Quote from: maker88 on February 24, 2017, 06:44:01 PM

Quote from: Bitcoinsummoner on February 24, 2017, 06:23:07 PM

Quote from: Mr.grin on February 24, 2017, 06:12:02 PM

bitcoin prices really go up and almost touched the $ 1,200 price. I believe, tomorrow for sure the price has exceeded $ 1,200. the speed of price increase is happening so fast. I just hope that these prices will be completely stable in the long term.

I think the price will still not touch at $1200 value and i think the price could be still stay long in this price.. or the price could be decrease soon..
Just lets hope that the price of bitcoin will not go down below $1000 if its happen the price could be increase and touch to $1200.

What do you guys mean? 1220 was hit last night. We've already hit 1200 several times

that's true, the next big stop is going to be 1300 dollars and i think it can be achieved pretty soon if the price does not get dumped any time soon, i hope that we are not in just a pump and dump at the moment.

Quote from: uki on February 25, 2017, 08:16:43 PM

Quote from: e-coinomist on February 25, 2017, 05:56:17 PM

Quote from: uki on February 24, 2017, 07:45:39 PM

Quote from: e-coinomist on February 24, 2017, 01:04:09 PM

Quote from: crazyivan on February 24, 2017, 07:04:27 AM

Even if it gets rejected and I believe it WILL get rejected, I think they price might stay up.

Totally exspected, due to halving effects. If it has been fivehundreds before halving, you can experience 2x of that afterwards.

The price doesn't have to double after halving, it is about buyers and sellers. Take the first halving for example.
Remember also that with each halving there is 50% less coins left to be mined. That means more coins in the circulation and presumably more hands that want to dump it, if the price to sell is attractive. That has to be compensated by more new money flowing in, otherwise the price will decline.

The first has been more influenced by emission rate, since there had not been millions of BTCs floating around. For a currency that got dubbed beeing deflationary by nature the inflation has been horrendous high.
Today one needs a way bigger lever to move this big mass of a $18,000,000,000 Marketcap. Only the blocksize debate could mess with it, not a single trading entity. If Segwit fails, BU stuck, people loosing patience perhaps.

That is exactly why the price has absolutely no conection (or very little) to halving. Halving may be used as a an excuse to pump the coin, but in the long run, it is as you wrote: you have more coins in circulation and thus you need each time more new money flowing in, in order to keep it going.

it is funny to see how people say that it does not have any impact on the price, I mean just think about it, it gets harder and harder to get bitcoins while the demand increases and increases over time, then of course the price grows in a long term.