Do we still expect a repeat of 2017 ?

Wysi

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Quote from: wildan88 on November 09, 2019, 02:56:00 AM

Quote from: LouVandetta on November 09, 2019, 01:13:40 AM

Quote from: BitcoinHunt3r on November 04, 2019, 03:15:29 AM

I really have high expectation for next halving. Because i don't have anything else to guess bitcoin price will increased soon. But if it not like my expectation, it is ok then. About bull trend is apart from halving, i don't think it can possibly happen because need big event to make bitcoin price increased. And the only way for now or maybe at least thing that people can imagine is halving.

Indeed, halving could be the answer we're looking for all along. But anything could happen.
No one knows that when that happens we will see another bull run, but that's what people were hoping for to happen.
The past year we've been in a pretty bad condition and markets included. So I don't know what to hope anymore. And 2019 is a bit better.
Will 2017 repeat its history? Or will we going through another disappoinment? 2020 is nearly there.

Throughout 2019 there was no significant increase, I'm sure in 2020 there will be a pretty good movement in prices, especially the hype in 2020 is so big. many crypto influencers predict that in 2020 the price of bitcoin will increase higher, especially in 2020 halving will occur and yeah I also expect the same thing as 2017 which previously increased higher after halving.

Yes some really positive predictions and bitcoin halving are two primary reason we might most of us are awaiting for, I am sure after there will be some positive changes in the market. Next six months will be very interesting as this six month will pave path for further bullish or bearish market and I think there will be too many temporary fluctuations on the way until halving.

lienfaye

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Quote from: Wysi on October 28, 2019, 04:12:08 PM

The year 2017 was a golden year for bitcoin wherein it got global attention after the crazy pump in it's value but are we still expecting a repeat of 2017 for the end of 2019 or beginning of 2020 ? Do we have any concrete proof that we will experience bull run apart from the bitcoin halving ? We expected the same last year but ended up in disappointment and will it be wise to expect the same or we can expect a decent pump if not multi fold increase in the value of bitcoin and altcoin ?

They say history will repeat itself thus I believe bull run can happen without specific time frame it can take even years from now. We anticipate every end of the year is going to be good like what happened last 2017 and because we are in 4th quarter already many investors think of this possibility. However I doubt there's a bull run for this year (though its not impossible due to high volatile market) halving next year can trigger a bull run and thats what I look forward.

wildan88

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Quote from: LouVandetta on November 09, 2019, 01:13:40 AM

Quote from: BitcoinHunt3r on November 04, 2019, 03:15:29 AM

I really have high expectation for next halving. Because i don't have anything else to guess bitcoin price will increased soon. But if it not like my expectation, it is ok then. About bull trend is apart from halving, i don't think it can possibly happen because need big event to make bitcoin price increased. And the only way for now or maybe at least thing that people can imagine is halving.

Indeed, halving could be the answer we're looking for all along. But anything could happen.
No one knows that when that happens we will see another bull run, but that's what people were hoping for to happen.
The past year we've been in a pretty bad condition and markets included. So I don't know what to hope anymore. And 2019 is a bit better.
Will 2017 repeat its history? Or will we going through another disappoinment? 2020 is nearly there.

Throughout 2019 there was no significant increase, I'm sure in 2020 there will be a pretty good movement in prices, especially the hype in 2020 is so big. many crypto influencers predict that in 2020 the price of bitcoin will increase higher, especially in 2020 halving will occur and yeah I also expect the same thing as 2017 which previously increased higher after halving.

LouVandetta

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Quote from: BitcoinHunt3r on November 04, 2019, 03:15:29 AM

I really have high expectation for next halving. Because i don't have anything else to guess bitcoin price will increased soon. But if it not like my expectation, it is ok then. About bull trend is apart from halving, i don't think it can possibly happen because need big event to make bitcoin price increased. And the only way for now or maybe at least thing that people can imagine is halving.

Indeed, halving could be the answer we're looking for all along. But anything could happen.
No one knows that when that happens we will see another bull run, but that's what people were hoping for to happen.
The past year we've been in a pretty bad condition and markets included. So I don't know what to hope anymore. And 2019 is a bit better.
Will 2017 repeat its history? Or will we going through another disappoinment? 2020 is nearly there.

drachman

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Quote from: Kasabus on November 05, 2019, 07:02:35 PM

Quote from: barabarian1 on November 04, 2019, 03:51:36 AM

of course, I also still hope that bitcoin goes up like 2017. But I can't predict when it will happen because bitcoin is very volatile. I'm not sure bitcoin will be bullrun by the end of this year. I predict the bullrun will occur in 2020 after bitcoin halving day. therefore what I do for now is hold it in and wait until 2020.

