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Author Topic: What is the next BIG event after block halving that may boost bitcoin price?  (Read 1895 times)
GermanGiant (OP)
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July 15, 2016, 11:55:53 AM
 #1

...any idea?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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July 15, 2016, 12:36:32 PM
 #2

Hmmm.... I guess that will be the blocksize increase. If we can successfully increase the block size and scale up, and without compromising the network, that will the greater than the reward halving. However, there is no date to that yet!
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July 15, 2016, 01:18:23 PM
 #3

I am anticipating the effects of halving of rewards to miners.Will it affect our transaction speed? Higher charges? Is mining still profitable? That remains to seen in the coming months.

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July 15, 2016, 03:20:42 PM
 #4

Hmmm.... I guess that will be the blocksize increase. If we can successfully increase the block size and scale up, and without compromising the network, that will the greater than the reward halving. However, there is no date to that yet!
If u mean blocksize increase in literal sense, i.e. though hard fork, then I doubt it'll ever happen. But, if u mean capacity increase through SegWit, which is equivalent to blocksize increase, then I'm unsure how the market will react to it in short term.

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July 15, 2016, 03:24:24 PM
 #5

...any idea?
Bitcoin's only need is an international news report, it should be a good and informative report and once that happened, expect a thousands of people that will search bitcoin in Google. New users means new demand, new demand means price increase.
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July 15, 2016, 03:26:12 PM
 #6

The next big event will be the deployment of segregated witness into the network. Once this happens, stuff like sidechain and Lightning Network will be closer than ever, so all we need is to keep supporting Core devs and we will get there.
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July 15, 2016, 03:37:22 PM
 #7

...any idea?

I guess we have to wait for a flood of new users/investors, how this many come is anybodies guess. Maybe we need a big company to start accepting bitcoin.

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July 15, 2016, 03:57:52 PM
 #8

...any idea?

By the way,the block hlaving didn`t boost the bitcoin price  Sad

I wouldn`t say that it will be a big event.Maybe a couple of small events.

Maybe when investors start growing another bitcoin bubble.... Grin

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July 15, 2016, 03:59:30 PM
 #9

Block size increase will never give us anything else than a quick pump and dump. It's the clever stuff like segwit hand lighting the stuff that makes the software more solid and trusted.
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July 15, 2016, 04:03:14 PM
 #10

The next big event(s) that would be the biggest thing for Bitcoin and subsequently the value would be an increase in the blocksize to something for future-proof, being either 2MB or 4MB, depending on what might be required in order to maintain everything in the future.

The other big event would be a country publicly getting involved in Bitcoin one way or the other, especially a developed one.
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July 15, 2016, 04:03:22 PM
 #11

the block halving itself.
what you didn't realize about block halving is that, it just happened so the effect which will boost bitcoin price up will happen soon but it takes a while to see that effect.
just take a look at last time it happened. it took nearly 2 month before any major rise in bitcoin price.

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July 15, 2016, 04:06:07 PM
 #12

The next halving?

You know, generally the events won't come with months of warning, they just all of sudden happen. The halving awas an exception
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July 15, 2016, 05:12:36 PM
 #13

I think the next event will be the openning of 10 petahash  mining farm of  MCafee.  I read that they have done some testing and already confirmed that they think it will work.  So they are aiming this mid August for the start of their project.  And probably the bubble burst Cheesy

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July 15, 2016, 05:22:55 PM
 #14

Its really hard to tell, it could be anything i reckon it will riase this year so prob a good time to buy.....
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July 15, 2016, 05:31:00 PM
 #15

to me the next BIG event that can boost the price of bitcoin i think some countries will legalize bitcoin and they will impose tax on bitcoin. so it will make people more confident and they will invest most of their money here in bitcoin.
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July 15, 2016, 06:25:56 PM
 #16

Still we are yet to see real halving effect on price. It will take several months but it is quite sure the recent halving can certainly boost the price within this year even without any new event. Atleast halving have made price stable above 600$ range.

 
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July 15, 2016, 06:36:06 PM
 #17

See the link in my signature. The best way to increase the price of BTC is to increase demand for it, and the best way to increase demand is to have more users. Why the big players (e.g. Coinbase) don't have a marketing campaign is a mystery to me.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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July 15, 2016, 07:15:17 PM
 #18

I really have no idea but maybe, just maybe, if bitcoin gains an official stand and global recognition, as in publicly recognized by all the powerful countries, may be boost bitcoin's price as there will be big investors that may join in the game.
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July 15, 2016, 07:37:04 PM
 #19

The fall of the 1MB wall.

Followed by the orderly dissolution of the corporate entity that harnessed and used it as an economic policy tool for centrally planning Bitcoin's growth trajectory into their own pockets.
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July 15, 2016, 07:41:14 PM
 #20

I dotn think segwit will be much of a game changer, I dont think it will make more people want to invest. It will make the network run as it should but how many poeple are actually on the sideline thinking the transactions are too slow so i cant invest? the only thing i can see that will make any solid difference is the next halvning. Its worked every other time.

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