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Topic: I think we have to see 35000 usd in 2018 according to this table - page 2. (Read 326 times)

legendary
Activity: 4410
Merit: 4766
OP
best thing to do is not grab random amount..
instead split the chart into 6 monthly segments and then grab the ALL TIME LOW of each period. then draw a line. and you will see its always in a upward trend.

grabbing highs are just speculation/volatility. but the lows have more meaning in regards to where people find true value that they refuse to sell below
full member
Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
That's hard to believe since Bitcoin is naturally volatile and it also means that things are more likely to go opposite to the plans or predictions. The market statistics of Bitcoin and most of the cryptos are way unpredictable since changes in a sudden are happening a lot. I am not saying that it is not possible for Bitcoin to reach that value buy maybe,it won't be this year given that the market price of it at this moment is continuously falling.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Not because the price multiplied 2x, 3x, 4x, ...etc etc almost every year it doesn't automatically mean it will happen again. This is probably the worst way I've seen people make predictions based on past data. Take note there was a time whereas bitcoin was stagnant for some time. Who's to say a similar price movement will happen this year?

Though take note that $35k is possible. But $1k is also possible. Bitcoin isn't a get-rich-quick scheme.
member
Activity: 344
Merit: 11
Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
can not know before the future. The price of bitcoin is up to 35k, which is a huge figure. I think bitcoin will not be able to hit 35k
full member
Activity: 490
Merit: 106
Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
This can't prove anything, and wait I think you are missing something here, where is the price four years ago with the same day (2014/03/31)? where the price of Bitcoin is $476, this means that after a year the price didn't go up and dropped to $243 (2015/03/31). So how will you explain that? You also said that Bitcoin price will go up to $35000 this year but what is your basis and proof that it will reach that price range? being positive that Bitcoin will recover and will hit a new high is not bad but making statements like this is not needed (especially if you cannot prove it) just to make people think that they should invest or just hodl their Bitcoins.
hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
A year is a completely arbitrary length of time in this case.  You could equally have done this every few months and claimed that based on the movement of the last few months, it'll go down to around 1-2 thousand dollars.

Patterns which you observe do not have an effect on the price and are not an accurate way of judging what the price will be.

I really hope you're not investing based on this.

hero member
Activity: 994
Merit: 544
That is possible at the end of the year. There are also some predictions being made by and ADAC head personnel that bitcoin could reach up to 50k dollars this year or should I say at the end of the year. But everything seems blurry though it is possible I wonder it we could really hit that value this year. But I am hoping that we can reach it.
jr. member
Activity: 182
Merit: 2
Cryptocurrency investment has never been stable, in the past there has been a lot of downturns like this, even more pathetic, but then also recovered and set a new peak, but will need time . Therefore, once you stick to this market, you need to determine long-term investment, maintain the psychological, then will also recover and increase again.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
I think it's perfectly possible that every bull market will break new heights, so I think this year will be the next bull market.
So what we need to do is hold.
member
Activity: 672
Merit: 12
Law of physics, mathematics, geometry, statistics  or algebra does not apply here where we can definitely say 2+2= 4.  Psychological, sentimental, speculative activities affect the price fluctuation of the market.  Demand and supply is the major reason behind price rise or fall.
So can't say anything will happen in future but definitely bitcoin will never be dead.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
We can not guarantee this, Because many events will happen that we do not expect. The good do just now is to hold until the rise in price of Bitcoins.
full member
Activity: 238
Merit: 109
Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?

I also have Eiffeltower you can buy cheaply
jr. member
Activity: 40
Merit: 1
Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
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