Whats's halving? - page 2. | Bitcointalksearch.org

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legendary

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Quote from: Hazir on June 07, 2016, 07:41:41 PM

I recently see so many 'what is halving?' threads, and I expect we could see some more in the following weeks too.
That at this point it would be nice to have sticky post with short explanation what halving is.

I think of something like that: http://www.thehalvening.com/#3

Thanks for posting that website, very good info.

Is that your site?

ASHLIUSZ

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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.

yeah there will be a perfect competition after halving, in which there are large numbers of identical suppliers and demanders of the same product, buyer and sellers can find one another at no cost, and no barriers prevent new suppliers from entering the market.

Nimbulan

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Quote from: PeRo on May 20, 2016, 09:54:11 AM

I saw this being disscussed and talked about. But I don't know what halving is.

someone gave you link with info, but if you are lazy to read everything : halving will halve block reward for miners, so they will get 50% less money, and this won't have impact on us

well at least not direct one as bitcoin price will change,and it will be good for us as price of bitcoin should rise, so miners will get same amount of profit, so it will be good for us

DoublerHunter

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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

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expert4knowledge

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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.

TravisNeko

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Quote from: Enotche on May 20, 2016, 01:15:16 PM

I will try to explain - to create Bitcoin developers were given the condition that every four years, mining Bitcoins will be reduced by half. This is Halving.
If you do not go into details, but now every time miners find Bitcoin block - they have been rewarded with 25 Bitcoins, and after Halving will receive 12.5 per Bitcoin block found.
In other words, for the same amount of power and the same work performed will be produced exactly half Bitcoins!
When happen Halving Bitcoin? - July 13, 2016.
And what will happen after Halving Bitcoin? Nobody really knows, but of course everyone expects that the price of Bitcoin will grow significantly. For reference - Halving after the last (in 2012) the price of Bitcoin in a very short time has grown from $ 12 to $ 1,000.

Halving does not mean that the price of the bitcoin will be halved because that would be to easy than you are not asking us what is halving otherwise you would be very stupid. The halving has nothing
to do with the value of the bitcoin it will only affect the bitcoin miners you know.

Hallseplex

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Quote from: Ayers on June 06, 2016, 07:58:51 AM

Quote from: odolvlobo on June 03, 2016, 10:41:14 PM

Quote from: MWesterweele on June 01, 2016, 04:20:44 AM

Halving is a event in bitcoin that happens every 4 years.During this event bitcoin blocks are divided into half making bitcoin harder to mine for bitcoin miners out there.But halving for stock holders and normal traders can be profitable,because during halving bitcoin price may rocket up making good profits for traders, but in the other hand bitcoin can be a lost because there is still a chance that bitcoij price may go down.

No. Bitcoin blocks are not divided in half. The subsidy is divided in half.

No. Mining does not get harder. In fact, it will probably get easier as miners start turning off equipment and the difficulty drops.

difficult never drop too much, just small correction, price is increase so the halving will not force miner to leave, the diff will likely be higher than today, so i think you're wrong on your second point

Many peopel thinks that halving means that the bitcoin will half their amount so that he will be 300 dollar instead of 600 but that is not the meaning of halving. The halving wont affect the price much
because the hallving only affects people who are mining coins they need to search many times longer for a coin than they did before the halving.

Nowl1935

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Halving when the rewards dropping, the price cannot stay the same thing if the hashrate does. We will all be mining at a loss, and for those that rely on it as a business, this cannot hsppen. At some point the hashrate and price will meet, whether the hashrate halves and price remains the same, or the hashrate stays the same and the price doubles, we don't know.
Put it this way, if it costs me £150 in electricity alone, I will not sell my mined coins for less because I don't need to. If a business is in the situation where they need to sell to cover costs, then they won't be in business long.

Nouelle-Hunter

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I recently wondered also what is halving,im still new to bitcoin so i search and ask people about it and what i learned to them is halving is an event which bitcoins block/supply are divided keeping it on demand and making its price rise up just likevwhat happened last halving year 2012.Halving from what miners says is not profitable for them because halving will cause bitcoin harder to mine

Hazir

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I recently see so many 'what is halving?' threads, and I expect we could see some more in the following weeks too.
That at this point it would be nice to have sticky post with short explanation what halving is.

I think of something like that: http://www.thehalvening.com/#3

Decoded

legendary

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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.

You're a senior member. Of all the ranks, it had to be a senior member. I believe your account to be purchased. The halving is when the block reward is reduced, not the block time. How retarded can one get? You're a disgrace to the forum.

Decoded

legendary

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give me your cryptos

The halving is when the payment a miner recieves after mining a block is halved. Also known to bitcoiners as halving the supply of bitcoin.

longbob72

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Quote from: hawkins on June 06, 2016, 12:43:35 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.

yes, it's true, and would probably make a good effect on bitcoin. such as price increases, but until now no one knows the extent to which prices will stop increasing bitcoin

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.

Wrong. Jesus, people. Halving means that the block reward will be reduced by HALF. The block generation won't be directly affected by it.

zeaderza

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Halving mean 1 block now is 25 bitcoin after halving 1 block of bitcoin will be 12.5 bitcoin.
Much hard to earn bitcoin.

AsaroUk

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With the halving it gets way harder to earn Bitcoins but I believe that the value stays the same. Sinds people are holding not every Bitcoin is usable which is effecting the market somehow.

kik1977

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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.

hawkins

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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.

yes, it's true, and would probably make a good effect on bitcoin. such as price increases, but until now no one knows the extent to which prices will stop increasing bitcoin

Erzatium

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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.

kik1977

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Quote from: Enotche on May 20, 2016, 01:15:16 PM

When happen Halving Bitcoin? - July 13, 2016.

To be precise, the next halving will happen when block 420.000 is mined, which might happen in July, although the precise date depends on the speed of the next blocks. With block 420.000, we will enter the third reward era (12.5), after the 50 and 25 reward eras.

Denker

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The halving is an event where the block reward gets cut in half every 210.000 blocks and where all Bitcoiners around the world are making huge fireplaces, dancing around it to invoke the ghost of Satoshi Nakamoto!! Wink

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