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Bitcoin Forum > Economy > Economics > Speculation > What is the reason of the recent drops in Bitcoin price?
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Author Topic: What is the reason of the recent drops in Bitcoin price?  (Read 449 times)
CrystalPham
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May 23, 2018, 12:23:55 PM
 #41
Since it does not make a profit, it can not be priced in the way that most other assets can be valued. While a commodity such as gold can be used to create something of value, a Bitcoin is always left in a computer. If the ways Bitcoin is used can not be further developed, the demand for it can be reduced.
Carterwyang
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July 01, 2018, 10:06:00 PM
 #42
Too low volume on the market at the moment + a lot of FUD in general in the entire market, that is what is causing the price to drop hardly
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