Post
Topic
Board Speculation
Re: What do you expect from the halving in 2016?
by
bitcoin carpenter
on 26/07/2015, 17:19:34 UTC
Halving will not have any effect on price. There will be 3/4 of all coins in rotation already. It will only have effect on difficulty...

a maximum of 1800 coins will be dumped only per day in comparison with 3600 of today, which is 500k+ less to absorb, how is this not significant?

people seem to think that the halving will reduce sell pressure from mining farms, even though theres evidence to suggest that a lot of these mining farms that are actual businesses that dont sell bitcoin (e.g. bitfury, 21inc) i think nothing will happen.


if you guys want the price to increase, stop trading bitcoin on shit websites.

Can't wait for Gemini.   

as a far as i know it won't be something special, just a regular exchange, maybe with more regulation and i hope bigger leverage, that's it, i'm not expecting a big jump in the price because of this

Not thinking about a price jump, I'm just excited to trade on a very public/highly regulated exchange..  I hate sending fiat to the exchanges as they are.