Has bitcoin price reached its peak?

[coinplus]

For the question of bitcoin is already reached its peak price levels then definitely you want to, has bitcoin being adopted by all the people this world or leased by half of the world population or 10% of them ? If the answer is "no" then definitely the peak price of bitcoin yet to come. I mean to say adoption level will be deciding bitcoin price level which means more demand will occur when more people will be adopting bitcoin which only decide the peak price of bitcoins.

Japan's adoption and regulation may first out of world's ~180 country. More country may follow Japan in coming days which may decide another level of demand of bitcoins. In my opinion, it is completely meaningless to call $19,800 as a peak level of bitcoin for all the times.

[ostrovagaly]

I think that it is not, because it has not yet been mined to its last exodus and will be mined for at least 20 years so while it is extracted it is almighty

[khaled0111]

All these rules and regulations will dump Bitcoin even more.
Bitcoin shouldn't be regulated or controlled. Governments will never accept that and will regulate it after they realized they can't stop it.
Though, the price can't be predicted due to high fluctuation that can't be explained.

[hitrawal91]

Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.

Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.

Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.

Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.

Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.

With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?

There are high probabilities of bitcoin to become prevalent method of payment as there is huge demand rising day by day all over the world and especially in my country India the demand is rising at rapid speed.The trend of the bitcoin price is looking good for now as i can see the bottoming formation is almost came to end and now it's time to rise soon. I am personally planing to start long term investing plans soon by this month end.

[ilvbtc]

Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.

Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.

Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.

Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.

Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.

With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?

I think this man is right.
https://blog.unocoin.com/analyst-who-predicted-bitcoins-rise-now-sees-it-hitting-300-000-400-000-fdfdd2fb01c5

[Meraki]

For me, I think that bitcoin didnt reached its peak yet because it is still early years for cryptocurrency there are so much room for improvement and also in the following years there will more development will be made for Bitcoin and for crypto as a whole. So we can see much higher peak in the future.

[Loveaaronbaby]

Japan has become one of the largest markets in the world for cryptocurrencies. Trading in bitcoin-Japanese yen accounted for about 57.6 percent of total bitcoin trading volume, according to CryptoCompare.

Japanese authorities recognized bitcoin as legal tender last April and require cryptocurrency exchanges to register with the government. Sixteen exchanges have done so, March 7, reported by FuninUSA.

Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange. Recently, Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country.

Binance CEO Changpeng Zhao confirmed receipt of the warning, tweeting: "Our lawyers called JFSA immediately, and will find a solution.” Reported in FuninUSA, Zhao has once expressed that the company tried to get a license in Japan but has decided to remove its staff from its office.

Bitcoin traded 3.4 percent lower near $8,417, according to CoinDesk at 10:20 a.m. ET. As you know, this price is nearly half the price when bitcoin hit its highest price last year.

With the stricter regulation of cryptocurrency, what do you think is the trend of bitcoin price? Also, what’s the possibility that bitcoin would become a prevalent method of payment?

I think the price of bitcoin is now low. In the past two months, the price of bitcoin has dropped from $20,000 to $8,000. I think this is only temporary. He will soon return to normal. What we need to do is to wait patiently.

[ShrykeZ]

It's like the ocean waves, up and down as a way of life; hopefully this volatility will start to subside and a healthy climb results.

[Jimile]

I do not think that with the regulation of the cryptocurrency by the state, this will somehow affect the price of bitcoin.  the future may be bitcoin and will become a common payment method

[Washball]

Bitcoin has reached it's 2017 ath of almost 20K in December last year. It has not yet reached it's ath of this year, that will happen in December, bitcoin will the reach 30K. The price is dropping at the moment from 8K something to below 8K. That's the result of all the FUD of the last few weeks. But the IRS is giving cryptocurrencies real hard times with their statement that crypto will be considered properties that will be taxed. When all this FUD is over, the price will start increasing again.

[dpoisoner]

Nobody knows the future. In my opinion, Bitcoin has a long ways to go before its done