Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: slothbag on October 19, 2012, 12:17:08 AM



Title: Happy halving day
Post by: slothbag on October 19, 2012, 12:17:08 AM
I have a proposal for a new celebration called "Halving Day".

The celebration would coincide with the Bitcoin block halving that occurs once every 4 years.  Given the random nature of blocks being found, the day cannot be set until probably a few months before the actual day.

The purpose of the celebration is to simply get together with fellow bitcoiners and celebrate this wonderful invention called Bitcoin.  I would like to see large organised events similar in nature to what we see for New Years celebrations around the world.

Similar to New Years, there could be a live broadcast on a big screen (see bitcoinclock.com) or loud speaker that announces the first halved block in realtime for a bit of arbitrary back slapping and high five'ing.

Other activities could be combined into the celebrations, maybe charity fund raises or company announcements or awards ceremonies..

If nothing else, even just printing some posters saying "happy halving day", or wishing strangers in the street a "happy halving day".

Eventually I would like to see this event become as popular as other 4 year events like the Olympics and World Cup.

So lets get ready to celebrate the inaugural Halving Day in 6 weeks time on the 30-Nov-2012.

Happy halving day!


Title: Re: Happy halving day
Post by: greyhawk on October 19, 2012, 12:23:23 AM
Yup. Not a currency. A religion.


Title: Re: Happy halving day
Post by: Spekulatius on October 19, 2012, 12:28:58 AM
lets print t-shirts!


Title: Re: Happy halving day
Post by: slothbag on October 19, 2012, 12:32:41 AM
i'll attend.

That's like saying you'll attend Christmas or New Years.. The day is coming regardless who attends what, its how you choose to celebrate that makes it a memorable day :)


Title: Re: Happy halving day
Post by: allthingsluxury on October 19, 2012, 04:19:21 AM
hah good idea. Hopefully the value increases with this halving.


Title: Re: Happy halving day
Post by: btcANGEL on October 19, 2012, 04:29:57 AM
Do we get to break bitcoin-themed piņatas in half?

Bonus points if it's possible to piņata-hop to get more than your share of candy.  ;)


Title: Re: Happy halving day
Post by: Frequency on October 19, 2012, 06:02:51 AM
Firecrackers.. :D C@ke  :D Livestream  ;)


Title: Re: Happy halving day
Post by: luffy on October 19, 2012, 06:20:31 AM
perhaps the value has been already doubled from 5 to 10$. Do you expect to reach 15-20$ ?


Title: Re: Happy halving day
Post by: Meni Rosenfeld on October 19, 2012, 07:17:06 AM
We've been thinking about this for a while, the proper event for the occasion is of course a block party.

In fact the exact date cannot be set until 4 days before the event. (Or more precisely, 4 days before the event you have a 24-hour window for when the event is 99.7% likely to occur, and a 16-hour window for 95.5%.)

When block 209999 is found the countdown starts: "600, 600, 600, 600, ... Happy block year!"


Title: Re: Happy halving day
Post by: odolvlobo on October 19, 2012, 07:46:42 AM
Check out https://www.facebook.com/events/373994146013508/ (https://www.facebook.com/events/373994146013508/)


Title: Re: Happy halving day
Post by: Akka on October 19, 2012, 07:51:00 AM
Yup. Not a currency. A religion.

Bitcoin is great and Satoshi is his prophet.


Title: Re: Happy halving day
Post by: greyhawk on October 19, 2012, 08:55:08 AM
Yup. Not a currency. A religion.

Bitcoin is great and Satoshi is his prophet.

No, Satoshi is the messiah whose return is eagerly awaited.


Title: Re: Happy halving day
Post by: Akka on October 19, 2012, 09:19:48 AM
Yup. Not a currency. A religion.

Bitcoin is great and Satoshi is his prophet.

No, Satoshi is the messiah whose return is eagerly awaited.

True, and when he will finally get caught, sold out by one one of his closets followers for 30 BTC and get killed on a electric chair, this shall be the new symbol of our religion.

http://fc02.deviantart.net/images/i/2002/23/1/4/Electric_Chair.gif

Of course there will always be the one that believe it wasn't the real Satoshi and his return has yet to come.

And the ones believing he got resurrected and ascented into the blockchain, but that are just crazy people.


Title: Re: Happy halving day
Post by: Dansker on October 19, 2012, 09:48:53 AM
And everyone gets cosbycoins!


Title: Re: Happy halving day
Post by: ChuckBarris on October 19, 2012, 11:40:44 AM
We've been thinking about this for a while, the proper event for the occasion is of course a block party.

In fact the exact date cannot be set until 4 days before the event. (Or more precisely, 4 days before the event you have a 24-hour window for when the event is 99.7% likely to occur, and a 16-hour window for 95.5%.)

When block 209999 is found the countdown starts: "600, 600, 600, 600, ... Happy block year!"

LOL


Title: Re: Happy halving day
Post by: exotime on October 19, 2012, 11:58:15 AM
You're all crazy.

Yes. I like this.


Title: Re: Happy halving day
Post by: Spekulatius on October 19, 2012, 12:53:52 PM
And everyone gets cosbycoins!

Cosbycoins for the kids, Spekulatius Coins for the adults!

http://i50.tinypic.com/dcdkd2.gif


Title: Re: Happy halving day
Post by: evoorhees on October 19, 2012, 02:56:23 PM
Yup. Not a currency. A religion.

Perhaps... but unlike most religions we believe in something that is real and works.


Title: Re: Happy halving day
Post by: Come-from-Beyond on October 19, 2012, 03:42:11 PM
lets print t-shirts!

Aye. Like...

http://s14.postimage.org/3jogubpr3/25btc.png


Title: Re: Happy halving day
Post by: Morblias on October 19, 2012, 04:13:38 PM
I'd drink to that. Hell, I already drink every day, might as well have an excuse!


Title: Re: Happy halving day
Post by: Isokivi on October 19, 2012, 04:20:21 PM
Yup. Not a currency. A religion.
+1
Someone should print out bible-like books containing the entire blockchain.


Title: Re: Happy halving day
Post by: ralree on October 19, 2012, 05:21:47 PM
Yup. Not a currency. A religion.
+1
Someone should print out bible-like books containing the entire blockchain.

And with language like "and Deepbit sayeth 'block 31213 is 00000002342312312312', and there was much rejoicing."


Title: Re: Happy halving day
Post by: ralree on October 19, 2012, 05:22:23 PM
With the T-shirt idea, make it say "Back in my day, a block was 50BTC!"


Title: Re: Happy halving day
Post by: AmDD on October 19, 2012, 05:35:27 PM
With the T-shirt idea, make it say "Back in my day, a block was 50BTC!"

 :D


Title: Satoshi-as-Prometheus
Post by: Arto on October 19, 2012, 06:55:14 PM
Yup. Not a currency. A religion.

Bitcoin is great and Satoshi is his prophet.

No, Satoshi is the messiah whose return is eagerly awaited.

Sometimes I fancy that Satoshi must have been a visitor from the future, a Prometheus (http://en.wikipedia.org/wiki/Prometheus) bringing us mere mortals the secret of fire, thus enabling the further progress of civilization.


Title: Re: Happy halving day
Post by: greyhawk on October 19, 2012, 07:02:14 PM
So Satoshi is now being ripped apart by a huge eagle all day only to be knit together and revived at night?


Oh well, explains why he isn't posting anymore.


Title: Satoshi-as-Prometheus
Post by: Arto on October 19, 2012, 07:06:49 PM


Title: Re: Happy halving day
Post by: spiccioli on October 19, 2012, 07:56:13 PM
With the T-shirt idea, make it say "Back in my day, a block was 50BTC!"

:)

Great!

spiccioli


Title: Re: Happy halving day
Post by: ralree on October 20, 2012, 02:14:50 AM
With the T-shirt idea, make it say "Back in my day, a block was 50BTC!"

:)

Great!

spiccioli

Speaking of this idea, is there something like cafepress but purely bitcoin?


Title: Re: Happy halving day
Post by: Minor on October 20, 2012, 06:02:29 PM
http://i49.tinypic.com/2pq875j.jpg
Happy Halflings day.


Title: Re: Happy halving day
Post by: rat on October 20, 2012, 10:56:57 PM


all the japanophiles and weaboos here are disturbing.


Title: Re: Happy halving day
Post by: greyhawk on October 21, 2012, 12:03:28 AM


all the japanophiles and weaboos here are disturbing.

Why do you hate MtGox?  ???


Title: Re: Happy halving day
Post by: freequant on October 21, 2012, 12:43:32 PM
Hopefully the celebration isn't ruined by the Great Halving Bug ;)


Title: Re: Happy halving day
Post by: btcANGEL on October 21, 2012, 08:31:52 PM
Hopefully the celebration isn't ruined by the Great Halving Bug ;)

The Great Halving Bug always tries to ruin the celebration, but gets stomped by the Great Shoe of Reputation.

There will be chocolate-coin-filled bug piņatas for the children and shoe-on-a-sticks to beat them with.


Title: Re: Happy halving day
Post by: Ente on October 22, 2012, 01:29:56 PM
Great stuff in here!
*smiles*

Ente


Title: Re: Happy halving day
Post by: ripper234 on October 23, 2012, 02:14:21 PM
When block 209999 is found the countdown starts: "600, 600, 600, 600, ... Happy block year!"

:)


Title: Re: Happy halving day
Post by: Come-from-Beyond on October 23, 2012, 03:08:19 PM
When block 209999 is found the countdown starts: "600, 600, 600, 600, ... Happy block year!"

:)

What will be the 1st block with 25 BTC reward? 210000 or 209999? The same issue as with a millennium.


Title: Re: Happy halving day
Post by: Ente on October 23, 2012, 05:48:40 PM
When block 209999 is found the countdown starts: "600, 600, 600, 600, ... Happy block year!"

:)

What will be the 1st block with 25 BTC reward? 210000 or 209999? The same issue as with a millennium.

Except math and hard-coded rules are clear and easy to read up by anyone.
Actually.. I don't know! heh

I guess you meant block number 210000 or 210001?

Or:
Do we celebrate the last 50 BTC block, or the first 25 BTC block?
Whatever, I stick to the number with the many zeroes. Bitcoiners like zeroes! :-)

Ente


Title: Re: Happy halving day
Post by: Come-from-Beyond on October 23, 2012, 06:08:56 PM
I guess you meant block number 210000 or 210001?

No. There was a block #0, so 210001 makes no sense.


Title: Re: Happy halving day
Post by: FreeMoney on October 23, 2012, 06:10:21 PM
Block 0 had 50, but they weren't spendable, correct? So 210000 will have 25 reward.


Title: Re: Happy halving day
Post by: Come-from-Beyond on October 23, 2012, 07:00:41 PM
Block 0 had 50, but they weren't spendable, correct? So 210000 will have 25 reward.

That 50 unspendable in Satoshi's client, but other client is able to spend them.


Title: Re: Happy halving day
Post by: Roy Badami on October 23, 2012, 07:20:04 PM
Do we celebrate the last 50 BTC block, or the first 25 BTC block?
Whatever, I stick to the number with the many zeroes. Bitcoiners like zeroes! :-)

The point when the last 50 BTC block is mined is the point at which the game changes, IMO.  From that moment onwards all miners are working for a lower potential reward, regardless of exactly when the first 25 BTC is found.

roy


Title: Re: Happy halving day
Post by: Yuhfhrh on November 07, 2012, 08:05:37 AM
Do we celebrate the last 50 BTC block, or the first 25 BTC block?
Whatever, I stick to the number with the many zeroes. Bitcoiners like zeroes! :-)

The point when the last 50 BTC block is mined is the point at which the game changes, IMO.  From that moment onwards all miners are working for a lower potential reward, regardless of exactly when the first 25 BTC is found.

roy

I agree. The last 50 block is what needs to be celebrated.


Title: Re: Happy halving day
Post by: sharky112065 on November 07, 2012, 02:30:51 PM
For me, it's not a celebration unless the Bitcoin price goes up when the block reward drops. My guess is it will go up for a bit and then back down as people that have invested start selling.


Title: Re: Happy halving day
Post by: Ente on November 07, 2012, 03:12:32 PM
For me, it's not a celebration unless the Bitcoin price goes up when the block reward drops. My guess is it will go up for a bit and then back down as people that have invested start selling.

..but you do see the significance in this event, no? Bitcoin has little milestones - this one of the huge ones! :-)

Ente


Title: Re: Happy halving day
Post by: cbeast on November 07, 2012, 03:23:21 PM
Followers of the true path of Bitcoin will have their names forever embedded into the Holy Blockchain. Followers of Atlas will be forever rejected as double-spends. May you verifications always be instant.


Title: Re: Happy halving day
Post by: knight22 on November 07, 2012, 03:26:26 PM
For me, it's not a celebration unless the Bitcoin price goes up when the block reward drops. My guess is it will go up for a bit and then back down as people that have invested start selling.

Why people would start selling after the block reward drops? Does bitcoin will be less reliable? NO.
IMO people will just buy like crazy.


Title: Re: Happy halving day
Post by: FreeMoney on November 07, 2012, 03:31:20 PM
For me, it's not a celebration unless the Bitcoin price goes up when the block reward drops. My guess is it will go up for a bit and then back down as people that have invested start selling.

Why people would start selling after the block reward drops? Does bitcoin will be less reliable? NO.
IMO people will just buy like crazy.

Well, in a sense... less resources will be given to secure the chain.


Title: Re: Happy halving day
Post by: knight22 on November 07, 2012, 04:35:55 PM
For me, it's not a celebration unless the Bitcoin price goes up when the block reward drops. My guess is it will go up for a bit and then back down as people that have invested start selling.

Why people would start selling after the block reward drops? Does bitcoin will be less reliable? NO.
IMO people will just buy like crazy.

Well, in a sense... less resources will be given to secure the chain.

Yes, for a short period of time but I think things will move on with the increasing prices due to the halving.


Title: Re: Happy halving day
Post by: anu on November 07, 2012, 07:06:27 PM
Does anyone has a good guess when it will happen? If it's 6 blocks / hour it should be the 29th in the morning (UTC).


Title: Re: Happy halving day
Post by: FreeMoney on November 07, 2012, 07:32:15 PM
Does anyone has a good guess when it will happen? If it's 6 blocks / hour it should be the 29th in the morning (UTC).

Wed Nov 28th 7pm ET!

Whenever it is we're ha(l)ving a party at Seals.


Title: Re: Happy halving day
Post by: Stapleddiet on November 07, 2012, 07:34:36 PM
Bring it on the 25th Nov my 50th birthday. Some nice numbers for me.


Title: Re: Happy halving day
Post by: beckspace on November 07, 2012, 08:10:24 PM
Does anyone has a good guess when it will happen? If it's 6 blocks / hour it should be the 29th in the morning (UTC).

Throwing a halving party in the morning? Poor neighbors.

http://25.media.tumblr.com/tumblr_lzrohsxLz91r1pyvko1_400.gif

Sorry for party rocking. (Never gets old)

Edit:
Changed the previous gif (5.6 MB) to a new lighter one (360 KB):
Link to the old (funnier) gif: http://fc09.deviantart.net/fs70/f/2012/130/9/7/sorry_for_party_rocking_____it__s_a_gif___by_hemmie_3-d4z86p2.gif


Title: Re: Happy halving day
Post by: Otoh on November 07, 2012, 08:26:26 PM
Does anyone has a good guess when it will happen? If it's 6 blocks / hour it should be the 29th in the morning (UTC).

Wed Nov 28th 7pm ET!

Whenever it is we're ha(l)ving a party at Seals.

2012 11 28 would be cool as it's the full moon for extra emotional intensity & partying, it's also a penumbral lunar eclipse (http://eclipse.gsfc.nasa.gov/OH/OH2012.html) & they don't just happen every day ~ good stuff, it's also my birthday ftw :)


Title: Re: Happy halving day
Post by: ARapalo on November 08, 2012, 03:00:02 AM
Hey how accurate is this halving day? I could change by a day or two based on total network speed, right?


Title: Re: Happy halving day
Post by: FreeMoney on November 08, 2012, 03:01:20 AM
Hey how accurate is this halving day? I could change by a day or two based on total network speed, right?

Correct.

I believe early on the 29th is if we get 10 minute blocks, but we've actually been getting like 9.6 or something for a while and that would put it earlier.


Title: Re: Happy halving day
Post by: odolvlobo on November 08, 2012, 03:13:24 AM
You can always get the latest ETA at bitcoinclock.com. It says 11/29, but it assumes 10 minute blocks. It's starting to look like 11/28 in the evening. If ASICs come online before then it will probably be much sooner than that.


Title: Re: Happy halving day
Post by: kano on November 08, 2012, 05:30:10 AM
Yeah try UTC or write GMT+/-N

As for when ... 3 weeks ...

This diff is currently only running 1.9% fast. (with very close to 4.5days to go at 1.9%)

Then 2 weeks with anywhere from -2% to 10% adjustment on that
(well that's what I guess - and in that range my guess is 4%) or between 342.7 hrs and 302.4 hrs or 4% = 322.6 hrs

Then another 337 blocks after that ... I'll go the same range -2% to 10% (and guess 4%) so between 57.3 and 56.6 hrs or 4% = 53.9 hrs

So on those figures - with it now 8-Nov 05:15 UTC (oh another block just came in I'll ignore it :P)

I get my guess of: between 29 Nov 9:15 UTC (-2%)  and  27 Nov 16:15 UTC (10%)
Or my 4% guess = 28 Nov 9:45 UTC (4%)

:)


Title: Re: Happy halving day
Post by: jl2035 on November 08, 2012, 10:22:07 PM
Yup. Not a currency. A religion.

Bitcoin is great and Satoshi is his prophet.

No, Satoshi is the messiah whose return is eagerly awaited.

True, and when he will finally get caught, sold out by one one of his closets followers for 30 BTC and get killed on a electric chair, this shall be the new symbol of our religion.

