I see no surprise here.

You can see in the chart in the OP that the price always goes down a little bit after the halving. It skyrocket a few months later.

Yeah, give it like 6 months for the price to go up, or at least at the end of this year, it's a good measuring stick. And personally, I think the pattern will still continue, that every halving we will see new all time high.

So it's just a matter of time and what will be the top price for this year.

And as we all know, conservative estimates is $100k so that will be the likely target or at least double what is the previous all time high which is $69k.

Quote from: Gurujebs on May 14, 2024, 01:17:41 PM

Quote from: Fivestar4everMVP on May 13, 2024, 11:58:30 PM

Once the majority of the bitcoins in circulation enters the hands of the Asset managers, bitcoin and the entire crypto market will become just as normal as the forex market, stock market, gold market and the rest, and, yeah, this will happen sooner than any of us think, and this coming bull run may be the very last for anyone wanting to make significant gains from crypto to do so.

What if Bitcoin halving doesn't really bring something to the table but is the reason why we have other run? Bitcoin is becoming a financial asset to many institutional investors and they are attracted to it because of the gains but with people like them here, what we do have as usual meal in every cycle might be difficult to see.

However, I think altcoins in general will be the next thing to hunt, look at how meme coins were largely demanded, even some of the crypto YouTube channels I lookup to that doesn't like shitcoins all of a sudden begin to talk about meme coins and that's because of the profit.

What is currently happening is the ETF effect, It is still too early for the halving effect to occur because it will take months to reach its maximum. In fact, it is not impossible that there will actually be a correction first. In fact it will be good, which can make many investors compete to buy and this will be a boost for bitcoin to be able to improve. So stay patient, everything definitely needs to be processed and not instant.

Give it at least six months for the market to see the effect of the halving. And I think the ETF will also come sooner and it's not also price-in as what we might be thinking because of that $73k run that we have pre-halving. I wouldn't call it a correction, but there could be just one leg down for us before the parabolic rise. Currently, market has bounce back to $65k-$66k, but still way from the last all time high. Which means we still need some time for it to grow and as I have said, the end of the year will be a good measuring stick as to where this bull run will go. But I can see that we might be seeing a huge price before the end of the year, we could be near six digit or around $100k and then next year will be the final push for a even higher price and top bull run new all time high.

Quote from: robelneo on May 16, 2024, 07:15:13 PM

Quote from: bitbit97 on May 16, 2024, 02:25:49 PM

I never understand logic of all that. We have two professional fighters who knows how to protect themselves. But they always walk and are crowded by team and bodyguards on press conference and weigh-ins. Lets suppose drawl starts. What next? Professional fighter gets injured. The fight goes canceled. Everyone looses money, everyone fails to earn, opponent misses chance to get one more victory in record or belt. What is the idea to start such a fight, if because of you, your team suffers?

That should not happen, especially in an epic fight like this. The promoters have spent a lot of money on preparation and promotion, and they might file a suit or case against the parties that started the brawl. Fighters should be protected at all costs. They know their obligation. They have bodyguards, and their bodyguards know what to do because they have instructions to protect their boxer at all costs.

that make sense. this is one of the biggest since we have not seen in decades such as unification fight in the HW division. they wouldn't want this cancelled anymore since they waited this long for this to happen.  and to see this fight is to happen in a country that can give them millions, its gonna be a disaster if one is injured.

by bitbit97's description, it looks like there really is a kid's brawl. i wouldn't be surprised if there is another brawl after the fight.

Not sure though if this is just to hype the fight or if John Fury is out of control. But there are news that the Fury has apologizes but the damage has been done and the Fury's should be ashamed of this action specially from John as he himself was a pro boxer and knows that this kind of acts in unacceptable. And with this, it just give Usyk more reasons to punish Fury in their fight.

Sort of to take revenge for what the Fury is doing and restore order in the HW division. There's no question that Fury is great, but with this kind of antics, many fans might be turning their backs on him.

Quote from: NotATether on May 09, 2024, 03:19:18 PM

There are blocks and blocks of 10 sat/vbyte transactions alone. Same for 5 sats/vbyte. But anyway, I am content with a 20 sat/vbyte fee for Bitcoin. As long as fees do not shoot up again, I think the conditions are going to be very good for making transactions for the next few weeks at least.

The current transfer fees around 10 sat/vB, it is actually quite cheap. It's rather rare to see transfer fees of 5 sat/Vb or lower. If you are satisfied with the transfer fess around 20 sat/vB, it means you have no problem with the current transfer fees. With 20 sat/vB, your transaction will be faster. I'm actually doing the bad decision to customize the transfer fees few days ago, I set the transfer fees about 8 sat/vB. Until now, it cannot be processed, the transaction status is pending until now. There is no solution for this case, it just hope for the miracle that the transfer fees will be around 8 sat/vB again. This is a lesson, don't set too small transfer fees!!

Right, it's down to 10 sat/vB and it's quite cheap for now. Of course, we wouldn't want to see it lower and be back to like 1-5 sat/vB. But not sure if we can still achieved that assuming that there will be another project in the horizon that is going to take advantage of the blockchain and clogged it again. Well we can used transaction accelerators if you believed that they work.

And if you look at mempool, let's say it's 11 sat/vB as the highest and you set your fee with that, it might also take some time to be in the next block as everyone could have paid the same fee.

