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Bitcoin => Bitcoin Discussion => Topic started by: Leviathan.007 on November 14, 2020, 05:16:52 PM



Title: The last time we saw 16K on Bitcoin price
Post by: Leviathan.007 on November 14, 2020, 05:16:52 PM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink
https://i.imgur.com/5oPKSh9.png
2018
1.04$
2020
12.89$

Ripple
https://i.imgur.com/gfUAhA5.png
2018
1.87$
2020
0.25$

Litecoin
https://i.imgur.com/lhGPrDu.png
2018
239$
2020
65$

Ethereum
https://i.imgur.com/KDs4i31.png
2018
1337$
2020
463$


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Sebas.tian on November 14, 2020, 05:32:02 PM
Sincerely those altcoins are shitholes from their existence, that which ban-fools me is the Ripple coin. Sometimes 2018 i bought some quantities for my holding before the price dropped and am yet to regain my lost glory with ripple. The regret i had was not buy Chainlink coin becasue the coin wasn't made my choice, i followed the market blindly. Bitcoin is the sure investment for everyone mostly those with the aim of long-term.   


Title: Re: The last time we saw 16K on Bitcoin price
Post by: The Cryptovator on November 14, 2020, 05:38:58 PM
That's why we shouldn't ever compare Bitcoin with any other shitcoin. Even Bitcoin drops for quite some time, but it has been recovering soo faster. I have lost many form shitcoin, even still holding some of them. But not recovering from years. I don't when we will see a bull run for shitcoins, but we are on a bull in bitcoin. Shitcoin is just a pain, nothing else.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Oshosondy on November 14, 2020, 07:15:02 PM
I do know anything about altcoins, all I know was that bitcoin was at $3800 at one point in 2018 around March, and now bitcoin is at $16000, that is not all but bitcoin will also be $20000 soon. I also like the fact that bitcoin is now getting world recognition which makes it stronger, with time bitcoin will reach all time high. We need to be very careful of altcoins because they can fall abruptly. Although I see some altcoins that gained truly, but we should be careful of the way they fluctuate abruptly, bitcoin has been the best coin to hold.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Casdinyard on November 14, 2020, 07:16:40 PM
That's why we shouldn't ever compare Bitcoin with any other shitcoin. Even Bitcoin drops for quite some time, but it has been recovering soo faster. I have lost many form shitcoin, even still holding some of them. But not recovering from years. I don't when we will see a bull run for shitcoins, but we are on a bull in bitcoin. Shitcoin is just a pain, nothing else.
There are even cases wherein fees are higher than the assumed profit from selling those coins. In my case, I choose to just keep them as a souvenir from the project's I've worked with. At first ofcourse no one knows whether a coin will be useless in the future or not so it is quite a matter of speculations.

The difference in terms of price recovery might have something to do with the number of users, transactions, demands and the volume itself, which is far from what most of the altcoins are having leaving them best for short term holding. Most of the altcoins projects are only lasting for months since further developments are not working. There are only few which are having recoveries as years passes by. There is a slight to no chance at all for those altcoins who were left behind because most of those projects are now considered to be "dead".


Title: Re: The last time we saw 16K on Bitcoin price
Post by: jossiel on November 14, 2020, 07:42:45 PM
That comparison of why many portfolios are bleeding. They focus on altcoins but don't give importance to what bitcoin can do with their portfolios in times like this. Good prices way back then but looking at it today, it's almost unlikely.

Chainlink was the one that had a good performance for this year. But if we're looking to the start of this year, there were a lot of altcoins that are also doing good just like Ethereum.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: verita1 on November 14, 2020, 07:49:39 PM
This analysis reminds me that Bitcoin is the father who is skilled in business and altcoins are his children. There are some children who are rebellious, others are extroverted and introverted. This is how the market is composed of cryptocurrencies of various nuances. But Bitcoin with its track record has proven that it is a reliable asset in the crypto space. Another thing that occurs to me to think that the crypto market is very speculative and manipulative.



Title: Re: The last time we saw 16K on Bitcoin price
Post by: Gozie51 on November 14, 2020, 08:11:31 PM
Bitcoin is the sure investment for everyone mostly those with the aim of long-term.   

Before this time, bitcoin got to $16k in 2017. In that year, it proved to be the best cryptocurrency of all time. And recently, it had a touch at that level, we are likely to keep seeing such and altcoins will begin bull soon. Etheruem as the altcoin leading all others is going to start a growth back to the ATH.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Mpamaegbu on November 14, 2020, 08:48:12 PM
Going by the OP's data it means only Chainlink did very well within the time bracket (2018 - 2020) from $1.04 in 2018 to $12.89 in 2020. However, I know altcoins will always rise once there's a Bitcoin bull run. I look forward to such a time around this bull run (that has taken Bitcoin to $16,000) which will resurrect penny tokens/coins below one cent and then take them to three to five dollar or above. It happened in the past and I know such happenstance will reoccur soon.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: n0ne on November 14, 2020, 09:18:48 PM
We've been experiencing something similar to the year 2018, but the growth of altcoins by then happened as a result of hype. Now the market is quite mature with people getting into cryptocurrency with better understanding. Maybe after the price crossing $20k we can expect the market to grow same as the previous year. In comparison to altcoins the growth with bitcoin is big, and this is why bitcoin always leads the entire cryptomarket.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: snarlpill on November 14, 2020, 09:30:16 PM
Some good comparisons there OP. Compared to some of the other altcoins, Dogecoin actually hasn't done too bad in the past 2 year period.
Dogecoin November 1, 2018 High- $0.004 USD
Dogecoin November 1, 2020 High- $0.0029 USD
Source: https://finance.yahoo.com/quote/DOGE-USD/history?period1=1447459200&period2=1605312000&interval=1mo&filter=history&frequency=1mo&includeAdjustedClose=true

