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
Bitcoin will remain always expensive ,may be its prices can be change from its averge price , because all the values of the bitcoin is only due to of the reason of the demands , As we can see that lots of industries and field are using bitcoin and also we can see that without use of bitcoin they can face big loss of lot of Thier clients which are addicted to use Thier services with bitcoin payment system .
So surely you can understand very well that bitcoin has no issue of the effect of the drop in price due to the lines that you mentioned in the post .
But when negative news enter in the cryptocurrency market then that leads into down in price because many people due to negativity left bitcoin from.his stock and starts to sell .