Quote from: stayeduptolate on January 18, 2018, 05:25:08 AM

Quote from: CoinsCoinsEverywhere on January 17, 2018, 04:57:59 PM

Quote from: justbfa on January 17, 2018, 02:19:00 PM

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Easily possible. Every serious crash that bitcoin has had in its history has been at least 75%. The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%. That kind of drop from $20k would put price around $2800.

Quote from: justbfa on January 17, 2018, 02:19:00 PM

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Cryptocurrencies will not go away. Governments can do whatever they want, but they can't stop cryptos from existing. However, that doesn't mean that they can't ban or regulate them to the point where they are no longer worth owning as an investment vehicle (read: they won't go to zero, but they could be worth much less).

from my views it is not possible to bitcoin will drop and reach to $5000 and below in 2018 . From my experience that there is no chance for bitcoin to drop below $8000 in the future because bitcoin is the topmost cryptocurrency in all over the world and bitcoin become very popular in all over country so that's affect the price of bitcoin how much it will drop off how it will rise but anything is possible in the world so thats no one can sure about anything.

Great summary "Anything is possible..."
In the end bitcoin will always win!