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Author Topic: Bitcoin Block Reward Halving Countdown - Excited?  (Read 2029 times)
8Habits (OP)
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July 08, 2016, 05:18:59 AM
 #1

I realized that a day from now will already be the halving Smiley I'm pretty excited I don't know about you, are you?
Please share your thoughts and feelings about the halving.. What are your plan of actions and expectations?

P.S.: I come along the site where it gives countdown and detailed information about how many bitcoins are in circulation as of this date and more, check it out: http://bitcoinblockhalf.com

Note: the site above is not mine nor I am affiliated to it. I just find it interesting to share it to you guys Smiley
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July 08, 2016, 05:36:17 AM
 #2

I realized that a day from now will already be the halving Smiley I'm pretty excited I don't know about you, are you?
Please share your thoughts and feelings about the halving.. What are your plan of actions and expectations?

P.S.: I come along the site where it gives countdown and detailed information about how many bitcoins are in circulation as of this date and more, check it out: http://bitcoinblockhalf.com

Note: the site above is not mine nor I am affiliated to it. I just find it interesting to share it to you guys Smiley

I am no longer excited at the coming halving. Im only excited at the price increase that will occur before and after the halvening. But the increase has laready happened so there is no more need to be excited. But Im still hoping that a sudden increase will come for the second time around to make this halvening more memorable to all of us bitcoin users.
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July 08, 2016, 06:05:12 AM
 #3

I guess theres no big price will exist in the halving day, because the price right now decreased and its only two days before the halving day. But who knows because eventually in just an small amount of time there is big increase or big decrease. So in just 2 days expect the unexpected Grin
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July 08, 2016, 06:12:30 AM
 #4

I think this is a great milestone for us and I would not expect anything drastic to happen on tomorrow itself. However, we can expect a gradual price increase due to the supply drop over the next year or so.
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July 08, 2016, 06:12:51 AM
 #5

I'm excited about the fact that inflation will become lower for bitcoin. Sell pressure may be reduced a bit as a result, which is nice together with the increase in attention from non crypto people.

As far as price moves, I think we had most of those by now. If the price moves as a result of halving, it will more likely be down as a result of over buying in anticipation of the halving.

Looks like it will happen this Saturday, I'll be awake to see it happen!
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July 08, 2016, 06:14:02 AM
 #6

I'm not even sure what to expect at this point, predicting the price is like predicting position and speed of an electron at the same time.
(Physics majors would know that's not possible, Heisenberg anyone?)

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July 08, 2016, 06:48:06 AM
 #7

I'm not even sure what to expect at this point, predicting the price is like predicting position and speed of an electron at the same time.
(Physics majors would know that's not possible, Heisenberg anyone?)
yeah price seems very hard to predict, even in heisenberg's principle either position alone or velocity alone can be measured, but with bitcoin we can't able to predict anything like will price go high, low or extreme low.
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July 08, 2016, 06:52:47 AM
 #8

Ofcourse I am curious about what will happen. But like many others I don't know what to expect the price to do, double? Stay the same? I just don't have a clue. So I guess waiting and watching is the only thing we can do for now. I hope the price will double  Roll Eyes

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July 08, 2016, 09:45:34 AM
 #9

I'm not even sure what to expect at this point, predicting the price is like predicting position and speed of an electron at the same time.
(Physics majors would know that's not possible, Heisenberg anyone?)
yeah price seems very hard to predict, even in heisenberg's principle either position alone or velocity alone can be measured, but with bitcoin we can't able to predict anything like will price go high, low or extreme low.
Majority everyone made their opinions and always believe with this. believed if will getting a higher price when halving is coming. but they forget if no one can predict that. It's a price and relies upon the situation. can change at any time.

