Post
Topic
Board Speculation
Re: What is the reason of the recent drops in Bitcoin price?
by
CrystalPham
on 23/05/2018, 12:23:55 UTC
Since it does not make a profit, it can not be priced in the way that most other assets can be valued. While a commodity such as gold can be used to create something of value, a Bitcoin is always left in a computer. If the ways Bitcoin is used can not be further developed, the demand for it can be reduced.