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Topic: Why Bitcoin won't grow fast as it was in 2017 - page 5. (Read 1405 times)

sr. member
Activity: 980
Merit: 250
What makes your analysis very reasonable.Btc does not grow fast anymore.And now there is no money to recover the market.Maybe we have to go through a long wait.
Who's money ? Since first bitcoin not use someone's money or developer's money, it is pure community. That is why bitcoin very hype in 2017, people interested and start to buy bitcoin and then make price increased very fast, if we must wait money to recover market, until when we must wait
now most of them learn usefull thing about crypto price after looking bitcoin price today.they understand cryptocurrency could not give us huge money in short time except there was big hype in market.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
In 2017, we observed the period of the hype, now it is slowing down. At this rate, we simply go out to the bear bitcoin market. The change of paradigms in the crypto-currency market is quite normal. The bitcoin rate can not be linear. But it also can`t take new heights every day. The change in the price of bitcoin should be assessed at least for an annual period, rather than comparing the current rate with the maximum value.

THIS!! 100%  Smiley

   This comment passed unnoticed by most of the people. People try to compare something that`s impossible to compare, people wish charts to be linear and to go only
up. That hype was about many new people joining, they didn`t think about technology, they just wanted to make fast profit and whales took that opportunity.
   
It doesn't have to that's why. It doesn't have to grow insanely every single year, it doesn't have to grow at all, it can go up or down or go sideways and the market owes no one an apology for dropping.

Some people bought bitcoin for quite cheap and sold it at around $20k or whatever and than there was some people who thought bitcoin will skyrocket more and because of the $20k there were more people who heard about it and wanted to get in and make some money from it seeing how everyone else did but than the market was like "that is enough of this" and started to drop and now everyone keeps asking if or when will the bitcoin price go back up because they got it too high.

Well, no one forced you to buy too high, you saw people that made x3-x5 and even x100 who knows and decided to get in and be really rich but things didn't worked out the way you want it to and now you feel like you are "owed" that x3-x5 or even x100.

   You are right, market owes no one an apology. It`s market, if you know to read it you will make some profit, if not you will lose money. Practice and learn more about it
and maybe you can be better. It`s one thing when you invest in speculative market just for profit and when you invest in technology in long-term.
hero member
Activity: 1204
Merit: 500
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.
well, this year there was a lot of news that made the price of bitcoin down. starting from banned crypto advertisements from social media, to countries that banned bitcoin. well, it certainly becomes a real fear for those who have large amounts of bitcoin, so they panic and sell the bitcoins they have and make prices not grow like 2017.
newbie
Activity: 32
Merit: 0
In 2017, we observed the period of the hype, now it is slowing down. At this rate, we simply go out to the bear bitcoin market. The change of paradigms in the crypto-currency market is quite normal. The bitcoin rate can not be linear. But it also can`t take new heights every day. The change in the price of bitcoin should be assessed at least for an annual period, rather than comparing the current rate with the maximum value.

THIS!! 100%  Smiley
member
Activity: 770
Merit: 10
https://streamies.io/
Another reason is that the market is inactive and is being adjusted to the most reasonable level. Bitcoin's price at $ 20k is just the virtual price. Now the whales are returning it to its real value and not pumping it anymore. That is what I know about our market. When the real value has been determined and the crisis passes, everything will be better than it is now.
member
Activity: 294
Merit: 10
W12 – Blockchain protocol
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.
hero member
Activity: 3052
Merit: 606
I agree with the author that now the popularity of bitcoin and cryptocurrency, though high, but the investor is already carefully looking at what to invest. In the market, there is a clear calm and the cryptovalt decides which scenario to choose — up or down.
Let's just think that cryptocurrency has its own ups and downs just like humans.There was a big bubble that happened last year and so the price suddenly become skyrocket.This year has experienced almost a year of correction where the market faced a long bearish season.But don't lost hope because after this we can expect a bull run again.Just keep your faith in bitcoin.
full member
Activity: 532
Merit: 102
I agree with the author that now the popularity of bitcoin and cryptocurrency, though high, but the investor is already carefully looking at what to invest. In the market, there is a clear calm and the cryptovalt decides which scenario to choose — up or down.
hero member
Activity: 1092
Merit: 501
because in 2017 BTC start hight grow up and there are many people notice BTC and they start invest BTC,and in 2017 there are many ICO day by day,you want invest ICO you have to buy btc and eth,with many ICO it make more people buy BTC,in 2017 is year of BTC

