Of course the price will be higher as a result of the halving than if there never was going to be one. However it is impossible to know what the price would be right now if there was no halving planned.
Perhaps the price would have been $250 now. I.e.- the price rise has already happened.
Perhaps the price would have been $410 now - in which case the price rise has yet to come.
There is no way to know. Certainly, it is ridiculous to expect a price rise right around the halving. I would actually think a price drop is more likely, as people dump their coins when a hoped for rise doesn't materialise. I believe this happened to oil prices during the start of Gulf War2- everybody expected oil prices to go up, they didn't, people dumped their holdings as a result, then price went down.
Topic: Getting closer to Halving but .. no increase ? - page 14. (Read 10303 times)
No, there isn't a rule saying that the price will increase... And we didn't go through the halving yet.
I know there isn't but as I said "logically" when you hear about the halving , you know that the price will increase and you start buying (and more demand = price increase) , this is how I see it .
logically the price would only increase after the demand increase and/or the supply decrease. an early increase because of not-yet-happened event are speculative.
No, there isn't a rule saying that the price will increase... And we didn't go through the halving yet.
I know there isn't but as I said "logically" when you hear about the halving , you know that the price will increase and you start buying (and more demand = price increase) , this is how I see it .
Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?
I think there is any correlation between price rising or halving block.
Why ? Because there are a lot of external fact that could impress real value of btc....
From exchangers... to users... miners and so on...
We are still a couple months off, I think the price won't rise that much before the halving, even after the halving the price will slowly rise because people will be dumping at a higher price.
No, there isn't a rule saying that the price will increase... And we didn't go through the halving yet.
Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?
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