bitcoin and decreases in 2017 and 2018. - page 2.

Sengoko

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Quote from: hadveach on October 01, 2018, 09:31:03 AM

Quote from: mk4 on September 30, 2018, 07:01:13 PM

Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

Quote from: hadveach on September 30, 2018, 06:13:32 PM

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.

Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.

I would like to also put another thing into conversation by saying that this was considered a bear run for the past 10 months so I understand why the person is afraid that another fall in the price like this would cripple the economy of bitcoin and we would be all crying however even tho having another decrease like this looks impossible and everyone laughs at him, noone points out one mistake in his logic.

The price was around 3-4k than increased to 20k and than dropped back to 6k levels, which means price could increase from 6k to 42k and than drop to 12k again if everything happened all over again. There was increase before that drop as well, don't forget that.

lablab03

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Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

$500 is too much pal. It seems like the ending of bitcoin journey ,lol by the way it's impossible to happen because in fact bitcoin still have bottom price " 6k " wherein as usual still had strong support until now siince market growth rate fall drastically , so it's impossible IMO unless if there's another big issue occur that can cause bitcoin to continue falling. Probably there's a chance it will hard fall but not on that value which probably around 4k something like that.

Fedor07

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Yes you’re right about all of this shit, bitcoin was going up a lot in 2017 and we all were happy that we are goinng to make a lot of profit . But seems like were not meant to make a lot of profit . In the beginning of 2018 bitcoin has started to drop a lot untill he dropped to 6000$.

d1ceplayer

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Quote from: Clark05 on October 03, 2018, 01:02:48 AM

Bitcoin for this year at the price of 500 dollars is very low because the lowest possibility price of the bitcoin is only 5000 dollars not 500 dollars. I hope the value will increase again and recover become what value of bitcoin in the year of december 2017 when price reach the history highest price.

As much as I do not agree with the OP saying that bitcoin would go to $500, I also do not agree with you saying that the lowest possibility is 5000usd. No one knows the lowest possibility, but the only reason I am disagreeing with the OP is that, what he has mentioned is something that would be very hard to see happen.

There are supports on the way down, there are holders from the way up and there are those who are looking to gulp the dip and trust me, if we manage to get towards $3k at all, it might even be hard to catch up from the bounce from there as I believe at this spot the market would have been oversold, and recovery is something plausible.

Supercrypt

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Quote from: hadveach on October 02, 2018, 09:18:06 AM

Quote from: reflector on October 01, 2018, 01:18:39 PM

Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

Bitcoin prediction is really hard say so we should believe and stay calm in this year. Because if this move to more 20k USD all are
happy to celebrate that moment.
But market situation undetermined so it will move to backward we are all buy more bitcoin and hold for few years. I always wish to improve the future market so I hope it will became a master blaster in end of the year.

I agree with your positive speculation, but of course we cannot control the crypto market according to our expectations.

we will see better bitcoin, over the limit of $ 20K, not only that, but we also hope that bitcoin in the future can touch all aspects of our lives, legal, useful, and we can use it for transactions, investments, trade.

I am happy you said we will see better bitcoin and I believe that is certain.
Bitcoin is very hard to predict and anything can definitely happen in the long run that is unplanned for since it is a very volatile market anyway, but not like $500.

It is not just some pump and dump market, and we all know there is a huge support for bitcoin at the moment that technically would not make the market go down that hard as it will be affecting a whole lot of things which includes mining.

Also, based on what you said about the market going down hard last year after a pump, but this time around, even if we are going lower, this is not correcting from a pump, we are already inside the drop and in a matter of time, we would definitely hit a demand zone and reversal at these point would be imminent. Even if we are to see a huge low, I would not put my bet on less than $3k.

zazarb

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Get loan in just five minutes goo.gl/8WMW6n

I believe that the price of Bitcoin will rise soon, in this year the price will certainly not reach the peak of the last year, but I think he should achieve at least 12000$ line, which would also be very good, since the price is almost doubled from the current one.

Altcoins enthusiast

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Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

This is just a thought and not a reality of the state of things. I believe that bitcoin will not fall below $5000 this year again and I even expect increasing in bitcoin pricing in some months to come. Trading is not predictable and no one can really said what will happen in future.

nl247

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Quote from: hadveach on October 02, 2018, 09:18:06 AM

Quote from: reflector on October 01, 2018, 01:18:39 PM

Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

Bitcoin prediction is really hard say so we should believe and stay calm in this year. Because if this move to more 20k USD all are
happy to celebrate that moment.
But market situation undetermined so it will move to backward we are all buy more bitcoin and hold for few years. I always wish to improve the future market so I hope it will became a master blaster in end of the year.

