murrajes (OP)
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July 07, 2016, 12:44:31 PM |
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What happened 4 years ago when the halving happened? Did the price plummet like this?
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AioFox
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July 07, 2016, 01:05:24 PM |
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What happened 4 years ago when the halving happened? Did the price plummet like this?
You need not worry about the halving if you are; if things go according to what happend during the previous halving then we can expect there to be not much of an immediate change after but the value of the Bitcoin would gradually increase as it did in the past. If you noticed that the Bitcoin was constant around $400 and now we can see its gradually increasing above $650 as the halving approaches.
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pearl11
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July 07, 2016, 01:06:26 PM |
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No changes in the price of bitcoin since last week.. from 640-670 and vice versa. 3 more days before halving ,and the price of bitcoin is still at 640.
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ASHLIUSZ
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July 07, 2016, 02:41:47 PM |
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No changes in the price of bitcoin since last week.. from 640-670 and vice versa. 3 more days before halving ,and the price of bitcoin is still at 640.
Price remains the same and no good changes, as a side effect, mining may become very unprofitable for majority of miners, unless there is a significant Bitcoin price spike.
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Absolon
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July 08, 2016, 12:31:26 PM |
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Nothing happened in the last halving. But after few months price was rising and reached high after an year. I think that same thing will happen this time as well.
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Sled
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July 08, 2016, 12:42:19 PM |
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What happened 4 years ago when the halving happened? Did the price plummet like this?
Based on the price history of bitcoin last 4 years ago which is 2012 the price in dec 2012 is only $13 and just after months it's skyrocket up to $266. IMO the halving help bitcoin in that moment because maybe they know what is the benefit of halving so most of the online investor take that advantage because the price is just $13 and that panic buying cause the price to skyrocket .
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pedrog
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July 08, 2016, 12:53:39 PM |
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What happened 4 years ago when the halving happened? Did the price plummet like this?
Based on the price history of bitcoin last 4 years ago which is 2012 the price in dec 2012 is only $13 and just after months it's skyrocket up to $266. IMO the halving help bitcoin in that moment because maybe they know what is the benefit of halving so most of the online investor take that advantage because the price is just $13 and that panic buying cause the price to skyrocket . That bubble is attributed to the Cyprus financial crises, nothing to do with halving.
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Adaleon
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July 21, 2016, 09:39:45 AM |
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It dos not matter to ma what the price is before the halving what I want to know is what the price is going to be after the halving. I hope that the price is going to rise after the halving so that I can sell again.
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Mauser
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July 21, 2016, 11:38:44 AM |
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It dos not matter to ma what the price is before the halving what I want to know is what the price is going to be after the halving. I hope that the price is going to rise after the halving so that I can sell again.
The halving is already done so you will have to wait another for 4 years. For this year's halving the bitcoin price climbed already above 700$ weeks before the actual halving date in July. If you want to profit from any price increase due to the halving I think you need to buy bitcoins months before as any upside will already be priced in at the actual date.
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Wendigo
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July 21, 2016, 11:57:25 AM |
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Apparently for the Bitcoin price to start going up again something else much more major must happen in the Bitcoin community in order to stir up the market and set up some pump and dump schemes again. The halving has come and gone and it seems it wasn't enough to incite a Bitcoin price rally this time around despite all the theoretical supply and demand changes. I wouldn't be surprised if the price stays the same until Christmas.
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Ziskinberg
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July 21, 2016, 12:53:57 PM |
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The price is more matured now compared to the past as we are increasing in volume of users and that makes the foundation of bitcoins strong enough that cannot be easily manipulated anymore. If you believe in the future you should just invest while the halving just tool place this month and we have not seen the effect yet.
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amacar2
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CryptoTalk.Org - Get Paid for every Post!
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July 21, 2016, 05:40:35 PM |
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It dos not matter to ma what the price is before the halving what I want to know is what the price is going to be after the halving. I hope that the price is going to rise after the halving so that I can sell again.
yes better idea for now is to keep holding whatever you have as price can pump anytime as price has already made good floor at 650$ level.
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GamingBro
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July 21, 2016, 11:24:31 PM |
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I don't know, it was the first halving for me, but i think that you should google this date and you will find everything what you need about halving 4 years ago.
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Ziskinberg
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August 15, 2016, 01:24:42 AM |
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It dos not matter to ma what the price is before the halving what I want to know is what the price is going to be after the halving. I hope that the price is going to rise after the halving so that I can sell again.
yes better idea for now is to keep holding whatever you have as price can pump anytime as price has already made good floor at 650$ level. The price is starting to rise now and that's what matters for the investors as we will probably see a good price increase this year alone.
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pitham1
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August 15, 2016, 06:11:14 AM |
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What happened 4 years ago when the halving happened? Did the price plummet like this?
Well if you see what happened 4 years after the halving - there has been a substantial price rise. You shouldn't really look at short time frames.
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