Topic: why are profits dropping so fast? - page 3. (Read 3988 times)
because when coinwarz make one coin top big whales attacking itand killing profibility.
Because all altcoins are binded to BTC rate, that's why.
too many new user want their part, most of them are noobs that dump as a soon as a possible...
because all altcoins follow bitcoin's price.
your question should be, 'why do altcoins follow bitcoin's price?'
your question should be, 'why do altcoins follow bitcoin's price?'
More and more Scrypt asics raping the market each day with auto-exchanging profit-switching pools.
but in my opinion this won´t get far because of new coins with asic blocking features..
More and more Scrypt asics raping the market each day with auto-exchanging profit-switching pools.
in my opinion, two factors causing the drop of the price. First, the crisis of confidence for cryptocoins resulting in the insolvency of Mtgox and all the bad press/news followed by this. Second, there are tons of altcoins which are thrown on the market daily. People try to invest their fiat into those new coins hoping to get rich very fast. This fiat money is withdrawn from the stable and established one's like bitcoin.
lol 
Cause of MT. Gox crisis which had been floating and still on the surface for a while.
http://www.tweaktown.com/news/35851/mt-gox-loses-437-million-in-bitcoins-files-for-bankruptcy/index.html
http://www.tweaktown.com/news/35851/mt-gox-loses-437-million-in-bitcoins-files-for-bankruptcy/index.html
Hello Community!
I still cannot follow up why profits (coinwarz-calculator) are dropping so fast. I mean ofc the Price/BTC has dropped to nearly half. But still from day to day it gets lower.
Is it the Altcoinmarket dieng?
Is it because from day to day more and more people start to mine?
I'm running currently 7200kh/s and i dont see reaching the ROI as expected within 2 months..
I still cannot follow up why profits (coinwarz-calculator) are dropping so fast. I mean ofc the Price/BTC has dropped to nearly half. But still from day to day it gets lower.
Is it the Altcoinmarket dieng?
Is it because from day to day more and more people start to mine?
I'm running currently 7200kh/s and i dont see reaching the ROI as expected within 2 months..
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