I have been wondering what could be the possible causes of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
Its partly because of the hack of the South Korean exchange. Other than that its probably a combination of factors such as price manipulation, general nervousness of investors, and general worldwide economic uncertainty. Ive noticed lately that there are lots of people making predictions about the price of Bitcoin and they range from Bitcoin being dead to being worth 1 million in a couple of years.