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Author Topic: WHAT HAPPENS AFTER THE NEXT BITCOIN HALVING  (Read 2963 times)
BitcoinGirl.Club (OP)
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February 19, 2017, 07:58:00 AM
 #1

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

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February 19, 2017, 08:27:53 AM
 #2

People were also expecting that last halving would kill bitcoin due to the much smaller rewards, this didn't happen.

Bitcoin will have mining rewards well into 2100, by that time, if bitcoin is still around, solutions to this potential problem will have been found and accepted by the community. The ultimate idea is ofcourse that the transaction fees are enough to cover the lost mining fees (which don't need to be 12.5 bitcoin per block if price is sufficient).
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February 19, 2017, 11:56:25 AM
 #3

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.
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February 19, 2017, 12:04:25 PM
 #4

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.
Thats why its really a good thing that we do save bitcoin as much as we can since halving would really be there and in that situation supply does lessen into half and if demand is high and the supply is lower beyond it then expect prices will surge because of the demand.

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February 19, 2017, 12:06:53 PM
 #5

I think the effect will be a price increase. The last block halving happened last year and the effects will be seen this autumn: price increase is the most important, I'm looking for it to come for so long and can't wait to see if I am right!
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February 19, 2017, 12:08:32 PM
 #6

With bitcoin price on rise,even a smaller mining rewards will be equal to previous mining rewards.
For example if mining reward goes to 1 btc per block and 1 btc is worth $10,000,wouldn't that be equal to 10 btc at today's btc rate?

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February 19, 2017, 12:09:08 PM
 #7

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Now bitcoin has a relatively stable price of around $1000 because of the last year halving,i guess.
I don`t really care about miners and their rewards.The worldwide quantity of bitcoin is more than enough.

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February 19, 2017, 12:13:40 PM
 #8

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Nope, we dont need to migrate to other altcoins. If there are limited supply the price of bitcoin will just increase and it will never stops to increase in price. When the price of bitcoin will reach 100 million dollars then that will be the time that we will need alternative coins or possibly we will not and just increase more zeros after 1 satoshi.  There are many solutions to the problems so there is no need to worry about it.
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February 19, 2017, 12:20:43 PM
 #9

Personally, I will be more interested in the price of bitcoin and the adoption of bitcoin in general. Even if the mining difficulty rises, there will be miners who can handle the competition and they will keep mining. At least that is what we are witnessing now. And bitcoin will be the king of all crypto currencies. So we don't need to go looking for the next bitcoin in the making.
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February 19, 2017, 12:22:40 PM
 #10

it's hard to say. Bitcoin is a huge amount of volume in the market. so figure half will be tremendously big, the Bitcoin balance can be reduced heavily. this can cause problems for the miners. And the price of Bitcoin will change unexpectedly, we can not say this. So I hope it will not happen
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February 19, 2017, 12:23:37 PM
 #11

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.
Thats why its really a good thing that we do save bitcoin as much as we can since halving would really be there and in that situation supply does lessen into half and if demand is high and the supply is lower beyond it then expect prices will surge because of the demand.
Yeah. Now I'm working hard to save a lot of bitcoin so if the bitcoin halving will come then i can be one of those winners who have most of the bitcoin (I hope so). If bitcoin supply will get lower and lower and the demand is very high we can see a massive price pump like 10,000$ and that is very high and very profitable  Roll Eyes
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February 19, 2017, 12:27:51 PM
 #12

To actually answer the question and not only make predictions here is what will happen. After the next halving the reward for a block will be only half as big as it is now. So instead of getting 12.5 Bitcoins plus the fees for creating the next valid block you will get 6.25 Bitcoins plus fees. That is all. It has no effect on hashing power or difficulty. A change on fees as well as price is just speculation as well as a collapse of the whole system.

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February 19, 2017, 01:08:34 PM
 #13

Like the last halving (where my expectations were crushed when no sudden jump in bitcoin prices happened lels / or at least how I envisioned it would go down), it'll probably just mean more difficulty for mining / miners (but I guess with how others see it, that wouldn't really matter) with more price stability going upward as we move forward.
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February 19, 2017, 01:12:34 PM
 #14

I guess the same thing will happen... Nothing will be change, which will include a negligible price change...

