is 2017 the new 2013? - page 3. | Bitcointalksearch.org

Baofeng

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Quote from: Hazir on June 05, 2017, 07:33:59 AM

Some major differences between market situation 2013 and 2017:

1. Bitcoin awareness and adoption grew since 2013, pride is not an effect of speculation and bots.
2. Bitcoin is important for the world and investors start to recognize bitcoin's strength.
3. Bitcoin became alternative economy asset recognized by the whole world.

4. Bitcoin now has a backup of a nation now. Japan.
5. Bitcoin price is still speculation, but with a country behind it price looks strong.
6. Bitcoin is not a bubble, as investors see it a haven for safe investment.
7. Bitcoin FUD is now prevalent as compare to 2017.

Hazir

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Some major differences between market situation 2013 and 2017:

1. Bitcoin awareness and adoption grew since 2013, pride is not an effect of speculation and bots.
2. Bitcoin is important for the world and investors start to recognize bitcoin's strength.
3. Bitcoin became alternative economy asset recognized by the whole world.

jerowacik

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Quote from: ASHLIUSZ on June 05, 2017, 04:49:38 AM

During the year 2013 a sudden price increase was something a big news and everything happened in a very small time period with a bigger volatility that users never experienced in the past. This generated a hype and things went out of control, now scenario is different because the growth happening with proper flow over the entire network because of large investment coming into bitcoin. So the year 2017 doesn't look to be as 2013.

I agree with you. Currently bitcoin is developing much better than before. With the increase in the number of users then bitcoin can survive better than various negative issues that exist. In 2013 there were a variety of extreme bitcoin price movements, including significant price reductions. In this year we do not want to experience this happening.

ASHLIUSZ

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During the year 2013 a sudden price increase was something a big news and everything happened in a very small time period with a bigger volatility that users never experienced in the past. This generated a hype and things went out of control, now scenario is different because the growth happening with proper flow over the entire network because of large investment coming into bitcoin. So the year 2017 doesn't look to be as 2013.

unknown04

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We don't always repeat history, sometimes we make history. 2017 is making history... I don't think 2017 is another 2013 because of supplies and demand.

xIIImaL

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Quote from: leowonderful on May 11, 2017, 05:59:04 AM

Quote from: Shinpako09 on May 11, 2017, 02:34:24 AM

I don't think so. This is not the same as 2013. This year 2017 is way better than 2013. And it is completely different unlike in 2013 that is just a pump. Now its because of the demand, the growing community.

That's exactly what the guy above you said. I wish people would actually say meaningful things instead of repeating each other. It could also be inorganic but the chances of that are unlikely. Inorganic growth examples include pretty much all altcoins, as there's just two major groups with coins in them: HODLers and investors pumping money into them to keep them afloat.

I understand, but how we can accept present price bump is the organic one because value is growing continuously in the chart. We all about the bitcoin price fluctuation but it does not seems like that now. This is also the one of the reason to observe bitcoin is a kind of pumping we saw in 2013.

yoyoamigo

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Quote from: leowonderful on May 11, 2017, 05:59:04 AM

Quote from: Shinpako09 on May 11, 2017, 02:34:24 AM

I don't think so. This is not the same as 2013. This year 2017 is way better than 2013. And it is completely different unlike in 2013 that is just a pump. Now its because of the demand, the growing community.

That's exactly what the guy above you said. I wish people would actually say meaningful things instead of repeating each other. It could also be inorganic but the chances of that are unlikely. Inorganic growth examples include pretty much all altcoins, as there's just two major groups with coins in them: HODLers and investors pumping money into them to keep them afloat.

agree too on this. 2017 is way different than 2013. however, there is one difference that may make this year to be more troublesome than 2013: 1st August UASF. Will it be Bitcoin's 1st HardFork? What will the consequences be that comes after it?

Right now, a Global FOMOmenon is happening. But will that FOMO become the opposite on 1st August for Bitcoin?
So far up till today ever since 1st January 2017, it has been way better than 2013. 1st August remains to be seen.

leowonderful

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Quote from: Shinpako09 on May 11, 2017, 02:34:24 AM

I don't think so. This is not the same as 2013. This year 2017 is way better than 2013. And it is completely different unlike in 2013 that is just a pump. Now its because of the demand, the growing community.

