[ 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: 180 KB, 1024x762, C708D178-FD7C-42D5-BD06-EF527F6993D3.jpg [View same] [iqdb] [saucenao] [google]
17420248 No.17420248 [Reply] [Original]

Wouldn't it make more sense for bitcoin to drop before the halving rather than after?

After the halving, miners produce less BTC. It would be best to sell BTC before halving, finance operations for 12+ months, rather than gambling BTC price will skyrocket to breakeven price.

>> No.17420261

>>17420248
Price will increase above ATH after halving. Cap this.

>> No.17420284

>>17420248
People are buying the rumor and buying the news.

>> No.17420302

>>17420248
stop using your brain goyim. repeat after me: mining number go down. price number go up.

>> No.17420374

>>17420261
And go down before halving

>> No.17421238

>>17420248
it will go up to $12k before the halving then drop to $10k the day after the halving, then slowly recover and finally start the golden bull run of 2020

>> No.17421262

>>17420248
Because majority of traders think what halving will rise the price, and majority is always wrong.