Without a clear usage or utility bitcoin will be dumping prices lower than of what was an all time high. It will never be reached again not unless somebody will be holding a very large volume of cryptocurrency to manipulate the price. If you have read some of the latest news about price manipulation then maybe you will understand why people are moaning about bitcoin prices goin low. Those who are holding large volume are selling it when they think they can earn profit. This result in a volatility we experienced today. So if bitcoin will be used by many price manipulation cannot create a big impact on the price.
One can hardly complain about the price of bitcoin, which is now around $ 50,000. Bitcoin only reached $ 20,000 again last December, so its current price has doubled over that period. The slight drop in demand for bitcoin now is partly due to its current significant price. From such a height, there is room to fall, and therefore the risk for investors increases. In addition, with an increase in the price of Bitcoin, it is already quite difficult to grow in price at times, as it was before. Potential altcoins look promising in terms of profit.
Well, let's see what else Bitcoin is capable of.