Post
Topic
Board Bitcoin Discussion
Re: Bitcoin halving
by
Red-Apple
on 21/04/2016, 08:45:42 UTC
Do you guys think the law of Supply and Demand has a great effect with the halving? Or its a different thing, what if because of the halving, less miners would be interested and hence less supply of bitcoin, making people less interested. I'm just stating what I think, how about you?

yes it does have a big effect on the price, half the current amount is going to be rewarded to the miners so they will have half of what they had before to pay for their mining equipment and costs.
so they will only sell on higher prices to cover the difference.