Post
Topic
Board Economics
Re: Top 10 Reasons Why Bitcoin Is Falling Down
by
wolfafladina
on 19/01/2019, 07:45:35 UTC
Top 10 Reasons Why Bitcoin Is Falling Down

https://[Suspicious link removed]day/top-10-reasons-why-bitcoin-is-falling-down

-The frontloaded success of cryptocurrency mining
-Regulatory roadblocks
-FOMO turned into FUD
-Rampant market manipulations
-No institutional money
-The ‘Blockchain over Bitcoin’ narrative
-News about the recent stock market crash 
-US investors avoiding paying capital gain taxes
-Mainstream media coverage
-Will the BTC price recover?
The rising cost in mining is part of the things that are making the price of Bitcoin to fall today. Lots of miners has shot down their operations because it’s now less profitable. I’m also in support of the fourth point you made there. Market manipulation and speculative activities can also play a part in pulling down the price of cryptocurrency market.