The facts:
If half a million people wanted to send a single bitcoin to another address the same day, THEY COULD NOT ALL DO IT, NO MATTER HOW HIGH A FEE THEY PAID.
People know this and so we do not buy bitcoin. This is why the price is falling. Price will continue to fall or stagnate until capacity is raised.
What? I was not aware the scaling problem was so high!
Why are most people saying that everything is fine and that scaling will come then? It's really not going to help bitcoin adoption! Especially considering how many transaction are made everyday that are "automatic transactions" like faucets or games that are added to the human exchanges.
Most people are not saying everything is fine. The people who are saying that either want to sell
before the price crashes again or are attempting to prevent or stall scaling. They are a minority.
I
your using common sense ...
we expect the price to fall due to the scaling problem dragging out and more versions of bitcoin forks being created.. however, your forgetting the Marshal's Auction Pump 2015 when bitcoin should have went down but instead soared to $500.. i think they are attempting to cover the Marshal's Auction Pump is why this is staying up over $300 .. think about it.. the Marshal's auctioned all those coins out for much more than they were actually worth at the time of the auction.
First. Who the fuck is this "we" that you are referring to? Do you have a rock in your pocket?
Second. Your ongoing illusory painting of a us marshals pump makes no logical sense , and makes you look like a bigger looney than you already are. The us govt has trillions of dollars that they pump and print in a variety of ways, and they would love to hand onto such system for a mother 100 years if possible. Bitcoin brings a variety challenges to traditional fiat systems and it would really be in the us govt interest to bolster such decentralization and empowering of people regarding their money, which is intrinsic towns increasing Bitcoin market cap(reflected in bitcoins price). Helrow??