Re: Multiplying the price by 10 after each halving, is it right ?
Those are just speculations, a 25x price increase seems too optimistic. After the halving of 2016 the price of bitcoin will definitely rise since the supply will be cut by half.
That will be the case if the demand stays at least the same, which im assuming that will be it, if not higher. IT should be higher since a year from now in the bitcoin world is an eternity and lots of things can happen. Things are evolving fast and it's easy to miss on important stuff unless you are monitoring new sites and reading forums all day.
I agree. I think the move up after halving will be bigger than expected and go right past 1k.