Re: Possible reason why Bitcoin price is decreasing for last few days
This was not a question and let me give the possible reason. There is no major negative news and thus it is not because of it. There are next gen of ASCIs which had made mining easier. These are being tested by some pools and cost of mining btc is reduced because of this. They can thus sell for less and thus prices have reduced.
I think those miners won't last that long. Sooner or later, there will be a banning again in mining and that will help bitcoin increase its price. Also, I think what you meant was ASIC miners because I already tried google. I asume that these types of mining rigs are quite expensive and therefore it needs a capital. To that end, I really abhors the price of bitcoin today because I hodl some. 