Personally I feel that anything other than a very short term investment with altcoins is highly risky. Most altcoins are very influenced and affected by Pump & Dump schemes and unless you are able to watch the market for your altcoin holdings nearly 24/7 you are likely to miss out on the highs and lows. For instance you could be away from your phone/computer for 24 hours and have missed your altcoin catapulting to its All-time High and then dropping down to its All-time Low shortly after once all of the big traders/holders dump their coins.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: oktana on November 14, 2020, 10:13:04 PM
I kinda regret not buying chain Link. I was told about it by a friend. It was december last year and the price was barely $1. Now its risen beyond my expectation. Also. I'm not impressed at how XPR is going. Bitcoin is what has really made me feel proud.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: LUCKMCFLY on November 14, 2020, 10:22:53 PM
There is something that will always be fulfilled, when bitcoin is in a bullish trend, all altcoins will rise in price, some investors shelter their money in altcoins already when they confirm the bullish trend and just make the first correction, at that moment is where they determine that It is the best way to buy because as bitcoin follows its bullish path, altcoins rise from 2x to 10x some, many of them only have one pump and their lives are ending, others remain in the market according to their investors have available, obviously this occurs when bitcoin is in a bullish trend.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Coyster on November 14, 2020, 10:28:26 PM
Personally I feel that anything other than a very short term investment with altcoins is highly risky. Most altcoins are very influenced and affected by Pump & Dump schemes and unless you are able to watch the market for your altcoin holdings nearly 24/7 you are likely to miss out on the highs and lows.
+1 to your points, I generally consider most altcoins to be only short term investments, i know there are some people who hold altcoins, but honestly I can only feel comfortable if I'm holding an altcoin like ethereum, and prolly a handful of others, the rest are more or less pump and dump coins, and will not hold their value for the long term. Bitcoin is different from all of them, that's why it's possible for it to rise and plunge and then rise again, Bitcoin is definitely bound to cross it's ath very soon, it's great for BTC holders to see it gain traction all over the world, and with the kind of adoption Bitcoin got this year alone, it's growth will continue non-stop.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: stadus on November 14, 2020, 10:33:11 PM
Not a good comparison with the current situation IMO, bitcoin that time is still a bit bullish, and the popularity of altcoins was still there, now they struggle so we will not certainly gonna see a good price in overall, also, you only choose a very limited number of altcoins, but if you'll add more, like the top 100 or top 50, for sure the previous times are still profitable.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: ZZ8ZZ on November 14, 2020, 10:41:31 PM
I agree with you on the shitcoin part. I was a part of so many projects back in 2016 and 2017 where 98% of them are completely dead now. I kinda knew that this was going to happen and did some bad decisions holding a large sum of shitcoins without selling even a few, but this year I came back stronger than ever and invested everything I had in BTC. Already took some great profits because of the current price, hoping that it will go even higher so I can empty more bags.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: RapTarX on November 14, 2020, 10:44:48 PM
You are comparing altcoin with bitcoin? Well, just sharing an info about chainlink. It's supply is less than 40% of the max supply while BTC circulated supply is above 88%. There are a lot of other factors you should taken care of.
However, if there's one altcoin which I would love to have (may be I have  :D) is Litecoin.
This discussion better suits in altcoin discussion I guess.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Jating on November 14, 2020, 10:49:17 PM
You are comparing altcoin with bitcoin? Well, just sharing an info about chainlink. It's supply is less than 40% of the max supply while BTC circulated supply is above 88%. There are a lot of other factors you should taken care of.
However, if there's one altcoin which I would love to have (may be I have  :D) is Litecoin.
This discussion better suits in altcoin discussion I guess.

I think he was comparing the price movement of bitcoin and how it bounce back to $16k again. While the rest of the altcoins that time was having a good price, but majority didn't do well up to this point.

And it's good to see that bitcoin is just like 16% below it's previous all time high when it hits $16,500 in the last couple of days (although we have witnessed another correction in the last 48 hours).

So lesson learned here is that we should stick to bitcoin regardless if we go on bearish cycle as compare to alts because its resiliency and recovery will be faster that those shitcoins.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Oceat on November 14, 2020, 11:02:27 PM
I bet most people are still on the shit coins if Bitcoin didn't reach this price right now but who knows? Bitcoin has the tendency to reach above level of price than what we expected I guess every halving we'll experience this kind of bullish price compared to most altcoins. Ethereum is always the second best choice if there's a Bitcoin bull run because it sure does follow the trend that's why investing on it is recommended.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: OcTradism on November 15, 2020, 04:59:28 AM
Screener for % down from ATH is free with Messari.io. Link: https://messari.io/screener

Click on Metrics & Filters and choose % Down from ATH to get a table. You need to create an Free account to customise the screener. The filtered table will give your a summary on altcoin prices in the last 3 or 4 years. It is for most of altcoins to hit their ATHs in 2017 or 2018. For younger altcoins, their ATHs can be in 2019 or 2020.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: ardentvolcanoes on November 15, 2020, 05:07:49 AM
I bet most people are still on the shit coins if Bitcoin didn't reach this price right now but who knows? Bitcoin has the tendency to reach above level of price than what we expected I guess every halving we'll experience this kind of bullish price compared to most altcoins. Ethereum is always the second best choice if there's a Bitcoin bull run because it sure does follow the trend that's why investing on it is recommended.

It's been the trend that each halving that take place, the value of bitcoin really rallied high who knows without this pandemic maybe bitcoin is not to this

level chances that it's already gaining back the last time high or it's already passing that level. With those corresponding alts, we don't know if what will

be the fate, chances that they might try to make the run and bring investors around, just need to be more careful and always think wise.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: error08 on November 15, 2020, 05:15:05 AM
altcoins can't keep up with bitcoin even after bitcoin reach $16k, most of my altcoins holding still in loss in the portfolio.
Trading altcoins is a losing game, if bitcoin price rise up, altcoins price seems to increase a little bit, but if bitcoin drop, altcoins decrease even deeper.
Only a few altcoins seem to survive and tend to go up in price regardless of the declining bitcoin price.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Cnut237 on November 15, 2020, 08:20:14 AM
I think a lot of the interest in alts is because people see that bitcoin increased hugely in price over the years, and feel they've missed the boat. They jump into an alt, lured by the upwards component of price volatility, and thinking it will be the next bitcoin. Perhaps they hit lucky and buy something good, most most likely they buy something that has no future.

The thing is, people haven't missed the boat on bitcoin. There is no need to look elsewhere. Bitcoin is nowhere near its maximum potential yet. Bitcoin can really change the world. It's not too late to buy in!


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Oasisman on November 15, 2020, 11:00:01 AM
altcoins can't keep up with bitcoin even after bitcoin reach $16k, most of my altcoins holding still in loss in the portfolio.
Trading altcoins is a losing game, if bitcoin price rise up, altcoins price seems to increase a little bit, but if bitcoin drop, altcoins decrease even deeper.
Only a few altcoins seem to survive and tend to go up in price regardless of the declining bitcoin price.

