Bitcoin Price Drop Sharply

Panic is happening in Bitcoin due to it second halving coming this 9th July 2016. Price of Bitcoin drop sharply today as there are some speculation regarding the effect of miners.

There are news circulating today as miner  would abandon Bitcoin Mining as the reward became non profitable for them to continue mining.

So the nightmare were started to begin.

#2ndBitcoinHalving

Just to day before the estimated date for #2ndBitcoinHalving Bitcoin price were started gearing for momentum.

All Bitcoin expert were targetting Bitcoin price could go up till USD$1000. Hopefully it will go that high to compensate the mining cost.