If the price of Bitcoin is determined by trading on the exchanges, why do people think the halving will cause the price to rise?

Connecting the event of halving of bitcoin block creating award to rising of pricing is an expression of wishful thinking in the part of holders, HODL-ers, and investors in Bitcoin.

The actual result of the halving is lowering of the profitability of Bitcoin mining - it may lead to less mining nodes or existing nodes redirecting mining to coins with bigger mining rewards.

Project home               Q&A home

    Send us an email        Instagram - Decentralized Web        Twitter - Decentralized Web        Telegram - Decentralized Web        Tik-tok - Decentralized Web

Go To Top               Become a User - start getting rewards