Price of btc is dropping significantly, care to speculate why?

[BitcoinXio]

[iFixBTCmemoryIssues]

The Chinese must work with everyone, I have already lost a small fortune in the past week. They are nose-diving Bitcoin like their Yuan.

All over the greed of transaction fees.

[Gunslinger]

Transaction processing bottleneck = tanking price. Scalability has to be figured out, well beyond the initial fork.

[iFixBTCmemoryIssues]

Transaction processing bottleneck = tanking price. Scalability has to be figured out, well beyond the initial fork.

Scalability has been figured out.

Chinese miners are attempting to control the market and induce higher transaction fees for their benefit, illegally. It won't work and they will all end up in a Chinese jail, amongst other international laws they are breaking.