...I know at some point merchants will dump the coins they earned via sales. I only meant to say that instead of directly having 100% converted to fiat, they keep a part of the coins for a while to sell it for a better price later.
In this way the dump will continue, and it is normal (and needed). Because if someone is selling <> someone else is buying and this is the ecosystem also bitcoin cannot 'exempt' from this system.
I'm sure tech related companies will have more interest in doing so than non techies.
It could be possible, who knows...
Continuation of the thread title:
... the next block reward halving? from 25 BTC to 12.5 BTC.
Or a modified question:
Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?
First question no the halving pump won't go to $1000 lucky if it goes $350. Second question.. No bitcoin will not go to $1000 again even with manipulation helping it. If I am honest I don't really care either I started with less than I have now and I have withdrawn more than I started it is a win win and the price is not something I let bother me anymore.
Thanks for the reply, it seems a lot of 'bitcoiner' are really mad about this situation. For a lot of people the unique important thing is the price more than the technology behind it (I am also one of these people...).