Bitcoin Forum

A quick recap of cryptocred’s ideas https://medium.com/@cryptocreddy/bitcoin-bull-market-considerations-de3aa0b57029  (https://medium.com/@cryptocreddy/bitcoin-bull-market-considerations-de3aa0b57029)

First of all, I’ll say that I’m confident that BTC will reach new heights, however, I think that this new growth in an upcoming bull market won’t be as rapid as it was in 2017. There are some reasons:

1) In 2017 majority of people just knew about a revolutionary blockchain technology, and was fascinated by it. Nowadays there is a different situation — this word is now on hearing and people won’t go here just for a new technology

2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.

3) From the technical point, the price grew in a free flight —  there were no any resistance levels. Now, after this market dump, there are a lot of resistance levels have been appeared and the price will have to break all of them

4) Probably, many of people who now have minus balances will want to exit of crypto to fix their funds from losses as soon as they became green.

If you found this post useful, I will be really appreciated for +merit.

In 2017, we observed the period of the hype, now it is slowing down. At this rate, we simply go out to the bear bitcoin market. The change of paradigms in the crypto-currency market is quite normal. The bitcoin rate can not be linear. But it also can`t take new heights every day. The change in the price of bitcoin should be assessed at least for an annual period, rather than comparing the current rate with the maximum value.

It is so obvious that people with huge amount of money that can do that already knows that people are waiting for it. They will clearly wait for people to lose hope with Bitcoin and try to sell out all of their holdings, and once that happens then they will easily start to bring the price up again and people will start to be FOMOd again.

You've probably summed it up best in points 1,2 and 4 dude and I've the same thinking. What happened to btc on that last quarter of 2017 usually happens to ICOS that get listed and even they don't get pumped that hard for a long time. Not a few people lost huge amounts or currently holding with a deep negative and that served as a lesson for those that got in or those that just planning to get in to btc. Though same as you, I'm also positive about bitcoin's future regardless of what's happening to it now.

I think that is because at that time,bitcoin is gaining so much popularity and many have tried to invest on it, many people got interest on it so the price went high. But in just few days after it reached its peak,many people have sold their bitcoins and as a result made bitcoin's price worse.

Mistakes can really happen to any investor yet price is way too unpredictable which cant be avoided to buy on ATH or peak prices which it would really result into negative later on due to much hope on bitcoins price and most coins in the market into last years price movement. We are being dragged out on the hype or urge of feeling that price might even more shoot up but in result we are experiecing the opposite thing. I dont even think we would see those kind of movements. Confidence would really be lesser than into those last years.

Bitcoin will actually not going to grow the way it was in 2017 and this not because it becomes too popular but because it was over price in 2017. We are hearing a proved into bitcoin price manipulations in 2017  by USA government and I think price was actually manipulated.  Now bitcoin is correcting and I believe that this is healthy for the market.  Bitcoin needs to be stabilize for it to be able to be adopted by the retail and wholesale businesses.

The reason for huge raise in bitcoin price last year is due to many reasons.The important one in bitcoin is legal one in China.In china most of mining farm was their last year.The number of trader in China is 3/10 of world investors.The ban news in China affect the bitcoin market very huge.

Well now we hear that apparently the growth we saw in 2017 was supposedly due to price manipulation, we would actually need to have a similar event happen this year to see the same level of gains. I think that in 2018, people are switching from a more long term trading strategy, to a now more short term strategy. Last year, few people were shorting BTC, it was all about the hodl mentality. Few people would have bet against bitcoin, so that's why I think leveraged trading (e.g. Check out 1Fox) will be more popular this year.

I do not think that it was a price manipulation but there were so many other reason which put wings to bitcoin, for example legalization of bitcoin by Japan was a big factor, there were some other countries who also make bitcoin as legal currency in their country, i think that after Julley bitcoin price will hope start increasing again.

Well this is all started in the concept of Chinese new year when everyone is trying to sold their bitcoin for this holiday but I think this is not the only reason why the price dump this year. People are being hype last year, so expected the price will rise high that much and this year even we hype the market there is still no reaction because people learn from the previous mistakes, and maybe we are in a normal market now.

Bitcoin won't grow fast as it was in 2017 because there were so many altcoins that were developed and also because of misinformation that was fed by some social media regarding cryptocurrency.

* 1. Blockchain and Bitcoin are totally different in my opinion. And I don't think that is one of the reason why they got to bitcoin in the first place. They went here because of money, it is what is it and doesn't matter if bitcoin runs atop blockchain. As long as people will find a new investment and make profits they will go for it.

* 2. You saying that newcomers will not go back to market again. I agree that there have been a lot of newbie investors who got burned. But I think they will be back soon, that is when the market bounce back.

* 3. There are a lot of resistance as well back in 2017. But just like we saw, people are willing to pour their cash because bitcoin was not yet regulated during that time. We might see correction in 2017, but we can bounce back easily in matter of weeks because of so much money flowing that time.

* 4. Yes, that human nature, and as what I said in point 2. But then again, when are we going to see the market going back again? At least 5 figures will be good to say that its safe to go back and re-enter the market again.

