Quote from: Finestream on June 26, 2016, 11:15:16 AM

Quote from: Woshib on June 26, 2016, 11:10:35 AM

Quote from: CoinSkipper on October 24, 2015, 09:28:57 PM

As the title says, is the halving good or bad for the price of bitcoin?

The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.

But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.

What's your verdict?

I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...

The Halving is probably a good thing for the Bitcoin, because Bitcoin will be able to stabilize and even why not go up in value.
But I agree with you, the transaction fees will go up, you can use Bitcoin online wallets as Xapo that have no transaction fees but do not communicate the private keys to their users, so that it is not very secure.

Why would anyone share his/her private key, only fool will do that. On the other hand, the halving always do good for the bitcoin community because it always increases the price of bitcoins, that is important to make the miners stay doing their business profitably.

Yes and I think this halving will be really good and profitable for all the users, as price is increasing now and it will be reach at the best position at the time of halving.