Post
Topic
Board Economics
Re: The Halving - Good or Bad for Bitcoin?
by
Skaven
on 05/07/2016, 14:49:13 UTC
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...
It is not quiet bad for the bitcoin because we already know that it would happen when we are reaching the half amount of the bitcoin. So it wont affect the price allot
but the miners will have much trouble with it there are allot of miners who needs to stop after the halving because it is not profitable anymore.