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Halving is not priced in ... it is now being and will be, eventually.
Think of it like the 6,3,2,1 month discount interest rate future pricing mechanism on money markets.
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we are down to discussing favourable flavours of anarchy ... progress.
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 not your average rocket, this. is. yuuuge. |
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expecting lots of trolls and price turbulence but controlled ascent never-the-less ... buy the dips if you're not fully in.
hold on tight, shit's gonna get real, again.
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... if you can't hide it from govvy bullies, it's not money, it's called prison scrip.
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 Buy. Now. |
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Forked-tongue lying Stolfi is back to spread his particularly toxic brand of divisive misinformation I see ... not enough corruption in Brazil to keep the anti-ponzi buster busy? His lies about Blockstream's actions and motivations around segwit are very insidious, evil and divisive, believe him at your financial cost.
Someone needs to inform the Brazialian tax-payers how much time an academic on their payroll is spending on internet forums spreading lies for banksters.
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the halving is a non-event with respect to price, or at most it is an event of trivial proportion. There is nothing to price in or not price in.
The halving halves the supply of new coins from 3600 coins per day to 1800 coins per day. If we take a simplistic view that there is a steady demand of 3600 coins per day at the current price then it is safe to assume that suddenly halving the supply while not changing the demand will cause an increase in price. The problem with this is that everyone already knows that the supply is about to halve, and so some people will already have been acting upon that knowledge. The halving does not halve the supply. The supply increases with every block. Bitcoins are not consumed. The 3600 or 1800 BTC mined yesterday will be part of the supply today, and the 3600 or 1800 BTC mined today will be part of the supply tomorrow, along with the 3600 or 1800 BTC mined yesterday. Even if you consider 50% of the coins each day as lost or otherwise consumed or unavailable, the supply still increases with every block. ... and so the 'supply' of fiat that represents demand for bitcoin is potentially all the fiat in the world by that logic? (And increasing by the billions of fiat per month at last count) |
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"4, 3, 2, 1
Earth below us
Drifting falling
Floating weightless
Calling calling home
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Most people are stupid and lazy
or arrogant enough to believe that. ... she said, while splayed on the couch, munching on a box of jacks watching daytime soaps. |
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The reason I ask is that, as I understood, the ins and outs of the LN streams are some of the few txs which would use that much witness data.
In any event I'm guessing these tests will be used to block any notion of a maxblocksize hf as it's pretty close to the 4mb total they agreed upon with the miners earlier this year.
It will be interesting to see what LN does to centralization over the coming years. I hope it's not the beginning of the end.
Don't let your woeful misunderstandings stop you from having an opinion on anything and everything bitcoin scaling. Keep speculating yourself into the stupid house. |
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The problem with this is that everyone already knows that the supply is about to halve, and so some people will already have been acting upon that knowledge. ... ummm, by doing what exactly? Most people are stupid and lazy and wont act until they have to, usually when it is too late. And what can they do exactly, produce more coins now in anticipation of the halving?? |
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What?! You lost your first 120 units (crowd sale units) in the post?
How does that happen? Do you think it was by malicious intent? US government/customs? Is that why you are shipping from Canada now?
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Let's start a counter to see how many countries bitcoin has been used in.
I've witnessed for a fact that bitcoin was used these countries:
United Kingdom
Netherlands
Switzerland
Canada
New Zealand
Hong Kong
... that's 6 right there, go ahead add which countries you have witnessed for a fact (no hearsays) bitcoin used in.
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BlockyJoeAllen come to dump his mind vomit all over these public pages again I see.
Hey genius, you think you got it all figured, where's your code? Where's you tests? Where's your data?
Enough with the mind vomit, time to put up or stfu.
Monday morning quarterbacks and backseat drivers are worse than clueless noobs, there is no reason for their ignorance, it's just willful.
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