How will the bitcoin block reward halving on july 10th affect bitcoin prices?

BlogWobbles
BlogWobbles

How will the bitcoin block reward halving on july 10th affect bitcoin prices?

w8t4u
w8t4u

@BlogWobbles
It is already affecting prices.
There will be higher demand relative to supply because miners will be getting half the reward, meaning half the amount of bitcoins flowing into the economy.

Poker_Star
Poker_Star

@w8t4u
Do you think there will be a buy-in opportunity due to the old, buy the rumor sell the news?

Carnalpleasure
Carnalpleasure

@BlogWobbles
it won't, the halving will be built into the price

BlogWobbles
BlogWobbles

@w8t4u
On the other hand, less reward for mining = less people mining = much longer transaction times = much lower price.

But then again it might not affect the price at all.

We'll see what happens in around 21 days.

VisualMaster
VisualMaster

There will be a big dump a few days before the halving.

Then it will climb back up after the dump.

New_Cliche
New_Cliche

@BlogWobbles

it will triple up to 10x

Lord_Tryzalot
Lord_Tryzalot

@Carnalpleasure
moron

Less people will buy into mining, the price of mining will go down, the people already mining will continue, the price itself will remain constant.

Personally I think $1200 is the ceiling, and where it's going back to post Mt. Gox

Boy_vs_Girl
Boy_vs_Girl

@VisualMaster
hopefully its true, gonna be waiting with my dip bowl in hand

takes2long
takes2long

I predict it will go to $900 and then on the day of the halving it will plummet down to $300.

It will then go up to $400, then slowly drop for the remainder of its life as the currency dies and ETH takes over the crypto space.

Inmate
Inmate

@takes2long
kek

Gigastrength
Gigastrength

@takes2long
le buy ethereum man

JunkTop
JunkTop

@takes2long
i agree in that it will visit above 900 and go under 400 after is very likely we can experience a big stagnation like before too but the most important factor in prices is chinese demand and chinese demand made bitcoin great for chinese needs so i don't see that changing overnight.

likme
likme

@takes2long
Do you live under a rock ether is dead.
Making a financial backbone system turing complete is madness.
can you imagine the internet backbone being turing complete and the complete shitshow that would entail?
Probably you cant since 99% of eth hodlers dont even know what the fuck they are buying.

SniperGod
SniperGod

Buy monero
u
y

m
o
n
e
r
o

SniperWish
SniperWish

@SniperGod
@likme

this

Playboyize
Playboyize

@SniperGod
are you litteraly worried that we may be losing good opportunity to profit?

or you just want the price of the coin you bought to get higher

RumChicken
RumChicken

@Playboyize
or you just want the price of the coin you bought to get higher

of course we want that, are you simple or what, anyway, it will happen regardless if you buy or not

Boy_vs_Girl
Boy_vs_Girl

@BlogWobbles
irregardles of the halving we are looking at a bitcoin bubble again. maybe the halving will create some more media attention, and we are looking at a second smaller bubble. sell now, wait for peak, and buy on the drop. sell on the rise. wait for the drop and some more gooks to hop on, and you have some money.
now go buy some shitty eth and laugh at the australian house market.

Soft_member
Soft_member

@Boy_vs_Girl
Why not hold until the peak and sell then? As in Hold until July 11.

farquit
farquit

@Soft_member
i honestly don't think that is when the peak will be. you can't predict the peak, you can estimate, but you can have alot more confidence buying the drop and holding for a rise again in a typical bubble. which is what bitcoin is.

happy_sad
happy_sad

@Carnalpleasure
Nothing is ever built into Bitcoin's price other than whether the price is pointing up at 180 degrees or not

ZeroReborn
ZeroReborn

Don't mind me. Just shamelessly begging for bitcoins.

I promise that all donations I receive will go as efficiently as possible towards the progress of human kind. What the fuck are you waiting for mother fucker? Thanks to everyone who has donated so far.

3LoVkRdC3CF9UUW581GTgyqGyVpfg8Jg4s

Disable AdBlock to view this page

Disable AdBlock to view this page