I just thinking to buy more machines. If that graph really goes down and with more difficulty, did calculate in bitcoinwisdom, its never ROI. 1 TH with price almost 3500 USD (include shipment and tax). How the hell people still buy more machines ?
And why its goes down ? I dont see any bad news, and china's schedule for Global Bitcoin Summit 2014 in Beijing is coming up...
Because there is a small group of people with a lot of coins who want to take us down.
It can't be more obvious. The market actually wants to go up. But every single time we go up a bit there is a big dump. Pure manipulation.
I have no idea who these people are. I'm not into conspiracies but it stinks.
The dumping occurs because of how overbought it is relative to the current downtrend midpoint, and occurs when all the traders, longs, and distributors realize that a peak is being reached and that everyone is starting to dump. They realize that now is the point where they can take the maximum profit possible (or get the most value, or realize the least loss). Then it becomes a competition. I don't think there is a conspiracy, or an evil intent.