What the fuck

Gigastrength
Gigastrength

What the fuck. The Bitcoin halving had zero effect on price. Zilch. None. Shouldn't it logically be twice the price right now?

RavySnake
RavySnake

@Gigastrength
No effect is good, means it's not overvalued :^)
But it will go up in value.

Stupidasole
Stupidasole

@Gigastrength
It will make a slow steady climb as less bitcoins are mined. The effect happens over time, not all at once.

Spazyfool
Spazyfool

@Gigastrength

It means its undervalued right now.

Doesn't mean it'll jump in price right away.

Fried_Sushi
Fried_Sushi

@RavySnake
This

It really means that's it's starting to become less volatile.

Btc will get to 1k on its own through natural causes, innovation and adoption.

girlDog
girlDog

@Gigastrength
It did have an effect. The price went up in the months before the halving. If everyone knows when it's coming, then there's no reason for the price to suddenly change when it happens--it's priced in before that.

Nude_Bikergirl
Nude_Bikergirl

@girlDog
Only right answer so far.

Garbage Can Lid
Garbage Can Lid

@Gigastrength
Try /r9gay/

cum2soon
cum2soon

There is no logic behind btc anymore the Feds can track it very easily hince how they arrested that guy running Silk Road

Inmate
Inmate

@Gigastrength
other than the fact that it rose from $400 to $750 within a few weeks.

Have you ever heard of buy the rumor, sell the news? Fuck off dumbass OP and every other stupid fuck that didn't reply with this.
@Gigastrength
@RavySnake
@Stupidasole
@Spazyfool
@Fried_Sushi
@Garbage Can Lid
@cum2soon
meaning all of you mentally challenged shit heads.

god you fucking morons.

AwesomeTucker
AwesomeTucker

The halving was priced into the current price level months in advance, secondly new coins only make up a tiny percentage of the total bitcoin lot, like 4-5%

The wattage cost is only low enough to mine in China and even then with all the farming factories they barely make a dent into the supply of bitcoin, if you didn't already know this and you've invested in bitcoin then you're a moron and you'll loose all your money some day, if its not here it'l be somewhere else.

This is coming from someone who doesn't even own bitcoin, you're all fucking morons.

happy_sad
happy_sad

@girlDog

This. People knew the halving was coming months in advance, it was already priced in.

JunkTop
JunkTop

@AwesomeTucker
@happy_sad
Le priced in meme

That's cute, is that how you cope with not owning bitcoins or being dumb enough to buy into some scammy altcoin?

The halving was fucking six days ago, you were probably the retards saying price was going to crash after halving

It takes time for the reduced supply to have an effect on the price fuckos

Raving_Cute
Raving_Cute

@JunkTop
This. Halving was already priced in.

Booteefool
Booteefool

@JunkTop
Pretty much this. Halving was priced in months ago.

Boy_vs_Girl
Boy_vs_Girl

@Gigastrength
it didnt have an impact on the price last time either

PurpleCharger
PurpleCharger

@cum2soon
So not true.
I am not even a btc shill.

SomethingNew
SomethingNew

@Gigastrength
The Bitcoin halving had zero effect on price.
that's what i and many other have been telling you for months you retard.

5mileys
5mileys

@Raving_Cute
it wasn't halving doesn't affect the price at all no coin showed any relevance so far. and there is no reason to.

bitcoin price is moved by demand. demand increases when people want to save their wealth from ruin and run with it.

takes2long
takes2long

@JunkTop
reduced supply
there is no reduced supply

Spazyfool
Spazyfool

@Gigastrength
It rose before the halving

Need_TLC
Need_TLC

@JunkTop

No....?

I don't own any meme coins.
They're profitable but too volatile for me.

Couple grand off of six figured parked in 4 indexes enjoying my 5% a year, not to say I couldn't do better but I could be doing much worse.

FastChef
FastChef

@Gigastrength
the run up in price prior to the halving WAS the increase in price. when traders know a news even will take place they act on that news before it actually happens, aka "pricing it in". traders knew with 100% certainty that bitcoins would be halved so why wait until that moment for the price to increase?

BunnyJinx
BunnyJinx

@FastChef
but that's just wrong.
bitcoin halving does not change demand or supply so it has no effect on the price.

Nude_Bikergirl
Nude_Bikergirl

@JunkTop
This doesn't make any sense.
Gold is impossible to counterfiet (If something is disguised as gold, but doesn't have a lower density, then it is something more valuable such as osmium or iridium).
Gold is decentralised and being something natural is thus impossible to centralise, although shares in a gold reserve are traded sometimes to save the trouble of transporting the gold.

Cryptocurrency is less durable than the US dollar as it is impractical to use (you get paid and pay for things with government issued currency) and if the price falls significantly due to people calling it a gimmick for that reason, people could potentially drop the price to nothing in a chain reaction panic sale.

Also, the question of P = NP has only been in the spotlight for a length of time that in comparison to all these currencies, is only the blink of an eye. If the question is answered with the result that encryption methods no longer have to be brute forced, then Bitcoin value drops instantly to zero since anyone can create an infinite amount.

Sir_Gallonhead
Sir_Gallonhead

Err.. price has been going up since january 2015. Uptrend still solid.

viagrandad
viagrandad

The halving was already priced into BTC months ago. There's no logical reason that people would run to buy it AFTER it had already halved if they already knew beforehand.

w8t4u
w8t4u

@Gigastrength
Free crypto coins here /biz/thread/1384455#p1384455

Spazyfool
Spazyfool

B U I L T I N
U
I
L
T
I
N

DeathDog
DeathDog

@Nude_Bikergirl
Gold is impossible to counterfiet
that's sadly not true
@viagrandad
why do people keep perpetuating this bullshit?

FastChef
FastChef

@Spazyfool
P R I C E D I N
R
I
C
E
D

I
N

JunkTop
JunkTop

@Gigastrength

I told you nothing happens on halves

now buy monero

Firespawn
Firespawn

@Inmate

Very well articulated. I sure look forward to reading more of your posts.

BlogWobbles
BlogWobbles

@BunnyJinx
it does change the supply.

farquit
farquit

@Inmate
yeah because that wasnt caused by brexit right?

dumbass

Firespawn
Firespawn

@farquit
brexit caused nothing, people are just using it as a scapegoat for the economy collapsing.

Spamalot
Spamalot

@JunkTop
thank you
half these retard on here said it would crash
get fucked all of you

SomethingNew
SomethingNew

@Spamalot
The other half of you retards said it would go up. Get fucked.

5mileys
5mileys

@SomethingNew
I still think it will go up

just its going to take months

takes2long
takes2long

@Gigastrength

What the fuck, Easter had no effect on Cadbury stock

CAUSE EVERYONE ALREADY KNOWS ABOUT IT AND IT'S PRICED IN

King_Martha
King_Martha

So is boat officially missed forever on buttcoin or general crypto?
Been a too poor in the past and now that I have the spare cash it seems I've missed the boat.

Playboyize
Playboyize

I will not hesitate to make fun of "priced in" fags in a couple months when price surpasses $1000

There's no mods here, I'll mock you faggots until you break down in tears irl

Never mind the fact all the bitcoins I've bought were sub $400

The price doubled in the past couple months, nocoiners and altcoiners are on damage control

Emberburn
Emberburn

@Nude_Bikergirl
P=NP has been discussed for far longer than crypto. People are pessimistic about it and believe it is false, but no proof exists yet. That's all.

SniperGod
SniperGod

@Emberburn
By crypto, I meant crypto currencies.

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