Two weeks after the halving , price didn't get affected yet ?

[OmegaStarScream]

So how come that the halving block reward happened two weeks (almost) ago and the price still didn't place , there is no increase and It seem pretty stable ?

[shinratensei_]

So how come that the halving block reward happened two weeks (almost) ago and the price still didn't place , there is no increase and It seem pretty stable ?

the price just increases for a little and I saw that in my local exchange but with a stability. not rising with a frontal condition. I sure it's will increase for a little in every week but with the stability. maybe the main effect it's not just about the increase of price but about the increases and the stability.

[erpbridge]

Price is just driven by the people buying and selling. The only reason price would have increased would have been by speculation and the fact that block rewards are down so price should go up. But at the same time a lot of people have also started selling their btc and the upward movement is facing the resistance from those sellers. So its about the same price right now. Its hard to say that it will go up in the future for the same reason.

[Sidas_Crew669]

So how come that the halving block reward happened two weeks (almost) ago and the price still didn't place , there is no increase and It seem pretty stable ?

I think that's probably the only condition that has not been stable, so prices can not rise drastically. I think that's not a problem, because if we buy a bitcoin before halving (over 2 months ago before halving) then the price is now more profitable and it could make us have fun

[ObscureBean]

Bitcoins are rarer now but that doesn't mean anything if demand remains unchanged. I think we're doing pretty good right now, I was actually a little worried we might experience a dip. Value will likely go up gradually as more people join but this will take time. A slow gradual increase is always better than a rapid one (unless you're a speculator).

[Wapinter]

So how come that the halving block reward happened two weeks (almost) ago and the price still didn't place , there is no increase and It seem pretty stable ?

price depends on market demand and supply while halving has reduced the reward for miners,it has not decereased the supply and availability of bitcoin in market.It may take some time for halving to affect market forces.wait and be patient we can see new records towards the end of this year

[rphk]

as observed  bitcoin price increases little bit and goes stable,  i believe people are waiting for the price to increase  , hope that once demand increases bitcoin price may go high 

[OmegaStarScream]

Bitcoins are rarer now but that doesn't mean anything if demand remains unchanged. I think we're doing pretty good right now, I was actually a little worried we might experience a dip. Value will likely go up gradually as more people join but this will take time. A slow gradual increase is always better than a rapid one (unless you're a speculator).

If demand stays the same , won't the price increase as well ? since there is less supply , I don't think demand should increase so the price increase with it .

[helloeverybody]

The halving was already priced in before the day actually came.  We already doubled from where we where some months ago and now we are sitting fairly stable  (maybe the most stable we've ever been) at 650-700. Theres still great possibility that we will go up but it's extremely difficult with the amount of weak hands that are happy to part with their bitcoin in the 700-1000 range.

[tyz]

I predicted that in several posts before the halving. All the halving effects have been priced in months before the actual halving event. One year ago, the price of Bitcoin was around one third of the current one. Halving was already discussed last year, and most of the expectations and the fact of limitations of new Bitcoin creation was steadily priced into the Bitcoin value. Therefore it is not such a big suprise that the price is not making big movements.

[CoinBreader]

Halving effect has already took place at some point but not finished yet, as network diff rising and profits for miners shrinking there are more yet to come, maybe it would be in 1 month 6 ? no body really knows, if small miners percentage shrink & more big mining companys come to play they we should see a rise, cause companys have a plan at which point they will cash out or hodl versus to a small miner that have to pay his bill and with no (or even 0 ) backup fund.
So we need to stay tuned ! and watch the price rising.. hopefully ! 

[davis196]

So how come that the halving block reward happened two weeks (almost) ago and the price still didn't place , there is no increase and It seem pretty stable ?

Obviously the halving doesn`t affect the bitcoin price.

The price went from 420$ to 770$ because of the chinese people who were buying lots of btc.

The chinese people stopped buying and the price isn`t going up now.

[raver36]

You can clearly see how the price went double for the past 7-8 months from $350 to $650 now. This adjusted for the miners' losses.

Furthermore, every serious miner knows really well about the halving and has made his plans about the future. If one was to stop mining, he would do it months before the halving so that he can sell his equipment

[serjent05]

So how come that the halving block reward happened two weeks (almost) ago and the price still didn't place , there is no increase and It seem pretty stable ?

I think this is healthy. price becoming stable for bitcoin means merchant won't be hesitant in adopting the coin.  Normal non investor people will also take notice of using bitcoin becausee they somehow feel that the moment they buy bitcoin, they don't think that they paymore and received less.  It will also good for Bitcoin to have price increase slowly not a sudden bubble then burst.

[xuan87]

I think in order to feel the effect of halving we still need time, eventhough i am a bit surprised that the price is still as high as before halving, maybe we can feel the effect in few more months, but for sure the halving effect is going to happen

[hasiramasenju]

my first experience for halving but honestly i'm a bit dissapointed because even though the prices looks stable but it was never reach again to $700 above even i do expect 1 or 2 weeks later after halving the prices will increase but unfortunately it does not happen

[raver36]

I think in order to feel the effect of halving we still need time, eventhough i am a bit surprised that the price is still as high as before halving, maybe we can feel the effect in few more months, but for sure the halving effect is going to happen

And what effects do you predict?

[coinzat]

I speculated before the halving that when it happens, the price may have some correction because many people are waiting for the dramatic increase and when they don't see it they will sell. so I am happy with the stable market. it is better than the falling one

[ObscureBean]

Bitcoins are rarer now but that doesn't mean anything if demand remains unchanged. I think we're doing pretty good right now, I was actually a little worried we might experience a dip. Value will likely go up gradually as more people join but this will take time. A slow gradual increase is always better than a rapid one (unless you're a speculator).

If demand stays the same , won't the price increase as well ? since there is less supply , I don't think demand should increase so the price increase with it .

My bad, what I meant to say is that Bitcoin being rarer doesn't necessarily mean the price will go up even if demand remains unchanged.There are fewer Bitcoins being produced but for this to translate into a price increase, people need to be willing to pay more and that's not a given. Miners need to sell coins to pay for expenses but buyers don't need to buy coins. Sellers cannot really dictate the price since Bitcoin is not a necessity. However there is a good chance the price will slowly go up as more people get into Bitcoin.

[btcdiggingmaster]

Automatically price will increase due to because bitcoin network user transaction are grouped in blocks and recorded to digital public ledger called a block chain. So miners are in charge of this task, and receive a mining reward in the form of bitcoins for each block recorded. That's the halving procedure so definitely there should be increase in the bitcoin price.BTC