Bitcoin Forum

Hi All,

I want to know about what is halving and is it really profitable whoever holding BTC. Also on what basis or calculation this is been happening

By every year or Any specific day ?

I have heard from my friends that the value of BTC will increase by every halving. Please clarify here.

Thanks!!

You should read this (https://en.bitcoin.it/wiki/Controlled_supply).

As for profitability in holding through a halving... Nobody can guarantee the price will rise and decline after so you can rebuy low.

Could you please tell me what happens on halving... I am new to BTC. Will keeping money on my account for a longer time be safe enough?

Like the others have said, nobody knows what will happen to the price.

That being said, the law of supply and demand says that if there is less supply, the demand will increase, and therefore the price will increase. Each block reward issues 25 BTC now. After the halving, only 12.5 BTC will be released for each block. While the number of BTC in circulation will continue to increase, it will increase at half the current rate, essentially making it more scarce and therefore more in demand, and therefore a higher price should be paid for them.

BUT...as we all know from the stock market, you can have everything planned out and have nearly perfect financial statements and still the company's stock price will tank for some odd reason, logical or illogical.

The BTC price SHOULD rise, but it might not.

I still think holding BTC long-term is a good investment. That, and XMR.

For one thing, please learn to google, folks! It's not as if the secrets of halving have only been shared within an inner circle of enlightened bitcoin followers.

That said, its effect on existing wallets is exactly zero - one bitcoin stays one bitcoin. Only the generation of new bitcoins is reduced by half.
For the miners it means that they get half pay for the same amount of work. Since miners do their work with electric energy which must normally be paid for, this makes mining less profitable than it was before the halving. However, it is possible that the recent price hike was at least in part orchestrated by miners who want to ensure that even after halving, their mining rewards will still be valuable enough to pay for the costs.

Onkel Paul

I'm sorry, but if you don't find this clear, then I'm not sure how to explain it to you. Halving -> block reward gets cut in half (from time to time).

You can keep money safely for a long or short periods of time, depending on the amount of security you have in storing your funds.

Halving is one of the fundamental rules of the bitcoin protocol. It was written in the code back in 2009 that every time a miner finds a block, he is rewarded with 50 newly created bitcoin. Every 210.000 blocks this rewarded is halved. It happened once three and a half years ago. The next one 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.

Yes, I have got some clear info about halving as all of you have mentioned above with some explanation. Also if i hold some BTC for long period means that should be safe based on the securities of the wallet which we hold. Am i right. Thanks much!!

Essentially halving could increase or decrease the current price of bitcoin.
Technically it should increase but no one can say for sure. 

Yes, it should be safe. The keyword there is "should." The price may go down or may go up. Most of us here believe it will go up.

well the price is already increasing, so yes you can be sure for now that the halving have increased the price and not the opposite

also there was not a single halving where the price tanked ever..and the first halving was not even recognized as a important event like this

No one knows how will affect bitcoin price, but you can see that bitcoin is increasing its value before the halving event, and most users expect higher prices after the halving.
Halving occurs every 210.000 blocks.

The last halving was on 2012-11-28

Look at Bitcoin price charts to see what happened to the price after the last halving. The price went up and it will probably go up after the next halving. It's not guaranteed to, but it's highly likely the price will go up.

Halving = reducing the amount of bitcoin rewards per block by half every 210000 blocks. Theoretically, lower available supply and higher demands mean crazy prices. It could only be profitable if you bought way below the price of bitcoin in the exact time of halving, nothing more.

It's probably more likely that the increased price after the first halving was due to the increased publicity around the halving; it certainly was the first time I learned of it. It's incorrect to say the price "should" go up at the next halving; markets generally price in known variates, which means the current price takes account of the fixed supply of 21 million and all future halvings. I don't think it will dent the price that much. But there is a risk of a massive decline in hashpower due to the running costs, and I'm concerned about a 51% attack

Halving is a event that happens every 4 years where the block reward is being divide by 2, from 25 to 12.5 so it means that the stocks will be few and the difficulty of mining bitcoin will increase. But the good thing is it is profitable especially on traders and shareholder because they buy their bitcoin for a low price and then, they will sell it for a higher price after the halving comes on the month of july.

There's no way of knowing that. It's equally possible that the halving is factored in the current price. If you look at the price just few months ago
you can clearly see that it's already tanked for no obvious reason except the halving itself. But yeah, it will be profitable either way.

I think yes, halving is really profitable. Many people speculate that the price of bitcoin will increase so high when the halving come, even the halving is not come, the bitcoin's price still high.

