Quote from: funbarrel on August 22, 2016, 09:00:19 PM

Quote from: Osarman on August 20, 2016, 09:15:10 PM

Quote from: Sweetbtc on August 20, 2016, 03:27:15 PM

It all depends on the supply and demand of the bitcoin that determines its price, if theres a sustainable balance between the two; the value of bitcoin will continue to rise, especially after the halving event as you look at the statistics of the last halving scenario.

Good point of view that bitcoin price is really depend on supply and demand , if supply of bitcoin will be increase then bitcoin price will be decrease and if supply decrease and demand increase then price is going to higher .

the supply is decreasing because of halvings and the demand is increasing because of the new people getting into bitcoins, i hope the price will soon be huge

That will happen in the future for sure. The demand will rise much faster then so far and suply will soon become very short and that must reflect on price. In positive way, of course.