Bitcoins - digital currency - Page 2107 - Business, Finances and Investing Forum

Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on 2p2 asking whether BTC has priced in the halving or whatever, know that it has already been priced in and don't ask such a dumb ****ing question again.

Since many people in the world have no bitcoin yet , many have no idea what halving means, many will eventually be future buyers of bitcoin , etc .

I’m not sure it’s all priced in.
It’s priced in for the present costumer ?
Maybe but I would bet that not all etf buyer of bitcoins knows an halving is coming soon shrug .

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04-16-2024 , 11:36 PM

#52652

NLOmahaHL

grinder

Join Date: May 2014 Posts: 610

Quote:

Originally Posted by madmansam

I couldn't have gotten a more entertaining response to my question. Thank you.

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04-16-2024 , 11:48 PM

#52653

27offsuit

actions have consequences!

Join Date: Jul 2004 Posts: 38,526

Is absolute scarcity for the first and only time in the history of mankind priced in?

It's a bold strategy, Cotton. Let's see if it pays off for them.

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Yesterday , 12:06 AM

#52654

raiders72001

enthusiast

Join Date: Jun 2009 Posts: 91

Quote:

Originally Posted by Hellmuth was right

what could go wrong betting on a sample size of 3

Bitcoin is by far the largest gaining asset class 3 out of every 4 years. Those that keep waiting are missing the boat.

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Yesterday , 09:46 AM

#52655

Brokenstars

Verified Coach NLHE

Join Date: Jul 2012 Posts: 16,093

My parents are in their 60's and know of BTC, but know literally nothing about it. I told my dad the other day that BTC recently got to a new ATH and was currently $70k and he was confused... he literally thought it went to $0, that it was a scam, etc. I tried explaining it to him and he seemed interested, but more of in a way to just not offend me I think. So, yeah you got people that know of BTC, but they don't know anything about it.

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Yesterday , 10:34 AM

#52656

lonely_but_rich

ɔarpal \ʇunnel

Join Date: Mar 2009 Posts: 24,110

Show him this:

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Yesterday , 10:43 AM

#52657

SootedPowa

veteran

Join Date: Jun 2013 Posts: 3,322

Quote:

Originally Posted by madmansam

absolutely incredible

Last edited by SootedPowa; Yesterday at 10:44 AM. Reason: and thanks for editing the post to give credit to the op, its still incredible.

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Yesterday , 11:16 AM

#52658

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,015

if I had to guess, you guys will get to stack at 50k here

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Yesterday , 02:09 PM

#52659

NLOmahaHL

grinder

Join Date: May 2014 Posts: 610

Diamond hands, hodlers, Diamond hands.

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Yesterday , 06:40 PM

#52660

Hellmuth was right

Pooh-Bah

Join Date: Aug 2016 Posts: 5,792

Quote:

Originally Posted by NLOmahaHL

Diamond hands, hodlers, Diamond hands.

Diamond hands does not apply when we are 15% off ATHs

sorry i dont make the rules, just enforce them.

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Today , 01:00 AM

#52661

raiders72001

enthusiast

Join Date: Jun 2009 Posts: 91

20%, 30% and 40% dips have happened during every bull run.

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Today , 02:16 AM

#52662

5 south

Carpal \'Tunnel

Join Date: Aug 2008 Posts: 6,665

Quote:

Originally Posted by raiders72001

60%, 70% and 80% dips have happened during every bull run.

fyp

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Today , 10:55 AM

#52663

27offsuit

actions have consequences!

Join Date: Jul 2004 Posts: 38,526

I have a question I would like the answer to before finding it myself:

What specifically is going to make bitcoin 'harder than gold' after the halving?

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Today , 11:17 AM

#52664

unit18

grinder

Join Date: Feb 2007 Posts: 437

Gold has no cap. Mined daily. Corn’s limit is locked in. Gov’t can take away your gold if they choose to.

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Today , 02:26 PM

#52665

raiders72001

enthusiast

Join Date: Jun 2009 Posts: 91

Quote:

Originally Posted by 5 south

fyp

To clarify, 20%, 30%, 40% dips happen during each bull run. When the bear market starts, the crashes are 60%, 70%, 80% from ATH.

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Today , 04:25 PM

#52666

BattleAxe

enthusiast

Join Date: Jun 2013 Posts: 77

How does a government taking your gold look different than a government taking your bitcoin if the government knows you purchased either at some point in time? You can bury your gold and say you lost it or sold it. You can memorize your bitcoin seed phrase and say you lost it. Obviously, Bitcoin is vastly easier to transport within and across borders.

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Today , 04:50 PM

#52667

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,451

Quote:

Originally Posted by 27offsuit

I have a question I would like the answer to before finding it myself:

What specifically is going to make bitcoin 'harder than gold' after the halving?

That's a non sequitur... btc was born harder than gold.

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