https://www.altcoinsidekick.com/blog/electronic-cocaine
Topic: Why Bitcoin won't grow fast as it was in 2017 - page 4. (Read 1421 times)
as bitcoin matures, it is slowly behaving like a stablecoin
https://www.altcoinsidekick.com/blog/electronic-cocaine
https://www.altcoinsidekick.com/blog/electronic-cocaine
It is apparent that bear market this year has been extensive more than any bearish market we've seen in cryptocurrency market. Honestly, 2018 is bear party for cryptocurrency. The support however have been stable, Bitcoin has been relatively stable not dump below $5000!
It does not just have the criteria that affect the price. Our market is being affected by a large adjustment of whales. I think the market-driven institutions have suffered losses in investing in stocks. So they will use the capital in the Crypto market to balance their portfolio. That is the main reason for our market to go down a lot.
Many people are still confused in bitcoin because they knew that bitcoin is uprising again and again. They do not know how cryptocurrency works at all. This year will be the correction phase of cryptocurrency. Bitcoin community want it to be like as what last year happened. Because 2017 hiked is a hype, 2018 becomes a gradual increases of the price. Soon, we will notice that bitcoin will beat its peaked
Logically, we are not already in the year 2017. We are presently at 2018 which is considered to be the toughest road for cryptoworld it had took since its existence. Let's just wait for the right year to come to see another set of 2017 or even more than that.
Wait a minute, it is either you are time traveler and you are currently in the future, or you are pretty much high on something. Did you even bother to read what you have written? We are not already in year 2017, we are presently at 2018? Dude, you really need some deliverance from whatever may be going on with you right now.We are in 2018 and 2017 was last year which was the year of the bulls and of course, it does not take any soothsayer to know that this is a bearish year and they can as well last pretty long too, so we should not just be expecting the possibilities of any new ATH at all this year.
hardfork's influence in 2017 could make the price of bitcoin soar at the end of the year and that caused a significant increase. so I think that's the main factor. and now there is no sign of any increase in bitcoin in 2018.
Because most of them have sold all assets when Bitcoin reaches 17500 $, then there are also those who are hit and run, as if they only want to make a profit and then leave. So the price of bitcoin in 2018 has decreased and the volume at 2017 vs 2018 is very different.
in my opinion this year the crypto market is weakening, making investors feel afraid to invest in cryptocurrency (bitcoin).
whereas in 2017, crypto was famous and made many people interested and invested.
whereas in 2017, crypto was famous and made many people interested and invested.
Bitcoin in 2018 has many factors that hinder growth. now the bitcoin movement is still unable to run stably and well. so I think it's a natural thing why bitcoin can't grow to the maximum like 2017
You may be right in what you said. The absence of any obstacle had caused the price increase and then price increased more. After seeing that the price has increased a lot, the governments have drawn a plan to counter this, which due to there was no possibility of interfering to the price from inside, so they started to influence it from the outside and these are the extended and negative news. 
Bitcoin in 2018 has many factors that hinder growth. now the bitcoin movement is still unable to run stably and well. so I think it's a natural thing why bitcoin can't grow to the maximum like 2017
Last year there was a boom, now there will be growth when the market is ready for this, when there will be a full infrastructure, we will be patient
It might take years before the main currencies (referring to Bitcoin and Ethereum) properly scale, which leads me to believe that we shouldn't hope for anything similar to what happened last year on the way up.Bitcoin hasn't seen much of an actual on-chain throughput improvement with SegWit being partly adopted, and Ethereum isn't even remotely close to have some kind of scaling solution be ready to roll out publicly.
I get it that people want to see the price increase today rather than tomorrow, but what's the point if we yet again are reminded of how easy it is to cripple this ecosystem as a whole? I'm certainly not in for that.
I have no doubt that when we get to see the scaling issue resolved, the likelihood of seeing development that would set the space up for mainstream adoption will be there, but at the same time, I would not expect that anytime very soon.
The price decline is related to the psychology of people. The price was 20k in 3 weeks without any innovation. In my opinion most people were not knowledgeable about it when price was increasing and without knowing what it was, they invested money. Maybe it is a good thing that people understand what the meaning of risk now, but learning it by losing money can be a little bad.
Last year there was a boom, now there will be growth when the market is ready for this, when there will be a full infrastructure, we will be patient
It might take years before the main currencies (referring to Bitcoin and Ethereum) properly scale, which leads me to believe that we shouldn't hope for anything similar to what happened last year on the way up.Bitcoin hasn't seen much of an actual on-chain throughput improvement with SegWit being partly adopted, and Ethereum isn't even remotely close to have some kind of scaling solution be ready to roll out publicly.
