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Topic: 2 Days countdown for halving. Come and leave your idea. - page 2. (Read 355 times)

member
Activity: 1302
Merit: 25
I'm seeing some shake off already with price. The volatility as expected won't go away. The price got to $10,000 today and returned back , taking off $400, reminding us of the last halving period. I still expect a rapid movement up after we see this halving.
jr. member
Activity: 54
Merit: 1
yes, help me out here ..

we know for sure that if there's anyone who is definitely NOT going to sell any btc after the halving takes place, this is the miners.

Ok, he miners won't sell.
We won't sell either but we won't even buy, because we are the smart guys (not me, you of course).

So, who the f**k is going to buy btc?

that's my simple question Smiley


ps: I assume mediatic hype about the halving already had its peak last week, so unless a new high is reached I guess main-stream media won't be talking about bitcoin anymore for the time being
legendary
Activity: 2758
Merit: 1228
Only 2 days to rewards [https://tokenview.com/en/half]halving [/https://tokenview.com/en/half]and we just witness $10,000 bitcoin again.

But still feel wired. May be next few months won't be easy

What's your idea? Any opinion about network security, market or anything you wish to say are fine.

Are you asking about the price of bitcoin after the halving ?
I think in the last few days bitcoin pumped due to hype of halving and right after the halving bitcoin will dump in shorter time frame.

Not surprising to see those since that's the normal flow of bitcoins but I don't really think we can feel the real effect of it right now since there are so many struggles which can effect its state and maybe those pumping things will start on next year since I assume we will see the same pattern just like what happen on year 2017 but I don't expect that we can reach to its ATH price since we are now in bad shape due to the pandemic strikes globally.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
Only 2 days to rewards [https://tokenview.com/en/half]halving [/https://tokenview.com/en/half]and we just witness $10,000 bitcoin again.

But still feel wired. May be next few months won't be easy

What's your idea? Any opinion about network security, market or anything you wish to say are fine.

Are you asking about the price of bitcoin after the halving ?
I think in the last few days bitcoin pumped due to hype of halving and right after the halving bitcoin will dump in shorter time frame.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
Isn't every 210.240 blocks? Not 210.000

I don't know where you got your number from, but Bitcoin wiki tells clearly that halving happens every 210000 blocks:

The number of bitcoins generated per block is set to decrease geometrically, with a 50% reduction every 210,000 blocks, or approximately four years.

Sorry I must had a misunderstanding. Yeah, it's exactly every 210,000 blocks.
hero member
Activity: 2842
Merit: 772
It just barely touch $10k pre-halving though, the current price is $9600-$9700. Why you feel weird though? This market is very volatile, ups and downs you should be used to it. Network security? It will still be the same, majority of miners are honest so I don't think that we should feel threaten in any way just because we are approaching halving. Market is different though, as I have said, it is very unstable, we really don't know what the future hold. Maybe we can see some minor dump after the halving, so this growth will continue and might push the price above 5 digits again.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Isn't every 210.240 blocks? Not 210.000

I don't know where you got your number from, but Bitcoin wiki tells clearly that halving happens every 210000 blocks:

The number of bitcoins generated per block is set to decrease geometrically, with a 50% reduction every 210,000 blocks, or approximately four years.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
Only 2 days to rewards [https://tokenview.com/en/half]halving [/https://tokenview.com/en/half]and we just witness $10,000 bitcoin again.

But still feel wired. May be next few months won't be easy

What's your idea? Any opinion about network security, market or anything you wish to say are fine.

Your site says:
Quote
Bitcoin block reward halving will be activated on block height 630,000.

Isn't every 210.240 blocks? Not 210.000
newbie
Activity: 40
Merit: 0
Only 2 days to rewards [https://tokenview.com/en/half]halving [/https://tokenview.com/en/half]and we just witness $10,000 bitcoin again.

But still feel wired. May be next few months won't be easy

What's your idea? Any opinion about network security, market or anything you wish to say are fine.
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