Post
Topic
Board Speculation
Re: 460 before 12/4 ?
by
1Referee
on 21/05/2016, 09:01:53 UTC
Today's bitcoin price is 460 dollars again. It seems the price has not gone any where. It is very stable at the moment.

The price is actually going up. Its average price is higher than 5 moths ago. So it is very encouraging.

But the price did not increase over 2 months ago. It is still lower than $440. I thought it should be over $500 now.

to reach $500, will most likely occur when approaching halving or maybe after halving. at least halving take effect on prices.

If it's going to happen then it will be slightly (a few days) before the block halving takes place. I expect some serious dumps directly after the block halving.