The reasons for the decline in Bitcoin

The reasons for the decline in Bitcoin that was brought back in about a week from $ 20,000 to about $ 1,010 compared to the -50% drop, led him to get into the stock exchanges and the manipulation and control of the price, which indicates fierce competition from the core and the information campaign against him, and attributes lower fund transfer fees, where he arrived at over $ 30 for a conversion, and he thinks the descent is due to the competition. The classic pieces like them and the ...

I think the main reason for this decline is the annual cycle of the currency (cycle), that is to say that the increase of the currency must be followed by a reduction of missiles as the month of October 2016 And the price does not stop there. Analysts will continue to bleed at levels below $ 5,000 and in the worst case $ 100 if the assets have already been leaked into more competitive currencies, such as, the, the. Dash or the. The entry of the nasdaq could increase the collapse of the price by the entry of American traffic professionals, who have experience, experience and experience in price manipulation.

Perhaps a sue and pessimistic publication for the future of Bitcoins, but the popularity of this currency remains above everyone else, developers and metal are expected to speed up processes and reduce conversion costs, for to ensure the continuation of competition.