deisik
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May 29, 2017, 08:05:02 AM |
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... 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 Yeah, there seems to be a bit of misunderstanding People often erroneously (?) refer to money supply as an increase in the monetary base per unit of time (in this case, in the number of coins mined), and that increase does get halved every 4 years, obviously. That said, the Bitcoin monetary supply gets increased purely nominally since we don't know how many coins get lost for good every now and then. I guess we should also include to the lost amounts dust which is virtually impossible to move (due to high fees). In this manner, the available Bitcoin supply may in fact decrease slowly over time along with reward halvings
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Question123
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May 29, 2017, 08:28:30 AM |
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For me its better if you buy bitcoin now because I believe the price of bitcoin after halving become double . So if you have extra money buy bitcoin and can hold it for few months and for sure you can earn profit. Many people now for sure buying bitcoins because they wait the halving. But no one knows what happen in bitcoin orice after halving so its better if you buy bitcoin with your extra income dont buy all your money because what if bitcoin price dump your money also dump or decrease and they have possible to lose.
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valta4065
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May 29, 2017, 08:42:05 AM |
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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?
Yeah there is a problem. BTC price double around the halving Halving is not some magical shit that destroys everything you know? It's a planned caracteristic of BTC. It's only thanks to halving that it's logical to see BTC price rising and rising and rising again. Simply because supply decreases!
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gabmen
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May 29, 2017, 02:26:24 PM |
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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?
Yeah there is a problem. BTC price double around the halving Halving is not some magical shit that destroys everything you know? It's a planned caracteristic of BTC. It's only thanks to halving that it's logical to see BTC price rising and rising and rising again. Simply because supply decreases! yeah this happened I think last year when I was fairly new to btc. it was a very good time to stack up on btcs though I never thought that buying a lot of btc then and holding it now would give me this much earnings this early. sucks that I didn't trust btc then
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bitcoinvestor
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May 29, 2017, 04:53:01 PM |
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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?
Yeah there is a problem. BTC price double around the halving Halving is not some magical shit that destroys everything you know? It's a planned caracteristic of BTC. It's only thanks to halving that it's logical to see BTC price rising and rising and rising again. Simply because supply decreases! yeah this happened I think last year when I was fairly new to btc. it was a very good time to stack up on btcs though I never thought that buying a lot of btc then and holding it now would give me this much earnings this early. sucks that I didn't trust btc then Supply and Demand law. That's natural since bitcoin is the first popular cryptocurrency. Bitcoin will control all the cryptocoins markets. That's the genius of Satoshi Nakamoto. Some predition said that bitcoin wil reach $10000 more.
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izanagi narukami
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May 29, 2017, 04:56:55 PM |
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Logically, buying before halving can be profitable up to 4x from current value. For past example , because bitcoin already reach halving before on year 2015 / 2016 , bitcoin value getting increase significantly
So from now, it's better to gather more investor before it's too late ! ( you can start with your family or friend
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stompix
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Blackjack.fun
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May 29, 2017, 05:06:40 PM |
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Logically, buying before halving can be profitable up to 4x from current value. For past example , because bitcoin already reach halving before on year 2015 / 2016 , bitcoin value getting increase significantly
So from now, it's better to gather more investor before it's too late ! ( you can start with your family or friend
No, nothing logically. Check the dates of the previous halving and the jumps in bitcoin prices. Most notable ones are nowhere near the halving. And not even close to double not 4x. The last one in 2016 bought a puny 25% increase that goes unnoticed compared to the goxbot saga or Cyprus hype.
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deisik
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May 30, 2017, 11:16:51 AM |
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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?
