Bitcoin has lost almost 15% of its value since two weeks ago. At the peak around Christmas holidays, it was trading at over $19,000.

Bitcoin investors have been predicting that meteoritic rises will commence any day now. But the price has been hovering in the $8,000-$9,000 range with surprisingly low volumes.

One Good Post: why is Bitcoin price stagnant?

What is happening in the Bitcoin world?  What is the near-term price forecast for Bitcoin?

We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1

• Store of value
• Services in addition to simple money transfer
• Convenience
• Security
• Investment/speculation
• Safe transfer speed
• Privacy
• Freedom from globalist control
• Other

Governments are in the money business. They create fiat money and are able to manipulate to serve all kinds of purposes. When you propose to use something other than fiat money as a store of value, the government can't manipulate or control it as well. If you were able to interact everyday solely in Bitcoin and lived in the US, the US raising interest rates to curb the money supply wouldn't have much effect on you. And banks get all their money by borrowing it from the government, so being at odds with the government is a bad move for a bank.

Believing in Bitcoin is good but not with blind eyes. Buying and selling in good positions is better than holding all year long.

I have watched some videos on Youtube today and they were speaking about Crypto currencies and ways to track Crypto

currency users, through services that they use. Is this the weak link in the privacy chain? Should we ask Crypto currency

merchants to "change" their receiving addresses more frequently to make it more difficult to pin a specific address to a

specific service? If these people want to track all our financial transactions, then we should give them some challenges in

doing this.  

Obviously not all services will adhere to this call/request, but some of these merchants still support the bigger cause and the

reason why most of us use Crypto currencies.   {Some degree of financial privacy} 

I think no because bitcoin is used for online transaction and the price of bitcoin is not stable, but if bitcoin become stable maybe it might be possible that bitcoin will become currency, but for now, there's no chance that bitcoin will be used as currency.

The other reason every country have their own currency so where do you think the country of bitcoin?

Bitcoin is decentralized and we couldn't just credit it to China or other countries as their currency.

For me, the biggest reason not to invest in Bitcoin is that there is no certainty of the future and hence I am not investing my entire wealth in it. However, I am impressed with the core philosophy of Bitcoin and I am optimistic about it and hence I am investing my some part of the wealth which I can afford to lose because I want to participate in the process of global transformation which takes place once in the century and that side is always bigger than possibility of losing my funds. I can earn money later but this opportunity won't arise again in my entire life so I am okay with 100% loss of capital considering the other side.

when is a good time to buy bitcoin ?
the answer is few days ago when market goes down but right now bitcoin grows stronger. just hold your bitcoin next few weeks bitcoin will raise higher and you can make a lot of profit from there.