A lot of noise and FUD news was been said about the price movements of bitcoin lately. We are expecting bitcoin price to move up faster without considering the facts that the process of cryptocurrencies revolution comes in stages. Even the fiat currencies also pass through some stages before it become stabilized.
In every sphere of life, there is always a revolution and developmental stages which I believe is also affecting bitcoin too. Let have believe that this process will stabilize bitcoin in the long run and be more acceptable.
I also believe that bitcoin is still developing. Obviously, being the first cryptocurrency and paving its way in the economy, bitcoin really need to continuously grow and develop. Being part of the economy's circulation and competing with other cryptocurrency, it is reasonable to assume that the developer/s is/are thingking ways to improve bitcoin more. I hope that as bitcoin grows more, its price will stabilize and be acknowledge worlwide.