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Lambosexual

The Halvening...

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7 hours ago, Tinyaccount said:

It could also show instead that it’s a ‘loss of value’.   :)    People paid $15k for it and now it’s sitting there until they can sell in profit.

BTC/USD certainly. We will all be eating catfood forever if there are repeats of last couple years, but zooming out looking at the past or into the future hopefully it holds true. 

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On 12/10/2019 at 11:55 AM, WhtSno said:

"Halving" is completely unrelated to bull runs, history has proven this fact.

The run on Crypto during 2017 was caused by the US Federal government passing US Law allowing them to go after both US citizens and secret bank accounts world wide.  A two pronged rouse to hunt for lost taxes and to open the books of terror organizations.  Every major move in Crypto this year was caused by external events, bots and whales contributed their fair share however, nothing is going to move Crypto like an external event.   Government policy, Brokerage firm getting hacked, etc.

I don't think history has proven anything so far. Halvings have happened and price has increased. Correlation doesn't necessarily prove causation but something it happening there. But when one sees that less than 2,000 coins are mined a day and over 2,000,000 are traded a day, mining and bu extension the halvings do seem not to matter at all.

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