Current Events > bitcoin: the halving and beyond

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The Trent
05/11/20 9:33:07 AM
#1:


halving is this week or something?
what do the stable geniuses of CE expect BTC to do at the halving and beyond?

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The Trent
05/11/20 9:35:53 AM
#2:


oh wait it's today i might be too far behind to get hte money moved to capitalize on this

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The Trent
05/11/20 9:46:29 AM
#3:


eh i bought back in let's see what happens friends

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Sunhawk
05/11/20 9:47:21 AM
#4:


Stable genuises is a reference to what I think it is...right?


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The Trent
05/11/20 9:47:37 AM
#5:


it's a joke

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The Trent
05/11/20 10:30:21 AM
#6:


okay i have made twenty bucks

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The_Bitcoin
05/11/20 10:44:41 AM
#7:


The Trent posted...
halving is this week or something?
what do the stable geniuses of CE expect BTC to do at the halving and beyond?

leave me alone
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The Trent
05/11/20 10:44:49 AM
#8:


okay i have lost thirty bucks

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Elmer_Glue
05/11/20 10:55:43 AM
#9:


The Trent posted...
okay i have lost thirty bucks
Gambling in a nutshell.
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The Trent
05/11/20 10:56:09 AM
#10:


okay i have made thirteen bucks

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HighOnSolar
05/11/20 10:56:32 AM
#11:


The Trent posted...
okay i have made twenty bucks

The Trent posted...
okay i have lost thirty bucks
I lold

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EndOfDiscOne
05/11/20 10:57:49 AM
#12:


Bought some more this morning

I honestly don't think the halving will do anything to the price

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#13
Post #13 was unavailable or deleted.
The Trent
05/11/20 11:04:52 AM
#14:


okay i lost seventy bucks

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The Trent
05/11/20 11:16:12 AM
#15:


okay i have made fifty bucks

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The Trent
05/11/20 12:02:57 PM
#16:


okay i am down forty five bucks

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EndOfDiscOne
05/11/20 12:08:20 PM
#17:


Is this your first time buying Bitcoin? It's going to go up and down.

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NinjaBreakfast
05/11/20 12:08:51 PM
#18:


Is there a use for bitcoin beyond speculation and buying drugs yet

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The Trent
05/11/20 12:11:40 PM
#19:


okay I am up fifteen bucks

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Sad_Face
05/11/20 12:18:33 PM
#20:


NinjaBreakfast posted...
Is there a use for bitcoin beyond speculation and buying drugs yet

When your country's economy goes down the drain and your local currency's value implodes with it. The bitcoin is an effective tool for protecting your wealth. This has happened in Venezuela, Argentina, and currently in Lebanon.
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Squall28
05/11/20 12:19:34 PM
#21:


Why is Bitcoin still a thing?

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The Trent
05/11/20 12:20:53 PM
#22:


Squall28 posted...
Why is Bitcoin still a thing?

because millenials haven't killed it yet?

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CapnMuffin
05/11/20 12:21:49 PM
#23:


My bag of coins are doing p well

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Sad_Face
05/11/20 12:21:50 PM
#24:


Squall28 posted...
Why is Bitcoin still a thing?

Because it's proven to be legitimate banking system that has Central Banks and the US worried about usurping their dominance.
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Choco
05/11/20 12:21:56 PM
#25:


Squall28 posted...
Why is Bitcoin still a thing?
why not?

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The Trent
05/11/20 12:22:36 PM
#26:


okay i'm up 12 bucks

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The Trent
05/11/20 12:31:11 PM
#27:


okay i am down eighteen bucks

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The Trent
05/11/20 12:42:43 PM
#28:


okay i'm down like three hundred eighty bucks

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Choco
05/11/20 12:43:37 PM
#29:


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Jiek_Fafn
05/11/20 12:47:51 PM
#30:


This topic reminded me that I had $10 in bitcoin that I got for free in 2017. It's now worth $7.36. I feel like such a fool for not taking it out when it was worth like $13.

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Squall28
05/11/20 12:57:18 PM
#31:


Choco posted...
why not?

What value does a currency have that wildly fluctuates? Imagine if one day you can buy a Mcdouble with $1 then the next day you can buy 10 with a $1, then the next you need $10 to buy 1.

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The Trent
05/11/20 1:57:38 PM
#32:


okay i'm down four hundred and fifteen bucks

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Choco
05/11/20 1:58:38 PM
#33:


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The Trent
05/11/20 1:59:09 PM
#34:


great now i have to ignore your post twice!

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itachi15243
05/11/20 2:05:14 PM
#35:


Squall28 posted...
What value does a currency have that wildly fluctuates? Imagine if one day you can buy a Mcdouble with $1 then the next day you can buy 10 with a $1, then the next you need $10 to buy 1.

It probably won't do that. At some point in time all bitcoins will be down to about 428 dollar until add to again.

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The Trent
05/11/20 2:14:29 PM
#36:


okay i am down five hundred twenty dollars

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The Trent
05/11/20 2:17:29 PM
#37:


okay i am down five hundred eighty dollars

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The Trent
05/11/20 2:17:54 PM
#38:


it's crashing like a motherfucker right now lol

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Anteaterking
05/11/20 2:22:51 PM
#39:


I'm surprised the halving has had this much of an effect considering it should have long been priced in.

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Sad_Face
05/11/20 2:37:31 PM
#40:


The Trent posted...
it's crashing like a motherfucker right now lol

YES YES YES YES YES YES
I want to buy some more Chainlink but the prices are much too high. That market pretty much moves as the BTC moves and there's a lot of evidence that BTC's price is manipulated to suppress specifically the price of Chainlink so it's good for me when this happens. Another chance to buy.
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EndOfDiscOne
05/11/20 3:31:38 PM
#41:


Halvening in 8 minutes

https://coinmarketcap.com/halving/bitcoin/

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#42
Post #42 was unavailable or deleted.
EndOfDiscOne
05/11/20 3:38:18 PM
#43:


jeffhardyb0yz posted...
what Does that mean
I happens roughly every 4 years. The mining rewards get cut in half, meaning that the rate at which new Bitcoin enters the market goes down. The last two times this happened, we saw massive increases in price over the next year or so, which is what a lot of the hype is about.

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#44
Post #44 was unavailable or deleted.
EndOfDiscOne
05/11/20 3:49:00 PM
#45:


jeffhardyb0yz posted...
so no immediate dip in price then. Its too high for me to put in
Don't miss the bus

https://i.redd.it/3f29iw6vdqx41.png

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#46
Post #46 was unavailable or deleted.
onedarksoul
05/11/20 4:18:11 PM
#47:


topic tagged

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Sad_Face
05/11/20 4:20:59 PM
#48:


jeffhardyb0yz posted...
I need to find a way to transfer my wallet out of Coinbase and onto something else with less/free transfer fees

You can't escape network transaction fees, but it sounds like you're buying with your card instead of making a purchase with your bank account and dealing with them blocking withdrawals for 7 days. I don't know how how it goes on Gemini or Bittrex, but on the Crypto.com they have slightly cheaper fees, but they have to confirm your withdrawal every single time and it takes a day. Terrible if you're timing the market.

I personally buy USDC on Coinbase and make my trades on Binance, so I have money on hold for when the price is right. Though I should mention you'll need a VPN to access the global Binance site. There's an American SEC compliant version though...
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ncsonic
05/11/20 4:30:41 PM
#49:


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CapnMuffin
05/11/20 4:56:01 PM
#50:


EndOfDiscOne posted...
Don't miss the bus

https://i.redd.it/3f29iw6vdqx41.png
lol

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