What is the meaning of Halvening? - Page 23 - For Beginners - CryptoTalk.Org Jump to content
Black_Sword

What is the meaning of Halvening?

Recommended Posts

Good morning my friends, I do not have any idea about this topic, but I read some of your publications and I was able to take a simple idea about it .. Thank you to everyone who raises an important topic and a correct answer❤️❤️Good luck every one 

Share this post


Link to post
Share on other sites

In a halvening -- also referred to as halving -- Bitcoin rewards that go to the so-called miners that support the coin’s network drop in half in order to prevent inflation from eroding the purchasing power of the coins. In the previous reductions, the price rose about 8,000% in the year after the 2012 decrease and around 2,000% in the 18 months following the 2016 cut, according to data complied by Bloomberg

 

Share this post


Link to post
Share on other sites
On 1/7/2020 at 2:49 PM, Black_Sword said:

I read some topic in this forum and I read this term "Halvening" and I don't know what is the meaning of that, anyone can explain it so I can get an idea about it and understand also of the other new user here in this forum. Thank you in advance.

The meaning of division, which is the decrease in the amount of reward for the miners, and thus mining has become more difficult, and this leads to a large increase in currencies

Share this post


Link to post
Share on other sites

Thank you for sharing this question, because I also read the term Havening, and I do not know what it is, and now I have an idea about it

  • +1 1

Share this post


Link to post
Share on other sites

I am new here, it did not become an opportunity to get acquainted with this term
I hope all the old members are here to help us get to know him

Share this post


Link to post
Share on other sites

Halving (sometimes referred to as "halving") is the moment when Bitcoin block support is cut in half. Bitcoin block support halves every 210,000 blocks (roughly every 4 years) and is a core feature of Bitcoin. And because of the halving of block support, Bitcoin will eventually have a maximum supply of 21 million Bitcoins.

Share this post


Link to post
Share on other sites

Halvening is a term used to describe when bitcoin miners' profits are cut in half every four years in order to maximize the current value of bitcoin. Since bitcoin is restricting the amount of bitcoin in circulation, mining would be even less lucrative throughout this period.

Share this post


Link to post
Share on other sites

From time to time I m always reading that halving specially when they are talking about the price of bitcoin but the truth is even though me i dont know what is the meaning of halvening.as i read other comments still dont know the meaning.

  • +3 1

Share this post


Link to post
Share on other sites

Halving is a process of reducing new digital currencies. Specifically, Halving's speech indicates the events reducing mining masses of blocks submitted to metal.

Share this post


Link to post
Share on other sites

When we are mining we are called miners, and this mining process is a start through which we obtain a specific number, for example 50 pieces of currency when we mine it during a certain time, but after a year or two passes, the number or value that is extracted decreases in half and this indicates To him the meaning of the term halving

  • +3 1

Share this post


Link to post
Share on other sites

As for me i have been in cryptocurrency world not long ago but honestly, I haven't heard of the terms "halving" before. This is the first time i have heard that term and i believe it is something positive in cryptocurrency market.

Share this post


Link to post
Share on other sites

Hi dear 

A good question as i also have no idea about it.

But by reading the seniors members comments i am getting knowledge about it. 

Thank you all the best

Share this post


Link to post
Share on other sites

I have no information or definition about Halvining and I have not heard of it and I hope that the senior members of this forum who have experience in this field will help us as beginners and provide us with information on this subject and so that we can benefit from their experiences and experience.

Share this post


Link to post
Share on other sites

Yes Bitcoin can happen to Halving and people ask what it is? As far as I know, Halving is where Bitcoin reduces itself by half and it is likely that the price will only go up a little.

Share this post


Link to post
Share on other sites

 It's a term that indicates that bitcoin's profits have halved This happens every four years to maximize the value of bitcoin, so mining profits during this period are little or less than normal because bitcoin restricts the amount of bitcoin traded .

Share this post


Link to post
Share on other sites

Halvening is a programmed command on the blockchain, in which the bonus for miners is cut in half, and this happens every four years. It is necessary for you as a trader to know Halvening in detail.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

It is used by Bitcoin miners because halving reduces mining to half of what it was previously, which is why it is called halving. It has the potential to push the Bitcoin price to new highs.

Share this post


Link to post
Share on other sites

You raise a very important point guy because I don't know much about that before, so I also learn from this publication and all the comments from the senior and experience members of the platform, thank you so much. 