I agree with you because many people invest in bitcoin but don't know blockchain technologies, just following news and friend. I think we hope many companies to support bitcoin and apply blockchain technologies.

This is because 2018 is set to be the accumulation phase for the market. We all know that last year bitcoin surges up at a very high (20k USD) without any correction or price retracement.

We all know that what goes up must go down and this year 2018 is that year. If i were you, i will buy more bitcoins at 5,000 price level. Because this is the bottom and a good price for accumulation.

So many bagholders now, just take a look at silver spending months of consolidation at a tight range. Just pray bitcoin won't follow suit LOL

2017 is a record breaking year for bitcoin and until now we feel that market is still correcting from its huge run up last  year and many new investor was rekt with current situation what tjey thought bitcoin is a golden opportunity  to gain quick profit but opposite happen may this current bearish season would be temporary and later of 2018 we will saw bitcoin price to its new all time high.

I believe more than that is bitcoin price is what really having now,because in 2017 it was just a bubble and now were facing the rightful price in which supposedly the value last december 2017 but suddenly whales pumped the price thats why we're expecting that big growth again that for sure will never happen this year or maybe for the next 3 years.the growth will be small by small to reach the $20,000 again so be ware of over expectations

because in 2017 BTC start hight grow up and there are many people notice BTC and they start invest BTC,and in 2017 there are many ICO day by day,you want invest ICO you have to buy btc and eth,with many ICO it make more people buy BTC,in 2017 is year of BTC

I think compared other previous year, on 2017 is the biggest grow for Bitcoin, the price of Bitcoin was growth about 30 times, and will be many trader and investor take profit from it. So when seller is more volume in the market the price will going down. In fundamental , also because too many FUD and bad news so many trader decide to sell in loss.

last year bitcoin was very well known for gaining fast profits, without thinking long ago people directly invested, and steering prices dropped by around $ 2k and made new investors afraid and sell their assets, this caused the price of bitcoin to fall, as you said people would think again invest in bitcoin going forward, but hope everyone in the crypto world price or the future of bitcoin will be good in the future

the price of bitcoin in 2017 is indeed extraordinary, the price is very high and it makes many people interested in investing in bitcoin, we feel that the market is still correcting from the big increase last year and many new investors are coming with the current situation what they think bitcoin is a golden opportunity to get quick profits. but the number of requests is not in accordance with the inventory which resulted in bitcoin falling not like last year

I do not think we will see the kind of growth we saw in 2017 in the price of bitcoin (by percentage), because it will take a lot of cash inflows ( several billions) to see bitcoins doubles, the price is already in billions category, to get a 10x will means a cash influx of a trillions which may not come by easily

most likely the growth will be great but very slow. although on the other hand, given the unpredictability of bitcoin, he can do it in a relatively short time.

The market is wide-open everyday. There are more tokens which will be born when you wake up on the next day. It make the price lower. Everyone pays attention to other coins not BTC. We have no way to control all of them.

I still stick to this idea, because the market was heavily overbought in November-December 2017. Waiting for recovery

I recommend buying coins as they rise or fall gradually, i.e. not a single purchase, thus achieving a favorable average price

Would have given you some merits if I have had some to give, you analysis are quite in order, From the analysis we may not be expecting a huge bull run like we had last year, but if it happens then that should be a huge surprise and gain for those who bought low.

When I seen the historycal price of Bitcoin , in crypto market is always there are phase for bullish,  bearish and stagnan.  Its not possible the crypto market all the times in bull market,  because buyer and seller always make transaction to take profit. Also we can not avoid pump dump trading in crypto because the market cap still low so the price will easy going up and going down.

You right. this is because of the very deep price decline. imagine prices drop by more than 50% from $19k to $6k. of course that is a very terrible decline and of course people are still traumatized by that price change? thats why price progress is slowing down, demand decreases, and so forth

It doesnt work like that mate. No one with negative balance would want to leave the market but instead they must be hoping for the 2017 scenario to get repeated for themselves and profit massively. Most of the people just have one thought in their mind, they need that 700-1000% hike which they saw with their own eyes and then started to believe on the crypto currencies for making profits. Yes, there might be some people who are little concerned about it but not all of them. Many of them are just entering the market because they are seeing the differential projects with potential to spike this year end. I think it would be bad idea to leave the crypto when the crypto boom is just one month away.  ;)

true and that is still an obstacle to bitcoin can grow rapidly in price like last year with a lot of bad news regarding the good name of bitcoin that can be difficult and slow for bitcoin to develop

with news can affect the psychology of traders, thus leading to opinions to buy in 2017. moreover at that time a lot of positive news was spread, thus impacting positive results too

I remembered during that time early 2017 I think January or February bitcoin was below 1000$ only, then after the first quarter went happened bitcoin started to increased little by little, until it rapidly get higher. But, I agreed bitcoin grow fast not on its popularity instead it happened because lot of investors believed that bitcoin has a good future and also has a potential to give innovation in blockchain technology, so I could say Bitcoin technology was a phenomenal things happened to me.

many people were fascinated by crypto in 2017, causing many new investors to emerge because they were tempted by the price last year. but after entering 2018 the price of bitcoin continued to decline and many new investors were worried because they were afraid to experience such a large loss that many people sold their investment assets and left leaving crypto just like that

Obviously, people got fascinated by the price of Bitcoin when it hits for above $19k and never consider the fact that it might drop drastically. Hopefully people will realize that cryptocurrency is not lalways in an upward gains and might be as well drop overtime.

