#6
Bitcoin halving is real. It is not just some theory that goes around. This is the way of controlling the supply of the coin. I am sure that you are aware that the maximum supply of Bitcoin is only 21 million. There is a limit to it that is why the halving is necessary.
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#5
Some say that the halving might lessen the number of miners. Personally, if I were the miner, I might also stop mining after this halving. Mining is too costly. It requires quality equipment and a lot of power consumption. The rewards that i will get might not be enough to compensate for all the expenses.Originally Posted by Alexthedefender04
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#4
Halving is definitely real, and people have already explained here what it's really about. However, halving might occur a bit off the schedule, I believe. More importantly, a thing that's not real and merely hypothetical but related to halving is that the price will go up. People have been talking about it for years, and many attribute the price boost of 2017 to halving of 2016, although I don't really see the connection. Anyway, while halving as a fact of reduction of the block reward is a real thing, its impact on mining, prices and adoption are debatable.
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#3
Uhm yes it's real? It isn't a theory but rather a fact. Even if we take into account how people are using cryptocurrency today, even if everyone literally started using Bitcoin for everyday use, even if fiat was replaced by fiat, Bitcoin halving is an event that is already in the system that will happen a 100%. That is unless you cut off the internet around the world where no one would be able to connect to it. Just imagine it being a line of code that is set to happen once a set of records/actions is observed.
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#2
I'll start by saying these:
1. Bitcoin is a financial ideology and philosophy built to replace the fiat model.
2. Halving will bring the feature of money called relative scarcity to bit coin.
3. Its a work in progress though not already there but we shall verify in due time
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#1
Is Bitcoin halving real or just a theory??
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