Topic: Here’s What Happens When Bitcoin Block Rewards Reach 1 Satoshi (Read 186 times)
I don't really believe that the market will surely spike after the halving, not all will be motivated by the block rewards, there are small mining entities that will lose their interest in mining if they will not be able to sell their cryptos in the market. In this case, mining power and basically miners who left will influence the entire market's decision and adoption in the cryptocurrency space. Thus, might lead to market price even go down further.
November 22, 2019, 10:06:39 PM
As it stands, the next block reward halving is expected to occur in mid-May 2020, at which point the reward will be reduced from the current 12.5 BTC, down to 6.25 BTC per block.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
In my understanding, the price needs to go up before the halving happens. The reason I believe this to be true is that mining needs to be profitable. Judging by the investment made in the mining industry, or either the price goes up or mining will become unprofitable even to the biggest companies. I now that the technology is keeping up but still, if the price stays at these levels after the halving we could see the market going into collapse.
November 22, 2019, 09:49:49 PM
Reply to OP - A lot of things might have happened when that time comes. Consider that as time passes by, several advamcements in technology and energy generation would have been discovered. Mining rigs and its components might get cheaper, energy cost might go down if things would follow the good path, and fees alone might be able to make mining still sustainable as an income.
November 22, 2019, 08:36:02 PM
As it stands, the next block reward halving is expected to occur in mid-May 2020, at which point the reward will be reduced from the current 12.5 BTC, down to 6.25 BTC per block.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
This will really test the miners whether they would mine or not. It's not really that big of a deal because even if some miners were to stop and the hash were to drop, the technology will adjust itself which means it would only affect the users for a short term and be back to normal again. To be honest, I'm really not expecting Bitcoin to gain much price just because of the halving.
November 22, 2019, 08:07:26 PM
As it stands, the next block reward halving is expected to occur in mid-May 2020, at which point the reward will be reduced from the current 12.5 BTC, down to 6.25 BTC per block.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
Better is to use free energy for mining, we cant trade our freedom against fiat old system and old governements banks system.
I understand your concept against fiat systems and I support it, but I don't understand what you mean with free energy. Unless you are implying to steal energy from power companies, which I don't recommend.
November 22, 2019, 07:51:32 PM
I was always under the belief that halving should double the value mathematically speaking. However last time it didn't do anything. Bitcoin just carried on like a sea of water slowly going up and down but nothing substantial. I do think within a few years though that bitcoin will be worth a lot more then it is now. Let us give the halving a little time to sink in and see what happens. The thing about the miners, well they either going to turn off their miners and the difficulty will go down and match the amount of bitcoin minded because of that. Or miners will remain mining 2x as hard for the same amount of bitcoin which has to make the price go up since 2x is massive. If their entire income is cut in half then the price of bitcoin has to improve.
November 21, 2019, 09:09:03 PM
It's hard to say what's going to happen
Everyone is expecting a increase of price, ok, but the question is: When?
This is hard to say and we probably will have a dump this time, let's see
And about the future, no one knows, there's a lot of time and a lot os things to consider
Everyone is expecting a increase of price, ok, but the question is: When?
This is hard to say and we probably will have a dump this time, let's see
And about the future, no one knows, there's a lot of time and a lot os things to consider
November 21, 2019, 08:18:08 PM
As it stands, the next block reward halving is expected to occur in mid-May 2020, at which point the reward will be reduced from the current 12.5 BTC, down to 6.25 BTC per block.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
Better is to use free energy for mining, we cant trade our freedom against fiat old system and old governements banks system.
November 21, 2019, 07:01:58 PM
As it stands, the next block reward halving is expected to occur in mid-May 2020, at which point the reward will be reduced from the current 12.5 BTC, down to 6.25 BTC per block.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
By extrapolating forward, it is possible to calculate what the block reward will be at future halving dates. Based on this, the block reward will be reduced to just 0.195 BTC/block in 2040, before reaching a minimum of 1 sat (0.00000001 BTC) in 2140.
Source link for the full news here
I know that in mid-May 2020, we are expecting that the halving would make Bitcoin's price to increase even further. However, there are some analysts who claimed that halving may not guarantee that Bitcoin will be rallying or creating a huge impact in the crypto market.
The only thing for me about halving is that if miners will be motivated if the rewards are getting halved to 6.25 BTC per block. What do you guys think about this one? I would love to hear your comments regarding this post. Thank you in advance.
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