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Topic: BTC halving - page 3. (Read 3975 times)

staff
Activity: 3458
Merit: 6793
Just writing some code
February 25, 2016, 03:11:40 PM
#34
Where can i find info about all future block halving and when they gonna occur?
And how many coins block should contain at thet time.
The block reward halving happens every 210000 blocks. You can see more at https://en.bitcoin.it/wiki/Controlled_supply
hero member
Activity: 854
Merit: 1009
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February 25, 2016, 03:07:16 PM
#33
Can someone explain the concept of Bitcoin halving? I've found this timer http://www.bitcoinblockhalf.com/ so what does it acctualy mean besides the halved rewards for the block? Will it affect the price of bitcoin in some way?

Personally, I think the price can reach at least +50%, ideally it would be +100%, however that wont be immediate.

Merchants and investors have to get used to it, so it might take longer for price doubling.
member
Activity: 85
Merit: 10
February 25, 2016, 01:56:46 PM
#32
Where can i find info about all future block halving and when they gonna occur?
And how many coins block should contain at thet time.
legendary
Activity: 1540
Merit: 1013
February 25, 2016, 09:49:10 AM
#31
I heard BTC halving can make the price of bitcoin increase. Well i don't know what is BTC halving, but if it's true, i hope btc halving can surely make the price of bitcoins going high.

The last halving made the price increase however it is unsure if it is related to the halving or it could be just a coincidence that a pump happened few weeks after the halving so there is no 100 % theory that shows the price will increase after the halving. After all this is just an expectation based on what previously happened
sr. member
Activity: 434
Merit: 250
February 25, 2016, 05:54:50 AM
#30
I heard BTC halving can make the price of bitcoin increase. Well i don't know what is BTC halving, but if it's true, i hope btc halving can surely make the price of bitcoins going high.
full member
Activity: 154
Merit: 100
February 25, 2016, 04:29:13 AM
#29
if you want to play with halving, you should awareness bitcoin's price, when it will be up and down. it will depend on your lose and profit.
hero member
Activity: 560
Merit: 500
February 24, 2016, 09:41:54 AM
#28
How we defining price today?
By cost of electricity or by the actual price at free market, where is manipulated whole the time.
Can we actually set an agreement how much btc can worth? For example 1k$ and this is it.
Can we see some stability after halving?
full member
Activity: 181
Merit: 100
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February 24, 2016, 09:31:10 AM
#27
Price rising due to fact everyone believe in this must happen.
This creating more demand for bitcoins, and again price rising.
I believe whales will bring us some surprises. I hope i will be on the train with them.

If we talk for a real what is real price for bitcoin now?

Real price is what is determined by the market requests...so it means the price it actually has...

IMHO it's still undervalued and i think that in near future (who knows if months,years or decades) it will stand for sure above 1000 dollars US.

hero member
Activity: 560
Merit: 500
February 24, 2016, 09:00:24 AM
#26
Price rising due to fact everyone believe in this must happen.
This creating more demand for bitcoins, and again price rising.
I believe whales will bring us some surprises. I hope i will be on the train with them.

If we talk for a real what is real price for bitcoin now?
legendary
Activity: 1456
Merit: 1000
February 22, 2016, 04:09:44 PM
#25
The bitcoin ecosystem is too unstable to hold up a price double after the halving. If it does, I'm out. All of my 21 BTC will be withdrawn. There will be a drop. It's understandable for bitcoin to go up to $600 max, but $800 is to high for the community to keep up.

Speculation this far away from having is just to hard.  Likely investing if it happens will happen before and not one huge jump.   We know having is happening so it's not going to sneak up on miners/btc holders.

But as far as price it is way to hard know what it will be.  There are just to many variables to accurately predict having price currently, or I think so at least.
legendary
Activity: 938
Merit: 1002
February 22, 2016, 02:41:19 PM
#24
The bitcoin ecosystem is too unstable to hold up a price double after the halving. If it does, I'm out. All of my 21 BTC will be withdrawn. There will be a drop. It's understandable for bitcoin to go up to $600 max, but $800 is to high for the community to keep up.

"Bitcoin block reward halving" is the process of coin rewards riduction during the existence of Bitcoin.

As you may know bitcoins are "produced" by miners which "solve and find" blocks. When a block is found (or "mined") the miners of the network who helped finding the blocks with computational power are rewarded with Bitcoins.

At start bitcoin's block reward was 50 BTC x block, but ever X blocks it halves (i.e. it get less and less) by the exact half of the previous block reward.
 In example nowadays we just passed the first halving from 50 BTC to 25 BTC per block, infact the actual BTC block reward is 25 BTC x block.