Not an altcoin season. In 2017-2018 the cryptocurrency market in general was in a bullrun, but we're in a different situation today. Maybe the rising number of shitcoins coming in to the market has divided the investors, thus lossing their focus to top alts, taking chances to get real quick once a shitcoin pumps.
This what's separates Bitcoin among the majority of alts in crypto market.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: cheezcarls on November 15, 2020, 12:48:21 PM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink
https://i.imgur.com/5oPKSh9.png
2018
1.04$
2020
12.89$

Ripple
https://i.imgur.com/gfUAhA5.png
2018
1.87$
2020
0.25$

Litecoin
https://i.imgur.com/lhGPrDu.png
2018
239$
2020
65$

Ethereum
https://i.imgur.com/KDs4i31.png
2018
1337$
2020
463$

I remember the time that when I used to buy Ripple at $0.77, but quickly sold it at almost $4.00 before it gets dumped hard. Not bad for a profit though. I honestly believe that Ripple may not be able to grow parabolic like Bitcoin, Ethereum, etc. I can call Ripple as an “almost stable-coin like” because it stays between the $0.20 to $0.27 range.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: rat03gopoh on November 15, 2020, 01:23:15 PM
The high prices of altcoins in the past were identical with fake volume. However, time has slowly proven that no matter how hard the efforts of the altcoins, it will not equalize the existence of bitcoin which is just quiet without any nonsense promotion.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: coin-investor on November 15, 2020, 01:47:55 PM
This is the reason why Bitcoin is the most desirable asset to buy in the market

Dominance: BTC 63.7% ETH 11.1% USDT 3.84%

All of us here have Bitcoin as their primary portfolio this is the most secured investment in the market, all the other are just pump and dump coin, yes there are coins with a good platform, but enough to get into the top, and some of these platforms are just imitation of existing platforms


Title: Re: The last time we saw 16K on Bitcoin price
Post by: DougM on November 15, 2020, 01:50:25 PM
I bet most people are still on the shit coins if Bitcoin didn't reach this price right now but who knows? Bitcoin has the tendency to reach above level of price than what we expected I guess every halving we'll experience this kind of bullish price compared to most altcoins. Ethereum is always the second best choice if there's a Bitcoin bull run because it sure does follow the trend that's why investing on it is recommended.
  I agree with you but add that Ethereum *might* get interesting on its own because of its upcoming shift with 2.0 from current Proof of Work (PoW) consensus algorithm to Proof of Stake (PoS) in 2021 (or could be an epic mistake resulting in the price crashing  :o))  Time will tell...


Title: Re: The last time we saw 16K on Bitcoin price
Post by: nemey on November 15, 2020, 01:57:11 PM
It's true, until now the price of bitcoin has remained at $ 16k. And maybe this value may not increase again until the end of this month. Just going back up in early December. Because the movement of other coins began to slow down and there were no major increases.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Nhor1011 on November 15, 2020, 02:33:11 PM
I think better to hold ripple and eth now, who know next year will be there year if now is for bitcoin. Well, bitcoin is really the best digital currency to invest. Those who buy during March and hold until now will surely gain a lot.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: dificanovi on November 15, 2020, 03:52:15 PM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.


bitcoin is very easy to go up again because bitcoin is still used by people for transaction fees for buying and selling goods.  In shitcoin there are those that have experienced price increases and some have experienced price decreases, this is because there are some shitcoins that people still use and there are also shitcoins that are no longer useful, this is what causes the dispute over the price of shitcoin.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: erikoy on November 15, 2020, 04:03:42 PM
Nice presentation of data OP. I just remember that it did happen to ETH reaching to 1K USD but now down only to 400 + USD per ETH. Not bad either with ETH because we know that it still keep going strong in the market. However, we can see clearly now that among the coins in the market, it is bitcoin will stand. Chainlink may have a good market for now but we do not know what will going to happen in the future by the coin. Hopefully it will still get strong as what the community wanted to happen.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Oceat on November 15, 2020, 04:58:24 PM
I bet most people are still on the shit coins if Bitcoin didn't reach this price right now but who knows? Bitcoin has the tendency to reach above level of price than what we expected I guess every halving we'll experience this kind of bullish price compared to most altcoins. Ethereum is always the second best choice if there's a Bitcoin bull run because it sure does follow the trend that's why investing on it is recommended.

It's been the trend that each halving that take place, the value of bitcoin really rallied high who knows without this pandemic maybe bitcoin is not to this

level chances that it's already gaining back the last time high or it's already passing that level. With those corresponding alts, we don't know if what will

be the fate, chances that they might try to make the run and bring investors around, just need to be more careful and always think wise.
This pandemic had nothing to do with the Bitcoin price, it will continue to move unexpectedly but the only thing that budge the price is when Trump got covid-19. That news made the market to drop suddenly but it's just a couple or more days Bitcoin price did manage to grow back again. This just proved that the pandemic is not affecting the Bitcoin price it's just the adaptation is suddenly growing stronger that's why Bitcoin price did grow slowly.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Reid on November 15, 2020, 05:06:04 PM
Thanks for the reminder.
I have sold my Ethereum back those days. It was $1k+ also. I forgot the exact figure.
Then I bought it back at $230-260. Now, I am in profits once again. Lucky.  ;)

Bitcoin though is something I won't sell just yet. I believe there is much more we could experience than this.
Chainlink. Ahh, I never had the guts to buy that. Could have been profitable too.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Asuspawer09 on November 15, 2020, 05:48:09 PM
It's hard to believe that bitcoin reach 16k$ once again but I guess this could only mean one thing for most of the investors, surely the potential for profit is high, Bitcoin market price could easily skyrocket up to 20k$ hopefully in the coming months.

Still, when it comes to altcoin there is still a lot of potential for investment in altcoin, trading altcoins in the market is really profitable even in altcoins or investing in a project. But I'm surprised that there was no major movement into these altcoins.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Anonylz on November 15, 2020, 06:08:56 PM
Sincerely those altcoins are shitholes from their existence, that which ban-fools me is the Ripple coin. Sometimes 2018 i bought some quantities for my holding before the price dropped and am yet to regain my lost glory with ripple. The regret i had was not buy Chainlink coin becasue the coin wasn't made my choice, i followed the market blindly. Bitcoin is the sure investment for everyone mostly those with the aim of long-term.   

If the reverse was the case am sure you will say the same thing about chainlink, a shitcoin because the price is down, am sure base on your interpretation eth is also a shit coin since it has been unable to recover back to its price of 2018,
Maybe perhaps that 2018 price was just an over speculated price, what we are seeing at present is the actual worth of this coins, just something to pounder about.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Smartprofit on November 15, 2020, 06:40:29 PM
Chainlink token (Chainlink does not have its own blockchain) became a successful project in 2020 thanks to DeFi. 

Many altcoins have not recovered their value since 2020.  Ethereum's price in January 2018 was nearly $ 1,500.  However, this (probably) happened due to the actions of the cryptocurrency company Block.one (the organizer of the EOS project).  In 2018-2019, the drop in the price of Ethereum was more significant than the drop in the price of the first cryptocurrency. 

Bitcoin is the most valuable cryptocurrency.  Now its price is $ 16,000, but I believe that soon its price will exceed $ 20,000.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: NeilLostBitCoin on November 15, 2020, 08:29:29 PM
It's hard to believe that bitcoin reach 16k$ once again but I guess this could only mean one thing for most of the investors, surely the potential for profit is high, Bitcoin market price could easily skyrocket up to 20k$ hopefully in the coming months.

