The Bitcoin split will take place this year

[Alimhana930 1605]

The split of the bitcoin is very important because it will affect the price of the bitcoin and thus affect the market as a whole, and this matter is important to know about managing deals Of course, according to the date now, we must wait for the beginning of next year to see what will happen, as it is expected to rise and then decline.

[sarahmoses202020 251]

On 3/17/2020 at 12:07 PM, Nezar said:

Hello my friends, I will make some clarifications about the currency split that will happen this year and this explanation is directed to all people who have no idea about this topic.

The half will be in mid-May 2020 as the bitcoin mining bonus will be halved,

This will be the third event to reduce the Bitcoin bonus, which takes place almost every four years, or after every 210,000 blocks This event will start when the bitcoin block "63001" is reached which is expected to occur on May 14, 2020 The mining reward will decrease from 12.5 BTC to 6.25 BTC per block.

The first half was cut in 2012 and the block bonus decreased from 50 to 25 BTC. In 2016, the bonus fell again from 25 to 12.5 BTC.

The consensus rule and algorithm will continue by demonstrating this work around the Bitcoin chain and will continue to cut rewards for half once every four years, until the year 2140 when the last cents of 21 million bitcoins are traded. The result is that over time, fewer Bitcoins will be created each day, which reduces the overall inflation rate on the network.

We have all noticed how the rewards for miners keep getting halved. Although we expected the price to shoot high but it still hasn't catched up with the predictions. A lot of people predicted that it will get to $20000 before the end of the year and the highest we have gotten so far is $12000. We really hope that the price will soon cross that level.

[Teminali69 1081]

I heard about this a couple months before, and may is already past us, so did this great event happen already?

[Soikot1996 0]

Thanks to a crypto user server for taking this important piece of information and I hope এবং  This bitcoin semiconductor bitcoin price has been contacted at home and I have kept some bitcoin of what I am going for in this scene.

[Maaz sultan 265]

Thanks for sharing this knowledge and i just says that if any one holds his bitcoins for very long time then the price will so high and i will explain that when mining of bitcoin gives half of profit the bitcoin miners stops mining bitcoins and there some peoples which mine bitcoins , Now this is the golden time of bitcoin now the making of bitcoins will stops and the price of bitcoin will going to higher level every four years later .

[Shaza Ahmad 1682]

The idea of not inflating the bitcoin currency that Satoshi Nakamoto brought is really amazing, he provided the global economy with a currency without inflation and with the features of safety, privacy and anonymity, so that a person can own it without having a bank account, indeed Satoshi Nakamoto changed the next global economy.

[khaler 1549]

This talk is very useful. I did not know anything about this topic, but if I could, I would like a more detailed explanation, from where can I get it?

[ilkanyksl 1]

 

Yes, there is such a thing, even altcoins are trying to reduce the whale, but this year, it will not be so, the damage will not be affected by the whale, the alt coins will suffer.

[Cryptomint 433]

Yes you are right and this is also called the Halving of the Bitcoin. Am I right? And on this occasion the price also go up but in previous Halving it didn't.

[Teminali69 1081]

But that split was supposed to cause a big price bullrun that would take bitcoin to another level but we have only managed to get to 19k, is there still hope that the bull run that is related to the splitting would happen?

[Ab.Waheed 978]

Thanks bro this post is very wonderful by this we get information about bitcoin split this year . I think there is rise and falls in life so don't be worry

[khan22 3478]

In 2021 Bitcoin will take place in the world becasue i hope that the big bull is start in 2021 and the crypto market touch the sky and this time so many peoples will make huge money in the upcoming year those who hold the coins.

[Reyna 576]

Well, this is totally happens in this year and because of halving, the price of bitcoin increased by reaching the $19000 value, we can see here that before the year ends, the price of talk token will reached the $20000 and i hope it will happen.

[Flying11Horse 45]

On 9/26/2020 at 11:39 PM, Maaz sultan said:

Now this is the golden time of bitcoin now the making of bitcoins will stops and the price of bitcoin will going to higher level every four years later .

You are right , @Maaz sultan the miners have stopped mining Bitcoin because of it's high price now and due to the shortage of Bitcoin in the market the value is going higher and higher .I myself was thinking of Mining Bitcoin ,but now as the price is gone a lot higher I will mine other coins.

[Maaz sultan 265]

1 hour ago, Flying11Horse said:

You are right , @Maaz sultan the miners have stopped mining Bitcoin because of it's high price now and due to the shortage of Bitcoin in the market the value is going higher and higher .I myself was thinking of Mining Bitcoin ,but now as the price is gone a lot higher I will mine other coins.

That's great mining of any low crypto currency is most profitable at this time but the key is holding your coins as we knows that in past 5 months the prices of all the crypto currencies was goes 2x of their resistance line so , Now peoples getting more intrusive to invest on this market and if we mine any of top currency and hold it for only two years then you will see its price goes 10x higher .

[BraveHeart01 1569]

we do not know what will happen after that event happens so even if the harving occurs in bitcoin still there would be great opportunities in bitcoin to earn more and more money.

[Sykkuno 2887]

The halving of the new Bitcoins entering the market was incredible important for the price we reach today and it kickstarts bull runs, I have researched and this is the third time now that the halving creates the same conditions for a bull run and we should trust the chart and what we see, there will be more in new year and many more all time highs.

[Fixfin 2569]

So it is official, but we shouldn't make it really simple as that, the halving helps although there is need for buyers too and what is happening now the demand from institutions is what is helping the price, the miners would still be selling otherwise.

[percare 3192]

We are done for this year and I am glad I joined Bitcoin for the reason of the halving, the profits were great and now we are either moving to make better for some time or wait for another three years for the next halving and read about developments, although there is always some profit to be made, other times big and other times smaller.

[zhoutong 2188]

Fees are already giving miners 10% of their total profits in Bitcoin mining, in previous cycle this was 5% so the rise of fees helped them too except from the rise in price. The bitcoin halving, not split, made mining very profitable again and many were ready to capitulate on this.

[Frodler 943]

10 hours ago, Maaz sultan said:

That's great mining of any low crypto currency is most profitable at this time but the key is holding your coins as we knows that in past 5 months the prices of all the crypto currencies was goes 2x of their resistance line so , Now peoples getting more intrusive to invest on this market and if we mine any of top currency and hold it for only two years then you will see its price goes 10x higher .

Mining is profitable if you have the necessary tools and toys, but in the absence of these you can just choose to hold or invest because in some cases the profits are equivalent to mining 

[annayks 2314]

We had an interesting year so far and hopes are for Bitcoin to keep rising and altcoins to keep watching the dust of the bull run as most people understand lately that xrp, xlm, ethereum and more are very overpriced right now and whatever happens it will be short lived, as they only follow the price of Bitcoin movements.The halving was the most important event for 2020 and given the rewards we were expecting.

Edited December 10, 2020 by annayks

[Mella 3680]

This was very useful information so I am thanks dear. I am had the knowledge for the split of Bitcoins to the miners before I was join and I was look for the Bitcoin price for the start of the year, I am buy when it drop looking for this opportunity and I was amazed that some investors were selling this low.

[Adam adam 276]

In every bitcoin split, we would see a fictional price hike some time after the event, and we hope to see Bitcoin in the price of one hundred thousand dollars in 2021.

[cryptovlek 2597]

Good post explains perfectly everything the Bitcoin halving is about. The effect of the halving is full blown after some months as it was in the previous halving and it is moving to be very close to the 2016 chart right now in prices 20x higher from 2016. If confirmed it can bring in 2021 price changes similar to 2017.