It's definitely not going to be like 2014, because the community is stronger now and I think there's going to be a big bull market in the second half of the year, and there will be a lot of big consortia joining.
It is not going to take as long to recover as it did in the past but also I do not think the recovery is going to be as fast as people think, many people are expecting the recovery to happen in the next months and that seems impossible to me especially since people are not willing to put more money in a market they see does not presents too many positive developments. 
Topic: Will 2018 bitcoin amendment price be similar to 2014? (Read 556 times)
In 2014 the biggest bitcoin exchange got hacked and huge amounts of funds went missing. In 2018 next to nothing has really happened to warrant such a dramatic increase. The only real parallel between the two is they were both large spikes followed by downtrends. 2018 shouldn't follow 2014 in being a long bear market unless something significant happens to make that the case.
yeah, because of the Mt Gox hack which took out a lot of people's money who were in the market and I think led a lot of newer people (like me) to leave the market for a few years, so the bear market was especially long. All signs point to this current bear cycle to be much shorter. Last one took 1.5 years to make the turn around and another 1.5 years to get back to around the ATH, and then a few months of ups and downs around the old ATH and then 7.5 months of boom time.
This year, if the recent boost off the bottom is indeed the start of the turn around then it only took 7 months to turn around instead of 1.5 years. I wouldn't be surprised to see $20k get hit next spring or summer and then the next boom to happen between mid-2019 and mid-2020.
Basically 2018 is looking like 2014 and 2015 combined. 2019 may very well be analogous to 2016 and first half of 2017.
Agree with last poster. Now we are seeing price being up despite bad news. This was unheard of back in 14!
it could happen because if seen since January until today bitcoin prices continue to decline and will likely go back up when near the end of the year.
Bear markets are always the same, and the possibility of seeing the same scenario playing out is there, which if we look at the charts look somehow alike anyway. Sure, a lot of people expect some movement back up in coming year, but how low this bear market is going to get is something we will just have to wait for since no one can know until it comes. A lot of things have changed though from 2014 till date, so everything is still based on speculations.
Unlike 2014, we are most probably going to have bitcoin etf in 2018 which is the most anticipated thing to happen in cryto world and it will take bitcoin to new ATH for sure.
2014 was a big year, a lot of bad things happened. The markets were fluctuating way more than the usual. We are seeing the same now. All signs are proving that we are going through the similar phase that we had gone through back in 2014. But at the end, we might just have a good bullish finish, like 2017. The market rose by 10% today, we can expect a lot more in the coming months. Hopefully, someone won't mess up some shit, or some exchange doesn't get hacked.
Year 2014 was great year for Bitcoin a lot and a lot good things happened. There was one good news after another and after each good news price of Bitcoin decreased more. Most of speculators that joined get rich fast scheme left and left space to those that were interested in technology and not just to get rich fast. In 2017 many more bad things happened to Bitcoin then in 2014. Probably was same in 213, but I was not monitoring bitcoin that much back then.
2014 was a big year, a lot of bad things happened. The markets were fluctuating way more than the usual. We are seeing the same now. All signs are proving that we are going through the similar phase that we had gone through back in 2014. But at the end, we might just have a good bullish finish, like 2017. The market rose by 10% today, we can expect a lot more in the coming months. Hopefully, someone won't mess up some shit, or some exchange doesn't get hacked.
I saw the news today, Binance CEO said, 2018 bitcoin correction price similar to 2014, what do you think?
What happened in 2014? Did it tip and then go sideway?
People keep talking about the psychology wave thing which suggests that history tend to repeat itself. I was amazed comparing the waves to the current market in 2018 as it fitted so well.
So if 2018 repeats 2014 i would not be suprised.
Bitcoin had like 5 cycles so far and all repeated the previous ones so will this one. Bitcoin should on reach bottom and then for like half year sideways and then slow growth until previous ATH and then BUM.
It's definitely not going to be like 2014, because the community is stronger now and I think there's going to be a big bull market in the second half of the year, and there will be a lot of big consortia joining.
