Looking at Bitcoin's price increase via YEARLY LOWS - page 3.

whirlcoin

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Quote from: shitexpress on May 30, 2019, 06:21:33 AM

By looking only at the yearly lowest dollar value you'll find out that Bitcoin is always more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Thoughts, ideas?

Full video at http://y2u.be/5TMygwWv4dc

but we cannot easily find the changes in this cryptocurrency fielder because the Bitcoin value is still in the unstable situation whenever we are find any way to predict the future it will not been going like that will change its situation into different direction that's why it will be profitable for everyone

South Park

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Quote from: Lucius on June 13, 2019, 07:07:52 AM

Quote from: shitexpress on May 30, 2019, 06:21:33 AM

~snip~

This is a very simple fact, for anyone who is asking how much bitcoin will be worth in next 2, 5 or 10 years just look at history and some answers can be found there. It is not a problem in fact the price of bitcoin grew on average xxx% per year in $ value, but in fact that some people say that at some point such growth will stop. But they ignore the fact that bitcoin is have limited supply, and that it is not comparable with fiat, stocks or gold.

Only 4-5 years ago price of bitcoin was only around $200, and today is x40 - for me quite enough proof that the bitcoin is long-term sustainable and worth the investment.

Many traders are obsessed with getting short term profits and many only look at 15 minutes charts or lower, they are so concentrated on getting small profits that they forget that the greatest benefits come from holding bitcoin long term, if you take a look at a weekly chart or a monthly chart it becomes more than apparent the upward trajectory of bitcoin and how despite its huge growth it seems that such growth is sustainable, many of those that argue against it say that it resembles a bubble, and it is true, but many other great inventions like cars produced industries with similar growth and we know what happened to those industries.

creeps

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Quote from: kamudd on June 12, 2019, 10:26:15 AM

Quote from: Adriano2010 on May 30, 2019, 08:21:51 AM

I also think bitcoin can be a good investment for long time, and maybe we will have mass adoption, but over time it proves that can be a good investment and give a good profit for who buy on low price.

That's right, in the long run we can make Bitcoin a profitable investment field. And we can see that from year to year the popularity of bitcoin continues to increase.

Look at the history of bitcoin, its already proven to give higher profit in long term much better than to any investment. I still believe that in the next 5 years bitcoin will go high because of the continues adoption. Its good to wait for the dip price every year, which I believe was already hit for this year lowest price. Now as we enter the level of $8k, we can start looking for the price of $9k in the coming weeks and bitcoin will test the level of $10k.

Lucius

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Quote from: shitexpress on May 30, 2019, 06:21:33 AM

~snip~

This is a very simple fact, for anyone who is asking how much bitcoin will be worth in next 2, 5 or 10 years just look at history and some answers can be found there. It is not a problem in fact the price of bitcoin grew on average xxx% per year in $ value, but in fact that some people say that at some point such growth will stop. But they ignore the fact that bitcoin is have limited supply, and that it is not comparable with fiat, stocks or gold.

Only 4-5 years ago price of bitcoin was only around $200, and today is x40 - for me quite enough proof that the bitcoin is long-term sustainable and worth the investment.

kamudd

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Quote from: Adriano2010 on May 30, 2019, 08:21:51 AM

I also think bitcoin can be a good investment for long time, and maybe we will have mass adoption, but over time it proves that can be a good investment and give a good profit for who buy on low price.

That's right, in the long run we can make Bitcoin a profitable investment field. And we can see that from year to year the popularity of bitcoin continues to increase.

redsun114

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That doesn't change anything, the price is low is that it is low. The lowest of the last ten years is even better than now because then there wasn't much people making use of cryptocurrency then and those who lost didn't lose much back then since price doesn't fluctuate much. But 2017 was when every thing got really bad as the price got very high to $20,000 and then plummeted from there making a lot of people who have joined the community to lose a lot of money. Those who were lucky are those who claimed that they have hodled for those years, which I don't even know if they are saying the truth. But whatever.

michellee

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Quote from: Julunguul on June 11, 2019, 07:02:18 PM

Quote from: smyslov on June 05, 2019, 12:06:36 PM

Quote from: pinkpanther03 on May 30, 2019, 06:44:51 AM

Considering that yearly lows of bitcoin for the past 10 years, bitcoin investment might be good for long term. Whatever happens, leaving your bitcoin for few years, you'll still end up with profit. You can have a yearly buy and sell to earn bigger returns of investment.

That's true the only exception was 2018 after Bitcoin's all-time high in 2017, but if you are too patient and you have a strong believe in Bitcoin you can leave it in your wallet and come back maybe two or three years by then Bitcoin could be worth double of 2017 all-time high, but of course this is just a possibility and not a fact.

actually also things like price increases or decreases that occur every month or year even if there are certain events that are nothing more than mere predictions, no one really brings like an annual chart like they usually show. Bitcoin is about how much people still have attracts to it.

