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Topic: Why Bitcoin price could hit all time highs in 2016 - page 3. (Read 3201 times)

hero member
Activity: 988
Merit: 1000
Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses. 

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.



The halving is no guarantee for a price decrease. Just look back at the last halving. And you will see most of the time the price stays the same.
My bet is this halving the price will increase, not because of the halving but because of new money coming in.

Wall Street, China, there are plenty of parties looking towards bitcoins these days.
I agree that you need the new money to flow into Bitcoin to start moving the price up. I am sceptical however if the new money is willing to risk that. What, apart from halving, would attract new money? We do not have new fundamental developments for a longer whiile now.
newbie
Activity: 42
Merit: 0
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses. 

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.



The halving is no guarantee for a price decrease. Just look back at the last halving. And you will see most of the time the price stays the same.
My bet is this halving the price will increase, not because of the halving but because of new money coming in.

Wall Street, China, there are plenty of parties looking towards bitcoins these days.

Halving will bring price hike but certainly not that much maybe a few dollars or a hundred,certainly new user of bitcoin are constantly coming every day and its making the price high.
sr. member
Activity: 462
Merit: 250
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses. 

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.



The halving is no guarantee for a price decrease. Just look back at the last halving. And you will see most of the time the price stays the same.
My bet is this halving the price will increase, not because of the halving but because of new money coming in.

Wall Street, China, there are plenty of parties looking towards bitcoins these days.
legendary
Activity: 1159
Merit: 1001
Miners are dumping about 4k newly minted coins daily on the exchanges to pay off expenses.  

Provided that demand remains the same, and only half that is dumped post July, the math suggests a price increase.

legendary
Activity: 1512
Merit: 1012
Quote
Very interesting video, what do you think ?

Or ... because Bitcoin network have NO CIRCUIT BREAKER to halt the price.




















Trusted Network.




legendary
Activity: 1260
Merit: 1000
All these low post count posters are just spam shill accounts for banks.  Notice they're all like "halving won't do anything to price it will go down!"
hero member
Activity: 812
Merit: 1000
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

800$? Too much, won't happen, it will be up to 700$ at best case,  some people even think that price will rise to 1000$ or more but price is just too large,

Anyway i wait for halving, and if price will rise by 50$ atleast i will be happy

yes we cannot expect too high price as halving will not take the price to moon, but anything around $800 would be good to see and many of us would be satisfied with that price.
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

800$? Too much, won't happen, it will be up to 700$ at best case,  some people even think that price will rise to 1000$ or more but price is just too large,

Anyway i wait for halving, and if price will rise by 50$ atleast i will be happy
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
This year halving is gonna take place, just because of that it is expected to hit the highest value of Bitcoin. But most probably this year's price won't be the highest because already over the past years it has crossed 1500 dollars.
full member
Activity: 238
Merit: 100
i think halving will change price, but not like everyone says to 1000$ or more, that's dumb, in best scenario, it will go to 650$ not more, and only if price will rise before halving
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
becouse of media, spreading bitcoins around wrold, so more people will want bitcoins, so price would go higher i think, not much but still
in order for media to talk about bitcoin you need some fundamental developments that would help to spread the adoption. Blockhalving is not the event of that kind. It is interesting for people who already are in the Bitcoin ecosystem, but not to attract new people.
full member
Activity: 224
Merit: 100
becouse of media, spreading bitcoins around wrold, so more people will want bitcoins, so price would go higher i think, not much but still
legendary
Activity: 1946
Merit: 1007
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

Stop thinking that halving of new supply will double the marketcap.. That is simply not true. The only way this could work is if everybodies bitcoins were also halved.

Remember that in the halving only the new coins are affected and not the previously released coins, which are the vast majority and which are still potentially available for sale after the halving.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving
$500-600 is the maximum level, if there is nothing else than halving happening this year. If we don't have some bitcoin-positive, fundamental developments then we may forget about going higher. There is simply not enough new money flowing into bitcoin to get that far, and I guess these who already bought under $400, or under $300 won't be adding more at $500+ levels.
member
Activity: 119
Merit: 100
Another thing to consider... is that when BTC price raises, most altcoins keep their bitcoin price, so it is pretty much the same to have money invested in altcoins instead of BTC.
cr7
full member
Activity: 364
Merit: 100
They said the same thing about the last year.

I see no reason for a new ATH in any foreseeable future
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Well halving will rise bitcoins price very, very high, it's 401$ now,  so i think it will be around 800$ after halving

The price won't reach that high. This value depends on the halving. This year halving does't lead to a much variation in the price of bitcoin as it is experiencing gradual increase.
sr. member
Activity: 313
Merit: 250
we have seen the $500 price level being smashed down in november 2015 and our next real target will be $600. let's first see if we can manage to see $600 in the comming months before having a fantasy about a new ath.

Never hit that point according to coinmarketcap. 500$ was smashed back in 2013
legendary
Activity: 896
Merit: 1000
we have seen the $500 price level being smashed down in november 2015 and our next real target will be $600. let's first see if we can manage to see $600 in the comming months before having a fantasy about a new ath.
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