比特幣減半對其他加密貨幣的影響：現金、萊特幣、SV

除了比特幣之外，其他加密貨幣也會每四年減半一次，這可能會對其價格產生重大影響。 2024 年 4 月，比特幣現金 (BCH) 減半導致價格飆升 164%，而萊特幣 (LTC) 減半則產生了好壞參半的影響。 2023 年 4 月，比特幣 SV (BSV) 減半的影響較為溫和，價格上漲了 46%。

Bitcoin Halvings: A Spotlight on the Other Digital Assets

比特幣減半：其他數位資產的焦點

Bitcoin's halvings, where the number of new coins created with each block is cut in half every four years, have become widely known events in the cryptocurrency world. However, Bitcoin is not the only digital asset that undergoes this halving process. Here, we delve into the halvings of three other cryptocurrencies — Bitcoin Cash, Litecoin, and Bitcoin SV — and examine the impact these events have had on their prices.

比特幣減半，即每個區塊創建的新幣數量每四年減少一半，已成為加密貨幣世界中眾所周知的事件。然而，比特幣並不是唯一經歷減半過程的數位資產。在這裡，我們深入研究了其他三種加密貨幣——比特幣現金、萊特幣和比特幣 SV——的減半，並研究了這些事件對其價格的影響。

Bitcoin Cash: The Contentious Offspring

比特幣現金：有爭議的後代

Bitcoin Cash (BCH) emerged as a result of a contentious hard fork in 2017. The key difference between BCH and its parent blockchain, Bitcoin (BTC), lies in the maximum block size. BCH increased the block size from 1MB to 8MB, with the intention of increasing transaction capacity and reducing fees.

比特幣現金 (BCH) 是 2017 年有爭議的硬分叉的結果。 BCH將區塊大小從1MB增加到8MB，目的是增加交易容量並降低費用。

Since its inception, BCH has undergone three halvings, with the most recent occurring in April 2024. While the halvings have reduced the block reward from 12.5 BCH to 3.125 BCH, their impact on BCH's price has been varied.

自誕生以來，BCH 經歷了三次減半，最近一次發生在 2024 年 4 月。

The first halving in April 2020 resulted in a 164% price increase over the following 12 months. However, the second halving in April 2022 yielded a modest 2.5% price change. Analysts speculate that this may be due to the fact that BCH is still trying to establish its own identity and value proposition in the cryptocurrency market.

2020 年 4 月的第一次減半導致接下來 12 個月內價格上漲 164%。然而，2022 年 4 月的第二次減半導致價格小幅變化 2.5%。分析師推測，這可能是由於BCH仍在嘗試在加密貨幣市場建立自己的身分和價值主張。

Litecoin: The Cheaper, Faster Sibling

萊特幣：更便宜、更快的兄弟

Litecoin (LTC) emerged in 2011 as an "altcoin" designed to resolve some of Bitcoin's shortcomings. Key improvements aimed to reduce transaction times and costs. Litecoin adopted a four-times faster block creation time than Bitcoin (every 2.5 minutes versus 10 minutes) and increased the maximum supply to 84 million coins.

萊特幣 (LTC) 於 2011 年作為一種「山寨幣」出現，旨在解決比特幣的一些缺點。主要改進旨在減少交易時間和成本。萊特幣的區塊創建時間比比特幣快四倍（每 2.5 分鐘一次，而每 10 分鐘一次），並將最大供應量增加到 8,400 萬枚。

LTC's halvings occur every 840,000 blocks, twice as often as Bitcoin's. The first halving in August 2015 resulted in a 30% price increase over the following 12 months. However, subsequent halvings in August 2019 and August 2023 yielded less favorable results, with a 39% and 7.5% price decrease, respectively.

LTC 每 84 萬個區塊減半一次，是比特幣減半的兩倍。 2015 年 8 月第一次減半導致接下來 12 個月價格上漲 30%。然而，隨後的 2019 年 8 月和 2023 年 8 月減半卻產生了不太理想的結果，價格分別下跌了 39% 和 7.5%。

LTC's halvings have demonstrated a less consistent impact on its price than Bitcoin's. Factors such as its smaller market capitalization and increased competition in the altcoin space may have contributed to this variability.

LTC 減半對其價格的影響不如比特幣那麼一致。其較小的市值和山寨幣領域的競爭加劇等因素可能導致了這種變化。

Bitcoin SV: The Controversial Fork of Bitcoin Cash

Bitcoin SV：有爭議的比特幣現金分叉

Bitcoin SV (BSV) emerged from another hard fork in 2018, this time from Bitcoin Cash. Proponents of BSV claim it represents the original vision of Bitcoin's creator, Satoshi Nakamoto. The key feature of BSV is its even larger block size, up to 4GB.

比特幣 SV (BSV) 在 2018 年的另一個硬分叉中誕生，這次是比特幣現金。 BSV 的支持者聲稱它代表了比特幣創造者中本聰的最初願景。 BSV 的主要特點是其較大的區塊大小，高達 4GB。

BSV has undergone only two halvings, with the most recent occurring in April 2024. The first halving in April 2020 resulted in a 46% price increase over the following 12 months. However, the cryptocurrency has faced controversy, including allegations of 51% attacks and delisting from major exchanges.

BSV 僅經歷過兩次減半，最近一次減半發生在 2024 年 4 月。然而，該加密貨幣面臨爭議，包括 51% 攻擊和從主要交易所下架的指控。

The long-term impact of BSV's halvings remains to be seen, given the sparse historical data and the challenges the cryptocurrency has faced.

鑑於歷史資料稀疏以及加密貨幣面臨的挑戰，BSV 減半的長期影響仍有待觀察。

Halvings: A Mixed Bag of Effects

減半：混合效應

The halvings of Bitcoin Cash, Litecoin, and Bitcoin SV have demonstrated diverse effects on their prices. While some halvings have led to substantial price increases, others have had minimal or even negative impacts. Factors such as market demand, competition, and technological developments have played a role in these variations.

比特幣現金、萊特幣和比特幣 SV 的減半對其價格產生了不同的影響。雖然有些減半導致價格大幅上漲，但有些減半的影響微乎其微，甚至產生負面影響。市場需求、競爭和技術發展等因素在這些變化中發揮了作用。

Unlike Bitcoin, which enjoys widespread recognition and adoption, these other digital assets face the challenge of establishing their own unique value propositions and building a loyal user base. As the cryptocurrency market evolves, it remains to be seen whether these halving events will continue to have a significant impact on their prices or whether other factors will overshadow their influence.

與廣受認可和採用的比特幣不同，這些其他數位資產面臨著建立自己獨特的價值主張和建立忠實用戶群的挑戰。隨著加密貨幣市場的發展，這些減半事件是否會繼續對其價格產生重大影響，或者其他因素是否會掩蓋其影響力，還有待觀察。