Quote from: DualSignal on November 13, 2013, 09:16:33 AM

What is likely to happen to the Value of BTC against USD when the block reward is halved in 2016? Any predictions and reasons for you forecast. Is the Value likely to return to where it was before the drop?

Nothing happened the first time it halved. Nothing will happen the next time.

Quote from: ParabelluM on November 13, 2013, 09:27:00 AM

The price = Skyrocket

No.

Quote from: Gator-hex on November 13, 2013, 10:43:57 AM

It will cost more to mine new coins so pretty much guarantees as rise in Bitcoin price.

Quote from: ajax3592 on November 13, 2013, 11:55:16 AM

When the bitcoin reward per block gets reduced, there is a scarcity of Bitcoins which shoots up the value.

Quote from: c789 on December 06, 2013, 05:10:58 PM

So, when the reward halves, it effectively becomes more scarce, which will cause its value to rise.

The block reward has no virtually no effect on the supply of bitcoins. 3600 coins are mined daily vs. 200,000 coins traded daily. Even if all the newly mined coins were sold every day, halving that would change volume by only 1%, which is less than the daily variance.