Bitcoin Forum

All Red and worried? Zoom Out and see the whole.

Bitcoin ($BTC) Price History - Log Scale with rewards halving days marked

Credit:
https://t.me/whatsoncrypto
https://t.me/howmuch_net

https://whatsoncrypto.com/wp-content/uploads/2018/08/bitcoin_history_whole-3.jpg

I just saw a technical analysis scheme like this. the more days it will be more difficult to mine bitcoin, with the increasing global market capitalization I also believe that next year bitcoin will be more valuable, I like this .. ;)

This crash really is just an opportunity for the little guy to get in while the banker elite shake the weak.  The people selling now are the poor in the future telling their grand kids how close they were to making big money. 

The good thing on this chart is to look at the price history and where it is moving. In long term obviously. Secondly, it provides information about Rewards Halving which is good for newbies to know. If it looks "crap" to you then for some people it is a vision to see which trend bitcoin is moving, or, crawling in long term.

Yes, 10mln bitcoin is something you dont see it now, who knows, someday they will start moving.. We know the history of those 10mln.

We, What's On Crypto Team worked hard to bring this to you and crypto fans at this bear fearful market. calling it crap, is not appreciated, altho you can share your thoughts freely. If nothing else to add, just walk away..

Judging from the graph above, it looks like bitcoin will get a glory again between 2020-2021, hopefully this is true, because until now, I still save bitcoin and do not plan to sell it.

I reckon that analysis but I'll say that putting $1,000,000 and $10,000,000 isn't necessary to give encouragement.

I appreciate the graph since it includes the very history of bitcoin so this will remind those who are in worry about the bear market that we're dealing of today.

We all want that $1,000,000 and $10,000,000 but let's face the reality that we're still far from it.

Is hard to imagine that Bitcoin will ever reach $ 1 000 000 but anyhow this graphic said the truth so far.Anyway, i will take 100 000 with a big smile on my face ;D

It will definitely show in green if you compare the price increase since its inception. We started from few cents and now it's near 6.5k USD. So it's obviously positive. That is the reason why we have a metaphor saying " at every dip, newbies cry and old timers smile".

However, those who have adopted late, they are the ones who are mostly worried. Thanks for posting the chart!

just because in the first two halvings bitcoin jumped in price doesn't mean it will increase by the same percentage in its third halving .
Let me explain , in the first two halving , number of people who heard or even invested were few compared to the numbers now and those people invested in the highs above 10k$ and won't hold till mid 2020 to see increase not to mention the bitcoin price predicted is unreal and can't reach these levels in matter of just 2 years.

We will definetely see bitcoin at $100.000. That is certain for me but it will be surprising for me if that happens within 2 years.

Exactly what i thoughts. All of whining about price drops is always give a bad outcome for the value of bitcoin. And people should see btc history as like this. This will give an idea how the market is on progress. Its just natural for any trading market to be down and rise. Nothing new here

This analysis is really helpful for seeing the history of the bitcoin price. It will also help to predict the future price. According to this analysis, we can say that the price will rise in the next year.

Or rather we can say that this is an opportunity for all those people who did a late entry in crypto and invested in it at the peak. The ones who sold it a higher price could buy it back now at a lower price and get good gains in the future. The ones who sold now at a lower price have obviously done a mistake as they would have suffered from a huge loss.  I would advice those people to buy it back now and just wait until BTC recovers the price as it always does and at least get the capital back than to suffer from a loss.

I do not think the price is moving this way although I am sure the positive news of bitcoin halving will affect the price.
If we notice the diagram you've drawn, it looks like you've drawn using a wrong scale, which means we're going to get the incorrect results.
The combined price of 3 times is not a law "can not be broken" but as you mentioned it is just predictions.
I expect the price to rise to $ 25,000 by 2020.

I notice in this picture that every year the price was getting dump and pump but the price was still too high every year or we can say that it become better every year as we see.  I think no reason to worried because we have the chance to get more profit.  Every year they always say that bitcoin will be die but every year must pump than their expect so there are tendency that bitcoin would grow up soon in this year.

See how every next spike is smaller than the previous on the chart so the price wont be one million dollars,thats for sure  ;D a hundred thousand dollars per btc a year after halving somewhere in 2021 would be my bet  8)

The panic on this forum is very worrying and sad.  I love this post.  Bitcoin and crypto are fine. The big boys are here and pushing things around.  Stay firm and in good coins and hopefully you will profit. 

This post has provided ample information to help the people out, especially the newbies if they are interested in it.

I think that the market will become green soon. to my mind, it is better to not be worried much. i can say that you will be able to see how the market recovers and you will sell the coins successfully

With just 4 million bitcoin left to mine we are hoping that the price will gradually start going up. Besides, the difficulty is increasing and the block reward is also decreasing. But the good thing is the price movement of bitcoin. We can see that the price has been going up gradually and even though there has been major fall before, it has gone back up more stronger.

The chart is really a good thing to look at the price record and the movement of the price. For the new comers it also provides the information about the reward. Well, for some people the chat is a vision to see in which the bitcoin trend is moving, even if it looks like ‘crap” to you!

