Post
Topic
Board Economics
Re: Tell me your predictions about Bitcoin
by
escrowboy
on 22/07/2016, 13:00:23 UTC
The price seems stable for the month of July and we have not seen any substantial increase yet even if the halving took place this month. I think the price now is good to buy as it will increase in the future when the halving will be felt by us.

The price of bitcoin could be stable for the next few months. It will rise after some months of correction.

That will be depending on the altcoins that are being created. If one will present major usage that bitcoin can not do then more users will shift to altcoins.
That's not how it works, if a certain altcoin soar on it's price bitcoin might slowly go up because it affects the demand in it. Same when bitcoin is on a boost, altcoins will slowly going to rise.