Bitcoin Forum

Economy => Speculation => Topic started by: 1990BEARS on November 03, 2015, 05:59:10 AM



Title: Price is up because of halving? Possible explanation
Post by: 1990BEARS on November 03, 2015, 05:59:10 AM
Hello
during LTC halving period, the price boost very much in months before halving...
is what we are experiencing a big halving hype, maybe miners buying in to compensate for any downfall from the halving?
http://bitcoinclock.com/ say only 37 weeks until halving. only 7-8 months.
I am happy about price rise, go BTC!


Title: Re: Price is up because of halving? Possible explanation
Post by: amacar2 on November 03, 2015, 06:07:30 AM
Hello
during LTC halving period, the price boost very much in months before halving...
is what we are experiencing a big halving hype, maybe miners buying in to compensate for any downfall from the halving?
http://bitcoinclock.com/ say only 37 weeks until halving. only 7-8 months.
I am happy about price rise, go BTC!

This maybe right. But thwn what if the price suddenly drop after the halving? I doubt the hype we are experiencing now and I am quite unsure of what would happen next.