Why is bitcoin falling down?
What price will be bottom?
And will it raise again?
Thank for explanation for newbie.
I´m new in bitcointalk and bitcoin community. I don´t understand many things.
Think of it like this.
U are out partying, u are drinking champagne, snorting coke, and banging back the ecstasy pills.
U feel alive and excited, vibrantly high on the positivity of what the future has in store. It is happening, you are taking off, you are going right to the moon.
The effects of the drugs start to wear off, but stay up all night abusing the same substances at a party, you still feel good but it just isn't the same as earlier.
The next day, you have a bit of a headache, but you had a good night and work isn't until Monday.
Monday comes, you are pretty blue, but not too bad.
By Tuesday and even worse by Wednesday, the feel good chemicals in your brain are at their lowest ebb, as your body seeks to restore equilibrium to the hyper indulgent massive drug fuelled serotonin bursts from your weekend's partying. All your great plans, all the hopes for your glittery future, the excitement of lifting off and never coming back down, the excessive positivity you felt for yourself and everyone around, is at this point in the time, in the ditch. It all now just seems so empty and meaningless, that you wonder what all the fuss was about and if there was ever any point in it all.
Thursday, you are feeling a bit better.
Friday comes and you are actually feeling pretty good.
On Saturday, you decide to go out partying again.