Of course Bitcoin halving is real, a lot of evidence that Bitcoin halving actually happened. Bitcoin halving happens every 4 years, what happens
is block rewards is cut in half. And Bitcoin halving is the biggest event in the world of cryptocurrency for this year, so it's information very easy
to get. If you have doubts about Bitcoin halving, it means you don't read much. Because so many topics in this forum discussing about Bitcoin
halving.
Topic: Is Bitcoin halving real or just a theory?? (Read 725 times)
The bitcoin protocol adjust the mining reward each time 210,000 blocks have been mined since the last halving. Since the protocol aims for a block to be every 10 minutes on average this means the halving should occur every 4 years. We currently experienced three halvings.
Please see this overview stating, as you can see in the last column, the mining reward will be at 1 satoshi starting from block 6720000:
Please see this overview stating, as you can see in the last column, the mining reward will be at 1 satoshi starting from block 6720000:
Code:
halving | block | year | reward
---------|---------|------|------------
0 | 0 | 2009 | 50.00000000
1 | 210000 | 2012 | 25.00000000
2 | 420000 | 2016 | 12.50000000
3 | 630000 | 2020 | 6.25000000
4 | 840000 | 2024 | 3.12500000
5 | 1050000 | 2028 | 1.56250000
6 | 1260000 | 2032 | 0.78125000
7 | 1470000 | 2036 | 0.39062500
8 | 1680000 | 2040 | 0.19531250
9 | 1890000 | 2044 | 0.09765625
10 | 2100000 | 2048 | 0.04882812
11 | 2310000 | 2052 | 0.02441406
12 | 2520000 | 2056 | 0.01220703
13 | 2730000 | 2060 | 0.00610352
14 | 2940000 | 2064 | 0.00305176
15 | 3150000 | 2068 | 0.00152588
16 | 3360000 | 2072 | 0.00076294
17 | 3570000 | 2076 | 0.00038147
18 | 3780000 | 2080 | 0.00019073
19 | 3990000 | 2084 | 0.00009537
20 | 4200000 | 2088 | 0.00004768
21 | 4410000 | 2092 | 0.00002384
22 | 4620000 | 2096 | 0.00001192
23 | 4830000 | 2100 | 0.00000596
24 | 5040000 | 2104 | 0.00000298
25 | 5250000 | 2108 | 0.00000149
26 | 5460000 | 2112 | 0.00000075
27 | 5670000 | 2116 | 0.00000037
28 | 5880000 | 2120 | 0.00000019
29 | 6090000 | 2124 | 0.00000009
30 | 6300000 | 2128 | 0.00000005
31 | 6510000 | 2132 | 0.00000002
32 | 6720000 | 2136 | 0.00000001
33 | 6930000 | 2140 | 0.00000001
lnx@tasman:~/dev/snippets$
lnx@tasman:~/dev/snippets$ python3 halving.py
halving | block | year | reward
---------|---------|------|------------
0 | 0 | 2009 | 50.00000000
1 | 210000 | 2012 | 25.00000000
2 | 420000 | 2016 | 12.50000000
3 | 630000 | 2020 | 6.25000000
4 | 840000 | 2024 | 3.12500000
5 | 1050000 | 2028 | 1.56250000
6 | 1260000 | 2032 | 0.78125000
7 | 1470000 | 2036 | 0.39062500
8 | 1680000 | 2040 | 0.19531250
9 | 1890000 | 2044 | 0.09765625
10 | 2100000 | 2048 | 0.04882812
11 | 2310000 | 2052 | 0.02441406
12 | 2520000 | 2056 | 0.01220703
13 | 2730000 | 2060 | 0.00610352
14 | 2940000 | 2064 | 0.00305176
15 | 3150000 | 2068 | 0.00152588
16 | 3360000 | 2072 | 0.00076294
17 | 3570000 | 2076 | 0.00038147
18 | 3780000 | 2080 | 0.00019073
19 | 3990000 | 2084 | 0.00009537
