Post
Topic
Board Speculation
Re: sorry what is halving the price will rise e or reduce?
by
pearnapple
on 16/04/2016, 10:50:39 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 by half, so that means that miners will earn less money from mining and it can even be unprofitable

So to get profit, price will have to rise, i think that it will rise to 800$ or so atleast, so miners won't leave their jobs, also halving will happen in July