What is halving. Is it really profitable ?

[pooya87]

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!!

halving is an event that will happen after a fixed number of blocks are mined and the reward of the new blocks will be half of what it was before (50 > 25 > 12.5 > ...) and all the rest about it being profitable and the how the price will move, ... are only speculation and you can believe it or not.

[Ooiyyy]

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?

[zimmah]

The supply of new bitcoins will be halved from that day forward, it has happened only 1 time before in bitcoin, but it will happen every 4 years.

Since less supply means that the supply-demand curve will be affected, if we assume equal amounts of demand, the price should go up because there's less supply.

so yes, it's expected to be profitable.

[DonMarco]

There will be a small problem:

Block reward will be smaller and if price dont go up much small  miners will tern of themselfs as they will not get inafe btc in value to pay for electricity + profit. Can be that only big farmers will stay on network which means that people who want to buy btc will pay more cuz big miners dont need to dump BTC they will sell higher and higer all the time.

This is my 3 cents

[iqlimasyadiqa]

The supply of new bitcoins will be halved from that day forward, it has happened only 1 time before in bitcoin, but it will happen every 4 years.

Since less supply means that the supply-demand curve will be affected, if we assume equal amounts of demand, the price should go up because there's less supply.

so yes, it's expected to be profitable.

hopefully everything is in accordance with the prediction.
bitcoin will increase due to the reduced supply bitcoin. there is some momentum which can reduce the price of bitcoin. namely, when many traders who sell bitcoin in large numbers simultaneously.

[Farma]

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!!

halving is an event that will happen after a fixed number of blocks are mined and the reward of the new blocks will be half of what it was before (50 > 25 > 12.5 > ...) and all the rest about it being profitable and the how the price will move, ... are only speculation and you can believe it or not.

I guess halving will actually be profitable. maybe it would be profitable for those who hold their bitcoin. because I felt the price of bitcoin will rise very quickly when halving happen, and this is a golden opportunity for the largest bitcoin owners to sell their bitcoin, but I guess it would make bitcoin prices decreased or remained stable

[Bitcoinbro]

Yes I think the halving will be profitable these days because its just so big and all the real speculators are saying this.
We just need to believe into the bitcoin.

[Miladran]

It could be profitable for sure if the BTC demand/popularity increase or even remains the same.
Buy and hold as much as you can before the halving. 

[Siyas]

Halving = reducing the amount of bitcoin rewards per block by half every 210000 blocks. Theoretically, lower available supply and higher demands mean crazy prices. It could only be profitable if you bought way below the price of bitcoin in the exact time of halving, nothing more.

Hi ,

It might have been answered somewhere for which i am now aware of , could you please explain me what is a block...?  i see many experts here in this forum, talk much on blocks.... How this is analyzed and termed here? Thank you dude...

[ImHash]

I guess satoshi will profit most from halving and price going up the dude has at least 1 million bitcoins sitting in his addresses eating dust.

Block is a total numbers of transactions putting in order to the block chain to match all the blocks came before and will match  to all blocks
That will come.

[Siyas]

It could be profitable for sure if the BTC demand/popularity increase or even remains the same.
Buy and hold as much as you can before the halving. 

Hi dude,

Is it possible that before a newbie joins a campaign, can i buy BTC with my current money and keep on my wallet? Can i first of all open and a have a wallet before i join a campaign? Whom should i approach for BTC giving out my money to them?

[Miladran]

Hi dude,

Is it possible that before a newbie joins a campaign, can i buy BTC with my current money and keep on my wallet? Can i first of all open and a have a wallet before i join a campaign? Whom should i approach for BTC giving out my money to them?

Yes you can create a wallet on coinbase.com and buy and hold Bitcoins there.
Also you can buy on localbitcoins.com

[Siyas]

Hi dude,

Is it possible that before a newbie joins a campaign, can i buy BTC with my current money and keep on my wallet? Can i first of all open and a have a wallet before i join a campaign? Whom should i approach for BTC giving out my money to them?

Yes you can create a wallet on coinbase.com and buy and hold Bitcoins there.
Also you can buy on localbitcoins.com

Thank you dude. Will get a help from my friend on this and work out. Would like to start experiencing BTC. Cheers dude...

[Whosdaddy]

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 halving is block reward gets cut in half after a certain amount of the total supply has been mined.
That means a block reward is 25 BTC and you will get 12.5 BTC at the halving time.

Halving happened approximately 4 years after. The last time block reward was halved on 28th november 2012.
The price at the day of halving was about $12 but six month back to that the price was $5.

No one know what will happen at halving time. I think have to hold BTC and lets see what will happen.

[fearlesscat10]

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 halving is block reward gets cut in half after a certain amount of the total supply has been mined.
That means a block reward is 25 BTC and you will get 12.5 BTC at the halving time.

Halving happened approximately 4 years after. The last time block reward was halved on 28th november 2012.
The price at the day of halving was about $12 but six month back to that the price was $5.

No one know what will happen at halving time. I think have to hold BTC and lets see what will happen.

Oh how I wish I knew about bitcoin back then. I only found out about it in 2014. Those two years really made a difference. Now I'm hoping for something similar to that this year.

[BTCLovingDude]

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 halving is block reward gets cut in half after a certain amount of the total supply has been mined.
That means a block reward is 25 BTC and you will get 12.5 BTC at the halving time.

Halving happened approximately 4 years after. The last time block reward was halved on 28th november 2012.
The price at the day of halving was about $12 but six month back to that the price was $5.

No one know what will happen at halving time. I think have to hold BTC and lets see what will happen.

Oh how I wish I knew about bitcoin back then. I only found out about it in 2014. Those two years really made a difference. Now I'm hoping for something similar to that this year.

i used to wish that too, i wished i could buy bitcoin back then or at least claim faucets which paid 5BTC on each claim back then and stored them away.

but i no longer thing that way because i have already doubled my investment in bitcoin and i am satisfied with where it is headed so far.

[1Referee]

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 halving is block reward gets cut in half after a certain amount of the total supply has been mined.
That means a block reward is 25 BTC and you will get 12.5 BTC at the halving time.

Halving happened approximately 4 years after. The last time block reward was halved on 28th november 2012.
The price at the day of halving was about $12 but six month back to that the price was $5.

No one know what will happen at halving time. I think have to hold BTC and lets see what will happen.

Oh how I wish I knew about bitcoin back then. I only found out about it in 2014. Those two years really made a difference. Now I'm hoping for something similar to that this year.

Right now we are still somewhat of an early adopter at these prices. Just look back at 2015 where the price went below $200 which no one could ever imagine after reaching an ATH of +$1200. There were enough chances to enter the market at very low prices.

[Odalv]

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/

[fearlesscat10]

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/

Wow, I didn't know this thing existed. Thanks man!

[Ayers]

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