is 2017 the new 2013? - page 2. | Bitcointalksearch.org

Janation

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Quote from: mastrox92 on June 29, 2017, 11:20:46 AM

Nope,
2017 ≠ 2013

BTC Bitcoin price has its own wild road Grin

-market demand and supply
-Bitcoins and Bitcoin holders
...

2017 is not really 2013, we all know that. Bitcoin is not the same as 2013 where bitcoin has the biggest bubble pop in the history of bitcoin. Though I am not sure if it is really a bubble, but we all know how bitcoin dump that time about Mt. Gox. The users of bitcoin is now rocketing and many still are planning to invest on these digital currency and many countries are also planning to legalize this currency.

azguard

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Quote from: bit1 on June 29, 2017, 11:07:31 PM

Well I think the subject say that because rising price, despite growth in 2013 was much greater if we consider that at one point it reached almost 10x the price fell again in the subsequent 3 years considerably, until reaching the maximum price again, the same reached in 2013, Now in this occasion ie 2017 or the first half of this year rather, having said that, The growth rate has not been so great yet, Thus without taking other factors and so far this year, 2017 is not the new 2013, 2013 was a thing totally different.

True, never the less this year is far from over. Price is bigger then it was in 2013 but not in that range like you mentioned. Still we have to see how will segwit be at August 1st, will this be just another false alarm or it will boost price up and create bubble. So far what i have read opinions are divided and we might experience later this improvement in bitcoin price maybe even in next year.

ASHLIUSZ

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Quote from: serjent05 on June 29, 2017, 01:47:17 PM

I do not think that 2017 is the new 2013 for the reason that the situation is very different. There is already several countries that acknowledge bitcoin as money and some even accept that bitcoin is money and can be use to purchase stuff. Aside from the the user base today is different than that 2013. And people are more knowledgeable today than way back 2013. Aside from that, there are already major company that is involved in bitcoin that brings more demand to it.

Compared to 2013 the growth is very big with bitcoin, starting from individual adoption to large scale adoption has lead to big investment flow into the network. So a better growth has been continuing, some relate the 2017 price pumping to the 2013's which is unfair. Because the scenario is different here, if that's the case now we could have been trailing on the edges of $1000.

bit1

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Well I think the subject say that because rising price, despite growth in 2013 was much greater if we consider that at one point it reached almost 10x the price fell again in the subsequent 3 years considerably, until reaching the maximum price again, the same reached in 2013, Now in this occasion ie 2017 or the first half of this year rather, having said that, The growth rate has not been so great yet, Thus without taking other factors and so far this year, 2017 is not the new 2013, 2013 was a thing totally different.

serjent05

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I do not think that 2017 is the new 2013 for the reason that the situation is very different. There is already several countries that acknowledge bitcoin as money and some even accept that bitcoin is money and can be use to purchase stuff. Aside from the the user base today is different than that 2013. And people are more knowledgeable today than way back 2013. Aside from that, there are already major company that is involved in bitcoin that brings more demand to it.

Epimetheus

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Quote from: iv4n on June 29, 2017, 08:25:08 AM

What is the story behind price rise then and now? Look at the news that followed price rise, and this year is definitely something new for bitcoin, from acceptance in couple big countries, segwit for one month, newcomers, take a look on other alts that are pushing they way trough, many things inflicted on price rise and I feel that price can even go higher before the end of this year, that explain my standing in this question, for me probabilities for some big drops in future are less then 10%.

What..... Segwit for one month? Huh

I thought that it would be activated forever once it gets activated on !st of August.

mastrox92

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Nope,
2017 ≠ 2013

BTC Bitcoin price has its own wild road Grin

-market demand and supply
-Bitcoins and Bitcoin holders
...

iv4n

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What is the story behind price rise then and now? Look at the news that followed price rise, and this year is definitely something new for bitcoin, from acceptance in couple big countries, segwit for one month, newcomers, take a look on other alts that are pushing they way trough, many things inflicted on price rise and I feel that price can even go higher before the end of this year, that explain my standing in this question, for me probabilities for some big drops in future are less then 10%.

LostWords

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Quote from: itsallpc on June 29, 2017, 07:33:54 AM

Quote from: 600watt on January 02, 2017, 06:32:36 AM

what do think 2017 will bring? double peak like 2013? pain and tears like 2014? what is the sentiment?

2017 is entirely different from 2014.At that time,user base was very less for bitcoin.But now,bitcoin has adopters all over the world.And also no Mt.gox has happened.Even though persons like Roger ver try to destroy bitcoin for their benefits,still bitcoin has huge community support and bitcoin rally would continue.

And where do you think this rally will end? People say 10.000 USD per Bitcoin...that sounds like crazy high compared to what it is now, dont you think? I am curious to see whaat will happen.

Slark

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Quote from: itsallpc on June 29, 2017, 07:33:54 AM

Quote from: 600watt on January 02, 2017, 06:32:36 AM

what do think 2017 will bring? double peak like 2013? pain and tears like 2014? what is the sentiment?

2017 is entirely different from 2014.At that time,user base was very less for bitcoin.But now,bitcoin has adopters all over the world.And also no Mt.gox has happened.Even though persons like Roger ver try to destroy bitcoin for their benefits,still bitcoin has huge community support and bitcoin rally would continue.

