Topic: Bitcoin stats to kickoff 2020 (Read 531 times)
This is a great statistic. I am sure that this year bitcoin will become even more popular, because interest in it has already doubled at least. We are meeting more and more new users.
Decent details, some information that i do not peruse yet were incorporated. i can not recall the last article which says bitcoin is dead. It appears to be long that I read it and reach that number at now . we should always trust that btc will perform preferable now over a year ago as splitting will happen this year.
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Holders doesn't want to sell at any price right now and this make it contrary to what you are saying about people who are holding.
Well, you have a point in there, they kept hold until they will gain profit on it. These stats made me optimistic, I am really looking forward to the Bitcoin's price to rise within the year. As far as I remember, one of the stock markets in China has declared that it had around 2.7 million new Bitcoin wallet and around 500k of new wallets in the Ethereum network. Halving really affected the price though. Before the bull run last 2017, --halving was also there and the reason why it arouses. Indeed, perhaps this is the time of Bitcoin to shine again.Holders doesn't want to sell at any price right now and this make it contrary to what you are saying about people who are holding.
This creates scarcity which impacts the price of bitcoin. Halving is one of the greatest events for bitcoin and again, some are comparing the upcoming halving with the halving that Litecoin made because it has no impact but there's no point of comparing it.
The information you have provided here is not enough to prove that there is going to be increase this year, but anyway, we all wants the price of Bitcoin to increase this 2020 and we are strongly believing that there is going to be an increase. And yes I have seen a few analysis that were done by experts to prove that there is going to be increase this year.
But trust me, as long as it’s cryptocurrency that we are talking about here anything can happen. You can wake up and anything will happen. I did believe those predictions but that wasuntil yesterday when I started seeing news about US government auctioning 4000+ Bitcoin.
But trust me, as long as it’s cryptocurrency that we are talking about here anything can happen. You can wake up and anything will happen. I did believe those predictions but that wasuntil yesterday when I started seeing news about US government auctioning 4000+ Bitcoin.
Very interesting statistics that you provide, whether with these statistics can guarantee the future for an increase in Bitcoin in 2020. I more often see predictions that say the middle of 2020, there will be an increase in Bitcoin. But that is without any statistics, maybe only with analysis.
you dont have to wait for the middle of 2020 because we are now going up in January and February so lets see if this will continue.i know that it is hard to expect but we have no choice now but to do such waiting and keep the Holding strongly guys.
we are now months before the halving so expect more pressure in bitcoin price but i am very confident that all my waiting will have fruits.
I think that bitcoin will be declared dead many more times. There are always people who do not believe in anything or do not understand something, therefore they want Bitcoin to not exist. And those who understand the technology and understand its prospects earn decent money by investing in bitcoin.
We can't blame them, Bitcoin might be a possible enemy in their business or maybe they failed to earn profit in using bitcoin and try luring others not to try it and putting a bad image into it 
. As a bitcoin user for a year I think it is better to just ride the waves that bitcoin makes and get a profit into the fullest, Ofcourse I praise the wise idea of satoshi that he make it possible and now a technology that others are imitating. 
- Bitcoin has been declared dead for 379 times
All that you have said is true but this is the best and this is one of the reason why Bitcoin is still here 
.This is just the start of it. Many are believing that Bitcoin will be a better year than last year because of halving. TBH, I don't see Bitcoin to reach new ATH this year but one thing is for sure. Bitcoin is here for us.
- Around 30,000-60,000 people with more than $1 million worth of bitcoins
Really? How do you determine this? Is it assuming one address = one person?I don't believe in this. Yes whales are always there to pump and dump the market but the exact people who are holding kind of amount isn't near to that number.
I think that bitcoin will be declared dead many more times. There are always people who do not believe in anything or do not understand something, therefore they want Bitcoin to not exist. And those who understand the technology and understand its prospects earn decent money by investing in bitcoin.
[snip]
Holders doesn't want to sell at any price right now and this make it contrary to what you are saying about people who are holding.
Well, you have a point in there, they kept hold until they will gain profit on it. These stats made me optimistic, I am really looking forward to the Bitcoin's price to rise within the year. As far as I remember, one of the stock markets in China has declared that it had around 2.7 million new Bitcoin wallet and around 500k of new wallets in the Ethereum network. Halving really affected the price though. Before the bull run last 2017, --halving was also there and the reason why it arouses. Indeed, perhaps this is the time of Bitcoin to shine again.Holders doesn't want to sell at any price right now and this make it contrary to what you are saying about people who are holding.
[snip]
Holders doesn't want to sell at any price right now and this make it contrary to what you are saying about people who are holding.
Well, you have a point in there, they kept hold until they will gain profit on it. These stats made me optimistic, I am really looking forward to the Bitcoin's price to rise within the year. As far as I remember, one of the stock markets in China has declared that it had around 2.7 million new Bitcoin wallet and around 500k of new wallets in the Ethereum network. Halving really affected the price though. Before the bull run last 2017, --halving was also there and the reason why it arouses. Indeed, perhaps this is the time of Bitcoin to shine again. Holders doesn't want to sell at any price right now and this make it contrary to what you are saying about people who are holding.
Much better to prove that stats with basis and proof. I'm also thinking if the stats about 30k-60k people holding worth more than $1M of bitcoins.
Let's not forget that bitcoin has reached $13,000 last June 27, 2019. I think this is viable to be added to that stats list and there's a proof for that because we've seen that before.
All time high as well as all time low price should be added to the statistics. Bitcoins have already moved much vigorously which makes bitcoins more popular in terms of having benefits from trading with bitcoins. Moreover, there are not much people holding bitcoins so I might agree with OP that only 30,000 to 60,000 people might be the active holders of bitcoins and whole amount of bitcoins already mined should be divided among those number of people. Let's not forget that bitcoin has reached $13,000 last June 27, 2019. I think this is viable to be added to that stats list and there's a proof for that because we've seen that before.
