Bitcoin Block Reward Halving Countdown

[MrGeany 297]

Today is The day guys.

 

According to this website : https://bitcoinblockhalf.com/

Bitcoin halving will be in about 13 hours

AS you already know. this idea of reward halving is against bitcoin inflation.

There is also this Grapic

  

 

which shows us the possibilty of the inflation of bitcoin price and time.

 

As history has shown some miners leave mining bitcoins after halving cause they won't get as much profit as they did, unless the pric eof bitcoin increase  so what do you think will happen now?

 

i Dont see any other coin that can replace the profit for miner companies that they get from mining bitcoin. ETH? ETC? i dont know, i don't think so.

 

So i think lots of miners will continue mining bitcoin for that reason. And i think the Price will go much higher. which happens, according to statistics and history, several month after halving event(aprx. 3-6 month).

 

So share your views guys, what will happen and don't forget to like this topic/post if you find it interesting.

 

[BitcryptoHan 2557]

43 minutes ago, MrGeany said:

So i think lots of miners will continue mining bitcoin for that reason. And i think the Price will go much higher. which happens, according to statistics and history, several month after halving event(aprx. 3-6 month).

Miners are playing important role in blockchain security, so the price of bitcoin should be increased, so that they will not be discouraged to leave mining. 

[magd 5231]

After half, a lot of miners will be out of service, but I expect that they will move to mining for alternative currencies. They will not stop. I hope this half will be a great success for all Bitcoin fans. I hope we will not lose the big bet on Bitcoin's ability to develop and survive.

[Saboor 511]

Finally it remains 8hrs and this will be a good opportunity for those that holds bitcoin, because we gonna expect the price to rise higher than the previous halving, bitcoin is gonna soar soon

[BTC Future 3946]

Seems that nothing much has happened so far, still it is too early to tell. The ones that were waiting for the halvening to sell have sold already and it seems that price might go a little down further, but I didn't notice any major reactions, at least not yet. It is a wait and see situation right now, with short perhaps a good option. I'm expecting the dust to settle in a few weeks.

[Honny143 13612]

Bitcoin hslving later some small bitcoin miners leave the bitcoin mining field, because they can't afford the mining cost, but big miners continue their mining, but I don't think this small miner leave crypto in my opinion they swift in another way like they start doing trading are mine altcoins but they can't leave crypto perminantly.

[lharost 1526]

I think halving will be today or tomorrow at most, the price of bitcoin is decreased because halving got close and people were afraid of a huge sharp drop so they sold their bitcoin fast, but it is obvious that bitcoin now would not go down that easily this soon and I think it has more power for another leg up.

[rekter 8129]

It's really hard to predict how this goes from now on. Chart and fundaentals point out that there's a good change for price surge but this isn't necessarily happening with a similiar time frame.

37 minutes ago, lharost said:

I think halving will be today or tomorrow at most, the price of bitcoin is decreased because halving got close and people were afraid of a huge sharp drop so they sold their bitcoin fast, but it is obvious that bitcoin now would not go down that easily this soon and I think it has more power for another leg up.

What? Halving already happened like 14 hours ago.

[Soaib khan 1035]

that's true that most of the small Minor will leave bitcoin mining and if we talk about bull run it will come after some time like 8-9 months after bitcoin halving which has happened yesterday 

[Brand1 1336]

The half event that everyone was waiting for has passed through this time that the changes in currency rates were very simple and for the bitcoin market it is stable between $ 9000 and the price of $ 9800 and it is possible that the price will rise during the coming weeks and months

[Zaino34 0]

Half happened, and despite that, there were no big fluctuations in the price of bitcoin. Rather, it was stable between $ 9,000 to $ 10,000. Many people expect that the price will grow after the half-term.

I hope that this really happens and that the price exceeds $ 15,000 in the coming months

[Saj555 2250]

Of course. The price will definitely go higher within six months. And that is for sure. Because the price of the bitcoins always have grown up after the halvings. This is not new. You can analysis that. But this is also true  that some miners leave their mining. Because now after the rewards have been reduced from 12.5 btc to 6.25 btc. And miners doesn't like to work in that way so some of them leave. 

[BitcryptoHan 2557]

On 5/22/2020 at 11:35 PM, Saj555 said:

This is not new. You can analysis that. But this is also true  that some miners leave their mining.

If the price of bitcoin increase, the miners will not leave mining, some will also join to mine, so mining difficulty will increase. The bitcoin price will be the determinant. 

[Upright 2688]

The halvings of this year 2020 was really very much anticipated as on what the halvings effect can actually impact the way at which the Bitcoin network will move forward as when the halving occurs, but we still have to be patient on the move on which the halving might give on the Bitcoin valuation

[jamesvince 2389]

Now halving event done and completed now next halving event will happened on 2024 who knows we are in crypto market on that time or not. But the current situation of bitcoin is possible bullish and its price is 9478$ today high price was 9630$ it means now btc again can touch to the 9750$ soon today or few days later. 

[Mcd0d0 5882]

On 5/11/2020 at 6:25 PM, magd said:

After half, a lot of miners will be out of service, but I expect that they will move to mining for alternative currencies. They will not stop. I hope this half will be a great success for all Bitcoin fans. I hope we will not lose the big bet on Bitcoin's ability to develop and survive.

Miners will be benefited a lot of money here when the price of it will increased because miners gets a lot of bitcoins everyday and they will be getting rich when they sell it into higher price.