Post
Topic
Board Speculation
Re: Everyone is hyping about bitcoin price in 2016
by
aubert
on 01/02/2016, 12:04:08 UTC
This concerns me about what will happen to bitcoin price after 2016 ? Will it crash after the block halving ? Is there any upcoming incident in 2017-18 that may push the price up again ?

I don`t think it will crash after the halving! No way! If the halving decreases the quantity of coins generated by the miners, then the coins become more scarce in the market, so the price increases. That`s the law of the market, my friend.


I too do not think for any chances for prices to fall down after halving, even there would be a heavy sell off, the halving consequence will get more buyers to match that selling pressures.
but the reality, price will become unstable as commonly happening to bitcoin,the price  will count on demand and supply,even halving will give an affect, but i dont think the price will go rocketing