Post
Topic
Board Bitcoin Discussion
Re: Bitcoin halving
by
odolvlobo
on 23/04/2016, 23:45:24 UTC
The Bitcoin havling can be a good thing and a bad thing. For the people that want to buy bitcoins this is a good thing because the price will get halved so the coins get cheaper. If you want to sell this is less good news.

Huh the price won't halve... the supply of BTC will halve. I doubt the price will go down, in fact, i believe the price will increase. Regardless, even if the price does decrease, it is not because the price will halve.

The halving halves the production.  It doesn't halve the price and it doesn't halve the supply. The price is determined by the market, and the supply increases with every block, whether the subsidy is 25 BTC or 12.5 BTC.