In approximately 100 days, Bitcoin Halving will take place where we will see the mining reward reduced from 12.5 BTC to 6.25 BTC per block.
What this means is miners will be earning lesser Bitcoin as we reach towards 21 million Bitcoin total supply.
Media has predicted that Bitcoin price will experience some volatility when that time comes. While some experts have argued that it has been priced in already. Nonetheless it would be an interesting moment to watch.
And your thoughts are? What impact will this have on the number of people mining Bitcoin? Will this improve the price or have a negative impact on the price of Bitcoin? What has been the history of this event?
Nothing can be said about Bitcoin at this moment. You know, cryptos are highly volatile.