Still, when it comes to altcoin there is still a lot of potential for investment in altcoin, trading altcoins in the market is really profitable even in altcoins or investing in a project. But I'm surprised that there was no major movement into these altcoins.
I read somewhere that it will actually happen maybe next month or Q1 of 2021  and I believe in that, that's why I am holding my money now and wait for it to pump because I feel it! 20k is coming, maybe it will go some dump now but eventually it will go higher so keep your bitcoin now, get away to some fud and trust bitcoin.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Emmychris on November 15, 2020, 11:18:20 PM
This is more reason we shouldn't compare bitcoin to any  altcoin, bitcoin has the potential to rise again after it must have fallen, but most altcoin when there fall there find it difficult to even come back to its actual price, so bitcoin still remain the best cryptocurrency so far, and there is a possibility of bitcoin hitting $16k early next year.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: DougM on November 16, 2020, 12:13:18 AM
Thanks for the reminder.
I have sold my Ethereum back those days. It was $1k+ also. I forgot the exact figure.
Then I bought it back at $230-260. Now, I am in profits once again. Lucky.  ;)

Bitcoin though is something I won't sell just yet. I believe there is much more we could experience than this.
Chainlink. Ahh, I never had the guts to buy that. Could have been profitable too.
Nicely done with your Ethereum I held my Ethereum up to the peak then down  :'(


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Jating on November 16, 2020, 12:49:57 AM
Thanks for the reminder.
I have sold my Ethereum back those days. It was $1k+ also. I forgot the exact figure.
Then I bought it back at $230-260. Now, I am in profits once again. Lucky.  ;)

You could also bought it back when the price went down hard to $80, I'm sure that those who have scoop ETH on that price are very very happy. I just had a discussion with that last night with a friend which I taught to invest early on ETH.  :)

Bitcoin though is something I won't sell just yet. I believe there is much more we could experience than this.
Chainlink. Ahh, I never had the guts to buy that. Could have been profitable too.

Bitcoin is different though, yes, we shouldn't sell it even if the price goes to $16k of today or even @$20k, so much potential to reach a new all time high in 2021 and who knows what the price will be. LNK? just another pump and dump altcoins.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: nebuch on November 16, 2020, 03:35:58 AM
Since Bitcoin is the major coin in crypto world it is the only coin does not manipulated by other altcoins which means btc is the one who control the beat of market price. Correct me if i'm wrong, bitcoin is the starting coin that can trigger the market to bullish place. Altcoins may in bearish buti bitcoin goes in different direction.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: shoreno on November 16, 2020, 04:11:12 AM
the reason why you love btc pumps is because shitcoins go dump ? but your definition of shitcoins are offensive to other people . you already gave  4 example of shitcoins but for the most of us those coins belong on the top altcoins and not considered as a shitcoin .

 the one that can possibly excluded is the xrp , other people call eth a shitcoin which is really wierd too but for ltc and link , i havent heard anyone call these shitcoins .


Title: Re: The last time we saw 16K on Bitcoin price
Post by: carlisle1 on November 16, 2020, 05:17:05 AM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink
https://i.imgur.com/5oPKSh9.png
2018
1.04$
2020
12.89$

Ripple
https://i.imgur.com/gfUAhA5.png
2018
1.87$
2020
0.25$

Litecoin
https://i.imgur.com/lhGPrDu.png
2018
239$
2020
65$

Ethereum
https://i.imgur.com/KDs4i31.png
2018
1337$
2020
463$
I think no one that has been in this market for years that won't believe about the recovering of Bitcoin from dumping market.

And best example is the Bear happens last march that many Panicking investors take out their funds and regret what happen after a month.

It's not completely recovered guys, but it will recover soon, there is still a year ahead, so seeing that 2021 - 2022 after this thread is created, those who already have tickets are waiting for everyone to buy them, in early 2020 it looks like everyone will return to rally more good and recover fast
Actually Bitcoin already recovered because what happens Last march when the price fell down to 4k level and not took more than 16k .


Title: Re: The last time we saw 16K on Bitcoin price
Post by: traderethereum on November 16, 2020, 05:55:44 AM
It's not completely recovered guys, but it will recover soon, there is still a year ahead, so seeing that 2021 - 2022 after this thread is created, those who already have tickets are waiting for everyone to buy them, in early 2020 it looks like everyone will return to rally more good and recover fast
I guess so. It will recover in the next year, and we still have more time to see that will happens.
We can only wait for the bull run to come, and we should use this moment to buy bitcoin before the price really increase so high.
Right now, the price is back to $16k, and the price is trying to increase, although it seems the moves are not too fast.
Maybe the price will rise in the next few days, and if that happens, I guess that the price will break $16,500 again or $17k.
Until that time, we need to be ready for that moment.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: error08 on November 16, 2020, 06:31:28 AM
It's not completely recovered guys, but it will recover soon, there is still a year ahead, so seeing that 2021 - 2022 after this thread is created, those who already have tickets are waiting for everyone to buy them, in early 2020 it looks like everyone will return to rally more good and recover fast
I guess so. It will recover in the next year, and we still have more time to see that will happens.
We can only wait for the bull run to come, and we should use this moment to buy bitcoin before the price really increase so high.
Right now, the price is back to $16k, and the price is trying to increase, although it seems the moves are not too fast.
Maybe the price will rise in the next few days, and if that happens, I guess that the price will break $16,500 again or $17k.
Until that time, we need to be ready for that moment.

The probability for bitcoin to recover by the end of this year still high considering how the market still in a bullish condition, today bitcoin will retesting $16,5k resistance, if it works then $17k is closer than what we may think. 2021 and 2022 will be a different story for bitcoin, depend on the new ATH, probably $25k or $30k, the correction may cause a big dump to a certain level but it should be able to recover faster than the last time. hopefully, we could see bitcoin reach $50k by the next year.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: abel1337 on November 16, 2020, 07:00:31 AM
It's hard to believe that bitcoin reach 16k$ once again but I guess this could only mean one thing for most of the investors, surely the potential for profit is high, Bitcoin market price could easily skyrocket up to 20k$ hopefully in the coming months.

Still, when it comes to altcoin there is still a lot of potential for investment in altcoin, trading altcoins in the market is really profitable even in altcoins or investing in a project. But I'm surprised that there was no major movement into these altcoins.
I read somewhere that it will actually happen maybe next month or Q1 of 2021  and I believe in that, that's why I am holding my money now and wait for it to pump because I feel it! 20k is coming, maybe it will go some dump now but eventually it will go higher so keep your bitcoin now, get away to some fud and trust bitcoin.
These kinds of speculations are common when bitcoin got is on a bull run. If you searched on the internet, there are many articles that are speculating bitcoin that will reach an eye-catching price. That is one method of making the readers persuaded by buying with bitcoin. On the contrary, this is also happening when it's bear season, There are FUDS everywhere.  It's true that you can gain some profit if you bought it today but imagine if you bought it at the lowest price this year, The profit would be astonishing. As a believer, We know that it's possible that bitcoin will hit this kind of value again.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Mr.sprin on November 16, 2020, 07:50:46 AM
Since Bitcoin is the major coin in crypto world it is the only coin does not manipulated by other altcoins which means btc is the one who control the beat of market price. Correct me if i'm wrong, bitcoin is the starting coin that can trigger the market to bullish place. Altcoins may in bearish buti bitcoin goes in different direction.
what you are saying is the truth that bitcoin is indeed the king of crypto which clearly regulates the movement of all tokens in crypto, because bitcoin is highly recognized and sought after by investors.


