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Author Topic: BITCOIN HALVING?  (Read 3889 times)
krisnt80
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May 27, 2017, 11:07:02 PM
 #21

Is it better to buy bitcoin when bitcoin halving come?

I think it is better to buy bitcoin before the halving come.  Bitcoin history shows that there is always an increase in price when bitcoin halving occurred.  So it would be best to buy bitcoin when bitcoin halving is a year away since hype start as early as six months from the halving events.  From that you can at least get a profit from the increase due to bitcoin halving hype.

The last halving happened at June 2016 and the price went from 400 to 600-700 dollars before the halving, then dropped a bit and started to raise, the halving were a measure to make bitcoin get more value over time, knowing the halving does reduce the reward to half, it makes the price to double every 210 000 bitcoin blocks, the next one will happen at 2020, if you take into consideration the last halving the new price would be around 1200-1400 dollars, but we are already at those soo, the sky is the limit.
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May 27, 2017, 11:19:05 PM
 #22

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?
I think before halving is it good to buy bitcoin because of it will come bitcoin block reward reduced by half from 12.5
So our source of bitcoin will reduce and if bitcoin is in demand expect that the price movement will increase fast..
Just like what happen last year the price was increase fast.

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May 27, 2017, 11:28:38 PM
 #23

Is it better to buy bitcoin when bitcoin halving come?

I think it is better to buy bitcoin before the halving come.  Bitcoin history shows that there is always an increase in price when bitcoin halving occurred.  So it would be best to buy bitcoin when bitcoin halving is a year away since hype start as early as six months from the halving events.  From that you can at least get a profit from the increase due to bitcoin halving hype.

The last halving happened at June 2016 and the price went from 400 to 600-700 dollars before the halving, then dropped a bit and started to raise, the halving were a measure to make bitcoin get more value over time, knowing the halving does reduce the reward to half, it makes the price to double every 210 000 bitcoin blocks, the next one will happen at 2020, if you take into consideration the last halving the new price would be around 1200-1400 dollars, but we are already at those soo, the sky is the limit.
Well its one of the important sign for me when to buy bitcoins because of block halving the price can be increase more due to halving bitcoin block rewards so from 12.5 btc rewards they can mine every block of 6.25 btc..
Like other said if the demand is the same as before and the sources of bitcoin was reduce it will be affected the value of bitcoin so expect for the price increase after block halving..

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May 27, 2017, 11:39:07 PM
 #24

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?

Since there are lots of answers now about bitcoin halving, you can take that as reference and do some follow up study by searching on Google. The basics of it is easy to understand no worries.

Disregard bitcoin halving when we are talking about best time to buy since timing for this will depend on the current price movement. If you want to buy bitcoin then analyze the situation first if in what phase does the trend is currently sitting. We have bull market where continous price increase and bear market where most of the actions are dump. But if you want to disregard that thing then go buy at your own will and sees what will be the output. Since bitcoin will only moves forward, even the moment the price crash after you bought, surely it will revamp.
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May 28, 2017, 12:51:52 AM
 #25

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?
The next bitcoin halving  will happen on the  year 2020. Or you can check it here.
http://www.bitcoinblockhalf.com/

Although some people says that when halving takes place bitcoin increases its price.

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May 28, 2017, 01:45:00 AM
 #26

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?
Google knows a lot about what happens when, and why, Bitcoin halves. It also has a lot of valuable information to learn from regarding Bitcoin in general, believe it or not.
There is no problem when there is a halving with the block reward because it is a built-in feature that is supposed to occur at a set time, and everyone basically knows when it will happen.
Halvings typically just increase the value and it doesn't make it a better or worse time to invest, for the most part.
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May 28, 2017, 04:12:10 AM
 #27

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?
The next bitcoin halving  will happen on the  year 2020. Or you can check it here.
http://www.bitcoinblockhalf.com/

Although some people says that when halving takes place bitcoin increases its price.
For sure the price of bitcoin will go up because the supply will decrease and the difficulty for the miners will go up so it will be hard to mine and the supply will not be that easy to get so if the demand will continue then the price of bitcoin will surely go up and soon it will become even more expensive than before.

