Post
Topic
Board Speculation
Re: What if price of bitcoin dont increase after halving too.
by
peta4e
on 14/07/2016, 22:49:51 UTC
Next days could be very critical for bitcoin price development. It is very very bad if price goes below 600usd, because it could trigger panic selling when mining revenue collapse. Hope that price goes 700 USD that it won't happen.
Nope i think it would not create panic as in the last few daya ago the price had dropped to $ 550 before halving come but people do not experience the panic of it? I think people will remain smart in this regard they will remain patient and wait for prices to rise I was afraid it would panic cause prices rise


Yes and now mentality of people is not same it was in the past, even if price falls people will not get panic as everyone knows that price will increase in coming  months.