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Author Topic: Does the next halving really matter that much?  (Read 9969 times)
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June 27, 2016, 05:45:40 PM
 #101

Halving, prize for solving block will be cut on half, so after halving 12.5 btc will be prize for that. So you see this 4 years every block was 25, so we can expect much less bitcoins to come. And for 4 years we there will be new halving and another cutting.
If people who mine btc don`t have profit they will stop mining btc, simply. So economy say if you cut income price needs to jump, like minimum double  . In this period its important price to rise, and to make miners stay here and do their work, which is very important for btc. Without miners there is no network. I believe everything will be ok, and price will be enough high to satisfy their and our needs. So lets hope for the best!



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June 27, 2016, 08:34:51 PM
 #102

I think after this halving we should have to work for the stability of bitcoin and not for the pumps and dumps, as with that more people will believe on it and more businesses will be started with bitcoin payment system so bitcoin will flourish and will become an established global currency.

Why would you wait until after the halving to start to work towards a stable value for bitcoin? That seems arbitrary to be interested in stability at some time in the future, but not right now... Also, how would you even accomplish such a thing? The price is where supply meets demand, and it is purely a free-market phenomenon.  I can't even think of a way the price could be pegged to anything for stability, because the ability to set the price necessitates a level of control that bitcoin was built specifically to prevent.

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June 27, 2016, 08:37:24 PM
 #103

Halving, prize for solving block will be cut on half, so after halving 12.5 btc will be prize for that. So you see this 4 years every block was 25, so we can expect much less bitcoins to come. And for 4 years we there will be new halving and another cutting.
If people who mine btc don`t have profit they will stop mining btc, simply. So economy say if you cut income price needs to jump, like minimum double  . In this period its important price to rise, and to make miners stay here and do their work, which is very important for btc. Without miners there is no network. I believe everything will be ok, and price will be enough high to satisfy their and our needs. So lets hope for the best!

You left out the other half of the equation: If people who mine btc don't make a profit, they will stop mining, and the difficulty will fall for everyone else who is still mining, and thereby make it more profitable to mine. The system should reach an equilibrium again. The halving by no means necessitates a doubling of price because there are more than two variables at play, and the other variables will also be affected.

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June 28, 2016, 02:55:57 AM
 #104

Halving, prize for solving block will be cut on half, so after halving 12.5 btc will be prize for that. So you see this 4 years every block was 25, so we can expect much less bitcoins to come. And for 4 years we there will be new halving and another cutting.
If people who mine btc don`t have profit they will stop mining btc, simply. So economy say if you cut income price needs to jump, like minimum double  . In this period its important price to rise, and to make miners stay here and do their work, which is very important for btc. Without miners there is no network. I believe everything will be ok, and price will be enough high to satisfy their and our needs. So lets hope for the best!

You left out the other half of the equation: If people who mine btc don't make a profit, they will stop mining, and the difficulty will fall for everyone else who is still mining, and thereby make it more profitable to mine. The system should reach an equilibrium again. The halving by no means necessitates a doubling of price because there are more than two variables at play, and the other variables will also be affected.
Exactly, that is halving for me is an opportunity because it will not happen that the price will drop, as member of the community, we are divided with different interest in bitcoin, there are those miners, investors, traders, and those who are spenders using the system for their benefits, we should only make a good community if all the interest will be serve with benefits.

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June 28, 2016, 05:07:03 AM
 #105

Halving, prize for solving block will be cut on half, so after halving 12.5 btc will be prize for that. So you see this 4 years every block was 25, so we can expect much less bitcoins to come. And for 4 years we there will be new halving and another cutting.
If people who mine btc don`t have profit they will stop mining btc, simply. So economy say if you cut income price needs to jump, like minimum double  . In this period its important price to rise, and to make miners stay here and do their work, which is very important for btc. Without miners there is no network. I believe everything will be ok, and price will be enough high to satisfy their and our needs. So lets hope for the best!

You left out the other half of the equation: If people who mine btc don't make a profit, they will stop mining, and the difficulty will fall for everyone else who is still mining, and thereby make it more profitable to mine. The system should reach an equilibrium again. The halving by no means necessitates a doubling of price because there are more than two variables at play, and the other variables will also be affected.
Exactly, that is halving for me is an opportunity because it will not happen that the price will drop, as member of the community, we are divided with different interest in bitcoin, there are those miners, investors, traders, and those who are spenders using the system for their benefits, we should only make a good community if all the interest will be serve with benefits.
You can't be sure that the price drop will not happen because you don't have control for all bitcoin users. IMO many users will sell bitcoin after bitcoin halving because i think the price will exceeds $800 per piece so i think it will be enough for them to secure their profits and sell all their coins. That is my opinion but we need to be smart on selling our bitcoin especially after halving.
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June 28, 2016, 05:18:04 AM
 #106

