I expect the price to drop when people realize it cannot support the cost of mining anymore. 

Nothing will happen, you guys are hyping it up for nothing
Remember my words

I don't think so. The coins come from the miners. They have the power to sell at a higher price point. Therefore, this has a direct impact on the traders.

They might sell higher to compensate for mining costs.

I'm still on the happy camper group right now.  Halving being priced in or not, we still got a healthy price increase overall on the last few months up until mid-june.  People should be content with that much of increase, especially the guys who's been holding since last year.  If the price increases further more in the next weeks then that's a ++.

The increase has already happened weeks before the halving or last month. The price from 500 plus dollars has risen up to 787$ and that's the highest increase that halving has brought us. So the price today at 638$ is going to Stay for weeks or even a month. But there is still a possible price increase expected of bitcoin but it will be out of the halving. The demand on bitcoin is highly increasing everday and the blockchain reward is becoming lower every halving which imply a substantial potential price increase. So never give up and just wait price increase is coming soon.

It is up 3 times since the end of last year. How can you be disappointed about the price?

If you are disappointed, you waited too long with reentering bitcoin.

Price is more likely to drop than go up as a result of halving now imo.

My prediction:
The price will go down because everyone is holding up their bitcoins!
It will continue to drop because people expect that it will rise after the halving so they'll wait.

My verdict:
Sell your bitcoins now while the price is decently high then buy after the halving.


"Maybe I'm right. Maybe I'm wrong. It's just my opinion."

Come to think of it. It was June 16 when the price was the highest at $768.24 and it was what people are waiting for!
The skyrocketing that we're expecting has happened already.
We must always remember: the movement of price depends on the movement of the buyers and sellers.


"Maybe I'm right. Maybe I'm wrong. It's just my opinion."

If they realize this than miners will leave (smaller one) than difficulty will be decreased so that remaining miners keep on mining and price will be stable in the current range. But if no any miners leave than price may shoot up more than 1000$ within next few months. But we still have to keep on watching what will be real drama rather than speculating.

I never feel a shocked for this situation because for few days I sure about this situation will happen. I never make a big deal for the expectation because that only will give me a deadweight about this. maybe a lot of the people will get wrong for their expectations.