Does the next halving really matter that much?

[dragunfly]

i think halving will really matter because it helps the price to go up over time

[sanas]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

[mandica]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

[mirakal]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

And in that time the demand will increase so the price will eventually increase also. Every halving delivers a good news for the investors and the miners as the price will also increase at the same time, this is is the most anticipated year as we have not seen any increase of price brought by halving.

[deisik]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

And in that time the demand will increase so the price will eventually increase also. Every halving delivers a good news for the investors and the miners as the price will also increase at the same time, this is is the most anticipated year as we have not seen any increase of price brought by halving.

I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...

Care to explain?

[coin_gambler]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

thats true, with time less and less bitcoins will be left to be mined, i hope that it will allow me to make some good profit and one day i will become rich

[mandica]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

And in that time the demand will increase so the price will eventually increase also. Every halving delivers a good news for the investors and the miners as the price will also increase at the same time, this is is the most anticipated year as we have not seen any increase of price brought by halving.

I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...

Care to explain?

If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.

[socks435]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

And in that time the demand will increase so the price will eventually increase also. Every halving delivers a good news for the investors and the miners as the price will also increase at the same time, this is is the most anticipated year as we have not seen any increase of price brought by halving.

I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...

Care to explain?

If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.

I dont understand what you mean but how you know that block halving is bad for the miners? honestly i think halving has a good effect for the miners because this is a new level of the price of bitcoin and new goal for miners.. because the price will increase more this following months..
They can be make more profit these following month..

[Fraxinus]

If you mean if it matters on price,then it actually can matter and not-it depends on how the market reacts to it but the halving itself doesn't neccessarily mean anything in regards of price.

[outatime1]

If it's like this past halving, the price will increase before the halving and then it may pull back a little after it is over. I would assume that will happen based on knowing in advance that it is coming.

[deisik]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

And in that time the demand will increase so the price will eventually increase also. Every halving delivers a good news for the investors and the miners as the price will also increase at the same time, this is is the most anticipated year as we have not seen any increase of price brought by halving.

I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...

Care to explain?

If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.

If the price rises, it is good for anyone except those who are shorting Bitcoin. Since it is not given that the price will rise due to halving (let alone double), the news of halving per se cannot be good for miners (since their revenue will be half as much after the halving, with profits probably turning into losses). I'm more than sure that the total majority of them would prefer the price to rise without halving...

Is there anyone who could possibly disagree with that?

[Doamader]

At 2020 the year the next halving should happen, for sure it will be meaning a lot as i believe it will when bitcoin will hit again the 1000 dollars , and stand stable at that  price, soo recover from the past and achieve those value for me its like a restart for those who invested at bitcoin and got scared as bitcoin went to 200 dollars. Soo reach once again those 4 digits will be like making history and i will be here to see it happen.

[mirakal]

i think halving will really matter because it helps the price to go up over time

After 3 to 5 more halving, the block reward will be lower than the transactions fees and more bitcoin will have already been mined, so the halving will have less effect.

In the next few decades, most of the bitcoin will be mined, the adoption and usage by the people will determine the price.

And in that time the demand will increase so the price will eventually increase also. Every halving delivers a good news for the investors and the miners as the price will also increase at the same time, this is is the most anticipated year as we have not seen any increase of price brought by halving.

I simply cannot fathom how a halving can be a good news for the miners if they instantaneously lose half of their earnings at the moment of halving...

Care to explain?

If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.

If the price rises, it is good for anyone except those who are shorting Bitcoin. Since it is not given that the price will rise due to halving (let alone double), the news of halving per se cannot be good for miners (since their revenue will be half as much after the halving, with profits probably turning into losses). I'm more than sure that the total majority of them would prefer the price to rise without halving...

Is there anyone who could possibly disagree with that?

Halving cannot be prevented and it is part of the system of bitcoin, since halving has already happened this year and we have expected that the price will increase which is until now we have not seen that first,it would probably affect the miners if the price will not rise and we have to hope that the price will rise so that miners will remain profitable and investors as well will earn.