yes halving is the time when miners fee will be missing half. in this case the supply bitcoin will be reduced in all the time, so it is expected that prices will be rising very high bitcoin.
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June 29, 2016, 05:07:45 AM
 #107

yes halving is the time when miners fee will be missing half. in this case the supply bitcoin will be reduced in all the time, so it is expected that prices will be rising very high bitcoin.
That should happen, otherwise the miners will operating in a lose. The most important in this halving is to give the miners a good amount of rewards and it will only happen if the price will increase, since we are just an investors we have to ride with this belief.

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June 29, 2016, 06:10:23 AM
 #108

yes halving is the time when miners fee will be missing half. in this case the supply bitcoin will be reduced in all the time, so it is expected that prices will be rising very high bitcoin.
I think even though halving can make the price very high, it will fall down again because i think that after halving many users will sell their coins because as you said that you expected that the price after halving will rise for a very high price so it can cause panic sell which can result for fall down for the price.
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June 29, 2016, 07:33:11 AM
 #109

Okay, will the next halving really matter? All i see is people talking about it and waiting to happen, "the price will rise", "to the moon". But what will really happen after the halving?

Right now, there are about 15 million Bitcoins "alive". The Bitcoin cap is 21 millions. So it is true, the block reward will get sliced to half, but there will be only 6 million Bitcoins left to mine. And because of this, i dont think the price will rise by that much.

My predictions would be:
1. Everyone waiting for the price increase after halving
2. Price increase doesnt happen
3. PANIC
4. ...




So this is just my opinion. Please post yours in the replys. What do you expect after halving and why?
i never bitcoin halving before,just guessing what will happen on next month,but i agree with this two things :
Quote
1. Everyone waiting for the price increase after halving
2. Price increase doesnt happen
for me its being really matter,just because i never meet halving,and so far the biggest price reach $700 last month,wish next month up to $1000 after halving.

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July 11, 2016, 08:33:41 AM
 #110

In this halving, 75% of the coins have already been mined. So the effect of the halving is less than 4 years ago.

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July 11, 2016, 08:56:03 AM
 #111

Okay, will the next halving really matter? All i see is people talking about it and waiting to happen, "the price will rise", "to the moon". But what will really happen after the halving?

Right now, there are about 15 million Bitcoins "alive". The Bitcoin cap is 21 millions. So it is true, the block reward will get sliced to half, but there will be only 6 million Bitcoins left to mine. And because of this, i dont think the price will rise by that much.

My predictions would be:
1. Everyone waiting for the price increase after halving
2. Price increase doesnt happen
3. PANIC
4. ...




So this is just my opinion. Please post yours in the replys. What do you expect after halving and why?

Halving is already finished but there are no panic selling but the price remains the same. But it is true that people expect a price increase during halving since it happened last halving but it did not today. This time the price of bitcoin will remind all bitcoin users that halving has no control or the primary cause of price inflation. So next halving we are already aware that halving is not equal s to price increase.
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July 11, 2016, 09:07:53 PM
 #112

Okay, will the next halving really matter? All i see is people talking about it and waiting to happen, "the price will rise", "to the moon". But what will really happen after the halving?

Right now, there are about 15 million Bitcoins "alive". The Bitcoin cap is 21 millions. So it is true, the block reward will get sliced to half, but there will be only 6 million Bitcoins left to mine. And because of this, i dont think the price will rise by that much.

My predictions would be:
1. Everyone waiting for the price increase after halving
2. Price increase doesnt happen
3. PANIC
4. ...




So this is just my opinion. Please post yours in the replys. What do you expect after halving and why?

Halving is already finished but there are no panic selling but the price remains the same. But it is true that people expect a price increase during halving since it happened last halving but it did not today. This time the price of bitcoin will remind all bitcoin users that halving has no control or the primary cause of price inflation. So next halving we are already aware that halving is not equal s to price increase.

The price more than doubled (almost tripled) between August of last year and the halving. Whether or not you want to attribute that price increase specifically to the halving is an issue to be determined, but it seems likely that it is. If you were waiting for the price to double after the halving, you don't understand that markets are forward-looking and people anticipate and make moves to profit ahead of an event like the halving, not after. Whether or not the price sticks at this level is another issue. It could be that the price doubled as a self-fulfilling prophecy, simply because every believed it would. This price level has to hold up to the new economics of the mining now, and it will likely not be known quickly how that shakes out. It may take several months before we know if the halved rewards are forcing miners out of the mining market, and what affect that will have on the price of btc.