Mesns anyone who sold now at a lower price have obviously done a mistake as they would have suffered from a huge loss.  I would advice those people to buy it back now and just wait until BTC recovers the price as it always does and at least get the capital back than to suffer from a loss.

The chart is very useful for the traders to know about the price and its movement. Newcomers will get a great assistance from this. Even if it looks like a “crap” to you it is a vision to see in which the bitcoin is trend is moving!

In near future bitcoin mine will become more difficult because of global market capitalism. I believe in near future bitcoin will rise more.

This graph shows a positive outlook of bitcoins future. All of us are hoping for bitcoin to succeed in the future. But at this point in time those figures are very far from reality. But for me i would keep on holding there is no harm in trying and holding.

Yups.the more bitcoin has been mined,the critical it become to have another.thats why bitcoin wont be mined all until our generation ends thats why bitcoin may become rare in future as people are increasing volume to hold this great coin.i believe that in future bitcoin price will become more than 1000 times of what were having now

Do not worry, everything will be fine. Looking at the past, in 2017, before there was a time of huge boom in value and Bitcoin's exchange rate, they had a period of time that was considered to be bad in value. But just a few months later, Bitcoin's value came back strongly. This year, too, although the value of Bitcoin and its altcoin has fallen sharply, it is possible that in the last three months of this year, their value will actually grow.

If this schema is reliable. If it not a reliable schema then it should be gone wrong because many newbie get wrong information from here then.

lol..I like that. But what if we are being manipulated. The price if Bitcoin is purely (or perhaps major factor) out of manipulation and some people cannot take that heat and hence they sell out. Others are also hanging on around waiting for a bull run to sell their coins.
Another way I see this is that, people have now realized Bitcoin is not a get-rich-quick "game" and so they don't wait for long before selling- they sell at a small percentage in rise and that contributes to our downstream.

Yeah definitely there is a bright future ahead on cryptocurrency. I did not even regret when i invested again which market price is down. I do believe that it is better this way saving our money on cryptocurrency where it will get the chance to get a good increase than spending it with nonsense outdoor activities like having some vices like drinking alcohol that will surely get you lesser fortune in the near future. There is nothing to be afraid of the current market instead it is a good chance to invest on it.

Yeah definitely I will agree with you. This time is another huge fall down on cryptocurrency but it does not mean that the market will not going to bounce back. It is just that we need more investors here in cryptocurrency so market price will be good again. I guess bitcoin should do another promotion.

Is the scheme is trusted and reliable. Many newbie come here for get some reliable information. So, hope it will be a trustable.

What is this type of graph called?
Exponential graph?
The price went from 0 to 1, then 10, 100. Which is not a proper way to evaluate the market. And its also not based on any psychological facts that are trustworthy. According to your graph the price will go to 10 Million in 2024? that is never going to be impossible to be honest.
Although i was talking all negative things, I still have faith in the future of bitcoin and never fall for any dumping. I hold all my coin.

These should be help newbie and many others who are searching for these information if it's contain reliable information and data.

These information is really true. I have seen another copy of it passing the same information for bitcoin price chart. It's good for the record of it. History will always guide us.

Jeez I love the graph and I love the idea of bitcoin being one million in 2022.. Ton's of people and myself will retire no problem. Lot's of opportunities for people to take over all of our job's and they can be paid with satoshi's, there will be enough for everyone to go around. Then I woke up. 1million I've heard the speculation and talk... Don't really have an opinion.. thing's can change quickly, really hope people aren't getting their hopes up for that 1 million mark lol

People have invested in crypto by thinking get rich soon mindset are worried and get panic when a market goes down few percentages. So-called long time crypto followers know that it is a correction phase and again bull run comes back so they take this down market opportunity to fill up their bags for next bull run.

The chart might be a reference. The chart speaks "Hold your Bitcoin until 2020". We just pray that everything will go well.

Compare 2017, bitcoin price still gain more than 300%. Indeed bitcoin price drop more than 70% from highest price but its still profitable compare altcoin. Bitcoin dominance in market still above 50% and i think cryptomarket still fine and profitable in the future

Thank you for the share Blackforce.

It is nice to have people who takes it positively inspite of all the fud spreading around. And moreover, you shared a graphical representation of the reason why we have to sit back and see the bigger picture.

Indeed, progressive is a part of bitcoin's design that we have to appreciate. Some might think why the halving? This actually ensures that bitcoin stays limited and valuable. We all know that if we print millions of paper currency, it won't make a nation any richer at all. It will simply devalue the purchasing power of the paper money.

And with that, it is right for us to stay calm, look at the bigger picture and stay positive that bitcoin will remain progress all through out.

The good thing on this chart is to take a gander at the price history and where it is moving. In long haul clearly. Also, it gives data about Rewards Halving which is useful for amateurs to know. It endeavored to convey this to you.

I also see the market situation. It's very sad now, bro. but I will look for additional capital to buy bitcoin or altcoin bro. because I really want to have income when the market has risen again

I never looked at the Bitcoins market as a downturn, even with the devaluations. In the general balance the currency increased more than it fell. I believe that BTC will have a very high value.  ;)

A good analysis that shows that bitcoin is good in the long run. I think that this year there will be growth, but not as large as last year.