Interesting information about Halving Bitcoin

[Crypto123 0]

39 minutes ago, rajonmia said:

That is really good information. But one thing  I can not understand. 2012 then 2016 then 2020... So why it's halving going 2140... Can you describe about this.?

Yes, this is easy to understand, because bitcoin every four years reduces mining rewards in half, and thus discovered bitcoin blocks will decrease in half as well. Thus, the quantity will decrease in half every four years, which means that the remaining amount needs a very long time to mine it in the year 2140.

[pakjobhelp 1585]

Yes I agree with you that crypto currency world the only one things is showed that what is next jump of bitcoins. All the crypto investor hold the bitcoins and watched the crypto market and wait for the good time and ready for exchange the bitcoins with stable coins after chasing the bitcoins high prices.

[Crypto123 0]

6 hours ago, Riyad99 said:

I think the situation will be almost the same as what we have seen in 2017 when the price of bitcoin rises so high and reaches $ 20. This time, the price of bitcoin can rise to the highest possible price, and I think it will reach over $ 20. We will see that the price of bitcoin will go up at the highest prices, and not all of us can expect to see the new highest prices

We hope that this will happen after the halving for bitcoin, as it did in 2017, when it increased to 20,000 $, but usually this will not happen immediately, and it may take several more months after the halving .

[teminalibug 309]

Just now, Alaminkpr said:

Also this is they are helpful for people who fears when bitcoin's price drops.I have written the most important things about the Bitcoin rankings.Mining will become unprofitable for the powerful crypto farms.

If mining becomes unprofitable and miners are the ones securing the transaction of bitcoin, what will happen then?

[Syedbesharat 5423]

1 hour ago, teminalibug said:

If mining becomes unprofitable and miners are the ones securing the transaction of bitcoin, what will happen then?

Then BTC mining will  goes down and less BTC comes to market .Now 1800 BTC daily adding in market.The circulating  BTC will gain more interest of people and prices goes high.Mjnners will shift to other coins like Monero ,Eth .

[Crypto123 0]

8 minutes ago, Robiul12 said:

In my opinion Bitcoin's value is likely to increase in the following halving occasion. simply because halving occasions imply much less quantity of Bitcoin is remaining about exploration, miners may battle as well as contend with one another because before.

Yes, the price of bitcoin will increase as expected after half, because the rewards of miners will be reduced to half, but no, miners will not fight with each other because there is a protocol that governs the network and cannot be disputed but the survival of the stronger who has stronger and faster mining devices is the one who will get the rewards first.

[Armcannon 858]

On my opinion what is bitcoin halving.it is the event where Bitcoin mined per blocked is being reduced by 50%.from current 12.5 reward it will become 6.25 after this upcoming halving.and it will make impact on Bitcoin price if it is for better or for worst? we can't tell yet.

[Ionescu 115]

From the information I read on the internet everytime the halving takes place the price should be pumped a lot because now it is harder to mine bitcoin and miners are also requesting higher fees 

[el-Muhammady 718]

Vital one, here is  a truly main quench for crypto society. Moreover right now is the finest time to invest some currency in bitcoin because the rate is certainly leaving down and it is pretty low non-discriminatory instantly therefore profit will thoroughly be good 

[teminalibug 309]

19 hours ago, Syedbesharat said:

Then BTC mining will  goes down and less BTC comes to market .Now 1800 BTC daily adding in market.The circulating  BTC will gain more interest of people and prices goes high.Mjnners will shift to other coins like Monero ,Eth .

But I have heard that miners are the ones imposing network fees and they are the verifiers of transaction blocks, so how will transactions work without miners?

[teminalibug 309]

9 hours ago, Ionescu said:

From the information I read on the internet everytime the halving takes place the price should be pumped a lot because now it is harder to mine bitcoin and miners are also requesting higher fees 

If it is a hard time for both miners and investors, how does the price rise, if the investors leave the bitcoin?

[Crypto123 0]

10 hours ago, Young said:

That's interesting information, so we can take advantage of this opportunity to buy bitcoin and sell it later at exploding prices. when prices go down like now we just need to hold back and patiently wait for the price of bitcoin to skyrocket.

For me, the low price of bitcoin is not a problem at all, on the contrary, it is the right time to buy and store, and then wait until prices rise. Who knows the history of bitcoin knows very well that this has happened several times in the history of bitcoin.

[Crypto123 0]

3 hours ago, wrayaner said:

We expect the general index to rise and the market to recover, so let's be positive so we must take advantage of the price of some currencies to buy enough of them and wait for the price to rise and sell them at a higher price.

Yes, after the half for bitcoin, it is highly expected that prices will rise significantly and the whole market will recover, because the rise of bitcoin always leads to the rise of other currencies and the specialization of major currencies such as Ethereum, Ripple, Litecoin, Dash, and others.

[rajonmia 181]

On 12/15/2019 at 3:43 PM, Crypto123 said:

Her is some Interesting information about Halving Bitcoin:

What is Halving Bitcoin:

It is the process of decreasing the rate of issuance of new currencies, in other words, reducing the bonuses of mining blocks provided to two bitcoin minerals

 

Halving bitcoin history:
In the past two halving events for bitcoin occurred in the year 2012 and in the year 2016, and we are on the third halving date in May of 2020, and the last halving event will be in the year 2140 where the last block will be mining on the bitcoin network and 21 million BTC will be extracted completely

1- About 18 million BTC are available on the net and only about 3 million are left to be mined

2 - The total number of Halving operations for Bitcoin is 33 operations, 2 are completed and 31 remain, and after the last Halving there will be a mining equivalent in it of only 0.58 Satoshi, which means that in the recent period the minerals will only take 0.58 Satoshi until they find the last remaining of 21 million Bitcoin

3 - After the fifth Halving expected in the year 2028, approximately 99% of the total bitcoin will be produced, and the period from 2028 to the year 2140, which is more than a century, the miners will produce only 1% of the bitcoin currency.

