How do you know that the sudden halving of the block-rewards doesn't affect additional volatility?
Basic economics principles of supply and demand suggests that a sudden halving of the supply inflation rate would cause prices to rise, causing a fomo wave, leading to a boom/bust cycle.
Indeed, the price history chart is not inconsistent with this explanations (although the sample size is small).
(Thanks. Yes, I meant the block-reward halvings.)
coinbase halving
it is called block reward halving since it is the "reward" that halves.
coinbase is a transaction, you can't halve a transaction!
Why not have a 0.0000033% per-block coinbase reduction (to achieve the same halving in 4 years, but smoothly)?
Wouldn't it be better in that it'd support stable price/rise?
because price isn't volatile because of halving to become stable if we change it!