I looked at graph price of BTC out of curiosity. I have noted to the price floor:
2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+
Do you see something frightening in it?
We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?
In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!
So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.
Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.
What do you think about it?
You've done a good analysis. You are right that the price of bitcoin today depends on the actions of whales and the government. The state can affect the strong growth of bitcoin, and its fall. It seems to me that in 2017 it would be a kind of test of price for strength, and can bitcoin cost$20,000??? It turned out. I think in 2018 there will be another check of the peak price of bitcoin.