Whats's halving? | Bitcointalksearch.org

kik1977

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Quote from: Lucas* on July 01, 2016, 10:43:14 AM

halving is an event that company gather all the money and after the halving they decomposed the amount into all participants .
check this : http://qz.com/681996/everything-you-need-to-know-about-the-bitcoin-halving-event/

Do you mean something like this?

mirakal

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Quote from: bit1 on July 03, 2016, 02:44:09 PM

Quote from: odolvlobo on July 03, 2016, 02:35:06 PM

Quote from: mirakal on July 03, 2016, 01:56:36 AM

Quote from: odolvlobo on July 03, 2016, 01:03:47 AM

Quote from: ebookscreator on July 02, 2016, 06:48:02 PM

For me block halving is one o the event where bitcoin block will be half from 25 btc to 12.5 btc thats why the price of bitcoin will increase more because our supply reduce from 25 btc to 12.5 btc.

Please don't confuse supply with production. The production is cut in half, but the supply is not. The supply continues to increase toward 21 million.

... so it is important that this halving should bring the price to increase to maintain the profitable operation of the miners.

Sorry to disagree with you. The importance of keeping certain miners mining is debatable. If the price does not increase, then the inefficient miners will drop out, making is more profitable for efficient miners to start or continue mining.

Agree with you, less and more efficient(Include speed and energy efficiency on it) powerful miners, they seem to be the future of mining.

So if that's the case then it is more profitable to invest in legitimate cloud mining operation than having your own mining operation not meeting the qualification of efficient miners.

bit1

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Quote from: odolvlobo on July 03, 2016, 02:35:06 PM

Quote from: mirakal on July 03, 2016, 01:56:36 AM

Quote from: odolvlobo on July 03, 2016, 01:03:47 AM

Quote from: ebookscreator on July 02, 2016, 06:48:02 PM

For me block halving is one o the event where bitcoin block will be half from 25 btc to 12.5 btc thats why the price of bitcoin will increase more because our supply reduce from 25 btc to 12.5 btc.

Please don't confuse supply with production. The production is cut in half, but the supply is not. The supply continues to increase toward 21 million.

... so it is important that this halving should bring the price to increase to maintain the profitable operation of the miners.

Sorry to disagree with you. The importance of keeping certain miners mining is debatable. If the price does not increase, then the inefficient miners will drop out, making is more profitable for efficient miners to start or continue mining.

Agree with you, less and more efficient(Include speed and energy efficiency on it) powerful miners, they seem to be the future of mining.

odolvlobo

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Quote from: mirakal on July 03, 2016, 01:56:36 AM

Quote from: odolvlobo on July 03, 2016, 01:03:47 AM

Quote from: ebookscreator on July 02, 2016, 06:48:02 PM

For me block halving is one o the event where bitcoin block will be half from 25 btc to 12.5 btc thats why the price of bitcoin will increase more because our supply reduce from 25 btc to 12.5 btc.

Please don't confuse supply with production. The production is cut in half, but the supply is not. The supply continues to increase toward 21 million.

... so it is important that this halving should bring the price to increase to maintain the profitable operation of the miners.

Sorry to disagree with you. The importance of keeping certain miners mining is debatable. If the price does not increase, then the inefficient miners will drop out, making is more profitable for efficient miners to start or continue mining.

mirakal

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Quote from: odolvlobo on July 03, 2016, 01:03:47 AM

Quote from: ebookscreator on July 02, 2016, 06:48:02 PM

For me block halving is one o the event where bitcoin block will be half from 25 btc to 12.5 btc thats why the price of bitcoin will increase more because our supply reduce from 25 btc to 12.5 btc.

Please don't confuse supply with production. The production is cut in half, but the supply is not. The supply continues to increase toward 21 million.

True, the production will be affected due to difficulty in mining while the expenses of the miners will eventually increase so it is important that this halving should bring the price to increase to maintain the profitable operation of the miners.

odolvlobo

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Quote from: ebookscreator on July 02, 2016, 06:48:02 PM

For me block halving is one o the event where bitcoin block will be half from 25 btc to 12.5 btc thats why the price of bitcoin will increase more because our supply reduce from 25 btc to 12.5 btc.

Please don't confuse supply with production. The production is cut in half, but the supply is not. The supply continues to increase toward 21 million.

ebookscreator

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For me block halving is one o the event where bitcoin block will be half from 25 btc to 12.5 btc thats why the price of bitcoin will increase more because our supply reduce from 25 btc to 12.5 btc.. its easy to understand what block halving is.. the word halving considering half.. block is where our source where we can mine bitcoin.. each block has 25 btc as of now after block halving per block reward should be 12.5 btc..

longbob72

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Quote from: GamingBro on July 02, 2016, 09:38:01 AM

I am so confused Grin

Many people just trying to find the answer in google when they don't know the answer, but this guy created topic, next level.

You'll be amazed how many users ask questions that can be answered by simple internet search only to be answered with completely wrong answers from people who doesn't know what they're talking about here in bitcointalk.

bit1

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HAL/VING HALVING The same but translated in terms of reward.

Edit: The Bitcoin block mining reward halves each 210K blocks, in this halving the coin reward will decrease from 25 to 12.5 coins(Next halving will happen on less of seven days from now).

GamingBro

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I am so confused Grin

Many people just trying to find the answer in google when they don't know the answer, but this guy created topic, next level.

