Forums are being filled with speculation, almost all topics that appear lead to falling bitcoin prices, whether this will continue, this is the right time to buy, blah blah blah. Come on, the storm must pass, let us focus on the positive topics instead of continuing to discuss this 50% decline. Start talking about the positive news from Singapore deputy, bitcoin that has gone up 20% today and others. Think positive and positive things will come.
In a news driven market like this, negative speculation is just another issue that Bitcoin is supposed to tank, to continue rising as it has been from the past 24 hours. All the negative talks end up fueling panic sellers to do their thing while prices continue to plummet and on the other end, one good news can create enough demand to soar prices.
I totally agree with your words that a positive approach to things would be the ideal scenario for the entire market which has seen a free fall in prices from the past month.
I think this whole negative news waterfall was totally planned and benefited great deal those who had shorted bitcoin and plus to this benefit got it now for a minimal price. So if you are shorting bitcoin negative news are better than positive for you.