I think the price is heavily manipulated and the interest of people buying Bitcoin has been decrease, I think it's because the price plunge down since the high hype and a lot of investors losing a lot of money, nowadays poeple are prefer buying ICO and then perform dump to make profit
I am confused... is the problem caused by the fact that we do not have a decentralized exchange system?
We could also consider that thing and also the process of regulations coming from SEC which is mostly all the investors have looking it to have assurance of their investment. And it is sad to know that SEC disapproved the application and it turns into losing the confidence of investors into crypto.s
Then, this makes my case. We need an exchange system that's free from the grasp of corporations which can create situation that lead to uncertainty towards cryptos.
Decentralized exchanges are going to be the solution to this problem but to this day no developer has been capable of creating an exchange that is popular with investors and this is because just as decentralized cryptocurrencies have some limitations compared to their fiat counterparts a decentralized exchange is not going to have everything a regular exchange has.
I did read about the Virie market which will be a decentralized exchange system for cryptos to escape the corporations' influence. I don't know if "to this day no developer has been capable of creating an exchange that is popular with investors", but if there were any, their initiative was not successful. In that regard, I think that Virie has potential to revolutionize the exchange system.