For more informations you can read this: https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term

Hope this helps.

_Crypt1x_

We did not just experience the halving. We are just about to experience the next
sr. member
Activity: 378
Merit: 250
February 22, 2016, 02:01:44 PM
#23
"Bitcoin block reward halving" is the process of coin rewards riduction during the existence of Bitcoin.

As you may know bitcoins are "produced" by miners which "solve and find" blocks. When a block is found (or "mined") the miners of the network who helped finding the blocks with computational power are rewarded with Bitcoins.

At start bitcoin's block reward was 50 BTC x block, but ever X blocks it halves (i.e. it get less and less) by the exact half of the previous block reward.
 In example nowadays we just passed the first halving from 50 BTC to 25 BTC per block, infact the actual BTC block reward is 25 BTC x block.

For more informations you can read this: https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term

Hope this helps.

_Crypt1x_
full member
Activity: 154
Merit: 100
February 22, 2016, 11:50:24 AM
#22
Can someone explain the concept of Bitcoin halving? I've found this timer http://www.bitcoinblockhalf.com/ so what does it acctualy mean besides the halved rewards for the block? Will it affect the price of bitcoin in some way?

Basically deflation, the block reward will be halved from 25 BTC to 12.5 BTC per block. Some argue that the price of BTC will rise, some think it's not necessarily going to cause a price rise.

Last time when halving was done, the price rose to 1000$.
What you think was the reason then for price increase?

I still hopefull, the same thing will happen this time on halving.
staff
Activity: 3206
Merit: 575
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February 22, 2016, 04:25:26 AM
#21
Bitcoin will be much harder to get once it gets close to 21 millions due to halving. Sad
legendary
Activity: 1456
Merit: 1000
February 21, 2016, 09:34:21 AM
#20
I remember when the first halving happened. I got drunk and forgot about it. BTC was the same price the next day. Cool

This it will not be like that dude. It's all because demand and adaption. If you take first halving's time. There was not big demand for bitcoin that time but now situation is different.

There is not that big of a difference.   Bitcoin's price is based on a open market.  Do I think they will switch price to double due to having... no not quickly.  Long term no one knows.

But it already is a free market on price your giving to much power to having.  Have you seen difficulty for miners go up? Does it mean less coins mined for normal miners (or at least coins hitting market quicker) ... yes and is it always directly reflected in price.... no.  So we have many things showing you are wrong.
sr. member
Activity: 434
Merit: 250
February 21, 2016, 07:03:52 AM
#19
I remember when the first halving happened. I got drunk and forgot about it. BTC was the same price the next day. Cool

This it will not be like that dude. It's all because demand and adaption. If you take first halving's time. There was not big demand for bitcoin that time but now situation is different.
sr. member
Activity: 280
Merit: 250
Two heads are better than one.
February 21, 2016, 03:42:14 AM
#18
Can someone explain the concept of Bitcoin halving? I've found this timer http://www.bitcoinblockhalf.com/ so what does it acctualy mean besides the halved rewards for the block? Will it affect the price of bitcoin in some way?

Basically deflation, the block reward will be halved from 25 BTC to 12.5 BTC per block. Some argue that the price of BTC will rise, some think it's not necessarily going to cause a price rise.
legendary
Activity: 1904
Merit: 1074
February 21, 2016, 03:41:20 AM
#17
It is all about supply and demand... Many people think the halving in the block reward, will reduce the amount of coins that will be generated and

supplied from the miners side. They will also have to sell more coins to cover their expenses and hoard less. This is basically the theory behind this and

all the speculation going around about it. Anything can still happen on the buyers side {Bad press / scandals etc.}... so a price increase in not 100%

guaranteed.

I predict a steady increase in the price, working it's way up to the halving and then a sell off just after the event, when people predict that it would be

at it's highest and the best possible time to sell.... then the price would level out again for a while.
legendary
Activity: 1162
Merit: 1000
February 20, 2016, 10:11:36 PM
#16
I remember when the first halving happened. I got drunk and forgot about it. BTC was the same price the next day. Cool

I remember some Doge and Litecoin halvings.

Some I forget about, but I remembered after I saw strange pump and dump moves that coincided with the halving time
legendary
Activity: 1272
Merit: 1012
howdy
February 20, 2016, 09:55:43 PM
#15
I remember when the first halving happened. I got drunk and forgot about it. BTC was the same price the next day. Cool
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