As everyone knows bitcoin has dropped drastically over the last month( around 50% ) but what has caused this and will it ever rise back to all-time highs? Well, the main reason it has dropped is that of the news, South Koreas overpriced values for cryptocurrencies, and because of problems, the coin itself has. The main problems would have to be that it's too slow, has extremely high fees, and isn't as secure as other blockchains as verge, dragonchain,ethereum, and other altcoins. Its extremely slow with only allowing around 11 transactions per second(they plan to fix this problem with the lightning fast network, It has extremely high fees because people/websites which sell bitcoin want to make a quick buck off of ripping people off because of all the hype that has boosted it which intern has brought a lot of foolable people, the news has affected it by slandering it with big investers saying it will fail in teh future and last but not least, its not as secure because of advanced hackers figuring out how to steal funds easily. Hope you guys enjoy this post and if you did please follow me and upvote this post.
