Post
Topic
Board Speculation
Re: bitcoin continuous rising?
by
PhilippeD
on 09/05/2016, 09:26:11 UTC
Well, the price of bitcoin is continuous rising until now. I think it's because halving more close now and the price increase a bit day by day until halving come.
0.2% down for this day,would you say bitcoin continue rising?i think bitcoin just like usual,raise and down in every week,last week bitcoin touch $460 and now the price down to $455,its mean bitcoin price not have any big influenced if halving come.

During the last 2-weeks, there was a 10% rise (from $420 to $460). Also, during the past nine months, there was almost a 100% increase in the exchange rate (from $230 per coin to $460 per coin). And it seems that the exchange rates will increase further, as the block reward halving is just two months away (11 Jul 2016).

I think you are right, BTC rise because the block reward halving is just two months away (11 Jul 2016).
Miners will not sell below production cost.
BTC must rise or die, so BTC will rise  until 11 Jul 2016:)