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Author Topic: Is Bitcoin halving real or just a theory??  (Read 673 times)
elenag742
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April 19, 2020, 12:25:50 PM
 #21

Is anything but a hypothesis but instead a reality. no matter whether we consider how individuals are utilizing digital money today, no matter whether everybody truly began utilising Bitcoin for normal use, no matter whether fiat was supplanted by fiat, Bitcoin dividing is an event that's now within the framework. that's except if you remove the online far and wide where nobody would have the choice to interface with it. Simply envision it being a line of code that's set to happen once tons of records/activities is watched. Smiley Smiley
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April 19, 2020, 01:22:01 PM
 #22

It is and I'm waiting for this next one will react. The speculation has been favouring bitcoin to bull but I don't think it is going to be immediately. 4 years back after the halving, price got to it pick one year later in 2017. Maybe we might see that again.
Yeah you are right it would take a little time for the price to spike up like what happened in 2017. It was historic kind of event cause it peaked to its All Time High like noone really expecting it to happen. We might see a new ATH this coming halving if everything goes in to place, and we might see a healthy season of coin market like we have not ever seen before.
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April 19, 2020, 02:05:31 PM
 #23

Whether it's a theory or not. I keep collecting as many bitcoins as possible. Bitcoin is no longer the future, it is in our present. We live every day monitoring its price, as well as the prices of the crypto market.
Despite the Coronavirus, our crypto community is immunized, it has not stopped.

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April 27, 2020, 06:14:19 AM
 #24

According to coindex, https://www.coindesk.com/bitcoin-halving-explainer

Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.

Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
This will be true
carter34
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April 27, 2020, 01:58:09 PM
 #25


Despite the Coronavirus, our crypto community is immunized, it has not stopped.

I like this which is telling us that the present is with digital transaction. Stocks had little set back because of the economic drop but crypto is still making hodlers grow in confidence.
Halving is real and has been in history. Is a time to buy more and altcoins with value too.
aakashsangwan
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April 27, 2020, 07:55:51 PM
 #26

According to coindex, https://www.coindesk.com/bitcoin-halving-explainer

Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.

Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
Actually it's not the total amount of bitcoins it is the total amount of newly minted bitcoins that will be halved. As of now the total amount of bitcoins mined per block are 12.5 and after block halving every newly minted block will reward the miner with 6.25 bitcoins as a reward. So you are half correct in saying the circulation of bitcoins will be halved.
Also this is a historic event that is speculated to take bitcoins price higher as the same happened in the past but a few weeks after the bitcoins block reward halving.

btcholder
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April 27, 2020, 11:28:04 PM
 #27

Why it should be just a theory. Tongue BTC halving fixed when it was born not after created. It's an unique idea to make btc more demand able. Not just in btc, halving also bring a good image other alternative crypto too. It's bring equality between miners and normal users. So it's real, not just a theory which will happen or not.

danggoron
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April 27, 2020, 11:34:41 PM
 #28

According to coindex, https://www.coindesk.com/bitcoin-halving-explainer

Bitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.

Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
It seems like TS has to read more and understand about halving completely.
Even in the article that you have mentioned already that this moment has happened twice, so how can you make a question whether this is just a theory? Huh

vicoma
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April 27, 2020, 11:34:57 PM
 #29

It is real and this has been programmed into the Bitcoin protocol. It is not the entire supply that will be halved but the block reward. So it is not a theory but something that has been happening from the inception of Bitcoin genesis every 4 years

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April 27, 2020, 11:52:35 PM
 #30

Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts![/left]
First of all lets see what is the definition of a Theory base on Google.

Quote
a supposition or a system of ideas intended to explain something, especially one based on general principles independent of the thing to be explained.

Base on the definition, Bitcoin halving isn't considered a supposition already because the definition of it is "uncertain belief" and the event isn't considered a belief but it really is happening based on the protocol. We saw that it already happened twice so there is no point at this saying Bitcoin halving is considered a theory until now.

Well anyway, it came from a popular but trash news media. That is what I see about then and we have different opinions Smiley.

BuNga_cute
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April 28, 2020, 01:51:25 AM
 #31

Of course bitcoin is halving for real, and it happens every 4 years. This is to keep bitcoin demand high. And another fact from bitcoin halving
is every halving happens always makes the price of bitcoin go up. Can be proven from two halving that previously happened. Maybe that says
bitcoin halving is only a theory that hater who wants bitcoin to lose interest. There are so many scientific explanations now about bitcoin halving
on the internet. We can search and read it so we can make more sure of bitcoin halving.

