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CryptoBuds

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Quote from: beerlover on December 30, 2022, 03:56:36 PM

Quote from: CryptoBuds on December 29, 2022, 11:19:50 PM

2018 is considered the worst year as it may be the first shock to many people who are new to the market, but compared to this year.
This year is really the worst year for bitcoin because it has never experienced difficulties such as war, economic crisis as well as interest rate pressure. It has to be said that this has been a challenging year as well as a test for bitcoin, and the fact that bitcoin ended the year at $16k isn't too bad.

I agree with OgNasty, in the future, we will have more difficulty and unpredictability than years ago, when CBDC and regulation were affecting the market and bitcoin.

I agree that this year has been one of the worst years economically, not just crypto neither because the whole world has been terrible economically. I had the worst year of my life economically in 2022 and I do not think that it has anything to do with crypto.

I made the most amount of money I have ever made, I made way more than I normally make and even with that I am still in debt, thankfully not a lot but that's thanks to me making a lot of money, whereas many people couldn't and they are living a terrible life right now. I am guessing that it's going to be a terrible year overall and we are going to end up with even worse situation in 2023 if governments do not fix the problem.

Perhaps I am like you in this, although this year the crisis and inflation are rampant, I have a much higher income than in previous years. Not only was I able to pay off my old debts, but I also saved some money, and that's why I hope this bear season can last longer or even fall further so I have more investment opportunities.
This year has been a bad year for bitcoin, but it's not bad for investors like me. I missed my chance in 2018, so this is my chance to correct all my mistakes.

beerlover

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Quote from: CryptoBuds on December 29, 2022, 11:19:50 PM

2018 is considered the worst year as it may be the first shock to many people who are new to the market, but compared to this year.
This year is really the worst year for bitcoin because it has never experienced difficulties such as war, economic crisis as well as interest rate pressure. It has to be said that this has been a challenging year as well as a test for bitcoin, and the fact that bitcoin ended the year at $16k isn't too bad.

I agree with OgNasty, in the future, we will have more difficulty and unpredictability than years ago, when CBDC and regulation were affecting the market and bitcoin.

I agree that this year has been one of the worst years economically, not just crypto neither because the whole world has been terrible economically. I had the worst year of my life economically in 2022 and I do not think that it has anything to do with crypto.

I made the most amount of money I have ever made, I made way more than I normally make and even with that I am still in debt, thankfully not a lot but that's thanks to me making a lot of money, whereas many people couldn't and they are living a terrible life right now. I am guessing that it's going to be a terrible year overall and we are going to end up with even worse situation in 2023 if governments do not fix the problem.

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Quote from: CryptoBuds on December 29, 2022, 11:19:50 PM

Quote from: ?? on ??

Quote from: Jating on December 29, 2022, 02:47:42 PM

Quote from: OgNasty on December 28, 2022, 06:21:22 PM

I would go further and say this was the worst year ever for Bitcoin. We've never seen such a prolonged drop below the 200 day moving average and it looks like it isn't done yet. With the world readying for recession and Bitcoin seemingly falling off a cliff, things are going to be pretty dicey over the next 2 years. I only hope that Bitcoin is able to survive and bounce back again. It isn't going to be easy this time with CBDCs on the way along with plenty of regulation to try and rip coins from user's hands. I will admit I'm nervous about this cycle, but we'll see what happens soon enough.

I can't remember but 2018 was much worst for me personally, but this year though, a lot of things really happen that really affected the market in general, and the thing is, we don't even have control over it. If the price change was due to FUD like way back, after a few days, and when things settle down, everything will be back to normal. But not in this case, a lot of event pushes the market even further and yeah, probably making this the worst year for us. But if I'm going to look at the price side, maybe the equivalent is that we will enjoy a huge success in the next bull run and yes, we might see 6 digits minimum.

Yeah, those years are indeed that the worst yet that was our first time on having that bullrun which the price of most coins in the market did hit their 1st ATH where everything is really that hyping.
After that then people do really get used to these kind of moments after years that had come after that, which these upcoming years arent really that surprising anymore.
It is really just there are lots of surprising events that we arent even expecting for it to happen into these years.Worst or not then you should had make yourself
that prepared because this is eventually part of the risk.

2018 is considered the worst year as it may be the first shock to many people who are new to the market, but compared to this year.
This year is really the worst year for bitcoin because it has never experienced difficulties such as war, economic crisis as well as interest rate pressure. It has to be said that this has been a challenging year as well as a test for bitcoin, and the fact that bitcoin ended the year at $16k isn't too bad.

I agree with OgNasty, in the future, we will have more difficulty and unpredictability than years ago, when CBDC and regulation were affecting the market and bitcoin.

For me that's also more than worse seen we really feel the drought at that time and recovery period is so long since we experience a long bearish market condition in that year. Maybe this 2022 is just a chunk of it and people easily get over with those incident that's why maybe we can see less people get panic on current situation. Other see this as an opportunity since many expect about possible bull run to come on next halving.

CryptoBuds

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Quote from: Jating on December 29, 2022, 02:47:42 PM

Quote from: OgNasty on December 28, 2022, 06:21:22 PM

I would go further and say this was the worst year ever for Bitcoin. We've never seen such a prolonged drop below the 200 day moving average and it looks like it isn't done yet. With the world readying for recession and Bitcoin seemingly falling off a cliff, things are going to be pretty dicey over the next 2 years. I only hope that Bitcoin is able to survive and bounce back again. It isn't going to be easy this time with CBDCs on the way along with plenty of regulation to try and rip coins from user's hands. I will admit I'm nervous about this cycle, but we'll see what happens soon enough.

I can't remember but 2018 was much worst for me personally, but this year though, a lot of things really happen that really affected the market in general, and the thing is, we don't even have control over it. If the price change was due to FUD like way back, after a few days, and when things settle down, everything will be back to normal. But not in this case, a lot of event pushes the market even further and yeah, probably making this the worst year for us. But if I'm going to look at the price side, maybe the equivalent is that we will enjoy a huge success in the next bull run and yes, we might see 6 digits minimum.

Yeah, those years are indeed that the worst yet that was our first time on having that bullrun which the price of most coins in the market did hit their 1st ATH where everything is really that hyping.
After that then people do really get used to these kind of moments after years that had come after that, which these upcoming years arent really that surprising anymore.
It is really just there are lots of surprising events that we arent even expecting for it to happen into these years.Worst or not then you should had make yourself
that prepared because this is eventually part of the risk.