4 - Currently, when bitcoin mining, miners receive a reward of 12.5 bitcoins per block. In May 2020 the bonus will split from 12.5 and become half, or 6.25 bitcoins per metallic block.

5 - The number of Bitcoin mined daily is about 144 blocks per day, meaning about 1 block every 10 minutes is equivalent to 1,800 Bitcoins per day.

 

This information is collected and translated from several articles on the Internet

You just informed us like a specialist. Because Bitcoin analyser always try to find this type of information. They want to know what will exactly happen in future. Thanks brother for sharing us 

[Heroshema 0]

Its a halpful topic for new people here .. the halving will make the mining harder than any time

[Crypto123 0]

On 1/25/2020 at 7:29 PM, Crypto brave said:

There is a difference between them. Halving takes place every four years and bitcoin rewards are cut in half. As for splitting, bitcoin is splitting into two different currencies, such as happened when Bitcoin split into BCH.

 

Yes, this is completely correct, there is a difference between split and halving of Bitcoin, and there are a lot of people confusing the two things are different, the halving is the low rewards of mining and splitting or Hard Fork is Bitcoin or any other currency is divided into two different currencies from each other. Thank you.

[Aereen 456]

On 12/15/2019 at 5:43 PM, Crypto123 said:

Her is some Interesting information about Halving Bitcoin:

What is Halving Bitcoin:

It is the process of decreasing the rate of issuance of new currencies, in other words, reducing the bonuses of mining blocks provided to two bitcoin minerals

 

Halving bitcoin history:
In the past two halving events for bitcoin occurred in the year 2012 and in the year 2016, and we are on the third halving date in May of 2020, and the last halving event will be in the year 2140 where the last block will be mining on the bitcoin network and 21 million BTC will be extracted completely

1- About 18 million BTC are available on the net and only about 3 million are left to be mined

2 - The total number of Halving operations for Bitcoin is 33 operations, 2 are completed and 31 remain, and after the last Halving there will be a mining equivalent in it of only 0.58 Satoshi, which means that in the recent period the minerals will only take 0.58 Satoshi until they find the last remaining of 21 million Bitcoin

3 - After the fifth Halving expected in the year 2028, approximately 99% of the total bitcoin will be produced, and the period from 2028 to the year 2140, which is more than a century, the miners will produce only 1% of the bitcoin currency.

4 - Currently, when bitcoin mining, miners receive a reward of 12.5 bitcoins per block. In May 2020 the bonus will split from 12.5 and become half, or 6.25 bitcoins per metallic block.

5 - The number of Bitcoin mined daily is about 144 blocks per day, meaning about 1 block every 10 minutes is equivalent to 1,800 Bitcoins per day.

 

This information is collected and translated from several articles on the Internet

These informations are very useful and helpful, especially for people like me who do not really know much about what the halving is and what are the things that is going to happen when that halving comes.

[Crypto123 0]

17 minutes ago, Yomeukhere said:

Great info. The most important learning IMHO is that halving is continuously losing in importance and in influence over the behavior of the bitcoin. It's nowadays is still big, by 2028, with the 90 percent of bitcoins mined, the next halvings will be testimonials until 2140.

It has been ten years since the invention of Bitcoin and we are still discovering new and interesting information about Bitcoin and the inventor of Bitcoin Satoshi Nakamoto and I believe that there are many secrets and information that have not been revealed yet.

[fatima123 320]

Bitcoin halving event is mostly very significant for investors of the crypto market because halving take on one time after four years and gave much hipe to the price of btc. 

[Interface User 1070]

This reducing may result to the lacking of supply for Bitcoin. While miner's reward also reduces. But I think because of that halving, Bitcoin's value may increase because of few supplies. But my question here, is the reward for miners is still okay in the next halving?

[Wijayafajar06 274]

This information is very important for Cryptocurrency users and this is the best time to invest in Bitcoin because the price is quite low and waiting for the price to double to get a very big profit.

[Yanadia 1517]

Yes havling has become a provision in the Bitcoin system in order to maintain Bitcoin. We can imagine if Bitcoin circulates in a large number of scales in a short amount of time, then Bitcoin can lose value.

[Naga 1250]

11 hours ago, Ibnusmanedoz said:

Halving would change how we think about bitcoin and I am sure that we would benefit a lot from it 

i think the only thing that a lot of people care about on here is how the halving will affect the price and nothing else, they would not care about miners will suffer if the price fell bellow 12k.

[iloveyobit 6599]

9 hours ago, Sumaira aslam said:

Yes Bitcoin Halving is very important in the Bitcoin life cycle, and anyone interested in Bitcoin should know this information.

Yes, anyone who wants to understand bitcoin technically how it works, but the price of bitcoin is also a useful and very important division because with every split that occurs, the price of bitcoin rises.

[mehek380 333]

Thank you for sharing this information. Yes, we should be calm and wait for the Bitcoin price to go high and then trade it. I really didn't know about Bitcoin halving before so i just got to know about it. Thanks again.