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.
Now a days people are really loosing interest to Bitcoin. That's why the price are going down. But in my opinion there are also some other reasons. First of all it is very huge price that doesn't let newbies buy Bitcoin, so bitcoins now literally circulate between exchanges. Secondly its technical disadvantages of Bitcoin. slow speed missing smart contract support, high fees. And 3rd it is passive developer team. Nothing is done to help it grow.