Post
Topic
Board Economics
Re: The Halving - Good or Bad for Bitcoin?
by
deisik
on 05/07/2020, 18:43:30 UTC
halving makes bitcoin slower to be mined. however, if the price does not rise, then it might be bad for some people

It may be bad for some people

And good for some other people (who are shorting, for instance). And halving doesn't affect times between network confirmations. It may affect them if the hash rate drops abruptly, but this impact will be temporary anyway. In a weak (on average) the difficulty will readjust, and everything will be back to normal. Bitcoin accounts for such things