Reasons why Bitcoin is droping:

[reality18]

The downswing in Bitcoin price is due to the recent threats and issues coming from the government and banks. This issue of banning Bitcoin in other countries spreads FUD in many investors. It's high time BTC advocates here began spreading good news about BTC to remove the FUD and clear the air of the unreal terrorism tags on Bitcoin.

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[Rosscy]

If I think that there are two parts, where some people are deliberately dropped the price of bitcoin by spreading negative issues, which thus makes the panic investors sell
and partly it's official from the google, facebook, and even twiter, where they are very worried about the existence of ads2 crypto which is now a lot of fraud, so that they (Facebook, google) decided to block ads crypto

[zwiggel]

Bitcoin is falling due to reduced bitcoin buyer demand. due to the impact of the nation banned bitcoin activity. Many big corporations forbid bitcoin operations. This impact on the psychology of bitcoin buyers should make bitcoin prices fall.

[hujanderas]

people want new things every day. People are attracted to the digital currency of the fiat currency because they are tired of the physical currency, The same will happen in the future, if there is a new currency launched and people are attracted to it. Bitcoin is in the crypto market from the last nine years. People have invested in it.

[putrisa]

I think I can summarize why the bitcoin price drops because many new players are easily panicked because of bad news when the news is not necessarily original and even bad news is just fraud, so many new players who can not control the patience that makes the price easy to collapse.

[drukoz2]

The price of bitcoin is unstable, as it is influenced by the news. Every negative news about it lowers the price down. At least, I understand that.

[4rzun4]

The reason why bitcoin is declining? may just be a competitive factor or something is fixed by bitcoin, but for now bitcoin prices have gradually begun to rise.

[gelay]

The price of bitcoin is unstable, as it is influenced by the news. Every negative news about it lowers the price down. At least, I understand that.

I agree with you. The bad news influence the bitcoin prices in the market. They have also many investor are afraid to lose their money in investing in cryptocurrency because of bad news or fake news that are circulating online. They have also many scanner.

[Sumo]

Bitcoin is a very young currency and does not yet have stability, so all the negative news greatly affect its price. But it won't always be.

[olegblinov86]

Bitcoin has been on the world market for only a few years and therefore it is influenced by the news and events that are happening around it. But I think that after years, the price will be more or less stable.

[molenracing]

Bitcoin price down is common, because it has become the nature of the Digital Cryptocurrency assets that cost fluctuate, can go up and down anytime. if in my opinion the price of Bitcoin is much influenced by bad news so that investors panicked and sold all their coins. and this has happened repeatedly.

[godfredmanu]

Bitcoins is inelastic goods to me, it don't needs advertisement or re brand to sell. Unlike other cryptocurrencies that strive on spamming advertisements over the internet. Bitcoins has make it name from its capabilities and don't need to do airdrop, rebrand or recruit specialist team members to revamp it price. Its drop in price is similar to any financial asset. It goes up and comes down.

[FOrest123]

Yes, as you do not understand. News write for the upcoming up or down. We are a speck of dust in the desert. Whales constantly manipulate prices. That's the whole riddle of the market

[PatronRH]

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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I agree on some of them actually I think people need to believe in bitcoin in order for it to go to the next level plus in addition to normal people I think the most important factor is goverments as a lot of them are banning it. If they would allow transactions with cryptocurrency the price would reach the sky.

[Qunetick]

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 agree on some of them actually I think people need to believe in bitcoin in order for it to go to the next level plus in addition to normal people I think the most important factor is goverments as a lot of them are banning it. If they would allow transactions with cryptocurrency the price would reach the sky.

Bitcoin is dropping because of the negative issue that it is facing right now.. Maybe there are so many people that lose their trust because of the negative issue and maybe it leads everyone to dump their holdings. Bitcoin is really amazing and it is now still slowly rising even if there are negative issue, so then I think it is now slowly recovering from huge dump.

[Lazada]

Bitcoin price down is common, because it has become the nature of the Digital Cryptocurrency assets that cost fluctuate, can go up and down anytime. if in my opinion the price of Bitcoin is much influenced by bad news so that investors panicked and sold all their coins. and this has happened repeatedly.

Yes that will happen any time. Bitcoin prices have a very high fluctuation rate so anything can happen. Even things like the increase and decline are very drastic. It becomes a frequent moment and every moment can change. Bad news is usually very influential to lower the price of Bitcoin even though the news has not been confirmed as a true story.

[Lubang Bawah]

Bitcoin embraces a decentralized system and I think it's normal that prices sometimes drop, and the main factor is bitcoin drop because users need fiat so they sell bitcoins.

[junjunsalsalani]

LN or the Lightning Network has a lot of problem that is why it isnt yet implemented yet,because if it does people will suffer especially those miners will get less amount of income,the difficult wont be a problem anymore,seconds will be needed to confirm these transactions and those altcoins like ltc which is having good speed wont be able to survive as most of the people will start switching back to bitcoin.

[Monyero]

Bitcoin dropped in due to many factors, including the amount of news that cornered bitcoin with a variety of reasons. It caused a reduction in market confidence, resulting in large sales amounts. That's what really makes the value of bitcoin down dramatically.

[juliopirlo]

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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There are several factors that cause the value of Bitcoin plummeted that a number of banks in the United States, Britain and China perform a digital currency boycott (cryptocurrency).
in fact, Chinese authorities will restrict virtual exchange platforms especially those involving parties outside of China. major financial institutions such as Bank of America, Citigroup, JP Morgan, and Llyods Banking Group have agreed to ban the purchase of bitcoins with their credit cards.
Investors should be wary of investing in cryptocurrency and must abide by commission orders