2018 is considered the worst year as it may be the first shock to many people who are new to the market, but compared to this year.
This year is really the worst year for bitcoin because it has never experienced difficulties such as war, economic crisis as well as interest rate pressure. It has to be said that this has been a challenging year as well as a test for bitcoin, and the fact that bitcoin ended the year at $16k isn't too bad.

I agree with OgNasty, in the future, we will have more difficulty and unpredictability than years ago, when CBDC and regulation were affecting the market and bitcoin.

Fundamentals Of

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If 2022 is the second worst year for Bitcoin, then the worst does not make us worry anymore. Is this really the worst? If it is, then I feel elated. At $16,000? Bitcoin has gone through the worst already with that high a price? This doesn't feel like the worst at all.

People should now begin to realize how Bitcoin is actually growing up in the bigger picture. Years ago, everyone was troubled when Bitcoin fell from $32 to less than a dollar. Later on, people again worried when Bitcoin fell from $260 to $50, and then from $20,000 to $3,000. Now we have fallen from $69,000 to $16,000. It doesn't bother me no more.

kamvreto

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~snip~It is really just there are lots of surprising events that we arent even expecting for it to happen into these years.Worst or not then you should had make yourself
that prepared because this is eventually part of the risk.

Unforeseen events are part of the risk of crypto. We can see that 2022 was full of unexpected events that made the crypto market crash and slump, moreover the peak of the 2022 bear market was dramatized by the collapse of FTX managed by SBF which was later arrested by the police.
this is a moment that has become the history of crypto, we really have to be ready. Remember that the market will not be bearish forever, there will be times when the market will enter a bullish mode, it is necessary to be patient and hold what needs to be held at this time.

Jating

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Quote from: OgNasty on December 28, 2022, 06:21:22 PM

I would go further and say this was the worst year ever for Bitcoin. We've never seen such a prolonged drop below the 200 day moving average and it looks like it isn't done yet. With the world readying for recession and Bitcoin seemingly falling off a cliff, things are going to be pretty dicey over the next 2 years. I only hope that Bitcoin is able to survive and bounce back again. It isn't going to be easy this time with CBDCs on the way along with plenty of regulation to try and rip coins from user's hands. I will admit I'm nervous about this cycle, but we'll see what happens soon enough.

I can't remember but 2018 was much worst for me personally, but this year though, a lot of things really happen that really affected the market in general, and the thing is, we don't even have control over it. If the price change was due to FUD like way back, after a few days, and when things settle down, everything will be back to normal. But not in this case, a lot of event pushes the market even further and yeah, probably making this the worst year for us. But if I'm going to look at the price side, maybe the equivalent is that we will enjoy a huge success in the next bull run and yes, we might see 6 digits minimum.

OgNasty

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I would go further and say this was the worst year ever for Bitcoin. We've never seen such a prolonged drop below the 200 day moving average and it looks like it isn't done yet. With the world readying for recession and Bitcoin seemingly falling off a cliff, things are going to be pretty dicey over the next 2 years. I only hope that Bitcoin is able to survive and bounce back again. It isn't going to be easy this time with CBDCs on the way along with plenty of regulation to try and rip coins from user's hands. I will admit I'm nervous about this cycle, but we'll see what happens soon enough.

BitcoinPanther

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Quote from: Dave1 on December 23, 2022, 11:41:36 PM

It's the cycle, this year it was a bear market that's why the price is in the decline, but we have to think what causes the price to go down?

1. War
2. Terra Luna
3. FTX

So that is the main reason for this year, but we don't know if we have reach the bottom in this bear market because the decline will continue till next year.

Yeah, we still have one more hurdle, that is the investigations and rumors about Binance. It this took in negative turn then we can see another flash crash of Bitcoin market. At the current situation, Binance is currently on the hot seat being accused of money laundering and fraud. I hope all turn out well and Binance proved itself to be clear of any suspicion.

Quote from: Dave1 on December 23, 2022, 11:41:36 PM

Of course, we can still recover, but the best time for it is after the halving in 2024.

Bitcoin halving is always been a breather and sparks the bullish trend of the market. So this is like a rainbow after the rain thing.

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Quote from: LoyceMobile on December 16, 2022, 11:39:19 AM

Let's wait until the year is over instead of using incomplete statistics.

Smiles
Do you think something significant would likely happened to the market from your view? We just have few days left so i strongly believe nothing much will occur in this 3 days left, from the charts this happens to be the worst year ever but believe me after the bitcoin halving we would get a straight bull that could definitely leads to a new ATH.

Franctoshi

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Honestly, for me since my come into the crypto space I have never seen such a terrible crypto bear market year such as 2022, Definitely a lot of things has happened this year which has caused big negative impact to the entire market.

However in the other hands I think we're been presented with the best opportunity to buy cheap Bitcoin as well, having seen the price drop from 69k down here at 15k.

coolcoinz

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The price action is the worst I've seen since I came here in 2015, especially that it's all done on low volume. In 2018 we've experienced those 50% crashes more than once and it always happened on very large volumes. You needed thousands of bitcoins to move the price. Often it was over 10k BTC traded on bigger exchanges. Now it's less than 1/3 of that volume which makes me think the price is manipulated. There's very little coins on exchanges, as a matter of fact we have the least bitcoins on exchanges in history, and when someone comes with a 100 BTC it means something, it moves the price even though in 2018 it wouldn't have achieved anything. Also, according to the latest news from blockchain analytics Alameda is dumping whatever they had left and putting it through mixers which coincides with SBF coming home. I think this guy is laundering coins and preparing to bail. One idiot managed to do so much to the market, It's unbelievable.

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Quote from: LogitechMouse on December 23, 2022, 03:47:51 AM

2022 might be the 2nd worst year for Bitcoin but expect more or at least it will continue in 2023 though not as bad as this year. Inflation in US is starting to decline already which is a good sign. On the other hand, the past performance doesn't mean that it will happen in the future. We've seen some events that only happened this year thus, let's not rely too much on past performances. Expect some changes but anytime in the future, I believe that Bitcoin and crypto in general will recover.

You're not making any big predictions because it can't be as bad as it was since Bitcoin lost more than 70% from it's all time high and the maximums are around 80% which is not only a rule for bitcoin but also stocks. Amazon lost about that number when it crashed. 70-80% is normal for volatile stocks.

