Hello gentlemen. How have things been going?
A country accepts bitcoin as legal tender yet the price barely moves. I would have thought this would be a rocket launching event.
The problem is that the market is figuring out how bad of an investment bitcoin is and how it's is definitely and indefinitely crashing. So lots of countries might make it legal tender, but the down trend will remain. In fact, we know that as more countries adopt bitcoin the lower the price will go.
In that case, you have to be right... Oh well, pack it up.