Bitcoin Block Reward Halving Countdown

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Halving simplified. The #Bitcoin mining reward halves every 210,000 blocks (~4 years). This creates market cycles. The next halving happens in 3 months. The mining reward will drop from 12.5 to 6.25 BTC. 50% less #BTC produced. Exponential growth in users. You do the math!

Halving simplified. The #Bitcoin mining reward halves every 210,000 blocks (~4 years). This creates market cycles. The next halving happens in 3 months. The mining reward will drop from 12.5 to 6.25 BTC. 50% less #BTC produced. Exponential growth in users. You do the math! submitted by eljaboom to Bitcoin [link] [comments]

Halving simplified. The #Bitcoin mining reward halves every 210,000 blocks (~4 years). This creates market cycles. The next halving happens in 3 months. The mining reward will drop from 12.5 to 6.25 BTC. 50% less #BTC produced. Exponential growth in users. You do the math!

Halving simplified. The #Bitcoin mining reward halves every 210,000 blocks (~4 years). This creates market cycles. The next halving happens in 3 months. The mining reward will drop from 12.5 to 6.25 BTC. 50% less #BTC produced. Exponential growth in users. You do the math! submitted by BlueGod121 to u/BlueGod121 [link] [comments]

LedgerX Contracts: Bet on Next Bitcoin Mining Rewards Halving Event https://goo.gl/wdSfRU - Crypto Dynamic Info - Whales's

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next Bitcoin mining reward halving in 3+ years

I suggest waiting until the next Bitcoin mining reward halving in 3+ more years.
Try your best to ignore price until then and I guarantee you will not be disappointed.
submitted by Dude-Lebowski to btc [link] [comments]

next Bitcoin mining reward halving in 3+ years /r/btc

next Bitcoin mining reward halving in 3+ years /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

How will you behave around the time Bitcoin mining reward is halving?

Lets predict the general sentiment of people here on Bitcoin around the time of Bitcoin mining reward halving.
How do you think it will impact the people decision to buy/sell Bitcoin around that time and what do you think you are going to do around this time?
submitted by CryptopieceOfficial to Bitcoin [link] [comments]

Halved Rewards, Safe-Haven Assets, New Joining of Large Agencies | BTC Will Soar in the Fourth Quarter

Halved Rewards, Safe-Haven Assets, New Joining of Large Agencies | BTC Will Soar in the Fourth Quarter


Investors may still flutter with fear about the plunge of BTC in the early morning of Sept. 25. It has fallen more than $1,700 in three hours, a drop of more than 22%, while the decline of other cryptocurrencies was even greater. Sept. 25 is another unforgettable day for investors who have their fortunes be harvested after Sept. 4. Where will BTC’s price go next? How will investors proceed to the next layout?
Market Pullback, A Plunge of 1,700 Points in Three Hours
At about 2 a.m. on September 25, the BTC’s price fell sharply from 9,526 to 7,779 in three hours, a drop of more than 22%, which is a rare plunge in the crypto market this year. Meanwhile, top cryptocurrencies and altcoins have turned into the plunge mode with a short-term decline of 20%-30% and another decline of 700 points in BTC from 21:00 to 24:00 on Sep 26. Investors despaired and the confidence towards the market fell to the record low.

K-line of Bitcoin (Source: 58COIN Exchange)
Every time the market plunges, participants will find the reason. The reason for this decline is the pullback of the market since three rounds of the rally. The long-term liquidity at the high points is to balance the power between longs and shorts and make preparations for the halving of next year through whipsaw.
The Third Halving is Coming, Can BTC’s Price Surges to $100,000?
The Bitcoin mining rewards halve every four years and have halved twice in 2012 and 2016 respectively. It is expected that the next halving will be carried out in May 2020. Undoubtedly, the supply of BTC will reduce after halving. What’s more, if the demand remains the same, the price will fluctuate inevitably. What investors mostly concerned about is the surging opportunity brought by the third halving.
Let’s try to find some clues by reviewing the data of the previous two halvings.
The first halving occurred on November 28, 2012, when the price of bitcoin was about $11. In the six months before the halving, the price ranged from $2 to $6, and the highest price soared to $1,200 one year after the halving, 110 times the price before the halving.
The second halving time happened on July 9, 2016, when the price was about $741. In the six months before the halving, the price ranged from $200 to $350, and the highest price soared to $19,000 one and a half years after the halving, 54 times the price before the halving.
We can conclude that six months before each halving is the best time to buy bitcoin, and 12 to 18 months after halving when the price surges to the highest, during which may be the optimal selling time.

