One way  that can bring down bitcoin just like any market is by shorting that market too much or a typical pump and dump. Investors would lose interest, market would plummet, bubble will pop.

Bitcoin is a gamble. Gambling, like use of substances increases dopamine release in our brain also known as the "reward" center. This is one factor that contributes to it being habit-forming and even addicting. Especially when we see that we are gaining something out of it.

I agree that now is the time to study and understand investing in bitcoin but not necessarily buy. Prices can b tracked and be used to predict future price using technical analysis. Check for the possible dips in the price then buy and enter the market. When the price bounces up, then there will surely be profit already.

Being a pioneer in a specific field is a very important advantage. This is the main reason bitcoin is the most popular and leading cryptocurrency. It's like exploring uncharted territories. All resources and opportunities can be utilized with no other competitions yet.

Yes nag dip nga ang price ng BTC ngayon pero i think mataas pa din ang demand kaya malamang magbounce up pa ang price. Pero kelengan pa din magingat dahil once maturn off ang investors,maubos ang demand siguradong bulusok to pababa.

Sure naman talaga sa gambling na ay panalo at may talo. Di naman talaga laging pasko, kaya nga sugal. Ang importante lang naman ay alam mong kontrolin ang greed mo, ang emosyon mo dahil yun magpapatalo sayo. Set you goal or target para alam mo when to stop kasi minsan pera na nagiging bato pa.

Like in any form of market, prices of commodities are driven by the balance of supply in demand. As the demand outbalances the supply price will go up and vice versa. In the case of bitcoin, there is too much demand regardless of its real world value thereby increasing the price in a very short period of time  by a very large percentage. This is as evidenced by its almost vertical price chart over the previous months.

Central bank and government of various countries by putting a ban on it thereby decreasing the demand.
So called "whales" or people who have large volume of coins by driving prices too low that investors would lose interest.
Those who would "short" the market.

One sure way of convincing people to invest in bitcoin is to guide them step by step in starting in bitcoin investment. When they see for themselves that they are earning money,that's when they'll be truly convinced.

First encountered it while i'm doing my readings for stock market and since i'm already trading stocks, it got my curiosity. trading equities and crypto has similar basic principles. It's just that bitcoin is more volatile than equities.

Importanteng alam mo kung alin ang magandang bilhin at kelan ka dapat bumili at magbenta. Jan pumapasok ang fundamentals at technical analysis. Pero sa crypto, more on technicals ang maasahan mo. kelangan matuto kang magbasa ng chart gamit ang mga technical indicators gaya ng moving average, ito ang isa sa pwede mo pagbasehan ng entry price mo. Importante din na magset ka ng target price mo at stop loss mo para alam mo kung kelan mo ibebenta.

Turning all your money to bitcoins is not a smart move. Bitcoin investment cannot be readily liquidated and may take sometime so it will be a problem in cases of emergency that you'll need readily available money. Always invest what you do not need immediately and keep a certain amount at hand, you'll never know when you'll need it. Also there are still only few establishments/businesses that uses bitcoin.

waiting for dips before entering may be an option but it may take a long time.
Why not enter now and gain profit as the price increases instead of just waiting with no gains at all.
Just be observant of the price action and set your stop loss so you would still have gain in case the price goes down.

Some government wants a ban on bitcoin since there is no capital gains tax chargeable on bitcoin. Only bitcoin mining and businesses operating on bitcoin are taxable.

A correction that big is really possible in any market, especially in a very volatile market with no visible fundamentals of the investments such as the case of cryptocurrency.
Having said such,it all depends on the sentiment of the market on whether greed or fear will dominate.

Many people, I included really prefer bitcoin over traditional banking because of greater return of investment.
Traditional banking is also an investment but with very minimal gains due to low interest rates.

Bitcoin has recently been a hot topic among many people, economist especially. But as it moves towards the $12,000 index many are having doubts as to how stable the market for bitcoin really is. Just recently, an expert from Yale who was considered as Wall Street's most influential economist described it as a dangerous speculative bubble due to its lack of intrinsic underlying economic value to the concept.

Despite the lack of understanding of its mechanics by lots of investors, why and how does it continue to prosper?

Is it really just a bubble? And if it is, when is this bubble going to burst?