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Except that this generation rate halving in price is a predictable, known event, and therefore already factored into the price of BTC.
by maaku 14y ago
Except that this generation rate halving in price is a predictable, known event, and therefore already factored into the price of BTC.
- elemeno 14y agoI'd qualify as =might= be factored into the price of BTC. Whether it is or not depends in (large?) part on the financial acumen of people trading BTC and if they're bothering to model what the effects will be.
- jamesaguilar 14y agoIf you assume efficient markets, yes. Nothing I've seen about the bitcoin market so far would suggest that it's efficient. Low volume, ideological motivations, unstable technologies, few really safe places to store value, etc.
- maaku 14y agoOh, safely storing value isn't a problem: bitaddress.org. Safely storing value while keeping it liquid, there's a problem.