Post
Topic
Board Beginners & Help
Re: What really happens on halving?
by
Anemed
on 03/11/2016, 23:10:44 UTC
Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?
On Halving the Reward For Solving a Bitcoin Block is Halved Means it Goes Down From 25 Btc to 12.5 Btc and Then the Mining is Not Profitable and Also the Transactions Gets Slower Because of Mining Firms Quit Mining Because Of Less Probability and Now Mining Doesn't Cover Your Expenses....



You at Right bro. Due to that we can find supply and demand in bitcoin. Then price value of the bitcoin also will increase accordingly.
When the halving occures, the money stays at one plays. It takes time to come out. Ths demand reduces. So ghe price wpuld increase automatically. This is why all wait fot its day. Many sèe good profits. Many start trading. Can really hope in increase.