Post
Topic
Board Speculation
Re: Analysis never ends
by
dEBRUYNE
on 26/08/2015, 14:12:57 UTC

I call this "The Halving Fallacy"!

Halving has no immediate influence on price. Markets aren't stupid - they price in things ahead. Like they are pricing in a possible hard fork in 2016 -NOW!

yep, as nov 2012 shown there was no any immediate market reaction. absolutely no one cared as far as i remember. But price bubbled few months earlier from 6 to 16.

Personally I think the market reaction will happen months (if not earlier) before the halving, this happened in 2012 and also happened at the current LTC halving (although some of it was just blatant pumping). It's a bit like buy the rumour, sell the news only slightly different :-P