/biz/ - Business & Finance

>>14233663
Halvening puts btc supply inflation below the (((reported))) inflation of the US dollar.

Basically bitcoin is always going to be gaining value no matter what.

>>14233663
This will be the worst havening iof all time Craig wins

halvening will bounce from 2k-4k and it will go below 1k after because it's not profitable for miners
everyone will be moving to sv for the 100k TXs

>>14233700
+15 rupees deposited

>>14233686
When the reward halves wont the hashrate plummet as miners go bankrupt?

Logically it follows that if a 50% reduction in reward is good for BTC then a 100% reduction in reward would be even better for BTC, but that's obviously wrong because nobody would mine the chain anymore and it would die

>>14233663
Short bitcoin to 8k, then go long next month and hold for 1 year. It might actually reach 20k again, but then everyone will exit and invest into other cryptos because bitcoin is just too inefficient.

miners are supposed to get rewards from transaction fees at some point but nobody actually spends bitcoins they just hodl so idk.

>>14233769
Wait, BTC is designed to be used? I thought we were just supposed to hodl it until it moons and we can sell it to buy lambos

>>14233724
Actually, if the price of BTC doubles (which it very likely will), it will be just a profitable then as it is now

>>14233983
yeah and what if it doesn't

>>14233663
It is somewhat priced in. People are going to get in earlier this time, and I have a feeling the rise and fall might be only a few weeks after the halving. We could hit BTC ATH for years to come next summer or sooner. The thing is halving has happened so many times now and lead to a huge rise that people will jump in sooner than ever before...

>>14233663
>Everyone unanimously agrees that BTC will rise after the halvening
My take on it is, (1) relatively slow steady growth up until the halving, maybe ramping up considerably in the weeks leading up to the halving, (2) small drop immediately after the halving and then (3) growth continuing for a year, rapidly gaining momentum until new ATH. If it reflects 2017/18 it could crash 80-90% to say $40k-$80k but unlike last time this time there are other factors to take into account like inflation becoming lower than gold and other fiat currencies.

>>14233686
Mining has less impact the more bitcoin is in circulation.
The halvening might get some hype going though and then a major correction after

>>14233663
thecaseforbsv.com OP. Your shitcoin will go down hard. Its explained in full detail there.

>>14234023
That would be an incredibly rare historic occurance. Most people in crypto would be fucked. But again, I don't think it's likely to happen.

>>14233983

>>14234118
>please click my shill website
No

>no incentive to send tx
>tx are capped
>miner reward being halved
>unprofitable to mine unless price increases for no reason
this spells disaster to me and the first to get their coins to an exchange will preserve their wealth

>>14234160
you'll enjoy poverty then, thats a given

Its because you're confusing resistance for a price in

>>14234143
these trends are total memes, their lines change over time
this current pump is a technical retest of the uptrend to 20k
same as the last cycle

>>14234216
That's a big fucking stretch anon.

>>14233741
Are you retarded

>>14234357
Explain how I'm wrong

>>14234306
maybe, but lets watch and see
it got rejected from that green line 3 times so far

>>14233686
This is the dumbest fucking comparison and I constantly see retards like you pushing it. You can't compare CPI to the number of bitcoins produced. CPI is a measure of prices not dollars in existence.