What will happen will happen before the halving...
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February 19, 2017, 01:24:13 PM
 #15

nothing is going to happen that hasn't happened the past two times. the block reward will be half of what it is right now and if price continues going up (which my speculation says it is) then miners continue making profit. and if not some miners will leave, difficulty drops and we will continue using bitcoin as before !

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February 19, 2017, 01:29:01 PM
 #16

From all the expectations during the June ramped up excitement all the way to July when it actually happened
it felt like nothing really changed right after it did drop. It kind of fell flat with no significant increase in the price. Undecided
When does the next halving occur anyways?  Roll Eyes

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February 19, 2017, 02:04:09 PM
 #17

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Now bitcoin has a relatively stable price of around $1000 because of the last year halving,i guess.
I don`t really care about miners and their rewards.The worldwide quantity of bitcoin is more than enough.

I am pretty sure that you don't know how bitcoin works. Do you believe that quantity of bitcoin gives strength? Why not take a bag of Zimbabwean dollars where 1USD=35 quadrillion Zimbabwean dollars? Bitcoin has value because many people all over the world believe that it has. And as currency must have some properties where one of them is that would not be counterfeited. Without miners bitcoin network is not secure. If bitcoin looses its trust between people then will be a worthless software code like as we called it as shitcoin. So miners and devs and nodes and normal bitcoin users are very important in the bitcoin ecosystem where anyone of them has his own position, and distinct worth.
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February 19, 2017, 03:22:34 PM
 #18

Just like the last halving price pushes upward and many people doubting the potentials of bitcoin now will still be left behind then.
By my estimation price will rise to the range of $7000+ by then.
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February 19, 2017, 03:31:30 PM
Last edit: February 19, 2017, 03:48:05 PM by maku
 #19

People were also expecting that last halving would kill bitcoin due to the much smaller rewards, this didn't happen.

Bitcoin will have mining rewards well into 2100, by that time, if bitcoin is still around, solutions to this potential problem will have been found and accepted by the community. The ultimate idea is ofcourse that the transaction fees are enough to cover the lost mining fees (which don't need to be 12.5 bitcoin per block if price is sufficient).
Just like the bitcoin scaling debate is being solved as we speak? Until bitcoin community will unite and fix current bitcoin problems:
block scaling, transaction malleability, rising transaction fees, longer confirmation times (far longer than promised 10 minutes)
Until then I refuse to believe that any future Bitcoin's problems could be solved in a decentralized environment.
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February 19, 2017, 03:33:16 PM
 #20

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.
Thats why its really a good thing that we do save bitcoin as much as we can since halving would really be there and in that situation supply does lessen into half and if demand is high and the supply is lower beyond it then expect prices will surge because of the demand.
Yeah. Now I'm working hard to save a lot of bitcoin so if the bitcoin halving will come then i can be one of those winners who have most of the bitcoin (I hope so). If bitcoin supply will get lower and lower and the demand is very high we can see a massive price pump like 10,000$ and that is very high and very profitable  Roll Eyes
$10k price is really high to consider on such amount but still possibilities of price to its peak is there and we all know that potential of bitcoin and it does really surprise its users anytime.For now we should wait and see the progress of bitcoin on its next halving to come in our lifetime.

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February 19, 2017, 03:37:49 PM
 #21

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

"block halving" has no effect on the supply of bitcoin, there is going to be millions of coins available. it is a misunderstanding to say "bitcoin supply will go down" it is mostly about the market and how the amount that miners can sell decreases, they call that supply in trading.

what block having changes is the rate of creating new coins. now it is 12.5 per block and it will be 6.25 per block in the future and we still have 16.5 million of today and the additional coins that are generated up to that point.

so what do you mean "there is no life after this"

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February 19, 2017, 03:40:50 PM
 #22

 6.25 BTC during halving might not be worth for the miners if the price will still be $1000+. And so I guess more and more miners might sell out by that time. But if the price indeed will rise up to $5000, BTC will still be the first coin on top of the marketcap and will remain so it after years. I guess all my altcoins will also be worth keeping if their price still gets to remain as is.

The rise of Bitcoin price is also the rise of the altcoins value, same goes if it dips rock bottom because altcoins will also hit down.