I think this year can easily be the worst in history because the price kept going down without any bounces. When you look at weekly candles there's nothing good. In 2018 you had that crash from 20 to 10 thousand and it went back up to 17 then again crashed to 5 and went back up to 11 crashed back to 5 went back up to 10 and so on. This time when it crashed from 50 thousand it went straight down to 17 and then nothing, no returns to retest the 30 thousand, just another crash to 14.

IMO it's bad and feels like we aren't in control, the exchanges are.

STT

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Second best year if you now replacing BTC at the lower price I guess. Depends how people look at it, as a cheaper purchase price or a weaker price to sell at. Nobody is suddenly deciding to sell after these months hopefully, now is the time to save at least a little for the future. I only sell in hype periods when people are getting a bit silly, all the time up or down BTC is plodding along wondering what all the fuss is about.
All I mean to say overall is price is not a determination of success, it shows buyer vs sellers on the orders and even with that its fixed to current time rather then long term actual accuracy. We get a heck alot of variance and inaccuracy, dont take it all as deadly seriously correct.

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Quote from: CageMabok on December 23, 2022, 11:33:47 PM

Quote from: MoonOfLife on December 22, 2022, 11:39:14 AM

If bitcoin continues to fall from here and the price hits below 12k, then 2022 will be the worst year for bitcoin. If calling this the worst year I would agree because in terms of declines it's not the worst year for bitcoin, but if you count what happened in 2022, it was a worst year. Crisis, war, inflation... bitcoin has never experienced these things before.

Bitcoin's decline this year was only due to a few different things from the previous one, but Bitcoin could still recover when the things you mentioned are done. And regardless of what others say about Bitcoin this year, I personally still have faith in the price increase in Bitcoin. Because what has been seen and seen by many people in the past on Bitcoin is a proof that maybe it can still happen to Bitcoin in the years to come.

Events that affect the decline in bitcoin prices are something that naturally happens, because with these events many people try to save themselves and choose to sell their bitcoins. But with experience taken from the past, we should already know what the future will be like, yes, I'm sure bitcoin will start to climb again and maybe it will reach ATH. The problem is when it will happen, because it is difficult to predict bitcoin price movements very precisely. So being patient is the key, time will tell everything.

AverageGlabella

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2023/2024 should be the year. I think the inflation rising will be a good thing as people get tired of losing their recent gains from their wage increases and finally start looking for alternatives and I think Bitcoin will be the fore runner for most people looking for the alternatives. I think Bitcoin is ready to welcome these people. We have got over most problems and now it is just convincing the non nerdy or technical people that they can use and understand btc.

_BlackStar

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Quote from: JoyMarsha on December 24, 2022, 10:53:36 AM

The FXT exchange and Luna crash have made this year the worst year for investors, but on the other side, it may also present a chance for investors to buy additional bitcoin at a discount and keep it until the bull run begins in 2024.

FTX and Luna are not the only effects of the market crash, but there are many others. Regardless of what the problem is, I just believe that the current market conditions are normal. Based on the facts, whenever ATH appears on a 4 year cycle, then you can expect a big crash.

Exactly like you said, time to buy, and yes it was a very wise decision. Buy and hold, take profit on the next cycle. The problem is how much we can afford and how long can you hold. People can say anything including the best strategy, but they don't necessarily own bitcoin as they say and become holders of it.

JoyMarsha

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The FXT exchange and Luna crash have made this year the worst year for investors, but on the other side, it may also present a chance for investors to buy additional bitcoin at a discount and keep it until the bull run begins in 2024.

Every crypto investor needs to keep in mind that the market will not be bullish in the current crypto market. You anticipate the worst possible price decline for bitcoin at any given period.

After the worst crypto year ever, one thing that makes me happy is that we are entering a better year in 2023–2024. I'm hoping to get the best return on my cryptocurrency investment.

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In 2022 and 2018, this was a bad year about Bitcoin Value, in 2022 Bitcoin has never jumped to a high value, Bitcoin Value Charts are only at the same point, there has been no significant upward change this year, this has entered several days towards the turn of the year, and 2022 is coming to an end, I don't think there will be any change in the Bitcoin price at the end of this year.

It's possible that 2023 will bring good news about Bitcoin (and we really hope this happens), I'm very sure that Bitcoin will rebound Bullish in the coming year, this will be the most exciting news for all of us, we look forward to this happening. Hopefully in the coming year the market will experience green after so long in a red trend market.

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Quote from: LoyceMobile on December 16, 2022, 11:39:19 AM

Let's wait until the year is over instead of using incomplete statistics.

I guess BTC’s price won’t affect a lot in a week. So yes we can use OP’s stats to compare and estimate simultaneously. Bitcoins are known for repeating the history, so let’s hope this time it also does the same. Many people have already invested huge amount in Bitcoins for these type of returns only, moreover the marketcap of the coin is also huge, so definitely Bitcoins will have to strike back harder. In the mean time we should buy as many bitcoins as we can. When Bitcoins will start increasing in price, it won’t stop, so make sure that we don’t miss the golden opportunity to buy the coins.

eaLiTy

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Quote from: Dave1 on December 23, 2022, 11:41:36 PM

~
So that is the main reason for this year, but we don't know if we have reach the bottom in this bear market because the decline will continue till next year.

Of course, we can still recover, but the best time for it is after the halving in 2024.

The main problem i see is that new investors that lost big due to major scams might not come back and even the FTX scam, which was seen as a major exchange in the space were funneling user funds and misusing the funds and then file for bankruptcy and the number of users that lost money due to that will be thinking twice to invest again and it might influence other potential investors as well and hence we might see a good recovery after the halving but i am expecting some changes in the way we used to see bull runs.

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Quote from: Yaunfitda on December 22, 2022, 11:10:31 AM

Milestones or new all time high should occur in 2025, just like what we have seen in 2017 and 2021.

Of course right after the bitcoin halving, we might see a huge increased in price in 2023, but it's nothing to compare to a new all time high that we might have to see in 2025, numbers like 6 digits have been thrown around, but we will have to see.

Of course bitcoin will have the impact of further price increases due to a reduction, so the chances of hitting the next ATH will be influenced by a gradual recovery, I have confidence it will happen in 2024-2025, judging from all four year cycles running for bitcoin in the market previously.

Therefore, the current period is the right step to enter the market, so that we can prepare a number of investments according to our abilities, because when we reach the next ATH we are in that cycle and can take advantage of the maximum profit. It is this period that may have to wait and try some purchases before for people who want to make big profits.

