I see a lot of issues circulating on social media about the fall of bitcoin, some think this is a big investor control, some think this is a factor influencing negative issues, so bitcoin plummets.
what do you think about this, so we can all fix it?
if bitcoin falls because of negative issues, let's get rid of those issues, so that bitcoin bounces back.
There is nothing to fix, bitcoin is a freely traded asset and this means that if the demand drops then the price has to drop as well, what we are seeing are simple market dynamics, the price on the long term is mostly based on the fundamentals of bitcoin but the short term variations in the price of bitcoin have to do with speculation which is deeply affected by the market sentiment.
The fundamentals of bitcoin did not changed and it can be argued they have improved during the last months and yet the price went down, this was because a very strong FUD campaign was created that attacked bitcoin from all fronts and this scared people away, so keep holding your coins eventually the price of bitcoin will reflect its improved fundamentals and will go up once again.