We are now at block 420,000

[iGotSpots]

We are at the beginning of the month and bills are already paid

Don't expect jumps until end of month/quarterly payments start rollin around

We are in early H2-2016, so not seeing much til new year would not be surprising either as that hits month/quarter/bi/yearly, all on one day

That said.. happy halving. Be smart and don't fall for traps

[1Referee]

The production of Bitcoin has been cut in half.

Happy halving everyone!

I'm looking forward to seeing the impact of this halving. whose expectation will be right? oh this is so fun in one side.

just get ready with your bitcoin people. stay holding your bitcoins and see what will happen. halving is here!

Impact of halving (as most people refer, price of BTC as the only factor that really matters in the end) will be reflected months after actual block reward drop.
I am more interested to see how halving will impact 'cloud mining' companies. Will it be easier to tell the difference between fake from legit ones after it?

Don't think the difference between legit cloud mining companies and scam cloud mining sites will be any different because of the halving. In fact, scam sites can now keep their site running, and thus scamming for a longer period of time as they only have to pay out half of what they used to pay out.

[franky1]

Don't think the difference between legit cloud mining companies and scam cloud mining sites will be any different because of the halving. In fact, scam sites can now keep their site running, and thus scamming for a longer period of time as they only have to pay out half of what they used to pay out.

a few scam sites may use this as their "legitimate" reasons to *cough* go bankrupt *cough*
ofcourse they would wait a couple months to grab a little extra scammed funds and then disapear

[traderbit]

The production of Bitcoin has been cut in half.

Happy halving everyone!

Why should I be happy? Why the halving should make me happy? I saw some people (maybe VIP) in LA celebrating the bitcoin halving, is it really needed? I saw a drop on bitcoin price then went back to normal but we can't see immediately the effects.

[CoinBreader]

The production of Bitcoin has been cut in half.

Happy halving everyone!

I'm looking forward to seeing the impact of this halving. whose expectation will be right? oh this is so fun in one side.

just get ready with your bitcoin people. stay holding your bitcoins and see what will happen. halving is here!

Impact of halving (as most people refer, price of BTC as the only factor that really matters in the end) will be reflected months after actual block reward drop.
I am more interested to see how halving will impact 'cloud mining' companies. Will it be easier to tell the difference between fake from legit ones after it?

thats right! plus the only thing can happen in a few days is a pump from enthusiast or even a whale shake up as usual ! ^^

[7788bitcoin]

The halving has done it's job in the growth of bitcoin. With the REAL drop in supply, we would expect a gradual increase in price in the coming months to attain the equilibrium again. I heard the cost per coin for miners was about $300 (@25BTC/block) and so with the reward halving they are still profitable.

[franky1]

The halving has done it's job in the growth of bitcoin. With the REAL drop in supply, we would expect a gradual increase in price in the coming months to attain the equilibrium again. I heard the cost per coin for miners was about $300 (@25BTC/block) and so with the reward halving they are still profitable.

lol.. the cost was not $300 in the last 6-12 months

thats what u been told for reasons to falsely suggest that the halving has already been "accounted" last year.

i would like you to ask anyone currently mining if they were making 200% profit. or were just gonna break even over the last 6 months

[Btcvilla]

The halving has done it's job in the growth of bitcoin. With the REAL drop in supply, we would expect a gradual increase in price in the coming months to attain the equilibrium again. I heard the cost per coin for miners was about $300 (@25BTC/block) and so with the reward halving they are still profitable.

lol.. the cost was not $300 in the last 6-12 months

thats what u been told for reasons to falsely suggest that the halving has already been "accounted" last year.

i would like you to ask anyone currently mining if they were making 200% profit. or were just gonna break even over the last 6 months

A lot of people mining barely break even. I bet a lot of miners are now HODLING until the price goes up some more.

No one, and I mean NO ONE is making 200% profit.

[PokerFace3]

One thing for sure is there are less Bitcoin for sale. If price not changed, miner have to sell the coins they mined last year, the year before. Eventually, less miner will be in business.

I think they are not ready to sell it right now because they are expecting more for their bitcoin and i think the price of bitcoin sooner will increase and it should be hit at 700 above to 900 value..  because more buyers will come..

yeah i think the increase of price is to be obvious as now the bitcoins are more limited and harder to mine and the mining rewards are half ! so it is now more worth

[Red-Apple]

The halving has done it's job in the growth of bitcoin. With the REAL drop in supply, we would expect a gradual increase in price in the coming months to attain the equilibrium again. I heard the cost per coin for miners was about $300 (@25BTC/block) and so with the reward halving they are still profitable.

lol.. the cost was not $300 in the last 6-12 months

thats what u been told for reasons to falsely suggest that the halving has already been "accounted" last year.

i would like you to ask anyone currently mining if they were making 200% profit. or were just gonna break even over the last 6 months

A lot of people mining barely break even. I bet a lot of miners are now HODLING until the price goes up some more.

No one, and I mean NO ONE is making 200% profit.

why even argue about miners when there is no clear information about how much they are making after their costs.

all that is important is that mining farms are continuing to mine and they don't seem to mind anything and it is only the users of this forum who are so nervous about miners and their profits.

[valta4065]

One thing for sure is there are less Bitcoin for sale. If price not changed, miner have to sell the coins they mined last year, the year before. Eventually, less miner will be in business.

I think they are not ready to sell it right now because they are expecting more for their bitcoin and i think the price of bitcoin sooner will increase and it should be hit at 700 above to 900 value..  because more buyers will come..

yeah i think the increase of price is to be obvious as now the bitcoins are more limited and harder to mine and the mining rewards are half ! so it is now more worth

It's logical yeah.
But the problem is that bitcoiners might not be so numerous. .. or at least not enough to prevent some unlogic movements due to global fud !

[chixka000]

a great time indeed for those who already have some btc holdings ..........and for those who dont ,they would better their skates on
soon buying bitcoins under $1k will be a fond and distant  memory ......4 figures here we come.....

 

to bad price doenst seem have a plan to go up yet so for those who dont they still have the chance to invest i guess? but who knows what will happen to the bitcoin price looking forward

[BlueStackz]

Happy halving to everyone!
Now now, it's only been a few hours since we've had the halving so it's only quite clear to not expect anything to happen just yet. Don't lose heart. Something will happen eventually. Miners wouldn't be given justice if the value just keeps on it's current rate.

[Barnabe]

Happy halving to everyone!
Now now, it's only been a few hours since we've had the halving so it's only quite clear to not expect anything to happen just yet. Don't lose heart. Something will happen eventually. Miners wouldn't be given justice if the value just keeps on it's current rate.

Something will happen, some will say that it was because of the halving even if it's not related at all. The halving may be a big deal for miners, but I doesn't have to affect the whole Bitcoin ecosystem.

[martinacar]

Happy halving to everyone!
Now now, it's only been a few hours since we've had the halving so it's only quite clear to not expect anything to happen just yet. Don't lose heart. Something will happen eventually. Miners wouldn't be given justice if the value just keeps on it's current rate.

You are right. The price went up for almost a year. It's not time to for the price to get to stability.
if the price goes up just consider it as an extra.