BTC: 2014 & 2018 comparison | Bitcointalksearch.org

katrimans

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Quote from: ukr2net on August 26, 2018, 12:52:28 PM

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

A falling wedge which could result to a change of trend if broken out from. It is quite a good comparison except for things being faster this time around. However, it is not always good to always want to follow this pattern without still having some back up plans in case things end up not going as expected.

At least as it is, we cannot judge the future based on past happenings. Maybe, if we break out of the wedge first without having another pull back inside the wedge, I may say, then, we have another 2014.

Febo

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Quote from: ukr2net on August 26, 2018, 12:52:28 PM

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

Why are you using two months old chart? If you just pick this chart somewhere then tell us who made this chart? I hope you know plagiarism is forbidden on this forum and is sanctioned with perma ban.

el kaka22

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Quote from: ikealyou on August 26, 2018, 12:56:24 PM

Seems that it is time to re-stock Wink

Well, it has been giving the restock signal for a while now. Although, a lot of investors still believe the market might still have some lows to go test in a short while, but we will get to see if this would be a repeat of 2014 as shown by the OP or not. I would not want to put my mind too much on it though, considering I can only use what is at hand to know if I should be in a market or not, but for what it is worth, the market is looking good for a while now and we even had a good close for the weekly candle.

When comparing 2014 and 2018, many people are failing to consider the other major factors like number of bitcoin adopter and business and legality of bitcoin in major countries. Because, most people do consider price levels alone to compare these years trends but just the peak price levels alone will not push markets to follow similar incidents.

batang_bitcoin

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Quote from: LFC_Bitcoin on August 26, 2018, 01:12:46 PM

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

I'm even more positive with the halving than those events that are being hoped by most today. These charts shows that we have to fill the bag now and we'll definitely be out of this bear soon.

Quote from: Ararbermas on August 26, 2018, 11:23:42 PM

Well it's looks like a coincidence

Coincidence or not, its encouraging.

hualy2

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People now complain that bitcoin is so bad, but I have an idea. Maybe we will wait and see for many years, the price is very cheap, why didn't we buy it!

Binugon

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Quote from: ukr2net on August 26, 2018, 12:52:28 PM

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

It turns out that in 2014 Bitcoin showed a positive, high and stable movement compared to 2018, I did not know cryptocurrency in 2014, after seeing this I became convinced and hoped it would repeat again in 2019, thank you for the information, but as a suggestion please indicate what alone that affected the positive movement of Bitcoin in 2014.

Oasisman

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The movements seems similar, but I dont want to expect with the result in the latter part, instead I'll just continue to hold no matter how low the dip is. At the end of the day, Bitcoin will always finds it way to recover.

Ararbermas

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Well it's looks like a coincidence but i believe on this upcoming month the growth rate will make the same direction again (like what we see in 2014 graph ), because honestly market always start to accumulate on BER months and stabilized until December but unfortunately it's always plunges back as well before year end which is like what happened before. So holders expect a profits on this upcoming month .

pooya87

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although i don't like comparing things with the past in bitcoin but i have had the same idea for a while. i think this current situation is more like 2015 (in fact i have said it before too) where price was stable near $220 and was struggling to rise up and everyone was giving up, being disappointed, talking about 2016 halving as the savior, talking about HODL,... while others were silently accumulating bitcoin...
today however we still don't have the same disappointment and giving up on bitcoin feeling yet but we are seeing the signs and then again market is very different from 3 years ago.

Yaunfitda

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Quote from: pundit on August 26, 2018, 12:58:40 PM

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.

Majority of us here doesn't know what crypto is back in 2014. I'm haven't checked the historical logs though, the last stop I did was 2016. But it like every 1 to 2 years we will have this bearish trend followed by a dramatic rise. So it history repeats itself we might see bitcoin going up next year.

bitcoin31

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2014 and 2018 have big comparison of bitcoin price 2014 that chart are increasing the value of the bitcoin but this year 2018 the chart or analysis they decreased already. I hope bitcoin will not dump the price next month but better if we see pumping the value.

Rozita

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I personally believe that bitcoin price will finally rise. But I don't think such predictions work. I mean we cannot say what has happened before will happen again. There are many more important factors affect the market. But this diagram can make the investors hopeful. It shows that price recovery can happen even after a big correction and a new all time high can be achieved.

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Quote from: ukr2net on August 26, 2018, 12:52:28 PM

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

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

If you zoom out/in you can find the same graph multiple times day. Between 2014 and 2018 a lot of things changed so there are several things to consider that can change completely any comparison.
Even reading Nostradamus prophecies you may find predictions on the BTC price Undecided

gentlemand

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The only comparison worth getting worked up about is how much stronger BTC is as an idea compared to 2014. If you take that on board then your only worry is how long you have to wait before it takes off compared to back then when it still felt possible the whole thing was a flash in the pan that had stopped flashing.

Sooner would be nicer than later but some day people will be pleased they stuck around through the boring and down bits again.

unorowest

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From the charts, it does seem to me that we will not be experiencing real and significant increase in the price of bitcoin until year 2019.

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Quote from: LFC_Bitcoin on August 26, 2018, 01:12:46 PM

Quote from: PhoenixEmpire on August 26, 2018, 01:07:58 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..

I also heard about this result. and it seems to me that in 2019 there will be the same situation on the market as it is now.

Bloodseekers

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Quote from: ikealyou on August 26, 2018, 12:56:24 PM

Seems that it is time to re-stock Wink

If we see chart i agree with you, this time to buy bitcoin and hold it, i think this year that chart will repaeted again. so that it gives us profit by buying at the current price. Just suggest for OP maybe update about this, So we can used this thread as a reference.

Quote from: kamoto on August 26, 2018, 03:37:55 PM

Yes ... it's been 4 years ... it seems that even recently bitcoin was not worth and 1000 dollars. Well, as if in the future to watch the price of bitcoin grows and does it very well even. Most likely sooner or later the cost will be more than 20 thousand ... you just have to wait.

By the way, the price already reached about $19,990 at 17 december 2017

kamoto

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Yes ... it's been 4 years ... it seems that even recently bitcoin was not worth and 1000 dollars. Well, as if in the future to watch the price of bitcoin grows and does it very well even. Most likely sooner or later the cost will be more than 20 thousand ... you just have to wait.

Thirdspace

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if history repeats itself then it seems we are going to encounter bearish market
mostly sideway movements Sad

and hopefully slight increase before the end of year
so, bullish market (possibly) starts sometime next year... maybe around or after march/april 2019?

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Quote from: ukr2net on August 26, 2018, 12:52:28 PM

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

Bitcoin history is full of ups and downs. With enough skill you can find plenty of areas to show exactly what you want to show.
So imho this means a big fat nothing.

lizardbtc

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Quote from: ukr2net on August 26, 2018, 12:52:28 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

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Quote from: ikealyou on August 26, 2018, 12:56:24 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

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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

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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

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Quote from: PhoenixEmpire on August 26, 2018, 01:07:58 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

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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

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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

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Seems that it is time to re-stock Wink

ukr2net

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

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

Topic: BTC: 2014 & 2018 comparison (Read 338 times)