What is the significant of bitcoin halving

[Lida93]

The news of bitcoin is going viral in some part of Africa,including my country where I am from. This makes me eager to know about bitcoin and it's block chain technology,to enable me key into the cryptospace. I am from a third world country and don't have any money to buy bitcoin.
I decided to look for where I can learn and have the proper knowledge of bitcoin first,before I can think on how to buy and invest in bitcoin so that I don't end up regretting any of my actions after I have purchase bitcoin.

As an African I am impressed with the growing rate of the spread of bitcoin and the acceptance it's gain among the industrious youths.  However the lack of money seems to be a partial barrier in terms of having ownership of bitcoin. But, OP for someone like you that have found himself in the forum if you have any ICT skills like a web/graphic designer etc,  you can render your service to those who might be in need of it in exchange for payment with BTC . And in that way you can own bitcoin without having to wait until you have fiat money in purchasing it.

Your interest in wanting to learn as to have proper knowledge of bitcoin first before delving into any form of investment on it is a wide decision that not all newbies posses and I'll like to drop some few materials that can be useful.
How to earn Bitcoins (by Lauda) https://bitcointalk.org/index.php?topic=1629118.0

Mastering Bitcoin
https://github.com/bitcoinbook/bitcoinbook

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[Jon_Hodl]

The halving is the predictable reduction in the issuance of new bitcoin and it is significant for a few reasons.

- It cuts the block subsidy in half and reduces Bitcoin's inflation.
- It increases the stock-to-flow ratio of bitcoin.
- It has a significant impact on the profitability and sustainability of bitcoin miners

The Block Subsidy
Every 210,000 blocks (approximately 4 years) the supply of newly generated bitcoin in each block (commonly called the block subsidy) is cut in half which ensures that Bitcoin's inflation is kept under control and slows to a halt over time. This predetermined and known reduction in the block subsidy is an important part of what keeps bitcoin scarce.  

Stock-To-Flow Ratio
The stock-to-flow (S2F) ratio of any given asset is a way to measure how "hard" or scarce money is which is a good way to tell how well something will be able to store value into the future. A higher S2F ratio indicates that the commodity is more difficult to produce, making it more resistant to inflation and a better store of value over a long period of time.

When the halving takes place, the stock to flow ratio of bitcoin increases which makes bitcoin a "harder" money because it is now that much more difficult to increase the supply of. The stock-to-flow ratio of any given asset is the current global supply (stock) and the current rate of inflation (flow) will change. Since the flow is cut in half, the stock to flow ratio increases.  

Impact On Bitcoin Miners
One of the most important impacts of the halving is how it affects bitcoin miners. Since miners are (currently) primarily compensated with the block subsidy, the having causes the least efficient miners to shut down their mining operations and either relocate to part of the world where there is more abundant and cheaper electricity or sell their hardware to someone else who has access to cheaper and more abundant electricity. This is an incredibly important feature of bitcoin mining because if there was never a reduction in the creation of new coins, bitcoin miners would continue to consume more and more electricity to mine more bitcoin with no real end in sight. The halving (as well as the difficulty adjustment) ensures that only the most energy efficient miners are able to continue to operate. When miners have to shit down or relocate their operations, the electricity consumed by less efficient miners will be freed up to be allocated doing something else that consumers are willing to pay more for.

[ZAINmalik75]

I have read about bitcoin halving which will becoming up next year,what is the significant of this and how come that this happens ? Is it caused by miners or that is how bitcoin technology was designed ?
Gracias

Bitcoin halving is an important part of Bitcoin protocol which usually occur after every 4 year. Bitcoin halving is a design code which fit by the owner of Bitcoin Satoshi nakamoto in Bitcoin protocol during launching to control the supply of Bitcoin and ensure that it retain it's value over a time.
Through halving the reward of miner reduce to half as a result BTC become increasingly scarce, and due to that reason we got a rise in BTC price. Halving play a role of like revival in Bitcoin cycle which revive the price of Bitcoin after every 4 year.

[Woodie]

If bitcoin halves, the supply will reduce.

This is misleading.

During a halving the supply does not reduce. The supply will continue to increase until the final halving event in ~2140. What does happen during a halving is that the rate of increase of the supply reduces.

It is true that it is misleading, I would say that the supply of new coins is decreasing because of halving instead of saying that the BTC supply is decreasing.

I guess these terms we throw around arent fully understood because i equally thought it was misleading

But is it safe to say that all what bitcoin halving is all about is to reduce the supply of new coins into circulation as mining difficulty goes up meaning low supply, high demand(*** though demand is not guaranteed as it could drop**)  which equals to prices forced to go up.

[nakamura12]

I guess these terms we throw around arent fully understood because i equally thought it was misleading

But is it safe to say that all what bitcoin halving is all about is to reduce the supply of new coins into circulation as mining difficulty goes up meaning low supply, high demand(*** though demand is not guaranteed as it could drop**)  which equals to prices forced to go up.

That's the idea so that all the total BTC won't be mined in such a short time and I think that's why there's halving after 210 000 blocks are mined. I know that you are aware of the other reasons why it is like that just like what you have explained. I think it is not that easy to explain or to make people understand about a topic when you are not explaining it in person or live. I also am not good at explaining things by words but I try my best