Bitcoin Forum

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

I think it will break through $20,000 at the end of 2018 and should stay above $50,000 in 2019.

Actually it is very difficult to predict at present market situation. But you are right that in 2017 market was raised in uncontrolled position that aspection of crypto lovers raised high.So i think it should go with slow and steady that if it goes to fall, it would not like present market condition. So don't that where market will go in 2019/20 but think when market will go its previous condition.

until now I have not found a sufficiently accurate prediction from any source that mentions the growth of bitcoin in the future. but as we know, bitcoin moves up and down with a very slow motion and the positive thing that I get is that bitcoin currently has a fairly healthy response from investors who invest in bitcoin.

A typical example to back up my opinion in this discourse is a natural happening: the case of a hothouse. Artificial warmth there make seed to sprout almost spontaneously. Exposing such unnatural growths to natural weather conditions such as winds (even slight ones) could easily collapse the plants.

In contrast, think of a seed that will have to unconditionally surmount all challenges pose by nature to grow and become a tree...

Slowly but surely. This growth would last for a better time if the market would be always the same like where it is right now.

You can think of many things while its on the bear mode however while looking at that part, you'll manage to think that this bear is giving us an idea on how big is going to be the next bull run. We're not sure when it will happen but we are sure that it will come soon and that's any moment from now on.

Even in the basic endeavor of human lives, there most sustainable form of growth is a steady one. When you see an individual who suddenly became rich without any obvious growth period, much often than not, its always a phase that would soon pass. The same thing applies to companies set up by entrepreneurs that started and in one year became the talk of the society, if we group such companies together, 90% would go under before then next 5 years not because its a curse but certain growth needs time to find a base to mature and penetrate. For bitcoin, I would subscribe fully to this steady growth that have failed all self predictors of what the price will be to the general feeling of the entire market participants.

That grows is phenomenal if it can reach 20k and stay above it entirely in 2019 then we would really have the best of the times considering at present situation. though we have enter the last quarter of the year and expected to pick up some of the movement now and hopefully will be near 20k by 2018 end.

Logic says slow and steady lasts, but if we look at Bitcoin, it has actually become quite a phenomenon in that it grows extremely quickly, before falling but maintaining some of that level and the climb back up again.

If we waited 10 years for slow and steady, from 10k BTCs for 2 pizzas, I doubt we would even be at $1000 today. So who knows? Maybe lightning fast is also sustainable.

Too optimistic. Its not going to reach up to $10K this year that's where the market goes if you think of how it will go because its unsure what will happen when ETF is approved next year. Its been moved over and over.  The slow growth  of BTC right now is a positive sign but is going to be different from last year, this growth is safer than last which is like the pump and dump scam.

We have reached a stable stage where supply and demand stabilize at a given price of $ 6,500. The highest rate will be at $ 7,500 and a low cost at $ 5500.
I do not expect this approach to change so we may maintain this price for several months.
After significant changes such as the lightning network, regulations, mutual acceptance of these currencies, prices will change significantly.

If you're looking at a bit like an investment object , then surely everyone would like to that the rise will be steady and slowly. In this way, this market would be able to go up and down without any fear to increase their savings.

It really depends,  that's a huge expectation in 2019, remember how it gets stronger from time to time not just a year, but uptrend was just in a year,  however if it comes up to 20k above,  maybe the stable price if going to fluctuate in a certain time would stay lesser 20 or greater than 20k but 50k is kind of impossible in a short time.

My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year.

One thing with a huge spike in growth and most especially those that happen as a result of manipulations and greed, they can never be sustainable. It is a normal occurrence in any market and the market will always have to pass through stages, and trying to jump start it into becoming what it should not in a short term, the chances of seeing it retrace will always be there.

It is just like in normal life, you can force a child to grow quickly as there would always be a lot of things to learn along the line and if you take a child that is meant to be in basic school to a high school, his brain will not be able to sustain what is being taught. Just put that child in the case of bitcoin here.

So far, I can even say it is apparent that the market is always sustainable when there is a steady growth.