It's true that bitcoin is like a king among other altcoins, all altcoins like to follow bitcoin price movements, bitcoin is indeed worthy of being sought out and targeted by investors.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Negotiation on November 16, 2020, 08:22:27 AM
Since the demand for bitcoin is much higher in the crypto world other cryptocurrencies are being dumped bitcoin will not last long there is a possibility of price increase the reason why coins are considered as shit coins is that the demand for currencies is low. However there is no need to exclude other coins if demand gradually increases the market will recover we have to wait for this and BTC's pump will take the crypto market higher.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: elisabetheva on November 16, 2020, 08:38:01 AM
Since the demand for bitcoin is much higher in the crypto world other cryptocurrencies are being dumped bitcoin will not last long there is a possibility of price increase the reason why coins are considered as shit coins is that the demand for currencies is low. However there is no need to exclude other coins if demand gradually increases the market will recover we have to wait for this and BTC's pump will take the crypto market higher.

Bitcoin has indeed been making surprises that no one expected in recent months, bitcoin is changing short-term investments and changing prices quickly, both down and up. thus confusing other altcoins to be able to follow the movement, it seems altcoins are not doing anything. but with time altcoins have also adapted.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Shasha80 on November 16, 2020, 09:23:20 AM
Bitcoin has always been the best choice for investment, because it has proven that Bitcoin price recovery is very fast, several times
Bitcoin fell below the price of $ 5000. But soon the price of Bitcoin will definitely go up, no wonder Bitcoin always dominates the market.
In the opening post, only chainlink prices have gone up, that's also because this year DeFi has hype, so chainlink prices can be pumped.
So in conclusion we have to focus on investing in Bitcoin, especially after Bitcoin managed to reach a price of $ 16,000. According to my
prediction, Bitcoin will return to a price of $ 19,000 soon.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: aysha9853 on November 16, 2020, 09:35:47 AM
chanlink (LINK) has such good potential in 2020 and with DeFi makes LINK even more attractive to investors, so with the news from Paypal, bitcoin has soared, I think other potential altcoins are CRO, SOL, and DOT


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Malam90 on November 16, 2020, 10:20:51 AM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink
https://i.imgur.com/5oPKSh9.png
2018
1.04$
2020
12.89$

Ripple
https://i.imgur.com/gfUAhA5.png
2018
1.87$
2020
0.25$

Litecoin
https://i.imgur.com/lhGPrDu.png
2018
239$
2020
65$

Ethereum
https://i.imgur.com/KDs4i31.png
2018
1337$
2020
463$

Only Bitcoin is real and lovely cryptocurrency that is loved by by all crypto lovers. We have seen $16k in December 2017 and after 3 years recovered with many ups and downs. It has touched its glorious point again but still other top coins can't recover. Ethereum is still 3x less, LTC 4x less and other coins are nearly same position comparison to 2017. It proves that only  Bitcoin is real and it can't be give comparison with any altcoins.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Vishnu.Reang on November 16, 2020, 11:28:14 AM
I am of the opinion that most of the altcoins will not get to their ATH again if they are able to survive. Most of them have been down for 3 years without any sign of recovery.

Hmm.. OK. So they have been down for 3 years. Agreed with that. During these 3 years, have they managed to find a real-life usage for themselves? I would say that 99.9% of the altcoins doesn't have any real life usage, other than as speculative investment assets. There are a few exceptions such as USDT (for trading in place of USD), Monero (anonymous payments), Ethereum.etc But do you expect the alts to survive in the long term, if they don't have any real-life usage?


Title: Re: The last time we saw 16K on Bitcoin price
Post by: sarmrakib on November 16, 2020, 11:53:35 AM
Bitcoin is the sure investment for everyone mostly those with the aim of long-term.   

Before this time, bitcoin got to $16k in 2017. In that year, it proved to be the best cryptocurrency of all time. And recently, it had a touch at that level, we are likely to keep seeing such and altcoins will begin bull soon. Etheruem as the altcoin leading all others is going to start a growth back to the ATH.
Yes we have touched the 16k$ once again and leading the market as it was in past .On the other hand ethereum also leading the altcoin its still on the 2nd position without beaten by other .It always prove that those are the best project ever .I hope btc will get new ATH level soon.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: sarmrakib on November 16, 2020, 11:56:07 AM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink
https://i.imgur.com/5oPKSh9.png
2018
1.04$
2020
12.89$

Ripple
https://i.imgur.com/gfUAhA5.png
2018
1.87$
2020
0.25$

Litecoin
https://i.imgur.com/lhGPrDu.png
2018
239$
2020
65$

Ethereum
https://i.imgur.com/KDs4i31.png
2018
1337$
2020
463$

Only Bitcoin is real and lovely cryptocurrency that is loved by by all crypto lovers. We have seen $16k in December 2017 and after 3 years recovered with many ups and downs. It has touched its glorious point again but still other top coins can't recover. Ethereum is still 3x less, LTC 4x less and other coins are nearly same position comparison to 2017. It proves that only  Bitcoin is real and it can't be give comparison with any altcoins.
Yes its really true that we love bitcoin for all the time .You mention the less recovering process of altcoin but eth is still on the 2nd position with huge amount of volume and transaction .I think when btc become stable altcoin will get the bull run and will be recovered as well .


Title: Re: The last time we saw 16K on Bitcoin price
Post by: AmoreJaz on November 16, 2020, 01:17:15 PM
I am of the opinion that most of the altcoins will not get to their ATH again if they are able to survive. Most of them have been down for 3 years without any sign of recovery.

