Reasons why Bitcoin is droping:

[soul-impact]

Lower bitcoin prices mean that some governments have banned bitcoins. This makes many people afraid that bitcoin will lose bitcoin and they do not want to keep bitcoin. Demand for bitcoin buyers is falling, causing bitcoin prices to fall.

[Ngewex Yuk]

The most sure reason is from the user, as we know that bitcoin embraces a decentralized system so it all depends on the user, when the user sells bitcoin then automatically the stock increases and the price goes down.

[cech makey1]

i agree with this many of points, day by day public interest is increasing but bitcoin price down sometimes! it's not fair situation, and bitcoin also not using any smart-contract.

[charlenedave]

The most sure reason is from the user, as we know that bitcoin embraces a decentralized system so it all depends on the user, when the user sells bitcoin then automatically the stock increases and the price goes down.

No one really knows why the price of Bitcoin is dropping but I think you have a point, the price is dependent on the people or users of Bitcoin; they are the ones who support it and they are also the one who are capable to leave it.

[posternat]

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
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BTC will surely recover and when it will recover, all the alts will recover with it also. The problem is that currently we are in a bearish run and everything negative is turning up day by day. Its only matter of time when we will see whales again collect cheap coins and start a bull run.
Many people are leaving and selling bitcoins for cheap and we never know that whales are collecting them for cheap.

[Crislyn4116]

Some of the users is being scared about the fake news in the social media. The social media is the fast way to spread a fake news. So if a users scared of the fake news they will use panic selling to go out of the risk because of the fake news.

[sammyp]

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
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In my perspective, although those factors may contribute to the drop in bitcoin price, supply and demand are other factors worth consideration. I think price is dropping because many people are selling compared to those willing to buy. This results in supply been more than demand thus the drop.

[laserfocused]

I won't dispute but I just don't think these are actually factors that will cause a coin to decline.

[Tiger Junk]

The most sure reason is from the user, as we know that bitcoin embraces a decentralized system so it all depends on the user, when the user sells bitcoin then automatically the stock increases and the price goes down.

I agree with you that selling bitcoin is one of the reasons why the price of bitcoin is dropping, for example a lot of people sell there bitcoin with a lower price that means the price of bitcoin will surely drop more, or dump more.

[jomel]

I somehow agreed with all you premises but I can also say that it is normal for the bitcoin value to be unstable. In economic, applying the law of demand and supply you will see that it is so visible for the bitcoin value to something goes down and goes up.

[KingOfWinterfell01]

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 I have to agree to some of these points, but technicality wise, there has been a drop in demand since there have been reported hacks around the world and I think this may have distorted the demand of the mass to actually buy more bitcoins.

[criss ronaldo]

This all are kind of true. For the days where it feels like normal it usually drop down. Maybe the popularity of bitcoin is not that strong enough for bitcoin value continuously rise up rather than to drop down. Or may be there are people behind to this situation to have a big opportunity to buy and invest to bitcoin. But a little amount of time it will rise again back to its normal and stable value or could rise more again.

[belalangsembah]

In my opinion, there are many reasons for bittakane dropping. Because there is no huge partnership space. Its price is very high, which is not possible by newcomers. The problem of technology, slow pace is complete. Some people are spreading propaganda about Bitcoin.

The bitcoin effect reached the lowest price this year and will increase in the period per year. And according to news from Pantera Capital news this incident is affected by the tax conditions that force sell bitcoin in large quantities

[charlemagne_15]

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
‏
 

Well, by some means I agree with that. In addition, I think bitcoin's value dropping because of people lost interest in here due to the negative news that spreading nowadays. Also, because of the reported hackers or hacking regarding to it. Selling bitcoin in the market can be a reason too. The price of bitcoin depends on the users of it.

[juiceannabel]

There are possibility that some pump and dump group do their work.
they buy bitcoin with the high price, and later they dump to make holders panic sell their bitcoin.
and they buyback with the cheaper price.

[surya12mild]

Any ups and downs will be followed by correction because there are a lot of people who are here just for the money going up and they run out as soon as they see some profit. This is the time when people just sell another coin when they get a small profit in it and keep collecting bitcoins.

[Bitcoin_trader2016]

Bitcoin price is dropping simply because there are so many people wants to sell there bitcoin and only few people only want to buy. Bitcoin is so volatile because of supply and demand.

[n0ne]

What we are experiencing is just the fluctuation, the drop happens when there is some bad news being circulated by the media and other media sources. Now it is on the urge to reach $9500, which might be reached soon making investors making it reach $10000 at the earliest.

[joebrook]

Bitcoin price is dropping simply because there are so many people wants to sell there bitcoin and only few people only want to buy. Bitcoin is so volatile because of supply and demand.

Considering the recent price slump it’s no mystery why some people are reluctant to buy bitcoins anymore. And I think there should strategic partnership too because it will help the currency grow even higher when that happens.

[Froloff92]

This is because of the news from many media, that is unbalanced information, so the opinion that develops in society makes the level of public confidence in bitcoin decreases.