Post
Topic
Board Economics
Re: The Halvening
by
universe_
on 16/06/2016, 11:10:37 UTC
I had a dream, a dream in a world where bitcoin its in everyday use, where people full of greed accumulates and holds Bitcoins like precious metals waiting for THE HALVENING.

A world wide tradition that happens every four years and can turn the poor into rich and the rich into poor

That's what will make Bitcoin to success, GREED

Well, we have certainly seen a great pump as we edge towards the halving right now, however, is it really because of people's greed? I guess you could say that, as it might be just a hype that will disappear.

But I think the price will stabilize at a level sooner or later.
Yes, the price will be stabilized but I don’t think that it will stabilize very sooner, it will take a few years as now the halving is going to happen so a continues increase is going to happen for the coming few months or maybe till the end of the year.
the price of bitcoin will not be stable ever in my opinion mainly because people themselves control the bticoin price so it can easily fluctuate wildly if people only buy or sell bitcoins

the halving will surely make the price go significantly up thus making all investors a lot of money, also the price of bitcoin bight drop right after the halving though i think that it will soon stabilize