As you if did you learn the past year of bitcoin fluctuation as volatile currency you can get some point of view, how bitcoin its works in the market.

Since bitcoin starting run as first digilat decentralized currency in the wold their price value is very cheap but today's current value of bitcoin at 6000$ up aren't bad than before be strong and continue to control yourself soon bull run is coming soon.

Oh, they have found that out for sure by now. Currently these people think of the bear market as being a negative event, but this bear market turns people into firm hodlers of the future.

Let's be honest here, most of the older members here went through a similar stage at the very beginning. We learn as we go through bull runs and bear markets, and so will those who joined last year on the way up.

Stage 1 (hodling through a bear market) can be seen as completed. Stage 2 of becoming a firm hodler is to hodl through bull runs without selling the majority of your coins, which for some people might be harder to do.

Being an all-around hodler ain't easy. ;)

at all times there will always be differences in situations and conditions. by the end of 2017 we were all in extraordinary conditions, when the digital currency market got very positive sentiment. this year there has been a significant decline, but I'm still optimistic that next year there will be a much better change. This high sense of optimism is supported by various sectors that have combined and implemented bitcoin on important systems.

I totally agree with you. They have been drawn into this game and are receiving the worst investment in their life. I think this market is in a very difficult period and any news can not make the market recover well. The best way now is to invest long term and wait for long before the uptrend begins

There is a lot of  factor why bitcoin won't grow fast because many news release about bitcoin most of them are bad news that can cause left investor panic selling and even the partner of bitcoin left also. I hope bitcoin will grow fast again for this year 2018

Yeah the rapid growth in 2017 wont be happening at that point many people just knew bitcoin and try to invest, turn out that the investment make a lot of profit for them and they invest more, but when the hype too high the price slam down really fast and hard, that situation makes the investors losing a lot of money and now they are more careful to invest in bitcoin, with this kind of reputation it will hard to make investors put their fund again, and the situation got worse because some countries already banned  crypto and some planned to regulate it

it looks like too self-confident review, I think that if they are, they can not depreciate instantly

Your words are too frontal. For me crypto remains a good investment at this time. For anyone who thinks crypto is a bad thing, they are fools who have failed because of wrong decisions. This is a good opportunity and don't ever think that crypto is a mistake, think about our own abilities and are we smart enough to take momentum or not?

huh?bitcoin price grow upto 30x?When did this happen?Never heard about this mate,i believe in December 2017 bitcoin value hit $20,000 but before the growth the coin has already almost $4,000 so wheres the 30x growth from that.?or this is just a joke?

bitcoin will start to grow when no one will wait for this growth, so it can be an indicator for many

This is what I have been screaming to all the people out there who ask why is the bull run not started yet or when will the bull run start.
People ask that how high will bitcoin go this December but I say them that it is not necessary for bitcoin to go high every end of the year.
Last year there was a surge in the price of bitcoin because of many things but nothing good is happening to bitcoin this year which is why I don't think the bull run is anywhere near right now.

But it is good for them to have a positive mindset that there is a bull run happen since they are motivated on that bull run to happen they kept holding their coins on their portfolio. Yes, there is a possibility that a bull run is coming but we don't know when the exact date.
So, instead, let's motivate them to have a patience and help the market by holding their coins, not to panic selling.

The situation is way to different back than there where times were countries were not that much against Bitcoin and there were not much negativity in the market but at the end of 2017 the situation changed governments were against and by the time it got sorted the btc was down now it is recovery phase.

Well and in the same way shall the next bull run be a big hit. Generally, humans forget things easily and so as we're witnessing this great depression, very soon all shall past and we're going to FOMO the next run as it's always been.

After long bullish the crypto market will turn in to long bearish,  and this is normal price action in crypto  market. Bitcoin and others crypto wasn't growth this year like last year because  bullish changed to bearish,  but after bearish crypto will have potential to going back to bullish. That all is natural price action.

Last year there was a boom, now there will be growth when the market is ready for this, when there will be a full infrastructure, we will be patient

Its because bitcoin has no steady market it is not rotation that what is done last year will also be done this year I think there is always new every year about the market the thing is that we need to be ready always.

there are many problems with regulations, exchanges, many ICOs are scam by the way...

It might take years before the main currencies (referring to Bitcoin and Ethereum) properly scale, which leads me to believe that we shouldn't hope for anything similar to what happened last year on the way up.

Bitcoin hasn't seen much of an actual on-chain throughput improvement with SegWit being partly adopted, and Ethereum isn't even remotely close to have some kind of scaling solution be ready to roll out publicly.

I get it that people want to see the price increase today rather than tomorrow, but what's the point if we yet again are reminded of how easy it is to cripple this ecosystem as a whole? I'm certainly not in for that.

