[2016-07-07] The Halving Month Is Here; What Will Happen to the Bitcoin Price?

[CrimBit]

The halving month has finally arrived, and this could potentially be the first of several jumps in the coming days and weeks. While no one is making any real predictions yet, the fact is that there is no going back. Bitcoin has reached ‘the point of no return,’ and production of the virtual currency is set to be significantly cut.

halving

One plausible action might be to stock up on bitcoins now.

While we’ve witnessed heavy drops in the past, some still believe that bitcoin is the strongest and most stable currency in today’s financial markets, so unless their stashes are already massive, it may be best to take matters into their own hands with what little time they have left. With their savings and earnings all chalked up in the Bitcoin arena, their best-case scenario is to add to their stashes and buy bitcoin now before it surpasses the $700 mark.

http://bitcoinist.net/halving-month-bitcoin-price/

[grim007]

I think price will inflate as it predicts and as of what happening today

[InvoKing]

'' halving month '' hehe we are in the halving week
'' Reward-Drop ETA date: 09 Jul 2016 17:53:52 '' (+/-)  not as accurate as it looks but the price until now isn't moving as expected... maybe we should wait until the halving is done to see the girafe's neck

[Kprawn]

The long wait is over and we are in the last week before the Halving.... I think my prediction for a $650 to $700 price range for the Halving is going to be fairly close. I do not see any big fireworks for

the price in the near future and $700 might be the next stand for a while. That said, many things might happen in a week... Brexit might just bump the uncertainty in the financial markets and some of

that capital might flow into Bitcoin. Seeing that Bitcoin has a steep learning curve... people might just take a little longer to get on the boat.