derekwilliam Wrote: My own personal view is speculation. So many people are becoming cryptocurrency investors, average people are throwing their life savings into the market. There is no way BTC had a value of close to 20k, especially with the large fee's for sending on the network. I think the price of a bitcoin has become more reasonable, and that is what we are seeing, a return to sanity.
Crypto currencymarket will eventually stabilize to a point like all other financial instruments, but it takes some time to determine the proceedings. Blockchain is the future. The bubble can't last for ever, that's why its called a bubble.