Bitcoin halving to be canceled?

[Blackmet]

I'm sure that halving will not be canceled. Miners are really want to but nobody can't control bitcoin. After halving some miners will come out from game but new will come. cycle.

[maxj57634]

Halving cant be canceled as it is part of bitcoin system/program and cant be over written as it keeps the system/program stable since every halving you get lesser coins out in the market.

[Nameless Coin]

Halving cant be canceled as it is part of bitcoin system/program and cant be over written as it keeps the system/program stable since every halving you get lesser coins out in the market.

This is indeed something that will not happen. Bitcoin's halving is needed for the protocol.
If it is skipped then it will stop to work. If it would to be cancelled i am sure the bitcoin core team would have announced it by now.

[bitbunnny]

I.agree with eveyone who has said that halvingw can't be canceled. This is just partw of mathematical algoritham, the way how Bitcoinw is structured so ir can't be canceled acording to someones will.

[wayla]

cancel bitcoin lol.
if this possible government do sooner.

[knowhow]

Halving were not implemented at bitcoin because someone wanna it.Halving has borned together with bitcoin,now all knows what it is for,and advantages and disavantages of it,and cant be canceled it may delay besides June or July,hitting August but being canceled wont happen.

[mskryxz]

Won't happen!

[mixan]

I'm sure that halving will not be canceled. Miners are really want to but nobody can't control bitcoin. After halving some miners will come out from game but new will come. cycle.

This is a given fact as it is a cycle and can not be stopped by anyone.
I think there are too many miners so this would be a good thing for bitcoin not a hindrance.

[Pab]

There was some talks to postpone halving to 2017 but no that idea has failed Bitcoin halving will begin around July 2016 maybe a little later

[deisik]

There was some talks to postpone halving to 2017 but no that idea has failed Bitcoin halving will begin around July 2016 maybe a little later

Could you expand more on this?

[Amph]

There was some talks to postpone halving to 2017 but no that idea has failed Bitcoin halving will begin around July 2016 maybe a little later

Could you expand more on this?

i think he mean i little early due to the miners mining more coin than the usual amount, diff retargetting is a bitch

[deisik]

There was some talks to postpone halving to 2017 but no that idea has failed Bitcoin halving will begin around July 2016 maybe a little later

Could you expand more on this?

i think he mean i little early due to the miners mining more coin than the usual amount, diff retargetting is a bitch

But what about "halving being hard-coded"? Is it really so stone-carved and hell-engraved as they want it to look?

[Amph]

There was some talks to postpone halving to 2017 but no that idea has failed Bitcoin halving will begin around July 2016 maybe a little later

Could you expand more on this?

i think he mean i little early due to the miners mining more coin than the usual amount, diff retargetting is a bitch

But what about "halving being hard-coded"? Is it really so stone-carved and hell-engraved as they want it to look?

you surely need an hard fork to change that thing on the code, probably not something as simple as the block size debate

[deisik]

But what about "halving being hard-coded"? Is it really so stone-carved and hell-engraved as they want it to look?

you surely need an hard fork to change that thing on the code, probably not something as simple as the block size debate

But if there is some skewness in the algo that allows to actually mine more coins that developers previously thought, couldn't it possibly lead to devastating consequences long term?

Or is it just by some strange kick of chance (tails 50 times in a row)?

[n0ne]

Bitcoin halving never gets cancelled. If the halving gets cancelled we can strongly say that it is a backlog or some other flaw has been detected in the technology.

[MaxTax]

I'm sure that halving will not be canceled. Miners are really want to but nobody can't control bitcoin. After halving some miners will come out from game but new will come. cycle.

This is a given fact as it is a cycle and can not be stopped by anyone.
I think there are too many miners so this would be a good thing for bitcoin not a hindrance.

It will be not canceled. But I think that it will not rise that fast and high after the halving, and many people think that it will rise.
But that is not true. You can see that the price is now rising slowly and that is quite okay. But you never know when it will stop and that is the problem.

[ranochigo]

Bitcoin halving shouldn't be cancelled. With the halving, the total supply of Bitcoin can be roughly estimated. The total possible supply of Bitcoin is a huge factor in determining the price. If the supply is larger, the price would be much lower. If it does gets cancelled, I would expect Bitcoin to crash completely since Bitcoin was designed to have a fixed supply and not a variable supply. No one except those who wants Bitcoin to fall would be benefited.

[Amph]

But what about "halving being hard-coded"? Is it really so stone-carved and hell-engraved as they want it to look?

you surely need an hard fork to change that thing on the code, probably not something as simple as the block size debate

But if there is some skewness in the algo that allows to actually mine more coins that developers previously thought, couldn't it possibly lead to devastating consequences long term?

Or is it just by some strange kick of chance (tails 50 times in a row)?

i don't think that possible, major flaw like those if are real will be discovered in no time any way, like the one from 2011 or 2013

[SebastianJu]

There was some talks to postpone halving to 2017 but no that idea has failed Bitcoin halving will begin around July 2016 maybe a little later

Could you expand more on this?

i think he mean i little early due to the miners mining more coin than the usual amount, diff retargetting is a bitch

Isn't block halving connected to a certain block? Then at the correct block the halving will happen. So it can't happen that more coins than the usual amount can be mined. The total amount of bitcoins is fixed.

I might be wrong of course.

[spazzdla]

There was some talks to postpone halving to 2017 but no that idea has failed Bitcoin halving will begin around July 2016 maybe a little later

Could you expand more on this?

i think he mean i little early due to the miners mining more coin than the usual amount, diff retargetting is a bitch

Isn't block halving connected to a certain block? Then at the correct block the halving will happen. So it can't happen that more coins than the usual amount can be mined. The total amount of bitcoins is fixed.

I might be wrong of course.

This is correct it is based around block # NOT TIME.

http://bitcoinblockhalf.com/

on block 420,000 the reward will halve.