Quote

For being the worst year for bitcoin, it's kinda scary but we have seen this movement in 2018 and definitely in 2020.

Everyone involved in bitcoin has seen its worst period since 2017 to date, so to set the standard for investing in bitcoin has passed some basic criteria that don't induce undue panic.

Dave1

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Quote from: CageMabok on December 23, 2022, 11:33:47 PM

Quote from: MoonOfLife on December 22, 2022, 11:39:14 AM

If bitcoin continues to fall from here and the price hits below 12k, then 2022 will be the worst year for bitcoin. If calling this the worst year I would agree because in terms of declines it's not the worst year for bitcoin, but if you count what happened in 2022, it was a worst year. Crisis, war, inflation... bitcoin has never experienced these things before.

Bitcoin's decline this year was only due to a few different things from the previous one, but Bitcoin could still recover when the things you mentioned are done. And regardless of what others say about Bitcoin this year, I personally still have faith in the price increase in Bitcoin. Because what has been seen and seen by many people in the past on Bitcoin is a proof that maybe it can still happen to Bitcoin in the years to come.

It's the cycle, this year it was a bear market that's why the price is in the decline, but we have to think what causes the price to go down?

1. War
2. Terra Luna
3. FTX

So that is the main reason for this year, but we don't know if we have reach the bottom in this bear market because the decline will continue till next year.

Of course, we can still recover, but the best time for it is after the halving in 2024.

CageMabok

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Quote from: MoonOfLife on December 22, 2022, 11:39:14 AM

If bitcoin continues to fall from here and the price hits below 12k, then 2022 will be the worst year for bitcoin. If calling this the worst year I would agree because in terms of declines it's not the worst year for bitcoin, but if you count what happened in 2022, it was a worst year. Crisis, war, inflation... bitcoin has never experienced these things before.

Bitcoin's decline this year was only due to a few different things from the previous one, but Bitcoin could still recover when the things you mentioned are done. And regardless of what others say about Bitcoin this year, I personally still have faith in the price increase in Bitcoin. Because what has been seen and seen by many people in the past on Bitcoin is a proof that maybe it can still happen to Bitcoin in the years to come.

LogitechMouse

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I experienced both the bear market in 2018 and in 2022.

The only difference is that, when I experienced it in 2018, I don't have any knowledge at all and I don't have any crypto holdings at that time thus, I'm not affected that much. Now 2022, I'm holding a few coins including Bitcoin and I feel how my portfolio went down so bad. The good thing though is that I'm not letting myself affected thru it and I'm not making bad decisions at all. I'm just steady accumulating more knowing that it will recover anytime soon.

2022 might be the 2nd worst year for Bitcoin but expect more or at least it will continue in 2023 though not as bad as this year. Inflation in US is starting to decline already which is a good sign. On the other hand, the past performance doesn't mean that it will happen in the future. We've seen some events that only happened this year thus, let's not rely too much on past performances. Expect some changes but anytime in the future, I believe that Bitcoin and crypto in general will recover.

el kaka22

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I think it is clear that we are all torn apart about what to think of 2022, but we could clearly say that it wasn't a good year. Perhaps it may not be the second worst year, or maybe it didn't do too bad, but not good or even not great is a clear one.

Considering we had a year where it was all bear run and bad news, I can say that it is clearly an understanding where it is not looking a great deal at all. I personally would love to see it grow bigger next year, to at least 30k+ levels and hopefully over 50k if it is all possible. That would be a good year for me, then we can build from there but the current state of bitcoin is not as terrible as some people make it out to be neither.

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Quote from: ScamViruS on December 22, 2022, 05:05:02 PM

Quote from: goaldigger on December 22, 2022, 04:09:11 PM

The good thing is, 2022 is about to end and we’re still lucky to be here and still have the chance to recover. Let’s just hope that the coming years, the market will start to become better and see if this trend will continue in the next four years. Bitcoin seems to be more week as we are near to end the 2022, probably many are still on a spending moment and still panicking with the fud.

We certainly pray that 2023 will be a good and positive year for the crypto market. In keeping with the state of the global economy, the stock market is also showing a downward trend, along with Bitcoin, it has also seen a downward trend. After the Luna incident the market trend was known to change but the FTX incident came up again and changed the market trend again. And now again Binance FUD is creating a bad effect on the market. Hope 2023 will be a fud free year and the market trend will change in positive direction.

several bad events that occurred and FUD which continues to be spread aiming to suppress the economic market is getting worse. besides that, the war between the two countries also affected the current state of the economy. The crypto market is currently still unstable, there is a lot of negative news that has surfaced and the last one is FUD Binance. Everyone hopes that 2023 will be a good start to the year for the crypto market, but if the market remains stagnant and slides further, we should be prepared for another low. the best trigger is when the Halving will occur in 2024. Hopefully, the market will get better soon, which is highly expected.

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Quote from: goaldigger on December 22, 2022, 04:09:11 PM

Quote from: ScamViruS on December 22, 2022, 03:49:11 PM

Quote from: Saisher on December 17, 2022, 09:17:23 AM

I don't think we'll have what you call a big boom before the end of the month, media still talking about FTX and Luna, and the Bitcoin price is not moving at all, I cannot think of better news that can turn around the market, I don't want to see my portfolio right now if Bitcoin is having the worst year it's even worst on altcoins, but I don't think Bitcoin will go down further to $10k.
If you're a positive investor this is the best time to buy Bitcoin and other coins that have proven their worth in the market.

I'm still optimistic that Bitcoin won't go below $10k. But, bad news has gone crazy in the market, one end leads to another which has a lot of impact on the price of Bitcoin. As more FUD come out, and traditional market conditions worsen, we may see Bitcoin move to unexpected levels. 2022 has been a truly nightmare year for crypto investors, I never dreamed of this scenario. But the reality is that I have faced it. Solid altcoins may be a buy now, from a long-term investment perspective.

The good thing is, 2022 is about to end and we’re still lucky to be here and still have the chance to recover. Let’s just hope that the coming years, the market will start to become better and see if this trend will continue in the next four years. Bitcoin seems to be more week as we are near to end the 2022, probably many are still on a spending moment and still panicking with the fud.

We certainly pray that 2023 will be a good and positive year for the crypto market. In keeping with the state of the global economy, the stock market is also showing a downward trend, along with Bitcoin, it has also seen a downward trend. After the Luna incident the market trend was known to change but the FTX incident came up again and changed the market trend again. And now again Binance FUD is creating a bad effect on the market. Hope 2023 will be a fud free year and the market trend will change in positive direction.

