Topic: Bitcoin Halving Block Reward Countdown (Read 486 times)
This countdown just excites us more. Well its really exciting to get into that period. Its always encourages us and hopefully I can accumulate more or buy more today to make more profit when that halving comes. Somehow, its like an annual activity or season in crypto world that rewards all patronize users.
How you calculated this?
Since 6 blocks are found on average within an hour and halving happens once every 210,000 blocks,then every 4 years ( give or take ) there will be a halving event.
I created this cool countdown for bitcoin halving. It also have all the info about BTC halving. https://www.cryptozink.io/bitcoin-halving-block-reward-2020-countdown/
there are many sites that offers same and i think i will go for Binance though this is not accurate(because i am sure there will no one can give the accuracy)yet Binance is more trusted and legit to believe in. 
I would highly recommend you guys to don't wait for these countdowns because people will start buying bitcoins before the halving happens and the bitcoin bullish movement should happen before the halving.
How you calculated this?
Since 6 blocks are found on average within an hour and halving happens once every 210,000 blocks,then every 4 years ( give or take ) there will be a halving event.
suppose that bitcoin miners 25% of all miners in the world die.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
Why would the 25% of the miners will suddenly die ?
Do not think of the things which are impossible to happen. Neither the miners will die and not even they are looking to leave the bitcoin mining.
For example , natural disasters, earthquakes, floods, landslides occur in locations where buildings are operated for bitcoin mining activities.
The most bitcoin miners in the world are in China.
if the country was hit by a disaster at a bitcoin mining location ?
How you calculated this?
suppose that bitcoin miners 25% of all miners in the world die.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
Why would the 25% of the miners will suddenly die ?
Do not think of the things which are impossible to happen. Neither the miners will die and not even they are looking to leave the bitcoin mining.
For example , natural disasters, earthquakes, floods, landslides occur in locations where buildings are operated for bitcoin mining activities.
The most bitcoin miners in the world are in China.
if the country was hit by a disaster at a bitcoin mining location ?
About three months later for bitcoin halving and we can see what happen with bitcoin, will be replace how last halving time where bitcoin can raise with higher price or not, look very happy for many bitcoin investor with halving time because can give profitable and most profit of bitcoin on higher price, but we still do not know which way of bitcoin in this halving on higher or lower price.
suppose that bitcoin miners 25% of all miners in the world die.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
Why would the 25% of the miners will suddenly die ?
Do not think of the things which are impossible to happen. Neither the miners will die and not even they are looking to leave the bitcoin mining.
suppose that bitcoin miners 25% of all miners in the world die.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
Is halving bitcoin scheduled to be delayed from the predicted schedule ?
because if the miner bitcoin 25% worldwide does not work (dead) then the block confirmation process will be even longer than usual.
I just had a weird thought though, what if the next halving coincides with the Bitcoin Pizza day on May 22, 2020, LOL, that will be huge historically. 
@Pearls Before Swine - well it could have a positive effect on the price as it will be base on supply and demand. If fewer Bitcoins are generated, it will be scarce and makes it the most sought assets. But just remember the increase of the price will not be sudden, it will take years until we reach another bubble.
@Pearls Before Swine - well it could have a positive effect on the price as it will be base on supply and demand. If fewer Bitcoins are generated, it will be scarce and makes it the most sought assets. But just remember the increase of the price will not be sudden, it will take years until we reach another bubble.
It might be just a coincidence that bitcoin halving will occur the same date as the bitcoin pizza day. Remember, bitcoin halving will happen directly based from the exact number of blocks and we are just estimating based on time. Meaning to say that there is surely a possibility of delays based on the hash power and creation of new blocks being generated to the network. One thing for sure, after the halving, bitcoin's price will surely increase because have the kind of mindset that miners has, which aims for higher market price.
I just had a weird thought though, what if the next halving coincides with the Bitcoin Pizza day on May 22, 2020, LOL, that will be huge historically.
The estimated day for the halving is 12 May 2020 and hence the bitcoin Pizza day is 10 days after the halving.
Halving could not be delayed to bitcoin pizza day
I just had a weird thought though, what if the next halving coincides with the Bitcoin Pizza day on May 22, 2020, LOL, that will be huge historically.
@Pearls Before Swine - well it could have a positive effect on the price as it will be base on supply and demand. If fewer Bitcoins are generated, it will be scarce and makes it the most sought assets. But just remember the increase of the price will not be sudden, it will take years until we reach another bubble.
@Pearls Before Swine - well it could have a positive effect on the price as it will be base on supply and demand. If fewer Bitcoins are generated, it will be scarce and makes it the most sought assets. But just remember the increase of the price will not be sudden, it will take years until we reach another bubble.
Thanks for sharing this. I didn't know that a lot of websites have started their countdown — even Binance, like what Pamoldar posted. I'm pretty sure all you guys are trying to do is show support to Bitcoin. I'm just curious about what would happen with the price when Bitcoin has fewer rewards. Would it be beneficial to everyone? Hopefully, we would benefit in a significant way, like a higher price per Bitcoin.
