Bitcoin Forum

Do someone here know about bitcoin halving?
Is there a problem when bitcoin halving hits?
Is it better to buy bitcoin when bitcoin halving come?

Bitcoin halving is season when the value of bitcoin cut into half and then after a months bitcoin will double itself value.
Also bitcoin halving is ocassional there is substances that saying that bitcoin halving is the sign of bitcoin dissappearing but thats is a hoax bitcoin halving is big opportunity to all of the traders.

Bitcoin halving means there is less bitcoin being actively sold by miners on a daily basis, it reduces the inflation rate, but next the next halving isn't until 2020

Correct and i do not heard about the next halving when it comes but the last halving is august 2016 and it has good effect on bitcoin value because demand will increase and the amount of bitcoin goes balloon after the year of halving.

Yes , I know .
Since I don't know about the whole details about this but one of the my friend told me about this and explained me .
According to him the network of the Bitcoin will see all the details in the Bitcoin transaction that how much they mined and how much they needed to mine more .
Usually  there didn't airise any technical problems but still after having  people things that price may get more high or may go down sharply , so we should remain active whether what is going on .
The last halving was in the last year about mid of the year , and now I think next halving will the final halving and after that no halving and no more mining of the Bitcoin will take place .

The only type of people that will have a problem in halving event are the miners because they will get a higher miner difficulty and a half block reward that will give miners more hassle and it is possible for small miners to not get profit anymore. Buying bitcoin after or during the bitcoin halving is not a good idea and i think buying now is the best and hold it up to halving event.

The next halving is expected to take place by the year 2020, during which the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value. So for the Op I would like to suggest him buy when the price seems low, during halving the price will be increasing same as the recent price wave.

]Excuse me so it means the bitcoin halving is happening after 4 years?
2020 the next halving? Are you sure about it?

I think it is the right time to buy bitcoin because even the price is very high after halving for sure the price will become double. So if you have extra buy bitcoin now and hold it for few months or wait after halbing and for sure that your money become double or you can earn 50% profit.. But I suggest to you invest only you can affor to lose because we dont know what is happen in the bitcoin after halving . Its better if you have extra money for the support. Incase of emergency. The bitcoin price  dump after halving you have money to buy bitcoin again.

So we better to buy bitcoin in that that 2020 its to far but it'll be worth it when i buy bitcoin at that time.
How about i buy bitcoin now? and sell it after the halving. Will the price of bitcoin increase in a weeks after halving?

- read this page: https://en.bitcoin.it/wiki/Controlled_supply and look at that table, that should answer this question for you.
https://en.bitcoin.it/w/images/en/thumb/4/42/Controlled_supply-supply_over_block_height.png/1200px-Controlled_supply-supply_over_block_height.png
- no, there is no problem. it is about the supply and how it is being distributed. and this amount is a fixed amount of 21 million which is slowly being distributed in form of block rewards which is deminishing as time goes by, and price rise has always covered it.
- it is always better to buy bitcoin. bitcoin is rising based on rising demand and halving had always had a hyped up effect which only lasts 1 or 2 months then the real effect hits in a couple 6 months and price rises for real

aaahh okay now i understand what bitcoin halving is. Thats why bitcoin is so strong and the value of it is unstopable the one reason os because of this.
Does other altcoin have halving?

I don't see any problem that bitcoin halving can give to us. If there is, then we can see some rage comments from other users from the last halving that happened. Even by drop rewards, if the bitcoin price is quiet high then it's just fine. It's a normal thing that will happen in bitcoin.

If it's better to buy? You will wait for the next bitcoin halving before you will buy? That's on 2020 and maybe the price that year is sitting around $10,000, just kidding lol. Remember one basic rule, buy at dips.

It's the first time I heard about bitcoin halving since I am not yet around when that happened. But from the term itself, bitcoin halving is the halving of the price of the bitcoin. And based from the previous reply, it justified my thought. I find that event as an opportunity for all users to buy more bitcoin due to the low price. I do hope when that time comes, I can personally buy my own bitcoin to gain all its benefits.

I think it is better to buy bitcoin before the halving come.  Bitcoin history shows that there is always an increase in price when bitcoin halving occurred.  So it would be best to buy bitcoin when bitcoin halving is a year away since hype start as early as six months from the halving events.  From that you can at least get a profit from the increase due to bitcoin halving hype.

hi!
check this nice sites:
http://bitcoinclock.com/
http://www.bitcoinblockhalf.com/
you can monitor halving ETA there!
To understand how bitcoin halving modify price, if it modify price, just take a look to previous halving...
here a nice article:
http://www.coindesk.com/making-sense-bitcoins-halving/

But halving from the word itself half is it mean the price of the bitcoin turn into half right so meaning when the bitcoin halving happens you can buy as much as you want because it is too cheap.
Turn into half so after weeks or days bitcoin will back to its ceiling price am i right

If bitcoin halves, it will be like a stock split.

There will be double the number of bitcoins there used to be.

Doubling the total number of coins(supply) could mean the value of btc will immediately decrease by half.

Then eventually one of the forks will die off and wind up unsupported.

It likely won't be the "dream deal" a lot of people expect where they end up with 2x coins at the same price.

I think you are thinking wrong here sir, Bitcoin halving is not like that, it is like you are describing to us what is Forking and what might happen if that is made. Forking is different with Bitcoin Halving, and as the previous posts said, there will be no halving until 2020, so better to save your bitcoin now sir.

The last halving happened at June 2016 and the price went from 400 to 600-700 dollars before the halving, then dropped a bit and started to raise, the halving were a measure to make bitcoin get more value over time, knowing the halving does reduce the reward to half, it makes the price to double every 210 000 bitcoin blocks, the next one will happen at 2020, if you take into consideration the last halving the new price would be around 1200-1400 dollars, but we are already at those soo, the sky is the limit.

I think before halving is it good to buy bitcoin because of it will come bitcoin block reward reduced by half from 12.5
So our source of bitcoin will reduce and if bitcoin is in demand expect that the price movement will increase fast..
Just like what happen last year the price was increase fast.

Well its one of the important sign for me when to buy bitcoins because of block halving the price can be increase more due to halving bitcoin block rewards so from 12.5 btc rewards they can mine every block of 6.25 btc..
Like other said if the demand is the same as before and the sources of bitcoin was reduce it will be affected the value of bitcoin so expect for the price increase after block halving..

Since there are lots of answers now about bitcoin halving, you can take that as reference and do some follow up study by searching on Google. The basics of it is easy to understand no worries.

Disregard bitcoin halving when we are talking about best time to buy since timing for this will depend on the current price movement. If you want to buy bitcoin then analyze the situation first if in what phase does the trend is currently sitting. We have bull market where continous price increase and bear market where most of the actions are dump. But if you want to disregard that thing then go buy at your own will and sees what will be the output. Since bitcoin will only moves forward, even the moment the price crash after you bought, surely it will revamp.

The next bitcoin halving  will happen on the  year 2020. Or you can check it here.
http://www.bitcoinblockhalf.com/

Although some people says that when halving takes place bitcoin increases its price.

Google knows a lot about what happens when, and why, Bitcoin halves. It also has a lot of valuable information to learn from regarding Bitcoin in general, believe it or not.
There is no problem when there is a halving with the block reward because it is a built-in feature that is supposed to occur at a set time, and everyone basically knows when it will happen.
Halvings typically just increase the value and it doesn't make it a better or worse time to invest, for the most part.

For sure the price of bitcoin will go up because the supply will decrease and the difficulty for the miners will go up so it will be hard to mine and the supply will not be that easy to get so if the demand will continue then the price of bitcoin will surely go up and soon it will become even more expensive than before.

The fees should increase even more (and sooner)

Apart from the fees, massive hype and heavy hysteria start typically a year before the actual event, and the price starts rising a few months till the halving. Since most people think they are smarter than the rest of the pack ("on a scale of one to ten, you probably think you're a seven, and you wouldn't be alone"), they will try to cash out a few weeks before the halving. But since they are just like others, the price will crash monumentally preceding the event (as it happened in 2016). The long term effects of halving will start to manifest themselves in about half a year after the halving

Rather than it being an immediate increase, it is most likely to be a gradual one that has already started. With a deflating currency, its value actually increases without much regard to its scarcity as long as the future scarcity is already known in advance. So in this case, because people know bitcoin will halve, there will not be any one point in time at which the value will go up. Of course, the value will shoot up somewhat near the halving, but this is because of other factors such as how not everyone knows about the halving and are caught off guard as well as day traders making their gambles.

The halving has its own ups and down. But it is one of the most special event for traders and many are going to hype the market months or weeks before the halving and when the halving is near a huge dump will occur and after the halving the price will again go back up. I remember what happened last halving many have been a victim of the pump and dump.

This is a situation when the amount of new bitcoin created and earned by miners with each new block of transactions is about to be cut in half. It is part of bitcoin’s predictable, transparent monetary policy. When these sorts of changes in bitcoin’s inflation rate take place, it's known as a halving event. Let me explain better:

Whenever a miner solves a Bitcoin block he gets Bitcoins as a reward, that’s how Bitcoins come into this world. When Satoshi Nakamoto, the father hinself, set up the rules for the Bitcoin protocol he stated that the number of bitcoins generated per block is set to decrease geometrically (by 50%) every 210,000 blocks. Since 6 blocks are found on average within an hour and halving happens once every 210,000 blocks, this means that every 4 years (give or take) there will be a halving event which means that the reward the miners will be reduced to 50% of what it used to be.

The main reason why this is done is to keep inflation under control. One of the major faults of traditional, “fiat”, currencies controlled by central banks is that the banks can print as much of the currency as they want, and if they print too much, the laws of supply and demand ensure that the value of the currency starts dropping quickly.

Many bitcoin enthusiasts are convinced that the halving will have an immensely positive impact on the bitcoin price and it's true that the bitcoin price has risen quite substantially before leading up to the drop in the block reward. Whether this increase will continue after halving occurs is still up for debate.

the next halving is scheduled in 2020, probably early than the date of the one in 2016, the value will likely increase like it happened with this last halving

even so people were saying otherwise the value did increase after the halving, and it's partially the reason of this last pump, the value just increase with a delay, not exactly the same date

it's better if youbuy before the halving most of the time yes

Unfortunately, a lot of people think like you and the price shoots up before the actual halving. So it is tough to get a good price on Bitcoin just before the halving. The halving is "priced in" long before the actual event.

Its true the last halving at 2016 had been pumped the bitcoin at December, it were around 300-350 the all year till December when the coin went to 500 dollars, and near the halving it had reached 700, few days after the price had dropped to 500-600 dollars, soo you need to be smarter and buy as soon as possible before the halving, being 1 year or even sooner, because people will start to pump knowing the next halving is coming.

Seems to be a  miscomprehension by the speculating masses really.   The real effect of halving block reward is literally reducing supply of coins from that source, in effect cumulative not instantaneous is its inertia.    The alternative source of coins is free floated coins on exchange and other high cash activities, of course we have tons of casino and gambling done in bitcoin.   All that free supply of old coins is elevated by a reduced block reward.

Block reward is a kind of inflation to the money supply.   Its not terrible but its devaluing bitcoin with each block , of course famously Bitcoin only has 21 million maximum but still right now this effect is in play.   So when we decrease this inflation its effecting price.   This is part of the reason prices are rising now, of course markets over do it and get ahead of themselves but part of pressure of pirces is real too and bitcoin held by people who arent miners are worth a little bit more.

