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Author Topic: Halving is a profitable???  (Read 46725 times)
newbtcminer
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June 05, 2016, 09:14:25 PM
 #641

There's a pretty good chance that the price of Bitcoin will increase purely because everyone expects it to. I'm a little worried that most of the increase in value has already been factored into the price already because people have had months to prepare.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 05, 2016, 09:18:54 PM
 #642

halving is a process for reducing block bitcoin reward. reward will be reduced by half. and I'm sure the decreasing stock supply bitcoin, bitcoin prices will lead to further advances. save bitcoin is currently very favorable for halving will happen soon.
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June 06, 2016, 04:59:44 AM
 #643

Yes, bitcoin halving is one of the easiest way to earn money because all you need to do is to hold your bitcoin or buy some more and then sell it after the bitcoin halving comes so you can double your money easily.
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June 06, 2016, 05:03:09 AM
 #644

halving is a process for reducing block bitcoin reward. reward will be reduced by half. and I'm sure the decreasing stock supply bitcoin, bitcoin prices will lead to further advances. save bitcoin is currently very favorable for halving will happen soon.

Actually, halving is indeed one way to the process of reducing the block bitcoin. And every halving occurred certainly price bitcoin displaces a fairly profitable and when we have prepared some of the bitcoin to welcome halving then we would get something very profitable. Save some of the Bitcoin for halving will come soon
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June 06, 2016, 05:11:51 AM
 #645

yes i think in the investor, but in the miners i dont thinks so if it is profitable.
some news the distribution in miners will be cut to 50% thats why.
we are hoping that the halving will be profitable.
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June 06, 2016, 05:22:23 AM
 #646

Every one is getting a profit in incomming bitcoin halving. you must save up you coin and wait for the bitcoin halving. We all here are just waiting the halving to get our profit from it.
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June 06, 2016, 05:24:53 AM
 #647

yes i think in the investor, but in the miners i dont thinks so if it is profitable.
some news the distribution in miners will be cut to 50% thats why.
we are hoping that the halving will be profitable.

I think that is why it is called "halving" from the root word half. We dont even know what could happen. My opinion is due to low mined coins then there will be traffic in buyers for many would buy but there is not much to be given, so it might be a price increase.

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June 06, 2016, 06:51:23 AM
 #648

I found one article about Halving:

"There are concerns that in the two weeks before the July 11, due to the miners outages changeover delay acknowledgment may increase. This will lead to an increase in commissions and lower prices for Bitcoin, which makes it even more disadvantageous working miners, forcing them to turn off their power . "

The problem that this creates for the miners, is that if they are now record a profit by borrowing and selling of coins, with the intention to repay the debt after Halving, if they can not produce enough coins after Halving, they will have to buy bitcoins on the open market - Of course, if only they have resources. This is the same as selling crops on the futures market, and then get into the storm that would destroy half of your fields. Technically, the only way that such a scenario can not be realized because this is the case if the value of Bitcoins will double in time Halving awards for the block.
Since bitcoin trading marginally (which means that only some of all of the issued coins involved in the bidding), liquidity is much lower, so the reduction of extreme change a reward for the block considerably more will affect the price, than one would expect. This will cause a short squeeze.
Some argue that the market already has taken into account all advance, but in fact it is not quite true. The reason is that the vibrations hash Raith during the period Halving will happen very quickly, which promises significant volatility for miners and traders."(c)

Who thinks about this?
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June 06, 2016, 08:55:31 AM
 #649

Everyone is hoping that the halving will be profitable and there are many people that is waiting for a price increase because the value of the Bitcoin was a long time stable.
So they cant do anything in that time so that have to change and you can even see now that the value of the Bitcoin is rising slowly.
RastoMan
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June 07, 2016, 07:19:34 AM
 #650

Everyone is hoping that the halving will be profitable and there are many people that is waiting for a price increase because the value of the Bitcoin was a long time stable.
So they cant do anything in that time so that have to change and you can even see now that the value of the Bitcoin is rising slowly.