BTC Reward Halving Time and Amount
The third halving is scheduled to take place on May 19, 2020. We can boldly guess the best purchasing and selling time, they are before November 2019 and between May 2021 to November 2021 separately. The estimated earnings are at least 10 to 50 times. If calculated according to the current price of $10,000, after May 2021, the bitcoin price may surge to over $100,000.
Unstable Political and Economic Situation, BTC Becomes the New Safe-Haven Asset
In addition to the change in supply and demand caused by halving, the instability of the global political and economic situation has also led to an increase in the market’s investment in bitcoin, which has accelerated the rise in bitcoin prices.
The economic slowdown in the world’s major economies, the Sino-US trade war, the upcoming Brexit and the hyperinflation in Argentina and Venezuela — making traditional investment risky, and more people turn to safe-haven assets such as gold and bitcoin. Data shows that the price of bitcoin has increased by 262% from the lowest at the beginning of 2019.
Joining of Large Agencies Drives the Rise of Bitcoin Market
In addition to the above reasons, the gradually increased interest on digital currency from the large institutions serves as another factor driving the future rise of Bitcoin.
In February 2019, JP Morgan Chase & Co., the largest financial services organization in the United States, launched JPM Coin, a cryptocurrency used for instant settlement of payment transactions between customers.
In March, Fidelity Digital Assets (FDAS), the digital asset trading and custody arm of the Fidelity Group, which manages the world’s trillions of dollars, was launched.


On June 18, the Testnet of the cryptocurrency Libra, which was created by the global social networking giant Facebook, was launched on GitHub, and the White Paper was also released. Though Libra was opposed by the United States Senate later, it proves how influential the digital currency is.
On September 23, Bakkt, a digital currency trading platform created by the US Intercontinental Exchange (ICE), was officially launched. Although the transaction was bleak at the beginning, Bakkt’s “physical delivery” approach will become a more preferred trading platform for institutions and large capital holders.
It is predictable that with the increasing scope of the digital asset recognition, more traditional financial giants will join the cryptocurrency realm and launch their featured products. Of course, the higher the attention of Bitcoin got from the global financial giants, the higher its price will be.
Bitcoin may not be the “rich creator” as it was several years ago, however, there is no doubt that the Bitcoin price will rise steadily over time with the relaxation of regulation, the rival between institutions, and the construction of the industry infrastructure, making bitcoin more close to digital gold.
If you are a person who believes in Bitcoin, currently, it is the best time to buy. If you do not know how to buy, go trade on 58COIN Exchange (www.58ex.com). If you are a conservative investor and want to get bitcoin steadily, buy the Cloud Mining and earn a certain amount of BTC every day through mining in the pool. To get it faster, you can purchase BTC through spot trading. Since the platform has launched the “zero fees” activity in the spot trading area, you can catch the chance and save the transaction fee.
Of course, time will judge the correctness of the price prediction. Investors should be aware that investing in digital currencies may involve substantial risk, please conduct your research when making a decision.
Website: https://www.58ex.com/
Twitter: https://twitter.com/58_coin
Facebook: https://www.facebook.com/coin.58COIN
Telegram: https://t.me/official58
Medium: https://medium.com/@58coin_blog
submitted by 58CoinExchange to u/58CoinExchange [link] [comments]

Mining bitcoin vs buying bitcoin

If you bought bitcoin one year ago today you would have made more money than if you bought an equivalent amount of mining shares. That is because bitcoins price has risen so dramatically, otherwise mining would have made more profit. So my question is at this point in time do you see mining being more worth it or buying bitcoin?
When buying bitcoin your looking for the price to rise and that's how you make your profit. If the price goes to a stand still you will be making no profit. I personally don't see the price of bitcoin coming to a standstill anytime within the next 3 years. This is important because the rate in which blocks are released to mine will halve in roughly 3 years (13th June 2020). Therefore you'll be mining half the amount of bitcoin essentially, making mining shares much less profitable at that point, but at the same time making bitcoin rarer so increasing the price.
I believe at this point buying bitcoin is the smarter option. I would like people to come up with reasons to disagree with me as I'm not totally sure. But here are my reasons why I believe holding bitcoin is better: •I believe bitcoin is in a stage of growth because it's not yet widely adopted. Fun fact there aren't enough bitcoin for every millionaire to have 1 bitcoin, theoretically this means bitcoins price could rise above £1 million per BTC. That's bad for mining as you wouldn't get nearly the same profit. •When the bitcoin mining reward halves. Bitcoins price should go up while mining will be half as profitable. •When bitcoin rises in price you'll make more profit than if you were mining. Keep in mind when mining bitcoin the price of that bitcoin still rises(if you mine 1 bitcoin one year then the next year if goes up x10 in price, that 0.1 will be worth x10 as much) •If mining companies come to the conclusions it's no longer profitable, there will be no more mining. •There are fake mining companies out there putting people at risk of losing their money, that risk is gone if you simply buy bitcoin. •If you buy mining shares your money is locked into that. So if you see an ICO with great potential but you've got no capital you won't be able to invest. •Bitcoin seems to be in the habit of branching out at the moment to bitcoin cash etc. If this happens again you have the bonus of getting some of that for free.
Just a little tip, if you do decide to buy mining shares I suggest looking at the maths very closely. Some companies have different systems which vary on effectiveness depending on whether you have large amounts of money in it or small.
For me it's all down to speculating the market and what could happen. All you can do is make a good guess but I would appreciate someone giving their input.
submitted by Wakeford2000 to BitcoinMining [link] [comments]

