Bitcoin halving to be canceled?

[alisafidel58]

No,bitcoin halving wont be canceled as it determines the future price of bitcoin without the halving the coin would just be at low price.

[Amph]

No,uᴉoɔʇᴉq halving wont be canceled as it determines the future price of uᴉoɔʇᴉq without the halving the coin would just be at low price.

ehm that's not really true, the halving is there to permit the miners to not mine the whole supply too fast, while we wait for the adoption, so they can then profit from the fee alone

there is no real correlation between the halving and the price increase, the pump will most likely happen because of the hype not because of the halving itself

[deisik]

there is no real correlation between the halvingand the price increase, the pump will most likely happen because of the hype not because of the halving itself

I assume that the pump has already happened ($200 -> $400), to get miners ready for the halving and to alleviate the pain in the ass that it will bring to them

[Amph]

there is no real correlation between the halvingand the price increase, the pump will most likely happen because of the hype not because of the halving itself

I assume that the pump has already happened ($200 -> $400), to get miners ready for the halving and to alleviate the pain in the ass that it will bring to them

if that is all about the pump for the halving, then miners are probably screwed, because the diff is once again at the same point as before, in the sense that they have the same profit when we were at 2xx

so now when the halving will come it's like they are at 2xx vs the halving, which probably mean losing money if no major efficiency comes in play

[deisik]

so now when the halving will come it's like they are at 2xx vs the halving, which probably mean losing money if no major efficiency comes in play

Did efficiency get increased substantially (x times) since this thread got started?

[HarryKPeters]

No the bitcoin halving never will be cancelled, it has to happen and its already planned for ages, so no this is the point.
Its just a matter of time before the halving will happen, soon or later it has to happen and there will also be more halvings in the future itself, we should just hold our bitcoins from now on to see what is gonna do with the price also.

[ronaldinho_07]

One thing we all know speculation and the halving is currently pressing the market to make bitcoin get a pump before and on the moment the halving affects miners,soo the price gets affected by the halving,Nakamoto didnt implemented this for no reason.

[n0ne]

One thing we all know speculation and the halving is currently pressing the market to make uᴉoɔʇᴉq get a pump before and on the moment the halving affects miners,soo the price gets affected by the halving,Nakamoto didnt implemented this for no reason.

Speculation on halving might be pressing the market, But if the market scenario is bad the halving might get delayed, but the cancellation won't take place as the technology is developed to meet halving at certain interval of time.

[Amph]

so now when the halving will come it's like they are at 2xx vs the halving, which probably mean losing money if no major efficiency comes in play

Did efficiency get increased substantially (x times) since this thread got started?

no still the same, but there are plans to have 14/16nm soon, so i would suspect again a 2x increase in efficiency, there are already a bunch of tech running with a similar efficiency to this, by 21inc company(or whatever is its name)

[lolgato1]

Disregarding the fact that the halving was built in. If it didn't have a bit coin halving the price would barely move and even if it did go up by the time the price would start going down.

[bankingbtc]

There was much hype about the Fed raising interest rates in 2015, but we are still there, at the lowest possible level (wtf, it is even no longer the lowest possible limit). Bitcoin halving in July, 2016, is talked about as much, but will it really happen?

I ain't sure

i don't think that halving will be canceled, it will only happen if price won't rise so that means that  miners would leave their jobs so price would fall for sure, only way to see canceled halving

[CryingMidget]

One thing we all know speculation and the halving is currently pressing the market to make uᴉoɔʇᴉq get a pump before and on the moment the halving affects miners,soo the price gets affected by the halving,Nakamoto didnt implemented this for no reason.

Bitcoin halving should not be cancelled. Even if there is no Bitcoin halving, we issue Bitcoins all the time, the coin inflation will be close to 0% in a hundred years. The newly issued coin will compensate for the lost coins.

[Akupuniard]

Can somebody tell me who can cancel the halving? I don't think it's possible just cause miners want to.

[Laosai]

Can somebody tell me who can cancel the halving? I don't think it's possible just cause miners want to.

It's fairly easy to cancel the halving. You'd just need to change a few lines of code.
But the difficult part would be to make EVERYONE (which means miners of course, but also those who runs nodes and the actual users) to use this new version of bitcoin.

And a bitcoin without a coin number limit? Well let's just say it's the most stupid thing ever. That would destroy absolutely everything.

[deisik]

Can somebody tell me who can cancel the halving? I don't think it's possible just cause miners want to.

It's fairly easy to cancel the halving. You'd just need to change a few lines of code.
But the difficult part would be to make EVERYONE (which means miners of course, but also those who runs nodes and the actual users) to use this new version of uᴉoɔʇᴉq.

And a uᴉoɔʇᴉq without a coin number limit? Well let's just say it's the most stupid thing ever. That would destroy absolutely everything

That just says how fragile Bitcoin actually is, on the one hand, and how rigid and inflexible, on the other

[gkv9]

Can somebody tell me who can cancel the halving? I don't think it's possible just cause miners want to.

It's fairly easy to cancel the halving. You'd just need to change a few lines of code.
But the difficult part would be to make EVERYONE (which means miners of course, but also those who runs nodes and the actual users) to use this new version of uᴉoɔʇᴉq.

And a uᴉoɔʇᴉq without a coin number limit? Well let's just say it's the most stupid thing ever. That would destroy absolutely everything.

But don't you think that it's the protocol written to be followed, rules made are to be bound by everyone and not to be broken, else this ain't a thing to be trusted upon...
Just based on miners' mind and thinking, can we just forget the system and move ahead with what they want???

[deisik]

Can somebody tell me who can cancel the halving? I don't think it's possible just cause miners want to.

It's fairly easy to cancel the halving. You'd just need to change a few lines of code.
But the difficult part would be to make EVERYONE (which means miners of course, but also those who runs nodes and the actual users) to use this new version of uᴉoɔʇᴉq.

And a uᴉoɔʇᴉq without a coin number limit? Well let's just say it's the most stupid thing ever. That would destroy absolutely everything.

But don't you think that it's the protocol written to be followed, rules made are to be bound by everyone and not to be broken, else this ain't a thing to be trusted upon...

That cuts both ways. Say, we have a serious vulnerability found (or something to that tune, maybe less obvious, but no less serious) that would require a major protocol update (i.e. rules to be changed), actually Bitcoin N+1...

Who will claim the apple of Discord?

[West man]

This won't happen since they are too far in it now, development wise, to stop it all the sudden. That could create unforeseen ramifications for the blockchain and that won't be good for anyone involved with bitcoin.
That is certain.

[romero121]

This won't happen since they are too far in it now, development wise, to stop it all the sudden. That could create unforeseen ramifications for the blockchain and that won't be good for anyone involved with bitcoin.
That is certain.

As said it looks to be completely a drawback for the users if halving doesn't take place. Even this might create flaws in the bitcoin technology. Certainly halving won't get cancelled rather than a postpone.

[benmartin613]

This won't happen since they are too far in it now, development wise, to stop it all the sudden. That could create unforeseen ramifications for the blockchain and that won't be good for anyone involved with bitcoin.
That is certain.

As said it looks to be completely a drawback for the users if halving doesn't take place. Even this might create flaws in the bitcoin technology. Certainly halving won't get cancelled rather than a postpone.

The halving wont really be cancelled because there is no reason for it and it is in the program of bitcoin that there will be halving every 4 years.