What will happen if the Bitcoin Block Reward Halving hits?

Absolutely nothing. Supply of new bitcoins is halved, but market supply is decreased by very little. The rate at which bitcoins are mined has very little to do with how many bitcoins are currently up for sale.

Nobody knows for sure but the price is generally expected to rise ,we could be seeing the run up to that now.

>>1312181
How will that effect mining though? It's already hard to profit from as is. If the amount of coins awarded are halved and the price is low, what incentive will there be to even mine them?

>>1312211
Thats why the price is rising right now, the market is correcting to provide mining profitability.

>>1312211
What? Back when the price was $200 miners were still mining and profiting. Transaction times were good. If the halving were today, miners would still make more than they made last winter.

>>1312211
>If the amount of coins awarded are halved and the price is low, what incentive will there be to even mine them?
Some miners will drop out until equilibrium is reached. That is fine.

>>1312234
hardly
chinks running for their money more like it

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