This statement is closed.
Decision: True

December 9th or earlier the bitcoin block reward will drop to 25 BTC

When block 210,000 is reached the Bitcoin block reward will drop from 50 BTC to 25 BTC.

The timing for when this will occur can only be estimated and depends on the future rates of change in the amount of mining capacity.

If the difficulty as-of March 3rd, 2012 were to remain the same then there are 281 days left (at 144 blocks/day) before block 210,000 -- so December 9th, 2012 is the current best estimate at the time this bet was started.

Info

Opening date: March 4, 2012
Bet deadline: Nov. 11, 2012 end of day Eastern Time
Event date: Nov. 28, 2012 end of day Eastern Time
Category: Other
Total agree bets: 82.08
Total disagree bets: 5.80
Total weighted agree bets: 83303.626
Total weighted disagree bets: 20895.338