Hmm.. OK. So they have been down for 3 years. Agreed with that. During these 3 years, have they managed to find a real-life usage for themselves? I would say that 99.9% of the altcoins doesn't have any real life usage, other than as speculative investment assets. There are a few exceptions such as USDT (for trading in place of USD), Monero (anonymous payments), Ethereum.etc But do you expect the alts to survive in the long term, if they don't have any real-life usage?

most alts have very short lifespan like couple of months in the trading market. some can extend up to 6 months but you will observe that their last months are pretty dull and showing continuous decline of price. those are alts with no use case whatsoever but just pure talk from the dev team and manipulation in the market.
 there are only few alts that have real use case like what you mentioned above and a lot of them, we dont actually need. so dont expect there will be sign of recovery for crap alts


Title: Re: The last time we saw 16K on Bitcoin price
Post by: taufik0911 on November 16, 2020, 02:35:39 PM
I don't think it's shitcoin but it will take a while to recover the price
if we look at their ICO price, they have reached more than 100% base price of the ICO then to me it is not shitcoin
shitcoin is an alcoin whose price is currently way below their ICO price
think about it again


Title: Re: The last time we saw 16K on Bitcoin price
Post by: gospelzm on November 16, 2020, 02:53:46 PM
No matter what, Bitcoin is slightly but steadily moving towards $280,000, the mark that, according to PlanB, will be reached by the end of the next year.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: (o)(o)ilikeboobs(o)(o) on November 16, 2020, 03:36:28 PM
It is too early to conclude anything related to Bitcoin since $ 16k is a good resistance, good support and it is important that we no longer see Bitcoin at 16k that Bitcoin needs to move to $ 18k, continued according to $ 20k and other prices.
History repeats itself often, we have seen Bitcoin at 10k on several occasions, possibly in the next $ 16k price zone.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: sapnu on November 16, 2020, 04:08:03 PM
As fas as I remember, the last time that bitcoin reached $16k is in the year 2017 wherein every projects that time succeeds. Different platforms and blockchain technology is being proposed and there so many investors who are really supporting every promising project. Every ICO that time succeeds but still there are some scam projects that time so I am careful joining particular signature campaign to join so that my time and effort is worth it.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: SirLancelot on November 16, 2020, 07:44:46 PM
People have been saying this same thing for a long time now, so there is nothing new about it. It’s like something we all knew was going to happen, no matter how long it was going to take we knew that the price will eventually increase later on after it fell in 2018, and that’s what is about to happen this time around.

I was not even expecting it to be this high this year, because right from time what I had in mind was that 2021 was going to be the year that we will see the price increasing this high, but it seems things have changed and 2020 will likely be the year.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: otto2012 on November 16, 2020, 09:23:01 PM
Bitcoin is $16,800 and rising. Where do you expect the next stop to be? Any pullbacks?


Title: Re: The last time we saw 16K on Bitcoin price
Post by: CryptopreneurBrainboss on November 16, 2020, 11:46:31 PM
History repeats itself often, we have seen Bitcoin at 10k on several occasions, possibly in the next $ 16k price zone.

I'm thinking bitcoin crossing $20k wound be one of its biggest challenges of 2020 if that can even be achieved before the year runs out. We might experience similar price reaction like we experienced at $10k that saw the price struggling to break out with the $18-19k trading price. Bitcoin haven't left the $10k zone yet we might still experience that price in future especially when there's a retraced.

I remember when the story was the $5k price zone was never to be experience after an astonishing 2017 bull run but it all shocked the industry when the corrections took the price below that mark.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: rodskee on November 17, 2020, 12:14:07 AM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink
https://i.imgur.com/5oPKSh9.png
2018
1.04$
2020
12.89$

Ripple
https://i.imgur.com/gfUAhA5.png
2018
1.87$
2020
0.25$

Litecoin
https://i.imgur.com/lhGPrDu.png
2018
239$
2020
65$

Ethereum
https://i.imgur.com/KDs4i31.png
2018
1337$
2020
463$
Actually I don't believe in the word "We Love It" because we are only buying coins make money and not to truly support those coins.

But on the other hand it is better that we have this treatment so we won't be engaged too close to each coins we are buying instead
we are always ready to release in any point.

today Bitcoin is trying to break the $17,000 barricade as we can see the price now is $16,700+ too close for the next level and to finally
create a new ATH either this year or the next.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: traderethereum on November 17, 2020, 09:17:04 AM
The probability for bitcoin to recover by the end of this year still high considering how the market still in a bullish condition, today bitcoin will retesting $16,5k resistance, if it works then $17k is closer than what we may think. 2021 and 2022 will be a different story for bitcoin, depend on the new ATH, probably $25k or $30k, the correction may cause a big dump to a certain level but it should be able to recover faster than the last time. hopefully, we could see bitcoin reach $50k by the next year.
With the price now at $16,500-$16,600, I think we will see the $17k almost at the end of this month because the price is moving too high or down too low.
So we need to give it up more time for bitcoin price to increase, and maybe there will be a pump for bitcoin to jump to the $17k in shortly.
I guess that the new ATH can be at $25k-$35k or even higher because the last ATH will be at $19k, so the price could be double at the last ATH.
But that could be wrong since that is the only a prediction because people predict that bitcoin price can be at more than $50k.
But we need to be careful with the correction because the correction can be too deep before the price increase or jump to a high level.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: imstillthebest on November 17, 2020, 10:02:10 AM
As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.
Actually I don't believe in the word "We Love It" because we are only buying coins make money and not to truly support those coins.
But on the other hand it is better that we have this treatment so we won't be engaged too close to each coins we are buying instead
we are always ready to release in any point.
thats it . you love to make money , you love when the price of the coins increase but you dont literality love the coin by heart . thats was yours decision but we also have ours . i believe the op was talking to btc . he loves the fact that btc can recover after any dump .

 btc isnt just any other ordinary coin but btc was loved . its okay if we wont treat the same to other coins but loving btc as a whole is a must thing to do as a cryptocoiner - bitcoiner .


Title: Re: The last time we saw 16K on Bitcoin price
Post by: blckhawk on November 17, 2020, 10:17:08 AM
Some good comparisons there OP. Compared to some of the other altcoins, Dogecoin actually hasn't done too bad in the past 2 year period.
Dogecoin November 1, 2018 High- $0.004 USD
Dogecoin November 1, 2020 High- $0.0029 USD
Source: https://finance.yahoo.com/quote/DOGE-USD/history?period1=1447459200&period2=1605312000&interval=1mo&filter=history&frequency=1mo&includeAdjustedClose=true

Personally I feel that anything other than a very short term investment with altcoins is highly risky. Most altcoins are very influenced and affected by Pump & Dump schemes and unless you are able to watch the market for your altcoin holdings nearly 24/7 you are likely to miss out on the highs and lows. For instance you could be away from your phone/computer for 24 hours and have missed your altcoin catapulting to its All-time High and then dropping down to its All-time Low shortly after once all of the big traders/holders dump their coins.
And that could be the evidence that not all altcoins were shitcoin. Yeah, they haven't recovered as Bitcoin did right now but I believe that there is another season for them, it is just it isn't their time.
Now getting back, that is the reason why most of my holdings are in Bitcoin. The fact that Bitcoin is the most popular coin among all the cryptocurrencies that is why it getting much attention and being purchase by newcomer investors. The number of users is increasing and giving the reason for its demand to increase as well, in addition, those companies who are venturing to the use of Bitcoin makes a big impact as well.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: samputin on November 17, 2020, 10:24:22 AM
It's hard to believe that bitcoin reach 16k$ once again but I guess this could only mean one thing for most of the investors, surely the potential for profit is high, Bitcoin market price could easily skyrocket up to 20k$ hopefully in the coming months.