[deisik]

If you earn the bitcoin, then halving is bad for the miners. If the price rises due to halving, and the price more than double, then it is good for the miners.

If the price rises, it is good for anyone except those who are shorting Bitcoin. Since it is not given that the price will rise due to halving (let alone double), the news of halving per se cannot be good for miners (since their revenue will be half as much after the halving, with profits probably turning into losses). I'm more than sure that the total majority of them would prefer the price to rise without halving...

Is there anyone who could possibly disagree with that?

Halving cannot be prevented and it is part of the system of bitcoin, since halving has already happened this year and we have expected that the price will increase which is until now we have not seen that first,it would probably affect the miners if the price will not rise and we have to hope that the price will rise so that miners will remain profitable and investors as well will earn

You should never forget the basics of economics which are pretty clear here. Halving predictably halves the miners revenue (did you expect something else?), but revenue is not profit, so to compensate for the loss (partial or total) of profits the price should necessarily increase more than twice. And more than twice is actually a great underestimation in respect to what real Bitcoin price rise should be for miners to remain profitable. This is what happened before this halving (prices grew more than three times), but for the next halving they should increase pretty much by the same ratio again from the current price levels...

All this essentially means that for one bitcoin sold more than two should be bought (three would do much better)

[jaysabi]

The number sold and the number bought should always be the same. How can you buy a bitcoin that wasn't sold? Perhaps you mean for every bitcoin mined, two should be bought? Although I'm not sure that makes any sense either.

[mandica]

The number sold and the number bought should always be the same. How can you buy a bitcoin that wasn't sold? Perhaps you mean for every bitcoin mined, two should be bought? Although I'm not sure that makes any sense either.

I think they mean the active buy and passive selling.

When there are more active buying than active selling, the price will rise.

[deisik]

The number sold and the number bought should always be the same. How can you buy a bitcoin that wasn't sold? Perhaps you mean for every bitcoin mined, two should be bought? Although I'm not sure that makes any sense either.

I think they mean the active buy and passive selling.

When there are more active buying than active selling, the price will rise.

In the simplest case, for the price to rise two times, the demand should exceed the supply as much (other things being constant, e.g. supply and demand elasticities). This essentially means that at the current price level (i.e. before the demand and supply are rebalanced at a higher price), two bitcoins would be bought (aggregate demand) with only one sold (aggregate supply). This discrepancy is the prerequisite for the price to rise, and it is not something purely hypothetical (as it might seem at first glance)...

Since the bitcoin which is left unpurchased (sellers no longer willing to sell at current prices) will be bought at a higher price

[Doamader]

The number sold and the number bought should always be the same. How can you buy a bitcoin that wasn't sold? Perhaps you mean for every bitcoin mined, two should be bought? Although I'm not sure that makes any sense either.

I think they mean the active buy and passive selling.

When there are more active buying than active selling, the price will rise.

In the simplest case, for the price to rise two times, the demand should exceed the supply as much (other things being constant, e.g. supply and demand elasticities). This essentially means that at the current price level (i.e. before the demand and supply are rebalanced at a higher price), two bitcoins would be bought (aggregate demand) with only one sold (aggregate supply). This discrepancy is the prerequisite for the price to rise, and it is not something purely hypothetical (as it might seem at first glance)...

Since the bitcoin which is left unpurchased (sellers no longer willing to sell at current prices) will be bought at a higher price

This current demand may get bigger if the megaupload owner brings those big community he had and keep several of them, into crypto world, and special into bitcoin. All halvings are important there isnt one more important then other, the only thing is the community of bitcoin is growing and at each stage of halving we will see how people react to less and less coins.

[techfm86]

I think so, after the halving there is less coins being added in the supply, but the effect takes time to be visible in the price.

[potatopower]

i think halving will really matter because it helps the price to go up over time

of course it matters a lot, it makes the price of the bitcoin not drop too much, also in a longer run i think that it will make the price go up