The halving is priced in or we will see a huge pump? How many percent are your bets?
My bet is nothing much happens. There's a whole lot of noise taking up attention elsewhere.
I'll be VERY surprised if we'll have this stable market all the way up to the halving in supply. I mean how accurate do you think they price these things in?
Based on your sig, If Bitcoin is not allowed to grow, won't price decline? I mean it seems impossible to have price appreciation without growth. There is no way to stop growth that won't also stop appreciation.
"And it leads to an obvious but crazy conclusion: if decentralisation is what makes Bitcoin good, and growth threatens decentralisation, then Bitcoin should not be allowed to grow." -Mike Hearn
Yes, yes, and again yes. Until better solution is found, growth should not be achieved simply at the cost of centralization!
Quote is from Hearn's rage quit. By growth he's talking about giving free access to something that is limited in supply by design. Think it's obvious that it won't work. Make a block 80MB and if it's free (or almost free) to fill up someone will. Utilization can continue to grow even if it costs few cents extra for a space in a block.