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BITCOIN Discussion..........

JDS

JDS

Joined
Dec 11, 2021
Messages
55,069
You can’t be serious.

Have you ever seen the charts marking the halving moments?
90% he’s sarcastic only 10% serious never forget that.
 

rolandcorts

rolandcorts

Joined
Feb 10, 2022
Messages
1,300
Sometimes correlation = causation. Sometimes it doesn't.
Cutting the supply of a commodity in half and that commodity increasing in value in the short term is pretty straightforward.
Then why wouldn't people buy BTC one day before each halving? And if people are going to buy it one day before, why not front run them and buy it 2 days before? This is all known to everyone, there is no sudden news of a random halving. Ace you're better than this.

PS: The cubs won yesterday!!
 
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Ace7550

Ace7550

Joined
Oct 19, 2021
Messages
2,558
Then why wouldn't people buy BTC one day before each halving? And if people are going to buy it one day before, why not front run them and buy it 2 days before? This is all known to everyone, there is no sudden news of a random halving. Ace you're better than this.

PS: The cubs won yesterday!!
I'm just relating the pattern that the historical charts show.
I don't know why many people do what they do.
 

Ace7550

Ace7550

Joined
Oct 19, 2021
Messages
2,558
So you sold 2 years after each halving? And plan to do so in about a year too?
I've done this over two cycles. This cycle I bought at what I thought was the low. I got in for an average of 23.5k at the beginning of 2023.
I plan to sell this Summer or Fall. Target price is 132k. I may wimp out and sell at a slightly lower price. We'll see.
 
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Tanko

Tanko

Joined
Oct 27, 2021
Messages
55,219
So BTC was slightly disconnected from the market during the initial drop last week. It did not drop as much as stocks. But, as everyone can see its taking a hit last night along with stocks.

I expected them to be tied together since BTC investing became a Wall Street thing. I don't think investor view it as a safe haven "as much" as they did in the past like gold is considered.
 
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