My excitement with this was dealt a huge blow with this recent price drop. We were in a good place before Mike Hearn decided to crash the party. Now all those dumped coins needs to be absorbed and the price brought to it's previous levels, before we will see a big impact during the Halving.
The upside to this is all the cheaper coins that are on offer before the Halving. A lot of people can now buy cheaper coins, which they would not have had the opportunity to do, if this did not happen. So it has a positive and a negative side to the story.
I think this is just temporary, the price will rise again for sure. Plus the block size debate will more a bit quicker now. The upside to this is all the cheaper coins that are on offer before the Halving. A lot of people can now buy cheaper coins, which they would not have had the opportunity to do, if this did not happen. So it has a positive and a negative side to the story.
I will be ordering pizza for the block halving
Hear, hear! I was thinking the same thing about ordering pizza in celebration of the halving. Hopefully it doesn't cost us 10,000 BTC each.
I will be just observing how the price is increasing continuously. Before I haven't experienced watching it. If I get profit or earning than what I actually expected
will go for a long drive. The party for halving might be at the top of the hills.
I'm a little unsecure about this increase in price. It seems to me that if people were really believing it would rise after the halving, price would be already starting to reflect that... don't you think?