Bitcoin Brazil

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Quote from: mirakal on July 02, 2016, 04:10:19 AM

Quote from: Mvaporis1961 on July 01, 2016, 11:08:05 PM

Quote from: Bitcoin Brazil on July 01, 2016, 07:52:20 PM

Halving is scaring me a bit... well I bet everyone is a bit curious to what will happen. I do believe we could see a rise after halving rather than a drop. I get so happy when I see people close to me asking and talking more about bitcoin. It is 2016 and nobody can not know what bitcoin is... Its the future!!

Anyways, I am a very positive person, I will hold my BTC.

Yeah that's right the price will possibly rise after halving but you can't be sure that it will only go for that direction because the price is only depending on demand and supply so if many holders of bitcoin will sell all their coins and it will result for a massive drop which is opposite on what you're thinking.

The thing is the longer bitcoin exist the more demand it creates and it is very simple to spot the result when you study economics, the basic principle should apply on the law of demand and supply, with halving it would only mean that supply will be short because many are holding.

I am just not sure about Bitcoin on the future... When the mining will forever stop, of course there are many coins, but will this be a stable market? wont people abandon BTC?

mirakal

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Quote from: Mvaporis1961 on July 01, 2016, 11:08:05 PM

Quote from: Bitcoin Brazil on July 01, 2016, 07:52:20 PM

Halving is scaring me a bit... well I bet everyone is a bit curious to what will happen. I do believe we could see a rise after halving rather than a drop. I get so happy when I see people close to me asking and talking more about bitcoin. It is 2016 and nobody can not know what bitcoin is... Its the future!!

Anyways, I am a very positive person, I will hold my BTC.

Yeah that's right the price will possibly rise after halving but you can't be sure that it will only go for that direction because the price is only depending on demand and supply so if many holders of bitcoin will sell all their coins and it will result for a massive drop which is opposite on what you're thinking.

The thing is the longer bitcoin exist the more demand it creates and it is very simple to spot the result when you study economics, the basic principle should apply on the law of demand and supply, with halving it would only mean that supply will be short because many are holding.

Mvaporis1961

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Quote from: Bitcoin Brazil on July 01, 2016, 07:52:20 PM

Halving is scaring me a bit... well I bet everyone is a bit curious to what will happen. I do believe we could see a rise after halving rather than a drop. I get so happy when I see people close to me asking and talking more about bitcoin. It is 2016 and nobody can not know what bitcoin is... Its the future!!

Anyways, I am a very positive person, I will hold my BTC.

Yeah that's right the price will possibly rise after halving but you can't be sure that it will only go for that direction because the price is only depending on demand and supply so if many holders of bitcoin will sell all their coins and it will result for a massive drop which is opposite on what you're thinking.

Bitcoin Brazil

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Halving is scaring me a bit... well I bet everyone is a bit curious to what will happen. I do believe we could see a rise after halving rather than a drop. I get so happy when I see people close to me asking and talking more about bitcoin. It is 2016 and nobody can not know what bitcoin is... Its the future!!

Anyways, I am a very positive person, I will hold my BTC.

expert4knowledge

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Quote from: DoublerHunter on June 30, 2016, 10:39:11 AM

Quote from: expert4knowledge on June 29, 2016, 03:59:49 PM

Quote from: Farma on May 20, 2016, 01:04:36 PM

halving, is a great opportunity awaited by bitcoin users to generate enormous income. Well, I guess that would make bitcoin prices rose. Cool

wait and see it

To be honest I am not sure that bitcoin price rises as a result of supply and demand equation and having lots of sellers after halving.

I agree with you. Even though many users are saying that halving is one of the best opportunity to earn some good profits i think i doubt that because if you are not smart on choosing when you gonna sell your coins you will left behind and get less profit than what other sellers get. Halving can also be a cause of panic selling because a lot of people's mindset is just to sell their coins because i think they are brainwashed that halving is the best time to sell all out of our coins Roll Eyes

.

Yes unfortunately many of people are expecting that bitcoin become even to 4k price but in my opinion best price is 850$ till next 1-2 months.

Bestwishes745

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Quote from: kik1977 on June 06, 2016, 05:25:58 PM

Quote from: Erzatium on June 06, 2016, 11:09:05 AM

halving means that there are not enough blocks ready where the miner can pick sort of coins you know. So the miner needs to search allot more longer then he did before that causes slower bitcoin mining.

This. And in another thread people are guessing if the halving is real or is a myth.. what's wrong with you guys? Can't even bother to study a little bit? I wonder what exactly you are doing in a bitcoin forum.

If someone search on google they will find good articles about halving, after that they will understand that what is it, and so they will be able to earn in future, otherwise if they started to follow others predictions they will be confused.

odolvlobo

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Quote from: Lucas* on July 01, 2016, 10:43:14 AM

halving is an event that company gather all the money and after the halving they decomposed the amount into all participants .
check this : http://qz.com/681996/everything-you-need-to-know-about-the-bitcoin-halving-event/

Yes, that is exactly what it is. <---- extreme sarcasm

calkob

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where have you been hiding ? under a rock....lol just google bitcoin halving and you will get an idiots guide to the halving.....no offence

Lucas*

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halving is an event that company gather all the money and after the halving they decomposed the amount into all participants .
check this : http://qz.com/681996/everything-you-need-to-know-about-the-bitcoin-halving-event/

Enotche

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The code stipulates that only 21 million can be for the entire life cycle of bitcoin, coins common issue.
The limitation related to mining bitcoin, was aimed at countering the endless printing of paper money.

Every time a new unit is added to the bitcoin network only obtained bitcoin reward to go to a miner who got them. The award, originally was 50 of BTC, then the end of 2012 dropped to 25 of BTC, and the next month is planned to decline to 12,5 BTC. This event is known as the "Halving».

Bitcoin code Halving:

Topic: Whats's halving? (Read 2193 times)