Quote from: criza on February 04, 2020, 11:04:13 AM

Quote from: abdulfatah.busari on January 27, 2020, 11:02:50 PM

Hi guys.
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

Bitcoin halving would affect greatly in the standing and value of Bitcoin in the market, simple concepts about supply and demand indicates a decrease in supply causes an increase in demand and would make the price of Bitcoin to also increase due to the fact that Bitcoin halving is the literal halving of what the miners would get from mining.

I think, there would be a lot of people that would invest in Bitcoin and would hold the currency during and after the halving for a chance to sell it to a higher price and earn a lot of profit from it.

So you do talk or mention about interest of miners on said halving? I guess it wont really be that attractive too much for them.Block rewards been cut to half do you think that
it made them happy? thats still questionable if majority of them would continue or not yet rewards been cut and it will surely compromise profitability on miners side.
Only big players would consider on continuing.I dont know to the small ones.