Quote from: marcbitcoins on August 02, 2018, 01:50:29 AM

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.

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

Everything is possible to happen specially Bitcoin price is really unpredictable. We are in the month of August now in which this is the month that Bitcoin start to climb up after the fork and this is the end quarter of the year that most of bullish predictions are expecting to start. There is nothing we can do but to wait and see as there is no one could really tell the future of Bitcoin price for this year.

I quite agree with you.
We all know that it's no longer news that drop price of Bitcoin in the recent past has created horrifying noise around the world particularly in cryptocurrency circles there is utter confusion. This chaotic scenario has ensured the widest public that Bitcoin is expiring. As a matter of fact, the demand for the Bitcoin is highly volatile, that is making the most capitalized virtual currency even the most unreliable preserve of value.

But then, what about Blockchain?

A good news is here; the technology behind Bitcoin, which is Blockchain is booming and is having an every opportunity for becoming a game changer for a wide range of Fintech companies, that are not at all limited by cryptocurrency transactions
Bitcoin can crash only if it is worthless but is it? One fact remains that governments around the world are showing interest in legalizing, regulating or taxing this cryptocurrency which shows there is actual interest to adopt this digital currency as an alternative to flat currency.

But the fact still remain the same, because the industry is young and unpredictable, and anything is possible.