Bitcoin Forum

All you need to do is look at this chart that was made during the "long bear market" of 2014 and believe. The estimate for 2017 reached its target plus more. I am optimistic it will reach its target for 2021 too. Plus more. 8)

https://pbs.twimg.com/media/Dgc_RzZV4AE4GIe?format=jpg

Nothing can be said beforehand but we can definitely hope for the best. I am also really hopeful that bitcoin will reach the expected target and even more by 2021.

Even though I am not particularly fond of technical analysis for bitcoin price prediction, but the current price should not make an early adopter depressed in any way. 2017 was exceptionally great for the crypto market but 2018 is not looking very promising as of now. However, it certainly doesn't mean that coming years will be dull as well. We can definitely hope for a better situation.

I adopted back in 2014 so I am less bothered about the decrease because I am sure the current situation will not continue for longer.

It is not necessary to have crystal ball to discover that  bitcoin price will rise in time of halving
2017 was specific we had all that fake forks now we have bitcoin derivative very strong market what is dictating price

cryptos are a long term thing. one moor drop id say then its time to get back in for the long haul.

Before we get to a higher state there should be a significant drop so it can drive it's price easily to the ceiling again.

Not only you, 2017 adopters (Not by December) and below aren't really bothered with the drops as long as we/they managed to hold until now.

Price is still good and these newbies that are showing their bad mood with the decrease are the ones who are changing the ambiance here.

if bitcoin price depresses you. then you are not seeing the signs
here are the signs
"70% off"
"special offer"
"spring/summer Sale"

dont worry about selling.
remember buy low sell high
so the price is low. meaning its time to buy.

Past history is not a gurantee for the same thing to happen in the future. That was in 2014, the fundamentals that caused that is not the same as what we see in 2018. Who knows if bitcoin don't rise to the level of price it drops from since last december, then more depression will set in for long term holders.

No one said that it's guarantee to happen OP only wants to bring our hopes up by showing this. I too don't expect Bitcoin to reach $15k - $20k but if you're a long term holder you shouldn't be depressed with the price because there's a lot of time for growth and halving is less than 2 years. The only people that should worry here are the short term holders who can't wait.

this is a really interesting topic. correlate Bitcoin price with mathematics.
I don't think it's so simple... there are too many variables to consider that affect the bitcoin price movement...
I think this is just a case... a coincidence! Of course an interesting coincidence anyway.

If people are trying to become actual traders they need to be in a decent exchange that lets you set up stop losses, and a person should sit in say tether or something extremely stable inbetween trades if they cant go cash. Hopfully with this crash and the g20 UN regulations starting and or being presented in july allot of the usless coins fall off.

Whatever people are saying about Bitcoin and other altcoin situation, people will still get depressed seeing how their investment is cut in half on what they've invested, we can only rely on chart and prediction right now, but we need to continue to support this technology, whatever the outcome even if it hurts our wallet.

I think this can make people relax a little bit and I do know that the fact BTC price is way better than last year, but the long bear market really make people losing hope, they don't really care about the history chart, and the market situation now is totally different, but all of us hoped that BTC will be back at it's prime condition and people will stop using crypto for bad things that can affected the price

Yes, i agree, though market is in downfall we need to show support not feel depress. Believe on what bitcoin could bring us to high profit because it motivates our mind and not to feel down.

If we look at the graphics of the images you give, Bitcoin will continue to rise until 2024. But to my question, will this year 2018 be the same as in 2012 which will experience a decline in one year?
I hope in 2018 this could reach its target and not too deep down.

Good info, from where you can get info like this?
If true calculation of graphs like this, then can be sure this year until the year 2024 bitcoin will increase. I believe bitcoin will continue to rise, but lately the bitcoin is always decreasing that makes a lot of people so can not wait. but I will always be faithful to waiting.

bitcoin has always been a roller coaster because of it being new and also because the market has been small so whenever there is a surge of adoption (like we had last year) the prices will shoot up with a sharp  rise, the bigger the adoption the faster the rise. and with each fast rise there will be a lot of newbies coming in.
weak hands + manipulation + small market + need of correction = means a fast and big drop.

in the end that adoption has not gone anywhere. it is still in and the adoption is also still increasing so you may see the drops now but the reality is that we are still rising when you look at the bigger picture.

Outside the politics, the mudslinging, and the name calling which can be sometimes fun, I am happy that we can see eye to eye in some aspects even if it is only from a speculative standpoint.

But I do hope that we can look beyond our differences of philosophies and co-exist.


Always. 8)

Effective technical analysis. And found that there is a high chance of happening so in future.

Wow, so for 2018 bitcoin prices will remain stable at 9000 $ figure? or still get back up to 15.000 $? I hope for the long term bitcoin is really horrendous world.

of course everyone is expecting that too, now bitcoin will be stable with its value. in the coming year with more and more people knowing and receiving technology for bitcoin, the value will increase.

