Bitcoin Forum

The bitcoin dominant and price haven't or have not yet as bullish as last year and soon it might be the case.

I'm positive and an optimistic human being who intentionally thinking about a small increase as a sign.

Don't look at me as your typical investor who only believes in bitcoin in its time when having a good performance, I do trust it the whole year round.

So buckle up guys and deeply breath, Santa bitcoiners is coming to town.

As of this time last year,the market was bullish,its been a rough 2018,as the bear market probably has lasted more that expected,defying all predictions whatsoever..
  The price in the last couple of days has been sort of impressive and we can only hope that for real the bull is upon us

We are all happy about this improvement,  because we much more expected and believe that this coming bear month the price value of crypto in the market are starting to moving up. That is why must prepare about this main event's and expect to gain big amount of profits.

typical trend anals
lacking technical analysis

lasts years november run up was from private investors buying coin to pay out for certain contracts to their investees for completing the tasks needed to release another tranche of investment.

as of now there are over 65% of all coin movements that moved above a baseline price of $5800 and even mining costs are over that baseline price too.

BUT
mining costs have come down. old asics can be bought even chaper than summers price. and new more efficient miners are going to be released in october-november that are going to bring costs down maning miners could sell for less than today and still profit.

im waiting out a 90exa hash average before i stop worrying about mining sells. although i shouldnt worry as the coin production and the even less coin production that does market react is small compared to coins in circulation and coin production that private contract OTc trade away from markets.

but either way there is nothing to presume a large jump this christmas..
all thee ETF drama and possible future bitcoin baskets of coins tf's will buy once their already purchased bitcoin baskets had their shares bought wont happen untill after christmas.
you know fresh financial year where they can declare 2018 as a loss to cut down on their tax bill.
ETF's wont want to profit this late in th year and have to declare larger tax bills.

I really think this will not continue at all to be high and mighty green all the time but I can sure say that October can be certainly high in value, But the November and December will be highly unlikely, We can surely say that the holidays can be merry and because of it may be the point doesn't mean it can sure reflect the fact that the market will be the same, I truly believe that every December markets were very doubtful with the increase that much because people will be needing the money to prepare the holidays, That's why they will be using their hodl Cryptocurrency to celebrate it.

Last year although the price of BTC and other great coins were very good on the market but comparing it with this year I think it will do better this year. Lets hope for the best to come in October to December. 

Better than nothing it seems, tired of those number discussion that only base on subjective experience in the end.


The trend of mining has ended, the hype the chaos of panic buying of hardware slowdown since mid year. So investing into more gpu is a great idea.

Free electricity and low-cost machines are the passive income I'm in.

You're right, today we haven't seen a rapid development like 2017, but at least bitcoin is able to survive at 6K, and that is a very good effort.

I'm not sure about Bullish will come this year. I know that bitcoin is able to create very high volatility, but seeing the current weak condition of bitcoin, bullish will not come this year.

BITCOIN hardware has increased
over the last 12 months it went from 7-49th which is a 7x growth of mining rigs
march-may showed least growth but june onwards showed the most

last years gen asics can be bought at 3x-4x cheaper than last years prices and gen gen asics are coming out soon so the growth will continue


GPU? dang your about 4 years too late, or found yourself in the wrong category.. maybe you're talking about altcoins

So, this year is a year of decline for Bitcoin which was deliberately made down this year. I think Bitcoin can't be controlled by anyone, but I believe that if Bitcoin can be played by the rich investors. But my hope is that Bitcoin could rise later this year and I will always remain optimistic about the increase in Bitcoin.

this time is good to buy more bitcoin and hodl until this end off year or may be this november will be rain in money,,buy more guys ;D

this year we have seen speculation topics like this almost every 2 months. first it started with people saying first two months are always dropping price then from 3rd months we rise. then that didn't happen they said April is a rising month every year. and so on and now we are near the end of the year and people are saying end of the year is "rise" so we should see a rise.

at this point we may see a rise but only because it has been time for a rise for some time now and it is getting late. but not because some trend happened in previous years.

