The Currency Analytics
By Steven Anderson
Bitcoin (BTC) Halving Fears
The major fear around BTC halving is that if the price does not go up for as fast as miners costs require, the network might die.
We cannot be sure that there will be lot of miners who will sell their assets and rigs to stay in the show.
BTC mining is new, through the trial, not time tested. It is the current generation of miners playing the guinea pigs. Things and technology are yet to evolve.
Bitcoin is a good investment, and there is no reason for why miners should get too greedy about preserving all that they have earned so far and get ripped off in one halving event.
It is extreme greed, unless when the situation goes worse to state that miners are going to go broke and out of business.
Sydney Ifergan, the crypto expert, tweeted: "Those who made it early to Bitcoin (BTC) with less fees are the luckiest.
Others quit their jobs, carrier, and studies and went all in. They have been around since the days of the first mining rigs.