Topic: Bitcoin Can Continually Be Growing Into End of Year (Read 557 times)
It will definitely grow even further by the end of the year. But what's alarming is what will be its future in 2018? Who knows!
It could have been, because we will not know the development of the bitcoin future will be how, the more people get to know the bitcoin it will be growing anyway bitcoin whether it's price or her gain popularity. I hope his bitcoin will continue to grow so that it is the best price at the end of the year. Because nothing is impossible
If nasdaq allows trading Bitcoin somehow, then we'll see the continous grow as far as i think.
even today bitcoin hits to 19k usd (eventually dropped of course for today) and will easily finish the year above 23k usd.
even today bitcoin hits to 19k usd (eventually dropped of course for today) and will easily finish the year above 23k usd.
The interesting question is what force stands behind this price growth?
Are the big whales starting to buy huge amounts of bitcoin?Maybe millions of newbies are entering the crypto community and buying small amounts of btc.The CME futures approval didn`t have such short term positive impact over the price,Segwit2x cancelled fork was the main reason for panic selling.Now,we don`t have any obvious reason about what combination of factors drives the price up.
There are many factors the CME was not going to enter in effect until this week or next week, I do not remember exactly the day, many people are entering bitcoin and they are buying it for the first time, so this is partially a small bubble and the first test of the lightning network was successful so this means that everything is going right for bitcoin and this is making the price even higher. Are the big whales starting to buy huge amounts of bitcoin?Maybe millions of newbies are entering the crypto community and buying small amounts of btc.The CME futures approval didn`t have such short term positive impact over the price,Segwit2x cancelled fork was the main reason for panic selling.Now,we don`t have any obvious reason about what combination of factors drives the price up.
Yes many users start using bitcoin (check number of newbie) so that bitcoin will reach 12,000 $ by the end of 2017
It is insane, so many experts already predicted that bircoin is going to stop around $8500 but instead of stoping now it keep on reaching new ATH, surely bitcoin is so hard to be predicted and I think bitcoin will keep on growing until next year, if this really happen then we will have a sweet Christmas gift, bitcoin with $10.000
The predictions of experts are no better than our own guesses, bitcoin is something they have never seen before and to this day many people still do not understand why bitcoin exists at all, so it is obvious they are not going to be able to predict accurately something like bitcoin, the only thing we can do is to wait and enjoy the ride. 
I also firmly believe that bitcoin still has big surprises to offer us before the end of the year, as I have also observed that the month of December is usually of great relevance for bitcoin in terms of growth. In mid-year, a very optimistic view led me to think that a price around $10,000 was possible, but given the impressive uptrend of these days I think that forecast has been short, so I would not be surprised to see the bitcoin break the barrier of the $12K, and even approach the $13K as a gift from Santa Claus.
You are probably talking about Nasdaq, not nasday... it does not even exist.
Do you really think that the price will drop again to $500 or $1000? it is impossible.
just look at the charts and the recent events, there is no way that it could drop by more than 97%, and it is not possible during this times when everybody want to earn profit at any cost.
I dont understand why you all are speculating about the price, the only important thing that bitcoin could have is the real "usage" that people is doing with bitcoin.
Nasday
Do you really think that the price will drop again to $500 or $1000? it is impossible.
just look at the charts and the recent events, there is no way that it could drop by more than 97%, and it is not possible during this times when everybody want to earn profit at any cost.
when bitcoin price drops with 500-1000
I dont understand why you all are speculating about the price, the only important thing that bitcoin could have is the real "usage" that people is doing with bitcoin.
Bullish signals are very strong with 2 major future platforms opening the doors for institutional capital to flow into this market. Nasdaq will allow trading somewhere in 2018, which till that time gives the market something to hold on to. Aside from pretty normal market movements ranging from $1000-$2000, we should see a constant level of growth. In the media they act like a $1000 movement is a massive swing, but if you look a bit further than that, you'll see that it's just a 10% movement that we have experienced quite frequently already -- it's nothing new anymore, and for that reason not worth going nuts on.
