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Bitcoin halving how will it affect price?

Discussion in 'CryptoCurrency' started by yellowcat, Feb 14, 2016.

  1. yellowcat

    yellowcat Regular Member

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    do you think the halving coming up next summer decrease or increase the price?
     
  2. SeoWrecker

    SeoWrecker Jr. VIP Jr. VIP

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  3. whiteblackseo

    whiteblackseo Jr. VIP Jr. VIP

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    I really don't know, didn't really do much with bitcoin or read anything about it.
     
  4. JohnTraker

    JohnTraker Newbie

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    Yeah when Litecoin split it didn't really affect the price either way, but then again it hasn't been around nearly as long as Bitcoin has with it being the very first main stream cryptocurrency. Tough to say really. All I know is I don't have enough $ to buy in before the split anyway haha.
     
  5. kregz

    kregz Registered Member

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    I think the halving will give traders something to trade about and the hype will cause a price spike. It could lead to some ongoing momentum.
     
  6. CSalt2

    CSalt2 Power Member

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    then why even speak?
     
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  7. blackball

    blackball Junior Member

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    It does not affect the price in that direct way.
     
  8. MrNiceTea

    MrNiceTea Registered Member

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    I think it will increase.

    1) because in the 1-2 Month before halving, there will be people speculating and therefor the price will rise

    2) because the reward of a mined block will be 12,5 and not 25 BTC anymore. If the demand stays the same its only logical that the price will rise.

    These are just my views, nobody can tell what really happens.If someone could say it to 100% he would be rich in a few months.
     
  9. zxczxc22

    zxczxc22 Newbie

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    I hope bitcoin price will rise up to the moon, hehe
     
  10. snipez264

    snipez264 Registered Member

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    Stock up on more btc. One day more expensive than gold