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58305450 No.58305450 [Reply] [Original]

And that they will sell the 'news' when it happens?

>> No.58305501

It's already priced in. The ensuing megadump is going to be hilarious.

>> No.58305581
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58305581

>>58305501
This is what I'm betting on. I still think the cycle plays out later this year, but this entire ETF/institutional pump has been entirely forced and manipulated by Blackrock and co. to create FOMO to draw normies in. Every permabull crypto youtuber keeps moving goalposts about when and why "retail" hasn't jumped in yet, when the truth is this entire rally has been manufactured from the start and the "average joe" just isn't taking the bait.

I look at it like some kind of reverse black swan event where we shot up instead of flash crashed. If we don't stabilize to at least 52k over the next couple months then the this market really has been tamed and the trojan horse theory is probably accurate.

>> No.58305584

>>58305450
To be more precise, people are buying the halving rumor while Globohomo dumps their bags. When bitcoin goes sub 40k thats when people will sell the news. The news being that the halving is bearish. And you guessed it, Blackrock will be there to slurp.

>> No.58305643
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58305643

>>58305584
Not just Blackrock

>> No.58305699
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58305699

>>58305643
They shall weep and we shall swallow their pain.

>> No.58305766

>>58305450
its neither a rumor nor news whatsoever

>> No.58306001

>>58305766
well, quote and quote sort of speak. Meaning how psychology works towards and event that is supposed to increase the price of btc.

>> No.58306042

>>58305450
The effects of the halving won't be felt for months after it happens and it won't be as significant as people think it will be because each halving is less intense than previous halvings.

>> No.58306073

>>58305643
Same...
I should probably setup my Coinbase account just to have it ready.

>> No.58306148

>>58306001
its not supposed to increase anything, people say retarded shit cause they're retards. If supply now is X then after halving it still keeps being X+Y meaning its increasing aka inflation, since when does inflation makes something more valuable? only demand matters, the halving didnt play into previous cycles, people werent buying btc because "its getting scarcer" (it wasnt) but because they just heard about it, it was really new and sounded like a good gamble. You think some newfag back in 2016 was thinking "oh shit the halving i gotta buy", no he heard on internet about this bitcoin thing and simply bought as did most, causing the bullruns. Then after months maybe they tried to understand what they were holding.
Now 2024 halving is like the whole narrative when its the least significant factor. Its not like you're burning supply just reducing inflation which is already minimal at this point since most btc have been mined.
Btc from 2008-2016 was under high inflation and still pumped like crazy.

>> No.58306176

>>58306148
>Its not like you're burning supply
he doesnt know his bitcoins will into half... my brother you're lost

>> No.58306192

absolutely. it is currently cheaper to just mine btc than it is to buy it. only the goyim would pay retail prices right now. fortunately, the goyim are so dumb you can tell them exactly what's happening and they will still gladly pay the premium.

>> No.58306284

>>58306192
>cheaper to just mine btc
yeah with those free asics amirite? go check the cost of the latest ones

>> No.58306313

>>58306001
>quote and quote
You and your kind are a [quote] diamond dozen [END quote].

>> No.58306549

>>58306313
Chill out adolf

>> No.58306777

>>58305450
yep