Mining, Halving, Market Cap and Price are individually separate thing but all are dependent.
Halving off course reduce price of block reward but rate of exchange is exponentially growing comparative to USD, we can get higher value for exchange of bitcoin. And as per time go it will too costly to transfer bitcoin with small amount as fee will be higher for transaction verification.
Topic: The word "Bitcoin halving" (Read 2596 times)
Yes the block reward for mining is halving which means instead of the 25 bitcoins rewarded for every block solved it will be lowered by half down to 12.5. So in essence the supply of bitcoins is halved . So in theory most people are expecting some sort of price rise due to a decreased supply of coin.
There is not going to be a decreased supply of coin it will just be harder to collect from while mining because the reward will be 12.5 BTC per block and not 25 BTC per block. In my opinion to many people are making to big of a deal on this. It will get harder to mine, and the price will raise, but that is all. 
My understanding about halving is to give more value to bitcoin 50% more by making it harder to mine it in huge numbers. Think of gold mining. It is really hard these days to mine it and you need a more technically advanced equipment, tools, and methods of meaning gold before you get it. Miners are investing a huge amount of money to mine gold. By so doing, this makes the value of gold soaring and seems always increasing as time goes.
The comparison to gold mining is flawed because the same amount of bitcoins are mined regardless of how much money is spent mining them.
Just like bitcoin, the cost of obtaining the gold does not determine its value. Despite the increasing costs of mining gold, its price fell during the years 1981-2000 and 2011-2016.
Hi guys.
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
In simple word it can be easily understandable.
Bitcoin is a First cryptocurrency(Digital Currency) in market having highest value of exchange against fiat currency. Bitcoin is based on SHA 256 scrypt and already defined some programs in it.
As Firstly when mining start at 2008 price for 1 mined block was 50 BTC as per day 3000 BTC can be mined according to this maths it takes 4 years to mine 210000 blocks after every 210000 blocks mined Halving Occurs.
Halving mainly affects on reward of blocks every-time it occurs.
Currently we are in second halving as 2012 to 2016 and currently block reward is 25 BTC. After 2nd halving price of block reward will be 12.5 BTC.
This process of decreasing price of block reward after every 4 years can be called as "Halving".
Thank you for a great explanation. So basically it just makes mining less affordable? Will this lead small miners to shut down shop or will BTC price increases balance out the reward loss? As it continues to half in the future will BTC become more centralized as only the huge mining farms will be able to "survive?"
mining is affordable and will remain affordable even if the price went down a little. halving will make mining less profitable.
also bitcoin price shouldn't change with halving to balance anything out, although this happens. and as for the future nothing is certain and always the amount of fees can change so that it matches the price and make mining profitable again if price goes down.
My understanding about halving is to give more value to bitcoin 50% more by making it harder to mine it in huge numbers. Think of gold mining. It is really hard these days to mine it and you need a more technically advanced equipment, tools, and methods of meaning gold before you get it. Miners are investing a huge amount of money to mine gold. By so doing, this makes the value of gold soaring and seems always increasing as time goes.
Hi guys.
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
In simple word it can be easily understandable.
Bitcoin is a First cryptocurrency(Digital Currency) in market having highest value of exchange against fiat currency. Bitcoin is based on SHA 256 scrypt and already defined some programs in it.
As Firstly when mining start at 2008 price for 1 mined block was 50 BTC as per day 3000 BTC can be mined according to this maths it takes 4 years to mine 210000 blocks after every 210000 blocks mined Halving Occurs.
Halving mainly affects on reward of blocks every-time it occurs.
Currently we are in second halving as 2012 to 2016 and currently block reward is 25 BTC. After 2nd halving price of block reward will be 12.5 BTC.
This process of decreasing price of block reward after every 4 years can be called as "Halving".
Thank you for a great explanation. So basically it just makes mining less affordable? Will this lead small miners to shut down shop or will BTC price increases balance out the reward loss? As it continues to half in the future will BTC become more centralized as only the huge mining farms will be able to "survive?"
mining is affordable and will remain affordable even if the price went down a little. halving will make mining less profitable.
also bitcoin price shouldn't change with halving to balance anything out, although this happens. and as for the future nothing is certain and always the amount of fees can change so that it matches the price and make mining profitable again if price goes down.
Hi guys.
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
In simple word it can be easily understandable.
Bitcoin is a First cryptocurrency(Digital Currency) in market having highest value of exchange against fiat currency. Bitcoin is based on SHA 256 scrypt and already defined some programs in it.
As Firstly when mining start at 2008 price for 1 mined block was 50 BTC as per day 3000 BTC can be mined according to this maths it takes 4 years to mine 210000 blocks after every 210000 blocks mined Halving Occurs.
Halving mainly affects on reward of blocks every-time it occurs.
Currently we are in second halving as 2012 to 2016 and currently block reward is 25 BTC. After 2nd halving price of block reward will be 12.5 BTC.
This process of decreasing price of block reward after every 4 years can be called as "Halving".
Thank you for a great explanation. So basically it just makes mining less affordable? Will this lead small miners to shut down shop or will BTC price increases balance out the reward loss? As it continues to half in the future will BTC become more centralized as only the huge mining farms will be able to "survive?"
Hi guys.
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
I would be grateful if anybody explains what is meant by it.
Thanks
In simple word it can be easily understandable.
Bitcoin is a First cryptocurrency(Digital Currency) in market having highest value of exchange against fiat currency. Bitcoin is based on SHA 256 scrypt and already defined some programs in it.
