I remember the DOGE halvening. There were even halvening parties going on....
Then....
People waited....
And....
Nothing....
I hold BTC but I don't think this halving will do anything other than getting fanboys watching charts and wetting their pants (until they realise it's not heading to $1000 anytime soon).
Then we'll start getting the expected excuses on here.
Expect lots of blame for China...
Exactly i have said for years it usually means nothing.. such as when Doge was going to halve
Go check my post history i told them all it would do nothing and i was right.
But you missed 1 point.. Bitcoin is in no way in the same league as the scammy clone coin Doge.
It is not even in the same league as Litecoin.
So your comparing Apples with dirty Underwear son
EDIT:Priced in ?Maybe but i think we are seeing a phenomena here where it will turn into a self fulfilling prophecy.
I think people WANT to see it go up and will there for will make it happen.
That is all we need really.I made my opinions / predictions already couple months back in the Bitcoin section on this but i will recap a bit..
I think it will have *some* effect but i bet it will dip back down later because it will not be fueled
by natural growth by real world adoption / use etc.
Market players / whales & day traders etc will want to see it pumped up but they will be looking to cash out too.
So long term i doubt it will mean all that much.. maybe a minor over all increase.
But short term i think we will see a party and some hefty price spikes etc.
I think my take on it is fairly rational.
No extreme or crazy opinions on it all LOL