Reasons why Bitcoin is droping:

[ahmad21]

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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Haha bitcoin doesn't has a team which controls everything like we have for other coins. I mean the creator himself is no where and the rest of the people making improvements to it are just volunteers. How do you expect volunteers to run bounties or airdrop to popularize something they don't even own. Even if they do so how can you really expect them to enter into agreements on behalf of bitcoin?

Yes I agree with you bitcoin is like a social venture which is decentralized without any central head. So all the improvements is done merely by volunteers. Moreover any news really makes the coin lot volatile because there is no official team to verify the news as to its validity.

[darkfox12]

Unnecessary FUD, people taking early profits, and very sensualized articles scaring everyone.

[Kemarit]

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'm not going to take the reasons seriously. Its utterly garbage for me. The reason for the price of bitcoin getting stalled ad of today because of FUD. What has the LOGO something to do with the price? Satoshi has not been in communication years ago already. Bounties? WTF? He is just trolling. I would have agree if the authors say about the cost of transaction is really affecting the price, but the reasons above? Nah.. We have to remember that the market is based on pure speculation. If there is a negative news, verified or not, investors will shy away from flocking to the market. Read all about the South Korean FUD and decide for yourself if the news contributed to the roller coaster ride that we are experiencing.

[Slow death]

Billionaire "Warren Buffet" said "Bitcoin will end up badly" 

And does he have superpowers to see the future or is he is some wizard who has crystal balls? as I did not see him show any of the things (superpowers or crystal ball) then he is equal to all of us who make price forecast, nothing more.

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

 

I see it all as a big joke, these are requirements for altcoins, bitcoin has already conquered your space and bitcoin has real-life use.

[dmamigo]

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'm not going to take the reasons seriously. Its utterly garbage for me. The reason for the price of bitcoin getting stalled ad of today because of FUD. What has the LOGO something to do with the price? Satoshi has not been in communication years ago already. Bounties? WTF? He is just trolling. I would have agree if the authors say about the cost of transaction is really affecting the price, but the reasons above? Nah.. We have to remember that the market is based on pure speculation. If there is a negative news, verified or not, investors will shy away from flocking to the market. Read all about the South Korean FUD and decide for yourself if the news contributed to the roller coaster ride that we are experiencing.

The user anushkasachith888 is just having fun and making funny comments.All the mentioned reasons by the user is either made for fun or he/she is a kid with no practical knowledge it seems. Bitcoin is falling due to as mentioned new Korean speculation and banning news, and speculative forcasting by some top investors and traders is acting as a catalyst.

[cybersofts]

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 the price of bitcoin is dropping because of the high transaction fees and very slow transaction speed. The bitcoin users are paying an average of $25 per bitcoin transaction and still the confirmation time is very slow. while people that are using altcoins such as bitcoin cash BCH are paying less than $0.03 per transaction and enjoying very fast transactions. The bitcoin network is really congested at the moment and there is a very strong competition out there for bitcoin, I think these are the major reasons why bitcoin value is dropping.

[Anti-Cen]

Secondly there are negative reports regarding the unreasonable transaction fees for small payments.

$100 for coin payment is not small, we are not dealing in government treasury notes here and being charge $35 for the transaction is a total joke
and it said in the white paper "Virtually free transaction fees"   

Still, Bitcoin remains up over 1000% since Q1 2017, so is still in a very strong position.

With both ETH and XRP going up faster it does not place BTC in a string position and these two will both
knock BTC off the top if they don't sort the fees out and get them back below $2.00 per transaction and that's
still high.

Fees up = Price down

[R21]

 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. 

[vicemi]

Rebranding? A logo? Is this a joke?
This is a functional tool, not MySpace.

[anushkasachith888]

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 would say that guy, whoever he is, got it all wrong and has no idea of what he is talking about. No huge news or strategic partnerships? First bitcoin is already mainstream in terms of awareness. Bitcoin is still talked all over the place, so I don't know what he means. As for partnerships, I just have to say that bitcoin is decentralized, so why would it have strategic partnerships? The only thing that can happen, is to advance in terms of regulation, and be accepted as a payment method, and that is happening slowly (expect for the payment method thing, but that is because of the fees involved in tx).
"Not enough PhD graduates on the team" is he serious?? The bitcoin dev team is the best in the crypto space, and no other coin even compares with it, so that is just plain wrong.
As for the other reasons pointed out, they just seem irrelevant as a big joke. Bitcoin needs some development, in order to solve it's scalability uses and user interface, but that is being worked out. Even recently I read something about Jonas Schnelli trying to create ways for everyone to be able to run a full node by itself, without having to be a tech savvy.

Okay, How do you see the Bitcoin future with its transaction fee and speed issue ? Now there are faster and lower transactions fee coins, and more secure coins as well which cannot be traced, So considering these facts do you think coin which is more potential than BTC should lead the crypto currencies ?

[anushkasachith888]

Billionaire "Warren Buffet" said "Bitcoin will end up badly" 

And does he have superpowers to see the future or is he is some wizard who has crystal balls? as I did not see him show any of the things (superpowers or crystal ball) then he is equal to all of us who make price forecast, nothing more.

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

 

I see it all as a big joke, these are requirements for altcoins, bitcoin has already conquered your space and bitcoin has real-life use.

