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Topic: 232 days before bitcoin block reward halving - page 6. (Read 5798 times)

hero member
Activity: 798
Merit: 1000
Move On !!!!!!
December 03, 2015, 05:06:40 AM
#9
Even if the prices would stay the same and halving would occur tomorrow, most of the miners would ROI big time. And this will never happen since I am sure that the price will increase considerably just before the halving.

So yes OP, stop spreading the FUD! Everything will be just fine!
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
December 03, 2015, 04:44:29 AM
#8
what could happen after this date?
bitcoin will fall down and the ecosystem will die because miner reward will be halved... and the blockchain will die?
or the bitcoin price will rise, because bitcoin will be more rare?

bitcoin halving count down:
http://www.bitcoinblockhalf.com/
No. If a large amount of miners stop mining, the difficulty will adjust and drop. It is very unlikely that a huge percentage of miners would stop mining suddenly given that many has low electrical fees or cheap hardwares. If it does happen however, blocks would be less frequent and transaction fees will rise, resulting in a higher payout for miner and some would switch on again.
hero member
Activity: 910
Merit: 511
December 03, 2015, 04:38:13 AM
#7
No, some people have free electricity ,or cheaper electricity, your problem does not exist

for sure, you are not talking about EU area where electricity bill is really really expensive!!!
hero member
Activity: 490
Merit: 500
December 03, 2015, 04:36:59 AM
#6
No, some people have free electricity ,or cheaper electricity, your problem does not exist
legendary
Activity: 1904
Merit: 1074
December 03, 2015, 04:33:37 AM
#5
In theory, we should see a slight increase in the price, IF the demand for Bitcoin stay at the levels it is now. In practice not a lot happens, and the people buying and trading Bitcoin, just play around with whatever

is on offer. Do not expect a lot, and whatever happens is a bonus. The main thing would be not to invest, based on the hype going around based on what people speculate will happen. Look back to the last time it

happened, and work your way from there.
legendary
Activity: 2786
Merit: 1031
December 03, 2015, 03:58:49 AM
#4
Just like last time, nothing special will happen.

There's always much speculation when halvings happen but the reality is nothing special happens.
legendary
Activity: 3248
Merit: 1070
December 03, 2015, 03:56:27 AM
#3
no, the current value can already sustain the bitcoin halving for the miners, with the s7 miner can have profit even at $below $200 of market value

we are at 370 right now, plenty of profit for them, and you can bet your ass that we are going to increase much more prior the halving
legendary
Activity: 2674
Merit: 2965
Terminated.
December 03, 2015, 03:54:15 AM
#2
Stop spreading FUD. This has already happened once and it has not negatively affected Bitcoin. In other words, it will not die. IIRC 2012.
hero member
Activity: 910
Merit: 511
December 03, 2015, 03:48:26 AM
#1
what could happen after this date?
bitcoin will fall down and the ecosystem will die because miner reward will be halved... and the blockchain will die?
or the bitcoin price will rise, because bitcoin will be more rare?

bitcoin halving count down:
http://www.bitcoinblockhalf.com/
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