Topic: What is coming for Bitcoin in 2018 from now - page 3. (Read 479 times)
Bitcoin is more familiar in society than any other coin, he will continue to fight on the front lines against the obstacles that continue to block. Within these three days bitcoin continues to fall may have something to do with Easter and today the price has gradually increased. I really hope this will be the start of all the upcoming improvements (bigger increase).
Even if it seems difficult for Bitcoin to rise but still, I am optimistic about recovery from the next month and I am even expecting price to hit a fresh all time high level in this year itself. There are several factors which are affecting the price of Bitcoin and market is still in the last phase of the correction process so I don't think that there is anything to worry about it.
Yup bitcoin is already on it and as you can all the market is turning green now. This is so fast that as soon as the March month has ended up the new era of the bitcoin begins too. I ma completely positive about the ATH reaching this year end and it could be faster than that as people had choice to invest at lowest possible value and most of them have done it already. So keeping that in mind and with the financial processes ending today the bitcoin seems to b energised completely and is already on the verge of increasing. Not only this but the alts are following the same patterns too. Happy bitcoining!!
Bitcoin will still be the market leader through 2018.
More institutions either accepting Bitcoin or even joining the fray.
You cannot talk about Bitcoin without making mention of its volatile market nature, and although it is a year older and wiser, it will still be a wild ride.
More institutions either accepting Bitcoin or even joining the fray.
You cannot talk about Bitcoin without making mention of its volatile market nature, and although it is a year older and wiser, it will still be a wild ride.
By end of 2018, bitcoin will be known as a high speculative asset which was over talked into pushing its price to $10,000. There is nothing new that Bitcoin can offer and it can go to $20 in the end.
Bitcoin price as shown on the graph is dropping but the point is it is pumping while dropping not dramatically dropping as a straight line, it shows that anytime it will revive, and it can pump anytime soon, so all we have is to work while stay tuning with the graph.
Even if it seems difficult for Bitcoin to rise but still, I am optimistic about recovery from the next month and I am even expecting price to hit a fresh all time high level in this year itself. There are several factors which are affecting the price of Bitcoin and market is still in the last phase of the correction process so I don't think that there is anything to worry about it.
The problem is that we don't have established valuation metrics for Bitcoin and other cryptocurrencies. I will say the only one I trust is actual price to mine 1 BTC. NVT ratio is not good but maybe just for me.
This bear market will last more and we could expect to see much lower prices. This piece by Burniske is interesting as well to handle situation of bear market: https://medium.com/@cburniske/handing-your-happiness-to-mr-crypto-market-d655da3927c2
This bear market will last more and we could expect to see much lower prices. This piece by Burniske is interesting as well to handle situation of bear market: https://medium.com/@cburniske/handing-your-happiness-to-mr-crypto-market-d655da3927c2
I have read many predictions and there are always two possible results. Its either bitcoin will go up in value or it will go down. Their evaluation of bitcoin was made in a complex manner and just like our evaluation they said that bitcoin was overvalued and that led to a correction. But in our group we predicted that the normal price for bitcoin is at 10k$ but due to the negative news that floods the net panic selling brought bitcoin down to 6k + $.
Very interesting article and conclusion. I tend to agree with researchers. Check this out:
Original source to download full research: https://arxiv.org/abs/1803.05663
Quote
We develop a strong diagnostic for bubbles and crashes in bitcoin, by analyzing the coincidence (and its absence) of fundamental and technical indicators. Using a generalized Metcalfe’s law based on network properties, a fundamental value is quantified and shown to be heavily exceeded, on at least four occasions, by bubbles that grow and burst. In these bubbles, we detect a universal super-exponential unsustainable growth. We model this universal pattern with the Log-Periodic Power Law Singularity (LPPLS) model, which parsimoniously captures diverse positive feedback phenomena, such as herding and imitation. The LPPLS model is shown to provide an ex-ante warningof market instabilities, quantifying a high crashhazardand probabilistic bracketof the crash time consistent with the actual corrections; although, as always, the precise time and trigger (which straw breaks the camel’s back) being exogenous and unpredictable. Looking forward, our analysis identifies a substantial but not unprecedented overvaluation in the price of bitcoin, suggesting many months of volatile sideways bitcoin prices ahead (from the time of writing, March 2018).
Original source to download full research: https://arxiv.org/abs/1803.05663
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