The halving is profitable. The  halving effect might be already there. That could be reason the price from from $200 last year.
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June 07, 2016, 07:46:00 AM
 #651

The halving will be only profitable when you are making some profit and the value of Bitcoin will be not be that high in the halving and that is because it was stable for a long time.
But of course it is nice if we can earn profit in a fast time but that is not the case now.
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June 07, 2016, 08:05:07 AM
 #652

Yes off course is halving profitable but not for the miners because that means that their computer needs to search allot more time for the same amount of coins like a year ago so it only takes double time that is not good.
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June 07, 2016, 08:29:06 AM
 #653

halving is not quiet profitable for people who used to mine and that is because you need to see it as a block witch you want to mine. If there come a halving that means that the miner need to search allot longer for blocks to mine and that takes double time to get any coin as before.
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June 07, 2016, 08:33:55 AM
 #654

There is no doubt for this,the real question is how much?there are people who believe that the price will reach insane amounts like $5000 or even more,personally i disagree with them but i hope they are right ofc  Grin
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June 07, 2016, 09:18:45 AM
 #655

Everyone is hoping that the halving will be profitable and there are many people that is waiting for a price increase because the value of the Bitcoin was a long time stable.
So they cant do anything in that time so that have to change and you can even see now that the value of the Bitcoin is rising slowly.

The halving is profitable. The  halving effect might be already there. That could be reason the price from from $200 last year.
I think we've not been in a stable state dude ? you see some of this time bitcoin prices always increase? so this is before the effect of halving happen? of course there are other effects due to the number of blocks have not been in less of?
so it's not a problem if a lot of people waiting for a high price at the time halving?


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June 07, 2016, 09:23:19 AM
 #656

I don't think such a centain event will make it profitable.

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June 07, 2016, 09:31:52 AM
 #657

I don't think such a centain event will make it profitable.

Why not? Halving is certain, however it also means that we can be certain about when it is going to happen, as well as how it's going to effect bitcoin. It's going to cut miner's profits, which reduces the supply of coins.

I think it is going to be profitable for all who choose to hoard their coins until now. Smart move IMO.
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June 07, 2016, 09:51:08 AM
 #658

if the current price increases becuase halving. I have made enough profit. but I'll wait for it continues to increase. because halving really has not happened this time
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June 07, 2016, 10:09:09 AM
 #659

Yes off course is halving profitable but not for the miners because that means that their computer needs to search allot more time for the same amount of coins like a year ago so it only takes double time that is not good.
You don't have to worry about miners since the large mining farms can easily make profit at current prices with blocks just containing 12.5 BTC.

If the price stays at current price then 12.5 BTC x $585 =$7312.5 per block.

The largest pools generate around 40 blocks per day, which means 40 x 12.5 = 500 BTC x $585 = $292,500 each day!

$292,500 x 7 = $2,047,500 per week! $2,047,500 x 4 = $8,190,000 per month!!

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June 07, 2016, 10:14:48 AM
Last edit: June 07, 2016, 10:47:51 AM by Labumi
 #660

Yes off course is halving profitable but not for the miners because that means that their computer needs to search allot more time for the same amount of coins like a year ago so it only takes double time that is not good.
You don't have to worry about miners since the large mining farms can easily make profit at current prices with blocks just containing 12.5 BTC.

If the price stays at current price then 12.5 BTC x $585 =$7312.5 per block.

The largest pools generate around 40 blocks per day, which means 40 x 12.5 = 500 BTC x $585 = $292,500 each day!

$292,500 x 7 = $2,047,500 per week! $2,047,500 x 4 = $8,190,000 per month!!

This is a pretty good step, since the presence of this information then they are only able to comment without seeing the immediate survival was struck and could finally give beita is good and it can positively impact on Bitcoin. With information like this then the miners who still doubt the more sure
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