Bitcoin Forum
December 13, 2024, 08:41:33 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 »  All
  Print  
Author Topic: BITCOIN HALVING IS COMING!!!  (Read 3887 times)
vinaha (OP)
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
February 24, 2016, 12:15:31 AM
 #1


Does anyone have a good guesstimate as to when the halving will happen - like a close guess of the date?

pawel7777
Legendary
*
Offline Offline

Activity: 2660
Merit: 1646



View Profile WWW
February 24, 2016, 12:28:28 AM
 #2

http://bitcoinclock.com
Reward-Drop ETA: 2016-07-13 06:37:31 UTC
http://www.bitcoinblockhalf.com
Reward-Drop ETA date: 22 Jul 2016 20:21:01

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
 
 Duelbits 
██
██
██
██
██
██
██
██

██

██

██

██

██
TRY OUR UNIQUE GAMES!
    ◥ DICE  ◥ MINES  ◥ PLINKO  ◥ DUEL POKER  ◥ DICE DUELS   
█▀▀











█▄▄
 
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
 
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
 KENONEW 
 
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀█











▄▄█
10,000x
 
MULTIPLIER
██
██
██
██
██
██
██
██

██

██

██

██

██
 
NEARLY
UP TO
50%
REWARDS
██
██
██
██
██
██
██
██

██

██

██

██

██
[/tabl
BlueStackz
Legendary
*
Offline Offline

Activity: 1204
Merit: 1028



View Profile
February 24, 2016, 08:20:56 PM
 #3


Does anyone have a good guesstimate as to when the halving will happen - like a close guess of the date?


Bitcoin halving will take place approximately in mid of July this year. I too often check and follow http://bitcoinblockhalf.com/.
It shows the countdown to the bitcoin haling date along with other useful information.
Amph
Legendary
*
Offline Offline

Activity: 3248
Merit: 1070



View Profile
February 24, 2016, 09:01:17 PM
 #4

bitcoin halving != bitcoin value increase

in the sense that the value will not come on the same date, it could come at the end of this year for all we know
snipie
Legendary
*
Offline Offline

Activity: 3374
Merit: 1141


DGbet.fun - Crypto Sportsbook


View Profile WWW
February 24, 2016, 09:06:18 PM
 #5

bitcoin halving != bitcoin value increase
in the sense that the value will not come on the same date, it could come at the end of this year for all we know

Or the price will increase few days or weeks before the halving, some people will buy as much as they could, finally we may not see <$450/500 again  Wink

vinaha (OP)
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
February 24, 2016, 09:08:06 PM
 #6

I think we need to buy now and hodl - hold until well after the halving, when the price is in the thousands.
venan
Full Member
***
Offline Offline

Activity: 224
Merit: 100

https://dreamtowards.net/?inviter=venan


View Profile
February 24, 2016, 09:11:25 PM
 #7

and what will happened after halving? what it means?  after halving difficulty will increase or decrease?

caixa
Newbie
*
Offline Offline

Activity: 46
Merit: 0


View Profile
February 24, 2016, 09:17:49 PM
 #8

Don't you think it tends do acccelerate? Since the price is going to go UPPPPP?


More people will start mining because of the high price...

no?
LiberOptions
Sr. Member
****
Offline Offline

Activity: 412
Merit: 250


View Profile
February 24, 2016, 09:21:52 PM
 #9

it will happen in the ends of july and biginings of july.
I hope the price goes up to $10000
Smiley
Coaxme
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
February 24, 2016, 09:23:26 PM
 #10

and what will happened after halving? what it means?  after halving difficulty will increase or decrease?
The difficulty will be increase since the blocks is 12.5BTC

spazzdla
Legendary
*
Offline Offline

Activity: 1722
Merit: 1000


View Profile
February 24, 2016, 09:24:49 PM
 #11

and what will happened after halving? what it means?  after halving difficulty will increase or decrease?
The difficulty will be increase since the blocks is 12.5BTC

huh.. no. 
Rotator
Sr. Member
****
Offline Offline

Activity: 308
Merit: 250


View Profile
February 24, 2016, 09:27:23 PM
 #12

Probably we will have chance to double money if invested now.
And more money will come during many speculations and fluctuation,
 that will come during or after halving.
 Prepare yourself for worst (FUD) news in life  (and possible hucks of exchanges) around halving..
vinaha (OP)
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
February 24, 2016, 09:30:53 PM
 #13

and what will happened after halving? what it means?  after halving difficulty will increase or decrease?
The difficulty will be increase since the blocks is 12.5BTC

No. The difficulty will not increase. There will only be 12.5 BTC every 10 minutes, period. No matter what the difficulty is.
I presume the difficulty will decrease because many people will not be able to pay for the electricity mining only half of what they are mining now.
Until the price doubles, then they will turn on their rigs again.
Raimonn
Legendary
*
Offline Offline

Activity: 1470
Merit: 1001


View Profile
February 24, 2016, 09:45:43 PM
 #14

and what will happened after halving? what it means?  after halving difficulty will increase or decrease?

