Post
Topic
Board Bitcoin Discussion
Re: Halving event: expectation vs. reality
by
bitgolden
on 09/08/2016, 06:50:52 UTC
OP shouldnt be disapponted with what happen to the price of Bitcon after halving.  Price had been increasing this past months.  from somewhere 300 USD to peak 700+ Usd, now it is stable at 630usd - 680 usd  am sure lots have profited from this event.   If you are expecting higher price than this, I think you need to wait another semester.

Even today's price after the Bitfinex hack is still double 12 month ago price. So the halving has some effects.

I agree. The price was around $250 12 months ago and it's $586 right now so it was more than doubled actually. I'm not disappointed by today's price although I do think that it will be over $600 very soon.
It really increased our money we should have to be happy with halving, and you are right the price now is tending to increase to reach to $600 and I hope that bitcoin will reach to its previous value of $650 within a week or two.