Post
Topic
Board Speculation
Re: 626 $ what!?!? Halving incoming..
by
Mvaporis1961
on 28/06/2016, 05:01:49 UTC
Now it's going back up to $600 again. Why is flucuating so much in last few days from $20-50 difference.
But price of bitcoin is increasing now and I expect that it can increase to some price between 800$ and 900$.
We may see that price few days ahead of halving, and I think that would be the best price to sell some coins and grab the profits as we don't know what will be the price after halving.
I am thinking what will happen after halving if all people are sellers and then who wants to buy bitcoins?
If that would happen that all users will sell their coins i think it result for a very huge price drop for bitcoin and i think it will back or below $400 again but for traders it's good because they buy bitcoin again for a very low price and they will just wait and hold it again for more months or years and then they will sell it for a higher price and make a lot of money.