What Is 'The Halvening'?
The Halvening (sometimes referred to as “the halving”) is the moment when Bitcoin’s block subsidy gets cut in half. The halving of Bitcoin’s block subsidy occurs every 210,000 blocks (roughly every 4 years) and is a key feature of Bitcoin. It is because of the halving of the block subsidy that Bitcoin ultimately will have a capped supply of 21 million bitcoin.Further Reading: What Gives Bitcoin Value?The Halvening will continue to occur every 210,000 blocks until the block subsidy reaches 1 satoshi, the smallest unit of bitcoin at 0.00000001 BTC. As Bitcoin’s codebase parameters currently....
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“This is the death knell of Bitcoin. It was fun whilst it lasted. $3K here we come.” A bullish Brian Kelly of CNBC’s Fast Money said today that Bitcoin’s gains may extend to a full year after the halving — which many members of Crypto Twitter immediately took as a major sell signal.In a Nov. 12 interview on CNBC, Kelly said to host Melissa Lee that the surge of high-profile, and institutional, investors moving towards Bitcoin (BTC) could mean a bullish future for the cryptocurrency. Asked for a price prediction he instead said:“There's a lot of scope for upside. Most of the gains that come....
The much anticipated Bitcoin-Halving Day is approaching fast with less than 300 blocks to go until the reward changes for miners. Expectations for this event have been quite massive, with many predicting a surge in price. Meanwhile, others are holding events to celebrate this milestone in Bitcoin’s life. We’re Gonna Party Like It’s Block # 419,975. It....
Bitcoin Black Friday in upon us, but The Bitcoin Halving is just around the corner. In anticipation of the event, Cryptoart is excited to release a new art piece entitled "Bitcoin - The Halving" by artist Christina Hess. Additionally, Cryptoart has come up with a unique way of alleviating concerns of missed opportunity when paying with Bitcoin -- a full refund if the price of Bitcoin trades above the all time high before the Bitcoin Halving Event. "The Bitcoin Halvening" as some spell it, is an event that occurs approximately every four years and signifies a reduction in the rate in which....
In the bitcoin space memes are a popular way of showing enthusiasm within the community. Memes give people a laugh and promote bitcoin adoption in an artistic and sometimes hilarious way. As the new year approaches, Bitcoin.com gathered some of the dankest memes floating around social media this year representing everyone’s favorite digital asset. 2016....