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Topic: Halving is a profitable??? - page 26. (Read 46826 times)

legendary
Activity: 1526
Merit: 1179
June 07, 2016, 05:09:09 AM
Yes off course is halving profitable but not for the miners because that means that their computer needs to search allot more time for the same amount of coins like a year ago so it only takes double time that is not good.
You don't have to worry about miners since the large mining farms can easily make profit at current prices with blocks just containing 12.5 BTC.

If the price stays at current price then 12.5 BTC x $585 =$7312.5 per block.

The largest pools generate around 40 blocks per day, which means 40 x 12.5 = 500 BTC x $585 = $292,500 each day!

$292,500 x 7 = $2,047,500 per week! $2,047,500 x 4 = $8,190,000 per month!!
hero member
Activity: 644
Merit: 509
June 07, 2016, 04:51:08 AM
if the current price increases becuase halving. I have made enough profit. but I'll wait for it continues to increase. because halving really has not happened this time
hero member
Activity: 574
Merit: 500
June 07, 2016, 04:31:52 AM
I don't think such a centain event will make it profitable.

Why not? Halving is certain, however it also means that we can be certain about when it is going to happen, as well as how it's going to effect bitcoin. It's going to cut miner's profits, which reduces the supply of coins.

I think it is going to be profitable for all who choose to hoard their coins until now. Smart move IMO.
jr. member
Activity: 59
Merit: 10
June 07, 2016, 04:23:19 AM
I don't think such a centain event will make it profitable.
hero member
Activity: 518
Merit: 500
June 07, 2016, 04:18:45 AM
Everyone is hoping that the halving will be profitable and there are many people that is waiting for a price increase because the value of the Bitcoin was a long time stable.
So they cant do anything in that time so that have to change and you can even see now that the value of the Bitcoin is rising slowly.

The halving is profitable. The  halving effect might be already there. That could be reason the price from from $200 last year.
I think we've not been in a stable state dude ? you see some of this time bitcoin prices always increase? so this is before the effect of halving happen? of course there are other effects due to the number of blocks have not been in less of?
so it's not a problem if a lot of people waiting for a high price at the time halving?
sr. member
Activity: 854
Merit: 250
June 07, 2016, 03:33:55 AM
There is no doubt for this,the real question is how much?there are people who believe that the price will reach insane amounts like $5000 or even more,personally i disagree with them but i hope they are right ofc  Grin
sr. member
Activity: 350
Merit: 250
June 07, 2016, 03:29:06 AM
halving is not quiet profitable for people who used to mine and that is because you need to see it as a block witch you want to mine. If there come a halving that means that the miner need to search allot longer for blocks to mine and that takes double time to get any coin as before.
sr. member
Activity: 465
Merit: 250
June 07, 2016, 03:05:07 AM
Yes off course is halving profitable but not for the miners because that means that their computer needs to search allot more time for the same amount of coins like a year ago so it only takes double time that is not good.
sr. member
Activity: 364
Merit: 250
June 07, 2016, 02:46:00 AM
The halving will be only profitable when you are making some profit and the value of Bitcoin will be not be that high in the halving and that is because it was stable for a long time.
But of course it is nice if we can earn profit in a fast time but that is not the case now.
sr. member
Activity: 294
Merit: 250
June 07, 2016, 02:19:34 AM
Everyone is hoping that the halving will be profitable and there are many people that is waiting for a price increase because the value of the Bitcoin was a long time stable.
So they cant do anything in that time so that have to change and you can even see now that the value of the Bitcoin is rising slowly.