Share this post


Link to post
Share on other sites

Yes, my friend, and I also saw this word circulated by some people here in the coding forum, but I also do not know much about it. It is necessary to seek help from senior members to receive the best answer.

Share this post


Link to post
Share on other sites

thanks dear for raising this question because i also learned this term many time in the post but i am unable t know the proper meaning meaning of this term but now through readings comments of experienced and senior members i am able to know about this and i am very glad that is the platform where we can get answer of our every question thank you

Share this post


Link to post
Share on other sites

I think halvening is the event where the number of a certain coin available in the market is getting divided. Many people say that this event happen every 4 years. I hope that this halving is really beneficial and worth to wait because I am really looking forward to it so that I can gain huge profit.

 

 

Share this post


Link to post
Share on other sites

My friend regarding the information that I have, but I am not 100% sure of it, but I think that Halvening is the moment in which the price of a bitcoin is halved and it occurs in a currency in the form of every period of time, but I do not know how long it occurs. I hope that you have benefited from my information.

Share this post


Link to post
Share on other sites

Well that's the reward system provided by blockchain to miners. Definitely, it will be affected and sure even if not right after halving, some time after halving the price will be affected as well and we will see it go up, but I doubt this halving could ever affect the price like going to $100k or whatever, it will at most make it $20k once again and that's about it.

Share this post


Link to post
Share on other sites
On 1/8/2020 at 12:08 AM, Akasshh said:

A bitcoin halvening is an event that happens at intervals of 210000 blocks which is roughly once per four years when the rewards given to bitcoin miners for validation the transaction reduced by 50%. Came to know only about this 

Well, thanks for this comments, I have seen that you have some ideas about halvening, unlike many people here, we just see it but we don't know what it means, so I will read more about it to know fully what it means.

  • +1 1

Share this post


Link to post
Share on other sites

Dear Friend
Thank you for your question, but I think that we, the novices, must adhere to the limits of the forum and get a positive reputation in principle so that we are not reckless in the stock market.
I wish good luck