By now, I am sure everyone should have gotten the gist already that the only time a market can be very sustainable without much fear or greed is when the market is in a steady growth and even if there is a correction, it would not always be a very terrible one. As long as people get greedy, join FOMO and the market skyrockets for no reason at all except for greed, the chances of seeing a huge correction afterwards is definite and I am sure we have all seen an example lately and in the past as well. If it is a huge growth that came about based on real life usage and demand, that is a different case, but for something driven by speculations, that is not a good thing at all.

Your predictions are totally baseless. The price is not able to cross $7000 and you are talking about $20000 till the end of this year. It is totally nonsense. If you think that the price will once again bump like the previous years, there is nothing like that. The price will remain the same if there is no or low demand. It if reaches to $10000, it will be enough.

Quick growth is not guaranteed like the previous one. We have quick growth experience already, therefore I think that slow and steady growth is good and will last forever. When the price increases with the passage of time and according to the market cap it will never dump in the future, but if there is unnatural growth it will definitely collapsed suddenly.

Quick growth will last, in this I don't mean that price will rise 10x and keep the same, no. Bitcoin was stable 600-1000 usd for some months after fork. Then it begin to rise, at first 1000 usd was like an anniversary day, from 1000 we soon move on 2000, this continue on and on, as you see finally we got 20K, this growth was quick from the begining, nothing to mention about how quickly it grow by 4K in one week. Btw from this story, bitcoin felt but it's stable 6000K. I think there will be some skyrocket shit after the next fork, we will get absolutely more than 25K by the end of 2020 year.

No one can be right actually as no one can tell what the next month or the one thereafter would come up with, and the fact that we are still below $7k, does not mean we would cross it and eventually make it a support and then the chances of seeing some huge growth may be there, but like I said, no one can tell and nothing is guaranteed as we cannot see the future.

We have the time and trend however to lead us to knowing where the market would actually eventually end up at the end of everything. Nonetheless, based on the Op's question, quick growth that is driven by greed and not real demand is never sustainable.

Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year.

From that bump it is clear that quick growth Is not good for bitcoin. We need slow and steady growth with consistency and which never drop again. If the price grows continuously the investors will rise in number and everyone will be confident and relaxed while putting his money in bitcoin. But with regular corrections nobody will take risk in bitcoin investment.

This year's market is really very bad, because every time the rate of decline is very fast, and the decline is very large, which will make many investors feel fear!

I would go for slow and steady growth. This would last for a long time but expecting a quicker growth on a short term, may end up in either loss or a closure, but at times such strategy works fine. It happens rarely. Those who stood in the market now, had a slow and steady growth at one point.

Yes but what this is mean?

Quick growth followed by the price correction then the recovery phase of the prices is the best kind of growth keep maintain their prices for last until so if there is too much of price increase in very short period then the chance of price fall is high followed by.

Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.

I doubt that miners will simply stop just because the price is below their profitability. Where do you think those miners go? Go mine altcoins or Bitcoin Cash (BCH)? I don't think so. They can still make a lot of profits from mining bitcoin simply because they can just hold and wait for the next bull run. We might not see a break out this year, but definitely a reversal will eventually happen and there will be more demand in the future.

Slow and steady wins the race; it is perfect here in this market. We have already seen the consequences of abrupt growth which ended in collapsed and downed thousands of investors. I think that slow and steady growth is long lasting and the investors will be happy with slow growth especially bitcoin traders. When the price moves up every day, they can also make good profit every day.

Quick growth is good for the short term investors or who want some quick money during that time and they move away from the market. But for those who want continuous rise for the along term will never prefer a short term growth as they want to invest their money for the long growth which yield them good returns year on year.

If some of the miners stop mining means then the remaining miners will continue to work because now they have more chance of making money since they have low competition level there.So definitely miners won't fade away unless the prices fell too much which is not worth to sell.

Long-term growth is the dream of many financial investors because it can bring huge profits to them in the long run but in the moment I think the cryptocurrency market needs a lot of time to be able to play Follow the new trend. There is a lot of turmoil in the market today and that is really worrying investors.

