Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving: What is it?
by
serjent05
on 10/02/2020, 17:18:03 UTC
Maybe we can get something from this. What's your thoughts?
Bitcoin halving is an event that creates a huge hype in the Bitcoin market.  It also often signals the  Bitcoin Bull Market because of the rapid increase in demand for Bitcoin in the market.


Does the future of bitcoin be affected? Is this good or bad? Should we still invest in Bitcoin?

When a supply of any commodities is altered, it always affects the commodities' market.  In this case with Bitcoin halving, it means that the influx of new coins will be half thus, making it more scarce and the increase in price due to the increasing demand is highly possible.  The Bitcoin halving hype also increases its advertising power because of more people talking about it, exchanging predictions creating hype in the Bitcoin market anywhere.