Post
Topic
Board Speculation
Re: Analysis
by
thefiniteidea
on 23/06/2016, 22:41:55 UTC
I wonder how much the halving had to do with the run-up in price. Bitcoin investors know that if the price isn't at a certain level, Bitcoin's mining incentives are slightly compromised, thus so is bitcoin. And this being a highly speculative investment, perhaps these heavily invested groups are simply attempting to save the value of their large Bitcoin portfolio by investing more into it?

Makes sense on paper, probably what happened, but we'll never know for sure.

Also, I'm happy to see that you are commenting a little more, lucif Smiley I am usually disengaged with Bitcoin in general when you're not around.