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Topic: Welcome to the new 2013 - page 2. (Read 761 times)

hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 14, 2017, 08:23:08 AM
#35
This is not the same as 2013. Bitcoin price has been stable since August and only going up which is different from 2013 when the price spiked directly at that November if I remember correctly from 10 to 1100 dollars. Anyway I think that the price may fall down and have a correction but we are all expecting it to go higher into end of 2017 and even more into the 2018 territory. Maybe it is even Amazon who may accept bitcoin this month which is giving a boost to the price but even without it we are going to have increase in price.
Although I agree to the fact that Bitcoin had been a stable currency for a few months now and the price might spike up more than ever but I disagree to your statement that Amazon may accept BTC this month. That my friend is a rumor which people had been spreading for a long time now. There has not been made any official statement through this company regarding BTC as a payment.
sr. member
Activity: 602
Merit: 253
October 14, 2017, 08:01:09 AM
#34
I thought, omg, what was all this thing about? 2013?
So the op stated that the same thing will repeat again? Is that so?
Well, I don't think so. As of now lots of ppl are using bitcoin for many purposes, you name it.
The price is quite in a stable state. So 2013 and 2017 is totally diifferent.

I can't deny that there'll be rises and dips, but I'm sure bitcoin will find its way up to shine even more.
full member
Activity: 574
Merit: 139
October 14, 2017, 07:39:14 AM
#33
This is pure FUD. BTC is stronger than it has ever been. I bet you just sold on the way up.
I already get used to FUD.
It usually comes with higher  Grin
What I had learned is that it is best to not read news, fud and what bankers and governments say, it is best to hold bitcoins and check price every half year  Grin
full member
Activity: 210
Merit: 100
October 14, 2017, 07:23:26 AM
#32
I thought this not same as 2013 because now bitcoin is stable even sie august not like in 2013, and one big different at 2013 and 2017 is at 2013 even i can say not much people knew about btc and care about that but today is really the opposite of 2013 because at 2013 much people knew and care about btc.
full member
Activity: 168
Merit: 100
October 14, 2017, 06:40:02 AM
#31
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.
I really agree with you, because today bitcoin is becoming known by many people in all circles it will be very difficult to bitcoin back to the same price as in previous years.
legendary
Activity: 1358
Merit: 1001
October 14, 2017, 02:57:32 AM
#30
Maybe there will be some pattern,every four years we rise 10 times than fall 5 times then rise five times and than a new cycle 10 x again  Grin In 2013 we had from 100 to 1000 than during 2014 and 2015 fall to 200 than rise back to 1000 at the end2016/begining 2017. Now we"ll have 10 000 than back down and 100 000 in 2021  Grin
full member
Activity: 350
Merit: 100
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October 14, 2017, 02:56:18 AM
#29
Nice try to spread fud in the forum, you can not compare the actual price with prices from 2013. This has already been seen a lot of times in here, when the price makes more than a 5%, a lot of people start posting charts to try to compare the price with similiar charts.
I am tired of it, you should know that the price is based on how much does the people invest, and if there is no fud, then people wont sell their coins = price decrease.

true! a lot have changed to since 2013 from today, 2013 and 2017 onwards are totally different timeline with different current events, supply and demands for bitcoins. Its like judging a stranger based on your perspective from people you know.
full member
Activity: 378
Merit: 101
October 14, 2017, 02:53:39 AM
#28
While a drastic price decrease would be highly welcomed by me, merely because I would like to use that opportunity to accumulate more. I do think its highly unlikely it will be a as bad as in 2013 because now in 2017 the volumes are much higher and the there's more trust in it than it was 2013.
newbie
Activity: 15
Merit: 0
October 14, 2017, 02:34:42 AM
#27
I think everyone pretty much expects that the price will drop heavily at some point (this year). China news was a massive one and it didn't hurt it as bad as I would have expected it.

