Do any body know the exact reason for fall of bitcoin price? It has almost fallen $500 in the past three days.Any specific reason?
There's a lot of reason and factors why the price of bitcoin is falling. And well that's the usual movement of bitcoin's price. One of it I guess is the announcement of bitmain's making their own alt coin that brought fear to some holders especially those newbies and also the whole crash was made by global market.
Bingo, its going to continue its volatility until a resolution is found to the current war between various factions in the bitcoin community.
The market is very volatile and that's making others to be scared when there's a new hype on ETH. But that's not going to stop me on believing bitcoin. As after the fall of bitcoins price, its very obvious on what is going to happen. The next thing will happen is going to make everyone's feeling believe in bitcoin's positive character.