And now, we already reach 2 years after the highest price in 2017, and we might see the price will increase higher than before. So if we can buy more bitcoin from now on, I think we could expect how much our profit later. I am sure that many people have already prepared for the coming of the next highest price of bitcoin and they already buy a lot of bitcoin at the lowest price before so they only need to wait for the price to moves to the highest price to sell and make a profit.

DigitalGemToken

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Yes, there has been a gradual but steady rise in Bitcoin despite the rollercoaster that we have experienced in the cryptocurrency markets.

I think this has been because of the non inflationary properties of Bitcoin as compared to fiat currencies. Bitcoin and gold has very predictable inflation rates whereas for fiat currencies, it can be printed at a whim.

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Yamifoud

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Quote from: Julunguul on June 11, 2019, 07:02:18 PM

Quote from: smyslov on June 05, 2019, 12:06:36 PM

Quote from: pinkpanther03 on May 30, 2019, 06:44:51 AM

Considering that yearly lows of bitcoin for the past 10 years, bitcoin investment might be good for long term. Whatever happens, leaving your bitcoin for few years, you'll still end up with profit. You can have a yearly buy and sell to earn bigger returns of investment.

That's true the only exception was 2018 after Bitcoin's all-time high in 2017, but if you are too patient and you have a strong believe in Bitcoin you can leave it in your wallet and come back maybe two or three years by then Bitcoin could be worth double of 2017 all-time high, but of course this is just a possibility and not a fact.

actually also things like price increases or decreases that occur every month or year even if there are certain events that are nothing more than mere predictions, no one really brings like an annual chart like they usually show. Bitcoin is about how much people still have attracts to it.

Its gradual increase in prices means that there is an increase in users and investors. There are no doubts that as we move into another year will see improvements into the market also and it makes the competition will be stronger and stronger.

Developments will continue and to make people very aware of what crypto can do for us and to the community as well. We're headed into mass adoption bringing more investors to come and give trust.

Julunguul

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Quote from: smyslov on June 05, 2019, 12:06:36 PM

Quote from: pinkpanther03 on May 30, 2019, 06:44:51 AM

Considering that yearly lows of bitcoin for the past 10 years, bitcoin investment might be good for long term. Whatever happens, leaving your bitcoin for few years, you'll still end up with profit. You can have a yearly buy and sell to earn bigger returns of investment.

That's true the only exception was 2018 after Bitcoin's all-time high in 2017, but if you are too patient and you have a strong believe in Bitcoin you can leave it in your wallet and come back maybe two or three years by then Bitcoin could be worth double of 2017 all-time high, but of course this is just a possibility and not a fact.

actually also things like price increases or decreases that occur every month or year even if there are certain events that are nothing more than mere predictions, no one really brings like an annual chart like they usually show. Bitcoin is about how much people still have attracts to it.

BitHodler

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Quote from: binhvo1505 on June 11, 2019, 04:51:43 AM

I don't think the price of BTC could exceed $ 12k this year.

People didn't believe in the price to break the $6000 mark either this year, but it still did. This market doesn't care about anyone's opinion or prediction--the price has always gone up and down when people didn't expect it.

The fact that we have seen a parabolic rise this year is mainly due to how people didn't believe this would be possible and fomo'ed in to not miss out. The same applies to what happened during the 2017 bull run.

In 2018 people prepared themselves for a continuation of the bull run, but that went horribly wrong for them. Most of what these get rich quick people bought in was dumped in panic on the way to the $3000 bottom.

omonuyak

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Quote from: South Park on June 11, 2019, 12:49:10 PM

Quote from: blockman on June 08, 2019, 05:58:16 AM

Yearly lows are increasing while people only look to the yearly highs. I don't care what people say and mocks most of us here about it that 2018 hasn't been a profitable year.
All they look to the highs but if they sum up and look also to the other side, we're going up and what's more exciting? what's going to be the all time low for the next years to come?

The truth is that it does not matter what metric you are using to measure the growth of bitcoin all of those metrics give the same result, which is that the price of bitcoin is going up, the demand is increasing and its utility will increase many times once we can make transactions and get confirmations immediately thanks to the lightning network and if you add that the most important fiat currencies of the world are printed by governments that are heavily indebted then you can clearly see that this will lead to even higher prices during the next decades.

From inception till now we can all agree that bitcoin has been growing and remains bullish. It is very hard to find an asset that has given great returned to it investors like bitcoin this time and I think the future is going to be far better than were we are right now. Those saying bitcoin is death because of the last year bearish trend do not know that over all, bitcoin is better now than were it started.