As Firstly when mining start at 2008 price for 1 mined block was 50 BTC as per day 3000 BTC can be mined according to this maths it takes 4 years to mine 210000 blocks after every 210000 blocks mined Halving Occurs.
Halving mainly affects on reward of blocks every-time it occurs.
Currently we are in second halving as 2012 to 2016 and currently block reward is 25 BTC. After 2nd halving price of block reward will be 12.5 BTC.
This process of decreasing price of block reward after every 4 years can be called as "Halving".
There is a price increase after halving because the supply of the coins are Low and The mining reward is halved!!!!!
Currently, the supply of bitcoins increases by 25 every 10 minutes. After the halving, the supply will increase by 12.5 every 10 minutes. Regardless, the supply is higher after the halving and it continues to increase.
I don't think people are buying at a moment as if they would be buying then price would not be stable and it will continue to move up, but its not happening at a moment.
There is a price increase after halving because the supply of the coins are Low and The mining reward is halved!!!!!
Currently, the supply of bitcoins increases by 25 every 10 minutes. After the halving, the supply will increase by 12.5 every 10 minutes. Regardless, the supply is higher after the halving and it continues to increase.
I don't think people are buying at a moment as if they would be buying then price would not be stable and it will continue to move up, but its not happening at a moment.
There is a price increase after halving because the supply of the coins are Low and The mining reward is halved!!!!!
Currently, the supply of bitcoins increases by 25 every 10 minutes. After the halving, the supply will increase by 12.5 every 10 minutes. Regardless, the supply is higher after the halving and it continues to increase.
There is a price increase after halving because the supply of the coins are Low and The mining reward is halved!!!!!
I don't really know what is meant with halving it, but I know something effect of halving surely when halving it will have an impact on the price increase.
Yes youre right every halving makes the bitcoin price to go up,, buyers and traders are waiting for this halving to come,cause for them it one way to make an easy profit..Yes halving will take price of bitcoin higher and that is the reason everyone is holding their coins to get higher profits by selling their coins at that time.
.Price of bitcoin is not moving up now and that is really a big thing to worry as we were expecting some higher price by now but its not happening at a moment.
I don't think that halving will show us the best price that we all are expecting from it but lets hope we may see higher price in compare to current price.
I don't really know what is meant with halving it, but I know something effect of halving surely when halving it will have an impact on the price increase.
Yes youre right every halving makes the bitcoin price to go up,, buyers and traders are waiting for this halving to come,cause for them it one way to make an easy profit..There has only been one Bitcoin halving, so I don't know why you write "every halving". Anyway, the price of a bitcoin was flat for two months after the first halving.
Maybe you are including the Litecoin halving last year. In that case, the price dropped after the halving and was flat for nine months.
This event, the moment when the mining reward is divided by 2, is commonly called "Bitcoin halving". and some other people are saying that because of it the price will go high .
Yeah it will go up because the stocks will be fewer than before and bitcoin will be hard to mine or earn.I assume by "stocks", you mean bitcoins. The number of bitcoins is always increasing toward 21 million. There will be more bitcoins after the halving than before the halving.
Bitcoins will be only temporarily be harder to mine until the difficulty drops and/or miner efficiency rises.
Bitcoins will not be harder to earn unless the price rises.
I don't really know what is meant with halving it, but I know something effect of halving surely when halving it will have an impact on the price increase.
Yes youre right every halving makes the bitcoin price to go up,, buyers and traders are waiting for this halving to come,cause for them it one way to make an easy profit..Yes halving will take price of bitcoin higher and that is the reason everyone is holding their coins to get higher profits by selling their coins at that time.
.Price of bitcoin is not moving up now and that is really a big thing to worry as we were expecting some higher price by now but its not happening at a moment.
I don't really know what is meant with halving it, but I know something effect of halving surely when halving it will have an impact on the price increase.
Yes youre right every halving makes the bitcoin price to go up,, buyers and traders are waiting for this halving to come,cause for them it one way to make an easy profit..Yes halving will take price of bitcoin higher and that is the reason everyone is holding their coins to get higher profits by selling their coins at that time.
. I don't really know what is meant with halving it, but I know something effect of halving surely when halving it will have an impact on the price increase.
Yes youre right every halving makes the bitcoin price to go up,, buyers and traders are waiting for this halving to come,cause for them it one way to make an easy profit..Yes halving will take price of bitcoin higher and that is the reason everyone is holding their coins to get higher profits by selling their coins at that time.
This event, the moment when the mining reward is divided by 2, is commonly called "Bitcoin halving". and some other people are saying that because of it the price will go high .
Yeah it will go up because the stocks will be fewer than before and bitcoin will be hard to mine or earn. So it cause for other people to buy a lot of bitcoins on low price just like what happened on few weeks ago and they continue keeping it for the incoming halving because they believe that holding bitcoin can help us to make good profits because the price is continue rising and resulting for easy profit 
. I don't really know what is meant with halving it, but I know something effect of halving surely when halving it will have an impact on the price increase.
Yes youre right every halving makes the bitcoin price to go up,, buyers and traders are waiting for this halving to come,cause for them it one way to make an easy profit.. 
The thing is every now and then in several topics (specially in economics section ) I hear the word bitcoin halving??
What does that word mean??? I really don't get it.
In very short, it means m0000000000000000000000000000n What does that word mean??? I really don't get it.
In longer version, it means 12,5 bitcoins mined every 10 minutes instead of 25. Thats huge.
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