Handling fiat currencies comes almost as second nature to most people. Whether in paper or in their online banking system. They understand its value, how to trade it for products and services, and how it stacks up against a few other foreign currencies relevant to their lives on the global exchange.
Anyway, these years cryptocurrency is growing so fast. So it is truly possible that it can be the money of the future.
As a matter of fact, some programs have already experimented with the use of cryptocurrencies as means of distributing a universal basic income.
Further, cryptocurrencies could help to get rid of intermediaries in everyday transactions. This could cut costs for businesses and help out consumers.

We dont know when will be bitcoin become stable, but I think bitcoins price will not be stable, theres no thrill anymore if bitcoin will have a fixed price, but as of now bitcoin stay at $5000+. The thrill will be gone if it has a fixed price.

Because they believe that bitcoin is a coin that will continue to benefit and will soon recover and rise again and people will still buy bitcoin because bitcoin prices are now down

I think this is now time to hold our breath because price is gonna rise so high this time, we need to have bitcoin now at low price because coming price of bitcoin will be very high, some experts have predicted the price of bitcoin as highest at the end of 2018 and it will be more than this at the beginning few months of 2019. I am sure bitcoin will be high in price this year and we will end up 2018 celebrating the highest price ever.

Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''

When Mt Gox start selling again BTC will go to about 6,300.
To win in this market is not easy
Tron is doing a pump with its insiders
Whales are up to their usual tricks
Tether can not be trusted!

You can't really do anything with 100$. Anything below 300$ is just too little.

Well that can be a way but there's plenty of ways to actually get back your capital because if you just hold that coin which means you are still not accepting the loss what you've face.

Agreed, The success of an economy of a specific country would be its vital foundations, Like currency, Industrial works and agriculture, Crypto has its own way of modernizing this foundations, with the help of its technology and projects that will improve the lives of all the people of the worlds, When you are in deep forums here in crypto , you will learn that the crypto has a lot to offer to the society.

I've read online and on this forum and elsewhere comments from people who talk about the future of bitcoin whilst at the same time drawing their conclusions from the past. For example, some people have commented along the lines of "Bitcoin was $20k at the end of 2017 so it should go back there soon/ it's currently undervalued/ etc." There are others who talk about technical analysis providing signals to buy or sell (or to "go long" or "go short" in trader parlance (more on this later). And then we have the "fundamentalists" who talk about the economy, decentralisation, the value of the blockchain and so on. I wanted to see if any sense can be made from all this and whether we can identify any trends and the drivers behind them.

I started with looking at some statistics from this forum. Here are the stats from 1st January 2016 to 31st December 2017, a full two year period.



We can see an overall steady increase which then starts to increase exponentially during early 2017 and then drops off in the final month of 2017. This pattern applies fairly uniformly for new members, online, new posts and in fact all measures of activity. It will be easier to see if I plot some graphs, which I have done. Here is the first one.



We can see that aroundabout Dec 2016 new posts being created on bitcointalk started to increase month-on-month. By June/ July 2017 there were around 6,000 new posts being created compared to the 3,000 per month in Nov/ Dec 2016. The activity had doubled. And it continued to increase. This particular measure is a good indicator of activity within the existing forum community. If we compare this to new members joining the forum we see something interesting, but not altogether surprising. Here is a graph of new memberships:



We can see straight away that the rise we saw with new posts came much later with an increase in new members. It means that existing forum members were already discussing bitcoin more, rather than the rise in posts being attributed to new members. What this boils down to is that new members were joining the party after the bandwaggon was already some way down the avenue. In fact this increase in memberships only really took off around May 2017 - that's a full six months after the start of the increase in activity of existing members.

To get a better perspective I've taken the trends in bitcoin interest as measured by Google search. Here is a graph for the same two period looked at above:



Notice here that the increase in interest, measured by Google search activity, only occurred around Nov 2017 - that's a further six months down the line still. It means that interest, and by corollary, investment in bitcoin is taking place first within circles of people who are already engaged with bitcoin with the people at large catching on much later.

