BTC: 2014 & 2018 comparison - page 2.

lizardbtc

full member

Activity: 448

Merit: 109

Quote from: ukr2net on August 26, 2018, 01:52:28 PM

BTC: 2014 & 2018 comparison with a line chart which brings another perspective.

These scenarios are totally different. Meaning that before like the ONLY exchange where you could buy some bitcoin was mtGox and after it went down it caused the price to go down as well because really you had no other options where you could trade your bitcoin. Now there is variety of exchanges out there, if some exchange fall maybe it can have the impact on the price but not that much. Of course both of these were pumps and a bubble of some sort. But I just think it is different this time.

pixie85

hero member

Activity: 2170

Merit: 528

Quote from: ikealyou on August 26, 2018, 01:56:24 PM

Seems that it is time to re-stock Wink

It can still go a bit lower. As you can see there's quite a bit of space between the two lines on the chart. It can keep going down until it touches the bottom in a month or two.

I also think that we shouldn't compare both charts because the timelines of every bear market are different. If you compare all big rallies of Bitcoin the bear markets lasted longer each time.

marlouied04

newbie

Activity: 39

Merit: 0

I think that it's just a coincidence. There's a big difference between them, like their values and their popularity. Bitcoin is more popular now than in the last 4 years.

MilesTZv

newbie

Activity: 43

Merit: 0

It's probably just a coincidence. I don't think 2018 will be the same as 2014, because encryption is a different industry from a few years ago, and I'm sure the market will recover this year.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: PhoenixEmpire on August 26, 2018, 02:07:58 PM

This comparison indicates that BTC will not get back to 20K $ before 2021.

It is interesting how you look at it but I think BTC reverses sooner than the last time reasons being a lot of things have changed since then, like exchange hacks does not spread fear among-st the investors right now, a lot more people now about bitcoin, institutions are getting into Bitcoin/Crypto.

And most importantly we have the word HODL now Grin

Halving in mid 2020. I expect $50,000 by mid 2021. Time to just HODL & be patient..

PhoenixEmpire

newbie

Activity: 70

Merit: 0

This comparison indicates that BTC will not get back to 20K $ before 2021.

It is interesting how you look at it but I think BTC reverses sooner than the last time reasons being a lot of things have changed since then, like exchange hacks does not spread fear among-st the investors right now, a lot more people now about bitcoin, institutions are getting into Bitcoin/Crypto.

And most importantly we have the word HODL now Grin

pundit

full member

Activity: 868

Merit: 104

Oh I did not analyse these chart ever, maybe because in 2014 I was not having any much idea about cryptocurrency so never had look on 2014 chart, thanks for bringing up this comparison, its seems that 2014 history will repeat in 2018 charts are looking so similar, I see current level of BTC as bottom, I am expecting a upmove from this level, good analysis.

ikealyou

newbie

Activity: 25

Merit: 0

Seems that it is time to re-stock Wink

ukr2net

newbie

Activity: 75

Merit: 0

BTC: 2014 & 2018 comparison with a line chart which brings another perspective.

https://i.imgur.com/ApYU0Ym.jpg

Topic: BTC: 2014 & 2018 comparison - page 2. (Read 326 times)