Looking at Bitcoin's price increase via YEARLY LOWS

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Quote from: yslyv on July 23, 2019, 07:40:25 AM

Quote from: shitexpress on May 30, 2019, 05:21:33 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

it is correct. but since end of last bull run (end of 2017) bitcoin is going down and all the market keeps bleeding with bitcoin. i hope this will change and at the end of 2019 we will see again good ath from bitcoin.

What is still bleeding about the market of bitcoin here? I can agree with altcoins to say their market is still bleeding, but I think bitcoin market is already far from that the moment we started the bull run from early April. Things are already changing with bitcoin and has we can see that bitcoin has made some unimaginable move as regards its price increase this year, there is still more room for increase and I believe that before the end of this year, bitcoin ill touch the last all time high of the last bull run.

Altcoins market is the one bleeding now, but I believe that any moment from now when bitcoin gets to a stage this year where it starts going sideways, there will be a positive development as regards their own market too which they must surely stop bleeding too.

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Quote from: Panchum on July 23, 2019, 09:52:06 AM

Quote from: shitexpress on May 30, 2019, 05:21:33 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

I can say that bitcoin now is possible to increase maybe its too long but l can see the shinning glimpse of bitcoin will rise this year.This what people are waiting for,to have a good outcome of our prayers to have bitcoin increasing price for the promising benefits of bitcoin to become a millionaire.

Same here. I think that there are many reasons behind the pumping prices of Bitcoin. This is a statistical truth and is evident from the data that on the average, the price of Bitcoin happen to rise more than the fall in its market value which means that we are getting its market value appreciated more and more and this is the reason of such a high rate of speculation in the coin.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

I can say that bitcoin now is possible to increase maybe its too long but l can see the shinning glimpse of bitcoin will rise this year.This what people are waiting for,to have a good outcome of our prayers to have bitcoin increasing price for the promising benefits of bitcoin to become a millionaire.

yslyv

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

it is correct. but since end of last bull run (end of 2017) bitcoin is going down and all the market keeps bleeding with bitcoin. i hope this will change and at the end of 2019 we will see again good ath from bitcoin.

fullhdpixel

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Quote from: Febo on July 14, 2019, 08:01:12 PM

Quote from: shitexpress on May 30, 2019, 05:21:33 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 video is wrong. In 2014 Bitcoin was never under $100. It was actually never under $300.

What does it matter if the video is wrong or not, the message that is needed to be passed has been passed, bitcoin is always higher in a particular given year than the previous year, even if bitcoin was at $300 in 2014, but 2015 was far higher than that and so as other years until bear market creeped in, and now that the bear market is over, same thing will still happen as we can already see that this year is already greater than last year and even if the market will have a deep correction, there is no way that it can be as low as the previous year.

The growth of bitcoin has always been wonderful and I am sure that by next year ending, we will be having another beautiful record of bitcoin value that will be higher than this year because I do not foresee any bear market for now.

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Quote from: davinchi on July 22, 2019, 01:27:09 AM

I remember vividly that I cashed out 3 bitcoins at 10 thousand dollars that year, if I have waited I could have cashed out on 60 thousand dollars at the max but I felt like 10 thousand dollars for 3 bitcoin was already huge, as you can see I was "profiting" on something that I could have profited even more. Whenever you bet bitcoin not going any higher, you are taking a big risk.

Dont put that "I could have made more" thought, it makes you go mad. In any trading of speculative assets its important to enter at the right time and also exit at the right time. Exit a few points early is better than losing out because it crashed by them and you missed the selling point. Though crypto exchanges allow you to place orders for unlimited mount of time so you wont miss, but make you orders realistic, which I think you did nicely.

I feel that anyone who thinks that they missed the train, is wrong because the prices will come down again and in future you will get your opportunity, so people should stop whining about "when moon" and so on.

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I don't think that yearly lows are enough ,yearly highs are very important too but yearly lows basically show us that bitcoin never really goes down as a whole thanks to the 2018 and 2017 differences we can see that. Yes in 2017 it went up a lot and than in 2018 it went down a lot as well but when you look at the yearly lows you can see that if you didn't join the bitcoin community during November-December of 2017 but earlier you could have profited even from that.

I remember vividly that I cashed out 3 bitcoins at 10 thousand dollars that year, if I have waited I could have cashed out on 60 thousand dollars at the max but I felt like 10 thousand dollars for 3 bitcoin was already huge, as you can see I was "profiting" on something that I could have profited even more. Whenever you bet bitcoin not going any higher, you are taking a big risk.

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It does prove bitcoin as a good investment if you get in the right time, it still doesn't make a difference to people who bought at 20 thousand dollars. Do not forget that in order to have an all time high it means someone has to buy from the top, if it was 20 thousand dollars there needs to be someone who bought at 20 thousand dollars to make that price.

Now, of course with time that will be reached, maybe in a month, maybe in a decade who knows but it will be reached, bitcoin is against inflation of dollar which is a good race because the more inflation goes up the higher price of bitcoin will be and that is why with years it will only go up but if you bought from the peak prices then you would have to wait. Same happened with people who bought from 1400 dollars back in the day, they finally made their money back but it took a good while before they reached there.

