will bitcoin ever go down like 2018-2020 - page 4.

Sanitough

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Quote from: Shasha80 on August 31, 2021, 03:35:06 PM

Quote from: bittraffic on August 26, 2021, 07:41:52 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.

Shasha80

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Quote from: bittraffic on August 26, 2021, 07:41:52 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.

bittraffic

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$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.

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Quote from: wheelz1200 on August 26, 2021, 06:14:26 PM

Quote from: idk what to say on July 26, 2021, 05:55:26 AM

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

Bitcoin can always go down. Will it, it probably will. Nothing ever linear goes up in a straight line, or always stays stable. If that was the case everyone would throw there money in. Crypto including bitcoin has always been volatile and will be fore the foreseeable future.

People do mind off for crypto price to move in a straight line or in a continous basis specially to those who had just recently jumped into this market without learning even with the basics.
They would only realize things if they do experience losses or once reality do really slap into their faces. Bitcoin and all altcoins in the market could neither go down or up and
this market would turn out to be boring if theres no such movement. People do really love mainly about volatility because this is where we do make money or profits.

Pulsar77

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

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

Noone can know about this. Bitcoin price is also highly volatile like every coin in this market. Noone can guarantee you about Bitcoin price not to go down to the levels back in the day. For now, it doesn't seem very likely to be honest. The market is still on a wonderful run. And we will most probably see another bull market before the end of this year. I wouldn't expect such thing while the market is having a lot of fun.

wheelz1200

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

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

Bitcoin can always go down. Will it, it probably will. Nothing ever linear goes up in a straight line, or always stays stable. If that was the case everyone would throw there money in. Crypto including bitcoin has always been volatile and will be fore the foreseeable future.

Kusman

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I don't expect Bitcoin price to go down to $10k or below for example from now on. I believe that Bitcoin has already gone over a certain level and there is no turning back to those price levels in the near future at least. To witness such thing, let me tell you what should happen. Bitcoin must start losing its popularity at a very high rate. People must leave using Bitcoin any longer. And then, Bitcoin will be affected deeply and it will be quite possible to see it being near worthless.

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Quote from: Kelvinid on August 20, 2021, 04:47:54 AM

I'm looking forward to a better price today and in the future, not for another crisis again. I think we all have this kind of optimism but we are not sure of anything for the incoming, and the chances are...we are in a dump like 2018 or go in a different direction.

Seeing the current market trend, it is likely we are losing a chance to make it happen. The continuous market adoption makes the market in high demand pulling the price going up instead of pushing it down despite the FUDs. It was time not to think and compared the past OP as we are obviously moving in a different direction.

Yes that's right, we are moving in different directions, current market conditions don't make me FUD, I believe that crypto performance will continue to soar so that our bad memory in 2019 that once dropped below $4000 will not happen again, now is the time to shift assets unproductive ones such as property, stocks or gold to buy bitcoins.

Don't do everything on so early you can fall into the dark .However as we all know we have seen btc on 4000$ on 2018 it has change within this time and now is around on 50k$ .Why you didn't buy it when it was low on its price .Actually i could not judge it on the right time .If we could we can be reach now .Crypto market is high volatile market anything can be happen hear so be strategy full always to avoid your loss .

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Quote from: 777Jolami on August 25, 2021, 07:19:21 AM

The decline of 2018 was largely caused by panic and manipulation of the market. Not to mention it comes mainly from retail investors. The movement of cash flows from stocks after Trump's tax adjustment has partly caused the rift. This year is completely different, institutional investors capitalizing on bitcoin as a store of value - market has changed structure towards macro and expansion. I am optimistic about the situation and bitcoin has actually reversed completely with 2018 - I believe “digital gold” will make new history this year and the future

I think the decline in 2018 was due to the large number of big projects and ended up being a scam and they immediately brought investors money, as we know that 2017 was the best year for ICOs, many projects reached a hardcap of up to $100 million, of course the conditions now are different because bitcoin transactions are from big company that invests in bitcoin.

