Post
Topic
Board Bitcoin Discussion
Re: BITCOIN HALVING IS COMING!!!
by
Red-Apple
on 27/02/2016, 15:45:06 UTC
So it's very true when bitcoin halving occur, the price of Bitcoin will rise and it will never drop again?

i think it depends on how the price is going to rise.

if price rise continues as a steady slow rise over time and only rises because of more demand then it will never drop again.

but if there is a gox bot again which pumps the bitcoin with fake volume , this rise is fast and will fall again just like last time. but after the fall bitcoin is back to its normal rise again.