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April 28, 2020, 01:03:43 PM
 #32

It's not a theory and it has happened before. It's part of the process how Bitcoin is designed and how it's functioning, real Bitcoin users should have known that.
To my opinion the problem is in.expectations that some users are having from halving.and that might not always be in accordance with reality. The price might not necessary rise after halving, or least not significant.

gundala
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April 28, 2020, 09:09:04 PM
 #33

I would say that this is a theory bordering on reality.
Really a painful fact for those who previously underestimated bitcoin, right?
The previous halving period showed very good price development. Although the pump does not happen instantly, it provides signs and opportunities for the market to build a big surprise. For those who get the right timing will get a big advantage when the big pump happens. In this case, timing and patience are everything, if we analyze wrongly, then we may be late or too fast so we miss a good moment.

We know that the current conditions are less favourable. But I'm still optimistic because cryptocurrency is full of surprises. Even though it's not as big as the pump before, I'm sure there will be surprises.

Oasisman
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April 28, 2020, 09:31:01 PM
 #34

Basically halving the total amount of Bitcoin in circulation.


What? Are we subtracting the number of Bitcoin in circulation estimated every 4 years? Lol after several years then there will a thousands in circulation  Cheesy

Anyway, you might want to ask the Bitcoin miners regarding your query, because basically Bitcoin block halving is cutting the block reward for the miners. So, that means, If a miner will earn 12.5BTC per block , after the halving it will decrease to just 6.25BTC per block.
Now, If the block halving is just a theory, Bitcoin should've been close to reaching the max cap of 21,000,000 by now.
Yamifoud
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April 28, 2020, 10:29:12 PM
 #35


Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts![/left]
People won't get back to cryptocurrency just only because of halving. They'll come because they want to be a part of this community but couldn't expect them to come as we are facing the crisis. The halving has come closer but looks at the market today, you can find that we just move slowly and this means that people aren't making their way to crypto adoption than living to fiat.
And it comes to realty about halving, it really happening soon and we all can benefit from this.
Cleidimar
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May 18, 2020, 07:10:41 AM
 #36

Theory. I saw a lot of messages that spoke about this. So far, none of them have been right. Wink
batang_bitcoin
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May 18, 2020, 09:05:37 AM
 #37

What's done is done and still think of it as a theory? there's a misconception on the OP of how he understood what bitcoin halving actually does. As explained well by pooya, it's not the total circulation that's being halved but the miners' reward per block. Like if you are earning $12.5 then your profit will be halved and goes like $6.25 and that's the actual rewards the miners get before and after the halving.

Theory. I saw a lot of messages that spoke about this. So far, none of them have been right. Wink
None of them? how's that?
Exolix
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May 18, 2020, 09:20:18 AM
 #38

Theory. I saw a lot of messages that spoke about this. So far, none of them have been right. Wink

please tell us how you checked this messages?

Harlot
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May 18, 2020, 09:54:00 AM
 #39

You might be confusing the term "halving" with the term "burning". Where burning occurs when a project decides to cut their own supply in order to adjust the intended demand of just burn/destroy unused or unsold cryptocurrencies from their sale, Bitcoin doesn't have this "burn" feature as it wasn't even introduced by Satoshi. Halving is totally different from burning since it doesn't cut the total supply of 21,000,000 BTC it only cuts the block rewards of miners when they are mining BTC, what it does is it essentially slows down the process for miners getting more and more of the last supply of unmined BTC.
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May 20, 2020, 09:08:30 AM
 #40

Is anything but a hypothesis but instead a reality. no matter whether we consider how individuals are utilizing digital money today, no matter whether everybody truly began utilising Bitcoin for normal use, no matter whether fiat was supplanted by fiat, Bitcoin dividing is an event that's now within the framework. that's except if you remove the online far and wide where nobody would have the choice to interface with it. Simply envision it being a line of code that's set to happen once tons of records/activities is watched. Smiley Smiley
Bitcoin halving can't be just a therory at all if you compare it with previous havlings. Probably bitcoin will show its havling effect, gradually. But i don't think, people are falling back & investing in cryptocurrency cause now they need money for manage their daily expense.

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