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.
Bitcoin was introduced to the public in 2008 and that time it was considered as an alien technology and it has proved itself like one as those who believed in it that time are now bitcoin billionaires and in this one decade of its existence bitcoin has been going through many ups and downs and thus secured the toppest position in the crypto market, bitcoin is now well established but till it not get centralised all over the world, bitcoin will considered as a developing crypto currency.