Quote from: kik1977 on June 23, 2016, 07:36:08 AM

Quote from: cambda on June 23, 2016, 07:32:38 AM

Quote from: Enotche on June 23, 2016, 07:23:35 AM

Quote from: rio3233 on June 23, 2016, 12:33:32 AM

Yes, i also afraid the price of bitcoin continuous go down and back to a normal price before halving. I don't know why the price of bitcoin decreasing now.

Somewhere to 2015 schedule Bitcoin course exactly repeating the typical "investment bubble" - takeoff, the first sale, bear trap, media attention, HYIP, the fall in bull trap, take off again deflation. And then there was a long "reversion to the mean." By the end of 2016 i think it should cost 600 Bitcoin.

I have some more expectations from this year, if price touches to $1k at halving which is unlikely to happen now, then we can expect the price of $800 at the end of the year, everything now depends on the price at halving.

You don't need to wait for the halving day to see the effect on price. The latest rally already incorporates the expectations of the halving. I just talk now of "expectations". The real effect of supply vs demand will show up gradually in the weeks (if not months) after the halving. On that day there will be nothing special I presume.

that's right any change that has to happen because of halving will happen after a while when halving is done. and any other effect that you see like the rise to $780+ that happened was because of the hype and people being afraid of missing out and then dumping because of being afraid of missing out again