What is happening?

[purebitco]

but it is also a fact that some people were thinking that after or even just before halving the price of bitcoin will fell down to very low level. but we can see that nothing such happen. and the price remain stable. and i think that is a good thing about bitcoin because it is now expecting that the price of bitcoin will increase so much.

it would be a strange thing if the price dropped, a lot of new people got interested in bitcoins and wanted to make money so the price had to go up

[1715016283]

1715016283

[MyIdeas]

I was also expecting a big price increase in the time of halving but it not happened, by the way it was also my luck that it increase much higher before halving , now I am waiting for the halving effect which everyone here is expecting for the bitcoin.

[Raize]

Probably because everyone thought it would keep increasing is why it hasn't.

Remember that the last halving didn't do much. It wasn't until new ASIC miners came out that the price really started skyrocketing.

[1Referee]

I was also expecting a big price increase in the time of halving but it not happened, by the way it was also my luck that it increase much higher before halving , now I am waiting for the halving effect which everyone here is expecting for the bitcoin.

I don't know where you have been, but the price has gone up considerably already. It happened before the block halving. Right now we are $200 higher than we were exactly 2 months ago. And when the price reached nearly $800 it was even $330 higher in less than a month! Isn't that enough?

[pooya87]

Probably because everyone thought it would keep increasing is why it hasn't.

Remember that the last halving didn't do much. It wasn't until new ASIC miners came out that the price really started skyrocketing.

hmm. let me see some dates!
the first block reward halving has happened on 28 Nov 2012 http://blockexplorer.com/b/210000 price is around $12
2x rise happens on feb 2013 (~2-3 months after having)
3x rise on march 2013 (~3-4 months after having)
19x rise on Apr 9 2013 (~4 months after having)

first ASIC system was shipped out to customers on mid Jan 2014 (https://en.bitcoin.it/wiki/ASIC)--> bitcoin price to the moon but it is after 2 years

am i missing something here?

[helloeverybody]

Probably because everyone thought it would keep increasing is why it hasn't.

Remember that the last halving didn't do much. It wasn't until new ASIC miners came out that the price really started skyrocketing.

hmm. let me see some dates!
the first block reward halving has happened on 28 Nov 2012 http://blockexplorer.com/b/210000 price is around $12
2x rise happens on feb 2013 (~2-3 months after having)
3x rise on march 2013 (~3-4 months after having)
19x rise on Apr 9 2013 (~4 months after having)

first ASIC system was shipped out to customers on mid Jan 2014 (https://en.bitcoin.it/wiki/ASIC)--> bitcoin price to the moon but it is after 2 years

am i missing something here?

Your missing the fact that the 2013 rise was completely artificial caused by the willybot.  We arent going to get such an insane jump like that ever again.  And as price goes higher the actual increases will be smaller.  We already got double just prior to the halving,  anymore is a bonus.

[chaser15]

Probably because everyone thought it would keep increasing is why it hasn't.

Remember that the last halving didn't do much. It wasn't until new ASIC miners came out that the price really started skyrocketing.

hmm. let me see some dates!
the first block reward halving has happened on 28 Nov 2012 http://blockexplorer.com/b/210000 price is around $12
2x rise happens on feb 2013 (~2-3 months after having)
3x rise on march 2013 (~3-4 months after having)
19x rise on Apr 9 2013 (~4 months after having)

first ASIC system was shipped out to customers on mid Jan 2014 (https://en.bitcoin.it/wiki/ASIC)--> bitcoin price to the moon but it is after 2 years

am i missing something here?

Your missing the fact that the 2013 rise was completely artificial caused by the willybot.  We arent going to get such an insane jump like that ever again.  And as price goes higher the actual increases will be smaller.  We already got double just prior to the halving,  anymore is a bonus.

You are also missing the fact that events back then are not the same with the events that will happened today. We don't need an aritifical bot today because no doubt there's an added numbers of investors today even at small stats.

Also, you just said it, a bot that caused that pump. The large pump can happen again without it. I have no such basis in my claims as Im not an expert but I will stand to my statement.

[takingthis4]

I was also expecting a big price increase in the time of halving but it not happened, by the way it was also my luck that it increase much higher before halving , now I am waiting for the halving effect which everyone here is expecting for the bitcoin.

i expected the price growth though i did not put a lot of money into it, to be honest i think that the price is going to start growing in like month

[ASHLIUSZ]

I was also expecting a big price increase in the time of halving but it not happened, by the way it was also my luck that it increase much higher before halving , now I am waiting for the halving effect which everyone here is expecting for the bitcoin.

i expected the price growth though i did not put a lot of money into it, to be honest i think that the price is going to start growing in like month

bitcoin prices began a steady climb from the small drop, several market observers asserted this decline was only temporary, and that the price could push its price higher in the coming weeks.

[funbarrel]

Probably because everyone thought it would keep increasing is why it hasn't.

