Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
andy35
on 08/07/2016, 12:35:44 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

Whatever happens we only have a day and a half left to wait to find out. Even if the price gets manipulated I think it will go upwards in in the weeks and months after the start of the 12.5 bitcoin reward era.