Quote from: mjsbuddha on February 25, 2014, 05:44:26 PM

Quote from: ThatDGuy on February 25, 2014, 05:22:38 PM

Quote from: mjsbuddha on February 25, 2014, 05:14:32 PM

Quote from: checkers6676 on February 25, 2014, 10:55:48 AM

im holding my btc until the next block reward halving.

why? price didn't jump last time. with a daily exchange volume in hundreds of thousands of coins, newly mined coins make up like 2% of the daily volume. Mining rewards are just to small a percentage to effect price much.

Didn't the last halving happen in December 2012? April 2013 wasn't too far after that.

Granted, there were other things going on, but I absolutely think that reward halving has an effect - even if it's largely psychological at first.

You are saying the price halving resulted in a price spike 1/3rd of a year later? Tongue

lol

No. I'm saying that it was one contributing factor of many. Bitcoin events do not occur in a vacuum.