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Topic: Bitcoin spike - page 3. (Read 646 times)

legendary
Activity: 1652
Merit: 1483
March 08, 2019, 06:41:19 PM
#14
a year or three after the next halving, i think we'll be in the parabolic bubble times again. $200k - $400k feels about right. Smiley

The spike on December 2017 was slightly a Bitcoin bubble and I thought that the price would subside for a good reason.
"Slight" is putting it way too mildly.  The runup to $20k had the air of euphoria attached to it just like every other bubble I've ever observed--not that my experience is vast, but I do recall the internet stock bubble of the late 90s and the real estate one that happened in 2006 or so.  People were going crazy over those investments just like bitcoin in 2017.  The btc bubble just happened to be shorter lived than the others.

if we compare to past bitcoin bubbles though, it was definitely smaller in % growth terms. it's definitely setting up some expectations now of a logarithmic trend where the bubbles will get weaker and weaker as time goes on.

i suppose that makes sense too. in most things early adopters usually profit the most; late adopters, less so.
legendary
Activity: 1806
Merit: 1521
March 08, 2019, 05:15:22 PM
#13
Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

If I'm throwing out a number, I'll guess $300K +/- $50K. Naturally, it's impossible to know where price will stop exactly, but based on the long term log trend and past bubbles, that's pretty reasonable.

The other possibility is we won't stay on a log growth path and will actually switch to an S curve. That could put is in the millions (USD) very quickly.

Maybe 2022? Smiley
legendary
Activity: 3122
Merit: 1398
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March 08, 2019, 05:14:08 PM
#12
Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

Depends on how optimistic people are. They can say $20,000 at the end of 2019 , $30,000 at 2020 , $50,000 and so on..etc.

When this big price jump will happen? I wish we can tell. Even backed up by a technical and professional anaylsis won't work on determining when it will be.

My suggestion is to changed your thinking and focus on the current situation. Those speculations of higher prices in the future will just give you more confusions. Rather than to think when will be next spike, have some preparations about it now so that in case your dream price will happen few days from now, you will be benefited to it.
member
Activity: 194
Merit: 10
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March 08, 2019, 05:12:41 PM
#11
I think the next big spike could take place at the ends of this year or probably in the beginning of 2020. It's been a long time since bitcoin price had a bull run and even though it doesn't show any sings that it's prepared for a huge spike I think there will be a certain moment when that is going to happen. Anyway, it's impossible to know when that's going to happen since we don't know what major events could take place during an entire year that could completely change the course of bitcoin.

It will certainly showed more spiking attempt since the last month we saw it, and definitely we're on the best part which everyone also thought something would be a good signs. But somehow, the situation come to a point where frustrations came in and failed us. That's normal in crypto, we tend to fail and in the long period survival can be achieved as day pass by there's another side of the story will bring us a better surprise when we see price again spiking for better value.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
March 08, 2019, 05:04:09 PM
#10
Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???

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

Hopefully 2K$.  Grin

Bad joke

So we'll see where the next border will be. I also expect it to come in the next few years, up to 2 years. But, nobody knows for sure!

I hope see in 3 years.
sr. member
Activity: 2506
Merit: 368
March 08, 2019, 05:02:03 PM
#9
Some were expecting a 100k after the next halving but it is just too much for a young Bitcoin that is still developing on the process. If after the halving plus more investor and adaptor then Bitcoin would reach 20k again or more. I just can't see how much the spike would stop when it is pumping, only the whales can make a change of it.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
March 08, 2019, 04:51:55 PM
#8
The spike on December 2017 was slightly a Bitcoin bubble and I thought that the price would subside for a good reason.
"Slight" is putting it way too mildly.  The runup to $20k had the air of euphoria attached to it just like every other bubble I've ever observed--not that my experience is vast, but I do recall the internet stock bubble of the late 90s and the real estate one that happened in 2006 or so.  People were going crazy over those investments just like bitcoin in 2017.  The btc bubble just happened to be shorter lived than the others.

I've no idea when the next pop for bitcoin is going to be, but I'm fairly certain it'll happen sooner or later.  It's still a pretty new technology and I don't see the enthusiasm for it dying down.  It's just in a rut right now, but at least it's stable where it is, and it's not like it's cheap.  I remember when 1BTC was $300, and a lot of folks here were into it when it was going for pennies.
sr. member
Activity: 811
Merit: 250
March 08, 2019, 04:50:04 PM
#7
2017 is the most beautiful moment for bitcoin, but it must end in early 2018, maybe this is the right time to buy bitcoin in early 2019 at a relatively cheap price in my opinion, the choice is yours because for bitcoin trading it must be able to control emotions .
hero member
Activity: 1067
Merit: 501
March 08, 2019, 04:39:12 PM
#6
Each successive ATH in the history of Bitcoin's price is always several times higher than the previous one. I think McAfee's predictions are quite real and the next ATH, at the end of 2020, can go up to $100k.
full member
Activity: 1092
Merit: 117
March 08, 2019, 04:22:47 PM
#5
I think the next big spike could take place at the ends of this year or probably in the beginning of 2020. It's been a long time since bitcoin price had a bull run and even though it doesn't show any sings that it's prepared for a huge spike I think there will be a certain moment when that is going to happen. Anyway, it's impossible to know when that's going to happen since we don't know what major events could take place during an entire year that could completely change the course of bitcoin.
full member
Activity: 171
Merit: 100
March 08, 2019, 04:14:03 PM
#4
Bitcoins all time high will definitely be overcome, I hope so. Whenever such a massive increase occurs, the old ATH is overcome many times. So we'll see where the next border will be. I also expect it to come in the next few years, up to 2 years. But, nobody knows for sure!
jr. member
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
March 08, 2019, 04:04:56 PM
#3
No one on planet earth can predict accurately the next spike and how far it will go. There is nothing people currently desire more than a spike on bitcoin but truth be told the future can not be predicted. We only hope for the best at every point in time.
sr. member
Activity: 1400
Merit: 420
March 08, 2019, 03:47:50 PM
#2
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 $20k mark on 2021 because when you look at the history of Bitcoin itself you can see that every 3 years after a massive downfall it bounces back and even set an all time high.
newbie
Activity: 1050
Merit: 0
March 08, 2019, 03:01:23 PM
#1
Bitcoin's spike 20$k on December 2017
What cloud be the next spike level and when???
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