I agree with your positive speculation, but of course we cannot control the crypto market according to our expectations.

we will see better bitcoin, over the limit of $ 20K, not only that, but we also hope that bitcoin in the future can touch all aspects of our lives, legal, useful, and we can use it for transactions, investments, trade.

Sure, we cannot control the crypto market and that does not mean we shouldn't be realistic. The part you missed out I guess, is that we had a FOMO last year and a huge bull run before we started seeing a huge correction, and you kinda pinned it on the date and making it like the same thing would happen this time around and then we see it at $500.

That is quite impossible technically unless we see some crazy news that would drive price hard down like that. We have been in a downtrend and a bear year throughout, so if we go lower, it would just mean we are continuing with the downtrend and not like we are just starting the bear trend.

The chances of seeing a reversal from any point here onward is more plausible. Like Tom said, you cannot be going bearish when a market has experienced a huge bear action already, this is the time to be thinking bullish and buying the dips.

Ararbermas

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Quote from: hadveach on September 30, 2018, 06:13:32 PM

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

No mate if that drastic declined happen again at the end of December. bitcoin value will stay stagnant around 6-5k and it will not fall on any cheap prices . Because bitcoin still have resistance level .which is the bottom price due to the demand and supply from some big investors that still believing on bitcoin posibility and promises in the market , so as long more investors keep holding on it there's no tends it will nose dive to any cheap prices even there's a drastic decline. In fact if that times happen reason as well to buy more bitcoin especially for long term investors because it's a big opportunity to buy cheap and to gain massive profits in the future.

tweetbit

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For sure the price indicates popularity, but isn’t the one dectating success or it doesn’t show failure when decreases. The bitcoin traders knows that the instability of it is more attractive to them.

2017 or 2018 bitcoin been in mainstream and slowly adapting, regulation and fudding does a damage, but it is up to you how you should make a best strategy out of it, to profit.

Clark05

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Bitcoin for this year at the price of 500 dollars is very low because the lowest possibility price of the bitcoin is only 5000 dollars not 500 dollars. I hope the value will increase again and recover become what value of bitcoin in the year of december 2017 when price reach the history highest price.

timerland

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Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

It's really a question that no one can answer.

Even though the support at $5700 has pretty much never been breached within this bear market, I think that it's tough to say in the future, if the bearish sentiment remains to be the dominant force within the market, that this is the absolute lowest level we can go.

What we can see though is that we're past the panic selling phases already and markets are consolidating, which usually means that even if falls come, they won't be as large of a scale as the ones we have seen. Filling up your long term holdings for bitcoin is a wise decision to make especially given the institutional interest in bitcoin at the moment.

hadveach

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Quote from: reflector on October 01, 2018, 01:18:39 PM

Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

Bitcoin prediction is really hard say so we should believe and stay calm in this year. Because if this move to more 20k USD all are
happy to celebrate that moment.
But market situation undetermined so it will move to backward we are all buy more bitcoin and hold for few years. I always wish to improve the future market so I hope it will became a master blaster in end of the year.

I agree with your positive speculation, but of course we cannot control the crypto market according to our expectations.

we will see better bitcoin, over the limit of $ 20K, not only that, but we also hope that bitcoin in the future can touch all aspects of our lives, legal, useful, and we can use it for transactions, investments, trade.

hadveach

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Quote from: BrewMaster on October 01, 2018, 11:17:08 AM

Quote from: hadveach on October 01, 2018, 09:48:15 AM

Quote from: franky1 on September 30, 2018, 07:27:28 PM

2016 always above $300
2017 always above $900
2018 always above $5800

no point stand alone at the top of the mountain where only one buyer and seller made the top price
better to stand at ground level where everyone can take advantage of the moving prices and all can see the yearly growth

the ATH are not sustainable value. but temporary glitches that correct. 99% of the community were not online or not able to act on the $20k so it holds no substance or reason for people to care or mention it as they never got to do anything with it. not was it intended to last

stop to create stagnant market speculation, this is very different bro, today's FUD is very large, and not the same as the previous year. even today, bitcoin has lost some investors.

