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Author Topic: How does the halving influence bitcoin's price?  (Read 9691 times)

Offline UNIVERSE

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Re: How does the halving influence bitcoin's price?
« Reply #15 on: June 20, 2020, 11:23:46 PM »
Bitcoin halving means that the block reward is halved and it makes the miners can get the reward smaller. In this case, it will lead the fees higher enough in order to make the miners still able to get worthy earning. And soon after halving, the supply of the block reward is smaller half, so it will lead the price of the BTC higher.

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Re: How does the halving influence bitcoin's price?
« Reply #15 on: June 20, 2020, 11:23:46 PM »

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Offline Noverteno

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Re: How does the halving influence bitcoin's price?
« Reply #16 on: June 22, 2020, 04:36:00 PM »
Despite much anticipation, the effects of this halving will be limited to the medium and long term. It may take up to 12 months before investors reap the rewards of post-halving price movements.
Yes, the price effect of dividing bitcoin in half should be manifested in the medium and long term. However, in general, the cryptocurrency market may soon grow rapidly in price if inflation grows and the ordinary currency of countries depreciates. Then the demand for cryptocurrency can skyrocket as an anti-inflationary tool. Everything seems to be going towards this.

Offline Michael.sol

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Re: How does the halving influence bitcoin's price?
« Reply #17 on: June 25, 2020, 05:20:48 PM »
I also assume that there is not too much Memeber Infact me also didn't know how halving work . Everybody have good hope that in 2020 halving price of Bitcoin increasd but there isn't too much effect we see on Bitcoin price .

 

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