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❓ASK What is Bitcoin Halving?

SatanUnleashed7

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Hello all, I am kinda confused that what actually is Bitcoin Halving. I tried looking up different articles, it is complicated for me to understand, can someone explain in easy words what the hell is this? And why it occurs after 4 years? Any guide will be helpful for me to understand this concept.
 
Naah, I don't think so brother, if we go with above statement as yours, this means that Bitcoin halving should be done all the years because price is highly volatile. I guess there is something else.
 
Bitcoin Halving simply means releasing of half of the initial value in the previous year , the Halving has been program to occur in the first quarter of four years intervals , this year interval might be a means of restricting or controlling the volume and market cap.
 
Hello all, The halving event, sometimes referred to as "the halvening", is essentially the opposite of quantitative easing so much so that some crypto enthusiasts refer to it as quantitative hardening.
As the name indicates, the halving cuts the production of bitcoin in half in such a way that mining the cryptocurrency only generates 50 per cent of the yield it used to.
 
Thank you everyone for answering my query. Just another addition to the query, that halving is done to control the market cap, why? And why only after specific time, why not on more regular basis? And more thing I learned that miners don't profit instead their profit is cut half.
 
Now you don't need to be confused at all because the having has already occurred but it had no impact at all on the prices at least not that much as was expected by us
 
I can tell you directly from "Profit point of view". See highest prifitable years came 1 year after halving or halvening year (not in halving year). Interesting fact is this after that profitable years next year is red means loss in yearly candle. Mining Fee increasing causes bitcoin price to increase forcefully every 4 years later. In picture below 2013 and 2017 are profitable years (after halving years):


images.jpeg
 
Btc halving means when the btc price become half down then the mining company called it btc halving and its made the price go up soon

I dont think so. BTC price was 14000 then it came to 7000 this year and but we all know next halving is year 2024 then what about price down next year ? if from 20000 in January and 10000 in June but the year is not marked as halvibg year. So far I know when mining fee that miners get is half they cant work so they must get another 50% for which bitcoin price must go up. I will study more and you can check out my logic too. Any tear bitcoin price may fall in half. You remember last halving was 2016 but after that may be 2018 or 2019 bitcoin price halved to $3400 only but that year was not considered as halving.
 
But

everyone said this may btc halving already occurred and it's effects going on it price increase around 5k to almost 10k..then do you think this time halving don't occur

My idea regsrding halving is less. what I know is earlier in this thread I commented with picture yearly candle every 4th year 2013 and 2017 next Ing Sha ALLAH 2021 bitcoin most profitable december month we will see. So this is profit going to max is something people want and it is effect of halving. Perhaps you are right. I just see 14000 to 6400 then 10000 then 3800 then 10000 then next downfall is coming... like this up and down but from 3800 to 10000 in short time is a good rise.
 
Not the price of BTC itself is halving, but the reward for miners is decreasing to 1/2. The miner got for every successfully mined block 12.5 BTC before halving, now it's 6.25 BTC. Halving occurs every 4 years, not every year, and is a part of bitcoin protocol to avoid inflationary behavior of the coin.

More info about halving:

https://www.investopedia.com/bitcoin-halving-4843769

https://bitcoinblockhalf.com/
 
Bitcoin halving is an event where miners reward are being cut into half. The first halving reward was 50 BTC per successful verified block. Second was 25 BTC. Third 12.5 BTC and recently this years halving, the 4th one is 6.25 BTC. As every halving takes event, the difficulty of verifying a block takes longer than usual.
 
Could it be possible that the halving is the one responsible for the rise in the transaction fee?
If mining and the reward become reduce I guess this could be responsible for hike on Bitcoin price.
It could be a possibility or influencer as it is getting difficult to verify a transaction block. We might also say that there are less miners count and more transactions queued.
 
Hello all, I am kinda confused that what actually is Bitcoin Halving. I tried looking up different articles, it is complicated for me to understand, can someone explain in easy words what the hell is this? And why it occurs after 4 years? Any guide will be helpful for me to understand this concept.
The halving is an intrinsic property of the Bitcoin system and satashi nakamoto introduced to keep the price of Bitcoin regulated. So after every 4 years the maximum amount of bitcoin you can mine in a given time becomes half as of the past years. That is as much simple as I can get it to be
 
The halving is an intrinsic property of the Bitcoin system and satashi nakamoto introduced to keep the price of Bitcoin regulated. So after every 4 years the maximum amount of bitcoin you can mine in a given time becomes half as of the past years. That is as much simple as I can get it to be
This is actually to regulate the price of bitcoin and also to control the volume of bitcoin left unmined and the ones in circulation. The higher the number of halvings the harder it will become to mine bitcoin.
 

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