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Author Topic: The Final countdown [10 Days before the halving]  (Read 5576 times)
fravia
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July 03, 2016, 09:45:00 PM
 #141

Hopefully, this rocket is going to reach the moon : http://www.thehalvening.com/#1  Roll Eyes

I will continue to change the title each 24 hours (decrease one day) , who is excited like I am !

If you are as excited as you are nervous, then sure, im with you!
im both to be honest im excited and im nervous because in my opinion anything might happen with the bitcoin price, because of that im a little bit afraid that the price is going to go down

a few days left only right now and i think that the price is going to increase pretty soon but the problem is that no one actually knows what will happen, because of that i might lose money
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Crazygreek
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July 03, 2016, 10:54:41 PM
 #142

I hope that price will start increasing after halving cause i am depending on bitcoins price now, i want to buy one important thing for me,  but with current price it's impossible.

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July 03, 2016, 10:59:17 PM
 #143

I think its really an historic markpoint in the history of bitcoin,if the price doesn't rise during the halving,bitcoin will remain a niche currency.
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July 03, 2016, 11:07:56 PM
 #144

I think its really an historic markpoint in the history of bitcoin,if the price doesn't rise during the halving,bitcoin will remain a niche currency.

it cannot be otherwise.

BTC is an e-currency and it's and it will remain a niche for black market, ponzies mainly.
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July 03, 2016, 11:13:03 PM
 #145

I think its really an historic markpoint in the history of bitcoin,if the price doesn't rise during the halving,bitcoin will remain a niche currency.
of course it is a really historical moment in my opinion, we will definitely see something new in bitcoins and that will be really cool because i have never seen something like that

only 5 days are left right now till this huge event, if this will make me some profit out of the bitcoins i already have i would definitely then sell some of my bitcoins most probably
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July 03, 2016, 11:19:39 PM
 #146

I think its really an historic markpoint in the history of bitcoin,if the price doesn't rise during the halving,bitcoin will remain a niche currency.
of course it is a really historical moment in my opinion, we will definitely see something new in bitcoins and that will be really cool because i have never seen something like that

only 5 days are left right now till this huge event, if this will make me some profit out of the bitcoins i already have i would definitely then sell some of my bitcoins most probably

You seem very excited! if the price remains at these levels the event could not be so huge as you think,
but if the opposite happens then yes you had reason to be excited.
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July 03, 2016, 11:23:34 PM
 #147

I think its really an historic markpoint in the history of bitcoin,if the price doesn't rise during the halving,bitcoin will remain a niche currency.
of course it is a really historical moment in my opinion, we will definitely see something new in bitcoins and that will be really cool because i have never seen something like that

only 5 days are left right now till this huge event, if this will make me some profit out of the bitcoins i already have i would definitely then sell some of my bitcoins most probably

You seem very excited! if the price remains at these levels the event could not be so huge as you think,
but if the opposite happens then yes you had reason to be excited.

most of the BTC users are not interested about price. BTC is just a tool and once they get any BTC, they withdrawn to cash instantly  Smiley
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July 03, 2016, 11:25:04 PM
 #148

I am just wondering if you guys have any plans on where to put your bitcoins when the Halvening is 1 day away. You will sell your bitcoins? Put the value of your bitcoins on altcoins instead? More than half of the bitcoin mining is located in China, what will happen there will cause a chain reaction. How much of their miners will stop since they will mine already at a loss after the halving. What will happen to the speed of the bitcoin transactions? Will it be causing a very slow transactions and what will be the effect of this on the trading on exchanges.Will people start putting the value of their bitcoins to ETH and Litecoin instead?

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July 03, 2016, 11:27:56 PM
 #149

I am just wondering if you guys have any plans on where to put your bitcoins when the Halvening is 1 day away. You will sell your bitcoins? Put the value of your bitcoins on altcoins instead? More than half of the bitcoin mining is located in China, what will happen there will cause a chain reaction. How much of their miners will stop since they will mine already at a loss after the halving. What will happen to the speed of the bitcoin transactions? Will it be causing a very slow transactions and what will be the effect of this on the trading on exchanges.Will people start putting the value of their bitcoins to ETH and Litecoin instead?

95% from miners are from China. Part of them  have stolen electricity and other part has it very cheap. they will be on profit anyway. Smiley
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July 03, 2016, 11:44:50 PM
 #150

I am just wondering if you guys have any plans on where to put your bitcoins when the Halvening is 1 day away. You will sell your bitcoins? Put the value of your bitcoins on altcoins instead? More than half of the bitcoin mining is located in China, what will happen there will cause a chain reaction. How much of their miners will stop since they will mine already at a loss after the halving. What will happen to the speed of the bitcoin transactions? Will it be causing a very slow transactions and what will be the effect of this on the trading on exchanges.Will people start putting the value of their bitcoins to ETH and Litecoin instead?

