Is now the time to buy? - page 2. | Bitcointalksearch.org

EPiSKiNG

legendary

Activity: 800

Merit: 1001

Quote from: RodeoX on April 06, 2012, 07:11:35 PM

Of course I don't know, But it stands to reason that if supply remains constant and the block reward is halved the price should approximately double.

I'd like to think this is the case, and I'm quite certain that people who understand how mining works would view it as such, but I think the value may depend on how quickly people are looking for large quantities that will affect the value in relation to the rate at which the coins are produced.

matthewh3

legendary

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Merit: 1003

Quote from: TheBitMan on April 06, 2012, 07:09:05 PM

Quote from: matthewh3 on April 06, 2012, 07:08:23 PM

Yes maybe or nearly within the next eighteen months either that or there stay below $6 until the new year Huh

I guess if anyone really knew they'd be rich..

Yes bitcoin is still too new and uncertain for major investment but if it can stay above $4 for the next 24 months I can see more people investing in it although if BTC doesn't reach $9 by January you can see a lot of miners packing up and the chance of bitcoin becoming more centralised very likely Cry