Quote from: mirakal on July 02, 2016, 08:10:19 AM

Quote from: Mvaporis1961 on July 02, 2016, 03:08:05 AM

Quote from: Bitcoin Brazil on July 01, 2016, 11:52:20 PM

Halving is scaring me a bit... well I bet everyone is a bit curious to what will happen. I do believe we could see a rise after halving rather than a drop. I get so happy when I see people close to me asking and talking more about bitcoin. It is 2016 and nobody can not know what bitcoin is... Its the future!!

Anyways, I am a very positive person, I will hold my BTC.

Yeah that's right the price will possibly rise after halving but you can't be sure that it will only go for that direction because the price is only depending on demand and supply so if many holders of bitcoin will sell all their coins and it will result for a massive drop which is opposite on what you're thinking.

The thing is the longer bitcoin exist the more demand it creates and it is very simple to spot the result when you study economics, the basic principle should apply on the law of demand and supply, with halving it would only mean that supply will be short because many are holding.

I am just not sure about Bitcoin on the future... When the mining will forever stop, of course there are many coins, but will this be a stable market? wont people abandon BTC?