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Topic: block halving date - page 3. (Read 4499 times)

legendary
Activity: 1526
Merit: 1001
February 19, 2016, 07:06:25 AM
#77
a few months longer block halving occurs. we just wait a short time. get ready to get a higher quality bitcoin.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
February 19, 2016, 07:04:54 AM
#76
That will be amazing to see how price will get bigger Smiley much bigger with this one event.... and in next 4 years another halving Cheesy
GoGo Bitcoin!!

This year' halving effect will be much bigger than next one as the existing bitcoin number will be much bigger proportionally.

Yeah but with like 70% of bitcoin mined already i dont think it matters much.  As in every halving will likely create a massive great bubble until we have found out the true value of the bitcoin network.  Interesting times ahead though for sure.

For this and next halving, there is some kind of halving effect. But for the one in 2024, the effect will be every small.
How can you know the effect is very small on 2024 are you from the future we dont even know what will happen after this incoming halving.
jr. member
Activity: 171
Merit: 3
February 19, 2016, 06:57:08 AM
#75
That will be amazing to see how price will get bigger Smiley much bigger with this one event.... and in next 4 years another halving Cheesy
GoGo Bitcoin!!

This year' halving effect will be much bigger than next one as the existing bitcoin number will be much bigger proportionally.

Yeah but with like 70% of bitcoin mined already i dont think it matters much.  As in every halving will likely create a massive great bubble until we have found out the true value of the bitcoin network.  Interesting times ahead though for sure.

For this and next halving, there is some kind of halving effect. But for the one in 2024, the effect will be every small.
hero member
Activity: 546
Merit: 500
February 16, 2016, 04:12:33 PM
#74
That will be amazing to see how price will get bigger Smiley much bigger with this one event.... and in next 4 years another halving Cheesy
GoGo Bitcoin!!

This year' halving effect will be much bigger than next one as the existing bitcoin number will be much bigger proportionally.

Yeah but with like 70% of bitcoin mined already i dont think it matters much.  As in every halving will likely create a massive great bubble until we have found out the true value of the bitcoin network.  Interesting times ahead though for sure.
legendary
Activity: 1358
Merit: 1014
February 16, 2016, 01:30:04 PM
#73
Could it be that since people know about the halving in advance, the price has adjusted before hand?

It's sure that the big pump that everyone is expecting will not happen EXACTLY during the halving, let alone at the exact expected day, it will happen before or later, but within a reasonable margin, it's not going to be exact, so yes, things are starting moving now and will not stop, the price rise will be smooth until FOMO explodes this summer given the amount of good news being too much to justify not owning any Bitcoin.
legendary
Activity: 1540
Merit: 1029
February 16, 2016, 01:25:19 PM
#72
Some great sites have been posted. Make sure to check them out. This forum is also a huge wealth of information. We've been on here for years Smiley
hero member
Activity: 1008
Merit: 510
February 16, 2016, 12:35:12 PM
#71
Could it be that since people know about the halving in advance, the price has adjusted before hand?
hero member
Activity: 756
Merit: 500
February 16, 2016, 12:19:58 PM
#70
Slightly concerning the price won't rise as high as it should as a result of the halving due to all of this potential HF FUD.

I think you might be right.  For some reason I am starting to feel the rise before halving will be lackluster.  If Bitcoin avoids bad press it should be stable at least.
newbie
Activity: 52
Merit: 0
February 16, 2016, 11:49:42 AM
#69
Slightly concerning the price won't rise as high as it should as a result of the halving due to all of this potential HF FUD.


I seen many coins reach the block halving and the price remains the same lol

Maybe the build up to it will cause a pump but after that then no not at all! lol
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
February 16, 2016, 11:46:15 AM
#68
Slightly concerning the price won't rise as high as it should as a result of the halving due to all of this potential HF FUD.
legendary
Activity: 1862
Merit: 1004
February 16, 2016, 11:40:21 AM
#67
seams like it moved to JUNE!!! WTF is that all about. 2 months difference?
What are you talking about? From what I could tell halving was always expected to hit in July. It will hit exactly at 420.000 blocks
Current Block count: 398727   Expected reward drop: 2016-07-13 05:06:33 UTC (21 weeks, 17 hours, 30 minutes)

http://bitcoinclock.com/
hero member
Activity: 546
Merit: 500
LOL what you looking at?
February 16, 2016, 11:37:42 AM
#66
That will be amazing to see how price will get bigger Smiley much bigger with this one event.... and in next 4 years another halving Cheesy
GoGo Bitcoin!!

