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Re: sorry what is halving the price will rise e or reduce?
by
busybee7
on 09/04/2016, 12:18:38 UTC
so seen people saying halving all the time? what is it  so when bitcoin halving the price reduce or rise?

halving will halve block reward for miners, so to get profit, price of course will have to go up, or miners will leave their jobs and this would be very bad news for bitcoin, but  i think that price will rise and bitcoin will be alive for next 10 years for sure, and no if you think that halving will reduce price of bitcoins then no, it won't