[image excluded]

Of course there will always be the one that believe it wasn't the real Satoshi and his return has yet to come.

And the ones believing he got resurrected and ascented into the blockchain, but that are just crazy people.

That's so fxxxxxx funny! :)


Title: Re: Happy halving day
Post by: felipelalli on November 09, 2012, 01:02:36 AM
Nice! :)


Title: Re: Happy halving day
Post by: helloworld on November 09, 2012, 02:34:13 AM
Yeah try UTC or write GMT+/-N

As for when ... 3 weeks ...

2 weeks, 5 days, 23 hours, 30 minutes :)


Title: Re: Happy halving day
Post by: Frequency on November 09, 2012, 12:27:53 PM
Yeah try UTC or write GMT+/-N

As for when ... 3 weeks ...

2 weeks, 5 days, 23 hours, 30 minutes :)


yeah i am getting excited ...  ;D


Title: Re: Happy halving day
Post by: Herodes on November 09, 2012, 03:11:17 PM
Sorry about my ignorance, but how exactly do we determine when it happens ?

I take it is on a set block number ? So if it's block n that's the deal, then we sit with the champagne glasses at n-1 and just wait for n, and once n comes we can all say cheers and start jumping, is that right ?


Title: Re: Happy halving day
Post by: crazy_rabbit on November 09, 2012, 05:03:15 PM
Yeah try UTC or write GMT+/-N

As for when ... 3 weeks ...

2 weeks, 5 days, 23 hours, 30 minutes :)


already?!?! So soon!


Title: Re: Happy halving day
Post by: odolvlobo on November 10, 2012, 02:46:37 AM
Sorry about my ignorance, but how exactly do we determine when it happens ?

I take it is on a set block number ? So if it's block n that's the deal, then we sit with the champagne glasses at n-1 and just wait for n, and once n comes we can all say cheers and start jumping, is that right ?

Yes.  Block 210,000 is the first block of the halved reward. The time it will be produced looks like 11/28, or possibly 11/27. Since the time to produce a block is random (but is usually close to 10 minutes), a more exact time cannot be predicted at this point.


Title: Re: Happy halving day
Post by: strideynet on November 10, 2012, 08:08:30 AM
Make sure it's near a cliff. If value drops we all jump :)


Title: Re: Happy halving day
Post by: Frequency on November 10, 2012, 11:54:24 AM
Make sure it's near a cliff. If value drops we all jump :)

if value drops i put al my money into buying knowing almost for sure it will go up again soon...hahaa cheerzz :D ;) ;)


Title: Re: Happy halving day
Post by: BitCoiner2012 on November 10, 2012, 12:51:26 PM
Will definitely try to celebrate this locally, like the idea!


Title: Re: Happy halving day
Post by: ildubbioso on November 10, 2012, 12:56:47 PM
the countdown will be interesting

ten blocks . . . . . . . . .
nine blocks . . . . . . . . .
. . . . . . . . . . .
. . . .  . . .
one block . . . .

Happy Halving Day!!



Title: Re: Happy halving day
Post by: Ente on November 11, 2012, 01:24:32 PM
the countdown will be interesting

ten blocks . . . . . . . . .
nine blocks . . . . . . . . .
. . . . . . . . . . .
. . . .  . . .
one block . . . .

Happy Halving Day!!



..with totally random waiting times in between!
Will you be able to have a beer in between each block? How will you divide the "10 minutes", drink it all as fast as possible, or be slow and hope you have those 10 mins? I see some fun block-games coming! :-)

Ente


Title: Re: Happy halving day
Post by: kano on November 18, 2012, 09:05:21 PM
Yeah try UTC or write GMT+/-N

As for when ... 3 weeks ...

This diff is currently only running 1.9% fast. (with very close to 4.5days to go at 1.9%)

Then 2 weeks with anywhere from -2% to 10% adjustment on that
(well that's what I guess - and in that range my guess is 4%) or between 342.7 hrs and 302.4 hrs or 4% = 322.6 hrs

Then another 337 blocks after that ... I'll go the same range -2% to 10% (and guess 4%) so between 57.3 and 56.6 hrs or 4% = 53.9 hrs

So on those figures - with it now 8-Nov 05:15 UTC (oh another block just came in I'll ignore it :P)

I get my guess of: between 29 Nov 9:15 UTC (-2%)  and  27 Nov 16:15 UTC (10%)
Or my 4% guess = 28 Nov 9:45 UTC (4%)

:)
With about 10 days to go :)

Amusing that the last diff did actually finish on 1.9%

So based on it now being 18-Nov 21:00 UTC (though it's tomorrow here :))

Current Difficulty of the 870 blocks so far in this last difficulty change before halving is -1.4% ... still JUST inside my rather large -2% to 10% range
(Yeah looks like it won't be anywhere near 10% but I'll leave that as the top value anyway)

However, I'll drop my 4% guess now down to 2% for the remainder of this difficulty + the 337 blocks until halving.

So again with the range -2% to 10% and 1146 blocks until the last diff change:
Between 194.8 and 171.9 hours (or 2% = 187.2 hrs)

Then another 337 blocks after that ... -2% to 10% (and now guess 2%):
so between 57.3 and 50.6 hrs (or 2% = 55.0 hrs)

So again based on it being 18-Nov 21:00 UTC and block 208517
So between 29-Nov 09:06 UTC (-2%) and 28-Nov 03:30 UTC (10%)
Or my new 2% guess 28-Nov 23:12 UTC

Edit: hmm - that 337 range is wrong, 10% is 50.6 (I typed 56.6) - never noticed the mistake before either - corrected now.
That meant the 10% is 28-Nov 03:30 UTC (not 28-Nov 09:30 UTC)


Title: Re: Happy halving day
Post by: goldlyre on November 18, 2012, 10:39:44 PM
Can I?


Title: Re: Happy halving day
Post by: marcus_of_augustus on November 22, 2012, 04:17:53 AM
So anyone know why bitcoinwatch and bitcoincharts are saying next difficulty change at 209,664 blocks ... I thought the halving and next difficulty change co-incided, i.e. 210,000?

http://www.bitcoinwatch.com/ (http://www.bitcoinwatch.com/)

http://bitcoincharts.com/markets/ (http://bitcoincharts.com/markets/)

EDIT: evidently they don't coincide ... my mistake, just had always assumed they would ... the next difficulty change will be the 104th and the block reward halving will occur 336 blocks after that change and 1680 blocks before the 105th difficulty change ... as you were, no need to panic.  ;)


Title: Re: Happy halving day
Post by: justusranvier on November 22, 2012, 04:31:18 AM
I've just started keeping track so I don't have many data points yet but I have a simple approximation based on current block and time between blocks as reported on blockchain.info.

So far my estimate falls in a six hour window on the 28th between 14:30 and 20:30 UTC.


Title: Re: Happy halving day
Post by: marcus_of_augustus on November 22, 2012, 04:43:26 AM
I've just started keeping track so I don't have many data points yet but I have a simple approximation based on current block and time between blocks as reported on blockchain.info.

So far my estimate falls in a six hour window on the 28th between 14:30 and 20:30 UTC.

umm, simple approx. says about 6 days, 16.6 hours from nowish ... so 2100 28.11.12 UTC ... roughly speaking?


Title: Re: Happy halving day
Post by: justusranvier on November 22, 2012, 04:51:14 AM
umm, simple approx. says about 6 days, 16.6 hours from nowish ... so 2100 28.11.12 UTC ... roughly speaking?
That's a reflection of how much noise is in the data, that it changed that much between when I posted and when you posted.


Title: Re: Happy halving day
Post by: justusranvier on November 25, 2012, 05:30:56 PM
This is a chart of my naive, semi-random sampling of blockchain info:

http://i.imgur.com/7Niru.png


Title: Re: Happy halving day
Post by: kano on November 25, 2012, 05:51:31 PM
Yeah try UTC or write GMT+/-N

As for when ... 3 weeks ...

This diff is currently only running 1.9% fast. (with very close to 4.5days to go at 1.9%)

Then 2 weeks with anywhere from -2% to 10% adjustment on that
(well that's what I guess - and in that range my guess is 4%) or between 342.7 hrs and 302.4 hrs or 4% = 322.6 hrs

Then another 337 blocks after that ... I'll go the same range -2% to 10% (and guess 4%) so between 57.3 and 56.6 hrs or 4% = 53.9 hrs

So on those figures - with it now 8-Nov 05:15 UTC (oh another block just came in I'll ignore it :P)

I get my guess of: between 29 Nov 9:15 UTC (-2%)  and  27 Nov 16:15 UTC (10%)
Or my 4% guess = 28 Nov 9:45 UTC (4%)

:)
With about 10 days to go :)

Amusing that the last diff did actually finish on 1.9%

So based on it now being 18-Nov 21:00 UTC (though it's tomorrow here :))

Current Difficulty of the 870 blocks so far in this last difficulty change before halving is -1.4% ... still JUST inside my rather large -2% to 10% range
(Yeah looks like it won't be anywhere near 10% but I'll leave that as the top value anyway)

However, I'll drop my 4% guess now down to 2% for the remainder of this difficulty + the 337 blocks until halving.

So again with the range -2% to 10% and 1146 blocks until the last diff change:
Between 194.8 and 171.9 hours (or 2% = 187.2 hrs)

Then another 337 blocks after that ... -2% to 10% (and now guess 2%):
so between 57.3 and 50.6 hrs (or 2% = 55.0 hrs)

So again based on it being 18-Nov 21:00 UTC and block 208517
So between 29-Nov 09:06 UTC (-2%) and 28-Nov 03:30 UTC (10%)
Or my new 2% guess 28-Nov 23:12 UTC

Edit: hmm - that 337 range is wrong, 10% is 50.6 (I typed 56.6) - never noticed the mistake before either - corrected now.
That meant the 10% is 28-Nov 03:30 UTC (not 28-Nov 09:30 UTC)
Time to do one last guess? :)

With 127 blocks to go until the last diff change - difficulkty is showing 1.16% - not majorly different to my 2% guess - but still a bit lower.

Now lets say it is 25-Nov 17:45 now

At 1.2% that will put the last difficulty change (before halving) at 20.9 hours from now or roughly 20hrs 55 minutes.

Or 26-Nov 14:40 for the next diff change

Then add another 337 blocks at between -2% and 10% (or using the current diff value of 1.2%)

That gives between 50.6 and 57.3 hours after that - or between 28-Nov 17:16 and 28-Nov 23:58

But using the 1.2% number we get: 28-Nov 22:10

Hmm all my numbers are on the 28th now (UTC) :)


Title: Re: Happy halving day
Post by: kwoody on November 27, 2012, 08:17:23 PM
Less than 24 hours till halving...value better go up, i'm feeling particularly lazy this week and don't want to dismantle rigs quite yet..


Title: Re: Happy halving day
Post by: marcus_of_augustus on November 27, 2012, 08:29:18 PM
Less than 24 hours till halving...value better go up, i'm feeling particularly lazy this week and don't want to dismantle rigs quite yet..

I'm betting it will actually drop, quite markedly too. Reasoning being a "buy the rumour, sell the news" effect. With so much speculative money in bitcoin a good portion has come in to profit from the "halving" phenomena. This money will take profits after the halving (I think they are already doing this for the last few days) .... I'm expecting to drop more and probably it will be a while before the long term effect of the decreased inflation works its way through to the supply/demand equation.


Title: Re: Happy halving day
Post by: Astro on November 27, 2012, 11:00:38 PM
It will have no impact on value either way.


Title: Re: Happy halving day
Post by: kano on November 27, 2012, 11:23:07 PM
Heh difficulty for the last change was 2.08% - matched my guess (2%) surprisingly enough, so I should have used it for the last calculation rather than the reported (incomplete) value at the time of 1.2% :P

Anyway with it simply counting down blocks and no more changes - currently it's 116
27-Nov 23:20 UTC now

116 at 10 minutes is of course 19hrs 20min

-2% is 19hrs 43min

+10% is 17hrs 24min

So that's now a 2.33 hour range

and at a 2% guess thats: 18hrs 57min to go or 28-Nov 18:17 UTC



Title: Re: Happy halving day
Post by: slothbag on November 28, 2012, 01:34:46 AM
Looks like my 6 week rough estimate of 30th November (AEST) was pretty close, its now looking like 29th @ 6:30am (AEST).

So had any big party been organised for the 30th with say a 2 day buffer either side would have been sufficient.

Tough to organise a kick-ass party for 6:30am though.. lol



Title: Re: Happy halving day
Post by: Ente on November 28, 2012, 06:55:26 AM
That's around 6pm in the Room77, Berlin! :-)
..the most awesome geeky reason to celebrate yet, and celebrate we will!

Ente


Title: Re: Happy halving day
Post by: kano on November 28, 2012, 10:07:12 AM
Block rate has been going wild for a while :)
It's at 5% at the moment.
I saw 17 in 95 minutes 2.5 hours ago

But I was thinking that the higher that get the better!
42 left to go now - but the change of hte hash rate dropping after 1/2 is quite high and it's only 13% into the difficulty change
So that remaining 87% could possibly take a while ...

Anyway it's now 28-Nov 10:00UTC

+42 at 2% (yeah I'll stick with 2% anyway even though it looks like it'll be wrong :P)
Is 6hrs 52min or 28-Nov 16:52 UTC - already more than hour earlier than my last guess.

and if it stays around 5% it'll be 6hrs 39min - so 28-Nov 16:39 UTC

10% will be 6hrs 18min or 28-Nov 16:18 UTC

So anyway - with it this close it's almost certainly 28-Nov 16:NN UTC for some value NN :)


Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 11:35:10 AM
Block rate has been going wild for a while :)
It's at 5% at the moment.
I saw 17 in 95 minutes 2.5 hours ago

But I was thinking that the higher that get the better!
42 left to go now - but the change of hte hash rate dropping after 1/2 is quite high and it's only 13% into the difficulty change
So that remaining 87% could possibly take a while ...

Anyway it's now 28-Nov 10:00UTC

+42 at 2% (yeah I'll stick with 2% anyway even though it looks like it'll be wrong :P)
Is 6hrs 52min or 28-Nov 16:52 UTC - already more than hour earlier than my last guess.

and if it stays around 5% it'll be 6hrs 39min - so 28-Nov 16:39 UTC

10% will be 6hrs 18min or 28-Nov 16:18 UTC

So anyway - with it this close it's almost certainly 28-Nov 16:NN UTC for some value NN :)

Countdown today is the day...whioeeeeee  ...o no my incom halves today happy or sad but what ever it is a milestone  :o

I am also intrested to see how many hashes will get plugged out after today  :'(

Cheerzzzzzz   ;) ::) :-\


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 12:03:14 PM
Guys - 26 more to go ;)

Lets Count em all!!!


Title: Re: Happy halving day
Post by: Remember remember the 5th of November on November 28, 2012, 12:03:31 PM
Block rate has been going wild for a while :)
It's at 5% at the moment.
I saw 17 in 95 minutes 2.5 hours ago

But I was thinking that the higher that get the better!
42 left to go now - but the change of hte hash rate dropping after 1/2 is quite high and it's only 13% into the difficulty change
So that remaining 87% could possibly take a while ...

Anyway it's now 28-Nov 10:00UTC

+42 at 2% (yeah I'll stick with 2% anyway even though it looks like it'll be wrong :P)
Is 6hrs 52min or 28-Nov 16:52 UTC - already more than hour earlier than my last guess.

and if it stays around 5% it'll be 6hrs 39min - so 28-Nov 16:39 UTC

10% will be 6hrs 18min or 28-Nov 16:18 UTC

So anyway - with it this close it's almost certainly 28-Nov 16:NN UTC for some value NN :)

Countdown today is the day...whioeeeeee  ...o no my incom halves today happy or sad but what ever it is a milestone  :o

I am also intrested to see how many hashes will get plugged out after today  :'(

Cheerzzzzzz   ;) ::) :-\
Little or big, some miners will shutdown OR move to other coins.


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 12:16:29 PM
24


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 28, 2012, 12:19:39 PM
23.5  ;D


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 12:28:50 PM
23  8)


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 12:31:34 PM
22  :P :P :P


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 12:39:24 PM
21

 god I must be bored    ::)


Title: Re: Happy halving day
Post by: RaTTuS on November 28, 2012, 12:48:24 PM
21 and it's made the beeb
http://www.bbc.co.uk/news/technology-20510447


Title: Re: Happy halving day
Post by: Ente on November 28, 2012, 12:54:34 PM
Oh shi-!
I better hurry to not be late! Guys, slow down the hashes, I can't leave work yet! :-)

Ente


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 12:57:10 PM
20 -  :-*


Title: Re: Happy halving day
Post by: Savior on November 28, 2012, 01:00:50 PM
18 ..going faster then expected. Keep hashing :)


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 01:01:32 PM
whoa 18


...I missed one  :'(


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 28, 2012, 01:10:00 PM
Someone could send a transaction with 25 BTC fee right after 209999th block found ===> FTW, make the 210001th block the 1st block with 25 BTC reward!  ;D


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 01:13:45 PM
16!
somone could send 25BTC fee every next block for 4  years so we all can mine as always xD


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 01:16:18 PM
14  ???

Ok who turned ASICS on?


Title: Re: Happy halving day
Post by: paraipan on November 28, 2012, 01:19:11 PM
13 blocks remaining  :D

I have mine ready...

http://www.countryliving.com/cm/countryliving/images/g6/brunch-champagne-0510-de.jpg


Title: Re: Happy halving day
Post by: yogi on November 28, 2012, 01:27:17 PM
Looks like we are ahead of schedule, maybe GPU miners are having one last bash?

Edit: 12 remaining.


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 01:27:57 PM
12 now

my champange is redy as well )
http://theartofbottledpoetry.files.wordpress.com/2010/03/screenshot_7_03.jpg


Title: Re: Happy halving day
Post by: ildubbioso on November 28, 2012, 01:29:50 PM
11!  :o

7 in 18 minutes.


