What really happens on halving?

[langedwig]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

[BigBoom3599]

The halving is the moment when the block reward for mining a block halves (from 25 to 12.5 this time) there isn't a fixed day for the halving, but there is a fixed block time (420 000). After the reward has halved miners will earn less, so most people predict the price will go up because miners won't sell for a loss.

[squatz1]

I'd say it really only affects the miners and such and won't cause any issues with the normal bitcoin user.

[traderbit]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

It is not guaranteed that you will get profit immediately at the halving day because nobody knows what will happen exactly. Mostly who will be affected are the miners because their earnings will be cut in half.

[2double0]

People don't profit from halving, they profit from the pump that happens during this event.
And now about halving, halving means the rewards that the miners are getting for mining bitcoins will get halved, currently they get 25 bitcoins, after halving takes place, the amount of btc that they will get will be 12.5.

[iv4n]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

Do you hear yourself? And you are full member? Whom to approach?

Well as I see this year you will profit just in case you have some coins in your possession, keep them in safe place and everything will be ok for you, don`t sell coins when you see troll`s creating threads about huge drop in price. If you are brave enough you can buy more, and wait for some nice increase. In that way you can also profit after halving.

[greBit]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

It is not guaranteed that you will get profit immediately at the halving day because nobody knows what will happen exactly. Mostly who will be affected are the miners because their earnings will be cut in half.

yes and we cannot predict that everything will go fine at the time of halving, its full of surprises, it may go higher or lower, best option is to sell coins when we see higher price instead of holding it too long.

[Adriandmen]

What I was taught was that the inflation of the bitcoins will also decrease.

I don't exactly know what the impact is of that though...

[mrcash02]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

It is not guaranteed that you will get profit immediately at the halving day because nobody knows what will happen exactly. Mostly who will be affected are the miners because their earnings will be cut in half.

yes and we cannot predict that everything will go fine at the time of halving, its full of surprises, it may go higher or lower, best option is to sell coins when we see higher price instead of holding it too long.

I think it's good to hold BTCs for a long time. No problem if its price decreases now, because in the future it will increase again (it happens many times). Bitcoin is the most trustworthy of all Cryptocurrencies and many expertises say that it will be the main coin for much time yet.

[BigBoom3599]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

It is not guaranteed that you will get profit immediately at the halving day because nobody knows what will happen exactly. Mostly who will be affected are the miners because their earnings will be cut in half.

yes and we cannot predict that everything will go fine at the time of halving, its full of surprises, it may go higher or lower, best option is to sell coins when we see higher price instead of holding it too long.

I think it's good to hold BTCs for a long time. No problem if its price decreases now, because in the future it will increase again (it happens many times). Bitcoin is the most trustworthy of all Cryptocurrencies and many expertises say that it will be the main coin for much time yet.

I agree with you that it is the current main cryptocurrency, however I think that can change extremely rapidly. If core doesn't implement a proper scaling solution soon bitcoin will start losing market share to altcoins. Core has been working on segwit for a long time now and they're saying that it won't be ready untill 2017, thats a looong time in the cryptoworld.

[Sled]

Could you explain what really happens on halving. How one gets profit on this day.

Halving is a event that happening every 4 year and causing for the block mining rewards to be half from 25 to 12.5 and it also result for increasing mining difficulty so the miners will spend more time to mine bitcoin.
Users gets profit on that even by buying bitcoins on a lower price and keep holding it and waiting for the price to rise just what expecting on halving. But i think that the expensive price that will happen on halving (july) will not last for a long time because many users will sell their coins also. So it will result for the price to be low again.

[electronicash]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

You should have learned as you've already ranked as Full member this time.
you can't just be here and keep asking what you should have learned over the weeks of staying in the forum.

Halving comes from the word Half. during this halving, miners will only get half of what they usually get.
as of now they quantity they get is 25 after halving it will only be 12.5 btc.

[romero121]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

You should have learned as you've already ranked as Full member this time.
you can't just be here and keep asking what you should have learned over the weeks of staying in the forum.

Halving comes from the word Half. during this halving, miners will only get half of what they usually get.
as of now they quantity they get is 25 after halving it will only be 12.5 btc.

Well described, but the same only one halving has got over. During the past halving users experienced a very big profit, because of this now too users expecting big rise on halving.

[safari88]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

halving making the number of blocks for miners reward is reduced, so after that if demand increases, will make the price also increased, so that you can benefit from it

[vero]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

halving will give a big profit, not me who says it but everyone believes it if halving can influence the price increases.

[crairezx20]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

Well for me i think we dont see the fast result of the price o bitcoin after block halving.. we will see that bitcoin will be half by two it means from 25 btc to 12.5 btc our supply is reduce by half.. so  the price should be increase. .but the effect of the price of bitcoin will not happen..

[chaosknight]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

halving will give a big profit, not me who says it but everyone believes it if halving can influence the price increases.

It may or may not be as no one is sure what will halving will offer us, as its just an speculation of people that price will go higher at halving, nothing is guaranteed.

[Sled]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

halving will give a big profit, not me who says it but everyone believes it if halving can influence the price increases.

It may or may not be as no one is sure what will halving will offer us, as its just an speculation of people that price will go higher at halving, nothing is guaranteed.

Yeah we can't be sure on how the price will be after halving but IMO the price of bitcoin after halving will be high for a short time and it will back to low again because if the price will reach at least $1k it will cause for a panic selling for the users because it is good chance to secure our profits.

[mark coins]

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

halving will give a big profit, not me who says it but everyone believes it if halving can influence the price increases.

It may or may not be as no one is sure what will halving will offer us, as its just an speculation of people that price will go higher at halving, nothing is guaranteed.

Yeah we can't be sure on how the price will be after halving but IMO the price of bitcoin after halving will be high for a short time and it will back to low again because if the price will reach at least $1k it will cause for a panic selling for the users because it is good chance to secure our profits.

Yeah and if it touches the price of $1k then majority of people will prefer to sell their coins and grab the profits, I am also holding my coins to sell at that price.

[JITENDERPAR]

On Halving the Reward For Solving a Block is Half and the Price of bitcoins are increased Due to Insufficient supply of bitcoins....