I'd assume that it will cause the price to jump up pretty quick. The price has jumped up $140 in a week or two due to all of this noise around the halving, and I doubt the price will drop immediately afterwards. The price could go back down a couple hundred dollars, but I'd expect all of the news around bitcoin to push the price up to around $1000, then it should drop down to $600-700 again. Right now it's $580, up from $440 even though the halving hasn't happened yet. Even if mining is much less profitable due to the halving, that will lead to more people buying bitcoin instead of mining it, pushing up the value even further.

Overall, I'd expect the halving to be good.

I appreciate the effort you put into this book and making it free, I'll read through it and see what I can learn. Thank you.

That makes sense. I'll do some further research into the topic and let you all know what I find out.

I agree, over a short term. But the point of a cryptocurrency based stock market with a set amount of coins to be released should, theoretically, have a cap on inflation at whatever the maximum release is. Other currencies just allow governments to print money whenever they want. It could take a few years to become practical, but once Bitcoin and other currencies reach their respective caps it should be an option worth exploring.

Hello, I just joined this forum based on an idea I had a few minutes ago. I've had a bit of money in bitcoin and I'm looking at other currencies such as Etherium. Taking a look at the values of these currencies on https://coinmarketcap.com/, I noticed their relative volatility, not unlike a stock market. Both of these are objects of concern when it comes to growth and volatility. Everybody want these currencies to go up in value, stocks too. Nobody wants them to crash. Bitcoin's coin cap presents an opportunity to stop these problems. With a solid amount of bitcoin to be released, 21 million, this currency isn't going to be subject to fluctuation or inflation like the fiat currencies. Part of the stock market's volatility is based on the value of the dollar currently and the value of the dollar in the future. It's complicated, I don't fully understand it myself. But removing this volatility with bitcoin presents a valuable opportunity for security worldwide and a more intrinsic valuation of bitcoin. If you can purchase a stock with bitcoin, many more people are likely to accept it as money. Once bitcoin hits its cap, it is likely to only go up in value as there are only so many to go around. This can only mean good things for both the currency and its potential market, as the coin would have more value over time. Valuations of stock could occur more based on how the company actually functions and performs, rather than also relying on how the dollar or euro is doing that particular quarter. Though this is just a nighttime idea, I'd like to discuss the possibility and pros and cons of this form of market. Anybody else interested?