Bitcoin Halving

[mishra1994]

Every body is talking about bitcoin halving these days . But i dont understand what does that mean can any body explain me what is this ? and what will happen to price of bitcoin after that ?

[DebitMe]

Bitcoin halving refers to the point every 210,000 blocks where the reward for finding a bitcoin block is cut in half.  this happens roughly every 4 years.  When bitcoin was first released, a found block would reward the finder with 50 bitcoins, currently it is 25 bitcoins, and in a few weeks it will be 12.5 bitcoins.

As far as what this will do to the price, there are hundreds of people all with varying views on what this means, so you should have plenty of reading material to form your own opinion.

[RosePetal]

you can see the details at there http://www.thehalvening.com/#3

[mishra1994]

Bitcoin halving refers to the point every 210,000 blocks where the reward for finding a bitcoin block is cut in half.  this happens roughly every 4 years.  When bitcoin was first released, a found block would reward the finder with 50 bitcoins, currently it is 25 bitcoins, and in a few weeks it will be 12.5 bitcoins.

As far as what this will do to the price, there are hundreds of people all with varying views on what this means, so you should have plenty of reading material to form your own opinion.

Thanks for this good explanation...

[bittrojan]

Bitcoin halving refers to the point every 210,000 blocks where the reward for finding a bitcoin block is cut in half.  this happens roughly every 4 years.  When bitcoin was first released, a found block would reward the finder with 50 bitcoins, currently it is 25 bitcoins, and in a few weeks it will be 12.5 bitcoins.

As far as what this will do to the price, there are hundreds of people all with varying views on what this means, so you should have plenty of reading material to form your own opinion.

Thanks for this good explanation...

yes that was good explanaton and should clear enough to told you about halving,and i think now you got what you looking for without search on some site. the nterst part of bitcoin halving not just the halvening,but also bitcoin price after that,many people talk about price will up and rise so high because bitcoin supply more less and bitcoin getting hard to get,bu its just their assumption.

[Yakamoto]

Bitcoin halving refers to the point every 210,000 blocks where the reward for finding a bitcoin block is cut in half.  this happens roughly every 4 years.  When bitcoin was first released, a found block would reward the finder with 50 bitcoins, currently it is 25 bitcoins, and in a few weeks it will be 12.5 bitcoins.

As far as what this will do to the price, there are hundreds of people all with varying views on what this means, so you should have plenty of reading material to form your own opinion.

Thanks for this good explanation...

yes that was good explanaton and should clear enough to told you about halving,and i think now you got what you looking for without search on some site. the nterst part of bitcoin halving not just the halvening,but also bitcoin price after that,many people talk about price will up and rise so high because bitcoin supply more less and bitcoin getting hard to get,bu its just their assumption.

You don't have to go very far; on this board there is already a large variety of different speculation schools of thought, from an absolute collapse crowd to a $4000+ crowd, but it does take some looking to find them. A while ago there were some people who were saying that the halving was already priced in (which we see it isn't now) and others were saying we were experiencing a bubble with the $4XX value, and then there were the more "level-headed" responses, but there is still a month to go at this point, so we're just speculating.

[MWesterweele]

What i know from halving is this i dont know if this was right.All i know on halving is the blocks being divided into half making bitcoin harder to mine and less profit on gambling.Before halving bitcoin price may suddenly drop due to massive selling of bitcoins.But after and during halving bitcoins price will surely rise up just like what happened last halving.

[Mvaporis1961]

Bitcoin halving is where the block reward will be 12.5 from 25 and bitcoin halving is happening every 4 years and also its one of the best part of this year because we can earn a lot of money by just holding our shares of bitcoin until bitcoin halving comes on the month of july. So if you don't have bitcoin now, i suggest to collect bitcoin or buy it and hold it until the month of july.

[jerowacik]

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.

