MoneyChanger
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Activity: 107
Merit: 10
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March 03, 2016, 09:55:29 PM |
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What we will get with block size of 2mb? Blockchain 100 gigabytes?
Who will run nodes anyway?
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Amph
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Activity: 3206
Merit: 1069
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March 04, 2016, 07:32:09 AM |
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What we will get with block size of 2mb? Blockchain 100 gigabytes?
Who will run nodes anyway?
blockchain growing is not a problem you can use prune and cut almost all the giga, there is not even need to use svp client anymore core is everythign you need, minus those offline feature |
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n0ne
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March 06, 2016, 03:45:09 AM |
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Bitcoin halving is very near. As halving comes closer the price of Bitcoin will decrease continuously and it goes high after halving.
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BTCBinary
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March 06, 2016, 11:57:18 PM |
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The halving will reduce the mining reward to half the coins in a block. So Miners will start receiving 12.5BTC instead of the current 25 bitcoin block reward.
It will affect the price somehow because it will affect directly the quantity of bitcoin supply
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Fasunathan
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Activity: 238
Merit: 10
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March 07, 2016, 08:20:39 AM |
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Bitcoin halving is very near. As halving comes closer the price of Bitcoin will decrease continuously and it goes high after halving.
It is still about 4 months away. So the price is in the lower $400 ranges. When it is near the halving date, the price will rise. |
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cazkooo
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Activity: 1540
Merit: 1013
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March 07, 2016, 12:57:38 PM |
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It is still about 4 months away. So the price is in the lower $400 ranges. When it is near the halving date, the price will rise.
Time surely goes faster than what you are expecting, 4 months is not a huge amount of time. The current price doesnt indicate that it will be higher when the halving comes as we are almost 100 % higher than the price from the last 6 months and definitely this rise in the price is because of the halving so there wont be any huge difference when halving truly comes |
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ObscureBean
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Activity: 1148
Merit: 1000
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March 08, 2016, 08:51:03 AM |
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Bitcoin halving is very near. As halving comes closer the price of Bitcoin will decrease continuously and it goes high after halving.
It is still about 4 months away. So the price is in the lower $400 ranges. When it is near the halving date, the price will rise. That's not necessarily true. People, especially Bitcoin newbies with hopes of making a quick profit from the halving should be careful not to invest more than they can afford to lose. If it were a sure thing, everyone would be selling their houses and buying Bitcoin and tripling their money just like that. Everything about the halving is pure speculation, the price may or may not rise. |
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CryingMidget
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March 08, 2016, 03:17:28 PM |
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The halving will reduce the mining reward to half the coins in a block. So Miners will start receiving 12.5BTC instead of the current 25 bitcoin block reward.
It will affect the price somehow because it will affect directly the quantity of bitcoin supply
Yeah I would agree with that and price will get increase accordingly to supply and demand of bitcoins. halving will make big change in Bitcoin adoption and value. |
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n0ne
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March 08, 2016, 05:00:19 PM |
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Bitcoin halving is very near. As halving comes closer the price of Bitcoin will decrease continuously and it goes high after halving.
It is still about 4 months away. So the price is in the lower $400 ranges. When it is near the halving date, the price will rise. I don't think the price will grow when it gets closer to halving. I think bitcoin will experience a sudden increase on halving. |
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Kevin77
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Activity: 1652
Merit: 1057
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March 09, 2016, 08:14:44 AM |
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The halving will reduce the mining reward to half the coins in a block. So Miners will start receiving 12.5BTC instead of the current 25 bitcoin block reward.
It will affect the price somehow because it will affect directly the quantity of bitcoin supply
Yeah I would agree with that and price will get increase accordingly to supply and demand of bitcoins. halving will make big change in Bitcoin adoption and value. I hope it does increase the bitcoin price and the demand remains stable or increases which can help the price move upward. It may take a longer time to confirm transactions if the miner's reward decreases and we can already see the effect now. Hope it doesn't cause many users moving away from bitcoins. |
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zodiac3011
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March 09, 2016, 02:59:26 PM |
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the fact that the bitcoin halving is coming soon has been mentioned many and many times in both economics and beginners and help sections. the concept for the halving is quite simple but effective to push the bitcoin price up. If the demand stays constant and the supply suddenly drops despite being foreseen, this will push the price up and keep bitcoin alive or at least that's what we all speculate
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Biscutard
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April 03, 2016, 07:55:11 PM |
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the fact that the bitcoin halving is coming soon has been mentioned many and many times in both economics and beginners and help sections. the concept for the halving is quite simple but effective to push the bitcoin price up. If the demand stays constant and the supply suddenly drops despite being foreseen, this will push the price up and keep bitcoin alive or at least that's what we all speculate
Yes. The bitcoin price is determined eventually by the supply and demand. If the supply halves, but the demand does not increase, the price will still not rise. |
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gkv9
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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April 03, 2016, 10:22:40 PM |
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the fact that the bitcoin halving is coming soon has been mentioned many and many times in both economics and beginners and help sections. the concept for the halving is quite simple but effective to push the bitcoin price up. If the demand stays constant and the supply suddenly drops despite being foreseen, this will push the price up and keep bitcoin alive or at least that's what we all speculate
The concept is simple, rewards are going to get halved... But not necessarily will this push the price up, as it could even have negative effects, people could leave BTC as they might not find it comfortable to either mine or trade at such high/low prices whatever we will witness... |
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romero121
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Activity: 3178
Merit: 1213
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April 04, 2016, 03:25:19 AM |
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the fact that the bitcoin halving is coming soon has been mentioned many and many times in both economics and beginners and help sections. the concept for the halving is quite simple but effective to push the bitcoin price up. If the demand stays constant and the supply suddenly drops despite being foreseen, this will push the price up and keep bitcoin alive or at least that's what we all speculate
The concept is simple, rewards are going to get halved... But not necessarily will this push the price up, as it could even have negative effects, people could leave BTC as they might not find it comfortable to either mine or trade at such high/low prices whatever we will witness... Absolutely nothing can be in accurate with bitcoin technology. Only when block halving is experienced we would know about the pricing factor. Surely bitcoin price won't make users feel uncomfortable in trading or mining because already in the past it has felt very low price and a huge on the past halving. |
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