Why market going downward after such good news like "expedia accepted btc" = =

[opsgame]

 

[blatchcorn]

The market generally ignores a good news story until there has been a huge build-up, then the market decides it should correct itself after ignoring all this good news.

[falllling]

a full market crushing to $5xx and $4xx is coming very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, $6xx is already the top bubble

[TERA]

Because the price is not a numeric measurement of the current strength of the news - it is much more complicated than that as bitcoin is a decentralized commodity/currency.

[zby]

The rally was caused by insiders and now they are realizing their profits

[freedomno1]

The rally was caused by insiders and now they are realizing their profits

I like that one, that or the market is going down because a lot more people will be converting Bitcoins to Fiat to rent hotels
In other words a short term speculation at the cost of long term benefit

[zetaray]

We went from $440 to $670 in 2 weeks. It is time for a correction. Expedia had nothing to do with it.