Post
Topic
Board Bitcoin Discussion
Re: Bitcoin = Proof of Scam ?
by
AVE5
on 13/04/2024, 05:23:05 UTC
I haven’t read it in years but I am pretty sure it talks about it in the white paper. He says that every 210,000 the block reward will be cut in half. There is also some mathematical formula to prove all of this.

Why is the halving bad? Are you a miner? Most welcome the halving because it reduces the selling supply because less issuance and less sell pressure.

If Op was a miner he wouldn't be in so much doubt or I would say grieve? Maybe yes or no. Op may just be an investor who's not feeling excited with the fluctuating manners of the bitcoin values. Haha.
He could just want the halving to come maybe so he could accumulate more to how holding or he wants the halving to just pass by so the price of bitcoin could skyrocket following the bull run so he could make some huge amount of profits with his holding.
I think I've heard of such aggressive bitcoin holders.

Op, we're all aware that halving comes in every 4 years but doesn't have a specification day for its kick rather we should understand that the trigger of the halving is usually based on the velocity dispatch of miners.