Halving is not the most interesting problem in bitcoin world.
I would say that the biggest problem is that everyone seems to gang up on bitcoin.
Everybody wants to have the blockchain, but not bitcoin, whatever it is-most here know that it is sheer nonsense, but this ridiculous line of reasoning is making rounds.
Foundation is messed up, etc. etc.
Bitcoin has never been in bear market this long.
This is how Wall street treats the competitor-gold was in a bear market for 19 years (1980-1999).
On a linear scale chart, bitcoin price is moving toward zero in mid 2016. I am not suggesting that it will reach zero, but it might.
It is positively depressing. I stopped buying bitcoin because every buy bites me, so just mine a bit right now.
If it fails, then it fails, although it would be very unfortunate as I expected much more from it.
All the altcoins try to mimic Bitcoin in essence. It hurts to see exact copies of the code be released under a different name and people go for it.
But Bitcoin is either slowing down, or just warming up to bat.