Today's volatility is very ambitious, I think that bitcoin has the opportunity to fall into hundreds of dollars. and that can happen.

you are wrong bitcoin has not lost "investors" if anything it has gained even more as the adoption is growing.

what made you think there is a "loss" is probably the fact that we had a big wave of newbies, mostly kids with money or without it who got free coins through alt coins, who came in and thought bitcoin will make them millionaires but as it stopped going up at some point they were filled with fear and gave up their hopes and went away.
other than them there is nobody who has left just because there was a drop despite the big rise we already have compared to last year's $1000 which is 6x rise already.

if bitcoin does not lose investors, I think the whales will be able to survive the value of $ 20K until now, and will not fall drastically like today.

if bitcoin falls because of FUD, because of panic, because of big sales, I think, that is not enough to make bitcoin fall drastically.

reflector

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Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

Bitcoin prediction is really hard say so we should believe and stay calm in this year. Because if this move to more 20k USD all are
happy to celebrate that moment.
But market situation undetermined so it will move to backward we are all buy more bitcoin and hold for few years. I always wish to improve the future market so I hope it will became a master blaster in end of the year.

Febo

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Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

Bitcoin will not be $500 in December.

It is normal that 2018 is a negative year for Bitcoin. It happened after 3 green years and it is expected 2019-2021 will be green again.

If you search for Bitcoins price at the end of year my guess would be somewhere from $5000 to $9000.

BrewMaster

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There is trouble abrewing

Quote from: hadveach on October 01, 2018, 09:48:15 AM

Quote from: franky1 on September 30, 2018, 07:27:28 PM

2016 always above $300
2017 always above $900
2018 always above $5800

no point stand alone at the top of the mountain where only one buyer and seller made the top price
better to stand at ground level where everyone can take advantage of the moving prices and all can see the yearly growth

the ATH are not sustainable value. but temporary glitches that correct. 99% of the community were not online or not able to act on the $20k so it holds no substance or reason for people to care or mention it as they never got to do anything with it. not was it intended to last

stop to create stagnant market speculation, this is very different bro, today's FUD is very large, and not the same as the previous year. even today, bitcoin has lost some investors.

Today's volatility is very ambitious, I think that bitcoin has the opportunity to fall into hundreds of dollars. and that can happen.

you are wrong bitcoin has not lost "investors" if anything it has gained even more as the adoption is growing.

what made you think there is a "loss" is probably the fact that we had a big wave of newbies, mostly kids with money or without it who got free coins through alt coins, who came in and thought bitcoin will make them millionaires but as it stopped going up at some point they were filled with fear and gave up their hopes and went away.
other than them there is nobody who has left just because there was a drop despite the big rise we already have compared to last year's $1000 which is 6x rise already.

justspare

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Quote from: hadveach on September 30, 2018, 06:13:32 PM

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?

This is the problem with historical price checking.

Yes, we all know it went up in December and late November, this doesn't mean that the price will go up in late November early December this year as well, also we know it went low on late December early January and yet this does not mean the price will go down in those times neither.

Just because bitcoin did something last year it doesn't really mean that it will do the same thing this year too, why would it do the same thing at the same time every single year? Was it low in October 2016 ? did it went up in November 2016 ? No ? Why would it start to repeat this year ?

hadveach

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Quote from: franky1 on September 30, 2018, 07:27:28 PM

2016 always above $300
2017 always above $900
2018 always above $5800

no point stand alone at the top of the mountain where only one buyer and seller made the top price
better to stand at ground level where everyone can take advantage of the moving prices and all can see the yearly growth

the ATH are not sustainable value. but temporary glitches that correct. 99% of the community were not online or not able to act on the $20k so it holds no substance or reason for people to care or mention it as they never got to do anything with it. not was it intended to last

stop to create stagnant market speculation, this is very different bro, today's FUD is very large, and not the same as the previous year. even today, bitcoin has lost some investors.

Today's volatility is very ambitious, I think that bitcoin has the opportunity to fall into hundreds of dollars. and that can happen.

hadveach

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Quote from: oppasong on October 01, 2018, 01:14:04 AM

the price of 2017 bitcoin is very different from the price of 2018 bitcoin, and if predicted at the end of December it will remain stable at $ 6k if viewed from current market movements, but that does not rule out the possibility that crypto can rise at any time because crypto is very difficult to monitor.

one of the factors that can make bitcoin fall drastically is that there are many people who sell bitcoin for Christmas, and a long holiday at the end of the year, in addition to many other factors.

what if big sales happen again at the end of this year? do you have a logical argument to maintain your assumption that bitcoin will be stable at 6K?

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