~
I read somewhere that it will actually happen maybe next month or Q1 of 2021  and I believe in that, that's why I am holding my money now and wait for it to pump because I feel it! 20k is coming, maybe it will go some dump now but eventually it will go higher so keep your bitcoin now, get away to some fud and trust bitcoin.
Personally, I don't focus much on bitcoin's price. I mean, if it's down that's okay. And if it's going up, then that's better. I just don't take a look at it from time to time just so I can avoid getting sad if the situation is the former.

But earlier today, I checked my bitcoin wallet. I didn't know bitcoin's price is at 16k that's why I am so shocked that my money there increased pretty good. I actually cursed upon seeing it — curse of joy, though. ;D And at that moment, I became so excited. I'm also holding my money and I really do hope it reaches 20k! Looking forward to seeing that.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Ratash on November 17, 2020, 10:37:57 AM
Its true a lot of these altcoins that we thought they could challenge bitcoin have lost some of their values and could not recover from the price downfall but  some of them maintained their value like eth because its still needed as the father of erc20 tokens and i think it will go back to the same price as 2018.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: ufaiz50 on November 17, 2020, 10:52:40 AM
We now have to look up and the upward trend has now started well in the last period. Just had a small dip earlier this year, but fully recovered now.
I think we should now look towards the 20k and then quickly to the 25k.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Ridwan Fauzi on November 17, 2020, 11:34:54 AM
Chainlink has been rising just because its DeFi system, we don't know how its price now if it just like another altcoin. Because, as you may know DeFi system is booming right now, it likes ICO when bull run 2017 ago.

Bitcoin has given a signal that it is not a ponzi scheme or bubble like many people think. Because if they think that bitcoin is bubble then its price will not recover as we can see now. Bitcoin is like gold, the dumped price 2017 ago just a beginnin, there were still many people who reluctant against it. But, now I guess there is no people who will think that bitcoin is bad.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Yamifoud on November 17, 2020, 11:38:13 AM
This year is totally different from what the crypto market had shown before. The market recovery is very slow even Bitcoin had also experienced such struggles.

Just TBH, the crypto market now has failed to fully recover this time, or even we think that we are already in the bullish season.
BTC did the rising trend but wondering why altcoins are still in the deep and the sad thing is that even potential altcoins haven't even stepped outside from the red line.

And if we look at OP, it is clear to see the huge difference in the current year vs last year.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Pamadar on November 17, 2020, 12:41:13 PM
This year is totally different from what the crypto market had shown before. The market recovery is very slow even Bitcoin had also experienced such struggles.

Just TBH, the crypto market now has failed to fully recover this time, or even we think that we are already in the bullish season.
BTC did the rising trend but wondering why altcoins are still in the deep and the sad thing is that even potential altcoins haven't even stepped outside from the red line.

And if we look at OP, it is clear to see the huge difference in the current year vs last year.

With a lots of new trneding projects, the money are splits from different projects.

For now this observation was true as we are not seeing any major bull run from the last ath of those known alts, not even bitcoin is really
moving strong, the bullish trend for bitcoin ain't affecting the alts communities that much, some are moving but still low in terms of last time high, though it's still early and we can't conclude what will be the next moves from those well known projects maybe it will breakout the same way from the last time bull.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Yatsan on November 17, 2020, 09:52:21 PM
The past will stay up in the past. There will be things will never get back again into the usual thing they looked way back years ago. The last time that we saw Bitcoin's price at $16,000 way back 2018 and now 2020 where the price rises up and exceeds that price mark, there are altcoins that on 2018 that managed to keep up cannot do the same thing again this year 2020 like what the Bitcoin have done to recover. We can see the difference between Bitcoin and Altcoins when it comes to recovery but those must not be served into comparison for they are different quantities having their own identities. It is just a matter of demand, volume, popularity and other contributing factors that enable a certain coin to do recovery or just remain the same even after the years that have passed. The experiences we have with those shit coins will serve as a memory or lesson that we must be picky on the coin we will get engage with to avoid the same thing to happen once again.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: mangsitin on November 17, 2020, 10:10:09 PM
everyone doesn't like shit coin.  Bitcoin is the priority of the whale.  I see, now the whales are controlling the market.  shit coin did not follow bitcoin's volatility, in 2017, some small coins like Flixxo followed bitcoin price, but now Flixxo is falling and has no value.  Bitcoin charts today are like charts in 2017.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: lienfaye on November 17, 2020, 10:16:13 PM
Bitcoin and altcoins has different uses and its base on their supporters if they think the specific coin is worth to buy and hold. Majority of altcoins cant even reach half the price of their last ath but its not a problem since we can choose where we want to invest our money to the coins we believe in.

Bitcoin is undeniably the most reliable coin for investment. It can turns up and down but will surely recover even it takes time. Better to not look on the price. If you truly believe in btc even the price is in dip you'll buy because you're confident for its future.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: dunfida on November 17, 2020, 10:19:32 PM
The past will stay up in the past. There will be things will never get back again into the usual thing they looked way back years ago. The last time that we saw Bitcoin's price at $16,000 way back 2018 and now 2020 where the price rises up and exceeds that price mark, there are altcoins that on 2018 that managed to keep up cannot do the same thing again this year 2020 like what the Bitcoin have done to recover. We can see the difference between Bitcoin and Altcoins when it comes to recovery but those must not be served into comparison for they are different quantities having their own identities. It is just a matter of demand, volume, popularity and other contributing factors that enable a certain coin to do recovery or just remain the same even after the years that have passed. The experiences we have with those shit coins will serve as a memory or lesson that we must be picky on the coin we will get engage with to avoid the same thing to happen once again.
Past would  really be past but people cant avoid not to look up on what happened wayback and presuming that it might happen in the present.
We have seen that those coins that had pumped out in 2018 had never ever the chance on recovering on the same way on where bitcoin is
trying to achieve now which do prove out that bitcoin is mainly being supported by many and alts would remain alternative in the end of the day
but somehow they are still trying to reach those ATh's but its still way too far off.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: 24Kt on November 17, 2020, 10:25:33 PM
Bitcoin and altcoins has different uses and its base on their supporters if they think the specific coin is worth to buy and hold. Majority of altcoins cant even reach half the price of their last ath but its not a problem since we can choose where we want to invest our money to the coins we believe in.

Bitcoin is undeniably the most reliable coin for investment. It can turns up and down but will surely recover even it takes time. Better to not look on the price. If you truly believe in btc even the price is in dip you'll buy because you're confident for its future.

