you never know what will happen with the bitcoin price. not many people think it will crash with the only reason being the upcoming block halving. but it's definitely possible. beside that, the price crashing doesn't mean bitcoin will be affected by that. crashes happen from time to time. it allows coins to find a new owner. weak hands get shaken out, and stronger traders take over.

28 juli as i believe it will happen at the end of the month. i tried to calculate the average block times, but it won't help much since it changes quite a bit.

the thing is that when people are waiting for the price to go down to $350-$380 levels, you might end up wasting your time and miss a great buying opportunity at todays price of around $415. i always buy with 50% of the money i have for investment purposes directly, and the other 50% of the money is for when the price goes down even more. that allows me to benefit from the price going up or down. it's a win win for me. if the price goes up, it's nice because i make a good profit. if the price goes down, it's nice because it allows me to increase my coins at a lower price.

well, with the upcoming block halving ahead of us it is expected that the price will continue to rise with probably a peak before the day the block halving is active. if you have enough patience it is a good choice to keep holding your coins at least untill that day. if you can't wait because you have to sell for personal reasons, then you can sell at whatever price you want.

i am already happy when the gold price stays around its current price levels. it will make it a more than perfect store of wealth for the people that don't want to keep their money into fiat or bitcoin. it's a great alternative. the only downside when you buy physical gold is that you need a safe location to store everything.

well, the price is expected to go up while we are coming closer and closer to the block halving. people that have been buying their coins at current prices and when it was sub $400 will most likely secure profits just before or just after the halving. people who are willing to enter the market at that time will put up buy orders at various price levels. and these people end up buying the coins that people are selling.

if major companies indeed offer their employees to get paid in bitcoin whether it's in full or partially, then a lot people still need to convert it back to fiat at some point as they have bills to pay. you can't pay your mortgage in bitcoin. you can't pay your health care and other insurances in bitcoin. if it was possible to pay bills in bitcoin, then more people will not convert it to fiat, then they will directly pay their bills with bitcoin.

if the internet indeed vanishes for ever, then the entire infrastructure that depends on internet will be unusable. it's quite a doom scenario that will never happen. it may only go down for a short while. not for ever.

just have patience and all will be good. i think the real action will start 1 month or maybe 2 weeks before the block halving gets completed. we can't do anything other than waiting for the big boys to start pumping the price. i am sure all will come from china.

i am already invested in bitcoin. i buy every month a certain amount of coins to increase my coin count as i believe it will pay off eventually. i have enough patience to hold my coins for plenty of years. i will enjoy seeing the value of my coins go up throughout the years. it's an investment and store of wealth at once for me.

if the price goes up high enough after the block rewards have been decreased to 12.5btc, then the miners won't complain at all. if the price stays at current price level, then still the large mining farms can make profit. it will be the smaller miners that will feel the pain if the price doesn't go up much. these miners will most likely leave temporarily. they will come back once the price goes up again.

bitcoin as it is right now is the perfect internet currency. when it comes to not-online transactions we can't ignore the supremacy of fiat currencies. that's where bitcoin still has a lot catching up to do in the coming years. it means that there is plenty of room for growth throughout the years. i really can't wait till the day that i can spend my coins in any stores here in my local place.

litecoin will be the last option when nothing else is possible anymore. my money will all be put into bitcoin only.

whales aren't really waiting for anything. it's the community here that is waiting for the price to sky rocket. whales will do their work once they think the time is right. at the moment we're sitting in a calm phase which might bore some people, but the block halving panic will start once we're a few weeks away from the actual halving. that's when you will see the whales come to live.

you are right, willy the bot is gone. but don't forget we still have okcoin and huobi that will perform some nice tricks in order to get the price to peak. just wait for it.

it depends. i know a few people here that do some coding work as a side job to earn some money, and they always convert their bitcoins directly to fiat as they don't feel comfortable holding it in their wallet as the price can go down 10-20% easily in a very short time. these people don't risk anything in this case.

those who are against people using bitcoin, may indeed end up bombing the larger mining farms in order to damage bitcoin. look in syria. entire parts of that country are destructed where there aren't any buildings without significant damage. there is still internet and telecommuncation possible. as long as that is possible, bitcoin will stay up and working. maybe not as stable as we are used to, but it will work. especially when mining farms are placed in strategic places.

if there is enough demand throughout the years, then yes, the price will go up. but i think the impact of the block halving on the price will only last for a short time. there will be too much speculation in the price by that time, and we have to get rid of that before seeing a sustainable growth. there will be a lot volatility in the runup to the block halving. smart traders will sell at the right moment as a huge dump is expected.

phsychological support is also quite strong in certain scenarios. but right now the $400 level has barely any support. currently at bitstamp only 1180BTC is needed to get the price below $400 which can get dumped through in just a second.

you can't be serious, right? what you do is not investing. it's called gambling. some times you're lucky, and you win. and more often you're ending up losing money.