Topic: Could we expect more years like "2017"? - page 11. (Read 2492 times)

I don’t really think we will see another year like 2017 with Bitcoin. It has grown 1,300 % this year and at its current value that would be beyond crazy to repeat.

We all know that bitcoin has great business this year and always growing not only in price but in all aspect. I visualized that this coming 2018 is another great year not only for bitcoin but also in the other crypto currencies. I'm sure bitcoin will give us another opportunity to earn more next year.

the bitcoin keeps increasing the price so long that the government meets to track the current bitcoin development.
the reason for the bitcoin is rising we do not know it until now, so the bitcoin will get high and the government is hard to track.

Many speculations saying that the upcoming year will be the year for the altcoins. I can also feel it that altcoins will pump this 2018. They have been sleeping for so long and its time for them to wake up. As for the Bitcoin, I can also feel that will stabilize its value or will slightly rise alig with other coins. 2018 will be the year for cryptocurrencies.

Here is the most authoritative answer any one can give: No One knows!
Whether you think it will go bust, stay flat, or skyrocket it's all conjecture. No one really knows.

What we do know is blockchain and crypto currencies are here to stay (at least until the lights go out .

BTC would not be the first new technology to blaze the trail and then get replaced by a better version with refinements to the process. While we can thank it for bringing cryptos to the awareness of the general public. there are some glaring problems with using Bitcoin as a currency.

1. Most people don't want to gamble their everyday checking account funds on something as volatile as BitCoin. It's success could well become the reason for it's demise (which futures might play a role in).

2. The scarcity factor. While that has certainly played a role in it's rise, a currency for general circulation needs more liquidity.

I would keep your eyes open for a crypto that brings the following factors together.

1, Greater quantity/Liquidity: If your going to use it to buy groceries, gas, bridge tolls, etc., you need easy access to adequate quantities.

2. More price stability:
Do you really want a currency whose value can fall by half between the time you deposit a paycheck and the time you pay your rent?  We've seen that with fiat currencies. It's called hyperinflation.

3. Some investment quality (inflation insurance): 
Imagine a crypto whose price was pegged to something in the real world. It could be gold or silver (or any other commodity), but it could also be pegged to the dollar adjusted for inflation, so if inflation is 6% your money gains 6% against the dollar as you hold it. With a peg like that you would have an incentive to get out of dollars and into the crypto as fast as possible, but without a scarcity factor it would not drive the price up or become hard to get. This structure would give average people the ability to hold their ground against inflation. If the dollar ever collapses, your protected.

4. Broad commercial and acceptance with banking support:
Imagine a crypto debit Visa card that allowed you to hold a crypto currency, but pay in your choice of dollars or crypto. So you buy some thing on amazon and they take payment in crypto, so you select crypto, but then you buy a loaf of bread and they don't take crypto so you slide your card and they get paid in dollars (your bank converts your crytpo into dollars at the time of sale and pays the store in dollars.

One of the things that has made cryptos attractive - the speculative investment potential - also makes them less attractive as a currency, so as this area matures, I'd look for a crypto with some or all of the previous characteristics to become a common currency.

as we all know, bitcoin seems to have started packing its wings in the last few months of this year. I myself bought it and held it to date, seeing many people speculate the bitcoin price in the next year will exceed $ 30k. it makes me more excited to hold all bitcoins for the next few years.

I know we are looking for more progress and improvement of bitcoin and the entire cryptocurrency. Of what have happen to bitcoin in this year would something be happen again and much more. Although we can't really predict the life span for this, but positively hoping that it would still exist for a long time.

Historically, yes. We saw this kind of growth in multiple past cycles, namely in 2011, March-April 2013, and November-December 2013. I think of these cycles as "Gartner hype cycles" which are sometimes used to represent the adoption and social application of certain technologies.

Many people believe that Bitcoin is experiencing the "S-curve" technology life cycle, which suggests a vertical/exponential increase in adoption at some point. It looks like we could be seeing that now, since Bitcoin's price in deflationary supply should reflect adoption rates according to Metcalfe's Law. If this is truly the case, we can definitely expect more years like 2017, until the top of the S-curve has occurred. After that, Bitcoin could be a mainstream, traditional commodity like gold or oil.

I think bitcoin will continue growing next year just like what were seeing today, bitcoin is just in the early stage since this is the only time people are actually acknowledging bitcoin is real, proofs are more and more people investment, large financial  companies are switching to bitcoin investment also.

I never expected it too and many also believe that it would be probably be just $5k by end of 2017 but bitcoin proves us wrong or nevertheless should I say this enthusiast proves us wrong. I/we don't know what 2018 would bring for the future of bitcoin but I am in touch that history may repeat again.

yeah next year will be more maybe 2-3x than this

rises like this happen because of adoption. and adoption is not a process that always happens slowly. sometimes like this past 2-3 months, the adoption suddenly grows too big and too fast, and with same speed, even faster at times, the price rises.

so if we see the same adoption growth in 2018 and so on, we will also see bigger rises in the future.

I can see lot of replies with positive forecast, But most of them are based on growth in 2017. If you look in to the facts that are favorable for BTC market are positive in past 12 months. But who can expect what will happen tomorrow. coz to be more realistic, BTC market growth is depend on thousands of fact. specially political environment. With recent news some time we may expect bit different political environment which can adversely impact. Just my opinion

This year just kept upping the game each month, each week, and until recently even each day. I've said it several times before, that this really is the final threshold we are standing on, right on the brink of mass awareness. I believe there will still be years ahead of us, 2018 even, where we may experience similar price movements if not wilder patterns. But no longer the paranoia, drama and bewilderment associated with 2017's breakout. Think we should all be happy we were here for it, those who were part of it should have stories to tell.

Note that I no longer say mass adoption, because I believe this to be very different from the so-called "adoption" that we're experiencing now: mass numbers of investors who either own rights to Bitcoin or who will participate in futures tradings, none of which will ever actually own nor use Bitcoin.

YES, we could expect more years like 2017 in future of BITCOIN because still there are many people who did not get the chance to invest in BITCOIN. That's why i think there are many more years like 2017 still to come.

yes it will happen just like this year, many new investors will invest bitcoin in 2018 so I'm expecting the price will go up more because maybe bitcoin will legalize some countries in 2018.

I have the same thoughts. I never thought that bitcoin would have this kind of impact for the year 2017. The year started with only a few people knowing about bitcoin and right now, it's been blowing up the internet. I've never seen so many ads and articles about it. Also, it's been frequently in the news lately. This greatly contributed to the price increase which I never expected months before. What 2018 has in store would depend on the reaction and response of the public. The price may finally become stable or continue to rise if there is more positivity for bitcoin this upcoming year.

No, I guess next year will be for altcoins. In my observations - bitcoin surge is due to those noobs who have entered cryptocurrency without knowledge about altcoins, all they know is bitcoin rocketing to the moon and they felt the rush to ride it. As these people become interested in crypto, they would probably explore new experiences next year which may probably lead them to altcoins. Admit it, we are all like them during our first week in bitcoins...

It's nice to see that bitcoin improves a lot since the opening of 2017 till the end of 2017. It indicates that 2018 will be a huge event for bitcoin. We have to be positive that bitcoin will goes up to 40k dollars. I want also to hold bitcoin but I don't have anyone of it.

I hope in the next year bitcoin would increasingly good, I don't think too much about how much bitcoin, maybe people think price increases bitcoin continuously will damage bitcoin itself, because of lack of transaction occurs, but I think it's no effect, for traders may not menyangkan if bitcoin will be more increased