Mining Bitcoin VS Holding Bitcoin

If you bought bitcoin one year ago today you would have made more money than if you bought an equivalent amount of mining shares. That is because bitcoins price has risen so dramatically, otherwise mining would have made more profit. So my question is at this point in time do you see mining being more worth it or buying bitcoin?
When buying bitcoin your looking for the price to rise and that's how you make your profit. If the price goes to a stand still you will be making no profit. I personally don't see the price of bitcoin coming to a standstill anytime within the next 3 years. This is important because the rate in which blocks are released to mine will halve in roughly 3 years (13th June 2020). Therefore you'll be mining half the amount of bitcoin essentially, making mining shares much less profitable at that point, but at the same time making bitcoin rarer so increasing the price.
I believe at this point buying bitcoin is the smarter option. I would like people to come up with reasons to disagree with me as I'm not totally sure. But here are my reasons why I believe holding bitcoin is better: •I believe bitcoin is in a stage of growth because it's not yet widely adopted. Fun fact there aren't enough bitcoin for every millionaire to have 1 bitcoin, theoretically this means bitcoins price could rise above £1 million per BTC. That's bad for mining as you wouldn't get nearly the same profit. •When the bitcoin mining reward halves. Bitcoins price should go up while mining will be half as profitable. •When bitcoin rises in price you'll make more profit than if you were mining. Keep in mind when mining bitcoin the price of that bitcoin still rises(if you mine 1 bitcoin one year then the next year if goes up x10 in price, that 0.1 will be worth x10 as much) •If mining companies come to the conclusions it's no longer profitable, there will be no more mining. •There are fake mining companies out there putting people at risk of losing their money, that risk is gone if you simply buy bitcoin. •If you buy mining shares your money is locked into that. So if you see an ICO with great potential but you've got no capital you won't be able to invest. •Bitcoin seems to be in the habit of branching out at the moment to bitcoin cash etc. If this happens again you have the bonus of getting some of that for free.
Just a little tip, if you do decide to buy mining shares I suggest looking at the maths very closely. Some companies have different systems which vary on effectiveness depending on whether you have large amounts of money in it or small.
For me it's all down to speculating the market and what could happen. All you can do is make a good guess but I would appreciate someone giving their input.
submitted by Wakeford2000 to Bitcoin [link] [comments]

