Normie here, why would crypto go down during a halvening? surely it would rise as there is the same demand for half the product now?

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Anonymous Mon Apr 20 09:04:40 2020 No.18568223 [Reply] [Original]

Normie here, why would crypto go down during a halvening? surely it would rise as there is the same demand for half the product now?

>>	Anonymous Mon Apr 20 09:07:45 2020 No.18568268 >>18568223 Halving happens Cheap rig miners no longer make profit from mining because they get less money they all sell their crypto market drops

>>	Anonymous Mon Apr 20 09:12:26 2020 No.18568350 >>18568268 ah ok, thanks man

>>	Anonymous Mon Apr 20 09:18:07 2020 No.18568448 >>18568268 >they all sell their crypto of course, they would wait till price is low to do this (:

>>	Anonymous Mon Apr 20 09:50:50 2020 No.18569046 >>18568268 another priced in narrative

>>	Anonymous Mon Apr 20 10:00:16 2020 No.18569231 >>18569046 pretty much - somehow I doubt these cheap rig miners mine THAT much to begin with and even if they did, they just sell everything they mine continuously to pay for their operating costs.

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