relative to the total amount in circulation) this effect should be pretty large, but the effect will get smaller once nearly all bitcoins have been mined.

[eddyubachs]

I think the Bitcoin's price will rise after the halving event, at least that's the prediction of the most Bitcoin's users till now. But of course there is a small chance that the price reduce as well.

We don't know what will be the exact scenario at the time of halving, but majority of us have a belief that price will rise at the time of halving, so lets hope everything goes fine with it.

We cannot judge anything at a moment, it can fall back as anything is possible, and to predict anything about the price of bitcoin is simply impossible.

[zimmah]

We already had one halving 4 hears ago.  So just go back and look at the charts.

It's impossible to compare the state of BTC 4 years ago to that of today.  Back then it was still in the cult following phase, whereas now it has broken into the mainstream (and not with the best reputation at the moment.).

it's not mainstream, not even close.

if it will ever get mainstream (as in, at least 50% of the western world uses it regularly) the price would be at least $100,000 per bitcoin, could be even much higher depending on how many people use it and how frequently they use it.

right now, not even 1% uses it.

[Lintel]

The halving will reduce the supply of the new bitcoins, so if the demand is the same, the price will rise.

[Mr. Big]

The halving will reduce the supply of the new bitcoins, so if the demand is the same, the price will rise.

Well said...that's the right idea about the halving... supply would only be half the supply of this past years...If demand is still the same, the price would increase..

[mp420]

The halving won't do jack to price but it might make mining less profitable and used miner hardware very cheap on the market. Unless fees rise to compensate, but fees would have to rise quite a bit before they approach the same level as the reward. We might see fee/reward parity at the next halving, or the one after that.

[Altcoinsupporter]

I personally think that the value keeps stable in the halving and that is because you also already can see that the value is stable and I know we all dont like it.
But we have to accept it and just dont be mad otherwise you are going to sell it too early and that would be bad for you because then you are losing money and that is bad.

So please wait a little longer and wait for a nice price increase so you can sell it later with huge profit.

[Piltover]

The halving will let the block size halve and let the price most likely rise because the block sizing is halving.
If you just hold your bitcoins you will make profit if everything goes like it has been planned.

[Lintel]

The halving will let the block size halve and let the price most likely rise because the block sizing is halving.
If you just hold your bitcoins you will make profit if everything goes like it has been planned.

The block reward halving will reduce the new supply of the bitcoins, so the price will rise as the supply will reduce.

[rekinthis]

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

halving means that block rewards will be halved, so miners will get less money from bitcoins and maybe it will be unprofitable for them so they will leave their jobs so price will have to rise


so price will rise and some people predicts that price will rise to 1200$ but i think that we will be pretty lucky if price will rise to 900$ as there will be a lon of people that will sell bitcoins

[pereira4]

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

halving means that block rewards will be halved, so miners will get less money from bitcoins and maybe it will be unprofitable for them so they will leave their jobs so price will have to rise


so price will rise and some people predicts that price will rise to 1200$ but i think that we will be pretty lucky if price will rise to 900$ as there will be a lon of people that will sell bitcoins

There are a lot of people that will indeed panic sell hard, specially those that bought around the 700-900 area, but there will be a lot more people buying due fear of missing out aka FOMO. This is inevitable because this time Bitcoin is way more matured than it was back in the MtGox days, which would put the next ATH at anything around 4000 USD.

[Lintel]

so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

halving means that block rewards will be halved, so miners will get less money from bitcoins and maybe it will be unprofitable for them so they will leave their jobs so price will have to rise


so price will rise and some people predicts that price will rise to 1200$ but i think that we will be pretty lucky if price will rise to 900$ as there will be a lon of people that will sell bitcoins

It depends on the demand of the new coins. If there is no new demand, the price will actually drop.

[nasi]

there are some who buys and sells after 10% high.

[Sniper44]

there are some who buys and sells after 10% high.

they are many who are buying and selling right now, what's your point?