Topic: Is there any chance for Bitcoin this year? (Read 393 times)

We could not exactly say about it.Last year,due to launch of bitcoin futures,bitcoin price reached ATH of 19,000 dollars.But this time,there seems to be no such chance.

Signs that bitcoin prices have risen in recent days

All we can do is wait  until  all issues that affect the price of bitcoin  price will subsides, because as negative issue continue to affect the price of bitcoin, because trust and confident is the key to make  it stronger.

Correction for the Op $10,000 milestone was already reached last November that was freaking 5 months ago you must be outdated by the news of the prices better to check real prices on the market cap, last 4 months which is December ATH was 20K plus USD so that would be almost 70% loss from the former well a lot of happenings and speculation for the reason why it crashed that bad some say it is the MT.Gox dumping and some say because of the bans and regulation, well base on the historical data of bitcoin no doubt it will recover again.

Sometimes news also brings someone to panic and success,all that is correction I agree on your words 1Referee,This kind of correction is common every year and even I think it's just the viewers who see from their own point of view.Regarding the opportunity BTC will grow with the rules you mentioned I agree very well cause we all know there must be a regulation of value for this crypto,so developments in all kinds of economics I think can be implemented and happen by bringing the crypto system in the future .

I have of course noticed that OP is short for 10 000$,but I was curious how many days it would take for someone to see this "mistake".I also doubt it is OP original post because it is probably a plagiarism-at least partly - What are the Chances of a Trillion-Dollar Crypto Market Emerging This Year?

Title is sounds pretty dramatic,chance for what?To BTC reach 1 trillion market cap $ maybe this year or to survive all FUD,laws,regulations?I just know there is big chance that OP will get the possibility of creating a new account soon.

I think you should read less spooky news articles, and do a bit more actual market research yourself. Bitcoin and its market currently perform better than ever before, but people think it doesn't because of how far down we are from the shitty $20,000 peak. Regulations didn't push the price down, and the sanctions against crypto by certain countries didn't push the price down. It was a well justified correction taking the market back to more appropriate levels.

I still don't understand why people see regulations as a harming factor. I consider the lack of regulations to be more of a harming factor than having a fully regulated market right now. At the end of the day, without this market getting more and more regulated, we wouldn't even be where we are right now in terms of Bitcoin's market value. Regulations are the best thing that could happen to this market, and it's the only way of moving forward. People just need to accept and acknowledge that. Do you want Bitcoin to become a fully developed asset, or do you want it to remain a niche for ever?

I have always assumed that Bitcoin's price will increase at any time and there will be a development every year. Every year the price of bticoin always shows a change, maybe only in 2018 just a price decline compared to the previous year that is 2017, because earlier in 2017 we have reached 17.000USD rates. But this year is still very long so there are still many opportunities for improvement. In fact I am very optimistic because some time this is a lot of positive news that helps increase the popularity of Bitcoin.

Bitcoin has a very good chance this year, I believe it is because Bitcoin always shows a sometimes unexpected miracle

One fascinating thing is that I believe Bitcoin is experiencing the worst ever thing that can happen to it. I beleive that wjen they are done with those regulations and blockages and everything, we'll bounce back to where we are. Right now I don't know what worst thing they will do to haurt bitcoin and crypto but I believe we are here to stay

What? Is there such thing that rises to sun? Anyway,bitcoin is made to shine so by any chance,it will have its turn to shine even this year. If cheaper price for bitcoin,it is a bit impossible because it is still expensive due to its popularity and demands of people. I guess it will always shine through coming years and so on. While it is still new,keep holding btc. Saving is better than spending away.

Let's say you sell your coins. What will you do next? Are you sure that you can then buy bitcoin cheaper? Maybe you want to sell your savings and leave bitcoin? Lol. I'm sure that's not true. Even if the price of bitcoin rises to the moon you will keep the coins to wait until the price rises to the sun.

I am also convinced that the current growth of bitcoin which may be in the last year will be of great value, it is likely that with the current trend of being highly exposed to continue to increase, the volume of demand alone is sufficient to pump the bitcoin price, many predicting that prices may very well be expected seen from the current developments, whatever happens bitcoin will be the best when in use by smart people in managing it, with the price that is happening also I still can succeed in it.

Of course there is, we still have 8months to go and we are back at $8k again. As long as there's no bad news in the following months that could affect the price, still we have a chance. Every year has the possibility to beat previous years because every year the number of us bitcoiner is keep on increasing. Maybe we can feel it before or after 4th quarter this year. If ever not, we still have a chance in the following years and so on.

Absolutely can be believed, because bitcoin price is $ 8,092.72, today.

