Post
Topic
Board Speculation (Altcoins)
Re: bch - halving
by
Javi_Anibarro
on 12/09/2019, 15:34:14 UTC
halving is only effective under two conditions:
1. the coin is actually being used, or in other words it has real usage so the new supply generation cut in half can disturb the balance between supply and demand and lead to a rise.
2. the coin is useless but hyped up and gets pumped for no reason.

BCH has neither one of these reasons. it is useless so there no demand. halving can even damage it as it reduces the profit of miners by a BIG amount (half) and they can leave. also it is not hyped up anymore so pump chances are dim.

i agree with you, halving will reduce the miners reward,
and in my opinion because the miners reward decrease, i think the demands will coming to BCH buddy
so, this event will push the price up  Wink

The demand itself has nothing to do with halving, even if you make your project halving daily. Without sufficient demand, the price will eventually decline. The only reason why some project got pumped after the halving was due to miners themselves. In order to protect the network, they need to keep the miners on the track.
and without a doubt it leads us to another pump.