How Adoption Will Look Next Year and Beyond

How Adoption Will Look Next Year and Beyond
One prediction was that banks and financial institutions would become increasingly interested in blockchain-based solutions, particularly for cross-border payments. This was borne out by the adoption or trialling of blockchain-based cross-border payments systems by, among others, HSBC, Wells Fargo, Standard Chartered, Mastercard, 60 banks in Latin America, Abu Dhabi Commercial Bank, the Bank of Thailand, the National Bank of Cambodia, and by Deutsche Bank and other banks joining JPMorgan's Interbank Information Network.
Another prediction was that security tokens would rise in prominence. This has been proven true to some extent, insofar as there have been more security token offerings (STOs) in 2019 than there were in 2018, with the total for the first half of the year (55) outnumbering the total for all of its predecessor (35).
Lastly, one other big prediction was that many of the big initial coin offerings (ICOs) of 2018 (and 2017) would actually begin launching their products in 2019, something which would usher in greater adoption. Once again, this has only been partly true: the mainnets of Filecoin and Hdac (two of the five biggest ICOs of 2017) are still waiting to be launched next year, while Sirin Labs (another of the 2017 big five) ended up axing 25% of its staff after disappointing sales of its Finney smartphone.
2020: halving, DeFi, payments and gaming
So what is likely to be big, or at least get bigger, in 2020? Well, perhaps the biggest milestone on the horizon is the Bitcoin mining reward halving due to take place in May, something which experts believe will increase demand for the cryptocurrency.
Bitcoin analyst Simon Dingle tells Cryptonews.com, "This will further restrict supply, and I expect demand for Bitcoin to continue increasing throughout the year."
One other potential winner is decentralized finance (DeFi). This sub-sector has already witnessed some gains in 2019, but crypto analyst Lou Kerner thinks one particular event taking place towards the end of November will set it up for a very good 2020.
"I think Multi-Collateral Dai, coming out November 18th, will be a major milestone in DeFi," he tells Cryptonews.com. "New features include the Dai Savings Rate (DSR), which establishes an entirely new dimension for innovative Maker protocol integrations on the backend of DeFi dapps (decentralized apps)."
Blockchain-based payment networks and platforms are also likely to see more use, with other companies likely to follow Facebook's lead in announcing their own versions of Libra, which itself is scheduled to be launched next year (conditions permitting).
"We believe that there will be substantial growth in payment related blockchain projects and payment-oriented cryptocurrencies in 2020," says Filipe Castro, the CIO at crypto payments service Utrust.
"This expected growth is due to multiple factors including the expansion and diversification of stablecoin models, new private and government-led central bank digital currency initiatives (Libra, e-Yuan) and sheer market size."
(Learn more: Payments is the Main Battleground for Banks Amid Bitcoin Rise)
Charles Phan of crypto exchange Interdax believes that two slightly less hyped up areas will grow in 2020."Gaming is another area of crypto that is gaining traction," he tells Cryptonews.com.
"With the roll-out of the Lightning Network we have seen Lightnite, a Fortnite-inspired game where players can earn a small amount of bitcoins. Recently, the venture arm of Blockchain (one of the biggest cryptocurrency companies in the world) invested in the blockchain game technology firm Enjin which shows that they think the crypto-gaming play is likely to be profitable."
Phan also thinks that cryptocurrencies belonging to exchanges, such as Binance Coin and Huobi Token, will grow. "Exchange tokens are likely to continue to display strength in 2020 as more traders enter the crypto ecosystem and exchanges continue to innovate," he adds. "These tokens incentivise traders to provide liquidity to the platform and reward them with lower trading fees."
https://preview.redd.it/0bptjfrwltx31.png?width=550&format=png&auto=webp&s=98e1f5cb3f384b9849e3cc2517f6b16b767e0e4d

Beyond 2020: central coins and global recession fueled adoption

Looking further into the future, one more element of the crypto ecosystem is likely to enjoy wider adoption over the next decade.
"Central bank digital currencies (CBDCs) will gain traction as an idea and we may even see one launch, with China and Switzerland the most likely to take the lead in this regard," predicts Vaibhav Kadikar, the founder and CEO of decentralized prediction market platform CloseCross.
But as Charles Phan explains, this will take more than one year, due to the cumbersome and cautious nature of central banks and governments.
"We are looking at a timescale of five years according to IBM and the Official Monetary Institutions Forum, while ING’s chief economist predicted that we’ll see a CBDC from a G20 country in the next 2-3 years," he says.
And more generally, coming years could speed up cryptocurrency ownership, particularly if regional and/or global recessions occur.
"I don't know when, but eventually we will have to pay the price for central banks printing money on overdrive, while debt has escalated to unimaginable levels," says Simon Dingle. "A massive global recession is on the cards, and when it arrives we should see a whole new appreciation for deflationary and decentralized cryptocurrency."
submitted by dwoinik to u/dwoinik [link] [comments]

The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 12.5 to 6.25 coins in 57 days.

submitted by terminator57 to Bitcoin [link] [comments]

VIDEO: All Eyes on Historic First Bitcoin Cash Halving of its Mining Block Reward LIVE 10am EST

VIDEO: All Eyes on Historic First Bitcoin Cash Halving of its Mining Block Reward LIVE 10am EST submitted by afriendofsatoshi to btc [link] [comments]

The Bitcoin Cash Network's Block Reward Officially Halved - Block 630,000 Mined

The Bitcoin Cash Network's Block Reward Officially Halved - Block 630,000 Mined submitted by jamieBitcoinDotCom to btc [link] [comments]

#Bitcoin blockchain experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, marking another milestone in Bitcoin's 11-year history. The #mining reward has reduced from 12.5 #BTC per block to 6.25 BTC.

