Today is 365 days since the last ATH

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: miningguru on December 27, 2018, 02:08:13 AM

I hope people are kept talking about the price of Bitcoin, but no one is talking about the growth and implications in the sectors has increased vastly. In the coming days based on this, we might expect higher many more companies will join the blockchain expansion. With this expansion, we might easily expect the price of Bitcoin will increase surely in the coming days.

Nothing will happen in days. And 2019 will be super boring year. A bit depressing since price of Bitcoin will mainly stay the same. A bit up and a bit down. No new people will join in o buy bitcoin. Many that joined in 2017 or 2018 will sell because they bought to get rich fast and Bitcoin value is not growing but decreasing. First new hope will show only in 2020.

miningguru

full member

Activity: 1134

Merit: 103

I hope people are kept talking about the price of Bitcoin, but no one is talking about the growth and implications in the sectors has increased vastly. In the coming days based on this, we might expect higher many more companies will join the blockchain expansion. With this expansion, we might easily expect the price of Bitcoin will increase surely in the coming days.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: b3j0 on December 26, 2018, 10:10:50 AM

Quote from: Desscount on December 26, 2018, 08:42:50 AM

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

maybe that makes sense after we are always presented with a prolonged decline and correction this year. but anything can happen, be it a sharper decrease or unexpected growth. I think at the beginning of 2019 we can better observe the many progress that goes before predicting it

I see tremendous growth in 2019, I'm sure Bitcoin has reached the bottom and now it's time for Bitcoin to go to the moon. this is not a prediction but my belief in bitcoin in 2019.

There was tremendous growth in 2018 also with Bitcoin, however nothing related to its price.

We might have more developement and good news in the new year, however it doesn't mean the price will go back up.

Keep in mind that BTC was less than $1000 at the beginning of the 2017 year, so even closing 2018 at $4000 is still considered a great gain. Issue is most new people bought late and are sitting at a huge loss and are upset. They become bears and start shorting bitcoin out of fear and greed and get rekt. Basically what happened 2 weeks ago when people were expecting $3100 to break and head to $2500 or $1000.

sunanbonang

jr. member

Activity: 242

Merit: 1

🚀🚀 ATHERO.IO 🚀🚀

Quote from: b3j0 on December 26, 2018, 10:10:50 AM

I see tremendous growth in 2019, I'm sure Bitcoin has reached the bottom and now it's time for Bitcoin to go to the moon. this is not a prediction but my belief in bitcoin in 2019.

what is the reason you say that? data shows if price increases will occur every 2 years. in my opinion the price of bitcoin tends to be stable in 2019 and there won't be any big surprises.

b3j0

full member

Activity: 714

Merit: 103

Quote from: Desscount on December 26, 2018, 08:42:50 AM

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

maybe that makes sense after we are always presented with a prolonged decline and correction this year. but anything can happen, be it a sharper decrease or unexpected growth. I think at the beginning of 2019 we can better observe the many progress that goes before predicting it

I see tremendous growth in 2019, I'm sure Bitcoin has reached the bottom and now it's time for Bitcoin to go to the moon. this is not a prediction but my belief in bitcoin in 2019.

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

maybe that makes sense after we are always presented with a prolonged decline and correction this year. but anything can happen, be it a sharper decrease or unexpected growth. I think at the beginning of 2019 we can better observe the many progress that goes before predicting it

Jating

hero member

Activity: 2842

Merit: 772

Quote from: pinoyden on December 24, 2018, 06:49:21 PM

Quote from: snipie on December 24, 2018, 02:39:10 AM

Quote from: Adriano2010 on December 24, 2018, 12:38:29 AM

No one can say 100% what will happen, but as we can see the price grow a bit, but maybe the next ATH in my opinion will be only next year when possible bitcoin value more than 30,000$ and keep the high price more time than was last ATH.