We should never forget that most of the bitcoins are either lost in the transaction or scammed or maybe people forget about their bitcoins which makes them unspent and useless in some wallets. Also these details should be added to the OP.
There is a lot of it that's being on held right now. Holders doesn't want to sell at any price right now and this make it contrary to what you are saying about people who are holding.
These statistics have each basic information about bitcoins. You should try to update this thread with updated statistics about bitcoins. This might surely be helpful for a lot of people who have a desire to start with bitcoins. Bitcoins are really doing great in terms of daily movement. We can't find these profits in any other commodity trading like stocks/forex, gold, etc.
Bitcoins being most volatile also gives us a lot of opportunities to make profits from the price movements. I was not known to the last fact you mentioned about bitcoins being declared dead for 379 times? This really should be a major point to be considered here.
Bitcoins being most volatile also gives us a lot of opportunities to make profits from the price movements. I was not known to the last fact you mentioned about bitcoins being declared dead for 379 times? This really should be a major point to be considered here.
Its gonna be a great year for bitcoin,of course it has been very consistent at the top since the past years,but this time,I'm sure it's gonna reach an all time high again
Always avoid making uncertain conclusions. Not to be a pessimist but do play the game that you would be safe from regrets. It is okay to assume that this would be a good year for crypto but do not be carried away too much.Always expect for the negative side, because it would save you from unrealistic expectations. The year has just began but so far, it seems to be in favor for the market but that is not enough. It is still a long way and there are many things that could happen. Just note how the market behaves in nature. Ups and downs should always be expected when it comes to the market value of Bitcoin and also, other cryptos.
Much better to prove that stats with basis and proof. I'm also thinking if the stats about 30k-60k people holding worth more than $1M of bitcoins.
Let's not forget that bitcoin has reached $13,000 last June 27, 2019. I think this is viable to be added to that stats list and there's a proof for that because we've seen that before.
All time high as well as all time low price should be added to the statistics. Bitcoins have already moved much vigorously which makes bitcoins more popular in terms of having benefits from trading with bitcoins. Moreover, there are not much people holding bitcoins so I might agree with OP that only 30,000 to 60,000 people might be the active holders of bitcoins and whole amount of bitcoins already mined should be divided among those number of people. Let's not forget that bitcoin has reached $13,000 last June 27, 2019. I think this is viable to be added to that stats list and there's a proof for that because we've seen that before.
We should never forget that most of the bitcoins are either lost in the transaction or scammed or maybe people forget about their bitcoins which makes them unspent and useless in some wallets. Also these details should be added to the OP.
So, if you bought bitcoins at the beginning of 2019, you would have been garanteed of a 17.4% profit on your investment (Maximum one day move 17.4%) ...you just need to wait it out and sell when it reach a specific target percentage. You can set your own goal for the year and sell at that target price for a profit.
People tend to look at overall performance for the year, but within the year, there are ample opportunities for traders to make some very good profits on their Bitcoin investment, if they time everything correctly. 
Would be nice to see online wallet statistics, if you can get hold of that.
People tend to look at overall performance for the year, but within the year, there are ample opportunities for traders to make some very good profits on their Bitcoin investment, if they time everything correctly.
Would be nice to see online wallet statistics, if you can get hold of that.
What you are saying sounds nice in theory but no one is that professional and lucky to salvage every high and low. So better is to set one's own targets and sell immediately when the price reaches the target price. There will always the feeling of regret afterwards as the price sooner or later will cross your target price but it's better to forget that and set new targets and so on.
But I have feeling too that this year will be unprecedented year for bitcoin and most probably we will see ATH this year.
So, if you bought bitcoins at the beginning of 2019, you would have been garanteed of a 17.4% profit on your investment (Maximum one day move 17.4%) ...you just need to wait it out and sell when it reach a specific target percentage. You can set your own goal for the year and sell at that target price for a profit.
People tend to look at overall performance for the year, but within the year, there are ample opportunities for traders to make some very good profits on their Bitcoin investment, if they time everything correctly.
Would be nice to see online wallet statistics, if you can get hold of that.
People tend to look at overall performance for the year, but within the year, there are ample opportunities for traders to make some very good profits on their Bitcoin investment, if they time everything correctly.
Would be nice to see online wallet statistics, if you can get hold of that.
It would also be nice to make statistics for weeks and months, and try to connect it with events from this period to see what and how can affect the price.
Some bursts in registering bitcoin wallets, or changes in hash-rate. Much more can be added.
Some bursts in registering bitcoin wallets, or changes in hash-rate. Much more can be added.
I think Bitcoin will do well this year. Many investors are ready to invest in bitcoin because of bitcoin halving. This is just my opinion. After bitcoin halving, the market will see a good impact. We hope this year will end with a steady run. The last bitcoin halving (2016) gave birth to a bitcoin historic bull market (2017). Hope this halving giving us something good.
This is happening in preparation of halving that is about to happen this 2020. Investors are now trying to invest in bitcoin because they know that sooner or later, the value of bitcoin that they have bought will for surely gonna increase. Lets just wait for its halving to take effect because the value of bitcoin might be tripled.
Yeah right, the investors are waiting for the Halving moment, we are all waiting for that too, Many predict the price of Bitcoin will increase after Halving, and I believe that. Bitcoin price correction has been a long time and now it's time for Bitcoin to show an increase. Prepare yourself from now. 
This is happening in preparation of halving that is about to happen this 2020. Investors are now trying to invest in bitcoin because they know that sooner or later, the value of bitcoin that they have bought will for surely gonna increase. Lets just wait for its halving to take effect because the value of bitcoin might be tripled.
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