Bitcoin Forum

Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 ;D. What do you think ?

I also have Eiffeltower you can buy cheaply

We can not guarantee this, Because many events will happen that we do not expect. The good do just now is to hold until the rise in price of Bitcoins.

Law of physics, mathematics, geometry, statistics  or algebra does not apply here where we can definitely say 2+2= 4.  Psychological, sentimental, speculative activities affect the price fluctuation of the market.  Demand and supply is the major reason behind price rise or fall.
So can't say anything will happen in future but definitely bitcoin will never be dead.

I think it's perfectly possible that every bull market will break new heights, so I think this year will be the next bull market.
So what we need to do is hold.

Cryptocurrency investment has never been stable, in the past there has been a lot of downturns like this, even more pathetic, but then also recovered and set a new peak, but will need time . Therefore, once you stick to this market, you need to determine long-term investment, maintain the psychological, then will also recover and increase again.

That is possible at the end of the year. There are also some predictions being made by and ADAC head personnel that bitcoin could reach up to 50k dollars this year or should I say at the end of the year. But everything seems blurry though it is possible I wonder it we could really hit that value this year. But I am hoping that we can reach it.

A year is a completely arbitrary length of time in this case.  You could equally have done this every few months and claimed that based on the movement of the last few months, it'll go down to around 1-2 thousand dollars.

Patterns which you observe do not have an effect on the price and are not an accurate way of judging what the price will be.

I really hope you're not investing based on this.

This can't prove anything, and wait I think you are missing something here, where is the price four years ago with the same day (2014/03/31)? where the price of Bitcoin is $476, this means that after a year the price didn't go up and dropped to $243 (2015/03/31). So how will you explain that? You also said that Bitcoin price will go up to $35000 this year but what is your basis and proof that it will reach that price range? being positive that Bitcoin will recover and will hit a new high is not bad but making statements like this is not needed (especially if you cannot prove it) just to make people think that they should invest or just hodl their Bitcoins.

can not know before the future. The price of bitcoin is up to 35k, which is a huge figure. I think bitcoin will not be able to hit 35k

Not because the price multiplied 2x, 3x, 4x, ...etc etc almost every year it doesn't automatically mean it will happen again. This is probably the worst way I've seen people make predictions based on past data. Take note there was a time whereas bitcoin was stagnant for some time. Who's to say a similar price movement will happen this year?

Though take note that $35k is possible. But $1k is also possible. Bitcoin isn't a get-rich-quick scheme.

That's hard to believe since Bitcoin is naturally volatile and it also means that things are more likely to go opposite to the plans or predictions. The market statistics of Bitcoin and most of the cryptos are way unpredictable since changes in a sudden are happening a lot. I am not saying that it is not possible for Bitcoin to reach that value buy maybe,it won't be this year given that the market price of it at this moment is continuously falling.

OP
best thing to do is not grab random amount..
instead split the chart into 6 monthly segments and then grab the ALL TIME LOW of each period. then draw a line. and you will see its always in a upward trend.

grabbing highs are just speculation/volatility. but the lows have more meaning in regards to where people find true value that they refuse to sell below

It will get 35k one day for sure (or one hour) but maybe not this year. And the majority of us will sell before bitcoin reach that price, in my opinion.

We win on both sides.

If this happens, we will have more money, obviously. Some might be tempted to sell or buy expensive stuff with it.

If this dont happen, we will see $2000, and we will load the shopping cart. A lot of people will do that and surely the price will recover.

Anyway, it will reach 100k eventually. It can happen during the next halving in 2020.

People need to get used to it and realize that digits on the computer screen can cost more than 10k dollars. I think that within a year, bitcoin will not gain a foothold above its maximum of 20k.

I am sure and very very sure bitcoin will rise again, even I am sure one day bitcoin can pass last year's price of 2017. And to mengujutkan belief that there is only one way, positive thinking while continuing to support bitcoin and trying to avoid to so trust against the negative issues made to drop the price of cryptocurrency

Well it would've been obvious to people that's in this space long enough. The trend is very much visible in any trading chart you'll encounter.

if the predictions according to the tables you mention are true then there will be many investors and merchants who feel in a favor, especially for those newly entering the world of cryptocurrency. I think so too, the bitcoin price in 2018 will reach that figure, yes $ 35000, even in my personal opinion the price could exceed that number in that mean, if the bear market could end in the near future.

We can and might not, it is pretty obvious that bitcoin is increasing it's value yearly and if you look at the chart you have shown to us 2014 is not in your chart that means there is no progress in that year, You can see the 2011, 2012, 2013 then 2014 was gone because on that year nothing much happen with the price then 2015, 2016, 2017 have an increase and now we are in 2018 sad to say I think this can be a year for the price to make a halt and we might seen the big increase in the year 2019, Well I am just speculating base on the chart you have provided us.