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Quote from: hahahafr on July 19, 2019, 06:11:47 PM

That's so true, the yearly lows of Bitcoin has been increasing and the amazing thing about it is that anytime we see another new low after a bull run the next rise is to another all time high. That is the more reason why many crypto enthusiasts are predicting about bitcoin reaching another all time high if it's bull run's begins again.

When the price falls drop, a lot of investors will take that as a good opportunity to buy again, then the price makes a positive change that may trigger another ATH.

We don't know really what is the true movement of Btc, we just based our strategies on the changes that are happening. All we know is that there will always be these investors that will take advantage of the price dumps and that is the reason why Bitcoin will never be that crypto that dies quickly and the reason why there is always a chance for a new ATH to come up, and more profits.

hahahafr

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That's so true, the yearly lows of Bitcoin has been increasing and the amazing thing about it is that anytime we see another new low after a bull run the next rise is to another all time high. That is the more reason why many crypto enthusiasts are predicting about bitcoin reaching another all time high if it's bull run's begins again.

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Quote from: ufaiz50 on July 15, 2019, 06:13:21 PM

Indeed, based on the history of the year we can clearly see that the lowest point of bitcoin always goes up, but not for the highest price, when bearish prices are many old users who state that "the lowest value always rises" so that users do not panic. This proves that bitcoin investment is the best long-term investment? I don't think so, why are users always afraid when the value goes down, the main key of investment is management and information

This proves that bitcoin as an investment is a good option for those who are willing to put their money in it. If the lowest prices rises then it only becomes more difficult for people to enter at a lower price than you. Of course this is not perfectly correct, because a big dump below the price you buy at can happen any time.

But if you patient enough and know that the future support of bitcoin is very likely from all big whales then you should be assured of an uptrend.

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Quote from: Nunoluck on July 13, 2019, 05:45:26 AM

Quote from: shitexpress on May 30, 2019, 05:21:33 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 that doesn't mean that buy bitcoin will instantly give you profit in the short time. The best way is by using dollar cost averaging strategy and hold bitcoin for long term. If we choose this kind of strategy means thats we will become contrarian investors who only buy bitcoin when the price fall.

Bitcoin can actually give an instant result in a short term, but that will be through trading, if the holder knows how to trade with it, there are so many people that are getting profit from bitcoin on a daily, weekly and monthly basis, especially now that the market is already in uptrend, there is enough room now for people who are skillful in trade to make money in a short term, but for those who does not know how to trade or not willing to go into trading, long term investment is still the best bet and that is only when they can start talking of profit when the price of bitcoin start going on bull run.

I believe that people that invested when the market was dip and has held their coin for long would already be counting their profit by now, while a trader who knows how to trade has been counting their profit from the time of bear market too. So bitcoin can give profit for both short and long term investment.

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Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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 the fact that is on the chart and the bitcoin market history. In the long run, bitcoin always increases, yeah its true just leave bitcoin in the wallet for a few years, then you will be get profit.
this opportunity is very open, but unfortunately many people still waste this investment and strategy

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

Indeed, based on the history of the year we can clearly see that the lowest point of bitcoin always goes up, but not for the highest price, when bearish prices are many old users who state that "the lowest value always rises" so that users do not panic. This proves that bitcoin investment is the best long-term investment? I don't think so, why are users always afraid when the value goes down, the main key of investment is management and information

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The awareness of Crypto History is so important because it is something that makes your life easier and more comfortable. A person just starting up will for sure panic when he will see the price dipping or increasing at such rapid pace. Now that same person when he studies the history will understand that it’s very much common thing and there is nothing to panic. It’s these small margins that makes such gigantic difference and reason why we need to watchful.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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 video is wrong. In 2014 Bitcoin was never under $100. It was actually never under $300.

fiulpro

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This is exactly the reason so as why there is something called long term holding , people suggests holding Bitcoins for a long term so that we don't sell in fear and won't have to face the ups and downs of the market and after comes the regret of selling too soon , more or so , I think in the upcoming year 2021 which is predicted to take the price of Bitcoins to the sky is going to be a major boon for the market.

The growth of Bitcoins is amazing if we consider how it started from just dollars.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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 that doesn't mean that buy bitcoin will instantly give you profit in the short time. The best way is by using dollar cost averaging strategy and hold bitcoin for long term. If we choose this kind of strategy means thats we will become contrarian investors who only buy bitcoin when the price fall.

TheUltraElite

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Quote from: ?? on ??

What is it that does not exist if I may ask? because that is the part of your own statement that I do not understand, bitcoin work can clearly be seen and even though there is no access to its antilogarithms, but it technology does exist, and there is no way we can be using something that its POS and POW are the main work that we see till today.

I meant that bitcoin does not have any physical existence. Although some collectibles are available for physcial bitcoins, they are just idols to load your crypto in them, not like fiat which is prone to wear and tear because it uses a physical media like coins and notes.

