- Joined
- Jul 20, 2015
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Why do you think the halving will have such a significant effect?
Econ-101: supply and demand.
Why do you think the halving will have such a significant effect?
Again -Econ-101: supply and demand.
I don't have a dog in this crypto fight, but where'd you get the $500K figure? Drew a line on the chart and thought number go up?
At $500K that'd put the (eventual) 21 million bitcoins around $10T.
All the gold ever mined in the history of humanity is worth something like $13T.
I'm not saying that can't or won't happen; I'm agnostic on bitcoin prices in the future. But does that really make sense or seem plausible to you?
That’s not true. There will only ever be 21 million bitcoin, but all 21 million have not been mined yet - and won’t be until the year 2140.Again -
Halving won't affect supply. The same number of bitcoin will exist prior to and after this event.
Again -
Halving won't affect supply. The same number of bitcoin will exist prior to and after this event.
I am fairly confident that whatever the price of btc is now in the next 12-18 months will have a 50% increase. The why or why not do not matter. I hope you get similar returns in your portfolio.
Hope you win big.I am fairly confident that whatever the price of btc is now in the next 12-18 months will have a 50% increase. The why or why not do not matter.
I won'tI hope you get similar returns in your portfolio.
If btc goes to 100k i could go part time then and there. If it goes to 0 i still go part time sub 50.What percentage of your wealth is in BTC? In other words, are you ACTUALLY confident that that’s true.
What %?If btc goes to 100k i could go part time then and there. If it goes to 0 i still go part time sub 50.
What %?
Yes. If I was convinced it was going to double I would have a lot though. I’m not convinced it won’t go up, I just don’t think there’s any way to determine fair market value (other than zero).R u still 0?
That's almost as silly as the notion a few posts back that halving the daily input from 900 to 450 will significantly impact supply when 19.5 million are out there already, and the future total supply is constrained, 100% known in quantity, and 100% known when it'll come into being.I think the bitcoin halving means the price will be divided by 2 so be careful guys
That's almost as silly as the notion a few posts back that halving the daily input from 900 to 450 will significantly impact supply when 19.5 million are out there already, and the future total supply is constrained, 100% known in quantity, and 100% known when it'll come into being.
But sure, I suspect you're right and the event will drive prices up, because price movement in crypto is all about psychology, and this is an "event" that people will talk about.
Obviously I'm not a betting man, but if I was, I'd bet most people buying bitcoin ETF shares don't have the first clue what halving means.
Obviously you were making a joke, that's why the first words in my post were "that's almost as silly as" the non-joke serious post made in post 2454.
Obviously you were making a joke, that's why the first words in my post were "that's almost as silly as" the non-joke serious post made in post 2454.
I was acknowledging your joke and using it as a springboard to mock him.
My god.
You know what, I'll wade out of the smug here and leave you guys to it.
No.Did you even watch the YouTube video I posted.
I read and listen what you all have to say. You're just not very good at supporting the points you think you're making.Or do you prefer to not educate yourself on the topic
Yes. Arguing is what the internet is for.but instead come on here and argue
No.
I read and listen what you all have to say. You're just not very good at supporting the points you think you're making.
Yes. Arguing is what the internet is for.
Don't whine. Convince me.
Did you even watch the YouTube video I posted. Or do you prefer to not educate yourself on the topic but instead come on here and argue
Again -
Halving won't affect supply. The same number of bitcoin will exist prior to and after this event.
That's almost as silly as the notion a few posts back that halving the daily input from 900 to 450 will significantly impact supply when 19.5 million are out there already, and the future total supply is constrained, 100% known in quantity, and 100% known when it'll come into being.
But sure, I suspect you're right and the event will drive prices up, because price movement in crypto is all about psychology, and this is an "event" that people will talk about.
Obviously I'm not a betting man, but if I was, I'd bet most people buying bitcoin ETF shares don't have the first clue what halving means.
Halving does not appreciably affect supply, but because it's an event, more FOMO money will probably pour in.So just to confirm, since you keep moving the goalpost... does halving affect supply or no? Or does it affect supply, but not significantly?
And you are admitting that the halving will indeed drive the price up?
Yeah most of those ETF buyers probably don't understand it... but neither do you - yet here you are attempting to "debate" it
HehBro lol idk what to say to you if you refuse to watch the video. I’m not gonna type out 3 hours worth of education on the history of money and why bitcoin is so important. If you refuse to atleast putting your own effort in and watching the video I’m not gonna argue with you.