That's exactly what the guy above you said. I wish people would actually say meaningful things instead of repeating each other. It could also be inorganic but the chances of that are unlikely. Inorganic growth examples include pretty much all altcoins, as there's just two major groups with coins in them: HODLers and investors pumping money into them to keep them afloat.

Shinpako09

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I don't think so. This is not the same as 2013. This year 2017 is way better than 2013. And it is completely different unlike in 2013 that is just a pump. Now its because of the demand, the growing community.

Carlsen

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How many people were working with bitcoin in 2013?
Just a fraction of the number that we have today.
I think that the price we have today is reasonable because of the growth of the community, and the increased demand that came along with it.
2017 is 2017, not 2013.

BlackPanda

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Quote from: 600watt on May 11, 2017, 01:11:00 AM

this surely feels a little bit like 2013 right now.

price has hit $1824 on bitstamp some minutes ago. more than doubled since march 25th.

WOW.

A fantastic increase in bitcoin prices. But we must keep this movement. When bitcoin prices decrease I think this can be a very undesirable thing. When there is a price drop there will be serious turmoil, this is the same as happened in 2013.

600watt

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this surely feels a little bit like 2013 right now.

price has hit $1824 on bitstamp some minutes ago. more than doubled since march 25th.

WOW.

South Park

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Quote from: Kemarit on May 10, 2017, 07:25:31 AM

Quote from: Zisove28 on May 10, 2017, 05:40:50 AM

Quote from: Viviyang on May 10, 2017, 03:58:54 AM

Quote from: LegendOF45 on May 10, 2017, 03:03:21 AM

Quote from: adroitful_one on May 09, 2017, 02:14:19 PM

Quote from: South Park on May 09, 2017, 12:46:27 PM

Quote from: LegendOF45 on May 05, 2017, 03:09:50 AM

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

This is just day trading with a volatile asset such as Bitcoin. If the price is going to go up/down on a daily basis, why not take advantage of that and make a little bit of money?

Yeah right, I'm more than happy to immediately sell all bitcoin, this is the best price we can get, we never know the price it could survive, up or even down, don't be greedy, when getting profit better soon take (sell).

Fear not buddy!! The bitcoin price isn't gonna take a dip recently as many and many Japanese people are joining and driving the bitcoin price higher and higher to the moon. I do think $2k will be reached in the coming month or two.

I disagree with you. Most likely after May 15 there will be a drop in prices. But I have a hope that this fall will be insignificant. And then the price will recover very quickly. Just be a good time to buy coins

Are you talking about the decision on second review of SEC regarding the bitcoin ETF? It could probably affect the price really, but what you have said, insignificantly. Bitcoin has been very stable and I believed this year is has been more stable than ever before. Japan is pushing the price to new levels that's why even a rejection will be minor effect of the price. And I also think the investors are going back to bitcoin after they have already pump and dump the alt-coin market taking profits and investing it on bitcoin ecosystem.

I don’t think the ETF decision will have too much of an effect when it comes to the price since I think although we will all like for it to be approved we know that is not going to happen and I don’t think anyone has their hopes on an approval.

bamboylee

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Quote from: Viviyang on May 10, 2017, 03:58:54 AM

Fear not buddy!! The bitcoin price isn't gonna take a dip recently as many and many Japanese people are joining and driving the bitcoin price higher and higher to the moon. I do think $2k will be reached in the coming month or two.

This is very much attainable and because of japan, very much sustainable as well. This is not like 2013 when the price hike was baseless and purely manipulated. There is a valid reason the price is rising now, and japan accepting bitcoin is the difference between 2013 and 2017.

Kemarit

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Quote from: Zisove28 on May 10, 2017, 05:40:50 AM

Quote from: Viviyang on May 10, 2017, 03:58:54 AM

Quote from: LegendOF45 on May 10, 2017, 03:03:21 AM

Quote from: adroitful_one on May 09, 2017, 02:14:19 PM

Quote from: South Park on May 09, 2017, 12:46:27 PM

Quote from: LegendOF45 on May 05, 2017, 03:09:50 AM

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

This is just day trading with a volatile asset such as Bitcoin. If the price is going to go up/down on a daily basis, why not take advantage of that and make a little bit of money?

