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Topic: This year is a total opposite of last year (Read 758 times)

full member
Activity: 714
Merit: 103
December 12, 2018, 12:51:14 AM
#46
Last year the people's purchasing power was too high, so this year the people's purchasing power was reduced. and people's purchasing power has continued to decline until now. besides there are a lot of ico scams now.
sr. member
Activity: 728
Merit: 250
December 11, 2018, 10:39:38 PM
#45
It's opposite than last year but I still think Bitcoin is a great investment,the price dropping is because some party try to win the hashwar and causing the price plunging, for the future I still think investing Bitcoin going to make a huge profit, think of buying Bitcoin in discount price and aim for long term
It may seem weird but bitcoin is an even greater investment now than what it was one year ago, one year ago the price of bitcoin was close to 20000 at that point bitcoin was a terrible investment because we had been experiencing a bubble for a whole year but now that we have been experimenting a crash for a year as well the price of bitcoin is many times more attractive than what it was back then.
full member
Activity: 658
Merit: 102
December 05, 2018, 06:35:01 PM
#44
I think the present price decline of the bitcoin will not lead to an end for the top cryptocurrency. This is a price cycle that every cryptocurrency can't avoid including those so called price manipulations by the whales. Many investors think that the present price of the bitcoin is still pricey and decided to wait for further price
drops  before buying again so last year's bullrun will not happen again this year it reach its bottom.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
December 05, 2018, 04:12:26 PM
#43
Like we all know, the crypto currency market is totally unpredictable. You will never know what is going to happen to the price. Even though it may sometimes follow the same pattern from previous years, but there are also chances that they will deviate themselves from the pattern. So, what ever you invest, make sure you are prepared for anything that is about to hit you hard.
full member
Activity: 812
Merit: 100
December 05, 2018, 03:10:44 PM
#42
While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?
True this year is a opposite of last year but I think we don't need to be disappointed because maybe the price is the right price for now unlike last year that so high its look like bubble that when its pop it will gone. But I believe that this the right time to buy more in the market and we see again a great price.
legendary
Activity: 1666
Merit: 1001
December 05, 2018, 09:12:23 AM
#41
It's opposite than last year but I still think Bitcoin is a great investment,the price dropping is because some party try to win the hashwar and causing the price plunging, for the future I still think investing Bitcoin going to make a huge profit, think of buying Bitcoin in discount price and aim for long term
hero member
Activity: 2828
Merit: 518
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December 04, 2018, 06:37:49 PM
#40
In a way this was to be expected, it was impossible to have such a great year like the one we had an then expect the price will skyrocket again in the next year, we need the bear market that we are seeing, I know many will not agree with that posture but when the price skyrockets during the next years you will be grateful that you held your coins during this difficult bear market while many other didn't.
Though it is a big opposite from last year event but still to be consider as a good investment and good price to start with. May new starters will start for now and make profitable after much probably early next year.
sr. member
Activity: 728
Merit: 250
December 04, 2018, 05:01:11 PM
#39
In a way this was to be expected, it was impossible to have such a great year like the one we had an then expect the price will skyrocket again in the next year, we need the bear market that we are seeing, I know many will not agree with that posture but when the price skyrockets during the next years you will be grateful that you held your coins during this difficult bear market while many other didn't.
legendary
Activity: 1834
Merit: 1036
November 29, 2018, 06:25:39 PM
#38
What people thinks is that history can repeat it self, I myself thinks that what happened last year may happen this year. it may came late this year. But looking at the reasons of the bull run last year, I don't think we are going to have it anytime soon. No positive news to trigger the market on a bull run and instead negative news are more out there.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 29, 2018, 06:15:50 PM
#37
This is just a fall for me. No matter how deep it is from the ATH, still I haven't think this is the end of this coin. Pretty sure it will recover soon just like what btc did before and we are still in 4-digit price. The only hope for this year is just the bakkt but if the price didn't make atleast a little recover. Then I guess, deep will continue next year.
While you are correct when you say that this is just a fall in the price of bitcoin for many, especially those that invested when bitcoin was 20000, the price we are seeing is a tragedy, they were already very mad that they invested at the worst possible time in the market but now they are discovering the bear market that affected them so much is not close to being over and that the market is going to keep going down for a longer amount of time that they thought possible.

