Why Bitcoin won't grow fast as it was in 2017 - page 2.

Hamphser

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Quote from: mornabo on December 14, 2018, 09:51:38 PM

Quote from: yanesna3 on November 27, 2018, 02:51:04 PM

Quote from: Vinz1978 on November 24, 2018, 06:17:18 PM

Bitcoin doesn't grow as last year because last year was a bubble that burst this year. This is the reason why bitcoin price this 2018 is full of corrections. Bu, we who knows, maybe when this beariah market stop and the bulls take over, bitcoin price might be doubled or tripled.

Its price will reach the maximum next year. First, it will be tripled. Then I am expecting the next wave of growth. I guess, now many people are disappointed in Bitcoin and sell it. Do not do it and wait.

but no one can ensure that next year the price changes as you say, no one can guarantee that, so does the predictions of many people that the end of the year prices will rise? but the fact is not so, why this year prices are not the same as last year, because conditions have changed dude, prices are affected due to environmental conditions

Environmental condition? I do rather believe that the main reason why it isn't similar on last years is that the community isn't really supporting it anymore just like way before.
Theres soo much blood in the streets and lots of people already losing up confidence or already afraid to put up money. Hard to say but the bubble had popped and the price had already
corrected.

mornabo

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Quote from: yanesna3 on November 27, 2018, 02:51:04 PM

Quote from: Vinz1978 on November 24, 2018, 06:17:18 PM

Bitcoin doesn't grow as last year because last year was a bubble that burst this year. This is the reason why bitcoin price this 2018 is full of corrections. Bu, we who knows, maybe when this beariah market stop and the bulls take over, bitcoin price might be doubled or tripled.

Its price will reach the maximum next year. First, it will be tripled. Then I am expecting the next wave of growth. I guess, now many people are disappointed in Bitcoin and sell it. Do not do it and wait.

but no one can ensure that next year the price changes as you say, no one can guarantee that, so does the predictions of many people that the end of the year prices will rise? but the fact is not so, why this year prices are not the same as last year, because conditions have changed dude, prices are affected due to environmental conditions

LuvCyanide

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The price of Bitcoin in 2017 has grown strongly due to manipulation. Bitcoin has attracted a lot of attention and investors. This year all inexperienced players left the market. There will be no such growth.

Pattart

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Quote from: RiskySanchez on November 24, 2018, 01:37:30 PM

there are many factors why bitcoin isn't shining like last year, as we know the popularity of bitcoin is decreasing and many ICOs are scam which makes investors less interested in crypto currencies which is why bad news is formed. the media is the most working killer but also the most profitable, only this year bitcoin is out of luck

there were many aspects that affected in the past year there was a lot of positive news in the media and moreover we just experienced halving before. there were many supporting factors in the past year which made prices skyrocket. whereas in 2018. conditions have changed starting from the ban on crypto use in Asian countries. Moreover, bitcoin has touched the ATH, of course the correction is sure to happen..

sametyui73

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In 2017, we observed the period of the hype, now it is slowing down. At this rate...

Arthurian60

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2017 bitcoin growth was exceptional. It was one in a million. Throughout the year 2017, it was down with high percentage but towa the end of the year, it really came out well. The growth of Bitcoin in 2017 was so good that many thought it will rise to 25k and a lot of investors came in to invest.

yanesna3

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Quote from: Vinz1978 on November 24, 2018, 06:17:18 PM

Bitcoin doesn't grow as last year because last year was a bubble that burst this year. This is the reason why bitcoin price this 2018 is full of corrections. Bu, we who knows, maybe when this beariah market stop and the bulls take over, bitcoin price might be doubled or tripled.

Its price will reach the maximum next year. First, it will be tripled. Then I am expecting the next wave of growth. I guess, now many people are disappointed in Bitcoin and sell it. Do not do it and wait.

KenChanYu

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Quote from: Gaggy185 on November 24, 2018, 07:27:28 PM

Quote from: kaisa on November 24, 2018, 01:57:05 PM

I think the decline in bitcoin has been planned, because I had a chance to see someone's analysis in January 2018 which said that this year's bitcoin would drop below $ 4000. I just realized that the prediction was correct, the main factor that affected was regulation. Then other supporting factors are caused by negative issues ordered. Even so, it is possible that the end of this year will reach ATH $ 6000. IMO

I think that prediction is accidental accurate at the moment. The forecast of the market is puzzling; it's based on the situation of the cryptocurrency at the history. And now the decrease of the price is caused by the socioeconomic crisis, and the only thing you can do at now is waiting and waiting.

Precisely, cryptocurrency has an individual theory which we can differ from the past and current situation. In addition, it has a prospectus to deliver which is good to be pump and dump. All we can do now is to wait and bare our patience to keep motivating in engaging to intent a positive determination. And maybe this early months of 2019, we can see a good start of pumping, just what happened on 2017 bull run.

damar09

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maybe in 2017 is a surprise year and in 2018 is the year of bitcoin instability and maybe in 2019 years of stability

Gaggy185

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Quote from: kaisa on November 24, 2018, 01:57:05 PM

I think the decline in bitcoin has been planned, because I had a chance to see someone's analysis in January 2018 which said that this year's bitcoin would drop below $ 4000. I just realized that the prediction was correct, the main factor that affected was regulation. Then other supporting factors are caused by negative issues ordered. Even so, it is possible that the end of this year will reach ATH $ 6000. IMO

I think that prediction is accidental accurate at the moment. The forecast of the market is puzzling; it's based on the situation of the cryptocurrency at the history. And now the decrease of the price is caused by the socioeconomic crisis, and the only thing you can do at now is waiting and waiting.

