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Author Topic: Bitcoin Halving  (Read 5765 times)
coin_gambler
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June 13, 2016, 01:45:32 PM
 #61

Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.

Why don't you "spend" them instead of "selling"?
well there are not a lot of shops that accept bitcoins at the moment so there might not be a chance to do that

i think during the halving we might reach a new all time high price i hope

 
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June 13, 2016, 01:50:43 PM
 #62

Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.

Why don't you "spend" them instead of "selling"?
well there are not a lot of shops that accept bitcoins at the moment so there might not be a chance to do that

i think during the halving we might reach a new all time high price i hope

So that means you don't believe in Bitcoin, you just bought some to make a profit I suppose. Which is perfectly legit.. just asking. It's just sad because a few years ago there were so many people here who really cared about Bitcoin and its message. Now I only see people interested in making a few bucks quicly.

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June 13, 2016, 02:26:20 PM
 #63

It very close to the bitcoin halving. Do any big BTC holders have any intention of buying something with their BTC? Are any going to continue holding. One of my friends is planning on buying a phone. He has been storing up for a long time.
I also had as a plan to buy a phone with my Bitcoins before, but I have realized that it is best to go to a store.
Now I just keep my Bitcoins for Halving and later.
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June 13, 2016, 02:33:25 PM
 #64

Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.

well that didnt take long....$706.38usd ($905.17cad) via slushpool still climbing ...$706.74 just writing this
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June 13, 2016, 02:59:57 PM
 #65

The bitcoin halving does not affec the price of the bitcoin people dont be scared it wil only affect people who are mining it is not profitable anymore for small miners to mine.
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June 13, 2016, 03:09:51 PM
 #66

we dont need waiting shops that accepts bitcoin . just use services like e-coin.io ( bitcoin debit card service ) to shop online or at shops , by mastercard bitcoin debit card .

just try it you will like it .
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June 13, 2016, 03:43:47 PM
 #67

it wil only affect people who are mining it is not profitable anymore for small miners to mine.

i disagree depending on hydro costs and price & speed of equipment you start with
if you dont pay hydro, (or very cheap) and buy used equipment that take a month or two to break even you can easily double your equipment every few months and keep doing it off the cost of one miner

lets say you made 80 a month mining and equipment cost $160 in 28 months you would have 128 miners from one

based before the halving of course..

.. easier for me to do because of free hydro
but id rather host miners for people ,just havent figured out the logistics yet
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June 13, 2016, 03:46:05 PM
 #68

It very close to the bitcoin halving. Do any big BTC holders have any intention of buying something with their BTC? Are any going to continue holding. One of my friends is planning on buying a phone. He has been storing up for a long time.

Just tell your friend to keep the Bitcoin, at least til the halving. Because in my opinion, hodling is always better then selling.

faucet used to be profitable
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June 13, 2016, 03:55:42 PM
 #69

The bitcoin halving does not affec the price of the bitcoin people dont be scared it wil only affect people who are mining it is not profitable anymore for small miners to mine.

Halving decreases supply thoug, it means daily can be mined only half of the Bitcoins compared to now. This means miners can sell less Bitcoins, and if the demand for buying bitcoin keeps the same, small up trend in Bitcoin price over time could happen, thus really halving might affecting the price.

But I agree, we only know the supply is going to be reduced, but no one can be sure about future demand for buying Bitcoin, thats why halving and associated decreased supply effect cannot predict future price alone.

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June 13, 2016, 04:05:32 PM
 #70

Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.

Why don't you "spend" them instead of "selling"?
well there are not a lot of shops that accept bitcoins at the moment so there might not be a chance to do that

i think during the halving we might reach a new all time high price i hope
If you are talking about real stores in your vicinity, then yes. I doubt you will find many of those, if any.
But internet is the natural habitat of bitcoin merchants, you can buy pretty much anything directly for BTC online.

And spending IMO is the same as selling, but instead of FIAT you gain some physical/digital goods.
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June 13, 2016, 04:13:42 PM
 #71

The bitcoin halving does not affec the price of the bitcoin people dont be scared it wil only affect people who are mining it is not profitable anymore for small miners to mine.

Halving decreases supply thoug, it means daily can be mined only half of the Bitcoins compared to now. This means miners can sell less Bitcoins, and if the demand for buying bitcoin keeps the same, small up trend in Bitcoin price over time could happen, thus really halving might affecting the price.

But I agree, we only know the supply is going to be reduced, but no one can be sure about future demand for buying Bitcoin, thats why halving and associated decreased supply effect cannot predict future price alone.

I agree but I can't imagine why the future demand might drop. We are in the situation when more and more people learn about Bitcoin and some of them for sure want to have their own.

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June 13, 2016, 04:17:18 PM
 #72

The bitcoin halving does not affec the price of the bitcoin people dont be scared it wil only affect people who are mining it is not profitable anymore for small miners to mine.

Halving decreases supply thoug, it means daily can be mined only half of the Bitcoins compared to now. This means miners can sell less Bitcoins, and if the demand for buying bitcoin keeps the same, small up trend in Bitcoin price over time could happen, thus really halving might affecting the price.

But I agree, we only know the supply is going to be reduced, but no one can be sure about future demand for buying Bitcoin, thats why halving and associated decreased supply effect cannot predict future price alone.

I agree but I can't imagine why the future demand might drop. We are in the situation when more and more people learn about Bitcoin and some of them for sure want to have their own.

Demand will go higher in future as we will see many more users will start adopting bitcoin and which will take the price of bitcoin to a higher level.
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June 13, 2016, 04:26:35 PM
 #73

Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.

