Quote from: dooglus on April 08, 2016, 06:26:29 PM

Quote from: r0ach on April 07, 2016, 10:49:39 PM

Quote from: dooglus on April 07, 2016, 10:35:39 PM

If the price is guaranteed to rise significantly after the halving, why aren't you buying as many coins as you can now so you can make a guaranteed profit when the price rises? Why wouldn't the smart money buy up all the cheap coins now, up to the post-halving price, and therefore pricing in the halving jump in advance?

I put it to you that this has already happened.

Because small traders are agile traders that have advantages in markets. If someone is a billionaire, they're not going to go all in on Bitcoin because...they aren't going to go all in on anything no matter how good it sounds. You have some rare exceptions like Soros, but he's an insider trading financial terrorist benefiting from government connections and should be in jail.

I am trying to understand why you think that is it impossible that the halving is already priced in.

I am not suggesting that billionaires should "go all in" or that Soros is in any way involved.

I am suggesting that since the halving and corresponding reduced supply are already known, they have already influenced the market.

How do you counter that argument?

There is no counter argument lol.

Case closed. If a person needs a long block of wall text to explain the supportive argument or debate, they just dont understand it enough is how I usually go with people.

I deal with people all the time, if a person can explain in a few 3-4 simple sentences, I just move on.