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July 12, 2016, 07:33:59 PM
 #113

Okay, will the next halving really matter? All i see is people talking about it and waiting to happen, "the price will rise", "to the moon". But what will really happen after the halving?

Right now, there are about 15 million Bitcoins "alive". The Bitcoin cap is 21 millions. So it is true, the block reward will get sliced to half, but there will be only 6 million Bitcoins left to mine. And because of this, i dont think the price will rise by that much.

My predictions would be:
1. Everyone waiting for the price increase after halving
2. Price increase doesnt happen
3. PANIC
4. ...




So this is just my opinion. Please post yours in the replys. What do you expect after halving and why?

Halving is already finished but there are no panic selling but the price remains the same. But it is true that people expect a price increase during halving since it happened last halving but it did not today. This time the price of bitcoin will remind all bitcoin users that halving has no control or the primary cause of price inflation. So next halving we are already aware that halving is not equal s to price increase.

The price more than doubled (almost tripled) between August of last year and the halving. Whether or not you want to attribute that price increase specifically to the halving is an issue to be determined, but it seems likely that it is. If you were waiting for the price to double after the halving, you don't understand that markets are forward-looking and people anticipate and make moves to profit ahead of an event like the halving, not after. Whether or not the price sticks at this level is another issue. It could be that the price doubled as a self-fulfilling prophecy, simply because every believed it would. This price level has to hold up to the new economics of the mining now, and it will likely not be known quickly how that shakes out. It may take several months before we know if the halved rewards are forcing miners out of the mining market, and what affect that will have on the price of btc.

That is right. I think the price has already risen a lot. It should have a rest. Otherwise a bubble is forming.

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July 12, 2016, 08:04:52 PM
 #114

yes halving is the time when miners fee will be missing half. in this case the supply bitcoin will be reduced in all the time, so it is expected that prices will be rising very high bitcoin.
and the price will surely grow, in my opinion its the matter of time only and i think that we will reach a new all time high pretty soon so halving really matters a lot in my opinion

 
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July 12, 2016, 08:53:23 PM
 #115

I think that nothing will change majorly, price will start rising in 20 days before halving, and againe many miners will lose a lot of money and maybe even work.
im pretty sure that the price is going to grow only after a decent amount of time like a month after the halving, as the halving has already passed and we still dont see any increases

 
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July 14, 2016, 05:43:03 AM
 #116

I think that nothing will change majorly, price will start rising in 20 days before halving, and againe many miners will lose a lot of money and maybe even work.
im pretty sure that the price is going to grow only after a decent amount of time like a month after the halving, as the halving has already passed and we still dont see any increases
That is going to happen but we have to wait to see it as the price will only go to one direction overtime as the demand will increase with major improvement in the volume of users, the halving is good that it happened this year because it makes the current price to be strong.

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July 14, 2016, 01:53:09 PM
 #117

I think that nothing will change majorly, price will start rising in 20 days before halving, and againe many miners will lose a lot of money and maybe even work.
im pretty sure that the price is going to grow only after a decent amount of time like a month after the halving, as the halving has already passed and we still dont see any increases
That is going to happen but we have to wait to see it as the price will only go to one direction overtime as the demand will increase with major improvement in the volume of users, the halving is good that it happened this year because it makes the current price to be strong.

The next halving will not matter as much as the last two. There will be more bitcoin in circulation then.

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July 14, 2016, 02:24:25 PM
 #118

I think that nothing will change majorly, price will start rising in 20 days before halving, and againe many miners will lose a lot of money and maybe even work.
im pretty sure that the price is going to grow only after a decent amount of time like a month after the halving, as the halving has already passed and we still dont see any increases
That is going to happen but we have to wait to see it as the price will only go to one direction overtime as the demand will increase with major improvement in the volume of users, the halving is good that it happened this year because it makes the current price to be strong.

The next halving will not matter as much as the last two. There will be more bitcoin in circulation then.
At all the halving moment the only thing that happen is people stop investments for a while, this happen at the networks ads, people wait to see the new value and then restart promoting their business. The next halving now, will take some years, and sure will make more pression into the price once again but a long a far road to cover now.
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July 14, 2016, 02:43:43 PM
 #119

The next halving is going to happen after 4 years from now and I think until then many good things will happen hopefully. The recent halving was not enough to increase the price maybe because its holiday season now.
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July 14, 2016, 02:46:43 PM
 #120

yes, it's really important. I think it will make bitcoin prices higher. but, we do not know when halving the next one will happen. but it will be the determinant of bitcoin prices will be higher or not. Well we can only hope the price of bitcoin will penetrate the $ 1000 price when halving the next one occurs
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