Quote from: goddyvips001 on October 01, 2014, 01:41:46 PM

Quote from: hyphymikey on October 01, 2014, 11:01:33 AM

We are going down because someone is trying hard to run miners out of business. This way they can obtain a bigger piece of the total hashrate. The longer they keep the price down the more miners that will turn off their machines and the more coins this entity will get. It's like wal mart coming in with their cheap prices trying to run all the neighborhood stores out of business to obtain the market share. How long they will be able to do this is not known.

I aggree with u

Interesting theory, I haven't heard this one before. Certainly plausible.