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Author Topic: Does the next halving really matter that much?  (Read 9972 times)
mandica
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July 14, 2016, 08:35:25 PM
 #121

The next halving in 4 years will not matter much, as there will a lot more bitcoins in the circulation.
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July 15, 2016, 04:34:42 AM
 #122

all the halvings matter so much, because they are cutting the rate of supply creation in half and that is a huge change especially because the reward of the blocks is very big the half of it is also big (it cut the reward by 12.5BTC which is ~$8000 reduction) so that is a big change.

also halving always brings a certain amount of hype with itself which is always good for increasing the price to the moon and this rise always brings a lot of publicity to bitcoin.

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July 15, 2016, 04:43:59 AM
 #123

The next halving in 4 years will not matter much, as there will a lot more bitcoins in the circulation.
For me it matters because I believe that every halving will make the price increase and that is a good opportunity for the investors, we don't know yet that in the coming years we will achieve increase in adoption although the trend is telling us that it would happen.

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July 15, 2016, 05:02:37 AM
 #124

The next halving in 4 years will not matter much, as there will a lot more bitcoins in the circulation.
For me it matters because I believe that every halving will make the price increase and that is a good opportunity for the investors, we don't know yet that in the coming years we will achieve increase in adoption although the trend is telling us that it would happen.


It matter so much, and next halving well be the greatest year to be happen in next 4 years because the halving today rise some awareness that this event can make people get profit if they are staking or holding there bitcoins at that said event and im very sure that because of halving today many would prepare and stock the coins they have and earn plenty for the next halving year.

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July 15, 2016, 05:06:05 AM
 #125

All halving events matter mainly for the miners because the main impact happen to them. Some people made a link between halving and the price although it does not work like that. Without high demand and low supply , the price of btc won't go up
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July 15, 2016, 06:38:40 AM
 #126

All halving events matter mainly for the miners because the main impact happen to them. Some people made a link between halving and the price although it does not work like that. Without high demand and low supply , the price of btc won't go up
There are several different factors that affect the bitcoin price, and I believe that halving is one of them. It is just that is not the one that would affect it the most. I'm pretty sure we are going to see some price movement as the months post halving counts up.
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July 15, 2016, 06:56:35 AM
 #127

For me all the halving has a big effect in the price of the bitcoin the effect is always favored to the investors that is why i think the next halving is really matter to us specially who have more bitcoin in their wallet the profit will rain to them
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July 15, 2016, 03:33:38 PM
 #128

For me all the halving has a big effect in the price of the bitcoin the effect is always favored to the investors that is why i think the next halving is really matter to us specially who have more bitcoin in their wallet the profit will rain to them
It's ridiculous because the halving that passed doesn't affect the price that much. Where did you get the idea that the halving will always affect the price. Halving has no assurance that will affect the price because the halving didn't represent the price in the first place. It represents the fee of the miners so the one that get affected is the miners not the bitcoin's price.
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July 15, 2016, 03:44:00 PM
 #129

For me all the halving has a big effect in the price of the bitcoin the effect is always favored to the investors that is why i think the next halving is really matter to us specially who have more bitcoin in their wallet the profit will rain to them

The halving this months had almost no Impact in the Bitcoin Price, still around ~650 as the week before the halving. Maybe the Change is still coming.
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July 15, 2016, 03:49:07 PM
 #130

The last halving we just had a few days ago matters, the next halving matters, and the next two halvings matter, but after that it starts to get a bit too mundane and it doesn't start to really matter once the block rewards starts getting to the ~1.5 level, which will either completely jack up the value, or will result in us having to put in higher fees in order to pay for everything the miners have to maintain.
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July 16, 2016, 03:33:59 AM
 #131

The last halving we just had a few days ago matters, the next halving matters, and the next two halvings matter, but after that it starts to get a bit too mundane and it doesn't start to really matter once the block rewards starts getting to the ~1.5 level, which will either completely jack up the value, or will result in us having to put in higher fees in order to pay for everything the miners have to maintain.

Fees are not directly linked to the block reward. If the value of bitcoins is high, then the decreased reward (in terms of bitcoin) won't matter to the miners. What is a more important determinant of transaction fees is the block size and related congestion.
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July 16, 2016, 07:06:23 AM
 #132

The last halving we just had a few days ago matters, the next halving matters, and the next two halvings matter, but after that it starts to get a bit too mundane and it doesn't start to really matter once the block rewards starts getting to the ~1.5 level, which will either completely jack up the value, or will result in us having to put in higher fees in order to pay for everything the miners have to maintain.

