Quote from: groll on June 29, 2016, 12:14:47 AM

Quote from: hotcoin010309 on June 12, 2016, 08:32:05 AM

what!?!? Started pump&dump or started natural growth??

Halving does not promise an increase in monetary value to bitcoins. Halving affects directly the bitcoins supply and production but it does not directly affect the monetary value of bitcoins. As we all know the monetary price of bitcoins is being determined by how much buy and sell policy in the market. Indirectly speaking people are afraid to purchase more bitcoins due to halving so the price stabilize at 626$.

Because of its deflationary nature, the digital currency is often compared to precious metals such as gold, which also undergo a resource-intensive creation or mining process.