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 28, 2012, 01:30:17 PM
What if there is more than one 210000th block found - 1 legit and a few orphaned ones? We won't be able to say which block is legit till 210120th block, right?


Title: Re: Happy halving day
Post by: Endgame on November 28, 2012, 01:31:50 PM
Bitcoin magazine should interview the person who mines the last block, so they are forever remembered


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 01:33:02 PM
I wonder if hashpower will drop like a rock, or will it go down slowly...

BTW: 10!


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 28, 2012, 01:37:50 PM
Bitcoin magazine should interview the person who mines the last block, so they are forever remembered

Anyone who wants be remembered forever should send a transaction with text using blockchain.info wallet.


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 01:40:33 PM
nine :)


Title: Re: Happy halving day
Post by: bitstarter on November 28, 2012, 01:41:21 PM
Today is the day.


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 01:52:38 PM

eight blocks to gooooo!

spiccioli


Title: Re: Happy halving day
Post by: Hexadecibel on November 28, 2012, 01:56:00 PM
Ahhhhhhhhhhhhhhhhh!


Title: Re: Happy halving day
Post by: Otoh on November 28, 2012, 02:03:06 PM
Just for interest there is a full deep penumbral lunar eclipse at exactly 33 minutes past this current hour (in half an hour +/-) & the full moon is exact at 46 minutes past, exciting timing!  :P


Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 02:04:02 PM
 :o aaaaaaaa  :o


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 02:05:57 PM
209993!


Title: Re: Happy halving day
Post by: bitstarter on November 28, 2012, 02:06:02 PM
..... So who is going to be left to mine ,


Title: Re: Happy halving day
Post by: AmDD on November 28, 2012, 02:06:46 PM
The end is near....


7

EDIT: Yuhfhrh beat me to it


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 02:10:01 PM


6



spiccioli


Title: Re: Happy halving day
Post by: warlordluke on November 28, 2012, 02:10:12 PM
6 More to go Only 1 hour 10 minutes left.

Badump, Badump, badump....


Title: Re: Happy halving day
Post by: BkkCoins on November 28, 2012, 02:12:17 PM
Just for interest there is a full lunar eclipse at exactly 33 minutes past this current hour (in half an hour +/-) & the full moon is at 46 minutes past, exciting timing!
Oooh. That is pretty awesome timing but I'm sure it only holds true in one place. Can someone find out where that happens at the moment the blocks halve? I hope it's not off the coast of Africa in the Null Triangle (0.0.0.0)....


Title: Re: Happy halving day
Post by: jl2012 on November 28, 2012, 02:17:30 PM
Just for interest there is a full lunar eclipse at exactly 33 minutes past this current hour (in half an hour +/-) & the full moon is at 46 minutes past, exciting timing!
Oooh. That is pretty awesome timing but I'm sure it only holds true in one place. Can someone find out where that happens at the moment the blocks halve? I hope it's not off the coast of Africa in the Null Triangle (0.0.0.0)....

No, it's just a penumbral eclipse http://eclipse.gsfc.nasa.gov/LEplot/LEplot2001/LE2012Nov28N.pdf


Title: Re: Happy halving day
Post by: dserrano5 on November 28, 2012, 02:22:17 PM
6 More to go Only 1 hour 10 minutes left.

At this pace it will be less time for sure.


Title: Re: Happy halving day
Post by: RaTTuS on November 28, 2012, 02:22:48 PM
que a 90min block


Title: Re: Happy halving day
Post by: Otoh on November 28, 2012, 02:23:04 PM
Just for interest there is a full lunar eclipse at exactly 33 minutes past this current hour (in half an hour +/-) & the full moon is at 46 minutes past, exciting timing!
Oooh. That is pretty awesome timing but I'm sure it only holds true in one place. Can someone find out where that happens at the moment the blocks halve? I hope it's not off the coast of Africa in the Null Triangle (0.0.0.0)....

No, it's just a penumbral eclipse http://eclipse.gsfc.nasa.gov/LEplot/LEplot2001/LE2012Nov28N.pdf

Yep, sry, a penumbral I got confused with the full moon, see here for viability, Bermuda is on:
https://bitcointalk.org/index.php?topic=75955.msg1325753#msg1325753

http://eclipse.gsfc.nasa.gov/5MCLEmap/2001-2100/LE2012-11-28N.gif


Title: Re: Happy halving day
Post by: Cosmos on November 28, 2012, 02:23:27 PM
Exciting times.  Wore my btcgear hat to work to represent!!  Too bad block explorer has such a big delay on the site.  Countdown time!!


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 02:24:00 PM
Just for interest there is a full lunar eclipse at exactly 33 minutes past this current hour (in half an hour +/-) & the full moon is at 46 minutes past, exciting timing!

It is a sign! The end is comeing! Block reward halving and eclypse is not coincidence!!11 We shall perish and ascent to the 5th dimension!!!!11!111!!!!!111 8)


http://www.youtube.com/watch?v=j-rxe9Ayb8c&list=PL74DF342B06C8102E&index=7&feature=plcp


Title: Re: Happy halving day
Post by: bushstar on November 28, 2012, 02:24:30 PM
OMG OMG OMG... This must be what the Mayans were talking about.


Title: Re: Happy halving day
Post by: lucif on November 28, 2012, 02:25:41 PM
Network speed in all time high 32.642 Thash/s

 i think this time it would be bubble for network power, not price

http://bitcoin.sipa.be/


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 02:26:41 PM



5


spiccioli


Title: Re: Happy halving day
Post by: BkkCoins on November 28, 2012, 02:27:15 PM
Exciting times.  Wore my btcgear hat to work to represent!!  Too bad block explorer has such a big delay on the site.  Countdown time!!
Blockchain.info is good for watching. It updates (pushes) new blocks as they come in.


Title: Re: Happy halving day
Post by: warlordluke on November 28, 2012, 02:27:44 PM
5


Title: Re: Happy halving day
Post by: Liquid on November 28, 2012, 02:29:58 PM
http://blockchain.info/en

Block 209,995 / 210,000


Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 02:30:21 PM
  

Lets all be part of history today....Eclipses Halvingday and a cold  Heineken




Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 02:31:58 PM

4


spiccioli


Title: Re: Happy halving day
Post by: warlordluke on November 28, 2012, 02:32:53 PM
4 To Go!!!


Title: Re: Happy halving day
Post by: lucif on November 28, 2012, 02:33:29 PM
Where is SATOSHI?

He must say his word in this historic moment.


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 02:34:22 PM
Four more guys... it should be over in less then 40 minutes


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 02:34:32 PM
Where is SATOSHI?

He must say his word in this historic moment.

That would be so funny  ;D


Title: Re: Happy halving day
Post by: BkkCoins on November 28, 2012, 02:35:26 PM
Where is SATOSHI?

He must say his word in this historic moment.
The ghost of Satoshi arises and lights a fabulous flatulent fart in the face of the Federal Reserve.


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 02:36:47 PM


3


spiccioli


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 28, 2012, 02:37:11 PM
In 3 blocks the price of Bitcoin will magically become 24.6 USD. BUYBUYBUY!


Title: Re: Happy halving day
Post by: warlordluke on November 28, 2012, 02:37:29 PM
3 Left People


Title: Re: Happy halving day
Post by: Carlos L. on November 28, 2012, 02:37:45 PM
When the block 210000 appears, I'll send a text message saying "Happy halving day" to everyone I know.


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 02:37:55 PM
The suspense is killing me!


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 02:38:24 PM
When the block 210000 appears, I'll send a text message saying "Happy halving day" to everyone I know.

I'm texting the countdown already to everyone I know  ;D


Title: Re: Happy halving day
Post by: slothbag on November 28, 2012, 02:38:50 PM
If Satoshi were to drop by and wish everyone a happy halving day, that would be the best halving day present ever :)


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 28, 2012, 02:40:47 PM
If Satoshi were to drop by and wish everyone a happy halving day, that would be the best halving day present ever :)

Most of miners don't think it's a happy day.


Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 02:40:54 PM

Men id go crazy  :P   if my blockfindings went 1up @ halvingtime  

only three to go...whooooooooeeeeee..... :o


Title: Re: Happy halving day
Post by: Liquid on November 28, 2012, 02:42:20 PM
http://bitcoinmagazine.net/wp-content/uploads/2012/11/Bitcoin1-390x280.png


Title: Re: Happy halving day
Post by: foo on November 28, 2012, 02:43:45 PM
3 Left People
No, 2. The instant that 209,999 is found is when things change. Waiting for 210,000 is like celebrating New Year at the end of January 1st.


Title: Re: Happy halving day
Post by: slothbag on November 28, 2012, 02:45:35 PM
The suspense is if the new block 210000 will actually get 25btc reward or if the whole system falls over..


Title: Re: Happy halving day
Post by: dserrano5 on November 28, 2012, 02:46:24 PM
The suspense is if the new block 210000 will actually get 25btc reward or if the whole system falls over..

The suspense is if block 21000 takes 90 minutes to be solved.


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 02:47:13 PM
Network hash rate is the highest I've ever seen it. Who is testing their ASICs?

I think many people are just mining because they want to be a part of it, like me.  :D


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 02:48:21 PM
3 Left People
No, 2. The instant that 209,999 is found is when things change. Waiting for 210,000 is like celebrating New Year at the end of January 1st.

you spoiled my game :)


spiccioli


Title: Re: Happy halving day
Post by: Polvos on November 28, 2012, 02:48:58 PM
I vote for bitcointalk and blockchain.info down just in a few minutes. Both are running low for me now  :(  I think it's too much attention


Title: Re: Happy halving day
Post by: Carlos L. on November 28, 2012, 02:49:20 PM
3 Left People
No, 2. The instant that 209,999 is found is when things change. Waiting for 210,000 is like celebrating New Year at the end of January 1st.

you spoiled my game :)


spiccioli


No he didn't. I'm pretty sure the first block with 25 BTC is 210000.


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 02:49:21 PM
I think 209,999 and 210,000 are equally important, the last 50 block and the first 25.


Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 02:49:29 PM
Network hash rate is the highest I've ever seen it. Who is testing their ASICs?

I think many people are just mining because they want to be a part of it, like me.  :D

Yuuuup +28Th  orso  ??? nice ..


Title: Re: Happy halving day
Post by: warlordluke on November 28, 2012, 02:50:35 PM
3 Left People
No, 2. The instant that 209,999 is found is when things change. Waiting for 210,000 is like celebrating New Year at the end of January 1st.

Really?!


Title: Re: Happy halving day
Post by: Liquid on November 28, 2012, 02:50:50 PM
Its the 29th here in Australia right now  ;)


Title: Re: Happy halving day
Post by: RodeoX on November 28, 2012, 02:52:05 PM
I am more excited about this than is warranted.   :)


Title: Re: Happy halving day
Post by: Polvos on November 28, 2012, 02:52:24 PM
I'm sure this moment is historic. Look mom, I'm in the economy 2.0!!!!


Title: Re: Happy halving day
Post by: foo on November 28, 2012, 02:52:44 PM
3 Left People
No, 2. The instant that 209,999 is found is when things change. Waiting for 210,000 is like celebrating New Year at the end of January 1st.

Really?!
Yes. Before 209,999 all miners are competing for 50 BTC, after it they're competing for 25 BTC.


Title: Re: Happy halving day
Post by: BitcoinHoarder on November 28, 2012, 02:52:59 PM
It's pretty significant... we have been doing this for years now on 50 BTC.  This will look like a massive reward when it's at 25.. 12.5.. etc.  These will be the "old days".


Title: Re: Happy halving day
Post by: 2GOOD on November 28, 2012, 02:53:31 PM
Its the 29th here in Australia right now  ;)

So for you 29th of November is like 29-th of February once every 4 years  ;D


Title: Re: Happy halving day
Post by: foo on November 28, 2012, 02:54:30 PM
The suspense is if the new block 210000 will actually get 25btc reward or if the whole system falls over..
The code is very simple, highly unlikely to be buggy. :)

Code:
    // Subsidy is cut in half every 210000 blocks, which will occur approximately every 4 years
    nSubsidy >>= (nHeight / 210000);


Title: Re: Happy halving day
Post by: Buffer Overflow on November 28, 2012, 02:55:08 PM
To grandchildren: Back in my day you got 50btc per block.


Title: Re: Happy halving day
Post by: exahash on November 28, 2012, 02:55:14 PM
It's pretty significant... we have been doing this for years now on 50 BTC.  This will look like a massive reward when it's at 25.. 12.5.. etc.  These will be the "old days".

Remember Remember the 28th of November (2012).  Old man.



Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 02:56:05 PM
It's pretty significant... we have been doing this for years now on 50 BTC.  This will look like a massive reward when it's at 25.. 12.5.. etc.  These will be the "old days".

yeah crazy huh the reward go,s down 50% and yet we are excited... :P  My heineken is getting Cold ...aaa takes 2 celebrite the incomhalving in a moment ..drink dronk drinken  :'(


Title: Re: Happy halving day
Post by: knight22 on November 28, 2012, 02:56:49 PM
To grandchildren: Back in my day you got 50btc per block.

And people where selling at 12$ and under  ::)


Title: Re: Happy halving day
Post by: BitcoinHoarder on November 28, 2012, 02:57:09 PM
It's pretty significant... we have been doing this for years now on 50 BTC.  This will look like a massive reward when it's at 25.. 12.5.. etc.  These will be the "old days".

yeah crazy huh the reward go,s down 50% and yet we are excited... :P  My heineken is getting Cold ...aaa takes 2 celebrite the incomhalving in a moment ..drink dronk drinken  :'(

It's two parts... 1) it stinks, we like big rewards but 2) this project is actually living on and upholding the original design.

Very cool.


Title: Re: Happy halving day
Post by: slothbag on November 28, 2012, 02:57:38 PM
The code is very simple, highly unlikely to be buggy. :)

// Subsidy is cut in half every 210000 blocks, which will occur approximately every 4 years
nSubsidy >>= (nHeight / 210000);

Ah ha.. >>= should be >=.. there is a bug.. quick where's Gavin!


Title: Re: Happy halving day
Post by: beekeeper on November 28, 2012, 02:58:20 PM
To grandchildren: Back in my day you got 50btc per block.

Heh.. :) The truth is that I feel the way I felt when I turned 30s..


Title: Re: Happy halving day
Post by: IIOII on November 28, 2012, 02:58:44 PM
Can we even realize the true dimension of this historic event?  :o

I doubt it!

 ;D


Title: Re: Happy halving day
Post by: exahash on November 28, 2012, 02:58:59 PM
To grandchildren: Back in my day you got 50btc per block.

And people where selling at 12$ and under  ::)

And knight22 sat at his computer clicking "refresh" ... "refresh" ... "refresh"

What's "refresh" grandpa?



Title: Re: Happy halving day
Post by: Carlos L. on November 28, 2012, 02:59:33 PM
I'm way too excited.


Title: Re: Happy halving day
Post by: RodeoX on November 28, 2012, 02:59:40 PM
To grandchildren: Back in my day you got 50btc per block.
Grandchildren: Grandpa, is it true you own a whole bitcoin!  :o


Title: Re: Happy halving day
Post by: BkkCoins on November 28, 2012, 03:00:00 PM
We're mining the last 50BTC block now.
Time to get your goodies in if you want to be in the last 50BTC block.


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 03:00:07 PM

2 or is it 1?


spiccioli


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 03:00:20 PM
2!


Title: Re: Happy halving day
Post by: beekeeper on November 28, 2012, 03:00:26 PM
The code is very simple, highly unlikely to be buggy. :)

// Subsidy is cut in half every 210000 blocks, which will occur approximately every 4 years
nSubsidy >>= (nHeight / 210000);

Ah ha.. >>= should be >=.. there is a bug.. quick where's Gavin!
Nah, its right, means shift by x (in our case by one) which equals divide by 2^x. (I assume, I never read the code.)


Title: Re: Happy halving day
Post by: cbeast on November 28, 2012, 03:00:39 PM
I'm looking on the forums for predictions from Keynesians that price drops with supplies. We'll see.


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 03:02:06 PM
lol hashrate is going through the roof...


Title: Re: Happy halving day
Post by: RaTTuS on November 28, 2012, 03:02:33 PM
1


Title: Re: Happy halving day
Post by: 2GOOD on November 28, 2012, 03:02:43 PM
1


Title: Re: Happy halving day
Post by: smracer on November 28, 2012, 03:02:52 PM
Done!


Title: Re: Happy halving day
Post by: CosicMiner on November 28, 2012, 03:03:07 PM
1
I'm scared!  :'(


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 03:03:19 PM
CELEBRATE!


Title: Re: Happy halving day
Post by: Liquid on November 28, 2012, 03:03:23 PM
https://fbcdn-profile-a.akamaihd.net/hprofile-ak-ash4/373323_373994146013508_325760156_n.jpg


Title: Re: Happy halving day
Post by: BkkCoins on November 28, 2012, 03:03:29 PM
The code is very simple, highly unlikely to be buggy. :)

// Subsidy is cut in half every 210000 blocks, which will occur approximately every 4 years
nSubsidy >>= (nHeight / 210000);

Ah ha.. >>= should be >=.. there is a bug.. quick where's Gavin!
Nah, its right, means shift by x (in our case by one), which equals divide by 2^x. (I assume, I never read the code.)
Subsidy is shifted right by number of times the height is over 210000.

We're mining on the first new 25 BTC block now. I got my transaction sent!
WooHoooo.


Title: Re: Happy halving day
Post by: cbeast on November 28, 2012, 03:03:35 PM
Wait for it...wait for it...


Title: Re: Happy halving day
Post by: marketGuy on November 28, 2012, 03:03:39 PM
Happy Halving!


Title: Re: Happy halving day
Post by: Liquid on November 28, 2012, 03:03:51 PM
http://static.tumblr.com/pobvajn/zfjm31tnb/tonysblimp.jpg


Title: Re: Happy halving day
Post by: dserrano5 on November 28, 2012, 03:04:02 PM
Last 50btc block found. Happy halving! Long life bitcoin!


