Because the price of bitcoin is not only speculative, but also objective, it increases as investors increase. To Price retreated to the previous level, it is necessary that there was an event that will significantly reduce the number of users, ie, will get rid of bitcoin. While such events on the horizon can not be seen, the upcoming hardcore does not attract such an event.
Significant drawdowns are possible and will be, but not global level.

Bitcoin has a huge demand among thousands of investors who dream of a non-cash future, and now they are investing in digital currency, not traditional means.
The first crypto currency has already turned early investors into millionaires, and tries to do everything possible, if only the many thousands of people radically changed their views on traditional markets and investments in general. Although those who use and support bitcoin still make up a smaller percentage of the world's population, in the millennial generation of investors, the number of young people who turn away from traditional financial empires is growing. If this trend continues, it could mean an absolute collapse of the banking system, as it continues to adhere to outdated algorithms. Until now, there is some way, until even the most seasoned investors are completely free of traditional banking and monetary institutions, but today they can already control their future in terms of investments. Since it is easier for them to manage their own savings plan by investing and reinvesting new technologies. Although they continue to deduct a certain percentage of the usual pension fund, and their accounts still have to be paid through a bank account, but investments in crypto-currencies have become for them a central part of savings.

Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.

3des have great prospects. with your team and knowledge we have a great future. good luck in your future endeavors

Agustin Carstens, head of the National Bank of Mexico, said about bitcoin. Karstens said that bitcoin is more of a commodity than a currency, and added that he does not have anything to ensure his accounting in the financial system. According to him, since bitcoin is not supported by either the government or the Bank of Mexico, it does not fall under the existing currency definitions. In addition, he warned about the problem of cybersecurity and stressed that the safety of users should be ensured. Finally, he noted that the authorities will soon propose legislation regulating financial technologies, such as crypto-currencies.

Africa is covered by demand for crypto-currencies !!!

Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems.
Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region.
Bitkoin.Africa was launched by a team of Nigerian developers on October 1
Have a nice day, everyone!

Hi administration 3des. I support your project, interesting idea, we will wait for release and watch your development

For this time anything can happen. but I think that the world will switch to another payment system, the world financial revolution will take place