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Author Topic: Exactly one year away from block halving  (Read 1882 times)
adaseb (OP)
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August 05, 2015, 07:03:06 PM
 #21

What I am really worried about is that, most likely right before the halving the price will go up.

However,

In 8-9 what if Bitcoin drops down to like $50, or $100 per BTC. Then even if it doubles to $200 , we are all still at a loss.

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VirosaGITS
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August 05, 2015, 09:17:29 PM
 #22

What I am really worried about is that, most likely right before the halving the price will go up.

However,

In 8-9 what if Bitcoin drops down to like $50, or $100 per BTC. Then even if it doubles to $200 , we are all still at a loss.

Unless something major hit BTC i don't believe it can go that low, we found a lower level of minimal floor value, i think it can go lower than the one we last found, but not that low.

If something major do hit BTC, like a major failure with some humongous dump it might lower drastically but otherwise, why would it? The SUPPLY raise rate is getting halved, that will put upward pressure, not crash the price in half.


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