Re: The price of Bitcoin is going down because the price is going down,
Nothing goes up in life, dollar value, salary, income, food price, smart phone price, everything going down. The doomsday is near.
The prices of food,smartphones,etc. are going up because the US dollar value is going down.
I can't agree with the statement in the thread's title.The price of bitcoin does down because the btc buyers are less and the btc sellers are more.That's the real reason.We don't need a crypto "guru" to tell us this shit.
Everything goes down with the dollar, the price for tortilla was $2 in 2016 and it is $2 today, it may look like the same, after including the inflation, it is actually going down in value. The same for smart phone which is priced in dollar.