Let's face it

[m3g4tr0n]

When I first heard of bitcoin, they were $1 each.



Right now, they are $590 each.



Just because it hit some inflated peak of over $1,000 between then and now, you think it's falling? Did the world of bitcoin begin at the bubble for you? That's literally the only way it could be perceived as a failure. Next time you look at a graph that shows the last 4 years, do me a favor, cover up the huge eyesore that is the $1,100 bubble, and tell me what you see.

[NUFCrichard]

If you are going to be in Bitcoin, you have to roll with the punches.
Ok it has gone down nearly $200 in the last few days, but it did go up $400 in the month before that!  I am happier with the price now that I was in April.

Idiots are always going to cheer when it falls, probably because they aren't holding.  Idiots are always going to cheer when the price rises, because they probably over-invested, just enjoy the ride, if you believe in Bitcoin, then buy some, if not, then don't! Pretty easy really!

[bitmarket.net]

Volumes traded on most of the exchanges are very high - that means there are buyers and sellers willing to trade bitcoins.

This is not a sign of the failed asset, no matter what its price is at the moment.

[MatTheCat]

so you lost a bunch of money this week huh?

Nope, I've just been watching the markets from a neutral standpoint and I am not basing my opinions on emotion rather I'm simply basing them on logic.

Didn't know people get angry when you spoke the truth. The truth does hurt sometimes though.

No I am not trolling, stop making idiotic inferences.

Bitcoin chart resembles practically all other Shitcoin chart that ever existed.

Huge pump, followed by a series of declining peaks, on the long (or not so long) road to dust and obscurity.