20 | 4200000 | 2088 | 0.00004768
21 | 4410000 | 2092 | 0.00002384
22 | 4620000 | 2096 | 0.00001192
23 | 4830000 | 2100 | 0.00000596
24 | 5040000 | 2104 | 0.00000298
25 | 5250000 | 2108 | 0.00000149
26 | 5460000 | 2112 | 0.00000075
27 | 5670000 | 2116 | 0.00000037
28 | 5880000 | 2120 | 0.00000019
29 | 6090000 | 2124 | 0.00000009
30 | 6300000 | 2128 | 0.00000005
31 | 6510000 | 2132 | 0.00000002
32 | 6720000 | 2136 | 0.00000001
---------|---------|------|------------
0 | 0 | 2009 | 50.00000000
1 | 210000 | 2012 | 25.00000000
2 | 420000 | 2016 | 12.50000000
3 | 630000 | 2020 | 6.25000000
4 | 840000 | 2024 | 3.12500000
5 | 1050000 | 2028 | 1.56250000
6 | 1260000 | 2032 | 0.78125000
7 | 1470000 | 2036 | 0.39062500
8 | 1680000 | 2040 | 0.19531250
9 | 1890000 | 2044 | 0.09765625
10 | 2100000 | 2048 | 0.04882812
11 | 2310000 | 2052 | 0.02441406
12 | 2520000 | 2056 | 0.01220703
13 | 2730000 | 2060 | 0.00610352
14 | 2940000 | 2064 | 0.00305176
15 | 3150000 | 2068 | 0.00152588
16 | 3360000 | 2072 | 0.00076294
17 | 3570000 | 2076 | 0.00038147
18 | 3780000 | 2080 | 0.00019073
19 | 3990000 | 2084 | 0.00009537
20 | 4200000 | 2088 | 0.00004768
21 | 4410000 | 2092 | 0.00002384
22 | 4620000 | 2096 | 0.00001192
23 | 4830000 | 2100 | 0.00000596
24 | 5040000 | 2104 | 0.00000298
25 | 5250000 | 2108 | 0.00000149
26 | 5460000 | 2112 | 0.00000075
27 | 5670000 | 2116 | 0.00000037
28 | 5880000 | 2120 | 0.00000019
29 | 6090000 | 2124 | 0.00000009
30 | 6300000 | 2128 | 0.00000005
31 | 6510000 | 2132 | 0.00000002
32 | 6720000 | 2136 | 0.00000001
33 | 6930000 | 2140 | 0.00000001
lnx@tasman:~/dev/snippets$
lnx@tasman:~/dev/snippets$ python3 halving.py
halving | block | year | reward
---------|---------|------|------------
0 | 0 | 2009 | 50.00000000
1 | 210000 | 2012 | 25.00000000
2 | 420000 | 2016 | 12.50000000
3 | 630000 | 2020 | 6.25000000
4 | 840000 | 2024 | 3.12500000
5 | 1050000 | 2028 | 1.56250000
6 | 1260000 | 2032 | 0.78125000
7 | 1470000 | 2036 | 0.39062500
8 | 1680000 | 2040 | 0.19531250
9 | 1890000 | 2044 | 0.09765625
10 | 2100000 | 2048 | 0.04882812
11 | 2310000 | 2052 | 0.02441406
12 | 2520000 | 2056 | 0.01220703
13 | 2730000 | 2060 | 0.00610352
14 | 2940000 | 2064 | 0.00305176
15 | 3150000 | 2068 | 0.00152588
16 | 3360000 | 2072 | 0.00076294
17 | 3570000 | 2076 | 0.00038147
18 | 3780000 | 2080 | 0.00019073
19 | 3990000 | 2084 | 0.00009537
20 | 4200000 | 2088 | 0.00004768
21 | 4410000 | 2092 | 0.00002384
22 | 4620000 | 2096 | 0.00001192
23 | 4830000 | 2100 | 0.00000596
24 | 5040000 | 2104 | 0.00000298
25 | 5250000 | 2108 | 0.00000149
26 | 5460000 | 2112 | 0.00000075
27 | 5670000 | 2116 | 0.00000037
28 | 5880000 | 2120 | 0.00000019
29 | 6090000 | 2124 | 0.00000009
30 | 6300000 | 2128 | 0.00000005
31 | 6510000 | 2132 | 0.00000002
32 | 6720000 | 2136 | 0.00000001
According to coindex, https://www.coindesk.com/bitcoin-halving-explainer
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
Bitcoin Halving is a practical principle of bitcoin cryptocurrency and its simply reducing the miners rewards by 1/2 in every four years.
