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Bitcoin Forum > Economy > Economics > Speculation > Why the price goes down because of ASCIs?
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Hyena (OP)
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July 03, 2013, 03:48:56 PM
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I have one idea. What if everyone holding bitcoins started to buy ASICs and obviously paid with bitcoins? This means that the ASIC manufacturers probably sold the bitcoins in exchanges which made the price of bitcoin crash. When ASICs are delivered the buyers want their ROI and the price increases again.
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