OP, you make me sad. You dont "get it." Bitcoin isnt just a financial tool, it has profound political and philosophical implications as well, which you fail to appreciate.
We dont care that you dont see the value - we do. So just leave: sell your coins, and dont come to this site again. I would personally appreciate it. Thanks
All that matters is adoption by the average person as a type of quasi currency
Everyone can see all the big news about major retailers taking btc did NOTHING to help btc value did it
So most here are delusional as to why the value of btc moves up or down
As long as retailers are churning any transactions into fiat the currency will have downward pressure
I agree that adoption by the consumers is all that matters; adoption by merchants alone means little by itself.
The price is NOT dropping because of traders cashing back into fiat. That is a myth. It is dropping because the mining monopoly has been (temporarily) broken and the cost of mining has risen - and so most miners are now selling as they mine (instead of hoarding as before). All that is happening now is that BTC is going down to its genuine market value, it should smoothly swoop down to this over the next 3 months.