Realistically, how do you think bitcoin will perform this year? - page 4.

iqlimasyadiqa

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Quote from: GetOutOfMyLife on January 19, 2018, 02:27:12 AM

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

Bitcoin currently still has many opportunities to experience an increase in prices, has begun to see that currently Bitcoin users begin to apply the use of Bitcoin in everyday life. Although a few days ago there was a decline in prices due to the intervention of several countries that do Bitcoin baned regulations. But this does not last long, now we can begin to see the result that there is an increase in volume on the number of market share transactions Bitcoin in the world.

I am optimistic that this will further strengthen Bitcoin as one of the financial systems that will be used in the future.

InvoKing

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Quote from: GetOutOfMyLife on January 19, 2018, 02:27:12 AM

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Good days but it will return, and personally I do not count the price shown on the small exchanges in different regions of the world. Small volumes = high fluctuation of the price.

Quote from: GetOutOfMyLife on January 19, 2018, 02:27:12 AM

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

The price will keep fluctuating essentially between $11k and $13k for several days or maybe weeks but it will at some point rise again. The question is when? I think at the end of February.

pawel7777

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If everything stacks up in bitcoin's favour expecting ~$50k by the year-end doesn't sound unreasonable.

But further major countries crack downs on crypto could and will sway the price in the opposite direction.
Things like this are pretty concerning:
https://www.express.co.uk/finance/city/907121/bitcoin-Cryptocurrency-price-risk-bans-Emmanuel-Macron-Angela-Merkel-France-Germany

Further, stricter regulations (if not complete ban) seem inevitable. Laundering money with btc is not wide-spread yet, but it's pretty easy.

nl247

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You did not get comments obviously because no one can know exactly how bitcoin will end up fairing this year. We can only be optimistic that with segwit being increasingly adopted and LN in the picture, things can get better but who knows what the outcome of all these will still end up as?

Early last year, if you had ask me this question, do you think it would have been realistic if I mentioned to you that bitcoin would hit almost $20k? No one would have even believed $10k. I guess we just have to wait and see, hoping that we get another nice ride this year but I won't be too relaxed waiting for it, so I will rather just follow trends and wherever it leads us, good and fine.

GetOutOfMyLife

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Safein Community Manager

No comments? I'm looking to make an average of everyone's estimation and update the OP with it after I've received a significant number of replies.

GetOutOfMyLife

full member

Activity: 210

Merit: 110

Safein Community Manager

So, as many are well aware, Bitcoin saw a huge rise in 2017, peaking over $20,000 in some regions;

Of course, it would be tremendous to see those kinds of gains again in 2018, but with regulatory pressure coming down hard, bitcoin has in more difficult waters than ever before.

With segwit acceptance increasing, and the advent of the lightning network likely by year end, how does bitcointalk think BTC will perform this year, and why?

Topic: Realistically, how do you think bitcoin will perform this year? - page 4. (Read 577 times)