Topic: The halvening is now officially fueling up (Read 1375 times)

Mocking or serious bro ?

this time it´s different^TM

I can't exactly agree just yet because the little bump on teh price isn't really enough to be considered as the "hype of the halving". The price isn't really that much above the stable line of $450 so I really can not say just yet that it is official.

His dead friend is Satoshi and he wanted to earn some credits for it. It is a lame piece of shit doing that over the dead back of your friend.

A conspiracy theory:

What if Craig Wright has launched this hype intentionally to drive attention to Bitcoin? Even if he's probably not Satoshi, I think that he would benefit from a price increase because he surely should have some large stack of old coins. Perhaps he has created all this drama intentionally to bring the name Bitcoin back to the media. So the hype around the "halving" can get the necessary traction.

Even if this theory is total bullshit, I think too we're going up, and 500 soon should fall (maybe not next week, but still in May).

Let's consider the often repeated scenario of a "whale" buying or selling a large quantity of bitcoins in order to start a trend and then profit from the trend.

TL;DR: It is not realistic. It rarely, if ever, happens -- at least not on purpose.

First, in order to buy (or sell) a large quantity, the whale must accept a price that is significantly higher (or lower) than the current price. If the price does not stabilize at the new level, then the whale loses a lot of money. There is a huge risk to just break even and the typical result is the price returning the original level.

Consider the "flash crash" in the stock market a few years ago. In this case, a trader accidentally sold a huge quantity of stocks or derivatives. The price fell dramatically and the trader got a much lower price for the assets. Then, the price immediately recovered and the trader lost a huge amount of money. Note that these dumps are never on purpose. No trader would do this intentionally because the expected result is a huge loss.

Consider what happened on the Gemini Exchange last year. A trader accidentally bought a huge amount of bitcoins and the price on the exchange spiked up to $2200. The price did not stay at $2200. It immediately dropped back to the normal price and the trader would have lost most of their money if the exchange didn't roll back the trade.

Consider the Hunt brothers in the 1980s. They tried to corner the silver market by buying up all the silver. They hoped they could sell at a new higher price. They failed and lost everything.

Second, in order for whale to profit, they must unwind the trade. That is, if they bought a huge number of bitcoins, they must then sell them. If the price rose when they bought them, then it will fall when they sell them. The trader loses in both directions.

A rational trader will not attempt such a folly because the expected result is a loss.

Also, note that what I have described here is not how a "pump and dump" works. Look up "pump and dump" here: http://www.investopedia.com/terms/p/pumpanddump.asp

Things being priced in is a misnomer. It can be true for a snapshot in time but markets are dynamic and all it takes as we approach the Halving is for a whale to make a big buy and suddenly trigger a bullish run the entire community has been waiting for.

We are hovering around the 460s so far.
And as we have seen the market just overreacted to the Craig Wright story.But this got corrected again a few days later.
So as a conclusion we can say that nothing really seriously bad happened.

The price is staying at the same level as the last week so it is not increasing as you hope, especially today the price dropped a bit comparing with few days before but in general it is not bad, the halving is near so everything can happen.

Interest in google searches has increased a lot worlwide in the later days, thanks to the Craig W being Satoshi news:



This, coupled with the advances in scaling bitcoin and all the cool BIP and new features being added, + the underlying psychological hype of the halvening = moon time.

that website s pure gold, funny how someone took the time to make that

get ready for launch

choo choo!

oh wait, rockets dont make those sounds

Let them inflame the price up. Thanks HYIPs also increasing your interest and price Bitcoins. Halving, and also the appearance of Craig, only fuels the interest and hysteria.

even without halving, the big farm will add new hash making those small farm running out of stamina quickly, so it's not an halving fault only

I'm adding more BTC to my collection before the halvening. The price will go up for sure. Even if it somehow does go down, I'll just buy more at that price.

Either way I can't see it going down so seems like a good investment opportunity at the moment. We'll see what happens in the next coming months with 'the media' reporting on Bitcoin halving though. Hopefully there's a lot of hype, but at the same time that could just create a bubble of people who are looking to make a quick buck.

The halving will increase centralization in the short term because inefficient miners will drop out, leaving only the most efficient. In the long run, the profitability depends primarily on energy cost, and if one miner can get cheap energy then 100 miners can potentially get the same cheap energy.

Where ? I don't see any notable changes in terms of the prices.The prices have spiked before the current rate ,halving is something special I would have more expectations from it.The Criag incident and everything is fine,didn't affect the prices much,no as much as we are hyped about for "Halving".

I felt the price would increase especially after the Craig's news article came out but still it has not seen a major rise in terms of the price or articles as well written on bitcoins. I can barely see articles on halving as well so hopefully this month something positive happens for bitcoins and for us as well.

The real question is weather the community that supports bitcoin raise has enough funds and guts to raise the price of bitcoin itself - i doubt it.
The only way we will see a real strong bullrun is if we get world coverage once again, and trending builds up. The recent news of bitcoin maker as some
sorry ass midle crisis dude sure didnt help.

The price has been fluctuating,  that's about all you can say, and we've been stuck in this range for months now. I'm curious as to what's going to happen this summer as well but I suspect we're not going to the moon. Hate to be a party pooper.