Nabanggit ko dati na huwag asahan pero nakakapasok na ang 10 sats/vb sa mga nahuling blocks. Nasa 13 to 18 sats/vb as of this posting pero meron pa din mga excited na nagbabayad ng 100+ sats. Parang mga mauubusan ng blocks eh

Hehehe, pero nasa 10 sat/vB na rin paminsan minsan so it's a good sign talaga na halos nasa normal na tayo at pwede na tayong mag send ulit na hindi na maiinis at ma high blood, mainit pa naman ang panahonn ngayon.

Hopefully bumagsak pa lalo sa <10 sat/vB para konti lang ang fee para kahit maliit lang ang withdraw natin sa mga wallet natin eh hindi tayo mabibigatan at halos buo parin ang pera natin pag convert sa PHP.

Trump is fully aware of how strong the Crypto community is in the US, and he knows that Biden is not pondering Cryptocurrency, so he attacks him using Cryptocurrency to make him look good in the eyes of the community.
He makes Biden look silly with his statement. Imagine it as if everybody knows what cryptocurrency is in the US, yet you, as the head of the most powerful country, are ignorant of it.

Trump is on a good start to his campaign by wooing the Cryptocurrency community.

Quote

He highlighted the diverse nature of cryptocurrency and asserted, “If you are in favor of crypto, you better vote for Trump,” he declared.

Yeah, when he become a President, for sure he had known crypto and if I'm not mistaken, could have accepted it during his campaign.

And if someone watch the roast of Tom Brady, a supporter of crypto, Nikki Glaser highlight it with this joke, and it's hilarious, 

https://www.youtube.com/shorts/bNyFsbM8M24

Quote from: Zed0X on May 10, 2024, 03:41:14 AM

The Cavs stealing one game in Boston, who would have thought of that? I believe almost everyone was thinking the Celtics would make easy work in their home court. Levert's production was a surprised to me as he played poorly in game 1. Good call on the part of the coach for trusting him in game 2.

One factor that contributed to the loss of the Boston Celtics was their poor shooting on the rainbow country, 8/35 from the 3 point area. Levert's 21 point production on offense was a great help for Mitchell and Garland. I was fortunate that have betted for the Cavs +7.5 @1.96 when the score was ties at 54 apiece at the end of first half, my first win in the playoffs hehe.

On the other series, Dallas stole one game from the Thunder thus bringing the momentum for them going into game 3.

Yes, just like when they lost the the Heat, they have a poor shooting and then the Heat was like 60%++ from the outside. And it makes this series more exciting as they will go on the Cavs home court.

So there could be psychological advantage for the Cavs now and have a chance to go 2-1.

Good win for you mate, although the Dallas stole one, Luka might not be 100% next game as he is limping and likely suffering from pain in his lowe body, could be his knees or foot.

Quote from: 0t3p0t on May 08, 2024, 03:35:34 PM

Quote from: bisdak40 on May 02, 2024, 07:56:36 AM

Quote from: jeraldskie11 on May 02, 2024, 05:37:08 AM

Baka isipin ng karamihan na ito na ang magiging weak low bago mag-explode ang presyo ng Bitcoin. Pero marami pang zone na posibleng puntahan ng presyo kase may mga imbalances pa na hindi pa nafifill. Tingnan nyo sa $45k na presyo, posible talaga yan puntahan. Kaya mainam din na DCA ang gagamiting strategy, huwag agad ubusin ang funds baka may ibababa ang presyo.

Nakakagulat talaga ang presyo ng bitcoin sa ngayon lalo na kung ikaw ay baguhan sa pag-invest gamit ang bitcoin siguradong mai-stress ka sa kakatingin sa mga pulang chart pero tama ka kabayan, gumamit lang ng DCA para kahit papaano ay hindi masyadong malayo or medyo makakabawi pa tayo kung aangat siya ng kaunti.

Yeah, kung ayaw ng stress kabayan the best na choice ang DCA kasi regardless of rice movements safe sya gamitin di tulad nung talagang lalaruin mo ang market medyo makakahilo lalao na kapag wala tayong masyadong knowledge about technical analysis tulad ko hinuhulaan ko na lang yung next na movement eh kaya panay luge. 😅

Effective talaga ang DCA hindi lang sa wala masyadong kaalaman sa pag-aanalyze sa market pati na rin sa mga may alam talaga. Mas malaking advantage naman kasi yung gumagamit ng DCA kahit alam naman talaga nila mag-analyze sa market kasi mas napapalaki ang probabilidad na magkakaprofit ka at mas napapaliit ang risk. Minsan kasi nahihirapan ang iba gumamit ng DCA kasi maliit lang funds nila, kaya ayun imbes na kumita kahit konti, nalugi pa ng malaki.

Oo at walang kahirap hirap nga sating mga non-technical pagdating sa mga trend line or technical analysis. Basta may budget ka every week at bibili ka in average at swak na budget mo then HODL lang ng pangmatagalan eh tingin ko maganda ang magiging profits nito in the future.

Problema lang na nakikita ko eh kung wala kang tyaga sa pagbili at i hold ng matagal o kung tumaas ng konti eh benta ka agad.

Kaya dito sa DCA matibay ang mentality mo week after week or month after month na pagbili.