I get it that people want to see the price increase today rather than tomorrow, but what's the point if we yet again are reminded of how easy it is to cripple this ecosystem as a whole? I'm certainly not in for that.
I have no doubt that when we get to see the scaling issue resolved, the likelihood of seeing development that would set the space up for mainstream adoption will be there, but at the same time, I would not expect that anytime very soon.
The price decline is related to the psychology of people. The price was 20k in 3 weeks without any innovation. In my opinion most people were not knowledgeable about it when price was increasing and without knowing what it was, they invested money. Maybe it is a good thing that people understand what the meaning of risk now, but learning it by losing money can be a little bad.
Lots of money was poured into buying bitcoin last year and the bullruns that happened before it reached its all-time high last december attracted many investors. This biggest pump of bitcoin drew different reactions from crypto analysts from being hyped or manipulated and others call it bubble. After a fast growth, comes a slow growth this year but the price of the bitcoin seems to stabilized between $6k to $6400. Only can time can tell when will the big investors return again to pump the market.
There are many factors to be considered because last year the price went very high in the market which nobody didn't expect the sudden growth and this makes this year the price is kept falling in the market but now Bitcoin price is very stable and seems very strong at the current price.
Last year there was a boom, now there will be growth when the market is ready for this, when there will be a full infrastructure, we will be patient
It might take years before the main currencies (referring to Bitcoin and Ethereum) properly scale, which leads me to believe that we shouldn't hope for anything similar to what happened last year on the way up.Bitcoin hasn't seen much of an actual on-chain throughput improvement with SegWit being partly adopted, and Ethereum isn't even remotely close to have some kind of scaling solution be ready to roll out publicly.
I get it that people want to see the price increase today rather than tomorrow, but what's the point if we yet again are reminded of how easy it is to cripple this ecosystem as a whole? I'm certainly not in for that.
I have no doubt that when we get to see the scaling issue resolved, the likelihood of seeing development that would set the space up for mainstream adoption will be there, but at the same time, I would not expect that anytime very soon.
a number of factors nowadays, bitcoin may only grow a few percent. to grow as high as 2017 it cannot be predicted because it might not be a reference. we can't see the turmoil of bitcoin prices from now on. so that's a factor that still makes many people doubt about the price of bitcoin.
Crypto is interesting and those accumulating right now will have better chances in time to come
true, who has a lot of money and bought bitcoin now, so that person made a good investment and will have high profits in the next years
I think compared other previous year, on 2017 is the biggest grow for Bitcoin, the price of Bitcoin was growth about 30 times, and will be many trader and investor take profit from it. So when seller is more volume in the market the price will going down. In fundamental , also because too many FUD and bad news so many trader decide to sell in loss.
huh?bitcoin price grow upto 30x?When did this happen?Never heard about this mate,i believe in December 2017 bitcoin value hit $20,000 but before the growth the coin has already almost $4,000 so wheres the 30x growth from that.?or this is just a joke?I also do not understand, according to the chart, I can not see where this 30X increase comes from.
many people were fascinated by crypto in 2017, causing many new investors to emerge because they were tempted by the price last year. but after entering 2018 the price of bitcoin continued to decline and many new investors were worried because they were afraid to experience such a large loss that many people sold their investment assets and left leaving crypto just like that
I totally agree with you. They have been drawn into this game and are receiving the worst investment in their life. I think this market is in a very difficult period and any news can not make the market recover well. The best way now is to invest long term and wait for long before the uptrend beginsWe still have good news for the future.
Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November
If we have positive confirmation and in the future is a very successful project, then we will see a great future for bitcoin and the price can also rise, Is true that many people lose money because the price fell a lot, but the truth is that these people are only going lose money if they sell their coins
If the US and China do not trade war, I think Bitcoin is still at $ 15k per coin. That trade war has a lot to do with us. Investors have suffered a lot of losses when the stock market and the crypto market went down. So we need to wait for our market to recover.
Even without scaling, I really do not think, in the end, the market will not still keep going on with its uptrend. I am sure a time will come when we will eventually see the boom when the mainstream kicks in which apparently will have a lot to do with scaling as you said, but we also have to understand that even with that, the market has always been moving up with speculation. It may not be this year, but as time goes on, I believe that we will still get to see some increase and with scaling, we will even get to see more development and adoption which would even make things even more interesting.
This is not far from the truth, the analysis is so on point, their may be a price rally but it will be very unlikely to see a huge rally like we had in 2017. Looking at the history of bitcoin and when such happens, it takes approximately two years for another all time high to be recorded, meaning we may have a similar rally in 2019/2020. Crypto is interesting and those accumulating right now will have better chances in time to come
waiting patiently for the price come back.
Jump to: