Bitcoin recovery? - page 5. | Bitcointalksearch.org

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

No one wants to be assuming anything serious right now in a bear market but however it is, even if we do not get to see a good rebound at the end of the year, we still have next year to see things play out.

We have to understand one thing that the previous year was more of a bull year, and now that we are in a bear year, we should be expecting more of the opposite. I do not see any bad sign irrespective of how the market is fairing at the moment, I only see a great opportunity to buy in low.

brightamo

newbie

Activity: 65

Merit: 0

Bitcoin will recover back to the 20,000 usd price which was witness a year ago but it won't be now, because looking at the price which is trading now that is far below 7000 ,it must take up to 2019 before we see bitcoin back to the same price of 19000 again.

eaglewhite80

member

Activity: 406

Merit: 36

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

... All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

Maybe you should understand first that the trend we had last year is the opposite of the one we are currently having. We are in a bear trend, and expecting last year to repeat itself at this phase, is something I do not see plausible. Past performance is not indicative of the future and it is better to just stick with trends than trying to assume things that are not realistic.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter.

we can not rely on past performance.

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

It is very difficult to set a deadline for price recovery, we are in a very complicated stage because of the regulations of the governments, not something simple and fast, it will require a lot of patience, unless we have some good news capable of creating big price increases. price will not increase much. just read news made by these guys:

Former World Bank Chief Economist: Bitcoin Will Fail as Governments Increase Regulation

to realize that we are facing a very delicate situation

KorakPawon

member

Activity: 350

Merit: 11

yes this incident is an unexpected event and hopefully not recurring in the future, because it really freaked out all the circles, but it sure all this will be back to normal, so we wait patiently.

DeadCoin

sr. member

Activity: 1246

Merit: 261

★ Investor | Trader | Promoter

Quote from: andohyeb on July 10, 2018, 08:32:03 AM

Bitcoin recovery is mostly at the second part of the year after it has been bearish for several months. This year is going to see the same change and I believe bitcoin is going to recover to the price it was in last year christmas soon.

The second half can be expected for turn overs. Just checked out current rate of bitcoin and it's really pathetic again. We have around -5% growth seen today. It's understood that it's nature. But would expect a good growth as everyone has invested in it believing a huge return this year. Hope we do see 10% positive growth of bitcoin and other altcoins tomorrow. Just should be a kick start month as like last year.

andohyeb

member

Activity: 287

Merit: 10

Bitcoin recovery is mostly at the second part of the year after it has been bearish for several months. This year is going to see the same change and I believe bitcoin is going to recover to the price it was in last year christmas soon.

JMD07

member

Activity: 378

Merit: 10

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

I'm hoping that this could be the starting point to climb the price as we are waiting it for many months. Although we had different scenario for last year and we can't compare this with the market we had right now. Let's wait what would be the market in the coming months. I prefer to hold and wait for the best price.

Clark05

sr. member

Activity: 1274

Merit: 263

This month of july and if we see the chart they increase slowly and this is good sign because only few months only bitcoin will recover and we will earn a lot of money on that. But before bitcoin recover you need to buy more bitcoin.

Johnzky

member

Activity: 616

Merit: 30

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

Theres no trend that will happen this year,prices will rely on how the driver brings them ,and thats the whales who's manipulating this market for long now,thats why many investors are paused in investing since they are starting to figure out how to deal with this kind of syndicate and i am so disappointed on how the crypto world is doing now,the decentralization becomes centralized the way they handled the price movement

Btchunter3333

full member

Activity: 486

Merit: 102

I think bitcoin can recovery it price to what was last year 20k$ but i have to say to dumpers to not dump their bitcoin at first buy order. If you want sell bitcoin put at least at 7000$ = 1 btc or more.

goaldigger

sr. member

Activity: 2422

Merit: 357

We cannot compare thelast years chart with this year. If last year was simustaneously going upward, this year would be different. Thats how the market goes. Its not always take but rather a give and take policy. The price is not fixed and the volatility makes it what market is. With the datas gathered, i guess it would still that way until next month. Hopefully it ends.

sindikat

full member

Activity: 364

Merit: 106

Bitcoin is different this year. It seems to me that there will be no huge jumps up. Regulation of the cryptocurrency market has led to the fact that many people who have invested large sums in bitcoin left it. Such capital will be very difficult to recover. Perhaps we expect a period of relative price stability.

