Pure btc speculation post

[darewaller]

There is no reason for bitcoin to go up or go down, right now it is doing super fine and that is enough. Why do you think that halving would make it go up or down? What has happened with the bitcoin? There is about 900 bitcoins mined per day right now, it used to be 1800 bitcoins per day. Which means there is 900 bitcoins mined per day, and that is about 8 million dollars per day, that is a lot of money for a day but it is not really life changing isn't it? The market wouldn't really feel it on day one.

However when you make it 100 days, that 8 million becomes 800 million dollars over time. When you make it 300 days that is 240 million dollars, as you can see we are not even a year right now, in a year we are talking about 3 billion dollars give or take. THAT  will make a change.

[ningrum]

I didnt expect any pump today and felt bitcoin is already price-in, i also felt traders will be watching than selling and more activities for miners, it was a very busy day for miners who want to take their share from the last period of 12.5 bitcoin from each block. I dont think bitcoin halving has ever caused this pump, it caused more dump in short term before a gradually movement. Due to the global market condition I cant predict the movement of altcoins.

I'm sure traders will be looking at bitcoin price against what altcoins they are hodling or buying. I predict that this bitcoin halving will favour more of altcoin because unlike in last halving, the numbers of altcoins now have increased and some nice project are existing.

At the current price of Altcoin I am sure it will tempt whales to enter, because if they enter and the pump arrives they will get more Bitcoin, and if Bitcoin PUMP then they will get more money