Post
Topic
Board Speculation
Re: Bitcoin value
by
Fasdurcas
on 12/04/2016, 15:59:51 UTC
The value of bitcoin will keep on growing till the halving occurs, but after halving there are many possibilities that the price will drop down significantly.

Agree but I dont see any reason to a drop after that this happens.

The reason is bitcoin price is always a realistic value. In a short term the price jumps high due to the halving (when the production decreased). Gradually when the circulation of bitcoin is stable the price falls and reaches around $500-$600.

The halving will increase the price, which attracts more people to the bitcoin, so the price rises again.