Lauda
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April 23, 2014, 01:06:17 PM |
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Block halving is in 2017. We will see 10k $ before this happens. I think in 2017 we have already seen 50k $.
Stop talking nonsense without doing proper research first! This is completely wrong. The ETA for the halving is in August 2016!
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Tammy Chan
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April 23, 2014, 03:19:47 PM |
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This is completely wrong. The ETA for the halving is in August 2016!
+1 With the difficulty (hashrate) continuously rising, we are finding blocks at a faster rate. Instead of 14 days, it usually takes 12-13 days to find 2016 blocks. Instead of 4 years, it takes less than that to find 210000 blocks.
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pinksheep (OP)
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April 23, 2014, 03:27:54 PM |
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so do you think the halving will happen before August 2016?
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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txbt
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April 23, 2014, 03:28:59 PM |
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When those who use their PC/laptop only for email/Skype/browsing will have a simple way of using it (and trust it also) - then BTC will go over $10000.
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1WXXstjXvsfV1U2wSVwDACqqYrpK12W3g
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boumalo
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April 23, 2014, 03:57:07 PM |
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When those who use their PC/laptop only for email/Skype/browsing will have a simple way of using it (and trust it also) - then BTC will go over $10000.
I think the faith in fiat currencies in the US and EU have to go down as well
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Zebra
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April 23, 2014, 04:06:25 PM |
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so do you think the halving will happen before August 2016?
IMO, it will. We are at block 297333 now, and the halving will happen at block 420000. So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016). If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016).
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oureptsC
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April 23, 2014, 04:25:01 PM |
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Maybe in 5-6 years? just making a random guess as it's hard to see when and if this kind of price rise will happen.
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Lauda
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April 23, 2014, 06:36:01 PM |
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so do you think the halving will happen before August 2016?
IMO, it will. We are at block 297333 now, and the halving will happen at block 420000. So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016). If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016). That's your opinion based on math from 3rd grade. Right now the ETA is around the 20th of August. In a few months it might move back to around the 10th and so on. Satoshi planned for it to happen in 2016, and we are solving blocks at a faster rate, due to which the halving is going to happen sooner.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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pinksheep (OP)
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April 23, 2014, 06:40:36 PM |
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LaudaM, the 20th August of what year?
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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Yuki1988
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April 23, 2014, 06:50:03 PM |
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Satoshi planned for it to happen in 2016
we are solving blocks at a faster rate, due to which the halving is going to happen sooner.
Isn't it the opposite case? Because we are solving blocks at a faster rate, halving will happen sooner.
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tuneman1980
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April 23, 2014, 06:52:57 PM |
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so do you think the halving will happen before August 2016?
IMO, it will. We are at block 297333 now, and the halving will happen at block 420000. So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016). If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016). The block reward adjustment is about 2 years, 4 months away. http://www.cryptocoinstats.com/
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http://cryptocoinstats.com/BTC: 19YQqtEdtuWhT6nk6ArBgMTiKMEjoJ5eww LTC: Li1RLpZm8Rx7txSnQdvZvtLMsd4XDN2vMJ FTC: 6qAU4vtyf9LPW4yV4m4Vx1jm4ZkXJHTFP7
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Lauda
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April 23, 2014, 06:56:39 PM |
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Satoshi planned for it to happen in 2016
we are solving blocks at a faster rate, due to which the halving is going to happen sooner.
Isn't it the opposite case? Because we are solving blocks at a faster rate, halving will happen sooner. Opposite case? The rate isn't that faster! It's happening as planned, only a bit faster. There is no way that we will see the halving in 2017. It will happen in mid 2016.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Velkro
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April 23, 2014, 07:24:54 PM |
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in 2024
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.cryptic.
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May 17, 2014, 06:16:30 AM |
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Going to be a long wait... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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icet208
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May 17, 2014, 06:18:33 AM |
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probably never because the $ will be no longer..
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dumbdragon
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May 17, 2014, 06:57:13 AM |
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Still waiting for it to happen... its been awhile now lol. Give it another 4 years?
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pandacoin
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May 17, 2014, 07:11:16 AM |
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I don't think we will wait much longer than 1.5 years.
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luckybitcoin777
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May 17, 2014, 09:19:50 AM |
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It might be around 2018 or 2019,,,,,, ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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bitsmichel
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May 17, 2014, 03:36:08 PM |
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Say in 1 month + 1000. It would require at least 9 months. Now the coin will fluctuate in between, say it is fluctuating 50% of the time. This would lead to 18 months or 1.5 year. I would say between 2015.5 and 2018 it could be at $10.000. If it happens, people are really going to regret it.. there will be new forum members wondering when it rises to $100.000 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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dbshck
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May 17, 2014, 04:09:51 PM |
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Well we need some event to rise the price, How ? Being legalized in some country maybe
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