Reasons why #Bitcoin is droping:
- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative
This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this
I don't think that reason is enough for bitcoin to drop and I don't think when you have cool logos the price of the bitcoin will rise. Before when bitcoin has no many issues yet and many people are actively working here, the price of the bitcoin is high and even it's price is getting low sometimes, it does not become so very low unlike now. I think the reason behind this is because of the issues and news about the bitcoin where there are many people were scammed in investing and the government can't charge someone for what happened to the people that is why the only way to protect the people from this is to ban the bitcoin from their country and this is what I think to be the best reason why bitcoin is dropping as of now.