When it comes to the transaction speed, low fee, secure . there are altcoins which surpass bitcoin . do you agree? even though currently bitcoin is the king. As you think Is nt there any threat for BTC' dominance from altcoins in upcoming years ?

[secondgarlic]

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 would say that guy, whoever he is, got it all wrong and has no idea of what he is talking about. No huge news or strategic partnerships? First bitcoin is already mainstream in terms of awareness. Bitcoin is still talked all over the place, so I don't know what he means. As for partnerships, I just have to say that bitcoin is decentralized, so why would it have strategic partnerships? The only thing that can happen, is to advance in terms of regulation, and be accepted as a payment method, and that is happening slowly (expect for the payment method thing, but that is because of the fees involved in tx).
"Not enough PhD graduates on the team" is he serious?? The bitcoin dev team is the best in the crypto space, and no other coin even compares with it, so that is just plain wrong.
As for the other reasons pointed out, they just seem irrelevant as a big joke. Bitcoin needs some development, in order to solve it's scalability uses and user interface, but that is being worked out. Even recently I read something about Jonas Schnelli trying to create ways for everyone to be able to run a full node by itself, without having to be a tech savvy.

Okay, How do you see the Bitcoin future with its transaction fee and speed issue ? Now there are faster and lower transactions fee coins, and more secure coins as well which cannot be traced, So considering these facts do you think coin which is more potential than BTC should lead the crypto currencies ?

When it comes to money, not everything is black and white. Humans are not rational after all, when it comes to dealing with money. Bitcoin's image at this moment is way important than its technical shortcomings because people trust bitcoin. No matter how great the technology of a new altcoin may be, unless people start trusting it the way they trust bitcoin (and we all know how much of an issue trust is, even for bitcoin); it will not reach its potential.

[hashshashin]

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 would say that guy, whoever he is, got it all wrong and has no idea of what he is talking about. No huge news or strategic partnerships? First bitcoin is already mainstream in terms of awareness. Bitcoin is still talked all over the place, so I don't know what he means. As for partnerships, I just have to say that bitcoin is decentralized, so why would it have strategic partnerships? The only thing that can happen, is to advance in terms of regulation, and be accepted as a payment method, and that is happening slowly (expect for the payment method thing, but that is because of the fees involved in tx).
"Not enough PhD graduates on the team" is he serious?? The bitcoin dev team is the best in the crypto space, and no other coin even compares with it, so that is just plain wrong.
As for the other reasons pointed out, they just seem irrelevant as a big joke. Bitcoin needs some development, in order to solve it's scalability uses and user interface, but that is being worked out. Even recently I read something about Jonas Schnelli trying to create ways for everyone to be able to run a full node by itself, without having to be a tech savvy.

Okay, How do you see the Bitcoin future with its transaction fee and speed issue ? Now there are faster and lower transactions fee coins, and more secure coins as well which cannot be traced, So considering these facts do you think coin which is more potential than BTC should lead the crypto currencies ?

Advantages Bitcoin is not that transactions would not be traced, but quite the opposite! What is there to argue about, if we only look at its value.

[neolite]

Bitcoin drops these days due to the fact that South Korea wants to ban bitcoin exchange. It is estimated that 20-30% of bitcoin transactions are from this country.

[anushkasachith888]

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'm not going to take the reasons seriously. Its utterly garbage for me. The reason for the price of bitcoin getting stalled ad of today because of FUD. What has the LOGO something to do with the price? Satoshi has not been in communication years ago already. Bounties? WTF? He is just trolling. I would have agree if the authors say about the cost of transaction is really affecting the price, but the reasons above? Nah.. We have to remember that the market is based on pure speculation. If there is a negative news, verified or not, investors will shy away from flocking to the market. Read all about the South Korean FUD and decide for yourself if the news contributed to the roller coaster ride that we are experiencing.

The user anushkasachith888 is just having fun and making funny comments.All the mentioned reasons by the user is either made for fun or he/she is a kid with no practical knowledge it seems. Bitcoin is falling due to as mentioned new Korean speculation and banning news, and speculative forcasting by some top investors and traders is acting as a catalyst.

Excuses me, Well, All my threads and comments on this forum are just educational purpose as a person who study every day about Bitcoin and Crypto. Everyday I am learning from everybody here. So, I don't have any fun with this thread as well. I can learn from you too. Thanks for the response mate..

[Karavadinos]

The price of bitcoin is dropping nowadays since people stopped investing their money on bitcoin as its price is not stable so it's perilous and it might be an insecure way to develop their money besides the transactions are getting low, those changes has definitely brought influence on the price of bitcoin.

[turagsoy123456]

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
‏
 

Many people loose thier hope about the situation of bitcoin currency droping.because of many bad circumtances happen. Like south korea and china they ban bitcoin.so the interest of the bitcoin will dump.but we should also hope that bitcoin can recover soon.

[nathan713]

This falling is just a correction, you can't avoid this by doing a "rebranding".

[vicvicto17]

I think It's always dump every 1st month of the year. they are following the chart since last 2014. hold on a second if you going to sell your btc then your totally rekt. just wait for a few days and weeks it will pump very hard!

[filharvey]

Billionaire "Warren Buffet" said "Bitcoin will end up badly" 

Who the hell is he to give such a judgement.Actually,he doesn't know anything about crypto market.