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/biz/ - Business & Finance

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57667038 No.57667038 [Reply] [Original]

Can someone explain to me what bitcoin halving is? What will happen? What effect will it have? I wanna get in the game.

>> No.57667081

It's like when you have a piece of cake, take half of it away, and you get the remaining half to yourself. Basically, you're losing money is what it means. I graduated from /biz/ economics school and khan academy you can trust me.

>> No.57667092

Whatever bitcoin you hold, it will automatically be halved, so everyone has less which makes it more scarce and as such more valuable

>> No.57667123
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57667123

>>57667038
https://www.coinbase.com/learn/crypto-basics/what-is-a-bitcoin-halving

>> No.57667147

>>57667038
>sell your bitcoin one day before the halving
>buy back one day after the halving
>congrats you just doubled your bitcoin stack