Sure the bitcoin price will rise in the next years especially around the time of halving but what is essential is the adoption, the more Bitcoin is used the more price growth is important.

dont expect too much because your expectations will only dissapoint you . this is what im always saying to myself and to the users around this forum because we oftenly predict to early but after the time comes , our predictions are always failed because cryptos didnt get on what we intented .

much better if we dont speculate at all , so that whales will be confused on what we are thinking and they may even pump the price because they want us to make a noise again .

Yes that's the correct mindset right now. Last year was different, bitcoin was rising like $1K in day so everyone was hoping to see the price go on parabolic rise, but it's not the case. I think we should have learn to adjust our strategy this year, including not putting too much expectations. It's a hard lessons but we should realized that the market won't recover and it will take more time to see it even moving to $5000-$6000 not unless there's a big news that will change the sentiments, but I'm not sure about that one so just prepare and don't put a higher expectations, imho.

pinoyden

full member

Activity: 756

Merit: 102

Quote from: snipie on December 24, 2018, 02:39:10 AM

Quote from: Adriano2010 on December 24, 2018, 12:38:29 AM

No one can say 100% what will happen, but as we can see the price grow a bit, but maybe the next ATH in my opinion will be only next year when possible bitcoin value more than 30,000$ and keep the high price more time than was last ATH.

Sure the bitcoin price will rise in the next years especially around the time of halving but what is essential is the adoption, the more Bitcoin is used the more price growth is important.

dont expect too much because your expectations will only dissapoint you . this is what im always saying to myself and to the users around this forum because we oftenly predict to early but after the time comes , our predictions are always failed because cryptos didnt get on what we intented .

much better if we dont speculate at all , so that whales will be confused on what we are thinking and they may even pump the price because they want us to make a noise again .

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: Adriano2010 on December 24, 2018, 12:38:29 AM

No one can say 100% what will happen, but as we can see the price grow a bit, but maybe the next ATH in my opinion will be only next year when possible bitcoin value more than 30,000$ and keep the high price more time than was last ATH.

Sure the bitcoin price will rise in the next years especially around the time of halving but what is essential is the adoption, the more Bitcoin is used the more price growth is important.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

This is not the first time that we are experiencing a year long bear market. If you consider ATH to new ATH as a bear market then the last bear market was persisting from late 2013 to late 2016, around 3 years. But, we do not need to be losing our confident here. This time, bitcoin will not take such a long period to have a new ATH. I am expecting $20k levels before end of 2019 or earlier to that as this time we have more adopters and ETH also may get approved.

Quote from: Adriano2010 on December 24, 2018, 12:38:29 AM

as we can see the price grow a bit, but maybe the next ATH in my opinion will be only next year when possible bitcoin value more than 30,000$ and keep the high price more time than was last ATH.

Prepare yourself. If we get into a rally which may lead to a new ATH then the stopping may be around $50k as only psychological levels will work rather than just round numbered levels. We may expect $100k by end of 2020.

Adriano2010

hero member

Activity: 1414

Merit: 516

No one can say 100% what will happen, but as we can see the price grow a bit, but maybe the next ATH in my opinion will be only next year when possible bitcoin value more than 30,000$ and keep the high price more time than was last ATH.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: hatshepsut93 on December 23, 2018, 07:04:04 AM

Quote from: gentlemand on December 17, 2018, 11:26:21 AM

People always seem to forget the bit between the end of the bear market and the start of any bullishness. That may well be the longest most dispiriting period. And that's when most people give up or businesses go bust as interest dwindles massively.

The downward slope is always filled with delusion and hope. We've had a million bottoms called which means people were still paying close attention. Once they drift away it'll mean the cycle is complete and then it's no man's land until it picks up again

This is why I believe 2019 will not bring us a new bull run, we'll probably just spend most of it at some relatively narrow price level with only occasional pump/dump. 2020 is a good candidate for the start of new bullish cycle because of the halvening, but it will also be long, the next ATH might not be reached till 2021.

Bitcoin is full of first-time investors who don't understand that investining is all about patiently waiting for your seeds to sprout, it's not some "get rich quick" thin when you buy something and then get a lambo after a few months. There's nothing bad or wrong with having long bear markets.