I am happy that I have read good vibes like this and have the market goes good to make us all happy with the christmas and especially with the family. we are always positive.I will not forget how good the market last year month of november to december hopefully this year also

i do laugh at the ethereum crowd. worried about ASIC (strong hashpower) so want to go to a zero cost user-sign algo(ripe for a takeover). or go to GPU(weak hash) algo

thing about GPU vs ASIC is all the coins that go GPU and alter the algo to prevent asics, is that then AMD(ATi) rule the planet debate replaces ASIC manufacturers rul the planet.. sam argument just different company.

even with PoS people are already forming syndicates and combining coins to have more 'stake' to.. basically making stake pools to get more chances of winning rewards and then sharing out the proceeds. so even PoS has the same complaints as those saying PoW is bad..
the down side of PoS is that theres no cost to sign a block and so the zero cost does not form a baseline of support to help give a coin a good price support bottomline.which is why PoW coins fair better when they have good hashpower backing them

when it comes to altcoins they have always been focusing on how to play with people's emotions more so that they can create a bigger hype to pump their coin and make a bigger profit.
the thing about mining and ASICs have been a clear example.

there is a big drama going on with bitcoin that has been saying for years that bitcoin mining is centralized and they say it is so because of China and ASICs. so as a result when an altcoin wants to advertise they say they are "ASIC resistant" which is a big lie and is only said to pump the coin! it started from 2010 when LTC was created.

Oh yes me too! Looks like the rainbow after the rain is gonna show during the yuletide season. Perfect time of the year in my opinion and hopefully it will continue until the New Year. I'm not superstitious but there is a Chinese superstition that says that whatever is started in the new year will continue all throughout the year. It's a superstition but hey, look at China now. They are already a cashless society, right?

Actually Christmas is a bearish time for Crypto. Now is the time for bullish. As the Binance owner said, bull run can be anytime now, 1,2 or 5 mins later or may be 1-2 days later, but we are near.

that is what OP is saying too! he is saying NOW meaning from October to December is the time for being bullish not exactly Christmas.
although i don't see any reason to believe him because the market sentiment has not changed yet.

Nice words that's a new word in the crypto vocabulary, so far in the past 7 years Bitcoin have not yet embarrassed us, but this is a very different year there are so many FUDS and so many bad news and restrictions that people are almost giving out investing and continue to sell their shares, but let's see what the remaining 3 months will give us.

The volatility of bitcoin now makes investors think! If I do not hobble, then this indicator of calmness was not in the history of its existence!

We need to stay positive and like what OP said time to buckle up and wait for the bull to run stronger, let see if there's a lots of big investors to showed up
and start pumping the market, 3 months might be enough for the market to wake up and start rallying, it's better to hope for good thing to happen than be depressed and sell out with big losses.

We've seen small increases almost every week for the past few months, with the usual spike around the 7k's, yet these price movements are leading us into nothing, which means that they're nothing more than usual fluctuation and should not be taken as a sign that a massive upward is about to happen. We could see an increase in prices in the upcoming months, but it won't be because a bullish trend triggered a btc rally, it'll be because it's about time we see some upward movement after a long period of accumulation thanks to the bear market.

Well everybody is waiting for this bearish market to finally end. It took so long and since it is "Ber" months now, I know everybody is waiting for Santa to come / for bitcoin to rise. For sure everybody will be very happy. But we don't have or we can't expect too much from it coz we are just going to hurt ourself if it dont happen.

I've been thinking of doing mining in the later years, but I find it not that efficient, and the profit is too low. Thank you for this, I will again try to analyze how I can profit. Things on mining bitcoin is getting excited.

Yeah there's really no obvious reason to expect a bull run to end the year. The cryptospace has been relatively quiet besides the rumblings of a SEC ETF approval, so there isn't much to spur speculators into action. December being a strong month has been a trend for three years running though, if I remember correctly, so it will still be interesting to see if the month really has something to do with price movement.