Which to me, it shows how strong of a support it has worldwide. Not only that, but financial institutions and Wall Street cash are now coming massively into crypto. A massive drop would make a few people very rich indeed.  Cool
member
Activity: 112
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October 14, 2017, 02:23:47 AM
#26
2017 is very different from 2013 as bitcoin is more known to many people. It has since established much more and it will only keep improving. The price of 2013 and 2017 definitely makes a difference as well
newbie
Activity: 22
Merit: 10
October 14, 2017, 02:20:25 AM
#25
This is too normal, by the year 2013  investor less confidence and hold it. Nowadays, investors know about its value and hold, then it price  high.
sr. member
Activity: 658
Merit: 255
October 14, 2017, 02:13:06 AM
#24
This is pure FUD. BTC is stronger than it has ever been. I bet you just sold on the way up.

I have no bitcoin, if I had, I would not sell them because I would rather hold it long term. If you are a trader or short term holder, you should care about this.
jr. member
Activity: 58
Merit: 5
October 13, 2017, 06:28:42 PM
#23
This is pure FUD. BTC is stronger than it has ever been. I bet you just sold on the way up.
hero member
Activity: 924
Merit: 500
October 13, 2017, 06:05:06 PM
#22
We have different circumstances now, and more companies involved, in case something bad happened, bitcoin price will has a lot of backers, moreover, Bitcoin is more adopted now, and it is supported by high demand.
full member
Activity: 253
Merit: 100
October 13, 2017, 06:02:29 PM
#21
It is hard to say, but it did recently go back down to $3,000 so I think $2,000 would not be that big of a stretch short term. I do think that any down turn will not last as long as the 2014-2015 period did, and we would bounce back within 6 months maybe.

Agree with this one last happened it was 3k USD I don't think that it will no longger low to 3.5 /4k if the fork will affect the bitcoin value in october25
I agree with the mindset that bitcoin will drop soon and it was good opportunity to get advantage in much lower price to buy bitcoin
member
Activity: 155
Merit: 15
October 13, 2017, 05:54:39 PM
#20
The major difference in 2017 is adoption rates and public trust. Today Bitcoin is much more trusted than it has ever been. Investment is still very very small. Today, large organizations have Bitcoin holdings...there would have to be a major event for large companies to panic sell. In 2013, people panic sold - people will always panic sell. Look what China's clamp down did. Price dropped to $3k and came right back up. Shows the market is much more resilient than it was in 2013.
legendary
Activity: 3080
Merit: 1500
October 13, 2017, 05:53:26 PM
#19
I somewhat agree with the OP because the bitcoin price will go down soon within few days when the investors around the world start booking their profit and sell their holdings. But I am certain that the price is never going to come down to 2000 USD level for sure. It may come down to 4500 USD level again and hold that position for few days before going up again. This is a very normal trend with bitcoin pricing. A huge increase in price always comes with the fear of a downfall just to become stronger again. So I am not worried about the decrease in price which is forthcoming because that will be the most opportune time to buy more bitcoin for the investors like us.
full member
Activity: 322
Merit: 101
October 13, 2017, 05:38:28 PM
#18
We're not in 2013 territory any more, too many people are involved in Bitcoin for it to be that volatile. Will it go down after the upcoming forks? Yes, probably. Will it crash? No.
member
Activity: 140
Merit: 10
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October 13, 2017, 03:57:46 PM
#17
It is hard to say, but it did recently go back down to $3,000 so I think $2,000 would not be that big of a stretch short term. I do think that any down turn will not last as long as the 2014-2015 period did, and we would bounce back within 6 months maybe.
hero member
Activity: 1190
Merit: 525
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October 13, 2017, 03:36:17 PM
#16
Well, it can happen and it may not happen... It's an unpredictable world, it doesn't mean the old events will repeat again just because we are in "similar" situations. There are some factors that could influence the price and from 2013 on all these factors evolved and turned BTC into a more secure currency as now we have more users, more business and sites operating with Bitcoins, more attention from countries on Bitcoin.

Anyway, a sabotage can happen and the price can be dropped by whales who wants to make profit over other's losses.
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