Quote from: Factmine on June 22, 2016, 08:35:25 PM

Quote from: peta4e on June 15, 2016, 06:32:18 PM

Quote from: KaliLinux on June 15, 2016, 06:27:07 PM

Quote from: BlueTemplar on June 15, 2016, 06:00:40 PM

Quote from: tyz on June 15, 2016, 05:53:41 PM

Well, but in this case, demand is driven by fantasy caused by the halving. There is actually no explainable reason why the price is rising that much except the expectation for a higher price through the halving.

Quote from: Got Dick? on June 15, 2016, 03:25:16 PM

Simple supply and demand, bitcoin mewn.

A lot of people are speculating it's related to the Chinese economy and the currently weaking Yuan so that's a possibility. People cashing out of Yuan into BTC creates more demand.

I just waiting for the BTC value reaches to the top. I hope this halving will treat us the best one. So awaiting to buy many things as base with my BTC balance. Expecting as what others think. However its started to increase.

Now we are very close to see the best price of bitcoin as halving is very near now which will take bitcoin to a higher level so just hold your coins till that time.

It depends on your time scale. If you believe the price will rise, it is better to hold them. It is very difficult to trade.

No one can be sure what will be the price at halving, as price is going down again so it suggests that anything is possible and there is no guarantee that price will go higher at halving.