WHAT HAPPENS AFTER THE NEXT BITCOIN HALVING

[hajimasan]

after halving f bitcoin in July 2016 we had almost no change in price but now after almost 4 to 6 months only we are seeing price hike and at the time of halving many miners had gave up mining bitcoin and switched to mining other altcoin to make more profit.

[LittleBitFunny]

The Bitcoin halving in July didn't change much, but the halving of new Bitcoins could mean that the Bitcoin price would increase quicker than before if the market cap was rising at the same rate.

But I think that because Bitcoin mining isn't as profitable as it was before there will be a hike in transaction fees to cover the financial incentive for miners, and this may actually decrease the market cap of Bitcoin due to people's annoyance with the slow and expensive transactions that may occur if no solutions are found.

Luckily, the next halving is ages away.

[Blawpaw]

The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing. If Bitcoin At that time is still successful its price should go up a lot

[Lucius]

The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing. If Bitcoin At that time is still successful its price should go up a lot

Satoshi is designed very good, maybe great way to controls production of BTC,and I think todays price largely reflects his idea of gradual reduction or halving approximately every four years.Last year halving have almost no instantaneous effect as some expected,but after 5-6 months we can see some difference.

Plenty of time should still go through to the next halving,probably will be ups and downs,but generally if things go in the right direction+bigger demand+supply decrease means only one thing-increase in price

[Bananier]

After the next halving there will be only 6,25 bitcoins created every 10 minutes, instead of 12,5 like actually.

[helloeverybody]

The next halving i expect price to increase further. Even with current price one could argue that its already priced in for the next halving . The problem i see us encountering after this next halving though if we've become highly adopted people are going to start noticing how inefficient the current blockchain is. Literally using 1000s of kw/h as more miners jump on board trying to squeeze out as much bitcoin as possible. I fully expect by this time a newer coin which is more energy efficient will have captured the market.

[odolvlobo]

But I think that because Bitcoin mining isn't as profitable as it was before there will be a hike in transaction fees to cover the financial incentive for miners, ...

Miners don't control fees. They take what they can get. Of course, any miner can set a minimum fee, but that would be turning down free money, and it would be a bad business decision (unless they are part of a cartel, of course).

The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing.

The Bitcoin money supply does not decrease. Even with the halvings, it is constantly increasing until it reaches 21 million.

The market supply also does not decrease (or more accurately, shift to the left) because bitcoins are not consumed. Every ten minutes there are more bitcoins, and there are more bitcoins to trade as a result. The current subsidy is ¹/₄ of what it was 5 years ago, yet the exchange volume it is higher now and not lower.

[DarkIT]

price increases. I am convinced by it. if there is no problem, bitcoin might be able to achieve a very high price this year, and it will influence the thinking of large investors. I am quite sure, when the next halving occurs, then bitcoin will rise to the surface in the real world.

[Vyki00]

Just like the last halving price pushes upward and many people doubting the potentials of bitcoin now will still be left behind then.
By my estimation price will rise to the range of $7000+ by then.

I heard that the price of bitcoin began to rise sharply due to the fact that the Chinese are dramatically involved in earning bitcoins. They increased the demand for this cryptocurrency and thus increased the price. Where is the guarantee that the demand will remain at the same level?

[Oggy1987]

Just like the last halving price pushes upward and many people doubting the potentials of bitcoin now will still be left behind then.
By my estimation price will rise to the range of $7000+ by then.

I heard that the price of bitcoin began to rise sharply due to the fact that the Chinese are dramatically involved in earning bitcoins. They increased the demand for this cryptocurrency and thus increased the price. Where is the guarantee that the demand will remain at the same level?

There is never a guarantee, you can see demand going up as more people hear and learn about bitcoin. As new business ideas every day emerging, and potential freelance jobs also. Bitcoin is not only China, in my opinion Japan will soon jump on Bitcoin, especially if government regulates it in a way. Me personally would like it to be regulated in a way, where you dont have to worry about IRS if you sell bigger amount and receive fiat on a bank account.

[TheGodFather]

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

I think the price of bitcoin will rise as usuall. But since thats year away from this day, I think it will rise for as much as 150% from the price today . Thats only my opinion . As they told us, the mining will be half . The harder to get, The higher the price . Just like diamonds, Ores, and Pearls . Right ?

[jonald_fyookball]

by the next halving, Bitcoin will be either worth over $3000 or under $300.

[ASHLIUSZ]

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

I think the price of bitcoin will rise as usuall. But since thats year away from this day, I think it will rise for as much as 150% from the price today . Thats only my opinion . As they told us, the mining will be half . The harder to get, The higher the price . Just like diamonds, Ores, and Pearls . Right ?

The value of bitcoin grows much higher. Right now itself we have got a good price and standing above $1000 for a long. The next halving is years away, so surely in the meantime we'll experience a good price increase which might take it over $2000 and sustain above the same and keeps growing from that.

[Sadlife]

Nothing to worry about in bitcoin halving especially when the price value of bitcoin is stabilize in $1000 i think the last halving occurred when the price of BTC was still around $700 but still that didn't stop bitcoin.
Even if the mining rewards turns to half, the transaction fee is enough to cover the mining fee.

[Dimelord]

With bitcoin price on rise,even a smaller mining rewards will be equal to previous mining rewards.
For example if mining reward goes to 1 btc per block and 1 btc is worth $10,000,wouldn't that be equal to 10 btc at today's btc rate?

Yes,even the smaller mining rewards at that time would be much enough for the miners to run their mining operations profitably.So, the transactions would be carried out even after halving without any issues.

[Juggy777]

No Bitcoins won't be effected by halving, anytime soon. Bitcoins is far more stable than it initially was and the next halving won't really take it it down. As you can see current prices are very much stable. And 2100 is a very long time, we don't even know what the price of bitcoins would be, will government have some new transactions or rules. So I think instead of focusing on a uncertain event, you should focus currently on the price and see if there would be any opportunity, to buy or sell. And yes sadly we would have to depend on the coins in circulations only.

[aso118]

Nothing to worry about in bitcoin halving especially when the price value of bitcoin is stabilize in $1000 i think the last halving occurred when the price of BTC was still around $700 but still that didn't stop bitcoin.
Even if the mining rewards turns to half, the transaction fee is enough to cover the mining fee.

The $700 was achieved in the run up to the halving. People buy bitcoins in anticipation of the halving.
I expect a similar story to repeat itself during the next halving as well.

[Zadicar]

Nothing to worry about in bitcoin halving especially when the price value of bitcoin is stabilize in $1000 i think the last halving occurred when the price of BTC was still around $700 but still that didn't stop bitcoin.
Even if the mining rewards turns to half, the transaction fee is enough to cover the mining fee.

The $700 was achieved in the run up to the halving. People buy bitcoins in anticipation of the halving.
I expect a similar story to repeat itself during the next halving as well.

It would surely repeat in the next halving of bitcoin and it's normal since supply would surely lessen and it's more hard to mine bitcoin.it would really increase its value and talking on past halving it does really increase its price compared when it still on pre-halving.thats why I'm saving up much bitcoin as I can because I really believe on bitcoins potential.

[RustNan]

I think that the bitcoin price will be doubled after a few months of next halving, so $3000 is the next target to be upon.

[BigBall]

I dont think that bitcoin crypto is losted I just think that bitcoin transaction fees will be bigger and bigger and miners will get more money with which they will be happy and block reward will be always regulated to support miners.