Post
Topic
Board Speculation
Re: Reasons Why Bitcoin Price Drops
by
BitcoinGirl.Club
on 20/11/2017, 17:26:50 UTC
I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
-One of the biggest factors that results in a drop of bitcoin value is spreading FUD which causes panic and lots of people sell off their coins and translates into a big drop but this trend is slowly dying out.
-Sometimes its market forces at play, if we have over supply of bitcoins on the market, expect the value to drop naturally .