Welcome to the new 2013 | Bitcointalksearch.org

ivanst776

legendary

Activity: 1540

Merit: 1003

Quote from: cryptoriches13 on November 04, 2017, 02:06:44 AM

I wasn't around during that 2013 rally, but with my limited knowledge and experience I'm quite confident that this isn't the same as that time. There are already a lot of arguments presented in the previous posts. But basically I think the adoption and popularity of bitcoin has risen above that of being a pump and dump.

Agreed, The good point you mentioned, bitcoin has just started its journey of success and it has more to achieve so predicting anything or saying that it has fallen is useless, even more people has came to know about bitcoin and are enjoying its blessings.

It will set records of success and will never look back, hopefully it replace paper money in future and may be used for buying necessities in daily life

wantjokull

sr. member

Activity: 700

Merit: 275

Many of the people are thinking this to happen now. Because they trust bitcoin at this point, after seeing all the hypes in bitcoin from year 2013 until today. Now they are getting greedy and trying to thin about bitcoin will fall in next month or so and then everyone can buy in bulk. No, happening of that has got less chances now, not everyone can get the chances again and again. The market cap has reached so much now that its prices are going to be stable here for very very long terms now. Im not seeing any drop to as low as $200 to $600. It could happen that bitcoin will drop all the way down to 3000 to 4000 USD but not below that for the good reason it is holding. The popularity and market cap!

cryptoriches13

newbie

Activity: 28

Merit: 0

I wasn't around during that 2013 rally, but with my limited knowledge and experience I'm quite confident that this isn't the same as that time. There are already a lot of arguments presented in the previous posts. But basically I think the adoption and popularity of bitcoin has risen above that of being a pump and dump.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: zeaderza on November 04, 2017, 01:54:11 AM

Quote from: bbs98 on November 02, 2017, 09:00:19 AM

no .. it will not be the same as 2013 because now all are familiar with bitcoin and everyone is looking for it and believe that bitcoin is worth doing.

It is on its way to peak and it’s not the end yet it’s just the starting. Bitcoin is about to make its journey and will set new records of success. It is providing good chance to earn more and is easy to be transferred , investors feel safe with bitcoin because of its quick methods and more profit. All what needed is to get enter into some promising projects.

Its not comparable to 2013 in my opinion. This year alone bitcoin has risen to 700% alone, because of several factors, and one of it was Japan, in 2013 we don't have a full backing of a country, but today is kinda different. Maybe what we are seeing will somewhat put to a halt later, but with a nation backing it up, it will not crash as supposed to 2013. Its normal to see some minor corrections, but I don't see it crashing similar to 2013. And as long as investors has faith and trust in the ecosystem, it will continue to exist and grow despite experiencing price correction along the way.

zeaderza

hero member

Activity: 896

Merit: 502

Quote from: bbs98 on November 02, 2017, 09:00:19 AM

no .. it will not be the same as 2013 because now all are familiar with bitcoin and everyone is looking for it and believe that bitcoin is worth doing.

It is on its way to peak and it’s not the end yet it’s just the starting. Bitcoin is about to make its journey and will set new records of success. It is providing good chance to earn more and is easy to be transferred , investors feel safe with bitcoin because of its quick methods and more profit. All what needed is to get enter into some promising projects.

bbs98

full member

Activity: 190

Merit: 100

no .. it will not be the same as 2013 because now all are familiar with bitcoin and everyone is looking for it and believe that bitcoin is worth doing.

JimmyButlerCollector

newbie

Activity: 52

Merit: 0

I hope it goes back to $1200..... I can buy even more at a huge discount Tongue

allocatespetrified

newbie

Activity: 9

Merit: 0

Quote from: gedor on October 13, 2017, 02:18:17 PM

https://i.imgur.com/u3fEFI3.png

https://i.imgur.com/9HB6fE1.png

Good bye

https://i.imgur.com/kjNJVZb.png

I disagree. Bitcoin will likely keep on rising and never stop as people start to use it more and it gets harder to mine.

defianttaxi

newbie

Activity: 11

Merit: 0

Quote from: gedor on October 13, 2017, 02:18:17 PM

https://i.imgur.com/u3fEFI3.png

https://i.imgur.com/9HB6fE1.png

Good bye

https://i.imgur.com/kjNJVZb.png

I don't think that this is going to happen, but thanks for the history lesson. It's possible I suppose.

naf

member

Activity: 83

Merit: 12

Quote from: Halcyon Days on November 01, 2017, 04:34:03 PM

Previous posts already discussed, why the current Bitcoin trend is different from back then and that it has gained trust and a lot of people and companies start investing in BTC.

