Quote from: BALIK on August 26, 2018, 10:06:22 AM

Well, there was suggestions of price manipulation last year, which may be part of the reason why Bitcoin managed to climb to $20,000 to begin with, this might not have been the natural level it was supposed to rest at. Right now, we're still up in terms of value compared to this time last year, so only those that bought in at over $7,000 have something to complain about.

Cryptocurrency is extremely new, 10 years in the grand scheme of things is just a moment, so Bitcoin and other cryptocurrency can be forgiven for not blazing the trail like people thought they would. These things take time, they take trust and most of all, they require enormous support to reach a global scale. Already, bitcoin has over taken juggernauts like Paypal and Western union, so give it some more time, and we'll see it take over even some fiat currencies in terms of volume.

Yeah, there's still lots of questions in the air about whether or not, or how Bitcoin was pushed or manipulated up to 20k.And yeah, 7k is still quite good really when you look at the bigger picture. And the timeline is still looking good from a zoomed out perspective.