The reason for the latest drop of bitcoin is that the block size increase is too far in the future, It might affect transaction time.
What latest drop? The price is 1% up in the last week and 8% up in the last month?
The price is holding quite steady, I think the next push will take the price up to $500 or so.
There is a lot of economic and political uncertainty at the moment, something 'could' happen, like a new Leyman Brothers situation that would shoot Bitcoin massively higher, but otherwise things are ticking over, and in the right direction from a strong base!
The price rose to $460 a week ago. It is now only $420. I think people are disappointed about the block size situation.
