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Topic: All Red and worried? Zoom Out and see the whole - page 2. (Read 490 times)

hero member
Activity: 916
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 outlook of bitcoins future. All of us are hoping for bitcoin to succeed in the future. But at this point in time those figures are very far from reality. But for me i would keep on holding there is no harm in trying and holding.
jr. member
Activity: 322
Merit: 1
In near future bitcoin mine will become more difficult because of global market capitalism. I believe in near future bitcoin will rise more.
newbie
Activity: 45
Merit: 0
The chart is very useful for the traders to know about the price and its movement. Newcomers will get a great assistance from this. Even if it looks like a “crap” to you it is a vision to see in which the bitcoin is trend is moving!
newbie
Activity: 84
Merit: 0
Mesns anyone who sold now at a lower price have obviously done a mistake as they would have suffered from a huge loss.  I would advice those people to buy it back now and just wait until BTC recovers the price as it always does and at least get the capital back than to suffer from a loss.
newbie
Activity: 41
Merit: 0
The chart is really a good thing to look at the price record and the movement of the price. For the new comers it also provides the information about the reward. Well, for some people the chat is a vision to see in which the bitcoin trend is moving, even if it looks like ‘crap” to you!
newbie
Activity: 257
Merit: 0
With just 4 million bitcoin left to mine we are hoping that the price will gradually start going up. Besides, the difficulty is increasing and the block reward is also decreasing. But the good thing is the price movement of bitcoin. We can see that the price has been going up gradually and even though there has been major fall before, it has gone back up more stronger.
member
Activity: 321
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I think that the market will become green soon. to my mind, it is better to not be worried much. i can say that you will be able to see how the market recovers and you will sell the coins successfully
newbie
Activity: 84
Merit: 0
This post has provided ample information to help the people out, especially the newbies if they are interested in it.
jr. member
Activity: 156
Merit: 1
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. 
legendary
Activity: 1358
Merit: 1001
See how every next spike is smaller than the previous on the chart so the price wont be one million dollars,thats for sure  Grin a hundred thousand dollars per btc a year after halving somewhere in 2021 would be my bet  Cool
full member
Activity: 434
Merit: 100
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



I notice in this picture that every year the price was getting dump and pump but the price was still too high every year or we can say that it become better every year as we see.  I think no reason to worried because we have the chance to get more profit.  Every year they always say that bitcoin will be die but every year must pump than their expect so there are tendency that bitcoin would grow up soon in this year.
legendary
Activity: 2702
Merit: 4002
I do not think the price is moving this way although I am sure the positive news of bitcoin halving will affect the price.
If we notice the diagram you've drawn, it looks like you've drawn using a wrong scale, which means we're going to get the incorrect results.
The combined price of 3 times is not a law "can not be broken" but as you mentioned it is just predictions.
I expect the price to rise to $ 25,000 by 2020.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
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. 
Or rather we can say that this is an opportunity for all those people who did a late entry in crypto and invested in it at the peak. The ones who sold it a higher price could buy it back now at a lower price and get good gains in the future. The ones who sold now at a lower price have obviously done a mistake as they would have suffered from a huge loss.  I would advice those people to buy it back now and just wait until BTC recovers the price as it always does and at least get the capital back than to suffer from a loss.
newbie
Activity: 98
Merit: 0
This analysis is really helpful for seeing the history of the bitcoin price. It will also help to predict the future price. According to this analysis, we can say that the price will rise in the next year.
newbie
Activity: 112
Merit: 0
Exactly what i thoughts. All of whining about price drops is always give a bad outcome for the value of bitcoin. And people should see btc history as like this. This will give an idea how the market is on progress. Its just natural for any trading market to be down and rise. Nothing new here
full member
Activity: 462
Merit: 100
We will definetely see bitcoin at $100.000. That is certain for me but it will be surprising for me if that happens within 2 years.
full member
Activity: 448
Merit: 100
Arabic Translator
just because in the first two halvings bitcoin jumped in price doesn't mean it will increase by the same percentage in its third halving .
Let me explain , in the first two halving , number of people who heard or even invested were few compared to the numbers now and those people invested in the highs above 10k$ and won't hold till mid 2020 to see increase not to mention the bitcoin price predicted is unreal and can't reach these levels in matter of just 2 years.
legendary
Activity: 3080
Merit: 1500
It will definitely show in green if you compare the price increase since its inception. We started from few cents and now it's near 6.5k USD. So it's obviously positive. That is the reason why we have a metaphor saying " at every dip, newbies cry and old timers smile".

However, those who have adopted late, they are the ones who are mostly worried. Thanks for posting the chart!
member
Activity: 266
Merit: 25
Is hard to imagine that Bitcoin will ever reach $ 1 000 000 but anyhow this graphic said the truth so far.Anyway, i will take 100 000 with a big smile on my face Grin
hero member
Activity: 3066
Merit: 629
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I reckon that analysis but I'll say that putting $1,000,000 and $10,000,000 isn't necessary to give encouragement.

I appreciate the graph since it includes the very history of bitcoin so this will remind those who are in worry about the bear market that we're dealing of today.

hopefully this is true
We all want that $1,000,000 and $10,000,000 but let's face the reality that we're still far from it.
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