It has been slowly dying now
dying? the price is $ 3800, how is this is dying?
because people do not believe on it already.
people do not believe it So how do you explain this:
Poloniex Joins Fight for Institutional Investor Market With Dedicated AccountsP2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia
Venezuela
It appears that the popularity of BTC among Venezuelan citizens continues to grow exponentially, despite the introduction of the national cryptocurrency, the petro.
This past week, the week of Dec. 1, the Venezuelan Localbitcoins market posted record weekly trade volume for the seventh time in nine weeks when measured in fiat currency, and the sixth time in the last nine weeks when measured in BTC.
Approximately 1,296 BTC has been traded over the past week, equating to 2.38 billion Venezuelan bolivars ($238.3 million) worth of BTC changing hands.
Colombia and Peru
The trade action of recent weeks has also seen P2P volume surge across other Latin American markets. Colombia and Peru, for example, have posted record BTC volume for two consecutive weeks.
Roughly 596 BTC changed hands in exchange for Colombian pesos (COP) last week, while 186 BTC was traded for Peruvian sol (PEN).
When measured in fiat currency, Colombian hit record volume during the week of Nov. 3, with 8.1 billion COP ($2.55 million) worth of BTC changing hands.
Peru posted record fiat volume for the week of Oct. 20, with nearly 3.15 million PEN ($931,730) worth of BTC being traded.
Argentina and Chile
The Argentinian and Chilean P2P markets also posted record volume for the week of Nov. 10 when measuring in fiat, with 8.25 million Argentine pesos ($220,730) and 243.5 million Chilean pesos ($363,000) worth of BTC changing hands throughout the seven-day period.
South Korea
A number of Asian P2P markets have also shown significant strength in recent weeks, with several markets posting the strongest trade seen in over 12 months, when measured in BTC. This past week, the South Korean P2P markets posted the sixth strongest volume on record with 74.3 million Korean won ($66,715) worth of BTC exchanging hands.
The week of Dec. 1 was also the strongest South Korean trade recorded since July 2017 when measured in BTC, with 16 BTC changing hands.
Bitcoin has no use and only few of the establishment uses bitcoin as a form of payment system and as an asset for the users.
dude, you can see that bitcoin is walking towards a bigger adoption, you wanted what? that all countries of the world would immediately accept bitcoin as a means of payment in their countries, and that the bitcoin price would only increase and never drop? this is what you want?