RE: What Is Bitcoin Halving? What Does It Mean For The Future?

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What Is Bitcoin Halving? What Does It Mean For The Future?

in bitcoin •  7 years ago 

Does halving also have to do with rising difficulty? I'm gonna say that by 2020 bitcoin will be worth 75k. :) it's amazing how much there is to learn about crypto. Thanks for doing you part to clear the fog. Also I learned about witness and voted once so far.

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  ·  7 years ago (edited)

Not difficulty, it is to do with rewards.

2140 may mark no more block rewards unless the software protocol of BTC is changed.

It may become harder to transfer money.

Good, I would suggest the above witnesses in my post, STEEM ON 😜

If it becomes harder to transfer money would there not then be a better solution that presents itself ? Aren't reward and difficulty connected somehow?

I would very much reccomend reading this post by my friend.

It is very difficult and the people on top may want that! They want BTC to be a gold which can only be taken out with multi-hundred or even thousand dollar fees I believe.

I believe another coin with better technology (less fees, quicker transaction) like Bitcoin Cash will be the "best crypto method of exchange of the future"