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I like the Binance one and seems like that one is more correct. However we certainly can not calculate the accurate countdown at-least now.
What Binance just did right here is not to rely on the estimation of the time which is 10mins, but to expect and calculate the rate of transactions being made to mine bitcoin to reach its desired 210,000 blocks. For me, this is much more better and accurate because relying on time will just predict an inexact date though, time is generated from the rate of transactions, we need to base the countdown to the rate of transaction itself plus the formula or algorithm created by binance themselves.
can't wait for that. only a lag of 5 months before halving. all that we have been waiting for will soon be seen, and I hope that the results will match what we expect. most likely, 1 month before halving, I will continue to pay attention to this countdown.
not only you who can't wait to be able to enjoy the halving that will happen next year because I also want to enjoy it because surely the price of bitcoin will soar when halving day happens. 
can't wait for that. only a lag of 5 months before halving. all that we have been waiting for will soon be seen, and I hope that the results will match what we expect. most likely, 1 month before halving, I will continue to pay attention to this countdown.
That's great for miners, but I'm not sure how important it is for the rest of us.
Not sure if bitcoin is going to have a reaction to the halving, if we're going to see a repeat of the last 2 halvings I've seen. It doesn't seem like the market *should* act like that, because then every halving would be like an opportunity for people to get free money. On the other hand, any time we get a fork announced ahead of time, it's the same thing. Free money, but almost like a lottery. I don't know what to think.
Not sure if bitcoin is going to have a reaction to the halving, if we're going to see a repeat of the last 2 halvings I've seen. It doesn't seem like the market *should* act like that, because then every halving would be like an opportunity for people to get free money. On the other hand, any time we get a fork announced ahead of time, it's the same thing. Free money, but almost like a lottery. I don't know what to think.
It's important for everyone involved in bitcoin-world, not only for miners.
Halving make sure that bitcoin reward not just reduced a half, but the scarcity which makes it worth more.
The cycle of halving always have a positive impact on the bitcoin market, and wait for a while, bitcoin will reach ATH for sure, more than $20K obviously.
Which one is true for bitcoin halving block reward countdown
The majority is using the known https://www.bitcoinblockhalf.com/ for years now. That's great for miners, but I'm not sure how important it is for the rest of us.
Just to be on the date and get updated on when's the halving will come. I guess the importance of halving for every people that hold bitcoin is somewhat related to the hope of the price increase which became a pattern now base on the history of halving. 
That's great for miners, but I'm not sure how important it is for the rest of us.
Not sure if bitcoin is going to have a reaction to the halving, if we're going to see a repeat of the last 2 halvings I've seen. It doesn't seem like the market *should* act like that, because then every halving would be like an opportunity for people to get free money. On the other hand, any time we get a fork announced ahead of time, it's the same thing. Free money, but almost like a lottery. I don't know what to think.
Not sure if bitcoin is going to have a reaction to the halving, if we're going to see a repeat of the last 2 halvings I've seen. It doesn't seem like the market *should* act like that, because then every halving would be like an opportunity for people to get free money. On the other hand, any time we get a fork announced ahead of time, it's the same thing. Free money, but almost like a lottery. I don't know what to think.
Maybe 3 month before the halving we will see the start of pump?
that would be next year, it's one of the most anticipated event next year as it's believe by some people, maybe majority that it will help the market to recover.
that would be next year, it's one of the most anticipated event next year as it's believe by some people, maybe majority that it will help the market to recover.
I created this cool countdown for bitcoin halving. It also have all the info about BTC halving. https://www.cryptozink.io/bitcoin-halving-block-reward-2020-countdown/
Nice try, friend. Making countdown time for halving is very useful for crypto users. Especially for Bitcoin miners who will receive half a block BTC reward after halving. And in the future it will greatly affect the price of BTC. I personally use this site https://www.bitcoinblockhalf.com/ to get information about the bitcoin halving. It contains a lot of useful information as well.
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I personally used this bitcoin block halving countdown. But thanks to the OP for making another one. And I agree that this is just approximate, we can't really tell the correct date and time, however, we can always check it out and see how it goes. For sure everyone is waiting for this event because it's supposed to bring fresh new life to the ecosystem.
I like the Binance one and seems like that one is more correct. However we certainly can not calculate the accurate countdown at-least now.
The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.
https://www.bitcoinclock.com/
https://www.coingecko.com/en/explain/bitcoin_halving
The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.
https://www.bitcoinclock.com/
https://www.coingecko.com/en/explain/bitcoin_halving
I prefer https://www.bitcoinblockhalf.com 143 days left, rather than binance 129 days left.
Bitcoinblockhalf provides better information regarding bitcoin countdown with additional information such as total blocks and total bitcoins left to mine until next blockhalving, which used to predict the exact date of bitcoin halving on May 14th, 2020.