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February 19, 2017, 03:42:22 PM
 #23

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

AFAIK bitcoin value will increase exponentially and hope people still interest using bitcoin as their transaction.
I'm also fear if bitcoin reach halving , miner will lost interest to keep mining which decreasing bitcoin investor amount

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February 19, 2017, 03:43:43 PM
 #24

I think that bitcoin price after next halving will go really fast up and most pupil which use bitcoin will have about 2x more money or even more than 2x because of that and that will be great or economy Cheesy.
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February 19, 2017, 07:23:49 PM
 #25

In the next halving there will be possibility for miners to leave bitcoin because for sure the game will be harder especially to those miners who are maintaining the network. Maybe they will find another altcoin that is worth it to mine and invest on. But still, i do believe that in the next halving bitcoin will be well improved and that will be the foundation and that will be the basis why people will still stick with bitcoin. There is a lot of scenario to think for, Next halving might result for negative or positive Roll Eyes.
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February 19, 2017, 07:28:03 PM
 #26

I think after the next halving the price of bitcoin would go up again,
because the supply would be lessen.

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February 19, 2017, 07:34:14 PM
 #27

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?
There should most definitely still be a considerable amount of life left in Bitcoin, the only difference that might end up making itself apparently will be the change from miners receiving a majority of their income from block rewards and transitioning into a reward system based around transaction fees. At this point, the more transactions in a block the better.
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February 19, 2017, 07:43:28 PM
 #28

I think after the next halving the price of bitcoin would go up again,
because the supply would be lessen.
That may happen but not only the supply is the concern on halving i think because while the supply will be lessen, the mining difficulty will increase and that is a sad fact for miners and that can cause for the miners to get smaller profit which may provoke them to migrate to another coin but let just see what will happen on halving because bitcoin never stops to impress us Roll Eyes.
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February 19, 2017, 09:07:08 PM
 #29

Price increase wont happen so quickly after halving, cause its already somewhat calculated in price over time. Same was with this recent halving, nothing spectacular happened in short period of time.
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February 19, 2017, 09:35:02 PM
 #30

In the next halving the block rewards will be turn into half then the mining difficulty will be higher again and it may affect the price because the supply is being lessen again. If the price won't adjust to a profitable one then the miners will decide to abandon bitcoin but i hope that will not happen. If the bitcoin are all mined then we will just rely on the supply in the market and the thing that i'm sure is the one who will win the game is the one who got the most of the supply.

it is possible things that we will face after halving. many people are waiting for halving because it means 'price will go up'. I think many bitcoin users dream of it. it is good in a particular context, but bad in the other side because bitcoin to be mined will decrease.

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February 20, 2017, 05:37:47 AM
 #31

Price increase wont happen so quickly after halving, cause its already somewhat calculated in price over time. Same was with this recent halving, nothing spectacular happened in short period of time.

I agree. The same was the case with the halving of 2012 and 2016. There is a lag of almost 12 months, before the exchange rates rise. I suspect this will repeat during the next halving as well.

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February 20, 2017, 05:58:17 AM
 #32

People were also expecting that last halving would kill bitcoin due to the much smaller rewards, this didn't happen.

Bitcoin will have mining rewards well into 2100, by that time, if bitcoin is still around, solutions to this potential problem will have been found and accepted by the community. The ultimate idea is ofcourse that the transaction fees are enough to cover the lost mining fees (which don't need to be 12.5 bitcoin per block if price is sufficient).
Just like the bitcoin scaling debate is being solved as we speak? Until bitcoin community will unite and fix current bitcoin problems:
block scaling, transaction malleability, rising transaction fees, longer confirmation times (far longer than promised 10 minutes)
Until then I refuse to believe that any future Bitcoin's problems could be solved in a decentralized environment.

Bitcoin has too many disadvantages, we can't become mass adoption unless the problems are solved, we need to scale first, and then other issues will be solved.

