Quote from: bit1 on July 02, 2016, 11:09:50 PM

Quote from: MingLee on July 02, 2016, 02:19:12 PM

Quote from: outatime1 on July 02, 2016, 02:16:51 PM

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.

The halving would really help because the investors are willing to invest as they see the price will go high in a short period of time, and due to the miners difficulty to mine, the price should be on their side in order to continue mining profitably.