I think 2021 is a good bet for the next bubble. 2019 = the quiet year where everyone still thinks Bitcoin is dead. 2020 = 2016 redux, a sideways/upwards grind that confounds bears like frogs in boiling water.

You can get rich quick if you know how to recognize the buildup to a parabolic trend and you understand altcoin cycles. Most of the bull market gains occur near the end, when the market turns parabolic and eventually ends in a blow-off top. This is how all of Bitcoin's past bull markets have gone. The last bull began in late 2015, but the biggest gains were compressed into the May-December 2018 period.

First-time investors don't understand this stuff though. They mostly just buy tops based on greed and sell bottoms out of fear.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: peter0425 on December 23, 2018, 07:56:47 AM

Quote from: hatshepsut93 on December 23, 2018, 07:04:04 AM

Quote from: gentlemand on December 17, 2018, 11:26:21 AM

[.. snip..]

This is why I believe 2019 will not bring us a new bull run, we'll probably just spend most of it at some relatively narrow price level with only occasional pump/dump. 2020 is a good candidate for the start of new bullish cycle because of the halvening, but it will also be long, the next ATH might not be reached till 2021.

Bitcoin is full of first-time investors who don't understand that investining is all about patiently waiting for your seeds to sprout, it's not some "get rich quick" thin when you buy something and then get a lambo after a few months. There's nothing bad or wrong with having long bear markets.

As far as I can remember, it took at least four months after the last block halving to break from the sideways pattern that year. I'm not saying that we will see the same after the 2020 halving, but it could be months again before we can finally see a bull run.

I also agree that 2019 will just be a accumulation period and the price could only go as high as $6k with occasional pump. What could really change the market is the halving itself so we need to really wait if everyone is really serious in making a huge money.

Bitcoin price started growing in October 2015. That is more then half year before halving. This time it will start earlier.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: hatshepsut93 on December 23, 2018, 07:04:04 AM

Quote from: gentlemand on December 17, 2018, 11:26:21 AM

[.. snip..]

This is why I believe 2019 will not bring us a new bull run, we'll probably just spend most of it at some relatively narrow price level with only occasional pump/dump. 2020 is a good candidate for the start of new bullish cycle because of the halvening, but it will also be long, the next ATH might not be reached till 2021.

Bitcoin is full of first-time investors who don't understand that investining is all about patiently waiting for your seeds to sprout, it's not some "get rich quick" thin when you buy something and then get a lambo after a few months. There's nothing bad or wrong with having long bear markets.

As far as I can remember, it took at least four months after the last block halving to break from the sideways pattern that year. I'm not saying that we will see the same after the 2020 halving, but it could be months again before we can finally see a bull run.

I also agree that 2019 will just be a accumulation period and the price could only go as high as $6k with occasional pump. What could really change the market is the halving itself so we need to really wait if everyone is really serious in making a huge money.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

Quote from: gentlemand on December 17, 2018, 11:26:21 AM

People always seem to forget the bit between the end of the bear market and the start of any bullishness. That may well be the longest most dispiriting period. And that's when most people give up or businesses go bust as interest dwindles massively.

The downward slope is always filled with delusion and hope. We've had a million bottoms called which means people were still paying close attention. Once they drift away it'll mean the cycle is complete and then it's no man's land until it picks up again

This is why I believe 2019 will not bring us a new bull run, we'll probably just spend most of it at some relatively narrow price level with only occasional pump/dump. 2020 is a good candidate for the start of new bullish cycle because of the halvening, but it will also be long, the next ATH might not be reached till 2021.

Bitcoin is full of first-time investors who don't understand that investining is all about patiently waiting for your seeds to sprout, it's not some "get rich quick" thin when you buy something and then get a lambo after a few months. There's nothing bad or wrong with having long bear markets.

myohmy81

sr. member

Activity: 462

Merit: 251

Quote from: BTCGOLD on December 17, 2018, 11:15:39 AM

Is a year of time enough for the bear market? Or, will the price drops by the next couple of months?
Personally, I think that this is not the end of the bear market, and we will have to wait until 2020 for the bull run.