The miners themselves are more likely to kick up a fuss each time their 'pay' goes down.   They need to realise any normal successful system works by serving the masses, quantities (and quality) of transactions have to be allowed to rise.  The more rigid and brittle the thinking behind bitcoin, the more likely it will shatter into a thousand separate alternative pieces of crypto I think.  

https://youtu.be/YxclmijvQsA?t=185

That is a common misconception. The supply of bitcoins is not halved. It is constantly increasing until the last new satoshi is created.

No. The halving does not cause the price to double.

WTF? NO! That is wrong.

OMG! NO! That is wrong.

Why do people write this this crap? Oh, right! They are spamming the forums in order to pump up their post count.

I think it will be very interesting if it happens again, I am so sure, bitcoin halving will bring the bitcoin price higher than before. Maybe the bitcoin price will be above $ 3000 if it happens again this year. Well, i always expect the best.

Bitcoin halving is a phenomenon that happens every around for years it happened last year which means that it won't happen again for until around 2020. Basically what happened is that the block reward halves when the block number is hit.

The price will generally rise after a halving happens because bitcoin is basically getting harder to mine all of a sudden. I suggest you start buying cheap coins around a year before halving to take advantage.

A senior member yet don't know the interval of bitcoin halving. You didn't even bother to look up bitcoin halving before posting your non-sense here. "Hope that bitcoin halving happens this year and hope that the price will increase up to $3000." Typical mindless shit poster.

First of all, bitcoin halving happens every four years. You can use this website (http://www.thehalvening.com/) to see when's the next bitcoin halving and a countdown how many days left. Second, the price of bitcoin will not necessarily go up when the bitcoin halving happens. Last year, the bitcoin halving has happened. Many people expected that the price will go up but it only went up on the last days of december and start of January. Bitcoin halving helps the price of bitcoin to go up in the long run, not right away.

The media and people invested in Bitcoin usually hype the @#$#$% out of the Halving to push the demand, so you will see a slight increase in the price before the Halving and once all the hype has died down, you will see a small drop in the price. The short term speculators usually jump in before the Halving and then just before the "correction" they all jump ship and start selling to cash in on the higher price. ^smile^

It is just a event that are blown up by short term investors.

The price crashed a few weeks before the halving

And I had been telling about such a possibility a few months before the crash for the reasons I explained earlier in the thread (and back then). People en masse think essentially along the same lines, and ironically, they all think they are somehow different from the rest of the pack. It was not a rocket science to assume that they would think that most would try to cash out exactly after the halving, so they personally should cash out right before the event. Unsurprisingly, the price crashed when they all together had started to sell their bitcoins some time prior the halving

Yeah, there seems to be a bit of misunderstanding

People often erroneously (?) refer to money supply as an increase in the monetary base per unit of time (in this case, in the number of coins mined), and that increase does get halved every 4 years, obviously. That said, the Bitcoin monetary supply gets increased purely nominally since we don't know how many coins get lost for good every now and then. I guess we should also include to the lost amounts dust which is virtually impossible to move (due to high fees). In this manner, the available Bitcoin supply may in fact decrease slowly over time along with reward halvings

For me its better if you buy bitcoin now because I believe the price of bitcoin after halving become double . So if you have extra money buy bitcoin and can hold it for few months and for sure you can earn profit. Many people now for sure buying bitcoins because they wait the halving. But no one knows what happen in bitcoin orice after halving so its better if you buy bitcoin with your extra income dont buy all your money because what if bitcoin price dump your money also dump or decrease and they have possible to lose.

Yeah there is a problem.
BTC price double around the halving ;D

Halving is not some magical shit that destroys everything you know? It's a planned caracteristic of BTC.
It's only thanks to halving that it's logical to see BTC price rising and rising and rising again. Simply because supply decreases!

yeah this happened I think last year when I was fairly new to btc. it was a very good time to stack up on btcs though I never thought that buying a lot of btc then and holding it now would give me this much earnings this early. sucks that I didn't trust btc then

Supply and Demand law. That's natural since bitcoin is the first popular cryptocurrency. Bitcoin will control all the cryptocoins markets. That's the genius of Satoshi Nakamoto. Some predition said that bitcoin wil reach $10000 more.

Logically, buying before halving can be profitable up to 4x from current value.
For past example , because bitcoin already reach halving before on year 2015 / 2016 , bitcoin value getting increase significantly

So from now, it's better to gather more investor before it's too late ! ( you can start with your family or friend

No, nothing logically.
Check the dates of the previous halving and the jumps in bitcoin prices.

Most notable ones are nowhere near the halving. And not even close to double not 4x.
The last one in 2016 bought a puny 25% increase that goes unnoticed compared to the goxbot saga or Cyprus hype.

Predictions don't matter a fuck in Bitcoin (as well as in other cryptocoins)

Many notable or even distinguished economists alive today (and which were alive back then when Bitcoin had only kicked off) predicted its quick demise and oblivion, but, surprisingly, it is still kicking and very far from obscurity. I guess many of the already passed ones would claim the same if they were alive today. Indeed, if take a thousand predictions, one of them might come true after all, just like a broken clock is right twice a day. But this obviously works against Bitcoin as easily. So just being the king of crypto today doesn't mean that Bitcoin will remain it tomorrow, especially if its current isuues, quarrels and disagreements will lead to a deadend and a deadlock (and they certainly can)

Seems you are very new here because last summer bitcointalk was full of threads about bitcoin halving. Btw everyone thought that price would be high after halving but it was still same and stable for some time. Bitcoin price rised these months, not after halving. Maybe everyone will give you recomendation about buying bitcoins before halving but I mentioned that price was still same after last halving.

