Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Karpeles
on 08/07/2016, 11:52:12 UTC
going a bit up again this morning. halving is very close.

$600 held: now is time to see what the price will be on the very first blocks of the 12.5 bitcoin reward era

That's what matters to me, nothing else

Going up or down $70 isn't a big deal now bitcoin's gone above $600. When it was half that price or lower then $70 was a big move, but not any more. The price will probably go back above $670 for the very first blocks of the 12.5 bitcoin reward era, and a few months later the reduced reward will have moved the price higher.

I think price will be down right after the the first 12.5 BTC block is mined due to speculation and market manipulation. Then up again. In some weeks or days, I don't know