By combining the three verticals of Statistics, Sentiment/Knowledge and Technology we can draw the following picture:

Technology needs to mature in order for the price to raise exponentially,
There is also no relation between small-scale improvements and price gains,
Adoption happens due to technologies becoming easier to use and people getting hyped,
The likelihood of bitcoin’s price raising above 10k until the end of 2018 is much higher than the opposite happening
There are many exceptions that could go against my logic, although I honestly believe even if the drought lasted more than a year, it would eventually recover and fly past prior highs.

By combining the three verticals of Statistics, Sentiment/Knowledge and Technology we can draw the following picture:

Technology needs to mature in order for the price to raise exponentially,
There is also no relation between small-scale improvements and price gains,
Adoption happens due to technologies becoming easier to use and people getting hyped,
The likelihood of bitcoin’s price raising above 10k until the end of 2018 is much higher than the opposite happening

I concur that a cash with high instability can`t be utilized as cash. Be that as it may, on account of the digital currency, which has numerous different points of interest, and which individuals need to use as cash, this issue can be illuminated. One conceivable answer for the issue of unpredictability is to attach the digital money to gold at a settled rate. This will require the accord of the crypto network and the support who is prepared to make the physical gold market at a concurred cost in the crypto. This sort of crypto, sponsored by gold, may even turn into a worldwide save money, particularly in the event that it was upheld by the nations who are searching for routes out of the ebb and flow administration arrangement of the USA dollar.

I agree that a currency with high volatility can`t be used as money. But in the case of the crypto currency, which has many other advantages, and which people want to use as money, this problem can be solved. One possible solution to the problem of volatility is to tie the crypto currency to gold at a fixed rate. This will require the consensus of the crypto community and the sponsor who is ready to make the physical gold market at an agreed price in the crypto. This kind of crypto, backed by gold, may even become a global reserve currency, especially if it was supported by the countries who are looking for ways out of the current hegemony system of the USA dollar.

Governments are against Bitcoin in light of the fact that it's a rival to each Country-based currency...which is every one of them! Obviously they trust it'll bring monetary instability but what an administration believes isn't a goal supposition. We should all emphasis on what's best for us. What's more, keeping our benefits in a speculations that will welcome, that are known for gratefulness, is the best move.

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Governments are against Bitcoin because it's a competitor to every Country-based currency...which is all of them! Of course they believe it'll bring economic instability...but what a government thinks isn't an objective opinion. We should all be focusing on what's best for us. And keeping our assets in a investments that will appreciate, that are known for appreciation, is the best move.
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