Max Price of Bitcoin After Halving - page 3.

familiaverde

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Quote from: panju1 on June 07, 2016, 11:09:30 AM

Quote from: Jemzx00 on June 07, 2016, 10:54:03 AM

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

I say it is the first important factor "the halvening" becouse the biggest farms for bitcoin are from china and they cannot just shut down the miners ..

Kprawn

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The Halving will be the pinnacle of the event, and the buildup to the event will be the thing to watch. The figures have been influenced by the Chinese, with all the rumours that there are massive capital flight

out of China, but I figure a big percentage of that are just people {speculators} investing in the hopes to profit on the Halving event. The price will still climb, and my early predictions were that it would go to

$650, IF nothing major happens. Wink

{Like an exchange being hacked and millions of coins being lost} Roll Eyes

panju1

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Quote from: Jemzx00 on June 07, 2016, 10:54:03 AM

So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

According to "experts", the price increase has more to do with demand from China rather than the block reward halving.
While the halving is important, it is not the only factor which drives Bitcoin's price.

familiaverde

sr. member

Activity: 560

Merit: 250

I say that the bitcoin price will be something like this

650-700$ before halving

800-850$ fist 2 weeks after halving

and then 650$ again after the correction

at the end of the year 800$

Cryptonitex

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Everybody is going to tell you that they don't know, and that they can't predict the price.

This question has been asked 5 times in the past 3 days.

Thank you.

Lauda

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Terminated.

Quote from: Jemzx00 on June 07, 2016, 10:54:03 AM

From those people who's most experience the changea of price of bitcoin??

There is no such thing. The chance of their prediction coming true is almost as equal as the chance of the next person's prediction. Nobody can really know for sure how much and when the market is going to shift.

Additionally, why do people have the need to open up so many speculation threads (+ in the wrong section) about the halving? Quite redundant.

Jemzx00

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So from just a month bitcoin price went up a lot from 500$ to 570+$ and the halving event isn't happening yet. So I ask what do you think will be the price of bitcoin on the day on and after halving event. From those people who's most experience the changea of price of bitcoin??

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