The Halvening

[Compa]

The halving will be profitable for us all and I think we can make a lot of money with just the halving right now.
Its very nice to have the halving near its gonna be very profitable.

The block halving still 2 day left
but the price of bitcoin is down today. I guess after the block halving the price of bitcoin will rise.

[Pencila]

The halving will be profitable for us all and I think we can make a lot of money with just the halving right now.
Its very nice to have the halving near its gonna be very profitable.

The block halving still 2 day left
but the price of bitcoin is down today. I guess after the block halving the price of bitcoin will rise.

The price could drop for a few more days, then it might rise after the halving. The whales are getting more coins.

[MingLee]

The halving will be profitable for us all and I think we can make a lot of money with just the halving right now.
Its very nice to have the halving near its gonna be very profitable.

The block halving still 2 day left
but the price of bitcoin is down today. I guess after the block halving the price of bitcoin will rise.

The price could drop for a few more days, then it might rise after the halving. The whales are getting more coins.

The whales are 100% getting more coins right now, there's no way that the market just happens to be propped up at $620 after a relatively astounding dump just hours earlier.

I kind of wish I know what the lives of these whales was/is like. Are they high-up white-collar workers or CEOs that got involved, or are they stock brokers or day traders that are also involved with Bitcoin and just have that much more money available? They seem so much larger than life.

[Batelk]

The halving will be profitable for us all and I think we can make a lot of money with just the halving right now.
Its very nice to have the halving near its gonna be very profitable.

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

[odolvlobo]

The halving will be profitable for us all and I think we can make a lot of money with just the halving right now.
Its very nice to have the halving near its gonna be very profitable.

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

The supply is not reduced. It increases toward 21 million with every block.

[Batelk]

The halving will be profitable for us all and I think we can make a lot of money with just the halving right now.
Its very nice to have the halving near its gonna be very profitable.

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

The supply is not reduced. It increases toward 21 million with every block.

The daily supply of the new coins are reduced, or you can say the rate of the new bitcoin growth reduces.

[odolvlobo]

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

The supply is not reduced. It increases toward 21 million with every block.

The daily supply of the new coins are reduced, or you can say the rate of the new bitcoin growth reduces.

I see that you have a full understanding, but "daily supply" is a poor term because the supply of bitcoins each day includes all bitcoins in existence, and not just the ones produced that day.

"Production" is a better term than "supply of the new coins" because it is more accurate and accepted, and it isn't as confusing.

[cooldgamer]

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

The supply is not reduced. It increases toward 21 million with every block.

The daily supply of the new coins are reduced, or you can say the rate of the new bitcoin growth reduces.

I see that you have a full understanding, but "daily supply" is a poor term because the supply of bitcoins each day includes all bitcoins in existence, and not just the ones produced that day.

"Production" is a better term than "supply of the new coins" because it is more accurate and accepted, and it isn't as confusing.

It could go both ways, as the coins mined are the only 'supply' to the miners trying to make money.  Really it just comes down to semantics.

Anyway, I've been saying that nothing much was going to happen to the price for a while.  Everybody knew when the halving was going to happen and bought coins accordingly, so there really was nobody to make the price go up when it actually happened.  I could see it potentially being something that helps the price slowly grow to a point that the bull market takes over on it's own, but not something that's going to shoot us into a new bubble without any hype.

We're also going to need to overcome all the people that overbought BTC in preparation for it and are waiting for a good point to cash out.  The second we hit a landmark amount like 700, there's going to be a lot of sells from people just trying to make a quick buck.  Only after we overcome that can we actually discuss a huge price raise.

[Batelk]

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

The supply is not reduced. It increases toward 21 million with every block.

The daily supply of the new coins are reduced, or you can say the rate of the new bitcoin growth reduces.

I see that you have a full understanding, but "daily supply" is a poor term because the supply of bitcoins each day includes all bitcoins in existence, and not just the ones produced that day.

"Production" is a better term than "supply of the new coins" because it is more accurate and accepted, and it isn't as confusing.

That is right. When the bitcoin price rises, some holders will be attracted to sell their coins, that will increase the circulation.

[Sweetbtc]

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

The supply is not reduced. It increases toward 21 million with every block.

The daily supply of the new coins are reduced, or you can say the rate of the new bitcoin growth reduces.

I see that you have a full understanding, but "daily supply" is a poor term because the supply of bitcoins each day includes all bitcoins in existence, and not just the ones produced that day.

"Production" is a better term than "supply of the new coins" because it is more accurate and accepted, and it isn't as confusing.

That is right. When the bitcoin price rises, some holders will be attracted to sell their coins, that will increase the circulation.