South Park

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Quote from: blockman on June 08, 2019, 05:58:16 AM

Yearly lows are increasing while people only look to the yearly highs. I don't care what people say and mocks most of us here about it that 2018 hasn't been a profitable year.
All they look to the highs but if they sum up and look also to the other side, we're going up and what's more exciting? what's going to be the all time low for the next years to come?

The truth is that it does not matter what metric you are using to measure the growth of bitcoin all of those metrics give the same result, which is that the price of bitcoin is going up, the demand is increasing and its utility will increase many times once we can make transactions and get confirmations immediately thanks to the lightning network and if you add that the most important fiat currencies of the world are printed by governments that are heavily indebted then you can clearly see that this will lead to even higher prices during the next decades.

binhvo1505

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Quote from: shitexpress on May 30, 2019, 06:21:33 AM

By looking only at the yearly lowest dollar value you'll find out that Bitcoin is always more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Thoughts, ideas?

Full video at http://y2u.be/5TMygwWv4dc

That is the development period of BTC. But now there are too many traders here and everything is gradually becoming different. when traders have trapped the whales in 2017 and 2018, now they have to be wary and we are establishing a new centralized market. every cycle will no longer be right and I don't think the price of BTC could exceed $ 12k this year.

awik p

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Quote from: TheUltraElite on June 10, 2019, 09:10:50 AM

Quote from: trickyriky on June 07, 2019, 11:07:44 AM

Some guys missed that moment in 2017 and lost almost everything. They were waiting for Bitcoin offered for 15-30 thousand, but it did not happen. Do not be greedy, and you will avoid these mistakes and losses again.

That loss occurred in two ways. One for those who went in to buy at the inflated price and ended up not selling at the top buy holding even today when the price is way below what happened that year. Second are those who held through the bull run thinking that it would never end and with horrified eyes watched the market crash back below anything. They panic sold or are still holding.

The lesson to be learnt here is that nothing is permanent and one needs to catch hold of the opportunity as soon as it appears.

right, by taking advantage of opportunities, we will still exist in the crypto world. greed will backfire for us, and buy back when the bear market takes place. so profit will be achieved

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Quote from: trickyriky on June 07, 2019, 11:07:44 AM

Some guys missed that moment in 2017 and lost almost everything. They were waiting for Bitcoin offered for 15-30 thousand, but it did not happen. Do not be greedy, and you will avoid these mistakes and losses again.

That loss occurred in two ways. One for those who went in to buy at the inflated price and ended up not selling at the top buy holding even today when the price is way below what happened that year. Second are those who held through the bull run thinking that it would never end and with horrified eyes watched the market crash back below anything. They panic sold or are still holding.

The lesson to be learnt here is that nothing is permanent and one needs to catch hold of the opportunity as soon as it appears.

blockman

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Yearly lows are increasing while people only look to the yearly highs. I don't care what people say and mocks most of us here about it that 2018 hasn't been a profitable year.
All they look to the highs but if they sum up and look also to the other side, we're going up and what's more exciting? what's going to be the all time low for the next years to come?

Rounaksarkar

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Bitcoin has been able to increase itself from the beginning.But it does taken loss for some time ,such as - February 2014,August 2016,March 2012,June 2011,September 2012,January 2015,December 2015,7th may 2019.Even though I see Bitcoin as a market, then profit and loss common. But Bitcoin has a loss for a temporary time and has profited more. For which the price of Bitcoin is increasing so much every year. !!!!!!!!!

trickyriky

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Quote from: kaya11 on June 06, 2019, 02:36:32 AM

Quote from: pinkpanther03 on May 30, 2019, 06:44:51 AM

Considering that yearly lows of bitcoin for the past 10 years, bitcoin investment might be good for long term. Whatever happens, leaving your bitcoin for few years, you'll still end up with profit. You can have a yearly buy and sell to earn bigger returns of investment.

But if we can catch the right moment to sell it just like December 2017, then it is good to have profits for short term also. I like this kind of market wherein all could be gone in a single day, I truly believe that I would be fortunate if I stay connected with the crypto space and hold more Bitcoin for my future and my family's. I will give this a shot.

Some guys missed that moment in 2017 and lost almost everything. They were waiting for Bitcoin offered for 15-30 thousand, but it did not happen. Do not be greedy, and you will avoid these mistakes and losses again.

Kemarit

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Year-to-year we are still up by 2%, so that's already a accomplished. However, it's pretty obvious that by looking at yearly lows, it will be very different as adoption grows, more people became aware of what Bitcoin can really bring to them financial and other factors. And we should also factor in the block halving every 4 years. This for me is very important why the price keeps changing every year. Bitcoin is getting difficult to mine and that what makes the price goes up and down, every year.

Topic: Looking at Bitcoin's price increase via YEARLY LOWS - page 3. (Read 1199 times)