Yeah right, I'm more than happy to immediately sell all bitcoin, this is the best price we can get, we never know the price it could survive, up or even down, don't be greedy, when getting profit better soon take (sell).

Fear not buddy!! The bitcoin price isn't gonna take a dip recently as many and many Japanese people are joining and driving the bitcoin price higher and higher to the moon. I do think $2k will be reached in the coming month or two.

I disagree with you. Most likely after May 15 there will be a drop in prices. But I have a hope that this fall will be insignificant. And then the price will recover very quickly. Just be a good time to buy coins

Are you talking about the decision on second review of SEC regarding the bitcoin ETF? It could probably affect the price really, but what you have said, insignificantly. Bitcoin has been very stable and I believed this year is has been more stable than ever before. Japan is pushing the price to new levels that's why even a rejection will be minor effect of the price. And I also think the investors are going back to bitcoin after they have already pump and dump the alt-coin market taking profits and investing it on bitcoin ecosystem.

Zisove28

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Quote from: Viviyang on May 10, 2017, 03:58:54 AM

Quote from: LegendOF45 on May 10, 2017, 03:03:21 AM

Quote from: adroitful_one on May 09, 2017, 02:14:19 PM

Quote from: South Park on May 09, 2017, 12:46:27 PM

Quote from: LegendOF45 on May 05, 2017, 03:09:50 AM

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

This is just day trading with a volatile asset such as Bitcoin. If the price is going to go up/down on a daily basis, why not take advantage of that and make a little bit of money?

Yeah right, I'm more than happy to immediately sell all bitcoin, this is the best price we can get, we never know the price it could survive, up or even down, don't be greedy, when getting profit better soon take (sell).

Fear not buddy!! The bitcoin price isn't gonna take a dip recently as many and many Japanese people are joining and driving the bitcoin price higher and higher to the moon. I do think $2k will be reached in the coming month or two.

I disagree with you. Most likely after May 15 there will be a drop in prices. But I have a hope that this fall will be insignificant. And then the price will recover very quickly. Just be a good time to buy coins

Viviyang

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Quote from: LegendOF45 on May 10, 2017, 03:03:21 AM

Quote from: adroitful_one on May 09, 2017, 02:14:19 PM

Quote from: South Park on May 09, 2017, 12:46:27 PM

Quote from: LegendOF45 on May 05, 2017, 03:09:50 AM

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

This is just day trading with a volatile asset such as Bitcoin. If the price is going to go up/down on a daily basis, why not take advantage of that and make a little bit of money?

Yeah right, I'm more than happy to immediately sell all bitcoin, this is the best price we can get, we never know the price it could survive, up or even down, don't be greedy, when getting profit better soon take (sell).

Fear not buddy!! The bitcoin price isn't gonna take a dip recently as many and many Japanese people are joining and driving the bitcoin price higher and higher to the moon. I do think $2k will be reached in the coming month or two.

LegendOF45

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Quote from: adroitful_one on May 09, 2017, 02:14:19 PM

Quote from: South Park on May 09, 2017, 12:46:27 PM

Quote from: LegendOF45 on May 05, 2017, 03:09:50 AM

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

This is just day trading with a volatile asset such as Bitcoin. If the price is going to go up/down on a daily basis, why not take advantage of that and make a little bit of money?

Yeah right, I'm more than happy to immediately sell all bitcoin, this is the best price we can get, we never know the price it could survive, up or even down, don't be greedy, when getting profit better soon take (sell).

lionheart78

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Quote from: South Park on May 09, 2017, 12:46:27 PM

Quote from: LegendOF45 on May 05, 2017, 03:09:50 AM

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

In every market there is always an speculator, we cannot remove that. And I do agree that 2017 is different than 2013, 2013 as stated are pure manipulation and hype by some exchanges while 2017 price is drived by people demand due to the acceptance of some country that even their major player are up to venture Bitcoin investment, thus this creates trust of people and speculation driving the market price even higher.

adroitful_one

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Quote from: South Park on May 09, 2017, 12:46:27 PM

Quote from: LegendOF45 on May 05, 2017, 03:09:50 AM

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

This is just day trading with a volatile asset such as Bitcoin. If the price is going to go up/down on a daily basis, why not take advantage of that and make a little bit of money?

Topic: is 2017 the new 2013? - page 3. (Read 7101 times)