[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 13 KB, 256x256, BC_Logo_.png [View same] [iqdb] [saucenao] [google]
13889788 No.13889788 [Reply] [Original]

Anyone think the 2020 halving won't push BTC past all-time high prices? Explain if so.

>> No.13889803

>>13889788
priced in ever since the halvening became a normie meme.

>> No.13889807

>>13889788
it will but it wont be the fucking insane predictions like 100k, i would be a new ATH but then corrections and possibly down 60%

>> No.13889808

>>13889788
itll just be used by whales to play around

>> No.13889827

It won't because it'll be taken over by Bitcoin, which by that time will have unlimited blocks. idk how many BSV a 5 gigabyte block rewards a miner, but I do know the 1.4 gigabyte block they mined last week gave 28 BSV in fees. BTC normally mines 1 BTC or so in fees, I'm not sure what the logic there was probably should have just followed the whitepaper.

>> No.13889887

>>13889803
It literally can't be priced in because if that were true miners would sell at those inflated prices bringing them down. It's self-defeating.

>> No.13890108

>>13889788
Block halving is a ponzi that gives a disproportionately large sum of BTC to a small group of early miners. It effectively gave Satoshi a premine, but retards will suck his dick and pretend halving is necessary for scarcity

>> No.13890121

>>13889807
nigger you thought that pump in 2017 was monster....trillions are going to be entering crypto. this next runup will be remembered for as long as humanity's wretched existence continues.

>> No.13890162

>>13890108
satoshi is dead.
his coins are lost in limbo.

>> No.13890174

Normies are wise to the scam this time. No greater fools.

>> No.13890182
File: 43 KB, 496x818, 1515611873154.jpg [View same] [iqdb] [saucenao] [google]
13890182

>>13890162
Satoshi is alive and well.

>> No.13890185

>>13890182
Hey anon your picture doesn’t match your words

>> No.13890191
File: 2.00 MB, 800x800, 1479854979248.gif [View same] [iqdb] [saucenao] [google]
13890191

>>13889788
MINISTER YOU, SATOSHI!

>> No.13890192

>>13889788
test.

>> No.13890224

>>13889788
priced in + craig's flower faggot fund

>> No.13890253

>>13889788

>> No.13890261

the halvening is required to shake out ineffiecient miners and was neccesarry to get it going at first.
it's all well designed. 100k is not far fetched. the euro collapse and a global trade war isnt priced in yet.

>> No.13890450
File: 8 KB, 251x242, 1556113971521.jpg [View same] [iqdb] [saucenao] [google]
13890450

>>13889788

>> No.13890503

>>13889788

are thread creation abilities off?

>> No.13890512

>>13889803
LMAO everyone quick look at this fucking IDIOT

>> No.13890846

>>13889807
deluded.

2020 bitcoin will have value way beyond 100.000USD. screencap this

>> No.13890866

>>13890846
LOLOL

>> No.13891379

>>13890846
First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 times growth)

Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575 times Growth)

Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115 times Growth)

Considering that the low value after the bubble has been 3200 usd let´s assume we grow instead of 115 times , half of that(a massive reduction in growth) , 57,5 times.

That gives us a price of 182k somewere around 2021.

And this is assuming a massive slowing down in the price increases happening between halvings.

Also bitcoin will have lower inflation than the usd and eur early next year.

Assuming it keeps with the trends and we grow let´s say 100% we are going to 320k.

But we will have lower inflation than the usd and eur so relative to fiat it will be a constant growth so maybe John does not eat his dick.

>>13890866
100k usd means a massive slowdown in price increase.

>> No.13892422

>>13891379
This bear market has been significantly shorter than the last two. Cycles are supposed to be getting longer. Makes me wonder whether 3.2k truly was the bottom or cycle analysis is worthless.

>> No.13892565

>>13889788
>surely this time is different

>> No.13892603

>>13892422
last cycle had a mt.gox

>> No.13892678

Capital flight will be the catalyst to push bitcoin past 100k

>> No.13892690

>>13892603
this one is worst
we have tether and about 50 literally better options than BTC