In my opinion slow and steady growth last for long, because we all know that slow and steady wins the race. Quick growth always drops again and not good overall for crypto market. The price of bitcoin will grow steadily with the passage of time. The investment capital will increase day by day and so will the price, no matter how much time it will take.

Miners know the best chance for them is to be patient at the moment and a whole lot of miners that have been in the market in the past have always known this actually.

At this point, no one even knows if the market has bottomed out enough eventually or if we are still going to see more lows in the long run, but for what we have seen so far, it is imperative that we end up having a good and steady growth that is driven by real demand.

Growth driven by FOMOs and speculations are never sustainable. There may not be a big activity in the market at the moment, but it does not mean we won't get to see the big activity eventually.

Quick growth assumed to be produced temporarily and will be back to its original price according to investment cap, and we know that people have lost big money when the price collapsed from $20000 to $6000. $14000 is a very huge amount and a person can do many things with this money. I am not in favor of quick growth in bitcoin or Altcoin prices.

Yeah, there is always that thing with slow and steady when it comes to gradual adoption and not getting to see some quick spikes downward and that would even make it a better store of value as well as get to see some pretty good level of usage as well rather than some people just trying to want to get greedy as the case may be and that is certainly one thing that I believe will never be sustainable as long as it is a spike caused by FOMO and greed. I guess we have all seen the outcome anyway for a while now, and it's something I believe is obvious enough for everyone to know and see.

Yeah I also agree with you, everything with high speed will finish with the same speed. If it is fast its end will come fast and if is slow its end will come slowly. To observe this formula I can say that for long lasting bitcoin slow growth is much favorable. When the price increases gradually with the investment cap it will never drop and we will see a better future.

I would say all of the growth are equally essential depending on the timing. While a slow growth could be the most preferred, it does not make it the most palatable for example in this era of slow growth and backtracking being witnessed in the past couple of week, a surge in price won't do any bad rather it will reinvigorate the dying interest that people have in crypto market at this time in which if build upon, could thereafter be a slow and gradual growth.

Nobody will consider quick growth as permanent because quick growth is always for short time and may be temporarily created. Slow and steady growth is always natural and according to the market cap. When the price increases with the market cap it will never drop in the future, but without investment the growth in the price is like the bump in the previous year. This thing is understandable.

These miners can invest their money in some good coins other than bitcoin or they can start mining Altcoin. There are many options for them. The problem is that everyone in this world is for making money and when you spend your own money and the result is zero and no profit, will you continue it? If yes then you are the foolish person in this world.

I don’t know if you all do check and compare the price of Bitcoin from 2009 to this current day. There is a huge difference and that’s what we call a slow but steady growth, which occurs as more people continues to join this community daily. Any other growth apart from that is a pump which is getting dumped at anytime.

But we need both of them and I don’t prefer any above the other. This is a market and there should always be some up and downs which a few people can profit at the moment if they are interested in short-term, then as for those who wants to go long-term, they can continue to hold a particular coin for as long as they wish.

Slow and steady wins the race. It is natural that slow growth is forever and sudden growth is always not according to usual things. When you try to climb in hurry, there are many chances that you collapse but if you climb gradually and carefully no chance for collapsing. The same is here in crypto market. If a price rise with rocket speed, it will collapse like rocket.

As usual even in physical world, take for instance in business of buying and selling, an entrepreneur that is consistent in making of profit, understands the road to profit. So, it is clear that slow and steady growth is consolidating and grows with time instead of making all the profit and goes down in the next month just like last december.

A poll in addition to the replies will do the trick in conducting such opinions from us.

Nevertheless, you have already observe that 10 out of 10 or 100% of the time, members do prefer a steady and slow growth for stability.

No one wanted a quick and totally pumped price except for newbies who want to be a millionaire within a week.

Obviously, and most especially for smart investors, which is the thing that differentiated real investors from those who are just busy looking for ways to make quick cash. Real investors deal with information and knowledge with the space and they are able to put few things together to make quality decisions which is one thing most of those who are just looking for quick growths will never be able to make.

Slow and steady growth is always the best as that shows sign of maturity and sanity in the market and not just some quick spikes that can easily get dumped the same way up.