Title: Re: Happy halving day
Post by: knight22 on November 28, 2012, 03:04:15 PM
 :o :o :o :o :o :o :o


Title: Re: Happy halving day
Post by: Liquid on November 28, 2012, 03:04:17 PM
Happy Halving! :D


Title: Re: Happy halving day
Post by: BitcoinHoarder on November 28, 2012, 03:04:22 PM
Happy Halving day!


Title: Re: Happy halving day
Post by: 2GOOD on November 28, 2012, 03:04:31 PM
Wait for it...wait for it...

No Way.. I'm going out for a smoke  8)


Title: Re: Happy halving day
Post by: warlordluke on November 28, 2012, 03:04:44 PM
Here we go!!


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 03:05:20 PM
I hope slush gets the first 25btc block!


Title: Re: Happy halving day
Post by: Rygon on November 28, 2012, 03:06:05 PM
Happy Halving Day!


Title: Re: Happy halving day
Post by: BlueCombWindow on November 28, 2012, 03:06:56 PM
209999   4 minutes   543   $ 321,933.96   BTC Guild   234.18

Last one!


Title: Re: Happy halving day
Post by: D.H. on November 28, 2012, 03:07:21 PM
I'm not celebrating until the first 25 BTC block is here...


Title: Re: Happy halving day
Post by: plasticAiredale on November 28, 2012, 03:07:31 PM
Who got the last 50 block?

EDIT: nevermind, thanks BlueCombWindow


Title: Re: Happy halving day
Post by: Phinnaeus Gage on November 28, 2012, 03:07:49 PM
Wouldn't it be funny if the IP that mines the first 25 block was located in KS/MO?


Title: Re: Happy halving day
Post by: yogi on November 28, 2012, 03:07:58 PM
Happy having day, may Satoshi be with you  ;D


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 03:08:02 PM
Happy Halving fellow bitcoiners!!!

spiccioli :)


Title: Re: Happy halving day
Post by: mccorvic on November 28, 2012, 03:08:08 PM
Huzzah!


Title: Re: Happy halving day
Post by: Polvos on November 28, 2012, 03:08:14 PM
513 transactions in the 209999 block. People is trying to put a transaction in the 210.000 block


Title: Re: Happy halving day
Post by: caveden on November 28, 2012, 03:08:30 PM
HAPPY HALVING DAY EVERYONE!

This is cool. It would be 21 million times cool if Satoshi were to ressurect just to say hello! :)


Title: Re: Happy halving day
Post by: RodeoX on November 28, 2012, 03:08:42 PM
Now the early adoption phase is over.


Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 03:08:51 PM
Well my pps rate just halved...it on..for real now

Everybody just HOLD on.... ;D


Title: Re: Happy halving day
Post by: Sysrq on November 28, 2012, 03:09:16 PM
Happy Halving Day!

Here we go !


Title: Re: Happy halving day
Post by: BTC-engineer on November 28, 2012, 03:09:37 PM
Who got the last 50 block?

EDIT: nevermind, thanks BlueCombWindow

BTC Guild


Title: Re: Happy halving day
Post by: World on November 28, 2012, 03:11:02 PM
Happy Halving Day!
Thank you Satoshi Thank you Dev Team


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 03:12:57 PM
People are spamming satoshidice with bets real bad right now lol


Title: Re: Happy halving day
Post by: marketGuy on November 28, 2012, 03:14:16 PM
Can someone explain me why did block 209998 (https://blockchain.info/block-index/322333/00000000000000c6d9b57b9db3f318d9a3080a6182afa43718f45cdf962448ac) get only 10 transactions when it had time for 23 minutes? And block 209999 (https://blockchain.info/block-index/322334/00000000000000f3819164645360294b5dee7f2e846001ac9f41a70b7a9a3de1) 543 transactions in just one minute?

Was that done on purpose by the miners, so that as many transactions as possible are on the famous "last" block?


Title: Re: Happy halving day
Post by: dserrano5 on November 28, 2012, 03:14:29 PM
Of course block 210000 takes longer. Someone has already turned off their rigs :).


Title: Re: Happy halving day
Post by: RaTTuS on November 28, 2012, 03:14:36 PM
the irc is crazy right now -


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 03:14:48 PM
People are spamming satoshidice with bets real bad right now lol

killing the time :)


Title: Re: Happy halving day
Post by: Polvos on November 28, 2012, 03:15:07 PM
Everybody wants a place in the famous block


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 03:16:14 PM
Hoping my transaction gets in the block!


Title: Re: Happy halving day
Post by: Phinnaeus Gage on November 28, 2012, 03:16:47 PM
People are spamming satoshidice with bets real bad right now lol

Free advertising if the owner(s) is behind the bets. I wonder if it will cease once the novelty is over.


Title: Re: Happy halving day
Post by: lucif on November 28, 2012, 03:16:57 PM
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks


Title: Re: Happy halving day
Post by: piuk on November 28, 2012, 03:18:16 PM
At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.


Title: Re: Happy halving day
Post by: ridgemont4 on November 28, 2012, 03:18:51 PM
Let's see what comes of this in the grand scheme of things..


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 03:18:53 PM
At least 700 people watching on blockchain right now. Should be a little something on the #210000 page.

Thanks for the stat!  ;)


Title: Re: Happy halving day
Post by: Jan on November 28, 2012, 03:19:47 PM
At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.
At least... behind one of those 700 monitors sit 3 people


Title: Re: Happy halving day
Post by: Arto on November 28, 2012, 03:21:36 PM
Bitcoin-Qt (0.7.0) just crashed on me the first time ever in sending a transaction. Busy busy.


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 03:21:55 PM
At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.
At least... behind one of those 700 monitors sit 3 people

2 people here


Title: Re: Happy halving day
Post by: Polvos on November 28, 2012, 03:22:06 PM
Little young compulsive gamblers, you're hitting really bad satoshidice rofl   ;D


Title: Re: Happy halving day
Post by: Phinnaeus Gage on November 28, 2012, 03:22:15 PM
At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.
At least... behind one of those 700 monitors sit 3 people

How many are setting on toilets like I am?


Title: Re: Happy halving day
Post by: mccorvic on November 28, 2012, 03:22:20 PM
You know, it's actually really fun to think that the BTC community finally has something positive to talk about and be excited over as opposed to the normal ponzi shiz.


Title: Re: Happy halving day
Post by: BitcoinHoarder on November 28, 2012, 03:23:31 PM
You know, it's actually really fun to think that the BTC community finally has something positive to talk about and be excited over as opposed to the normal ponzi shiz.

So after today its back to ponzi for 4 years?


Title: Re: Happy halving day
Post by: mccorvic on November 28, 2012, 03:24:01 PM
You know, it's actually really fun to think that the BTC community finally has something positive to talk about and be excited over as opposed to the normal ponzi shiz.

So after today its back to ponzi for 4 years?

Oh jebus I hope not :(


Title: Re: Happy halving day
Post by: chriswilmer on November 28, 2012, 03:24:01 PM
At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.

Link?!


Title: Re: Happy halving day
Post by: Carlos L. on November 28, 2012, 03:25:29 PM
At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.

Link?!

https://blockchain.info/en


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 28, 2012, 03:25:37 PM
Первыйнах  ;D


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 03:25:44 PM
http://www.pour-favor.com/wp-content/uploads/2011/12/champagne_new_years-3656.jpg


Title: Re: Happy halving day
Post by: Remember remember the 5th of November on November 28, 2012, 03:25:48 PM
210,000


Title: Re: Happy halving day
Post by: BTC-engineer on November 28, 2012, 03:25:55 PM
FINALLY!


Title: Re: Happy halving day
Post by: knight22 on November 28, 2012, 03:26:02 PM
What a historical event!!


Title: Re: Happy halving day
Post by: Quantus on November 28, 2012, 03:26:20 PM
I would like to thank the creators of Bitcoin!
I know your out there guys! Thank you!  ;D


Title: Re: Happy halving day
Post by: Carlos L. on November 28, 2012, 03:26:40 PM
https://blockchain.info/block-index/322335/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e


Title: Re: Happy halving day
Post by: BitcoinHoarder on November 28, 2012, 03:26:47 PM
HAPPY HALVING! (TO SLUSH!)


Title: Re: Happy halving day
Post by: Vod on November 28, 2012, 03:26:58 PM
CONGRATS ALL!


Title: Re: Happy halving day
Post by: IIOII on November 28, 2012, 03:27:25 PM
:o :o :o :o :o :o :o

Happy halving day!


Title: Re: Happy halving day
Post by: Sysrq on November 28, 2012, 03:27:35 PM
See you all in 4 years !  ;D


Title: Re: Happy halving day
Post by: BkkCoins on November 28, 2012, 03:27:48 PM
C'mon, C'mon - Spit it out already!

Block #210000

Summary
Number Of Transactions    457
Output Total    25,421.70093021 BTC
Estimated Transaction Volume    5,641.99105494 BTC
Transaction Fees    13.56295554 BTC
Height    210000 (Main Chain)
Timestamp    2012-11-28 15:24:38
Received Time    2012-11-28 15:24:55
Relayed By    Slush
Difficulty    3,438,908.96
Bits    436527338
Size    194.4580078125 KB
Version    2
Nonce    4069828196
Block Reward    25 BTC

Nice fireworks Piuk. You rule!


And my transaction got into the block. Uh huh!


Title: Re: Happy halving day
Post by: mccorvic on November 28, 2012, 03:28:05 PM
Happy New Year...i mean...wut?


Title: Re: Happy halving day
Post by: Polvos on November 28, 2012, 03:28:17 PM
Happy halving day. Slush got the block. Congratulations!


Title: Re: Happy halving day
Post by: Arto on November 28, 2012, 03:28:21 PM
Fireworks at http://blockchain.info/block-index/322335/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e ;D


Title: Re: Happy halving day
Post by: Yuhfhrh on November 28, 2012, 03:28:27 PM
Slush, who had the lucky share?


Title: Re: Happy halving day
Post by: Carlos L. on November 28, 2012, 03:28:29 PM
:) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'( :) ;) :D ;D >:( :( :o 8) ??? ::) :P :-[ :-X :-\ :-* :'(


Title: Re: Happy halving day
Post by: herzmeister on November 28, 2012, 03:28:38 PM
[obligatory post in historical thread to show to grandchildren]


Title: Re: Happy halving day
Post by: Jan on November 28, 2012, 03:28:44 PM
Grats to Slush


Title: Re: Happy halving day
Post by: thoughtfan on November 28, 2012, 03:29:02 PM
I would like to thank the creators of Bitcoin!
I know your out there guys! Thank you!  ;D
+1 - and to all you folk who have played your role mining, trading, hoarding, talking about - whatever it is that got Bitcoin to where it is today.  It could have been very different.  Now let's see what the future brings :)


Title: Re: Happy halving day
Post by: nokru on November 28, 2012, 03:29:05 PM
it was slush' pool - and the firework on bitcoinchain was nice ;)

honor to contribute to the pool (but it wasn't my share :/) :) - who wants an autogram?


Title: Re: Happy halving day
Post by: Liquid on November 28, 2012, 03:29:18 PM
Nice Grats every one  ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D


Title: Re: Happy halving day
Post by: phelix on November 28, 2012, 03:29:26 PM
helau!

satoshi, thank you for all the fun!

At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.
sweet!


Title: Re: Happy halving day
Post by: Frequency on November 28, 2012, 03:30:13 PM
At least 700 people watching on blockchain right now. There should be a little something extra on the #210000 page.
At least... behind one of those 700 monitors sit 3 people

How many are setting on toilets like I am?

Moi


Title: Re: Happy halving day
Post by: yaffare on November 28, 2012, 03:30:44 PM
13BTC!!! fee on block 210000


Title: Re: Happy halving day
Post by: gilgil on November 28, 2012, 03:31:03 PM
https://blockchain.info/block-index/322335/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e

Nice fireworks :-)
Well done blockchain.info!


Title: Re: Happy halving day
Post by: craked5 on November 28, 2012, 03:31:33 PM
GRATSS BTC :)


Title: Re: Happy halving day
Post by: wormbog on November 28, 2012, 03:32:29 PM
Congratulations everyone! I predict the next 4 years will be much more exciting than the last four!!


Title: Re: Happy halving day
Post by: Vod on November 28, 2012, 03:32:44 PM
We still talking about this?    ???


Title: Re: Happy halving day
Post by: cbeast on November 28, 2012, 03:32:51 PM
Happy Half-Life Day, Bitcoin!


Title: Re: Happy halving day
Post by: coretechs on November 28, 2012, 03:33:21 PM
w00t!


Title: Re: Happy halving day
Post by: mcgravier on November 28, 2012, 03:33:28 PM
And may the hashrate be with you!


Title: Re: Happy halving day
Post by: Immuzikation on November 28, 2012, 03:34:04 PM
https://blockchain.info/block-index/322335/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e

Nice fireworks :-)
Well done blockchain.info!

 :D


Title: Re: Happy halving day
Post by: Phinnaeus Gage on November 28, 2012, 03:34:08 PM
[obligatory post in historical thread to show to grandchildren]

obligatory +1


Title: Re: Happy halving day
Post by: Rygon on November 28, 2012, 03:34:31 PM
Yay! Success! Bitcoin didn't crash!


Title: Re: Happy halving day
Post by: CosicMiner on November 28, 2012, 03:34:42 PM
Happy halving! :o


Title: Re: Happy halving day
Post by: jackmaninov on November 28, 2012, 03:36:11 PM
If you're on Slush's pool, go check your stats page to see if you mined it!


Title: Re: Happy halving day
Post by: juggalodarkclow on November 28, 2012, 03:36:27 PM
[obligatory post in historical thread to show to grandchildren]

obligatory +1
obligatory this


Title: Re: Happy halving day
Post by: BitCoiner2012 on November 28, 2012, 03:37:18 PM
There you have it, liked the fireworks, hmm..  Happy going forward everyone.


Title: Re: Happy halving day
Post by: spiccioli on November 28, 2012, 03:38:38 PM
Someone sent me a tip :) thanks buddy, really appreciated!

spiccioli


Title: Re: Happy halving day
Post by: DoomDumas on November 28, 2012, 03:39:00 PM
Happy Halving Day :D

On my side, I'll go drink a beer with the only bitcoiner I know 500 km arround :)  I Live quite far of any city with more than 30k pop. :)

Hope there will be major events for the second halving day :)

Have fun on this first halving day !


Title: Re: Happy halving day
Post by: tvasconcelos on November 28, 2012, 03:39:38 PM
+1 on the show your kids moment!!


Title: Re: Happy halving day
Post by: foo on November 28, 2012, 03:40:32 PM
CONGRATS, SLUSH!

Bitcoin Clock started counting down to the next one:

Quote
Reward-Drop ETA: 2016-11-25 23:37:25 UTC (208 weeks, 2 days, 8 hours)


Title: Re: Happy halving day
Post by: joecooin on November 28, 2012, 03:40:59 PM
Newsflash:

a first and brief research carried out by the Crypto Economics Consulting Group in Berlin indicates that:

the planet seems to still be rotating at it's normal angle and speed!

pls stay tuned to get more information in the unlikely event that this should still change ... ;)!

joe




Title: Re: Happy halving day
Post by: ildubbioso on November 28, 2012, 03:41:43 PM
We were here!  :)


Title: Re: Happy halving day
Post by: slothbag on November 28, 2012, 03:41:57 PM
Happy Halving day everyone!

Congrats to Slush for taking out block 210000 and netting an impressive 13btc in transaction fees!

Thanks to Piuk for the awesome fireworks on the blockchain.info site, who knows maybe in 2016 we'll have real fireworks :)

Thanks to the Dev Team for all their hard work making Bitcoin better and better.

Thanks to Satoshi for setting human kind down a new path towards true freedom!

And thanks to everyone who got into the Halving day spirit and made it a success :)

See you back here in 4 years!


Title: Re: Happy halving day
Post by: Cosmos on November 28, 2012, 03:43:00 PM
Heigh ho!  Its off to work we go! Woohooo.

https://www.youtube.com/watch?v=VvYnss7C_Ms&feature=youtube_gdata_player


Title: Re: Happy halving day
Post by: Otoh on November 28, 2012, 03:43:33 PM
Loved the firework & the great timing, it's my birthday Yey! Champagne & bubbles all round :)


Title: Re: Happy halving day
Post by: finway on November 28, 2012, 03:44:15 PM
Great!


Title: Re: Happy halving day
Post by: Herodes on November 28, 2012, 03:46:42 PM

Thanks to Piuk for the awesome fireworks on the blockchain.info site, who knows maybe in 2016 we'll have real fireworks :)


In 2016, we should have a really big celebration in some major town on each continent.


Title: Re: Happy halving day
Post by: oOoOo on November 28, 2012, 03:47:27 PM
[obligatory post in historical thread to show to grandchildren]
+1

Congratulations everyone! I predict the next 4 years will be much more exciting than the last four!!

is that even possible?  :o


Title: Re: Happy halving day
Post by: Rassah on November 28, 2012, 03:48:52 PM
Happy halving day! I am sadly stuck at work, so ALMOST missed it (was "celebrating" on my phone)


Title: Re: Happy halving day
Post by: Buffer Overflow on November 28, 2012, 03:52:03 PM
Roll on block 420,000.


Title: Re: Happy halving day
Post by: Nick on November 28, 2012, 03:53:37 PM
[Also partaking in the circlejerk for future boasting in front of grandchildren]


Title: Re: Happy halving day
Post by: cadillac on November 28, 2012, 03:57:24 PM
Should old block rates be forgot, and never (hic) brought to mind?  (hic)   o o


Title: Re: Happy halving day
Post by: hazek on November 28, 2012, 04:04:26 PM
[obligatory post in historical thread to show to grandchildren]

obligatory +1
obligatory this

Someone on reddit posted:
Quote
One small integer division for a CPU, one huge leap for mankind.


Title: Re: Happy halving day
Post by: slush on November 28, 2012, 04:06:17 PM
If you're on Slush's pool, go check your stats page to see if you mined it!

