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/biz/ - Business & Finance


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57999393 No.57999393 [Reply] [Original]

Alright y'all, let's get real here. You might reckon this halving's gonna make Bitcoin prices go haywire, but truth be told, it just ain't gonna happen! See, goin' from 6.2 Bitcoin to 3.1 ain't no big shake-up. The supply's still gonna keep comin', just a bit slower. Trust me on that one.
Now, bein' real again, when's this halving gonna really start rattlin' the price? Well, I'll tell ya straight up. It ain't 'til 2028 when it drops to 1.5 Bitcoin per block. But even then, it ain't nothin' compared to the big bang in 2031. That's when things'll really get shaken up, I guarantee ya.

>> No.57999432

It cant be priced because the miners figure out of theyre profitable to keep the mining rigs running a few days/weeks into the halving happening, which is why there's usually a significant dump when the halving happened because you have mining companies who cant keep running with 50% less reward and they say fuck it and dump all their holdings to sell it all and give up

But as it is right now with ETF inflows causing demand to be higher than usual all miners should be profitable when the halving happens so it might mean there is no halving dump because ETF's are supporting miner profitability with the amount of demand they're pressing

>> No.57999523

>>57999432
That's my point
But also anons think the price will go up after a few days/month of the halving which ain't happening either
The halving ain't affecting shit, bitcoin is priced in
Thanks for proving my point.

>> No.57999842

Bitcoin price during the halving 65-70k
Bitcoin price after the halving 65-70k...
Sorry for the bull anons

>> No.58000241
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58000241

Everything is priced in. The market is a efficient machine that discovers the fair value of any asset by combining the combined wisdom of all market participants weighting all available information.

Trying to beat the market using any kind of analysis is bound to fail. Give up and buy WIF.

>> No.58000284

>>58000241
Thanks for proving my point too
Bitcoin ain't changing price neither up or down, it will crab forever around this range.