[2016-07-09]Bitcoin Price Drops Again as Halving Inches Closer

[BTCBinary]

Bitcoin Price Drops Again as Halving Inches Closer

The upcoming Bitcoin halving has been a subject of great debate and excitement. While the block reward will be cut in half, the number of newly minted coins per day will decrease. Bitcoin miners, on the other hand, will earn less money, depending on how the Bitcoin price evolves. But so far, it seems like market movers are pushing the Bitcoin price down, rather than up...

http://www.newsbtc.com/2016/07/08/bitcoin-price-drops-halving-inches-closer/

[1715220303]

1715220303

[OmegaStarScream]

It seems pretty stable to me , I didn't see any price decrease or increase

[TraderTimm]

All the reddit morons and other armchair newbies were predicting doom and gloom at the halvening.

Oh look, blocks are coming in at the same rate, and the price as of this posting is 640 and change.... not exactly a doomsday scenario.

[richardsNY]

Nothing special. It's a common price drop in the current market. All exciting stuff happened in June where the price reached a more than 2 year high. I think this whole month we'll keep seeing the price go up and down but it will stay above $600.