Quote from: odolvlobo on Today at 08:56:35 AM

Miner selling pressure today is still selling pressure tomorrow (but not by miners) because bitcoins sold by miners today are available to sell by someone else tomorrow. So, in other words, the total selling pressure is always increasing. The halving may reduce the selling pressure by miners but it does nothing to reduce the continuously increasing total selling pressure.

Well, true. I was specifically talking about decreased selling pressure from miners in the first place so I agree. My point was just that there's going to be decreased selling pressure from miners; to what extent? We don't know.

Quote from: odolvlobo on Today at 08:56:35 AM

Now, in the end, if you want to say the the halving causes the price to rise, you must also include a caveat that you assume that demand is always increasing faster than the supply. The problem with that assumption is that it isn't. In fact, since the supply is predetermined, it is really the demand that affects the price, and not so much the supply.

And I agree. I'm pretty sure I made that clear in my statement that price increase due to the halving was never guaranteed:

Quote from: mk4 on March 31, 2020, 12:15:36 PM

While prices are NEVER guaranteed to increase(because it's still completely depends on supply and demand regardless of supply distribution), this is the reason why a lot of people are assuming that the mining difficulty approximately a month and a half from now is going to pump bitcoin's price