I really do not think that the market has the potential to reach 1 trillion dollars in this year, it's simply too high and while I will love to see that market cap it will be unrealistic to think that it will happen, so you are better off concentrating in something else, take these low prices as an opportunity to get cheap cryptocurrencies, this is the moment to grab as many coins as possible before the price skyrockets again.

talking about how long the up trend will go, then no one knows mate  'cause the market now seems to surge more and perhaps this not the right time to sell, and for sure  those big investors  or whales are keep monitoring the price also and waiting for more rise before to sell off. 

Bitcoin is very likely to have an opportunity to increase, there is no doubt about the bitcoin, bitcoin will not easily disappear so quickly, but bitcoin will rise and remain the number one crypto.

When people say that the price of bitcoin has to grow constantly, they do not understand the reasons that should contribute to this. Now all governments want to get their dirty hands into the regulation of the cryptocurrency market. This can stop all or substantially inhibit the growth of prices. Therefore, I am very surprised to hear people say that the recognition of bitcoin can contribute to the growth of prices.

To many chances would bitcoin can get since as far as I know bitcoins faces so many struggling dump but yet it defeat and pump harder so this time would be the another chance for bitcoin to grow up and apparently the pump is starting up and maybe it will continue until Q4 of this year.

Well, definitely bitcoin has the chance for this year. There have been ups and down that is very struggling for bitcoin but still it come up to stand until this year. It is very alive and on going to recover the price. Yes price will rise and a very lucky for those who have been very strong to believe in bitcoin.

Yes Bitcoin has a chance to make some magic happen this year. The year is long and we aren't even four months into it. Last year the real growth didn't start until about May 1st, in that time it went from ~$1400 to ~$20,000. This year after experiencing a major crash it seems Bitcoin has already found the bottom of the market and may be just starting its turnaround. The rest of the year may be building a base back to $20k (instead of the 7 week mania that took it from $6k to $20k last year which inevitably all had to be lost during the crash).

I think 2018 will be all about building that price appreciation from the mania just before the crash solidly into the market price so that $20k is the base upon which a 2019 boom phase takes bitcoin to $50k-$100k.

And not to mention I think it will be viewed more positively until more acceptable in various countries and getting closer among many people to all over because the various of its advantages till close in everyday life. The possibility of price movement/price history still have a high chance of reaching the history of the new highest price, because anyhow this is one thing that does have the power in covering the more modern era's development.

Yes there is a chance that this year bitcoin will grow more than what it has during past year, it is just up to us if we are going to hold our bitcoin or if we are going to just withdraw what we do have and will just see and watch the price.

Why not, bitcoin still has a chance to grow this year, by 2018 will remain a bitcoin year, and by 2018 I do not think bitcoin will be replaced by altcoin.

seen from the development and price history from time to time bitcoin business opportunities are still very wide open and investment opportunities bitcoin also looks still promising sangt. you can start from the year now, if you have patience you can save it and sell it for the next few years, I sakin price will rise several fold.

I'm surprised no one has caught this yet. Paul, you've made a big error in your original post!

Four months ago Bitcoin almost touched the $20,000 milestone!

In fact, some people will say that it did cross that mark, because there's such variance across exchanges it's possible (likely, actually) that at least one exchange had the price cross that threshold for a short time.

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And in agreement with a few others here, market capitalization isn't a driver of price, it's a symptom or effect of price. Market capitalization is calculated by multiplying price per coin or share X the total number of coins or shares outstanding.

It's not the market cap that's sliding down, it's the price per coin that's sliding down. In fact, market cap slides more slowly than the price per coin because we are producing new coins every single day...which has an increasing affect on the market capitalization.

you are looking at everything wrong here.
first of all you may think you mean something when you report total market cap but you really don't make sense, you are just reporting a meaningless number.
as for bitcoin price another way to look at it instead of calling it "not recovered yet" is that last year price was $1000 and now it is $8000 and it is still rising strong!

there isn't really any cycles. there may be coincidences where some recoveries take that long but there is no fixed length for it.

again with the market cap?
yes it may reach $1 trillion or even $100000000 trillion based on the way shitcoins are being created.
as a quick example imagine a premined shitcoin with 100 billion coins is released and pumped to $1 (12500 satoshi) that increases the total market cap by $100 billion in a blinking of an eye. have 10 of these and you increase it by $1 trillion. easy peasy

why wouldn't it?
it always baffles me that every time price drops people start asking this type of question as if they forget what bitcoin is if its price drops and remember it when price is rising!

Now, BTC prices have risen to $ 8,029.90.
However, the future of Bitcoin is still unknown. We still hope and I advise you to keep the BTC

Price will increase. But for how long. Should investors sell BTC at this time with high prices?

You have a point. The hype made people to buy investment during the most expensive condition of bitcoin thinking that bitcoin will reach higher that 20k in the coming months..but after December 2017 it starting to slope down..And those high expectations turn in anger,depression and sell out which mean a great loss..Here in cryptocurrencies we must be carefull to get greedy and get tempted by the hype we must play our cards properly because everything is so volatile and we could lost everything in a span of a minute same as we could get millions if we are carefull and wise enough to hamdle our bitcoin invesment.

