Bitcoin halving

Need_TLC
Need_TLC

What effect do you think the halving of bitcoin payouts will have on Bitcoin price?

Fortune.com suggests that it may cause a price crash and destabilization, at least, for a while.

fortune.com/2016/06/05/as-bitcoin-payouts-halve-uncertainty-looms/

Coindesk.com mulls over the same thing...

coindesk.com/crisis-halving-bitcoin-mining/

"Chandler Guo founder of Bitbank said he fears that if the price of bitcoin does not appreciate significantly before or immediately after halving, too much hashrate will drop off the network due to unprofitable mining, making transaction verification virtually impossible."

I figured the halving should cause a increase in price due to both increased scarcity of Bitcoins and to make mining still worthwhile, just my opinion though.

All urls found in this thread:

fortune.com/2016/06/05/as-bitcoin-payouts-halve-uncertainty-looms/
coindesk.com/crisis-halving-bitcoin-mining/
youtube.com/watch?v=C7AGFAcwY3U
whaleclub.co/join/CiCCMS

BunnyJinx
BunnyJinx

Anyone with a brain should have been making money since January 2015 when it bottomed, and I recommended to get all in.

So scenario 1) It corrects: Good, time to buy the dip and keep growing

Scenario 2) It keeps growing: Just continue sitting on my ass looking how my BTC are worth thousands of dollars more on a daily.

You just can't lose.

BlogWobbles
BlogWobbles

I was around for the first halving.

I've been mining, buying and holding bitcoin since 2012

The price is going to skyrocket in the coming months. Expect at least $2,000 for one bitcoin.

pic-related, me mining on a $200 GPU in 2012 when 1 BTC was $10.

CodeBuns
CodeBuns

Kek

whereismyname
whereismyname

Up

Skullbone
Skullbone

probably not going to do much it will crash a little because of speculators trying to unload at once.

PackManBrainlure
PackManBrainlure

no idea, already sold at $585, it's gonna crash like 30-40% as it always does, go right up and then crash again, till the next bubble.

youtube.com/watch?v=C7AGFAcwY3U

Get money, fuck bitches!

RumChicken
RumChicken

I figured the halving should cause a increase in price
It's already happening in case you didn't realise.

PurpleCharger
PurpleCharger

user, I really dont know, but why exactly the price would drop?

Stark_Naked
Stark_Naked

Guys, trade with x10 leverage on whaleclub.co/join/CiCCMS I've made 20,000 since the pump and BTC is breaking 600 in the next 3 days.

Deadlyinx
Deadlyinx

I really like the new post-halving logo

Snarelure
Snarelure

I figured the halving should cause a increase in price due to both increased scarcity of Bitcoins
Newly minted coins make up an extremely small percentage of coins traded

TreeEater
TreeEater

So, humor me: should I buy the BTC now or wait for the Halving?

Last time I bought my satoshi it was ~350$. Now it's 580$.

And yes, I spent it on TRUMPS.

So, wat do? Should I wait or BUY NOW? I kinda don't want to. The increase has been too high. I only have 1000$ in my budget.

BlogWobbles
BlogWobbles

BUY with x10 leverage whaleclub.co/join/CiCCMS gonna hit 600 soon then probably up to 700 a little after the halving.

BlogWobbles
BlogWobbles

Thanks, faggot. Just made 600$ on turbo trade.

Lunatick
Lunatick

trading bitcoins on leverage

youve got balls ill give you that

Methshot
Methshot

Blaha?

ZeroReborn
ZeroReborn

names hemmingway, kid

PurpleCharger
PurpleCharger

How are the reptilians of the CIA doing, mr Jason Blaha?

TechHater
TechHater

$2000

Nope.

StrangeWizard
StrangeWizard

None, as in, it'll be +10/-10%. The time for big gains on BTC has sailed. Ethereum and LISK is where its at.

VisualMaster
VisualMaster

morons

BunnyJinx
BunnyJinx

Nooooope.

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