Nobody said it was a solution.
They are halving the coin because it needs to be done. All 420 million coins mined in a year of existence is too fast.
Somewhere along the line people got it mixed it up that halving the coin was about the price and manipulating the market
It's gotten mixed up because half the people for the halving are spouting off about price and changing the supply/demand of markets. The supporters for halving don't know what they're halving it for. They just see $$$. I've already said the accelerated mining to completion was a valid point. But not valid enough for a 4 time a year halving.
That being said... why is an extended block time or a higher difficulty not being considered? Why does it need to be as drastic as a 4 time a year block halving? Extending the block time would not only extend long term mining, but it would also help prevent exploits that happen with coins that have fast block times. Raising the difficulty would throw the multipools off, which has been a bane of all coins.
AND AGAIN... where was the community poll here? Where was the discussion? Please point me to the poll. Anything I see in this thread about halving is a lot of people saying don't do it, and a few basically saying "too bad, we're doing it".
Do what you want. I won't make another comment about it. I'll just watch and wait.
-Fuse