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NordicRanger
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June 17, 2016, 09:10:25 PM |
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The halving price was already set in when the price was 450/500 dollar.
What we see here is more hands at work, because it must have to do with brexit or the chinese coming in.
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Even in the event that an attacker gains more than 50% of the network's
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reversed or double-spent. The network would not be destroyed.
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bitebits
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Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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June 17, 2016, 09:25:07 PM |
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If miners will shutdown it can affect the transaction speed..
No, it temporarily increases the time a new block is found till the difficulty automatically gets adjusted to the new situation. In other words, your transactions will still cross the globe at an incredible speed. Bitcoin sure is a thing of beauty, isn't it? |
- You can figure out what will happen, not when /Warren Buffett - Pay any Bitcoin address privately with a little help of Monero. |
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techgeek
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June 17, 2016, 09:26:25 PM |
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The halving price was already set in when the price was 450/500 dollar.
What we see here is more hands at work, because it must have to do with brexit or the chinese coming in.
The market is reacting to multiple things from what I see. You can see the ETH people are now splitting their funds back to bitcoin which adds this scenario. And market watchers like traders who day trading are watching into purchase orders on the chinese exchange which effects the US market as well. You can use the chinese market sort of as a buffer to see how well the US exchange will react. |
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pitham1
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Activity: 1232
Merit: 1000
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June 18, 2016, 02:48:53 AM |
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Yes, the halving has more or less been priced in.
We may still see some upside due to momentum, but it might not be wise to bet on immediate gains.
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Sniper44
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June 18, 2016, 02:59:08 AM |
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no halving is not yet priced in, there is still a lot of room to grow.
bitcoin price is still low and can easily go higher than this. this level is going to take a while to become stable and then after that start moving up.
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to the moon with bitcoin...
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Ethey
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Merit: 10
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June 18, 2016, 03:00:16 AM |
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The double of the price is in my mention just the difficulty and the halving is still incoming  |
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Bit_Happy
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A Great Time to Start Something!
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June 18, 2016, 03:02:33 AM |
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The range for the 'stable period' was something like $200-300 so it has actually more than doubled now.
Some believe that the mining cost should be the support for the price - the current price will be above mining cost after halving.
Others believe that there is a constant demand in USD - so if we slush the demand in half - then we need the price to grow twice to meet the demand.
No. We are due for a huge Bullish move, and past efforts went way beyond the previous all-time high. When we get to ~$3,497.76 you should look to sell large amounts of BTC.  |
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richardsNY
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June 18, 2016, 03:09:25 AM |
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I am sure there is still more room for growth from the current price. My guess is that the price will attempt to touch $1000 in the coming weeks before seeing a massive correction.
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Karpeles
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June 18, 2016, 03:10:09 AM |
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The halving only will be priced after the effect of the fact that blocks give half reward is stabilized, what might take some months or weeks at least.
What may or may not be priced is the expectation about the effects, what is a different thing.
Not counting the hypothesis of an artificial pump created by whales or by the expectation that the price will increase near the halving, so everyone buys and the price indeed increases.
We will only know what is true after everything is settled, good or badly
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Winoc
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June 18, 2016, 04:26:05 AM |
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no halving is not yet priced in, there is still a lot of room to grow.
bitcoin price is still low and can easily go higher than this. this level is going to take a while to become stable and then after that start moving up.
Exactly..Halvening is to be priced in in the mid-July and there will be a lots of ups and downs till then..Afterall, bitcoin is very well known for its ups and downs in the market price.. |
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lister storm
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June 18, 2016, 05:00:45 AM |
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The double of the price is in my mention just the difficulty and the halving is still incoming yeah, the upcoming halving is affecting the price real hard in my opinion, thats why we see such a huge bitcoin price increase in my opinion, and it is definitely great as it attracts more people the halving did not price in yet in my opinion because the price has a lot of potential to grow even more right now in my opinion, i hope that im right about the price because im holding some bitcoins now |
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Herbert2020
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Activity: 1946
Merit: 1137
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June 18, 2016, 05:30:19 AM |
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this is just slowing down on the way to top, in order to shakeout some of the panic sellers who will just dump their coins in the pockets of the whales who are waiting for them to do this.
so to answer your question i have to say, no it is not yet priced in. there is still time and a lot more up to go.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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2double0
Legendary
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Activity: 2618
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June 19, 2016, 07:06:06 PM |
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Price seems to have quadrupled since we were in talks of halving, as the price was dumped till 200 and was playing there only.
We are currently into 800s and heading towards 1000, but I don't know where it will take us in the end, as halving has not taken place yet.
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bit1
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Activity: 938
Merit: 1000
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June 19, 2016, 09:20:31 PM |
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What is certain is that it will be more scarce and more difficult to obtain which will affect the price.
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nururochac
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June 21, 2016, 07:30:48 AM |
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The halving price was already set in when the price was 450/500 dollar.
What we see here is more hands at work, because it must have to do with brexit or the chinese coming in.
The market is reacting to multiple things from what I see. You can see the ETH people are now splitting their funds back to bitcoin which adds this scenario. And market watchers like traders who day trading are watching into purchase orders on the chinese exchange which effects the US market as well. You can use the chinese market sort of as a buffer to see how well the US exchange will react. The sudden conversion of people from ETH to BTC is because of the DAO hack issue that happened recently. I believe this has nothing to do with halving event. |
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Ulloa
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June 21, 2016, 08:06:20 AM |
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As you can see now you see that the price is indeed rising fast now and that is perfect for people who already have Bitcoin and want to sell it soon.
But it is not that easy to earn some profit because it is hard to find to moment to sell it.
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