Bitcoin spike | Bitcointalksearch.org

gabmen

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Quote from: upsidedown75 on March 14, 2019, 02:01:32 PM

Quote from: TIDOVEE on March 13, 2019, 12:06:46 AM

I wouldn't expect anything lesser next,especially with the long time dump.though there are predictions that it would be better than then. But at least, it should not be lesser.

Opportunity comes but once, we hope too much to suddenly believe that BTC will suddenly jump to $20k again within a short period of time. Nah bro, whales took advantage of BTC the last time BTC experience such pump and they have already pulled out, the profit gotten through that last pump is more than enough to cater for 2 generations and believe me, I don’t see them entering the market again for now since bitcoin is already stabilizing and we will only experience such increase again and higher when 50% of the population fully adopt crypto.

You're probably right dude though with or without a run like what happened in 2017, i think we'll still see another all time high. Well after a long while that is. A slow movement to that level is probably what's going to happen with a lot of dumps in between. A lot of positive things can still happen even before mass adoption.

davit putra

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The surge in 2017 is a high surge, and if you ask when a surge like in 2017 will happen again I think nobody knows.

radjie

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Quote from: Gontxi on March 13, 2019, 07:28:50 AM

Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

do you expect something uncertain?
I don't think anyone knows when bitcoin will be pumped to the moon, there are even a lot of predictions that say that the lowest point in the decline will come back in the following month.
I think the current market is quite stable for bitcoin

yes, the current market price is quite stable, but still in the recovery phase to be able to raise prices again. no one can accurately predict market price movements, but for long-term investors, of course expecting a downward trend in market prices can end up here and in the coming months market price movements will be better than 2018 yesterday

upsidedown75

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Quote from: TIDOVEE on March 13, 2019, 12:06:46 AM

I wouldn't expect anything lesser next,especially with the long time dump.though there are predictions that it would be better than then. But at least, it should not be lesser.

Opportunity comes but once, we hope too much to suddenly believe that BTC will suddenly jump to $20k again within a short period of time. Nah bro, whales took advantage of BTC the last time BTC experience such pump and they have already pulled out, the profit gotten through that last pump is more than enough to cater for 2 generations and believe me, I don’t see them entering the market again for now since bitcoin is already stabilizing and we will only experience such increase again and higher when 50% of the population fully adopt crypto.

Kevin77

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The latest tests of 4200 really showed us that bitcoin is still not really ready to any further. If we can't move pass the 4500 mark than there is no reason to get excited about the increase in the price. Yeah, hitting 4200 is a great thing and as long as bitcoin doesn't go to bottom I am happy, the 3200 levels are untouched for months now and as long as we do not go below 3200 I will be happy but being happy about not falling and being happy about going up are two different things.

I am happy that its not going down but I am not super happy about reaching 4200, I am as happy at 3800 as I am at 4200. We need to either gather more whales around and make them all work together to beat this resistance that is keeping us here or we need to create a new hype and bring in "new money" into bitcoin to break that level.

Gontxi

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Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

do you expect something uncertain?
I don't think anyone knows when bitcoin will be pumped to the moon, there are even a lot of predictions that say that the lowest point in the decline will come back in the following month.
I think the current market is quite stable for bitcoin

lablab03

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Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

that could be a difficult to predict bro because market now still struggling and have no specific direction because of being so volatile and it's very unpredictable to be honest due to some factors that always occur nowadays after the bump of price . For me on this year maybe 10k value is very difficult also to reach in my own opinion.

ASHLIUSZ

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Quote from: Ziskinberg on March 13, 2019, 12:59:12 AM

Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

Hard to predict my friend, but I'm sure we will spike again and will probably have a new ATH soon.
Predicting a certain period is hard, but if you really want to sell at the timing when the price is on its ATH again, it's just simple, just hold and wait until it arrives.

As stated it is truly hard to predict the outcome, and from my understanding it takes time. The price growth won't happen in the near future. From its existence in 2008, it took around nine years to reach the ath. Further the same could happen, until then the market seems to grow gradually without any peak pumping.

Ziskinberg

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Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

Hard to predict my friend, but I'm sure we will spike again and will probably have a new ATH soon.
Predicting a certain period is hard, but if you really want to sell at the timing when the price is on its ATH again, it's just simple, just hold and wait until it arrives.

