Is it practical to expect tenfold jump in Bitcoin this year ?

KingdomHearts

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Quote from: Thomas-s on September 20, 2018, 08:53:20 AM

About a tenfold jump, this is most likely a hope, but it's quite possible to expect a five-fold wait, but it's still a lull about bitcoin growth.

You should not measure the growth of Bitcoin in terms of its market recovery. This can be very different things. At times, the growth might be very low but the jumps in the value are so sudden that you do not smell it the least. Besides, there is possibility for Bitcoin to grow in the nest few months.

We have had a low market recovery lately and in order to grow big, the crypto market has to be vibrant about the growth till December which so many people are expecting. But even if it did not recover, the technology is here and all of us know it has great potential so be it the next year.

ronics

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The price of a Bitcoin is definitely doubtful. In the past year, everyone was amazed that when a bitcoin price was filled several times compared to the first year. We should be calm and have to wait until the end of the year. We are confident Bitcoin will double its percentage by the end of the year.

Skyshark

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There is no question in my mind that bitcoin will go through the roof despite the see-saw rides it has been experiencing in the market. Lets not also forget the fact that it remains the number one cryptocurreny notwithstanding. To bitcoin fanatics, that feeling of optimism never ceases regardless its volatility. I am placing my bet that the last three months of this year will be beneficial to all of us.

patarfweefwee

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Such an expectation is never healthy. We could expect two fold but such thinking will juat end up in disappointments. I mean if there is a ten fold increase in Bitcoin price this year, you'll expect a price correction the year after and suffer a long bear market. I'd rather have bitcoin grow gradually and slowly.

tonyja2017

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

I think not. Do not expect the Bitcoin to be pumped, do not let the past affect the present. That's not a good habit. You should accept reality and find ways to make money from the present situation. Make plans for the future but focus on the present. Wink

raidarksword

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I think not because bitcoin's price not doing well this year and also with some issues with ETF disapproval that makes a price drastically changed everyday. ETF is the only chance for bitcoin to sour high like last year and hoping for the next ETF proposal could make the price stir uptrend.

Idrisu

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

We just have few months to the end of this year and we should not expect much to happen as everything is looking bearish. I just believe that 2018 is time to buy and hold for long term. If you miss this opportunity, you may not see bitcoin this low again.

lebrone08

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

Well, most of the member here are joined bitcoin world not just to learn about crypto currency but to earn money, and if you are in trading world i think all of them are expecting to have bountyful profit at the end of the year. But it is very important to set or prepare your self for unexpected cases because if bitcoin gets dump it will totally decrease so just be patient always and dont panic.

gtglener

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Quote from: yonjitsu on September 19, 2018, 02:49:16 AM

Expecting for bitcoin to jump tenfold within this year is not impractical at all. Anyone can expect with different results out from your inquisitive mind. Anything can happen with bitcoin this year but don't just expect too much because when your expectations will not come true, you might get frustrated only.

Well i would tend to disagree with the statement about a tenth fold rise in the values of Bitcoin. Of course it is a subjective topic and people with different minds and mind of thinking will approach the issue with different views in mind.

The reason why i think it will not happen is that the demand for the coins has actually reduced due to the prevalent down market situation which has been making sought of chaos lately. But the element of uncertainty is very much obvious in the market and i think anything can happen. It can even rise more than the tenth fold.

pelipurlara

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Quote from: jack8989 on July 28, 2018, 02:17:17 PM

This will never come true. Some experts have predicted that Bitcoin's price could only rise to $ 30,000 by the end of the year, but when I analyzed the Bitcoin price chart, I only saw that prices would rise sharply at the end of the year and the highest price that Bitcoin achieved this year is $ 15,000

You may have your own predictions that bitcoin will be a maximum of $ 15,000 until the end of this year, but from my graph Bitcoin always increases every year, and we can only wait for all of that to happen

alinapvlvch

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of course, if to take previous year into account, then it is possible to expect everything, anything, but you shouldn't forget that this year both the popularity of bitcoins and the number of traders many times has increased. and the price has all the same fallen very strongly so I don't think that this year something will be...

webdevmastery

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

In my own opinion, You should not expect for the price of cryptocurrency to increase immediately because the market is based on demand and supply, that is the reason you should expect anything about the market price.

Faeton

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

No, last year the market was not stagnant for almost a year and before that bitcoin did not fall in price by 70 percent. Now investors are unlikely to invest in bitcoin large amounts, if it starts to rise in price well. Investors will now be cautious, and therefore, the high growth of bitcoin in the price this year is unlikely. Should be expected. A good bitcoine price by the end of this year will be at 13 000 -18 000 dollars.

Flor1982

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

The chances of 10x fold for just this year only is now getting low because we have only 3 months left before this year will end as many believed that we are still in the middle of bearish market in which that is why the Bitcoin price increase is slow moving. Hopefully, a miracle will happen that the bullish market will start making the Bitcoin price to have a sudden leap towards ATH again before next year.

SearchingforS

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I can only say that everything can happen including 10x bitcoin growth in this year, but it may fall to 4-5 thousands $ as well I think, but that's less likely to happen.

Cojiro

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

maybe because nothing is impossible in Crypto
but if we look at the data and the number of annual transactions it is very difficult to be realized even though it could actually be realized because of other factors and I personally hope that it really happens Grin

BartS

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

It is not practical for several reasons, to begin with it is not going to happen, you want bitcoin to grow and touch the price of 60,000 in a matter of months, so you want about three times the highest price that bitcoin has ever reached, that is very ambitious and very optimistic but it is one of those things that is not going to happen no matter how much you wish for it, so it is way more practical to try to find a way to earn more bitcoin or more fiat that you can later invest in bitcoin and wait for a bull run.

jun yamamo

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Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

In 2017, the cryptocurrency became well known to many people, and many currencies including Bitcoin made great value.

The price that was highlighted in 2018 broke the value, many people lost a lot of money and diluted the confidence in cryptography.

I do not expect Bitcoin to priced $ 800,000 in 2018.

However, this industry is still immature, from now on the blockchain technology will evolve, regaining confidence from many investors, and as the cryptocurrencies become more popular in the world price will also rise line.

I think that the price of bitcoin will rise more than 10 times over the next five years.

Finestream

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Quote from: nazaididuan1 on September 19, 2018, 06:11:53 AM

Now all investors are expecting Bitcoin ETFs to pass!
I hope that BTC will reach the position of $20,000 at the end of the year!
It seems difficult to achieve now, maybe it is difficult for BTC to rise to $10,000!

I also think that way.Bitcoin may be so volatile that it can make a tenfold jump before the end of this year but looking at the current condition of the market,it's quite hard to reach even a $10k-$15k btc price.I expect a bull run but until now the market is still in dump.But honestly i still have high hopes that bitcoin won't frustrate the people and it will reach a new height before this year ends.

noormcs5

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Quote from: webdevmastery on September 18, 2018, 09:52:34 PM

Quote from: krishnaverma on July 28, 2018, 01:01:48 PM

Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?

In my own opinion, you should not expect for the price to increase again this year because the market is volatile so it was better to be just patient rather than expecting.

Well, anything can happen in the crypto world especially when you see that bitcoin is too much volatile and it just take a day to move 1000$ up or down. When everyone is thinking that crypto and bitcoin is dead, that will be the time when whales will make a move and take bitcoin to all time high prices. Right now is the best time to accumulate bitcoins.

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