Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?
Adoption i think doesn't take place only if bitcoins price is high,although its a big factor that people wanted to engage with it but for me,time is the most important factor that bitcoin had existed and be adopted.As many people knows and heard about bitcoin adoption takes place.
right, time will answer all that, adoption is not helpful for the development of bitcoin. especially from that the good news is awaited to boost the development of bitcoin. we know that now is very boring, but understand to be patient so that we get what is expected later, namely price increases
How if we can say that the adoption will help bitcoin to become popular and many people know about bitcoin so they start to use bitcoin and the time will answer about when bitcoin can reach a fully function in the transaction. I think it sounds better to heard and I am sure that this will gives an impact to the market too because when there is a demand from people, the supply will follow and it will push the price to increase higher. So that means, the adoption reaching goals and with the time is right so we could see the bitcoin will be at the higher price.