Sup Forums the halving is coming up in May. What cryptos are you putting your bets on?
btc
xrp
zrx
and link for me.
Sup Forums the halving is coming up in May. What cryptos are you putting your bets on?
Landon Ramirez
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Benjamin Wilson
Bitconnect.
Mason Martinez
I'm sorry, the halving?
David Clark
when the reward for miners gets cut in half, therfore making supply go down and demand go up
Caleb Edwards
I take it this will increase the value of bitcoin?
Nolan Jenkins
yes that is what happened in 2017 that sent it skyrocketing
Luke Garcia
So, assuming I know nothing about investing or cryptocurrency, could you explain how I can make a profit from this? Is it as easy as buying a bunch of bitcoin before May and just selling it once it increases?
Lucas Johnson
I like Nerva a lot.
CPU solo mining only. Very decentralized.
Isaac Peterson
pretty much. same basic concept as stocks. buy low sell high. watch for trends. bitcoin increased 35% last week.
Thomas Powell
Is it expected to lower again before the halving? And once the value does increase, how would I then turn it back into cash?
Noah Foster
some people are saying it will. i personally think it will just keep going up. it is easy to buy and sell on exchanges. once you sell it becomes cash again.
Colton Collins
Thanks user
Angel Bell
welcome
Brayden Bell
>Nerva
I havent heard of that one
Ryder Wilson
>a decentralized currency free from tampering
Wait go back
Adrian Allen
I've been doing this for a LONG time. Bitcoin will be the only coin of value in several years. These shitcoins will bounce all over the place like XRP, LTC, ETH did, but it will all come back to Bitcoin.
TL;DR - Put your money in BTC.
Nicholas Murphy
Leo Hill
I saw a bitcoin atm at the gas station, can I put in cash there or should I use something like coinbase
Ethan Stewart
Coinbase is the easiest to start out with.
Justin Martin
Bitcoin should be called "Bitcon".
Imaginary money in an imaginary world.
Lincoln Flores
Whatever you say, Clark.
Kevin Young
It's a very small project that tries new stuff.
Pretty nice and based.
The dev is an aussie
Logan Stewart
"... therefore making supply go down and demand go up".
Thank you for your armchair economics--but your statement as it stands only addresses Supply (mining rewards), not demand.
That said, if supply reduces and demand stays fixed, the price increases.
As a crypto investor, it hurts me a little bit to see people making inaccurate or unclear statements with some sort of economic rationale that they clearly don't understand. For crypto to grow, it needs CREDIBILITY, not rampant speculation.