Nasday allowing trading on bitcoin is a nice step forewards! As you say, when bitcoin price drops with 500-1000 $, it is major news for the media and they call it a massive drop. On the other hand, people following the prices more closely, will find a drop of 500-1000$ more normal and will know that is nothing to worry about.
Bullish signals are very strong with 2 major future platforms opening the doors for institutional capital to flow into this market. Nasdaq will allow trading somewhere in 2018, which till that time gives the market something to hold on to. Aside from pretty normal market movements ranging from $1000-$2000, we should see a constant level of growth. In the media they act like a $1000 movement is a massive swing, but if you look a bit further than that, you'll see that it's just a 10% movement that we have experienced quite frequently already -- it's nothing new anymore, and for that reason not worth going nuts on.
Bitcoin has been successful to reach over 85% of growth during just the previous month and an overall of over 850% of growth in 2017 !
Such achievements are unprecedented in the history of any economy or any currency . Bitcoin is nowadays compared to gold and highly ranked currencies . It's market cap even almost reached mastercard's company market cap , and is surpassing many government issued currencies . It even overtook lots of fiat currencies and is climbing it's way through the ranking .
So i wouldn't be amazed if by the end of 2017 it's cross the 13k bar . Lots of experts in the cryptocurrencies world speculate that by the end of 2020 it'll be over 500k dollars per coin , one of the is the McAfee owner who tweeted recently about how his past speculations have been surpassed hugely by bitcoin's growth and he said that there's lot more for bitcoin to do .
Such achievements are unprecedented in the history of any economy or any currency . Bitcoin is nowadays compared to gold and highly ranked currencies . It's market cap even almost reached mastercard's company market cap , and is surpassing many government issued currencies . It even overtook lots of fiat currencies and is climbing it's way through the ranking .
So i wouldn't be amazed if by the end of 2017 it's cross the 13k bar . Lots of experts in the cryptocurrencies world speculate that by the end of 2020 it'll be over 500k dollars per coin , one of the is the McAfee owner who tweeted recently about how his past speculations have been surpassed hugely by bitcoin's growth and he said that there's lot more for bitcoin to do .
usually whenever we're approaching the end of the year,
we're always seeing this kind of move even though the movement can not be considered as a big one,
but every Q4 we'll always seeing an upward movement for the time being.
the reason behind this movement because we're approaching a new year,some of them(company) make a closing every year.
that is why we can see a lot movement every Q4.
also bear it in your mind whenever we're reaching the end of the date(December),the price will be moving downward a little bit or sideways,
because they need a cash to take a vacation or to pay they needs or calculating their profit(company usually always did it to check their improvement).
which mean this week and next week should be the last movement that we will see for this year,
be ready because we're already seeing a lot movement lately and it's a time to take some rest or retrace.
we're always seeing this kind of move even though the movement can not be considered as a big one,
but every Q4 we'll always seeing an upward movement for the time being.
the reason behind this movement because we're approaching a new year,some of them(company) make a closing every year.
that is why we can see a lot movement every Q4.
also bear it in your mind whenever we're reaching the end of the date(December),the price will be moving downward a little bit or sideways,
because they need a cash to take a vacation or to pay they needs or calculating their profit(company usually always did it to check their improvement).
which mean this week and next week should be the last movement that we will see for this year,
be ready because we're already seeing a lot movement lately and it's a time to take some rest or retrace.
Its true that for christmas and new year celebrations,more people may cash out by selling their bitcoins.But i think it too would have a small impact on bitcoin price since positive factors like wall street companies entering the market and media exposure have been continuously the positive driving force for bitcoin price.
My guess, it will probably $11,000 - $15,000 USD equivalent in the next few days. Obviously this is not financial advice, and these are my personal views / guesses about the future. If you are stupid enough to make financial decisions purely based on opinions like mine, please don’t take offence if I say I will laugh whether you make $1 Million or lose it all. Holidays are coming, using bitcoin as a payment for stuffs such and such, or rather people will relax from trading, but most traders don't give a damn about holidays.
