Bitcoin's price has once again fallen down today to $6,315.
One of the great benefit of this bearish trend is that more speculators and new investors who just want to get rich overnight have mostly moved out or still moving out of bitcoin in search of another magical high ROI giving asset.
Thank God its once again not bullish.
Atleast bitcoin would be left with its loyal holders who wish to enjoy and support this technology by using btc for payments,etc.
I partly agree in that I don't want bitcoin to go parabolic again and attract a lot of people with little interest in the tech who just want to get rich overnight but I would like to see some price growth. Enough to attract some people with at least a mild interest. Bitcoin needs to be in the public domain in order for it to grow and one of the easiest ways for this to happen is if the price increases.