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Author Topic: 49 days till the halving, time is flying now  (Read 9521 times)
blackmachinegun
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June 18, 2016, 11:01:34 AM
 #141

the halving is getting closer and closer. i just cant wait Cheesy
This is precisely the time that people feared. when halving increasingly come. perhaps there will be many sites to be a scam. because they stole a number of bitcoin then sell. and when halving ends. I'm afraid if the price drops very deep
hopefully it does not happen
BitHodler
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June 18, 2016, 11:10:36 AM
 #142

the halving is getting closer and closer. i just cant wait Cheesy
This is precisely the time that people feared. when halving increasingly come. perhaps there will be many sites to be a scam. because they stole a number of bitcoin then sell. and when halving ends. I'm afraid if the price drops very deep
hopefully it does not happen
The price will definitely drop as soon as the block halving has been completed.

Right now it's mainly the hype and excitement around the block halving that is driving the price to these levels.

It's more than normal that everything will come down as there is not much anymore to aim for as people see the block halving as "the happening of the year".

BSV is not the real Bcash. Bcash is the real Bcash.
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June 18, 2016, 11:17:22 AM
 #143

Can someone explain why the halving is necessary? Why is it designed so halve every x years?
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June 18, 2016, 11:23:40 AM
 #144

the halving is getting closer and closer. i just cant wait Cheesy
This is precisely the time that people feared. when halving increasingly come. perhaps there will be many sites to be a scam. because they stole a number of bitcoin then sell. and when halving ends. I'm afraid if the price drops very deep
hopefully it does not happen
Some people saying price will be increased may be doubled...already bitcoin price increased a lot recently..some say it will go down..just have to wait and see what changes that brings to bitcoin price
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June 18, 2016, 11:38:48 AM
 #145

Can someone explain why the halving is necessary? Why is it designed so halve every x years?

The decreasing-supply algorithm (Halving) was chosen because it approximates the rate at which commodities like gold are mined. (Finite supply currency)

And it's done every 210,000 blocks, or approximately 4 years.
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June 18, 2016, 11:51:10 AM
Last edit: June 18, 2016, 12:08:15 PM by simplelife888
 #146

People say so many things about helving some of people say bitcoin price will rise  so much and some of people say halving is started and because of bitcoin price is rising  and some of people say halving time didnt start  ? which one is true i dont know but there are almost three weeks we will see what will happen to bitcoin
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June 21, 2016, 11:23:44 AM
 #147

Somebody offering multiplication lol http://pastebin.com/9MRVDC9h
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June 21, 2016, 11:28:28 AM
 #148

Interesting will be the changes in price of Bitmains S9 miners. Im pretty sure it the price is also "halving" within the next few months  Wink

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chineseprancing
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June 21, 2016, 11:50:49 AM
 #149

im going to try to buy a beer in the first block

will add a hefty fee to make sure it gets through

Its almost 18 days from now, and i feel that it is super near, But the bitcoin price has reduced yesterday. But it would fly up again in bitcoin halving
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June 21, 2016, 12:11:57 PM
 #150

But the bitcoin price has reduced yesterday.

Have a look at the chart from today  Smiley
Down, down and down it goes!

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cambda
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June 21, 2016, 12:18:10 PM
 #151

But the bitcoin price has reduced yesterday.

Have a look at the chart from today  Smiley
Down, down and down it goes!
this price dump isn't permanent, another pump will start soon to take it to $900 before end of this month
relq
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June 21, 2016, 12:27:18 PM
 #152

But the bitcoin price has reduced yesterday.

Have a look at the chart from today  Smiley
Down, down and down it goes!
this price dump isn't permanent, another pump will start soon to take it to $900 before end of this month

I hope it will happen soon. But, looking the price of bitcoin now, it's really scary though. Huge down today and it will hard to make the price increase again.
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June 21, 2016, 01:54:06 PM
 #153

But the bitcoin price has reduced yesterday.

Have a look at the chart from today  Smiley
Down, down and down it goes!
this price dump isn't permanent, another pump will start soon to take it to $900 before end of this month

I think the price of Bitcoin will top out at around $800 after the halving in the best case scenario because this will be almost a 100% increase considering the starting price was around $400-$450. I was hoping we would see a price of upwards $1000 but I fear this won't be the case after the halving but perhaps we will reach that milestone in the winter or early next year. We need to be positive and keep on holding our coins in order to avoid a panic sell and the imminent crash of the Bitcoin market.
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June 21, 2016, 03:10:11 PM
 #154

The most people are hoping that the value will jump in the halving and that is because you have to know that the value of Bitcoin already started to rise so that is perfect.
But it will be hard to know what will happen in the halving because it is almost impossible to predict Bitcoin.
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June 21, 2016, 03:14:53 PM
 #155

The most people are hoping that the value will jump in the halving and that is because you have to know that the value of Bitcoin already started to rise so that is perfect.
But it will be hard to know what will happen in the halving because it is almost impossible to predict Bitcoin.

Today i read that predictions of price after halving are even up to $3000 .. with this dumps i'm not sure..

To be honest, i will be happy if till December Bitcoin price will reach $1000 Wink
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June 21, 2016, 04:19:42 PM
 #156

The most people are hoping that the value will jump in the halving and that is because you have to know that the value of Bitcoin already started to rise so that is perfect.
But it will be hard to know what will happen in the halving because it is almost impossible to predict Bitcoin.

Today i read that predictions of price after halving are even up to $3000 .. with this dumps i'm not sure..

To be honest, i will be happy if till December Bitcoin price will reach $1000 Wink
$3,000 sounds way to insane.
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June 21, 2016, 04:28:01 PM
 #157

Time is flying but the price isn't, I'm a bit surprised a bit today when i saw that the bitcoin price has been decreased for -$90 which isn't a small amount. Don't know if is the right moment to sell but things are going bad, the charts now have become all red.

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June 21, 2016, 04:32:07 PM
 #158

Time is flying but the price isn't, I'm a bit surprised a bit today when i saw that the bitcoin price has been decreased for -$90 which isn't a small amount. Don't know if is the right moment to sell but things are going bad, the charts now have become all red.

Exactly, but I think you should not sell now, but you should wait for some more time, as majority of users have a feeling that price will again start to rise as we get near to halving.

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June 21, 2016, 04:35:15 PM
 #159

Well,it's 19 days to halving now and BTC has corrected 10% from the high. It's going to be pretty exciting and nerve-wracking to watch the vol over the next 3 weeks

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June 21, 2016, 09:32:04 PM
 #160

But the bitcoin price has reduced yesterday.

Have a look at the chart from today  Smiley
Down, down and down it goes!
this price dump isn't permanent, another pump will start soon to take it to $900 before end of this month

I hope it will happen soon. But, looking the price of bitcoin now, it's really scary though. Huge down today and it will hard to make the price increase again.
The value is continuously dropping though. I'm not sure if this is because bitfinex because that's what statistics are saying. Bitfinex contributed to the plunge of bitcoin value. Well, I do hope that the price would go back up to ~$750 again. That'd be really great.
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