I think the factor that affects the bitcoin price is base on the law of supply and demand, the same way the price of the goods sold in the market, the gold and just everything else is determined. The countries that banned bitcoin affects also the demand of bitcoin that is why the price will decline. The basic trading is to buy low and sell high, just always check the price of bitcoin so that you can decide when to buy and when to trade. 

I agree with you and because of your positive explanation of bitcoin, perhaps some bitcoin holders who are panicking now will change their mind. Yes, bitcoin will always be fine because it is a  great innovation in history and it is digital money.

Yes, I believe that bitcoin will go mainstream in the next ten years, look how technology transform our society and bitcoin will surely transform our economy also. In each day, bitcoin holders are increasing in number and some countries are starting to recognize it, over a decade it will be adapted all over the world.

Even I find it difficult understanding cryptocurrency at first because I am not a tech savvy, thanks to my brother who introduce crypto to me and guide me on all of this. To the ordinary people who are not tech savvy, they just need someone to introduce it to them, educate them about cryptocurrency, how it works and everything about it.

Not all government announces that bitcoin is illegal, some countries including the country where I live in, declare bitcoin as legit. In other countries also like Japan, they are showing great support  for digital currency and made it as a legal tender.

The fact that BTC is dumping and it's hard to predict when the BTC will rebound but I remain confident that it will rise again in the future. I will keep my hard earned BTC, only a fool will sell his coins now.

We are just getting started and a lot will going to happen, why are we thinking that bitcoin gonna die or become obsolete? I don't think so.

I believe that no matter how bad other people want bitcoin to be dead, trying to manipulate it, saying negative things about it but it won't simply die. It is because there are still millions of believers of bitcoin out there and we are still holding on. It gives us the power and the freedom to define money.

Yes I agree with you, cryptos are only for the risk takers that is the first rule in investing is invest money you can afford to lose. Bitcoin is highly volatile, it doesn't have fix price it may rise or it may dump depending on the demand on the market.

Bitcoin is still new and it is important to understand how bitcoin works before investing any money. There is no official price of bitcoin and the value increases at very fast pace and sometimes will have a downfall. You can earn money in bitcoin by buying it at a lower price and sell it when the price is high. It is just the matter of when is the right time to buy.

We should not care about market predictions just because important persons said it doesn't mean it stand. Nobody can exactly tell what will happen in the future, if you listen you might as well end up making unwise decisions.

We know how volatile the price of bitcoin perhaps in next couple of months there will be an increase in demand of bitcoin that could make the price skyrocket again. Always see the brightside.

Scammers are every where and now and they are always trying to hit us in everyway possible. I've been a victim of scams and I feel embarrassed but I think it can happen to everyone. It's hard to bring scammers to justice because of the difficulties to track them down. Now I am just always careful to do business with any stranger, I secure my computer and all to help prevent for future scams.

Well bitcoin is decentralized and no one controls it and it's price is determined by the supply and demand. Unlike dollars, the value of bitcoin can increase abruptly and you can earn huge profits when you sell it.

We all know that since the invention of bitcoin, it is still not reach it's full potential but the government should not underestimate bitcoin because it could greatly affect once economic status. Perhaps they're finding ways and making guidelines on how to regulate it.

I think people are just afraid of losing money because they thought buying it will make them rich. That's why when the price decline, they withdraw and quit. It's just a normal reaction for people who fears to fail. They didn't trust bitcoin that much.

There are many predictions and opinions of people about bitcoin on what will happen to it in the future. Some say that it will die some say it will last forever but for me I am hoping that bitcoin will continue to grow and be fully accepted to all people in the whole world and the people could benefit in it.

Bitcoin is for everyone regardless of the status, age and gender. Even with the jobless and no capital but is very diligent and believe in bitcoin they can benefit in it. My friend has started in bitcoin with no money at all to buy but he works on a bounty campaign and other ways to earn a bitcoin. Now he has a large sum of money in his account.

I also believe that Cryptos is the future and that everyone should start to consider it and invest in it. But that doesn't mean that you should invest it all that you will become homeless, no bank savings and emergency funds. Just the right amount that at present you will still enjoy life and live comfortably.

Those who invest all thier money and property to bitcoins is very brave but fools. Save some for yourself so that whatever may happen you can still have enough money to support yourself.