Hello when the price was $750 and when it gone down to $650 then the reason everyone was saying as the bitfinex but now once again the price is going down can I know that what is the reason?
Why do you dream at night? It's very hard to say why price fluctuation is occurring, or account for every dollar of rising/falling prices. It's fair to say that bitfinex has something to do with it, people get scared when they hear about security breaches when their money is involved. When people are selling because they're scared, they sell it for whatever they can at that minute and they cause a wave. Other people hear about a security breach, shortly after having and then they see the price dropping because of it.. They panic and don't want to see their coin become worthless so they sell out of fear too.
It's just thinning the herd.