Yeah there is a problem. BTC price double around the halving Halving is not some magical shit that destroys everything you know? It's a planned caracteristic of BTC. It's only thanks to halving that it's logical to see BTC price rising and rising and rising again. Simply because supply decreases! yeah this happened I think last year when I was fairly new to btc. it was a very good time to stack up on btcs though I never thought that buying a lot of btc then and holding it now would give me this much earnings this early. sucks that I didn't trust btc then Supply and Demand law. That's natural since bitcoin is the first popular cryptocurrency. Bitcoin will control all the cryptocoins markets. That's the genius of Satoshi Nakamoto. Some predition said that bitcoin wil reach $10000 more. Predictions don't matter a fuck in Bitcoin (as well as in other cryptocoins) Many notable or even distinguished economists alive today (and which were alive back then when Bitcoin had only kicked off) predicted its quick demise and oblivion, but, surprisingly, it is still kicking and very far from obscurity. I guess many of the already passed ones would claim the same if they were alive today. Indeed, if take a thousand predictions, one of them might come true after all, just like a broken clock is right twice a day. But this obviously works against Bitcoin as easily. So just being the king of crypto today doesn't mean that Bitcoin will remain it tomorrow, especially if its current isuues, quarrels and disagreements will lead to a deadend and a deadlock (and they certainly can)
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shield132
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May 30, 2017, 11:20:34 AM |
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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?
Seems you are very new here because last summer bitcointalk was full of threads about bitcoin halving. Btw everyone thought that price would be high after halving but it was still same and stable for some time. Bitcoin price rised these months, not after halving. Maybe everyone will give you recomendation about buying bitcoins before halving but I mentioned that price was still same after last halving.
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deisik
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May 30, 2017, 11:29:53 AM |
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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?
Seems you are very new here because last summer bitcointalk was full of threads about bitcoin halving. Btw everyone thought that price would be high after halving but it was still same and stable for some time. Bitcoin price rised these months, not after halving. Maybe everyone will give you recomendation about buying bitcoins before halving but I mentioned that price was still same after last halving. The price didn't rise after the last having because, first, it had been heavily hyped before the halving and corrected massively just prior the event (which should have been expected), and, second, the largest Bitcoin exchange, Bitfinex, was hacked in about two weeks after the halving. But this doesn't in the least mean that the halving had no effect whatsoever on Bitcoin price. It just took some time to kick in. Thus, you should keep in mind that Bitcoin halving is not so much a stand-alone event but rather a lasting process The results of which may become noticeable only a few months later
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sunsilk
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May 30, 2017, 11:34:57 AM |
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Do someone here know about bitcoin halving?
Most of the people that started bitcoin last year know about halving. Most of us here witnessed the halving that happened last year. Is there a problem when bitcoin halving hits?
The difficulty for the block reward increases. To know more about it : https://en.bitcoin.it/wiki/Controlled_supplyIs it better to buy bitcoin when bitcoin halving come?
Yes, probably before the halving happens, you should buy as the result of it the price increases. Here is the schedule of the next halving : http://www.thehalvening.com/#1
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BitHodler
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May 30, 2017, 11:57:10 AM |
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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?
Seems you are very new here because last summer bitcointalk was full of threads about bitcoin halving. Btw everyone thought that price would be high after halving but it was still same and stable for some time. Bitcoin price rised these months, not after halving. Maybe everyone will give you recomendation about buying bitcoins before halving but I mentioned that price was still same after last halving. The price didn't rise after the last having because, first, it had been heavily hyped before the halving and corrected massively just prior the event (which should have been expected), and, second, the largest Bitcoin exchange, Bitfinex, was hacked in about two weeks after the halving. But this doesn't in the least mean that the halving had no effect whatsoever on Bitcoin price. It just took some time to kick in. Thus, you should keep in mind that Bitcoin halving is not so much a stand-alone event but rather a lasting process The results of which may become noticeable only a few months later People here are simple minded. They don't take into consideration how the price increased before the actual halving took place. In their eyes it's like this ~ the price didn't increase directly after the block halving as everyone predicted, and thus it didn't have any impact. That's their logic. People that look at others and call them 'very new', but don't have much useful input themselves due to a wrong understanding, is from my point of view even worse.
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BSV is not the real Bcash. Bcash is the real Bcash.
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Himanshu111
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May 30, 2017, 02:46:33 PM |
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Next hacking would be in 2020. It would be a problem for miners as they will earn less from solving each block. It would help people who hold Bitcoin because there would be a tremendous increase in Bitcoin value.
