Post
Topic
Board Speculation
Re: Halving has already Begun, Yes or No?
by
HarryKPeters
on 08/07/2016, 09:27:17 UTC
The halving effect can be felt now. The price of bitcoin is rising fast. It is over $680 now. $700 is in sight.

That is right. The price is quite stable at the moment. The price is around $600 to $700. It might go above $700 after halving.
Well I hope that before halving it will go above 800$. If it goes that high ill think ill sell some portion of my bitcoin. I think I will also wait for 1k$ if it is possible. Ill wait for it and leave some portion to sell.

You'd sell at $800 during a halving event that takes place every 4 years and this one occurring at the end of a 2 year bear market? You must be new to Bitcoin.

Welcome, please stop by the newbie section when you have time

People tend to forget that not every halving is about doubling the price, it is about miners getting value for their money while mining.