Yes. If I was convinced it was going to double I would have a lot though. I’m not convinced it won’t go up, I just don’t think there’s any way to determine fair market value (other than zero).
Honestly, if I wasn’t so invested in crypto, I’d load up on Tesla stock. I think it’s a great bargain right now.Just had a test drive on the newest fsd 12.3 at tesla. holy crap this is a quantum leap compared to all the other fsd's. That stock is about to have it's nvidia moment in 12 months ahead. called it here.
I can’t wait to lord over you when I become crypto royalty!!Halving does not appreciably affect supply, but because it's an event, more FOMO money will probably pour in.
That's about as simple as I can put it.
My argument is that you're wrong in attributing halving-associated price movement to supply when the only thing that may change is demand.
Honestly, if I wasn’t so invested in crypto, I’d load up on Tesla stock. I think it’s a great bargain right now.
I am shocked with this new version. It puts everything else to shame. Apparently, its improving at an alarming rate. That robotax is looking promising. the stock will double in the next 12-18 months. Would it be asking too much for both btc and tesla to double from current values in 12-18 mo..
Just had a test drive on the newest fsd 12.3 at tesla. holy crap this is a quantum leap compared to all the other fsd's. That stock is about to have it's nvidia moment in 12 months ahead. called it here.
Not to derail the bitcoin thread, but EV sales aren’t growing as fast as most had anticipated… but that won’t last. Imagine 10-ish years from now when the charging network is built out and (more) governments have mandated the phase out of ICE vehicles. It probably won’t match its 2019-2021 pump, but I could definitely see TSLA blasting off again at some point between now and then.It already had its NVDA moment from 2019-2021. IDK I've never been a fan of the company 🤷
Anyone who has questions about bitcoin should first watch this video
You guys can have good luck in storing your Bitcoin password all in your head. Until that is, someone discovers that you have it and kidnaps you, tortures you for the password, and you’re out your bitcoin store. Good luck going to your insurance company to get it back.
Heh, half the time when I read this thread I get the feeling you guys are equally interested in having people recognize your brilliance as you are in actually making money.I can’t wait to lord over you when I become crypto royalty!!
The official coin of pedos everywhere? 😂Puff Daddy fled the country. I wonder if he'll have to use BTC while he's hiding?
Has P Diddy fled the US? What we know
Law enforcement officers raided Diddy's homes on Monday, reportedly as part of an alleged sex trafficking investigation.www.newsweek.com
I assume this involves staking? Where would you do that?Is now a good time to yield farm? Would ETH/ARB be a good pair?
They got off the train such as myself.I assume this involves staking? Where would you do that?
Last bull market, weren’t a bunch of people chasing yield on voyager, Celsius, FTX, blockfi… what happened to those people? I can’t seem to remember? 🤔
I assume this involves staking? Where would you do that?
Last bull market, weren’t a bunch of people chasing yield on voyager, Celsius, FTX, blockfi… what happened to those people? I can’t seem to remember? 🤔
Aren't your coins on Robinhood? LoL.
I was looking at defi yield farming on Uniswap.
Yes and believe it or not, that was actually a strategic decision, both from a cost and risk standpoint.
So how much yield is Uniswap offering right now? And how much are you thinking about putting in?
never go all in into a single pool or even single defi platform. Were you around during defi summer 2020?I was going to try with one ETH and see how it goes. If it does well then maybe I'll throw it all in?
never go all in into a single pool or even single defi platform. Were you around during defi summer 2020?
Impressive run, looking like the DOGE of this bullrun.Wif flipped Pepe. It will soon flip shib
Impressive run, looking like the DOGE of this bullrun.
If fast charging stations were on every corner like gas stations, and you wouldn't need to plan a long route to avoid being stranded in the middle of the desert and searching for a tow truck, then yes, there would be more EVsNot to derail the bitcoin thread, but EV sales aren’t growing as fast as most had anticipated… but that won’t last. Imagine 10-ish years from now when the charging network is built out and (more) governments have mandated the phase out of ICE vehicles. It probably won’t match its 2019-2021 pump, but I could definitely see TSLA blasting off again at some point between now and then.
If fast charging stations were on every corner like gas stations, and you wouldn't need to plan a long route to avoid being stranded in the middle of the desert and searching for a tow truck, then yes, there would be more EVs
Hertz dumped most of their EVs because they cost too much to repair. I wonder if the huge increase in car insurance costs has to do with EVs. Even minor fender benders are considered total losses.