The question is, where do price movements kick in? Here is a graph showing bitcoin's price (in USD) for 1st Jan 2016 to 31st Dec 2017:



It bears an uncanny resemblance to the level of interest as measured by Google search. If we look at these two graphs, above, we can see a clear similarity. The more people become "interested" in bitcoin, the more the price rises and by proportionally the same relative amount. Number of searches for "bitcoin" goes up by 100% on Google then so does the price of bitcoin.

Of course, anyone might argue that all this is just pure coincidence. So we need to show whether or not it is. To do so we need to see whether there is any direct correlation between volatility of bitcoin compared to other assets. The closest comparisons would be other commodities but we should also include stocks, ideally something like the S&P 500 to get a good enough barometer of comparison. Here is a graph plotting the volatility over one year rolling periods since 2011:



It's clear to see that the three do not move in tandem. One final test, just to be sure, is to calculate actual correlations between bitcoin and a large enough sample of other assets. Here is a graph showing just this, correlation with 1,400 ETFs which cover pretty much the investment universe:



Around 99% of correlation occurs within -0.1 and +0.1 which is quite categoric in that bitcoin is uncorrelated with anything else outside of the crypto space. If you're now wondering whether bitcoin is correlated with other cryptos here is a table showing the correlation over the past three months:



It can be seen that bitcoin is indeed highly correlated to other cryptos ( the last four items in the table represent a comparison with other assets as follows: ^SPX = S&P 500 Index, ^VIX = CBOE Volatility Index, ^GLD = SPDR Gold Shares, ^TNX = CBOE 10-year treasury-note yield.)

To sum up, interest in bitcoin, which in turn affects its price, is the key driver. The increase in 2017 was extremely significant as it saw bitcoin's biggest rise since its inception in absolute terms. This was fed by a media frenzy which brought the existence of bitcoin to the awareness of people around the world who had never even heard of bitcoin. For fear of missing out many jumped in, driving the price up. This links in pretty much exactly with the Google search data above. It's worthy to note that the drop in Google searches for "bitcoin" since the third week of December 2017 have coincided with a corresponding and proportional drop in the price of bitcoin.

 

The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?

Selling altcoins and buy bitcoin it's not good strategy because if we want to earn more profit better if we have more altcoins than bitcoin. Bitcoin is good to buy more this time because you can get more profit but it's not mean that you sell your altcoin to buy bitcoin they have better strategy that you do buy bitcoin with your extra money and hold your altcoins.

Silver price has gone up +1% every week for past 6 months and it is going to $50/ounce slow and steadily. Buy Silver if you have less money.

Profits from Gold, Silver and Bitcoin will be the same after 5 years when you see Bitcoin falls -$800 in 2 hours.

Yeah that's what I'm thinking, Apple is multi-million company and if they will expand into crypto they will surely create their own token rather than just accept bitcoin. Let's wait what they are planning about crypto.

Why are you so sure and want the price to go down right away? indeed nothing is impossible in this world of crypto, but I'm sure bitcoin not down to 1$. last year bitcoin prices up above 15k $ and haven't experienced a price reduction. and this year is where bitcoin is corrected and corrected. I think it's normally. because the price up is so significant before.

It can only be speculated and you can never speculate 100% precisely but almost all the top experts have been of the view that 2018 is the year of stability and the term stability is directly associated to profits which in turn rise the demand in the market and the rise in demand implies appreciation in prices. SO keeping the chain in mind, I hope the values of Bitcoin might rise high in the current year. But you can never predict how much.

war cryptocurrency seems the government is fighting cryptocurrency by not accepting and will not legalize cryptocurrency as a valid payment instrument.

This up and down are the usual behavior that bitcoins are showing from a long time. No matter what are the circumstances, one must keep confidence in bitcoins and don’t get panicked in strict conditions.

Day trading must require some extra ordinary skills to win with it.. Practicing intensively will definitely help anyone but most people are suggesting to go for holding instead of struggling with day trading. Making more profits is the goal for all of us but preventing losses also should be our goal which is not possible with day trading most of the time.