Right, Basic calculation if bitcoin price is halving you will get a more profit on next time because after halving is offset with increase the bitcoin price surpass a price before halving. It's will be a profit for bitcoin holding who buy bitcoin at the price is halving.

halving is a block reward reduction in bitcoin mining. reduction was 50%. I think halving will make bitcoin prices high. and of course if we buy bitcoin in large numbers at this time would be very beneficial.

halving is an event that will happen after a fixed number of blocks are mined and the reward of the new blocks will be half of what it was before (50 > 25 > 12.5 > ...) and all the rest about it being profitable and the how the price will move, ... are only speculation and you can believe it or not.

About when should this halfing occur?

I know it is almost impossible to tell when it will happen but some say it will be in June, others say July.
What is the commonly accepted range of days that it will likely half?

The supply of new bitcoins will be halved from that day forward, it has happened only 1 time before in bitcoin, but it will happen every 4 years.

Since less supply means that the supply-demand curve will be affected, if we assume equal amounts of demand, the price should go up because there's less supply.

so yes, it's expected to be profitable.

There will be a small problem:

Block reward will be smaller and if price dont go up much small  miners will tern of themselfs as they will not get inafe btc in value to pay for electricity + profit. Can be that only big farmers will stay on network which means that people who want to buy btc will pay more cuz big miners dont need to dump BTC they will sell higher and higer all the time.

This is my 3 cents

hopefully everything is in accordance with the prediction.
bitcoin will increase due to the reduced supply bitcoin. there is some momentum which can reduce the price of bitcoin. namely, when many traders who sell bitcoin in large numbers simultaneously.

I guess halving will actually be profitable. maybe it would be profitable for those who hold their bitcoin. because I felt the price of bitcoin will rise very quickly when halving happen, and this is a golden opportunity for the largest bitcoin owners to sell their bitcoin, but I guess it would make bitcoin prices decreased or remained stable

Yes I think the halving will be profitable these days because its just so big and all the real speculators are saying this.
We just need to believe into the bitcoin.

It could be profitable for sure if the BTC demand/popularity increase or even remains the same.
Buy and hold as much as you can before the halving.  ;)

Hi ,

It might have been answered somewhere for which i am now aware of , could you please explain me what is a block...?  i see many experts here in this forum, talk much on blocks.... How this is analyzed and termed here? Thank you dude...

I guess satoshi will profit most from halving and price going up the dude has at least 1 million bitcoins sitting in his addresses eating dust.

Block is a total numbers of transactions putting in order to the block chain to match all the blocks came before and will match  to all blocks
That will come.

Hi dude,

Is it possible that before a newbie joins a campaign, can i buy BTC with my current money and keep on my wallet? Can i first of all open and a have a wallet before i join a campaign? Whom should i approach for BTC giving out my money to them?

Yes you can create a wallet on coinbase.com and buy and hold Bitcoins there.
Also you can buy on localbitcoins.com

Thank you dude. Will get a help from my friend on this and work out. Would like to start experiencing BTC. Cheers dude...

Well halving is block reward gets cut in half after a certain amount of the total supply has been mined.
That means a block reward is 25 BTC and you will get 12.5 BTC at the halving time.

Halving happened approximately 4 years after. The last time block reward was halved on 28th november 2012.
The price at the day of halving was about $12 but six month back to that the price was $5.

No one know what will happen at halving time. I think have to hold BTC and lets see what will happen.

Oh how I wish I knew about bitcoin back then. I only found out about it in 2014. Those two years really made a difference. Now I'm hoping for something similar to that this year.

i used to wish that too, i wished i could buy bitcoin back then or at least claim faucets which paid 5BTC on each claim back then and stored them away.

but i no longer thing that way because i have already doubled my investment in bitcoin and i am satisfied with where it is headed so far.

Right now we are still somewhat of an early adopter at these prices. Just look back at 2015 where the price went below $200 which no one could ever imagine after reaching an ATH of +$1200. There were enough chances to enter the market at very low prices.

http://bitcoinclock.com/ (http://bitcoinclock.com/)

Wow, I didn't know this thing existed. Thanks man!

there are many of those, what is the most accurate, some tell that the halving is x time away other x+3 weeks away, not sure what i should follow

since bitcoin blocks are being mined on random time, which is equal to approximately one block per ten minutes so it is impossible to know the exact time of the halving (the block that reward is halved) that is why they have difference in their times because it is just a guesstimate.
but i think it should become more apparent as we are getting closer to the actual block.

well i think that first you should know what halving actually is, so halving in July will halve block reward for bitcoins miners, so they will get 50% less profit than they did now

so price should rise 2 times, so if you want profit from halving then you should buy bitcoins now when they are cheap and then you should sell them after halving, after price rise

In halving you will see the supply of bitcoin lower because of the miners reward lower down and a number of smaller miners will stop mining and the demand in that time will be increased, so the price will be increased to a higher value.