Quote from: Amph on October 11, 2015, 06:03:00 PM

Quote from: Hazir on October 11, 2015, 08:01:00 AM

Halving is overhyped. W can only speculate what will happen after it. Standard economics, law of supply and demand would say that bitcoin price MUST go up. But here is a problem, Bitcoin is not exactly under influence of standard economics laws. Personally I would be very surprised if bitcoin price skyrocketed as a result of halving.

i would be more surprise if the price falls as a result of it, then any other scenario, it does not need necessarily to skyrocket to prove that the ahlving worked, a right increase could do the trick

we would get at least a better value out bitcoin, which would increase short-term adoption

all these different hypes are the fuel that powers the market at times and drives it up and down. some of them drive the price up and some push it down.

halving is by far the biggest anticipated one of them, i say since most bitcoiners are waiting for a big rise as a result of halving, then the price is going to go up. the question is "by how much"