I think the reason why most bitcoin users are from countries with good economies is not mainly because they have the infrastructures or because they have the money to invest in cryptocurrency. For me, the main reason is that they possess the power of knowledge and information and the 'how's' of bitcoin and other cryptocurrency. These knowledge and information is mainly supported by their money which makes it possible. If we think about it, even an undeveloped country will be able to progress and make mining and cryptocurrency profitable if only they have the information on how to do so. Without it, they will remain ignorant, not knowing that there are hundreds of possibilities offered by the cryptoworld.

At this point there is no answer where this dip would stop and when it would rise back up. But hopefully, after the meeting on the american policy makers is done bitcoin price will rise back.

I would not recommend investing in just one crypto currency. Undoubtedly, bitcoin now leads the market, but this does not mean that you can ignore the rest of the crypto currency. To date, we can see a large number of promising coins, in which it is worth investing. Therefore, I share the investment and choose several worthy projects.

why countries do not print money, because if too much money then the value of the country's currency will go down so they prefer to borrow to other countries. Just as with coins if too much supply but no interest then the value of the coin will go down

Bitcoin is an decentralized technology so no one can restrict it but governments can impose regulation on the usage of bitcoin but they can't control the bitcoin.Yes bitcoin will overcome these situations and will get more adoption from people in the coming years so keep supporting bitcoin if you want a decentralized money system in future.

China will start digging so deep, that they will even find Oil. Then you will all see what will happen.

We can't predict for long term but for 2 to 3 years bit coin will be used as the medium of exchange of goods and services. In coming future btc will have the highest value of all currency. If I see it as 10 years from now than it can be the currency of some country as dollar.

Decreasing volatility is not only a "perception", like some have guessed, but real: The Bitvol Index, which measures price volatility, is going down since new year approximately.

Apart from the reasonings in this thread (I agree to some, while not to others, see below) this phenomenon seems to be a common fact in all advanced bear markets Bitcoin has seen until today. In 2014, for example, after 2-3 months approximately the price swings became much smoother and gave the illusion of "predictability" and "stability" (I remember it was around the $400 price level). You can see it in Bitvol's graph (click on "All").

I agree with Hydrogen that one of the reasons may be the behavior of newbie traders which tend to be vulnerable to FOMO while panicking when they smell a crash. With time, they quit or learn that not every movement means "da moon" or "death".

I don't believe in a negative correlation between the number of transactions and volatility. Normally, it should be the other way around: when there are many transactions, then price should be more stable, because this means "thicker" order books and so the volume needed to change the price is bigger.

The fluctuation of Bitcoin  price posted on the market treed, is the result on the volume of trading on crypto currency market, the movement on investment at any given time the lesser the possible effect on the said market price of Bitcoin, other indicator are maybe, the issue posted vs. Bitcoin the are the never ending issue on Banned, Scammer, and the issue s on Regulation, once this issues posted in the social media or in the market preview, it would triggered the movement on the price value whether in the fraction of point or even higher point, it all depend on the level on reaction on the market.











However, it's difficult to generalize here - I think the type of transaction is the key. Direct buy/sells of goods and services without fiat involvement should stabilize the price, as well as simple limit orders at exchanges. Transactions that boost volatility, in my opinion, are 1) market orders and 2) advanced order types like stoṕ-loss orders (because they tend to lead to extreme price swings when they're triggered). These two kinds of transactions are more likely in "FOMO" and "panic" phases, and we're currently not in this kind of phase, so there is less activity of these.

Mmh, I'm not so sure. I consider the launch of the Lightning beta a very important positive announcement. But where you're right is that this news didn't "make it" into the mainstream media, so outside our filter bubble nobody noticed it.

I hope it will reach the 20k in August as everyone is waiting for it unless people don`t dump it in any price drop or FUD, so it is depended more in investors and holders I guess.

It's not clear when. If such a coin emerges, it will cause the market to shake.  But it's a process. Until then, Bitcoin still owns the throne.

They do not exist. There are no ways to accurately predict the price of the coins. The market is volatile and with that prices can go up or fall down at any time and there is no way that any one can tell when this price hikes or these price dips will happen. All of the market "predictions" that you see are all speculations at best because none of them can predict what will happen to the market.

The price of bitcoin will reach $ 50k by the end of 2018. I think so. Because of its popularity and development, it is gradually recovering. after going to 6k $

People are moving their alts to bitcoins because of the fork. I expect them to move back to alts after.

But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.

Financial institutions are not going to disappear, crypto or not. The are an essential, integral part of the current economic system. Retail banking is just a small part of it, financial institutions providing capitals for corporations are much more important, and crypto is of no danger for them.

I think you don't have to wait for the price of bitcoin to go lower. Because eventually the only way for bitcoin is up. It might dump sometime but it recovers again.

I would love to save this currency as like everyone does here. To be frank, i will to earn more bitcoin than my local currency. At the same time spend my own local currency for any expense than bitcoin. I have been here in this community for more than an year. The journey taught me that bitcoin is the best asset one can have at this situation. So targeted to earn more Bitcoin and other crypto currencies.

It will be a great idea when Bitcoin adopted as universal currency. Let, take the effect on Business community, Banking and other financial institution, and the government. Everyone are now  having a second thought on paying taxes, but always remember, at any given time we transact business after our earning from profits on Bitcoin project investment, we cash out, take the money and spend or have it into another investment, we are always billed the add on taxes, whether on foods, utilities, we paid taxes, after its transaction. We are under and following the Laws imposed by its Government, with taxes collected the government, and used them for what ever project as plan by its government.

We all are pretty familiar with the last bubble brust from the 2017 when the Bitcoins were seeing government opposition and how the market declined in price, though it recovered really fast but it made sure that China does have an impact, any investor have an impact not just China even a small investor individually no Matter how minor it is.
It could really spark up the whole thing if the news is real n if people can find a hack.

It seems hard to make the economy around the world better. Because everyone in power will not be satisfied, it will make the poor more difficult to be better.

You better calm down and keep doing the observations and do not forget to buy some coins if market conditions like this because in crypto this is not very plausible and we do not experience things like that only once but already several times the only example when the market is very bad in febuary month and march yesterday if we just silence and panic then we will not benefit from this moment market.