We failed this year, we will have to think of the other year, probably next year if the halving would bring positive things in the market.
People will just invest again once the rally starts because there still a lot of people which will again FOMO when everything is pumping, especially the altcoins.

Last 2017, the most profitable were the altcoins, so at this very cheap price now of altcoins, it will result to major profit once a bull run happens.
Don't loss hope, keep the faith because crypto is here to stay, bull run will just just only come at the right timing.

Many seem to be expecting the halving will increase the price almost immediately and that is not the way things happen, the last halving was in 2016 and the price did not went up until 2017, this is why I am predicting the next bubble will not appear until 2021 or 2022 at the latest, what we saw now was nothing but a simple correction since the price was too low for too long and smart investors took advantage of it, and I believe 2020 will be a slow but profitable year for altcoins.

Kasabus

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Quote from: barabarian1 on November 04, 2019, 03:51:36 AM

of course, I also still hope that bitcoin goes up like 2017. But I can't predict when it will happen because bitcoin is very volatile. I'm not sure bitcoin will be bullrun by the end of this year. I predict the bullrun will occur in 2020 after bitcoin halving day. therefore what I do for now is hold it in and wait until 2020.

We failed this year, we will have to think of the other year, probably next year if the halving would bring positive things in the market.
People will just invest again once the rally starts because there still a lot of people which will again FOMO when everything is pumping, especially the altcoins.

Last 2017, the most profitable were the altcoins, so at this very cheap price now of altcoins, it will result to major profit once a bull run happens.
Don't loss hope, keep the faith because crypto is here to stay, bull run will just just only come at the right timing.

Hypnosis00

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Quote from: kapalmabur on November 03, 2019, 10:26:36 PM

Quote from: Hypnosis00 on November 03, 2019, 07:33:27 PM

Quote from: Darooghe on November 03, 2019, 11:41:29 AM

No one can really give you a certain answer to this question, but a lot yes. It’s increasingly looking likely. I have always been a pioneer that we will see a slower approach on the way to the highs of 2017, but the price movement of late has been somewhat fast. the price of Bitcoin will continue to rise indefinitely. Unlike fiat currency, the Bitcoin supply is controlled and deflationary in nature. The technology is catching on more and more as awareness increases. No one can predict price movements with absolute certainty, but I will not be surprised if we hit the $50,000 per bitcoin level by 2020-2021.

No worry mate, as this question is always answerable by no, not sure or it may be...It sounds like we don't have any assurance for a big bounce-back of prices. If we look into the current situation right now, we can certainly figure out that it will be difficult to make another jump. yes, it can be possible to have some pumps but not actually be the same as what we experience last 2017 bullish. I know it gives us disappointment but much better if we accept the fact and market reality.

Bitcoin dominance is already very high at 67.4% sources from Coinmarketcap, we can compare it in 2017 Bitcoin dominance is 58%,
and the price of Bitcoin breaks above $ 16000, in 2019 this Bitcoin is only able to go up to $ 12000, that's not bad,
why is bitcoin can't go up to over $ 16,000? in my opinion this is because the marketcap cannot penetrate the same in 2017, if the dominance of bitcoin falls below 50%, then the bull for bitcoin seems to have finished Wink

It is definitely not bad. The price still rallying good and not even jumping straight down just like what happens after the bull run last 2017. It is quite good enough to think that Bitcoin is in the high level of potentiality, price isn't melting hard which helps altcoins to stay at high. Though not all of them stays to that level but it manages some of them to keep in the race.

barabarian1

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of course, I also still hope that bitcoin goes up like 2017. But I can't predict when it will happen because bitcoin is very volatile. I'm not sure bitcoin will be bullrun by the end of this year. I predict the bullrun will occur in 2020 after bitcoin halving day. therefore what I do for now is hold it in and wait until 2020.

BitcoinHunt3r

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I really have high expectation for next halving. Because i don't have anything else to guess bitcoin price will increased soon. But if it not like my expectation, it is ok then. About bull trend is apart from halving, i don't think it can possibly happen because need big event to make bitcoin price increased. And the only way for now or maybe at least thing that people can imagine is halving.

kapalmabur

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Quote from: Hypnosis00 on November 03, 2019, 07:33:27 PM

Quote from: Darooghe on November 03, 2019, 11:41:29 AM

No one can really give you a certain answer to this question, but a lot yes. It’s increasingly looking likely. I have always been a pioneer that we will see a slower approach on the way to the highs of 2017, but the price movement of late has been somewhat fast. the price of Bitcoin will continue to rise indefinitely. Unlike fiat currency, the Bitcoin supply is controlled and deflationary in nature. The technology is catching on more and more as awareness increases. No one can predict price movements with absolute certainty, but I will not be surprised if we hit the $50,000 per bitcoin level by 2020-2021.