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Quote from: StreakW on August 25, 2021, 06:47:54 AM

I think anything can happen anytime. Cryptos are notoriously volatile, sometimes it's almost impossible to tell the reason behind price changes. For this reason alone, it becomes almost impossible to predict the future of Bitcoin with the best accuracy. Your best bet is to keep in mind the opinions of economists, crypto enthusiasts and other professionals in the field. However, in the end, you always have to make your own decisions. No one can be 100% sure about the future of cryptocurrencies in the market to date. everything is mostly just speculation or structured conjecture.

Another factor that makes bitcoin's future seem unpredictable is that its users are not increasing as sharply as they were in 2018-2020. This indicates stagnation. In fact, mass adoption is not happening as quickly as crypto players might expect.

Well the "reason" is that people buy a lot of bitcoins all of a sudden, which means that not enough buyers at the same price, so sellers end up selling cheaper and cheaper to find people who would be willing to buy. And that is the cause of the drop, you can write similar one to the buyer side and how it increases as well.

The reason why people do make these type of things is similar to ours as well, or what you see here on bitcointalk when people talk about the price, you can sense what is going on and why it is dropping.

Of course, there are times when whales get out and sell tens of thousands of bitcoins, which drops the price and you can't predict that beforehand, but that doesn't change the fact that most of the time it is us, the community that makes it go up and down which is why I believe that we should not be really caring about what's going on.

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

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

The ups and downs of bitcoin prices in the market are not new, in my opinion, 2020 and 2018 are not the lowest bitcoin price declines so far, if we look at the history of bitcoin price movements that have fallen from $20k in 2017 and dropped to $3500 in last year 2019, Before that, in 2011, bitcoin also experienced a drastic decline that occurred in August to October 2011, and at that time the price of bitcoin had reached the price of $2, so if you think $20k is the biggest fall for the price of bitcoin in the market, of course I don't agree with your opinion.

777Jolami

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The decline of 2018 was largely caused by panic and manipulation of the market. Not to mention it comes mainly from retail investors. The movement of cash flows from stocks after Trump's tax adjustment has partly caused the rift. This year is completely different, institutional investors capitalizing on bitcoin as a store of value - market has changed structure towards macro and expansion. I am optimistic about the situation and bitcoin has actually reversed completely with 2018 - I believe “digital gold” will make new history this year and the future

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

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

I think anything can happen anytime. Cryptos are notoriously volatile, sometimes it's almost impossible to tell the reason behind price changes. For this reason alone, it becomes almost impossible to predict the future of Bitcoin with the best accuracy. Your best bet is to keep in mind the opinions of economists, crypto enthusiasts and other professionals in the field. However, in the end, you always have to make your own decisions. No one can be 100% sure about the future of cryptocurrencies in the market to date. everything is mostly just speculation or structured conjecture.

Another factor that makes bitcoin's future seem unpredictable is that its users are not increasing as sharply as they were in 2018-2020. This indicates stagnation. In fact, mass adoption is not happening as quickly as crypto players might expect.

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Quote from: Kelvinid on August 20, 2021, 04:47:54 AM

I'm looking forward to a better price today and in the future, not for another crisis again. I think we all have this kind of optimism but we are not sure of anything for the incoming, and the chances are...we are in a dump like 2018 or go in a different direction.

Seeing the current market trend, it is likely we are losing a chance to make it happen. The continuous market adoption makes the market in high demand pulling the price going up instead of pushing it down despite the FUDs. It was time not to think and compared the past OP as we are obviously moving in a different direction.

I've seen the bitcoin market when it nearly hit a $20K market value year 2017 and I've also seen the drastic market price dropped of bitcoin after the ATH and I can say that I don't want to see that crisis again. However even if I don't want it we can't predict what will going to happen in the future price of bitcoin I am just looking forward for the better price of bitcoin. And I believe that the market situation of bitcoin today is far different compared to the market last 3 years ago and the people keep on adopting the new currency, the FUD didn't matter anyway because now many get to see the true value of this platform.

