The forum is full of topics - When Will Bitcoin Be Back To $..., Why BTC is under $...?, Final bottom at $..., Why BTC is down again?, Bitcoin will rise again ? etc. The last two topics may appear in various forms a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:
2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+
Do you see something frightening in it?
We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?
In December 2017, the most people said - "Why I didn't buy BTC for $500
for $1000
f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!
So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.
Guys, are you serious? Crypto world is made by us. Governments and big whales havent any tricks to rule our world. It will happen only if we do nothing.
What do you think about it?
You just hit the nail on the head. Exactly my thoughts. Governments are only trying to scare people away. It is in our hands to be subjected to the fear or not. I feel Government fear that Cryptocurrency or Bitcoin could raise a lot of milloniares and billionaires, hence they are trying to instill fear in the minds of crypto-developers by bringing up some regulations and media rants. These are periods to capitalize on the downtrend which comes as a result of bad mouthing by the Government.