Yeah it's good for you, but the sad is i already sell all my bitcoins 1 week ago when the halving affect not really affect the bitcoin's price. But now, bitcoin's price increase so high.
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June 13, 2016, 04:28:56 PM
 #74

The bitcoin halving does not affec the price of the bitcoin people dont be scared it wil only affect people who are mining it is not profitable anymore for small miners to mine.

Halving decreases supply thoug, it means daily can be mined only half of the Bitcoins compared to now. This means miners can sell less Bitcoins, and if the demand for buying bitcoin keeps the same, small up trend in Bitcoin price over time could happen, thus really halving might affecting the price.

But I agree, we only know the supply is going to be reduced, but no one can be sure about future demand for buying Bitcoin, thats why halving and associated decreased supply effect cannot predict future price alone.

I agree but I can't imagine why the future demand might drop. We are in the situation when more and more people learn about Bitcoin and some of them for sure want to have their own.

Demand will go higher in future as we will see many more users will start adopting bitcoin and which will take the price of bitcoin to a higher level.
Adoption is always there and day by day more people are knowing bitcoin and i think more users of bitcoin will come so more demand low supply price of bitcoin will increase more,, thats why the price is increase today because of in demand because they know and they believe that bitcoin will be more valuable after block halving because our source will be half into 12.5 btc per block..

Decided to end it with zer0 profit.
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June 13, 2016, 04:56:03 PM
 #75

Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.

Yeah it's good for you, but the sad is i already sell all my bitcoins 1 week ago when the halving affect not really affect the bitcoin's price. But now, bitcoin's price increase so high.

It is extremely difficult to time the markets, even for experts.
So if you believe in the long-term potential of Bitcoin, a buy and hold strategy might work better.


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June 13, 2016, 04:56:29 PM
 #76

Halving increasing my money for free cause i am not sold my bitcoins in past, i am very happy and i hope that price will reach $700 soon to sell it.

Yeah it's good for you, but the sad is i already sell all my bitcoins 1 week ago when the halving affect not really affect the bitcoin's price. But now, bitcoin's price increase so high.


You should never sell ALL your Bitcoins.. never ever. Imagine if this thing goes crazy and someone writes some killer App for Bitcoin or a whole country accepts it as a currency.. It can go to the moon

and then you will not be in a position to capitalize on this situation. I always look back at the $1100 high and think what will happen if the price goes to $100 000 per Bitcoin. I will retire early and have

a good ole time sipping cocktails on an island. Let this be a lesson for everyone who might be considering selling everything.  Wink ... The Halving will only be next month.  Grin

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June 13, 2016, 05:25:47 PM
 #77

Will only sell at $1000, bought mine at $1100 still not recovered my investment.
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June 13, 2016, 05:33:58 PM
 #78

The bitcoin halving does not affec the price of the bitcoin people dont be scared it wil only affect people who are mining it is not profitable anymore for small miners to mine.

Halving decreases supply thoug, it means daily can be mined only half of the Bitcoins compared to now. This means miners can sell less Bitcoins, and if the demand for buying bitcoin keeps the same, small up trend in Bitcoin price over time could happen, thus really halving might affecting the price.

But I agree, we only know the supply is going to be reduced, but no one can be sure about future demand for buying Bitcoin, thats why halving and associated decreased supply effect cannot predict future price alone.

I agree but I can't imagine why the future demand might drop. We are in the situation when more and more people learn about Bitcoin and some of them for sure want to have their own.

Demand will go higher in future as we will see many more users will start adopting bitcoin and which will take the price of bitcoin to a higher level.
Adoption is always there and day by day more people are knowing bitcoin and i think more users of bitcoin will come so more demand low supply price of bitcoin will increase more,, thats why the price is increase today because of in demand because they know and they believe that bitcoin will be more valuable after block halving because our source will be half into 12.5 btc per block..

That might be true, but i think it's not the reason why bitcoin price can raise a lot in short time.
I think halving's hype is too high which leads many people buy bitcoin, then bitcoin price keep rising.

Yeah price is rising only because of halving, as majority of people are buying at a moment hoping to make good profits by selling at the time of halving.

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prtty2gal2
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June 13, 2016, 05:40:52 PM
 #79

we dont need waiting shops that accepts bitcoin . just use services like e-coin.io ( bitcoin debit card service ) to shop online or at shops , by mastercard bitcoin debit card .

just try it you will like it .
But we do, for the sake of convenience for those who does not want bitcoin debit cards. Before you could even apply for bitcoin debit cards, you give up your information because indeed it is a debit card and some people do not want to do that which is why it kinda is necessary for shops to accept bitcoins.
bitcoindanisma
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June 13, 2016, 06:05:32 PM
 #80

but for limited usage you dont need verify your id and adress .

just order card and use as anonymous , online or shops . ( virtual and physical plastic card ) . even you can use satoshi nakamoto name on card . nobosy will know owner of card and cant track your shopping adventure .

deposit by bitcoin and use thats all . very cheap fees . i tried and i know it . banks will turn to blockhain and bitcoin technology soon .

also there are other choices like

coinsbank ( bitx )

we dont need waiting shops that accepts bitcoin . just use services like e-coin.io ( bitcoin debit card service ) to shop online or at shops , by mastercard bitcoin debit card .

just try it you will like it .
But we do, for the sake of convenience for those who does not want bitcoin debit cards. Before you could even apply for bitcoin debit cards, you give up your information because indeed it is a debit card and some people do not want to do that which is why it kinda is necessary for shops to accept bitcoins.
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