Quote

It does exist, but strong enough not to be destroyed because it is anonymous, and I guess that this is what you mean, no one can destroy what is anonymous. The volatility of this technology is what makes the system sweeter and more rewarding, and until supply is exhausted and demands becomes too high before we can have a reduced volatility or zero volatility, but till then, we will keep seeing increase every year.

I think you got my statement wrong. I meant that people talk about bitcoin being destroyed but they are wrong. Bitcoin cannot be destroyed by crashing the market, it will rise back to higher prices. Also I dont think volatility will be guaranteed to reduce after the supply is exhausted.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

Bitcoin is growing yearly in price, cause what it was in the past ten years, compared to what it is now is a huge difference. But you should ask yourself if it’s still going to continue like that, especially now that the price has gotten this far, unless what some people are saying about the market cap growing to over a trillion is going to really happen. If the market is really going to continue the growth, then the yearly low will continue to go higher. It’s never a good idea to put trust in this, you should always just try to utilize the opportunities you see, And achieve something out of it, cause if you keep on wising for the future ,it might never come.

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Quote from: semobo on July 02, 2019, 03:33:12 PM

Quote from: shitexpress on May 30, 2019, 05:21:33 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

yes this is the things always happening after all the time when Bitcoin go down and after that it increases the value double than the previous times and in this time also the situation is clearly shown the development of Bitcoin will be more higher than the previous time so I expect some Prophet also for every investors.

Have to see the market trend will always change. It is apparently be happening since the demand and investors prospects have also changed.
Though we saw it coming slowly but at least it is moving. It is not we want quick and instant rise but continuous small pumps will be good enough to big it big in the future.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

yes this is the things always happening after all the time when Bitcoin go down and after that it increases the value double than the previous times and in this time also the situation is clearly shown the development of Bitcoin will be more higher than the previous time so I expect some Prophet also for every investors.

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Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

Indeed bitcoin is a long term investment based on its price action forming a higher low yearly is a good indication and pointer to its bullish movement overall and consistency in the bullish sentiment for many years ahead and a wise investor will surely profit from investing on bitcoin whenever the price dumps recalled in the beginning of the year its price was $3500+ compared to its present value shows a profitable investment.

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Quote from: TheUltraElite on July 01, 2019, 09:33:40 AM

Quote from: Finestream on June 27, 2019, 05:42:54 PM

Considering the present market condition,bitcoin has really a bright future ahead.But predicting it to become zero value in the future,i think it's too far from possibility.People will always grab the chance to buy more bitcoins especially if its price makes a drastic fall.

That is why its price going to zero is having a very small possibility. Unless something drastic happens like Satoshi's wallet selling off its share of bitcoins I dont see how this will happen.

Quote

So there's no chance that bitcoin will have no value,instead it will continue to grow its price if investors will chose to keep their bitcoins than selling them.

Investors are more interested in making money. They are more of the market makers who buy/sell regularly. The hodlers of bitcoin are going to hold it though thick and thin. Would be good to see bitcoin cross 12k and then grow to 15k soon. I was hoping for a dip soon so people can buy a bit in the meantime as a small "break" in this bullrun.

Just like I am ready to hold mine through thick and thin too till bitcoin probably turn to 1 million dollars. You know in cryptocurrency world, we keep learning new thing on a daily basis, My initial mentally was that when the supply of some of these coins get exhausted, their value growth will became static, but I guess I was wrong, I was shocked to see that circulating supply of Monero is equal to its total supply, which mean the supply has become limited, but yet, the value is still growing.

So even if bitcoin supply get exhausted, the value will still continue to grow, and this could be the reason why people will hold bitcoin for so long, I am taking of decades. Right now, I think any opportunity one has to buy bitcoin, one need to do so, if possible keep saving in bitcoin wallet for future purpose while we use part of some to make profit when the bull run comes.

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Quote from: Finestream on June 27, 2019, 05:42:54 PM

Considering the present market condition,bitcoin has really a bright future ahead.But predicting it to become zero value in the future,i think it's too far from possibility.People will always grab the chance to buy more bitcoins especially if its price makes a drastic fall.

That is why its price going to zero is having a very small possibility. Unless something drastic happens like Satoshi's wallet selling off its share of bitcoins I dont see how this will happen.

Quote

So there's no chance that bitcoin will have no value,instead it will continue to grow its price if investors will chose to keep their bitcoins than selling them.

Investors are more interested in making money. They are more of the market makers who buy/sell regularly. The hodlers of bitcoin are going to hold it though thick and thin. Would be good to see bitcoin cross 12k and then grow to 15k soon. I was hoping for a dip soon so people can buy a bit in the meantime as a small "break" in this bullrun.

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I certainly don’t want to be a harbinger of a storm, but we need to understand that Bitcoin will grow a good green period and when the time of stagnation begins, at least for a very short time, but users of cryptocurrency will start selling to earn and thus can derail the price of Bitcoin. Although I am not very worried, because it will be another chance for a profitable investment.

