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.
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
Bitcoin is still solid, the problem with governments is that while they are powerful using that power can be difficult, if governments ban bitcoin that will make the price to go down, but those that are hardcore bitcoin enthusiasts are going to become even more hardcore so it is going to be impossible to eliminate bitcoin and they will be left with no recourse to fight bitcoin anymore.