Post
Topic
Board Economics
Re: Bitcoin halving to be canceled?
by
deisik
on 13/11/2015, 17:31:49 UTC
WTF is this thread Huh
A block reward halving already happened from 50 to 25 BTC. Nobody got crazy, everyone knew what was happening.

Why should anything be different in July? 12.5 BTC per block is your new game. Get used to it, and get used to a higher USD/BTC ratio.

well in theory because the lower the block reward the less margin miners will have for they profit, it mean that they must rely more on the price increase, so it make in theory, sense that they are against it

but they know that changing anything so critical about bitcoin will actually kill their profit anyway, so nothing will really happen by this point of view

Don't think there'll be a profit loss. Same thing happened from 50 -> 25... And we're still okay Smiley

yeah because the price went up, it was not at 230 before(now above 300), when the block was 50, as log as the pirce increase miners will be fine, no matter the reward

I remember you saying not so long ago that the longer the price is (was) at 230, the longer it will (would) be there... Aren’t I confusing you for someone else, lol?