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Quote from: TheUltraElite on June 27, 2019, 10:02:05 AM

Quote from: shoreno on June 23, 2019, 04:14:28 AM

well what do you expect ? bitcoin/cryptos are based on speculations therfore its pretty normal for the people to keep on speculating .

They were not based on speculation. At least not bitcoin. Bitcoin has its own ideology which was told by satoshi. People still found the speculative market of this "asset" and thus its price went high. That means people support it and they want to buy it.

Quote

its possible for bitcoin value's to go down but i dont think that it can slump until zero because the number of its users and the number of its market cap are way too huge . majority of those people are hodlers/investors that are not in a hurry to sell thier assets but anyways i wont agree with the op . bitcoin is not becoming expensive every single year because if its true then why the price fail year ?

It is always possible that the price of bitcoin becomes zero but the chances are very low because as soon as it starts going down whales are going to buy it back at low price. It would be a good opportunity for them to buy because it would a discounted price compared to the current price in case of a drastic fall. Again there will be naysayers but the future of bitcoin is indeed pretty bullish because of its advantages.

Considering the present market condition,bitcoin has really a bright future ahead.But predicting it to become zero value in the future,i think it's too far from possibility.People will always grab the chance to buy more bitcoins especially if its price makes a drastic fall.So there's no chance that bitcoin will have no value,instead it will continue to grow its price if investors will chose to keep their bitcoins than selling them.

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Quote from: shoreno on June 23, 2019, 04:14:28 AM

well what do you expect ? bitcoin/cryptos are based on speculations therfore its pretty normal for the people to keep on speculating .

They were not based on speculation. At least not bitcoin. Bitcoin has its own ideology which was told by satoshi. People still found the speculative market of this "asset" and thus its price went high. That means people support it and they want to buy it.

Quote

its possible for bitcoin value's to go down but i dont think that it can slump until zero because the number of its users and the number of its market cap are way too huge . majority of those people are hodlers/investors that are not in a hurry to sell thier assets but anyways i wont agree with the op . bitcoin is not becoming expensive every single year because if its true then why the price fail year ?

It is always possible that the price of bitcoin becomes zero but the chances are very low because as soon as it starts going down whales are going to buy it back at low price. It would be a good opportunity for them to buy because it would a discounted price compared to the current price in case of a drastic fall. Again there will be naysayers but the future of bitcoin is indeed pretty bullish because of its advantages.

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Quote from: TheUltraElite on June 23, 2019, 02:59:25 AM

Quote from: Nellayar on June 15, 2019, 08:36:47 AM

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

Bitcoin may be speculated to go down but we have seen that this speculation only leads to panic among common traders. No asset is going to become zero value tomorrow especially if it is bitcoin. There are whales out there trying to catch hold of the small price markets and they will buy huge amounts as soon as bitcoin touches 1000$ so to speak or even lower. You cant imagine the amount of spare money they have ready to buy if such targets reach. On the bright side your investment will be kept safe by the bouncing prices.

Still if you dont like this risk then you should not trade at all.

well what do you expect ? bitcoin/cryptos are based on speculations therfore its pretty normal for the people to keep on speculating . its possible for bitcoin value's to go down but i dont think that it can slump until zero because the number of its users and the number of its market cap are way too huge . majority of those people are hodlers/investors that are not in a hurry to sell thier assets but anyways i wont agree with the op . bitcoin is not becoming expensive every single year because if its true then why the price fail year ?

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Quote from: Nellayar on June 15, 2019, 08:36:47 AM

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

Bitcoin may be speculated to go down but we have seen that this speculation only leads to panic among common traders. No asset is going to become zero value tomorrow especially if it is bitcoin. There are whales out there trying to catch hold of the small price markets and they will buy huge amounts as soon as bitcoin touches 1000$ so to speak or even lower. You cant imagine the amount of spare money they have ready to buy if such targets reach. On the bright side your investment will be kept safe by the bouncing prices.

Still if you dont like this risk then you should not trade at all.

barbara44

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2018 wasn't even an exception, if you bought at all time high of 2017 December peak then yeah you would be down right now but the 2017 lowest is still lower than 2018 lowest which means if you managed to buy at 2017 lowest than you would be still in profit x3+ even on the lowest price of 2018 so the yearly lows is a great indicator of bitcoin going up.

For example, if you bought this years lowest (which was about 3.4k if I am not wrong) you would still be profiting even today let alone god knows how high we will be in 2020 so it would be a great investment for anyone. The issue is we are always too late to understand what the lowest will be, it goes down and we think that is bottom and we buy which afterwards it goes down even more, that is why knowing bottom is more important than knowing the top.

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Quote from: joniboini on June 15, 2019, 09:38:31 PM

snip

It might worth zero in 3 years, but the possibility is so small. If we talk about price history, we got higher low (compared to the previous ATL).

You can separate your Bitcoin between long term hold and for trading. Just because you trade it doesn't mean you can't hold it.

