will bitcoin ever go down like 2018-2020 - page 3.

btc78

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Quote from: sikke on September 05, 2021, 10:49:04 PM

Absolutely not.

The days of protracted bear markets in the crypto scene are gone, I think. We are finally getting the deserved institutional accreditation and global reserve currency status that will serve as a very important stabilising force going forward.

Sure, a correction is possible. But a bear market that lasts for 4 years isn't going to come no matter how long you keep waiting for imho.

we already thought of this before Covid 19 comes , we though that after all the dumping happens in the past we will be seeing a great market with strong position , but what happened in march 2020?
is that what we can called a institutional accreditation ? i don't think so because market still panicking and moving down when there is the same scenario.

Quote from: BobK71 on September 04, 2021, 10:14:11 AM

Cryptocurrency or bitcoin is still an extremely volatile investment, prone to big swings in short timeframes. Still, everyday investors are crypto-curious. A large number of investors engage in this platform which is much more form 2018-2020. As the investment is increasing then the price of bitcoin definitely also will increase. In this concern I think there is no way to go down like 2018 – 2020.

if we had mentioned this after 2018 , but broken in 2020 so what more in the coming years if there is a much critical market than Covid 19 effect?

sikke

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Absolutely not.

The days of protracted bear markets in the crypto scene are gone, I think. We are finally getting the deserved institutional accreditation and global reserve currency status that will serve as a very important stabilising force going forward.

Sure, a correction is possible. But a bear market that lasts for 4 years isn't going to come no matter how long you keep waiting for imho.

Rajamuda

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Indeed, there will be several downside phases that will occur at a certain time, but it will not be similar to the previous years, the decline... will not result in a stable movement that continues down and even lower. We all know the popularity was increases, the demand increases, not to mention that now more companies have started accepting payments with Bitcoin, relating to the price fluctuations... I still believe it will be more likely looks to go high than the previous years.

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Quote from: BobK71 on September 04, 2021, 10:14:11 AM

Cryptocurrency or bitcoin is still an extremely volatile investment, prone to big swings in short timeframes. Still, everyday investors are crypto-curious. A large number of investors engage in this platform which is much more form 2018-2020. As the investment is increasing then the price of bitcoin definitely also will increase. In this concern I think there is no way to go down like 2018 – 2020.

a lot of investors joined in these past two years, and a lot of them are huge companies and huge celebs, this made bitcoin jump to surpass ATH easily, and as we can see now, it seems like we won't see a very big sudden dump of bitcoin's price, even though i wish that could happen and i don't think it's just me alone, so we can have another chance to buy at a very low price.

BobK71

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Cryptocurrency or bitcoin is still an extremely volatile investment, prone to big swings in short timeframes. Still, everyday investors are crypto-curious. A large number of investors engage in this platform which is much more form 2018-2020. As the investment is increasing then the price of bitcoin definitely also will increase. In this concern I think there is no way to go down like 2018 – 2020.

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Quote from: JohnBitCo on September 03, 2021, 12:25:10 PM

Quote from: idk what to say on July 26, 2021, 04:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

We haven't seen the current bull run like that of 2017 when price of bitcoin skyrockets to 20,000$. If we see the same parabolic run where bitcoin prices go as high as 200,000 to 300,000$, then we will see a similar bear run. On the other hand, if it does not happen, bitcoin may not dump as hard as in 2018.

It has still become uncertain that we can never see it happening again but honestly, there is only a slim chance due to the continuous Bitcoin adoption and high market demand. If ever there is a huge correction that comes, that is really different from what we have experienced last 2018 bear season. But with this current market trend, it is more possible to increase its value than having it going down.

Shasha80

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Quote from: Shasha80 on August 31, 2021, 02:35:06 PM

Quote from: bittraffic on August 26, 2021, 06:41:52 PM

~

With so many institutions investing long term in Bitcoin, especially since Bitcoin reached a price above $60k the popularity and demand
for Bitcoin has increased dramatically. This makes it difficult for Bitcoin to even drop below $20k, so like you said it's almost impossible to
see Bitcoin go down to $3000 again. I estimate very many rich people who collect Bitcoin, by buying Bitcoin regularly every Bitcoin has
a correction. So it is very unlikely that Bitcoin will go down like in 2018-2020.

The numbers of people who wants to invest now with bitcoin is far better than those previous years.
Bitcoin reached the interest of institutional investors.

That's one big factor that Bitcoin is enjoying now, the popularity is more wider now and interest rate
is not just speculative but more on adopting this system.

We might no longer see those old sentiments but more on succeeding to this industry.