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February 20, 2017, 06:49:55 AM
 #33

I think that bitcoin price after next halving will go really fast up and most pupil which use bitcoin will have about 2x more money or even more than 2x because of that and that will be great or economy Cheesy.
yes just like previous halving, as before previous halving people were not interested to sell their bitcoin as they were thinking that the price of bitcoin will go hing. and we saw that after previous halving the price of bitcoin increase much and then stable stay for a long time.
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February 20, 2017, 06:52:09 AM
 #34

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Contrary to popular misconception, the "supply" of bitcoins is currently 16 million, and not 12.5 per block. When all the bitcoins are mined, the supply will be 5 million higher. Also, if mining fewer bitcoins had some detrimental effect, we would be seeing it by now.

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February 20, 2017, 06:55:24 AM
 #35

the daily production from miners would be 900 btc a day less than now(1800), this is just the average, there are days with a higher production

900 bitcoin at current value, would means $900k coins that might not be dumped anymore, assuming that miners dump everything which is not true

i means what miners will do from now, already, is not a factor for the future value, but the hype for each halving, in my view will increase the price greatly
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February 20, 2017, 07:09:05 AM
 #36

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

Contrary to popular misconception, the "supply" of bitcoins is currently 16 million, and not 12.5 per block. When all the bitcoins are mined, the supply will be 5 million higher. Also, if mining fewer bitcoins had some detrimental effect, we would be seeing it by now.

It does really have a detrimental effect and we all know current supply is 16m same as you said and every halving it decrease the block by half which means difficulty on mining it does really rise and we should not to worry at all since all bitcoin would be mined totally on 2100.Smiley

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February 20, 2017, 07:54:42 AM
 #37

Why do you think gold is precious other than the physical properties? is because finding and then mining the gold is difficult otherwise 33% of earth's core is gold according to geologists(science) and there are mountains of gold on our moon but reaching that gold is hard even finding the gold a few miles underneath the earth's surface is extremely hard and that is one of the effective reasons for gold price.
With bitcoin when difficulty increases and mining the coins becomes harder and harder price will go up one way or another.
Now imagine what happens if miners right now stop selling just 6BTC out of each block reward they get which is 12.5BTC that alone will have a great positive impact on price we just need to test this theory of mine and see what happens only if miners listen Smiley.

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February 20, 2017, 08:45:37 AM
Last edit: February 20, 2017, 05:41:58 PM by odolvlobo
 #38

With bitcoin when difficulty increases and mining the coins becomes harder and harder price will go up one way or another.
Now imagine what happens if miners right now stop selling just 6BTC out of each block reward they get which is 12.5BTC that alone will have a great positive impact on price we just need to test this theory of mine and see what happens only if miners listen Smiley.

First, price determines difficulty, and not the other way around. If the price goes up, miners invest in more capacity. If the price goes down, miners shut off unprofitable equipment.

Second, total BTC exchange volume is 20k - 200k BTC per day (depending on what you are measuring). Your proposed decrease of 864 BTC per day will have no significant impact.

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February 20, 2017, 09:13:58 AM
 #39

I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

I think we dont need to migrate to another alt coin because another altcoin also might not have enough available coins but the problem could be solved by increasingly high price that we could see now. a of last year february the price was about INR 20000 but now after a year its 70000 INR so almost 3.5 time incremental in its price inspite ofits limited supply.
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February 20, 2017, 09:57:56 AM
 #40

I think what would happen is that they would factor into the code the amount of lost Bitcoin. There is no doubt even with the present level of understanding some people are still losing their coins by mistakenly burning them, loss private keys, crash hard disk etc. so would be available for mining

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February 20, 2017, 10:16:39 AM
 #41

after halving f bitcoin in July 2016 we had almost no change in price but now after almost 4 to 6 months only we are seeing price hike and at the time of halving many miners had gave up mining bitcoin and switched to mining other altcoin to make more profit.
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February 20, 2017, 10:26:26 AM
 #42

The Bitcoin halving in July didn't change much, but the halving of new Bitcoins could mean that the Bitcoin price would increase quicker than before if the market cap was rising at the same rate.

But I think that because Bitcoin mining isn't as profitable as it was before there will be a hike in transaction fees to cover the financial incentive for miners, and this may actually decrease the market cap of Bitcoin due to people's annoyance with the slow and expensive transactions that may occur if no solutions are found.

Luckily, the next halving is ages away.

