Optimism is the best bet because the world tends to get better most of the time.
But pessimism holds a special place in our hearts. It sounds smarter. It's intellectually captivating and it's paid more attention than optimism, which is often viewed and being oblivious to risk.
Can't wait @DigiEconomist to build the "world wasted hydroelectricity production country index", watching it growing faster each year and exceeding the "bitcoin consumption country index" by a large margin.
@psycho_sage@dudek3322 Errybody and their grandmother is speaking about the halving almost 2 years before. In 2016 it wasn't even sure it would have a positive impact and the worry was important.
I don't want to be rude, but I think it already has been price in 2017 Ath. The rest is now history.
"many things are different now. If the price doesn't go up significantly after this halving many miners will have to shut down and that is not a good thing.
Realistic view should be price in the range of $500-750"
@psycho_sage@dudek3322 "mining profitability & outflow of market participants may signify reduction of bitcoin’s investment prospects. Its further popularization & acceptance in that case may also be subject to fading.
Back in 2012, [..] the halving had no effect on the price"