TIDOVEE

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I wouldn't expect anything lesser next,especially with the long time dump.though there are predictions that it would be better than then. But at least, it should not be lesser.

Ararbermas

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Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

no one knows mate what could be the next ATH of bitcoin especially on this situation which is after the spike it always fluctuate suddenly. common reason as well that it become very unpredictable nowadays. For me probably this is not the right time to make speculation which is soon once it stabilized again back to the 9-10k value to picture the real direction of pattern.

Gaff

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Quote from: StarofBTC on March 12, 2019, 02:21:43 PM

Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

If I am to speculate the spike for this year, we might be looking at roughly $6000 because I don’t see BTC spiking to that amount this year again since the halving of BTC will not occur until next year.

The increase that will be experience this year will just be the normal market doing fine as a result of more users coming into the system but practically, bull run , I don’t see it any time soon, what happened in 2017 was abnormal and that was why it corrected itself, the price was too high that if it had continued, poor people would have become poorer while rich people become richer because talking about BTC investment, it is only a very reach man than can invest and but over a thousand btc at once.

That's true, I think it's hard for average people to aim for that kind of amount to invest in. We seen more spikes on the price, and as per observations it was just an attempt of bigger whales. Unfortunately it went down badly after group of small investors dumped their asset back. It showed and confirmed only small investors working on buy and sell trading and not totally the biggest on took a place for that increase of the price. I just hope those whales will soon initiate a much better price pumps so that we will see bitcoin again to arise that high.

Shinpako09

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I based this on history we got. Few months after halving again maybe we can see a new ATH. Again this is just my opinion, you can make your own too. This could happen or I could be wrong, no one can predict accurately even those prediction with basis or so they called. I guess others also believe as mine.

kodtycoon

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if the first price statistics for bull occur 4 years and later 3 years well that maybe the next year between 4 3 and 2, so in my opinion the 3 year yeah is not the second year not a formula decreases the number by looking at the previous bull and revealing the scale of the logarithm that rise to the meeting point above. I also got expert estimates from experts to speculate through an interview a few months ago the price value can't be stated. by the way are all speculations and maybe not be entirely appropriate

Whosdaddy

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Quote from: figmentofmyass on March 10, 2019, 10:52:59 PM

Quote from: peter0425 on March 10, 2019, 02:21:41 PM

Quote from: leonair on March 08, 2019, 03:47:50 PM

I feel that the price of Bitcoin will again reach the $20k mark on 2021 because when you look at the history of Bitcoin itself you can see that every 3 years after a massive downfall it bounces back and even set an all time high.

I'm speculating that it could even higher than that. History shows us that every bull run, bitcoin always for new all-time-high so I'm expecting that in the start of 2020 and moving forward we may see more than $20K.

it's strange how everyone always sets their expectations so low for the next bull market. long term bear markets have a funny way of facilitating that sort of mentality among investors.

we shouldn't be aiming near the old ATH. by the time we approach $20k again, 2-3 years will have passed since the last bubble popped. there's no way we're going to form a double top after that much time has gone by and we retest the highs. all the old supply will have been bought up by then. another bubble is going to erupt and we're gonna go parabolic after breaking $20k.

don't sell too early! Wink

I understand we should also be positive about our investment but sometimes, we just have to set or expectations right and walk it through the part of reality. Reality is what matters here, we speculate a lot based on our own opinion and not based on fact or theory. I see a lot of people shouting $50K, $100K and so on as just mocking the system.

First we need to consider the factors that will push the price up, secondly, you mentioned something about old supply being bought and so, If bitcoin was the only crypto now, I would not have doubted your prediction but after the last bull run, remember we have so many coins that has come into the market all dragging investors to invest in them.

StarofBTC

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Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

If I am to speculate the spike for this year, we might be looking at roughly $6000 because I don’t see BTC spiking to that amount this year again since the halving of BTC will not occur until next year.

