Quote from: mk4 on Today at 07:04:27 AM

Quote from: odolvlobo on Today at 12:53:07 AM

Quote from: mk4 on March 31, 2020, 12:15:36 PM

a lot of people are assuming that the mining difficulty approximately a month and a half from now is going to pump bitcoin's price because the selling pressure from miners is going to be cut in half because the bitcoin that's going to be "minted" is going to be halved(hence why it's called the "halving").

That is a very common misconception. The supply of bitcoins continues to increase toward 21 million despite the halving.

I mean, I never said that the supply isn't going to increase. I just said that the rewards are going to be cut in half hence potentially half the selling pressure from miners. Not sure which part of what I said you're referring to specifically?

What do you mean by "selling pressure"? Don't you mean supply? Remember, the supply is always increasing regardless of who owns it. Also, bitcoins are not consumed, so bitcoins sold by miners yesterday are still available to sell today.