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • да, ситуация с эфиром приведет к парадоксу. придется отменять свое решение о признании ценными бумагами многих монет блокчейнов первого уровня. хотя и тут СЕК может как-то попытатьяся отвертеться.
    • да, читал об этом. биткоин-ЕТФ были запущены сразу после одобрения СЕК. а почему с эфирными такая задержка? не могут окончательно решить ценная бумага эфир или нет?
    • в то время нынешний уровень цены был пиком для биткоина. сейчас это всего лишь промежуточное значение и кто знает, каким будет максимум.
    • Dear Users of CryptoTalk forum we would like to inform you about the opening of a new exchange service Rebex.io! With the development of the world economy, digital assets are becoming more and more popular, and Rebex.io is proud to provide brand new tools for those who want to exchange cryptocurrency easily, quickly and safely. Our key benefits: - We offer some of the fastest and most secure transactions in the industry. -Fast exchanges you can trust. - Rebex.io supports a huge selection of cryptocurrency pairs, allowing you to choose the ones that fit your needs and goals. - We give the highest priority to the safety of your assets, giving you a guarantor to keep your money safe. - Our platform is designed to make cryptocurrency exchange as simple and convenient as possible. Even beginners will be able to navigate easily. - In order for you to make an exchange - registration is not necessary. - The exchange can be done at any time of the day or night, all for your comfort. - Prompt tech support team, which will also answer you at any time and help you solve any question and problem. Rebex.io strives to be your trusted partner in the world of cryptocurrencies by providing outstanding services and customer support. We are proud that our platform will contribute to your financial success and enrich your cryptocurrency exchange experience. Join Rebex.io today and start exchanging cryptocurrency with confidence and ease. You can learn more about our platform and services by visiting our website www.rebex.io. Our contacts: support@rebex.io  
    • XELIS (XEL) Mining Pool A new era of cryptocurrency is here. XELIS is an innovative cryptocurrency built from scratch to preserve privacy and developed in Rust for guaranteed memory security. XELIS is a private blockDAG with Homomorphic Encryption and Smart Contracts. BlockDAG + Homomorphic Encryption + Smart Contracts — join the technological revolution. SRBMiner-Multi v2.5.5+ (Windows, Linux, CPU, AMD, NVIDIA, INTEL) Open start-mining-xelis.bat file and copy / paste example below.   setx GPU_MAX_HEAP_SIZE 100 setx GPU_MAX_USE_SYNC_OBJECTS 1 setx GPU_SINGLE_ALLOC_PERCENT 100 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_MAX_SINGLE_ALLOC_PERCENT 100 setx GPU_ENABLE_LARGE_ALLOCATION 100 setx GPU_MAX_WORKGROUP_SIZE 1024 @echo off cd %~dp0 cls SRBMiner-MULTI.exe --disable-cpu --algorithm xelishash --pool de.xelis.herominers.com:1225 --wallet YOUR_XELIS_WALLET_ADDRESS.YOUR_WORKER_NAME pause   How to Mine XELIS (XEL)? Complete Beginner’s Guide
    • GamersXP is a Proof-of-Achievement (PoA) gaming reward platform that combines play-and-earn mechanics for mainstream AAA games, eSports tournaments, giveaway raffles, P2E games, and DeFi. GamersXP aims to integrate traditional gaming with Web3, providing gamers with opportunities to earn real rewards while playing their favorite games. GamersXP Products   GamersXP Reward dApp (Beta)   Gamers can earn cash and crypto by completing in-game challenges and participating in custom contests.   Integrates with popular PC games such as CS2, Fortnite, PUBG, Overwatch2, Rocket League, and Minecraft.   Download: https://www.overwolf.com/app/GamersXP-GamersXP   Upcoming Products   GamersXPBox: A hub to list games (Coming Soon)   GamersXP Giveaways Pass: Participate in giveaways by buying entry tickets (Coming Soon)   GamersXPesports: Compete in eSports tournaments to earn real rewards (Coming Soon)   GamersXPcard: Virtual card for earning and spending crypto (Coming Soon)   GamersXPID: Proof of Achievement NFT as a gaming ID (Coming Soon)   GamersXPLevelUP : LevelUp your gaming experience (Coming Soon) GMXP Token Pre-Sale Information   Token Name: GMXP   Total Supply: 800,000,000   Network: Polygon   Contract: https://polygonscan.com/token/0x6ca6f60bd339da93124ba29e4fd957aee766b1b3.   Presale URL: https://trade.kanga.exchange/a/xDPntvoy.   Pre-Sale Date: June 5th, 2024   TGE Estimation Date: July 2024   Key Points:   30 million GMXP tokens available at $0.005 per token (35% lower than public sale price).   Early investors get a 2% cashback on their investment through referral link provided by the influencer.   Influencers receive a 4% commission for transactions made through their unique referral links. Roadmap and Goals for 2024    Milestone 1 (May 2024): Raise €50-150k through private sales.    Milestone 2 (June 2024): Grow the community and implement branding changes.    Milestone 3 (June 2024): Secure partnerships with top-tier launchpads and CEXs.    Milestone 4 (July-Aug 2024): Conduct public IDOs and list the token on reputable CEXs. Core Team   CEO-CTO & Co-Founder: Christos Panayiotou - Entrepreneur x3, Crypto entrepreneur since 2014 (170+ BTC Mined), 18+ years in IT & Business.   COO & Co-Founder: George Xenophontos - Entrepreneur x2, Passionate semi-pro gamer for over 15 years.   Tokenomics and Treasury Experts: Trireme Trading Connect with GamersXP    Website: https://www.gamersxp.io/    Twitter: https://twitter.com/GamersXP_GMXP    Discord: https://discord.com/invite/yAgzJS7cuN    Telegram: https://t.me/GamersXPOfficialChat    Linkedin: https://www.linkedin.com/company/gamersxp Resources:    Pitchdeck: https://docsend.com/view/8z8bs6khve6tfuwj    Whitepaper: https://gitbook.gamersxp.io/whitepaper    Legal Opinion: https://docsend.com/view/3y3hu6zpsw7fya7f    Tokenomics: https://gitbook.gamersxp.io/whitepaper/economy/usdgmxp-token-overview-or-specifications
