Bitcoin Halving Block Reward Countdown

[cryptozink]

I created this cool countdown for bitcoin halving. It also have all the info about BTC halving. https://www.cryptozink.io/bitcoin-halving-block-reward-2020-countdown/

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[BitcoinGirl.Club]

I like the Binance one and seems like that one is more correct. However we certainly can not calculate the accurate countdown at-least now.





The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.


https://www.bitcoinclock.com/


https://www.coingecko.com/en/explain/bitcoin_halving

May be you need little adjustment?

[samuraijin]

I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times

[joelsamuya]

I am hoping that the excitement that this coming halving can be pushing Bitcoin to a new heights never achieved before though realistically speaking I am also willing to tone down my expectations. The halving may not be enough to pump Bitcoin higher than the one it achieved in 2017. right now, we are facing an anemic market and there is no great waves of speculations coming in. The hypes, the FOMOs and everything else are not showing up some signs. All we have for now is the countdown lol.

[ReiMomo]

I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times

Correct, no exact day but at least it will fall in the month of May year 2020. After the counter it will not effectively be raising up quick, it will take months or a year that the price of bitcoin will probably pump. Just like what happened the previous halving happened, the price grown up in the last quarter of the year and that was fallen in the month of December year 2017. I'm also curious why all countdown websites are not the same.

[Oneandpure]

I like the Binance one and seems like that one is more correct. However we certainly can not calculate the accurate countdown at-least now.





The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.


https://www.bitcoinclock.com/


https://www.coingecko.com/en/explain/bitcoin_halving

May be you need little adjustment?

Which one is true for bitcoin halving block reward countdown, when asking for me I think second picture is true because I want be faster for bitcoin halving countdown come true and hope give positive effect with bitcoin have higher price again looks like on 2017, need bitcoin come back above $20k to give chance for altcoin have higher price and keep stable.

[acsalles]

Bitcoin halving at this point is very correct. When the market is in a downtrend, the need to reduce bitcoin is essential for the market to go up. Let's count down

[pakhitheboss]

I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times

I think you should look into the past first before coming out with such a theory. "Bomb will explode". Nothing of that kind will happens there will a price increase but not so much that the bomb will explode. Historically the price of Bitcoin alway rose sharply the next year of halving. So expect it to be 2021.

[pakhitheboss]

I created this cool countdown for bitcoin halving. It also have all the info about BTC halving. https://www.cryptozink.io/bitcoin-halving-block-reward-2020-countdown/

I don't think there was a need to crete another one as there are many in the market. Since, you have created one congratulations to you. I hope next year be a fruitful year for you.

[samuraijin]

I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times

I think you should look into the past first before coming out with such a theory. "Bomb will explode". Nothing of that kind will happens there will a price increase but not so much that the bomb will explode. Historically the price of Bitcoin alway rose sharply the next year of halving. So expect it to be 2021.

not like that, the meaning of my word bomb is a collection of emotions of traders after waiting for 2018 2019 in the framework of 2 years the price continues to drop, they will release all emotions and others after halving, I think these 2 years is more than enough to see the bear market

[NeuroticFish]

May be you need little adjustment?

The halving will happen at a certain block (630000), we know that. The actual date/time.. is harder to calculate.
The date/time is estimated based on current block and the average block time.

Let's see..
Current block is 609,325
Blocks to go 20675
Average time 10 min
This gives ~143.5 days to go.

Now... if the block time is estimated in different way, the result can differ.
Since the difficulty adjustments were mostly upwards, shorter average block times are a good move.
I think that maybe OP took into account shorter period for these adjustments and according to the graphs in the last month the adjustments were staying under the value from Nov 25. Is this a new trend? I doubt it. And maybe here's where OP could adjust his algorithm. Or maybe he's right and he knows something I don't expect.

[kryptqnick]

I believe more with this site https://www.bitcoinblockhalf.com, this is not like a countdown, but this is arguably the time when a bomb will explode and the price of bitcoin predicted by many people will rise sharply, but I didn't know it was just nonsense or not, it looks like we still halving in the same month which is precisely in May 2020, even though there are several different times

Correct, no exact day but at least it will fall in the month of May year 2020.