Ultegra134

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Interesting chart. I actually have never bothered to compare gains among the first few years of Bitcoin, in which you'll notice massive, inconceivable gains. It's astonishing to think of an investment achieving over 5500% of its original value within a single year. From my point of view, 2022 has been a terrible year in terms of price. Bitcoin has lost tremendous value, but the somewhat fortunate thing is that this recession is not confined only to cryptocurrencies. People are quick to judge simply by looking at the minus sign in front and claiming that Bitcoin was a Ponzi scheme that came to an end. As I've also mentioned before, 2022 is showing many similarities with the 2018 crash; however, the issue now is a lot wider.

Those who are capable of investing now will have great profit margins in the upcoming years. I see it as a second chance to acquire relatively cheap Bitcoin. Personally, 2018 sucked because it made me abandon cryptocurrencies, but I'm still in the game, so far so good.

Symmetrick

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Quote from: Welsh on December 22, 2022, 01:42:41 PM

Maybe, this will end the predictions based on past years. I don't know why people look at past years performances, and think it'll follow that pattern. It's unsustainable to follow that pattern, and a ton of us would be getting rich. It just doesn't work like that, and I think it's rather naive to think it does.

Such tales were told to me at the end of 2021, when I claimed that the next year would be bearish, because the market works in cycles. I was assured that things would be different now. How wrong they were. Obviously, the cyclical nature of bitcoin has not gone away, and events repeat clearly once every 4 years. Already 3 times in a row. This is no longer a coincidence, and 2022 almost exactly repeated 2018. You can compare price movements.

About the fact that if they followed the scheme, then everyone would get rich. This is a very lame explanation. We all know that bitcoin is constantly growing, but why is everyone around not getting richer. I wonder why? Because knowledge alone is not enough, it is important to be able to apply this knowledge.

goaldigger

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Quote from: ScamViruS on December 22, 2022, 03:49:11 PM

Quote from: Saisher on December 17, 2022, 09:17:23 AM

I don't think we'll have what you call a big boom before the end of the month, media still talking about FTX and Luna, and the Bitcoin price is not moving at all, I cannot think of better news that can turn around the market, I don't want to see my portfolio right now if Bitcoin is having the worst year it's even worst on altcoins, but I don't think Bitcoin will go down further to $10k.
If you're a positive investor this is the best time to buy Bitcoin and other coins that have proven their worth in the market.

I'm still optimistic that Bitcoin won't go below $10k. But, bad news has gone crazy in the market, one end leads to another which has a lot of impact on the price of Bitcoin. As more FUD come out, and traditional market conditions worsen, we may see Bitcoin move to unexpected levels. 2022 has been a truly nightmare year for crypto investors, I never dreamed of this scenario. But the reality is that I have faced it. Solid altcoins may be a buy now, from a long-term investment perspective.

The good thing is, 2022 is about to end and we’re still lucky to be here and still have the chance to recover. Let’s just hope that the coming years, the market will start to become better and see if this trend will continue in the next four years. Bitcoin seems to be more week as we are near to end the 2022, probably many are still on a spending moment and still panicking with the fud.

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Quote from: Saisher on December 17, 2022, 09:17:23 AM

I don't think we'll have what you call a big boom before the end of the month, media still talking about FTX and Luna, and the Bitcoin price is not moving at all, I cannot think of better news that can turn around the market, I don't want to see my portfolio right now if Bitcoin is having the worst year it's even worst on altcoins, but I don't think Bitcoin will go down further to $10k.
If you're a positive investor this is the best time to buy Bitcoin and other coins that have proven their worth in the market.

I'm still optimistic that Bitcoin won't go below $10k. But, bad news has gone crazy in the market, one end leads to another which has a lot of impact on the price of Bitcoin. As more FUD come out, and traditional market conditions worsen, we may see Bitcoin move to unexpected levels. 2022 has been a truly nightmare year for crypto investors, I never dreamed of this scenario. But the reality is that I have faced it. Solid altcoins may be a buy now, from a long-term investment perspective.

KingsDen

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Quote from: ajiz138 on December 16, 2022, 01:08:22 PM

Hopefully early 2023 is an early recovery for bitcoin although we always envision a recession in that year but it looks like this won't affect bitcoin unless we are concerned about fiat.

I don't feel worried in 2022 because we can only HODL and don't think more about other pattern conditions, but I believe after last year's ATH will definitely be bearish and now in 2022 is the time when 2018 repeats itself.

We believe in a 4 year cycle where bitcoin will definitely recover again and look at this picture, maybe it will be the same in 2024?
Hopefully it will.

We are still in the 4yrs circle and at the end of the cycle bitcoin will rise. I would have said that Op should wait till this year is over before he will make the analysis but I just realised that there won't be significant changes in bitcoin again this year.

buwaytress

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Well, I like to say for things to get better, they need to get worse first. I'm ready for more bad news, bring on the FUD and the drops, I ain't going anywhere. All-red quarters first ever, sounds like music to my long-term ears (laugh/cry).

The harder the fall, the bigger the halving bounce, no?

Welsh

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Maybe, this will end the predictions based on past years. I don't know why people look at past years performances, and think it'll follow that pattern. It's unsustainable to follow that pattern, and a ton of us would be getting rich. It just doesn't work like that, and I think it's rather naive to think it does.

Unfortunately, humans are programmed to recognise patterns, even when there's no real pattern there. So, what we think is a pattern, could simply be natural variance. Of course, given enough time, and data you can form patterns, but what we struggle to pinpoint a lot of the time is this pattern was formed because of what happened during that time.

If you compare the last four years with the next four years, if we don't have an event similar to FTX we probably won't see the same pattern. Therefore, patterns are largely useless, as they're a direct response on what happened at the time.

MoonOfLife

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Quote from: Lubang Bawah on December 19, 2022, 11:32:31 PM

What I remember in 2018 is the lowest price of around $ 3800 or drops more than 80% compared to ATH in 2017, now the lowest price is around $ 15500 or drops around 79% compared to ATH in 2021, of course we are still worried about a big decline will occur again because in social media many people who advocated to sell immediately before losing deeper.

If bitcoin continues to fall from here and the price hits below 12k, then 2022 will be the worst year for bitcoin. If calling this the worst year I would agree because in terms of declines it's not the worst year for bitcoin, but if you count what happened in 2022, it was a worst year. Crisis, war, inflation... bitcoin has never experienced these things before.