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SaShiRaJaVu
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May 30, 2017, 03:16:00 PM |
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network of the Bitcoin will see all the details in the Bitcoin transaction that how much they mined and how much they needed to mine more .
Everything is public and why would anyone have to analyze the detail once again before halving,do you think it is a custom thing done by the core developers or someone else On looking at the charts during halving the price always move higher because of the illusion that there will be only less currency being floated in the market and the halving in 2020 wont be the last halving either.
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HEWRA
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May 30, 2017, 04:09:22 PM |
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its not like that, we have already seen that halving does not really has big influence on price, indeed it changes the bounty for miners but last halving did pretty much nothing to the price overall.
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Gotottack
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May 30, 2017, 04:15:08 PM |
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its not like that, we have already seen that halving does not really has big influence on price, indeed it changes the bounty for miners but last halving did pretty much nothing to the price overall.
What are you talking about? Did you even check your facts there? The halving did affect the price. Maybe you were just looking at a day after and before the halving but if you check the historical data, bitcoin prices did went up by a lot when the last halving happened. It will definitely affect prices whenever there is one, since the reward for mining does go down, which means miners will want to sell at higher prices since it is getting more scarce than ever.
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ProzCoin
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May 30, 2017, 04:20:18 PM |
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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 halving will stop the inflation. Therefore, buy bitcoin before the halving occur or you never have a chance to buy cheap bitcoin
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STT
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May 30, 2017, 04:39:26 PM |
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That said, the Bitcoin monetary supply gets increased purely nominally since we don't know how many coins get lost for good every now and then. I guess we should also include to the lost amounts dust which is virtually impossible to move (due to high fees). In this manner, the available Bitcoin supply may in fact decrease slowly over time along with reward halvings
Actually great point but I think the opposite, which is that when they eventually unblock the log jam in bitcoin and allow any transaction to proceed then we'll see a release of all this lost dust possibly. Small amounts but possibly millions of accounts ? I dont know, maybe its not that significant a dynamic I do think they change the bitcoin protocol to allow business because that is a requirement for capitalism. Name me a currency that doesnt allow for Cent or penny type value exchange. I'm always saying this crypto is too elitist still, from its origins of genius and the nerd like movement of knowing every little detail; however if they want to conquer the world then you need it usable by a person barely able to read and zero interest in your small print details the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value. The price is not assured, bitcoin is speculative. Purely on the basis of business done, the figures for it are quite small. Price increase is coming largely from macro economic situations globally favouring weak FIAT and an extreme incentive to diversify and find growth. Some of that growth is weed like and will die in the next winter, nothing is assured
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digaran
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May 30, 2017, 05:18:18 PM |
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I've been trying to tell every body in this forum and every place I go, you need to buy Bitcoin now not later not 2 month from now and not 2 months before halving, you need to start mining, investing in this right now before it's too late, then later when price increases you'll thank me. When hash ocean was operating and paying out on time price was swinging around $400-$500 I suggested(begged)a rich dude to give me $1m so I could just buy Bitcoin(however at that time I was thinking to buy 200 antminer and start a small mining farm)but he was a dickhead and wanted me to guarantee ROI for him which obviously I couldn't and still can't but I know Bitcoin will be priced at $5000+ when the next halving hits but no body believes me to invest on my opinion and nothing hurts more than having the knowledge but with no power to take action, it's like going back in time but yet being unable to do any jack regardless and that is my life now.
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frowsiter
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May 30, 2017, 05:20:44 PM |
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Bitcoin halving is season when the value of bitcoin cut into half and then after a months bitcoin will double itself value. Also bitcoin halving is ocassional there is substances that saying that bitcoin halving is the sign of bitcoin dissappearing but thats is a hoax bitcoin halving is big opportunity to all of the traders.
That is something new learning for myself. This concept doesn't seem to be much popular as halving and all never heard much on the forum itself. I'm very interested now for this event to happen. Looks like amazing opportunity to invest lot of bitcoin altogether. I mean o can double my bitcoin when the halving process goes and bitcoin doubles in its value. That is cool one.
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