It was mined by user 'luckybear' :-D. He's pretty new on the pool, mining with average GPU...


Title: Re: Happy halving day
Post by: shwoop on November 28, 2012, 04:08:52 PM
If you're on Slush's pool, go check your stats page to see if you mined it!

It was mined by user 'luckybear' :-D. He's pretty new on the pool, mining with average GPU...

Lucky guy.


Title: Re: Happy halving day
Post by: mb300sd on November 28, 2012, 04:09:37 PM
Woke up 5 minutes before it was found!  ;D WHO TURNED UP THE HASH RATE?  >:(


Title: Re: Happy halving day
Post by: Spekulatius on November 28, 2012, 04:15:35 PM
http://blog.mahrko.de/wp-content/uploads/2009/06/hd-1.jpg

Happy HALVING EVERYBODY!!!  ;D ;D ;D



Title: Re: Happy halving day
Post by: adamstgBit on November 28, 2012, 04:19:57 PM

once every 4 years, for all time!

Happy HALVING day  :D


Title: Re: Happy halving day
Post by: dvide on November 28, 2012, 04:26:05 PM
http://i.imgur.com/kmYSV.jpg


Title: Re: Happy halving day
Post by: maxl on November 28, 2012, 04:27:19 PM
Happy halving Day!


Title: Re: Happy halving day
Post by: Fcx35x10 on November 28, 2012, 04:31:12 PM
Eveyone should remember today. Now we wait like the Olympics for the next block halving


Title: Re: Happy halving day
Post by: juggalodarkclow on November 28, 2012, 04:36:04 PM
Block halving, a luner eclipse, and the largest Powerball lottery all in one day.. the end is near lol


Title: Re: Happy halving day
Post by: keystroke on November 28, 2012, 04:36:29 PM
Woke up 5 minutes before it was found!  ;D WHO TURNED UP THE HASH RATE?  >:(

I shouldn't have hit snooze again! Thought it would happen a bit later in the day! :D


Title: Re: Happy halving day
Post by: SysRun on November 28, 2012, 04:48:23 PM
I blinked, what did I miss?


Title: Re: Happy halving day
Post by: DeathAndTaxes on November 28, 2012, 04:51:11 PM
Happy halving day everyone.  In 30 or 40 years you can tell all those next generation Bitcoin developers that you have been using Bitcoin so long that when you started blocks had a 50 BTC reward.


It is kinda weird seeing blocks with a 25 BTC subsidy though ...


Title: Re: Happy halving day
Post by: Mageant on November 28, 2012, 04:51:46 PM
Block halving, a luner eclipse, and the largest Powerball lottery all in one day.. the end is near lol

You forgot the premier of the "The Hobbit" movie.


Title: Re: Happy halving day
Post by: TravisE on November 28, 2012, 04:52:48 PM
Where have I been? I knew it was happening relatively soon, but I don't remember it happening this soon.  :o Where'd all that time go?


Title: Re: Happy halving day
Post by: nobbynobbynoob on November 28, 2012, 04:57:43 PM

That's a clever 'shop. I've shared this on my Facebook and G+. Give me a Bitcoin address if you'd like a tip for this.


Title: Re: Happy halving day
Post by: 2GOOD on November 28, 2012, 04:58:16 PM
http://blockchain.info/block-index/322335/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e

Fireworks are everywhere  ;D


Title: Re: Happy halving day
Post by: Gabi on November 28, 2012, 05:00:34 PM
Happy Halving Day!  :D :D :D


Title: Re: Happy halving day
Post by: uuidman on November 28, 2012, 05:11:25 PM
Hooraay everyone, Yiihoo
Happy halving Day!


Title: Re: Happy halving day
Post by: dvide on November 28, 2012, 05:12:59 PM
That's a clever 'shop. I've shared this on my Facebook and G+. Give me a Bitcoin address if you'd like a tip for this.
Aw thanks! 1GVPy6p4PtTiGoc1BW14ZMPLMKDRDABDVS


Title: Re: Happy halving day
Post by: Technomage on November 28, 2012, 05:20:54 PM
Happy halving day everyone.  In 30 or 40 years you can tell all those next generation Bitcoin developers that you have been using Bitcoin so long that when you started blocks had a 50 BTC reward.

+1

I wish everyone a Happy halving day as well!


Title: Re: Happy halving day
Post by: neuronics on November 28, 2012, 05:26:29 PM
Congrats & thanks to everyone contributing to this great project !  Keep up the good spirit.


Title: Re: Happy halving day
Post by: mc_lovin on November 28, 2012, 05:47:55 PM
w0000t happy halving everyone!!!!!! :D


Title: Re: Happy halving day
Post by: Cryptoman on November 28, 2012, 05:51:16 PM
It's nice to see that all the naysayers were wrong, that the hash rate didn't suddenly plummet when block 210,000 was hit.


Title: Re: Happy halving day
Post by: paraipan on November 28, 2012, 05:52:28 PM
Happy halving day  ;D


Title: Re: Happy halving day
Post by: slush on November 28, 2012, 05:53:44 PM
It's nice to see that all the naysayers were wrong, that the hash rate didn't suddenly plummet when block 210,000 was hit.

Give it some time. I would be really surprised if the hasrate won't change.


Title: Re: Happy halving day
Post by: shwoop on November 28, 2012, 05:57:41 PM
It's nice to see that all the naysayers were wrong, that the hash rate didn't suddenly plummet when block 210,000 was hit.

Give it some time. I would be really surprised if the hasrate won't change.

I don't think anyone suggested half of the network was sitting next to a switch waiting for 210000.
It will take some time for the affect of the halving to make its way through the network.
I'm sure a lot of gamer/miner chaps out there aren't aware of the halving and probably won't notice the drop in revenue for a while.


Title: Re: Happy halving day
Post by: DoomDumas on November 28, 2012, 06:11:11 PM
If you're on Slush's pool, go check your stats page to see if you mined it!

It was mined by user 'luckybear' :-D. He's pretty new on the pool, mining with average GPU...

LuckyBear has found it as stated by Slush !!!   Gratz !


I'd prefer a nickname like LuckyBull ;)


Title: Re: Happy halving day
Post by: FreeMoney on November 28, 2012, 06:42:53 PM
Seals Block Part Tourney was a success, 108 entrants and 215 rebuys. I'm nearly positive this is the largest turnout for a paid entry bitcoin tournament.


Title: Re: Happy halving day
Post by: FreeMoney on November 28, 2012, 07:15:15 PM
Twenty players won prizes, Svarne2 took first place for 7BTC even.


Title: Re: Happy halving day
Post by: marcus_of_augustus on November 28, 2012, 07:15:55 PM
Actually it was kind of cool to see hashrate shoot up with the latent capacity coming on-line to find the 210,000 block .... if there is ever a genuine 51% attack it means we can always "call up the militia reservists" ... :D ... knives, muskets bayonets, pitchforks, gpus, cpus and still they came


Title: Re: Happy halving day
Post by: bitstarter on November 28, 2012, 07:17:00 PM
So sweet it is! sweet lord Jesus!


Title: Re: Happy halving day
Post by: MoonShadow on November 28, 2012, 07:20:56 PM
It's nice to see that all the naysayers were wrong, that the hash rate didn't suddenly plummet when block 210,000 was hit.

Give it some time. I would be really surprised if the hasrate won't change.

I don't think anyone suggested half of the network was sitting next to a switch waiting for 210000.
It will take some time for the affect of the halving to make its way through the network.
I'm sure a lot of gamer/miner chaps out there aren't aware of the halving and probably won't notice the drop in revenue for a while.

I'd be really surprised if the hashrate didn't change either, but keep things in perspective.  Even if the hashrate were to cut right in half, it was running at over 300 Teraflops at the flip.  Even half that is way more than is reachable by the top 10 fastest supercomputers on Earth combined.  It was never really intended that mining would be particularly profitable.  It was expected, very early, that the major miners would slowly gravitate to the colder climates and areas that electric service was particularly cheap.  The city that I expect that most mining will occur is in basements across Reykjavik, Iceland; once this whole Bitcoin project achieves international mainstream acceptance.


Title: Re: Happy halving day
Post by: MoonShadow on November 28, 2012, 07:23:02 PM
Actually it was kind of cool to see hashrate shoot up with the latent capacity coming on-line to find the 210,000 block .... if there is ever a genuine 51% attack it means we can always "call up the militia reservists" ... :D ... knives, muskets bayonets, pitchforks, gpus, cpus and still they came

Yes, that's another thing.  There is massive amounts of reserve capacity for this network as well, most of which would be a net loss for the operators; but with the right motives can be brought to bear under such need.


Title: Re: Happy halving day
Post by: Dansker on November 28, 2012, 07:26:39 PM
Happy Halving day everybody! :)


Title: Re: Happy halving day
Post by: kano on November 28, 2012, 08:44:16 PM
Heh amazing how the block rate has increased.
You'd think ASIC was up and running - but not a sign of it from any one of the big 4 working on it :P
(BFL, bASIC, Avalon, ASICMINER)

Yeah 210000 was 38.5 BTC
The next 2 were 25.5 BTC so not too shabby either.

So looking at my guesses - not a single one correct for the final time but all the diff changes before it were fine :)

The actual final time simply kept get earlier and earlier as the block rate kept increasing.
The block rate really has jumped up and it has been since the last difficulty change in the 337 blocks up to halving.

So some amazing block counts as at right now - block 210040
last 144 blocks (usually 1 day) average: 7m 37.65s +31.10%
last 288 blocks (usually 2 days) average: 8m 39.24s +15.55%
last 432 blocks (usually 3 days) average: 8m 55.30s +12.09%

And of course the last 2 difficulty changes were 2.08% and 1.9% so either amazing luck changes since those small diff changes or more likely the network hash rate has really gone up quite noticeably in the last few days.

I guess we'll see again in the next few days.

Edit: and note I specifically say 'block rate' not hash rate.
Although everyone likes to call it the network hash rate, it actually is simply a calculation based purely on the block rate.
Although that is not a too inaccurate estimation of the network hashrate - it is only an estimation - since it is random statistics we are dealing with and even a '2 week' 2016 sample is not overly accurate ... (1 day samples and graphs showing them as 'hash rate' are almost random numbers IMO)


Title: Re: Happy halving day
Post by: yogi on November 28, 2012, 08:54:08 PM
So who had their money on -
Hash rate and transactions will sky rocket but price remain the same?


Title: Re: Happy halving day
Post by: Michael_S on November 28, 2012, 09:04:07 PM
Happy Halving Day!
And my best wishes to all the BTCTC community and to the bitcoin project, and to all the contributors to the bitcoin ecosystem!

("Halving Day" happened 6 hours earlier than what I had predicted even just two days ago - maybe some ASIC manufacturers have already started making test runs in real-world-conditions [or have changed their business models?!?  ;) ] and returned some share of the extra earnings in the form of extra-high transaction fees...)

For the friends of number mysticism:
  • It happened on day 333 of the year 2012 (although I don't believe in things like --> this (http://mysticalgod.com/books/333symbol.html)...).
  • The average duration between two generated blocks turned out to be 9.774 minutes, which is quite precisely the same number as the lowest gravity that exist anywhere on earth (near the equator at higher altitudes) when expressed in m/sē. One may interpret nice and positive things into this for the future... ;-)

For the friends of down-to-earth mathematics:
Here is the original forecast of bitcoin creation, given an ideal generation rate of 1 block per 10 minutes:
Code:
Time =        0 min =  3 Jan 2009:        0.00000000 Bitcoins exist. New block reward=50 BTC =5000000000 satoshis.
Time =  2100000 min =  1 Jan 2013: 10500000.00000000 Bitcoins exist. New block reward=25 BTC =2500000000 satoshis.
Time =  4200000 min = 28 Dez 2016: 15750000.00000000 Bitcoins exist. New block reward=12.5 BTC =1250000000 satoshis.
Time =  6300000 min = 26 Dez 2020: 18375000.00000000 Bitcoins exist. New block reward=6.25 BTC =625000000 satoshis.
Time =  8400000 min = 23 Dez 2024: 19687500.00000000 Bitcoins exist. New block reward=3.125 BTC =312500000 satoshis.
Time = 10500000 min = 20 Dez 2028: 20343750.00000000 Bitcoins exist. New block reward=1.5625 BTC =156250000 satoshis.
Time = 12600000 min = 18 Dez 2032: 20671875.00000000 Bitcoins exist. New block reward=0.78125 BTC =78125000 satoshis.
Time = 14700000 min = 15 Dez 2036: 20835937.50000000 Bitcoins exist. New block reward=0.39062 BTC =39062500 satoshis.
Time = 16800000 min = 12 Dez 2040: 20917968.75000000 Bitcoins exist. New block reward=0.19531 BTC =19531250 satoshis.
Time = 18900000 min = 10 Dez 2044: 20958984.37500000 Bitcoins exist. New block reward=0.097656 BTC =9765625 satoshis.
Time = 21000000 min =  7 Dez 2048: 20979492.18750000 Bitcoins exist. New block reward=0.048828 BTC =4882812 satoshis.
Time = 23100000 min =  4 Dez 2052: 20989746.09270000 Bitcoins exist. New block reward=0.024414 BTC =2441406 satoshis.
Time = 25200000 min =  2 Dez 2056: 20994873.04530000 Bitcoins exist. New block reward=0.012207 BTC =1220703 satoshis.
Time = 27300000 min = 29 Nov 2060: 20997436.52160000 Bitcoins exist. New block reward=0.0061035 BTC =610351 satoshis.
Time = 29400000 min = 26 Nov 2064: 20998718.25870000 Bitcoins exist. New block reward=0.0030518 BTC =305175 satoshis.
Time = 31500000 min = 24 Nov 2068: 20999359.12620000 Bitcoins exist. New block reward=0.0015259 BTC =152587 satoshis.
Time = 33600000 min = 21 Nov 2072: 20999679.55890000 Bitcoins exist. New block reward=0.00076293 BTC =76293 satoshis.
Time = 35700000 min = 18 Nov 2076: 20999839.77420000 Bitcoins exist. New block reward=0.00038146 BTC =38146 satoshis.
Time = 37800000 min = 16 Nov 2080: 20999919.88080000 Bitcoins exist. New block reward=0.00019073 BTC =19073 satoshis.
Time = 39900000 min = 13 Nov 2084: 20999959.93410000 Bitcoins exist. New block reward=9.536e-05 BTC =9536 satoshis.
Time = 42000000 min = 10 Nov 2088: 20999979.95970000 Bitcoins exist. New block reward=4.768e-05 BTC =4768 satoshis.
Time = 44100000 min =  8 Nov 2092: 20999989.97250000 Bitcoins exist. New block reward=2.384e-05 BTC =2384 satoshis.
Time = 46200000 min =  5 Nov 2096: 20999994.97890000 Bitcoins exist. New block reward=1.192e-05 BTC =1192 satoshis.
Time = 48300000 min =  2 Nov 2100: 20999997.48210000 Bitcoins exist. New block reward=5.96e-06 BTC =596 satoshis.
Time = 50400000 min = 31 Oct 2104: 20999998.73370000 Bitcoins exist. New block reward=2.98e-06 BTC =298 satoshis.
Time = 52500000 min = 28 Oct 2108: 20999999.35950000 Bitcoins exist. New block reward=1.49e-06 BTC =149 satoshis.
Time = 54600000 min = 25 Oct 2112: 20999999.67240000 Bitcoins exist. New block reward=7.4e-07 BTC =74 satoshis.
Time = 56700000 min = 23 Oct 2116: 20999999.82780000 Bitcoins exist. New block reward=3.7e-07 BTC =37 satoshis.
Time = 58800000 min = 20 Oct 2120: 20999999.90550000 Bitcoins exist. New block reward=1.8e-07 BTC =18 satoshis.
Time = 60900000 min = 17 Oct 2124: 20999999.94330000 Bitcoins exist. New block reward=9e-08 BTC =9 satoshis.
Time = 63000000 min = 15 Oct 2128: 20999999.96220000 Bitcoins exist. New block reward=4e-08 BTC =4 satoshis.
Time = 65100000 min = 12 Oct 2132: 20999999.97060000 Bitcoins exist. New block reward=2e-08 BTC =2 satoshis.
Time = 67200000 min =  9 Oct 2136: 20999999.97480000 Bitcoins exist. New block reward=1e-08 BTC =1 satoshi.
Time = 69300000 min =  7 Oct 2140: 20999999.97690000 Bitcoins exist. New block reward=0 BTC =0 satoshis.
http://dl.dropbox.com/u/18219492/Bitcoin/bitcoins_exist_10000.png
http://dl.dropbox.com/u/18219492/Bitcoin/blockreward_10000.png

