Bitcoin coinbase reward halving approximately 40 weeks ahead

Bitcoin will have another cpoinbase reward halving at block 420,000.Current height is 378,860.Assuming the hash rate stays more or less constant the coinbase reward will drop from 25 BTC to 12.5 BTC in approximately 40 weeks.If you want to check it from time to time, have a look here: http://bit.ly/1Mzym6t is your expectation if you think of that?What effect will be dominant?Will the BTC price rise (because only 1,800 BTC will be generated daily as opposed to 3,600 BTC daily at the moment)?Will legions of mining devices be shut off, because they'd operate at a loss (because BTC price doesn't rise far enough)?What's your take? via /r/CryptoCurrency http://bit.ly/1jyZy9F