Yeah, that's the proximity I was thinking about. Is it truly possible to make a countdown to such an event? I think that the range of mistakes is not within seconds but within days or even weeks. Come to think of it, though, the countdown can be adjusted in real-time in accordance with the difficulty rate, right? I think that it still won't give such good proximity, but it will limit the range to a number of days left, I suppose.

May be you need little adjustment?

The halving will happen at a certain block (630000), we know that. The actual date/time.. is harder to calculate.
The date/time is estimated based on current block and the average block time.

Let's see..
Current block is 609,325
Blocks to go 20675
Average time 10 min
This gives ~143.5 days to go.

Now... if the block time is estimated in different way, the result can differ.
Since the difficulty adjustments were mostly upwards, shorter average block times are a good move.
I think that maybe OP took into account shorter period for these adjustments and according to the graphs in the last month the adjustments were staying under the value from Nov 25. Is this a new trend? I doubt it. And maybe here's where OP could adjust his algorithm. Or maybe he's right and he knows something I don't expect.

Yes, the 10 minutes is an average time, so it's not precise... I hope the op will clarify what the algorithm takes into account and what it might neglect.

[Mike Mayor]

Now we all must scramble to make as many bitcoins as we can before the halving. I am sure it will make the price go up but maybe not at first. I think it might take some time to sink in. Nice count down I am glad you all excited. I wish I had more time though. I feel like I am running out of time with my bitcoin collection. 

[target]

The more I wait the more it feels 145 days to be too long of a waiting time. I'd rather not think of halving for now and enjoy the days where we can still accumulate some altcoins. The reason most of us wants the halving is because of the awaited bullrun which probably will happen few more months again after the halving so another months of waiting.

[noormcs5]

I personally use this site https://www.bitcoinblockhalf.com/ to get information about the bitcoin halving. It contains a lot of useful information as well.

[error08]

I like the Binance one and seems like that one is more correct. However we certainly can not calculate the accurate countdown at-least now.





The difference is around 15 days. There are other countdown too and those shows different time too but they are very close to each others except your once.


https://www.bitcoinclock.com/


https://www.coingecko.com/en/explain/bitcoin_halving

I prefer https://www.bitcoinblockhalf.com 143 days left, rather than binance 129 days left.
Bitcoinblockhalf provides better information regarding bitcoin countdown with additional information such as total blocks and total bitcoins left to mine until next blockhalving, which used to predict the exact date of bitcoin halving on May 14th, 2020.

[btc_angela]

I personally use this site https://www.bitcoinblockhalf.com/ to get information about the bitcoin halving. It contains a lot of useful information as well.

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I personally used this bitcoin block halving countdown. But thanks to the OP for making another one. And I agree that this is just approximate, we can't really tell the correct date and time, however, we can always check it out and see how it goes. For sure everyone is waiting for this event because it's supposed to bring fresh new life to the ecosystem.

[dimastegar]

I created this cool countdown for bitcoin halving. It also have all the info about BTC halving. https://www.cryptozink.io/bitcoin-halving-block-reward-2020-countdown/

Nice try, friend. Making countdown time for halving is very useful for crypto users. Especially for Bitcoin miners who will receive half a block BTC reward after halving. And in the future it will greatly affect the price of BTC.

[Maslate]

Maybe 3 month before the halving we will see the start of pump?
that would be next year, it's one of the most anticipated event next year as it's believe by some people, maybe majority that it will help the market to recover.

[Pearls Before Swine]

That's great for miners, but I'm not sure how important it is for the rest of us. 

Not sure if bitcoin is going to have a reaction to the halving, if we're going to see a repeat of the last 2 halvings I've seen.  It doesn't seem like the market *should* act like that, because then every halving would be like an opportunity for people to get free money.  On the other hand, any time we get a fork announced ahead of time, it's the same thing.  Free money, but almost like a lottery.  I don't know what to think.