Crypto traders were in a selling mood on Wednesday and Thursday, with Bitcoin dipping below $10000 for the fourth time this year. Bitcoin quickly recovered lost ground, and all digital currencies are making a comeback, but we're far from the highs registered earlier this week.

Digital currencies took another step lower Thursday as momentum from the previous day's selloff proved tough to overcome. The price of the No. 1 digital currency, bitcoin BTCUSD, +3.15% plummeted to a three-week low of $9,075.87 and is now down more than 20% this week.

Ofcourse bitcoins volatility is normal, thats why investing in it gives a higher risk than a traditional investment but also gives a higher profit. Just do not panic on some of its drops because it will rise soon. Panic selling brings nothing but failure and holding your stocks is a better idea than selling in low price.

I get really shocked by the way bitcoin price is doing now. It goes up and down within a certain range. It is like we are trapped in the middle of the resistances and supports.
Who do you think will win in this market?
I wonder what will be trend of bitcoin price to help me when to buy and sell bitcoins.

Bitcoin now is not the wet dream of Satoshi Nakamoto.
But eventually, if it will go the right path it will be.
What does decentralized mean? We don't want anyone to control it or have some power on it.
If there are 10 coins and I divide it to 10 people, then every person has one coin. I guess it's decentralized now, but is it?
Bitcoin was adopted by millions of people, let's say less than 50 millions people. Bitcoin is a world currency, from Africa to the USA, from China to Sweden.
They all can use the same currency to buy the same things. But here is the problem!
50 million people are less than 1%, then what is so decentralized about this? Bitcoin will become a serious currency in my opinion once there will be more than 1 billion holders around the world. Then the volatility will go extremely down.