Bitcoin Forum

Other => Beginners & Help => Topic started by: Endikadija on March 30, 2016, 06:22:01 PM



Title: ''Half of Bitcoin''
Post by: Endikadija on March 30, 2016, 06:22:01 PM
When will be a block reward 12.5 bitcoin?


Title: Re: ''Half of Bitcoin''
Post by: n691309 on March 30, 2016, 06:24:11 PM
When will be a block reward 12.5 bitcoin?

There are some websites where you can check it, for example here http://www.bitcoinblockhalf.com/ It says 1 July but you should be aware that the time can change if more blocks are mined faster than expected. In this website http://bitcoinclock.com/ it shows that it will be at 17 July


Title: Re: ''Half of Bitcoin''
Post by: Endikadija on March 30, 2016, 06:56:10 PM
I thank you a lot


Title: Re: ''Half of Bitcoin''
Post by: FUBAR-BDHR on March 30, 2016, 09:04:18 PM
From my good old IRC bot:

Code:
Estimated time of bitcoin block reward halving: Tue Jul 12 18:26:01 2016 UTC |
 Time remaining: 14 weeks, 5 days, 21 hours, 20 minutes, and 0 seconds.


Title: Re: ''Half of Bitcoin''
Post by: fuathan on March 31, 2016, 12:55:16 AM
The time is changing every moment. My guess is in the middle of June...


Title: Re: ''Half of Bitcoin''
Post by: btccashacc on March 31, 2016, 01:01:33 AM
which date is right? 1 July, 17 July, 12 july, or in the midle of july ???? someone above me said june ?,
little bit confused, anyway i've stored some bitcoin for halving, i wish it's price will be up, good luck to everyone


Title: Re: ''Half of Bitcoin''
Post by: bab on March 31, 2016, 01:16:46 AM
When will be a block reward 12.5 bitcoin?

Next reward halving 95 days, info at https://coin.dance/stats


Title: Re: ''Half of Bitcoin''
Post by: FUBAR-BDHR on March 31, 2016, 02:23:59 AM
which date is right? 1 July, 17 July, 12 july, or in the midle of july ???? someone above me said june ?,
little bit confused, anyway i've stored some bitcoin for halving, i wish it's price will be up, good luck to everyone

It varies based on how fast blocks are solved.  The network tries to keep them at 10 minutes on average but when hash rate goes up fast the date can move closer before the network adjusts mining difficulty.  Same if the hash rate goes down.  Luck in mining is always a factor too.


Title: Re: ''Half of Bitcoin''
Post by: nagatraju on March 31, 2016, 03:56:00 AM
When will be a block reward 12.5 bitcoin?

Entire Bitcoin community waiting for that wonderful movement.


Title: Re: ''Half of Bitcoin''
Post by: DimensionZ on March 31, 2016, 04:42:37 AM
Yeah the Halving is like a break it or make it event that will affect so many Bitcoin enthusiasts and some of them will have a really bad time when their unrealistic expectations come crashing down when the price doesn't instantly shoot up into Space ;)


Title: Re: ''Half of Bitcoin''
Post by: Kakmakr on March 31, 2016, 06:35:35 AM
When will be a block reward 12.5 bitcoin?

Entire Bitcoin community waiting for that wonderful movement.

Wrong my friend, the miners are definately not looking forward to this event and would much rather see that not happening. They will get 50% less miners rewards from this and only a few businesses will be able to take a knock like that. It is only the speculators and the price watchers, who are out for a possible profit, who will be looking forward to this event with huge anticipation. I think they are setting themselves up for a huge dissapointment, but that is just me.  ^hmmmm^



Title: Re: ''Half of Bitcoin''
Post by: KoinKartel on March 31, 2016, 07:05:56 PM
The halving looks set to take place in July but, remember, in 2013 the effects of the halving occurred before the actual halving itself

So bare that in mind when formulating your strategy