Bitcoin halving Day is a day where the supply of Bitcoin created by the system is reduced to 50%. Bitcoin halving Day first took place in November 2012 in which the system was initially create 50 Bitcoin every 10 minutes, dropping to 25 Bitcoin / 10 min. Bitcoin halving Day occurs every 4 years, and halving Day celebrations next will occur in mid-July, 2016.
Topic: What about Halving??? - page 8. (Read 5149 times)
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as long it'll make bitcoin price's rise, i can sure all people who hold bitcoin will be happy but for the miners, i feel so sorry, their profit will going to be cutted half until some price rising,they need atleast a double price of bitcoin
For people that got a lot of bitcoin, it's a good thing since the price will rise pretty high.
For the miner, btc will be harder to get and the profit will be less.
For the miner, btc will be harder to get and the profit will be less.
Halving will make happy the people like us because it will increase the price of bitcoin but the miners don't like halving they never want halving the want the same award per block , so hope for the best that bitcoin price increase after halving .
I'm feeling either happy nor sad with the upcoming effect of halving, mainly due to half of me wants it since the amount I've saved up for some times in one of my wallet is surely going to have more value after the event but on other hand, I was looking to come back into mining world but I'm holding my cards until seeing what will be the future (in case more profitable mining rigs will be built, so miners could profit once again in an easier scale).
I am looking forward to see what it does to the Bitcoin price, i think that either the price has to rise or mining companies will go out of business, which will lead to even more centralised mining, which is not good for bitcoin.
Who will not like a event that might double your profits? I doubt that it would even get to double that, but there are people who believe in that and this hype is feeding the frenzy. You just need
to note that the halving even though it takes away half of the daily supply, also stimulate hoarders to sell their coins at a higher rate, which will level out the supply once again. My prediction is a higher
price up to the event and then a dump of coins when it is at it's highest. This will bring down the price to it's normal levels again, just after.
to note that the halving even though it takes away half of the daily supply, also stimulate hoarders to sell their coins at a higher rate, which will level out the supply once again. My prediction is a higher
price up to the event and then a dump of coins when it is at it's highest. This will bring down the price to it's normal levels again, just after.
i do like the upcoming block halving as i think there will be a lot speculation that will drive the price up just before the halving takes place. other than the purpose of seeing the price go up the block halving is also good for the demand and supply levels. right now there is more supply than actual demand. the block halving will bring these levels closer to each other.
i also like Halving, it is a profitable thing, that people who have Bitcoins , they are also waiting for Halving.
the miners certainly does not like it, but the halving is good to bring once again the overall attention, to bitcoin, instead to the altsection captained by eth
Actually i love Halving, and i m still waiting for it , anyone is here to like Halving???
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