The price didn't rise after the last having because, first, it had been heavily hyped before the halving and corrected massively just prior the event (which should have been expected), and, second, the largest Bitcoin exchange, Bitfinex, was hacked in about two weeks after the halving. But this doesn't in the least mean that the halving had no effect whatsoever on Bitcoin price. It just took some time to kick in. Thus, you should keep in mind that Bitcoin halving is not so much a stand-alone event but rather a lasting process

The results of which may become noticeable only a few months later

Most of the people that started bitcoin last year know about halving. Most of us here witnessed the halving that happened last year.


The difficulty for the block reward increases. To know more about it  : https://en.bitcoin.it/wiki/Controlled_supply

Yes, probably before the halving happens, you should buy as the result of it the price increases.

Here is the schedule of the next halving : http://www.thehalvening.com/#1

People here are simple minded. They don't take into consideration how the price increased before the actual halving took place.

In their eyes it's like this ~ the price didn't increase directly after the block halving as everyone predicted, and thus it didn't have any impact. That's their logic.

People that look at others and call them 'very new', but don't have much useful input themselves due to a wrong understanding, is from my point of view even worse.

Next hacking would be in 2020. It would be a problem for miners as they will earn less from solving each block. It would help people who hold Bitcoin because there would be a tremendous increase in Bitcoin value.

Everything is public and why would anyone have to analyze the detail once again before halving,do you think it is a custom thing done by the core developers or someone else  :D  :P
On looking at the charts during halving the price always move higher because of the illusion that there will be only less currency being floated in the market and the halving in 2020 wont be the last halving either.

its not like that, we have already seen that halving does not really has big influence on price, indeed it changes the bounty for miners but last halving did pretty much nothing to the price overall.

What are you talking about? Did you even check your facts there? The halving did affect the price. Maybe you were just looking at a day after and before the halving but if you check the historical data, bitcoin prices did went up by a lot when the last halving happened.

It will definitely affect prices whenever there is one, since the reward for mining does go down, which means miners will want to sell at higher prices since it is getting more scarce than ever.

The halving will stop the inflation. Therefore, buy bitcoin before the halving occur or you never have a chance to buy cheap bitcoin

Actually great point but I think the opposite, which is that when they eventually unblock the log jam in bitcoin and allow any transaction to proceed then we'll see a release of all this lost dust possibly.  Small amounts but possibly millions of accounts  ?  I dont know, maybe its not that significant a dynamic

I do think they change the bitcoin protocol to allow business because that is a requirement for capitalism.  Name me a currency that doesnt allow for Cent or penny type value exchange.    I'm always saying this crypto is too elitist still, from its origins of genius and the nerd like movement of knowing every little detail; however if they want to conquer the world then you need it usable by a person barely able to read and zero interest in your small print details


The price is not assured, bitcoin is speculative.   Purely on the basis of business done, the figures for it are quite small.    Price increase is coming largely from macro economic situations globally favouring weak FIAT and an extreme incentive to diversify and find growth.   Some of that growth is weed like and will die in the next winter, nothing is assured

I've been trying to tell every body in this forum and every place I go, you need to buy Bitcoin now not later not 2 month from now and not 2 months before halving, you need to start mining, investing in this right now before it's too late, then later when price increases you'll thank me.
When hash ocean was operating and paying out on time price was swinging around $400-$500 I suggested(begged)a rich dude to give me $1m so I could just buy Bitcoin(however at that time I was thinking to buy 200 antminer and start a small mining farm)but he was a dickhead and wanted me to guarantee ROI for him which obviously I couldn't and still can't but I know Bitcoin will be priced at $5000+ when the next halving hits but no body believes me to invest on my opinion and nothing hurts more than having the knowledge but with no power to take action, it's like going back in time but yet being unable to do any jack regardless and that is my life now.

That is something new learning for myself. This concept doesn't seem to be much popular as halving and all never heard much on the forum itself. I'm very interested now for this event to happen. Looks like amazing opportunity to invest lot of bitcoin altogether. I mean o can double my bitcoin when the halving process goes and bitcoin doubles in its value. That is cool one.

I think every time you can buy bitcoin because the price of bitcoin is increase every time. So they are still not late even the price of bitcoin is increasing you can buy bitcoin to get benefits of the price increase after few years..
You suggesting to mine bitcoin that honestly in some country its not profitable to use but in other country you can make a good profit..  So for now buying bitcoin is enough..

Hahah, that's funny, I didn't know that was happening before the halving. Same thing happens almost every time the price of bitcoin reaches a height never seen before. Everybody thinks it's time to sell, but the price is dropping so fast because of evrybody's selling that no one is happy.  

Only those who wanted to buy bitcoin are happy. They have long waited for the moment when the price drops a little.
A little time will pass and we will again see how the price has reached heights.

A bunch of nonsense, substances? after almost one year later of the last halving bitcoin has started to see the impacts of it, price just started to rise in the last month or so, and I believe we'll only see the price increase and not double, almost one year after the next halving, however with the daily volumes of trading which is 80 times the amount of bitcoins being mined, I doubt if current market cares about the 2000BTC mining reward because even if miners were getting 50 coins as the reward the demand is so high and growing by the hour that it wouldn't have made any difference. Whales and old time holders need to dump their precious coins no matter what, community demands it.

The halving doesn't particularly have to result in a rise in price.  Miners would want it to, but Bitcoin price already far more than doubles in that period anyway, and more miners get into it.

I really don't get this myth that the price would suddenly double just because the block reward was cut in half.  The price could rise at any time.

