Biodom
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Merit: 3844
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December 24, 2019, 06:01:15 PM |
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Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions: 1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying. meh, but i agree that she is attention seeking. If halving is the dominant factor, then she would be proven wrong. What is "real possibility" anyway? IMHO any short term futures and options players would be taken down a notch, though. Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions: 1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying. ...probably bitter she can’t even afford 1 whole BTC so she spends her life trying to manipulate the minds of those who can. nah, she is somebody at Coinshares, a group with apparently $1bil investable assets.
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Febo
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Activity: 2730
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December 24, 2019, 06:02:13 PM |
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Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions: 1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying. She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.
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mindrust
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Activity: 3234
Merit: 2414
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December 24, 2019, 06:10:06 PM |
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Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions: 1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying. Silly slut, probably bitter she can’t even afford 1 whole BTC so she spends her life trying to manipulate the minds of those who can. Fuck this bitch. I wonder what makes her an expert about crypto. Another self-claimed bitcoin expert? That's what I like about bitcoin anyway. It always shits on clueless morons. Never misses.
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gentlemand
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Activity: 2590
Merit: 3008
Welt Am Draht
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She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.
The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup. She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one. We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark.
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Dabs
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Activity: 3416
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The Concierge of Crypto
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December 24, 2019, 06:24:14 PM |
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Some institutional investors will go for derivatives or maybe even GBTC ... Some, who have the proper technical team and can do it, will buy the underlying. They might do it through Gemini, or they might try any of the other exchanges.
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bitserve
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 24, 2019, 06:42:28 PM |
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I want to take this moment to remember that exactly one year ago we were at around $3.5K and it was a hard blow after all the previous year unfulfilled dreams. During 2019, it seems we have bottomed and doubled that. What I mean is... HAPPY XMAS TO ALL OF YOU WO BROTHELS#nohomo #wosign #dyor
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d_eddie
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Activity: 2478
Merit: 2895
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December 24, 2019, 06:47:07 PM |
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Is that Mary with a beard? Like mother, like son. Hey! I don't wear yoga shoes. I'll grant the benefit of doubt on this one, but maybe she designs hats?
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AlcoHoDL
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Activity: 2352
Merit: 4134
Addicted to HoDLing!
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Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions: 1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying. Verba volant, scripta manent.Let's see her in 3 years, when she'll be FOMOing the $100k/BTC train... First they ignore you, then they laugh at you, then they fight you, then you win.
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Majormax
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Activity: 2534
Merit: 1129
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December 24, 2019, 07:16:17 PM Merited by JayJuanGee (1) |
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She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.
The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup. She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one. We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark. As posters have said, nobody can claim to know for sure, and that includes the most bullish cheerleaders.... So, there is indeed a possibility that BTC does not rise due to the next halving. There have only been 2 halvings so far, way too little for a certain judgment. Price is always dependent on demand first and foremost... supply is important, but it is secondary. The next bubble, if and when it happens , will have to be a function of a very large amount of fresh capital entering the market. The numbers required are much larger now than in previous bull phases.
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AlcoHoDL
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Activity: 2352
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Addicted to HoDLing!
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December 24, 2019, 07:30:39 PM Last edit: December 24, 2019, 08:20:19 PM by AlcoHoDL Merited by JayJuanGee (1) |
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She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.
The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup. She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one. We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark. As posters have said, nobody can claim to know for sure, and that includes the most bullish cheerleaders.... So, there is indeed a possibility that BTC does not rise due to the next halving. There have only been 2 halvings so far, way too little for a certain judgment. Price is always dependent on demand first and foremost... supply is important, but it is secondary.The next bubble, if and when it happens , will have to be a function of a very large amount of fresh capital entering the market. The numbers required are much larger now than in previous bull phases. Cost of production also plays a major part... Cutting production (per block) in half, while cost of production (per block) remains the same, could make mining unprofitable, unless the price rises. Edit: Rephrased last sentence.
