Halving Will Be 'Non-Event' for BTC Price: Morgan Creek Digital Exec | Crypto Craft

  • Halving Will Be 'Non-Event' for BTC Price: Morgan Creek Digital Exec

    From cointelegraph.com

    Bitcoin’s (BTC) 2020 block reward halving continues to generate mixed opinions regarding price performance, as one analyst suggests its impact will be next to nothing. In a tweet on Dec. 1, Jason Williams, co-founder at digital asset fund Morgan Creek Digital, said that unlike many others, he believed markets would not move as a result of the halving next May. Williams: BTC halving will be “non-event” “Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event,” he summarized. Bitcoin’s block reward halving will reduce the amount of BTC paid to miners for each block from 12.5 BTC ... (full story)

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TudorIoan
Dec 3, 2019 1:49am
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Scarcity alone doesn't add value!
Context matters. Greed and idiocy matters. Market matters...
But they already reached their critical mass of speculators and the naive believers as victims.
The crypto baloon is already hissing ...hisssssss! Going down, firework show passed its climax.

Tiger doo for instance, is extremely rare (scarce) in relation with dog doo.
But a shit is just a shit. Scarcity alone doesn't weight much
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TudorIoan
Dec 3, 2019 3:34am
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Quoting TMR
It's a possibility. I'd rather have skin in the game than sit on the sideline.
That's the spirit!
That's the spirit ...that's why 95% pikers lose money!
Jump in, head first! You don't need the "why"! The game it's everything!
Good luck! ...

PS: Are you with the brokers, TMR? ...just asking
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TMR
Dec 3, 2019 3:08am
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It's a possibility. I'd rather have skin in the game than sit on the sideline.
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