Post
Topic
Board Economics
Re: Is bitcoin halving is real?
by
bit1
on 02/07/2016, 23:09:50 UTC
It's hard to tell if the price will increase or not. We've already had some big increases this year so that could be accounted for already. The price also depends on individuals that are investing and their demand for bitcoin, so you can't always predict what people will do in this situation.
The price also depends on what a lot of investors have extrapolated from the miner's numbers and those who figured how much the miners will be able to sell their Bitcoin for at a minimum, and those are the investors that will know the most about how the market will move for right now. They will know what are acceptable losses, the most likely bottom for Bitcoin, and know that anything above $x is additional value.

Yes,  that's what it does predict uncertain although logic would dictate an increase on its price.