It is fine to think about all the possibilities but as you said the chances that bitcoin is going to be worth zero in 3 years is very low, the more I think of bitcoin and its capabilities and how it compares to the rest of the currencies of the world it becomes apparent that bitcoin is way better than all the fiat currencies even in its current state and once we can get instantaneous confirmations then we will be able to use bitcoin everywhere.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

The yearly lows gets bigger as the years goes by. The lowest in this year is not going to be the same lowest as we had in the last two years and so on. But that's not benefiting anyone in any way unless you're one of those that invested in the earlier time and have hodl till now, cause you know that even if drops you will still have some thousands of profits left. But if you started in 2017 and the price dropped this low, it's likely that you have lost some of your money. The yearly low increase shows that the community is growing every year.

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Quote from: redsun114 on June 15, 2019, 07:00:51 AM

That is why I think yearly highs are important too, between the yearly lows and yearly highs we can see that bitcoin is something that moves a lot in a year, it goes up and down a lot in a single year which tells you there is more chance to trade bitcoin daily than there is a chance to just buy and let it be.

It's easier said than done. Trading daily or swing trading needs time and skills, which most people don't have. You can, of course, choose to do it, but you need to prepare with the stress, risk, money management and so on. If it were me, I'd not do it. Long-term trading is probably the best option.

Quote from: Nellayar on June 15, 2019, 08:36:47 AM

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

It might worth zero in 3 years, but the possibility is so small. If we talk about price history, we got higher low (compared to the previous ATL).

You can separate your Bitcoin between long term hold and for trading. Just because you trade it doesn't mean you can't hold it.

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Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

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The difference between people who are long term holders and short term holders is the fact that short term people want to make money quickly and get out which then makes the yearly lows useless for them.

I am normally a long term holder except few times where I needed money but considering the fact that even I as a long term holder had to sell the yearly lows could become even more useless since short term is not caring and long term may be forced to not care it. That is why I think yearly highs are important too, between the yearly lows and yearly highs we can see that bitcoin is something that moves a lot in a year, it goes up and down a lot in a single year which tells you there is more chance to trade bitcoin daily than there is a chance to just buy and let it be.

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Quote from: Yamifoud on June 11, 2019, 07:13:39 PM

Quote from: Julunguul on June 11, 2019, 06:02:18 PM

Quote from: smyslov on June 05, 2019, 11:06:36 AM

Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

We are not done with this year yet for us to be talking of moving into anotheryear, to me, this year is still early because we have just exhausted the first half of the year and I believe that there is still greater things that lies ahead for the remaining parts of the year that will make this year end with better position than what it is now.

For next year is expected to be a new year, I am also optimistic that it will be a year that will have a very great record in the history of Bitcoin, I believe we will reach the ATH we have never reached before which will be very surprising to a whole lot of people only if they are patient to witness it.

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Quote from: whirlcoin on June 13, 2019, 01:58:33 PM

Quote from: shitexpress on May 30, 2019, 05:21:33 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

That doesn't make sense. How long will you wait for bitcoin to be stable? bitcoin determines its price from the supply and demand to forget the stability of bitcoin and that will never happen. Doesn't the volatility gives a gradual change to the bitcoin's chart? How can you say like that?

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Quote from: South Park on June 13, 2019, 12:07:51 PM

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...

I have nothing against those who trade on a daily basis, or those who sell / buy whenever they get an opportunity to profit. But I still think that significant profits can be achieved in the long run which is clearly visible if we look at the history of bitcoin.

When bitcoin loses its value against $ from $20k to $10k and lower this is big news, a great opportunity for all opponents to say one more time that bitcoin is dead, it is ponzi sheme or just rat poison squared. But when Apple lost $450 billion in value, this is just a normal occurrence on the stock market.

It's just an example that investing in stocks or anything else carries great risks, and that bitcoin is not so bad how they want to show it.

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Quote from: creeps on June 13, 2019, 06:48:51 AM

Quote from: kamudd on June 12, 2019, 09:26:15 AM

Quote from: Adriano2010 on May 30, 2019, 07:21:51 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.

Exactly.Bitcoin has proven to be very expensive as time passes by and it will definitely make a high surge even in the coming months and years.So if we just only follow the basic strategy of buying low and selling high,it will still give us huge profits in the long term of holding.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

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Quote from: Lucius on June 13, 2019, 06:07:52 AM

Quote from: shitexpress on May 30, 2019, 05:21:33 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.

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Quote from: kamudd on June 12, 2019, 09:26:15 AM

Quote from: Adriano2010 on May 30, 2019, 07:21:51 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.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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.

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Quote from: Adriano2010 on May 30, 2019, 07:21:51 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.

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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.

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Quote from: Julunguul on June 11, 2019, 06:02:18 PM

Quote from: smyslov on June 05, 2019, 11:06:36 AM

Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

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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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Quote from: Julunguul on June 11, 2019, 06:02:18 PM

Quote from: smyslov on June 05, 2019, 11:06:36 AM

Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

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Quote from: smyslov on June 05, 2019, 11:06:36 AM

Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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, 03:51:43 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.

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

Quote from: blockman on June 08, 2019, 04:58:16 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.

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Quote from: blockman on June 08, 2019, 04:58:16 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.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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.

