Reasons why Bitcoin is droping:

[Anti-Cen]

Some people are losing interest but it doesn't change the fact that bitcoin is needed in crypto ecosystem

No it's not needed, not a fact at all but ETH is to some degree since so many other alt-coins hang off it and
"Some people are losing interest" in Bitcoin due to the rip-off fees that stops them using it as a currency.

Bitcoin is a bit of a old steam-engine these days and the miners put up the price of coal but ETH could not take
up all the slack because it too is based on a flawed design that won't allow it to scale.

Seven transactions a second from BTC is not going to be missed and before you reply with "Lightning Network"
to the rescue then maybe you should read this.
https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400

We like a public block-chain so why on earth would we see "off-block" as being a step forwards
and what they are not telling you is we can have speed and keep the BC so if they cannot fix
it or resist allowing the miners to rip us off then Bitcoin will become a museum attraction and that is a fact!
 

[senin]

I believe that the main reason for the drop in the bitcoin rate is its problems with transactions, because of which it can not actually fulfill its main function - the means of payment. The latest news from China and South Korea can not so badly affect his course. In addition, it seems that some people are trying to deliberately ruin his course. In addition, badly affects the price of bitcoin and the passive position of its development team, users do not see the prospects for bitcoin development.

[NABILA AKTER SHILA]

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.

[cryptoblue]

There are a lot of negative news circulating about bitcoin, some social media sites banning crypto ads have also made things worse.

[weston4mills]

The main reason why bitcoin is dropping is because there are lot of fake news which are negative so people are getting scared to invest in it

[cherry yu]

bitcoin is droppiing because of Fud and negative news about bitcoin. bitcoin price are affected because of fud and bitcoin holder are make panic selling their token because they afraid that they may loss big amount someday,

[Ayaancool]

I think bitcoins dropping is because of fake news and the elite continuity of the past crisis and also the hike of other cryptos in the crisis of bitcoin is the causes of bitcoin dropping.

[Argoo]

The bitcoin is no longer collapsing. On the contrary, it is being restored. After the release of its new version, its transactions and commission fees come back to normal. A number of other improvements are also expected that will allow its use for daily purchases. In addition, it is planned to raise the level of its confidentiality and the ability to use its platform for smart contracts. Therefore, bitcoin will be updated soon and will acquire various useful functions.

[biascoin]

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
‏
 

TL;DR Bitcoin drops because is a pump and dump schema, not a real currency, and because people are selling.

[PaulMittin]

Someone may begin to feel that the banning of cryptos in some countries or regions will affect the overall demand for cryptos,  it may try to do so, but No, is not the END. No one can stop bitcoin or any other cryptocurrency right now!!

They can set bans at country levels, they can raise testimonials, like someone from some bank did last week!!. They can arrest people and close brokers, they can do whataever they want, but, nothing of this will end cryptocurrencies!!.

They can try, but will fail every time.

Now is a great example of this, just look at the cryptomarket. Yesterday all cryptomarket was crashing 20%, now, is 10% green again, and raising fast!.

The only way to stop bitcoin right now is shutting down all the INTERNET!!!, and this i´m pretty sure will not happen!!

[Washball]

The price of bitcoin is being manipulated. Bitcoin is now stabilizing between $7700 and $8500. Influential people and authorities are spreading FUD in order to scare investors off. Twitter, Facebook and Google will ban crypto related ads. Porn in the bitcoin blockchain. The IRS wanting to tax transactions. Tokens considered as securities. All this negative news is why the price is dropping, but Bitcoin will rise again.

[Yarsk]

The reasons behind the fall in price of bitcoin can be trace to so many factors such as low demands and bad news about bitcoin FUDS always spread bad news in other to see bitcoin price fall and again people that are investing in bitcoin currently are low compared to what we use to have in late last year where bitcoin saw huge patronage from people around the world. So this and many more can also cause bitcoin price fall.

[Edraket31]

The bitcoin is no longer collapsing. On the contrary, it is being restored. After the release of its new version, its transactions and commission fees come back to normal. A number of other improvements are also expected that will allow its use for daily purchases. In addition, it is planned to raise the level of its confidentiality and the ability to use its platform for smart contracts. Therefore, bitcoin will be updated soon and will acquire various useful functions.

Since we don't know yet exactly why bitcoin is dropping that is why we should be aware and make some updates, but for me one of the reason why it was dropping was because of the negative media spreading in the local televisions, radio even here in bitcoin talk, and due to we cannot control people they tend to panic at all.

[StonedWolf]

Sadly, Bitcoin value is decreasing and decreasing. I just hope that it won't decrease anymore. Sadly, like you said there are many to reasons that are causing its fall. But in the cryptocurrency world, nothing is 100% granted. Let just be optimistic and wait for summer. If anything is going to happen. It will be by then.

[Hobo66]

I would say there is allot of panic selling going
on in the bitcoin market that's the reason why
the price of bitcoin is falling so rapidly.

[ramroom]

I thought BTC is dropping because a Japanese whale just sold his BTC, and ontop of that the MTGOX Trustee was selling about 400Million worth of BTC and BCH in 5 different phases.

But hey, if it drops, it should just give us a better opportunity to buy with a discount. I don't think we will be seeing these prices again for a very long time, if ever.

[senin]

If earlier bitcoin also collapsed, now it is being restored. It is already noted that transactions and commission fees are decreasing and it is already possible to say that in the near future, given the planned improvement of bitcoin, it may well be used for daily purchases. This is very important, because it was for this bitkoin was criticized recently.

[btcjocan]

Sadly, the value of Bitcoin is dereasing and decreasing. I just hope that it won't decrease anymore. Like you said , there many reasons that are causing its fall. But in the cryptocurrency world, nothing is 100%granted . Let s just be optimistoc and wait for summer. If anything is going to happen. It will be by then.

Mainly because bitcoin has varied rules and regulations which can accept and reject reactions from other people. And,when SegWit is updated,community recognized it as positive tract and the price will uproar higher. But then,not all the time this happens because some news may arise with dumping information about bitcoin while others see it as a positive sign. Moreover,other banks are relying on bitcoin which governments release funds so any chance of restrictions of using bitcoin, the price changes extravagantly due to anonymous transactions being usually done with bitcoin and governments are trying to snoop out in any transaction related with bitcoin. For instance, bitcoin exchanges. Therefore,it is suprisingly affects bitcoin price and it drops.

[ledybitcoin]

Many factors influence the decline of bitcoins, regulators, negative news, false negative news, in order to reduce the cost of bitcoins for those who will benefit from it. This market manages whales and large corporations, they can be useful to them. In any case, the market will recover, the market is cyclical, after the fall, growth always follows.

[PauloLuks]

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 don't agree. I think the main reason is supply and demand. For example, if there is an increase in the supply of goods and services while demand remains the same, prices tend to fall to a lower equilibrium price. The same happens if there is a decrease in the demand for goods and services while the supply remains the same.
The relationship between supply and demand results in many decisions.