We've had about three halving since the evolution of bitcoin.
1. Bitcoin Halving 2012 (50÷2=25)
2. Bitcoin Halving 2016 (25÷2=12.5)
3. Bitcoin Halving 2020 (12.5÷2=6.25)
This affect the supply side of bitcoin in circulation as scarcity raises it value...
Bitcoin halving is an event which takes place every four years and this event has been ongoing , every four years the total reward of miners is being halved and the bitcoin price becomes bullish, so it's real and the previous halving was observed this year in May .
This is actually an indication that you were not really following crypto updates and details about cryptocurrency, when we just experienced the reality of halving a few weeks back, I suggest you go and read more about it.
Halving is real, it usually comes in between the bear and the bull, is the period when the miners reward is halved and Bitcoin bullish is launched.
Halving is designed for bitcoin not to be inflationary, a single reason that we could have ignore it by now. What do you mean that the halving is real and it usually comes in between the bear and the bull? do know what really the halving is? lol halving is expected to happen every for years from following the number of blocks being mined every year, if we get constant mined blocks then we can mathematically calculate when will be the next halving. It is not seasonal nor pushed by the crypto users lol. Halving is real, it usually comes in between the bear and the bull, is the period when the miners reward is halved and Bitcoin bullish is launched.
According to coindex, https://www.coindesk.com/bitcoin-halving-explainer
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
According to coindex, https://www.coindesk.com/bitcoin-halving-explainer
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
So with all the evidences and successful two halvings already done the OP still asks whether this is real or a theory. Well stick around till May ends and you will find that answer yourself. Bitcoin halving is going to happen since it has been engineered into the network to do so and it does not need the approval of anybody to execute this function. it is automatic.
This May 2020 we experienced halving and our bitcoin's price somehow moved in the market. If you didn't feel sudden pump and downfall in the price of bitcoin then you should wait for it till the next halving in year 2024. I will tell you, halving is real, if halving doesn't exist then bitcoin will not have any improvement as an asset in our investments. If you believe on halving, then just don't panic when halving occurs because it can really affect your bitcoin assets once you hold it.
A theory is just a compilation of ideas that is waiting to be proved or an intelligent assumption based on existing facts or clues. If Bitcoin halves, we maybe already seeing some price drops but that is not the case. We know that Bitcoin is having an stable value and just fluctuates it not too far amounts. We just need to be in constant watch of the pricing because it is not that hard to view Bitcoins value. We just need to wait if its real or not.
This is actually an indication that you were not really following crypto updates and details about cryptocurrency, when we just experienced the reality of halving a few weeks back, I suggest you go and read more about it.
Halving is real, it usually comes in between the bear and the bull, is the period when the miners reward is halved and Bitcoin bullish is launched.
Halving is real, it usually comes in between the bear and the bull, is the period when the miners reward is halved and Bitcoin bullish is launched.
Bitcoin halving is real, actually the halving is grabbing so much attention mostly because many believe it will lead to a price increase. The truth is, no one knows what’s going to happen and has seen two halvings so far 
...
IMO, the only theory that will could rely into is the long term bitcoin market value increase. All of the trends after halving are just hype and for us to really benefit in the market, we should wait further, a year or 2 to earn a profit.
This moment has been waiting for. Moreover, the two previous halving periods really brought big changes. So, a group of people who missed the previous period would want to try their luck in this period, that's what supports the high hype. But the big pump does not appear instantly, as you said, it took about a year to see a significant increase. Moreover, now we are in a difficult situation, the process can be longer. Well, the crypto world is very difficult to predict, it could be that the historical data is not valid this year, or new history will form. IMO, the only theory that will could rely into is the long term bitcoin market value increase. All of the trends after halving are just hype and for us to really benefit in the market, we should wait further, a year or 2 to earn a profit.
Is anything but a hypothesis but instead a reality. no matter whether we consider how individuals are utilizing digital money today, no matter whether everybody truly began utilising Bitcoin for normal use, no matter whether fiat was supplanted by fiat, Bitcoin dividing is an event that's now within the framework. that's except if you remove the online far and wide where nobody would have the choice to interface with it. Simply envision it being a line of code that's set to happen once tons of records/activities is watched. 
