No matter how many good news about bitcoin pop out everyday, bitcoin's price is still going down
confused? disappointed? sad? why bitcoin price drops easily when bad news come out ?
Because
After all those bubbles & pools easily > %50 hash & crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) people has lost faith in bitcoin!
The Bitcoin fundamentals has broken, people found out that bitcoin can not be saved after all! We all know Bitcoin is in fact centralized / controlled by few groups but most of you are still trying to escape the reality and bury your heads in the sand, are you afraid of the pain of money losing or trying to scam more people to join so you can sell higher like a ponzi scheme?
Then why Dell/Expedia/Newegg/.. accepting bitcoin?
Because
Large companies see the crash is coming, speculators and investors is going to sell off soon or later, huge money is leaving bitcoin and those companies are building more exit routes so they can earn some $$$ from the capital flight, once bitcoin market hasn't enough fund, they can just remove the "pay with bitcoin" button, what an easy job for them
the money is leaving that's why the market volume is very low, the "get rich quick" dream has broken, the bubble is gone, now what?
Never listen again to those people who told you about: "compare to 201x year, the price was $xxx and now the price has raised up, bitcoin still has potential"
They are just fooling you! one day when bitcoin hit $0.01, they will still try to convince you: "compare to few years ago, bitcoin only worthed $0.00000001 or totally free, that's 1000000 times profit! so come on you should buy more"
A big crash is coming, You are going to lose all of your money if you do not sell asap!