I think also that investors switch to invest in different ico's until now the price of bitcoin is already dump and they lost a huge profit from bitcoin for the big dumped was happen start january 2018.
It is the only mistake which can lose your money if you will not dump so you will not lose anything, but if we will dump it will lose, in beginning of 2017 price was not good but we were patient enough so people who hold their coin till the end of the year they won huge profit and those who sold earlier lost money, so same will happen this year it is good to hold as bitcoin get high price even thousands of dollar after month but needs patience so be wise and hold.
member
Activity: 223
Merit: 11
In 2017, there have been so many things about crypto coins, and I think that this is because of the rapid growth. Especially due to the rapid upward trend we experienced in Bitco, new investors joined the market and the demand was indirectly increased. In addition to this demand, we have seen an unbelievable rise after various positive news and the ongoing bull period.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
because in 2017 BTC start hight grow up and there are many people notice BTC and they start invest BTC,and in 2017 there are many ICO day by day,you want invest ICO you have to buy btc and eth,with many ICO it make more people buy BTC,in 2017 is year of BTC

I think also that investors switch to invest in different ico's until now the price of bitcoin is already dump and they lost a huge profit from bitcoin for the big dumped was happen start january 2018.
sr. member
Activity: 700
Merit: 250
What makes your analysis very reasonable.Btc does not grow fast anymore.And now there is no money to recover the market.Maybe we have to go through a long wait.
I think this will last for at least 2 years because the number of investors at this market is very low and the demand for investment is not much in recent times. If there are big news now, it will not have much impact on Bitcoin prices because the fear and the feeling of discouragement make people no longer interested in this market.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
It's ok for me that the price of bitcoin go down because in the past year the price of bitcoin is so very expensive and I can't reach how funds i will raised always remember that high price of altcoins will go down not always rising.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
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 begins
I wonder why people are even expecting to get to see some huge bull run before the end of the year, when practically there is nothing pertaining to any bullish movement at the moment and considering that the market has not even reached a stage to even start considering we are even in an uptrend yet. Growing fast is something that can only happen when we get to see some uptrend movement, and along the line some instigation of bullish movement, which in this case, nothing looks like it, at least for now. Yes, the best thing to just be doing now is to see the present moment as a means to invest for the long term.

After long bullish the crypto market will turn in to long bearish,  and this is normal price action in crypto  market. Bitcoin and others crypto wasn't growth this year like last year because  bullish changed to bearish,  but after bearish crypto will have potential to going back to bullish. That all is natural price action.
It is always more like a cycle. When one comes, the other also comes and then we have some period of consolidation in between which in this whole thing we start seeing some possibility of the market switching trend in most cases, with only patience and ability to monitor the trend, being the major attributes we should always be trying as much as possible to look at most of the time. I would not expect any fast growth either, but at the same time, it is a market and no one can tell what happens eventually, except to just chill and watch how things happen eventually.
sr. member
Activity: 448
Merit: 281
It doesn't have to that's why. It doesn't have to grow insanely every single year, it doesn't have to grow at all, it can go up or down or go sideways and the market owes no one an apology for dropping.

Some people bought bitcoin for quite cheap and sold it at around $20k or whatever and than there was some people who thought bitcoin will skyrocket more and because of the $20k there were more people who heard about it and wanted to get in and make some money from it seeing how everyone else did but than the market was like "that is enough of this" and started to drop and now everyone keeps asking if or when will the bitcoin price go back up because they got it too high.

Well, no one forced you to buy too high, you saw people that made x3-x5 and even x100 who knows and decided to get in and be really rich but things didn't worked out the way you want it to and now you feel like you are "owed" that x3-x5 or even x100.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
What makes your analysis very reasonable.Btc does not grow fast anymore.And now there is no money to recover the market.Maybe we have to go through a long wait.
Who's money ? Since first bitcoin not use someone's money or developer's money, it is pure community. That is why bitcoin very hype in 2017, people interested and start to buy bitcoin and then make price increased very fast, if we must wait money to recover market, until when we must wait
sr. member
Activity: 448
Merit: 250
What makes your analysis very reasonable.Btc does not grow fast anymore.And now there is no money to recover the market.Maybe we have to go through a long wait.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Simple answer,because whales pumped the market in December of 2017 while this year they are doing nothing to help market grow,

But we're not done either,because if was November when the prices start to grow last year,then we have another weeks to expect if this will happen again or never
jr. member
Activity: 252
Merit: 1
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.

share market take quite a toll on the trade war. else some of the money can channel in to crypto market. hope the recovery speed up.
member
Activity: 308
Merit: 10
AMA BCT
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.
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