Well bitcoin haven't failed at all I am haven't seen Bitcoin going to zero.
So you can stop saying it failed.
So nothing short of 0 cents value would convince you ?
What kind of a realistic scenario would you envision that we can all safely say BTC failed ?
Way i see it the adoption issue is the most important and in the last 2 years we have been in steady decline.
The price is slipping over time because there needs to be sustained growth in user adoption (BTC buyers)
This has not been happening !
When i poll all sources everyone says "it's dead right ?"
This is obvious by the way..
Most of you claim because BTC went form 600 to 300 (rather than zero) that means things are fine.
That seems pretty silly to me.
The downward pressure of Bitcoin sellers needs to be tempered with Bitcoin buyers.
For value to go higher you need more buyers than sellers.
And sorry but you guys have to do more than just hang around here as a private group of cheerleaders
..singing cheers and chants to each other.
The rest of the world thinks "Bitcoin was a thing" ..long ago !
Has it failed ?
In expectations yeah ..overall no.
Being realistic and honest about it all is the only way forward.