Bitcoin Forum

Other => Off-topic => Topic started by: spooderman on May 05, 2014, 07:16:00 PM



Title: Next block halving
Post by: spooderman on May 05, 2014, 07:16:00 PM
http://makeameme.org/media/created/420-thousand-blocks.jpg


Title: Re: Next block halving
Post by: kickbit on May 05, 2014, 07:54:43 PM
Strange meme... Who's that?


Title: Re: Next block halving
Post by: spooderman on May 05, 2014, 08:06:12 PM
It's called "successful black man." It uses racist stereotypes to surprise the viewer humorously.


Title: Re: Next block halving
Post by: ncsupanda on May 06, 2014, 01:59:40 AM
It's called "successful black man." It uses racist stereotypes to surprise the viewer humorously.

Won't lie, the quotes make that kind of hilarious in its own way.


Title: Re: Next block halving
Post by: saurabh on May 06, 2014, 04:05:12 AM
When is that going to happen?


Title: Re: Next block halving
Post by: Coef on May 06, 2014, 11:47:58 AM
When is that going to happen?

You can find ETA here. http://bitcoinclock.com/


Title: Re: Next block halving
Post by: saurabh on May 06, 2014, 07:17:07 PM
When is that going to happen?

You can find ETA here. http://bitcoinclock.com/

Thanks for the link its long time to go and i believe till that happen BTC will reach $2000...


Title: Re: Next block halving
Post by: Boris-The-Blade on May 20, 2014, 10:07:24 PM
 :o


Title: Re: Next block halving
Post by: WheresWaldo on May 20, 2014, 11:33:20 PM
What do you think the effect will be


Title: Re: Next block halving
Post by: alh on May 20, 2014, 11:56:15 PM
I think when the reward halves, it will be almost identical to a one day
difficuly increase of 100%. I don't want to be that guy that just bought
his shiny new 50 TH/s miner the day before and watch it depreciate 50%
overnight. Worse than buying a new car.


Title: Re: Next block halving
Post by: Corporate on May 21, 2014, 12:38:11 AM
I cant wait to see how this affects the price of BTC. What do you guys think it will do?


Title: Re: Next block halving
Post by: Omikifuse on May 21, 2014, 12:48:26 AM
How long does it takes to reach the next block halving?


Title: Re: Next block halving
Post by: Corporate on May 21, 2014, 01:08:38 AM
Am I the only one who is thinking about establishing a countdown website?


Title: Re: Next block halving
Post by: abacus on May 21, 2014, 01:25:27 AM
How long does it takes to reach the next block halving?
Am I the only one who is thinking about establishing a countdown website?

Sorry guys, but couldn't you read just some posts above yours before posting?

When is that going to happen?
You can find ETA here. http://bitcoinclock.com/
Thanks for the link its long time to go and i believe till that happen BTC will reach $2000...


Title: Re: Next block halving
Post by: jonald_fyookball on May 21, 2014, 02:35:36 AM
Strange meme... Who's that?

You obviously haven't spent enough Time on memegenerator.net


Title: Re: Next block halving
Post by: Ron~Popeil on May 21, 2014, 02:43:36 AM
Hopefully by then transactions will reach a volume to offset some of the lost mining rewards.


Title: Re: Next block halving
Post by: haploid23 on May 21, 2014, 02:44:49 AM
Dam I remember the good ol' days when I mined at 50btc reward blocks. Now it's only 25btc/block, but at the same time btc value increased much more than double. So if the past predicts the future, then halving to 12.5btc/block will more than double current price as well.

Here's to hoping...


Title: Re: Next block halving
Post by: WheresWaldo on May 21, 2014, 10:11:07 PM
Dam I remember the good ol' days when I mined at 50btc reward blocks. Now it's only 25btc/block, but at the same time btc value increased much more than double. So if the past predicts the future, then halving to 12.5btc/block will more than double current price as well.

Here's to hoping...
Good times


Title: Re: Next block halving
Post by: spooderman on May 21, 2014, 10:42:33 PM
Dam I remember the good ol' days when I mined at 50btc reward blocks. Now it's only 25btc/block, but at the same time btc value increased much more than double. So if the past predicts the future, then halving to 12.5btc/block will more than double current price as well.

Here's to hoping...
Good times

You mean that awesome time where they were worth 1/100th of what they are now? I'm glad we've developed and bitcoin is being regarded as the valuable commodity that it is.

Though obviously price isn't everything. I remember mining using my laptop and getting half a bitcoin in a week and thinking it was the lamest thing ever. Now my 7gh wont get me that in a year.


Title: Re: Next block halving
Post by: AirC on May 22, 2014, 02:34:15 AM
I never seen a block that doest that.. I thought every block is 25 bitcoin reward..


Title: Re: Next block halving
Post by: abacus on May 22, 2014, 04:16:50 AM
I never seen a block that doest that.. I thought every block is 25 bitcoin reward..

Yes, it's 25 bitcoin now but not forever. It was 50 till the end of 2012.
The reward halving happens every 210,000 blocks (about 4 years if difficulty is stable).