It seems that everything has change after those bull run that has been followed with a long year of bearish which until now we can't predict when this bearish will end. Will we go up as we seen some progress or this will look for another bottom? It's unpredictable market and the only consistent here is to keep our patience to wait for the market recovery. Bull run will happens if the market is ready to buckle-up to the new all time high...which will happen at the right time.

eminemcookie

full member

Activity: 364

Merit: 123

Quote from: figmentofmyass on December 22, 2018, 08:05:57 PM

Quote from: eminemcookie on December 21, 2018, 01:38:41 PM

Well evidently, but you would suspect that after 3+ months stuck in a narrow range that the price would move slowly in one direction, not halve in a short period of time.

in my experience, it's just the opposite. when price is trading in a tight and well-defined range, it's extremely obvious to the market when a new trend has begun. this results in a strong "thrust" as everyone piles in or out of the market at the same time.

the more time spent ranging, the more explosive the move can be too. this is probably because the more time that goes by, the more positions accumulate and the more stop orders get placed outside the range.

I guess the fear of loss or the fear of missing out has a lot to do with it. Because it takes a large push to break that range it could often times end up pushing the price direction one way or another. Thank you for the insight, I never really looked at that side of it before.

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: eminemcookie on December 21, 2018, 01:38:41 PM

Well evidently, but you would suspect that after 3+ months stuck in a narrow range that the price would move slowly in one direction, not halve in a short period of time.

in my experience, it's just the opposite. when price is trading in a tight and well-defined range, it's extremely obvious to the market when a new trend has begun. this results in a strong "thrust" as everyone piles in or out of the market at the same time.

the more time spent ranging, the more explosive the move can be too. this is probably because the more time that goes by, the more positions accumulate and the more stop orders get placed outside the range.

eminemcookie

full member

Activity: 364

Merit: 123

Quote from: BitHodler on December 21, 2018, 05:08:02 PM

Quote from: eminemcookie on December 21, 2018, 01:38:41 PM

But it's the knock-on of BCH, I don't believe it was solely responsible for the crash or this small recovery but I think they had a big part to play because they're so dominant in bitcoin mining.

It could have been a combination of factors. If you think about it, a heavily marketed hash war everywhere on social media, difficulty adjustment around the corner, then you'll be able to understand that there is room for fear to creep in.

The ABC chain at one point had like ~9EX and SV like ~4 while both combined before the split didn't even top 3EX. That's the disadvantage if you have multiple large parties competing for the same hashrate.

Overall, checkpoints made sure that neither of the sides had to continue stealing hashrate from people mining BTC. I wonder what will happen with the lawsuits against Roger and Bitmain. Wouldn't surprise me if faketoshi is stimulating it.

Wouldn't surprise me at all if CSW is behind it, they both seem fairly determined to war it nearly all costs and something has to give. With the amount of hash rate that has been diverted towards it it's easy to see why that might have had some sort of influence on bitcoin's price.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: eminemcookie on December 21, 2018, 01:38:41 PM

But it's the knock-on of BCH, I don't believe it was solely responsible for the crash or this small recovery but I think they had a big part to play because they're so dominant in bitcoin mining.

It could have been a combination of factors. If you think about it, a heavily marketed hash war everywhere on social media, difficulty adjustment around the corner, then you'll be able to understand that there is room for fear to creep in.

The ABC chain at one point had like ~9EX and SV like ~4 while both combined before the split didn't even top 3EX. That's the disadvantage if you have multiple large parties competing for the same hashrate.

Overall, checkpoints made sure that neither of the sides had to continue stealing hashrate from people mining BTC. I wonder what will happen with the lawsuits against Roger and Bitmain. Wouldn't surprise me if faketoshi is stimulating it.

Topic: Today is 365 days since the last ATH (Read 716 times)