Discussion in 'CryptoCurrency' started by yellowcat, Feb 14, 2016.
do you think the halving coming up next summer decrease or increase the price?
I really don't know, didn't really do much with bitcoin or read anything about it.
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.
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.
then why even speak?
It does not affect the price in that direct way.
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.
I hope bitcoin price will rise up to the moon, hehe
Stock up on more btc. One day more expensive than gold
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