Bitcoin Forum
November 10, 2024, 12:39:49 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Whats's halving?  (Read 2217 times)
PeRo (OP)
Hero Member
*****
Offline Offline

Activity: 1040
Merit: 538


Defend Bitcoin and its PoW: bitcoincleanup.com


View Profile
May 20, 2016, 01:54:11 PM
 #1

I saw this being disscussed and talked about. But I don't know what halving is.

▄▄▄███████▄▄▄
▄█████████████████▄▄
▄██
█████████▀██▀████████
████████▀
░░░░▀░░██████████
███████████▌░░▄▄▄░░░▀████████
███████
█████░░░███▌░░░█████████
███
████████░░░░░░░░░░▄█████████
█████████▀░░░▄████░░░░█████████
███
████▄▄░░░░▀▀▀░░░░▄████████
█████
███▌▄█░░▄▄▄▄█████████
▀████
██████▄██
██████████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀
.
.BitcoinCleanUp.com.


















































.
.     Debunking Bitcoin's Energy Use     .
███████████████████████████████
███████████████████████████████
███████████████████████████████
███████▀█████████▀▀▀▀█▀████████
███████▌░▀▀████▀░░░░░░░▄███████
███████▀░░░░░░░░░░░░░░▐████████
████████▄░░░░░░░░░░░░░█████████
████████▄░░░░░░░░░░░▄██████████
███████▀▀▀░░░░░░░▄▄████████████
█████████▄▄▄▄▄▄████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████
...#EndTheFUD...
pedrog
Legendary
*
Offline Offline

Activity: 2786
Merit: 1031



View Profile
May 20, 2016, 02:03:20 PM
 #2

Bitcoin mining subsidy will be cut in half.

Check this: https://en.bitcoin.it/wiki/Controlled_supply

DeathProxyX
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


Earn by Forex. Try our services


View Profile
May 20, 2016, 02:05:34 PM
 #3

Halving is the next BTC bubble Cool

◄INVEST IN FOREX  AND EARN 10% DAILY● AVAILABLE A  FULL RANGE OF SERVICE FOR YOUR GAIN ►
Account Manager with loss refund policy, Forex Analisys, Trainig, Tips
Follow link: https://bitcointalk.org/index.php?topic=1334480.0 
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1074


View Profile
May 20, 2016, 02:12:27 PM
 #4

The Bitcoin protocol are programmed to release a specific amount of coins every 10 minutes.. more or less as a reward for miners doing the work and solving the complex mathematical computations.

It started out with 50 bitcoins and then it halved to 25 and now it is going to be halved again. It was done on purpose to simulate something like gold. A commodity that runs out over time.. if it was

not for that... and the capped 21 million coins.. bitcoin would have had little value. { It's about scarcity and supply and demand } Hope I kept it simple enough.  Roll Eyes

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
Marbit
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


View Profile
May 20, 2016, 04:04:14 PM
 #5

Halving is the next BTC bubble Cool


Actually to reduce something by half or divide something into two equal pieces,
Farma
Legendary
*
Offline Offline

Activity: 2716
Merit: 1002


Leading Crypto Sports Betting & Casino Platform


View Profile
May 20, 2016, 05:04:36 PM
 #6

halving, is a great opportunity awaited by bitcoin users to generate enormous income. Well, I guess that would make bitcoin prices rose.  Cool
wait and see it

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Enotche
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
May 20, 2016, 05:15:16 PM
 #7

I will try to explain - to create Bitcoin developers were given the condition that every four years, mining Bitcoins will be reduced by half. This is Halving.
If you do not go into details, but now every time miners find Bitcoin block - they have been rewarded with 25 Bitcoins, and after Halving will receive 12.5 per Bitcoin block found.
In other words, for the same amount of power and the same work performed will be produced exactly half Bitcoins!
When happen Halving Bitcoin? - July 13, 2016.
And what will happen after Halving Bitcoin? Nobody really knows, but of course everyone expects that the price of Bitcoin will grow significantly. For reference - Halving after the last (in 2012) the price of Bitcoin in a very short time has grown from $ 12 to $ 1,000.
hd060053
Hero Member
*****
Offline Offline

