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Author Topic: Is bitcoin halving is real?  (Read 10586 times)
Mayuyu48
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July 08, 2016, 06:30:50 AM
 #201

I will buy 1btc now.
Bitcoin halving is real, let me explain what halving really means.
Bitcoins need to be mined, like gold. Mining is done in regard to blocks, when one block is mined (mining is basically providing processing power for transactions) the miner gets a reward of x btc.
After a certain number of blocks being mined, the reward per block is halved hence the amount of btc mined per block is halved, and hence the supply.

That's the dynamics, hope it clears things up

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July 08, 2016, 06:43:45 AM
 #202

I will buy 1btc now.
Bitcoin halving is real, let me explain what halving really means.
Bitcoins need to be mined, like gold. Mining is done in regard to blocks, when one block is mined (mining is basically providing processing power for transactions) the miner gets a reward of x btc.
After a certain number of blocks being mined, the reward per block is halved hence the amount of btc mined per block is halved, and hence the supply.

That's the dynamics, hope it clears things up

Thank you very much for giving details about what is halving , and this halving is real as most of them are waiting for price increase in halving like what happen in last time but no one check that that halving dont got so many users what we have today so price increase for halving has happened before halving itself and now when all are getting panic of rates going down in my view after halving the price will come down to 10 - 20 % and then we can see the price rise.
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July 09, 2016, 08:31:28 AM
 #203

I will buy 1btc now.
Bitcoin halving is real, let me explain what halving really means.
Bitcoins need to be mined, like gold. Mining is done in regard to blocks, when one block is mined (mining is basically providing processing power for transactions) the miner gets a reward of x btc.
After a certain number of blocks being mined, the reward per block is halved hence the amount of btc mined per block is halved, and hence the supply.

That's the dynamics, hope it clears things up

Thank you very much for giving details about what is halving , and this halving is real as most of them are waiting for price increase in halving like what happen in last time but no one check that that halving dont got so many users what we have today so price increase for halving has happened before halving itself and now when all are getting panic of rates going down in my view after halving the price will come down to 10 - 20 % and then we can see the price rise.
With that percentage of bitcoins fallback I can say that it is just normal as in any given regular day it could happen, I expect a rise more than fall back and we are near to witness that to happen.

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July 09, 2016, 08:54:57 AM
 #204

I will buy 1btc now.

Yes halving is real. But buying 1 btc because of halving will not do you good. If you want to buy bitcoin your reason must be to earn more when the price goes up. Remember the halving is not causing the price inflation rather it is in the supply and demand principle. But if you want to earn bitcoin today then you must do so since bitcoins price will no longer down it will continue to go up or end up at stable price. that for the first time, we have a currency that is decentralised, doesn't require trust in third parties, easy to set up, transparent, cheap to transact, fast, and non-repudiable.

We are like butterflies who flutter for a day and think it is forever
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July 09, 2016, 02:27:25 PM
 #205

I will buy 1btc now.
Bitcoin halving is real, let me explain what halving really means.
Bitcoins need to be mined, like gold. Mining is done in regard to blocks, when one block is mined (mining is basically providing processing power for transactions) the miner gets a reward of x btc.
After a certain number of blocks being mined, the reward per block is halved hence the amount of btc mined per block is halved, and hence the supply.

That's the dynamics, hope it clears things up

Thank you very much for giving details about what is halving , and this halving is real as most of them are waiting for price increase in halving like what happen in last time but no one check that that halving dont got so many users what we have today so price increase for halving has happened before halving itself and now when all are getting panic of rates going down in my view after halving the price will come down to 10 - 20 % and then we can see the price rise.
The halving’s impact on price has been felt since September of last year when price was hovering in the $200s. Now it has reached around $650 and we can still see a good increase in price after halving.
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July 09, 2016, 03:04:17 PM
 #206

I will buy 1btc now.
Bitcoin halving is real, let me explain what halving really means.
Bitcoins need to be mined, like gold. Mining is done in regard to blocks, when one block is mined (mining is basically providing processing power for transactions) the miner gets a reward of x btc.
After a certain number of blocks being mined, the reward per block is halved hence the amount of btc mined per block is halved, and hence the supply.

That's the dynamics, hope it clears things up

Thank you very much for giving details about what is halving , and this halving is real as most of them are waiting for price increase in halving like what happen in last time but no one check that that halving dont got so many users what we have today so price increase for halving has happened before halving itself and now when all are getting panic of rates going down in my view after halving the price will come down to 10 - 20 % and then we can see the price rise.
The halving’s impact on price has been felt since September of last year when price was hovering in the $200s. Now it has reached around $650 and we can still see a good increase in price after halving.
We will go more this year and believe me it will happen, $700, 800$, then $1,000 would be the trend, if it will not happen by the end of halving at least we can see that before the year ends.

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July 09, 2016, 04:58:51 PM
 #207

OMG!!1!
It was real!