If the US and China do not trade war, I think Bitcoin is still at $ 15k per coin. That trade war has a lot to do with us. Investors have suffered a lot of losses when the stock market and the crypto market went down. So we need to wait for our market to recover.

share market take quite a toll on the trade war. else some of the money can channel in to crypto market. hope the recovery speed up.

Simple answer,because whales pumped the market in December of 2017 while this year they are doing nothing to help market grow,

But we're not done either,because if was November when the prices start to grow last year,then we have another weeks to expect if this will happen again or never

What makes your analysis very reasonable.Btc does not grow fast anymore.And now there is no money to recover the market.Maybe we have to go through a long wait.

Who's money ? Since first bitcoin not use someone's money or developer's money, it is pure community. That is why bitcoin very hype in 2017, people interested and start to buy bitcoin and then make price increased very fast, if we must wait money to recover market, until when we must wait

It doesn't have to that's why. It doesn't have to grow insanely every single year, it doesn't have to grow at all, it can go up or down or go sideways and the market owes no one an apology for dropping.

Some people bought bitcoin for quite cheap and sold it at around $20k or whatever and than there was some people who thought bitcoin will skyrocket more and because of the $20k there were more people who heard about it and wanted to get in and make some money from it seeing how everyone else did but than the market was like "that is enough of this" and started to drop and now everyone keeps asking if or when will the bitcoin price go back up because they got it too high.

Well, no one forced you to buy too high, you saw people that made x3-x5 and even x100 who knows and decided to get in and be really rich but things didn't worked out the way you want it to and now you feel like you are "owed" that x3-x5 or even x100.

I wonder why people are even expecting to get to see some huge bull run before the end of the year, when practically there is nothing pertaining to any bullish movement at the moment and considering that the market has not even reached a stage to even start considering we are even in an uptrend yet. Growing fast is something that can only happen when we get to see some uptrend movement, and along the line some instigation of bullish movement, which in this case, nothing looks like it, at least for now. Yes, the best thing to just be doing now is to see the present moment as a means to invest for the long term.

It is always more like a cycle. When one comes, the other also comes and then we have some period of consolidation in between which in this whole thing we start seeing some possibility of the market switching trend in most cases, with only patience and ability to monitor the trend, being the major attributes we should always be trying as much as possible to look at most of the time. I would not expect any fast growth either, but at the same time, it is a market and no one can tell what happens eventually, except to just chill and watch how things happen eventually.

It's ok for me that the price of bitcoin go down because in the past year the price of bitcoin is so very expensive and I can't reach how funds i will raised always remember that high price of altcoins will go down not always rising.

I think this will last for at least 2 years because the number of investors at this market is very low and the demand for investment is not much in recent times. If there are big news now, it will not have much impact on Bitcoin prices because the fear and the feeling of discouragement make people no longer interested in this market.

I think also that investors switch to invest in different ico's until now the price of bitcoin is already dump and they lost a huge profit from bitcoin for the big dumped was happen start january 2018.

In 2017, there have been so many things about crypto coins, and I think that this is because of the rapid growth. Especially due to the rapid upward trend we experienced in Bitco, new investors joined the market and the demand was indirectly increased. In addition to this demand, we have seen an unbelievable rise after various positive news and the ongoing bull period.

It is the only mistake which can lose your money if you will not dump so you will not lose anything, but if we will dump it will lose, in beginning of 2017 price was not good but we were patient enough so people who hold their coin till the end of the year they won huge profit and those who sold earlier lost money, so same will happen this year it is good to hold as bitcoin get high price even thousands of dollar after month but needs patience so be wise and hold.

I agree with the author that now the popularity of bitcoin and cryptocurrency, though high, but the investor is already carefully looking at what to invest. In the market, there is a clear calm and the cryptovalt decides which scenario to choose — up or down.

Let's just think that cryptocurrency has its own ups and downs just like humans.There was a big bubble that happened last year and so the price suddenly become skyrocket.This year has experienced almost a year of correction where the market faced a long bearish season.But don't lost hope because after this we can expect a bull run again.Just keep your faith in bitcoin.

Logically, we are not already in the year 2017. We are presently at 2018 which is considered to be the toughest road for cryptoworld it had took since its existence. Let's just wait for the right year to come to see another set of 2017 or even more than that.

Another reason is that the market is inactive and is being adjusted to the most reasonable level. Bitcoin's price at $ 20k is just the virtual price. Now the whales are returning it to its real value and not pumping it anymore. That is what I know about our market. When the real value has been determined and the crisis passes, everything will be better than it is now.

well, this year there was a lot of news that made the price of bitcoin down. starting from banned crypto advertisements from social media, to countries that banned bitcoin. well, it certainly becomes a real fear for those who have large amounts of bitcoin, so they panic and sell the bitcoins they have and make prices not grow like 2017.

   This comment passed unnoticed by most of the people. People try to compare something that`s impossible to compare, people wish charts to be linear and to go only
up. That hype was about many new people joining, they didn`t think about technology, they just wanted to make fast profit and whales took that opportunity.
   