Fees are not directly linked to the block reward. If the value of bitcoins is high, then the decreased reward (in terms of bitcoin) won't matter to the miners. What is a more important determinant of transaction fees is the block size and related congestion.
Halving should make the price increase because every time halving happens it always increases the difficulty of mining and that would mean that the expenses of the miners also increases so they need to stay profitable for the healthy community.

Miners are important to us in order to fast tract our transactions online and to promote bitcoin in the majority of people where they can get good benefits.

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mandica
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July 16, 2016, 07:11:37 AM
 #133


Halving should make the price increase because every time halving happens it always increases the difficulty of mining and that would mean that the expenses of the miners also increases so they need to stay profitable for the healthy community.

Miners are important to us in order to fast tract our transactions online and to promote bitcoin in the majority of people where they can get good benefits.

Yes. But the effect of halving will reduce in the next few halvings. The number of existing coins are much higher.
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July 17, 2016, 02:46:20 AM
 #134

The last halving we just had a few days ago matters, the next halving matters, and the next two halvings matter, but after that it starts to get a bit too mundane and it doesn't start to really matter once the block rewards starts getting to the ~1.5 level, which will either completely jack up the value, or will result in us having to put in higher fees in order to pay for everything the miners have to maintain.

Fees are not directly linked to the block reward. If the value of bitcoins is high, then the decreased reward (in terms of bitcoin) won't matter to the miners. What is a more important determinant of transaction fees is the block size and related congestion.
Halving should make the price increase because every time halving happens it always increases the difficulty of mining and that would mean that the expenses of the miners also increases so they need to stay profitable for the healthy community.

Miners are important to us in order to fast tract our transactions online and to promote bitcoin in the majority of people where they can get good benefits.

Why should halving increase the difficulty? There is no direct correlation. If anything, if some miners shut down because of the lower block reward, the difficulty should decrease.

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July 17, 2016, 06:10:23 AM
 #135

Considering the grounds of after halving period, I honestly think that halving has long term effects and we cannot see it with sharp ups and downs on price chart. We might see some huge fluctuations in price but on a larger timeline (whole year of 2017), and from the end of the year 2017 we will see a sustainable growth irrespective of fiat currencies, market crash and all other things. If someone is waiting to jump in bitcoin, he will get chance in next year during price fluctuations. A systematic investment plan would be perfect to enjoy short term effects of halving (short term price fluctuations).
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July 17, 2016, 09:55:24 AM
 #136

Why should halving increase the difficulty? There is no direct correlation. If anything, if some miners shut down because of the lower block reward, the difficulty should decrease.

The halving will not increase the difficulty. If it does not effect, it will decrease the difficulty as some miners will shut off.
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July 17, 2016, 11:12:39 AM
 #137

Why should halving increase the difficulty? There is no direct correlation. If anything, if some miners shut down because of the lower block reward, the difficulty should decrease.

The halving will not increase the difficulty. If it does not effect, it will decrease the difficulty as some miners will shut off.

The bitcoin mining difficulty is predicted to drop around 0.5% in the next difficulty adjustment in a few days.

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July 17, 2016, 11:35:50 AM
 #138

prediction No. 1 and 2 right, but no 3 was wrong. to date no panic after the price does not increase. but chances are they would prefer to be patient and confident the price will increase. because the effect of halving will not happen immediately. at least until the end of the year we could see higher prices

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July 18, 2016, 04:35:52 AM
 #139

prediction No. 1 and 2 right, but no 3 was wrong. to date no panic after the price does not increase. but chances are they would prefer to be patient and confident the price will increase. because the effect of halving will not happen immediately. at least until the end of the year we could see higher prices
I agree with you, I should wait for more months before I dump my bitcoins, I believe this year we can see a good price as the effect of halving and I would like also to see the price will continuously grow in the succeeding years. Maybe that could possibly happen as we are increase in number of volume in terms on users of bitcoins.

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mandica
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July 18, 2016, 09:41:53 AM
 #140

prediction No. 1 and 2 right, but no 3 was wrong. to date no panic after the price does not increase. but chances are they would prefer to be patient and confident the price will increase. because the effect of halving will not happen immediately. at least until the end of the year we could see higher prices
I agree with you, I should wait for more months before I dump my bitcoins, I believe this year we can see a good price as the effect of halving and I would like also to see the price will continuously grow in the succeeding years. Maybe that could possibly happen as we are increase in number of volume in terms on users of bitcoins.

There is no need to dump your bitcoin if you do not need to use it to support your life. Just hold for the long term.
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