There is still possibility that we will see some other exchange collapsing. Poloniex is rumored to has some problems, they even removed troll box recently.
It is never a good sign when communication channels are boing closed. I would say that overal bitcoin is on a good path, scaling consensus seems to be working good.
And we can't forget that adoption and legalisation is much more evident that in 2013 - Bitcoin is not pure speculative bubble anymore.

itsallpc

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Quote from: 600watt on January 02, 2017, 06:32:36 AM

what do think 2017 will bring? double peak like 2013? pain and tears like 2014? what is the sentiment?

2017 is entirely different from 2014.At that time,user base was very less for bitcoin.But now,bitcoin has adopters all over the world.And also no Mt.gox has happened.Even though persons like Roger ver try to destroy bitcoin for their benefits,still bitcoin has huge community support and bitcoin rally would continue.

Jistlad

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Quote from: lumeire on June 10, 2017, 05:53:52 AM

Quote from: freedomno1 on June 10, 2017, 04:03:04 AM

Quote from: 600watt on January 02, 2017, 06:32:36 AM

what do think 2017 will bring? double peak like 2013? pain and tears like 2014? what is the sentiment?

Looking at the year so far it is smoking the 2013 market and it is also showing a similar price pattern only over a longer duration of time, at this time my sentiment remains very bullish with demand far exceeding supply people ignoring the fork and going on pure hold play and altcoins seeing a renewed interest that has now exceeded expectations and what we have seen before. I remain bullish in June.

Honestly I didn't expect the prices to reach such an ATH so soon, just when the block size debate seems to be taking forever. I just hope the market can sustain itself.

The block size debate will not take long. It will give us clear indication before 1 August.

lumeire

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Quote from: freedomno1 on June 10, 2017, 04:03:04 AM

Quote from: 600watt on January 02, 2017, 06:32:36 AM

what do think 2017 will bring? double peak like 2013? pain and tears like 2014? what is the sentiment?

Looking at the year so far it is smoking the 2013 market and it is also showing a similar price pattern only over a longer duration of time, at this time my sentiment remains very bullish with demand far exceeding supply people ignoring the fork and going on pure hold play and altcoins seeing a renewed interest that has now exceeded expectations and what we have seen before. I remain bullish in June.

Honestly I didn't expect the prices to reach such an ATH so soon, just when the block size debate seems to be taking forever. I just hope the market can sustain itself.

freedomno1

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Quote from: 600watt on January 02, 2017, 06:32:36 AM

what do think 2017 will bring? double peak like 2013? pain and tears like 2014? what is the sentiment?

Looking at the year so far it is smoking the 2013 market and it is also showing a similar price pattern only over a longer duration of time, at this time my sentiment remains very bullish with demand far exceeding supply people ignoring the fork and going on pure hold play and altcoins seeing a renewed interest that has now exceeded expectations and what we have seen before. I remain bullish in June.

Jherek

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Quote from: 600watt on June 06, 2017, 04:42:15 AM

if we are in a new 2013 mode, this is the first run-up to $ 260. we went over 100, but not over 150 yet. march/april 2013... Cool

Agreed. The thing is that the pumps are prolonged and much more sustained which means generally a lot healthier growth than the obvious pump and dump in 2013. If you haven't noticed the price tripled through 5 months, compared to 2013's huge ass bubble in which bitcoin price shot up to $1300 each in a week and then corrected to $500 a or two after.

Is this going to be the only year that bitcoin has this sort of returns? I don't think so.

I think that the trend is that every year after the halving is a good year for bitcoin while the years in between two halvings are the best time to buy in as things can get a bit boring.

Dimelord

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2013 was called as the year of bitcoin.It was the year when single bitcoin hit all time high price of $1242 in Mt.Gox and followed a sudden fall in price to $961.In the year 2014,Mt.gox got collapsed.
But now the situation is entirely different.Mass adoption of bitcoin is taking place.In 2013,price increase was completely due to manipulation.But now,since bitcoin has got investors world wide,it is not manipulated and bitcoin expresses its real value.Just like 2013 and 2014 recalled in history for important turning points in bitcoin,year 2017 would also be called as golden era of bitcoin.

raymond541

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I don't think 2017 will bring back 2013.this time bitcoin price increase and it has real cause. price is now stable and I am expecting bitcoin price will increased more.many people now involved with bitcoin and they believe in bitcoin.2013 was humor people think bitcoin will die anytime.you see bitcoin was back next 2 years and now price is double. Grin

Tegula

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It does depend of what is specifical from 2013. For me it is that it went to the sky before crashing after Mt Gox closed. For me, considering Bitcoin is way more established, this is something that will not happen.

600watt

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if we are in a new 2013 mode, this is the first run-up to $ 260. we went over 100, but not over 150 yet. march/april 2013... Cool

Vika0170

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I think that there is no longer a threat of falling. Everyone expected a collapse after the price had risen to 2700 dollars.
When the collapse began, some were confident that the price would drop to $ 500. But this did not happen for the reason that bitcoin became more stable. Very large capitals are invested in it. Now the collapse is impossible

Topic: is 2017 the new 2013? - page 2. (Read 7101 times)