Post
Topic
Board Speculation
Re: Reason for bitcoin Price Drop?
by
newinbtc
on 21/08/2018, 01:37:04 UTC
What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!

The reason for falling bitcoin price is People sell their coins at stage when red market seen , some People want to save their existing funds .
Think when price was 20k$ And price going down to 16K$ A person sold all milion $ At that  time save their Fiat currency from drop. He lose all interset from crypto.

Results - It depend on Popularity , Media support on bitcoin , network fees , Various services of bitcoin And many other facts. Media will always speak negtive. One day media says its postive sure new investors will come with lots of investment