What does mean "halving" actually?

[CaVO32]

i have seen too many places about bitcoin halving but nowhere found a good understanding. so wanted a clear explanation.

Halving is the cutting down of the miner's block reward into half which will cause the reduction of the allocation rate of new coins generated daily and miners reward but halving was the technique used in crypto to current price/market inflation and for the betterment of the market price.

I hope the OP already read the post of coingecko as the graph will give him a clear understanding on what is happening during halving. But would be nice to see also the corresponding price on the graph so we will see how much bitcoin's price changes during those times of halving. Though we already know that the price really increased after halving but this time, I don't think the performance in terms of increase will be similar in previous halvings.

[muratsink]

I think actually fro halving to see bitcoin back to higher price, what for waiting more than four years if bitcoin keep the same in lower price. Halving become good moment to get much profit by investing one week before halving and selling one day before halving time, never waiting for selling after halving because price can dump.

[Yatsan]

i have seen too many places about bitcoin halving but nowhere found a good understanding. so wanted a clear explanation.

Halving is the cutting down of the miner's block reward into half which will cause the reduction of the allocation rate of new coins generated daily and miners reward but halving was the technique used in crypto to current price/market inflation and for the betterment of the market price.

I hope the OP already read the post of coingecko as the graph will give him a clear understanding on what is happening during halving. But would be nice to see also the corresponding price on the graph so we will see how much bitcoin's price changes during those times of halving. Though we already know that the price really increased after halving but this time, I don't think the performance in terms of increase will be similar in previous halvings.

it is not going to be similar cause it can surpass the past increase?    If you are going to look at the chart and see the history for halving there's always a pump every halving and this time it's actually happening again! If you are updated at the price of bitcoin is jumps from 6900 to 8700 in just one week! So I am sure that the halving this year is gonna be awesome and will actually surpass the past halving's when it comes to bitcoin price. 

[hulla]

i have seen too many places about bitcoin halving but nowhere found a good understanding. so wanted a clear explanation.

Halving is the cutting down of the miner's block reward into half which will cause the reduction of the allocation rate of new coins generated daily and miners reward but halving was the technique used in crypto to current price/market inflation and for the betterment of the market price.

I hope the OP already read the post of coingecko as the graph will give him a clear understanding of what is happening during halving. But would be nice to see also the corresponding price on the graph so we will see how much bitcoin's price changes during those times of halving. Though we already know that the price really increased after halving but this time, I don't think the performance in terms of increase will be similar in previous halvings.

it is not going to be similar cause it can surpass the past increase?    If you are going to look at the chart and see the history for halving there's always a pump every halving and this time it's actually happening again! If you are updated at the price of bitcoin is jumps from 6900 to 8700 in just one week! So I am sure that the halving this year is gonna be awesome and will actually surpass the past halving's when it comes to bitcoin price. 

I also believe this halving market not to be similar with the previous halving market but before making any conclusion i think we also need to put into consideration the thing that may hinder the increase in the price of the market after halving but i still expect/believe the price will increase and may not be as we thought about.

[pooya87]

I also believe this halving market not to be similar with the previous halving market but before making any conclusion i think we also need to put into consideration the thing that may hinder the increase in the price of the market after halving but i still expect/believe the price will increase and may not be as we thought about.

things are actually very similar to the previous two times but only on a smaller scale because currently there still is a lot of fear in the market otherwise the pre-halving manipulation and accumulation phases were executed the same way and currently we are on a similar rising path too. in about 10 days if we see a drop then the cycle would be complete until (1-2 days later) halving itself happens and then after a couple of weeks the big rises begin for good.

[LUCKMCFLY]

In general terms, it must be seen as a reduction to the mining reward, in economics it can be interpreted as trying much more to not lose the income that had been brought over 4 years ago, as it is limited in number, you must continue working much more to get benefits.

According to PlanB:

“IMO #bitcoin 2020 halving will be like 2012 & 2016. As per S2F model I expect 10x price (order of magnitude, not precise) 1–2 yrs after the halving. Halving will be make-or-break for S2F model. I hope this halving will teach us more about underlying fundamentals & network effects.”

And the evolution can be taken into account like this:

[img] https://i.imgur.com/RKUzyUt.png [/ img]

Source: https://cointelegraph.com/news/bitcoin-on-chain-data-suggests-miners-expect-halving-to-pump-btc-price

Which for many miners if not enough can represent losses, but this may be an opportunity for some more miners, it is all a matter of seeing what opportunities there are for profit opportunities.

[Sanugarid]

I hope the OP already read the post of coingecko as the graph will give him a clear understanding on what is happening during halving. But would be nice to see also the corresponding price on the graph so we will see how much bitcoin's price changes during those times of halving. Though we already know that the price really increased after halving but this time, I don't think the performance in terms of increase will be similar in previous halvings.

it is not going to be similar cause it can surpass the past increase?    If you are going to look at the chart and see the history for halving there's always a pump every halving and this time it's actually happening again! If you are updated at the price of bitcoin is jumps from 6900 to 8700 in just one week! So I am sure that the halving this year is gonna be awesome and will actually surpass the past halving's when it comes to bitcoin price. 

I do not intend to break your optimism about the halving that will occur next week, the past halving which occurred last 2016 is very different especially to the price, the price of bitcoin back then is less than a thousand dollars so it won't be surprising at all to reach it around $1000 to $15000 after a year which is I'm skeptical right now, if we base our speculation from that then we are suppose to have a new ATH this year. Nevertheless I'm hoping that this year's halving will result in greatness which is what we need in times where its neighbor market is down, it's time to shine for bitcoin.

[hulla]

I also believe this halving market not to be similar with the previous halving market but before making any conclusion i think we also need to put into consideration the thing that may hinder the increase in the price of the market after halving but i still expect/believe the price will increase and may not be as we thought about.

things are actually very similar to the previous two times but only on a smaller scale because currently there still is a lot of fear in the market otherwise the pre-halving manipulation and accumulation phases were executed the same way and currently we are on a similar rising path too. in about 10 days if we see a drop then the cycle would be complete until (1-2 days later) halving itself happens and then after a couple of weeks the big rises begin for good.

Ok but if the cycle you claimed complete while the fear in the market is strong enough to cause panic sell there's still chance that this year halving maybe disappointed. Besides, i read a thread on this forum acouple of days back which stated that some whales believe this year halving be a nonevent.

[Lanatsa]

i have seen too many places about bitcoin halving but nowhere found a good understanding. so wanted a clear explanation.

Simple search would be needed but i would do it for you;

https://www.coindesk.com/bitcoin-halving-explainer
https://www.youtube.com/watch?v=nPIQdoIEGVc

These are good places for you to read and watch about bitcoin halving which do explains it all.Hope you would able to get clear explanation from them.