If we study Bitcoin properly, we will realize that Bitcoin is developing very rapidly. Now that many large companies have joined for long-term
investment in Bitcoin, they do that must have done some research beforehand. If big companies start recognizing Bitcoin as an asset worth buying,
it looks like the future of Bitcoin will be even brighter. Moreover, in 2021 it is very clear that Bitcoin's performance is increasing due to
the increasing popularity of Bitcoin. Therefore the effect is a bullish trend almost throughout this year, for this reason, it is very reasonable to think
that the possibility of Bitcoin falling like 2018-2020 is very small. But knowing that Bitcoin is very volatile and is often affected by FUD circulating,
there is still the possibility to fall very deep, the most important thing is that we must be vigilant when deciding to invest in Bitcoin.

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Quote from: SquallLeonhart on September 02, 2021, 01:00:54 PM

Quote from: ?? on ??

The numbers of people who wants to invest now with bitcoin is far better than those previous years.
Bitcoin reached the interest of institutional investors.

That's one big factor that Bitcoin is enjoying now, the popularity is more wider now and interest rate
is not just speculative but more on adopting this system.

We might no longer see those old sentiments but more on succeeding to this industry.

The main reason for that is that we became mainstream and nobody put a stop into it. I know not many new people know about this but 5 years ago and since the start there were a lot of talk about "is bitcoin really legal?" and that was the main reason many people were afraid of going in. When I got into a job in 2016 and they asked me what I do, I said I buy/sell crypto and mainly bitcoins, and they told me isn't that risky and dangerous and how can I say it so easily? Meaning they were thinking I was saying something illegal that I am doing, I told them it is perfectly legal and I even pay taxes on my income and they were shocked.

So, up until the 2017 peak times at 20k, there were a lot of people who thought crypto was something illegal. Nowadays we all know it is legal in many places and that is why I believe that we should not be really too shocked about it.

We must remember that at that time bitcoin was not as well known and news about the Silk Road were still very fresh in the minds of the people and even bitcoin was being portrayed in a few movies as this currency that hackers used to make their deals, so bitcoin at that time was still looked upon as this shady Internet currency that you wanted to stay away from, but things are changing and people are seeing for what it is, which the best currency of the world and one they are going to need to survive the next crisis.

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Quote from: idk what to say on July 26, 2021, 04:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?

We haven't seen the current bull run like that of 2017 when price of bitcoin skyrockets to 20,000$. If we see the same parabolic run where bitcoin prices go as high as 200,000 to 300,000$, then we will see a similar bear run. On the other hand, if it does not happen, bitcoin may not dump as hard as in 2018.

Vaculin

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Winding down.

I'm not 100% sure about the future of Bitcoin and nobody does but just seeing how the market moving, it was too different if we compared the days after 2017 Bullrun. I'd never seen any identical trend but seeing in the opposite direction, In fact, we haven't experienced huge dump instead, we are seeing the market price still at high.

I was to admit that I've been thinking this before but too good to see we're not. Well, I think everyone is happy about this.

rahmatrf331

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Bitcoin has gained great popularity now, compared to previous years. I don't think the price will go down again like in 2018. Although, prices are often volatile, no one knows if bitcoin will continue to bullrun or return to bearish. Bitcoin price is currently around $50k and often fluctuates between $47k and $50k. to go back down like 2018-2020, it's absolutely impossible.

ultrloa

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Quote from: dimonstration on September 02, 2021, 10:51:39 AM

Quote from: Quidat on August 31, 2021, 06:14:42 PM

Really too far off to consider basing on the price that we had currently now.It might dumped but not really on the level on where we would really be heading back down.
Possibilities is there because this market is unpredictable but basing on the current trend and adoption rate then its really hard to consider that we would be going
down to those prices on where we had before into those times where we are just starting. Thing here as an investor is that you do know on when to consider on taking
step when you do see some chances.

Prices that time to now is way still far, many investors invested in 2020 during the pandemic and they new how volatile the market is yet many are entering crypto and buying bitcoin. There many institutions now who get involved in crupto andw. I doubt the price will go down or up. It will just be a matter of time where .adoption will happen and almost all big companies will join or accept it. It doesn't matter how mich the price can be, bit it will not be too low from 2018 dump.

Basically for now its hard for bitcoin to go down as the hype is now starting to build up since bitcoin already reached $50k and many people are now buying more to ride up since many speculates the target to reach at $60,000 - $10,00k again but we cannot deny the fact that price might still go down since price is so volatile and as I said earlier any big fuds could affect the price especially government forcing to shutdown its usage and other legal actions towards it. That's why we need more good news so that we cannot see this happen and we can enjoy the current market flow happening.

