Because they are either mindless idiots, or newbies who dont understand BTC, or shills who are pushing an agenda against it.
People who might had scheduled an income plan, might have not reached the calculated value which results in their financial burst, So this creates a thought that bitcoin is dead
Most wallstreeters have no idea what will happen to their investments in the next crisis, so they ignore bitcoin and dismiss it, even downgrade it.
Then when you will see -90% stock drops, or hyperinflation to stop the crash, then people will think seriously about bitcoin.
Yes they are ignorant.
They've read something about bitcoin between the drugs currency and now they think all is bad.
Very sad for them, since they will lose out.
Let them miss out the ones that know what it is about are here and that is for sure. Smart money will always find investments like btc.
If and when the time comes when the stocks crash and keep crashing to unprecedented levels there will be to much rushing to save money and that is no doubt when gold will pump not btc, although btc will pick up some new investors.
It takes time to learn about btc to want to invest crazy amounts.
Original question.... This thread was over a year old and op people are still screaming it is dead for like the 100th time, that will always be with us whether it is because of a $20 drop in price or some news like the recent Mike fud or some whales shilling to get cheap coin.
To many reasons to go through them all but it is nothing to worry about.