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Author Topic: Happy halving day  (Read 28704 times)
Liquid
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November 28, 2012, 02:50:50 PM
 #161

Its the 29th here in Australia right now  Wink

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November 28, 2012, 02:52:05 PM
 #162

I am more excited about this than is warranted.   Smiley

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November 28, 2012, 02:52:24 PM
 #163

I'm sure this moment is historic. Look mom, I'm in the economy 2.0!!!!

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November 28, 2012, 02:52:44 PM
 #164

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.

I know this because Tyler knows this.
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November 28, 2012, 02:52:59 PM
 #165

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".
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November 28, 2012, 02:53:31 PM
 #166

Its the 29th here in Australia right now  Wink

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

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November 28, 2012, 02:54:30 PM
 #167

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. Smiley

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

I know this because Tyler knows this.
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November 28, 2012, 02:55:08 PM
 #168

To grandchildren: Back in my day you got 50btc per block.

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November 28, 2012, 02:55:14 PM
 #169

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.

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November 28, 2012, 02:56:05 PM
 #170

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... Tongue  My heineken is getting Cold ...aaa takes 2 celebrite the incomhalving in a moment ..drink dronk drinken  Cry

Put your money were your mouth is…       #coinderdotcom
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November 28, 2012, 02:56:49 PM
 #171

To grandchildren: Back in my day you got 50btc per block.

And people where selling at 12$ and under  Roll Eyes

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November 28, 2012, 02:57:09 PM
 #172

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... Tongue  My heineken is getting Cold ...aaa takes 2 celebrite the incomhalving in a moment ..drink dronk drinken  Cry

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.
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November 28, 2012, 02:57:38 PM
 #173

The code is very simple, highly unlikely to be buggy. Smiley

// 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!
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November 28, 2012, 02:58:20 PM
 #174

To grandchildren: Back in my day you got 50btc per block.

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

25Khs at 5W Litecoin USB dongle (FPGA), 45kHs overclocked
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Litecoin FPGA shop -> http://ltcgear.com
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November 28, 2012, 02:58:44 PM
 #175

Can we even realize the true dimension of this historic event?  Shocked

I doubt it!

 Grin

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November 28, 2012, 02:58:59 PM
 #176

To grandchildren: Back in my day you got 50btc per block.

And people where selling at 12$ and under  Roll Eyes

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

What's "refresh" grandpa?

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November 28, 2012, 02:59:33 PM
 #177

I'm way too excited.
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The revolution will be monetized!


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November 28, 2012, 02:59:40 PM
 #178

To grandchildren: Back in my day you got 50btc per block.
Grandchildren: Grandpa, is it true you own a whole bitcoin!  Shocked

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

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November 28, 2012, 03:00:00 PM
 #179

We're mining the last 50BTC block now.
Time to get your goodies in if you want to be in the last 50BTC block.

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November 28, 2012, 03:00:07 PM
 #180


2 or is it 1?


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