Happy block halving day!
Max, Simon and Karl need to reward the miners a little better then what they are getting now. I worked everything out before the buy and knew that even before the halving it would be better to buy coins...I can only imagine what its like know since the halving.
Nooooo. We WANT it to be better to buy than to mine. A) We want people to buy. B) We want miners to be forced to sell at higher prices.
This is exactly why we wait for block halving. Now there will be half the number of mined coins hitting the market. There's no reason for buying to be cut in half, and as you say, there's more reason to buy. This creates a mechanical price rise. No speculation required. It will take a few days or even a couple weeks for the supply of mined coins to begin to dry up, but once the mechanical rise begins we'll likely see speculation begin to multiply the pressure.
As I said before. September was the time to buy, October the time to hold, and November the time to swing trade. October also turned out to be a good time to buy since we didn't see an expected speculative push pre-halving, but now there's no stopping a price increase. It will simply happen, unless people suddenly stop buying the coin when the fundamentals point to an increase in buying.
Hold onto those coins, miners. Better profits are on the way.
