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Bitcoin's 2020 halving

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Thread replies: 25
Thread images: 2

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People here are saying all we need to do is HODL until the 2020 halving and enjoy the riches. Are you sure? When the 2016 halving happened, Bitcoin's price actually moved down for a couple months. Are you sure Bitcoin's price will explode after the halving or will my dreams of 100x gains die a painful death?
>>
Of course it won't 100x, but in the long run it will go up, yes.
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>>3451948
hive if you want 100x return in 6 months
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>>3452728
This, buy hive, retards. We're only trying to help you before you miss out. Traded on hitbtc only.

And yes, it's falling. Buy when it's down low (under 3000). Becuase it will go up after.
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>>3452752
(second part is about bitcoin obviously)
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>>3452752
If BTC falls to 3000, I'll buy with a huge smile on my face.
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>>3452752
>>3452728

shill me on it plz
>>
Someone explain halving to a retard newbie like me
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>>3453113
Hive is new (1 week), so the price is extremely low. It may actually go down for a while, as bitcoin crashes. It probably won't though.
Because it's new, it doesn't have a marked value yet, but it will.
It's a good company, people are always ignoring til too late.

Bitcoin will fall under 3k.
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>>3453181
What's the technology for Hive? Why is it a good company?

I just read their website for a minute and it seems to be a wallet. Yes, even Satoshi knows we need muuuuch better wallets, but why is this one good and what does the token do?

Thanks!
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>>3453126
the reward per block is halved

mining becomes half as profitable because less new bitcoins are created

bitcoin becomes more valuable as its inflation rate is cut in half
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>>3453113
its pretty cool crypto invoicing tech. its got a future and good team and fucking dirty cheap. you could potentially 100x here. its at a few cents rn.
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>>3453200
>>3453113
buy it on hitbtc, but don't store it there its not particularly safe. you can store in on myetherwallet cause its ethereum based. you have to create a custom token on myetherwallet and a quick google should show you how to do this it take 2 mins.
>>
>>3453181

>Hey Anon, please tell me what HIVE Is

>OMG ANON ITS SUPA CHEEP YOU GET RICH RICH RICH BUY NOW PLZ THX
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>>3454238
hive is like kickstarter on the blockchain.

lets say you own a small business and want to publicly trade it on the blockchain. investors send you money through this platform so you can expand your business and get paid more often and the investors get returns at every phase or quarter.
it also have smart contracts that are designed in a way no one can scam you
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>>3451948
Google these two terms then get back to me: Supply. Demand.
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>>3454313
You are literally describing stocks.

It might go to the moon because of the power of belief but no one is going to use it.
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>>3454381
>You are literally describing stocks.
lmao
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>>3451948
You fail to realize what moves prices. It is not the news itself but people's REACTIONS to the news. You must think of the psychology behind all of the normies new money.

When the 2016 halving happened Bitcoin was still sort of in a nuclear winter. Nobody gave a shit. Nobody knew what it meant, nobody cared. No one wanted to buy what essentially seemed like a dying coin, so prices didn't spike.

Now, crypto is on a huge bull run. We're seeing a huge influx of new money, everyone is FOMOing. So when they hear about the halving and that scarcity will increase, they're going to FOMO even harder and rush to buy.

You need volume for a breakout, same way you need volume to energize the market and pump new money in
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>>3453181
Wow pajeet, first you need to learn English, only then you should come to shill your bags.
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>>3451948
>>3452004
>it won't 100x

why not? it would 100x from current price if its market cap matched gold's
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>>3454502
>or everyone will move to bcc
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>>3453227

or the chinks mine something else more profitable and is all over red rover
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>>3453429
Where do I find hive's contract address to add to MEW?
>>
>>3454381
what are stocks?
aren't those like paper ICOs for companies that actually do things?
sounds gay
Thread posts: 25
Thread images: 2


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