If it happened in the past, it does not necessarily mean that it would happen - it is always just a probability and it will stay that way. Bitcoin is very volatile, making it quite unpredictable for the accuracy of any given speculations.

Yes, I saw this graph. it's reassuring. especially because it's built on mathematical graphs of crowd behavior.

In market there are lots of crypto currency are available based on this the price of coins are down but you should think this that its like a share market any time price can fluctuate and this price may vary for supply and demand based on you need to wait for good time.

That's right 2018 does not look as promising for bitcoin as the previous years were. But the community still holds the faith in the bitcoin for some ray of hope is still alive for something good to happen in the coming years of bitcoin evolution. The price drop in the bitcoin is a matter of concern for everybody in the crypto market and many people have lost their wits in this panic. But yes this technical analysis is a sign that future of the bitcoin and the crypto market is bright and hopefully there wont be any further disappointment for the community in the future.

That's the usual practice that most of the traders are doing, converting and let their money sit on tether while waiting for the drop to have more buying power if ever bitcoin's on sale.

Can't see some progress right now even after the G20 meeting last time but that's how it goes, moving on to the next chapters of this market.

As long as you are keep on holding there's no need to worry, long term holders will still have the final laugh. Day traders are the most worried with this crash and the newbies as well.

I believe bitcoin price will increase because it is the best coin of this market. Bitcoins demand is huge but supply is not match-up with demand. That’s why i think price will increase more in near future.

My friend, your view is too optimistic. The rise of BTC is an inevitable trend, but the time may not be as fast as in your chart.

You say "probability" but did you look at the log chart? "Probability says" that it will happen more than "not happening".

Plus Bitcoin's present volatility will be nothing but a small drop when it reaches 6 digits. Check the volatility of 2011 and compare it to its volatility today for perspective.

The price at that point will speak for itself. All these drops are good for one thing, and that's accumulation. If we look at long term hodlers, then it's pretty safe to say that they have shorted last year and went long at near current levels. Our main goal is to end with more coins than before a bull run, and these corrections lend themselves perfectly for that. I find it quite interesting to see how people keep ignoring past charts like they don't carry any weight. The only certain thing about this market is that it WILL go up -- when and where doesn't matter, people should be on board before it blasts through the atmosphere again....

Anyone remember when the price failed from $1,000 to $ 250? :) It was like the end of the world. Many people sold at lost and then left the market but they were wrong. 2018 we are seeing the same scenario with the bitcoin price losing about 60 %

Well, a lot of things that we should focus in order to help bitcoin and to improve it rather than doing panic move everytime that the price going down, we should always consider that thing. No need to be depressed, all is well for those who are willing to wait.

If the price depresses u, then pull  out of it... That means u can't endure and u can't hold... Holding is the key in crypto currency

Yeah, speculations say values are failing/dying/crashing and a bunch of other words for market going red but the actual value of bitcoin is still wayyyy higher than in the past and I doubt anyone predicted that bitcoin would do this great, it's really reassuring to look at it that way because it's the truth tbh

We were 70% in the loss. 5000 USD would mean a loss of 75% from 20000. I think this is already a huge drop and people are still predicting that it could go lower.
This correction isn't like 2014. If you compare the charts, there was a big recovery in summer 2014 and it didn't happen here yet.

Yes we need to be optimistic and positive about the fact that price of bitcoin will increasing in coming future, don't lose hope cause time will come I hope it can be happen after this year, we need to be patient and calm to wait the right time.

I don't believe in chats but it is a fact that bitcoin prices are already higher than it was in the past, we still going strong and I expect us to go even further than what we have with just a little perseverance

People always look at the past to judge the present, it is not wrong, but they are wrong when they think the future will repeat. In fact, the past is just a place where we look back and move on, eliminating mistakes.

Agree, I think what had happened last year would not mean it will repeat back but we should also not ignore that the possibility is still there. People should move on and focus on the actual current market trend movement of bitcoin. As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year. People should not be depress on what's happening with btc market for this will eventually move in a gradual phase and let's wait for it to happen.

Almost every year bitcoin is sharply reduced in price at the beginning of the year and is increasing in price at the end of the year. In this regard, there is no reason to fear that it will not grow in price and will remain at the same level or for a long time even it will drop its value. I think that to the current price situation bitcoin led after the beginning of its correction of the panic among investors and the manipulation of the market by whales.

I believe bitcoin is the future and I know bitcoin can make it happen because the community keep supporting bitcoin and as long as bitcoin can almost reach the max supply I think the price will become more valuable, So we need to believe and trust the process.

Don't let the price's downfall consume you my friend. Be smart enough to deal with it because you're the only one who can help yourself. Volatility is normal so expect it to happen always and be used to it. There's no reason to become depressed because it won't help you. Just focus on the good side and do right things.

