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.
It IS overhyped, but that could be good for the fact that there might be extra demand for bitcoins and the trading scene could benefit with that.
Hype is good and we need a little excitement, but theoretically bitcoins halving should have an effect as long as demand is still the same or higher.
Things can easily snowball out of control and likely will - people buying before the halving will be reported by the media and the publicity will lead more people to buy.... Then the halving of surplus coins will take effect so there will be a new ALT.... and it might even shock us all come before the halving because people I have talked to are stocking up in advance
like the Gox bubble?
I hope because bubbles are lucrative and some people always stay when the bubble poops
Never heard of a pooping bubble...
Haha. Got a laugh out of that. Maybe it shits bitcoins everywhere when it does
pop poop.