Poll: Bitcoin Halving. Will Price go up or price go down?

[Searing]

The price is going to shoot right into outer orbit and we will be so rich there will be no need to work any more In reality I am expecting a modest increase to at least 50% and ideally doubling-up until the winter. By the way what do you mean by going sideways? Is this when the price doesn't change?

Yeah. Sideways in price range for longish timeframe. BTC imho seems to like sideways😁

[1715329352]

1715329352

[1715329352]

1715329352

[1715329352]

1715329352

[1715329352]

1715329352

[richardsNY]

I have voted for the option that the price will go down. The reason is very simple; What's left after the block halving that people can hold on to for the rest of this year? Nothing that can get the price to increase with at least $100.

[hasiramasenju]

i think It will go up but i can't predict the correct prices and although the prices will go up but might be still $600 below

[odolvlobo]

...btc supply swll be half...

... with decrease in supply. ...

... there will be less bitcoin supply. ...

The supply will not decrease with the halving. Surely, you can't believe that the supply is less now than before the previous halving four years ago, or that there will be no bitcoins for sale when the subsidy goes to 0 in 2140.

The money supply increases with every block, whether the block reward is 25 btc or 12.5 btc. More money available means more bitcoins for sale.

My prediction is that the upcoming Bitcoin halving will look just like the Litecoin halving last year: a speculative bubble that pops just before the halving, followed by a long period of very slowly rising prices.

[Searing]

The most are of course hoping that the value will be more worth and that is because they also think that the value will be more because it was already stable for a long time.
So there must be a time soon that it will rise so we can earn also some profit so that is perfect.

Again I think it is gonna do what LTC did when it halved last year. There will be a pump up and a bit after halving then it will level off to sideways in price

The fact that miners will dump 1/2 the coins into the market they did before and have the same expenses...SHOULD HAVE shot up price...but alas I still

think more mining and dumping and such then adoption...so again I think it will even out in the above. After the halving BTC price will not dump imho. But

it will not pump ether.  Heck from a long term point of view might even be better. How you gonna be the press and BTC hater and FUD the coin, if suddenly

it produces 1/2 of what it did before from mining without a drop in price.

Probably better then a bubble to 1000 for a few months and and a dump to 320 later..then climb its way back in 9 months to 1 year to current price.

Anyway I know zip at one time I drank the Butterfly Labs Kool Aid (people are screaming ...Ack!.....my eyes burn...he actually mentioned "that ...which shall not be named!)

So heck I'm as clueless as anyone else on wth is gonna happen say 1-2 months after halving ...when it all settles out. It would be
.
be nice to be dead wrong and BTC  pumps to $1000 and goes sideways from there thou I'd like my above 'sideways' view a lot better then

[Amph]

it will go up, because bitcoin is growing strong in the last year

so the real reason is more latent adoption, is occuring without no one even noticing it

[Junko]

The price will go up, down and sideways after the halving. But mostly, in general it will go up more than anything else.

[bitcoinhopper]

The chance is higher that the value is going to go up and that is because the value of the Bitcoin was already stable so that is nice for the Bitcoin but it have to.
And there are still many people that is waiting a long time and not everyone has such a long patience for it.

[freshman777]

Again I think it is gonna do what LTC did when it halved last year. There will be a pump up and a bit after halving then it will level off to sideways in price

There was already a BTC pump up, $220->$450, as in LTC last year. In BTC it happened earlier as everyone expected it to be pumped up based on what LTC did and so it happened earlier to outsmart the market's expectations. Seeing how no extra block capacity is coming to Bitcoin for at least another year it's mind-boggling how anyone can predict a pump up with full blocks upon us and new users disallowed to join unless old users send fewer transactions.

I voted for sideways. Maybe slightly upwards.

[Sandroxa]

The chance is higher that Bitcoin can reach a higher value and that is because it was already stable for a long time so there must be a time soon to rise and that would be nice.
But it is still hard to predict what is going to happen so we have just wait and see for what will happen.

[Herbert2020]

it think it would be possible that the price stays in the same range as it is now from $450 to $500 and become stable for a month even after the halving and after this period which will be accompanied by shakeouts of weak hands then the big rise comes.

[Kakmakr]

I am the forever optimist and I think the price will go to the moon very soon. The Halving is a significant event in 2016 and it will get a lot of media attention. Even if you are not a Bitcoin fanatic like us, you would hear about this event in some mainstream media. If some event caused the supply of gold to be halved, you will hear about that in the mainstream media and speculators and traders will stock up on that commodity.

We saw the same thing happening, when suppliers bought more hard drives after the floods happened in the cities where the manufacturing plants were located. They made some good profits during those few months, until the situation went back to normal.

[Pursuer]

the price will not go down, that is for sure.

but I think it can take some more time before the price of bitcoin really rises. it might continue down the current path though. the path of slowly rising and by the time of block halving the price can be around $500 but the rise that everybody is waiting for may come much later after the actual halving.

[maudevang]

It will go up but it will takes a long time until it will reach a higher value and we have to accept that, it is going to rise slowly so that is perfect for the users of Bitcoin.
It was a long time stable and that was a tough time because we cant earn on that moment money but the time will be soon that we can earn profit with it.

[lumeire]

The chance is higher that Bitcoin can reach a higher value and that is because it was already stable for a long time so there must be a time soon to rise and that would be nice.
But it is still hard to predict what is going to happen so we have just wait and see for what will happen.

We've been here before, although of course the price movements this time around would be different. IMO more likely the price would keep rising bit by bit till the month of the halving, then would jump like crazy before crashing down again after. A few months later we'll be down to where the price was 4 months ago. The cycle would then go again for the next 4 years. 

[NUFCrichard]

The price will rise leading up to the halving.  The smart money will get in early, then there will be a pump.
The dumb money will follow just before the halving, expecting a big rise after the event.

Just before the halving, the smart money will get out. the dumb money will wait for the rise and end up losing out.

Just my prediction

[fearlesscat10]

The price will rise leading up to the halving.  The smart money will get in early, then there will be a pump.
The dumb money will follow just before the halving, expecting a big rise after the event.

Just before the halving, the smart money will get out. the dumb money will wait for the rise and end up losing out.

Just my prediction

And how have you been trading lately in accordance to you prediction?

[DuckKeeper]

Of course everyone with Bitcoin is hoping for a nice halving but the bad thing is that we cant control it and that is the problem they should know that Bitcoin must keep stable.
And it was already stable for a long time so that is really bad so the time must now come to rise.

[BitHodler]

It will go up slightly and maybe even attempt to touch $500 but not more than that.

Especially if the price right now drops a bit further then it will make it even harder for the price to go $500.

[Searing]

Sideways IMHO...is looking more likely with the btc haters....seeing ethereum as an alternative to btc and now latching on to the coinbase annoucement that they are going to trade ethereum...(hey ...they...could be right.. could be enough 'we hate btc folk that bought all the years of press FUD the btc is 'evil' and thinking btc as an alternative buy is out so fomo so go with ethereum movement' to kick the ethereum price up to 20 bucks maybe...no clue.....etherum the trump of crypto..I'm completely befuddled....anyway imho) (note to self: people are 'silly')

Anyway ..so sideways is looking more likely after the halving imho ..sucks to think such ..but that is where I am at.....


Again hope to be dead,dead,dead wrong.....