I personally use this site https://www.bitcoinblockhalf.com/ to get information about the bitcoin halving. It contains a lot of useful information as well.
The more I wait the more it feels 145 days to be too long of a waiting time. I'd rather not think of halving for now and enjoy the days where we can still accumulate some altcoins. The reason most of us wants the halving is because of the awaited bullrun which probably will happen few more months again after the halving so another months of waiting.
Now we all must scramble to make as many bitcoins as we can before the halving. I am sure it will make the price go up but maybe not at first. I think it might take some time to sink in. Nice count down I am glad you all excited. I wish I had more time though. I feel like I am running out of time with my bitcoin collection. 
I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times
Correct, no exact day but at least it will fall in the month of May year 2020.May be you need little adjustment?
The halving will happen at a certain block (630000), we know that. The actual date/time.. is harder to calculate.
The date/time is estimated based on current block and the average block time.
Let's see..
Current block is 609,325
Blocks to go 20675
Average time 10 min
This gives ~143.5 days to go.
Now... if the block time is estimated in different way, the result can differ.
Since the difficulty adjustments were mostly upwards, shorter average block times are a good move.
I think that maybe OP took into account shorter period for these adjustments and according to the graphs in the last month the adjustments were staying under the value from Nov 25. Is this a new trend? I doubt it. And maybe here's where OP could adjust his algorithm. Or maybe he's right and he knows something I don't expect.
May be you need little adjustment?
The halving will happen at a certain block (630000), we know that. The actual date/time.. is harder to calculate.
The date/time is estimated based on current block and the average block time.
Let's see..
Current block is 609,325
Blocks to go 20675
Average time 10 min
This gives ~143.5 days to go.
Now... if the block time is estimated in different way, the result can differ.
Since the difficulty adjustments were mostly upwards, shorter average block times are a good move.
I think that maybe OP took into account shorter period for these adjustments and according to the graphs in the last month the adjustments were staying under the value from Nov 25. Is this a new trend? I doubt it. And maybe here's where OP could adjust his algorithm. Or maybe he's right and he knows something I don't expect.
I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times
I think you should look into the past first before coming out with such a theory. "Bomb will explode". Nothing of that kind will happens there will a price increase but not so much that the bomb will explode. Historically the price of Bitcoin alway rose sharply the next year of halving. So expect it to be 2021.
I created this cool countdown for bitcoin halving. It also have all the info about BTC halving. https://www.cryptozink.io/bitcoin-halving-block-reward-2020-countdown/
I don't think there was a need to crete another one as there are many in the market. Since, you have created one congratulations to you. I hope next year be a fruitful year for you.
I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times
I think you should look into the past first before coming out with such a theory. "Bomb will explode". Nothing of that kind will happens there will a price increase but not so much that the bomb will explode. Historically the price of Bitcoin alway rose sharply the next year of halving. So expect it to be 2021.
Bitcoin halving at this point is very correct. When the market is in a downtrend, the need to reduce bitcoin is essential for the market to go up. Let's count down
I like the Binance one and seems like that one is more correct. However we certainly can not calculate the accurate countdown at-least now.
The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.
https://www.bitcoinclock.com/
https://www.coingecko.com/en/explain/bitcoin_halving
May be you need little adjustment?
Which one is true for bitcoin halving block reward countdown, when asking for me I think second picture is true because I want be faster for bitcoin halving countdown come true and hope give positive effect with bitcoin have higher price again looks like on 2017, need bitcoin come back above $20k to give chance for altcoin have higher price and keep stable. The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.
https://www.bitcoinclock.com/
https://www.coingecko.com/en/explain/bitcoin_halving
May be you need little adjustment?
I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times
Correct, no exact day but at least it will fall in the month of May year 2020. After the counter it will not effectively be raising up quick, it will take months or a year that the price of bitcoin will probably pump. Just like what happened the previous halving happened, the price grown up in the last quarter of the year and that was fallen in the month of December year 2017. I'm also curious why all countdown websites are not the same. I am hoping that the excitement that this coming halving can be pushing Bitcoin to a new heights never achieved before though realistically speaking I am also willing to tone down my expectations. The halving may not be enough to pump Bitcoin higher than the one it achieved in 2017. right now, we are facing an anemic market and there is no great waves of speculations coming in. The hypes, the FOMOs and everything else are not showing up some signs. All we have for now is the countdown lol.
I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times
I like the Binance one and seems like that one is more correct. However we certainly can not calculate the accurate countdown at-least now.
The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.
https://www.bitcoinclock.com/
https://www.coingecko.com/en/explain/bitcoin_halving
May be you need little adjustment?
The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.
https://www.bitcoinclock.com/
https://www.coingecko.com/en/explain/bitcoin_halving
May be you need little adjustment?
I created this cool countdown for bitcoin halving. It also have all the info about BTC halving. https://www.cryptozink.io/bitcoin-halving-block-reward-2020-countdown/
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