>watching you cope with the halvening being a bust is going to be a hilarious
>>1231099
Wyatt King
Joseph Brooks
what is that?
Thomas Hall
ready for what ?
it's over 3 month away lol
Hunter Lee
Its priced in m9
Jeremiah Hill
No, I'm not ready. Halving is already priced in the current price.
Sebastian Bennett
i think it will go up some then drop after the halvening when retards realize it's a bust.
Julian Bennett
Theres no way it can be priced in right now. The effects will only start to show weeks/months after the halvening happens. I'm not expecting much though.
Henry Scott
>The effects will only start to show weeks/months after the halvening happens.
only thing that will happen is mining gets restructured as some miners drop out because they are no longer floating and maybe we see a temporary drop in hashrates and some miners will have even bigger market shares.
now that would be interesting if a mining group could take more than 50%, that would really fuck bitcoin up.
other than that the price won't change from the halvening they are unrelated. price is governed by demand and hysterics. ie any crisis in the world monetary system be local or global will immediately affect the prices.
Justin Nguyen
nocoiner cope screencaped
Gabriel Martin
what are its effects exactly?
Ryder Murphy
in theory bitcoin gets more "scarce" but bitcoin is pretty abundant as it is. and the price is 99% influenced by demand and only 1% by scarcity.
demand changes by how people see bitcoin do they think it is safe or too risky compared to their own currency.
also see:
Daniel Allen
Buy ethereum
William Rodriguez
Bitcuck cope
Evan Rogers
cope
Benjamin Brown
arguments where?
Isaiah Diaz
Cope like the pope.
Ryan Phillips
hey anons...
i traced back transactions to hashoceans ledger account (or one of them)
blockchain.info
so is it a ponzi or they are legit mining? i don't see any firsthand evidence of being part of a mining pool, but it could be hidden in there.
any idea how to proceed? i want to map their cashflow or something but i'm very amateurish about it.
Caleb Hall
i found this backtracking the money flow, now this looks like a mining address alright, but i don't trust my instincts and there is no way to tell for sure it's theirs.
Andrew Green
nope it just leads into a huge obfuscating mess of 25 and 49 bitcoins being transacted left and right in circles between addresses all starting with 3.
i guess it's how they try to make it impossible to figure out where money comes into their jumbled mesh.
Eli Hernandez
I don't get it.
Will it be a sudden change where one block before it's 100 and the next block is 50?
Or will it be just a specific point in a slow descent where it will touch 50, then go on to 49.99999, etc?
Tyler Garcia
Naw. Miners get BTFO immediately. No slow descent.
David Barnes
So it's the first of my examples?
What happened the first time? Did the value change dramatically in a few days or Bitcoins were too unknown for it to make a big difference?
Xavier Young
why would it only the reward changes for miners nothing else.
some miners that have little market share might not be able to turn profit but as they fell out other miners have bigger market shares.
Levi Green
The value didnt change at all.
Andrew Watson
Oh I see...
Sorry for the dumb questions, I don't know anything about Bitcoin.
I apologise.
Joshua Lewis
also understand this miners have absolutely no control over the market price they mine too little amount to what's amassed and in circulation.
so even if they tried to sell the mined coins for more money they can't.
if enough morons can be goaded into buying bitcoin till the halvening the price will go up with demand but when everyone thinks it will shoot to the skies and they can finally sell it will start to drop triggering mass sales from every speculator. price will go down in a week.
Leo Flores
>if enough morons can be goaded into buying bitcoin till the halvening the price will go up with demand
Is this assuming people will demand it ore because the halvening will make it look scarcer?
Owen Parker
yeah if you don't understand what happens it's possible you can be deceived into thinking it will change the availability. this believe if results in buying some it will drive the price up. simple as that.
Parker Turner
I see, Thank you very much user
Kevin Murphy
and also understand that bagholders from the previous bubble and people who bought not so long ago under 400 are the two types of biggest shills. they want you to buy bitcoins because it drives the price up and makes them break even or turn profit as they get the hell out of bitcoin and leave you holding your bag.
that is why shills are disgusting. they push their selfish agenda and want you to lose.
Angel Lopez
Yeah, that's basically what it looked like when someone suggested Bitcoins (or any altcoin) after the famous bubble kek.
Cooper Jackson
Dump btc buy ETH
Jackson Mitchell
one thing can happen after the halvening.
recommended transaction fees go up as transaction fees will take a greater percent of miners earnings they will prioritize transactions with high fees more aggressively.
people realize it gets more and more expensive to transact bitcoin basically there is a tax on it when you spend it so some might try to gtfo while it still up.
not sure if it will have a dramatic effect fast or more prolonged decrease of interest.
Luis Evans
Well we can only see with time then...