I know about the demand and supply and its the reason a marlet gets different price at different price but what make bitcoin users to lead to this pricefall..I mean once there was 1btc = 500$ and after that I herd some hackers have hacked some exchanges and many scammers also poped out during those days..and this all leads to currenct price of 230$ I hope some peoples will do something to avaood these problems as much as we can
I think the reason why the price are falling because of course the people are selling their bitcoins that is the only reason but the reason behind why they are selling is maybe because of some rumors that the bitcoins are falling and this is the end of the bitcoins of course if you do not know much in this thing you will believe that thing and in order to be safe of course you will stay away from bitcoins that is why a lot of people are selling that makes the price fall down much more they are panic selling.