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41  Other / Beginners & Help / Re: I have some questions on: June 13, 2016, 05:38:53 PM
Quote from: knightdk on June 13, 2016, 05:18:04 PM
Quote from: Bitcoin Brazil on June 13, 2016, 05:13:03 PM
But my question is, what is this 'halving' everyone is talking about, could someone explain for me please?

Bitcoin blocks generate some number of Bitcoin as a reward to the miner who found the block. The reward started at 50 BTC per block. Every 210000 blocks, that reward will halve. It has already halved once to 25 BTC per block. The next halving is coming up soon where the block reward will halve to 12.5 BTC per block.

Oh okay, thanks for the explanation! At first I thought the halving would make the price of the bitcoin go down
42  Other / Beginners & Help / I have some questions on: June 13, 2016, 05:13:03 PM
Hello everyone I want to make this as short as possible but here we go...

I heard about bitcoin in 2014 when the price was around 380-400 dollars, I always wanted to buy one but i forgot about it and now again I still wanted to buy one...

Anyways, I did buy one at around 550 dollars. I see that it is going up day by day and I do believe it could reach around 1000.

My plan is to keep it, and start getting more and more..

But my question is, what is this 'halving' everyone is talking about, could someone explain for me please?

Thanks so much
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