Kelvinid

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I'm looking forward to a better price today and in the future, not for another crisis again. I think we all have this kind of optimism but we are not sure of anything for the incoming, and the chances are...we are in a dump like 2018 or go in a different direction.

Seeing the current market trend, it is likely we are losing a chance to make it happen. The continuous market adoption makes the market in high demand pulling the price going up instead of pushing it down despite the FUDs. It was time not to think and compared the past OP as we are obviously moving in a different direction.

marine4u

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History is a process, representing the rate of a repeatable error in the future. We can't know about that, but I think that as the market has gone through the thorns from the past in 2018-2020, many lessons and experiences about the market have been drawn. At the same time, the possibilities of externalities are showing renewed optimism. In fact I feel we should enjoy the goodness and growth of this space.

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Quote from: idk what to say on July 26, 2021, 05:55:26 AM

so yea like will ever just stabilize really low like in 2018 and 2020?

We cannot confirm whether the market will return or not when the history of the years 2013 - 2017 is very special, and in it is also mixed with gloomy market cycles. So I don't think the market in 2021 can turn around, and next, let's see what the symptoms and possibilities are in 2022, we are enjoying a lot of opportunities to go now to history 100k$
After every btc halving we have a big bull cycle.

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Quote from: OgNasty on August 19, 2021, 08:27:12 PM

Looking backward you can definitely identify a repeating fractal pattern every 4 years. The stock to flow model seems to capture the long term effect, but it’s hard to ignore the pattern of gut wrenching drops that follow these every 4 year bubbles. I don’t know if this effect will become exaggerated as more people discover it, or if that will cause it to discontinue. One thing is for sure, I never discount a possible 80% drop.

It's hard not to notice the repeatability every 4 years - especially because it was related to halving.
However, the situation has changed a lot recently, mainly due to a change in the approach to cryptocurrencies by Musk and Wall Street whales.
I think we have to forget about the 4-year repetition period and prepare for a slightly longer than usual bull run. After that, there will of course be an 80% decline, but I am pretty sure it will not happen this year.

OgNasty

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Looking backward you can definitely identify a repeating fractal pattern every 4 years. The stock to flow model seems to capture the long term effect, but it’s hard to ignore the pattern of gut wrenching drops that follow these every 4 year bubbles. I don’t know if this effect will become exaggerated as more people discover it, or if that will cause it to discontinue. One thing is for sure, I never discount a possible 80% drop.

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Quote from: bocyaj on August 19, 2021, 07:24:06 PM

Quote from: arwin100 on August 19, 2021, 05:40:10 PM

Quote from: asrinur on August 19, 2021, 05:08:07 PM

I don't think Bitcoin Price will drop like 2018 anytime soon. There are differences in Bitcoin price movements in 2018 and 2020. in 2018 Bitcoin strengthened very quickly. Thus, profit-taking occurs en masse and damages Bitcoin price fundamentals. But if we observe this year, Bitcoin prices tend to strengthen more slowly. So many people who trade crypto don't realize that Bitcoin goes up little by little every day.

Situations are different as mass adoption slowly growing year by year so we cannot expect the dip the same as 2018 since the complexity before is not the same right now. We already witness it this bear season recently and we exit so early so we can really look forward that more pumps will come in next following days, It's good to save some now since I think in next halving we might see bitcoin touch at 6 digit in figures.

Bitcoin was keep rocking now. The price was pump to now and many coin price was raised with that.Many traders are in good mood now. Because they will get minimum of 10 dollars profit with the minimum investment of 100$.This made huge surprise to the investor in the month end.

This is a never ending type of question on where people do keep asking out that if bitcoin would possibly have the similar situation happened into those previous years in the past?

No one could ever know and thats for sure.We didnt even expect that bitcoin could reach up upto 60k ATH which we are only hopeful that it could break that ATH of 20k back in the past.

Asking out if there would be some similar situations then it will always depend or vary with the demand that bitcoin would have.If adoption and recognition is somewhat high compared into the past
then it is unlikely for it to happen.

Topic: will bitcoin ever go down like 2018-2020 - page 4. (Read 1191 times)