No worry mate, as this question is always answerable by no, not sure or it may be...It sounds like we don't have any assurance for a big bounce-back of prices. If we look into the current situation right now, we can certainly figure out that it will be difficult to make another jump. yes, it can be possible to have some pumps but not actually be the same as what we experience last 2017 bullish. I know it gives us disappointment but much better if we accept the fact and market reality.

Bitcoin dominance is already very high at 67.4% sources from Coinmarketcap, we can compare it in 2017 Bitcoin dominance is 58%,
and the price of Bitcoin breaks above $ 16000, in 2019 this Bitcoin is only able to go up to $ 12000, that's not bad,
why is bitcoin can't go up to over $ 16,000? in my opinion this is because the marketcap cannot penetrate the same in 2017, if the dominance of bitcoin falls below 50%, then the bull for bitcoin seems to have finished Wink

Hypnosis00

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Quote from: Darooghe on November 03, 2019, 11:41:29 AM

No one can really give you a certain answer to this question, but a lot yes. It’s increasingly looking likely. I have always been a pioneer that we will see a slower approach on the way to the highs of 2017, but the price movement of late has been somewhat fast. the price of Bitcoin will continue to rise indefinitely. Unlike fiat currency, the Bitcoin supply is controlled and deflationary in nature. The technology is catching on more and more as awareness increases. No one can predict price movements with absolute certainty, but I will not be surprised if we hit the $50,000 per bitcoin level by 2020-2021.

No worry mate, as this question is always answerable by no, not sure or it may be...It sounds like we don't have any assurance for a big bounce-back of prices. If we look into the current situation right now, we can certainly figure out that it will be difficult to make another jump. yes, it can be possible to have some pumps but not actually be the same as what we experience last 2017 bullish. I know it gives us disappointment but much better if we accept the fact and market reality.

enhu

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Quote from: drachman on November 03, 2019, 02:36:27 PM

Quote from: justdimin on November 01, 2019, 12:00:25 PM

Not only 2017 but we are going through the whole cycle of 2013-2014-2015-2016-2017 in general.

Looking back we can see that in 2013 the price went up a bit but not too much, in 2014 it went up super high, in 2015 it went down and didn't go up too much, in 2016 it went up a bit but not too much, in 2017 it went up super high, in 2018 it went down a lot didn't go up, in 2019 it went up a bit but not too much so from the same cycle as you can see the increases in 2014 and in 2017 could be same for 2020 as well, same happens all the time, hell I can even see the future where in 2021 it will go down a lot and won't go up, in 2022 it will go up a bit and in 2023 it will go up a lot, same thing over and over again. We will see in 2020 if that's the case or if I am wrong.

This is an interesting cyclical view of the market but even if it does not become true it is still a useful guide, there are many that are expecting this year to have an end similar to what we saw in 2017 and to me this is too soon, I have always thought that in order to see something similar to what happened in 2017 we will need to wait at least until 2020 with 2022 being the latest I think we should wait, but if you are a long term holder all of this does not matter as you will get your profits anyway.

Its going to happen when people least expect it so if they are speculating it this 2020-2022, it ma not really happen. But probably because of halving the price will still go up to about $15k. Whatever happens, we still have to wait even if it happens on 2022. There would have to be a good event besides halving that would come for the price to be pushed to start a bullrun. The Chinese coin is probably going to help to spike price when its finally release.

coolcoinz

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I expect it to happen because of the 200 WMA that is this long term trendline that Bitcoin is following. It supported us at 3k USD and I doubt we will ever break it as long as fundamentals remain strong. This means that we won't fall below 5000 dollars again. If you did not buy when you had a chance this train has left the station and it's not coming back.
Will we repeat 2017? Yes, but the question is when. At this rate we will keep setting higher lows for the next few months and at some point it will lead to another rally. It can happen next year or maybe in 2 years, but the price is always drawn to the previous top. We've only been at 20k once and I'm sure we will go there again, even if only to retest it and mark it as a strong resistance.

drachman

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Quote from: justdimin on November 01, 2019, 12:00:25 PM

Not only 2017 but we are going through the whole cycle of 2013-2014-2015-2016-2017 in general.

Looking back we can see that in 2013 the price went up a bit but not too much, in 2014 it went up super high, in 2015 it went down and didn't go up too much, in 2016 it went up a bit but not too much, in 2017 it went up super high, in 2018 it went down a lot didn't go up, in 2019 it went up a bit but not too much so from the same cycle as you can see the increases in 2014 and in 2017 could be same for 2020 as well, same happens all the time, hell I can even see the future where in 2021 it will go down a lot and won't go up, in 2022 it will go up a bit and in 2023 it will go up a lot, same thing over and over again. We will see in 2020 if that's the case or if I am wrong.

