Post
Topic
Board Speculation
Re: Why Bitcoin Price Predictions for 2016 Range as High as $1200?
by
xIIImaL
on 20/10/2016, 17:56:22 UTC
This was indeed because of the halving but I think that we still can expect a good price in the nearby future.
At the end of the year the bitcoin always is going up last years so that is a good thing.

Right! This much price expectation due to halving effect and end of this we have christmas and new year price pump as well. Then mining reduction of the bitcoins into half in this halving. So we are expecting bitcoin price due to supply and demand as well.