yes bitcoin is future but is in serious bear market now with no signs recovery volume gets weaker and weaker and falls more will be months by the looks till return to growth
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yes bitcoin is future but is in serious bear market now with no signs recovery volume gets weaker and weaker and falls more will be months by the looks till return to growth
No doubt it's a correction phase as well some regulation clouds are around.. I believe after a certain level of regulation things will grow with much more rapid pace.. Bitcoin and related networks are really creating a value and have to be part of future.
A correction would be a small percentage over a short time frame
who can say when will return to growth
maybe will keep going down until $1500 and wont go back up untill after the next halving in 2020
Yes it might be .. but price is a direct reflection to any improvment or value BTC is added to whole cryto eco system .. as soon as any such value triggers we can see a price jump
price isnt really a reflection ecosystem grows all the time but prices fall
look at the growth of bitcoins hash rate 14 > 40 in 6 months yet price continues to fall
https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&g=15&t=a
The best part is unlike centralized networks the innovation is happening around the edges of network and open to everyone with any permission . so day by day we can see a lot of value and innovation being added ..