[2015-10-07] Why I think the Bitcoin price will skyrocket very soon

[LiteCoinGuy]

Why I think the Bitcoin price will skyrocket very soon

July 2016 might be Bitcoin’s biggest month since the currency was created in 2008. The next halving of newly-mined Bitcoin is going to happen soon, causing the supply of newly created Bitcoin to drop by 50%. This is one of Bitcoins most loved and honored principles since it is responsible for the maximum of 21m Bitcoins in total. Therefore, this halving makes Bitcoin a deflationary currency which is also what made it so different to all the other currencies back then.

http://about.bitwa.la/this-is-why-i-thi ... very-soon/

[knight22]

I don't think the price will skyrocket before the block size issue isn't being resolved though...