Why did the halving fail this time?
Why did the halving fail this time?
Ian Bell
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Matthew Stewart
thanks for the reminder btc is bound to moon
kek
Sebastian White
But the halfening didn't fail what the halfening did was reduce the supply of newly minted BTC by half.
Camden Miller
Because you touch yourself at night and can’t count to 18 months
Brody Ward
because we would need 1.5 trillion dollars entering the market in the next couple of years
Eli Rogers
how many trillions did they just print a few months ago, I forgot already
John Hall
I highly doubt that btc will hit 100k EOY but seriously OP look at the previous fucking halving and tell me how this current one has "failed" this soon
Cooper Rodriguez
because there's already a shit ton of BTC circulating around. miners getting fewer BTC per block just isn't significant anymore.
Connor Morris
you'll see the consequences of that very soon, my fren
Levi Sanders
who said it failed?
Levi Wood
looks good right on track to be honest
i certainly expected worse
Dylan Torres
you know that faggot moved the chart to the right after it didn't pan out right?
Ryder Ross
so did he generate a mathematical regression from data points or is just a best fit model? cuz it looks like a best fit model.
Tyler Sullivan
It was already in an upward trajectory last time. Now its just going sideways and will probably collapse. Its been a huge disappointment and now miners are going to quit.
Henry Thomas
why would he put the upward trajectory as happening immediately after (or even before) the halving? what a retard. no wonder he doesn't show his face
Adrian Mitchell
Nathaniel Howard
Because the reward is literally cut in half over night which means half the selling pressure. The fact that its not even having an impact proves that its a complete failure.
Evan Turner
that's not what happened in 2016 so I don't know why anyone would think it would happen this time
Camden Flores
doesn't really matter where you put the lines it1S pretty arbitrary the only rule is it has to be between two halvings.
Josiah Thomas
Because BTC is now an index of the US markets.
Lincoln Allen
not this fucking guy again
Asher Barnes
there is no correlation between stocks and bitcoin
the correlation is between investor risk appetite
Joshua Thompson
Halving didn't have the price effect this time because miners are no longer dumping hardware after each event; ASICs are as good as they're going to get. No hardware dump = no miner capitulation = no supply shock.
Ryder Perez
if you look at the dots it's right on track nothing unusual happened just more bullish than the last halving if slightly.
Elijah Nelson
>halving fail
it didn't
the inflation halved
that's it
Xavier Jackson
And that should mean the price is going up because there is less supply. It has proven that there just isn't any real demand for bitcoin.
Hudson Davis
You're literally and unironically fucking dumb.
Gavin Clark
No it did not glownigger
Colton Thompson
Mass exodus out of BTC into gold and silver mining stocks coming soon.
youtube.com
Then what little market-cap of BTC remains, goes to zero when we return to a gold standard. BTC-investors about to get wiped out. Coin is a worthless ponzi with no use-case even if you do believe in crypto. Get out, and get out fast.
Liam Lee
Miners are bullish
Carter Harris
They are mining out of desperation. Soon they are all going to capitulate and throw in the towel.
Nathan Sanchez
>they are spending billions more every year on rnd, land, electricity and equipment out of desperation!
>they will throw away the billions they invested and haven’t recouped on soon
Is being a bitcoin bear a mental deficiency?