Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
What exactly happened? We have attracted the governments all over the world and decided to gang up on crypto that's why the price goes on a free fall since the beginning of the year. And then there is the hacked on crypto exchanges and scams and fake news and FUD that dampens the spirit of even the hard core investors. Could the market get bored? Of course, however, it will not last long though, it might take years, but once the confidence is back, I'm sure that we will bounce back and you will be glad that you stick on the market and didn't give up.
Yes we might have some years of losing interest. Just check google trends and you see the interest is just going down. And it will continue for a while. It's just part of how this seem to work