Remember that the last halving didn't do much. It wasn't until new ASIC miners came out that the price really started skyrocketing.

yeah everyone just holded their bitcoins and that was it, everyone forget that people have to buy bitcoins in order for the price to grow it is not just enough to hold it

[abugseuf]

but it is also a fact that some people were thinking that after or even just before halving the price of bitcoin will fell down to very low level. but we can see that nothing such happen. and the price remain stable. and i think that is a good thing about bitcoin because it is now expecting that the price of bitcoin will increase so much.

it would be a strange thing if the price dropped, a lot of new people got interested in bitcoins and wanted to make money so the price had to go up

hope that the price will not dropped. as it not dropped at the time halving because according to some people the bitcoin will droppe to such a low level because the miners will not take interest any more the value of bitcoin will decrease because people will lose their interest in bitcoin and they will not trade it any more.

[crairezx20]

but it is also a fact that some people were thinking that after or even just before halving the price of bitcoin will fell down to very low level. but we can see that nothing such happen. and the price remain stable. and i think that is a good thing about bitcoin because it is now expecting that the price of bitcoin will increase so much.

it would be a strange thing if the price dropped, a lot of new people got interested in bitcoins and wanted to make money so the price had to go up

hope that the price will not dropped. as it not dropped at the time halving because according to some people the bitcoin will droppe to such a low level because the miners will not take interest any more the value of bitcoin will decrease because people will lose their interest in bitcoin and they will not trade it any more.

I think its impossible to happen because miner they dont let price to go down because its not profitable.. and i think many miners will control the price if they are already a company and many miners.. like in china... the price should be increase and should be balance..

[potatopower]

Probably because everyone thought it would keep increasing is why it hasn't.

Remember that the last halving didn't do much. It wasn't until new ASIC miners came out that the price really started skyrocketing.

hmmm, well you might be right about it, people were expecting for price to grow and they did not buy anything

i hope that people will soon realize that it is still a good opportunity to invest into it and they will put a lot of money into bitcoins

[agustina2]

but it is also a fact that some people were thinking that after or even just before halving the price of bitcoin will fell down to very low level. but we can see that nothing such happen. and the price remain stable. and i think that is a good thing about bitcoin because it is now expecting that the price of bitcoin will increase so much.

it would be a strange thing if the price dropped, a lot of new people got interested in bitcoins and wanted to make money so the price had to go up

hope that the price will not dropped. as it not dropped at the time halving because according to some people the bitcoin will droppe to such a low level because the miners will not take interest any more the value of bitcoin will decrease because people will lose their interest in bitcoin and they will not trade it any more.

No such thing as big price drop will happen, at least in my own point of view. After block halving, if price will go back to the range of below $500 then that is totally a failure to consider in the bitcoin history.

We must set $600 now as the bottom because that is the real thing to happen.

[Raize]

hmm. let me see some dates!
the first block reward halving has happened on 28 Nov 2012 http://blockexplorer.com/b/210000 price is around $12
2x rise happens on feb 2013 (~2-3 months after having)
3x rise on march 2013 (~3-4 months after having)
19x rise on Apr 9 2013 (~4 months after having)

first ASIC system was shipped out to customers on mid Jan 2014 (https://en.bitcoin.it/wiki/ASIC)--> bitcoin price to the moon but it is after 2 years

am i missing something here?

Yes, you are missing that the first ASICs came out in January 2013, not 2014. Or at least they were in full use by February/March 2013. There were two major players, ASICMiner by friedcat (a company that sold shares and traded online only) and Avalon by ngzhang (actual ASIC miners).

[DangerousSausage]

It will grow but now growing is slowlier and slowlier so it needs mire time to wait to grow for bitcoin cryptocurrency up and i think that it will not happent this or next month.

[pooya87]

~~~~~

you have no idea what we are talking about!

hmm. let me see some dates!
the first block reward halving has happened on 28 Nov 2012 http://blockexplorer.com/b/210000 price is around $12
2x rise happens on feb 2013 (~2-3 months after having)
3x rise on march 2013 (~3-4 months after having)
19x rise on Apr 9 2013 (~4 months after having)

first ASIC system was shipped out to customers on mid Jan 2014 (https://en.bitcoin.it/wiki/ASIC)--> bitcoin price to the moon but it is after 2 years

am i missing something here?

Yes, you are missing that the first ASICs came out in January 2013, not 2014. Or at least they were in full use by February/March 2013. There were two major players, ASICMiner by friedcat (a company that sold shares and traded online only) and Avalon by ngzhang (actual ASIC miners).

thanks, i did not know that.
now i also found this http://bitcoin.stackexchange.com/questions/40944/when-did-the-asic-mining-era-begin which approves what you said.
apparently "Jeff Garzik" is the one of the first to receive an Avalon miner on Jan, 2013 and post a review about it.

[Javi_Anibarro]

I think it will rise a bit and the drop dramatically, maybe it's jsut me, but checking the amounts that some pages have

[Batelk]

The having effect on the bitcoin will be felt 5 or months after the halving. So the price will rise a lot early next year.

[Das]

You all want the price to rise because you are bitcoin traders, altcoins have come on board to compete with bitcoins.
Maybe it's time to add some viable altcoins to your list of goods for sale...