The statistical data presented by OP is reliable as the graph suggests. Hope that there is no other factors aside from what we have now like law of supply and demand, FUD, and government regulations could make the price of bitcoin even lower.


You should start believing because many companies are paying for those charts and those who can create them.

There are a lot of people using BTC that you can not control, there are several million people in this virtual currency market.
The year 2018 is going to grow stronger, fly higher, You should invest

I'm not disappointed about bitcoin. If compared to the same time of 2017, it is already x2. Just people are too greedy.

Bitcoin repeatedly showed the whole world that he can restore his old price and beat new price records as low as he did not fall. I would even say that bitcoin is programmed to increase the price!

Maybe you are right. The cryptocurrency market always follows fluctuations. Yes, soon it might reach the target for 2021. Let's see what happens!

of course, Everyone is expecting that when it will became pump. But now bitcoin will be stable with its proper value. Every  year in the world people knowing and receiving bitcoin in every step their life and I think the value will increase very soon.

This is a very good news though because the most worrying thing for every crypto user is the deflating valuation of all the crypto currencies and bitcoin being the topper and superstar of all the crypto currencies is in most controversies and this news is such a relief for all of us because there are millions of people who has invested a lot into bitcoin and thus they are very much worried that they might suffer from huge loss , so this news is still very relieving that prices might inflate again in the future.

Just speculation is not a fact-based analysis, but I think everyone who holds bitcoin wants an increase in bitcoin value.

If we don't believe in bitcoin I think we can now be depress on looking about the price. But If we have patience and we can hold for a long term and wait for the right re to sell this down trend is not really a problem anymore. We all know that the market will rise soon but as human we have fear to buy more and that was normal. But for me I rather choose to buy more than looking at the price that drops to avoid stress.

The market of crypto currencies is dynamic. The prices will fluctuate in every moment. So it will be more like a game of gamble. But users should not be disappointed by it because the table will turn around. The prices will go up once the demand increases in the market.

The value of bitcoin right now doesn’t affect me. That’s because I invested only what I can afford to lose. I can play the waiting game as long as it takes.

We can make prediction and technical analysis all we want,but the most factor that influence bitcoin is the demand of people.People demand of bitcoin through the years is increasing steadily because the popularity of crypto.So we just have to make crypto more popular so that it will keep increasing.

If this schedule works, then I'm ready to wait 5 years))))

I believe not only that especially. Bitcoin is not some "trendy" consumer product. Bitcoin is hard money that is provably scarce, decentralized, censorship resistant, and trust-minimized that everyone will need.

I will say again that I believe Bitcoin will become a global reserve currency.

2017 is a great year for crypto but this year is quite boring. But I think it will be better in the years after everything is settled

It certainly does not mean that the next few years will be boring. do not worry about the sale, remember to buy low sell high

No,it doesn't depresses me, because from the start I know that the value is changeable it is not stable. For me no need to worry about it as long you know everything, just be patient in waiting and also trust it.

yes people do not care about history but they just concern bitcoin about bear market and thinking that bitcoin  will be died and that worsen the market situation. crypto currency especially bitcoin will always recovered and back to high value no matter how long bear market last.

I agree with the subject thread about the price chart history presentation wherein btc is actually progressing and this will soon reached to it's projected target in the coming years. Though, we had experience a long bearish market but it does not mean, it will stay to that level and now it shows that btc is really capable of reaching towards the projected market value. People should not worry much with their investment and all they need is to believe in btc and have patience.

If you'll think too much about it, it actually can. But this whole cryptocurrency thing is one big roller coaster ride that each of us was willing to jump into! So I see no reason why we should be worried or depressed or frustrated or even angry with the system since we were willing in the first place! Personally, I don't look into the charts that much because I know that things are gonna get much better in the coming years.

I also strongly believe in the target price target on bitcoin every year, because I also see the bitcoin price trip with a very satisfactory price increase.

I have always believed that speculation won't help us to grow on a larger time scale and hence we should focus more on building utility value and that will need mass adoption in the market. I still believe that we are in the initial phase of development so there is a high probability of gaining handsome growth in user base as well as in the price within a decade.

Its still uncertain for now but could be a presage that we really wanted to. Besides, we can consider that as the years go by, preponderance of people becomes accessible in wide use of technology wherein people are becoming aware on how to use the internet effectively compared to past years as bitcoin was introduced for the first time.

It is unlikely that bitcoin will always grow according to the schedule. Crypto currency is weakly predictable. No one even predicted a rise in the price of bitcoin in December to $ 20,000, and this happened. Nobody predicted such a long fall of the crypto-currency market, and it happened and no one really can tell when the market will start to rise. So this year, the Crypto currency is not growing according to the schedule.