You seem to misunderstand what halving is essentially about

It is not that on some day, on a certain date, something happens and after that things go on as per usual. A block reward halving means that starting on a certain date and further on the reward is diminished (halved). It means that it will remain halved till the next halving (when it gets halved again), and thus the total supply of new coins becomes half as much. If not for the Bitfinex hack in early August, 2016, we would most certainly have seen the effects of the July halving a few weeks (maybe, a month) after the correction that had happened right before the halving. Given the hack, the price started to climb from below 700 dollars per coin only in early October but all the way up. If we exclude two flash crashes that happened in the beginning of this year (due to the PBoC running over Chinese exchanges), the price was basically rising till now. And it may continue to rise, though the halving impact seems to be over by now (it might have already been exhausted when the price first reached 1,200 dollars per coin)

When halving occurs, there is a chance that bitcoin price will be going up because the difficulty of mining a block will be cut in half as well. And as a result bitcoin will be scarce, the supply will be limited but the demand will spike, making bitcoin price to rise as well. And yes, it will be amazing opportunity to really invest, that's why some or most of the general investor as putting cash flow and investing on it for a long term.

That has never happened.

No more than at other times, and less so as more blocks are created.

It is always limited.

The halving has no effect on demand (except for speculators betting on a price rise fueled by fallacy).

Its not suddenly.  Its well telegraph'd and expected by quite a few users and traders.   The problem is the misunderstanding, the effects are really cumulative not sudden or immediate.   Every flood starts with a shower of rain right, its only when effects stack that we start to see more dramatic effects and the whole landscape can be changed by what started as a normal and recognisable series of events.
The part that surprises people is an economy is a natural system, it has a dynamic not under our control and we cant say exactly what happens with price.   Nobody knows if they'll really master transactional integrity properly or not, maybe it all goes to another coin.   All that doubt keeps anything like halving as a gradual change, we can never just jump to double price because who knows how things play out but sure theres an effect to the change and its not random



Investment does take capital, unfortunately opinions only count this way really.  After using windows 1.0 I realised that it'd change alot for consumers, I couldnt know for sure it'd be a profit but on all probability the shares I thought were a buy.  However I didnt really have money or knowledge of the market and by the time I did the price had risen.  I didnt buy, MSFT shares kept going up for another five years after.    Just always happens that way, if people dont have massive doubts on an idea to the point even bright ideas become obscure its abnormal really
No I think it matters, the effect is compounded by speculation.  So there is lower supply and demand becomes more apparent, speculators take heed and increase ahead of what they see as a positive trend they can rely on for a return.   This accelerates the demand and feedback means the demand is increased in that moment.  

Just like nasty feedback on a microphone, at some point it becomes too much and the market is over speculating and price over develops to a point it must adjust and take profits or pullback to a commonly agreed point between supply and demand again.

The bitcoin halving is one of the biggest event that i'm waiting for because like said it will be a good opportunity for us to earn money because of the changes that will be made after the bitcoin halving event like the lessen of the supply and increase in mining difficulty and so on. So i think even we bought bitcoin for the high price, we can still make money if we hold them until bitcoin halving.

True, those who want to buy BTC are happy when the price goes down significantly. But not all of them buy during those times, because it's frightening to do, not knowing to which point the dropping continues.

I still don't get it why do people want to cash out exactly after the halving? Isn't that more logical to expect the price rising after halving, so why to sell BTC then?

I think by now you already know what bitcoin halving is and I don't think there was a problem when it occurred last 2016. It is also a speculation it'll happen in 2020 because the first one occurred on 2012 then the next happened in 2016, so rumors has it it'll happen 4 years after because of the year difference. And if eve that'll happen by then, it might be a good time to buy bitcoins too.

Uhh, that's not a rumor if you know what halving really is. Halving is not something that just occur out of the blue. It is a feature of bitcoins and it is hard coded in it's scripts that is why it happens. If you think it was just coincidence that it happens that way then you're quite wrong and you should read up on what bitcoins really are.

However, I emphasize that talking today, about the possible impact on the price of the next halving, is very premature
I think in the next 4 years we coud have a big thing: bitcoin fork...
ant this YES!!!for sure will affect the price of BTCC (Bitcoin Classic) and the new BTC(Bitcoin.)

Bitcoin halving on June 21, 2020, from http://bitcoinclock.com/
As bitcoin has a fixed number to be generated and halving was a brilliant idea from the founder obviously which make bitcoin worth increase significantly every year. I don't think there's a problem regarding the halving but better to buy bitcoin before the price increase more and more after halving, even right now the price slowly increase every day.
"justxed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just price of money." [-Fr. Bernard W. Dempsey, S.J. (1903-1960)]

As the user base has been very high and big investments from Countries around the world are coming into bitcoin the price is peaking. When this continues along with the decreasing supply periodically on halving will make the price jump very high. Let's try to save as much possible before the halving happens by 2020.

Taking into consideration what the halving represents to bitcoin, the reducing of 50% miners reward, i do believe some people are already getting the much bitcoint hey cant, because the reward of 6.25 bitcoins should push price up once again soo its possible we will reach 4000-7000 dollars at 2020, sure this is just speculation.

For me sir I think it is possible to reach bitcoin price at $4000-$7000 in the year of 2020 because I believe bitcoin become more popular, and brighter in 2020 and many investor will invest im bitcoin so the price continue increasing. But  no one knows what is the future of bitcoin if they pump or dump in 2020 but I hope it will become more successful because if the price pump everyone  benefits.

If bitcoin is halving maybe many bitcoiners will qiut  and this economics current will go slow.and also botcoin will be terminated.Many will be frustrated about this.

Actually they were outsmarted by whales who wanted to buy bitcoin at cheaper price before the halving.  Halving means lesser regular supply from mining, this definitely broadcast an increase in price but whales outsmart them by making a fake dump and every one  with weak hands follow.  So a crash happen.


I do not think so, if the economic will go slow then why do we have this price right now and all the country that supports and accept bitcoins?

Bitcoin halving is cutting miners block reward by half. The last Bitcoin halving up to now was last year (I think it was in August) and it happens approximately every 4 years, so the next one will be somewhere in 2020. The price is known for pumping after this happens, but it didn't happen in 2016.