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February 20, 2017, 12:35:18 PM
 #43

The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing. If Bitcoin At that time is still successful its price should go up a lot
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February 20, 2017, 03:22:41 PM
 #44

The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing. If Bitcoin At that time is still successful its price should go up a lot

Satoshi is designed very good, maybe great way to controls production of BTC,and I think todays price largely reflects his idea of gradual reduction or halving approximately every four years.Last year halving have almost no instantaneous effect as some expected,but after 5-6 months we can see some difference.

Plenty of time should still go through to the next halving,probably will be ups and downs,but generally if things go in the right direction+bigger demand+supply decrease means only one thing-increase in price Smiley

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February 20, 2017, 03:43:36 PM
 #45

After the next halving there will be only 6,25 bitcoins created every 10 minutes, instead of 12,5 like actually.
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February 20, 2017, 05:02:33 PM
 #46

The next halving i expect price to increase further. Even with current price one could argue that its already priced in for the next halving . The problem i see us encountering after this next halving though if we've become highly adopted people are going to start noticing how inefficient the current blockchain is. Literally using 1000s of kw/h as more miners jump on board trying to squeeze out as much bitcoin as possible. I fully expect by this time a newer coin which is more energy efficient will have captured the market.

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February 20, 2017, 06:04:49 PM
 #47

But I think that because Bitcoin mining isn't as profitable as it was before there will be a hike in transaction fees to cover the financial incentive for miners, ...

Miners don't control fees. They take what they can get. Of course, any miner can set a minimum fee, but that would be turning down free money, and it would be a bad business decision (unless they are part of a cartel, of course).

The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing.

The Bitcoin money supply does not decrease. Even with the halvings, it is constantly increasing until it reaches 21 million.

The market supply also does not decrease (or more accurately, shift to the left) because bitcoins are not consumed. Every ten minutes there are more bitcoins, and there are more bitcoins to trade as a result. The current subsidy is 1/4 of what it was 5 years ago, yet the exchange volume it is higher now and not lower.

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February 20, 2017, 06:11:02 PM
 #48

price increases. I am convinced by it. if there is no problem, bitcoin might be able to achieve a very high price this year, and it will influence the thinking of large investors. I am quite sure, when the next halving occurs, then bitcoin will rise to the surface in the real world.

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February 20, 2017, 06:20:55 PM
 #49

Just like the last halving price pushes upward and many people doubting the potentials of bitcoin now will still be left behind then.
By my estimation price will rise to the range of $7000+ by then.
I heard that the price of bitcoin began to rise sharply due to the fact that the Chinese are dramatically involved in earning bitcoins. They increased the demand for this cryptocurrency and thus increased the price. Where is the guarantee that the demand will remain at the same level?
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February 20, 2017, 07:43:19 PM
 #50

Just like the last halving price pushes upward and many people doubting the potentials of bitcoin now will still be left behind then.
By my estimation price will rise to the range of $7000+ by then.
I heard that the price of bitcoin began to rise sharply due to the fact that the Chinese are dramatically involved in earning bitcoins. They increased the demand for this cryptocurrency and thus increased the price. Where is the guarantee that the demand will remain at the same level?

There is never a guarantee, you can see demand going up as more people hear and learn about bitcoin. As new business ideas every day emerging, and potential freelance jobs also. Bitcoin is not only China, in my opinion Japan will soon jump on Bitcoin, especially if government regulates it in a way. Me personally would like it to be regulated in a way, where you dont have to worry about IRS if you sell bigger amount and receive fiat on a bank account.
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March 13, 2017, 01:12:22 AM
 #51

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

I think the price of bitcoin will rise as usuall. But since thats year away from this day, I think it will rise for as much as 150% from the price today . Thats only my opinion . As they told us, the mining will be half . The harder to get, The higher the price . Just like diamonds, Ores, and Pearls . Right ?
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March 13, 2017, 01:37:54 AM
 #52

by the next halving, Bitcoin will be either worth over $3000 or under $300.


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March 13, 2017, 01:38:49 AM
 #53

Was reading an article online which lead me thinking to what will happen after the next block halving> http://www.bitcoinblockhalf.com .
I know Bitcoin has a limited supply, so does that mean when all bitcoins are mined there will no life after this time or we shall rely on the available coins to keep circulating or we all have to migrate to the next best altcoin ?