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May 28, 2017, 06:08:54 AM
 #28

Is it better to buy bitcoin when bitcoin halving come?

I think it is better to buy bitcoin before the halving come.  Bitcoin history shows that there is always an increase in price when bitcoin halving occurred.  So it would be best to buy bitcoin when bitcoin halving is a year away since hype start as early as six months from the halving events.  From that you can at least get a profit from the increase due to bitcoin halving hype.

The last halving happened at June 2016 and the price went from 400 to 600-700 dollars before the halving, then dropped a bit and started to raise, the halving were a measure to make bitcoin get more value over time, knowing the halving does reduce the reward to half, it makes the price to double every 210 000 bitcoin blocks, the next one will happen at 2020, if you take into consideration the last halving the new price would be around 1200-1400 dollars, but we are already at those soo, the sky is the limit.
Well its one of the important sign for me when to buy bitcoins because of block halving the price can be increase more due to halving bitcoin block rewards so from 12.5 btc rewards they can mine every block of 6.25 btc..
Like other said if the demand is the same as before and the sources of bitcoin was reduce it will be affected the value of bitcoin so expect for the price increase after block halving..

The fees should increase even more (and sooner)

Apart from the fees, massive hype and heavy hysteria start typically a year before the actual event, and the price starts rising a few months till the halving. Since most people think they are smarter than the rest of the pack ("on a scale of one to ten, you probably think you're a seven, and you wouldn't be alone"), they will try to cash out a few weeks before the halving. But since they are just like others, the price will crash monumentally preceding the event (as it happened in 2016). The long term effects of halving will start to manifest themselves in about half a year after the halving



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btcton
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May 28, 2017, 06:25:12 AM
 #29

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?
The next bitcoin halving  will happen on the  year 2020. Or you can check it here.
http://www.bitcoinblockhalf.com/

Although some people says that when halving takes place bitcoin increases its price.
For sure the price of bitcoin will go up because the supply will decrease and the difficulty for the miners will go up so it will be hard to mine and the supply will not be that easy to get so if the demand will continue then the price of bitcoin will surely go up and soon it will become even more expensive than before.
Rather than it being an immediate increase, it is most likely to be a gradual one that has already started. With a deflating currency, its value actually increases without much regard to its scarcity as long as the future scarcity is already known in advance. So in this case, because people know bitcoin will halve, there will not be any one point in time at which the value will go up. Of course, the value will shoot up somewhat near the halving, but this is because of other factors such as how not everyone knows about the halving and are caught off guard as well as day traders making their gambles.

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May 28, 2017, 07:14:43 AM
 #30

Is it better to buy bitcoin when bitcoin halving come?

I think it is better to buy bitcoin before the halving come.  Bitcoin history shows that there is always an increase in price when bitcoin halving occurred.  So it would be best to buy bitcoin when bitcoin halving is a year away since hype start as early as six months from the halving events.  From that you can at least get a profit from the increase due to bitcoin halving hype.

The last halving happened at June 2016 and the price went from 400 to 600-700 dollars before the halving, then dropped a bit and started to raise, the halving were a measure to make bitcoin get more value over time, knowing the halving does reduce the reward to half, it makes the price to double every 210 000 bitcoin blocks, the next one will happen at 2020, if you take into consideration the last halving the new price would be around 1200-1400 dollars, but we are already at those soo, the sky is the limit.
Well its one of the important sign for me when to buy bitcoins because of block halving the price can be increase more due to halving bitcoin block rewards so from 12.5 btc rewards they can mine every block of 6.25 btc..
Like other said if the demand is the same as before and the sources of bitcoin was reduce it will be affected the value of bitcoin so expect for the price increase after block halving..

