Quote:
Originally Posted by cral12
Tell us about Bitcoin "halving"?
I haven't dove in on this subject, but saw it "trending" today...interested to learn more.
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The people that 'make' bitcoins, the miners, get a certain amount of bit coin for their efforts, that amount is going to arbitrarily half from 12.5 to 6.25 for no reason I can determine other than to attempt to drive the price up.
They make less money therefore less miners will bother, therefore the price goes up I assume. like everything else about bitcoin it makes no sense, seems to be obvious market manipulation and reeks of scam.