A link to explain post-halving consequences for mining_ _ bitcoin 6 bitcoins in usd

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I wrote an article regarding the worst case scenario. But I could have written a similar article with positive feedback loops, I leave that up to /r/bitcoin folks.

In the meantime we know segwit is not going to deliver an increase around the halving.6 bitcoins in usd we probably saw a very large batch of new chips being tested (?) last week, which means we can expect hash-rate to increase soon which increase capacity (but who knows). All in all I consider it very likely that bitcoin as a payment system will get a large beating around the halving. But price-wise, I have no clue. There are enough people who think higher fees and lower quality of service is a good thing.

Will transaction fees simply increase to cover the lower rewards?

No that is highly unlikely, fees are just 2% of total mining revenue. It wil not grow with a factor of 25x to compensate for the halvening.

Price only needs to increase by a factor of 2 every four years to for bitcoin to be sustainable security-wise. There is absolutely no reason why fees would need to increase at this moment.6 bitcoins in usd maybe in 8 (2 halvings) or even 16 years (4 halvings) from now. But definitely not now. That would make absolutely no sense.

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