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Quote from: Lubang Bawah on December 19, 2022, 11:32:31 PM

What I remember in 2018 is the lowest price of around $ 3800 or drops more than 80% compared to ATH in 2017, now the lowest price is around $ 15500 or drops around 79% compared to ATH in 2021, of course we are still worried about a big decline will occur again because in social media many people who advocated to sell immediately before losing deeper.

Do you know people who advocate selling immediately before losing large amounts? If you don't know who recommended it, you actually still have two choices for it. First, you can just ignore the suggestion because maybe that person deliberately wants to trap everyone through that suggestion so he can buy something at a super cheap price.

Second, you could have sold as soon as possible if you really trusted the person who made the suggestion about it. Because he has succeeded in making you panic quickly and release any assets into the market under the pretext of more losses. So you can choose these two options very wisely now.

Yaunfitda

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Quote from: MarjorieZimmermanGinger on December 21, 2022, 07:04:22 AM

Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

I believe that this year will close in much the same way as 2018 and we should not expect any Christmas bull rallies or anything like that. I don't really understand why people are still hoping for some sort of rise in bitcoin when the market is on the verge of a crash and negative news comes one after another. What resources will be used to conduct the bullrun? Now it is worth hoping that Bitcoin at least retains what it has, and does not fall even lower.

Seeing poor resistance in the bitcoin market for this year. So that there is no good accumulation for bitcoin on the bullrun path. This time it also reminds me of your post about the four-year cycle, where all the chaos will culminate when the market again shows a green line on the PC or Android screen that we have, for this year there are almost no resources that can bring bitcoin at a higher price.

Keeping what bitcoin currently has, it looks so lined up and quite organized, it's time to ENJOY.

Quote

With just over 2 weeks left until the end of 2022, Bitcoin is at risk of closing Q4 in the red, meaning that 2022 will be the first all-red year in history, quarter-by-quarter. 2022 brought many anti-records to bitcoin.

Red is synonymous with bulls, looks fierce but scary !!
Never mind, we will wait for the green line in the following year.

Quote

I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.

Always waiting for 2023 for bitcoin to recover everything, so 2024 is the next ATH milestone for bitcoin.

Milestones or new all time high should occur in 2025, just like what we have seen in 2017 and 2021.

Of course right after the bitcoin halving, we might see a huge increased in price in 2023, but it's nothing to compare to a new all time high that we might have to see in 2025, numbers like 6 digits have been thrown around, but we will have to see.

For being the worst year for bitcoin, it's kinda scary but we have seen this movement in 2018 and definitely in 2020.

Symmetrick

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Quote from: tabas on December 16, 2022, 06:42:01 PM

It because they've come up with that idea from the bull run that has happened for both 2017 and 2021. And that's already stuck in their minds and think that every holiday season, there's a potential to rise. Well, there is actually but not for this year as the bull run has passed already and we have to deal with this bear market.

People tend to think that if something grows, it will continue forever. Back in 2021, I conducted a survey among forum users and offered to answer the question, what will 2022 be like: [POLL] What to expect from Bitcoin in 2022?.

As you can see, the majority voted for a new ATH in 2022. That is, they, being in the euphoria of the bull market, thought that this growth would continue and continue, and the historical data that I cited (in the form of a cyclical market, that every 4 years the market experiences a bear year) decided to simply ignore.

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Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

I believe that this year will close in much the same way as 2018 and we should not expect any Christmas bull rallies or anything like that. I don't really understand why people are still hoping for some sort of rise in bitcoin when the market is on the verge of a crash and negative news comes one after another. What resources will be used to conduct the bullrun? Now it is worth hoping that Bitcoin at least retains what it has, and does not fall even lower.

Seeing poor resistance in the bitcoin market for this year. So that there is no good accumulation for bitcoin on the bullrun path. This time it also reminds me of your post about the four-year cycle, where all the chaos will culminate when the market again shows a green line on the PC or Android screen that we have, for this year there are almost no resources that can bring bitcoin at a higher price.

Keeping what bitcoin currently has, it looks so lined up and quite organized, it's time to ENJOY.

Quote

With just over 2 weeks left until the end of 2022, Bitcoin is at risk of closing Q4 in the red, meaning that 2022 will be the first all-red year in history, quarter-by-quarter. 2022 brought many anti-records to bitcoin.

Red is synonymous with bulls, looks fierce but scary !!
Never mind, we will wait for the green line in the following year.

Quote

I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.

Always waiting for 2023 for bitcoin to recover everything, so 2024 is the next ATH milestone for bitcoin.

onecall123

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There should have been a knowledge of better by now. Aside from 2022 being the second worst year for Bitcoin, 2022 was also the year when people learned how important it is to remove their Bitcoins from exchanges. Other than that, it doesn't look scary anymore. We are in the process of bottoming out. Things will return to normal as the cycle repeats.

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What I remember in 2018 is the lowest price of around $ 3800 or drops more than 80% compared to ATH in 2017, now the lowest price is around $ 15500 or drops around 79% compared to ATH in 2021, of course we are still worried about a big decline will occur again because in social media many people who advocated to sell immediately before losing deeper.

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Yes it’s pretty scary how similar 2022 is to 2018. Back in Oct 2022 I was wondering if anything drastic would happen in November like in 2018 but I assumed it would just trade sideways. But in the first week of FTX being insolvent proved otherwise.

Now we just need some normal chop for the next 3 months and it’s confirmation that we are in an accumulation phase and not much will happen really. Until Q2 2023.

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Quote from: Saisher on December 17, 2022, 09:17:23 AM

Quote from: sheenshane on December 16, 2022, 06:59:43 PM

But as of now, 2022 isn't yet over, and might there be a big boom waiting in the middle of the month, what do you think? Cheesy

I don't think we'll have what you call a big boom before the end of the month, media still talking about FTX and Luna, and the Bitcoin price is not moving at all, I cannot think of better news that can turn around the market, I don't want to see my portfolio right now if Bitcoin is having the worst year it's even worst on altcoins, but I don't think Bitcoin will go down further to $10k.
If you're a positive investor this is the best time to buy Bitcoin and other coins that have proven their worth in the market.

