Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
RubberBaronette
on 06/07/2016, 22:33:07 UTC
LOL I'm gonna laugh so hard when the price gradually goes down after halving.

People think it's just gonna shoot up on halving day lmao

Why would it gradually go down when the reduced supply of coins restricts the miners to only dumping half the coins they could beforehand? Most posts here expect a gradual increase in the price, not a huge price spike on halving day.

Good thing major players don't understand how this price rise is a sure thing. More cheap coins for us!