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RE: BTC - I don't think the Block Reward Halving is priced in...

in #bitcoin • 6 years ago

Read a while back someone speculating that the parabolic run up this last year WAS the run up to halving. Not certain I believe that but that notion does stay in the back of my mind.

Gee, if the BTC halving is as good to us all as the LTC halving was, we will all be in Lambos by July 4 (he growled while rolling his eyes way up in his head)

6 years ago in #bitcoin by
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         6 years ago 

        Yea, I have read the same multiple times. I don't think it is due to the basic supple/demand economics I alluded to in the post. Miners are the largest sellers of bitcoin historically (though in general they have been hodling as of late), with them selling less, and demand staying somewhat constant, prices go up.

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