Bitcoin spike - page 2. | Bitcointalksearch.org

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Quote from: Xxmodded on March 09, 2019, 09:02:01 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???

no one can predict for sure before there are indicators that cause the surge to occur, there are many factors that occur in 2017 one of which is the bitcoin hardfork.
so it would be too early to predict it for now and I think it would only be a waste of time to guess carelessl

Nothing is waste of time in case because most of the time positive feedback make good response in market and peoples are analyse the upcoming events in crypto platform so many peoples are believe the crypto investment so this year we will see some big jump in the market.

figmentofmyass

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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

peter0425

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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.

The hype was punctuated when CBoE and CME offered bitcoin future contracts. That put bitcoin in a bubble and a subsequent correction followed.

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.

Oasisman

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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 went that high because of some good reasons that creates a hype in crypto space. Gradually, the price subsides due to withdrawals after the hype.
Although the chart or the historical data of Bitcoin could be a good guide on when to enter the market, but good activities and news that are coming could be a great factor too, as it will create a positive outlook to the investors.
Anyway, thats a great observation on the price movement right there.

coinplus

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Do you really think anyone knows the answer to that question ?
Like, if we knew when it would be don't you think we would be selling every single thing in our possession to buy bitcoin ?

If I had known exact date of when bitcoin would go up in 2017 for example, I would have sold my house, my car, my clothes even(!) to buy more bitcoin and when it skyrocketed I would have sold way before it reached 20 thousand dollars, I would have started selling around 10 thousand dollars even if I knew it would reach 20 thousand dollars because I wouldn't want to make a huge ass sale all at once, I would want to spread it around so it wouldn't destroy the market.

Unfortunately, we didn't know 20 thousand dollars would happen, it was a shocking thing for us and we don't know if there will be a next one and when it will be .

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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.

bitcoin will rise to 20k after 1 year or by mid 2020 , crash take 1.5 ----2.5 years it start in january 2018 (the current crash that start in 2018 is like crash of 2014 that already finished in mid 2015)

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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.

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.

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Quote from: Slow death on March 08, 2019, 05:04:09 PM

I expect to see very high prices in 3 years, yes 3 years is far away if we think about it right. But this time the price will increase slowly. For what reason do I believe that the price will increase a lot in 3 years? Many governments will recognize bitcoin, some regulators will approve activities related to cryptos, people will be able to buy cryptos with greater ease. Institutional investors will be able to enter this market because it will be a properly regulated market. The exchange will have to provide good quality services due to the competition and the regulations. all these factors that I mentioned will make the price very high in the next 3 years

I only expected a recovery in 2020, and this has been anyway my minimum target for personal reassessment even since Jan 2018. So, everything that's happened since has been more or less expected. Perhaps my only surprise is that we haven't plumbed lower depths as yet, but because of that I still believe we're in for even more lows this year.

3 years would mean 2022, which probably still fits my medium-term expectations. Japan's regulations would have matured by then, as would the EU's AMLD5 so Bitcoin should be that much clearer in the eyes of the law.

That would be a while away after halving, and smack during World Cup (I know, no correlation!) but I tend to measure my life in WC;)

STT

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Spike represents inaccuracy in the price and is actually something you dont want long term. It means volatility which is some discouragement for all and food for the bears to say it was never real.

Do you want the temporary or the permanent rise in usage really, because its far better if it can get a stable base and then any spike from that base in your bullish scenario. I think we are still forming a base and to think more is jumping the gun.

Could we exceed 20k ? I think so but I'd prefer if it was years ahead not in months and then another sell

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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. we are now on the groundfloor of that upcoming bubble. the solid rises will start this year and price will reach probably lower but close to $10k and then in 2020 as the halving hype and a bunch of others start the rises become faster and as $20k is reached the FOMO buys are going to start and the launch to the moon will start. eventually end up with a big bubble above $100k, I chose $300k because I would be a much smaller version of 2017 rise so I gave you an under-speculation to have a better chance of being correct.

Very interesting.

This is much better version that the other speculations that I've read and heard lately. I agree with your observation that there's a solid increase per year though it's shaking without any accurate price. The bubble burst late time and for this year, we've seen that there's more people that are putting interest to bitcoin.

