But let's flip your stupid assertion on its head. Isn't it a problem that one angry chinese miner and one high powered enthusiast on the autism specter can bring Bitcoin to its knees? Why is that? Why is Bitcoin so weak?
A lot of bitcoin haters joined forces to make it look weak. Those are different groups with different agendas. They would hate to see segwit, LN and side chains implemented. Every fucking altcoin can be implemented as a bitcoin side chain without any risk to consumers! But that is the last thing banks would like to see. So they pump the alts they've chosen to distract average Joe from further converting his savings into bitcoins. The alt is not dangerous for banks. They can kill it anytime just by dumping it. 99% of altcoin investors are just desperado gamblers that don't really care about smart contracts or whatever.
Do you really think the BU crowd, the banks, Roger Ver and some Chinese dark forces all sat around a table together and conspired to bring Bitcoin down?
I know this is the internet age and anyone can believe anything - but the problem is simple. Bitcoin is at war with itself, unable to change to deliver a solution to a real problem and lacking leadership, and direction.
It has issues and no solution is apparent. There is no conspiracy of dumpers, just people who worry and sell coins because of this uncertainty. It is rational behaviour to sell when the price is not looking realistic.
That is all. I am a Bitcoin fan.
I understand it as followed what becoin wrote. Bitcoin right now gets attact from different angels/parties. One side is Ver, Andresen and other BU shitsters who have more of a personal agenda going against some of the core devs and supporters.
Then there are of course the banks and the financial establishment who also see Bitcoin is struggling and attack it with pushing and pumping some altcoins to create even more uncertainty amoung the BTC holders. With some help of the media as well of course.
And as a third group there are some altcoin creators, devs and big whales who see their chance to make a shit ton of money with their mostly useless cryptos.
That however doesn't mean they all work together. But they see their chance and try to take advangate of it.
Attack the alpha male as long as it bleeds!!
Never heard of that?!