Bitcoin halving can't be just a therory at all if you compare it with previous havlings. Probably bitcoin will show its havling effect, gradually. But i don't think, people are falling back & investing in cryptocurrency cause now they need money for manage their daily expense. The miners reward is halved in every halving so it is something in real and you cannot call it a theory. On every halving the miners reward will be half so for the miners to continue mining, the bitcoin price will increase after every halving.
According to coindex, https://www.coindesk.com/bitcoin-halving-explainer
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
by the old timer here and also makes the market price move up every time this event comes so how does it become theoretical
when this has been already happened times before?
and also the Miners can prove you this from the 2016 halving(since that time Miners bonus is far bigger than what offers this
2020 halving so that is really shameful)
It is normal for the investors to at least fall back every time there is a hard days in the market because they intend to profit
and not to stay though there are people like me that can afford waiting even if this took us years just to let our money
stays inside since what we invested here are the amount that we can afford to lose.
There are tons of theories and misconceptions about bitcoin halving. Some says, including me, that bitcoin halving will create a hype and people will buy and accumulate bitcoin right before halving occurs. I think it really happens, we can see the market just increase a little bit but not too much. Another speculation is that, more miners will surrender and leave the market because of losses since mining rewards will be halved. And I think it depends, there are some articles that tells that hashing power is getting low, but not directly stating that miners are leaving so it is still a theory.
IMO, the only theory that will could rely into is the long term bitcoin market value increase. All of the trends after halving are just hype and for us to really benefit in the market, we should wait further, a year or 2 to earn a profit.
IMO, the only theory that will could rely into is the long term bitcoin market value increase. All of the trends after halving are just hype and for us to really benefit in the market, we should wait further, a year or 2 to earn a profit.
How can we talk about a theory when this is happening before our eyes?
I'm also surprised. It seems like the OP must read more, don't just be easily provoked by a global conspiracy 
https://www.binance.vision/halving
This month is the third halving. Crypto enthusiasts are waiting for a big change from market movements, while the OP is still questioning whether this is just a theory? I hope the OP doesn't miss the train.
i guess the OP has already so much info here that more then likely he already changed his perspectives towards bitcoin halving. just by searching in google will give him insights that halving is real and not just a conspiracy theory. but we can't blame him if he initially had that kind of thoughts. this forum will give him a lot of knowledge that no one can get from other crypto websites. also, he can always ask for assistance from the forum members here even with stupid questions like this..
How can we talk about a theory when this is happening before our eyes?
I'm also surprised. It seems like the OP must read more, don't just be easily provoked by a global conspiracy https://www.binance.vision/halving
This month is the third halving. Crypto enthusiasts are waiting for a big change from market movements, while the OP is still questioning whether this is just a theory? I hope the OP doesn't miss the train.
Is anything but a hypothesis but instead a reality. no matter whether we consider how individuals are utilizing digital money today, no matter whether everybody truly began utilising Bitcoin for normal use, no matter whether fiat was supplanted by fiat, Bitcoin dividing is an event that's now within the framework. that's except if you remove the online far and wide where nobody would have the choice to interface with it. Simply envision it being a line of code that's set to happen once tons of records/activities is watched.
Bitcoin halving can't be just a therory at all if you compare it with previous havlings. Probably bitcoin will show its havling effect, gradually. But i don't think, people are falling back & investing in cryptocurrency cause now they need money for manage their daily expense.
You might be confusing the term "halving" with the term "burning". Where burning occurs when a project decides to cut their own supply in order to adjust the intended demand of just burn/destroy unused or unsold cryptocurrencies from their sale, Bitcoin doesn't have this "burn" feature as it wasn't even introduced by Satoshi. Halving is totally different from burning since it doesn't cut the total supply of 21,000,000 BTC it only cuts the block rewards of miners when they are mining BTC, what it does is it essentially slows down the process for miners getting more and more of the last supply of unmined BTC.
Theory. I saw a lot of messages that spoke about this. So far, none of them have been right.
please tell us how you checked this messages?
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