Will the price double after the halving? Will it rearrange the market? How will the Bitcoin Cash and BTC halving play out? We’ve asked the miners themselves.
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Yeah this video increased the FUD for newbies. Well done. We’ve seen a number of halving already. Here’s what happens; it gets priced in early in anticipation of the halving. Nothing dramatic nothing exciting. Just boring old market adjustment stuff. Come on you know this.
One person said "the Bitcoin store of value hypothesis isn't proving itself yet". Is he refering to the volatility?
True miners are not worried. The miners who are in it for the wrong reasons are worried. Those who know the purpose of crypto are never worried for those who are in crypto are united for the cause of cryptocurrency. ?
only bitcoin and bitcoin cash are accepted for a 3% discount to trade for gold and silver via apmex.com.… let that sink in
bitcoin was an algo written with sha 256 on a cia developed idea… algos are repetitive numbers in sequences… a handful know what is going on and technology will be forced to catch up with computing powers
A lesson I learned a long time ago… Take the money used for electricity and just buy the coin.
People so worried about miner revenue, this is what I don't get. Let's say the average Bitcoin sell price for the last few years is $8,000. That's a high estimate but OK. So if after the halvening, if the average sell price is $16,000 per Bitcoin, which seems very reasonable, what's the difference?
The halvening can only be bad if Bitcoin price remains stable and doesn't increase. Or am I missing something?
Bitcoin will do what it has always done in the lead up and post halvening. Trend is your friend.
Price will eventually rise due to the same demand with less supply. That’s when miners who saved a portion of their bitcoins will be rewarded the most
this is bcash halving
bcash isn't bitcoin
it's a shitty scammy fork of bitcoin with a fraction of the hashrate
don't buy the wrong one. you want btc not bcash.
Majority of Miners are RED BEARISH in General Lets ACCUMELATE like a Maniac…!
3:00 I disagree that the intrinsic value of bitcoin is the electricity cost. The value depends on the security of it, not electricity. If the bitcoin encryption changed which was 2x more secure but 1/100 the electricity cost would he say bitcoin’s value dropped by a factor of 100? I would say it increased by at least 2x. 2x from what value? Who knows…
eat dics bitcoin dot com. you suck
I see the hash rate falling dramatically, causing much more centralisation. Given the econmies of scale the the big players will have over the little guys, the little wild cat miners will be pushed out. Think of the Heartland corporate war of walmart vs mom and pop. In the end I think this is bad for crypto in general and particularly bad for bitcoin. I believe the strongest plays in crypto belong to the non mining more central tokens that can disrupt current arenas, like XLM. Most in the know investors and traders dismiss tokens like XLM. I think medium to long term this is where the smart money will end up.
It would be great if small home miners would take over and wipe-out the mining companies. This would be feasible if a proper ASIC was available – something that would use around $10/month of electricity allowing pure non-for-profit/altruistic mining. Even better if everyone would mine solo. I would participate in such an ecosystem.
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You can convert Electroneum to other currencies from the drop down list. Selling 1 Electroneum (ETN) you get 0.00363687 US Dollar (USD) at 04 November 2019 04:47:32 (GMT)
not one of them hopfull about the halvining
one saying it will do a litecoin type
one say even if we rally we wont double
i say be bullish , bitcoin demand wont be halvened but the new bitcoin will
It's actually quite astounding how short term thinking the miners are…
The Asian guy was the only one to get it!!
Sure mining is going to be impacted short term but supply/rarity is only increasing so it's a simple Ying Yang situation.
2 years from now everything they are talking about is irrelevant!
LTC mooned before the halvening
8min about noting, usual crypto video.
it reduces the amount of bitcoin constantly being dumped by miners
the halvening should in theory cause two back-to-back bull runs with a crash between.
So I take it bad for miners great for hodlers
FUCK ROGER VER & THIS CHANNEL
Reduced sell pressure. . . .
Buy bitcoin
Cool ? cheers from Portugal ??
They're all mining because they know what McAfee knows.
Great topic with bitcoin miners.
At some point theres no more halfing or the profits for miners get so low they drop out and whos going to run the eco system then? So why do people think its going to the moon when the system could actually shut down because your transactions cant go through, no ones mining.
I can see it going higher short to mid term but not long term.
WOW a brutal wipe out!!!!
#Gold & #GoldBackedCryptocurrency is the FUTURE!!! #StoreOfValue cannot be based on #ThinAir but on a #HardAsset!
Richard Heart lies and knows SHIT about mining. The chinese guy is a living proof of "miners who don't talk to nobody" LOL
It will make staking look like a better prospect
The guys at 2:50 actually said the intrinsic value of BTC is the price to mine one bitcoin… WRONG! There is no intrinsic value, the value is in the human mind, just because I spend a lot of energy creating shit, that shit doesn't become more valuable… Same with BTC, just because BTC spends a lot of energy being mined and confirming transactions doesn't make it more valuable, if tomorrow everyone decided BTC had no value the price would go down 0 in a matter of seconds… The question is, why should we see value in BTC, and there are many good reasons why it's valuable, Bitcoin is an uncensorable, unstoppable, decentralized, peer2peer electric cash, store of value and network that anyone can be part off and that no one can control. Saying Bitcoin has value because it spends a lot of energy being created and validated doesn't make any sense…
This reminds me of the so called gold rush. The only people who got rich was the people who were mining the miners.
What a load of Cock..
1. Supply and demand. 2. Look at past history.
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