   You are right, market owes no one an apology. It`s market, if you know to read it you will make some profit, if not you will lose money. Practice and learn more about it
and maybe you can be better. It`s one thing when you invest in speculative market just for profit and when you invest in technology in long-term.

now most of them learn usefull thing about crypto price after looking bitcoin price today.they understand cryptocurrency could not give us huge money in short time except there was big hype in market.

waiting patiently for the price come back.

This is not far from the truth, the analysis is so on point, their may be a price rally but it will be very unlikely to see a huge rally like we had in 2017. Looking at the history of bitcoin and when such happens, it takes approximately two years for another all time high to be recorded, meaning we may have a similar rally in 2019/2020. Crypto is interesting and those accumulating right now will have better chances in time to come

Even without scaling, I really do not think, in the end, the market will not still keep going on with its uptrend. I am sure a time will come when we will eventually see the boom when the mainstream kicks in which apparently will have a lot to do with scaling as you said, but we also have to understand that even with that, the market has always been moving up with speculation.

It may not be this year, but as time goes on, I believe that we will still get to see some increase and with scaling, we will even get to see more development and adoption which would even make things even more interesting.

true, who has a lot of money and bought bitcoin now, so that person made a good investment and will have high profits in the next years



I also do not understand, according to the chart, I can not see where this 30X increase comes from.

https://i.imgur.com/J0E1lPf.png


We still have good news for the future.

Unconfirmed: US Regulators Could Approve Bakkt BTC Futures Launch in First Week of November (https://cointelegraph.com/news/unconfirmed-us-regulators-could-approve-bakkt-btc-futures-launch-in-first-week-of-november)

If we have positive confirmation and in the future is a very successful project, then we will see a great future for bitcoin and the price can also rise, Is true that many people lose money because the price fell a lot, but the truth is that these people are only going lose money if they sell their coins

a number of factors nowadays, bitcoin may only grow a few percent. to grow as high as 2017 it cannot be predicted because it might not be a reference. we can't see the turmoil of bitcoin prices from now on. so that's a factor that still makes many people doubt about the price of bitcoin.

I would not be putting so many minds on regulations and exchanges being the problem, I would rather say people’s mindset on its own is actually one major thing that needs to be worked on as the case may be over time when it comes to taking this space as a tool for payment and not just some speculative asset.

I have no doubt that when we get to see the scaling issue resolved, the likelihood of seeing development that would set the space up for mainstream adoption will be there, but at the same time, I would not expect that anytime very soon.

There are many factors to be considered because last year the price went very high in the market which nobody didn't expect the sudden growth and this makes this year the price is kept falling in the market but now Bitcoin price is very stable and seems very strong at the current price.

Lots of money was poured into buying bitcoin last year and the bullruns that happened before it reached its all-time high last december attracted many investors. This biggest pump of bitcoin drew different reactions from crypto analysts from being hyped or manipulated and others call it bubble. After a fast growth, comes a slow growth this year but the price of the bitcoin seems to stabilized between $6k to $6400. Only can time can tell when will the big investors return again to pump the market.

The price decline is related to the psychology of people. The price was 20k in 3 weeks without any innovation. In my opinion most people were not knowledgeable about it when price was increasing and without knowing what it was, they invested money. Maybe it is a good thing that people understand what the meaning of risk now, but learning it by losing money can be a little bad.

If they did so it is not good I think a person should be wise enough so that he will at least know about what he is doing and what will be the output, when the price of bitcoin was 20k so it mean it is on increasing mode as when I invest price was only 15k which is now almost 20k, it took only 4 weeks for it to become 20k dollar so it is really good growth of it I am sure future is damn bright.

Bitcoin in 2018 has many factors that hinder growth. now the bitcoin movement is still unable to run stably and well. so I think it's a natural thing why bitcoin can't grow to the maximum like 2017

You may be right in what you said. The absence of any obstacle had caused the price increase and then price increased more. After seeing that the price has increased a lot, the governments have drawn a plan to counter this, which due to there was no possibility of interfering to the price from inside, so they started to influence it from the outside and these are the extended and negative news.

in my opinion this year the crypto market is weakening, making investors feel afraid to invest in cryptocurrency (bitcoin).
whereas in 2017, crypto was famous and made many people interested and invested.

Because most of them have sold all assets when Bitcoin reaches 17500 $, then there are also those who are hit and run, as if they only want to make a profit and then leave. So the price of bitcoin in 2018 has decreased and the volume at 2017 vs 2018 is very different.

hardfork's influence in 2017 could make the price of bitcoin soar at the end of the year and that caused a significant increase. so I think that's the main factor. and now there is no sign of any increase in bitcoin in 2018.

Wait a minute, it is either you are time traveler and you are currently in the future, or you are pretty much high on something. Did you even bother to read what you have written? We are not already in year 2017, we are presently at 2018? Dude, you really need some deliverance from whatever may be going on with you right now.

We are in 2018 and 2017 was last year which was the year of the bulls and of course, it does not take any soothsayer to know that this is a bearish year and they can as well last pretty long too, so we should not just be expecting the possibilities of any new ATH at all this year.

