Post
Topic
Board Altcoin Discussion
Re: Best way to take advantage of any market situation
by
X-ray
on 13/05/2020, 07:28:51 UTC
Halving events are poorly correlated to Bitcoin bull markets. Expecting a reduction from 1600 coins a day to 800 coins a day to have an impact on a market of 18,000,000 coins is a bit nonsensical. The only thing about it that had any effect was the hype.
Why? bitcoin was recovering from its big dump last months and you call that if the halving is poorly correlated with the bullmarket. that doesn't make sense for me to hear that consider about bitcoin is strongly correlated with the halving and the halving is about to decrease the bitcoin's inflation.