Here is the adjusted forecast of bitcoin creation, given a generation rate of 1 block per 9.774 minutes (assuming that hash power will continue growing in a similar way as it did up to now, such that difficulty adjustments will continue lagging behind a bit):
Code:
Time =        0 min =  3 Jan 2009:        0.00000000 Bitcoins exist. New block reward=50 BTC =5000000000 satoshis.
Time =  2052540 min = 28 Nov 2012: 10500000.00000000 Bitcoins exist. New block reward=25 BTC =2500000000 satoshis.
Time =  4105080 min = 24 Oct 2016: 15750000.00000000 Bitcoins exist. New block reward=12.5 BTC =1250000000 satoshis.
Time =  6157620 min = 18 Sep 2020: 18375000.00000000 Bitcoins exist. New block reward=6.25 BTC =625000000 satoshis.
Time =  8210160 min = 13 Aug 2024: 19687500.00000000 Bitcoins exist. New block reward=3.125 BTC =312500000 satoshis.
Time = 10262700 min =  9 Jul 2028: 20343750.00000000 Bitcoins exist. New block reward=1.5625 BTC =156250000 satoshis.
Time = 12315240 min =  3 Jun 2032: 20671875.00000000 Bitcoins exist. New block reward=0.78125 BTC =78125000 satoshis.
Time = 14367780 min = 29 Apr 2036: 20835937.50000000 Bitcoins exist. New block reward=0.39062 BTC =39062500 satoshis.
Time = 16420320 min = 24 Mar 2040: 20917968.75000000 Bitcoins exist. New block reward=0.19531 BTC =19531250 satoshis.
Time = 18472860 min = 16 Feb 2044: 20958984.37500000 Bitcoins exist. New block reward=0.097656 BTC =9765625 satoshis.
Time = 20525400 min = 12 Jan 2048: 20979492.18750000 Bitcoins exist. New block reward=0.048828 BTC =4882812 satoshis.
Time = 22577940 min =  7 Dez 2051: 20989746.09270000 Bitcoins exist. New block reward=0.024414 BTC =2441406 satoshis.
Time = 24630480 min =  2 Nov 2055: 20994873.04530000 Bitcoins exist. New block reward=0.012207 BTC =1220703 satoshis.
Time = 26683020 min = 27 Sep 2059: 20997436.52160000 Bitcoins exist. New block reward=0.0061035 BTC =610351 satoshis.
Time = 28735560 min = 22 Aug 2063: 20998718.25870000 Bitcoins exist. New block reward=0.0030518 BTC =305175 satoshis.
Time = 30788100 min = 18 Jul 2067: 20999359.12620000 Bitcoins exist. New block reward=0.0015259 BTC =152587 satoshis.
Time = 32840640 min = 12 Jun 2071: 20999679.55890000 Bitcoins exist. New block reward=0.00076293 BTC =76293 satoshis.
Time = 34893180 min =  8 May 2075: 20999839.77420000 Bitcoins exist. New block reward=0.00038146 BTC =38146 satoshis.
Time = 36945720 min =  2 Apr 2079: 20999919.88080000 Bitcoins exist. New block reward=0.00019073 BTC =19073 satoshis.
Time = 38998260 min = 25 Feb 2083: 20999959.93410000 Bitcoins exist. New block reward=9.536e-05 BTC =9536 satoshis.
Time = 41050800 min = 21 Jan 2087: 20999979.95970000 Bitcoins exist. New block reward=4.768e-05 BTC =4768 satoshis.
Time = 43103340 min = 16 Dez 2090: 20999989.97250000 Bitcoins exist. New block reward=2.384e-05 BTC =2384 satoshis.
Time = 45155880 min = 11 Nov 2094: 20999994.97890000 Bitcoins exist. New block reward=1.192e-05 BTC =1192 satoshis.
Time = 47208420 min =  6 Oct 2098: 20999997.48210000 Bitcoins exist. New block reward=5.96e-06 BTC =596 satoshis.
Time = 49260960 min =  1 Sep 2102: 20999998.73370000 Bitcoins exist. New block reward=2.98e-06 BTC =298 satoshis.
Time = 51313500 min = 27 Jul 2106: 20999999.35950000 Bitcoins exist. New block reward=1.49e-06 BTC =149 satoshis.
Time = 53366040 min = 21 Jun 2110: 20999999.67240000 Bitcoins exist. New block reward=7.4e-07 BTC =74 satoshis.
Time = 55418580 min = 17 May 2114: 20999999.82780000 Bitcoins exist. New block reward=3.7e-07 BTC =37 satoshis.
Time = 57471120 min = 11 Apr 2118: 20999999.90550000 Bitcoins exist. New block reward=1.8e-07 BTC =18 satoshis.
Time = 59523660 min =  6 Mar 2122: 20999999.94330000 Bitcoins exist. New block reward=9e-08 BTC =9 satoshis.
Time = 61576200 min = 30 Jan 2126: 20999999.96220000 Bitcoins exist. New block reward=4e-08 BTC =4 satoshis.
Time = 63628740 min = 25 Dez 2129: 20999999.97060000 Bitcoins exist. New block reward=2e-08 BTC =2 satoshis.
Time = 65681280 min = 20 Nov 2133: 20999999.97480000 Bitcoins exist. New block reward=1e-08 BTC =1 satoshi.
Time = 67733820 min = 15 Oct 2137: 20999999.97690000 Bitcoins exist. New block reward=0 BTC =0 satoshis.
http://dl.dropbox.com/u/18219492/Bitcoin/bitcoins_exist_09774.png
http://dl.dropbox.com/u/18219492/Bitcoin/blockreward_09774.png

And finally, here is the code in case you want to generate these outputs for yourself (runs on Matlab or GNU Octave):
Code:
% Uncomment the PGP signature tags at the beginning and at the end of the file before verifying the signature

%-----BEGIN PGP SIGNED MESSAGE-----
%Hash: SHA1

function blockreward(Time_in_minutes_per_block)
% function blockreward()
% function blockreward(Time_in_minutes_per_block)
%
% Time_in_minutes_per_block = The average time that it takes the bitcoin network for generating one block.
% * Default (no argument)                                  : 10.000
% * Average till first block reward halving on 28 Nov 2012 :  9.774
%
% ---------------------------------------------------------------------------------------------------------
% This m-function calculates the bitcoin generation over time when assuming that the block genertion rate
% matches a fixed value of e.g. 10 minutes per block.
%   Note that in practice the actual block generation rate will likely be a little faster because the total
% hashing power of the bitcoin network increases continuously while the difficulty is only adjusted every
% 2016 blocks (=ca. 2 weeks) and therefore always lags behind the actual hashing power.
%   Therefore, for the time period from the start of the bitcoin network until the first halving of the
% block reward, it took only 3.90 instead of 3.99 years, corresponding to an average of 9.774 instead of
% 10.000 minutes per generated block.
% ---------------------------------------------------------------------------------------------------------
% According to the Bitcoin protocol:
%
% Every 210000 blocks the blockreward halfs.
%
% Average block generation rate = 1 block per 10 minutes,
% (difficulty adjusted every 2016 blocks = ca. every 2 weeks).
%
% Starting block reward = 50 BTCs.
%
% On 3 January 2009 at 18:15:05 UTC bitcoin block generation has started (creation of ths "genesis block"):
%     http://blockexplorer.com/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
%     http://blockchain.info/block-height/0
% On 28 November 2012 at 15:24:38 UTC block number 210000 was generated, the first block with block
% reward halved to 25 BTC:
%     http://blockexplorer.com/block/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e
%     http://blockchain.info/block-height/210000
%     http://blockchain.info/block-index/322335/000000000000048b95347e83192f69cf0366076336c639f9b7228e9ba171342e
%
% 1 day = 24*60 = 1440 minutes, and 1 year = 365.25 days in this file.
%
% The smallest unit is 1 satoshi = 1e-8 BTC.
%
% ----------------------------------------------------------------------------------------------------
% This script works with Matlab (tested with R2007b) and GNU Octave 3.0.0 (tested with version 3.0.0)
%
% Written on Planet Earth on 28 Nov 2012 = Day 333 of the year 2012,
% by Michael_S of bitcointalk.org (PGP key 0xCC7E7C99, bitcoin:14ajM1BHY7E8GJ4DGGvtFFGmE15hSSSRJR)
% ----------------------------------------------------------------------------------------------------

if nargin==0,
    Time_in_minutes_per_block =10.000;%  <-- Design value of the bitcoin protocol
    %Time_in_minutes_per_block = 9.774;% <-- avg. time till 1st block reward halving on 28 Nov 2012
end


%% 0 - Parameters:
Block_reward_start = 50;% =50
Block_nb_block_reward_halving = 210000;% =210000
satoshi = 1e-8;% smallest unit = 1 satoshi = 1e-8 BTC

block_generation_start_in_absolute_year = 2009.00756;% On 3 January 2009 at 18:15:05 bitcoin block generation has started.
% (http://blockexplorer.com/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f)
% (http://blockchain.info/block-height/0)


%% 1 - Calculations:
Month{1}  = 'Jan'; NbDays = [31,28,31,30,31,30,31,31,30,31,30,31];
Month{2}  = 'Feb'; NbDaysAccu(1) = NbDays(1); NbDaysAccu(2) = NbDaysAccu(1)+NbDays(2);
Month{3}  = 'Mar'; NbDaysAccu(3) = NbDaysAccu(2)+NbDays(3);
Month{4}  = 'Apr'; NbDaysAccu(4) = NbDaysAccu(3)+NbDays(4);
Month{5}  = 'May'; NbDaysAccu(5) = NbDaysAccu(4)+NbDays(5);
Month{6}  = 'Jun'; NbDaysAccu(6) = NbDaysAccu(5)+NbDays(6);
Month{7}  = 'Jul'; NbDaysAccu(7) = NbDaysAccu(6)+NbDays(7);
Month{8}  = 'Aug'; NbDaysAccu(8) = NbDaysAccu(7)+NbDays(8);
Month{9}  = 'Sep'; NbDaysAccu(9) = NbDaysAccu(8)+NbDays(9);
Month{10} = 'Oct'; NbDaysAccu(10) = NbDaysAccu(9)+NbDays(10);
Month{11} = 'Nov'; NbDaysAccu(11) = NbDaysAccu(10)+NbDays(11);
Month{12} = 'Dez'; NbDaysAccu(12) = NbDaysAccu(11)+NbDays(12);

bitcoins_existing = 0;
reward_unrounded = 2*Block_reward_start; % starting value - will immediately be halfed in the while loop before everything starts
reward = reward_unrounded;
minutes = 0; % time counter in minutes

time_vector_min = [];
bitcoins_vector = [];
reward_vector = [];
while reward >= satoshi,
    reward_unrounded = reward_unrounded / 2;
    % round down to multiple of 1 satoshi = 1e-8 BTC:
    reward = floor(reward_unrounded/satoshi)*satoshi;
    %reward_unrounded = reward;% <-- this line makes no difference whether activated or commented out.
    time_vector_min = [time_vector_min; minutes];
    bitcoins_vector= [bitcoins_vector; bitcoins_existing];
    reward_vector = [reward_vector, reward];
    Current_Year = block_generation_start_in_absolute_year+minutes/60/24/365.25;
    CurrentDayOfYear = 365*(Current_Year-floor(Current_Year));
    CurrentMonth = find((NbDaysAccu-CurrentDayOfYear)>0, 1);
    if CurrentMonth==1,
        CurrentDayOfMonth = CurrentDayOfYear;
    else
        CurrentDayOfMonth = CurrentDayOfYear - NbDaysAccu(CurrentMonth-1);
    end
    CurrentDayOfMonth = min(NbDays(CurrentMonth), (max(1, round(CurrentDayOfMonth))));
    nb_of_leading_spaces = max(0, 9 - max(1, ceil(log10(minutes+1))));
    space_padding = repmat(' ',1,nb_of_leading_spaces);
    space_padding_day = repmat(' ',1, 2-ceil(log10(CurrentDayOfMonth+1)));
    be = bitcoins_existing;% temporary short variable
    be = round((be-(be-floor(be*1e4)/1e4))*1e8)/1e8;% remove numerical artifacts
    space_padding_be = repmat(' ',1, 8-ceil(log10(max(1,be)+1)));
    disp(['Time =',[space_padding, num2str(round(minutes),'%0.9g')],' min = ',[space_padding_day, num2str(CurrentDayOfMonth)], ...
        ' ',Month{CurrentMonth},' ',num2str(floor(Current_Year)),': ',...
        [space_padding_be, num2str(be,'%0.8f')],' Bitcoins exist. New block reward=',num2str(reward),' BTC =',num2str(reward/satoshi),' satoshis.']);
    %
    minutes = minutes + Block_nb_block_reward_halving*Time_in_minutes_per_block;
    bitcoins_existing = bitcoins_existing + reward*Block_nb_block_reward_halving; % this many new block were generated
end


%% 2 - Plot Diagrams:
time_vector_years = time_vector_min/60/24/365.25;
time_vector_year_absolute = time_vector_years + block_generation_start_in_absolute_year;
bitcoins_vector_remain = bitcoins_vector(end) - bitcoins_vector;


figure;
ha = plot(time_vector_year_absolute, bitcoins_vector/1e6,'b.-'); hold on;
hb = plot(time_vector_year_absolute, bitcoins_vector_remain/1e6,'r'); hold on;
%legend([ha,hb],'Bitcoins existing','Bitcoins pending','location','southeast');% <-- syntax incompatible with GNU Octave
legend('Bitcoins existing','Bitcoins pending','location','southeast');% <-- compatible syntax!
plot([time_vector_year_absolute(1), time_vector_year_absolute(end)], [bitcoins_vector(end),bitcoins_vector(end)]/1e6, 'k-'); hold on;

title(['Bitcoins in existence over time (one block per ',num2str(Time_in_minutes_per_block),' min)']);
xlabel('Year (e.g. year "2012.91" means 28 Nov 2012 = 91% into year 2012)');
ylabel('Bitcoins / millions');
grid on;
axis([floor(time_vector_year_absolute(1)), ceil(time_vector_year_absolute(end)), 0, 1+ceil(bitcoins_vector(end))/1e6]);


figure;
% fill the data with 200-times the same ... (roughly 1 dot per week)
y = reshape(repmat(reward_vector, 200, 1), 1, 200*length(reward_vector));
y = y(1:end-199);
dx = (time_vector_year_absolute(end)-time_vector_year_absolute(1))/(length(y)-1);
x = [time_vector_year_absolute(1):dx:time_vector_year_absolute(end)];

plot(x, y,'m.-'); hold on;
%semilogy(x, y,'m.-'); hold on;
title(['Block reward over time (one block per ',num2str(Time_in_minutes_per_block),' min)']);
xlabel('Year (e.g. year "2012.91" means 28 Nov 2012 = 91% into year 2012)');
ylabel('Block reward / BTC');
grid on;
axis([floor(time_vector_year_absolute(1)), ceil(time_vector_year_absolute(end)), 0, 1+ceil(reward_vector(1))]);

return;
%-----BEGIN PGP SIGNATURE-----
% Version: GnuPG v1.4.6 (GNU/Linux)
%
% iD8DBQFQtmkV3WH/l8x+fJkRAtz7AJ94mSlE+JUVK7Caah1NYh07k5sqpQCcCtAV
% UR1YRCUbixH5RGSfIC8dU1g=
% =c7Tv
% -----END PGP SIGNATURE-----


Title: Re: Happy halving day
Post by: wareen on November 28, 2012, 09:07:54 PM
Happy halving day to you all!

We had a nice after-halving get-together here in Vienna, because most people arrived late ;)

Bitcoin's usefulness as a measure of value might be debatable but it absolutely sucks as a measure of time - I hate nondeterministic appointments :D


Title: Re: Happy halving day
Post by: FreeMoney on November 28, 2012, 09:16:13 PM
Happy halving day to you all!

We had a nice after-halving get-together here in Vienna, because most people arrived late ;)

Bitcoin's usefulness as a measure of value might be debatable but it absolutely sucks as a measure of time - I hate nondeterministic appointments :D

Flip a coin until you get 2845 streaks of more than 19 heads, that's when I'll arrive.


Title: Re: Happy halving day
Post by: interlagos on November 28, 2012, 09:39:33 PM
Today is definitely a special day!
Just look at the statistics on this forum (for those of you who pay attention to numbers :D):
Quote
Most Online Today: 1111.


Title: Re: Happy halving day
Post by: LightRider on November 29, 2012, 12:53:28 AM
One small step in the endeavor to end money.


Title: Re: Happy halving day
Post by: Bitcoin Oz on November 29, 2012, 01:09:42 AM
Heh amazing how the block rate has increased.
You'd think ASIC was up and running - but not a sign of it from any one of the big 4 working on it :P
(BFL, bASIC, Avalon, ASICMINER)

Yeah 210000 was 38.5 BTC
The next 2 were 25.5 BTC so not too shabby either.

So looking at my guesses - not a single one correct for the final time but all the diff changes before it were fine :)

The actual final time simply kept get earlier and earlier as the block rate kept increasing.
The block rate really has jumped up and it has been since the last difficulty change in the 337 blocks up to halving.

So some amazing block counts as at right now - block 210040
last 144 blocks (usually 1 day) average: 7m 37.65s +31.10%
last 288 blocks (usually 2 days) average: 8m 39.24s +15.55%
last 432 blocks (usually 3 days) average: 8m 55.30s +12.09%

And of course the last 2 difficulty changes were 2.08% and 1.9% so either amazing luck changes since those small diff changes or more likely the network hash rate has really gone up quite noticeably in the last few days.

I guess we'll see again in the next few days.

Edit: and note I specifically say 'block rate' not hash rate.
Although everyone likes to call it the network hash rate, it actually is simply a calculation based purely on the block rate.
Although that is not a too inaccurate estimation of the network hashrate - it is only an estimation - since it is random statistics we are dealing with and even a '2 week' 2016 sample is not overly accurate ... (1 day samples and graphs showing them as 'hash rate' are almost random numbers IMO)

If the reward has halved does that leave more room for transactions ?


Title: Re: Happy halving day
Post by: DoomDumas on November 29, 2012, 01:14:57 AM
I like this one, pretty nice call :)

Someone on reddit posted:
Quote
One small integer division for a CPU, one huge leap for mankind.


Title: Re: Happy halving day
Post by: kano on November 29, 2012, 01:20:52 AM
...

If the reward has halved does that leave more room for transactions ?
No - it's just a number in the coinbase transaction

Though if the block rate dropped that would be the opposite - more txns available per block (so less space)


Title: Re: Happy halving day
Post by: BkkCoins on November 29, 2012, 02:47:51 AM
I like this one, pretty nice call :)

Someone on reddit posted:
Quote
One small integer division for a CPU, one huge leap for mankind.
It's good but not strictly accurate. No integer division is done per se, but the equivalent.
That is the subsidy amount starts at 50 and is right shifted one bit for each multiple of 210000 of the block height. So I guess the block height is divided but not the subsidy. A right shift of one bit is the same as dividing by two, a special case.

Maybe,

One right shift for a CPU, one huge leap for mankind.


