How is the BitCion Halving working out for everyone ?
Remember all the predictions of BitCoin Skyrocketing in price due to the halving ?? It NEVER HAPPENED.
Cult like " Believers " will never look at broken promises, and failure to perform. But serious INVESTORS look at things like this, and the failure of the halving to make the price of BitCoin go up will be very much noticed.. For those that thought institutional and other serious money would invest in BitCoin, it is not going to happen. Just another nail in the coffin of the false promise of BitCoin going to the moon.
PETER SCHIFF was right again... The halving was already priced into the market !
Hard Facts
This isnt always the case and you cant make any conclusion that this was a failure.Do you really expect that this is already the price on which the halving effect do have?
In most scenario it wont really target out shorter time frame but rather this do talks about long term ones.People might really be over-exagerrating things too much but
we should accept that its too early to make judgements just because people didnt able to meet their expectations on halving even on onpoint basis? thats a wrong mindset actually.