 Roll Eyes
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July 09, 2016, 07:00:19 PM
Last edit: July 09, 2016, 07:16:17 PM by 2dogs
 #208

As expected, the halving created a sudden drop in price, but is slowly recovering.

Looking at the past 24 hrs, the halving had an immaterial effect on the price.

As of now, the price is $642.
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July 09, 2016, 07:09:58 PM
 #209

Its was already defined.
As cryptography start and collaborate with blockchain it gets value of currency (Digital Currency) in 2009.
Satoshi nakamoto already define all program of mining.
As on every 210000 block mining price of block reward reduce by 50% as 2008 to 20012 price of block reward was 50 BTC now in 2nd phase 2012 to 2016 reward for black is 25 BTC.
And now 2012 to 2016 price of block reward will be 12.5 BTC.

But it will not affect on price as already it climbs up. And in future as per consideration of demand and supply of Bitcoin price will be more higher.
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July 09, 2016, 07:25:16 PM
 #210

well did you buy your 1 btc, i hope you bought because you have now made some money..... Grin
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July 09, 2016, 08:21:18 PM
 #211

Yes, and was priced in months ago
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July 09, 2016, 09:36:13 PM
 #212

Its was already defined.
As cryptography start and collaborate with blockchain it gets value of currency (Digital Currency) in 2009.
Satoshi nakamoto already define all program of mining.
As on every 210000 block mining price of block reward reduce by 50% as 2008 to 20012 price of block reward was 50 BTC now in 2nd phase 2012 to 2016 reward for black is 25 BTC.
And now 2012 to 2016 price of block reward will be 12.5 BTC.

But it will not affect on price as already it climbs up. And in future as per consideration of demand and supply of Bitcoin price will be more higher.
Just be patient for a little bit, i still see the price would increase in this year at least after block reward reduced because halving, would be hard now to get bitcoin with mining.
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July 09, 2016, 09:38:24 PM
 #213

Its was already defined.
As cryptography start and collaborate with blockchain it gets value of currency (Digital Currency) in 2009.
Satoshi nakamoto already define all program of mining.
As on every 210000 block mining price of block reward reduce by 50% as 2008 to 20012 price of block reward was 50 BTC now in 2nd phase 2012 to 2016 reward for black is 25 BTC.
And now 2012 to 2016 price of block reward will be 12.5 BTC.

But it will not affect on price as already it climbs up. And in future as per consideration of demand and supply of Bitcoin price will be more higher.
Just be patient for a little bit, i still see the price would increase in this year at least after block reward reduced because halving, would be hard now to get bitcoin with mining.
Yeah the effect is not instant it takes more weeks or months before we can see the huge pump of the price..
our supply is already reduced and the price should be rise soon..

Solving blocks can't be solved without my rigs.
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July 09, 2016, 09:49:30 PM
 #214

The halving is real but I still doubt about the fact if it will be good a lot of people said it was good but I right now have my doubts.

I hope they will be right because that means I can make some nice amount profit with my bitcoins of course.
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July 09, 2016, 09:51:27 PM
 #215

It halved about 3 hours ago!
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July 09, 2016, 10:49:27 PM
 #216

Block halving is done and its truly real because the reward per block is already been half by 12.5.
So expect for price increase soon just be patience and don't panic to sell if someone are making a thread about bitcoin that can destruct people to sell their bitcoin..

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July 10, 2016, 12:44:15 AM
 #217

Block halving is done and its truly real because the reward per block is already been half by 12.5.
So expect for price increase soon just be patience and don't panic to sell if someone are making a thread about bitcoin that can destruct people to sell their bitcoin..

I also think its a matter of time before we will see a price increase for the halving because it has a very good worth and its gonna rise to a higher amount without any doubts.
Its just that we need some patient to do this in my eyes.
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July 10, 2016, 01:00:56 AM
 #218

I will buy 1btc now.


I understand that bitcoin halving is real, but not as expected by many people. bitcoin halving will greatly affect the price of bitcoin. Halving yesterday in my opinion does not significantly affect the price of bitcoin today. Thank you
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July 10, 2016, 01:52:43 AM
 #219

I will buy 1btc now.


I understand that bitcoin halving is real, but not as expected by many people. bitcoin halving will greatly affect the price of bitcoin. Halving yesterday in my opinion does not significantly affect the price of bitcoin today. Thank you
It's because you will not feel that instantly, we need time to feel that and it could happen within this year, if you have put your bitcoin as investment then you need to hold for more period of time.

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July 10, 2016, 03:08:27 AM
 #220

I will buy 1btc now.


I understand that bitcoin halving is real, but not as expected by many people. bitcoin halving will greatly affect the price of bitcoin. Halving yesterday in my opinion does not significantly affect the price of bitcoin today. Thank you
It's because you will not feel that instantly, we need time to feel that and it could happen within this year, if you have put your bitcoin as investment then you need to hold for more period of time.

Anyway it a little strange that the price remains at the same levels, we will see what happens in subsequent days.
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