Post
Topic
Board Speculation
Re: Can bitcoin rise up to 800$ this year ?
by
mightyghz
on 13/06/2016, 07:46:42 UTC
I think we will grow not only this year, but also contains next year. Bitcoin is the industry's most promising investment in the 21st century


Well from what i've read. Chinese citizens are afraid of devaluation of their coin so they are hurrying to buy bitcoins since the value is higher/remains higher.
What we saw before was the halving effect, now it is the chinese effect.

I mean that in the near future, maybe 1-2 years bitcoin industry will shift from the speculative stage to a stage of healthy growth.
imo the halving will affect the market after we pass "halving point"