Post
Topic
Board Speculation
Re: What are possible scenarios for the block halving?
by
Sarthak
on 25/09/2015, 17:40:16 UTC
What things could happen with the btc price when the block halving occurs? will the price go down due to miners cashing out? or will the block chain slow down due to miners shutting off their mining equipment? will the price go up because of less daily bitcoin created? what will likely happen?

IMO, it depends. If everything goes normally and the miners don't shut off their mining equipment, Then the supply of coins will decrease by half.

Less supply + More Demand = Increase in price.


Correct me if i am wrong. Smiley

Edit: I speculate the price to go up at least by 150%