How likely is the bitcoin price going sub 1k when the halving collapse happens?

>Less bitcoin will be mined
>Price will go down

I feel like im being gaslit. This goes against every law of supply and demand. Is this a brainlet test to screen out people who lack reading comprehension and common sense and dont deserve to make it, like with Link.

What does oil have to do with electricity -> graphics cards -> bitcoin ?

Since 80% of mining is in China where everything is cheap anyways, they can still be profitable after the halving.

>like with Link
What do you think of Chainlink?

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I think its fundamentals are sound and I can see it being an integral part of the global financial system in 10-20 years.

Who the fuck will buy though with unemployment rate sky high, imo it eill crab for months

Mining stop, projected circulation is reduced, wallets still become lost, supply reduces.
No matter which way you cut it, the price rises.

then why you call linkies basically idiots?

there's simply too much demand. halving will make the price go up this season, mark my words. (((screencap this)))

No, the idiots are the people who can read what Link does, who can see the countless partnerships and integration, aand not invest. Thats my point, saying the halving will cause a price drop feels like the same reverse psych fud as Link. People will panic sell and get fucked, because I have no doubt the price is going to moon hard if you cut output in half.

this is an s2f fan level response

trusting the chinks to be responsible with money, especially loans collateralised in btc is an absolute lolocaust

those miners have so much of their shit on credit backed by bitcoin that everything is about to be rekt by the halving, it's the opposite situation to 2016, gonna be hilarious tho, lookin forward to picking up the bags dropped at 2k

>graphics cards
>bitcoin
You're totally out of the loop, buddy. Graphic cards aren't used for mining BTC since years. Miners these days use ASICs (Application-specific integrated circuit).

wishful thinking at its best... I also want to make a lil money off of crypto but whale money and the scam system we are slaves to might shit on our dreams once again.
You talk like me a few years ago lol.

If there was truly demand we wouldn't be going into the halving at a pathetic 7k.

Listen up retard, this is still a bear market and the bottom wasn't in yet

The question we should be asking is,... will alts decouple?

read somewhere approx 70% of mining going on renewables. Even that loser lil bolivar dictator or who started using state hydroplants for mining and confiscating gpus and asics from the pleb who had too high elecricity bills lol. This was cirka 2 years ago.
Btc miners might leech the life out of btc at this point so they need the halving.

If it is as you say it is why would you buy it at 2k? Wouldn't you go for another coin instead?

If people expect something to happen then it is not going to happen. That is why all these people who are invested in the halving pump coming true again are going to get rekt.

3 years user. 3 fucking years and all you did were getting rekt instead of buying.

Possible if Eth2 actually causes the flippening

Proof of stake is the future no doubt

Just bought a bitcoin for under 10k. Feeling bullish after reading about the halfing on cnn

Well the rule is to buy low and sell high

I am expecting capitulation around that price level. It doesn't mean Bitcoin's dead, it means that all of the speculative exuberance and crypto twitter roasties have been finally washed out of the system

then you ride it to 30k

fuck other coins, they're all absolute dogshit