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July 08, 2016, 11:06:21 AM
 #10

People have definitely over-hyped this event on the forums. There were too many threads about this, too soon. However, the event is certainly worth celebrating and nobody will be disappointed if they don't have (greedy) expectations (e.g. some are just interested in a potential price increase). I'll definitely (try to) celebrate somewhere. It is almost time to look forward to 2020. Cheesy

But like many others I don't know what to expect the price to do, double? Stay the same? I just don't have a clue. So I guess waiting and watching is the only thing we can do for now. I hope the price will double  Roll Eyes
It doesn't really matter that much IMO. Those people are just somewhat annoying and wasting the time of the readers. Random speculation is pointless.


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July 08, 2016, 11:10:34 AM
 #11

People have definitely over-hyped this event on the forums. There were too many threads about this, too soon. However, the event is certainly worth celebrating and nobody will be disappointed if they don't have (greedy) expectations (e.g. some are just interested in a potential price increase). I'll definitely (try to) celebrate somewhere. It is almost time to look forward to 2020. Cheesy

But like many others I don't know what to expect the price to do, double? Stay the same? I just don't have a clue. So I guess waiting and watching is the only thing we can do for now. I hope the price will double  Roll Eyes
It doesn't really matter that much IMO. Those people are just somewhat annoying and wasting the time of the readers. Random speculation is pointless.



I agree that people have expectations of something happening that is going to raise price to ridiculous levels.  I think after the halving if we manage to maintain a steady  600 to 700 dollars then we will be doing alright.  Expecting to go above 1000 is unrealistic to me, if we do it will be an artificial pump.

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July 08, 2016, 11:32:35 AM
 #12

If bitcoin doesn't spike during the halving, that's good. Because there's no reason for it to. The price buildup to $700 was the effect of the halving. It will not hit $1000 anytime soon.

If bitcoin does spike, it's another big bubble. I'm gonna be out for a while.

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July 08, 2016, 01:26:02 PM
 #13

I'm excited for the halving for two reasons - that awesome physical collectables raffle minerjomes is running, and that the price is expected to go up. Always nice when your stuff becomes more valuable (and I will have to send less bitcoin when buying from steam). The price staying stable would be good to.  I don't think it will affect me negatively out can, so it isn't a huge deal compared to other stuff.

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July 08, 2016, 01:32:07 PM
 #14

The whole thing reminds me of https://en.wikipedia.org/wiki/Apocalypticism.
Get ready for a disappointment.
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July 08, 2016, 02:17:51 PM
 #15

In the past months i was excited but when i read some topic here about the incoming bitcoin halving it changed my mind because i realized that they right that most of the user's think that it's the perfect time to sell all their coins which is on the halving and if that happens it will result for a huge drop for the price Sad. But i'm still hoping for that scenario that it would not happen.
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July 08, 2016, 02:18:51 PM
 #16

Not exactly excited, more afraid ^^'

I mean, I know it's a long term planned project and that halving is really part of the bitcoin but...
Well I'm not in btc since so long so I got no idea of the real effect of havling!
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July 08, 2016, 02:19:24 PM
 #17

The time to make huge profit has already passed, now bitcoin should reajust its value over the next moments, halving will take effect soon, this will make pressure into the big miners, but the new value of bitcoin its already amazing, atleast im very happy to see bitcoin worthing 600 dollars again.
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July 08, 2016, 02:24:17 PM
 #18

I realized that a day from now will already be the halving Smiley I'm pretty excited I don't know about you, are you?
Please share your thoughts and feelings about the halving.. What are your plan of actions and expectations?

P.S.: I come along the site where it gives countdown and detailed information about how many bitcoins are in circulation as of this date and more, check it out: http://bitcoinblockhalf.com

Note: the site above is not mine nor I am affiliated to it. I just find it interesting to share it to you guys Smiley

Yea, I'm pretty excited too...
I think until Tomorrow still a lot will change in the Price...  Cool

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July 08, 2016, 02:24:48 PM
 #19

So much pre-halvening hype. So many dreams of instant riches.

Probability of shattered hopes and post-halvening dumping: 100%.
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July 08, 2016, 02:25:44 PM
 #20

My gut feeling is that the price will crash down to say $590USD after the havening, then up to maybe $620. Of course my "feeling" and a cup of coffee is worth exactly a cup of coffee.

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