With bitcoin everything is possible!  This past days was quite positive and the price has surged..there is a significant price increase from 6800 to 8039k  this was in a span of 45mins so this has shown a big possibilities with bitcoin. I believe the price is rising and it will surge soon.

What happens or does not happen in 2018 will not determine the future of Bitcoin. You should truly have a long-term perspective of cryptocurrencies. They are something which can fundamentally change the existing economic system. You should not expect change overnight (or in a year).

Of course it does. It started off with segwit adoption by a lot of people and exchanges. The transaction fee became very less. Lightning network released its first lighting mainnet release.
Cointelegraph wrote an article about this as well: https://cointelegraph.com/news/what-does-the-futures-hold-for-bitcoin-in-2018

But i think that still they are holding their bitcoins and not going to sell it, so i think that very soon they will recover their lost, because once again they will see bitcoin price trading above 19000$. so they may not be regretting for their investment in bitcoin, because at that time it will look like that very soon bitcoin is going to cross 50000$ and will even cross that level, therefore they wanted to invest money in bitcoin even in such a high price.

We do not even need to go as far as 2 years. Just early last year alone till date is enough to show the level of growth bitcoin has had.

However, if the OP is referring to a chance of a bull run for bitcoin this year or if we will probably attain the level of the previous ATH, I want to believe that is the answer only time can give, but in the long run, it is obvious there is a great chance for more growth and development.

at this moment and till now,cryptocurrency's ATH were $800 Billion and it happened a few months ago at jan 8.
that time Bitcoin price was around $15.000 more or less.
so if you are asking about will it reachs $1 Trillion this year ? i am sure that it will not because we are not really sure about our current market.
as we can see,right now we are moving up but people still thinking about another down because the chart does not look good.
if we see another downward movement,i believe until the end of this year at most we will see it around $500 Billion in total.
but if we do not see any downward movement again,we 'may' can see it but it is quite impossible in my opinion.

If you shift your attention from the immediate past 3-6 months chart to the last 2 years or so, you can see for yourself that BTC have gone a long way already. we are at 8000+ USD per 1 BTC which is itself extra ordinary. As you know the supply is limited to 21 million unlike fiat currency, so with more awareness and people showing interest in BTC and more organiztions adapting to the technology after realizing its true potential - I say 8k or 10k is just the beginning.

Lets put it this way if Bitcoin doesn't succeed in my opinion no other coin will. Pretty much everybody who understands crypto currencies and the power behind them realizes they are the future whether they like it or not. Bitcoin will be around, therefore some altcoins will be around. It will succeed, it is only a matter of to which degree.

Well, the quick answer is Of course.
I believe one of the biggest problems bitcoin has is the last December mega-bubble. Many people invested in bitcoin in this month due to its high value, so many people lost their money, as expected.
From the past two days, we all have seen how the value of Bitcoin rises in a crazy manner ($1000 dollars in less than an hour don't see organic to me), and its fluctuations seem to have begun again. Nevertheless, the volatility on the prices are going to stay for a while, for this is, apparently, the nature of the ecosystem.
Now, regarding your question, Bitcoin doesn't need a chance. For this is already implemented, this is already an important part of the wide economy; because it is already there, and it is going to stay (maybe) forever.
Other coins can need a chance, as you expressed, but not Bitcoin. It is the king of the crypto.

Four months ago, Bitcoin had almost touched the $10,000  milestone. But since reaching a peak of $ 840 billion in early January, the market has plummeted to 70% and is not recovered since. All efforts are meaningless as the total market capitalization is still sliding down from the peak of $ 500 billion. However, Increased in crypto price now and crypto maket value of 22.2%.

What right in the past doesn’t right in the future. But it seems to be right in Bitcoin case. The average downtrend of this Coin is 71 days and the market, as the cycle returns, witness an uptrend. This was clearly demonstrated last month when the BTC rebounded 20% from the low point on February 26.

A slight recovery followed by a deep correction is a part of a two-month cycle of the crypto. Traders have been looking for a cause of the downtrend and even found evidence of a selloff occurred despite the news.


Laws and regulations are necessary but what Crypto need most right now is acceptance and permission for business. Analysists are also agreed that news of the wider acceptance of crypto can be used as a strategy to maintain the uptrend. Applications on improving transactions speed can be used with the same purpose.

 Still, Cryptocurrency will still an important field whether we can reach $ 1 trillion this year or not. The emergence of trade organization, the relentless promotion of ETFs reinforced by the bitcoin, and the commonality of blockchain, shows that a paradigm shift is underway. But It cannot tell the future of Bitcoin and the extension of the market.

At your point of view, Does Bitcoin have a chance?