Topic: [10-13-2018] Is 2018 a waste if if bitcoin prices don’t recover? - page 2. (Read 430 times)
October 14, 2018, 05:03:50 PM
The problem is, people got drunk on the exponential growth of the 2017, and a lot of people have joined this community during those times, so everyone expected that somewhere in 2018 cryptos will start to recover, return to the level of previous ATH and then go higher - this sentiment was fueled by "experts". Now as we come closer to the end of the year, frustration grows, but frustrated people should only blame themselves for having unrealistic expectations.
October 14, 2018, 04:41:03 PM
2018 is a waste for the dumb, but a precious gift for the smart using it to accumulate as many coins as possible.
Crypto bear markets never last endlessly, and as always, previous all time highs become bottoms in the forthcoming years. The charts are your source of truth if you don't believe what I say.
People's problem is that they come here for speculative purposes only, and when you don't actually use Bitcoin, you're wasting your time waiting for the price to go up.
This bear market allows Bitcoin and LN to mature without having a bull run exposing how crippled the network can become. I really appreciate the low fees as daily user. I'm certain Ethereum developers are equally as happy that their network is operating smoothly in current days. Bitcoin isn't ready to go through another bull run like we had last year, people need to accept that.
Crypto bear markets never last endlessly, and as always, previous all time highs become bottoms in the forthcoming years. The charts are your source of truth if you don't believe what I say.
People's problem is that they come here for speculative purposes only, and when you don't actually use Bitcoin, you're wasting your time waiting for the price to go up.
This bear market allows Bitcoin and LN to mature without having a bull run exposing how crippled the network can become. I really appreciate the low fees as daily user. I'm certain Ethereum developers are equally as happy that their network is operating smoothly in current days. Bitcoin isn't ready to go through another bull run like we had last year, people need to accept that.
October 14, 2018, 04:17:52 PM
As the author himself finally concludes at the end of the article, this year in not waste because price is "so low" in comparison with the end of last year - this was something which does not happen every year, and it was not realistic to expect something similar to repeat this year (although there is still time until the end of this year).
I guess everyone is still hoping that we can duplicate last year's performance. But I'm sure that majority will agree that we won't see another big leap this year because we don't have any significant news that will push the price to even the 5 digit mark.
Pumps and dumps are good for making profit, but they also create a negative image when it comes to cryptocurrency - many people lost money and they say BTC is just one more internet scam - they unfortunately do not see the wider picture. I see this year in positive light just because BTC is holding strong above 6000$ and this is a good starting point to move up.
Its really big chance this year. We no longer see the FOMO we witnessed in 2017. All we have right now is bots, pump-and-dump traders and whales manipulating the prices on their favour. Yes the price is still strong at $6000 a pop so that's a good sign that we're not seeing another bottom price but at least its stable. So let's say we look at 2019 with optimism and let this 2018 be a good lesson for most of us, specially those who hasn't witnessed a bear season yet.
October 14, 2018, 12:47:18 PM
Check out the charts. It always goes up and down in waves like the human nature. One day you are in a good mood, ready to work, another day you're down and don't want to do anything. Enthusiasm comes in waves. Once people get over their 2018 loss they'll think about new ways to make money, new opportunities, and they will invest again.
October 14, 2018, 08:00:11 AM
Nope. Because everyone had 2017 to play with and you don't get years like that very often. If you were there at the start of it then you would've had to have done something very special to be worse off.
All those who got sucked in during the year, well you should be aware that what goes up comes down and if you sit there for long enough the chances are you'll do more than fine in a while.
All those who got sucked in during the year, well you should be aware that what goes up comes down and if you sit there for long enough the chances are you'll do more than fine in a while.
October 14, 2018, 06:55:54 AM
As the author himself finally concludes at the end of the article, this year in not waste because price is "so low" in comparison with the end of last year - this was something which does not happen every year, and it was not realistic to expect something similar to repeat this year (although there is still time until the end of this year).
Pumps and dumps are good for making profit, but they also create a negative image when it comes to cryptocurrency - many people lost money and they say BTC is just one more internet scam - they unfortunately do not see the wider picture. I see this year in positive light just because BTC is holding strong above 6000$ and this is a good starting point to move up.
Pumps and dumps are good for making profit, but they also create a negative image when it comes to cryptocurrency - many people lost money and they say BTC is just one more internet scam - they unfortunately do not see the wider picture. I see this year in positive light just because BTC is holding strong above 6000$ and this is a good starting point to move up.
October 14, 2018, 04:59:33 AM
just HODL
October 14, 2018, 04:35:05 AM
Despite the excitement being generated in the space of cryptocurrency, to the tune of a $200 billion market capitalization or about five times that of popular electric car maker Tesla, 2018 has been a decidedly bad year in terms of increasing valuation.
Since reaching a pinnacle in December 2017, when Bitcoin prices soared on an exponential bull run to end the final quarter of the year, BTC and the majority of the altcoin marketplace has seen a steady erosion in price over the last ten months. During that time, there have been numerous stories, indicators and otherwise wishful comments made that the bear cycle will break before the end of 2018, with at least one more bullish leap for BTC before we enter the new year. However, last year’s all time high of near $20,000 is appearing to be more and more of a longshot as we enter the final quarter of the year, with the potential for another exponential increase for the coin also looking dismal. There have been bright spots for Bitcoin valuation, particularly in relation to news surrounding the development of a BTC Exchange Traded Fund.
Article in full is here: https://ethereumworldnews.com/bitcoin-price-cryptocurrency-2018-2019/
Since reaching a pinnacle in December 2017, when Bitcoin prices soared on an exponential bull run to end the final quarter of the year, BTC and the majority of the altcoin marketplace has seen a steady erosion in price over the last ten months. During that time, there have been numerous stories, indicators and otherwise wishful comments made that the bear cycle will break before the end of 2018, with at least one more bullish leap for BTC before we enter the new year. However, last year’s all time high of near $20,000 is appearing to be more and more of a longshot as we enter the final quarter of the year, with the potential for another exponential increase for the coin also looking dismal. There have been bright spots for Bitcoin valuation, particularly in relation to news surrounding the development of a BTC Exchange Traded Fund.
Article in full is here: https://ethereumworldnews.com/bitcoin-price-cryptocurrency-2018-2019/
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