As happy to hear that there are still a lot of optimists who strongly believe that this year, as in the past, it will be noticeable the price jump in a holiday period. I myself really would be happy if this happens, but anyway I am still remain with my opinion, that this year will not be repeated the last year scenario. At best, during the holiday period, price will reach 10k.

for sure.  So must be ready to don't miss the opportunity again. because probably there will be a surprise pump of value again like what happen before year end of 2017,   just accumulate  more now and  reject those who always saying negative  about bitcoin because they're anti bitcoin.  Lol wherein despite of some negative thoughts on btc they always jump on it to gain quick profits also.  For short selfish fuds.  Haha

mining and profitability of it is not that simple to call it profitable or not just based on a quick look at the prices. also it is not just bitcoin you can mine with ASICs, there is also altcoins which may be the reason why that first person franky quoted was talking about GPUs!
if you are interested in mining then start calculating everything. you can use one of those online calculators like https://www.coinwarz.com/calculators and try to do some speculation about the profit you may make. also know that it is changing. if you find it profitable now it may not be the same tomorrow. but also when mining altcoins you can always switch between them.

I think that is only because people are not spending as much as they do during summers. I think on winters people stay at home, go to work, watch movies and what not. Normally on summers or at least when the weather is great people go out, they go to cafes, go to vacations, go to places to meet with friends and even when watching a movie they go to cinemas.

During winters people just stay at home, which means less money spent. Hence Christmas and the bonus people are getting usually goes to investment and savings accounts. When they get into bitcoin those money start to pour into bitcoin and crypto.

We have been in this situation this since June already so its obvious that we won't see any bull run this year. This trend is somewhat disappointed, but we can't do anything because what's left are speculators who uses bot for trading. So there's no sign in the horizon for now, unless some good news will stir the market for a upward trend. But then again, everyone should used this as a measuring stick on how they can withstand the bearish mode and be flexible, accumulation is one good option.

My goal has met and the positive view of most Member is still HOPEFUL. That’s better and bitcoin will long to stay with that.

About mining, sorry for the misunderstanding for not mentioning about altcoin/ethereum as my main coin and not bitcoin for obvious reasons.

But so long bitcoin friends, don’t lose patience as what this bearish market will drained you.

LMAO.

People sell all their trades or whatever at the end of year for 2 reasons usually:

1) To celebrate Christmas.
2) To close the books of the current accounting year.

So santa bitcoiners ain't gonna save nobody's ass, and FYI, being a optimist doesn't make you Santa(bitcoiners)'s bitch, unless you're a hooker.

yeah i have doubts as well that on this upcoming month of November is the right time  for market to climb not on this month of October because market nowadays is just showing tends to pump which is probably in my opinion it gaining strength to jump again, because it always made a correction since October started . So must accumulate now and invest to become profitable soon. Instead of waiting for more results 'cause market always suddenly bounce without any sign.

Well, we cannot say yet how market would turn out, but there could be some possibility for some movement upward, which a lot of analysts are hoping for but that is not certain until we are able to move from the big triangle formation presently. We can see bitcoin going back to test the bottom of this triangle and how we do from here will determine how we go in the long run.

There is huge optimism in the air though for those who have always seen ember months as the month where things get to change hugely in the market with respect to increase in value of coins, but I guess this is something we will have to wait and see how things would turn out.

Nothing is actually certain yet, and like you said, many people always dump their stash on the market before the end of the year to celebrate Christmas, a lot can happen before then, so let's just assume Santa could come with the gifts before Christmas... ;D ... Well, whichever way things turn out actually, who cares? The market has already been in a Christmas period for a while now with all the discounts he is giving to the smart ones to buy low, so it practically depends on each individual how they really want to be making the effort to stash up for the long run.

This optimism is the result of what crypto holders have observed in every year-end and nothing wrong on that. I mean when more people start believing something and start accumulating then market will not have any other option excepting reacting the way how most people do believe.

To just agree with such statement is an understatement, but to trust your views about this optimism of individuals to cryptocurrency and its holder is one of a kind.

Nothing like respect is a better wording for such incredible explanation. I do upset sometimes as human does, but we can uplift each other by this and thats what this thread is really made for.

Can’t merit such post as of now, doesn’t have enough smerit to give. But deserving one.