Post
Topic
Board Speculation
Re: If we hold 300...
by
RKing
on 17/11/2015, 23:38:13 UTC
With the holidays coming, no real/true change to what Bitcoin currently brings to the masses, it is almost certainly going to go down from this point.  Most likely breaking and staying bellow the $300 point.

Unless there is another speculation run up.

Another speculation run up could be caused by the agreement of the block size increment. This issue has hold the bitcoin price down for some time. Even if the block size is increased to 2MB temperately, the price will rise dramatically. The price has been hold down for too long.

the core devs must do something. a 2mb cap is enough to start with. i am also sure the price will rise significantly due to that.

The transactions are slow again. There are quite a few blocks over 900 kB recently. This is delay the adoption of bitcoin.