It's time we stop denying and start accepting, enough of these posts saying, "What is happening to Bitcoin?" Let's face it guys because regardless of how you sugarcoat it, Bitcoin IS failing. The temporary rises and falls are nothing but the aftermath of the bubble, it will most likely NEVER rise above its previous peak like some of these delusional investors think. Bitcoin is now dominated by market manipulators and petty traders who feed of the scraps of these manipulators. There is absolutely no reason for the price to rise because after the supply halving because a currency's value depends ENTIRELY on the belief of its users and ULTIMATELY not the supply. It's time to face facts and accept what has been happening since the time the bubble "popped". Bitcoin has been rising and falling on a downward trend. Yes, the price rises but falls back to where it was and never beats the highest peak.
Bitcoin is a failure guys its time we face facts and stop being delusional.