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Quote from: TheUltraElite on June 10, 2019, 08:10:50 AM

Quote from: trickyriky on June 07, 2019, 10:07:44 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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So anyway, I applied as a merit source :)

Quote from: trickyriky on June 07, 2019, 10:07:44 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.

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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?

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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. !!!!!!!!!

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Quote from: kaya11 on June 06, 2019, 01:36:32 AM

Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

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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.

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Quote from: davis196 on June 01, 2019, 11:38:23 AM

Quote from: shitexpress on May 30, 2019, 05:21:33 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

There's only one way of the US dollar value and it is DOWN.The fiat money printing monopoly creates only inflation and ruins the value of people's savings.The dollar value doesn't increase,the other currencies decrease in value faster than USD.

https://bitcointalksearch.org/topic/m.51309990

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So anyway, I applied as a merit source :)

Quote from: Vaculin on June 05, 2019, 06:57:36 PM

Yes. Bitcoin is giving us more profits every year because obviously its price is gaining more growth as years goes by.

Not sure where you are getting this idea because the market caps rises and drops everyday and so does the price. You are wrong that every year price rises - the prices fall as well. Year 2018 was a good insight into how manipulated the prices can become.

Quote

Just invest in a long term and definitely you'll make big profits if you also invest with more patience and dedication in the crypto market.

That is correct though. Long term value of bitcoin is rising. But the last 2years have been up and down and even today bitcoin is below the 10k mark which is low according to many bullish traders.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

The lows for every year is always above what it was in the past years. Just take 2016 to 2018 as an example. In 2016 the lowest price of bitcoin was around $600 and in 2017 was around $800 before the bull run that took the price to almost $20,000 and it then dropped in 2018 to a lowest of $6000 which is way above that of 2016 and 2017. Though this year was different, Lowest this year was $3,300 before this uptrend that we are seeing now. So the lowest price for every year is likely to be above the lowest for the previous, but still if you invest at the wrong time you're still losing, doesn't change anything.

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Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

Yes, I have seen this clearly. but we should not compare it at a time when no one knows it. Because when the market has only a few hundred people, manipulating the price to double is an easy task. But when our market has grown as it is now, we should compare it in years. The last 2018 was a huge failure for many investors and it created wealth for a few people.
But I still believe that, BTC is still on a good growth and it can break the $ 10,000 threshold in 2019.

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Winding down.

Quote from: Shenzou on June 01, 2019, 05:57:14 PM

Quote from: shitexpress on May 30, 2019, 05:21:33 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

This only shows how wrong some people out there who say that bitcoin is not a good long term investment as it is not predictable, and here is a proof that year after year bitcoin never stops to surprises us and shows that it is the best investment out there and you can safely store you money in it as a saving, you just have to believe and support bitcoin and just be patient and it won't let you down.

Yes. Bitcoin is giving us more profits every year because obviously its price is gaining more growth as years goes by. Just invest in a long term and definitely you'll make big profits if you also invest with more patience and dedication in the crypto market.

pixie85

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I've noticed it years ago but I wasn't looking at the lows but at the highs. Watching the charts made me realize that if you buy bitcoin when it's going down no matter from where you will always make profit within a year or two.

If you saw bitcoin going down after the 2013 bubble and bought at the first sign of slowing down in the first dead cat bounce somewhere around 500 dollars you could make a lot of money in the same year 6 months later when it was trading at over 650. If you didn't and just held you only had to wait for 2 years to profit. If you bought at 10 thousand or above you will still profit after 2 years. If you bought lower you had to only wait for 1 year or less to profit.

Finestream

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Quote from: smyslov on June 05, 2019, 11:06:36 AM

Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

Well what we have here are just pure speculations except for those previous years wherein bitcoin price had made a high surge.But as far as i know,bitcoin can be more profitable if you learn to hold it for more longer years because its price will surely grow in time too,especially if you do buy low and sell high strategy.

smyslov

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Quote from: pinkpanther03 on May 30, 2019, 05:44:51 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.

el kaka22

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

Yearly low is a good understanding of how it always goes up but it is missing the main point of how it also goes up every year as well. I mean the price is going up for sure but at what cost exactly? Are we really willing to go to 20 thousand dollars and back to 4 thousand dollars again for example? If you were given a switch and make bitcoin go 20 and then drop to 4 would you take it?

Maybe for personal reasons to profit you would but aside from the in a market stance it would be horrible. That is why market lows are great indicators showing how every single year it is going higher and higher and that means in 5-10 years it will be at over 100k for sure but we should also take a look at yearly highs to see the differences and try to at least stabilize it a bit.

gantez

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Quote from: Kevin77 on June 03, 2019, 11:48:18 AM

So, because of the bad timing the 2018 low will be 3.2k as far as I know and the 2019 low will be 3.4k but since we are going up now the 2020 low will be a lot higher probably as long as it doesn't fall once again.

So long 2020 has not come or we are even yet to see the market close for 2019, I wouldn't predict or look at any future yearly low for the two years, that is , the 2019 and 2020. The fact that we have seen such low already this time that put shaver on people's knees, it speaks a lot of what could come.

