Subnostr

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Despite all the incredible reasons to eagerly look forward to the Bitcoin halvings… 99%+ of people don’t know this event will happen next year. In fact, shockingly few people have ever heard about Bitcoin’s halvings!

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Umm, you guys know a halving is happening next year, right? Truth: this will be my first one. It was much more compelling to start buying January 2022 and buy into the dip that lasted a freakin' year.

https://www.onceinaspecies.com/p/the-bitcoin-halving-6-months-until

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Discussion

plebiANON 2y ago

There are prominent, otherwise smart Bitcoiners that are well aware of the halving, but don’t think a massive supply shock even affects the price. Much more insane.

Satoshiprinter 2y ago

I have a friend who brags about having worked at the largest bank in his country who told me the supply and demand don’t matter, and that supply on exchanges don’t matter. “It’s just a random trading price”

plebiANON 2y ago

The opposite side of that coin is that if all the DCA’rs stopped, the price wouldn’t change either.

Satoshiprinter 2y ago

Haha the DCAers are the support line. Fucking legends of the digital Revolution.

plebiANON 2y ago

It’s almost like they absorb the incoming supply to set a floor.

Satoshiprinter 2y ago

Exactly what they do

Satoshiprinter 2y ago

Noble stackers freeing everyone else as they watch their tv series and doomsday climate reports