SquallLeonhart

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Quote from: ?? on ??

The numbers of people who wants to invest now with bitcoin is far better than those previous years.
Bitcoin reached the interest of institutional investors.

That's one big factor that Bitcoin is enjoying now, the popularity is more wider now and interest rate
is not just speculative but more on adopting this system.

We might no longer see those old sentiments but more on succeeding to this industry.

The main reason for that is that we became mainstream and nobody put a stop into it. I know not many new people know about this but 5 years ago and since the start there were a lot of talk about "is bitcoin really legal?" and that was the main reason many people were afraid of going in. When I got into a job in 2016 and they asked me what I do, I said I buy/sell crypto and mainly bitcoins, and they told me isn't that risky and dangerous and how can I say it so easily? Meaning they were thinking I was saying something illegal that I am doing, I told them it is perfectly legal and I even pay taxes on my income and they were shocked.

So, up until the 2017 peak times at 20k, there were a lot of people who thought crypto was something illegal. Nowadays we all know it is legal in many places and that is why I believe that we should not be really too shocked about it.

dimonstration

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Dimon69

Quote from: Quidat on August 31, 2021, 06:14:42 PM

Really too far off to consider basing on the price that we had currently now.It might dumped but not really on the level on where we would really be heading back down.
Possibilities is there because this market is unpredictable but basing on the current trend and adoption rate then its really hard to consider that we would be going
down to those prices on where we had before into those times where we are just starting. Thing here as an investor is that you do know on when to consider on taking
step when you do see some chances.

Prices that time to now is way still far, many investors invested in 2020 during the pandemic and they new how volatile the market is yet many are entering crypto and buying bitcoin. There many institutions now who get involved in crupto andw. I doubt the price will go down or up. It will just be a matter of time where .adoption will happen and almost all big companies will join or accept it. It doesn't matter how mich the price can be, bit it will not be too low from 2018 dump.

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Quote from: imstillthebest on September 02, 2021, 07:45:59 AM

i think yes .
there are now lots of whales , large institutions or simply called manipulators and if all of them decided to dump btc ,
btc can go to a verry low price and it can stay there if they take no actions after it but why did you ask so ? what are your reasons ,
are you going to wait for that golden moment because you want to buy more bitcoins ? well goodluck with that ,

Bitcoin always experience huge market correction after the bullish market that usually leads to new ATH price but with the institutional investors that were said to be the major investor of this season halving effect market, it hard to tell if we're going to experience the same old market replication though the market always volatile but it this season market will make us understand that the market will always replicate the old bloodbath market.

imstillthebest

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i think yes .
there are now lots of whales , large institutions or simply called manipulators and if all of them decided to dump btc ,
btc can go to a verry low price and it can stay there if they take no actions after it but why did you ask so ? what are your reasons ,
are you going to wait for that golden moment because you want to buy more bitcoins ? well goodluck with that ,

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Quote from: Shasha80 on August 31, 2021, 02:35:06 PM

Quote from: bittraffic on August 26, 2021, 06:41:52 PM

$3K/BTC is nearly impossible now when Saylor is just buying up Millions every time there is a dip. Investors all over the world now are eyeing for BTC to go down too. Obviously, BTC is now mainstream that it might be hard to see drop $20k again. It would take a lot of fud to probably drop that low because when people heard of Amazon and Walmart is about to dip their fingers to crypto, they are also buying.

With so many institutions investing long term in Bitcoin, especially since Bitcoin reached a price above $60k the popularity and demand
for Bitcoin has increased dramatically. This makes it difficult for Bitcoin to even drop below $20k, so like you said it's almost impossible to
see Bitcoin go down to $3000 again. I estimate very many rich people who collect Bitcoin, by buying Bitcoin regularly every Bitcoin has
a correction. So it is very unlikely that Bitcoin will go down like in 2018-2020.

The numbers of people who wants to invest now with bitcoin is far better than those previous years.
Bitcoin reached the interest of institutional investors.

That's one big factor that Bitcoin is enjoying now, the popularity is more wider now and interest rate
is not just speculative but more on adopting this system.

That's normal because crypto has grown over time, and since the market is quite bullish now, just as usual, it will be so attractive for the newbies but they would not last as we will not always see a bullish market, time will come that the market will correct and turn bearish again.