The halving is profitable. The  halving effect might be already there. That could be reason the price from from $200 last year.
sr. member
Activity: 298
Merit: 250
June 06, 2016, 03:55:31 AM
Everyone is hoping that the halving will be profitable and there are many people that is waiting for a price increase because the value of the Bitcoin was a long time stable.
So they cant do anything in that time so that have to change and you can even see now that the value of the Bitcoin is rising slowly.
full member
Activity: 196
Merit: 100
June 06, 2016, 01:51:23 AM
I found one article about Halving:

"There are concerns that in the two weeks before the July 11, due to the miners outages changeover delay acknowledgment may increase. This will lead to an increase in commissions and lower prices for Bitcoin, which makes it even more disadvantageous working miners, forcing them to turn off their power . "

The problem that this creates for the miners, is that if they are now record a profit by borrowing and selling of coins, with the intention to repay the debt after Halving, if they can not produce enough coins after Halving, they will have to buy bitcoins on the open market - Of course, if only they have resources. This is the same as selling crops on the futures market, and then get into the storm that would destroy half of your fields. Technically, the only way that such a scenario can not be realized because this is the case if the value of Bitcoins will double in time Halving awards for the block.
Since bitcoin trading marginally (which means that only some of all of the issued coins involved in the bidding), liquidity is much lower, so the reduction of extreme change a reward for the block considerably more will affect the price, than one would expect. This will cause a short squeeze.
Some argue that the market already has taken into account all advance, but in fact it is not quite true. The reason is that the vibrations hash Raith during the period Halving will happen very quickly, which promises significant volatility for miners and traders."(c)

Who thinks about this?
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
June 06, 2016, 12:24:53 AM
yes i think in the investor, but in the miners i dont thinks so if it is profitable.
some news the distribution in miners will be cut to 50% thats why.
we are hoping that the halving will be profitable.

I think that is why it is called "halving" from the root word half. We dont even know what could happen. My opinion is due to low mined coins then there will be traffic in buyers for many would buy but there is not much to be given, so it might be a price increase.
full member
Activity: 210
Merit: 100
June 06, 2016, 12:22:23 AM
Every one is getting a profit in incomming bitcoin halving. you must save up you coin and wait for the bitcoin halving. We all here are just waiting the halving to get our profit from it.
sr. member
Activity: 406
Merit: 250
June 06, 2016, 12:11:51 AM
yes i think in the investor, but in the miners i dont thinks so if it is profitable.
some news the distribution in miners will be cut to 50% thats why.
we are hoping that the halving will be profitable.
hero member
Activity: 756
Merit: 500
June 06, 2016, 12:03:09 AM
halving is a process for reducing block bitcoin reward. reward will be reduced by half. and I'm sure the decreasing stock supply bitcoin, bitcoin prices will lead to further advances. save bitcoin is currently very favorable for halving will happen soon.

Actually, halving is indeed one way to the process of reducing the block bitcoin. And every halving occurred certainly price bitcoin displaces a fairly profitable and when we have prepared some of the bitcoin to welcome halving then we would get something very profitable. Save some of the Bitcoin for halving will come soon
sr. member
Activity: 364
Merit: 250
June 05, 2016, 11:59:44 PM
Yes, bitcoin halving is one of the easiest way to earn money because all you need to do is to hold your bitcoin or buy some more and then sell it after the bitcoin halving comes so you can double your money easily.
legendary
Activity: 1526
Merit: 1001
June 05, 2016, 04:18:54 PM
halving is a process for reducing block bitcoin reward. reward will be reduced by half. and I'm sure the decreasing stock supply bitcoin, bitcoin prices will lead to further advances. save bitcoin is currently very favorable for halving will happen soon.
member
Activity: 85
Merit: 10
"That's just like, your opinion, man."
June 05, 2016, 04:14:25 PM
There's a pretty good chance that the price of Bitcoin will increase purely because everyone expects it to. I'm a little worried that most of the increase in value has already been factored into the price already because people have had months to prepare.
hero member
Activity: 658
Merit: 500
June 05, 2016, 04:10:28 PM
Do you think that in this year halving is a profitable???

well personally i spent many money to buy bitcoins, i spent almost everything that i had just to buy many bitcoins for halving because i hope that price will rise after it

so if price will actually rise to 1000$ and more, halving will be profitable for me, but if price won't rise at al, then i won't get any profit at all and i even would lose my money
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