    • Нью-Йоркская фондовая биржа (NYSE) будет сотрудничать с CoinDesk Market Indexes для запуска продуктов, отслеживающих цены на биткойны.  Это сотрудничество станет расчетным индексом, который откроет новые возможности для торговли опционами на биткойны. Это принесет пользу традиционным трейдерам и инвесторам, использующим индекс цен биткойнов CoinDesk (XBX), самый продолжительный спотовый индекс биткойнов ( BTC ). «Поскольку традиционные учреждения и обычные инвесторы демонстрируют свой широкий энтузиазм по поводу недавнего одобрения спотовых биткойн-ETF, Нью-Йоркская фондовая биржа рада объявить о своем сотрудничестве с CoinDesk Indices», — сказал Джон Херрик, директор по продуктам New York Stock. «После одобрения регулирующих органов эти опционные контракты предоставят инвесторам доступ к важному ликвидному и прозрачному инструменту управления рисками». В настоящее время XBX отслеживает спотовую цену Биткойна в долларах США в режиме реального времени на нескольких криптобиржах. NYSE считается крупнейшей фондовой биржей в мире с рыночной капитализацией около 39 триллионов долларов . Что означает это сотрудничество Сотрудничество происходит в период позитивных настроений в отношении биткойнов, когда в начале этого года было одобрено создание спотового биткойн-ETF . Это сигнализирует о том, что NYSE хочет присоединиться к общей тенденции рынка криптовалют. Спотовый биткойн-ETF позволяет обычным инвесторам быстро получить доступ к биткойнам без непосредственной покупки и хранения криптовалюты, используя свои обычные брокерские счета. ETF предлагает более высокую ликвидность и более легкую торговлю в традиционные часы рынка. Это сотрудничество NYSE и XBX означает, что инвесторы теперь могут торговать опционами с денежным расчетом, что позволяет инвесторам хеджировать или спекулировать на изменениях цен на биткойны.  Опционы могут быть непростыми, но такая схема позволяет традиционным трейдерам Уолл-стрит торговать обычными индексами, не требуя новых финансовых инструментов или счетов. По сути, это упрощает для инвесторов процесс управления рисками и реализации передовых торговых стратегий.
    • FOXbtc - это надежный и удобный обменник криптовалют, который предлагает широкий спектр услуг для обмена криптовалют и наличных. У нас вы можете быстро и безопасно обменивать Bitcoin, Ethereum, Litecoin и другие популярные криптовалюты. Мы гарантируем высокий уровень безопасности и конфиденциальности ваших сделок. Кроме того, наш обменник работает круглосуточно, что позволяет вам обменивать криптовалюты в любое удобное для вас время. Присоединяйтесь к Foxbtc.pro уже сегодня и начните обменивать криптовалюты легко и удобно!" Контакты: E-mail - FOXbtc_pro@protonmail.com TG - @FOXbtc_pro
    • CryptoNews of the Week     – On May 23, the U.S. Securities and Exchange Commission (SEC) approved form 19b-4 applications from eight issuers of spot Ethereum exchange-traded funds (ETFs). However, trading of ETH ETFs will only commence after the SEC signs the form S-1 statements. According to Bloomberg analyst James Seyffart, this could take "weeks or months." Before trading begins, the price of Ethereum could rise to $4500, as predicted by Arthur Cheong, founder and CEO of DeFiance Capital. Commenting on the approval of spot Ethereum ETFs, JPMorgan referred to this regulatory move as a political decision ahead of the U.S. presidential elections.   – The theme of cryptocurrency continues to strengthen in the pre-election rhetoric of U.S. presidential candidates seeking votes from the crypto community, which, according to NYDIG, comprises over 46 million U.S. citizens or 22% of the adult population. Former President and Republican candidate Donald Trump reiterated his support for the industry, this time in a post on Truth Social. "I am very positive and open to crypto companies, and everything related to this new and growing industry. Our country must be a leader in this field. No second place. Dishonest Joe Biden, on the other hand, the worst president in our country's history, wants [the crypto industry] to die a slow and painful death. This will never happen under my watch!" Trump wrote.   – On May 24, the Shiba Inu dog named Kabosu, the meme hero and symbol of Dogecoin, passed away. In November, Kabosu would have turned 19 (approximate birth year - 2005). Kabosu first gained attention in 2010 when her owner posted photos of the dog on her blog. It was Kabosu who inspired programmers Billy Markus and Jackson Palmer to create the meme cryptocurrency Dogecoin in 2013. Memes featuring Doge also became popular on Reddit, where a dedicated section now boasts over 330,000 users. American politicians used the meme in their social media, and one of its most famous fans, businessman Elon Musk, even temporarily changed the logo of the social network X (formerly Twitter) to the most famous image of Kabosu used in Dogecoin.   – In one of his recent posts on the social network X, popular analyst Lark Davis forecasted bitcoin's growth to $150,000 and ethereum's to $15,000, explaining this sharp increase by the emerging market dynamics. According to Davis, the main reason for the rapid growth of these coins will be the inflow of funds already observed in spot BTC ETFs, which attract hundreds of millions of dollars daily. Spot ETH ETFs will further fuel the crypto market's enthusiasm, resulting in billions of dollars flowing daily into exchange-traded funds based on the two leading cryptocurrencies. Currently, spot bitcoin ETFs hold 2,343 coins (≈ $70 billion), about 5% of the flagship asset's circulating supply. This significant figure, according to Davis, clearly indicates the growing recognition of cryptocurrency and the interest from institutional investors, especially from the U.S.   – Strike payment service CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and potentially grow to $1 million. In a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still in its early development stage. He noted that the bond market is facing issues, so central banks might introduce a significant amount of liquidity into the financial system to stabilize it. Such an influx of liquidity will provoke a rise in the value of risky assets, including the leading cryptocurrency. Jack Mallers disagrees with the notion that bitcoin is a bubble or a speculative tool. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike government currencies and gold. "Bitcoin can be considered the hardest form of money – thanks to its fixed issuance schedule and halving events every four years. The rate of new coin issuance gradually decreases, thus increasing bitcoin's long-term value," argued the Strike CEO. The Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase demand for the first cryptocurrency. Thanks to this, Mallers believes, bitcoin can be used for everyday purchases, such as paying for a cup of coffee in a bar.   – Analysts from the financial investment company Motley Fool suggested similar figures. They hypothesized that bitcoin's rate could rise to $400,000 and might even reach $1 million. This will happen due to money inflows from institutional investors through spot BTC ETFs. Motley Fool analysts noted that more pension funds and hedge funds, managing multi-billion-dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can seamlessly include bitcoin in their investment portfolios.  According to analysts, about 700 investment companies have already invested in such funds. Nevertheless, institutional investors currently make up only about 10% of the total number of bitcoin ETF holders. Motley Fool estimates that if financial institutions invest approximately 5% of their assets in bitcoin, the first cryptocurrency's market capitalization could exceed $7 trillion, explaining its forecasted rate of $400,000.   – On the contrary, Cardano founder Charles Hoskinson expressed an opposing viewpoint. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." The Cardano founder pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the other hand, considered L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of innovation resurgence in bitcoin. Former BitMEX crypto exchange CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low usage in protocols.   – Bloomberg senior analyst Mike McGlone believes bitcoin's volatility makes it less attractive for investment compared to gold and the U.S. dollar. He also thinks that stocks will soon crash amid the anticipated recession, but BTC will suffer even more than the stock market.  The expert emphasized that the U.S. dollar-pegged stablecoin Tether (USDT) is usually traded twice as much per day as bitcoin. "I can access U.S. dollars anywhere in the world at any time from my phone with Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has switched to the dollar. Why? Because it's the least bad of all fiat currencies," McGlone argued.   – Unlike the optimism of many experts, Wall Street legend Peter Brandt felt it necessary to warn investors about a catastrophe that could arise from the launch of spot ETFs on Ethereum. "The biggest disasters in the cryptocurrency sector that are yet to come will be related to staking," Brandt believes, emphasizing the likelihood of significant financial losses and bankruptcies in the future. Staking is a way of earning cryptocurrency by "freezing" a certain number of coins in a wallet on the Proof-of-Stake (PoS) algorithm to support the network's operation. In return, the user receives rewards in the form of additional coins. Brandt noted that such assets as Ethereum are often rented out to earn this kind of income, often in the form of interest, and this reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it might attract increased attention from central banks, government treasuries, and other authorities. This will lead to stricter regulation, significantly changing the crypto space and potentially ending staking and bankrupting those involved.   – A criminal case on the largest bribes has been initiated in Russia. The former head of the Investigation Department of the police in one of Moscow's districts, a 35-year-old major, and one of his subordinate officers are accused of 10 counts of receiving bribes amounting to more than $1.5 million and 2,718 BTC ($180 million). In total, flash drives and hard drives with crypto wallets containing 5,213 BTC (about $350 million) were seized during the operation. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market     https://nordfx.com/
    • Добрый день! Мы подготовили краткий обзор на сегодняшний рынок. Биткоин (+1,13%) после просадки до $67 257 плавно возвращает утраченные позиции, а утро среды встречает на отметке $68 706. Капитализация BTC составляет $1,35 трлн. Эфир (+0,04%) по сути топчется на месте — на $3 844. На этом фоне недельная результативность ведущего альткоина просела до +1,40%. Ваш надёжный сервис обмена криптовалют cryptonet.pro
×
×
  • Create New...