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Author Topic: What is halving. Is it really profitable ?  (Read 1970 times)
BitcoinHodler
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June 11, 2016, 11:17:31 AM
 #41

About when should this halfing occur?

I know it is almost impossible to tell when it will happen but some say it will be in June, others say July.
What is the commonly accepted range of days that it will likely half?

http://bitcoinclock.com/

there are many of those, what is the most accurate, some tell that the halving is x time away other x+3 weeks away, not sure what i should follow

since bitcoin blocks are being mined on random time, which is equal to approximately one block per ten minutes so it is impossible to know the exact time of the halving (the block that reward is halved) that is why they have difference in their times because it is just a guesstimate.
but i think it should become more apparent as we are getting closer to the actual block.

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Nimbulan
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June 11, 2016, 07:00:55 PM
 #42

Hi All,

I want to know about what is halving and is it really profitable whoever holding BTC. Also on what basis or calculation this is been happening

By every year or Any specific day ?

I have heard from my friends that the value of BTC will increase by every halving. Please clarify here.

Thanks!!

well i think that first you should know what halving actually is, so halving in July will halve block reward for bitcoins miners, so they will get 50% less profit than they did now

so price should rise 2 times, so if you want profit from halving then you should buy bitcoins now when they are cheap and then you should sell them after halving, after price rise

 
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Bestwishes745
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June 11, 2016, 08:52:42 PM
 #43

In halving you will see the supply of bitcoin lower because of the miners reward lower down and a number of smaller miners will stop mining and the demand in that time will be increased, so the price will be increased to a higher value.
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