And we all know when bitcoin starts to increase in price again, those people that lost interest to it will comeback and will contribute to make the volume higher again.

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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 can predict for sure before there are indicators that cause the surge to occur, there are many factors that occur in 2017 one of which is the bitcoin hardfork.
so it would be too early to predict it for now and I think it would only be a waste of time to guess carelessly

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Quote from: gabmen on March 09, 2019, 07:10:31 AM

Quote from: Baofeng on March 09, 2019, 05:04:55 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???

Again, we don't know what's could be the next all-time-high, but it could be around around the $30k-$50k levels in the next 2-3 years. I don't want to put exorbitant numbers like 6 digits or something because I don't honestly think we can get to their after the next block halving. So I'm putting a estimate that I think within our reach in 2020-2021.

Hopefully. If ever we get to another ath soon i think the halving next year would have a lot to do with that. What i'm not very confident about is the manner of how we'll get another all time high. I think it's going to be difficult to start another fomo given the state btc was left after this bear market. But my fingers are crossed lol.

I also think that way since thinking about on where would the pump to start and when would the ath would come is so absurd. Since for looking the situation drag by halving we can say that we might gonna experience that huge surge when that times comes and maybe by now to reach that level we might need a huge news about certain strong adoption of crypto.

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Quote from: Baofeng on March 09, 2019, 05:04:55 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???

Again, we don't know what's could be the next all-time-high, but it could be around around the $30k-$50k levels in the next 2-3 years. I don't want to put exorbitant numbers like 6 digits or something because I don't honestly think we can get to their after the next block halving. So I'm putting a estimate that I think within our reach in 2020-2021.

Hopefully. If ever we get to another ath soon i think the halving next year would have a lot to do with that. What i'm not very confident about is the manner of how we'll get another all time high. I think it's going to be difficult to start another fomo given the state btc was left after this bear market. But my fingers are crossed lol.

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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???

Again, we don't know what's could be the next all-time-high, but it could be around around the $30k-$50k levels in the next 2-3 years. I don't want to put exorbitant numbers like 6 digits or something because I don't honestly think we can get to their after the next block halving. So I'm putting a estimate that I think within our reach in 2020-2021.

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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. we are now on the groundfloor of that upcoming bubble. the solid rises will start this year and price will reach probably lower but close to $10k and then in 2020 as the halving hype and a bunch of others start the rises become faster and as $20k is reached the FOMO buys are going to start and the launch to the moon will start. eventually end up with a big bubble above $100k, I chose $300k because I would be a much smaller version of 2017 rise so I gave you an under-speculation to have a better chance of being correct.

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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.

The historical data has really show this and that means we should actually expect bitcoin to get to around $100,000 by 2021. However, we are going to witnessing little bullish run as it has happened in the past. The cryptocurrency market is becoming more popular this days and we should expect some inflow of money this day that may cause bitcoin to move above $9000 . It then means if you can buy now and keep holding there is no way you will not make good profits in three to four months to come. The bull is coming! Just be patience.

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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???

The price of bitcoin spiked almost twenty time from the previous spike so based on that the next spike might atleast hit $100K so keep holding you coins. Cheesy

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It's hard to question, and I think no one will know. Maybe the price could be more than $20k in the next year, but I am sure that it will be very higher in the future.

It was still difficult to predict what will happen in the future as we don't know about that. But the price now has a stable price and don't move too high or too low, but still, the price could go lower this year, and the chance for that thing will always be possible.

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In the era of bitcoin price movements when touching the highest level in 2017, many parties think about Bitcoin.
Bitcoin broke a record with more than 100% profit in 2017,
For that, the increase in the price of bitcoin is the number of investors, so the amount of speciation on the platform in buying and selling bitcoin,
Example: Coinbase, I think this year is likely to be at least half the price of bitcoin 2017. It could be more.

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After specific time interval there is regular growth, but the same has shown deviation at times. With these factors into consideration the best way to get on the market upto date is through the continued observation of the market. With good positive potential the market is good for getting the best deal in the market.

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