Quote from: molecular on July 31, 2015, 11:47:10 AM

Quote from: odolvlobo on July 30, 2015, 09:16:09 PM

Quote from: foxbitcoin on July 30, 2015, 08:21:10 PM

I was just looking at the chart for historical halvings, and noticed that the last having literally happened right before our meteoric rise to $1100. That's when the block reward went from 50 to 25. Is that coincidental?

Well, if you consider a two month delay as "right before", I suppose the halving did occur "right before" the rise in February to $260.

Do you really think the effect of the halving will show itself 'exactly on' of 'right after' the reward halfing?

Of course the effect will be spread out to a period starting well before the halving itself end ending well after it.

Let's look at last time:

I say it was halving-induced. Price went from $5 to ~$125, a 25x increase. So I think my earlier estimation of a 10x increase is conservative under these assumptions.

Great graphic - and I agree. Keep in mind that the halving happened in 2013 where we saw not just one but two insane bubbles. I do agree that the halving had a major role in the first.

ThatDGuy

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