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Author Topic: BITCOIN NEXT HALVING - From 12.5 to 6.25 in less than 3 years  (Read 2764 times)
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May 09, 2017, 06:37:33 PM
 #1

Just think that in (almost) less than 3 years from now $BTC blocks will pay only 6 BTC to miners. Halving is near fellas, accumulate. #bitcoinhalving

http://www.bitcoinblockhalf.com/
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May 09, 2017, 06:50:59 PM
 #2

Just think that in (almost) less than 3 years from now $BTC blocks will pay only 6 BTC to miners. Halving is near fellas, accumulate. #bitcoinhalving

http://www.bitcoinblockhalf.com/


At this rate, I see bitcoin EASILY being 6 figures in 3 years. 6 BTC is just a tiny amount of coins, so im pretty sure someone owning double the reward (12+) is going to be pretty wealthy.

Eventually, anyone owning 21 or more, is going to be pretty rich.

I don't care how the scaling drama ends up, even if bitcoin stays as it is, the price will keep going up (even tho other alts will profit from the lack of scaling, but bitcoin is the cryptocurrency backbone reserve with the best devs and the most solid blockchain with the oldest history, all of those are big valuable qualities within itself)

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May 10, 2017, 02:48:26 AM
 #3

Just think that in (almost) less than 3 years from now $BTC blocks will pay only 6 BTC to miners. Halving is near fellas, accumulate. #bitcoinhalving

http://www.bitcoinblockhalf.com/


you are talking about a price rise, and a big one at that but yet you are rounding up 0.25BTC from the reward Smiley
as Billy said when it comes to price all this drama about block size don't matter. there is still the same amount of bitcoin available and with each halving the reward is lower so it decreases the sell pressure coming from miners selling bitcoin. aka lower supply + higher demand = moon.



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May 10, 2017, 02:56:08 AM
 #4

Just think that in (almost) less than 3 years from now $BTC blocks will pay only 6 BTC to miners. Halving is near fellas, accumulate. #bitcoinhalving

http://www.bitcoinblockhalf.com/
Well, basically just holding at this point. It's tempting to sell right now but considering that we do have the halving coming up in what is a relatively short time I think paying attention to the market and avoiding any massive crashes is all that should be done, the rest should just be simple accumulation.
Kind of nuts to think about, kind of stoked for this and I hope there are some interesting events to spice up the time between now and then.
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May 10, 2017, 03:26:17 AM
 #5

Even with what other people are saying I feel this is one of the main things that's going to be pushing the miners more and more under the centralized rule of the miners in China and going to move them out of being decentralized and in places like the US, Western Europe, ETC (Countries with more expensive power)

I do support people making money and such, but I will say I'm not a fan of people having such a grip on the Bitcoin network as a whole that they're able to stop the overall movement of the entire network if they'd like to because they don't support a certain scaling solution which will help to fix the countless issues faced by BTC at the moment. It is a good wave of people leaving the mining field though, so it does let SOME people with cheaper power get into it though it always seems to go to the people who already have so much control and just want to cement more.


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May 10, 2017, 05:01:32 AM
 #6

Just think that in (almost) less than 3 years from now $BTC blocks will pay only 6 BTC to miners. Halving is near fellas, accumulate. #bitcoinhalving

http://www.bitcoinblockhalf.com/
Well, basically just holding at this point. It's tempting to sell right now but considering that we do have the halving coming up in what is a relatively short time I think paying attention to the market and avoiding any massive crashes is all that should be done, the rest should just be simple accumulation.
Kind of nuts to think about, kind of stoked for this and I hope there are some interesting events to spice up the time between now and then.

I agree, price is good and selling bitcoin right now will give me a good profit but then I am looking at the future price of Bitcoin where 1 BTC can be more than $10k.  After 3 years the supply will be half and that make bitcoin more scarce, then the next 4 years bitcoin will be giving 3+ BTC as a reward in mining.  Now it is clear to me why one of the investors of snapchat said Bitcoin might reach $500k by 2030.  This is because of the exponential adoption and the block reward by that time would be less than 2 BTC per block.  So I guess it is worth waiting and holding our Bitcoin till the reward is less than 1 BTC per block

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May 10, 2017, 05:21:55 AM
 #7

well within 3 years ,we may see a huge increase in the price of bitcoins,and if some countries accept bitcoins like japan then there is a possibility that the price of bitcoins will reach the moon and in the near future,it might happen that the price of bitcoins would be 6 digit figure.

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May 10, 2017, 05:31:39 AM
 #8

I am hoping for a brighter future and halving will effect only miners as their reward goes down but i am sure majority of the miners will be damn rich by then because the price as it will reach new targets and with the recent rally i think it could reach five figures by that time,so that miners wont end up in a loss even with halving.

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May 10, 2017, 05:36:40 AM
 #9

With less and less bitcoin being mined and the halving event coming in three years, the miner's fees are going to find ways to increase. And in those three years, I am assuming that the market cap would have been over $35B or maybe even $40B at least, if there are no major pullbacks along the way.


