Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: What to know about Bitcoin Halving
by
BVeyron
on 10/10/2023, 20:45:15 UTC
Quote from: Best-mary on October 09, 2023, 07:36:39 AM
How is everyone doing? So I stumbled upon a very interesting topic where the user was asking about halving in Bitcoin beginners. The response to that question was so interesting so I thought of sharing it here. Because I believe this answer would clear a lot of newbies and some that don't know about what would happen to Bitcoin during or after halving. I really hope this helps so many people

https://www.reddit.com/r/BitcoinBeginners/comments/173epdp/what_happens_to_the_price_of_bitcoin_during/k42gkfw?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button

Enjoy!

Halvings are significant events in cryptotrading, so its useful to understand the mechanism of halving... In general, there is a possibility of a bull run during halving, since the price of mining power reduces by half. Also, halving is the key factor in development of mining technologies, since more mining power is needed after it.