Quote from: K128kevin2 on February 17, 2016, 03:41:23 AM

Quote from: yellowcat1771 on February 14, 2016, 04:16:33 AM

I know that bitcoin blocks are going to be halved to 12.5 next summer.

so how will this affect the price?

I don't think this will have a huge effect on the price of bitcoin, but if anything I would think it would cause prices to rise, right? It means that it is now harder to create new bitcoin, and therefore, all of the already existing ones become more valuable. I don't think it will have a huge effect though because it is very anticipate-able. This isn't going to take anybody by surprise... people who are going to buy are going to try to do it well before the halving. I think it will be a gradual rise and not a huge one.

I think it will be a huge thing, the bitcoin will go to a high amount soon or later, I think it will happen when the halving has been done if I'm honest.
If the halving has been done the price will got to a high amount I'm very sure of it so I think it will the go to a really high number for a moment of course.