Quote from: goldcoinminer on July 10, 2016, 01:34:06 PM

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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...

I guess halving is bad for bitcoins but good for bitcoiners. Every halving mining difficulty increases and with the increased demand for bitcoins how much longer can the supply lasts. But there are already steps taken by big industries underlying bitcoin to make it last and survive long. And one way to control and balance the supply and demand is through increasing its value. But for me halving effects will later push the increase on bitcoins price hopefully.

the difficulty is/has been increasing all the time. the halving itself doesn't add any extra difficulty on top of the current difficulty.

It's not what I read, every halving will increase the difficulty on mining so the reward will be lessen, if the price will not increase the miners will not be operating in profit, at least that is what I know.

halving or no halving, the difficulty has been increasing regardless of that. the demand for bitcoin is going up year on year, which translates into a higher price. higher price means more miners are interested in firing up their hardware, and that leads to a higher difficulty. just look at the difficulty charts. just before the halving the next difficulty increase was around 1.5%, and right now it's 2%. it's just a regular difficulty increase.