The fees should increase even more (and sooner)

Apart from the fees, massive hype and heavy hysteria start typically a year before the actual event, and the price starts rising a few months till the halving. Since most people think they are smarter than the rest of the pack ("on a scale of one to ten, you probably think you're a seven, and you wouldn't be alone"), they will try to cash out a few weeks before the halving. But since they are just like others, the price will crash monumentally preceding the event (as it happened in 2016). The long term effects of halving will start to manifest themselves in about half a year after the halving

The halving has its own ups and down. But it is one of the most special event for traders and many are going to hype the market months or weeks before the halving and when the halving is near a huge dump will occur and after the halving the price will again go back up. I remember what happened last halving many have been a victim of the pump and dump.
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May 28, 2017, 07:27:24 AM
 #31

This is a situation when the amount of new bitcoin created and earned by miners with each new block of transactions is about to be cut in half. It is part of bitcoin’s predictable, transparent monetary policy. When these sorts of changes in bitcoin’s inflation rate take place, it's known as a halving event. Let me explain better:

Whenever a miner solves a Bitcoin block he gets Bitcoins as a reward, that’s how Bitcoins come into this world. When Satoshi Nakamoto, the father hinself, set up the rules for the Bitcoin protocol he stated that the number of bitcoins generated per block is set to decrease geometrically (by 50%) every 210,000 blocks. Since 6 blocks are found on average within an hour and halving happens once every 210,000 blocks, this means that every 4 years (give or take) there will be a halving event which means that the reward the miners will be reduced to 50% of what it used to be.

The main reason why this is done is to keep inflation under control. One of the major faults of traditional, “fiat”, currencies controlled by central banks is that the banks can print as much of the currency as they want, and if they print too much, the laws of supply and demand ensure that the value of the currency starts dropping quickly.

Many bitcoin enthusiasts are convinced that the halving will have an immensely positive impact on the bitcoin price and it's true that the bitcoin price has risen quite substantially before leading up to the drop in the block reward. Whether this increase will continue after halving occurs is still up for debate.


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May 28, 2017, 07:32:47 AM
 #32

the next halving is scheduled in 2020, probably early than the date of the one in 2016, the value will likely increase like it happened with this last halving

even so people were saying otherwise the value did increase after the halving, and it's partially the reason of this last pump, the value just increase with a delay, not exactly the same date

it's better if youbuy before the halving most of the time yes
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May 28, 2017, 12:37:09 PM
 #33

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?
I think before halving is it good to buy bitcoin because of it will come bitcoin block reward reduced by half from 12.5
So our source of bitcoin will reduce and if bitcoin is in demand expect that the price movement will increase fast..
Just like what happen last year the price was increase fast.

Unfortunately, a lot of people think like you and the price shoots up before the actual halving. So it is tough to get a good price on Bitcoin just before the halving. The halving is "priced in" long before the actual event.

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May 29, 2017, 12:35:10 AM
 #34

Its true the last halving at 2016 had been pumped the bitcoin at December, it were around 300-350 the all year till December when the coin went to 500 dollars, and near the halving it had reached 700, few days after the price had dropped to 500-600 dollars, soo you need to be smarter and buy as soon as possible before the halving, being 1 year or even sooner, because people will start to pump knowing the next halving is coming.
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May 29, 2017, 12:59:12 AM
Last edit: May 29, 2017, 01:34:10 AM by STT
 #35

Seems to be a  miscomprehension by the speculating masses really.   The real effect of halving block reward is literally reducing supply of coins from that source, in effect cumulative not instantaneous is its inertia.    The alternative source of coins is free floated coins on exchange and other high cash activities, of course we have tons of casino and gambling done in bitcoin.   All that free supply of old coins is elevated by a reduced block reward.