Quote

We might no longer see those old sentiments but more on succeeding to this industry.

can't be sure with that, let's just enjoy the current situation as the market is just like a roller coaster ride.

ultrloa

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Quote from: Shasha80 on September 02, 2021, 04:37:51 AM

Quote from: Sanitough on August 31, 2021, 03:20:19 PM

Quote from: Shasha80 on August 31, 2021, 02:35:06 PM

Quote from: bittraffic on August 26, 2021, 06:41:52 PM

$3K/BTC is nearly impossible now when Saylor is just buying up Millions every time there is a dip. Investors all over the world now are eyeing for BTC to go down too. Obviously, BTC is now mainstream that it might be hard to see drop $20k again. It would take a lot of fud to probably drop that low because when people heard of Amazon and Walmart is about to dip their fingers to crypto, they are also buying.

With so many institutions investing long term in Bitcoin, especially since Bitcoin reached a price above $60k the popularity and demand
for Bitcoin has increased dramatically. This makes it difficult for Bitcoin to even drop below $20k, so like you said it's almost impossible to
see Bitcoin go down to $3000 again. I estimate very many rich people who collect Bitcoin, by buying Bitcoin regularly every Bitcoin has
a correction. So it is very unlikely that Bitcoin will go down like in 2018-2020.

It's unlike but it's possible due to market manipulation, the future is uncertain, though these people are buying or accumulating bitcoin, one big news that could potentially shake the market would also make them panic and sell their holdings. I'm just talking about the worst-case scenario here, at least we can see what could possibly happen in the future.

What you say makes sense, in my estimation it is impossible for the price of Bitcoin to fall to $3000. But it doesn't guarantee 100% that it won't
happen, there is a worst-case scenario that might happen, considering that the market is very easy to manipulate. If that is the case, we must
prepare a plan to anticipate the worst case scenario. My advice may be to use the stop-loss feature to anticipate if the Bitcoin price falls drastically.

We cannot call it impossible since at year 2017 we didn't think the same as many people hodl for thinking that they will see more price pump but suddenly all hopes has been shutdown due to heavy bear season occur on year 2018 and so on. So even though its impossible to happen but we cannot disclose the possibilities since anything will happen in instance especially if we see a strong fuds push the market to drop badly.

Shasha80

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Quote from: Sanitough on August 31, 2021, 03:20:19 PM

Quote from: Shasha80 on August 31, 2021, 02:35:06 PM

Quote from: bittraffic on August 26, 2021, 06:41:52 PM

$3K/BTC is nearly impossible now when Saylor is just buying up Millions every time there is a dip. Investors all over the world now are eyeing for BTC to go down too. Obviously, BTC is now mainstream that it might be hard to see drop $20k again. It would take a lot of fud to probably drop that low because when people heard of Amazon and Walmart is about to dip their fingers to crypto, they are also buying.

With so many institutions investing long term in Bitcoin, especially since Bitcoin reached a price above $60k the popularity and demand
for Bitcoin has increased dramatically. This makes it difficult for Bitcoin to even drop below $20k, so like you said it's almost impossible to
see Bitcoin go down to $3000 again. I estimate very many rich people who collect Bitcoin, by buying Bitcoin regularly every Bitcoin has
a correction. So it is very unlikely that Bitcoin will go down like in 2018-2020.

It's unlike but it's possible due to market manipulation, the future is uncertain, though these people are buying or accumulating bitcoin, one big news that could potentially shake the market would also make them panic and sell their holdings. I'm just talking about the worst-case scenario here, at least we can see what could possibly happen in the future.

What you say makes sense, in my estimation it is impossible for the price of Bitcoin to fall to $3000. But it doesn't guarantee 100% that it won't
happen, there is a worst-case scenario that might happen, considering that the market is very easy to manipulate. If that is the case, we must
prepare a plan to anticipate the worst case scenario. My advice may be to use the stop-loss feature to anticipate if the Bitcoin price falls drastically.

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Quote from: bittraffic on August 26, 2021, 06:41:52 PM

$3K/BTC is nearly impossible now when Saylor is just buying up Millions every time there is a dip. Investors all over the world now are eyeing for BTC to go down too. Obviously, BTC is now mainstream that it might be hard to see drop $20k again. It would take a lot of fud to probably drop that low because when people heard of Amazon and Walmart is about to dip their fingers to crypto, they are also buying.

Really too far off to consider basing on the price that we had currently now.It might dumped but not really on the level on where we would really be heading back down.
Possibilities is there because this market is unpredictable but basing on the current trend and adoption rate then its really hard to consider that we would be going
down to those prices on where we had before into those times where we are just starting. Thing here as an investor is that you do know on when to consider on taking
step when you do see some chances.

Topic: will bitcoin ever go down like 2018-2020 - page 3. (Read 1347 times)