No one knows what will happen on difficulty, we only know that the minning reward will be the half, now is 25 Bitcoins and after halving will be 12.5 Bitcoins. Difficulty could increase if minners increase its hash power (if bitcoin price increase like a lot of users think, miners could be interested on increasing its hash power), but if the price of bitcoin is lower than expected its possibly that miners turn off some of this equipment and difficulty could decrease.
venan
Full Member
***
Offline Offline

Activity: 224
Merit: 100

https://dreamtowards.net/?inviter=venan


View Profile
February 24, 2016, 09:48:05 PM
 #15

and what will happened after halving? what it means?  after halving difficulty will increase or decrease?
The difficulty will be increase since the blocks is 12.5BTC

No. The difficulty will not increase. There will only be 12.5 BTC every 10 minutes, period. No matter what the difficulty is.
I presume the difficulty will decrease because many people will not be able to pay for the electricity mining only half of what they are mining now.
Until the price doubles, then they will turn on their rigs again.

it means after halving the amount of btc from mining will dercrease, yes? e.g: if i have antiminer s7 with 4.7th/s and i am earning    0.01458042 BTC in one hour with today's difficulty, after halving it will decreased?

tn211
Hero Member
*****
Offline Offline

Activity: 778
Merit: 500


View Profile
February 24, 2016, 09:48:46 PM
 #16

No one knows what will happen the only thing that is sure that it will be around July, but we just need to see when it really happens, its also that the halving is a bit unpredictable.
I think its just a matter of time before the halving will happen but when it happens we will sure make profit if you have hold your bitcoins by than.
pawel7777
Legendary
*
Offline Offline

Activity: 2660
Merit: 1646



View Profile WWW
February 24, 2016, 10:52:57 PM
 #17

bitcoin halving != bitcoin value increase

in the sense that the value will not come on the same date, it could come at the end of this year for all we know

I wouldn't be very surprised if we'll actually see a drop in the price on/close to halving day. But, if there are no other significant events, halving should definitely drive the price up in the longer term.

...
I presume the difficulty will decrease because many people will not be able to pay for the electricity mining only half of what they are mining now.
Until the price doubles, then they will turn on their rigs again.

Well, remember that we had BTC in $200 range for quite a long time and it didn't cause any massive reduction in hashing power (slight drop iirc). So anything above $450 should be sufficient.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
 
 Duelbits 
██
██
██
██
██
██
██
██

██

██

██

██

██
TRY OUR UNIQUE GAMES!
    ◥ DICE  ◥ MINES  ◥ PLINKO  ◥ DUEL POKER  ◥ DICE DUELS   
█▀▀











█▄▄
 
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
 
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀
 
███
▀▀▀
███
▀▀▀

███
▀▀▀
███
▀▀▀
███
▀▀▀

███
▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
 KENONEW 
 
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀█











▄▄█
10,000x
 
MULTIPLIER
██
██
██
██
██
██
██
██

██

██

██

██

██
 
NEARLY
UP TO
50%
REWARDS
██
██
██
██
██
██
██
██

██

██

██

██

██
[/tabl
Drewski
Newbie
*
Offline Offline

Activity: 52
Merit: 0


View Profile
February 24, 2016, 11:24:11 PM
 #18

bitcoin halving != bitcoin value increase

in the sense that the value will not come on the same date, it could come at the end of this year for all we know

I wouldn't be very surprised if we'll actually see a drop in the price on/close to halving day. But, if there are no other significant events, halving should definitely drive the price up in the longer term.

...
I presume the difficulty will decrease because many people will not be able to pay for the electricity mining only half of what they are mining now.
Until the price doubles, then they will turn on their rigs again.

Well, remember that we had BTC in $200 range for quite a long time and it didn't cause any massive reduction in hashing power (slight drop iirc). So anything above $450 should be sufficient.

Don't forget to factor in energy costs.  With oil tanking recently, energy prices should be coming down for most people, assuming their electricity provider doesn't just gobble up the profits.
Jet Cash
Legendary
*
Offline Offline

Activity: 2828
Merit: 2472


https://JetCash.com


View Profile WWW
February 25, 2016, 01:16:01 AM
 #19

It's demand that will drive the price. Coins will still be mined, so if demand doesn't increase, then the price will drop. What could hold back demand? Well one factor could be increased confirmation times as miners drop out of the mix, or submit more empty blocks. 10 minutes between blocks is far to long to build public opinion regardless of block sizes. In fact increased block sizes could lead to longer confirmation times if miners don't fill blocks, and transaction sizes increase.

Offgrid campers allow you to enjoy life and preserve your health and wealth.
Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars.
My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
Jet Cash
Legendary
*
Offline Offline

Activity: 2828
Merit: 2472


https://JetCash.com


View Profile WWW
February 25, 2016, 01:28:05 AM
 #20


Don't forget to factor in energy costs.  With oil tanking recently, energy prices should be coming down for most people, assuming their electricity provider doesn't just gobble up the profits.

I understand that electricity in China comes from coal based generators and renewables. There is an interesting article here.

http://energydesk.greenpeace.org/2015/11/11/chinas-coal-bubble-155-new-overcapacity/

Offgrid campers allow you to enjoy life and preserve your health and wealth.
Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars.
My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
Pages: [1] 2 3 4 5 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!