Many people are still confused in bitcoin because they knew that bitcoin is uprising again and again. They do not know how cryptocurrency works at all. This year will be the correction phase of cryptocurrency. Bitcoin community want it to be like as what last year happened. Because 2017 hiked is a hype, 2018 becomes a gradual increases of the price. Soon, we will notice that bitcoin will beat its peaked

It does not just have the criteria that affect the price. Our market is being affected by a large adjustment of whales. I think the market-driven institutions have suffered losses in investing in stocks. So they will use the capital in the Crypto market to balance their portfolio. That is the main reason for our market to go down a lot.

It is apparent that bear market this year has been extensive more than any bearish market we've seen in cryptocurrency market.  Honestly,  2018 is bear party for cryptocurrency.  The support however have been stable,  Bitcoin has been relatively stable not dump below $5000!

as bitcoin matures, it is slowly behaving like a stablecoin :)
https://www.altcoinsidekick.com/blog/electronic-cocaine

From a long time, there is no any good update and good innovations in the field of Bitcoin happens and the people's efforts in term of investment and the public interest are decreasing because of continuing down price trend that is why the growth is too much down instead of 2017,

That is what usually happens when you get to see the market over sold anyway as you tend to see some level of possible reversal, but we also have to understand that no matter what, the bottom may not even be reached yet even if we tend to go on a short term move upward. Apparently, judging from the fact that this market has been bearish since January, there is already a huge indication that this market has been bearish, so expecting some huge increase is something that will probably not happen, so I do not expect anyone to be thinking of the possibility of a bull run at this point in time at all.

People do compare this year with 2017 just to find why we are not having similar growth as most people have realized that new ATH is not possible in 2018. Primarily what suddenly changed in 2018 which lead to have different market conditions from 2017. But, this is how most markets do work and we cannot blame anything nor anyone for that.

I can still go fast but not just today. The market is favorable to invest and give back when the factors that affect the market goes parallel to the market. The inflow of investments also push the market up and the spread in the investors' circle is something that has always been of prime importance. So it is not an impossibility for Bitcoin that it will grow faster than the way it did back in 2017.

the rising trend of bitcoin in 2017 was a potential thing last year. some factors including hardfork can trigger a very high increase in bitcoin prices and it can be used as a very high and significant bitcoin price jumper.

In this year Bitcoin and others crypto does not growth because all crypto already overbought and crypto turned in to down trend. This is just cycle of bullish to bearish, crypto will never going up forever without going down, but after long bearish the market will has potential to change to bullish. Only trader that always patient waiting for that will make alot of profit.

its common happen to all market and not only on cryptocurrency market.if there are negative issue and sentiment come, there are massive selling happened.

because that caused huge sales with negative news regarding bitcoin and the crypto market as well, so with so many people selling bitcoin and their altcoins it would be faster for the market to decline and it would be very difficult to increase

Ideally bitcoin is quite stable for now because it is already grown, who thought bitcoin could reach this far? at $6000? about a few years ago it is just a mooning speculation but it happened last year. Another thing why bitcoin does not giving signs of hype this year because lot of altcoins are showing positive outputs and great player in the market right now.

Thats right, it could be like that. when there was an overbought last year and then a downtrend would occur. of course the conditions in last year made it possible for pump prices happen, like many positive news circulating, halving, and so on. so the price change was not as high as last year..

Bitcoin has not been able to break the resistance of $7000 for months now even the much-expected rally that will usher in the last quarter of the year is like it will not happen. 2018 has been a bearish year for bitcoin and other altcoins making it really difficult for them to make new high or beat 2017 high.

During 2017 Price Growth is very High and sudden price drop create fear among many new investors so in 2018 price growth is not so high when compared with other
years

The hype is over. Many people decided to sell Bitcoins and many cryptocurrencies. The demand in the crypto is not as great as it was in 2017. We need to wait for some time for the next bull run.

Bitcoin growth isn't as fast as we would like because it has hit a wall. There are many investors afraid to invest in BTC due to uncertainty factors regarding BTC price and usage.

Not all people have earned during the crypto bull run we have experienced during December 2017, the only ones who got guaranteed profit are the whales who have started the panic selling, the rest which is the majority all suffered a loss (both in paper and in real life), this triggered a bear market which also have decreased the buyers' confidence. This is what really is affecting BTC's price right now that is why we are seeing a slow year for Bitcoin as we need to reset the confidence in the market, and the only way to do that is when we see another price rally in the market.

In my opinion the situation is different.
1. For many people, this technology also remains new, just like a year ago. Yes, in 2017, the name "Bitcoin" was widely known. But do you think that many of ordinary people know about blockchain technology  in the whole? I think not. People have heard about Bitcoin, but they have no idea what it is and why it is needed. And the whole market of crypto currencies with its variety of coins in reality of these people do not exist at all.
2. I agree that after the price falls in 2018, many people will be more careful to invest in cryptocurrency, but this is not something that can really stop the rapid growth. Human psychology is such that we easily forget the bad if something good appears in our life. So with a steady increase in prices, most investors will forget about caution and will again begin to buy cryptocurrencies.
3. As for people with negative balances, the majority has long been out. Some of them surrendered and resolutely sold a whole coins in minus, and some traders simply sold negative positions to earn money on other more promising coins (or in any other way).
The main thing is that now only true believers remain on the market with negative positions. Those who are holding their coins.

