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Topic: Bitcoin's price has been dropping since last December. - page 2. (Read 1664 times)

sr. member
Activity: 378
Merit: 254
No.

More people use and know about BTC than one year before

Ya but even then the price continues to drop, people are starting to loose faith in Bitcoin. The currency has been dropping at such a consistent rate, it is quite alarming.

Maybe Bitcoin's falling price is a part of its design?  It punishes greed & hoarding, see:  http://en.wikipedia.org/wiki/Demurrage_%28currency%29
sr. member
Activity: 406
Merit: 250
AltoCenter.com
It's more about the currency establishing itself rather than the currency failing, I hope !!!
full member
Activity: 186
Merit: 100
No.

More people use and know about BTC than one year before

Ya but even then the price continues to drop, people are starting to loose faith in Bitcoin. The currency has been dropping at such a consistent rate, it is quite alarming.
newbie
Activity: 35
Merit: 0
No.

More people use and know about BTC than one year before
full member
Activity: 186
Merit: 100
Last December the price of Bitcoin was around the $1000 mark, ever since then it has been dropping. Is the currency failing?
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