Bitcoin in the downfall - but this crazy thesis could change everything

The bitcoin price falls and falls. This causes panic among investors. But the fall could point to something amazing, which many do not consider.

2017 was the year of Bitcoin: its course hunted a record high after another. This created a hype about the cryptocurrency, which is second to none. Within months, the once-disapproved digital money became the number one cryptocurrency. More and more investors began to seriously engage with Bitcoin - despite the prophecies of the traditional financial world, that the bubble burst soon. But now the hype seems to gradually fade - or not?

Bitcoin rate continues to fall - but is there just a lot of noise for nothing?
One thing is certain: the Bitcoin price has been falling ever since the beginning of January 2018 - currently (February 5) it amounts to about 6,150 euros. Many crypto fans are now worried that the flight of the digital currency is over. Or is it just a passing dry spell? At least that's what the online portal finanzen.net claims.

This reports that it is almost "tradition" that Bitcoin had to take a setback at the beginning of the year. So Bitcoin is said to have experienced a high of almost 470 dollars (about 380 euros) in December 2015 - only to fall back to 350 dollars (about 280 euros) a little later. At that time, this corresponded to a loss of a whopping 25 percent. But as the financial portal continues to write, the course should have picked up again shortly afterwards. But why is that?

Also interesting: This 19-year-old Bitcoin millionaire knows about the pitfalls of digital money - and how to solve them.

Possible reasons why Bitcoin is losing value
Supposedly, several factors are responsible for why it just does not work. On the one hand, because again and again crypto-opponents rant against Bitcoin & Co. For example, Deutsche Bank does not tire of criticizing digital money. Too insecure, too little regulated - that unsettles investors.

In addition, the Chinese government banned the local crypto exchanges to trade Bitcoin. These closed one after the other their doors. The crux of it: China is still by far the most important country in the world in terms of bitcoin mining and trading.

Finally, it probably plays a role that some crypto supporters view the Bitcoin as "outdated" and "too slow". In addition, the transaction fees have increased horrendously. This could result in you losing interest in Bitcoin or causing them to look for alternative, lucrative digital currencies.