Why? is the the price of BTCZ falling so much? I know all alt coins are falling, but why is BTCZ falling? Are there not enough miners or not enough market demand? OR do you think the hashing power is not going to the BTG(testnet)
I have no idea, I love BTCZ and everything the developers are doing. I am still holding and backing BTCZ, but wondering why is the price falling consistently for the past 2/3 days?
Many reasons for why people are selling:
- People buy and sell, it's natural.
- Miners selling BTCZ they've mined to buy more hardware
- Upcoming BTC fork
- We announced C-CEX, but C-CEX set up the page and isn't planning to take the coin live until Wednesday. That unfortunately caused some hype which led to disappointment
In my opinion ，Someone need more cheap chips befor this Wednesday so they must squeeze down price first，and then sale in the C-CEX on Wednesday。。