Topic: $10,000 when? - page 45. (Read 51349 times)
Going to be a long wait...
in 2024
Satoshi planned for it to happen in 2016
we are solving blocks at a faster rate, due to which the halving is going to happen sooner.
Isn't it the opposite case?
Because we are solving blocks at a faster rate, halving will happen sooner.
It will happen in mid 2016.
so do you think the halving will happen before August 2016?
IMO, it will.
We are at block 297333 now, and the halving will happen at block 420000.
So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016).
If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016).
The block reward adjustment is about 2 years, 4 months away. http://www.cryptocoinstats.com/
Satoshi planned for it to happen in 2016
we are solving blocks at a faster rate, due to which the halving is going to happen sooner.
Isn't it the opposite case?
Because we are solving blocks at a faster rate, halving will happen sooner.
LaudaM, the 20th August of what year?
so do you think the halving will happen before August 2016?
IMO, it will.
We are at block 297333 now, and the halving will happen at block 420000.
So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016).
If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016).
Maybe in 5-6 years? just making a random guess as it's hard to see when and if this kind of price rise will happen.
so do you think the halving will happen before August 2016?
IMO, it will.
We are at block 297333 now, and the halving will happen at block 420000.
So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016).
If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016).
When those who use their PC/laptop only for email/Skype/browsing will have a simple way of using it (and trust it also) - then BTC will go over $10000.
I think the faith in fiat currencies in the US and EU have to go down as well
When those who use their PC/laptop only for email/Skype/browsing will have a simple way of using it (and trust it also) - then BTC will go over $10000.
so do you think the halving will happen before August 2016?
This is completely wrong. The ETA for the halving is in August 2016!
+1
With the difficulty (hashrate) continuously rising, we are finding blocks at a faster rate.
Instead of 14 days, it usually takes 12-13 days to find 2016 blocks.
Instead of 4 years, it takes less than that to find 210000 blocks.
Block halving is in 2017. We will see 10k $ before this happens. I think in 2017 we have already seen 50k $.
Stop talking nonsense without doing proper research first!This is completely wrong. The ETA for the halving is in August 2016!
Probably within 2016, depending on certain events. It possibly come quicker similar to when btc jumped from $200 - $1,000 over news of chinas exchange. But it has to be something big.
You need at least 10 times rise by about $1,000, probably followed with stagnation or decreasing price. Im not sure it is possible so soon. 2020+ when block reward is 6.25 BTC is more likely (if ever, obviously)
If only it were as easy as asking. 
If you think about it, anyone who answers the question with confidence is full of B.S. Anyone who answers with a guess is not doing anything you can't do without asking.
If you think about it, anyone who answers the question with confidence is full of B.S. Anyone who answers with a guess is not doing anything you can't do without asking.
It is obviously pretty hard to answer precisely, you can have a feeling, you can give arguments to make the point that it will be within a few years but it ends up to being a guess
Block halving is in 2017. We will see 10k $ before this happens. I think in 2017 we have already seen 50k $.
Probably within 2016, depending on certain events. It possibly come quicker similar to when btc jumped from $200 - $1,000 over news of chinas exchange. But it has to be something big.
Yes, the block halving should happen in 2016.We just have to be patient with these matters.
Probably within 2016, depending on certain events. It possibly come quicker similar to when btc jumped from $200 - $1,000 over news of chinas exchange. But it has to be something big.
Maybe after the next block halving.
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