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Topic: Do we still expect a repeat of 2017 ? - page 4. (Read 829 times)

hero member
Activity: 1036
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October 30, 2019, 06:30:14 AM
#60
We can't expect bitcoin to be bullish like in 2017 till the end of the year, considering 3 months left until the beginning of 2020, bitcoin probably can reach $10,000-$12,000 according to some TA that I've seen which seems more likely to happen as bitcoin price still above $9K level.
sr. member
Activity: 1638
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October 30, 2019, 01:52:49 AM
#59
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 ?
I don’t believe in repetition in crypto movements because for me what happen this year will never happen on the following years and same as what happens this year won’t be the same that happen the past year,while I know we need to respect each other’s opinion but this will be my stand.but of course e can have a bullrun today or tomorrow and that’s part of crypto investing

Yes we can have a bull run anytime and I am not meddling my opinion over your opinion but just saying that we can expect bull run not not the similar one which we had in 2017. It will be a great news for everyone if bullrun happens but again we cannot be only dependent on bull run and lose opportunities of getting profited with these fluctuations.
full member
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October 30, 2019, 01:04:22 AM
#58
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 ?
I don’t believe in repetition in crypto movements because for me what happen this year will never happen on the following years and same as what happens this year won’t be the same that happen the past year,while I know we need to respect each other’s opinion but this will be my stand.but of course e can have a bullrun today or tomorrow and that’s part of crypto investing
hero member
Activity: 2716
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October 30, 2019, 12:34:20 AM
#57
Indeed 2017 was a golden year and I still believe that 2019 and 2020 won't bring anything special tot the crypto world besides the halv of bitcoin which is highly anticipated and a lot of people think that will trigger the bull run but I doubt it will be like that. So my prediction goes for 2021 when the real bull run will begin and we might assists as some parabolic rise of Bitcoin price...so lets wait and see what next 2 years will bring.

This is what I kept on telling to the people, the long term effect of the Bitcoin halving. 2021 is most likely to be the year for the bull. What we have right now is some sort of market manipulations.
If we look back how 2012 and 2016 Bitcoin halving affect the market, we could clearly see that, It began to make remarkable price pump after a year from the halving.
sr. member
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October 30, 2019, 12:23:55 AM
#56
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 ?

Mostly in the road are no big threat to be worried about. Everything is going well except to some hindrances. Unexpected sudden pumps been happened, China are going on its pace towards crypto currency, Venezuela government start to accept crypto most likely it would be a good start for crypto for incoming 2020. Though we aren't sure but at least we have a foundation to hold about. Nevertheless, every year is a new hope let us hope for better situation to come.
MI6
hero member
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October 29, 2019, 10:01:40 PM
#55
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 ?
I think yes, because halving is something that people wait. And about people who dissapointed last year, i think it is only matter of time. Maybe it is right they join and buy bitcoin when it is pumped. That is why sometime get FOMO is bad thing. Because once we think we lost moment, we will panic and buy in any price. And not think bitcoin price will go where.

The OP is talking about the possibility for bull run "apart" from the bullish news about the Bitcoin reward halving.
Now, If you're too optimistic for a bull run next year that couldn possibly create another ATH because of the halving, Im afraid you will get disappointed from the possible result. If you have remembered the 2012 and 2016 bitcoin halving, both have ran sideways for the whole year, the bull effect occurs after a year from the halving. What I am seeing to the market trend right now will be the same as what happened from the past halving.
Yes, but the main event about next year is only halving, at least that is what i know so far. So, bull run maybe wouldn't far from it. About trend, maybe from what i speculate is people for now it look like to know the pattern. I mean usually before big event come,  bull trend will already come because people now already prepared about it. When it is confirmed that the big event will make something good, they will start to accumulate and more demands will come.
legendary
Activity: 3360
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October 29, 2019, 08:31:28 PM
#54
Indeed 2017 was a golden year and I still believe that 2019 and 2020 won't bring anything special tot the crypto world besides the halv of bitcoin which is highly anticipated and a lot of people think that will trigger the bull run but I doubt it will be like that. So my prediction goes for 2021 when the real bull run will begin and we might assists as some parabolic rise of Bitcoin price...so lets wait and see what next 2 years will bring.
legendary
Activity: 2366
Merit: 1408
October 29, 2019, 08:14:49 PM
#53
I don't see we are anywhere near the golden year, everything is not the same anymore, now we got more coins to invest and the investors now are more aware of the market condition and seldom take a big risk anymore

that's just the market cycle. people were the same way in late 2015 and early 2016---which is a better parallel for now than 2017.

less than a year ago, we were still in the throws of a bear market. people are still licking their wounds. they're skeptical of any rally. it takes time to rebuild hype and momentum. 2020 should be a lot more interesting.