Title: Re: Happy halving day
Post by: TradeFortress on November 29, 2012, 04:54:24 AM
Happy halving day everyone.  In 30 or 40 years you can tell all those next generation Bitcoin developers that you have been using Bitcoin so long that when you started blocks had a 50 BTC reward.


It is kinda weird seeing blocks with a 25 BTC subsidy though ...

Yeah :)

I want to have mined a block with a 50 btc reward..


Title: Re: Happy halving day
Post by: World on November 29, 2012, 04:18:18 PM
Happy halving day everyone.  In 30 or 40 years you can tell all those next generation Bitcoin developers that you have been using Bitcoin so long that when you started blocks had a 50 BTC reward.


It is kinda weird seeing blocks with a 25 BTC subsidy though ...

Yeah :)

I want to have mined a block with a 50 btc reward..
interesting chart but there is a long way to go yet
Network Deficit (https://blockchain.info/charts/network-deficit?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=)


Title: Re: Happy halving day
Post by: MoonShadow on November 29, 2012, 07:22:51 PM
Happy halving day everyone.  In 30 or 40 years you can tell all those next generation Bitcoin developers that you have been using Bitcoin so long that when you started blocks had a 50 BTC reward.


It is kinda weird seeing blocks with a 25 BTC subsidy though ...

Yeah :)

I want to have mined a block with a 50 btc reward..
interesting chart but there is a long way to go yet
Network Deficit (https://blockchain.info/charts/network-deficit?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=)


I don't understand what that chart is trying to tell me.  What is the "network deficit"?


Title: Re: Happy halving day
Post by: Come-from-Beyond on November 29, 2012, 10:15:07 PM
I don't understand what that chart is trying to tell me.  What is the "network deficit"?

It shows how much miners would earn if the block reward was 0 BTC (not 25 as currently). It's supposed that in the future miner's income will be mainly tx fees. The fees will cover expenses for mining (electricity). Now most of the miners would switch their hardware off if there was no 25 BTC given each block. Bitcoin will survive only if its price or fees will be high enough to cover expenses. If this doesn't happen then only a few computers will mine and a successful 51% attack will be easily achieved.

NB: I may be wrong in my interpretation of "network deficit".


Title: Re: Happy halving day
Post by: Frequency on November 29, 2012, 10:24:00 PM
I don't understand what that chart is trying to tell me.  What is the "network deficit"?

It shows how much miners would earn if the block reward was 0 BTC (not 25 as currently). It's supposed that in the future miner's income will be mainly tx fees. The fees will cover expenses for mining (electricity). Now most of the miners would switch their hardware off if there was no 25 BTC given each block. Bitcoin will survive only if its price or fees will be high enough to cover expenses. If this doesn't happen then only a few computers will mine and a successful 51% attack will be easily achieved.

NB: I may be wrong in my interpretation of "network deficit".

Thats why I.. who believes in BTC for the long term will never ever shutdown my rigs even when i for some time make some loss knowing i already made money out of the system and becourse if you are a true Bitcoin believer you are willing to invest some time keeping the protocol alive ..untill ASIC will arrive true miners should keep mining...but thats just how i think about it im a true supporter of the project not only for the money ...money is what is killing this world...and I have enough to live well..

But I also will laugh IF one time 1 BTC reaches $100 or 1000 pp .... ;)


Title: Re: Happy halving day
Post by: timeshareafrica on January 08, 2013, 08:54:18 AM
Thanks intresting stuff, I wounder if one could predict more or less the event (price, hashrate or difficulty) at the end of the bitcoin payout mechanism in 2140.


Title: Re: Happy halving day
Post by: Morblias on January 08, 2013, 02:50:35 PM
Thanks intresting stuff, I wounder if one could predict more or less the event (price, hashrate or difficulty) at the end of the bitcoin payout mechanism in 2140.


http://i.imgur.com/ahlzh.jpg


Title: Re: Happy halving day
Post by: SouthernComfort on January 09, 2013, 03:20:57 AM
Interesting idea!


Title: Re: Happy halving day
Post by: kano on January 10, 2013, 01:44:44 PM
Thanks intresting stuff, I wounder if one could predict more or less the event (price, hashrate or difficulty) at the end of the bitcoin payout mechanism in 2140.

No.


Title: Re: Happy halving day
Post by: SouthernComfort on January 10, 2013, 11:04:06 PM
Thanks intresting stuff, I wounder if one could predict more or less the event (price, hashrate or difficulty) at the end of the bitcoin payout mechanism in 2140.

No.

How did you get your name in your Bitcoin address?!  :o


Title: Re: Happy halving day
Post by: kano on January 11, 2013, 12:58:25 AM
Thanks intresting stuff, I wounder if one could predict more or less the event (price, hashrate or difficulty) at the end of the bitcoin payout mechanism in 2140.

No.

How did you get your name in your Bitcoin address?!  :o
Well, one way you can do it is:
https://bitcointalk.org/index.php?topic=25804.0


Title: Re: Happy halving day
Post by: Melbustus on July 08, 2016, 05:26:48 PM
See you all in 4 years !  ;D

Yup. Still here.


...Thanks to Piuk for the awesome fireworks on the blockchain.info site, who knows maybe in 2016 we'll have real fireworks :)
...
See you back here in 4 years!

Plenty of actual parties this year....wouldn't be surprised if there are indeed real fireworks somewhere this time.


Congratulations everyone! I predict the next 4 years will be much more exciting than the last four!!

Hah! You had no idea... :)



Welcome to the impending 12.5BTC/block era, everyone. Less than 24hours to go.


Title: Re: Happy halving day
Post by: The Pharmacist on July 08, 2016, 05:41:10 PM
Love seeing old threads like this get bumped at the appropriate times.  It's also nice to see legendary members chime in on them after years have gone by.  I won't say how much it arouses me but you can imagine.  Here's to the halving!


Title: Re: Happy halving day
Post by: Sweetbtc on July 08, 2016, 05:44:06 PM
Love seeing old threads like this get bumped at the appropriate times.  It's also nice to see legendary members chime in on them after years have gone by.  I won't say how much it arouses me but you can imagine.  Here's to the halving!
I wonder if there will be a price increase at the halving day ?


Title: Re: Happy halving day
Post by: bitdumper on July 08, 2016, 06:05:42 PM
sounds intresting but why yhis thread seems so old anyway tomorrow me any my little bitcoiners group is going to celibrate the bitcoin halving day.we will together see the market ups and downs


Title: Re: Happy halving day
Post by: hermanhs09 on July 08, 2016, 06:09:50 PM
Wow,my friend just called me that he got lucky trading at short term (with bitcoin) and he want's to celebrate a halving
with me and some couple of other friends haha :D
He is making a big party in his villa,that is going to be cool!


Title: Re: Happy halving day
Post by: AmDD on July 08, 2016, 06:19:04 PM
The end is near....


7

EDIT: Yuhfhrh beat me to it

Still here as well.

See ya in another 4 years.


Title: Re: Happy halving day
Post by: StoreBit on July 08, 2016, 06:28:44 PM
that is such a good idea. i appreciate your efforts. i will try my self and will do arrangement for celebrating the halving. i will collect some of my friends and will discuss the bitcoin in detail. i will do arrangement party for them in respect of halving day. hope they will get some important information about  bitcoin.


Title: Re: Happy halving day
Post by: Denker on July 08, 2016, 07:10:54 PM
sounds intresting but why yhis thread seems so old anyway tomorrow me any my little bitcoiners group is going to celibrate the bitcoin halving day.we will together see the market ups and downs

The old threads are very often the best ones dude!
Especially here in this crazy forum. :)
We should bump this thread for each halving and could discuss in retrospect how far we have come so far.
I hope this thread will be on top tomorrow in this section for the whole day.Make a nice posting and become part of the history!
See you guys in 2020!


Title: Re: Happy halving day
Post by: Ente on July 08, 2016, 07:58:28 PM
Leipzig, Germany, checking in! :-)

Ente


Title: Re: Happy halving day
Post by: HarryKPeters on July 08, 2016, 08:46:26 PM
sounds intresting but why yhis thread seems so old anyway tomorrow me any my little bitcoiners group is going to celibrate the bitcoin halving day.we will together see the market ups and downs

The old threads are very often the best ones dude!
Especially here in this crazy forum. :)
We should bump this thread for each halving and could discuss in retrospect how far we have come so far.
I hope this thread will be on top tomorrow in this section for the whole day.Make a nice posting and become part of the history!
See you guys in 2020!

If's funny even I am excited because it is a big day for bitcoin. Whatever will happen price wise, this will be history.
I am really curious if we can see a downward trend in hash rate the coming weeks after the halving.


Title: Re: Happy halving day
Post by: vero on July 08, 2016, 09:26:21 PM
let's see if halving will give you happiness or sadness when viewed prices silent perhaps this would be a sad day for all holders of bitcoin. happy halving day :(


Title: Re: Happy halving day
Post by: Palakka on July 08, 2016, 09:30:37 PM
we expected the block halving tomorrow the price will be rise
but its depends supply and demand in the market.


Title: Re: Happy halving day
Post by: Akupuniard on July 08, 2016, 09:41:02 PM
In 20 hours will see what happen to bitcoin, i hope it will be ineteresting, i can't wait already. After halving will drink something  :P


Title: Re: Happy halving day
Post by: ShrykeZ on July 08, 2016, 09:45:01 PM
Hold onto your seats, almost there now, best wishes to Bitcoin :D


Title: Re: Happy halving day
Post by: woola3 on July 08, 2016, 11:45:41 PM
I wonder, will the btc rocket on http://www.thehalvening.com/#1 launch tomorrow? Hope for a special animation!


Title: Re: Happy halving day
Post by: angaper on July 08, 2016, 11:51:01 PM
I also hope this expected event brings us something to celebrate, but even in the eventual case that the worst scenarios and predictions come true, we will learn a lot of things to avoid these kind of speculations in future halving events.


Title: Re: Happy halving day
Post by: Lord1700 on July 09, 2016, 12:39:34 AM
lets print t-shirts!

i like this idea. someone should start design those t-shirt. really love to get one.


Title: Re: Happy halving day
Post by: liveflipcoin on July 09, 2016, 12:50:09 AM
In the first halving in 2012, how long did it take for the price to rise to around $1200?


Title: Re: Happy halving day
Post by: vodaljepa on July 09, 2016, 12:58:15 AM
We are almost there boys


Title: Re: Happy halving day
Post by: Doamader on July 09, 2016, 01:05:33 AM
In the first halving in 2012, how long did it take for the price to rise to around $1200?
If you are expecting such increase just forget, on that time bitcoin community were just some, maybe 500 members, soo the new ones were able or the olders to make pressure. Bitcoin wont grow such this time as bitcoin are present at several hands instead just some as on that halving.


Title: Re: Happy halving day
Post by: marcus_of_augustus on July 09, 2016, 01:05:46 AM
In the first halving in 2012, how long did it take for the price to rise to around $1200?

12 months almost exactly.


Title: Re: Happy halving day
Post by: Decoded on July 09, 2016, 01:14:45 AM
In the first halving in 2012, how long did it take for the price to rise to around $1200?

12 months almost exactly.

Then we'll hope for a steady rise over 12 months, not the sudden spike up that everyone dreams of. That would just mean a bubble and put us in a horrible situation.


Title: Re: Happy halving day
Post by: marcus_of_augustus on July 09, 2016, 01:17:12 AM
In the first halving in 2012, how long did it take for the price to rise to around $1200?

12 months almost exactly.

Then we'll hope for a steady rise over 12 months, not the sudden spike up that everyone dreams of. That would just mean a bubble and put us in a horrible situation.

there are no bubbles, only adoption waves that sometimes get ahead of themselves.

(A bubble price goes back below what it began at, bitcoin price has never done that, yet.)


Title: Re: Happy halving day
Post by: Dissonance on July 09, 2016, 01:18:07 AM
Don't expect the price to respond.  If you believe in efficient market theory the halving is already priced in since everyone knows is going to  happen.


Title: Re: Happy halving day
Post by: marcus_of_augustus on July 09, 2016, 01:19:56 AM
Don't expect the price to respond.  If you believe in efficient market theory the halving is already priced in since everyone knows is going to  happen.

... everyone knows that the fiat monetary system will collapse, why hasn't that been priced in to the dollar?


Title: Re: Happy halving day
Post by: Nevis on July 09, 2016, 01:20:26 AM
I have a proposal for a new celebration called "Halving Day".

The celebration would coincide with the Bitcoin block halving that occurs once every 4 years.  Given the random nature of blocks being found, the day cannot be set until probably a few months before the actual day.

The purpose of the celebration is to simply get together with fellow bitcoiners and celebrate this wonderful invention called Bitcoin.  I would like to see large organised events similar in nature to what we see for New Years celebrations around the world.

Similar to New Years, there could be a live broadcast on a big screen (see bitcoinclock.com) or loud speaker that announces the first halved block in realtime for a bit of arbitrary back slapping and high five'ing.

Other activities could be combined into the celebrations, maybe charity fund raises or company announcements or awards ceremonies..

If nothing else, even just printing some posters saying "happy halving day", or wishing strangers in the street a "happy halving day".

Eventually I would like to see this event become as popular as other 4 year events like the Olympics and World Cup.

So lets get ready to celebrate the inaugural Halving Day in 6 weeks time on the 30-Nov-2012.

Happy halving day!


This is a very old post but halving 2016 is coming so I will greet everyone happy halving day. I hope that it will also be shown on TV a grand celebration of halvening. It's not clear if there's a celebration since there are no announcement. But I'm happy since bitcoin has reached another halving. Bitcoiners wish bitcoins to survive and will celebrate more halving.


Title: Re: Happy halving day
Post by: SmartIphone on July 09, 2016, 01:22:18 AM
4 years later after this thread was created the halving is going to happen again, and now there are 93 blocks left until 420,000th block.
It is expected to happen today (UTC time) and let's see what will happen with the bitcoin price, I'm excited to see the surprises.


Title: Re: Happy halving day
Post by: Breakfastchief on July 09, 2016, 01:34:51 AM
Just 15 hours to go And I'm very excited to see the effects on the price.  I think it'll be a roller coaster ride and the price will settle back down shortly thereafter.


Title: Re: Happy halving day
Post by: GreenBits on July 09, 2016, 01:38:07 AM
Are there traditional customs and foodstuffs for this holiday? Also, do you think my boss will understand if I call in work late, scream "Happy Halving Day!", and hang up?

What should I wear?


Title: Re: Happy halving day
Post by: liveflipcoin on July 09, 2016, 01:48:08 AM
It's gonna go up to $5k for a bit then settle down, obviously. -Satoshi N.


Title: Re: Happy halving day
Post by: JeffBrad12 on July 09, 2016, 01:58:56 AM
4 years later after this thread was created the halving is going to happen again, and now there are 93 blocks left until 420,000th block.
It is expected to happen today (UTC time) and let's see what will happen with the bitcoin price, I'm excited to see the surprises.
But maybe the situation of this halving is very different with the previous halving because until this time we can't show the marking of halving or impact from halving to the bitcoin, the price just stable and a lot of people feels it. maybe this halving has become the worst halving in bitcoin history.


Title: Re: Happy halving day
Post by: Searing on July 09, 2016, 02:04:59 AM
4 years later after this thread was created the halving is going to happen again, and now there are 93 blocks left until 420,000th block.
It is expected to happen today (UTC time) and let's see what will happen with the bitcoin price, I'm excited to see the surprises.
But maybe the situation of this halving is very different with the previous halving because until this time we can't show the marking of halving or impact from halving to the bitcoin, the price just stable and a lot of people feels it. maybe this halving has become the worst halving in bitcoin history.

Well that sure clears it up :) lol :)



Title: Re: Happy halving day
Post by: iGotSpots on July 09, 2016, 02:08:46 AM
Happy halving day. Good luck everyone. Be smart, don't get trapped


Title: Re: Happy halving day
Post by: TGD on July 09, 2016, 04:05:39 AM
Well congrats to all of us. Im just watching what well happennext in bitcoin. Is the price will go high more or its stay at stable price or the price will go down after halving starts. All of us will not the same opinion what will happen for now let's just wait and see.


Title: Re: Happy halving day
Post by: drwtsn32 on July 09, 2016, 04:17:28 AM
Everyone, pull out all your bitcoins! The price will drastically go down!


No, I'm joking. No one knows what will happen.  ;D


Title: Re: Happy halving day
Post by: JsmintuckNeedawpsite on July 09, 2016, 04:31:30 AM
Just wait a few days to a few weeks and see what happens. That way, we can tell what

really happened, whether it increased in market value or not.


Title: Re: Happy halving day
Post by: sana123 on July 09, 2016, 05:12:47 AM
Are there traditional customs and foodstuffs for this holiday? Also, do you think my boss will understand if I call in work late, scream "Happy Halving Day!", and hang up?

What should I wear?

https://s-media-cache-ak0.pinimg.com/564x/fd/40/6a/fd406aea6b27cb943a2bd2e418e813b5.jpg


Title: Re: Happy halving day
Post by: Dr.Osh on July 09, 2016, 05:28:14 AM
Everyone, pull out all your bitcoins! The price will drastically go down!


No, I'm joking. No one knows what will happen.  ;D
I feel bitcoin prices will not fall in the near future. maybe the price will be slightly reduced but will inevitably increase again. of the alarming price drops, the better we prepare to collect bitcoin in large numbers in various sites that we can use to generate a bitcoin, because perhaps halving the next one will make bitcoin prices even higher.


Title: Re: Happy halving day
Post by: theymos on July 09, 2016, 05:52:02 AM
Happy halving day, everyone! The last four years have been very productive. Bitcoin was so much smaller in 2012 -- it's sometimes hard to believe how much the community, technology, and economy have expanded. I hope that the next four years are even better!

As for the price, I'm sort of expecting it to go the same as last time: nothing major in the short-term, but an increasing degree of upward pressure over the course of a few months due to the reduced supply of BTC.

