[2018-04-24] Bitcoin value is on the verge of another 'price explosion'

Slow death

legendary

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Quote from: Karartma1 on April 24, 2018, 12:43:36 PM

Bitcoin is primed for another “price explosion” that could see the cryptocurrency’s value soar to even greater levels than it experienced in 2017, according to analysts.

wow we are already in the season of optimistic forecasts, remembering that when the price was low and fall every day, all the analysts were silent, the analysts simply disappeared... but we will leave the past behind and focus on the future, so what we have now:

Quote from: https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

“With so many buy orders placing pressure on the cryptocurrency market, a significant price shift is highly likely,” the cryptocurrency website states, adding that a massive price surge is “inevitable.”

It seems to me an argument with some logic, maybe we see even bigger increases than last year

1Referee

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Quote from: BitHodler on April 24, 2018, 04:19:45 PM

In all the years nothing has changed it seems, but it might be just me, but the people finding their way to this market in recent times are the worst of the worst in terms of being a contributing factor. It's mind boggling how stupid people are.

It's not just you, it's the reality that most of the longer term members here have noticed. These people are literally a plague by how they act, talk and totally degrade any form of discussion to the absolute bottom; empty headed baboons they are. The forum is the perfect example of what the average crypto community member/participant looks like.

I wondered for a while why the 2011/2012 members here kept complaining about how much this forum has been degraded by gibberish and paid incentives, but after browsing through the discussions dating back to everything below 2013, I can only agree with them that this forum has turned into one massive pile of rubbish. Where paid incentive drives most people to post today, people back in the days were incentivized by sharing thought and knowledge.

It's even around me where I notice how stupid the average person is. If you try to explain someone that Ripple for obvious reasons can't become worth what Bitcoin is worth today in terms of unit price, then you know that it's pointless to even continue talking to that person. Talking to a wall basically yields the same result; nothing.

BitHodler

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Quote from: aso118 on April 24, 2018, 03:24:29 PM

We need to keep our expectations in check.

I do that, and from the looks you do so too, but that's not how others see the different market phases. It seems that for the media and all other get rich quick noobs it's either all or nothing, and that reflects the price.

The only certain aspect of the market is that the price in the last years has never dropped below its past bottoms, while the rest of the market is one big circus that has zero ties to the utility of Bitcoin.

In all the years nothing has changed it seems, but it might be just me, but the people finding their way to this market in recent times are the worst of the worst in terms of being a contributing factor. It's mind boggling how stupid people are.

aoluain

legendary

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I actually think the hype is starting again.

We have been languishing sub 8K for a number of weeks and as soon as
we see some positive movement upwards there is general positivity.

I think there is a tentative move forward and there is an awareness of a
potential "bull trap"

Simpan

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Quote from: aso118 on April 24, 2018, 03:24:29 PM

This is the problem with the excessive hype surrounding Bitcoin. We have just bounced off previous lows and are only slowly inching up. The current price is less than 50% of the previous All Time High. But still analysts are talking about the next bull rally and a price explosion. We need to keep our expectations in check.

I think it is not a big hype. The BTC and BCH price just started rising.

aso118

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★Nitrogensports.eu★

This is the problem with the excessive hype surrounding Bitcoin. We have just bounced off previous lows and are only slowly inching up. The current price is less than 50% of the previous All Time High. But still analysts are talking about the next bull rally and a price explosion. We need to keep our expectations in check.

Karartma1

legendary

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Merit: 1422

Bitcoin is primed for another “price explosion” that could see the cryptocurrency’s value soar to even greater levels than it experienced in 2017, according to analysts.
The price predictions come amid significant gains across cryptocurrency markets in recent weeks that have seen bitcoin rise by more than a third in value to return above $9,000 for the first time since March.

read more https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-prediction-trend-forecast-cryptocurrency-expert-value-ethereum-ripple-btc-cash-a8319541.html

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