Reasons why Bitcoin is droping:

[drukoz2]

Now really increases the competition among the coins as they go all the new altcoins, which in the future can be a substitute for bitcoin. Therefore, its popularity is falling slightly.

[Vness10]

I think the reason why bitcoin is dropping because of the people too. People that always make a fud news without any proof so the others get panicking because they heard a bad news. I think it depends on flow in the market if people still buying bitcoin and more investor I think bitcoin will not continue to drop.

[olegblinov86]

Nevertheless, bitcoin continues to develop actively and increase in price, so I can not say that it is losing popularity.

[ekeh]

Bitcoin has been on top and still maintain it position in every market exchange as number among all the alt Coin, therefore the most reason bitcoin are falling is because many investors and trader are been in at point of selling side day by day, it has been a load not to push up, and i believe soon, the price we go higher than the current price of bitcoin.

[olatslodi]

The downswing in Bitcoin price is due to the recent threats and issues coming from the government and banks. If Bitcoin is to be developed, Bitcoin must be accepted at a reduced rate. The problem is time and patience. Its drop in price is similar to any financial asset. It goes up and comes down.

[Ahsadahmed]

No specific reason no one cay say that clearly why the price is drops . so many factor depends on the price . i dont believe any news any rumor just try to hodl my btc another 1 year.

[kakajones25]

I think bitcoin is because some external news has affected its price. For example, some countries prohibit bitcoin, and some celebrities have maliciously attacked bitcoin, thus affecting the bitcoin market.

[MoasKiaet]

Yes, everything is corny simple and is connected with supply and demand, naturally after the spring boom, a large number of people have gone into mining, which are solely for sale.

[Btcepoy11]

There are some reason why bitcoin is dropping it's price is due to panic selling, negative news about bitcoin. That's why some people lose thier interest in bitcoin, but it is normal because bitcoin is volatile. There will be a time to rise again the price of bitcoin.

[jrg_214]

People are not quite educated about it and countries are preventing people to learn about its worth. Furthermore , the media do not often produces articles related to crytocurrencies  making its positive side not noticeable to the public. And also, not all can afford it, the world's population is nearly occupied by poor people and once cryptocurrencies becomes popular in the market they would be greatly affected.  Yes, if they would take the risk their level of living would might become higher but people now a days are not fun on taking risk. All we have to do is observe, understand and make the right choices that would change everything in positive means and prevent the negative ones that could cause devastation.

[decoder88]

Every pump will be followed by a correction as there are lots of people who are here only for the pump money and they run out as soon as they see some profit. This is the time when people just sell other coins when they get a little pump in them and keep collecting bitcoins.

Yes it is need a little pump to sell it but if you want to have a higher prices in selling coins it is need a patience and time to reach the expected prices in trading

[waitforme]

Bitcoin fell by the information crisis causing investors to worry and sell all the Bitcoin that they hold, causing the market to fall. And many say that this is a trend of price adjustment because it has risen too high in the short term.

[Ethelbert Moore]

I think why bitcoin is dropping. Due to the fake news, lack of promotions and  also expensive amount.
Because of fake news some persons are still not believing to the aptitudes of bitcoin . So instead of investing they are withdrawing their btc and convert it to cash. We all know that the operation of bitcoin is not popular yet and they don't  want to expend their money for promoting btc.

[prediction on bush]

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
‏
 

for me why bitcoin is dropping is because of false news about bitcoin and also on its demand Its demand is getting less because of increase in demand of etherum.

[duc4487]

Well, we should stop thinking about why the price of bitcoin is getting down. There are many reasons, such as the price is too high and people are taking bitcoin to exchanges which leads to the volatility, bitcoin goes up and down in the price cycle so it is normal. By the way, bitcoin is one of the first coin from the initial period,  so it's been getting slow than the others. The price is still very high anyway and it won't last for a long time so a slight change in price (up or down) is inevitable.

[Kieran Thomas]

I think there are many reasons such as ow 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.

[TheWalkingCoin]

Bitcoin is dropping and high some time is usually happen and we are not really feel it some dangereus for our investment. We have know many reason why bitcoin is dropping, some time when bitcoin on high price, suddenly just few time bitcoin is dropping more low and there are have bad news about bitcoin, where make many investment of bitcoin sell their bitcoin on low price, where many trasaction sell of bitcoin will make bitcoin have dropping price.

[diickydbo]

Perhaps the most influential is the panic of people who have bitcoins and then sell them simultaneously because they see bitcoin prices falling. That's what instantly makes the bitcoin price decrease.

[ondabeat]

People really lose interest in Bitcoin. That's why the price goes down, I think there are also some other reasons. First of all, it's a great price that does not let beginners buy Bitcoin, so bitcoin is now literally circulating among the exchanges. Second, Bitcoin technical loss: slow speed, loss of intelligent contract support, high cost.

[dubinsky]

I think bitcoin is dropping is related to the increasing number of bad news about bitcoin and misuse of bitcoin by unscrupulous users for something illegal activity that adds to the long list of bad news.