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Author Topic: What if price of bitcoin dont increase after halving too.  (Read 3245 times)
heroson (OP)
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July 09, 2016, 11:51:14 AM
 #1

once it came to my mind if it really affects people.
vodaljepa
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July 09, 2016, 11:54:05 AM
 #2

I usually eat bagels for breakfast

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btvGainer
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July 09, 2016, 11:57:43 AM
 #3

once it came to my mind if it really affects people.
If you are not a miner,it wont affect you much.I joined bitcoin when price was around $400.It is much more now.
Superways
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July 09, 2016, 12:00:21 PM
 #4

After halving the price of bitcoin will increase , as at that time it is sure that the supply will be decreased and people will continue to work with bitcoin the same as it is, and if the price did not increased then it will mean that now the stability will happen, and that will also be very better as with that it will become an established currency sooner.
heroson (OP)
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July 09, 2016, 12:02:27 PM
 #5

I usually eat bagels for breakfast
I am wondering if there is some logic behind this.
madwica
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July 09, 2016, 12:14:07 PM
 #6

once it came to my mind if it really affects people.
I think its ok if that will happen because all of the users earn more income as of now if they also start bitcoin with the amount of below 300 dollars but i will continue participating in bitcoin community because it will helps me a lot in terms of financial.
jhenfelipe
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July 09, 2016, 12:18:02 PM
 #7

If that happens, no worries for me.  Bitcoin value today was higher than before and $600 is not a  bad amount. Maybe somehow it will have an effect on people, many will be disappointed since almost all are expecting a price increase. But I don't think people will stop earning it just because of price stability as of these days. Still, I will just go with the flow and hope for the better.
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July 09, 2016, 12:31:59 PM
 #8

I think the halving effet on price speculation occured last month when it increased to 600+, so I don't expect it to rise too.
mishra1994u
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July 09, 2016, 12:32:27 PM
 #9

it will not effect me in any way weather it increases or decreasing because right now i am not holding any bitcoins...I think it will only effect miners and investors
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July 09, 2016, 12:42:56 PM
 #10

It doesn't matter price will increase more higher or not, I'm not miner when I'm already into very safe position than I wouldn't take care about this one.
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July 09, 2016, 12:44:02 PM
 #11

it will not effect me in any way weather it increases or decreasing because right now i am not holding any bitcoins...I think it will only effect miners and investors
Thats correct because all investor and miners are looking for a return of what they invest if the price will not increasing they can lost their investments so it is bad for them, but for me who only earning in campaign i think it is not have big effect for my earnings due the value of bitcoin is too high for now.
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July 09, 2016, 01:05:06 PM
 #12

it will not effect me in any way weather it increases or decreasing because right now i am not holding any bitcoins...I think it will only effect miners and investors
Thats correct because all investor and miners are looking for a return of what they invest if the price will not increasing they can lost their investments so it is bad for them, but for me who only earning in campaign i think it is not have big effect for my earnings due the value of bitcoin is too high for now.
More than anyone else, Bitcoin miners stand to be affected by the halving event as producing blocks is their business and the block reward presents the major chunk of their revenue.
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July 09, 2016, 01:08:00 PM
 #13

I dont see that as a problem, i have accept the bitcoin price since i was using bitcoin, and i dont have any problem with today bitcoin price, a little dissapointed but not a big problem


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sempak
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July 09, 2016, 01:13:17 PM
 #14

I find it strange because until now the price of bitcoin is still stuck below. I became pessimistic that bitcoin prices will rise after halving.
This unexpected.

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July 09, 2016, 01:32:07 PM
 #15

I find it strange because until now the price of bitcoin is still stuck below. I became pessimistic that bitcoin prices will rise after halving.
This unexpected.

Your expectations were too high...

Price is massively up since the end of last year.

The halvingt is not a magical event that will make your coins worth more.. It only reduces inflation of new coins. Adjust your expectations, or you may get burned by them.
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July 09, 2016, 01:53:12 PM
 #16

once it came to my mind if it really affects people.

If there are no increase then it will be like the daily bitcoin routine. But for me whose mode of payment from my online jobs is thru bitcoin the price increase is a very helpful tool since it increases the value of my payout. Here's an example my earning from online jobs from before, last year a is 0.05 weekly but when price rose my payout is still 0.05 weekly at present. The btc is the same amount but the monetary value is x3 compared to last year. That's where and how the price increase affects people like me.
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July 09, 2016, 01:57:07 PM
 #17

once it came to my mind if it really affects people.
Speaking for general people,price does affect.If bitcoin prices fall too much,people will start dumping their coins and no new users will join bitcoin

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July 09, 2016, 02:03:50 PM
 #18

Anything can happen but mostly halving will make bitcoin value increased
Even if bitcoin value not increased, I'm still glad that bitcoin value today are higher rather than I was know bitcoin 1 year ago

Anyway here's counting down video : https://www.youtube.com/watch?v=ovXOZjxFB00

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July 09, 2016, 02:14:50 PM
 #19

it will not effect me in any way weather it increases or decreasing because right now i am not holding any bitcoins...I think it will only effect miners and investors
In a worst-case scenario, a potential resulting decrease in user experience might even lead to users selling their bitcoins, therefore pressing the price and miner revenue even further down which could lead to more miners shutting down their machines.
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July 09, 2016, 02:18:56 PM
 #20

I think this will effect miners more than the normal bitcoin users. Some of the small miners may left which will decrease the difficulty making mining profitable again in the current price. Bitcoin network is just a self balancing network.

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