Post
Topic
Board Speculation
Re: With the halving coming...
by
benmartin613
on 01/04/2016, 10:53:42 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 uᴉoɔʇᴉq 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 uᴉoɔʇᴉq 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.
I also think that it is not possible that uᴉoɔʇᴉq will reach to $1700, it is a possibility that uᴉoɔʇᴉq will reach at $800 or may touch $1000 but for going to $1700 it will need some more years.

$1700 is not the price for this year. The uᴉoɔʇᴉq might reach that price in 2017 or 2018. The price could reach  $1200 this year.


1200$ is still a large price for bitcoin this year we are at 400+ and the halving will just let the price for about 600-700 and will stay at the end of the year.