The bottom line: I am sure that the market situation is not as difficult as you describe. After a while, a new rapid increase in the price of bitcoin will begin.

Bitcoin stability lets me think that this cryptocurrency will not change its price critically for at least several years. I am looking for the bears market but now, I do not know when it comes. Still hope, everything will happen this winter.

I think the main reason was the futures market , when bitcoin went there , professional traders with big money came to the game and this market controlled the rising of its price , also crushing of ISIS was another reason In my view because they used to use bitcoin for money laundry , and when they crushed bitcoin loses a big market of its dealers .

2018-2019 is the period of bear market (so was 2014-15). But now it is a bit different, as it is much harder to advertise for the crypto industry. Therefore you do not hear in media much information about cryptocurrencies, unless you are already an enthusiast.

I totally disagree with this one. Why wont consider on the current condition of the market? Stability might shows different possibilities but i cant
really see a reason that BTC already grown and so as with altcoins in the market. They arent almost moving and we are still keep lying low already almost
a year. Nearest possibility is that theres no so much demand which can create activity in the market.

I suppose, the next slash of Bitcoin price will happen, but we do not know when. People are very interested in the cryptocurrency. I see that even in my surrounding, many guys are eager to buy BTC.

Because the fear of losing overrides investment attraction. Too many people experiences loses which they're not happy with and that's not because of trading but simply because the market is too sensitive to news and reactions, causing huge price drops.

The most common reason is the bearish market which still in effect that this bearish was happen due to lot of factors like FUD, scam, regulations, and possibly the market manipulation. If these things are in crypto space then for sure it will make most of the people to stay away from Bitcoin in fear that no wonder of why this year the real demand is average decreasing.

Yeah, I agree. If you are saying it will keep on this price for so long time and can increase in gradual fashion then yes, it is more likely to happen in this way. But we still can’t predict.

I think it's higher than today. because the recognition of bitcoin is growing every day. as a result, its price will grow.

there are many factors why bitcoin isn't shining like last year, as we know the popularity of bitcoin is decreasing and many ICOs are scam which makes investors less interested in crypto currencies which is why bad news is formed. the media is the most working killer but also the most profitable, only this year bitcoin is out of luck

I think the decline in bitcoin has been planned, because I had a chance to see someone's analysis in January 2018 which said that this year's bitcoin would drop below $ 4000. I just realized that the prediction was correct, the main factor that affected was regulation. Then other supporting factors are caused by negative issues ordered. Even so, it is possible that the end of this year will reach ATH $ 6000. IMO

Many losses happen as alot of early adopters take profit when it was becoming hot and they were really big as it was parabolic in nature and unprecedented in so many ways in investing so the dump is really hard as well.

Bitcoin doesn't grow as last year because last year was a bubble that burst this year. This is the reason why bitcoin price this 2018 is full of corrections. Bu, we who knows, maybe when this beariah market stop and the bulls take over, bitcoin price might be doubled or tripled.

The reason I can think of which in my opinion greatly affects the price and thus growth of Bitcoin or any other crypto is the uncertainty of the market.

I think that prediction is accidental accurate at the moment. The forecast of the market is puzzling; it's based on the situation of the cryptocurrency at the history. And now the decrease of the price is caused by the socioeconomic crisis, and the only thing you can do at now is waiting and waiting.

maybe in 2017 is a surprise year and in 2018 is the year of bitcoin instability and maybe in 2019 years of stability

  Precisely, cryptocurrency has an individual theory which we can differ from the past and current situation. In addition, it has a prospectus to deliver which is good to be pump and dump. All we can do now is to wait and bare our patience to keep motivating in engaging to intent a positive determination. And maybe this early months of 2019, we can see a good start of pumping, just what happened on 2017 bull run.

Its price will reach the maximum next year. First, it will be tripled. Then I am expecting the next wave of growth. I guess, now many people are disappointed in Bitcoin and sell it. Do not do it and wait.

2017 bitcoin growth was exceptional. It was one in a million. Throughout the year 2017, it was down with high percentage but towa the end of the year, it really came out well. The growth of Bitcoin in 2017 was so good that many thought it will rise to 25k and a lot of investors came in to invest.

 :) :) :) :) :) :) :) :) :) :) :) In 2017, we observed the period of the hype, now it is slowing down. At this rate...

there were many aspects that affected in the past year there was a lot of positive news in the media and moreover we just experienced halving before. there were many supporting factors in the past year which made prices skyrocket. whereas in 2018. conditions have changed starting from the ban on crypto use in Asian countries. Moreover, bitcoin has touched the ATH, of course the correction is sure to happen..

The price of Bitcoin in 2017 has grown strongly due to manipulation. Bitcoin has attracted a lot of attention and investors. This year all inexperienced players left the market. There will be no such growth.

but no one can ensure that next year the price changes as you say, no one can guarantee that, so does the predictions of many people that the end of the year prices will rise? but the fact is not so, why this year prices are not the same as last year, because conditions have changed dude, prices are affected due to environmental conditions

Environmental condition? I do rather believe that the main reason why it isn't similar on last years is that the community isn't really supporting it anymore just like way before.
Theres soo much blood in the streets and lots of people already losing up confidence or already afraid to put up money. Hard to say but the bubble had popped and the price had already
corrected.

