No no. Its been well established that after the halvening you have half as many coins as before.

Yeah what other halvening sites are there? I need one to watch. I remember last halvening one site had fireworks go off, that was fun.

I bought my first bitcoin in early 2013 and I'm still buying now, so I like to get in at a good price too.

This buying is not accumulating for investment purposes though, it is savings. I am saving my money in Bitcoin, I used to save in fiat, but stopped doing that years ago. And in 20 years time, if I'm still working and the Bitcoin price is over a million, I will still be saving some of my pay in Bitcoin. Why, because I am "saving". It's really that simple.

Last discount window before the halving folks. Get in now.

Hmm, price at 100k. Yeah I guess I can manage that.

Off topic, but what I am really fucking hating right now is Bitcoin's new found correlation with the traditional markets, annoying as all hell.

Manipulators waiting for weekend thin trading perhaps?

Oh the legacy is  really fucked alright. Has been since 2008 and to be more accurate since the tech bubble. Everything done by CBs and Govs has destroyed the system more and more. So, they have applied band-aid and band-aid solution one after another until we get issues like the ones we are having right now. And what are they doing to solve our current issues, more band-aids and very big ones at that. There is no light at the end of the tunnel for the legacy system, total collapse is its destination and the destruction of sound money is the vehicle it is using to travel there.

At least we have Bitcoin now. Bitcoin is like Noah's Ark those who are smart enough to get on it, will survive the legacy systems money flood, those who don't hop on, will be forever starving drowning slaves.

It's a sad world and I hate it.

Spot on. If this spread 10 times slowly there would be no panic at all, because the hospital system would be able to absorb the increased load. My concern with catching the virus is that I am one of the 15% that get hospitalized at a time when there are no ICU beds or free ventilators.

I am also very concerned for certain family members who are old and have health conditions, I would be concerned for them though even if the hospital system wasn't overwhelmed.

As far as asset prices and bitcoin in particular, I think this whole thing is extremely bullish long time. Which will be great for me of course, I was worried in the short term for a while, but not so much now as the situation has changed because CBs and Gov fiscal responses are getting to the point of preventing any further decrease.

I fear for the real economy though. The downturn in the real economy will be long and drawn out, the workers will be affected by this to a massive degree. They will not get free money or debts paid off, they may get their debt delayed for a bit, but that's it. The rich and large corporations are going to be massively wealthier after this, keep an eye on the wealth divide it will go ballistic. Sure we'll all be rich from our Bitcoin holdings, but a lot don't have any asset, only their labour.

This whole thing is going to destroy the remaining wealth of the 99%, and as I'm getting rich from Bitcoin, I won't be fucking forgetting those who won't be. the suffering is going to immense.

Stock market falling, my currency going down (vs US), credit markets frozen, and Bitcoin going up. Not too bad.

Completely different monetary system now to back in the great depression days. Printing enough to paper over it is exactly what they will do. The system is designed to make the poor poorer in the long-term, bitcoin is of course the opposite.

I think you're right. While we may go lower, buying at these levels is a good buy

This is not about the virus anymore. Hasn't been for at least a week. CBs have been making a fuse for the last 10 years and the virus just lit it. That is all.

Soon we are going to have mass control of everyones money by CBs and banks. Bitcoin will be excluded.

Yes in the end it leads to hyperinflation.

I know what the future holds and that is expanding credit, therefore expanding money supply, and therefore expanding economy. Only way this doesn't happen is if we change how our monetary system operates. While there is a chance that will happen it is extremely improbable to the point that it that we can safely say it won't happen.

Yeah could very well do. Long-term of course it doesn't matter, the virus will eventually peak and so will the panic. The FED will do more than it is doing creating a shitload of liquidity in the process. Once the weights on global demand are lifted, assets will go up again and this time harder than after 2008 due to the much large central bank money being printed.

Throughout history, every bust has been followed by a bigger boom, this one will be no different.

I agree with Wekkel here. The FED have unlimited firepower, don't underestimate them. Also don't watch the equity markets for when the FED pulls the trigger. They couldn't care less about that at the moment. Their focus is on the credit markets, they must absolutely not have a continuing credit freeze, and I can assure you the have the ability to fight it.

They can buy a lot of debt, government, corporate, even individual. And if liquidity issues persists they will continue doing whatever it takes.

The bleeding begins again, sigh!

Mindrust. You will have another opportunity to enter again and it will probably be a lot less that at 4500. If you don't already have a re-entry plan now is the time to draw one up.

I'm heading to the bar.