It is possible to reach this price in the years you mentioned, but the biggest challenge we have is: for how long would bitcoin remain at the $ 20,000 level? what we saw last year was just a pump in the price, but the most important question was: how much time could you keep if you had the $ 20,000 price? it would be necessary to have a lot of constant demand to maintain this price of $ 20,000 for a long time. Where would this constant demand come from? These are the questions I have and I do not find answers.


to reach $ 20,000 this year very difficult, I would say that it has less than 5% chance of this happening, in the same way that I would say that it has less than 5% of the next year to reach the price of  $50,000

In my point of view slow growth will last for long because it will be according to the market cap and not temporarily created like the previous one. I am sure that in the next year the price will be good because of huge investment and not because the end of the year. Some people have made their mentality that the price increases at the end of everywhere which is totally wrong.

Lol, I don’t think people knows what they want. When there is a fast growth a lot of people complain and say that’s bad and you see them start calling it a bubble and saying it needs a correction. When there is a slow growth you will still see them complain and say the market is very slow and you see a lot of people starts quitting. Quite funny.

There is no big growth to be seen since February 2018. The price is almost stuck between $6000 and $7000. If the price bumps like the previous one, it will collapse once again in the next year because such growth doesn’t match market capital and this is the main reason for its collapsing. We should be optimistic and don’t expect any big bump in the coming months. Slow and steady wins the race.

People want quick growth but we have already seen the consequences of quick growth in the previous year. The problem with quick growth is that it is never according to the market cap and just because of manipulation. When the price grows through manipulation and there is no increase in investment capital, the price would definitely collapse. That’s why it is not good.

I think that quick growth is never a good sign. Easy come, easy go that is how I see it. Steady, supported growt is something that I like much more. Although failure is possible in any option quick changes on the market is not something that I like to see too often.

I would definitely prefer on this way rather seeing a volatility spiking up $10k to 20k in a short span of time. Gradual increase and less volatility would be much preferred and
might be considered to be adopted my merchants or any other institution but I doubt situation would be just be the same when it comes to volatility since the demand had
increased.This do only have the problem with scability.

I feel you mate! The truth is that a lot of people do not even have the knowledge of the market, let alone be able to wrap their heads around what they really want from this market as far as I am concerned. Usually, the growth that will always last is the quick and steady one, and not just some quick spike upward as a result of FOMO and people getting greedy and in those sorts of latter chances, the possibility of seeing the market enter a deep correction like what we just had recently will always be there.

Well, that was simply because the repercussion of the greed and FOMO that happened the previous year actually caused a whole lot of them to not understand that such growth that is driven by speculation is never sustainable because people are getting greedy and at some point when they all start cashing out, of course, what would be expected. Slow and steady growth is the normal growth that would always bring about sanity in the space and not just some greed based growth.

Me personally from what happened ending last year and begining of this year, I would prefer a steady growth rate. When the price suddenly pump, it scare new people away and since no new person is willing to come in at then, the price will crash. But on a steady growth rate, investors will have no reason to be afraid.

I don’t believe your predictions. It is totally nonsense. Are you a bitcoinist that know the future of bitcoin? I only believe in people’s trust. If they invest more and more money in bitcoin the price will grow otherwise it will be the same as it is today. I assume bitcoin as a regular currency and don’t expect any big bump in the coming future. This price is normal for bitcoin users.

And so what? Assuming I say a slow and steady growth, what would you do, cause the market to start having a slow and steady growth? Makes no sense asking the question cause everyone here has different opinion in their mind. Even if you decide today to do things that will help the market have slow steady growth, the whales will find a way to alter that cause they are interested in is pumping the price and dumping it for their personal gains.

Lol. The thing is that even whales realize that a lot of people see this space as a get rich quick scheme which is what makes the market extremely speculative anyway and knowing that there will always be greedy weak hands in the market, with no knowledge or experience of how a market is or how to handle themselves, at the end, they will always get to instigate some market movement.

