[ 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: 234 KB, 774x850, mumu jackson.png [View same] [iqdb] [saucenao] [google]
57979870 No.57979870 [Reply] [Original]

Everyone thinks a halving dump will happen. It won't.

In 2012 was the first halving. There was trepidation around bitcoin even continuing to function after this first halving among other paranoia. This cause a dump which eventually corrected.

The second halvening, there was no dump. Mayb the slightest dip, followed by an upwards movement leading into the 2017 bullrun.

The third halvening, covid happened. This caused the massive dump before, during and after the halvening, which eventually corrected.

I'm going to suggest that people have taken the Covid dump so seriously, that they assume this had more to do with the halving than covid did. This year there will consequently, be no halving dump. In fact, it will actually spike upwards because the opposite of what everyone expects is prone to happen at times like this.

>> No.57979886

>>57979870
>astrologers disagree on what will or won't happen
What else do you see through your crystal ball? Have you read the tea leaves recently?

>> No.57979896

simple fact that miners will have to sell their reserve btc

>> No.57979923
File: 205 KB, 882x742, 1703144445085924.jpg [View same] [iqdb] [saucenao] [google]
57979923

>>57979896
they already are doing so to blackrock
100k imminent