Kevin77

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This year will be a bit different than the last year. Normally, the lows are a lot higher than the previous year because the highs and lows happens during the middle of the year, this year the peak was at 2017 December and then it all went down from that hitting as low as 3.2k on November/December levels and then hit 3.4k but than the new year started.

So, because of the bad timing the 2018 low will be 3.2k as far as I know and the 2019 low will be 3.4k but since we are going up now the 2020 low will be a lot higher probably as long as it doesn't fall once again. That is why even the yearly lows are not showing how much bitcoin usually goes up every single year if you take the yearly price average and see how much it was most of the time during that year then we can talk about how much it goes up every year.

Thirdspace

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Quote from: shitexpress on May 30, 2019, 05:21:33 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?

isn't that how traders do technical analysis?
by connecting these lows to draw support line, and highs for resistance line
the support line shows an increasing pattern means more supporters on bitcoin through the years
why it's increasing? more bitcoin adoptions, more people investing, and etc...

BitHodler

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Quote from: davis196 on June 01, 2019, 11:38:23 AM

There's only one way of the US dollar value and it is DOWN.The fiat money printing monopoly creates only inflation and ruins the value of people's savings.The dollar value doesn't increase,the other currencies decrease in value faster than USD.

I think it's more so that people ruin their own savings by not allocating a portion of it to different (more promising) assets. Everyone by now knows that fiat only loses purchasing power, but not everyone hedges against it.

I'm not sure if it's mainly ignorance or just the average people being very risk averse, but it's quite shocking how they let it happen and watch their savings (they worked their entire life for) depreciate a percentage or two annually.

Bitcoin has gone up so much throughout the years, that it has undone every lost percentage in purchasing with just its first bull run years ago, and when you add the bull runs that came after that it's even more impressive.

Buy Bitcoin short central banks. Pretty much that.

Xampeuu

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Quote from: Shenzou on June 01, 2019, 05:57:14 PM

Quote from: shitexpress on May 30, 2019, 05:21:33 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

This only shows how wrong some people out there who say that bitcoin is not a good long term investment as it is not predictable, and here is a proof that year after year bitcoin never stops to surprises us and shows that it is the best investment out there and you can safely store you money in it as a saving, you just have to believe and support bitcoin and just be patient and it won't let you down.

right, with the increasing number of people who trust bitcoin, it will increasingly increase the price. because it has an impact on investment confidence in bitcoin, therefore it is not surprising that every year the price rises

Shenzou

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

This only shows how wrong some people out there who say that bitcoin is not a good long term investment as it is not predictable, and here is a proof that year after year bitcoin never stops to surprises us and shows that it is the best investment out there and you can safely store you money in it as a saving, you just have to believe and support bitcoin and just be patient and it won't let you down.

josephdd1

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

Honestly I think bitcoin is just too young for such price analysis to accurately reflect and predict the market dynamics. Most huge volumes are just whales moving around their money. regular traders and users barely make a blip on the market charts

davis196

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

There's only one way of the US dollar value and it is DOWN.The fiat money printing monopoly creates only inflation and ruins the value of people's savings.The dollar value doesn't increase,the other currencies decrease in value faster than USD.

Cnut237

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

My thoughts are that given the huge volatility of bitcoin and the fact that over a long period of time we have had orders-of-magnitude level changes, then a straight linear price chart will tend to just show the most recent price variations, with anything historic effectively smeared to a flat line. So if you want a better indicator of the trend, I'd say switch the chart to log view, as below.

My conclusion from that would be that we are moving upwards, and that price variations tend to be cyclic within that overall upwards trend. So good news, people, hold onto your bitcoin and buckle up for the ride ahead!

guoyu78

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Quote from: akram143 on May 31, 2019, 12:16:15 AM

Definitely the increment is happening but not in a huge way it slow and steadily developing but this year will not be the end for Bitcoin and we can expect the next year also developing and I think more than this year the next year will be more powerful for the development of Bitcoin and the good other cryptocurrencies

I so much love the way the price is increasing slowly and steadily, don’t you think it is better than that abnormal increment that usually bring about rush for dumping when the increase comes as a shock to people, but as this price increase and picks the next higher value, it gives people time to get used to it and not see it as strange thing to panic sell before picking the next one.

Imagine that bitcoin started shooting from like $4000 none stop to $9000 without all these corrections at every $500 or $1000 increase, then maybe dropped suddenly from that $9k to $8.5, people would have panic sold massively and we would have probably recorded ATH by now which will be lower than the previous ATH and back to bear market.

Genemind

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Bitcoin doesn't have to prove that it's better than any currencies like USD. It has its own value and it works in different way.
We can't compare the changes of physical money with a digital currency because they both play their own roles.
Usd will surely increase in years and so as Bitcoin because there were changes and developments that have existed.

