I'm told it is a good investment strategy to find coins with imminent block reward halving points. Because after that point the coin becomes a bit harder to mine, and more scarce.
I know of one coin about to half in a few days -- EMC2, do you know of any others?
Then do your own research. Why do you want someone to work for your profit?
This is called sharing, I made my contribution by telling everyone about a coin I know that will be halving in 2 days.
I would hope other people would do the same, this way everyone who participates gets to enjoy in the shared effort.
What's with the poo-poo, someone took your doll?
Look at this from the other hand. You shared your knowledge about EMC2 and the hint that halving makes coin go up in price. That means that some people would buy into EMC2 and this definitely would make some other people sell EMC2 at the current ask price.
There is no actual reason to go prices up when reward is halved. The halving does not create any additional value. It only slows down the inflation.
Yes, I agree that there are multiple ways of viewing this.
As I was told, the halving results in more difficulty in getting 'new' coin, so the usual or expected demand is now directed to a smaller resource pool.
From what it sounds, most people don't consider this to be an investment tactic, or for those who do they keep it quiet.
Nevertheless, its not major news, most folk in the crypto world won't be viewing this thread so it's still no big deal.
If a hand full of people decide to make it a thing then it actually will benefit that hand full of people. Of the 1000+ coin ~500 of them are ~6 mos old so this is probably halving season for many other coins.
This will be my first time experiencing the halving thing but it makes sense on paper so I will see. If there are other coins in the same position I want to further consider the opportunity there too.
I'm told it is a good investment strategy to find coins with imminent block reward halving points. Because after that point the coin becomes a bit harder to mine, and more scarce.
I know of one coin about to half in a few days -- EMC2, do you know of any others?
Good coins never halve, but they just get mined tiny bit less everyday.
you know I read something about that somewhere else, but I think it was more about setting up a coin for development, one of those developer questions:
"do I create a half system or do I just reduce it bit by bit? type of thing"