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Topic: All Red and worried? Zoom Out and see the whole (Read 490 times)

full member
Activity: 551
Merit: 100
A good analysis that shows that bitcoin is good in the long run. I think that this year there will be growth, but not as large as last year.
hero member
Activity: 672
Merit: 500
All Red and worried? Zoom Out and see the whole.

Bitcoin ($BTC) Price History - Log Scale with rewards halving days marked

Credit:
https://t.me/whatsoncrypto
https://t.me/howmuch_net


This graph shows a positive view of bitcoin from year to year. We all hope that bitcoin will succeed in the future. I think there is no reason to worry because we have the opportunity to get more profits. Every year they always say that bitcoin will die but every year it must pump from their expectations so that there is a tendency that bitcoin will grow rapidly this year.
member
Activity: 224
Merit: 10
I never looked at the Bitcoins market as a downturn, even with the devaluations. In the general balance the currency increased more than it fell. I believe that BTC will have a very high value.  Wink
jr. member
Activity: 62
Merit: 1
I also see the market situation. It's very sad now, bro. but I will look for additional capital to buy bitcoin or altcoin bro. because I really want to have income when the market has risen again
newbie
Activity: 154
Merit: 0

The good thing on this chart is to take a gander at the price history and where it is moving. In long haul clearly. Also, it gives data about Rewards Halving which is useful for amateurs to know. It endeavored to convey this to you.
hero member
Activity: 1918
Merit: 564
Thank you for the share Blackforce.

It is nice to have people who takes it positively inspite of all the fud spreading around. And moreover, you shared a graphical representation of the reason why we have to sit back and see the bigger picture.

Indeed, progressive is a part of bitcoin's design that we have to appreciate. Some might think why the halving? This actually ensures that bitcoin stays limited and valuable. We all know that if we print millions of paper currency, it won't make a nation any richer at all. It will simply devalue the purchasing power of the paper money.

And with that, it is right for us to stay calm, look at the bigger picture and stay positive that bitcoin will remain progress all through out.
member
Activity: 756
Merit: 12
Compare 2017, bitcoin price still gain more than 300%. Indeed bitcoin price drop more than 70% from highest price but its still profitable compare altcoin. Bitcoin dominance in market still above 50% and i think cryptomarket still fine and profitable in the future
sr. member
Activity: 798
Merit: 251
Small Trader
The chart might be a reference. The chart speaks "Hold your Bitcoin until 2020". We just pray that everything will go well.
legendary
Activity: 1316
Merit: 1011
The panic on this forum is very worrying and sad.  I love this post.  Bitcoin and crypto are fine. The big boys are here and pushing things around.  Stay firm and in good coins and hopefully you will profit. 

People have invested in crypto by thinking get rich soon mindset are worried and get panic when a market goes down few percentages. So-called long time crypto followers know that it is a correction phase and again bull run comes back so they take this down market opportunity to fill up their bags for next bull run.
jr. member
Activity: 96
Merit: 1
Jeez I love the graph and I love the idea of bitcoin being one million in 2022.. Ton's of people and myself will retire no problem. Lot's of opportunities for people to take over all of our job's and they can be paid with satoshi's, there will be enough for everyone to go around. Then I woke up. 1million I've heard the speculation and talk... Don't really have an opinion.. thing's can change quickly, really hope people aren't getting their hopes up for that 1 million mark lol
jr. member
Activity: 667
Merit: 1
These information is really true. I have seen another copy of it passing the same information for bitcoin price chart. It's good for the record of it. History will always guide us.
newbie
Activity: 55
Merit: 0
These should be help newbie and many others who are searching for these information if it's contain reliable information and data.
newbie
Activity: 71
Merit: 0
What is this type of graph called?
Exponential graph?
The price went from 0 to 1, then 10, 100. Which is not a proper way to evaluate the market. And its also not based on any psychological facts that are trustworthy. According to your graph the price will go to 10 Million in 2024? that is never going to be impossible to be honest.
Although i was talking all negative things, I still have faith in the future of bitcoin and never fall for any dumping. I hold all my coin.
newbie
Activity: 116
Merit: 0
Is the scheme is trusted and reliable. Many newbie come here for get some reliable information. So, hope it will be a trustable.
newbie
Activity: 52
Merit: 0
Yeah definitely I will agree with you. This time is another huge fall down on cryptocurrency but it does not mean that the market will not going to bounce back. It is just that we need more investors here in cryptocurrency so market price will be good again. I guess bitcoin should do another promotion.
jr. member
Activity: 252
Merit: 2
"I invest and Doing Bounty Campaign"
Yeah definitely there is a bright future ahead on cryptocurrency. I did not even regret when i invested again which market price is down. I do believe that it is better this way saving our money on cryptocurrency where it will get the chance to get a good increase than spending it with nonsense outdoor activities like having some vices like drinking alcohol that will surely get you lesser fortune in the near future. There is nothing to be afraid of the current market instead it is a good chance to invest on it.
full member
Activity: 588
Merit: 100
This crash really is just an opportunity for the little guy to get in while the banker elite shake the weak.  The people selling now are the poor in the future telling their grand kids how close they were to making big money. 
lol..I like that. But what if we are being manipulated. The price if Bitcoin is purely (or perhaps major factor) out of manipulation and some people cannot take that heat and hence they sell out. Others are also hanging on around waiting for a bull run to sell their coins.
Another way I see this is that, people have now realized Bitcoin is not a get-rich-quick "game" and so they don't wait for long before selling- they sell at a small percentage in rise and that contributes to our downstream.
newbie
Activity: 67
Merit: 0
If this schema is reliable. If it not a reliable schema then it should be gone wrong because many newbie get wrong information from here then.
newbie
Activity: 26
Merit: 0
Do not worry, everything will be fine. Looking at the past, in 2017, before there was a time of huge boom in value and Bitcoin's exchange rate, they had a period of time that was considered to be bad in value. But just a few months later, Bitcoin's value came back strongly. This year, too, although the value of Bitcoin and its altcoin has fallen sharply, it is possible that in the last three months of this year, their value will actually grow.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
I just saw a technical analysis scheme like this. the more days it will be more difficult to mine bitcoin, with the increasing global market capitalization I also believe that next year bitcoin will be more valuable, I like this .. Wink

Yups.the more bitcoin has been mined,the critical it become to have another.thats why bitcoin wont be mined all until our generation ends thats why bitcoin may become rare in future as people are increasing volume to hold this great coin.i believe that in future bitcoin price will become more than 1000 times of what were having now
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