Those who believe in Bitcoin will not consider bitcoin as worst. It is a very common picture of Bitcoin 4 year bitcoin cycle. We are aware of a major decline in 2014 where Bitcoin price went from $1000 to below $200. Again in 2018 we faced a major decline where the price of Bitcoin went from around $8000 to around $3000 and 2022 will be another year of decline. At the moment everyone knows about its situation. It has gone from $50,000 to $16000. Bitcoin crash which we see every 4 year cycle. As people's knowledge about Bitcoin increases, people naturally start accepting its variations. Compared to other years, the fall has been drastically more this year. But the most important thing is that after such a fall, Bitcoin is again bullish and is much higher than its previous ATH. According to that calculation I think the next bull market could be even more stronger.

franky1

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second worse year??

excuse me..

i dont think you understand economics

here

dont confuse price vs value

price discovery: archer and arrow trajectory
to hit the bull of a raised value target(bull on the hill). you first need to aim even higher knowing that nature will correct down to hit the raised higher value correctly

forget about the fluffy cloud the price aims at first ATH
dont cry when gravity of the situation corrects

dont call that part the "worse ever"
thats normal

value discovery:
realise the bull is at a raised ground level to where you stood in the past.

what you dont want to see is a previous cycles low(ground level) being higher then this cycles low ground level (hint: it never happened)

gantez

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Quote from: yhiaali3 on December 17, 2022, 12:34:20 PM

In my opinion, 2022 is the worst year for Crypto. It is true that in terms of data and numbers, 2018 is the worst (2018 -72%, 2022 -64%).

For the reason of that FTX exchange scam is yet to bring btc price to below $10k by this time before crossing the end of this month, I think performance for btc this year will not be the worst. FTX in me thinking that the fall is coming but we have 13 more days not looking like price will drop, so is good for the price. Elon musk also spreading fud on btc this year.

yhiaali3

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In my opinion, 2022 is the worst year for Crypto. It is true that in terms of data and numbers, 2018 is the worst (2018 -72%, 2022 -64%).
But at least in 2018, the reason for the decline of Bitcoin was natural factors in the market, and the market did not witness these disasters that we witnessed in 2022.

The worst thing is that the events that took place in 2022 caused a loss of confidence among many investors in crypto in general, and at the same time gave a great opportunity for governments and crypto haters to launch their attack and try to put in place more strict regulations.

But The big positive thing that happened in 2022 is the loss of confidence in centralized exchanges and Altcoin and the increase in confidence in Bitcoin as the only safe haven.

I don't expect anything major to happen from here to the end of the year but I'm optimistic that 2023 will be the year of the bull market.

Stalker22

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One way to measure the performance of Bitcoin is to look at the price changes over time. However, it is important to note that the price of Bitcoin is not the only factor to consider when evaluating its performance. Despite the ups and downs Bitcoin suffered, the cryptocurrency has grown enormously in popularity. In addition, it will continue to be widely used and appreciated as a form of payment and store of value. Those who invested in bitcoin in 2022 have more than enough reason to be optimistic about future price development.

If we compare 2022 with 2014 and 2018, it is certainly possible that Bitcoin will rebound in the 2023 but the question is how big will it be. There are a lot of external factors that can influence the price of Bitcoin, such as legislation, regulation, the state of the global economy, and many more. In my opinion, it is hard to predict the price of Bitcoin in 2023 but we can make some predictions about what will happen in the next years. In years to come, we may look back on 2022 as another watershed moment for the history of Bitcoin. Let us just hope that 2023 will be better for the cryptocurrency than its predecessor.

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Quote from: sheenshane on December 16, 2022, 06:59:43 PM

But as of now, 2022 isn't yet over, and might there be a big boom waiting in the middle of the month, what do you think? Cheesy

I don't think we'll have what you call a big boom before the end of the month, media still talking about FTX and Luna, and the Bitcoin price is not moving at all, I cannot think of better news that can turn around the market, I don't want to see my portfolio right now if Bitcoin is having the worst year it's even worst on altcoins, but I don't think Bitcoin will go down further to $10k.
If you're a positive investor this is the best time to buy Bitcoin and other coins that have proven their worth in the market.

ajanwalker

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I think there will be a pullback up to 11-10 thousand. There is enough negative news coming to the markets for this. Finally, the firm, which oversees the Binance stock market, announced that it will no longer audit the stock market. On the other hand, there was an outflow of $ 1.14 billion on Binance Exchange. CZ explained that a normal situation for us is sometimes a money outflow and sometimes a high money inflow. So before the end of the year, BTC is having its second worst year, but I think this year is a candidate to be the worst. Let's see at what price it will make its annual closing. Even if the market rises again and drops to 11k as soon as possible. It does not seem possible to enter the bull market without seeing the 11k values.

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Think of how will the market collapse if things would be consistently on uprise movement, in particular with the market prices. Sometimes dumps are good for this industry in my opinion, to somehow allow people to cope up with the increase. But ofcourse, too much volatility is another thing.

Quote from: n0ne on December 16, 2022, 06:44:49 PM

Rather than stating it to be the worst year for bitcoin, why don't we take it as one of the best year for investing. I'm not sure, but the whales take it in the right way for investment whereas you and me fear of the market movements and wait for the bullish move to invest. In the past we've experienced the better days after the worst, so this time too we'll experience good. All that need to done, accumulate as much possible and hold what is available.

Best year if you're one with those investors who could endure the bearish market behavior. But since many investoors are minding other problems, we cannot push everyone to put their 'bets' right now given that there's no assurance of when will the market recover. Thus, temporary profit loss (if you'd be caught by dumps the moment you enter) would be lasting for a period. The question is; would you be able to endure it? It is for sure easy to say that you would but it would be different once you are into the projected situation.

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Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

2022 is almost exactly the same as 2018. Looking at the history of bitcoin returns year by year, 2022 was the second worst year after 2018:

Yeah right, it seems there's a pattern, and from the year 2014, there's 3 years gap before it has massive corrections.
From 2014, 2018, and this year we aren't sure yet because there are a few weeks left.

But as of now, 2022 isn't yet over, and might there be a big boom waiting in the middle of the month, what do you think? Cheesy

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Quote from: n0ne on December 16, 2022, 06:44:49 PM

Rather than stating it to be the worst year for bitcoin, why don't we take it as one of the best year for investing. I'm not sure, but the whales take it in the right way for investment whereas you and me fear of the market movements and wait for the bullish move to invest. In the past we've experienced the better days after the worst, so this time too we'll experience good. All that need to done, accumulate as much possible and hold what is available.

