aso118
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May 22, 2016, 01:36:46 PM |
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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... ya.ya.yo! You can celebrate on Bitcoin pizza day too. You don't need a reason to drink beer!!
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Bitcoinpro (OP)
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May 22, 2016, 01:45:04 PM |
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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.. panic sell in next 2 to 3 weeks hahaha
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Bitcoinpro (OP)
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May 22, 2016, 01:52:42 PM |
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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 yep u just made me realize they own a tonne of bitcoin I guess I kinda assumed this ie traders ,, but now we know for sure I also though it might have been fiat printers though we can rule this out now, it's just increased my forecast of higher halving prices since whales don't traditionally dump excessively and exchanges have to be careful of leverage
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robelneo
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May 22, 2016, 02:38:34 PM |
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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 .
I don't think they will stop mining at this point of time this is the time that they want to mine non stop because after this they will take a good rest after all these years but I am sure they will redirect their equipment to ine some other coin..
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BitcoinPC
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May 22, 2016, 02:59:32 PM |
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Only 49 days are left in halving and the bitcoin price has again gone back to less than $450. I wonder what will happen on halving ? Will the price will rise as per the expectation to $1000 or we all be disappointed this time. No one has clue now what is gonna happen.
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Bitcoinpro (OP)
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May 22, 2016, 03:08:53 PM |
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Only 49 days are left in halving and the bitcoin price has again gone back to less than $450. I wonder what will happen on halving ? Will the price will rise as per the expectation to $1000 or we all be disappointed this time. No one has clue now what is gonna happen.
Last halving price exploded
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thejaytiesto
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May 22, 2016, 03:38:42 PM |
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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 .
If we have a wave of panic selling idiots, it will still be good news to anyone with an intelligent (aka long term) stance on Bitcoin. It just means we get to buy Bitcoin at a discount. If everything goes as expected, then it's just relax and hold as your wealth goes up. Can't lose with team Bitcoin.
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crazyivan
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May 22, 2016, 03:45:49 PM |
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About two more week until we see first price movements. I expect $600 just after the halving.
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Bitcoinpro (OP)
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May 22, 2016, 03:51:02 PM |
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to me it seems like rational exuberance the release rate is halving after all
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Jeremycoin
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May 22, 2016, 03:53:36 PM |
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That's why we need to prepare for the halving, as you know the time goes fast. If you not prepare enough til the halving, you may regret later.
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Bitcoinpro (OP)
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May 22, 2016, 03:57:37 PM |
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That's why we need to prepare for the halving, as you know the time goes fast. If you not prepare enough til the halving, you may regret later.
and remember literally every thing is a scam besides Bitcoin
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LiteCoinGuy
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May 22, 2016, 04:08:29 PM |
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That's why we need to prepare for the halving, as you know the time goes fast. If you not prepare enough til the halving, you may regret later.
and remember literally every thing is a scam besides Bitcoin and Litecoin ----- last time the BTC price went from 8 to 13 USD (roughly) before the event and 4 months later it was at 260 USD. not bad.
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Kprawn
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May 22, 2016, 04:20:21 PM |
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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. The first Halving were not that impressive, so I would rather see a price, sky rocket building up to the Halving. The ETH pumpers has made it easier for us to buy cheaper coins now, and we can make even bigger profits now, if we can buy very low. I just hope the price do not drop too low, because it will be hard for the people who bought at a higher price to re-coop their losses. There are still people who bought at $800 - $1000 and they might be still waiting to break even, since then.
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Akupuniard
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May 22, 2016, 04:23:16 PM |
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Everybody exited , everybody waitign and hope that profit is real. I am also waiting for it and counting every day till halving comes.
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kik1977
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May 22, 2016, 04:36:45 PM |
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Will the price will rise as per the expectation to $1000
Expectations of who?
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We are like butterflies who flutter for a day and think it is forever
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Searing
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May 22, 2016, 04:38:37 PM |
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Will the price will rise as per the expectation to $1000
Expectations of who? heh my 'expectaions of halving' sideways in price.....btc LOVES sideways......don't ya know..which if you think of it still is not tragic in that 1/2 the amount of coin you can make just went 'poof' but your mining expenses and equip you previously purchased etc etc stay the same. So hell it floats I guess under that view
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bob123
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May 22, 2016, 04:40:41 PM |
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Lets see how the price will behave 1 week before halving :>
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kik1977
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May 22, 2016, 04:45:35 PM |
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Will the price will rise as per the expectation to $1000
Expectations of who? heh my 'expectaions of halving' sideways in price.....btc LOVES sideways......don't ya know..which if you think of it still is not tragic in that 1/2 the amount of coin you can make just went 'poof' but your mining expenses and equip you previously purchased etc etc stay the same. So hell it floats I guess under that view Obviously if supply and demand mean anything, the shortage of supply would increase the demand. But there are so many other factors here.. miners selling some bitcoins they had put aside to face the shortage? Declining interest in bitcoin compared to Ether? Or maybe an increase in interest due to media coverage? We will see, but I don't expect any immediate and sudden reaction to the halving.
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The Sceptical Chymist
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May 22, 2016, 04:51:25 PM |
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Yeah nothing is really happening as far as price action goes, and it's actually moved down just recently. I do think a lot of the money thatmight be used to support bitcoin is being used to speculate in eth, lisk, and some other hot altcoins. The whole shebang is a fairly small market and there's definitely a limited amount of money that's being invested.
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amacar2
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May 22, 2016, 04:54:51 PM |
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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.
This will make mining centralized to big miners, i think multiple small miners should continue mining if we like to limit the supply and see rise in price. Even the current price will be profitable for big miners so they will not hold rather sell just after mining block.
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