Quote from: ASHLIUSZ on July 09, 2016, 02:27:25 PM

Quote from: equator on July 08, 2016, 06:43:45 AM

Quote from: Mayuyu48 on July 08, 2016, 06:30:50 AM

Quote from: grim007 on April 26, 2016, 10:13:28 AM

I will buy 1btc now.

Bitcoin halving is real, let me explain what halving really means.
Bitcoins need to be mined, like gold. Mining is done in regard to blocks, when one block is mined (mining is basically providing processing power for transactions) the miner gets a reward of x btc.
After a certain number of blocks being mined, the reward per block is halved hence the amount of btc mined per block is halved, and hence the supply.

That's the dynamics, hope it clears things up

Thank you very much for giving details about what is halving , and this halving is real as most of them are waiting for price increase in halving like what happen in last time but no one check that that halving dont got so many users what we have today so price increase for halving has happened before halving itself and now when all are getting panic of rates going down in my view after halving the price will come down to 10 - 20 % and then we can see the price rise.

The halvings impact on price has been felt since September of last year when price was hovering in the $200s. Now it has reached around $650 and we can still see a good increase in price after halving.

We will go more this year and believe me it will happen, $700, 800$, then $1,000 would be the trend, if it will not happen by the end of halving at least we can see that before the year ends.