Topic: Bitcoin halving to be canceled? - page 33. (Read 33718 times)
Can not cancel something that is build into the design.
Halving will happen. If it were to be "deleted", price would not increase. The FIRST thing miners want is a price increase.
This is not a given (that it will). And if it will, it should double (and do it fast), to offset the loss of profit by mining, right? Kinda seems like hardly possible...
Then again you seem to forget what makes Bitcoin roll
Halving will happen. If it were to be "deleted", price would not increase. The FIRST thing miners want is a price increase.
What?
Who has the most power over Bitcoin? Right, these are mining pools. Who is most interested in preserving the current block reward? The same mining pools...
Who gives a fuck what the pools do, it's what the miners do.
Mining pools act on behalf of the miners. Besides, do you understand that the miners will be the first to welcome the cancellation of halving?
What?
Who has the most power over Bitcoin? Right, these are mining pools. Who is most interested in preserving the current block reward? The same mining pools...
Who gives a fuck what the pools do, it's what the miners do.
I see a .000000000000000000000000000000000000000000000000000000000000000000000000000000 00000001% chance miners agree to risk the value of bitcoin and change the 21 mill target.
will not happen. it's something you can't mess with as satoshi made bitcoin in the way he think it will work in the best way possible for us. the community would defenitely not agree with this.
What is community?
I think the reward halving might have devastating consequences on the Bitcoin ecosystem. People seem to forget that Bitcoin is not just a digital currency. It is also a payment system which is backing up this currency, and its success (or failure) predetermines Bitcoin's ultimate destiny as money...
will not happen. it's something you can't mess with as satoshi made bitcoin in the way he think it will work in the best way possible for us. the community would defenitely not agree with this.
What?
Who has the most power over Bitcoin? Right, these are mining pools. Who is most interested in preserving the current block reward? The same mining pools...
There was much hype about the Fed raising interest rates in 2015, but we are still there, at the lowest possible level (wtf, it is even no longer the lowest possible limit). Bitcoin halving in July, 2016, is talked about as much, but will it really happen?
I ain't sure
I ain't sure
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