Re: Halving guide for noobs: Why it's not possible for halving to be priced in now
I'm obviously not going to be able to persuade you from your viewpoint, and I'm okay with that.
You would need to read the entire thread for why I claim the altcoin IOTA is a permissioned ledger extortion scheme (as well as PoS coins) to really understand what constitutes a decentralized currency and what the purpose of mining actually is.
IOTA - Permissioned ledger Russian extortion scheme
https://bitcointalk.org/index.php?topic=1414866.0
Also, who else called the Bitcoin rise almost perfectly? (went all in a couple days before at $230)
In the past four years, there's probably never been a safer time to hold Bitcoin than now.
Who else called the Bitcoin dump from $475 almost perfectly in terms of support levels and where it would go? (with the exception of it went in a faster timeline due to Mike Hearn R3 propaganda). The market then reversed the Mike Hearn propaganda and went back to it's real support level of 410.
I don't see it going to $350 under any circumstance. If the rally is over, which it might be for a while according to macro wedge breaking trend, then it would find strong support around $410 still. If there's a dump, that's where it will go. If a second dump occurred days/a week later after that, it would find big resistance again at 390's. Worst case scenario would be $360, but would probably require a long time to get there, and by the time it did, would be time to go up again for getting closer to halving.