It  actually reach $650; in any case it should at least be double to what the miners where earning before. And yea it shouldn’t be much of concern if the pay rate is still the same; but if it goes to around $900 I bet that actually compensates for the halving and the mining difficulty.

[Ayers]

The halving will take its effect in the next few months or years. The price will rise due to the reduced supply.

The supply is not reduced. It increases toward 21 million with every block.

The daily supply of the new coins are reduced, or you can say the rate of the new bitcoin growth reduces.

I see that you have a full understanding, but "daily supply" is a poor term because the supply of bitcoins each day includes all bitcoins in existence, and not just the ones produced that day.

"Production" is a better term than "supply of the new coins" because it is more accurate and accepted, and it isn't as confusing.

That is right. When the bitcoin price rises, some holders will be attracted to sell their coins, that will increase the circulation.

It  actually reach $650; in any case it should at least be double to what the miners where earning before. And yea it shouldn’t be much of concern if the pay rate is still the same; but if it goes to around $900 I bet that actually compensates for the halving and the mining difficulty.

weren't miners earning on $450 before the halving? therefore it need to be $900 for them to be sustainable, but they also have a better efficiency now with antmier s9, so maybe 600-700ish is enough for them

[odolvlobo]

It  actually reach $650; in any case it should at least be double to what the miners where earning before. And yea it shouldn’t be much of concern if the pay rate is still the same; but if it goes to around $900 I bet that actually compensates for the halving and the mining difficulty.

weren't miners earning on $450 before the halving? therefore it need to be $900 for them to be sustainable, but they also have a better efficiency now with antmier s9, so maybe 600-700ish is enough for them

... except that you can't ignore difficulty, or even assume that it will be constant.

[bitdumper]

your intensions on halving are not very good its because you have some misknowledge about halving. halving does not increase the bitcoin price its just halfs the block rewards which miners are getting for every block

[Batelk]

your intensions on halving are not very good its because you have some misknowledge about halving. halving does not increase the bitcoin price its just halfs the block rewards which miners are getting for every block

The halving will reduce the supply of the new coins. If the demand is the same, the price of all the coins will rise.

[Xester]

your intensions on halving are not very good its because you have some misknowledge about halving. halving does not increase the bitcoin price its just halfs the block rewards which miners are getting for every block

The halving will reduce the supply of the new coins. If the demand is the same, the price of all the coins will rise.

This year's halvening is very disappointing, though it's good that weeks before the halving the price kick happened but during halving there was no increase in price of bitcoin. Moreover the latest hacking in bitfinex has made a price deflation on the màrket and no one know when will it increase. Maybe when Kim will launch his bitcache then that's the time bitcoins price will inflate.

[Doamader]

your intensions on halving are not very good its because you have some misknowledge about halving. halving does not increase the bitcoin price its just halfs the block rewards which miners are getting for every block

The halving will reduce the supply of the new coins. If the demand is the same, the price of all the coins will rise.

This year's halvening is very disappointing, though it's good that weeks before the halving the price kick happened but during halving there was no increase in price of bitcoin. Moreover the latest hacking in bitfinex has made a price deflation on the màrket and no one know when will it increase. Maybe when Kim will launch his bitcache then that's the time bitcoins price will inflate.

The halving price were the real one and not what the most were expecting that should be bitcoin reach 800 dollars and find support there, people didnt saw the facts, bitcoin were at 250-300 dollars, soo halving price is around those, at 2020 i do believe 900-1000 dollars will be the new value.

[shane]

how can the poor people turn into rich because of using of bitcoin if they don't have a budget to invest on bitcoin maybe they can earn it but it is not so big  btw sorry i forgot you are just dreaming about the world where their worlwide currency is bitcoin 

truly a strange dream, when the poor become rich and the rich become poor, should the rich became richer, because they have obviously been holding bitcoin and invest in it. while the poor may only hold a small amount and can not become rich just

[salmanahmedone]

Statistics for the previous halving show that the value of the Bitcoin doubled to become $400 and as you can see now, it has gradually increased to $650. So statistically speaking it should reach to $800+ after the halving a continue to increase till the next halving.

[salmanahmedone]

Also If you say it would hit as low as $300 then a lot of miners would probably stop cause that means their payment just got halved, why would they continue? That being the case, bitcoin circulation would be more difficult.

[shinratensei_]

Also If you say it would hit as low as $300 then a lot of miners would probably stop cause that means their payment just got halved, why would they continue? That being the case, bitcoin circulation would be more difficult.

That's just a simple answer because for defining doing the mining is not profitable in this time a lot of people just considering from 1 perspective and they're not considering from the another reason from halving.