Post
Topic
Board Speculation
Re: Everyone is hyping about bitcoin price in 2016
by
Amph
on 01/02/2016, 11:20:31 UTC
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.
After previous halving price of bitcoin actually went down.
Actually, the only halving we've had so far was late 2012, and the price went UP.

and that halving was totally different 50 from 25 is not like 25 from 12.5, totally differet scenario

there is far less margin for miner now than what it was before