Those people are desperate and will probably sell their coins even if they know that doing it is going to be one of the worse decisions that they could take, but they cannot longer take any more losses and will probably leave the market and never return to it.
full member
Activity: 980
Merit: 115
November 22, 2018, 01:23:00 PM
#36
While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?
I really agree with you and that is why we should takes it as it comes.  Bitcoin has been going downward since the beginning of the year and the current price is the lowest it has gone since January till now.  I think we should not expect much for the remaining days of this year but we should be hopeful that next year will be a surprise to all of us.  Bitcoin is going to be bullish next year like 2017.
copper member
Activity: 381
Merit: 1
November 22, 2018, 12:22:24 PM
#35
Although this year is the opposite of 2017, but bitcoin will not end this year. Even though the price of bitcoin falls very low, bitcoin will be able to survive and will lead to its recovery.
member
Activity: 378
Merit: 10
November 22, 2018, 09:56:07 AM
#34
This is the effect of the bubble run of last year and the market will perform a correction due to some overvalue of crypto. It just a surprised on me to realize how strong the rally of last year and then slowly declining to hit the bottom for just a year.
member
Activity: 383
Merit: 10
November 22, 2018, 09:33:19 AM
#33
you are right that many investors have benefited in the past year and for this year the growth has decreased so indirectly the risks that we get with prices and developments cannot be guaranteed in the future the main capital confidence and patience that we need in investing this year
newbie
Activity: 33
Merit: 0
November 22, 2018, 05:17:36 AM
#32
As this year is a total opposite of last year, so will next year be opposite of this year. As more people will bow out of bitcoins as a result of lack of faith in , bitcoin will rise again in next year and will sour over the price it was even in last year 2017.
Well, indeed it is a total opposite from last year since their is no guaranteed that last year same to be exact this year. Many users really expects that bitcoin could soaring high this year but it does not happen. Hopefully next year their is a big difference that bullish run can happen so we can have a profit record in our portfolio.
Yeah this is sad. There is no solid feeling coming through about bitcoin jump this year. We do think the highest prices of bitcoin, but it seems our dreams would be crushed very soon.
full member
Activity: 463
Merit: 100
November 21, 2018, 09:14:50 AM
#31
While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?


yes that is true, even this is the worst case in decline for ethereum, we cannot deny this for the year as a loss we suffered. especially after the war between the bch. and I believe that at the beginning of the year everything will turn around for growth.
legendary
Activity: 2058
Merit: 1015
November 21, 2018, 09:01:06 AM
#30
This is just a fall for me. No matter how deep it is from the ATH, still I haven't think this is the end of this coin. Pretty sure it will recover soon just like what btc did before and we are still in 4-digit price. The only hope for this year is just the bakkt but if the price didn't make atleast a little recover. Then I guess, deep will continue next year.
newbie
Activity: 37
Merit: 0
November 21, 2018, 05:13:41 AM
#29
It's really big difference of the price of the bitcoin last year and this year. Price of the bitcoin last year when comes to january until december it increase and most of us earn so much money. But when january 2018 it will decrease more and until now.
That is right. This year has been very weak in terms of the financial progress that had been witnessed last year. Since January, there had been heavy depreciation in the worth of every coins and this is why the year and the progress in the growth is very much faded.
full member
Activity: 644
Merit: 100
November 20, 2018, 03:44:37 PM
#28
While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?

Yes. Its true. Compare to the market price last year it has a huge difference.This year bitcoin often to downfall and we have no choice but to accept it. As far as I remember, Last 2017 is a good year for bitcoin market because it not like this year it raise price immediately after its downfall. Personally, I do not know what is the reason why its suddenly go down. But I believe it has a reason why it is that way.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
November 20, 2018, 02:24:27 PM
#27
While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?
I see this as a natural continuation of what happened in the last year, many people thought that after the bull market that we saw the market will keep skyrocketing and that is simply impossible, if the bull market that we saw in the last year was incredible it was completely natural that the next bear market that we were going to see was going to be unbelievable as well, and even as I knew this I have problems to accept the bear market that we are seeing.

But this is not something to be worried about, bitcoin itself is still as good as it can be, what we are seeing is a huge decrease in the demand of bitcoin, and if people do not want to buy bitcoin then it is completely natural that the price goes down as a result of that.
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