Post
Topic
Board Bitcoin Discussion
Re: block halving date
by
richardsNY
on 03/12/2015, 13:16:57 UTC
It will happen at block 420000. Bitcoin tries to maintain it's block frequency at an average of 10 minutes in the long term but due to increase in hashrate during the midst of the difficulty term, it is impossible for it to be at 10 minutes. However, we can more or less tell where it is. It will happen at approximately 2016-07-22 UTC. Of course, if the blocks gets delayed at 419999 due to varience, it would be pushed back slightly.
with the block reward halfing pretty soon ( in like 8 months), i wonder when we are going to start seeing changes in price influenced by the halfing

It's something we simply can't predict. It can happen tomorrow, or we can start seeing the block halving bull run starts 1 or 2 months before the actual halving day. I am fairly sure we are already slowly going up due to the comming block halving. It's only waiting for the extreme bull run that can happen at any time.