#Bitcoin blockchain experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, marking another milestone in Bitcoin's 11-year history. The #mining reward has reduced from 12.5 #BTC per block to 6.25 BTC. submitted by Tokenncoin to Tokenncoin [link] [comments]

Bitcoin Halving Arrives: Mining Rewards Drop for Third Time in History

Bitcoin Halving Arrives: Mining Rewards Drop for Third Time in History submitted by bprogramming to bprogramming [link] [comments]

Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History

Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History submitted by Acrobatic_Peak to BitcoinLiveNews [link] [comments]

Primer on how interactions between COVID-19 supply chain interruption and the upcoming block reward halving could potentially impact the Bitcoin mining industry

Primer on how interactions between COVID-19 supply chain interruption and the upcoming block reward halving could potentially impact the Bitcoin mining industry submitted by FiniteRegress to economy [link] [comments]

Satoshi Nakaboto: ‘Third Bitcoin halving in history executed, cutting mining rewards in half’

Satoshi Nakaboto: ‘Third Bitcoin halving in history executed, cutting mining rewards in half’ submitted by Ranzware to Ranzware [link] [comments]

@binance: Block 629,999, the last 12.5 #Bitcoin reward block prior to the halving, contained the message: "�R🐟NYTimes 09/Apr/2020 With $2.3T Injection, Fed's Plan Far Exceeds 2008 Rescue Mined �^H"

@binance: Block 629,999, the last 12.5 #Bitcoin reward block prior to the halving, contained the message: submitted by rulesforrebels to BinanceTrading [link] [comments]

Bitcoin Halving Arrives: Mining Rewards Drop for Third Time in History

submitted by Acrobatic_Peak to BitcoinLiveNews [link] [comments]

Bitcoin is Up 1500% Since Last BTC Block Reward Mining Halving

Bitcoin is Up 1500% Since Last BTC Block Reward Mining Halving submitted by bitcoinexchangeguide to BitcoinExchangeGuide [link] [comments]

VIDEO: All Eyes on Historic First Bitcoin Cash Halving of its Mining Block Reward LIVE 10am EST

VIDEO: All Eyes on Historic First Bitcoin Cash Halving of its Mining Block Reward LIVE 10am EST submitted by afriendofsatoshi to Bitcoincash [link] [comments]

The World Of Bitcoin And The Next Mining Reward Halving Bitcoin Halving 2020 Price Prediction $55,000 - $130,000 ... Bitcoin Q&A: What Will Be The Effect Of The 2020 Halving? The Bitcoin Halving 2020: You MUST WATCH  MASSIVE SUPPLY ... Bitcoin Block Reward Halving  What is it, and why is it HUGE for BTC Buyers & Miners

Bitcoin is now trading for $6,600 and the network is set to see a block reward reduction from 12.5 BTC per block to only 6.25 BTC in 50 days. Give or take a week or so, the protocol has halved ... Bitcoin halved on May 11, 2020, around 3 pm est. A Bitcoin halving event is when the reward for mining Bitcoin transactions is cut in half. This event also cuts in half Bitcoin's inflation rate ... The reward for mining bitcoin will halve in May 2020. The price should rise to pay miners for their smaller haul of new btcoin. This happened at the last halvening in July 2016. When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). First time accepted submitter ASDFnz writes "The reward for successfully completing a block (also called mining) is about to halve from 50 bitcoins to 25.From the article: 'Bitcoin is built so that this reward is halved every 210,000 blocks solved. The idea is as bitcoin grows the transaction fees become the main part of the reward and the introduction of new bitcoins slows down to a trickle.

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The World Of Bitcoin And The Next Mining Reward Halving

Today we explain bitcoin halving and predictions for 2020. ... receive a mining reward in the form of Bitcoins for each block recorded the amount of Bitcoins rewarded for each block decreases with ... The Bitcoin halving of 2020 is almost upon us! What is the Bitcoin halving? Will Bitcoin's price pump?? What does the Bitcoin halving mean for you!?! Let's d... Bitcoin is now halving for the third time, on May 11th, 2020. The block reward halving is HUGE for buyers and miners of BTC, find out why! Subscribe to VoskCoin for more Bitcoin videos - http ... Can the halving create mining monopolies by making smaller operations unprofitable? Is the cut in rewards harder on smaller mining operations? How will the halving affect the price of bitcoin? In ... As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving. Why was this done? - Bitcoin was designed as a deflationary currency.

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