RE: POLL : Did you expect bitcoin price to surge pass $1000 upon the block halving?

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POLL : Did you expect bitcoin price to surge pass $1000 upon the block halving?

in bitcoin •  9 years ago 

It did. Price increased to compensate with mining loss of revenue. This time miners have really lost 50% of there profit capabilities.

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9 years ago by

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      ·  9 years ago 

    No, it didn't. Not on the timescale that you seem to imagine. The "17" on this chart (I screenshotted bitcoinhelp is the first halving day:

    BTC didn't go to the moon until months later.

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