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Author Topic: 49 days till the halving, time is flying now  (Read 9521 times)
Bitcoinpro (OP)
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May 22, 2016, 10:38:30 AM
 #1

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

will add a hefty fee to make sure it gets through

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May 22, 2016, 11:21:34 AM
 #2

as we draw closer to the halving ive noticed a distinct drop in anti-bitcoin threads

seems like going against the tide is not worth their time or effort for now

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May 22, 2016, 11:27:21 AM
 #3

as we draw closer to the halving ive noticed a distinct drop in anti-bitcoin threads

seems like going against the tide is not worth their time or effort for now


naw they are just pumping ethereum now imho

49 days from halving..still going sideways....consistency......(silly miner hobby I have)

yeah they say we need the price to double or some big miners are gonna 'get out' and likely have their IPO investors eat it (hint: knc)

IF we don't see the 'anticipated' price jump in BTC price.


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May 22, 2016, 11:29:29 AM
 #4

It's the final countdown . Hopefully, everything should go as should be . (Price increase + no panic selling => everyone is happy) .
Our future is on the hands on the miners at the moment . If they don't stop mining we are fine .

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May 22, 2016, 11:33:09 AM
 #5

I don't expect we will see huge price increase right after halving will hit us. It won't be sudden price spike and 100% increase as many people believe it to be.
Market will react slowly and will correct itself slowly, it will take couple months or maybe even more for us too see real impact of halving.


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May 22, 2016, 11:33:23 AM
 #6

Electricity costs next to nothing in some parts of the world, people know to rig electricity meters. The big miners will not be switching off. Arguably it'd be a good thing if smaller scale miners gave up as it just limits supply of couns even more = higher prices.

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May 22, 2016, 11:35:32 AM
 #7

as we draw closer to the halving ive noticed a distinct drop in anti-bitcoin threads

seems like going against the tide is not worth their time or effort for now


naw they are just pumping ethereum now imho

49 days from halving..still going sideways....consistency......(silly miner hobby I have)

yeah they say we need the price to double or some big miners are gonna 'get out' and likely have their IPO investors eat it (hint: knc)

IF we don't see the 'anticipated' price jump in BTC price.



prices are so inflated for miners how could they possibly be struggling to turn a profit

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May 22, 2016, 11:51:49 AM
 #8

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

will add a hefty fee to make sure it gets through

its short time,just 1 month later,its time to buy?or stay calm with take cofee and watching bitcoin price movement?
i dont think people will exicted in first day or first week halving,and exchange will maintance maybe,anyone agree with me?

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May 22, 2016, 11:53:31 AM
 #9

we have found a feedback loop miners should be wary about

when the halving occurs, equipment prices decrease and

mining power surges with a leap in network strength futher

diluting mining returns, most likely this guarentees a

big jump in btc price, because the negative effects on

mining is actually greater than 50%

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May 22, 2016, 11:55:26 AM
 #10

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

will add a hefty fee to make sure it gets through

its short time,just 1 month later,its time to buy?or stay calm with take cofee and watching bitcoin price movement?
i dont think people will exicted in first day or first week halving,and exchange will maintance maybe,anyone agree with me?

If you want to earn good profits from bitcoin then you need to wait for next few months of halving, as price will go much higher after halving.
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May 22, 2016, 11:57:27 AM
 #11

as we draw closer to the halving ive noticed a distinct drop in anti-bitcoin threads

seems like going against the tide is not worth their time or effort for now


naw they are just pumping ethereum now imho

49 days from halving..still going sideways....consistency......(silly miner hobby I have)

yeah they say we need the price to double or some big miners are gonna 'get out' and likely have their IPO investors eat it (hint: knc)

IF we don't see the 'anticipated' price jump in BTC price.



prices are so inflated for miners how could they possibly be struggling to turn a profit



 lot of the big miner farms like KNC built on the assumption that BTC prices could never fall below $650 usd. They also bet on 'cloud hosting mining'

So yeah with 1/2 the payout in BTC and the same power and expenses a few could  pull the plug if the price of BTC does not significantly rise to compensate


http://qntra.net/2016/02/kncminer-cuts-of-20-of-employees/



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May 22, 2016, 11:57:33 AM
 #12

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

will add a hefty fee to make sure it gets through

its short time,just 1 month later,its time to buy?or stay calm with take cofee and watching bitcoin price movement?
i dont think people will exicted in first day or first week halving,and exchange will maintance maybe,anyone agree with me?

If we all try to become famous by getting in the halving block their will be a price explosion

my mining fee is going to be big im not missing out on this,  site should also get ready

for an incredible surge in traffic

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May 22, 2016, 12:22:24 PM
 #13

We can't be 100% sure with what is a about to come after halving. I am just feeling excited and anticipating. Hopefully, it will just be the same as the first halving. Smiley

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May 22, 2016, 12:30:47 PM
 #14

It's the final countdown . Hopefully, everything should go as should be . (Price increase + no panic selling => everyone is happy) .
Our future is on the hands on the miners at the moment . If they don't stop mining we are fine .

It there will be panic sell it gonna happen in next 2 - 3 weeks. Later of course slowly and stable price growth.. Wink
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May 22, 2016, 12:36:28 PM
 #15

It's the final countdown . Hopefully, everything should go as should be . (Price increase + no panic selling => everyone is happy) .
Our future is on the hands on the miners at the moment . If they don't stop mining we are fine .

It there will be panic sell it gonna happen in next 2 - 3 weeks. Later of course slowly and stable price growth.. Wink

I do not think there will be panic sell or panic buy. If the price drops below $400, I will buy a lot of it.
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May 22, 2016, 12:39:09 PM
 #16

We can't be 100% sure with what is a about to come after halving. I am just feeling excited and anticipating. Hopefully, it will just be the same as the first halving. Smiley

Since may people speculate that bitcoin surely will increase it's value when it reach halving.
Hope it reach more than $ 1000 / btc

It's the final countdown . Hopefully, everything should go as should be . (Price increase + no panic selling => everyone is happy) .
Our future is on the hands on the miners at the moment . If they don't stop mining we are fine .

It there will be panic sell it gonna happen in next 2 - 3 weeks. Later of course slowly and stable price growth.. Wink

I do not think there will be panic sell or panic buy. If the price drops below $400, I will buy a lot of it.

You're putting your faith on bitcoin forever  Smiley
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May 22, 2016, 12:44:20 PM
 #17

as we draw closer to the halving ive noticed a distinct drop in anti-bitcoin threads

seems like going against the tide is not worth their time or effort for now


yeah, now it is time to celebrate and not to flame  Cool

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May 22, 2016, 12:45:35 PM
 #18

I'm also eagerly awaiting the second halving. A lot of Bitcoiners seem to think that the halving will lead to immediate price increases. Personally I'm quite skeptical: Since everybody knows about the effect of the halving it should be already priced in. Nonetheless it's somehow exciting to see an algorithm at work that generates immediate financial consequences.

So for me the halving is first and foremost a great opportunity to simply celebrate the birth of Bitcoin with a beer or two... Smiley

ya.ya.yo!

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May 22, 2016, 12:55:00 PM
Last edit: May 22, 2016, 01:54:53 PM by Amph
 #19

nothing will happen at the halving, at this point i'm expecting something major later this year or even early 2017
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May 22, 2016, 12:57:55 PM
 #20

nothing will happen at the halving, at this point i'm expecting somethign major later this year or even early 2017

or 2020 - after the halving is before the halving  Tongue

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