4 ms·
Why would that not already be factored into the current price, especially given how established Bitcoin is by now?
by p49k 7y ago
Why would that not already be factored into the current price, especially given how established Bitcoin is by now?
- roboys 7y agoThe price discovery period doesn't end until all potential participants have entered the market and all coins have been mined.
- typest 7y agoCan you explain this a little more? I’ve always wondered about this question.
- naveen99 7y agoprice discovery is the process of moving the price until you encounter more market resistance than you can handle in both directions. The process doesn't really end. It has to be redone after any new information comes to market. halvening is not new information, so basically irrelevant for price discovery.