You know that people could be having both ways which they would be emphasizing the worst case and some would be seeing or pertaining about being the best case for us to invest.It cant really be avoided that

there would be those people who would be showing off some numbers or statistics on which we should really be grateful at least on having these kind of share up.Not all does have the time and making out effort
on showing these visuals in having these kind of comparison in between years that we do have on this space.
For now,i dont really care that much whether the market is bear or everything is read, one thing on my mind is to accumulate bitcoin as cheap as i could.
There are lots of fake outs happen recently which i cant really blame out people to have enraged with those fake outs which they do believe that it might be already the start of change of trend.

n0ne

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Rather than stating it to be the worst year for bitcoin, why don't we take it as one of the best year for investing. I'm not sure, but the whales take it in the right way for investment whereas you and me fear of the market movements and wait for the bullish move to invest. In the past we've experienced the better days after the worst, so this time too we'll experience good. All that need to done, accumulate as much possible and hold what is available.

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Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

I don't really understand why people are still hoping for some sort of rise in bitcoin when the market is on the verge of a crash and negative news comes one after another. What resources will be used to conduct the bullrun? Now it is worth hoping that Bitcoin at least retains what it has, and does not fall even lower.

It because they've come up with that idea from the bull run that has happened for both 2017 and 2021. And that's already stuck in their minds and think that every holiday season, there's a potential to rise. Well, there is actually but not for this year as the bull run has passed already and we have to deal with this bear market.

Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

With just over 2 weeks left until the end of 2022, Bitcoin is at risk of closing Q4 in the red, meaning that 2022 will be the first all-red year in history, quarter-by-quarter. 2022 brought many anti-records to bitcoin.

True, too many incidents happened for this year but still it's considered as a good year despite that it's 2nd to the worst after 2018, this bear market proven a lot for bitcoin. Well, this is at least for those that have been in the market for years, those that have seen the ups and downs of bitcoin for different years.

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If you look at the following years, they are not exactly big bull years either. This means that 2023 will be a year where we will probably hit the 30-40k range and that's it, I am not expecting crazy price increases during that period. After that, we are probably going to end up with a huge increase all over again, and will probably end with a high price. I do not know if this data takes the 1st of January price to the 31th of December, but I can say that there are bigger ups and falls between the year as well, which means maybe things could look good a bit more, but I am guessing a 30-40k range for 2023 and then 100k range for 2024 as realistic by looking at this.

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Given the crazy issues with business being run on hope and dreams instead of backing customer funds, I think the industry has held up relatively well. Snakes have unleashed their greed on the community and a lot of folks are still standing. Now that the widespread community is aware of the importance of self custody I think the next few years will be very positive ones for Bitcoin’s price.

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Quote from: ShowOff on December 16, 2022, 01:59:58 PM

Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.

I really really hope so. However, this sense of optimism must be supported by the strength and confidence of traders and investors in the market. There is a possibility of holders increasing during the current bear market, so that should be very positive news to support our optimism for bitcoin in 2023 and beyond.

2022 was indeed a bad year for the crypto market as a whole, many disasters happened, it was all just aggravating factors. But bright hope should always be ahead, we hope about that.

I think recovery happens at all times because BTC can't just dump and dump more or remain stable at one price. Many times we are at $17k but later on we are at above $20k and then the price will fall again under it. It was only a small recovery in short but it might be true that big or real recoveries can only begin by next year, so that by the time we hit 2024 the price is already ready for a bull run because 2024 is going to be a special year for BTC.

2017 was the second big break of BTC, so it's normal that its fall were also heavy, same as on 2021 where BTC also reach its third highest ATH. People must have expected that a year later the price will also dip hard.

cryptomaniac_xxx

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Quote from: ShowOff on December 16, 2022, 01:59:58 PM

Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.

I really really hope so. However, this sense of optimism must be supported by the strength and confidence of traders and investors in the market. There is a possibility of holders increasing during the current bear market, so that should be very positive news to support our optimism for bitcoin in 2023 and beyond.

2022 was indeed a bad year for the crypto market as a whole, many disasters happened, it was all just aggravating factors. But bright hope should always be ahead, we hope about that.

Yeah, I think it expected that 2022 will be a bad year but we didn't expect this as well, I mean this is the first time that the market has fallen below our previous all time high in 2017 and probably will end the year with that data.

It was really the war that took a toll on every investor, not just crypto, but traditional market as well. So we can only hope that 2023 could be the start of our way to recovery at least in Q2 if we are going to base in in 2019's data.

ShowOff

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Quote from: Symmetrick on December 16, 2022, 11:19:27 AM

I hope, relying on the theory of the cyclical nature of the bitcoin market, 2023 will still be the beginning of the recovery of the crypto market in general and bitcoin in particular.

I really really hope so. However, this sense of optimism must be supported by the strength and confidence of traders and investors in the market. There is a possibility of holders increasing during the current bear market, so that should be very positive news to support our optimism for bitcoin in 2023 and beyond.

2022 was indeed a bad year for the crypto market as a whole, many disasters happened, it was all just aggravating factors. But bright hope should always be ahead, we hope about that.

ajiz138

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Hopefully early 2023 is an early recovery for bitcoin although we always envision a recession in that year but it looks like this won't affect bitcoin unless we are concerned about fiat.

I don't feel worried in 2022 because we can only HODL and don't think more about other pattern conditions, but I believe after last year's ATH will definitely be bearish and now in 2022 is the time when 2018 repeats itself.

We believe in a 4 year cycle where bitcoin will definitely recover again and look at this picture, maybe it will be the same in 2024?
Hopefully it will.

LDL

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Bitcoin at 2014: price bounce back $1000-$111.6 due some important issues, MtGOX hacked with 744400 public bitcoin and this year people's Bank of China banned bitcoin and others crypto related instructions.

Bitcoin at 2018: Price bounce back $8000 to $3709

Bitcoin price at 2022: price bounced back 15k due to two the biggest issues.. Luna Crashed and second the most recently FTX hacked and bankruptcy.

Symmetrick

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Quote from: LoyceMobile on December 16, 2022, 11:39:19 AM

Let's wait until the year is over insetad of using incomplete statistics.

Nothing will change drastically. If you think that looking at the year does not make sense without 15 days that have not yet ended, then this is your right. Personally, according to these statistics, everything is quite clear and obvious to me. Or maybe you are hoping that now Bitcoin will suddenly explode by $30,000?

LoyceMobile

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LoyceV on the road. Or couch.

Let's wait until the year is over instead of using incomplete statistics.

Symmetrick

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