I don't think one affects the other in any way. Yes, Elon Musk is a proponent of bitcoin and other cryptocurrencies, but he also considers his finances, investors, and shareholders, just like any other CEO or a business owner. Personally, I don't see any competing interests or anything similar here. Everything makes sense and is clear. Well, it is only healthy to be envious when he succeeds in doing both.

This year is probably different from last year because the time when bitcoin's value halved has already passed; historically, a bull run always follows one year later. The likelihood is slim unless a miracle occurs and the reason unexpectedly causes the price to rise again quickly in a matter of a week or a month since we no longer have that reason. In a market where anything is possible, the price of bitcoin occasionally gives us a pleasant surprise when we least expect it.

I know handling this market crash is a bit difficult but I can assure you this is not just the end. Bitcoins have a long way to go and this downtrend will get over soon. Praying to see a surge in the prices soon.

New crypto enthusiasts are always stating possibilities that bitcoin should be taken as this, bitcoin should be taken as that, etc etc. without applying proper logic. Bitcoin itself was developed to create a safe, secure, and faster blockchain network that can transfer money from banks, without any central authorization. What does this imply? It implies that bitcoin’s value is based on fiat currency.
But people these days imagine and expect bitcoin to overcome inflation, and replace fiat currency, or be taken as an official legal tender worldwide with its own value. Have you thought about how this will be possible? Bitcoin itself does not hold a value of its own, instead its value is measured and backed up by USD (majorly USD, and in other countries by their own currency).
In order for bitcoin to backup other cryptocurrencies, firstly bitcoin needs to have its own value, and not be assessed on USD.

If you can handle the price fluctuation in the market then you can definitely start accepting bitcoin. Remember that the value of these currencies can fluctuate frequently and badly.

The volatility and decentralization of Bitcoin have made it popular in many countries, but this has also made certain countries afraid of it. Some see it as a danger to their current monetary systems, while others worry that it will be used to finance illegal activities such as drug trafficking, money laundering, and terrorism.

Since its inception 12 years ago, the price of Bitcoin has gone through the roof. It has been steadily increasing in price over the long term, compounding at a rate of about 100 to 200 percent per year. If you were one of the first people to invest in Bitcoin, you're likely to have made some serious money.

Thank you for this story, hearing other bitcoiners’ life stories does inspire in some way. Well, congratulations for not giving up even after so many losses. This is why it is always told, consistency is the key to success. Good luck for your future!

Bitcoin ATMs in grocery store will not only help bitcoin holders for faster, secure transactions using bitcoin, but the presence of Bitcoin and ShibaInu ATM in a place like the grocery store where all kinds of people are present, will definitely attract people and make them feel interested into knowing what is crypto, what is bitcoin, how is it different from normal currency, etc. This  will also increase the volume of transactions of bitcoin daily, and the number of people involved in this community.

As a currency, bitcoin must have a value, and that value is reflected in its cost. To be a more effective currency, it must also be more stable, which it isn't.

The price of bitcoin directly influences the profitability of mining as well as the hashrate of the network. This is another factor that influences the security of bitcoin.

China may have warned the world but somehow, I have a different mindset. I don’t think that bitcoin will collapse any time soon. All the financial markets are meant to move up and down but it doesn’t mean that any of them will end. Learn to keep patience and not believe all that you read.

It’s an important lesson that every trader must keep in mind. Just because you think that a certain strategy would work doesn’t mean that it will. You must keep patience and make sure that you don’t turn into a greedy trader who sees nothing other than profits. Control the way you trade by sticking to your trading strategy.

We all knew this was coming. Time and again bitcoin has proved its worth to be the best crypto coin both in providing secure blockchain networking, secure investments, as well as a permissible growth. There are definitely some altcoins like tether and ethereum which have potential to rise, but certainly no one can take the place of BTC.

In general, buying Bitcoin in the afternoon is preferable since prices tend to fall. On average, the best time to buy Bitcoin is between 3 and 4 p.m. If you're someone who prefers trading in the peacefulness of night, you may also score a decent deal between 11 p.m. and midnight.

As the price is going down, hodlers know that they will be able to manage their investments. But I can’t even imagine what they already have in their minds. I would rather stick to trading while trying to make money through small fluctuations.

As a trader, I obviously want bitcoin to keep showing upward movement. But now that it is showing downward movements, I am upset and I can’t even think of hodling since the future is unpredictable and trading seems to be a better option at the moment.