95% from miners are from China. Part of them  have stolen electricity and other part has it very cheap. they will be on profit anyway. Smiley

I doubt that is even 95%, maybe around 75-80%. Most of them build farms on locations where electricity is very cheap.You should also take account on the model of hardware miners they mostly have on mining bitcoin, once they reached that halving they are already mining at a lost.

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July 04, 2016, 04:00:05 AM
 #151

What will happen to the speed of the bitcoin transactions? Will it be causing a very slow transactions and what will be the effect of this on the trading on exchanges. Will people start putting the value of their bitcoins to ETH and Litecoin instead?

There are not slow transactions, there are low transaction fees.  Smiley

Moreover, trading on exchanges has nothing to do with blockchain of bitcoin (speed of transaction). Only, withdraw from exchange does.
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July 04, 2016, 04:10:02 AM
 #152

This is not a good time now for Steam user, because the Steam Summer Sale ends on July 5th but the halvening is not started yet. We want to buy games by spending our Bitcoin, but it's not a good time to spend our Bitcoin now.
What an irony Cry
If i were you, I would just go ahead and spend my btc on the steam sale. Because i dont think the price is going to change too drastically near the halfing. we will prolly see a rise in the price couple of months after the halfing takes place imo.
right,it'll need a time to give affect to bitcoin prices atleast people buying it will become as a trend,the price will not going to rising that instant,it need a process would've spend the bitcoin for steam summer sale rather than regret,if summer sale can give you 80% OFF I don't sure bitcoin could give you price rising till 80%

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July 04, 2016, 05:36:01 AM
 #153

I doubt that is even 95%, maybe around 75-80%. Most of them build farms on locations where electricity is very cheap.You should also take account on the model of hardware miners they mostly have on mining bitcoin, once they reached that halving they are already mining at a lost.

Absolutely right! Miner, use less efficient equipment, they will be forced to leave the network, when the rewards will fall.

Many Chinese Bitcoin-mines are located in the mountainous regions of Tibet and Sichuan, where the climate is favorable for mining, and hydroelectric power is cheap, especially during the rainy season. The system of informal relations between Chinese businessmen, officials and the owners of power plants, known as Guangxi, Miner helps to achieve the best prices for electricity. Bitcoin-summer Chinese computers are often cooled by a huge fan. Sometimes water is used not only as a source of electricity, but also as a cooling system.
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July 04, 2016, 05:45:04 AM
 #154

I am just wondering if you guys have any plans on where to put your bitcoins when the Halvening is 1 day away. You will sell your bitcoins? Put the value of your bitcoins on altcoins instead? More than half of the bitcoin mining is located in China, what will happen there will cause a chain reaction. How much of their miners will stop since they will mine already at a loss after the halving. What will happen to the speed of the bitcoin transactions? Will it be causing a very slow transactions and what will be the effect of this on the trading on exchanges.Will people start putting the value of their bitcoins to ETH and Litecoin instead?

95% from miners are from China. Part of them  have stolen electricity and other part has it very cheap. they will be on profit anyway. Smiley

I doubt that is even 95%, maybe around 75-80%. Most of them build farms on locations where electricity is very cheap.You should also take account on the model of hardware miners they mostly have on mining bitcoin, once they reached that halving they are already mining at a lost.

yeah that is around 60 to 70% of the hashpower which comes from Chinese mining farms. but even if the reward halves they are still making a lot of profit each day with their settings. you shouldn't worry about miners profit too much.

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July 04, 2016, 06:15:03 AM
 #155

You haven't changed the title in 5 days like you mentioned in OP.  The halving is 5 days away now.  I'm looking forward to it.  I really hope that this drives the price up even more.  I really hope it doesn't do the opposite and kill bitcoin.  I suppose I will hodl either way.

I AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMERI AM A SCAMMER
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July 04, 2016, 06:23:14 AM
 #156

people seem to be anxious about the halving. I don't know what will happen on the eve of the halving itself. I foresee prices rising and falling and finally settling at a lower price. I know man people are expecting that the price will blow up but I think on the contrary it will drop.
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July 04, 2016, 11:29:16 AM
 #157

Five days and 3 hours left guys !

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July 06, 2016, 07:18:05 AM
 #158

Almost there guys ! 3 Days left

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July 06, 2016, 12:29:50 PM
 #159

Almost there guys ! 3 Days left
Christmas is near
Lets see what happens after I found the last Block of 25BTC with my little antrouter  Wink
Hope the price is going to rock once more

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July 09, 2016, 07:51:06 AM
 #160

Happy halving day guys Grin
It's going to happen in 9 hours , people shouldn't expect a fast increase, though. Expect the unexpected, things could go wrong for one reason or another.

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