This year' halving effect will be much bigger than next one as the existing bitcoin number will be much bigger proportionally.

I would say the opposite: there's ALREADY many BTC in circulation, AND we seem to have hit a wall into the mainstream that takes a bit of time to go down.
So the question is: will people want to pay more for one BTC?
My answer is no. If they would, they did already.

Halving of the reward doesn't say anything to the upcoming mainstream user, and they will only pay what they think it's worth it.

My forecast is that when the halve will come, miners will raise the price to stay afloat.
BUT then people won't pay that much more.
Now, the only problem here is if miners are already earning much more than a Bitcoin is worth.
If they do, then no problem.
If they don't, then some inevitably will close the shop.

And then, we will have a drop in value instead than an increase, because when the community will see that people are NOT eager to pay much more than the actual price, there will be a fall of reputation.
Many mining companies will close because of this and there will be a mini-collapse of Bitcoin this year because of this.

THEN in the future the value will rise again, but I wouldn't expect it anytime this year.

This will allow for a REDISTRIBUTION of Bitcoin nodes. Part of Bitcoin philosophy.

I HOPE I am wrong, but this is my feeling at the moment.
newbie
Activity: 52
Merit: 0
February 16, 2016, 10:55:46 AM
#65
seams like it moved to JUNE!!! WTF is that all about. 2 months difference?
jr. member
Activity: 171
Merit: 3
January 11, 2016, 06:19:20 AM
#64
That will be amazing to see how price will get bigger Smiley much bigger with this one event.... and in next 4 years another halving Cheesy
GoGo Bitcoin!!

This year' halving effect will be much bigger than next one as the existing bitcoin number will be much bigger proportionally.
legendary
Activity: 2296
Merit: 1014
December 08, 2015, 08:02:38 PM
#63
That will be amazing to see how price will get bigger Smiley much bigger with this one event.... and in next 4 years another halving Cheesy
GoGo Bitcoin!!
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
December 08, 2015, 06:10:48 PM
#62
if everyone expects a price surge its guaranteed to plummet right? lol

no, everyone was expecting it for litecoin and it happened, with bitcoin it's even more sure that it will happen

the real question is when?

On the block number 420000, the halving will occur from current 25BTC to 12.5BTC generation.
Litecoin almost got 6 fold surge at the time of it's halving. I too believe bitcoin prices also will go to unimaginable levels on this halving.

Wishful thinking !

When litecoin halved nothing actually happened. The pump happened as a result of a chinese ponzi scheme.

This is true actually. The biggest pump in Litecoin has happened in July and was fueled by the Chinese manipulator. Threads and even YouTube videos about this are everywhere.

We can't compare Litecoin halving and Bitcoin halving though! Differences between these two are huge!
hero member
Activity: 546
Merit: 500
LOL what you looking at?
December 08, 2015, 09:39:43 AM
#61
There's no specific date, as the halving roll occur on a certain block number, and blocks are not mined exactly the same time apart, some are seconds apart. The most accurate estimate we have right now is somewhere between March and July 2016.

However, as you can have a block mined seconds apart from another one, you can equally have a block that will require more time later on.
The AVERAGE TIME to mine a block is calibrated with each difficulty adjustment, you can't escape that.

On this basis, we can take the overall number of blocks generated up to now and calculate the average time of coin mining.
As you can see here, the difficulty adjustment doesn't mistake: the production is linear, no matter how much hashing power has been put into the system.
So the July estimate is pretty close, surely not by the day, but also surely won't bee one or two weeks earlier than the estimated day.
legendary
Activity: 938
Merit: 1002
December 08, 2015, 07:03:46 AM
#60
There's no specific date, as the halving roll occur on a certain block number, and blocks are not mined exactly the same time apart, some are seconds apart. The most accurate estimate we have right now is somewhere between March and July 2016.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
December 08, 2015, 06:52:24 AM
#59
It seems to be in the mid-2016, July as mentioned by everyone...
Depends all upon the miners how much more farms they will be getting to work based on difficulty increase and rewards halving...
hero member
Activity: 546
Merit: 500
LOL what you looking at?
December 08, 2015, 04:29:45 AM
#58
Quote
yes we can say the usual "it was at first done by manipulators then fish come in to be sucked into it", but sometime i believe that a simply small demand can evolve into a bigger one

Call them fish, call them sheeps... same for me Cheesy
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