As the title says, is the halving good or bad for the price of bitcoin?
The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.
But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.
What's your verdict?
I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
Im looking forward to the halfing mainly because its going to bring something new and exciting to the bitcoin currency. whether it will be good or bad i dont yet know. but i hope it turns out to be good for bitcoin.if the price of bitcoin jumps up its going to bring a lot of popularity to bitcoin like the time it did when the price hit 1000