Bitcoin Forum
December 18, 2017, 09:08:35 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2016-02-10] Will the Upcoming Mining Reward Halving Impact Bitcoin’s Price?  (Read 163 times)
sirohige
Hero Member
*****
Offline Offline

Activity: 504


"I'm not done yet! No one can stop me! Gah ha ha!"


View Profile
February 11, 2016, 12:59:18 AM
 #1

The reward for mining Bitcoin is expected to see the second halving in its history later this year, potentially in June or July.
Bitcoin, a deflationary store of value as opposed to reserve currencies and fiat-money, has had its total supply limited to 21 million bitcoins since the original code released by Satoshi Nakamoto in 2008. Unlike fiat currencies that can be printed at will by central banks, the total supply of bitcoins is fixed by the consensus rules of the system. Because of its deflationary nature, the digital currency is often compared to precious metals such as gold, which also undergo a resource-intensive creation or mining process.

https://bitcoinmagazine.com/articles/will-the-upcoming-mining-reward-halving-impact-bitcoin-s-price-1455126224
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!