Quote from: mrcash02 on June 27, 2016, 12:15:46 AM

Quote from: greBit on June 26, 2016, 08:36:20 PM

Quote from: traderbit on June 26, 2016, 05:15:55 PM

Quote from: langedwig on June 26, 2016, 03:42:17 PM

Could you explain what really happens on halving. How one gets profit on this day. How the BTC is used on this day to see more profit. Whom should be approached to do so?

It is not guaranteed that you will get profit immediately at the halving day because nobody knows what will happen exactly. Mostly who will be affected are the miners because their earnings will be cut in half.

yes and we cannot predict that everything will go fine at the time of halving, its full of surprises, it may go higher or lower, best option is to sell coins when we see higher price instead of holding it too long.

I think it's good to hold BTCs for a long time. No problem if its price decreases now, because in the future it will increase again (it happens many times). Bitcoin is the most trustworthy of all Cryptocurrencies and many expertises say that it will be the main coin for much time yet.

I agree with you that it is the current main cryptocurrency, however I think that can change extremely rapidly. If core doesn't implement a proper scaling solution soon bitcoin will start losing market share to altcoins. Core has been working on segwit for a long time now and they're saying that it won't be ready untill 2017, thats a looong time in the cryptoworld.