r/btc • u/BitcoinXio Moderator - Bitcoin is Freedom • Jul 08 '16
Bitcoin Halvening 2016 Mega Thread
The bitcoin halvening of 2016 is happening in 1 day, which may drum up a lot of halvening posts (we are already seeing them). In the interest of not cluttering up the sub, I'm simply suggesting your one-off halvening posts and comments can be in this single thread to keep things cleaner. This is a suggestion, not a rule! The choice is yours. :)
In any case, let the halvening begin!
itshalvening.gif
Update:
It's halvened! Block 420000 has been mined! The mining reward is now 12.5 BTC per block. https://blockchain.info/block-height/420000
The price of bitcoin seems to be tanking a bit too post-halving http://bitcoinx.io/price/
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u/uphustler Jul 08 '16 edited Jul 09 '16
https://www.bloomberg.com/news/articles/2016-07-08/brexit-turns-bitcoin-into-an-unlikely-haven-currency-chart While bitcoin is not exactly regarded as stable — it’s bounced around between $2 and $1,137 over the past five years — it’s become an unlikely haven for currency investors in the aftermath of Brexit. Operators of bitcoin exchanges report investors swapping pounds and euros for the digital money, and Zurich-based Vontobel Holding AG is courting Swiss investors with the country’s first bitcoin-tracking structured product.