Bitcoin Halving Can Have Negative Short-Term Effect on BTC Price — Here’s Why

Bitcoin Halving Can Have Negative Short-Term Effect on BTC Price — Here’s Why

From cointelegraph.com

The price of Bitcoin (BTC) has dropped right before and after the two previous block-reward halving events in 2012 and 2016. BTC is demonstrating a similar trend approaching the May 2020 halving. A theory has emerged that miners tend to sell before the halving to accumulate enough Bitcoin to finance their operations for many months after the halving occurs, allowing them to hold onto the majority of Bitcoin they mine. Theoretically, such a practice would be beneficial for miners because the break-even price of Bitcoin mining spikes significantly when a block-reward halving occurs. According to James Todaro, head of ... (full story)

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Mar 4, 2020 12:50pm

Halving it's a monkey business. It doesnt add real value. Bitcoin is trash anyway, no intrinsic value. More and more worthless blocks sold to stups for their real dollars

Let them wallow in their own shit pool chanting about the new global order

Not-KPMG

Mar 4, 2020 1:15pm

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Been reminded ofLIARS everywhere😱 😱
JPMorganChaseBuys9000+Bitcoinsafter Jamie .....

https://steemit.com/bitcoin/@libertyranger/wtf-jp-morgan-chase-buys-9000-bitcoins-after-jamie-dimon-threatens-to-fire-any-employee-that-owns-it

Looks likeLucifer's son, 😨 JamieDimon👎🙉 has created a dramatic plunge inthe price ofBitcoinjust so he could take advantage 😱 of the sell off andbuyit up.💰💰😱 Last Week,..

Noooo. Did liars lie about Bitcoin then BUY IT ??? 👍
Ohhhhh noooooo 😂😂😂

Not-KPMG

Mar 4, 2020 1:49pm

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Ohh the fun
Old times. Read , laugh at educated crybabies morons!

“Why bitcoin will fail” – Apenwarr | $3.12 Yes 3 bucks

https://99bitcoins.com/why-bitcoin-will-fail/

Like the gold standard, a successful bitcoin would send our economy back into the dark ages. . .

https://99bitcoins.com/wp-content/uploads/2010/12/bitcoin-obituary-351x185.png

“Why Bitcoin can’t be a currency” – The Underground Economist | $0.23

Yes bitcoin was under 1 dollar

https://99bitcoins.com/why-bitcoin-cant-be-a-currency/

TudorIoan

Mar 5, 2020 12:28am

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Quoting Not-KPMG

Disliked

After EACH Bitcoin shitty halving....people get smart and dump bitcoin trash ! Stupid crypto dumbo thread: https://www.cryptocraft.com/showthre...0#post12769170 It's Never too late to fuck up ! ...there, fix it

Ignored

After each bitcoin halving people get smart and dump bitcoin trash !
The bitcoin holders:
- Stupid uneducated anarchists who know nothing about institutions
- Crypto obsessed dumboz who know nothing about value, money, economy
- Fools who confuse investing with gambling

Oooohohoho!......

Attached Image

Not-KPMG

Mar 4, 2020 1:17pm

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Chart liars 😱😨😨

After EACH Bitcoin halving....people get smart. 😨😨😭🚀 💰💰

https://www.cryptocraft.com/showthread.php?p=12769170#post12769170

It's Never too late 👍👏👏🐢

TudorIoan

Mar 4, 2020 1:29pm

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Bitcoin doesnt have any intrinsic value !
Bitcoin doesnt have any intrinsic value !
00000h, sorry, the crypto big mouth NK is too stupid to understand value