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8up (OP)
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January 15, 2015, 10:09:31 AM |
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What exactly is the difference between a decreasing price (50%) vs. the halving of mined coins? - 25 BTC @ $200 is $5000/p. block
- 12.5 BTC at $400 (not long ago) also equals $5000/p. block
IMO, we already had our halving. So if the argument is true, that the halving leads to a new bubble (same demand, fewer coins) at least prices should be constant at this level ~$200. Otherwise I might come to the conclusion, that halvings might have a long-time effect not necessarily resulting in a related price surge. What do you guys think? |
Always wrong until not.
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Elwar
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January 15, 2015, 10:11:37 AM |
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Because the price is way undervalued right now.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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insidertradingeverywhere
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January 15, 2015, 11:07:00 AM |
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a halving doesn't create a bubble - it just gives the whales an excuse to pump and dump the shit out of it. Because the price is way undervalued right now.
Why should it be so? Because you are believing so? The price is what it is and it's in the correct place otherwise it would be another price. It's totally not under value. It's actually still quite expensive. We all love it when it pumps but you really should be banned from this section Elwar. Your comments are repetitive and really do not enrich the discussion. You have been talking people all year into holding during the downtrend so please spare us the repetive comments even if it would be pumping now. It's really unbearable. You're annoying the hell out of everyone with a brain. Go to general section and preach it there ... where i don't have to read it. |
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zetaray
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January 15, 2015, 11:15:06 AM |
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Halving is not something we should be thinking about now. The current price seems to be the major issue. Halving means there are less new bitcoin created for every block, which means supply is constricted and less bitcoin dumping.
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Richard Branson
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January 15, 2015, 11:16:45 AM |
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Because the price is way undervalued right now.
No it is not. Mining costs per coin are in the range of 80-120$ (without the garbage overpriced miners without ROI). |
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sandykho47
Sr. Member
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Knowledge its everything
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January 15, 2015, 11:25:55 AM |
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If less bitcoin mined while there are more bitcoiner, so the price will up But miners would hate this since they will got less profit  |
Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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Elwar
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January 15, 2015, 11:28:16 AM |
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Because the price is way undervalued right now.
No it is not. Mining costs per coin are in the range of 80-120$ (without the garbage overpriced miners without ROI). So...mining costs are $80-$120? But..."miners have to sell all of their bitcoins to cover their costs" -Every bear ever (even when the price was $1000) |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Elwar
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Viva Ut Vivas
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January 15, 2015, 11:28:54 AM |
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a halving doesn't create a bubble - it just gives the whales an excuse to pump and dump the shit out of it. Because the price is way undervalued right now.
Why should it be so? Because you are believing so? The price is what it is and it's in the correct place otherwise it would be another price. It's totally not under value. It's actually still quite expensive. We all love it when it pumps but you really should be banned from this section Elwar. Your comments are repetitive and really do not enrich the discussion. You have been talking people all year into holding during the downtrend so please spare us the repetive comments even if it would be pumping now. It's really unbearable. You're annoying the hell out of everyone with a brain. Go to general section and preach it there ... where i don't have to read it. Or you could put me on ignore like I did to you. To da moon? |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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insidertradingeverywhere
Full Member
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The world’s first Play, Learn and Earn
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January 15, 2015, 11:58:30 AM |
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a halving doesn't create a bubble - it just gives the whales an excuse to pump and dump the shit out of it. Because the price is way undervalued right now.
Why should it be so? Because you are believing so? The price is what it is and it's in the correct place otherwise it would be another price. It's totally not under value. It's actually still quite expensive. We all love it when it pumps but you really should be banned from this section Elwar. Your comments are repetitive and really do not enrich the discussion. You have been talking people all year into holding during the downtrend so please spare us the repetive comments even if it would be pumping now. It's really unbearable. You're annoying the hell out of everyone with a brain. Go to general section and preach it there ... where i don't have to read it. Or you could put me on ignore like I did to you. To da moon? not on ignore and not to the moon   |
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nehneh
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January 15, 2015, 12:07:12 PM |
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a halving doesn't create a bubble - it just gives the whales an excuse to pump and dump the shit out of it. Because the price is way undervalued right now.
Why should it be so? Because you are believing so? The price is what it is and it's in the correct place otherwise it would be another price. It's totally not under value. It's actually still quite expensive. We all love it when it pumps but you really should be banned from this section Elwar. Your comments are repetitive and really do not enrich the discussion. You have been talking people all year into holding during the downtrend so please spare us the repetive comments even if it would be pumping now. It's really unbearable. You're annoying the hell out of everyone with a brain. Go to general section and preach it there ... where i don't have to read it. Or you could put me on ignore like I did to you. To da moon? Keep deleting my posts? To your mother fucking hell, you stupid bitch scam coin loser! |
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Elwar
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January 15, 2015, 12:31:03 PM |
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Only 8000 bitcoins to $1000/BTC
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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azguard
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January 16, 2015, 07:56:20 AM |
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Halving is not something we should be thinking about now. The current price seems to be the major issue. Halving means there are less new bitcoin created for every block, which means supply is constricted and less bitcoin dumping.
And this can indicate to for price to go up little or more. Miners need to stop selling so that btc price go little up. |
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dsattler
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January 16, 2015, 07:59:04 AM |
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Is there a solid calculation when the block halving will occur? I've heard of different time frames, one guy even posted that it will be as near as 2016!  |
Bitcointalk member since 2013! 
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Elwar
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January 16, 2015, 08:14:36 AM |
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Is there a solid calculation when the block halving will occur? I've heard of different time frames, one guy even posted that it will be as near as 2016! Current estimate is July, 2016. http://bitcoinclock.com/ |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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thompete
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January 16, 2015, 08:33:17 AM |
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Well Blockhalving is essentially going to decrease the amount of coins dumped which are generated due to mining.
Now that the price is down and a lot of miners have given up. Do we know if 3600 coins are still generated everyday ?
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Elwar
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January 16, 2015, 08:34:57 AM |
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Well Blockhalving is essentially going to decrease the amount of coins dumped which are generated due to mining.
Now that the price is down and a lot of miners have given up. Do we know if 3600 coins are still generated everyday ?
Even if there were only 1 miner, 3600 coins would still be generated daily (give or take 1 or 2). |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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CoinCidental
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January 16, 2015, 12:35:43 PM |
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Well Blockhalving is essentially going to decrease the amount of coins dumped which are generated due to mining.
Now that the price is down and a lot of miners have given up. Do we know if 3600 coins are still generated everyday ?
the small gpu miners have quit as theyre unprofitable the multimillion dollar operation mining farms with cheap power will not quit anytime soon |
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dsattler
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January 16, 2015, 02:52:27 PM |
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Is there a solid calculation when the block halving will occur? I've heard of different time frames, one guy even posted that it will be as near as 2016! Current estimate is July, 2016. http://bitcoinclock.com/Thanks for this link! |
Bitcointalk member since 2013!
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mlferro
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January 16, 2015, 03:14:15 PM |
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If less bitcoin mined while there are more bitcoiner, so the price will up But miners would hate this since they will got less profit I believe that is the point. |
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ThatDGuy
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January 16, 2015, 03:17:38 PM |
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If supply goes down and demand simply maintains, price has to go up. It's that simple. The halving will cut into the inflation rate of new coins daily in a significant way.
Also judging from some of the posts higher up here (such as asking about how many BTC are created per day) I would recommend a few people here re-read the white paper to get a better grasp on the concept of mining and why that halving date can't be exactly set in stone, but can be estimated. The underlying technology is a big part of what drives bullish sentiment, and understanding it is critical when watching this market.
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