There is nothing to add from me to this words. Everything is correct. The next halving is going to be in 2020 year and by everybody's expectation the price get double at once, because of every halving that happen before the result was exactly like this.

It did not happen because there is no need for Bitcoin to pump.   And besides, the pump where done before the halving.  If you go back to the thread about halving, you can see the predictions and increase in bitcoin price prior to the halving.  Besides it is observed that due to the less reward, bitcoin will eventually increase in price may it be after a month or a year.

Well as the bitcoin halving is always anticipated others believed that an anticipation of a price increase could actually have resulted in a bit of a bubble, and therefore expected a fall in price.
When the price falls and then it will stabilized after the halving.

Do you have any idea what the price was during 2016,before halving the price of bitcoin was trading around the range bound of $450 to $550 and the fact is that the current rally started way back during the late 2016 and the price keeps on soaring,after halving we had a good pump and then we saw a small correction and after that the price did not look back and is breaking new records.

But the halving will have made the price of bitcoin doubled. I can say the reward for the miners gets decrease for a half. And that makes bitcoin will be rarely to find. remember bitcoin is not having 21 million supply and it will be less.

Bitcoin hacking cuts the miner's block solving rewards by half. So value of Bitcoin shows a huge increase. It is there to reduce the inflation of Bitcoin with time. Last halving was there in 2016 and price of Bitcoin was around 500$.after an year or so of hacking the price is 2500$. That's why halving is considered an huge opportunity by traders.

The next halving is expected to take place by the year 2020, during which the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value. So for the Op I would like to suggest him buy when the price seems low, during halving the price will be increasing same as the recent price wave.

Actually we can't make ourself or even the owner can't find out that how much Bitcoin has been mined  because unlimited numbers of the address are exists in the Bitcoin field and also offline addresses are available to use but the blockchain network can't make ownself directly that how much Bitcoin is in the market and how much is circulating .
So a particular day always made by the block chain owner for the calculations for such things , And at that time they will tell us that how much Bitcoin is remaining to mine yet .
But here I am not sure how much I am sure , I got this information by my friend regards halving of Bitcoin .
At the last halving I didn't saw anything after halving , market was constant and not much big fluctuations seen at that time .

The best time to buy bitcoin is before the halvening. The price is much lower than buying after the halvening. Last time before the halving tje price is $660 and drop to $630. And after the halving the price stabilize to $650. As bitcoin always anticipated we always prepare for that event.

Wise investors has been taken this advantage for sometime now. Halving do happened often, even now we are see another halving. Yesterday bitcoin loses about $600 and before next week the price will make a correlation and jump back to $3500.

That's a common myth. The halving does not decrease the supply. The supply is always increasing until it reaches 21 million. You assume that the demand will continue to increase, but that is not guaranteed.

It is not a myth, it is just you nitpicking

Or rather deliberately misinterpreting the meaning of the term in the given context. Obviously, people mean the supply of new coins to the market which is evidently diminishing after the halving, as it is meant by the law of supply and demand (I wouldn't call that law a myth either), which people implicitly refer to here. What you mean is total supply of coins in circulation, but the distinction can be easily drawn from the context, and in this case specifically your comment is totally out of place and beside the point

It looks more like it is you who have no idea how the price actually traded back then

Before the halving the Bitcoin price rose to over 750 dollars per coin due to the hype that had risen to insane levels thanks to the expectations of the coming halving. And just a few weeks before the actual event Bitcoin crashed to nearly 600 dollars since many folks had been cashing out feeling and expecting that the rest of them would in fact be cashing out after the halving. Other than that, I agree that the current rally basically started in late September-early October later that year (i.e. in the fall of 2016)

I think that the bitcoin block reward halving have an organic impact into btc´s price, there is not an immediate price increase, but with time it jumps ahead.
Also, it´s not a linear correlation between price x block reward halving, we can´t assume that after the next halve the price will double, that´s not how it works.

You are correct to a certain extent. I am, but only because I'm too lazy to post a full explanation every time this misconception is stated as if it were a fact.

TL;DR: The halving does not reduce the supply. Instead, it reduces the influence by miners (as a group) on the market.

First some distinctions are important. There are two meanings of the word "supply".

There is the money supply. It is the total number of available coins. It is a number, though its value might vary depending on what is meant by "available".

Then there is the market supply. That is what is meant by "supply and demand". It is a curve. One axis is is price and the other is the number of coins that can be bought at that price. All coins in the money supply, including "new"coins, are represented somewhere in the market supply.


First, there is no difference between "new" coins and "old" coins. When people write about "new" coins and they call it supply, they really mean production. Those are two fundamentally different concepts. There is no such thing as "production and demand".

Second, stating that the halving reduces the supply implies that the number of coins in the market is now less than it used to be because the subsidy is 1/4 of what it used to be, and it implies that when the subsidy falls to 0, there will be no more coins for sale.

Of course, that is nonsense. Coins are not consumed. The coins in the market consist of "new" coins plus "old" coins, and the number of "old" coins available for sale is constantly increasing.

So in summary, when people write that "the halving reduces the supply", they are wrong on a few counts. The money supply is always increasing, and the market supply is always shifting to the right. Neither supply is ever reduced by the halving. Instead, the halving reduces the number of coins held by miners, so it reduces the effect by miners (as a group) on the market.

This is what I call empty verbiage

Even if there is no difference between new and old coins, this doesn't in the least mean that the amount of coins that miners produce doesn't diminish after the halving (which is the point). You are not just nitpicking, you are also making irrelevant claims here. More specifically, in this case it doesn't matter whether new coins are indistinguishable from the old ones or not. And while we are at it, there is still a difference between "new" coins and "old" coins. New ones are mined after a certain date which has a special meaning (the day when the mining reward is halved). So you are factually wrong even in that

Most of the old bitcoin users here know about bitcoin halving. And last year many witnessed it here.


