Quote from: RKing on November 16, 2015, 07:37:25 AM

Quote from: ultimatesky on November 15, 2015, 05:25:46 PM

Swings is normal with BTC and frankly with any asset. Direction however is the real qustion.

I think it is time for some price rise after over 1year of going down, down and more down.

With the upcoming halving a 500USD seems te be a fair price for BTC.
600USD would be the best!

With the halving, the price will be $600. With the agreement on block chain size, the price will be over $1000.

what's with the number 600? it can be 100000!!! to the moon!! jokes aside, halving doesn't decrease the supply of Bitcoin, it decreases the increase of supply. which means the price should increase slowly assuming demand stays constant. will halving have such a large impact on prices? what happened during the last halving? sorry I wasn't following Bitcoin then