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Author Topic: What will happen the 5th september after block reward halving?  (Read 600 times)

Offline yogg

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What will happen the 5th september after block reward halving?
« on: August 30, 2013, 05:38:09 AM »
Well, I'm not sure.
I see two possibilities :
- Value of the coin goes up, due to the halving and the fact they are getting more and more scarce sor they rise in value.
- Reward drops => Not profitable to mine anymore => Ciommunity loses interest in IFC => Value of the coin drops.

I'd love to avoid the 2nd possibility

What do you think ?
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Offline Hippie Tech

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Re: What will happen the 5th september after block reward halving?
« Reply #1 on: August 30, 2013, 10:52:14 AM »
This coin will die if the hashrate doesn't become the solid foundation it needs to be in order to go critical mass. For this to happen, the difficulty changes must be adjusted so the mulit pools won't have it so easy.

We also need to this make Vircurex because Cryptsy is having a hayday messing with the miner's minds. :/
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Offline c1010010

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Re: What will happen the 5th september after block reward halving?
« Reply #2 on: September 03, 2013, 08:38:22 AM »
Tic... tic... tick...

Last few days before the halfing. :)
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Offline c1010010

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Re: What will happen the 5th september after block reward halving?
« Reply #3 on: September 05, 2013, 06:34:36 AM »
So what happened... it didn't halve?

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Offline rifter390

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Re: What will happen the 5th september after block reward halving?
« Reply #4 on: September 05, 2013, 01:44:29 PM »
Ya wtf happened? 
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Offline Sustainable

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Re: What will happen the 5th september after block reward halving?
« Reply #5 on: September 05, 2013, 06:00:48 PM »
Yeah whats going on guys lol 
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Offline Hippie Tech

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Re: What will happen the 5th september after block reward halving?
« Reply #6 on: September 05, 2013, 09:29:32 PM »
Quote from: c1010010 on September 05, 2013, 06:34:36 AM
So what happened... it didn't halve?



We need to hit 3x 86400 blocks. lol

The minting has drastically slowed and probably has alot to do with the price dropping as it has. A 17 mhash network just wont cut it.

Thank the coin hoppin bastards for that.
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Offline c1010010

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Re: What will happen the 5th september after block reward halving?
« Reply #7 on: September 06, 2013, 08:52:26 AM »
Uhm, yea... where did everybody go?



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