This is an interesting cyclical view of the market but even if it does not become true it is still a useful guide, there are many that are expecting this year to have an end similar to what we saw in 2017 and to me this is too soon, I have always thought that in order to see something similar to what happened in 2017 we will need to wait at least until 2020 with 2022 being the latest I think we should wait, but if you are a long term holder all of this does not matter as you will get your profits anyway.

Darooghe

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No one can really give you a certain answer to this question, but a lot yes. It’s increasingly looking likely. I have always been a pioneer that we will see a slower approach on the way to the highs of 2017, but the price movement of late has been somewhat fast. the price of Bitcoin will continue to rise indefinitely. Unlike fiat currency, the Bitcoin supply is controlled and deflationary in nature. The technology is catching on more and more as awareness increases. No one can predict price movements with absolute certainty, but I will not be surprised if we hit the $50,000 per bitcoin level by 2020-2021.

Renampun

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of course, all of us are definitely hoping for 2017 to be repeated
I still remember being able to make hundreds of dollars from crypto because of the very high bullish market
I hope that time will repeat again.

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Quote from: Wysi on October 28, 2019, 04:12:08 PM

The year 2017 was a golden year for bitcoin wherein it got global attention after the crazy pump in it's value but are we still expecting a repeat of 2017 for the end of 2019 or beginning of 2020 ? Do we have any concrete proof that we will experience bull run apart from the bitcoin halving ? We expected the same last year but ended up in disappointment and will it be wise to expect the same or we can expect a decent pump if not multi fold increase in the value of bitcoin and altcoin ?

We will definitely see Bitcoin as what it look like before 2017 or even more greater however, there no precise time when we will see it again. Bitcoin especially Blockchain is now being acknowledge by government, for instance, the president of China had a speech about promulgation of Blockchain technology. This acknowledgement will be capture more investors that would create a big impact in the fluctuations of cryptocurrencies.

senne

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Quote from: Wysi on October 28, 2019, 04:12:08 PM

The year 2017 was a golden year for bitcoin wherein it got global attention after the crazy pump in it's value but are we still expecting a repeat of 2017 for the end of 2019 or beginning of 2020 ? Do we have any concrete proof that we will experience bull run apart from the bitcoin halving ? We expected the same last year but ended up in disappointment and will it be wise to expect the same or we can expect a decent pump if not multi fold increase in the value of bitcoin and altcoin ?

2017 bull run was a new thing to the crypto market. No one expected anything of that sort which was the reason of its success. People didn't when to sell. They kept on hodling which gave incentive to exchanges and the whales to manipulate the price more. This created an euphoria. Many people fell prey and then price starting plummeting and then we saw 2018 bear phase.
I doubt such thing gonna happen now. As people are prepared this time. If you have noticed, altcoin market is losing grip whereas in last bull run of 2017, altcoins contributed a big part.

palle11

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Quote from: justdimin on November 01, 2019, 12:00:25 PM

Not only 2017 but we are going through the whole cycle of 2013-2014-2015-2016-2017 in general.

Looking back we can see that in 2013 the price went up a bit but not too much, in 2014 it went up super high, in 2015 it went down and didn't go up too much, in 2016 it went up a bit but not too much, in 2017 it went up super high, in 2018 it went down a lot didn't go up, in 2019 it went up a bit but not too much so from the same cycle as you can see the increases in 2014 and in 2017 could be same for 2020 as well, same happens all the time, hell I can even see the future where in 2021 it will go down a lot and won't go up, in 2022 it will go up a bit and in 2023 it will go up a lot, same thing over and over again. We will see in 2020 if that's the case or if I am wrong.

I only see something positive for price happening in 2020 among the fact that in 2018 and 2019, has been downside for bitcoin. In 2020, we are likely to see a need generation of adopters just as we saw in 2018 after the ATH but unfortunately, the price dropped till now but I'm kind of optimistic we are going bull after this year.

justdimin

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Not only 2017 but we are going through the whole cycle of 2013-2014-2015-2016-2017 in general.

Looking back we can see that in 2013 the price went up a bit but not too much, in 2014 it went up super high, in 2015 it went down and didn't go up too much, in 2016 it went up a bit but not too much, in 2017 it went up super high, in 2018 it went down a lot didn't go up, in 2019 it went up a bit but not too much so from the same cycle as you can see the increases in 2014 and in 2017 could be same for 2020 as well, same happens all the time, hell I can even see the future where in 2021 it will go down a lot and won't go up, in 2022 it will go up a bit and in 2023 it will go up a lot, same thing over and over again. We will see in 2020 if that's the case or if I am wrong.

Topic: Do we still expect a repeat of 2017 ? (Read 788 times)