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Topic: Why is the value dropping? - page 5. (Read 4324 times)

full member
Activity: 196
Merit: 100
The cheddar breed jealousy
November 02, 2014, 09:54:23 PM
#7
Only one reason really, PoW mining expense

That being one of the main reasons.
Top 5 reasons easily.
legendary
Activity: 1806
Merit: 1003
November 02, 2014, 09:48:01 PM
#6
Only one reason really, PoW mining expense
newbie
Activity: 45
Merit: 0
November 02, 2014, 09:35:17 PM
#5
Thanks, I guess that's what I wanted to know, I will look into those.
full member
Activity: 196
Merit: 100
The cheddar breed jealousy
November 02, 2014, 09:32:44 PM
#4
- mining difficulty
- btcguild being shutdown
- sheep panic selling
- whales dumping

etc, etc.
newbie
Activity: 45
Merit: 0
November 02, 2014, 09:27:25 PM
#3
There is a bunch of news surrounding bitcoin.
Conduct your own due diligence.

The reason I am asking is because I can't find out what is currently causing it, this is me "conducting my own diligence". Can someone link me to an article?
full member
Activity: 196
Merit: 100
The cheddar breed jealousy
November 02, 2014, 09:17:41 PM
#2
There is a bunch of news surrounding bitcoin.
Conduct your own due diligence.
newbie
Activity: 45
Merit: 0
November 02, 2014, 09:16:30 PM
#1
I am new to btc and just recently bought $20 worth of btc to bet sports just for fun. I am a noob but i have a value trackerwidget on my tablet and the value has been dropping the past week a lot. I am just wondering if someone can briefly explain the cause of this at the moment?
When I look at the chart it looks like it reached its peak and has been generally decreasing. Will it ever go back up?
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