Yes, there's a problem but mostly it is only for the miners.


It is better to buy bitcoin before it happens and don't wait before the halving comes. But last year what happened the price didn't increase rapidly.

bitcoin needs to be bought near and after the halving. You can search more information about the halving on the internet and it is said that after the halving, the block reward will decrease 50%. Therefore, there will be less bitcoin can be mined per one block and it is certain that the price will increase

Thats roght bitcoin price will increase more after the halving in this july. For sure maybe the price of bitcoinafter tha halving will become double . But even they have a research bro we dont know the exact amount of the bitcoin after the halving.  But i hope the result is good for everyone. So what are you waiting for buy bitcoin now and enjoy later the profit. More bitcoin more money to come.

if you are more than a year old in the bitcoin world you are most likely very familiar with bitcoin halving

The only problem I see is bitcoin prices will go up and late adopters will find them expensive to buy

As I have already pointed out price is expected to skyrocket and buying after the halving will deprive you in bitcoin quantity so buy more bitcoins now cheaply.

Bitcoin halving is just the process in which the block reward the miners receive when they solve a block gets cut in half, there is not a problem when the halving hits but since the miners depend on the block rewards to make money, then an increase in fees is most likely to follow and it is a good strategy to buy bitcoin before the halving since months after it the price tends to go up.

As far as I know there will be no halving that will happen this year in the month of July. For your information it already happen last year, 2016, and will happen again 4 years after which is by the year 2020. For now it is 3 years too early to say that halving near, also June 21, 2020 is the date when next halving will happen according to bitcoinblockhalf.com but you are right that buying bitcoin now is wise rather than buying it a month before halving.

Yes. It's kind of a scheduled thing and it is nothing random. Like the halving in 2016, there have been countdowns for it. So if you expect this to happen in 2020, then you'll likely see a lot of those countdowns popping up around the internet anyway. Let's not all rush into the halving, it will come. But before that, go horde some bitcoins!

Miners, as one can imagine, stand to be impacted the most when the next halving event takes place.

In the white paper, Satoshi explains that the addition of bitcoin comes at the expense of CPU time and electricity. Miners have special-purpose pieces of hardware that are constantly running in a bid to discover the next block, using a constant flow of electricity along the way.

They make money when the revenue generated through mining those bitcoins exceeds the cost of running the mine, which in addition to electricity also includes personnel overheard, insurance and any other charges that come along with powering a high-intensity data center.

But with the halving, miners stand to see their revenue fall by a commensurate amount, bringing with it a significant impact on their business.

Certainly, I know.
Since My spouse and i can't say for sure about the entire details about yet one of the my good friend advised me about this and explained me.
According to him the network of the Bitcoin will see all the details in the Bitcoin transaction that how much they extracted and how much they necessary to mine more.
Generally there didn't airise any technical problems but still after having people things that price may get more high or may go down sharply, so we should remain effective whether what is heading on.
The last halving was at the last 12 months about mid of the year, and now I actually think next halving will the final halving and after that no halving and no more gold mining of the Bitcoin will take place.

Bitcoin halving is a good partition to locate numbers of pieces in every dimensions of bitcoin parts in crypto. This will manage wisely to control the distribution of budgeting allocating coins.

There will be 31 more halvings in the years to come, and mining will continue as long as Bitcoin continues, even after the halvings are done. Read this: https://en.bitcoin.it/wiki/Controlled_supply


None of that makes any sense. My guess is that you used google translate.

The halving is a controlled process in bitcoin, we know in what year and more or less we know the exact date as well, so there is nothing to fear, in fact each halving is a motive of celebration since it means less coins are available and after some time bitcoin reevaluates itself due to the decreased supply, your best bet is to buy your bitcoin way before the halving when there are some dips so you can obtain the most profits out of your investment.

That's a common misconception. Actually, there are more coins available after the halving. Whether before or after a halving, the supply continues to increase until it reaches 21 million.

there is nothing wrong in halving of bitcoin because working in organized manner is far better to achieve your goals in limited time in the best possible way. halving will solve many problems.

The amount of new bitcoin created and earned by miners with each new block of transactions is about to be cut in half. ... When these sorts of changes in bitcoin's inflation rate take place, it's known as a halving event. This upcoming halving is expected to take place this Saturday when block 420,000 is mined.

Problems like.....?


You know....this upcoming halving happened a year ago.
We're at block 510678.


Do you know how to not necro threads?
And just as #odolvlobo said, stop using google translate.
We really need a restriction so that newbies can't post in threads that haven't got a reply in more than 3 months.

Yes, I know something. How much is the bitcoin mine and how much it needs. It indicates that every 210,000 blocks should be reducing the amount of new currency released, as the code decreases in half, it is going to calculate how many blocks have been solved. When the number is 28,000 hits, the first half will happen.
When the 210,000 block hits, Bitcoin is released by 50 * quin 2 divided by 2.5 billion satis or 25 bitskays.
On line 1574, the code specifies how the maximum number of bitcoins reached.

It is a very unique characteristic of a currency and that can be found in crypto world alone. See, as for me, it is very exciting. After its value is half from its past value, then after few months it will be doubled. We will just be vigilant of its trend. Always do research and keep track of its characteristics.

For me its better if you buy bitcoin now because I believe the price of bitcoin after halving become double . So if you have extra money buy bitcoin and can hold it for few months and for sure you can earn profit. Many people now for sure buying bitcoins because they wait the halving. This is one secret to make alot of money,  the price might double four times, after the halve.

follow the bitcoin currents more effectively and than divide the two bitcoins and we also need to know when the right time to buy.