It's a good chart to remind us all that bitcoin will go a long way when mainstream adoption happens. Better to invest now before it goes past the ATH

We all should be very much aware of this thing that bitcoin is a volatile crypto currency and because of being volatile, its valuation flactuates and if it’s va is inflating then it is very obvious that it could deflate too and in this condition , you need to be little bit patience and needs to hold your bitcoins but what people doing is that they are in panic selling of their bitcoins but they should hold their bitcoins and I am sure the bitcoin valuation is going to inflate in coming months of this year.

I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

If you don't have a strong personality and takes things too serious then you should not be in here. Bitcoin is for a strong human being and you should be used to price volatility. Bitcoin's price will sirely go down at some point so be ready. I think that must not depressed you because it will always come back to its normal form.

First of allall you need to know the information about the system before getting involve with it. I think that you must know first that bitcoin is volatile so at some point it is really down. Then that must not depressed you because you already know the state of the system. Just in case that price is making you depressed then you should stay away from bitcoin.

Yes the graph said it all and it has always been the pattern for any speculative market. The price can never be stable and the market will always react to sentiments and send its reaction phically to the value or price of the coins. In 2018 last quarter there will be rally to bullish market.

Yes bitcoin is depressing me because the price of bitcoin is very low is like her hard to survive but I don't lost hope I'm still exoecting for the price pump is coming .

I also believe that Bitcoin will grow 3-4 times in the next few years. This should happen, because now Bitcoin is becoming very popular, there are more investors and customers.

I appreciate the chart mate.  Although there are only certain level of  accuracy in predictions. Price depends on the demand on the market which might change along time.  However,  let us continue to keep our faith.  No one knows,  this trend might happened in the succeeding year. Let us us hope for the best.

The harder we 'beg' people to not panic or to not invest in something so speculative, the harder they will do the opposite. It has been proven with cloud mining for years straight. I lost count on how many members here have been telling people to stay away from cloud mining, and it has literally no effect at all. It's like we're talking to a wall. The same directly applies to people pumping money into investment schemes -- these people are a plague and can't be helped with friendly advice anymore. Maybe that we should encourage them to do it instead of vice versa, maybe that will help since they do the opposite of what we are saying....

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too

"The SEC will not approve a Bitcoin ETF" FUD is the new "China will ban Bitcoin" FUD. Shut them out. Do not be affected by the volatility, and keep your eyes on the next halving on 2020.

Plus keep buying the dip! 8)

If they like they should not, they will still have themselves to blame eventually anyway ;D. What most of them look at is the present, but due to the little knowledge they have about what is at hand, it has clouded them from seeing what it would be like in the future and not just about the price alone, but its usefulness and usage as a currency in the long run.

Hence, rather than focusing on what is not going to be approved, they should be focusing on how what is going on in Iran, has happened in Zimbabwe and the likes, with people leaving fiat for a safe haven, then, they will know better to chill out.

As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.

Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future.

But the most factor that influence bitcoin is the demand of people.People demand of bitcoin through the years is increasing steadily because the popularity of crypto.So we just have to make crypto more popular so that it will keep increasing.

Peoole who get depressed are either those who invested without knowing anything or those that lost a lot already in this bear market. There are still a lot of us who are looking well beyond this bear market.

No, not just as a "currency", but as hard money that's good as a store of value, medium of exchange, and a unit of account.


Or focus on the history of inflation on your own currency. 8)

The graph answered the fears in the mind and hearts of those who got involved in cryptoworld without the lion-heart inside them. The very reason for their fears and panic once they see dips especially long period of bear, and volatility.Instead of focusing on the positive things that cryptos have brought and could do in the coming years, those people are pulling down cryptos like crabs.

Depressing is another but scare is something speculative. If you put fear into peoples hearts with the price drop than it is only natural that they will cling towards selling because they fear they will lose their money. That is speculation and it is a topic we need to discuss.

If a person opens a topic about how bitcoin is going to zero or something that is not a sensible and logical topic but it is a valid speculation topic that he is scared for his money. Those people are the reason why whales are so rich because whales start a trend on the price movement and scare little fish and those people react by selling and making their lives easier.

I would not call them plagues, but I would rather say they are just some set of people who have refused to learn or so lazy to learn so as to understand that this is a volatile market but the volatility should not be a problem but should instead be an advantage for those who see it as an opportunity to be buying at lower prices with a lot of focus on the future development of bitcoin, most especially in its usage.

Obviously, since all they care about is getting rich overnight, which would be something hard for them to wrap their heads around.

To all you panic sellers, take a good look at the chart in the OP. Everytime you have doubts on Bitcoin's price, the market, or maybe you are confused, just take a look at that logarithmic chart.

Plus if you see a duck posting bad news of Bitcoin's "eventual crash", mark the date and observe what happens a few days or weeks after the day of his post. 8)