I think the reason for media's rage over bitcoin is becayse corporate individuals and greedy capitalists lost a great amount of their money due to the outbursts of bitcoin investors and it's high monetary value
Normally these individuals would make bitcoin's image bad because they want to regain power. And A way to be able to do so is to control media to release bad and atbtimes fake news about bitcoin to discourage people to invest.

This is a popular concern by bitcoin investors and enthusiasts alike. The answer is, we don't know. For now we can't claim or be certain about things regarding the survivability of bitcoin in the market. because of its high volatility rate that makes it very unpredictable. However, we can make measures to ensure that bitcoin would last. that is holding, continuing to invest and the most important, not practicing panic selling.

Yes you could convert your precious bitcoins for tangible cash becauae of bitcoin's flexible nature. It could be converted into any form of currency as long as the country supports bitcoin's use of course. And it only requires a reasonable transaction fee in my opinion. Some take the method of P2P as tgey claim it as a very convenient and safe way of converting bitcoins to cash. Some banks especially here in tge Philippines partners with online application to which you would convert the coins to cash first and then claim it on the bank.

We all know that nowadays bitcoin is truly profiting and is tempting to invest on, however, investing all your finances and resources to bitcoin is not a good idea in my opinion, bitcoin is a highly unstable product, You might lose all your investments in a day if given the chance, So save some for yourself and have a regular job in order for you to have your finances secured.

My opinion on the recent happening about the decline in bitcoin's value is that it is mostly caused by shallow-minded investors that think bitcoin is a very vulnerable investment, That tgey think that every decrease is a sure sign of bitcoin's end, because of this massive cashout that these people practice and the coming Chinese new Year where potentially a lot of Asians who celebrate the even may cash out. But I think and I clearly believe that bitcoin would be able to get back on its feet.

The current price dip we are all experiencing sure is worrisome and is demotivating, but I am happy to tell you guys that this dip is not forever, and no, bitcoin won't die. The current price dip is just normal, in fact bitcoin has  been experiencing this kinds of dips way back from its humble beginnings. we just have to hold on and do measures to make sure bitcoin recovers.

I can say bitcoin has the potential to revolutionarize the way we look at money. It can change boring essy to steal conventional cash, and because it is decentralized, it means no single capitalist fat boy would take advantage of bitcoin's immense value and power. But all of this would turn to nothing if we just let bitcoin turn to just bits on a computer. We should do measures to ensure the above for bitcoin.

If as you say, people stopped buying bitcoins, this will be a hard time for the cryptocurrency even though we know bitcoin is capped, because no buying means no more profit. However, if bitcoin itself had reached its maximum cap limit and there is still circulation going on I don't think there will be a problem with that.

Seems like bitcoin bounces back to recovery from all the dips caused by the sea of newbie investors that are easily influenced by critics and dropping value caused by the banning of the use of bitcoin and other bitcoin-affiliated activities. Which is good news, however, as soon as bitcoin still hasn't reached its former value it is no time to relax. I say this is the best time to invest!

For me, bitcoin does not end or solves the unemployment rate dilemma almost every country suffers, if anything, it only solves the low to no wages people at the lower to lowest classes tend to problem. Sure you might think of bitcoin as some type if business but it isn't. It is only an example of a successful investment system.

Bitcoin, being versatile and decentralized, could be transformed into your local currency with few worries. Like here in the Philippines, we could exchange our bitcoins into money with the use of a program that is specifically for exchange from bitcoin to Philippine Peso. Abd then we could claim our money through local banks or remittance centers depending one where we want it to be accepted. And of course it has a transaction fee.

I believe that bitcoin holds a lot of potential given that it would be able to survive the years and still would have a considerable value. I believe bitcoin would be able to change the nature of money itself as well as it would be able to commence a fully automated human lifestyle. Transactions are digital and quick, faster and more reliant. And most of all, effective and secure.

I agree to the creator of this post. A good investor is not scared of sudden declines in value of their investment. instead they make measures to maximize and seize oppportunities not seen by normal investors. For example, A lot of good investor bought bitcoins during this decline because they think of it as a discount and not as a value decrease. Whereas unwise investors sold all their investments because they think bitcoin would finally fall.

There are two most prominent underlying causes for the huge decline in value of the most powerful cryptocurrency early this 2018. One is the prohibition and illegalization of bitcoin and all bitcoin-affiliated activities in China, Korea, and Vietnam, some countries that became a huge contributor to bitcoin's growth. And another, the practice of panic selling by a huge majority of unwise investors that thought bitcoin would get down just because of the small decrease in value of bitcoin.

It may seem like a farfetched dream, to see bitcoin replace or shadow gold in the market, howeger, there is a possibility. If bitcoin would have a physical manifestation, if it stabilized, and if it's value remained constantly high all throughout its life. All of this I think is needed in order for bitcoin to have a chance at shadowing or replacing bitcoin in the market.

For me, the current price drops bitcoin has been experiencing lately, as opposed to what the critics have stated, are not the sign of bitcoin's downfall, if they think it is. the value  fluctuations we experience right now is nothing too unusual, in fact this has been going on a very long time. even when bitcoin just started. don't worry and stop practicing panic buying. this doesn't help the bitcoin industry but instead  it cripples bitcoin's recovery/

The increased number of investor of bitcoin after the price boom sure is staggering and wonderful, but if we come to think of it, a number of them have not educated themselves about all sides of the bitcoin and some even haf no idea, they just wanted to invest because it has a high value. To me it's not that good and it angers me knowing that these people were the ones that would immediately sell their bitcoins at the slightest decrease in value. Further putting bitcoin at a disadvantage.

If you only want your money to be safe and secure in something that you are comfortable with and is not really into risk-taking yet high pprofiting ways, then save your money in a bank. However, if you are otherwise willing to take risks and is ready for the coming struggles as well as slightly bothersome price drops, then bitcoin is for you.

The rising number of people that are both actively engaged and interested in the bitcoin industry, just like any other investment, is a benefit to the bitcoin development. As you can see every investment, bitcoin is no exception requires publicity to draw in customers. This in turn benefits the bitcoin industry to the ways I said above.

For me, the reason for this is simple, unlike bitcoin, Gold's value in the market is stable for a very long time and it has been a recognized material in the market that it was even used as a basis for determining the value of most national currencies in the world. They believe that bitcoin has a bleak future and that it's high volatility rate would soon be its downfall.