Post
Topic
Board Economics
Re: The Halving - Good or Bad for Bitcoin?
by
jt byte
on 29/02/2016, 21:40:57 UTC
Depends on what happens. I think it will be good if the price skyrockets (which it should) as that will get bitcoin mentioned in the media again and hopefully get more laggards on board, but if it crashes back down soon after in will come all the negative press attention about it becoming another bubble. Hopefully the price will rise and stabalise pretty nicely and avoid a crash.

A lot people expect the price to shoot up to very high price levels, but there is a small possibility that the price will only show a slight increase. It's a scenario that you must not forget. No matter how small the chance is, it can always happen. I am already happy with the price staying just above $600 after the block halving.

Yeah i heard people talking about a rise to 800 dollars. Let's just wait and see what will happen.
At this moment i dont' believe the price is the biggest thing happening for bitcoin.

Either the blocksize increase or adoption should be key now.