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makrospex
Sr. Member
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Activity: 728
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nothing to see here
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December 24, 2019, 07:36:45 PM |
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All the kids in the house are sleeping, finally. Time to wish you all a cozy christmas eve #hodl
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Globb0
Legendary
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Activity: 2674
Merit: 2053
Free spirit
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December 24, 2019, 08:27:45 PM |
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Working on the same outcome
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Raja_MBZ
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December 24, 2019, 08:31:08 PM |
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Majormax
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December 24, 2019, 08:40:21 PM |
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...Cutting production (per block) in half, while cost of production (per block) remains the same, could make mining unprofitable, unless the price rises.
..but it doesn't actually affect the price per se. Mining becomes unprofitable, hashrate falls, difficulty falls. The price drives this action, this action doesn't drive the price. Aggregate demand is always key to price changes, and it dances mainly to other tunes.
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LUCKMCFLY
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Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
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December 24, 2019, 08:43:44 PM Merited by JayJuanGee (1) |
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Nice .. Bloomberg and @TheStalwart 🤣🤣🤣 Last year (2018) you compared bitcoin to tulips and predicted btc would go to zero in 2019 or 2020. Have You No Shame? Source: https://twitter.com/100trillionUSD/status/1209455953587974144Merry Christmas WO!
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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December 24, 2019, 08:45:16 PM |
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Working on the same outcome
I have been blessed this evening with -Not being the one with children to take care for -Been invited and doing all the messy stuff in “not my house” -Being served lot of alcoholic drinks -Fine food better as my last outdoor meal for sure -Few nocoiners at the table (that’s not being blessed)——> what is is that they are quiet -......... -More wine is being served!
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Biodom
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Activity: 3738
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December 24, 2019, 09:40:18 PM Last edit: December 25, 2019, 12:40:30 AM by Biodom |
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I was watching Expanse for the first time. There are some cultural references in that show that might apply here as well. 1. It is unlikely that bitcoin would be accepted by a majority of populace. 2. Accordingly, we need to care more about bitcoin and bitcoiner's than to actively proselytize. 3. Instead, we should try to create our own culture and facilitate this process. Others can join on their own (where and when THEY are ready). 4. Maybe, we should even try to introduce new words/language to help with culture distinction. This is already happening, slowly. Obviously, this is a spontaneous process. Mind you, it looks like our culture is already under pressure: https://www.youtube.com/watch?v=q6odnm_X0jI
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Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
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December 24, 2019, 09:47:40 PM |
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Working on the same outcome
I have been blessed this evening with -Not being the one with children to take care for -Been invited and doing all the messy stuff in “not my house” -Being served lot of alcoholic drinks -Fine food better as my last outdoor meal for sure -Few nocoiners at the table (that’s not being blessed)——> what is is that they are quiet -......... -More wine is being served! I am bringing the family into the 4k universe
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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Working on the same outcome
I have been blessed this evening with -Not being the one with children to take care for -Been invited and doing all the messy stuff in “not my house” -Being served lot of alcoholic drinks -Fine food better as my last outdoor meal for sure -Few nocoiners at the table (that’s not being blessed)——> what is is that they are quiet -......... -More wine is being served! I am bringing the family into the 4k universe We are playing a game..... “de slimste mens” I’m leading the game in the first round as we speak via Imgflip Meme Generator
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10148
Self-Custody is a right. Say no to"Non-custodial"
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She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.
The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup. She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one. We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark. As posters have said, nobody can claim to know for sure, and that includes the most bullish cheerleaders.... So, there is indeed a possibility that BTC does not rise due to the next halving. There have only been 2 halvings so far, way too little for a certain judgment. Price is always dependent on demand first and foremost... supply is important, but it is secondary. The next bubble, if and when it happens , will have to be a function of a very large amount of fresh capital entering the market. The numbers required are much larger now than in previous bull phases. I read your post as being exceedingly cautious, Majormax, and you already likely recognize that I continue to believe that there is a bit more underlying buying pressures than the amount that you seem to be willing to accept present. Furthermore, supply is a pretty damned underlying force, whether you want to categorize it as "secondary" or not... supply is a kind of hard pressure that inevitably ends up biting the bears in the ass.. especially any of them who under estimate its power, after they are manipulating down for much longer and much lower than can be contained and ends up resulting in a lot of irrational and uncontainable upwards FOMO buying... which is likely going to be another history that repeats itself... surely not guaranteed in any kind of way, but a seeming likely outcome... time and degree to be determined.
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