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May 10, 2017, 05:39:49 AM
 #10

So many factors can come into play over the next three years but the Bitcoin halving, making BTC production more scarce, is one factor that can help a JUICY PRICE increase and miners hoarding their BTC will be the major winners over the long term and from the beginning.

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May 10, 2017, 05:45:40 AM
 #11

This is what I'm been saying. Next halving is 3 years from now but the demand for bitcoin currently rising at $1700. So just imagine what will happen in the next halving, bitcoin will be so scarce that all price speculation $5000, $10000 or even $100,000 is possible. So it make sense to save bitcoin now because the price will go to the moon. I also speculate that their will be another country that will embrace bitcoin making the price really soar to new heights in the new 3 years or so.

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May 10, 2017, 05:47:39 AM
 #12

i see a nice pattern here, remember the last ATH? was in 2013, a year after the first halving 50 to 25 in 2012, now a year after the second halving we had a second ath $1700+

would not be so unlikely to thin that in 2021 there will be a new ath , perhaps above 10k, after we make rock solid this one, and we have plenty fo tiem for that to make the market grow
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May 10, 2017, 05:56:29 AM
 #13

As for me, bitcoin halving will obviously make the supply of it scarce which will drive the market price to a new ATH in the future. More people demanding of bitcoin but the supply will be low because of the difficulty to mine it. So we should start "hording" now, so that down the line, huge profit for us is likely possible.


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May 10, 2017, 09:59:38 AM
 #14

The next halving is still far for the bitcoin and for us to worry about because i think in 2019 is the year when we are going to be prepared and the halving event also is one of the event that i'm preparing of because i believe that the price could reach up to 20x of the price now and if i collect bitcoin now and hold it until the next halving then i can really earn a lot of money.

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May 10, 2017, 10:28:09 AM
 #15

I see BTC at 10k by the time of next halving. 6 figures, as someone suggested is a bit too optimistic.

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May 10, 2017, 10:43:45 AM
 #16

Just think that in (almost) less than 3 years from now $BTC blocks will pay only 6 BTC to miners. Halving is near fellas, accumulate. #bitcoinhalving

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Before the bitcoin halving will occur the price of bitcoin would be already at five thousand dollars ($5,000) or six thousand dollar ($6,000) and when halving will spike the price will skyrocket to ten thousand dollars ($10,000). It is just a matter of time that we can get huge profit from holding some of our bitcoin. More power to bitcoins and welcome huge profit.

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May 10, 2017, 11:11:53 AM
 #17

To the new halving is still a lot of time,it is hard to predict what will happen in a month or two but current situation looks very good for BTC.If in the next three years BTC growth for 1000$ per year then at the next halving price could be around 5000$,but this is only speculation.

It must be taken into consideration that after halving price will not go up,it is not happen last time and probably will not after next halving.Certainly after some time we will see the positive effects on price.

Next halving will cut miner rewards to only 3 BTC,but as someone say every next halving will be push price up even more than the one before Smiley

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May 10, 2017, 11:24:26 AM
 #18

I see BTC at 10k by the time of next halving. 6 figures, as someone suggested is a bit too optimistic.
I can't imagine that we will see 6 digits bitcoin's price even after halving in 2024 or 2028 it's just too unrealistic prediction at this moment.
The real question is: how high will be price of bitcoin in 2020 before the halving, it is easy to assume that halving will effectively double that initial price.

i see a nice pattern here, remember the last ATH? was in 2013, a year after the first halving 50 to 25 in 2012, now a year after the second halving we had a second ath $1700+

would not be so unlikely to thin that in 2021 there will be a new ath , perhaps above 10k, after we make rock solid this one, and we have plenty fo tiem for that to make the market grow
I don't think this is a pattern linked to halving, 1st pump in 2013 was linked to speculations, bots, and gox and current ATH is because we see increased demand from Japan.
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May 10, 2017, 11:30:50 AM
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at this time bitcoin price has reached 1700 $ will the price will continue to rise?

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May 10, 2017, 11:46:20 AM
 #20

Even with what other people are saying I feel this is one of the main things that's going to be pushing the miners more and more under the centralized rule of the miners in China and going to move them out of being decentralized and in places like the US, Western Europe, ETC (Countries with more expensive power)

I do support people making money and such, but I will say I'm not a fan of people having such a grip on the Bitcoin network as a whole that they're able to stop the overall movement of the entire network if they'd like to because they don't support a certain scaling solution which will help to fix the countless issues faced by BTC at the moment. It is a good wave of people leaving the mining field though, so it does let SOME people with cheaper power get into it though it always seems to go to the people who already have so much control and just want to cement more.



Interesting! something I think a lot of people had overlooked [maybe just me  Cheesy]

This makes sense to me, and I dont know a whole lot about mining but if the
reward is smaller and the mining costs the same or higher it could see some
forced out of the business, which in turn could lead to the above scenario
taking place.

not necessarily a good thing.


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