When halving happens, does BTC price rise or drop in value?

Discussion in 'Bitcoin and Ethereum Talk' started by hades_leae, Jul 15, 2016.

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  1. hades_leae

    hades_leae Member

    Jun 21, 2016
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    I would assume because there is more in circulation to be mined that the price of BTC will rise because there are more people out there looking to get there hands on the new amount of BTC available for mining.

    I also would say that it would drop in price because since there is more to mine, I think the price drops like any other currency with to much of their money circulating around in the economy which leads to inflation. Any knowledge on this?
  2. mariaanca

    mariaanca Member

    Jun 20, 2016
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    From what I have read, because of the halving it is harder to mine BTC, so more expensive to get. For example if in the past you got 50 dollars in an amount of time now you get only 25 in the same amount of time.
    I'm not an expert but for me that means that the price is going to rise. But there are other factors that influence the price.