Activity: 601
Merit: 503


View Profile
May 20, 2016, 06:18:51 PM
 #8

I will try to explain - to create Bitcoin developers were given the condition that every four years, mining Bitcoins will be reduced by half. This is Halving.
If you do not go into details, but now every time miners find Bitcoin block - they have been rewarded with 25 Bitcoins, and after Halving will receive 12.5 per Bitcoin block found.
In other words, for the same amount of power and the same work performed will be produced exactly half Bitcoins!
When happen Halving Bitcoin? - July 13, 2016.
And what will happen after Halving Bitcoin? Nobody really knows, but of course everyone expects that the price of Bitcoin will grow significantly. For reference - Halving after the last (in 2012) the price of Bitcoin in a very short time has grown from $ 12 to $ 1,000.

main reason for growth: miners have only half the bitcoins to dump in order to cover their costs --> some (western) miners will also have to stop mining and difficulty can go down.
Etemind
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
May 20, 2016, 07:40:02 PM
 #9

The halving will reduce the supply of the new bitcoins, it could increase the price if the demand is the same.

odolvlobo
Legendary
*
Offline Offline

Activity: 4494
Merit: 3403



View Profile
May 20, 2016, 08:38:56 PM
 #10

main reason for growth: miners have only half the bitcoins to dump in order to cover their costs

Supply attributed to mining is very small compared to the total supply. Mining has little effect on the price now.

The halving will reduce the supply of the new bitcoins, it could increase the price if the demand is the same.

While the supply of new bitcoins (generally referred to as "production") is halved, the supply of bitcoins increases every block whether the reward is 25 BTC or 12.5 BTC. The supply never decreases because bitcoins are not consumed.

So, in your scenario, if the demand is the same after the halving, then the price will fall because the supply continues to rise.

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
Etemind
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
May 28, 2016, 11:53:30 AM
 #11

main reason for growth: miners have only half the bitcoins to dump in order to cover their costs

Supply attributed to mining is very small compared to the total supply. Mining has little effect on the price now.

The halving will reduce the supply of the new bitcoins, it could increase the price if the demand is the same.

While the supply of new bitcoins (generally referred to as "production") is halved, the supply of bitcoins increases every block whether the reward is 25 BTC or 12.5 BTC. The supply never decreases because bitcoins are not consumed.

So, in your scenario, if the demand is the same after the halving, then the price will fall because the supply continues to rise.

I see, the total supply of the bitcoin will also rise. If you want the price to rise $1, the whole market cap will rise 15 million.

MWesterweele
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 564



View Profile
June 01, 2016, 08:20:44 AM
 #12

Halving is a event in bitcoin that happens every 4 years.During this event bitcoin blocks are divided into half making bitcoin harder to mine for bitcoin miners out there.But halving for stock holders and normal traders can be profitable,because during halving bitcoin price may rocket up making good profits for traders, but in the other hand bitcoin can be a lost because there is still a chance that bitcoij price may go down.

       ▀█████████████████████
            ▀▀██████
    ▄▄
▀████▄▄  ▀████
  ▄████▄
▀█████▄  ▀███
 ████▀▀
   ▄██████  ▀███
████▀
   ▄████▀████  ████
████  ▄█▄
▀█▀  ████  █████
████▄████▀
   ▄████  ████
 ██████▀
   ▄▄████  ▄███
  ▀█████▄
▀████▀  ▄███
    ▀▀████▄
▀▀  ▄████
            ▄▄██████
       ▄███████████
████████████████████████████████████
.
FUN TOKEN
.
██████████████     ██████████████████████
██████████
 ██████████
  ██████████
   ██████████
    ██████████
     ██████████
      ██████████
     ██████████
    ██████████
   ██████████
  ██████████
 ██████████
██████████
.
FreeBitco.in Adopts FUN Token for
Premium Membership Program
██████████
 ██████████
  ██████████
   ██████████
    ██████████
     ██████████
      ██████████
     ██████████
    ██████████
   ██████████
  ██████████
 ██████████
██████████
.
██████████
 ██████████
  ██████████
   ██████████
    ██████████
     ██████████
      ██████████
     ██████████
    ██████████
   ██████████
  ██████████
 ██████████
██████████

