Quote from: setupbounds on April 24, 2016, 11:14:27 AM

Quote from: jpawesome78 on April 21, 2016, 02:24:58 AM

Do you guys think the law of Supply and Demand has a great effect with the halving? Or its a different thing, what if because of the halving, less miners would be interested and hence less supply of bitcoin, making people less interested. I'm just stating what I think, how about you?

yes, in my opinion, bitcoins also use supply and demand. you know when bitcoin is popular when it demand will increase, and bitcoin price will increase , then supply will be dis crease. bitcoins price is also growing up because of halving, so halving will face it.

supply is what is being dumped on the exchangers and as long as that becomes fewer the price will rise.
also the demand for bitcoin is increasing everyday because it is being adopted by different services and more people find out about bitcoin which will also increase the price.