Everyone is hyping 2016 because of the halving and let's face it that's pretty much all we've got to look forward to this year. Currently bitcoin has become very uncertain because of all the infighting and temper tantrums from devs that have happened and merhcant adoption is very slow.
The price MUST go up or all these large farms will become unprofitable and shut down which would create vacum in the market. So it s inevitable, the price of a commodity this big, with such a huge demand MUST rise as soon as supply gets halved.
Nothing is certain and nothing is a must. After previous halving price of bitcoin actually went down. How exactly lack of specialized bitcoin farms will create vacuum?
It will actually be the same story imo, maybe difficulty will be lower and normal people could be mining again with profits? And you are forgetting that we already have more than 15 millions of BTC floating around.
Nothing is certain but bitcoin was designed like this and due to supply and demand the value should increase over time. If the price continues to fall it will eventually become unprofitable for the miners and if so then we're in real trouble.