Most alts can't recover as they have no use case in the first place. Most alts were created to fund the pockets of the devs. So once they hit the exchanges, the price is in continuous decline, with no sign of recovery. Only those with real applications and continuous development will survive and that is small in number. Whereas, btc, will go up and down in the market but this one will always be the number 1. And seems that we will 20k very soon.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: crossabdd on November 17, 2020, 11:28:23 PM
yes, because bitcoin still hasn't reached the top. so altcoins, especially old altcoins, are still not going up. it is different from altcoins like the link which was released in late 2017. where the price fell has started. but $link succeeded in making the project grow and develop in the 2018 when crypto crisis. so that it was able to survive. while old coins had made a lot of growth before 2017. nowadays altcoins like XRP, Litecoin, stellar, Xlm like are losing their volume. as many investors move to new, more rapidly growing projects


Title: Re: The last time we saw 16K on Bitcoin price
Post by: bitcon on November 22, 2020, 12:50:41 PM
It is too early to conclude anything related to Bitcoin since $ 16k is a good resistance, good support and it is important that we no longer see Bitcoin at 16k that Bitcoin needs to move to $ 18k, continued according to $ 20k and other prices.
History repeats itself often, we have seen Bitcoin at 10k on several occasions, possibly in the next $ 16k price zone.

When we make our prediction here, other people make money. I do not know the best Bitcoin price in 2020, but I am sure BTC will be always growing. This general growth will continue for at least 30- 40 years, with falls and rises of the price.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: raidarksword on November 22, 2020, 02:44:11 PM
History will repeat itself as bitcoin reach $19K days ago and currently stable on $18K. It was the year 2017 it hitted its ATH, it  has great possibility it will reach before end of the year. Altcoins did not do well as much as bitcoin because this is not the year of altcoins in my humble opinion. Though ETH and XRP are slowly climbing up and hopefully it will continue to prosper these coming months especially for the upcoming ETH version 2.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Furious 7 on November 22, 2020, 03:04:07 PM
Bitcoin and altcoins has different uses and its base on their supporters if they think the specific coin is worth to buy and hold. Majority of altcoins cant even reach half the price of their last ath but its not a problem since we can choose where we want to invest our money to the coins we believe in.

Bitcoin is undeniably the most reliable coin for investment. It can turns up and down but will surely recover even it takes time. Better to not look on the price. If you truly believe in btc even the price is in dip you'll buy because you're confident for its future.
Most alts can't recover as they have no use case in the first place. Most alts were created to fund the pockets of the devs. So once they hit the exchanges, the price is in continuous decline, with no sign of recovery. Only those with real applications and continuous development will survive and that is small in number. Whereas, btc, will go up and down in the market but this one will always be the number 1. And seems that we will 20k very soon.
Altcoins are easy to create and indeed they are only chasing money to fund their half-way plans, so now I don't really think about alts flying because at the end it will go to the bottom too, see many maybe hundreds of altcoins that are made but break up in the middle of the road that means The developer does not think about the future but after reaching the exchange maybe their main goal and the products offered are not very popular, so altcoins will not follow bitcoin even though it is currently on the rise.

It's too big to hold alts at risk so I decided not to be long and it's better when the trend just occurs.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: pawanjain on November 22, 2020, 03:06:13 PM
That's quite true. Many altcoins which were pumped in price in 2018 had a big hit and were never recovered.
But there are coins in OP which are comparatively performing well. ETH has done a good job I believe in recovering it's price.
It was just a matter of time for bitcoin though since many people including me believed that bitcoin will definitely recover the price.
Just a few days or weeks more and bitcoin might just cross the ATH price  8)


Title: Re: The last time we saw 16K on Bitcoin price
Post by: minhkhoa on November 22, 2020, 03:09:23 PM
Since the last time on 2018 when was 16K many shit/alt coins we changed in price some of them are fallen down and some others are still rising. As you may know, Bitcoin could recover a huge part of price fall after 2017, but many other big shitcoins still couldn't recover. That's reason why we love it.

Chainink
https://i.imgur.com/5oPKSh9.png
2018
1.04$
2020
12.89$

Ripple
https://i.imgur.com/gfUAhA5.png
2018
1.87$
2020
0.25$

Litecoin
https://i.imgur.com/lhGPrDu.png
2018
239$
2020
65$

Ethereum
https://i.imgur.com/KDs4i31.png
2018
1337$
2020
463$
Bitcoin is always price-deciding compared to other altcoins. Bitcoins are rising but other altcoins are growing very slowly, perhaps the Altcoins need more time as Bitcoin sets new prices. The current price of 18k gives us hope Bitcoin will continue to increase in price and maybe last time I don't want Bitcoin to go back to 16k price anytime soon.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: CapGelatik on November 22, 2020, 03:10:41 PM
now $ 16000 is a strong support for Bitcoin,
until now Bitcoin is still above $ 16000, this is good for the next bitcoin journey,
hope to stay in this zone and give space for altcoins to rise


Title: Re: The last time we saw 16K on Bitcoin price
Post by: Axelseseclevz on November 22, 2020, 03:45:08 PM
Bitcoin always the leader in cryptocurrency and those other altcoins are the followers which is sometimes follow the trend of bitcoin while others made didn't follow bitcoin that's why now that bitcoin almost going back from the last ATH, other altcoins still sleeping.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: baundul on November 22, 2020, 06:11:27 PM
Bitcoin always the leader in cryptocurrency and those other altcoins are the followers which is sometimes follow the trend of bitcoin while others made didn't follow bitcoin that's why now that bitcoin almost going back from the last ATH, other altcoins still sleeping.
Bitcoin is the leader in the crypto world so all other coins change as it changes. But if the change in bitcoin is not fixed, other coins will fall asleep. Let Bitcoin be stable then the real game will start. Alt-coins will quickly raise their heads that cannot be stopped. So be patient, hold on and watch in silence. The rise of 2020 will be much higher than in 2017.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: maartenhaha on November 22, 2020, 07:10:07 PM
now $ 16000 is a strong support for Bitcoin,
until now Bitcoin is still above $ 16000, this is good for the next bitcoin journey,
hope to stay in this zone and give space for altcoins to rise
Altcoins have opened up space, I am very excited to see the top 10 altcoins following bitcoin steps and like my prediction XRP will increase even faster due to the news that XRP fork on 12 December, very confident that XRP will return $1.


Title: Re: The last time we saw 16K on Bitcoin price
Post by: stadus on November 23, 2020, 08:23:52 AM
now $ 16000 is a strong support for Bitcoin,
until now Bitcoin is still above $ 16000, this is good for the next bitcoin journey,
hope to stay in this zone and give space for altcoins to rise
Altcoins have opened up space, I am very excited to see the top 10 altcoins following bitcoin steps and like my prediction XRP will increase even faster due to the news that XRP fork on 12 December, very confident that XRP will return $1.
There's always a hype when forks happen on popular coin, honestly, I'm not so updated with XRP as I think centralized coin is not a great investment but we can't deny how success XRP already, and it's always a top 10 most performing coins in the market.