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From: Jeff Garzik <jgarzik@bitpay.com>
Date: Sat, 25 Oct 2014 14:12:19 -0400
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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] death by halving
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On Sat, Oct 25, 2014 at 2:06 PM, Alex Mizrahi <alex.mizrahi@gmail.com> wrote:
> Hashrate might drop by more than 50% immediately after the halving (and
> before difficulty is updated), thus a combination of the halving and slow
> difficulty update pose a real threat.
"Flag day" herd behavior like this is unlikely for well informed and
well prepared market participants.
--
Jeff Garzik
Bitcoin core developer and open source evangelist
BitPay, Inc. https://bitpay.com/
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