Post
Topic
Board Speculation
Re: Unnatural Bitcoin Price Growth Cannot Be Sustained Indefinitely
by
Cuidler
on 19/06/2016, 21:14:42 UTC
We will once again see a more stable Bitcoin price, at around $500.. anyone want to quote me on that?
After halving prices will fall to realistic limits, based on supply and demand in the Bitcoin market.
After that, when it happens again some extraordinary event, and demand for Bitcoin suddenly increases, the price will again increase significantly.

After halving the Bitcoin supply is decreased as miners can mine only half of what they are mining now. So its very likely today price is sustainable after halving. But still almost a month till halving, and I believe if correction comes its more likely before halving when the supply is higher rather than after halving with reducted supply.