Bitcoin is better to buy when its price drops. Wait for reduction of prices it is double - pointless. Be flexible and competently follow trends and buy or sell cryptocurrency in time! Only a skillful approach will help you earn money in this field.

Bitcoin halving is a system in bitcoin that is approximately four years (actually based on the number of mined blocks) decreases by half the number of new bitcoin through the mine.
  Then if there is a problem if it happens? i think for miners there will be an effect because their BTC earnings will be cut in half but for people who store BTC in my opinion there is no problem.
  Yes it's better to buy bitcoin when bitcoin halving comes because this is just a fixed cycle as long as bitcoin is not exhausted. because bitcoin to my knowledge amounts to approximately 21 million coins.

This will be a good opportunity for us all, before I heard the term, what I thought was, it was going to be like a fork, but I was wrong, I did found out that miners will be having a massive sell off of their bitcoins, in this case a surplus of bitcoin will be release in the market and prior to that, miners had already took profit,  the worry back then was the burning of coins since bitcoin had a surplus back then, some found bitcoin to be of no value and there was a story before that a hadrd drive containing thousands of bitcoin was just thrown away in a dump, hopefully the next halving, it will prove that there is an ample amoung of bitcoin that will be in circulation, since upon inception, that has already been seen as a problem.

Bitcoin halving is a process where in the price of Bitcoin has divide in to two part, or drop from to half of its price, fluctuating of bitcoin more depend of the interaction of supply and demand, where when the demand goes up its price will increase and when the demand goes down its price will follow too, but there many possible reasons why bitcoin demand goes up and goes down .

Guys, is there nothing to worry about Bitcoin Halving? As it is basically means that the bitcoin miners are less actively selling.

We just experienced such a reduction in the price of bitcoin, when in December of last year it increased in price to twenty thousand dollars, and then it dropped to almost six thousand dollars. The reduction was not even by 50, but by 70 percent. Only this month after this fall, bitcoin, at last, begins to recover at the previous price.
Apparently, such a drop in the crypto-currency market will occur in the future. Moreover, with an increase in the price of bitcoin, the amplitude of its price fluctuations will only increase, and consequently, the size of such a drop in quantitative terms will be very large.
This behavior of bitcoin will give a chance for investors and traders to make good money.

really i think best thing is to buy when bitcoin drop half, so we will get big profit. but best thing to buy according to fibbonacci when that price drops 61%, we can see bitcoin can not penetrate price of $ 6000, so turning up that price

This market gaves chance on the people who are interested to invest on bitcoin because the fluctuation regulates faster and dropping of prices is not bad because it is also our advantage to buy a coin and wait until it will range higher again. Halving of earning can lead us to continue growing our money because we based on the  demand and supply on the market. This strategies will immediately growing our money.

There are so many methods to earn bitcoins. some people are day trading with bitcoins and some are investing on daily basis and then buying and selling as trading, and then some are working are signature campaigns that can have some tendency to give them bitcoins.

But the best source of income as per my opinion, is halving or holding. You can have so big ratio of profits with lesser amount as well.

this happened I think last year when I was fairly new to btc. it was a very good time to stack up on btcs though I never thought that buying a lot of btc then and holding it now would give me this much earnings this early.

The "Bitcoin Halving" has nothing to do with the price. It is an event that happens every 210,000 blocks in which the subsidy part of the block reward is cut in half. The subsidy is now 12.5 BTC and at the next halving it will drop to 6.25 BTC.

I wouldnt say nothing to do, there is a secondary effect.   We are still seeing a reduced supply from the last half block reduction and that is part of the market expectation of lower supply now pretty much.
The supply from exchanges or sellers is from older coins not newly 'minted' coins but I guess there is some comparison in coins available in supply vs demand


No it was the year prior to that, 2016.   I was there and the price rose but then fell after the half as people expected too much.    About 6 months after we started seeing the beginning of this larger BTC gain.   The half block effect is a tailwind, it adds to a gain rather then being an immediate direction.

this is the first time i heard about halving and as per your explanation, it is clear to me now, halving is a phenomenon that occurs when we heard this kind of news, people tend to buy as this is a good trust booster, but i see it as an opportunity to buy today, it is sort of a forecast, now we know when is the time to buy bitcoin, keep on buying, for the next halving is about to happen, this calls for a long term investments, hodl your bitcoins, and when the right time occur, it is a sure profit for traders, cheers.

Exactly. I think so.
The reality is quite different, what we see are just virtual numbers
Most big project owners or investors rarely give us accurate information because it is related to their bowl of rice.
Whatever the market, the sharks are still oke not much effect. So invest as smart as possible.

The supply, however you define it, is not reduced by the halving. Whether there are 12.5 more BTC every 10 minutes or 6.25 more BTC every 10 minutes, there are still more BTC every 10 minutes.

There is no difference between "old" and "new" bitcoins. The distinction you are making is simply between who is selling the bitcoins. All the miners in the world together will sell 1800 BTC per day. That's less than what a single whale might sell (or buy). It is also a very small fraction of the 600k BTC that are traded each day. While miners had a major impact on trading in the beginning when everybody mined and mining was the primary way to obtain bitcoins, those days are long gone.

Bitcoin halving is like a leap year after 4 years the bitcoin will cut into half to decrease the difficulty of mining and after a few months maybe a year the value of bitcoin will double itself that's one of the reason why bitcoin is so very high valued the next halving will be in the year of 2020 and it will be the rise of bitcoin for sure.

I think probably yes, you should buy Bitcoin during the halving. But one thing I do hear is that we shouldn’t store our Bitcoins in exchangers during the time of halving, I don’t know reason why, but during the last halve I left some of my Bitcoin in an exchanger and nothing happened to it. Why said you should by Bitcoin then is because the price usually drops then and after it starts going up again just like what happened during the time of BCH; the price dropped and within few hours it started going up again.