Of course, there is no one that will not say steady growth is good since it is sustainable as there is no craze or insanity or greed, just some gradual adoption, but we all know that is not something we will always get to see, at some point, FOMO usually kick in for most markets, and this is when we get to see those quick spikes.

Next growth won't last long, people teaches by desperate fall of the price of this year will be afraid of repeating and will selling their founds sharply. With such strategy we may not even see 20000 $ ever again.

However, the volatility of cryptocurrency prices has being an identity and is known by many investors, even from those spending money to invest in cryptocurrency the first reason they have is price volatility. Depend on someone maybe, what is certain is that everyone who invests in cryptocurrency is those who dare to take all risks, until they finally get a profit. But for those who put money in a heart full of doubt then the person found a loss.

bitcoin growth from year to year will of course experience tremendous growth and at this time the condition of bitcoin prices has grown very much from the initial price which is still very cheap and until this year the price has become very expensive has provided evidence that bitcoin's growth is very fast.

It is normal that if you have experienced what quick spikes cause as a result of greed and FOMO, you will likely prefer a steady growth. However, the thing is that everyone will always have a different way to things as well as a different opinion.
For most traders, they would not actually mind those huge spikes as it is that volatility that gives them joy most of the time, when it comes to making more money from the market fluctuations and so many times we have seen that this market is more speculative in nature, so it is a normal thing to always expect that there would keep being increases like this.

I hope that slow and steady growth will last for long long time, in fact we have already experience a quick growth which cannot lost for lot, but very soon it burst like a bubble, but I hope that this time bitcoin is growing gradually and I hope that this time it will stay or a long long period.

In my opinion slow growth will last long but I like quick growth in these days, because I want bitcoin to reach its previous highest price $20000 so that I will be able to recover my deficits. Just one time and then if the price corrected again no problem I will be ready for that. If the price grows slowly it is also good but continuous growth as we have seen no growth for the last several months.

Slow and steady wins the race , slow and steady action is more effective than rapid growth action.slow and steady growth price of bitcoin is everlasting and effective that growth higher rate.

actually it would be great if the growth of bitcoin prices rose slowly and this would give a good picture of everyone about bitcoin and crypto, because fluctuations that are too high make it difficult for them to predict investment risk and profit targets.
but again again crypto is decentralized and the market will set prices for certain, we can only hope, analyze, guess market trends and determine profit targets, but markets have their own lives

Quick growth is always temporary and we have seen it everywhere and last year where in November the quick growth happened lasted some time only and faster that in 2018 we all know hat has happened so far. So better to have steady growth which would be for long time.

I don't in favor of steady growth, and that is not long last in crypto and the fluctuation was always there. A most likely trader like in having fluctuation so that they have a better profit not just like steady growth you can't able to trade other coins. And I think it is normal for cryptos that having a fluctuation every now and then.

Thinking on long term slow growth is much better and sustainable. Fast growth is only interesting for fast profit and speculation, consequently the price falls right after a high peak and then it's time to get the money off and wait for the best moment to invest again. It makes the environment more risky, so inexperienced investors will have more difficult to adapt themselves on Crypto world, probably avoiding this market again in the future.

Unfortunately, at this moment we have none, quick or slow growth... It's completetly stagnant.

We never knew the flow of cryptocurrency in the future but for us as cryptohodlers we wish that the value of our cryptos will grow faster just like what bitcoin became last year.

The problem in short span is that it is temporary and will reverse again after some time like the previous one. The price jumped from $4000 to $20000 in just four months and then collapsed and came to $6000 and still stuck there. No growth and no positive trend in the market have seen for several months. Slow and consistent growth is better than quick and big growth

Slow and steady. We can't say for sure when the price of bitcoin will start rising rapidly again, bit if predictions are correct then we shall expect a rise by the end of the year. Hopefully, it will start improving the market. Quick growth would be harder to recover from if the price drops down just a day later.

It is better for the growth to be slow and constant because that way we know that it's real growth and is not based on speculation, but it's impossible to control the market and if speculators want to buy bitcoin in huge quantities then that is going to make the price to go up for the short term whether we like that or not, my advice is to try to take advantage of whatever movement the price of bitcoin does.