We did not want it to grow fast but stable. If bitcoin can be stable in pricing there is no way people will not like to use it as money or currency. The business men will also like to used it if it is stable. I could remember that in 2017 there was an unnecessary volatility and this year we were seeing corrections from that volatility.

Slow and steady grow is better in long run, we all agree about that, just that will not happen with bitcoin. As much as we wish stability that will not come, bitcoin price volatility will not end anytime soon. Article is some kind of history review, writer have some prediction based on that, but we all have that. I don't agree with about next bull run, it will be more maniac than the ones from last year. I have some arguments too, what we have seen last year was the product of people, here and there, some companies, but what we will see in next bull run will be much bigger, when some huge companies get in for real in bitcoin, when bitcoin gets adopted by many countries. Something started last year and it's just a glance of what is waiting for crypto in next decade.

I mean the enviromental conditions are like the political conditions that are happening on crypto, the news about crypto at that time, the trend that is happening and many other things certainly that affects the price at that time right, yeah the user's confidence really affects so we see that too

In 2018, Bitcoin is not the first crisis. If you look at the dynamics of the course for the entire existence of the coin, you will see that this is already the fourth crisis.

Bitcoin is following the cycle of emotions market overreacted to positive bull run whereas effort to get stability to stand in one price so prices dropped every now and then so once btc complete the consolidation of buying at certain price then btc will gain previous all-time high prices

Bitcoin is not really moving fast this time because there are so many big amount of bitcoin dump by the market, I believe that we need to have some more patience this time, we all really know that the bitcoin is unstable and it is decentralized so it is already been expected that bitcoin will not move fast same as the other one.

There has been many before but those happened without people's attention. How many are even aware that btc exists then? Now 2017 thrusted btc to everyone's attention and people have seen now the crash this year. If you're someone looking from the outside, that is not a very attractive prospect if you're thinking of getting in.

I think the big part of that is the support it gained from the masses. Back in 2017, many people are still in the phase of recognizing Bitcoin and other cryptocurrencies, and so, they amount of attention and enthusiasm they show for it is just off the roof as compared to these days where they have already seen how negative and devastating it could be not only to your morale as an investor, but literally, to you investment and lodged in capital. Thus, some have already given up, and some have already become more cautious.

We came into different scenarios and market scheme, thus market behavior is different from previous years. Due to developmental factors affecting crypto prices, we might see any fluctuations and change in direction. With that, we just keep calm and lets accept the reality.

The year almost a days to ended but nothing highlight from the market amd now continues to dumped their price i believe not same story bitcoin way back 2017.
And yes i agree with you a lot of potential possiblity bitcoin will gain again sooner.

i think at this time is a good for invest again. in a new year it will on uptrendd

That is right but this down price is like a criminal and is attracting many other investors to invest out of FOMO. And there could be another rise in the values of the coins like we witnessed in 2017 after the fall in 2013.

This is because the factors that influence the coin have been different last year than this time. So this is the reason why Bitcoin might not grow big again but it does not mean that it will not grow at all. It will but would take sometime.

Man, I am also waiting for the stable growth of Bitcoin. OK, let it happen not this winter, but I want to hope that we will see BTC for 6, 7, 8 thousand dollars and even more in 2019.

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According to some analysts in 2017 Bitcoin has reached a peak of popularity and created a bubble that will not happen anytime soon. It was a set of many positive circumstances accumulated at the same time on the market that lead to such huge price.
But I wouldn't say that only in 2017 people learned about Bitcoin and blockchain but because of that price rise gained popularity and more massive adoption.
I'm convinced that price will rise again, this is also part of volatility but I don't think that 2017 will repeat.

I do not think that you can drive bitcoin into the pit now. it is still reliable and requires attention. it is interesting to many so far the main thing is to be patient and wait until this decline of the crypto currency passes and again bitcoin will go up)

Probably the whales could help us regain what's happening last 2017, and with 2019 just wait and hold your coins. Patience is our only way to handle those stressful time waiting for crypto to soar back to the price pumping development. Many of us hope for that potential profit to be worth thousands in our wallet, but prior to that we have to stay calm and still.

I ain't thinking that whales manipulation is the reason for these curse. It is most probably because of the regularization process which is still under the discussion with the SEC members. The things happen last 2017 is memorable to us and it is hard to be like that again even there is bull run. Our market is something different in previous years and it gonna be change once it is regulated.

We are think so:
1-Bictoin has old architec;
2-Today Bitcoin like gold standarts;
3-New cryptocurrency has more potential for growing. (Look at ICO in 2017 and look at ICO in 2018) It is too much for growing some Head crypto.
4-Bitcoin like pioneer of new age of economics. We mean the main rule of free market - Pioneer build the base, than newcomers build economics.
5-The growing and down is the main rule. When ordinary players leave the market who have tried to turn 100 dallars into 100,000 and large ones remain, only then will the market be stabilized

Cryptolab team