Post
Topic
Board Economics
Re: The Halving - Good or Bad for Bitcoin?
by
torrentheaven
on 22/07/2016, 20:38:44 UTC
For me, everything that can make the price of bitcoin increase will be good for bitcoin and The halving is make the price of bitcoin increase. So yeah, the halving is good for bitcoin.

Halving will only be good for people who got stock on their wallet due to contentious increase of bitcoin price but for people who just starting bitcoin will having hard time to cope up and might lose money due to fluctuation price of bitcoin.
Not even continuous as this time, but surely a good profit will be given for those who's holding big funds. A sure increase will happen maybe not now but for the coming years.

I think to see the higher price we need to wait till the end of the year, as by then there will be many people who will prefer to buy which will take price to a higher level.