BTC halving

[Barcode_]

Bitcoin will be much harder to get once it gets close to 21 millions due to halving.

[btcltccoins]

Can someone explain the concept of Bitcoin halving? I've found this timer http://www.bitcoinblockhalf.com/ so what does it acctualy mean besides the halved rewards for the block? Will it affect the price of bitcoin in some way?

Basically deflation, the block reward will be halved from 25 BTC to 12.5 BTC per block. Some argue that the price of BTC will rise, some think it's not necessarily going to cause a price rise.

Last time when halving was done, the price rose to 1000$.
What you think was the reason then for price increase?

I still hopefull, the same thing will happen this time on halving.

[Crypt1x]

"Bitcoin block reward halving" is the process of coin rewards riduction during the existence of Bitcoin.

As you may know bitcoins are "produced" by miners which "solve and find" blocks. When a block is found (or "mined") the miners of the network who helped finding the blocks with computational power are rewarded with Bitcoins.

At start bitcoin's block reward was 50 BTC x block, but ever X blocks it halves (i.e. it get less and less) by the exact half of the previous block reward.
 In example nowadays we just passed the first halving from 50 BTC to 25 BTC per block, infact the actual BTC block reward is 25 BTC x block.

For more informations you can read this: https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term

Hope this helps.

_Crypt1x_

[Monnt]

The bitcoin ecosystem is too unstable to hold up a price double after the halving. If it does, I'm out. All of my 21 BTC will be withdrawn. There will be a drop. It's understandable for bitcoin to go up to $600 max, but $800 is to high for the community to keep up.

"Bitcoin block reward halving" is the process of coin rewards riduction during the existence of Bitcoin.

As you may know bitcoins are "produced" by miners which "solve and find" blocks. When a block is found (or "mined") the miners of the network who helped finding the blocks with computational power are rewarded with Bitcoins.

At start bitcoin's block reward was 50 BTC x block, but ever X blocks it halves (i.e. it get less and less) by the exact half of the previous block reward.
 In example nowadays we just passed the first halving from 50 BTC to 25 BTC per block, infact the actual BTC block reward is 25 BTC x block.

For more informations you can read this: https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term

Hope this helps.

_Crypt1x_

We did not just experience the halving. We are just about to experience the next

[notlist3d]

The bitcoin ecosystem is too unstable to hold up a price double after the halving. If it does, I'm out. All of my 21 BTC will be withdrawn. There will be a drop. It's understandable for bitcoin to go up to $600 max, but $800 is to high for the community to keep up.

Speculation this far away from having is just to hard.  Likely investing if it happens will happen before and not one huge jump.   We know having is happening so it's not going to sneak up on miners/btc holders.

But as far as price it is way to hard know what it will be.  There are just to many variables to accurately predict having price currently, or I think so at least.

[arbitrage]

Price rising due to fact everyone believe in this must happen.
This creating more demand for bitcoins, and again price rising.
I believe whales will bring us some surprises. I hope i will be on the train with them.

If we talk for a real what is real price for bitcoin now?

[CryptoGore]

Price rising due to fact everyone believe in this must happen.
This creating more demand for bitcoins, and again price rising.
I believe whales will bring us some surprises. I hope i will be on the train with them.

If we talk for a real what is real price for bitcoin now?

Real price is what is determined by the market requests...so it means the price it actually has...

IMHO it's still undervalued and i think that in near future (who knows if months,years or decades) it will stand for sure above 1000 dollars US.

[arbitrage]

How we defining price today?
By cost of electricity or by the actual price at free market, where is manipulated whole the time.
Can we actually set an agreement how much btc can worth? For example 1k$ and this is it.
Can we see some stability after halving?

[btcltccoins]

if you want to play with halving, you should awareness bitcoin's price, when it will be up and down. it will depend on your lose and profit.

[rio3233]

I heard BTC halving can make the price of bitcoin increase. Well i don't know what is BTC halving, but if it's true, i hope btc halving can surely make the price of bitcoins going high.

[cazkooo]

I heard BTC halving can make the price of bitcoin increase. Well i don't know what is BTC halving, but if it's true, i hope btc halving can surely make the price of bitcoins going high.

The last halving made the price increase however it is unsure if it is related to the halving or it could be just a coincidence that a pump happened few weeks after the halving so there is no 100 % theory that shows the price will increase after the halving. After all this is just an expectation based on what previously happened

[Dagwanoenyent]

Where can i find info about all future block halving and when they gonna occur?
And how many coins block should contain at thet time.

[RealBitcoin]

Can someone explain the concept of Bitcoin halving? I've found this timer http://www.bitcoinblockhalf.com/ so what does it acctualy mean besides the halved rewards for the block? Will it affect the price of bitcoin in some way?

Personally, I think the price can reach at least +50%, ideally it would be +100%, however that wont be immediate.

Merchants and investors have to get used to it, so it might take longer for price doubling.

[achow101]

Where can i find info about all future block halving and when they gonna occur?
And how many coins block should contain at thet time.

The block reward halving happens every 210000 blocks. You can see more at https://en.bitcoin.it/wiki/Controlled_supply

[notlist3d]

Can someone explain the concept of Bitcoin halving? I've found this timer http://www.bitcoinblockhalf.com/ so what does it acctualy mean besides the halved rewards for the block? Will it affect the price of bitcoin in some way?

Personally, I think the price can reach at least +50%, ideally it would be +100%, however that wont be immediate.

Merchants and investors have to get used to it, so it might take longer for price doubling.

I agree on not being immediate.  If anything we should see signs before having. With it being known investors know LONG before it is going to happen.  How much though... that is hard to say.

Just impossible to have good speculation that far away.  No one really can give a accurate anwser it's a guess at this point.

[crairezx20]

I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

[n0ne]

I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.

[lenoli]

I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.

so, it means if number of miners will be the same, we will get almost half of btc, we are getting now. its true?

[Pursuer]

I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.

so, it means if number of miners will be the same, we will get almost half of btc, we are getting now. its true?

the miners are people with devices who are mining bitcoin, so halving does not have any effect on that. if they decide to stop or add more devices to their farm the number changer.

what is changing is the "newly generated bitcoins" which is the reward those people get for mining one block successfully. that reward is 25BTC right now but it is going to become 1/2 (half) of what it is. so after the halving those guys are being rewarded 12.5BTC for their work.

[lenoli]

I think BTC halving meaning the block reward will be half. the 25 btc  rewards from a 1 block will half so the reward will be 12.5
Is just my understanding. That's why the price will increase after halving.. Less supply more value will increase..

Halving represents the reduction in generation of bitcoins. This happens every four years with certain limitations. Every time halving occurs there will be a increased demand with decreased generation which causes the price fly high.

so, it means if number of miners will be the same, we will get almost half of btc, we are getting now. its true?

the miners are people with devices who are mining bitcoin, so halving does not have any effect on that. if they decide to stop or add more devices to their farm the number changer.

what is changing is the "newly generated bitcoins" which is the reward those people get for mining one block successfully. that reward is 25BTC right now but it is going to become 1/2 (half) of what it is. so after the halving those guys are being rewarded 12.5BTC for their work.

and how many minutes does one antminer s7 needed to mine one block today's?