We can reach some great levels again, but I'm skeptical about that frenesi we got on 2017
At least in my country, people sold their houses and cars to invest on BTC, these people lost so much money...

We can have again but with another people or some great big investors
full member
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October 29, 2019, 06:50:47 PM
#52
I don't see we are anywhere near the golden year, everything is not the same anymore, now we got more coins to invest and the investors now are more aware of the market condition and seldom take a big risk anymore

that's just the market cycle. people were the same way in late 2015 and early 2016---which is a better parallel for now than 2017.

less than a year ago, we were still in the throws of a bear market. people are still licking their wounds. they're skeptical of any rally. it takes time to rebuild hype and momentum. 2020 should be a lot more interesting.
It will not be easy to create another hype but in year 2020 we will see that everything is possible with bitcoin. Every 3 years the price of bitcoin is getting better and hopefully it will happen again. People should be more patience because surviving from a bear market is no that easy but don’t worry we will cross that bridge soon.
hero member
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October 29, 2019, 05:49:24 PM
#51
I think we will repeat the history in the next year before or after halving, but there is no sign about when that will happen. It still a mystery to us, and we cannot predict the time except waiting for the coming. If it's coming again, I guess that bitcoin price can rise so high, and maybe it will increase more than just $20k. Right now, many people predicting that bitcoin can hit $30k and more, but that is a prediction, and we should wait for a while and be patient.
There is something we need to understand that crypto is still unpredictable. Though we could think that history repeats itself as people say but it might be a big difference in this area. Crypto is not just like a universe where planets turning around according to their own path. Definitely, we can't expect that it will happen to crypto, only it sometimes that we could be turning down and up. But if we think for another 2017, I'm still not really optimistic about that, only I could expect for $15k before and after halving.


you said that crypto is unpredictable then how you can say that you could not expect more than $15k, well if crypto is unpredictable then may be we get the same price and the same pump as we got in 2017, may be the price increase more than the price of 2017, so i think we should not lose hope, the price of bitcoin will reach very high and i very  optimistic about the price of bitcoin.
legendary
Activity: 1652
Merit: 1483
October 29, 2019, 05:36:24 PM
#50
I don't see we are anywhere near the golden year, everything is not the same anymore, now we got more coins to invest and the investors now are more aware of the market condition and seldom take a big risk anymore

that's just the market cycle. people were the same way in late 2015 and early 2016---which is a better parallel for now than 2017.

less than a year ago, we were still in the throws of a bear market. people are still licking their wounds. they're skeptical of any rally. it takes time to rebuild hype and momentum. 2020 should be a lot more interesting.
sr. member
Activity: 2436
Merit: 343
October 29, 2019, 04:33:16 PM
#49
I think we will repeat the history in the next year before or after halving, but there is no sign about when that will happen. It still a mystery to us, and we cannot predict the time except waiting for the coming. If it's coming again, I guess that bitcoin price can rise so high, and maybe it will increase more than just $20k. Right now, many people predicting that bitcoin can hit $30k and more, but that is a prediction, and we should wait for a while and be patient.
There is something we need to understand that crypto is still unpredictable. Though we could think that history repeats itself as people say but it might be a big difference in this area. Crypto is not just like a universe where planets turning around according to their own path. Definitely, we can't expect that it will happen to crypto, only it sometimes that we could be turning down and up. But if we think for another 2017, I'm still not really optimistic about that, only I could expect for $15k before and after halving.
legendary
Activity: 1596
Merit: 1034
October 29, 2019, 12:33:02 PM
#48
we have been seeing the same patterns of rise, rise, rise then fall repeated for over a decade now so it is not the farthest idea to expect it to be repeated again and again in the future for another decade too.

on top of that the market is building up and moving in a very similar fashion so far which can only suggest that we are indeed in the same patterns. right now it is similar to 2016, 2012 and possibly more matches in the past. and that makes 2020 a similar year to 2017 with big rises starting slow at first and speed up to end up in another bubble probably this time at $100k+
just make sure when it happened , you are not buying bitcoin at the very top.

2020 seems a realistic target to see another all time high broken along with the halving and some other events ahead like libra project , it is the most awaited digital money project as i don't want to call it crypto because it is really not.
for now you need to chill a little bit , there will be a swing often until the end of this year.
make money through that situation while waiting the new all time high recorded, we don't want to repeat what was happened in 2017, we want more.

the cryptocurrency space growth these days is promising a wide adoption which means the demand for bitcoin supposed to be increased too, this is the most simple logic and acceptable for sure for every crypto dreamers here.
legendary
Activity: 3752
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October 29, 2019, 11:56:55 AM
#47
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 ?

