Post
Topic
Board Speculation
Merits 3 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
LFC_Bitcoin
on 08/06/2019, 17:46:28 UTC
⭐ Merited by JayJuanGee (1) ,Last of the V8s (1) ,El duderino_ (1)
A lot of people buy solely because they think the halving is some type of guaranteed pump and dump profit.  As seen with some of Litecoin's moves in the past, if the halving generates no return because everyone already bought beforehand, you can then wind up with epic implosions when everyone is on the same side of the trade.  The halving then turns into dump fest instead of profit.

People think this because it’s exactly what happened so far. I don’t think it’s naive to expect history to repeat itself, r0ach.

I don’t see what’s controversial or understand what annoys you about people expecting this to happen again post 2020 halving.

With diminished supply comes higher prices due to demand. You know yourself it’ll happen again & many of us will become very wealthy during the next cycle. You’ve been aware of bitcoin for many years, even if you believe what you constantly tell us, you like making money, yes?

Do yourself a favour and buy back in, if you’re so clued up & so intelligent you’ll know when to buy & when to sell?
I don’t see any point in your presence here unless you’re trying to make money & or have a big interest in bitcoin. You’re wasting your life on something you hate, it all seems very pointless to me buddy.