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The bitcoin transaction cost is very high due to cost of bitcoin, higher the price, higher the transaction cost this is only due to adjustment cost.
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Each and every deal of this world is a fraud and still we are doing all these things, people are doing all those things which gave profit to them with minimum investment, some time they loose all their earning and saving reason some person do a big fraud to them and shocked them, and so on the world is going on fraud after fraud, and people forget the old frauds.
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it will be nice if this happen at least power of bitcoin will be distributed among all people equally, and government control will be on it and it can be traded more efficiently and frequently.
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Bitcoin is popularly seen and accepted through out the world and people are doing their best efforts to acquire bitcoin in any way and those who own it they are holding it for the better results ahead, every person who is connected with crypto world is trying for bitcoin, investors buyers all then why to worry about its future.
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There are so many views about bitcoin some say it is a bubble which can burst any time with a loss to the investors and holders, other said it can never be universal accepted currency, some other said it is all fake and people are mad about it but after all these things popularity of bitcoin is not fading then how mind of a person can change.
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About 8-9 years back nobody knows about bitcoin when its value was less than 1k $, but after that around 2016-17 it get the momentum and reaches the moon heights now people say it is costly valuable and I said it is not less than a precious stone, now such stones are not rolling in the sand these are developed and get their value, when the next stone came nobody knows.
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Predictions are just ideas of a person or group of people who study the matter in question and after taking expert's view they gave some statement which we all treat as a prediction now it may be right or wrong because predictions are not truth these are all guess about a particular matter, now it is all upon you weather you believe it or not.
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Media have too much power to convince people about any thing one thing more news create panic also in the commons, bitcoin or cryptocurrency is not aside from the impression of media, It can boost or dump the price of any currency within no time, we can see the market position daily affected by the media reports.
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Price determination of the market is based on the price of btc although it is not fare but still situation is same and it is happening, and final determination of the price is under the spell of btc, reason is every transaction depends upon btc position in the market.
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There are possibilities of this it may be within or after 10 years, present society is technical and computerize society every one wants short cuts for fulfillment of their demands and requirements for that every one needs more easy money, and for that every one need cryptocurrency and in this way btc become mainstream in coming future.
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Although it is impossible and unnatural that bitcoin price drop continuously this can happen only when all the investors and buyer show their unfaith in bitcoin and they withdraw their investments and sell their coins, which is never to be happen.
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