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Topic: A noob question. - page 4. (Read 3516 times)

newbie
Activity: 57
Merit: 0
March 09, 2015, 01:47:36 PM
#2
The halving is near, and as many of us know, it will slow the amount of coins "minted" each time the miners find a block. I understand the basic of supply and demand, and I also know that the lesser the supply is, the higher the price. But what if there is a less supply but also less demand on the other side? Would the price still be high as expected? Or will it be low because apparently there are no buyers on the other side of the market?

Confused here. Please help.  Huh  Huh

Near??? still 72 weeks away, a lifetime in bitcoin time
http://bitcoinclock.com/

legendary
Activity: 3542
Merit: 1352
Cashback 15%
March 09, 2015, 01:40:12 PM
#1
The halving is near, and as many of us know, it will slow the amount of coins "minted" each time the miners find a block. I understand the basic of supply and demand, and I also know that the lesser the supply is, the higher the price. But what if there is a less supply but also less demand on the other side? Would the price still be high as expected? Or will it be low because apparently there are no buyers on the other side of the market?

Confused here. Please help.  Huh  Huh
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