From a chart perspective alone the current curve is still different from back then, as the typical criteria of a bubble has not been met. Whereas, the chart should go vertical at the end of a bubble phase, the BTC price is increasing steadily this time. It is still possible that it might go vertical at some point in the near future, but we are not there yet.

welcome to the vertical end!

richminded

sr. member

Activity: 798

Merit: 268

Quote from: radokan on October 13, 2017, 02:57:23 PM

Not going to happen, you can't compare 2013(almost no one heard about bitcoin) and 2017(global adoption), I can only agree that there will be correction. Back to 2000$? I don't think so.

Before, bitcoin is never heard by a lot of people and now bitcoin are getting more popular everyday so for me this thing will surely not happen, correction yeah it will happen but bitcoin will surely bounce back and soar even higher. A lot of people now are using this and bitcoin will not fall that hard no matter what known people say, bitcoin is powerful.

CryR

full member

Activity: 210

Merit: 100

kcin obazs

Quote from: AngelDeveloper on October 14, 2017, 02:34:42 AM

A massive drop would make a few people very rich indeed. Cool

Rich? you're rich if you sell many enter in bitcoin (the large marjority) based in pure fome at 4500 ~5000 even 6000k. the thuth is "A massive drop would make a few people very poor indeed"

CryR

full member

Activity: 210

Merit: 100

kcin obazs

Quote from: malikusama on October 13, 2017, 02:50:13 PM

Quote from: gedor on October 13, 2017, 02:18:17 PM

Good bye

I strongly disagree with this, bitcoin has become stronger and reliable then ever before because of its strong community/users. Although we can't deny the fact that it's price is highly volatile but the scenario you are stating is not going to happen. Very rare people were aware of bitcoin and cryptocurrencies at that time (2013) but today there is a huge differnece from the past, market has grown up and many things are modified from the past.

In one year just more than 140 billions in totalmarketcap. I dont think people wake up and "I will buy bitcoin all in" This is a massive orchestrate pump there is so much people powerfull behind this (I think billionaire people) I can't even imagine. Of corse there are fishes too who are lead by pure fomo. I belive the retrace will come and will come hard.

amaral1977

sr. member

Activity: 686

Merit: 250

I would not be that surprised with a correction to 3K. But i don´t think it will happen only to take profit. It would happen if some stupid news like "the chinese ban news" come along with an already ongoing correction. If that is not the case the dip won´t be that big as we will continue to see new money coming in from the "traditional" finance to BTC.

Halcyon Days

full member

Activity: 238

Merit: 101

Previous posts already discussed, why the current Bitcoin trend is different from back then and that it has gained trust and a lot of people and companies start investing in BTC.

From a chart perspective alone the current curve is still different from back then, as the typical criteria of a bubble has not been met. Whereas, the chart should go vertical at the end of a bubble phase, the BTC price is increasing steadily this time. It is still possible that it might go vertical at some point in the near future, but we are not there yet.

audaciousbeing

hero member

Activity: 1330

Merit: 569

I won't be quick to wish away the reason for your fear based on the slogan that the last is not a determination of the future because sometimes, that same past is always used to predict the future and most of the times we are correct while some other times, we are wrong.

I was not involved with bitcoin in 2013 but truth be told, within the space of then and now, a lot of things have happened that have made bitcoin reached this high point and there is no stopping until after the fork. However, there is need to be cautious is what we do never to get greedy to believe this is what will continue to happen all the time.

nataxa093

full member

Activity: 322

Merit: 100

Quote from: naf on November 01, 2017, 03:55:08 PM

The number of bitcoins generated per block is set to half every four years. I think this may explain the four years cycle length. In fact, I started to invest in BTC in 2017 because of this odd assumption..

I never thought about such deep technological facts. I'm just investing in bitcoin, because I know that its price will rise. And if the scenario of 2013 repeats, I'll just buy very cheap coins

Dan D. Lion

newbie

Activity: 55

Merit: 0

I know this was a strange speculation by the OP, but believe me, if Bitcoin did go back to $2,000 I would buy as much as I could possibly afford. From a long term perspective, $2,000 would look absurdly cheap.

naf

member

Activity: 83

Merit: 12

The number of bitcoins generated per block is set to half every four years. I think this may explain the four years cycle length. In fact, I started to invest in BTC in 2017 because of this odd assumption..

gedor

sr. member

Activity: 658

Merit: 255

It is happening!! God bless all of you. People don't understand that it is not bitcoin's technology or superiority that will make you rich, it is your own mind but most people are simple minded.

Topic: Welcome to the new 2013 (Read 761 times)