In 2018, we are having a lot of issues relating to cryptocurrencies and most of these issues are regulations and governments trying to centralized Bitcoin by establishing control over it.
I am thinking if Bitcoin can actually fight on as we can see from the pricing of recent that Bitcoin has been dropping and it is finding it difficult to recover. How far can Bitcoin go? Has governments using the tools' of regulation to control Bitcoin pricing working for them? Your opinion will be appreciated and if you make a good view about what is happening you will get merit from me. Thanks.
Bitcoin is fighting on because traders are pumping the currency again, especially the whales, who have great influence on this camp.
We don't know how far Bitcoin can go, it's unpredictable, but nothing changed from past expectations, on short term everything can happen, on long term the chances are very good for Bitcoin's prosperity (to the moon!).
Governments are just trying to not lose their 'passive income', the abusive taxes citizens pay to them each new month and right after each purchase with fiat on their countries. They don't need to control BTC's price if they can turn Bitcoin into a centralized currency like fiat, and as it seems unprobable, they can just adopt another strategy and create their own Crypto-Currency.