anything can happen. maybe the price will go up, or even going down.
Topic: Bitcoin Price Spike Again? - page 2. (Read 1208 times)
in my opinion, everything can happen to bitcoin price.
anything can happen. maybe the price will go up, or even going down.
anything can happen. maybe the price will go up, or even going down.
the price jump of late 2013 was a combination of 3 things
1. reward halving
2. ASICS - the important one
3. china exchanges adoption.
number 2 is important because it was within a couple weeks of the first real ASICS that the price started to move. and because most of the asics were 'made in china' point 3 also helped push the speculation to astronomical levels.
i think this winter (after the reward halving) will see a rise. but not to the magnitude of the 2013 event
1. reward halving
2. ASICS - the important one
3. china exchanges adoption.
number 2 is important because it was within a couple weeks of the first real ASICS that the price started to move. and because most of the asics were 'made in china' point 3 also helped push the speculation to astronomical levels.
i think this winter (after the reward halving) will see a rise. but not to the magnitude of the 2013 event
There's a good chance the price spikes have leapt across to alts for now at least. The last explosion occurred before margin trading was widespread and there were less exchanges. It's a more complex and distributed market now. That dampens the really wild moves.
There is a lot of talk about "2016, the year of BTC", and I don't know if that is for sure. But I'm sure we are all praying for another spike like the one a few years ago. That is why I am holding my BTC and waiting for a price increase before selling.
Everyone is saying that it can happen but nobody knows when it will happen.
Most, point to smoe time before the Halving, which will greatly affect the supply of bitcoin.
Stay tuned, cause it can happen any minute now!
Most, point to smoe time before the Halving, which will greatly affect the supply of bitcoin.
Stay tuned, cause it can happen any minute now!
We all know about the huge increase in the value of BTC in 2014, do you think this major spike in price could happen again? If so, soon? Let me know what you think.
Jump to: