The people who own 1000s of bitcoin are soon going to realize they have a dead investment until next spring/summer. The block reward halving in reality will mean miners are GOING to sell more btc to cover costs for new asics and slight amount of elect cost because price is not going to rise to match the halving. Before you could horde quite a few coins due to stuff being paid off but now they have sunk costs to recover, a falling btc price as we go into winter, and less reward in btc.
I will be thrilled to get more then 10 usd per btc come dec.
Maybe. But what makes no sense is buying more mining hardware when the price goes down. You will get allomost nothing from a 4.5GHs thingy when the difficulty is in the millions, it will be like one fucking amd5870 today. Last year, hmmm.