EdenHazard

legendary

Activity: 2674

Merit: 1048

It would be hard to say bitcoin would have a bull run in the second quarter.

Can you see the current market condition? the bitcoin market always tries to rise but for a while it goes down again.

If this continues the crash will happen again like a few weeks ago, $ 8000 down to $ 5800 is what happens to the bitcoin market this time.

lablab03

full member

Activity: 1064

Merit: 112

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

no that's not a bad sign IMO ,for me probably that Fluctuation is another adjustment of price before it goes to next value, like what happened before which after $5800 it goes to 6k again and after days it increase small amount about $6200 and it fluctuate as a correction and made a small pump again and again from $6400 until it reach $6700 which is the current price as of now. So maybe this is a adjustment which is after this fluctuation It will increase more and reach 7k soon after the end of month.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

it is too soon to talk about recoveries and when they are going to happen and how high it will go. for the time being all we know is that we have reached the bottom and price could not go lower than $6k because of the strong buy support and the incentive to buy there. and we also know that this stable phase can go on for a long time so we may see 2 months of $6k-$7k range.

magneto

hero member

Activity: 1666

Merit: 753

Quote from: daoquanghuan on July 09, 2018, 08:31:14 AM

This year is a special year for bitcoin, statistics show that in the second quarter of 2018 bitcoin prices ended with a discount of about 8% for the first time in history. All of the previous years have shown bitcoin growth in the second quarter. Do you think this is a bad sign of a long-term downturn of bitcoin or do you still believe in a strong rebound in bitcoin prices? at the end of the year.

I don't think that the fact that bitcoin has not increased in value in the 2nd quarter is really anything to be alarmed of, because we are after all, in a bear market. And I'm pretty sure that we've seen similar bearish circumstances in 2014's bear market.

It's not going to affect bitcoin in the long run, it's not going to affect adoption. A lot of people tend to panic about the price movements in the short run and think that it's going to influence bitcoin's success in the long term, which I just don't think is true.

Is it necessarily true that bitcoin is going to see a recovery by the end of the year, though? I don't think it's guaranteed at this point. Based on the last bear market which lasted one to one and a half years or so before it bottomed, we may see further dips come our way before the end of the year. I'm much more confident that bitcoin will start its recovery some time mid to late next year, and a bull market coming near 2020, rather than saying that it's going to come before the end of the year.

BTCgrinders.com

copper member

Activity: 474

Merit: 3

Exclusive Crypto Rebates for Poker/Sports/Trading!

The 2nd quarter is probably not much of a pattern break to pay attention to.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: ClackKendi on July 09, 2018, 10:12:55 PM

Everyone expected that the price of bitcoin will be increased rapidly and will return as attractive and exciting as before investors always watch the price as well as its volatility in the current and the future.

only newbies expect unrealistic things out of bitcoin like this and that is why they always end up panic sell (when the price doesn't go as fast and high as their dreams) or FOMO buy (when the price doesn't drop as low as their dreams and rises instead).
for now you can not expect the market to just do a sharp turn around and start rallying. we are just getting out of the bear market. we need some times to accumulate, change trend, and start with a slow rise then with the "rapid increase"!

ClackKendi

newbie

Activity: 196

Merit: 0

Everyone expected that the price of bitcoin will be increased rapidly and will return as attractive and exciting as before investors always watch the price as well as its volatility in the current and the future.

Topic: Bitcoin recovery? - page 5. (Read 600 times)