Some reason and environmental input for stuborn Bitcoin fanatics

[Rabia]

Today bitcoin Competes with more than 1600 other Cryptocurrencies for attention

many of those have social missions, like development of economic strucutres, giving funds to young dentists etc.

while bitcoin still is mainly all about competitive large scale waste of ressources.

so if you still wonder why bitcoins price drops i tell you:

today bitcoin competes for fiat investors attention with 1600 other cryptocurrencies.

additionally bitcoin is even technologically aged. and has to justify itself with other cryptocurrencies that had a much higher funding regarding tech development like ripple.

i hope that helped answer a lot of questions.

regards