Subject: Re: [Bitcoin-development] death by halving

From: Jeff Garzik <[email-masked]>
Date: Sat, 25 Oct 2014 14:12:19 -0400

On Sat, Oct 25, 2014 at 2:06 PM, Alex Mizrahi <[email-masked]> 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/