I think the price of bitcoin will rise as usuall. But since thats year away from this day, I think it will rise for as much as 150% from the price today . Thats only my opinion . As they told us, the mining will be half . The harder to get, The higher the price . Just like diamonds, Ores, and Pearls . Right ?
The value of bitcoin grows much higher. Right now itself we have got a good price and standing above $1000 for a long. The next halving is years away, so surely in the meantime we'll experience a good price increase which might take it over $2000 and sustain above the same and keeps growing from that.
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March 13, 2017, 02:03:53 AM
 #54

Nothing to worry about in bitcoin halving especially when the price value of bitcoin is stabilize in $1000 i think the last halving occurred when the price of BTC was still around $700 but still that didn't stop bitcoin.
Even if the mining rewards turns to half, the transaction fee is enough to cover the mining fee.

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March 13, 2017, 03:49:33 AM
 #55

With bitcoin price on rise,even a smaller mining rewards will be equal to previous mining rewards.
For example if mining reward goes to 1 btc per block and 1 btc is worth $10,000,wouldn't that be equal to 10 btc at today's btc rate?
Yes,even the smaller mining rewards at that time would be much enough for the miners to run their mining operations profitably.So, the transactions would be carried out even after halving without any issues.
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March 13, 2017, 05:01:40 AM
 #56

No Bitcoins won't be effected by halving, anytime soon. Bitcoins is far more stable than it initially was and the next halving won't really take it it down. As you can see current prices are very much stable. And 2100 is a very long time, we don't even know what the price of bitcoins would be, will government have some new transactions or rules. So I think instead of focusing on a uncertain event, you should focus currently on the price and see if there would be any opportunity, to buy or sell. And yes sadly we would have to depend on the coins in circulations only.
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March 13, 2017, 05:15:18 AM
 #57

Nothing to worry about in bitcoin halving especially when the price value of bitcoin is stabilize in $1000 i think the last halving occurred when the price of BTC was still around $700 but still that didn't stop bitcoin.
Even if the mining rewards turns to half, the transaction fee is enough to cover the mining fee.

The $700 was achieved in the run up to the halving. People buy bitcoins in anticipation of the halving.
I expect a similar story to repeat itself during the next halving as well.


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March 13, 2017, 05:24:40 AM
 #58

Nothing to worry about in bitcoin halving especially when the price value of bitcoin is stabilize in $1000 i think the last halving occurred when the price of BTC was still around $700 but still that didn't stop bitcoin.
Even if the mining rewards turns to half, the transaction fee is enough to cover the mining fee.

The $700 was achieved in the run up to the halving. People buy bitcoins in anticipation of the halving.
I expect a similar story to repeat itself during the next halving as well.

It would surely repeat in the next halving of bitcoin and it's normal since supply would surely lessen and it's more hard to mine bitcoin.it would really increase its value and talking on past halving it does really increase its price compared when it still on pre-halving.thats why I'm saving up much bitcoin as I can because I really believe on bitcoins potential.

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March 13, 2017, 05:58:08 AM
 #59

I think that the bitcoin price will be doubled after a few months of next halving, so $3000 is the next target to be upon.
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April 11, 2017, 07:05:11 PM
 #60

I dont think that bitcoin crypto is losted I just think that bitcoin transaction fees will be bigger and bigger and miners will get more money with which they will be happy and block reward will be always regulated to support miners.
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April 11, 2017, 08:12:45 PM
 #61

The next Bitcoin Halving will decrease the Block reward by half. So a Block will generate only 6,25 BTC which means that the supply will decrease and the demand will still be increasing. If Bitcoin At that time is still successful its price should go up a lot
i also think that in the next halving the price of bitcoin will boast as the demand of bitcoin will increase and the supply will decrease, i am hopping that at that time the rice of bitcoin will be trading above 4000 USD level. if the proce of bitcoin will continue its trend of increasing its price.

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April 12, 2017, 12:26:24 AM
 #62

On the first halving, if I'm not mistaken, the value of bitcoin decreased by half. On the second halving, nothing in particular happened on the bitcoin price. But on the third halving, we can never tell what might happen. It might be the same as the first and second halving but we can also say that bitcoin price will be doubled or higher. Let us just pray that whatever hapeened in the next halving, it will be beneficial to majority of bitcoin users.
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