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    Author Topic: Less than 1 Year for Block Halving  (Read 355 times)
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    May 21, 2019, 09:50:16 AM
     #21

    That being said, I wonder if institutional players see the halving as a major factor in entry. Halvings haven't had much immediate effects historically, so it has always been possible that they weren't the biggest catalysts to the bull runs afterwards.

    It doesn't matter who we are talking about, everythinig that cuts in the rate of inflation by 50% is a big deal. Bitcoin was already hard obtain in large quantities (especially during bull cycles where people don't let go of their coins), but now less of it is flowing into the market, which means that more people have to compete for an even smaller pool of freshly minted coins.

    The block halving will be calculated in before it actually takes place because of how smart money is front running the event. Whatever happens after the block halving is largely the result of more demand due to the hype because of how the price has gone up prior to the block halving. Retail money ignores what's going down or remains stagnant, but loves to jump in when the price has shown green for a longer period of time.
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