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Author Topic: Halving is a profitable???  (Read 46725 times)
RastoMan
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July 22, 2016, 09:47:08 AM
 #1101

I think it is still profitable but not the way it was before the halving.  Since the block reward is lesser, it means lesser revenue to split within the pool who happen to find a block.  This is the case to a pool that is mining only bitcoin but there are lots of multipool that mines different altcoin so probably they are not affected.

Bitcoin halving only make impact on bitcoin mining. but this will also recover soon as price of bitcoin is on the way to rise. so if price reach to $1000 so, in that case mining of bitcoins will be profitable.

Even price of cryptocurrency mainly impacts on mining profitability.

The electricity cost of the mining is about $250 for big farms. If you include the other cost, it will be around $400.
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July 26, 2016, 11:00:55 AM
 #1102

I think it is still profitable but not the way it was before the halving.  Since the block reward is lesser, it means lesser revenue to split within the pool who happen to find a block.  This is the case to a pool that is mining only bitcoin but there are lots of multipool that mines different altcoin so probably they are not affected.

Bitcoin halving only make impact on bitcoin mining. but this will also recover soon as price of bitcoin is on the way to rise. so if price reach to $1000 so, in that case mining of bitcoins will be profitable.

Even price of cryptocurrency mainly impacts on mining profitability.

The electricity cost of the mining is about $250 for big farms. If you include the other cost, it will be around $400.

I think the bitcoin price will not drop below $500. More and more people are using the bitcoin at the moment.
croutonhexagon
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September 19, 2016, 05:56:29 AM
 #1103

For trader who knows about halving will but bitcoin before the event and after halving he week sell those bitcoin at higher rate this  he makes a profit just by holding for few month. Bit those who don't know about hanging event will definitely suffer lot of loss.
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September 19, 2016, 07:01:47 AM
 #1104

I think we should not expect more for a high price after halving? halving, expired several months ago. and I thought nothing would happen or no effect whatsoever on bitcoin

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September 19, 2016, 07:07:18 AM
 #1105

I think we should not expect more for a high price after halving? halving, expired several months ago. and I thought nothing would happen or no effect whatsoever on bitcoin
Well several months after halving you have been right about it. It did not have any affect on the price of bitcoin, Because it just affected the block rewarded in mining not the quantity of Bitcoin. The prices until now ate volatile and I am waiting for it to hit the 700$ mark again.
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September 19, 2016, 07:33:13 AM
 #1106

from what i see only profitable for people who hold at first because price goes up before halving that maybe caused by people who don't have any bitcoin not want to miss halving event so panic buy is happen
Alauria
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September 19, 2016, 07:36:56 AM
 #1107

If you think that the halving can be profitable i think you need to learn allot more from the bitcoin than you already now right now as you can see the price wont change anythings after it but the miners wil feel it!
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September 19, 2016, 07:43:13 AM
 #1108

i think bitcoin halving is really profitable because before halving the rate is in $200-$300 and after halving the rate is increase in at least $500-$700 so many people have stock in bitcoin will be more richest than before and until now, even if the rate of bitcoin is reduce from after halving, still many people will get profit by selling bitcoin.

but for mining, i think it will not profitable if we only have small hashrate, it need big hashrate because the difficulty is really increase and we can not get maximal profit in a day.
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September 19, 2016, 08:21:03 AM
 #1109

If you think that the halving can be profitable i think you need to learn allot more from the bitcoin than you already now right now as you can see the price wont change anythings after it but the miners wil feel it!

Based on last halving, it seems not  really profitable after it. Before the halving period as we anticipate it, prices are keep on rising. They said its about speculation, about Chinese buying more BTC's etc.

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September 21, 2016, 05:45:49 PM
 #1110

If you think that the halving can be profitable i think you need to learn allot more from the bitcoin than you already now right now as you can see the price wont change anythings after it but the miners wil feel it!

Based on last halving, it seems not  really profitable after it. Before the halving period as we anticipate it, prices are keep on rising. They said its about speculation, about Chinese buying more BTC's etc.

The Chinese are the largest seller of the bitcoin at present. that is mainly from the Chinese miners as they have bills to pay.
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September 21, 2016, 06:31:40 PM
 #1111

If you think that the halving can be profitable i think you need to learn allot more from the bitcoin than you already now right now as you can see the price wont change anythings after it but the miners wil feel it!

