Quote from: wuvdoll on December 10, 2018, 07:22:16 AM

When the prices dropped after Bitcoin cash war we said it was due to thousands of bitcoin being sold by someone and that caused the price to drop very quickly. When the price dropped afterwards we said black Friday and the insane discounts caused people to sell their coins and get those items for cheap. Now that bitcoin is dropping again we are saying that the holiday season is in and people are selling their bitcoins and altcoins to cover for the expenses.

I am sorry but I am not buying it anymore, last year on December and late November bitcoin went up historically and made a $20k run, that was a holiday season as well, holidays doesn't justify the drop in the price anymore. I fully believe that people are losing their interest and hopes for bitcoin and that is the biggest reason for falling.

Well, that is a market for you and logically, speculations is one of the things we cannot avoid. Like I always say, people will never stop seeing excuses to give to the reason why the market is behaving in certain ways, which is something I have seen over the years with human nature anyway, we always tend to find something to blame for everything. Call it whatever, we are in a downtrend, and until we hit the rock bottom and we get to see the market switch to a new trend with a higher high and higher low, then, nothing has changed.