The price is crashing because the common folk (the 99% sees Bitcoin as "some rich people thing"). And they see to much of a hassle to enter Bitcoin, just to do what? You buy Bitcoin with your hard earned FIAT money, go through the hassle of getting accepted in a exchange and what not.. then you get your less than half a BTC (this is what the 99% can buy at best case scenareo)... what the fuck you do with it? How does this improve your life in any shape or form? Let's be real for a second. The only people that has gotten beneficied from BTC have been the guys that own BTC since the early days. The life of the 99%'s will be absolutely the same post Bitcoin. THIS is why the price is tanking. Something cannot live forever off whales.
Unless there is an easier way to make BTC besides risking your FIAT wageslave money, this is going to keep going down.