Ailmand

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That's the reason why Bitcoin is considered as a great way of investing. It's best for a long term hold. However, the difference if dollar could remain stable on the same value but Btc could drop down despite the fact that it could rise higher than Usd because of its volatility.

virendarnagpal

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Bitcoin is though very easily usable but it is risky money / investment. Anytime it may move to any direction.
Fluctuating value is just one drawback otherwise no other currency / coin can match it.
It has not been able to touch the price level of 2017. So if one wants to earn via investing here must be ready to take risk of losing too.

xvids

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This is a perfect example that no matter what happens Bitcoin would surely grow in the future,
We have seen it from the past and might see it in the future the world is adopting and keep on recognizing crypto,
So for sure in the future almost everyone would know or use crypto and it would drive the price up .
As we could see in the past 10 years more and more people are getting into crypto and as the year past by the number of people who use or know it increase just like the price of each BTC.

akram143

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Definitely the increment is happening but not in a huge way it slow and steadily developing but this year will not be the end for Bitcoin and we can expect the next year also developing and I think more than this year the next year will be more powerful for the development of Bitcoin and the good other cryptocurrencies

wahyu wida

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Quote from: Oceat on May 30, 2019, 05:26:46 PM

That's why it is better to accumulate more Bitcoin and HODL it for more years since the price is always increasing every year. Bitcoin never ceases to amaze me every now and then that why i really like to HODL more of it. It is a better investment if you are planning to hold it for too long and that would mean you have to wait upon waiting you also have the patience to wait.

Sooner or later Bitcoin will gain more trust in society and it will gain a lot of new investors every year.

rapid development and supported by public trust, making bitcoin increasingly sought after, especially for those who want to invest. by looking at this potential, there are many who equate bitcoin like digital gold.

Oceat

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That's why it is better to accumulate more Bitcoin and HODL it for more years since the price is always increasing every year. Bitcoin never ceases to amaze me every now and then that why i really like to HODL more of it. It is a better investment if you are planning to hold it for too long and that would mean you have to wait upon waiting you also have the patience to wait.

Sooner or later Bitcoin will gain more trust in society and it will gain a lot of new investors every year.

Boh manok

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Indeed, it is very true that bitcoin has always climbed at the beginning of the year until mid-year and it has happened a few years ago and bitcoin may have nothing to do with dollar prices because bitcoin stands alone without being supported by certain parties, both internal and external

cryptjh

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The bitcoins yearly charts look stable and bullish, with higher lows in 8 out of the last 9 years, 2015 was the only exception.
https://twitter.com/ChartsBtc/status/1133741211427098625

rizkyhiw

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Quote from: Adriano2010 on May 30, 2019, 07:21:51 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.

You are here constantly talking about profits and a good future and of course that is something that most people know after a number of times seeing market movements that occur with increasing and decreasing time and certain trends, patience in this case is very important for everyone because investment takes a long time, it must be understood that the concept of investment is like that by waiting longer, in a price that is considered very cheap is a good opportunity.

Findingnemo

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

Inflation on the USD price might make the price of bitcoin more than the previous year but these growth level coming from the real adoption from new people which make new money flow into the market causing the price increasing.

LUCKMCFLY

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I think that this increase is due to the acceptance of the BAKKT that brings new investors into the market, which opens doors to investments where they practically buy regardless of the price. That is why now the price has no correction, and if it occurs would be little, because if investors come buying the price is lateralized or can continue to increase, this can be seen in a tool called uqe: tensorcharts.com where the volume indicates that purchases are generated.

jems

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Quote from: Adriano2010 on May 30, 2019, 07:21:51 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.

I agree with you, to get a big profit we must be prepared to choose a long-term investment in bitcoin. And according to some studies that I have read, bitcoin will pump back in 2020, whether it will happen or not but we must get ready immediately.

TheCoinGrabber

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And that is looking at just the lowest annual value. Despite the volatility we can see that in the long run there is an increase in value. That's why hodlers stockpile, they see the possibility of being a bagholder to be low.

Quote from: leonair on May 30, 2019, 08:48:13 AM

That's why Bitcoin is one of the best investment opportunity of our generation, it's just that many people hype about it and newbie would eventually come and if they lose a little they will rant about it but at the end of the day Bitcoin will still prosper without those negative thoughts.

I really don't think if I see Bitcoin as a digital currency because nowadays it's more likely an investment asset.

For now it's more an investment yes. It'll take wider circulation for it to transition to a more useable currency.

leonair

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That's why Bitcoin is one of the best investment opportunity of our generation, it's just that many people hype about it and newbie would eventually come and if they lose a little they will rant about it but at the end of the day Bitcoin will still prosper without those negative thoughts.

I really don't think if I see Bitcoin as a digital currency because nowadays it's more likely an investment asset.

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Quote from: shitexpress on May 30, 2019, 05:21:33 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

Any year, Bitcoin is always expensive and dollar is what gives it the value. Which means, without dollars or Fiat money, Bitcoin would not be valuable. So when Bitcoin increases, it is dollar that we are looking for on how much 1 BTC would be.

Adriano2010

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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.

pinkpanther03

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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.

shitexpress

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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

Topic: Looking at Bitcoin's price increase via YEARLY LOWS (Read 1228 times)