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.
That's not totally accurate. Inflation keeps going up so that prices of goods are always increasing every year. And actually you mention dollar value but that has also increased over the past year as well.
Bitcoin can kill inflation that is why we need decentralization to be implemented everywhere but still people are concerning about the prices compared to USD.