Quote
'Twas the night before halving, when all through the chain
Not a miner was stirring, not even Bitmain's
The Trezors were hung by the paper wallets with care,
In hopes that Satoshi soon would be there;
The full nodes were checking that all blocks were right;
While visions of freedom make our future bright


Title: Re: Happy halving day
Post by: cryptme on July 09, 2016, 07:18:06 AM
Happy halving day!
May the bits and bytes be strong with you!
May the BTC we earn today be a lot valuable to our children.


Title: Re: Happy halving day
Post by: groll on July 09, 2016, 07:33:20 AM
Happy halving day to everyone. Its been 4 years and halving is here again to greet us. Hope this second halving becomes a sign towards the success and long life if bitcoin as cryptocurrency. Hope I can light some fireworks while waiting for the countdown.  Once again happy halving to all of us and good luck to our bitcoin activities.


Title: Re: Happy halving day
Post by: btcbrother on July 09, 2016, 07:43:30 AM
Happy halving day!

May the force be with BTC people!

Good luck everyone!


Title: Re: Happy halving day
Post by: avw1982 on July 09, 2016, 07:50:49 AM
Hey guys Happy halving day,  I wish that price will be stable and rise in future.

Happy to be a bitcoin users  8)


Title: Re: Happy halving day
Post by: Sled on July 09, 2016, 08:01:26 AM
Happy halving day co bitcoin users. Be smart on choosing the right price to sell your coins ;), Be prepared for the possible worst scenarios that might happen.

Keep holding for the sake of price because soon it will pump to the moon ;D.


Title: Re: Happy halving day
Post by: ImHash on July 09, 2016, 08:09:05 AM
happy second halving day, I can't say that I holding bitcoins because I'm not as I lost all my savings to HO scam  :'( :'( :'( :( :(
I had nothing and tried to start by borrowing cash and buying bitcoins then came the HO scam now life isn't the same for me.


Title: Re: Happy halving day
Post by: ETFbitcoin on July 09, 2016, 08:18:44 AM
Not really useful, but i think halving event should be celebrated ::)
Hope next halving's day won't be filled with HYPE which used by investor, trader, miners or other people to earn quick profit which leads to massive dumps.


Title: Re: Happy halving day
Post by: Dc147 on July 09, 2016, 08:26:29 AM
Happy halving day to all bitcoin users!Just wishing the price  will rise above $1000 before the end of the year .


Title: Re: Happy halving day
Post by: DreamSpace on July 09, 2016, 08:29:56 AM
Happy halving day, it's exciting even with a moderate amount of btc.


Title: Re: Happy halving day
Post by: romero121 on July 09, 2016, 08:38:47 AM
Every user of bitcoin as well users of our forum were in celebration mood, but only the price variation makes all whether to celebrate or not.


Title: Re: Happy halving day
Post by: LightRider on July 09, 2016, 08:52:24 AM
My halving day wish is that theymos ends his censorious bullshit.

Satoshi hear our prayers!


Title: Re: Happy halving day
Post by: asriloni on July 09, 2016, 09:00:30 AM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only


Title: Re: Happy halving day
Post by: skierchewing on July 09, 2016, 09:53:19 AM
I wish you all an happy halving day :) ! I was surprised to don't see a million of thread like this one in this section.


Title: Re: Happy halving day
Post by: davis196 on July 09, 2016, 10:04:44 AM
I have a proposal for a new celebration called "Halving Day".

The celebration would coincide with the Bitcoin block halving that occurs once every 4 years.  Given the random nature of blocks being found, the day cannot be set until probably a few months before the actual day.

The purpose of the celebration is to simply get together with fellow bitcoiners and celebrate this wonderful invention called Bitcoin.  I would like to see large organised events similar in nature to what we see for New Years celebrations around the world.

Similar to New Years, there could be a live broadcast on a big screen (see bitcoinclock.com) or loud speaker that announces the first halved block in realtime for a bit of arbitrary back slapping and high five'ing.

Other activities could be combined into the celebrations, maybe charity fund raises or company announcements or awards ceremonies..

If nothing else, even just printing some posters saying "happy halving day", or wishing strangers in the street a "happy halving day".

Eventually I would like to see this event become as popular as other 4 year events like the Olympics and World Cup.

So lets get ready to celebrate the inaugural Halving Day in 6 weeks time on the 30-Nov-2012.

Happy halving day!


Happy halving day to everyone!

I wish the btc price could reach 1000$ or more  soon.

Lets celebtrate bitcoin birthday as well.I forgot the exact date....



Title: Re: Happy halving day
Post by: harizen on July 09, 2016, 10:05:22 AM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

No worries as they already know that since the day they began to mine.

If price will increase after this halving thing, miners activity will be worth it and so on they will continue what they're doing.


Title: Re: Happy halving day
Post by: 1Referee on July 09, 2016, 10:11:50 AM
Every user of bitcoin as well users of our forum were in celebration mood, but only the price variation makes all whether to celebrate or not.

I was in celebration mode at the time the price peaked at around $790 not long ago. It was a long time ago since I made this much profit. Right now my mood is in normal functioning mode.


Title: Re: Happy halving day
Post by: buy4crypto on July 09, 2016, 10:15:52 AM
This will be an interesting week!


Title: Re: Happy halving day
Post by: Herbert2020 on July 09, 2016, 10:17:56 AM
happy halving day everyone.
this is a great part of history that we are currently witnessing. i hope bitcoin continues being great as it is right now. and i hope we can finally see the adoption we really dream about.


Title: Re: Happy halving day
Post by: harizen on July 09, 2016, 10:18:45 AM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

No worries as they already know that since the day they began to mine.

If price will increase after this halving thing, miners activity will be worth it and so on they will continue what they're doing.
Well I agree with you man. I hope that the miners will have a happy halving day even if their block reward will be halved. I also hope that the new base price of bitcoin is 600$ for them to profit in the new block reward amount so that they won't despise the halving day.

Actually based on my own view, miners can still keep up with the current price rate eventhough the rewards will be dropped. The output is no different from when the price sits for $200+ range for about half a year then sits for another months at below $500 to the situation today which is rewards will be drop and the price sitting at around $650.


Title: Re: Happy halving day
Post by: Ente on July 09, 2016, 10:36:00 AM
Are there traditional customs and foodstuffs for this holiday? Also, do you think my boss will understand if I call in work late, scream "Happy Halving Day!", and hang up?

What should I wear?

For one, it's customary to send a lucky transaction, trying to get into block 210000, 420000 etc. With a higher transaction fee, both to even be able to get into the block, as well as a friendly nod to the mining community.
I missed out on the first block halfing, and of course it's difficult if you are out there celebrating the block, as you should!

Happy blockhalfing day, gentlegals and guys!

Ente


Title: Re: Happy halving day
Post by: craked5 on July 09, 2016, 10:54:18 AM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

I don't think miners are crying out ther ^^
Halving is a planned event, it's not a supriprising shit for them =)


Title: Re: Happy halving day
Post by: MHopkins on July 09, 2016, 10:57:37 AM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

I don't think miners are crying out ther ^^
Halving is a planned event, it's not a supriprising shit for them =)

Exactly. Unless their 'bedroom' is a huge facility in China with thousands of water cooled ASIC miners with cheap, plentiful coal produced electricity.


Title: Re: Happy halving day
Post by: CoinBreader on July 09, 2016, 11:44:41 AM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

I don't think miners are crying out ther ^^
Halving is a planned event, it's not a supriprising shit for them =)

Exactly. Unless their 'bedroom' is a huge facility in China with thousands of water cooled ASIC miners with cheap, plentiful coal produced electricity.

Dont panic if miners go away from bitcoin diff will drop , so some miners will come back, price will go higher and we are all gonna be happy !
im missing my mining days... *sigh*


Title: Re: Happy halving day
Post by: Ocatin on July 09, 2016, 11:58:08 AM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

I don't think miners are crying out ther ^^
Halving is a planned event, it's not a supriprising shit for them =)

Exactly. Unless their 'bedroom' is a huge facility in China with thousands of water cooled ASIC miners with cheap, plentiful coal produced electricity.

Dont panic if miners go away from bitcoin diff will drop , so some miners will come back, price will go higher and we are all gonna be happy !
im missing my mining days... *sigh*

As long as the bitcoin price does not drop below $600, most miners will still be profitable, especially those with S7 miners.


Title: Re: Happy halving day
Post by: lumeire on July 09, 2016, 12:00:43 PM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

I don't think miners are crying out ther ^^
Halving is a planned event, it's not a supriprising shit for them =)

Exactly. Unless their 'bedroom' is a huge facility in China with thousands of water cooled ASIC miners with cheap, plentiful coal produced electricity.

Dont panic if miners go away from bitcoin diff will drop , so some miners will come back, price will go higher and we are all gonna be happy !
im missing my mining days... *sigh*

At the current price, I don't see miners being plugged out as of yet. If the price drops then that would definitely happen.

On the other hand, Happy halving day everyone, it's at 419967 and nearing it!


Title: Re: Happy halving day
Post by: Superways on July 09, 2016, 12:10:06 PM
people here so happy celebrating halving day when miners out there crying in their bedroom,how if the miners get away from bitcoin and bitcoin doomed? do you even thinking the negative effect of halving? should be prepared for this myself,i just being realistic and not thinking about the price only

I think the miners will also be happy with halving as the price of bitcoin is already doubled and it will increase more in value so the miners will receive the same amount of money which they were getting before halving. and also they also will have big piles of bitcoins so they will also get bigger profit from bitcoin price rise.


Title: Re: Happy halving day
Post by: Whosdaddy on July 09, 2016, 12:58:30 PM
In the first halving in 2012, how long did it take for the price to rise to around $1200?

12 months almost exactly.
Then the drop that devastated many bitcoin users and lost their trust to bitcoin.
Well, can't blame them anyway. I would've probably had reduced trust if I bought bitcoin at a high price then it suddenly dropped so low.


Title: Re: Happy halving day
Post by: hermanhs09 on July 09, 2016, 01:00:06 PM
In the first halving in 2012, how long did it take for the price to rise to around $1200?

12 months almost exactly.
Then the drop that devastated many bitcoin users and lost their trust to bitcoin.
Well, can't blame them anyway. I would've probably had reduced trust if I bought bitcoin at a high price then it suddenly dropped so low.

Yeah but i dont think that i could lost trust to bitcoin due to any drop,even the big fall .
Because i earn everyday btc and i can still may make pretty nice money out of trading and investments.


Title: Re: Happy halving day
Post by: Lucius on July 09, 2016, 01:31:16 PM
Happy halving day to the entire bitcoin community :)

I do not think we should worry too much about miners.They are made good profit so far and I think they will continue making a profit,maybe a little less than before.But mining is for large farms with cheap electricity still a good and profitable business.

A little more than 4 hours and the engines are turned on ;)

http://i63.tinypic.com/29du8mt.jpg



Title: Re: Happy halving day
Post by: Valzador on July 09, 2016, 02:06:00 PM
Happy halving day to the entire bitcoin community :)

I do not think we should worry too much about miners.They are made good profit so far and I think they will continue making a profit,maybe a little less than before.But mining is for large farms with cheap electricity still a good and profitable business.

A little more than 4 hours and the engines are turned on ;)

http://i63.tinypic.com/29du8mt.jpg



what site is this from?


Title: Re: Happy halving day
Post by: Cent21 on July 09, 2016, 02:16:33 PM

Is from here: http://www.thehalvening.com/

let's see what happen with halving!  :)


Title: Re: Happy halving day
Post by: coinut on July 09, 2016, 03:50:51 PM
happy halving day bitcoin community !

not long to go now  8)




Title: Re: Happy halving day
Post by: craked5 on July 09, 2016, 04:02:02 PM
happy halving day bitcoin community !

not long to go now  8)




Not long at all, in fact it's done, welcome to post halving era =D


Title: Re: Happy halving day
Post by: Denker on July 09, 2016, 04:08:08 PM
Happy halving day guys!
Only 6 more blocks to go!!
There is a youtube livestream going on with some background music.
You can also join the chat if you like.
Almost 600 people are with us!!

https://www.youtube.com/watch?v=ovXOZjxFB00 (https://www.youtube.com/watch?v=ovXOZjxFB00)


Title: Re: Happy halving day
Post by: Mageant on July 09, 2016, 04:50:48 PM
Happy Halving!!!!!!!!!!!!!!!!!!!!!!
 :) :) :) :)
 ;D ;D ;D ;D


Title: Re: Happy halving day
Post by: Ente on July 09, 2016, 07:40:37 PM
BAM! To another 210k blocks! :-)

See you in four years everyone. Oh, if only I could take a small peek to what's ahead of uf! Anything but a boring time, eh?

Ente


Title: Re: Happy halving day
Post by: Siyas on July 09, 2016, 07:50:39 PM
Happy halving day everyone. Lets make this event a memorable event. Hope everyone gets more profit to what you have invested.


Title: Re: Happy halving day
Post by: Cyrus on July 10, 2016, 01:04:00 AM
Happy halving day, everyone! The last four years have been very productive. Bitcoin was so much smaller in 2012 -- it's sometimes hard to believe how much the community, technology, and economy have expanded. I hope that the next four years are even better!

As for the price, I'm sort of expecting it to go the same as last time: nothing major in the short-term, but an increasing degree of upward pressure over the course of a few months due to the reduced supply of BTC.

Quote
'Twas the night before halving, when all through the chain
Not a miner was stirring, not even Bitmain's
The Trezors were hung by the paper wallets with care,
In hopes that Satoshi soon would be there;
The full nodes were checking that all blocks were right;
While visions of freedom make our future bright

I celebrated with a couple of beers, but reading this made me feel warm and fuzzy inside. Time to bring out some milk and cookies. And pizza!
Happy halving everyone!


Title: Re: Happy halving day
Post by: 1Referee on July 10, 2016, 02:50:45 AM
Happy halving day, everyone! The last four years have been very productive. Bitcoin was so much smaller in 2012 -- it's sometimes hard to believe how much the community, technology, and economy have expanded. I hope that the next four years are even better!

As for the price, I'm sort of expecting it to go the same as last time: nothing major in the short-term, but an increasing degree of upward pressure over the course of a few months due to the reduced supply of BTC.

Quote
'Twas the night before halving, when all through the chain
Not a miner was stirring, not even Bitmain's
The Trezors were hung by the paper wallets with care,
In hopes that Satoshi soon would be there;
The full nodes were checking that all blocks were right;
While visions of freedom make our future bright

I celebrated with a couple of beers, but reading this made me feel warm and fuzzy inside. Time to bring out some milk and cookies. And pizza!
Happy halving everyone!
Well nice way celebrating it man. I celebrated it just by enjoying my day and just holding my bitcoin then sold later. Well im satisfied with it even if it doesn't rise at 1000$ because it gave a nice price rise.  ;D

It's good to actually see some one being happy with the current price. I am quite sure that a lot people right now are very disappointed in the price as it didn't go up as much as they were hoping for. These people are just dreamers.


Title: Re: Happy halving day
Post by: MoonShadow on July 20, 2016, 05:46:05 AM
Happy Halving!!!!!!!!!!!!!!!!!!!!!!
 :) :) :) :)
 ;D ;D ;D ;D

Heh.  I didn't even notice.  The first halving was quite a stir for a bit, but this one was more like the Y2K bug.


Title: Re: Happy halving day
Post by: starboyshuvo on July 20, 2016, 05:48:49 AM
still waiting too see halving effect


Title: Re: Happy halving day
Post by: MoonShadow on July 20, 2016, 05:53:20 AM
still waiting too see halving effect

What kind of an effect did you expect?


Title: Re: Happy halving day
Post by: niall51 on July 20, 2016, 12:35:39 PM
im happy with halving of bitcoin in july 10 2016  it gives me a profit .. my price of bitcoin will up . more bitcoin more money to come..


Title: Re: Happy halving day
Post by: amiraja on July 21, 2016, 04:49:56 AM
Happy halving day every day for me


Title: Re: Happy halving day
Post by: drwtsn32 on July 21, 2016, 06:43:56 AM
still waiting too see halving effect

What kind of an effect did you expect?


A rise in price, perhaps?
That's the most expectation of the most of the people here.


Title: Re: Happy halving day
Post by: MoonShadow on July 24, 2016, 08:29:50 PM
still waiting too see halving effect

What kind of an effect did you expect?


A rise in price, perhaps?
That's the most expectation of the most of the people here.

Any rise in price would have been predicted by the market, and occurred before the halving.


Title: Re: Happy halving day
Post by: MaritiJames3 on July 24, 2016, 09:03:46 PM
still waiting too see halving effect

What kind of an effect did you expect?


A rise in price, perhaps?
That's the most expectation of the most of the people here.
The most recent rise was exactly what we were wait for. Many of us are happy to finally see bitcoin's price over 600 dollar.
No more 300 dollar or even 250 dollar. Finally an acceptable price


Title: Re: Happy halving day
Post by: to_the_game on July 24, 2016, 10:32:52 PM
the halving has passed and nothing big happened, im a bit disappointed now


Title: Re: Happy halving day
Post by: Blitzboy on July 24, 2016, 10:39:38 PM
the halving has passed and nothing big happened, im a bit disappointed now
I think better to wait more months.. the effect of block halving is not instantly it needs patience the price of bitcoin is always depends in demand and supply not in block halving.. but it can help to that the price will increase fast.. becaues our supply is already been reduce by half 12.5 btc per block


Title: Re: Happy halving day
Post by: Ocatin on July 25, 2016, 07:59:56 AM
the halving has passed and nothing big happened, im a bit disappointed now

The bitcoin price is just having some kind of correction. It has risen over 100% in the past twelve months.


Title: Re: Happy halving day
Post by: bitbunnny on July 25, 2016, 08:06:24 AM
People expected Bitcoin price "to the moon", someone here ohw forum were speaking even about 2000$ for BTC afterw halving. That didn't happen and now they are disappointed..But let's face it, that wasn't realistic. Still, the factw that nothing revolutionary hasn't happen doesn't mean that the Bitcoin will not continue to gradualy rise.