Reasons why #Bitcoin is droping:
- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative
This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this
I think it isn't really that way,
If you would look onto it you would know that bitcoin isn't dropping down ,
If you would compare it to when it was starting the bitcoin surely has rise up so high,
No huge news? There are lots of News about it and most of them are bad so that is what causing FUD to the investors,
Not enough airdrops I think you are just waiting to receive free money without doing something.
Not enough Phd graduates on the team? then why did the bitcoin become so strong that it even survive for a long time and why do investors continues to support it even if their isn't enough PhD graduates on the team?
Team not doing bounties?Why would they? the Bitcoin is being promoted from the social media and the forum and it is spreading fast in the internet why do they have to do bounties?
Logo is not cool? so what we are not investing in the picture or logo it is whats behind the Logo that counts ,
FUD is the main reason why the value of bitcoin is dropping down ,
The investors are the reason behind it they are selling their bitcoin so the demand for it is decreasing .