Post
Topic
Board Economics
Re: The Halving - Good or Bad for Bitcoin?
by
Adrayrd
on 06/07/2016, 14:09:43 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...
The halving is far from good to the bitcoin because there are allot of people thinking that the price is halving but that is not what it means
the halving affects the blocks where miners are searching for so now you all know iut.