are you all watching?

[disclaimer201]

Isn't it time for some great manipulator to take a huge dump?

[1714024054]

1714024054

[adamstgBit]

Isn't it time for some great manipulator to take a huge dump?

I wish!

this would send the price skyrocketing 

[FreeMoney]

Isn't it time for some great manipulator to take a huge dump?

I wish!

this would send the price skyrocketing 

 

[YoYa]

LeeeeeeeeeeeRoy JeeennnnnnnnnKens!!!

I like your profile picture!  

Cheers, been a while since I checked up on ole RawDog, I'd say he's been a bit glum about the collapse in Silver  

[aqrulesms]

Don't believe the depth chart.  Sometimes it's a trap.

I'm stating to think "fake walls" are a thing of the past

I'm starting to question your position, but I would welcome the outcome if you are right.

now I'm thinking bear trap,
5,20 REALLY wants to be sold into

So.. $8 or no?

I'm no economist or speculator, just a simple miner 

Oh I see.. we're in the bearish trap stage of the epic price bubble. 

[SaintFlow]

if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

[aqrulesms]

if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

[Kupsi]

Yes looks like it's stuck at $5.20-5.27

It's sunday. Tomorrow, people will transfer money into the exchanges again.

[S3052]

if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

[notme]

Yes looks like it's stuck at $5.20-5.27

It's sunday. Tomorrow, people will transfer money into the exchanges again.

In 5 hours it will be 8 am on Monday in Tokyo.

[herzmeister]

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

This goes only for hoarders and speculators, and not for real demand as a currency, which some say is also the cause for the recent stability and slight increase.

[Kupsi]

In 5 hours it will be 8 am on Monday in Tokyo.

Let the party begin

[notme]

In 5 hours it will be 8 am on Monday in Tokyo.

Let the party begin

~2 hours to go

[the joint]

if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc.  Would you say this is also priced in?

[notme]

if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc.  Would you say this is also priced in?

I would say that is priced in as much as the 50->25.  You either know the story or you don't.  The 50->25 may catch some by surprise since you don't have to understand these details to actually use bitcoin, but after a few halvings people will know what's up and it will be completely priced in by the time it happens.

[adamstgBit]

if only.

i personally do not find it seductive to sell into 5.20 wall.
Will not support it either.

Yes looks like it's stuck at $5.20-5.27

Not going anywhere.  Might as well wait for the real price increase in December, since there is no reason for the price to really go up unless demand overtakes the daily inflation of bitcoin.

Forget about the effect of the December change from 50 BTC to 25 BTC as price predictor. This is already priced in as it is public knowledge.

It's also public knowledge that the price will reduce to 12.5 BTC, to 6.25 BTC, etc.  Would you say this is also priced in?

I would say that is priced in as much as the 50->25.  You either know the story or you don't.  The 50->25 may catch some by surprise since you don't have to understand these details to actually use bitcoin, but after a few halvings people will know what's up and it will be completely priced in by the time it happens.

i think each mining reward drop will be fully priced in 6 - 12 months After its actually happens... its effect will be felt gradually

[Technomage]

The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.

[trogdorjw73]

The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.

More than anything, the reward drop is going to affect miners. Who cares if you have a bunch of BTC you're holding and suddenly they're not created as quickly? But if you're out digging for gold and finding 1BTC per day for a year and suddenly you start to find 0.5BTC per day, your potential to earn money after paying for electricity just got killed. I suspect we will see network hash rate take a major dive following the drop -- I know I'll be shutting down unless price goes up or the number of people mining drops substantially (e.g. difficulty goes down).

[silverbox]

this is it boys this is the start of the epic rise in value!

we are moving up to 8$ b4 the end of next week, mark my words

marked.

5.62 isn't quite $8...

[_mr_e]

The reward drop is definitely not fully priced in yet. In part it is, of course, but not fully. It will become priced in once the reward drop starts to be the #1 talking point in the community. So perhaps a couple of months before the drop. Late Summer at the earliest, probably early Autumn.

More than anything, the reward drop is going to affect miners. Who cares if you have a bunch of BTC you're holding and suddenly they're not created as quickly? But if you're out digging for gold and finding 1BTC per day for a year and suddenly you start to find 0.5BTC per day, your potential to earn money after paying for electricity just got killed. I suspect we will see network hash rate take a major dive following the drop -- I know I'll be shutting down unless price goes up or the number of people mining drops substantially (e.g. difficulty goes down).

won't this open the network to be easily taken over by a 51% attack:S