Block reward is a kind of inflation to the money supply.   Its not terrible but its devaluing bitcoin with each block , of course famously Bitcoin only has 21 million maximum but still right now this effect is in play.   So when we decrease this inflation its effecting price.   This is part of the reason prices are rising now, of course markets over do it and get ahead of themselves but part of pressure of pirces is real too and bitcoin held by people who arent miners are worth a little bit more.

The miners themselves are more likely to kick up a fuss each time their 'pay' goes down.   They need to realise any normal successful system works by serving the masses, quantities (and quality) of transactions have to be allowed to rise.  The more rigid and brittle the thinking behind bitcoin, the more likely it will shatter into a thousand separate alternative pieces of crypto I think.  

https://youtu.be/YxclmijvQsA?t=185

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odolvlobo
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May 29, 2017, 06:32:08 AM
Last edit: May 29, 2017, 07:06:22 AM by odolvlobo
 #36

... during which the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value.
For sure the price of bitcoin will go up because the supply will decrease...
... Like other said if the demand is the same as before and the sources of bitcoin was reduce it will be affected the value of bitcoin so expect for the price increase after block halving.
So our source of bitcoin will reduce ...

That is a common misconception. The supply of bitcoins is not halved. It is constantly increasing until the last new satoshi is created.

I think it is the right time to buy bitcoin because even the price is very high after halving for sure the price will become double.
... the halving were a measure to make bitcoin get more value over time, knowing the halving does reduce the reward to half, it makes the price to double every 210 000 bitcoin blocks, ...
No. The halving does not cause the price to double.

There will be double the number of bitcoins there used to be.
Doubling the total number of coins(supply) could mean the value of btc will immediately decrease by half.
WTF? NO! That is wrong.

Bitcoin halving is season when the value of bitcoin cut into half and then after a months bitcoin will double itself value.
But halving from the word itself half is it mean the price of the bitcoin turn into half ...
... But from the term itself, bitcoin halving is the halving of the price of the bitcoin.
OMG! NO! That is wrong.

Why do people write this this crap? Oh, right! They are spamming the forums in order to pump up their post count.

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May 29, 2017, 06:47:58 AM
 #37

I think it will be very interesting if it happens again, I am so sure, bitcoin halving will bring the bitcoin price higher than before. Maybe the bitcoin price will be above $ 3000 if it happens again this year. Well, i always expect the best.



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May 29, 2017, 06:53:26 AM
 #38

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?


Bitcoin halving is a phenomenon that happens every around for years it happened last year which means that it won't happen again for until around 2020. Basically what happened is that the block reward halves when the block number is hit.

The price will generally rise after a halving happens because bitcoin is basically getting harder to mine all of a sudden. I suggest you start buying cheap coins around a year before halving to take advantage.

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May 29, 2017, 07:11:34 AM
 #39

I think it will be very interesting if it happens again, I am so sure, bitcoin halving will bring the bitcoin price higher than before. Maybe the bitcoin price will be above $ 3000 if it happens again this year. Well, i always expect the best.

A senior member yet don't know the interval of bitcoin halving. You didn't even bother to look up bitcoin halving before posting your non-sense here. "Hope that bitcoin halving happens this year and hope that the price will increase up to $3000." Typical mindless shit poster.

First of all, bitcoin halving happens every four years. You can use this website to see when's the next bitcoin halving and a countdown how many days left. Second, the price of bitcoin will not necessarily go up when the bitcoin halving happens. Last year, the bitcoin halving has happened. Many people expected that the price will go up but it only went up on the last days of december and start of January. Bitcoin halving helps the price of bitcoin to go up in the long run, not right away.

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May 29, 2017, 07:26:16 AM
 #40

The media and people invested in Bitcoin usually hype the @#$#$% out of the Halving to push the demand, so you will see a slight increase in the price before the Halving and once all the hype has died down, you will see a small drop in the price. The short term speculators usually jump in before the Halving and then just before the "correction" they all jump ship and start selling to cash in on the higher price. ^smile^

It is just a event that are blown up by short term investors.

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