[MingLee]

It's been said before, I'll say it now, what happened back when Bitcoin started out was each block gives out 50 BTC, then somewhere like 2012 it was halved to give out 25 Bitcoins per block (which we have had) and it is getting halved to 12.5 Bitcoins in about a month.

This will keep going on for about another 120 years, until effectively 0 Bitcoin is being paid out, and everyone will have to start paying larger transaction fees.

[wintermeasures]

Bitcoin halving refers to the point every 210,000 blocks where the reward for finding a bitcoin block is cut in half.  this happens roughly every 4 years.  When bitcoin was first released, a found block would reward the finder with 50 bitcoins, currently it is 25 bitcoins, and in a few weeks it will be 12.5 bitcoins.

As far as what this will do to the price, there are hundreds of people all with varying views on what this means, so you should have plenty of reading material to form your own opinion.

Thanks I also recently heard the term, because many people talk about it. I don't have any idea about halving, but now from your explanation became more clear about the halving. thank you, have a nive day

[AsaroUk]

The Bitcoin halving can begin any time soon now and people are waiting for it to happen. The halving has attracted allot of people to Bitcoin which is a very good thing. The more users the brighter the future of Bitcoin will be.

[Ulloa]

As we all know we know that the halving of the Bitcoin will come soon and that can be nice of the most people because there people that is using Bitcoin and is waiting for a higher value.
Some people said that the value of the Bitcoin wont even rise and that we have to wait a longer time until the value will be higher so that would be bad, because not everyone has the patience for it.

[Herbert2020]

bitcoin halving is a big event mostly because it is the second time it happens and it will affect the new coins supply massively, and also the last time halving happened the price went to the moon as you can see on the charts today so everybody is excited and are speculating about this event.

[Oralmat]

Every body is talking about bitcoin halving these days . But i dont understand what does that mean can any body explain me what is this ? and what will happen to price of bitcoin after that ?

Halving is a big event for bitcoin, you can check it when it will come
 http://bitcoinblockhalf.com/
Also that when halving is coming so automatically bitcoins price is increasing, thus most of the people doing to save it because they want to save only for that reason because the block halving will give them a double profit, and it is coming after 4 year ago, and that why people waiting it.  
  

[Icathia]

The halving is coming soon and that is going to change some things. It might become harder for nus to earn bitcoins now. Do you guys have any ideas on what the price could be after the halving?

[DebitMe]

Usually I do not like to give my opinion on price movements, so take what I am about to say with a grain of salt...

In my opinion, there is currently enough fiat being pumped into bitcoin daily that we are seeing a pretty stagnant/rising price with 25 bitcoins being added to the total pool every 10 minutes.  Soon that number will drop and we can assume the amount of fiat being pumped in daily will remain the same or increase.  So supply will decrease, and demand will stay the same or increase, which can only do 1 thing to the price.

[Kprawn]

bitcoin halving is a big event mostly because it is the second time it happens and it will affect the new coins supply massively, and also the last time halving happened the price went to the moon as you can see on the charts today so everybody is excited and are speculating about this event.

I beg to differ... The price did go up after the last Halving, but it was not contributed to the event, but rather Willybot doing it's thing. It was only later realized and then the price came crashing down again. I

think this Halving will give us a better idea, of how this event influences the price. Adoption and the distribution of the coins are much wider than it used to be, so we might see some sparks fly, IF no other

external thing happens to taint the result. 

[bitlancr]

Bitcoin halving is where the block reward will be 12.5 from 25 and bitcoin halving is happening every 4 years and also its one of the best part of this year because we can earn a lot of money by just holding our shares of bitcoin until bitcoin halving comes on the month of july. So if you don't have bitcoin now, i suggest to collect bitcoin or buy it and hold it until the month of july.

You are explained it very good if you ask me, you are hitting the hammer on the right spot.
I think buying is now one of the best things you can do..

[allthingsluxury]

Another pivotal time in Bitcoin History, I remember the last one well.