The increase that will be experience this year will just be the normal market doing fine as a result of more users coming into the system but practically, bull run , I don’t see it any time soon, what happened in 2017 was abnormal and that was why it corrected itself, the price was too high that if it had continued, poor people would have become poorer while rich people become richer because talking about BTC investment, it is only a very reach man than can invest and but over a thousand btc at once.

magneto

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Quote from: Pursuer on March 09, 2019, 04:00:52 AM

next bubble is going to be $300,000 ($300k) and it will happen in 2021.

why? because that is the trend that bitcoin has always been on if you zoom out. a solid rise of about 2-3x per year then when the rise and profit is seen a lot of newbies rush in and drive the price up into a bubble.

I certainly think that the halving will have a significant impact on the psychological aspect of traders, which is usually what matters the most in determining the market cycle and which phase of it we're in. The market sentiment in my opinion is more important than any TA that you can do.

And given that past bull markets have always peaked around 1 year after the halving, it wouldn't surprise me if prices do run up significantly between 2020 to 2021. The increased scarcity in newly created coins, as well as people's psychology will most likely make this happen.

However, I wouldn't go to the lengths of trying to predict how high it goes. The rallies could be significantly lesser this time round due to the more mature market, and larger market cap, which tends to suggest that volatility will be down and lower percentage gains will be seen. I don't think that 6 figures is necessarily out of the equation given the fact that adoption has actually continued to pick up despite the bear market, and firms like Goldman Sachs are actively trying to enter the bitcoin trading industry, but it's certainly not a guarantee solely based off past performance.

Naida_BR

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Quote from: leonair on March 08, 2019, 03:47:50 PM

The spike on December 2017 was slightly a Bitcoin bubble and I thought that the price would subside for a good reason.

I feel that the price of Bitcoin will again reach the $20k mark on 2021 because when you look at the history of Bitcoin itself you can see that every 3 years after a massive downfall it bounces back and even set an all time high.

It may bounce but don't you think that with the facts that we have right now, 20k is really big pump?
If there will be not any positive news, that will bring more people to the cryptocurrency community, or fasten mass adoption, I don't think that there is a chance to make such a huge bounce. We need to evolve the ecosystem in order to increase the price.

btc78

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Quote from: Gadithomason on March 08, 2019, 03:01:23 PM

Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

Look how stulid this question is.do you really think that this is answerable?all answers that you will get here is just speculation because the market is volatile so nothing is specific here

But i am pretty sure that this will not happen this year,and 20$k is so far from reality again.

What is needed now for investors is to hold our cryptocurrency and never sell in this bear market

Pursuer

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Where is my ring of blades...

Quote from: exstasie on March 09, 2019, 06:20:05 PM

Quote from: Pursuer on March 09, 2019, 04:00:52 AM

next bubble is going to be $300,000 ($300k) and it will happen in 2021.

why? because that is the trend that bitcoin has always been on if you zoom out.

That's what I would project based on the past. But as everyone knows, we shouldn't frame future expectations based on past performance. From a statistics perspective we only have a few data points (the 2011, 2013, 2017 bubbles) and with such little data we can't be confident that aberrations from the trend won't happen.

If you think of Bitcoin like a traditional tech adoption curve, then assuming we're on a log growth trend is ruling out the possibility we are actually leading up to an S curve. An S curve could take us to $10 million+ very quickly. I know that sounds crazy but looking at other tech adoption S curves like mobile phones, etc. it's really not if you consider Bitcoin's spot market scarcity. We haven't even tasted mass adoption yet. Just imagine what will happen if we do.

I agree that we can't speculate only based on past performance but that was not exactly what I had in mind. I am also taking into consideration how the conditions in the past that has led to those performances have not changed for example adoption is still happening with the same rate as before with the same acceleration too.

I also agree with the S curve theory of how bitcoin price is going to be like. but again the speculation is based on IF the conditions don't change. for instance back in 2016 I was predicting price to be at least $2k in a year (it was around $600-$700 at the time) based on the performance of that time. I had no way of foreseeing the big adoption that happened in 2017 and certainly no way of predicting the end of the 4 year long scaling debate to happen in 2017! both of which contributed to that rise.

in the near future we can have similar cases. for example something unlikely like Amazon accepting bitcoin or better yet doing it through LN is going to shoot the price up at least 500%

Topic: Bitcoin spike (Read 646 times)