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Author Topic: Advantages of Bitcoin halving  (Read 253 times)
EluguHcman
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May 15, 2024, 06:12:53 PM
 #21

People don’t even look into the disadvantage of bitcoin like they do to the advantages. The advantage of it is what brought many people into the crypto space just at the time when the halving is fast approaching. The rise in price of bitcoin that follows after the bitcoin halving and the period of bull run is what entice many people to join also. The disadvantages is mostly felt by miners and the law of demand and supply intercede and makes everything balance for them. So in the end, it’s a win-win for all, both miners and investors.
You have talk so well but if the halving event of Bitcoin is to balance the Blockchain equation, then it is of no disadvantage. If we must consider miners rewards being cut half as the point of being disadvantage, then we must also consider investors who had invested, hodled and had accumulated appreciable figures of Bitcoin to their assets as well..
To me, the halving event results to reduce total number of mined Bitcoin which affects miners and investors.

Let us just say the halving is an opportunity for investors to buy and accumulate more of Bitcoin to increase their assets volume and also a period of interested persons to come on board.












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Uhwuchukwu53
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May 18, 2024, 05:27:12 PM
 #22

People don’t even look into the disadvantage of bitcoin like they do to the advantages. The advantage of it is what brought many people into the crypto space just at the time when the halving is fast approaching. The rise in price of bitcoin that follows after the bitcoin halving and the period of bull run is what entice many people to join also. The disadvantages is mostly felt by miners and the law of demand and supply intercede and makes everything balance for them. So in the end, it’s a win-win for all, both miners and investors.

As a first experience wouldn't speak much but is see that this halving is good for beginner who have not accumulate enough BTC to because the little breakdown in price or bearish nature can enable investors who have less to accumulate greater number of BTC he wouldn't have when consider to buy when is at ATH, despite new in the system is believe too well that it's also a balance for those who are seeking for better opportunity to enter the market in terms of accumulating.

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