For one I dont think and broad market environment will be exactly repeated from one year or time period to another.  It would be naive to believe there are rounds 2s, rounds 3s, etc.  Each rise and fall will be unique for that time period.  So to answer your question "is there any concrete proof" you can stop right there, the answer is always NO, if someone claims otherwise they are probably trying to scam you somehow.
sr. member
Activity: 1274
Merit: 293
October 29, 2019, 11:42:36 AM
#46
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 ?

There is nothing unusual right now happening in bitcoin. There is no big threat though. Often I read about good news well, there is some bad news but I don't think of it something that has huge effect in the community, so it all going well around pumps are going in and sometimes decreasing and usually stick to a such price at the time. So as long as there always a progress, improvements, innovations, and adoptions coming around there is nothing need to be worried about and that is why I expect that it is still possible to happen what did occur way back in 2017.
hero member
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October 29, 2019, 11:38:21 AM
#45
I think we will repeat the history in the next year before or after halving, but there is no sign about when that will happen. It still a mystery to us, and we cannot predict the time except waiting for the coming. If it's coming again, I guess that bitcoin price can rise so high, and maybe it will increase more than just $20k. Right now, many people predicting that bitcoin can hit $30k and more, but that is a prediction, and we should wait for a while and be patient.
hero member
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October 29, 2019, 11:14:01 AM
#44
I am not entirely sure if it would be a "repeat of 2017" the way you think it will be but I do expect a repeat of 2017. The repeat I am talking about is the time bitcoin broke over $1k in 2017 not the $20k. Now, people remember the $20k when they talk about the 2017 but the reality is back in 2014 bitcoin was around 1400 before it fell and never seen anything above after that until 2017, in 2017 the price passed the $1.4k nonchalantly like it was nothing, it wasn't a sudden increase, it wasn't some bull hype run, it was like "we expected for a long time" type of slow increases over periods of months that eventually led to bitcoin being above $1.4k.

Now, that was how the previous ATH was broken, after that we went as high as $20k of course but I feel like next time we go over $20k it will be like that, not a huge increase of %300 suddenly, it would be months of going up and up and up and eventually going above it one day.

Yeah people should more patient, the all time high price in 2017 is also the result of a long wait since price crashed in 2014.
So if we even reach the all time high price this year, we should be more patient and wait for the upcoming bull run, because one thing that i trust, bitcoin demand will explode in the future and the price will be more than 50k eventhough we don't know the exact time when this will happen
I think for next halving, a lot of people already sure it can be pumped. So it is on other people's decision want to keep believe with bitcoin or not. If me i will stay to hold bitcoin no matter what will happen before halving. Maybe with this, word about who be patient is the winner will really happen.
hero member
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October 29, 2019, 10:26:00 AM
#43
Just expect that more positive things will happen on Bitcoin and forget about the timeline of when the new ATH will happen because I'm pretty sure that no one can accurately point it out since the market is very unpredictable, let's just hope that Bitcoin become more popular globally so that the next generation will also benefits from the usefulness of its technology.
legendary
Activity: 2128
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October 29, 2019, 10:20:00 AM
#42
we have been seeing the same patterns of rise, rise, rise then fall repeated for over a decade now so it is not the farthest idea to expect it to be repeated again and again in the future for another decade too.

on top of that the market is building up and moving in a very similar fashion so far which can only suggest that we are indeed in the same patterns. right now it is similar to 2016, 2012 and possibly more matches in the past. and that makes 2020 a similar year to 2017 with big rises starting slow at first and speed up to end up in another bubble probably this time at $100k+
sr. member
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October 29, 2019, 10:19:01 AM
#41
The year 2017 was a golden year for bitcoin wherein it got global attention after the crazy pump in it's value but are we still expecting a repeat of 2017 for the end of 2019 or beginning of 2020 ? Do we have any concrete proof that we will experience bull run apart from the bitcoin halving ? We expected the same last year but ended up in disappointment and will it be wise to expect the same or we can expect a decent pump if not multi fold increase in the value of bitcoin and altcoin ?
It might repeat again and as you can see the year 2016 is the year of bitcoin halving and later on in the year 2017 is the year where the price of bitcoin hit the price of 20,000$ so basically, in the coming year 2020 where there is a new bitcoin halving we might expect that in next coming year which 2021 we might see a new bull run then bitcoin will have a chance to hit new all-time high price and at the same time the altcoin will also pump.
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