Based on last halving, it seems not  really profitable after it. Before the halving period as we anticipate it, prices are keep on rising. They said its about speculation, about Chinese buying more BTC's etc.

What matters most is the present rate. You know $600 is just a dream price since it's hard to achieve. Good thing speculations about halving rose up that's even at little percentage it took the price on what it is now.

It even breaches $700 so it's a good start.
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September 21, 2016, 06:47:03 PM
 #1112

I think it was profitable to anyone investing in bitcoin because although there weren't any huge jumps at the halving time but the pattern of movement of the price from few months ago to now was rising and a large portion of that rise was due to the halving, since people knew when exactly the halving would occur.
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September 26, 2016, 05:20:03 PM
 #1113

Do you think that in this year halving is a profitable???

Apparently yes, this year is profitable halving. Because the price value of bitcoin was increase higher, not yet in double from the original price but its okays lots of bitcoiner already gain their profits.. Then we are hoping that before ends of this year price of btc will increase thrice.. So that more profits to gain.
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September 26, 2016, 05:22:18 PM
 #1114

Halving doesn't shows any effect this year but i don't think it will not have any effect on bitcoin in future. As slowly miners will find it not profitable to sell mined coins so cheap with high cost of electricity and smaller reward. Making price to pump slowly.
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September 26, 2016, 09:40:29 PM
 #1115

I think it is still profitable but not the way it was before the halving.  Since the block reward is lesser, it means lesser revenue to split within the pool who happen to find a block.  This is the case to a pool that is mining only bitcoin but there are lots of multipool that mines different altcoin so probably they are not affected.
halving is definitely profitable if you buy a long time ago, i think then you can make some good money

 
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leowonderful
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September 26, 2016, 09:53:17 PM
 #1116

We've been over enthusiastic about the halving and it's not turned out to be as huge of an increase as many people expected; that said, we've gotten some pretty good gains from the 400 we were stagnating at just a few months ago. There is still profit to be found if only you look hard enough; I made quite a bit of profit buying at 400, and I've been rebuying every time there's been at drop in price and I've made quite a lot from it. The price is slowly but surely increasing, and the 12.5 reward is going to be a factor; it's happening before your eyes. It's just slow.
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September 26, 2016, 10:21:48 PM
 #1117

I think it is still profitable but not the way it was before the halving.  Since the block reward is lesser, it means lesser revenue to split within the pool who happen to find a block.  This is the case to a pool that is mining only bitcoin but there are lots of multipool that mines different altcoin so probably they are not affected.

Bitcoin halving only make impact on bitcoin mining. but this will also recover soon as price of bitcoin is on the way to rise. so if price reach to $1000 so, in that case mining of bitcoins will be profitable.

Even price of cryptocurrency mainly impacts on mining profitability.
Halving might have effect small miners but it doesn't much effect big mining farms as they already have mined lots of bitcoin in last 4 years before halving
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September 26, 2016, 11:00:32 PM
 #1118

I think it is still profitable but not the way it was before the halving.  Since the block reward is lesser, it means lesser revenue to split within the pool who happen to find a block.  This is the case to a pool that is mining only bitcoin but there are lots of multipool that mines different altcoin so probably they are not affected.
yeah, halving means that it is harder to get bitcoins right now so it definitely is profitable for holders

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September 27, 2016, 12:29:26 AM
 #1119

Several people do expect bitcoin halving to make the price reach and hit 700-800 dollars, since the begining i had warned the most that the price jumped from 250 to 400 dollars without nothing happen besides the aproaching of the halving, anyway those whou bought bitcoin at 400-500 dollars were able to make some profit, all halvings as i know will allow anyone to make easy money.
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September 27, 2016, 06:25:45 AM
 #1120

I think it is still profitable but not the way it was before the halving.  Since the block reward is lesser, it means lesser revenue to split within the pool who happen to find a block.  This is the case to a pool that is mining only bitcoin but there are lots of multipool that mines different altcoin so probably they are not affected.
yeah, halving means that it is harder to get bitcoins right now so it definitely is profitable for holders
But in fact holders just get a little profit and it's just more than enough profit. if seeing the board of exchange i can say more time is never get a profit from hold bitcoin.

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