Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform.
by
electronicash
on 31/05/2016, 09:14:50 UTC
Don't you guys think people will just dump the WAVES once they are available for trading this june 14th because these users are going to move to bitcoin which they've been wanting to gain profit thru halving?

if waves can wait til halving is over, maybe its a good time to release it. but for now sasha and the rest of the waves team can simply develop the rest on the roadmap.
I like your post but let me tell you my understanding of the BTC price skyrocketing . It has very little to do with BTC halving and a lot to do with Chinese Yuan. China's economy is down, so it's government keeps bringing the Yuan value down to attract outside investors ( which is a brilliant idea), meantime Chinese seeing their money getting down everyday so decided to buy BTC ( which gives them a leverage on USD) . That's the best way for Chinese to preserve their wealth and change it to USD .

okay so while its true. people are still expecting the rise of bitcoin during halving. and in a user's mind, once they move their waves into bitcoin, its value will double quicker.

thus dumping of waves will be very possible during this release because they will move to BTC to expect 100% return for the halving. so they indeed hit two birds in one stone.