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Happy Bitcoin Halving!

Discussion in 'Blockchain, Bitcoin and Cryptocurrencies' started by Scott7, May 12, 2020.

  1. Scott7

    Scott7 Membership: Trader

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    The countdown to the third Bitcoin halving is on. The last of the 12.5 BTC reward blocks is about to be mined. For the next four years, the block reward is down to just 6.25 BTC per block.
    Bitcoin Halving Rocket Launch Countdown
     
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  2. Data Glasses

    Data Glasses Membership: VIP

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    It was very close to "normal" price only a week ago, seems to be doing better than many of the shares
     
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  3. Horshack

    Horshack Membership: Community

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    What happens when they are all mined?
     
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  4. Scott7

    Scott7 Membership: Trader

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    That will happen around the year 2140. At that point, there will be no block reward as there will be no new Bitcoins to be mined. Miners will then earn income solely from the transaction fees included in each block that they uncover.
     
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  5. Data Glasses

    Data Glasses Membership: VIP

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    I'll be 276 by then, probably too old to enjoy it ..... hopefully my robot clone has some fun
     
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  6. Scott7

    Scott7 Membership: Trader

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    I must say, Rod, you're in good nick for a 156 year old. :D
     
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  7. Data Glasses

    Data Glasses Membership: VIP

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    LOL ........ back to school for me, anyways let me be the first to welcome our new Robot Overlords (here before 2140)
     
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  8. Data Glasses

    Data Glasses Membership: VIP

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    The price hasn't dropped, Max Keiser is quite bulish on its future
     
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  9. Scott7

    Scott7 Membership: Trader

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    Max has been a bullish promoter of Bitcoin since the price was 3 USD. So far, so good.
     
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  10. Data Glasses

    Data Glasses Membership: VIP

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    He must have heaps I'm guessing