          ▄
      ▀▄  ▀  ▄▀
 ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
█████████████████████
██  ▄▄▀█  ██ █  ██ ██
██  ▄▄▀█  ██ ██▄ ▄███
██  ▀▀▄█▄ ▀▀▄███ ████
█████████████ ▄▄▄ ▀▀█
 ▀▀▀▀▀▀▀▀▀▀▀▀ ▐████▄▄
      ▄▀  ▄    █████▄
          ▀     ▀ ▀███
                    ▀
.
41M Users to Buy and Hold
FUN for Premium Benefits
.
.Learn More.
Mvaporis1961
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
June 04, 2016, 12:48:06 AM
 #13

The bitcoin halving is a phenomenon where the block rewards of the miner will divided by two (2) and it happened every four year. I think it's one of the best choice to sell bitcoin after halving because you can make a lot of money from it, imagine you buy your bitcoin at the price of $450 and after halving the price of the bitcoin will rise upto $1200 just like what happened before (november 2013). So if you sell it at $1200 per piece you profit will be $750, that's a huge amount of profit!
odolvlobo
Legendary
*
Offline Offline

Activity: 4494
Merit: 3403



View Profile
June 04, 2016, 02:41:14 AM
 #14

Halving is a event in bitcoin that happens every 4 years.During this event bitcoin blocks are divided into half making bitcoin harder to mine for bitcoin miners out there.But halving for stock holders and normal traders can be profitable,because during halving bitcoin price may rocket up making good profits for traders, but in the other hand bitcoin can be a lost because there is still a chance that bitcoij price may go down.

No. Bitcoin blocks are not divided in half. The subsidy is divided in half.

No.  Mining does not get harder. In fact, it will probably get easier as miners start turning off equipment and the difficulty drops.

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
Cybertron00
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
June 06, 2016, 08:47:25 AM
 #15

Halving is a once every 4 years event that halfs mining subsidy and the time when bitcoin's price rises drastically and then goes back to normal or drops drastically after halving.  Grin
sempak
Hero Member
*****
Offline Offline

Activity: 1638
Merit: 505



View Profile
June 06, 2016, 08:56:34 AM
 #16

halving is the reduction of mining bitcoin block reward. by halving predicted bitcoin supply will be reduced causing the price of bitcoin ascending in the market.

.
..1xBit.com   Super Six..
▄█████████████▄
████████████▀▀▀
█████████████▄
█████████▌▀████
██████████  ▀██
██████████▌   ▀
████████████▄▄
███████████████
███████████████
███████████████
███████████████
███████████████
▀██████████████
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████       
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████     
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
.
Premier League
LaLiga
Serie A
.
Bundesliga
Ligue 1
Primeira Liga
.
..TAKE PART..
Zilara12
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
June 06, 2016, 09:54:07 AM
 #17

Majority of the people say halving is good for bitcoin price,some disagree. I guess we will have to see in the upcoming months!



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Ayers
Legendary
*
Offline Offline

Activity: 2800
Merit: 1024


Vave.com - Crypto Casino


View Profile
June 06, 2016, 11:58:51 AM
 #18

Halving is a event in bitcoin that happens every 4 years.During this event bitcoin blocks are divided into half making bitcoin harder to mine for bitcoin miners out there.But halving for stock holders and normal traders can be profitable,because during halving bitcoin price may rocket up making good profits for traders, but in the other hand bitcoin can be a lost because there is still a chance that bitcoij price may go down.

No. Bitcoin blocks are not divided in half. The subsidy is divided in half.

No.  Mining does not get harder. In fact, it will probably get easier as miners start turning off equipment and the difficulty drops.


difficult never drop too much, just small correction, price is increase so the halving will not force miner to leave, the diff will likely be higher than today, so i think you're wrong on your second point

Denker
Legendary
*
Offline Offline

Activity: 1442
Merit: 1016


View Profile
June 06, 2016, 12:17:34 PM
 #19

The halving is an event where the block reward gets cut in half every 210.000 blocks and where all Bitcoiners around the world are making huge fireplaces, dancing around it to invoke the ghost of Satoshi Nakamoto!! Wink
kik1977
Hero Member
*****
Offline Offline

Activity: 593
Merit: 505


Wherever I may roam


View Profile
June 06, 2016, 12:34:38 PM
 #20

When happen Halving Bitcoin? - July 13, 2016.

To be precise, the next halving will happen when block 420.000 is mined, which might happen in July, although the precise date depends on the speed of the next blocks. With block 420.000, we will enter the third reward era (12.5), after the 50 and 25 reward eras.

We are like butterflies who flutter for a day and think it is forever
Pages: [1] 2 3 »  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!