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Regarding a potential impact on the bitcoin price, consider that — assuming miners sell their mined bitcoins for dollars to pay for hardware and electricity — n
by runeks 6y ago
Regarding a potential impact on the bitcoin price, consider that — assuming miners sell their mined bitcoins for dollars to pay for hardware and electricity — now only 6.25 BTC per 10 minutes will be sold into the market because of the halving. That’s a reduction in the amount of bitcoin sold into the market every 24 hours of roughly $8m.
I believe this is the theory behind expecting a price increase. Whether or not it materializes time will tell.