Topic: Why Bitcoin won't grow fast as it was in 2017 - page 3. (Read 1366 times)

I totally disagree with this one. Why wont consider on the current condition of the market? Stability might shows different possibilities but i cant
really see a reason that BTC already grown and so as with altcoins in the market. They arent almost moving and we are still keep lying low already almost
a year. Nearest possibility is that theres no so much demand which can create activity in the market.

2018-2019 is the period of bear market (so was 2014-15). But now it is a bit different, as it is much harder to advertise for the crypto industry. Therefore you do not hear in media much information about cryptocurrencies, unless you are already an enthusiast.

I think the main reason was the futures market , when bitcoin went there , professional traders with big money came to the game and this market controlled the rising of its price , also crushing of ISIS was another reason In my view because they used to use bitcoin for money laundry , and when they crushed bitcoin loses a big market of its dealers .

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.

In my opinion the situation is different.
1. For many people, this technology also remains new, just like a year ago. Yes, in 2017, the name "Bitcoin" was widely known. But do you think that many of ordinary people know about blockchain technology  in the whole? I think not. People have heard about Bitcoin, but they have no idea what it is and why it is needed. And the whole market of crypto currencies with its variety of coins in reality of these people do not exist at all.
2. I agree that after the price falls in 2018, many people will be more careful to invest in cryptocurrency, but this is not something that can really stop the rapid growth. Human psychology is such that we easily forget the bad if something good appears in our life. So with a steady increase in prices, most investors will forget about caution and will again begin to buy cryptocurrencies.
3. As for people with negative balances, the majority has long been out. Some of them surrendered and resolutely sold a whole coins in minus, and some traders simply sold negative positions to earn money on other more promising coins (or in any other way).
The main thing is that now only true believers remain on the market with negative positions. Those who are holding their coins.

The bottom line: I am sure that the market situation is not as difficult as you describe. After a while, a new rapid increase in the price of bitcoin will begin.

Not all people have earned during the crypto bull run we have experienced during December 2017, the only ones who got guaranteed profit are the whales who have started the panic selling, the rest which is the majority all suffered a loss (both in paper and in real life), this triggered a bear market which also have decreased the buyers' confidence. This is what really is affecting BTC's price right now that is why we are seeing a slow year for Bitcoin as we need to reset the confidence in the market, and the only way to do that is when we see another price rally in the market.

Bitcoin growth isn't as fast as we would like because it has hit a wall. There are many investors afraid to invest in BTC due to uncertainty factors regarding BTC price and usage.

The hype is over. Many people decided to sell Bitcoins and many cryptocurrencies. The demand in the crypto is not as great as it was in 2017. We need to wait for some time for the next bull run.

During 2017 Price Growth is very High and sudden price drop create fear among many new investors so in 2018 price growth is not so high when compared with other
years

Bitcoin has not been able to break the resistance of $7000 for months now even the much-expected rally that will usher in the last quarter of the year is like it will not happen. 2018 has been a bearish year for bitcoin and other altcoins making it really difficult for them to make new high or beat 2017 high.

Thats right, it could be like that. when there was an overbought last year and then a downtrend would occur. of course the conditions in last year made it possible for pump prices happen, like many positive news circulating, halving, and so on. so the price change was not as high as last year..

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 attention.

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.

because that caused huge sales with negative news regarding bitcoin and the crypto market as well, so with so many people selling bitcoin and their altcoins it would be faster for the market to decline and it would be very difficult to increase

its common happen to all market and not only on cryptocurrency market.if there are negative issue and sentiment come, there are massive selling happened.

In this year Bitcoin and others crypto does not growth because all crypto already overbought and crypto turned in to down trend. This is just cycle of bullish to bearish, crypto will never going up forever without going down, but after long bearish the market will has potential to change to bullish. Only trader that always patient waiting for that will make alot of profit.

the rising trend of bitcoin in 2017 was a potential thing last year. some factors including hardfork can trigger a very high increase in bitcoin prices and it can be used as a very high and significant bitcoin price jumper.

I can still go fast but not just today. The market is favorable to invest and give back when the factors that affect the market goes parallel to the market. The inflow of investments also push the market up and the spread in the investors' circle is something that has always been of prime importance. So it is not an impossibility for Bitcoin that it will grow faster than the way it did back in 2017.

That is what usually happens when you get to see the market over sold anyway as you tend to see some level of possible reversal, but we also have to understand that no matter what, the bottom may not even be reached yet even if we tend to go on a short term move upward. Apparently, judging from the fact that this market has been bearish since January, there is already a huge indication that this market has been bearish, so expecting some huge increase is something that will probably not happen, so I do not expect anyone to be thinking of the possibility of a bull run at this point in time at all.

People do compare this year with 2017 just to find why we are not having similar growth as most people have realized that new ATH is not possible in 2018. Primarily what suddenly changed in 2018 which lead to have different market conditions from 2017. But, this is how most markets do work and we cannot blame anything nor anyone for that.

From a long time, there is no any good update and good innovations in the field of Bitcoin happens and the people's efforts in term of investment and the public interest are decreasing because of continuing down price trend that is why the growth is too much down instead of 2017,