Post
Topic
Board Speculation
Re: Why is the BTC price dropping??
by
bizzel
on 20/06/2014, 08:17:23 UTC
With all the news and media BTC is getting lately, there should be NO reason for BTC to drop below $600...

Seriously, go on /r/Bitcoin and daily there are new great news for Bitcoin daily.

I can understand if the price just stabilized at $600 but this downtrend is confusing me....



What downtrend? A 10 dollar drop is not a downtrend, it's just normal fluctuation. There are a bazillion reasons for BTC to drop below $600, just as there are reasons for the price to rise. It's worth what people are willing to pay for it.