For me it seems rather evident at this point that Bitcoin moves in big waves creating a fractal like form. Big peaks of FOMO, followed by crashes, followed by higher floors of long periods of "it's dead", and this keeps repeating.
The graph would be like this:
There's no reason to not think this will stop being the case for as long as other monies decrease in purchasing power overtime and for as long as Bitcoin remains the best way to store and move wealth.
The graph would be like this:
There's no reason to not think this will stop being the case for as long as other monies decrease in purchasing power overtime and for as long as Bitcoin remains the best way to store and move wealth.
I do not think that the price of bitcoins will go down on $1k dollars because it was just continuously increasing as the time goes by and there are still more investors more than sellers so we can expect for higher prices in the future.
Who really cares if it does as that would be giving us the chance to still keep buying more of it anyway. One thing with this market is that nothing is certain but in the real sense, $1k is a whole lot to go and if we are even to see the worst case scenario, it would be around $2k - $3k. We still have a long way to go and we cannot be assuming for the market and when it is actually time, we will all get to know the way the market is going to end up playing out.I see many traders compare the movement of coins in the previous year. I think this works and is real.
History may repeat itself and markets too but not exactly in the same manner. I am sure we are not going to have replica of 2014 in this year. This year going to be another unique year. Yes, my target for 2018 for bitcoin prices is new ATH which will be around $25k levels. 
I saw the news today, Binance CEO said, 2018 bitcoin correction price similar to 2014, what do you think?
I do not think that the market price of bitcoins will go down below $1k dollar just like what happened back in 2014 because if you are comparing the numbers of investors today \ then obviously most of the people today are preferring cryptocurrency more than fiat.
History often repeats itself in bitcoin world, so this year it may reach a record high.Maybe in 2019 it would be possible for the bitcoin to stop falling. That's my view.
everyone says "MAYBE" I hate this kind of prediction. because this is a money issue. and I invested with my personal money in large quantities.What should I do?
Wake up mate! No one can see the future and the fact that it is a market, anything is possible. Before investing, you should have known better how volatile the market is and what you should expect but that does not mean in the long term you are still not going to end up doing better with your investments. So, if you are going to be doing anything, it is to be patient, and if you can buy the DEEP dips, then do so!
I see many traders compare the movement of coins in the previous year. I think this works and is real.
So if 2018 repeats 2014 i would not be suprised.
No more surprises like what happened in the past, everything can happen as it is from the past.But I wouldn't be surprised either if the price goes crazy to the wave that we're not expecting in a positive manner. I'm bullish and wouldn't think of something that can give me worries and that will keep me thinking on how bitcoin will be ending this year.
I saw the news today, Binance CEO said, 2018 bitcoin correction price similar to 2014, what do you think?
What happened in 2014? Did it tip and then go sideway?
People keep talking about the psychology wave thing which suggests that history tend to repeat itself. I was amazed comparing the waves to the current market in 2018 as it fitted so well.
So if 2018 repeats 2014 i would not be suprised.
I saw the news today, Binance CEO said, 2018 bitcoin correction price similar to 2014, what do you think?
I do not think that the price of bitcoins will go down on $1k dollars because it was just continuously increasing as the time goes by and there are still more investors more than sellers so we can expect for higher prices in the future.
The chances are slim. After a long time of BTC trading, the average cost for most people now is $6,000. If you go back to 2014 prices, many people will go bankrupt.
I dont even think that we are going to see a huge dump during this year, it will continue like this and it wont keep going down, at least, no deeper than $6000 just like it has been during the last few days.
It is all stable now and it will continue like this
It is all stable now and it will continue like this
A temporary setback is no reason to frighten us. For 2018, we should maintain our confidence that the community of bitcoin is expanding.
For those seeking short-term profits, the situation is not optimistic. Bitcoin is very difficult at this stage, but history tells us that bitcoin has always been a suitable thing to hold for a long time.
I saw the news today, Binance CEO said, 2018 bitcoin correction price similar to 2014, what do you think?
In my own opinion, bitcoins price will never go down to the same price when it was 2014 because there are more investors today more than before and popularity of cryptocurrency is keep on growing.
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