There is a strong possibility that Bitcoin can continue to be growing even into the end of the year though traditionally the holiday season can be a slump time for many investment tools as many people can be converting their holdings into fiat money for spending purposes. Let's take a look at this condensed history of Bitcoin growth:
Quote
In May 2010, Laszlo Hanyecz made Bitcoin’s first transaction by buying two pizzas in Florida for 10,000 BTC. Following this purchase, Bitcoin’s price grew 1000%, rising to $0.08 for a single bitcoin.
In April 2013, analysts laughed at Tyler and Cameron Winklevoss when they announced that they were purchasing $11 million in Bitcoin, at the rate of $120 per coin. In 2014, Bitcoin reached a peak of about $1200 per coin, then dramatically fell to about $500, where it stagnated for some time.
Fast forward to 2017. The past few months have been a wild time for Bitcoin. While a single bitcoin rose in price to approximately $1000 in April of this year, prices are now hovering just below $8000, with the overall market capitalization of the currency at $120B. If you had invested in 2013 like the Winklevoss twins, you would have had a 60-fold return. And crypto experts expect this growth to continue through the end of this year.
Read more at https://www.business2community.com/finance/blockchain-turned-unassuming-billion-dollar-industry-01959944#SBK303r4uRBVJ6PL.99
In April 2013, analysts laughed at Tyler and Cameron Winklevoss when they announced that they were purchasing $11 million in Bitcoin, at the rate of $120 per coin. In 2014, Bitcoin reached a peak of about $1200 per coin, then dramatically fell to about $500, where it stagnated for some time.
Fast forward to 2017. The past few months have been a wild time for Bitcoin. While a single bitcoin rose in price to approximately $1000 in April of this year, prices are now hovering just below $8000, with the overall market capitalization of the currency at $120B. If you had invested in 2013 like the Winklevoss twins, you would have had a 60-fold return. And crypto experts expect this growth to continue through the end of this year.
Read more at https://www.business2community.com/finance/blockchain-turned-unassuming-billion-dollar-industry-01959944#SBK303r4uRBVJ6PL.99
I think that this is definitely one of the most exciting times for Bitcoin and the rest of the cryptocurrency movement. people from Wall Street are now taking notice of Bitcoin and soon they can be part and parcel of the Bitcoin bandwagon through different avenues available especially next year.
Will this be the great signal that indeed Bitcoin is already here to stay and that Jamie Dimon is truly wrong about it?
it can not be considered as a growth but instead it's a rise,
the growth itself require a new discovery and improvement in the technology and network.
if it's only price,we could not consider it as a growth.
indeed until the end of this year Bitcoin seems like will have a long run,
it's understandable if we're breaking $10.000 in no time or even more than that.
but the question is what will happen with in 2018 ? i hope this huge rise did not affect to much for its growth in the future.
the growth itself require a new discovery and improvement in the technology and network.
if it's only price,we could not consider it as a growth.
indeed until the end of this year Bitcoin seems like will have a long run,
it's understandable if we're breaking $10.000 in no time or even more than that.
but the question is what will happen with in 2018 ? i hope this huge rise did not affect to much for its growth in the future.
Well, we are all hoping for its value to rise in the future. I agreed on what you said that it will not be considered as a growth instead it's a rise because we are definitely talking about it's value to keep on rising. As the matter of fact, the growth of people who keeps on investing bitcoin are one of the factor why the value of bitcoin keep on rising. And for the year 2018, we are all hoping for a positive result which is the rising value of bitcoin.
There is a strong possibility that Bitcoin can continue to be growing even into the end of the year though traditionally the holiday season can be a slump time for many investment tools as many people can be converting their holdings into fiat money for spending purposes. Let's take a look at this condensed history of Bitcoin growth:
Quote
In May 2010, Laszlo Hanyecz made Bitcoin’s first transaction by buying two pizzas in Florida for 10,000 BTC. Following this purchase, Bitcoin’s price grew 1000%, rising to $0.08 for a single bitcoin.
In April 2013, analysts laughed at Tyler and Cameron Winklevoss when they announced that they were purchasing $11 million in Bitcoin, at the rate of $120 per coin. In 2014, Bitcoin reached a peak of about $1200 per coin, then dramatically fell to about $500, where it stagnated for some time.
