Quote from: randy8777 on May 31, 2015, 06:24:45 PM

Quote from: Amph on May 31, 2015, 12:04:40 PM

Quote from: 98problems on May 31, 2015, 11:38:16 AM

Quote from: randy8777 on May 31, 2015, 10:03:23 AM

don't think anything will change this year. we might start seeing signs of life in 2016 as the blockhalving then comes closer and closer. how much mtgox coins will be released to users if ever? don't think many will sell them directly.

will block halving actually have an impact on the bitcoin price? why should it? or you mean more people will think that price will grow and they will buy?

the reason is obvious, miners mine less coins(50% less)--->less dumping on the market(if we assume that right now there is a 50% it still mean 900 less coins dumped each day) ---> less sell pressure ----> price increase

the problem is that there has to be new money comming into bitcoin. if this isn't the case then the price will fall back after the halving and we will face the same situation as we have now.

no, not possible, something must change, if it is not the price then it will be the hashrate, it cannot remain the same as now