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faince222
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October 18, 2014, 05:28:51 PM |
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Good thing. I advice all of my friends which has some bitcoin to hold and sell in 2016, when there will be the halving and surely price will increase up ! I'm in permanent hold phase because I love bitcoin  |
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master-P
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October 18, 2014, 07:24:19 PM |
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I can't even begin to imagine what Bitcoin and crypto in general has developed into in 12 months time, considering how much it has grown in every possible aspect in the past year alone. I suspect a lot more merchant adoption, BTC will be more widely used in everyday purchases. Eventually the convenience factor of using BTC will catch the attention of the "average Joe".
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onlyu
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October 18, 2014, 07:48:25 PM |
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Average joe may find apple pay more convenient than bitcoin.
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chaosknight
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October 19, 2014, 01:52:42 AM |
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Buy bitcoin and hold until the next next halving in 2020...
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ElysianBaws
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Activity: 48
Merit: 0
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October 19, 2014, 08:56:55 AM |
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Yea, you can forget it if you dont have a calm hand to hold your coins...I am holding my coins for sure that long...why would I want to sell a currency? You can just use it to buy and sell stuff. lol.
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Amph
Legendary
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Activity: 3206
Merit: 1069
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October 19, 2014, 10:11:42 AM |
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1800 less bitcoin dumped every day in 2016, if we take in consideration that every miner dump their coin something will change, but not a groundbreaking change... Average joe may find apple pay more convenient than bitcoin.
still centralized crap, centralized money will collapse at the end of the great recession |
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CryptoCarmen
Member
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Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
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October 19, 2014, 02:28:22 PM |
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Buy bitcoin and hold until the next next halving in 2020...
In 6 years so many things can happen. Even time to next halving is pure speculation, till next next is fantasy. |
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BitcoinInvestor2014
Newbie
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Activity: 1
Merit: 0
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October 20, 2014, 08:19:48 PM |
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YES, I agree completely. If you want to grow your bitcoin wallet, You NEED to Buy Bitcoin right now! The price is going to go up at least to the $450 per BTC Soon! Buy BTC Now and Hold it!
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thew3apon
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October 21, 2014, 01:00:52 AM |
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If everyone wait until next halving to sell, then it would crash on that day..
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pattu1
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October 22, 2014, 02:09:29 AM |
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If everyone wait until next halving to sell, then it would crash on that day..
The decision to sell would be based on the price post the halving. |
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o_o
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October 22, 2014, 06:11:59 PM |
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everyone now is in a hold phase. everyone is waiting a good moment to sell because now price is too much low for that people which have bought bitcoin 2-3 months ago !
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goldsun
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October 22, 2014, 06:53:51 PM |
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I don't understand what will happen in the next halving time. Will it be harder to mine, which means less bitcoins produced and that will drive up the btc price?
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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October 22, 2014, 07:10:16 PM |
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I don't understand what will happen in the next halving time. Will it be harder to mine, which means less bitcoins produced and that will drive up the btc price?
Assuming miners have no foresight, and the aggregated mining power is now marginally profitable, mining cost and therefore mining power will go down to match the new rewards, and the difficulty will go down. If the miners anticipate the halving (why should they not?), the halving is already calculated into their mining project, and nothing special happens as a result of the halving. |
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RappelzReborn
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October 22, 2014, 08:05:25 PM |
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I'am personally still thinking if I should buy bitcoins and hold them or not  I heard that goverment can block bitcoin .. that's the only thing I'am afraid of .. so It will be all waste of time & money of course |
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vvv8
Member
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Activity: 420
Merit: 10
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October 23, 2014, 12:14:07 PM |
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I can't even begin to imagine what Bitcoin and crypto in general has developed into in 12 months time, considering how much it has grown in every possible aspect in the past year alone. I suspect a lot more merchant adoption, BTC will be more widely used in everyday purchases. Eventually the convenience factor of using BTC will catch the attention of the "average Joe".
Yes, and yes You are correct Sir. |
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Katarina
Member
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Activity: 112
Merit: 10
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October 23, 2014, 01:29:28 PM |
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I don't understand what will happen in the next halving time. Will it be harder to mine, which means less bitcoins produced and that will drive up the btc price?
Yup, this should be it, price going double.. |
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xmasdobo
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October 23, 2014, 01:59:35 PM |
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The reward should go down incrementally, evenly and smoothly, every block should be worth a tiny tini bet less than the last giving the same overall halving ever ~4 years.
Why? Shit is going to hit the fan when we fall off a reward cliff at the next block halving. Gradual change is preferable and more stable.
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RappelzReborn
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October 23, 2014, 03:57:52 PM |
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I really joined bitcoin world just recently , would like to get some advices
I only have 20$ BTC worth at the moment , should I buy at least 1 BTC and hold it ? the price will rise for sure in the future ?
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zoukenn
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October 23, 2014, 05:51:04 PM |
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there are some people that i know which has sold all of their bitcoin and other people (many part) which is waiting the halving time in 2016. for me it is good to wait, now price is too low for sell.
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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October 24, 2014, 01:33:13 AM |
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I don't understand what will happen in the next halving time. Will it be harder to mine, which means less bitcoins produced and that will drive up the btc price?
Yup, this should be it, price going double.. Basically, no. Price comes first from the minds of the individuals (us), mining cost will fall in line. When block reward goes to 12.5 BTC/block, the cost of mining a block will eventually also be 12.5 BTC. |
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