Happy halving day

[skierchewing]

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.

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[davis196]

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....

[harizen]

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.

[1Referee]

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.

[buy4crypto]

This will be an interesting week!

[Herbert2020]

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.

[harizen]

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.

[Ente]

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

[craked5]

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 =)

[MHopkins]

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.

[CoinBreader]

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*

[Ocatin]

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.

[lumeire]

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!

[Superways]

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.

[Whosdaddy]

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.

[hermanhs09]

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.

[Lucius]

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

[Valzador]

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

what site is this from?

[Cent21]

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

let's see what happen with halving! 

[coinut]

happy halving day bitcoin community !

not long to go now