Quote from: davis196 on February 02, 2018, 06:57:19 AM

Well,i guess that bitcoin price will return back to 2K-3K.The last three months of 2017 there was a huge pumping of the btc price and now there`s a massive dumping.FUD and negative news everywhere,Japan will regulate exchange platforms(this is not bad news,but it causes panic).Anyway,i believe that bitcoin will recover back to 16K at the end of 2018.Now it`s the best time to buy and HODL.

The decrease may continue; however, I don't see it returning to that low of a value. It has been nailed to around 7-8k dollars before it surged last November and December, so going down to as low as 2k-3k would really be a drag because that would amount to bitcoin losing its kingship title over other coins in the market. However, even if it seems that the market and bitcoin, to be specific, is in a dire situation. I would say that this is just part of how the market unfolds. Bitcoin is still the best asset around the market, and it has so many characteristic that points out to its capacity to regain its strength back. Also, there are so many holders of bitcoin in the market that would not let Bitcoin's value be driven to the ground.