Fast forward to 2017. The past few months have been a wild time for Bitcoin. While a single bitcoin rose in price to approximately $1000 in April of this year, prices are now hovering just below $8000, with the overall market capitalization of the currency at $120B. If you had invested in 2013 like the Winklevoss twins, you would have had a 60-fold return. And crypto experts expect this growth to continue through the end of this year.
Read more at https://www.business2community.com/finance/blockchain-turned-unassuming-billion-dollar-industry-01959944#SBK303r4uRBVJ6PL.99
In April 2013, analysts laughed at Tyler and Cameron Winklevoss when they announced that they were purchasing $11 million in Bitcoin, at the rate of $120 per coin. In 2014, Bitcoin reached a peak of about $1200 per coin, then dramatically fell to about $500, where it stagnated for some time.
Fast forward to 2017. The past few months have been a wild time for Bitcoin. While a single bitcoin rose in price to approximately $1000 in April of this year, prices are now hovering just below $8000, with the overall market capitalization of the currency at $120B. If you had invested in 2013 like the Winklevoss twins, you would have had a 60-fold return. And crypto experts expect this growth to continue through the end of this year.
Read more at https://www.business2community.com/finance/blockchain-turned-unassuming-billion-dollar-industry-01959944#SBK303r4uRBVJ6PL.99
I think that this is definitely one of the most exciting times for Bitcoin and the rest of the cryptocurrency movement. people from Wall Street are now taking notice of Bitcoin and soon they can be part and parcel of the Bitcoin bandwagon through different avenues available especially next year.
Will this be the great signal that indeed Bitcoin is already here to stay and that Jamie Dimon is truly wrong about it?
It is not possible that the bitcoins value at the year 2018 will rise because there are lots of people who knows about bitcoin through the social media. And it will keep on rising but then there will be a time that the bitcoin value will drop. But there are some experts who keeps on saying that it will stop around $8500, but who knows right? We are all hoping for bitcoin's continuously rising value.
The CME futures approval didn`t have such short term positive impact over the price
We don't know that yet, because as of now it's still not sure whether or not we'll see CME Group be allowed to offer Bitcoin related financial instruments. We'll see what level of impact it has once it gets approved or rejected.It may still take a while before we get to know this, and if the current market is anticipating on a potential approval, we might see the market go up a bit futher. Right now there are several important factors dictating the market.
People can only speculate on what they think plays the most important role, but the good thing is that it doesn't seem like we'll be facing a temporary pause of further growth any time soon.
We all know that the only thing that is making bitcoin go up are the social media, and the real fear of people to let behind this huge opportunity of increasing their portfolios.
If you ask to a newbie who has just introduced himself during the last month, he will tell you that he has only joined because he wanted to earn money, but none of those guys really knows what is the real purpose of bitcoin and for what/for it has been created on the past.
Most of them are only looking to grab as much money as they can, and i dont judge them, because most of us are here for the same reason.
It will keep going up if people decides to keep buying bitcoins, if the opposite happens, then grab yourself because the price is going to go down again
If you ask to a newbie who has just introduced himself during the last month, he will tell you that he has only joined because he wanted to earn money, but none of those guys really knows what is the real purpose of bitcoin and for what/for it has been created on the past.
Most of them are only looking to grab as much money as they can, and i dont judge them, because most of us are here for the same reason.
It will keep going up if people decides to keep buying bitcoins, if the opposite happens, then grab yourself because the price is going to go down again
The interesting question is what force stands behind this price growth?
Are the big whales starting to buy huge amounts of bitcoin?Maybe millions of newbies are entering the crypto community and buying small amounts of btc.The CME futures approval didn`t have such short term positive impact over the price,Segwit2x cancelled fork was the main reason for panic selling.Now,we don`t have any obvious reason about what combination of factors drives the price up.
Are the big whales starting to buy huge amounts of bitcoin?Maybe millions of newbies are entering the crypto community and buying small amounts of btc.The CME futures approval didn`t have such short term positive impact over the price,Segwit2x cancelled fork was the main reason for panic selling.Now,we don`t have any obvious reason about what combination of factors drives the price up.
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