I am watching DOGE right now and I must say that when some more hype comes in(block reward halving is one of the reasons but maybe even before that), DOGE is going to go very high:it seems like all of the sell walls under 40 are "fake" as there are walls every couple of satoshis and nothing in between. DOGE will definitely skyrocket to at least 45 when the rocket launches and I think I might even stack up on some more DOGE at the cheap price;)
I really enjoy how people claim to have a crystal ball..
The reward will halve and doge will go up...
And the base is that miners will stop dumping..
But why are miners dumping right now if everybody knows that doge will go up ?
Somebody call the mythbusters
Also , the only fact:
Bitcoin last halving , price ? Unchanged!
I am 100% sure that btc price now is also affected by the reward and its halving and although it might not be seen right away, if you do some math, the price definitely was and is affected. Once the reward halves DOGE might not necessarily go up right away but people will stop mining and there will be no more dumpers that just mine the most profitable coin at the time and sell it off for mining profits without any risks or any confidence and belief in the coin. Miners do not know DOGE will go up and nor do they care because their miner could ROI faster if they just mine the most profitable coin, who cares what its potential is when you could take your money right away and still win? Think about it! I am not saying buy DOGE because it will go up because I don't know if it will and nor does anybody else but these simple "facts" could cheer some bag holders up and maybe profit those who decide to get some coins. Sorry if this was not clear, but I DO NOT TAKE ANY RESPONSIBILITY FOR ANY LOSSES OR GAINS BASED OFF OF MY "PREDICTIONS"