Diced90

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The reason I can think of which in my opinion greatly affects the price and thus growth of Bitcoin or any other crypto is the uncertainty of the market.

Vinz1978

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Bitcoin doesn't grow as last year because last year was a bubble that burst this year. This is the reason why bitcoin price this 2018 is full of corrections. Bu, we who knows, maybe when this beariah market stop and the bulls take over, bitcoin price might be doubled or tripled.

Tipsters

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Quote from: crypmike on June 17, 2018, 07:12:27 AM

A quick recap of cryptocred’s ideas https://medium.com/@cryptocreddy/bitcoin-bull-market-considerations-de3aa0b57029

First of all, I’ll say that I’m confident that BTC will reach new heights, however, I think that this new growth in an upcoming bull market won’t be as rapid as it was in 2017. There are some reasons:

1) In 2017 majority of people just knew about a revolutionary blockchain technology, and was fascinated by it. Nowadays there is a different situation — this word is now on hearing and people won’t go here just for a new technology

2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.

3) From the technical point, the price grew in a free flight — there were no any resistance levels. Now, after this market dump, there are a lot of resistance levels have been appeared and the price will have to break all of them

4) Probably, many of people who now have minus balances will want to exit of crypto to fix their funds from losses as soon as they became green.

If you found this post useful, I will be really appreciated for +merit.

Many losses happen as alot of early adopters take profit when it was becoming hot and they were really big as it was parabolic in nature and unprecedented in so many ways in investing so the dump is really hard as well.

kaisa

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I think the decline in bitcoin has been planned, because I had a chance to see someone's analysis in January 2018 which said that this year's bitcoin would drop below $ 4000. I just realized that the prediction was correct, the main factor that affected was regulation. Then other supporting factors are caused by negative issues ordered. Even so, it is possible that the end of this year will reach ATH $ 6000. IMO

RiskySanchez

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there are many factors why bitcoin isn't shining like last year, as we know the popularity of bitcoin is decreasing and many ICOs are scam which makes investors less interested in crypto currencies which is why bad news is formed. the media is the most working killer but also the most profitable, only this year bitcoin is out of luck

Globalbitcoinl

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I think it's higher than today. because the recognition of bitcoin is growing every day. as a result, its price will grow.

royaleFlag

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Quote from: gorodi on November 13, 2018, 10:45:32 AM

Quote from: Yatsan on November 11, 2018, 02:29:59 AM

Quote from: crypmike on June 17, 2018, 07:12:27 AM

A quick recap of cryptocred’s ideas https://medium.com/@cryptocreddy/bitcoin-bull-market-considerations-de3aa0b57029
First of all, I’ll say that I’m confident that BTC will reach new heights, however, I think that this new growth in an upcoming bull market won’t be as rapid as it was in 2017. There are some reasons:
1) In 2017 majority of people just knew about a revolutionary blockchain technology, and was fascinated by it. Nowadays there is a different situation — this word is now on hearing and people won’t go here just for a new technology
2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.
3) From the technical point, the price grew in a free flight — there were no any resistance levels. Now, after this market dump, there are a lot of resistance levels have been appeared and the price will have to break all of them
4) Probably, many of people who now have minus balances will want to exit of crypto to fix their funds from losses as soon as they became green.
If you found this post useful, I will be really appreciated for +merit.

Ideally bitcoin is quite stable for now because it is already grown, who thought bitcoin could reach this far? at $6000? about a few years ago it is just a mooning speculation but it happened last year. Another thing why bitcoin does not giving signs of hype this year because lot of altcoins are showing positive outputs and great player in the market right now.

Bitcoin stability lets me think that this cryptocurrency will not change its price critically for at least several years. I am looking for the bears market but now, I do not know when it comes. Still hope, everything will happen this winter.

Yeah, I agree. If you are saying it will keep on this price for so long time and can increase in gradual fashion then yes, it is more likely to happen in this way. But we still can’t predict.

Flor1982

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The most common reason is the bearish market which still in effect that this bearish was happen due to lot of factors like FUD, scam, regulations, and possibly the market manipulation. If these things are in crypto space then for sure it will make most of the people to stay away from Bitcoin in fear that no wonder of why this year the real demand is average decreasing.

worldofcoins

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Because the fear of losing overrides investment attraction. Too many people experiences loses which they're not happy with and that's not because of trading but simply because the market is too sensitive to news and reactions, causing huge price drops.

lamadu3

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Quote from: Robertqueen2 on November 12, 2018, 05:24:35 AM

Bitcoin grows slowly for the reason it has the enough time to establish a solid system. What happened in 2017 with the rising of prices is just to make media frenzy and to most people attentio

I suppose, the next slash of Bitcoin price will happen, but we do not know when. People are very interested in the cryptocurrency. I see that even in my surrounding, many guys are eager to buy BTC.

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