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Author Topic: [2016-07-10]Nothing Happened After The Bitcoin Block Reward Halving  (Read 360 times)
BTCBinary
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July 10, 2016, 03:08:54 PM
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Nothing Happened After The Bitcoin Block Reward Halving

The speculation is over and any dramatic changes regarding the value of Bitcoin will probably happen within the coming months if they occur at all.
Bitcoin saw some volatility in the last few months, which was overall positive considering BTC rose from $420 to $630 in a period of 3 months, reaching the $789.78 (Data via Bitfinex) mark on the 16th of June...

http://www.newsbtc.com/2016/07/10/nothing-happened-bitcoin-block-reward-halving/

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Kprawn
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July 10, 2016, 07:34:02 PM
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That's just the thing... everyone was expecting massive price increases and it is just not going to happen. The price will drop even lower than it is now, as short term speculators exit the scene.. but the

price will still be higher than it was a year ago... So on a year to year basis... Bitcoin performed pretty well for a currency. We will see the affect of the Halving coming in slowly in the next couple

of months, when the current speculator supply is absorbed.  Wink

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July 10, 2016, 11:43:54 PM
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This is good news.  This attracts more people due to less volatility.  Nothing happened at the Litecoin halving either.  Keep on truckin' bitcoin.

I love Bitcoin
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