These so called "experts" in cryptocurrency might just making their own opinions so don't easily believe on them or fall prey to their predictions because no one exactly predict what will happen in the future prices of the coins. You should educate yourself on how the cryptocurrency market behave and on what are the factors that influence their prices instead of relying your decision in the predictions of the experts. Cryptocurrencies are said to be unpredictable so not even the experts can assure you of what will be the prices in the future.

I think the present price decline of the bitcoin will not lead to an end for the top cryptocurrency. This is a price cycle that every cryptocurrency can't avoid including those so called price manipulations by the whales. Many investors think that the present price of the bitcoin is still pricey and decided to wait for further price
drops  before buying again so last year's bullrun will not happen again this year it reach its bottom.

A friend from the social media introduced me to a new kind of currency called bitcoin more than three years ago and later urged me to invest on it. My other friends in social media believe that te cryptocurrency is a scam so I made a research first and discovered that bitcoin is not only cryptocurrency that existing at that time and many people are already using it in their online transactions. Some people in the social media are already using the bitcoin in their so called online investments that include HYIP which are mostly scams.

Holding the coins is still the best strategy if you still want to recover your loss and selling your coin will only contribute to the price decline.The whole market is in a state of long downtrend but I believe it will not last and will bounce back in due time. Low price will make cryptocurrencies attractive again to the investors so it means price declines will give us the chance to buy coins at affordable price before it go up again.

The fiat is still the leading currency that used by the terrorists and money launderers because is not so volatile and less risky compared to cryptocurrencies. Cryptocurrency is more difficult to use than fiat to those who want a quick payment because you have to convert it into cash first before you can able to use it. Furthermore, its value is always unstable and fluctuates rapidly which might cause a problem when its price suddenly go down after a transfer.

It may depend on a kind of government or country because some wealthy countries welcomes the existence and use of cryptocurrencies by their citizens. They never considered the virtual coins as threat to their national currency or economy but some governments might be cautious on legalizing cryptocurrencies because of its volatility and risk. In the third world countries, majority of them are not prepared for this kind of currency and most of their leaders and economic managers may feel threatened by the popularity of cryptocurrencies.

I think the drop in the price of bitcoin is not yet over and according to some crypto analyst s or expert, it will further go down this yearend. Lack of positive factors will continue to drive the market down and bitcoin might not even going to break $5k for few months. Some investors are also waiting for the bottom price of bitcoin before they start buying again so it is not certain if bullrun will coming this december. But if this the decline of prices is caused by some whales or manipulators then it is difficult to know when will they pump the again.

Ethereum is better than ripple when it come to technology or innovation and its features will be updated to improve it further. But the price of ethereum is gragged down by bitcoin sharp declines and it is having a difficult time in its own price decline. Ripple or xrp is backed by some international banks and there also a report that Bank of America is in talk with ripple. Ripple managed to go up even the price of bitcoin is falling and this continued gains resulted in overtaking ethereum in second place in the coinmarketcap ranking.

I also believe that bitcoin can't able to reach the forecast of $15k this year end unless bullrun start now. But the price of the bitcoin is still at $4100 level as of moment after it suffered a sharp decline several days ago. Bitcoin's growth might remain slow this whole december with some short uptrends because of the holiday season. I also believe that next year there will be some sort of recovery but it is dificult to know if this recovery will be short term or will lead to another bullrun.

The cryptocurrency market always go through the cycle of rise and fall and its present situation will eventually change to positive growth once the investots starts to buy again. The market will continue to grow in the future because of the new coins that yet to be created or develop. Bitcoin and other top coins may experienced prolonged price declines but once their price become lower and affordable again, it will become attractive to many investors again.

I think there are only price spikes or short uptrend but not a bullrun because the price of the bitcoin is still declining. Year 2018 is very different if you compare it to 2017, which is year of the bullrun. Prior to the year 2017, no one had ever predicted exactly that bullrun would happen in that year so it is better to continue holding your coins till the recovery start. The holiday season will also make it more impossible for the bullrun to happen because most of the people are in spending mood.

Many companies are already aware of the existence of cryptocurrencies especially bitcoin and some online shops are already accepting coins as a payment. Many remittance companies here in my country are also already accepting bitcoins. Many companies won't going to accept bitcoin if it is are not yet legalized by the State and others think that regulations is needed before using it. Companies are also discouraged by bitcoin's high volatility compared to fiat currency.

The ethereum 2.0 update is been called serenity which can solve the scalability of the coin. Serenity is a major shift to a markedly advanced platform packed with foundational improvements to power the future of the most prominent programmable public blockchain. This major update will also boost the price of the ethereum once it is implemented in the late 2019 or early 2020. I think this ethereum update is poise for more testing before it is implemented.

There are some factors that can cause the price of bitcoin to go down like hacking of a major crypto exchanges and government moves against the cryptocurrencies. But some people believe that the recent sharp drop of price of bitcoin was caused by manipulators or whales who want the price to go down more. There are also report that crypto trading bots might also manipulating the price but it need more research to prove it true.

As of this time, the price of the bitcoin is in $4300 level. The sharp fall in recent days might not be over because according to the analysts, it will fall further in December. If that happen, it will be impossible for the bitcoin to reach the predicted price of 12k to 13k  within a month. December is also holidays for most of the wealthy nations and most of the people are withdrawing their money or converting their bitcoins into fiat for their holiday expenses.

It will happen if the majority of the governments change their minds and support the cryptocurrency instead of fiat. But governments are centralized so they can rein their economy and they will prefer centralized currency than the decentralized virtual coins. Fiat can also turn into virtual currency and can co-exist with the cryptocurrencies someday. So fiat will not easily replaced by cryptocurrency and it might evolve instead in the future.

Coin holders has their own reasons why they chose to hold and wait rather than selling their coins. Some of those who are holding their coins for long term have no time for trading because they are employed or busy in their business. Even the crypto market is been down for many months, they would rather choose to hold because they believe that it would go up again someday.

Patience is one of the most important trait in attaining success in the future and the best weapon against panic. The crypto market has been bearish since this year started and the leading cryptocurrency is now below$4000 from a high of almost $20k in the middle of December 2017. Many traders and investors lost some of their money in this price downtrend and they becoming impatient in waiting for another bullrun because of the prolonged downtend. The present market situation will really test the limit of our patience.

The rising and falling of price is always part of crptocurrencies because of its volatility and it is also the reason why we can able to buy coins in a lower price because of a price drop and earn profits because of price uptrend. Bitcoin is still profitable even its price is falling and I believe in its ability to rise after a sharp fall. So now bitcoin might be bleeding because of its continued depreciation, but it doesn't mean it's dying.

There are reports that the price of bitcoin and other cryptocurrencies are manipulated by some big investors or whales and they are the reasons why the ecrypto market is in bearish situation until now. But I think the main reason in the continued downtrend of bitcoin might be a massive selling or dumping by some investors who are in a state of panic and want to cut their losses. Others are just waiting for the bitcoin to fall further until it become more cheaper before buying again.