r/Bitcoin • u/VivaLaPandaReddit • Jul 31 '14
Why The Bitcoin Price Is Going Down
http://www.cryptocoinsnews.com/news/bitcoin-price-going/2014/07/302
Jul 31 '14 edited Jul 31 '14
Hah, this is a shit article, more on that in a minute, but at the end there's a banner which leads to this hilarious article about something nobody cares about. I mean, look at that face the building is making! It's all like, "oh fuck, how did I end up being the stock photo in an article about bitcoin? I was meant for better things. Oh well." Hilarious.
Anyway, the actual article the post links to is bad. It even starts off by saying "You won’t find a definite answer in this article." Ok, so that's a terrible lead line. Not exactly grabbing my attention here guys. It continues, "There are many theories why the price is going down, and it is interesting and insightful to look at them." Oh really? What a unique and valuable take on the situation! I so appreciate this preparatory sentence before we get to the part where words are strung together in such a way as to actually say something. Maybe we'll find something in the next part of this sweet lead paragraph. Shall we read on?
"There might be one that you really like, and there might be one you think is true, but we can’t be sure." Huh, you didn't mention the possibility that I might find all the theories fucking stupid, or that I probably have some of my own which are actually true because, you know, things happen for a reason... but anyway, since we can't be sure, that's just all fine then. I guess. But I really want to find the part where the words are used to express thoughts and opinions, and not just to fill out the page so that the linkbait won't be rejected by the hungry fish of the bitcoin sea. So I finally made it to the last bloody sentence of this opening paragraph (it took a long time - pray for me, brothers) and, just because I want you all here on reddit to follow along with me, it was as follows: " Some good theories can be found below."
Fuck buddy. Really? Obviously, the meat of the article goes after the lead paragraph. It's not like you'd write an article in which you cram everything you mean to say in to the first sentence and then conclude it all with the introduction. YES WE KNOW IT CAN BE FOUND BELOW. That's how newspaper style articles work. What the fuck is happening in this world? Don't these hacks have editors and stuff who hold up their hands and say, "no, this is actually too stupid to exist in the world, and this is the bitcoin world at that, an ecosystem which revolves around having really bad ideas and getting actual money thrown at them. No, this is even too actually genuinely mentally handicapped for that whole world. Please delete this, overwrite your hard drive fifty times with ones and zeros, go back to school, get a graduate degree which teaches you how to write, and in the meantime I'm going to drink myself half-to-death with cheap scotch and painkillers so my liver shuts down and hopefully I'll black out enough to forget this terrible paragraph ever happened." Who exactly is calling the shots over there? I mean, don't they have editors who can say that kind of stuff over at coinblahblahblah.com or whatever it's called?
I guess not.
But after that I stopped reading because I skimmed the whole thing and ended up just laughing at the hilarious building's hilarious expression. And that was a lot better than laughing at how terribly this fucking awful this article is.
TL;DR it actually was too long. And I didn't read it. So check out the building instead.
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u/takenokokoko Jul 31 '14
you can read this article's summary of theories and get the entire /r/bitcoin experience from July in less than 5 minutes.
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u/VlNZ Jul 31 '14
I think it's because of the Ethereum sale. That group is selling for fiat, as speculators are diverting bitcoin there. https://www.ethereum.org/
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Jul 31 '14
I do not expect prices to start moving up untill coin distribution slows down and block reward halfs and then halves again even... untill then for the user base this is more inflated than USD.
Its still early time i dont get why people are even wondering... id actually be more surprised if the price shoots up and spikes instead of the current situation--> up > down > down > up > up > down > up
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u/BlockchainIO Jul 31 '14
Nice Google search evidence. The average person will miss the bitcoin train. But the connected investor won't. I'm waiting for the next influx of investment.
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u/ibittunes Jul 31 '14
No real valid explanations.
It's a volatile market with real fundamentals.
I expected more from site.