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Saturday, July 9, 2016

Bitcoin Halving : 3 Hours And Counting



Just 3 hours from now the Bitcoin Halving is started to happen. Everyone is watching the time eagerly.

The Bitcoin Price Index (BPI) were playing at USD650 mark only. Maybe because everyone has taken a step to stay out of the market.

What will happen next is anyone guess. No one is absolutely sure.

Friday, July 8, 2016

Can Bitcoin Goes To USD$ 1000?

What is the better pricing for Bitcoin? Which exchange rate is more suitable?  Can it goes below than USD$ 400?

Who can correctly guess it prior to second Bitcoin Halving?

Any ideas?


Thursday, July 7, 2016

What Happen To Bitcoin Price Today?

The price of Bitcoin were sharply going down today as more trader taken a quick look into the future of Bitcoin.

Some technical pundits has predicted that the price will be lower than expected as more miner will suffer on Bitcoin Halving. 

Only the big player will surely survive but for how long? No one knows.


Towards Second Bitcoin Halving

The price is rising and gearing to momentum. Could Bitcoin go beyond USD$1000 no one knows. But everyone are targetting that price.


Sunday, July 3, 2016

Bitcoin Halving Doomsday

Dear All,

9th July 2016 is the day where Bitcoin get it second halving. The first halving occur on 2012 where 50 Bitcoin per block found has been slash to half seeing new block found given a 25 Bitcoin per block.

Now the 25 Bitcoin per block will be halved again to reflect 12.5 Bitcoin per block. Based on this and the difficulties of Bitcoin algorithm, this will bring lower income to Bitcoin Miner. I'm not sure does Bitcoin Miner could absorb this when the cost ti mining is turning high including the electricity cost.

Yup... some people see it can be a lucrative benefit to Miner as the rate for Bitcoin skyrocket to USD1000 per bitcoin, I don't think it will stick longer at that rate. Maybe it will stay for a 6 month before plunging down back.

So, are you on Bitcoin Mining?



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