Post
Topic
Board Speculation
Re: With the halving coming...
by
The Pharmacist
on 30/03/2016, 23:16:49 UTC
Let's assume that we reach a new ATH of $1,700, what do you do?
No way. There are not valid data backing 3x price increase of bitcoin just because Halving is approaching. At best it will be slight price boost - no more that $100-$150.
You will be a silly wishful thinking man for believing bitcoin can go that high, it would be a short lived bubble if that ever happened in 2016.
Ditto, my peeps.  The halvening, I am pretty certain, has been priced in.  Still I am watching with breath a-bated and will be very surprised if we get a spike after the halfffing.  Stranger things have happened in bitcoinland, but I don't think we're going anywhere near $1700.