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Author Topic: What about Halving???  (Read 5148 times)
btcltccoins
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March 19, 2016, 09:21:43 AM
 #81

I think halving is gonna profitable for us as everyone is predicting and expecting higher price the only thing we can do is just wait and watch.

I also think that price will rise a lot during halving, but i wonder at what peak will it reach ?
Many of us are expecting that price will reach above 1000$. If this happens, it will be great for the holders
of coins.
1Referee
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March 19, 2016, 09:37:10 AM
 #82

I think halving is gonna profitable for us as everyone is predicting and expecting higher price the only thing we can do is just wait and watch.

I also think that price will rise a lot during halving, but i wonder at what peak will it reach ?
Many of us are expecting that price will reach above 1000$. If this happens, it will be great for the holders
of coins.

Even if we do reach $1000, then it still won't be maintained. I think keeping the price at $1000 will be the biggest challenge for the Bitcoin price so far as there are plenty of people ready to sell at that price.
richmcrich
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March 19, 2016, 10:12:40 AM
 #83

For bitcoin price I think the halving would be great, It would make the new supply of coins less and therefore should make the coins much more valuable than they are now, I don't know about miners response to it though.
honeyhtet
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March 19, 2016, 11:52:41 AM
 #84

I love the halving too, I think for bitcoin users such as ourselves it should be a great move and a jump for Bitcoin price IMO.
Rotator
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March 19, 2016, 01:29:28 PM
 #85

People expecting miracles from this halving or they trying to influence on price rise.
But this is not first and not last halving, and we will see this situation many times again.
I'm not sure if this model is good for adoption.
CasioK
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March 19, 2016, 02:07:26 PM
 #86

I like it too, The price will most likely improve and the supply will be dropped by half making older bitcoins more valuable IMO, even if the price is not improved it will be interesting to see it Smiley .
Yes everyone including me are much impatient for the coming of halving, everyone is well prepared for that and are waiting to see their wealth double up like a magic, which were once happening in the stories.

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bestluck
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March 19, 2016, 02:37:50 PM
 #87

Actually i love Halving, and i m still waiting for it , anyone is here to like Halving???

Yes I also love it as it will increase our money and will not disappoint anyone and I am waiting for it to happen but I have not hold my bitcoins for it and waiting, I have some bitcoin in my wallet and if I needed them I will definitely use them.
fuathan
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March 19, 2016, 02:49:41 PM
 #88

Still waiting... I believe that it will be in 4-5 months... Checking for prices!..  Cool
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March 19, 2016, 03:24:15 PM
 #89

through mining every day at this moment 3600 btc is mined, that will change to 1800 after halving day.

through the exchanges every day about 180.000 btc is exchanged.

so the halving day will probably do nothing for the prices.

only the miners will suffer.
if halve of the miners go away the difficulty of the netwerk will adjust itself to a lower difficulty so that still every 10 minutes a block is found.

so the halving day will do nothing with the way bitcoin works
actmyname
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March 19, 2016, 03:35:11 PM
 #90

as long it'll make bitcoin price's rise, i can sure all people who hold bitcoin will be happy but for the miners, i feel so sorry, their profit will going to be cutted half until some price rising,they need atleast a double price of bitcoin
Their profit will not be cut in half. Their gross earnings will. Their profit could well go into the negatives if their mining is just slightly profitable at this current stage. That's why many miners would simply stop once the halving comes. It would be inefficient to mine unless you had some huge mine or a next-level ASIC.

Obviously, they would shy away if the difficulty is still as high as it is now, but if it lessens to the point where there's still profit, some miners will stay. The overall number of miners will decrease, however.

DeDordtenaar
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March 19, 2016, 03:46:53 PM
 #91

I think halving is gonna profitable for us as everyone is predicting and expecting higher price the only thing we can do is just wait and watch.

I also think that price will rise a lot during halving, but i wonder at what peak will it reach ?
Many of us are expecting that price will reach above 1000$. If this happens, it will be great for the holders
of coins.
this will be bad effect for bitcoin price after all holder sell all their coins ?
we will see it ! hope may not like what I think


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CryptoGore
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March 19, 2016, 04:48:10 PM
 #92

Just do not forget that last halving has been followed by a drop in price...speculation and manipulation matters Wink

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hkla241
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March 19, 2016, 05:17:08 PM
 #93

Just do not forget that last halving has been followed by a drop in price...speculation and manipulation matters Wink

One of the reasons why we are in this is because Bitcoin cannot be printed at will like paper money. The halving is going to make us feel what that is like.
coinplus
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March 19, 2016, 06:48:46 PM
 #94

Bitcoin halving Day is a day where the supply of Bitcoin created by the system is reduced to 50%. Bitcoin halving Day first took place in November 2012 in which the system was initially create 50 Bitcoin every 10 minutes, dropping to 25 Bitcoin / 10 min. Bitcoin halving Day occurs every 4 years, and halving Day celebrations next will occur in mid-July, 2016.



Thanks for clearing that up I thought the price was halving and every one doubled their holdings.
In the mid of July With that, the annual increase in the bitcoin money supply will drop from 9.17% to 4.09%, so it is called halving, and it will have a positive effect on bitcoin, more of the views are that, the price will increase.
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March 20, 2016, 04:49:13 AM
 #95

I like it too but relatively nervous about it, it would be a big technical problem if mining becomes a non-profitable investment for miners and would lead to even slower confirmations...
No, mining will then be not slow, but the miners have got a habbit of some earnings and in oreder to maintain that amount they will increase their mining. So will strive to continue with that amount which they are earning now.
SanaButt
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March 20, 2016, 02:26:23 PM
 #96

For bitcoin price I think the halving would be great, It would make the new supply of coins less and therefore should make the coins much more valuable than they are now, I don't know about miners response to it though.

Halving is very good for bitcoins users and those who have bitcoins stored in their account and we are all waiting for halving.

But  not sure, if miners also like it in a same way.

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March 20, 2016, 02:28:09 PM
 #97

Actually i love Halving, and i m still waiting for it , anyone is here to like Halving???

Yes I also love it as it will increase our money and will not disappoint anyone and I am waiting for it to happen but I have not hold my bitcoins for it and waiting, I have some bitcoin in my wallet and if I needed them I will definitely use them.

Yes at halving the price will be very high for bitcoin. I would recommend you not to spend your coins before that, as there is a lot of chance to get lots of profit at halving which is just a few months away.

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soulcity
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March 20, 2016, 02:36:17 PM
 #98

The halving is baked into the price already.   Sell the news.
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March 20, 2016, 02:49:17 PM
 #99

mining requires more computing power and electricity... for every block of transactions found the protocol rewards the miners with 25 bitcoins.. this will  be cut in half from 25 to 12.5.. this is halving and will occur at block 420,000 and is expected to happen in the middle of 2016.... last it was occured when block 210,000 was solved on november 28, 2012....
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March 20, 2016, 03:24:18 PM
 #100

Im brand new to bitcoin, so i do not know  a lot about the halving, and what benefits it has, or negative affects. But i have heard a lot about it, so I'm excited to see what happens.

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