Based on the data showed last year above bitcoin is just ranging from 1k to 2k USD bouncing back and forth then the uprising begins in the middle of the year, we are talking about big figures of a price here not just 500 USD or 1000 dollars, you have to expect 50 to 70% plus dump cause that is a normal scenario for a cryptocurrency, from ATH of 20k dollars expect that kind of crash due to some influential factors and market corrections to consider, base on the price history and the current data from the market it still has a vast potential to uprise again.

It does not guarantee that this is a sudden reality, but unforeseen events can also come suddenly, that's what makes everyone's prediction always wrong, not ruining the possibility that there will be a huge boost by the end of 2018.

If we had followed every prediction of cryptocurrency, we would have reached 50k or even 100k. And if we continue to follow-up every prediction it won't lead us anywhere. We should try to understand that cryptocurrency is unpredictable. So many influencers investors have predicted that by now it would have been 25-35k but look at the recent price of bitcoin, it is no where near that. Just hold your coins and hope for the best.

Why you have stated that "so bitcoin is not dead"? Just because of the current price behaviour? That's a lol for me if you will based on it. That prices you have posted are being spreaded recently at any platforms (forums, social media, just a simple post etc. so I think you got it there.

Anyways going back to topic, past performance can't guarantee future results. What matters here is, bitcoin price is showing a good support at their established dip during a price decrease scenario. What does this means? Meaning we can't expect a much lower price level on that level as the resistance is strong. It's good to see that bitcoin price are having a times like this so that we can see how well the support it at any price level. Jumping at much higher price level for only a short period of time is completely a product of pump and hype and this is the time where putting money is at more risks.

What is it that you describe at the same time ,why 2014 is not on your table? 35000 is a high value which position may be achieved by bitcoin ,I do not count as you're in the trading system It felt complicated to see from my eyes ,This speculation is what makes me confused can anyone explain it?

Pretty lame. People try to convince themselves that the price will go up in each and every form to artificially satisfy themselves. Just accept that there is not much room for short term growth -- the sooner people start to appreciate current levels, the better. I remember having seen people complain about the market being stuck around $15,000 for a while, where then they complained about $10,000, and now even current levels aren't free of complaints. People have been spoiled with how the price has gone up last year, and now suddenly nothing is able to satisfy them aside from their own broken logic making them believe in fairytales. Get a life or liquidate your holdings if you can't handle this market....

I didn't really think we're going to see a bull market in this year, where going to be lucky if bitcoin recovers some of the price that it lost, maybe I am too pessimistic for some people but taking into consideration the previous year I find it very difficult to believe that we are going to see another pump like what we saw on the previous year especially when the first quarter has been so difficult for bitcoin.

Correct me if I'm wrong, but all you're doing is looking back to the previous year's gains and associating that with what this year's gains may be...

That's clearly a very bad way of doing speculation. At least throw in a parabolic chart or something ;D

You skipped 2014 entirely, in March that year bitcoin was actually at $600.

Bitcoin is not going to $35k this year.

Your trend doesn't work at all because in reality, bitcoin will experience bull markets and bear markets driving price above or beneath the mean. Price growth is not always linear in reality, which means that even though the trend may seem to be like that, in reality, it's not. Just like the 2013 bubble, this one may take 1-2 years for bitcoin to actually recover from.

So no, $35k in 2018 or any all time highs would not be possible. We'd be lucky if we're not going down further at this point. However, it could happen in 2-3 years time.

I would love for bitcoin to touch $35,000 in 2018. I think this scenario is possible but keep in mind, past performance does not indicate future results. Bad news can swiftly bring the price down.

precisely I think the future of bitcoin in determine from the current performance. for example, if the current market performance / bitcoin is not so good (monotonous), what will get good results in the future? No, sir! if we want good results, performance must be improved from now on. for example, if the bullish market starts pumping prices then, chances are we will start better, keep us having to reduce the scattered FUD, so we can more easily improve. everything takes process, not instant. assume that this situation is a process to achieve future glory later. I think, $ 35,000 could be achieved in 2018, even more.

Well I'll offer you some BTC for $15k now. You wanna buy if you think we will or could easily double that price this year??
Never use past performance to predict the future!
Sure in hindsight we all know things better and are super smart.
But when it comes to "put your money where your mouth is" in situations of uncertainty, even with well done analysis, well guess how the majority of guys will act? Right, they will duck out!
So you see I'm not a a fan of trying to forecast the market. I'm more of a reactive guy. When I see a opportunity to buy or sell I just do it. Beside that I just hold and let the market do it's thing. This way you don't expect too much or become impatient.

Many lines and articles predict price to be in some point this year 35k just dont get it how just yet. What will be major turn up point for this for price to go this big in spike for change huge change and to be yet another new ATH. Maybe it can be but think that it will, not be this year maybe we will come to 12-15k range but this from my point of view is max price.