is 2017 the new 2013?

[maydna]

actually i don't remember what is happen in 2013 because in that year, i am a new person that is trying to join with bitcoin world and i don't have much time to learn many things in bitcoin. and i only doing trading in my free time or reading any news that i can found. so i think if this year is the same like in 2013, i think we already know what will happen in the end or at least we can have our prediction what is going on later so we can make preparation for the bad things or bad situation.

[1713991848]

1713991848

[1713991848]

1713991848

[selline]

I think it will not be the same as 2013 because we already many companies are using bitcoin and many bitcoin users right now unlike before.
Also the price of bitcoin before is very cheap and the price is increasing fast and hit $1000 in a month now i think it will not be the same.because huge crash also happen in that time..

the year 2017 is the year of updates to users because the price of bitcoin bitcoin is now extremely increased prices the value of bitcoin can daily points a fifth increased rapidly so that more and more users now, let alone the bitcoin now price bitcoin hit $2000 may soon be at the end of this year, compared with the price in 2013 bitcoin is very cheap price because once that time bitcoin shrank so little user bitcoin mungkn be counted only a few users only the losers, many feel at that time

[lumeire]

IMO it's not. The foundations are entirely different. The bubble back in 2013 had very little infrastructure, now, it's like BTCBTCBTC's golden age.

[JL421]

Well, I think this is a new 2013, but this is a real price and not manipulated. The price has stabilized for a very long time, I'm sure it will be a new thing for bitcoin, because bitcoin prices can reach $ 2000 or even higher than that price.

I totally agree with you in other words we can say in 2013 bitcoin was like altcoins which had less market cap and could be easily manipulated but now in 2017 bitcoin is bitcoin strong stabilised, can't be manipulated by a single person.

[Denker]

Well if SegWit gets activated for  BTC and that alt bubble pops you never know what's going to happen with the price.
Could be a massive slingshot!

[york780]

Well if SegWit gets activated in BTc and that alt bubble pops you never know what's going to happen with the price.
Could be a massive slingshot!

Agreed. I expect a 150% rise at least when SegWit gets signaled. Plus a 50% increase when BU dies permanently. BTC is a launchpad ATM.

[richardsNY]

Well if SegWit gets activated in BTc and that alt bubble pops you never know what's going to happen with the price.
Could be a massive slingshot!

Agreed. I expect a 150% rise at least when SegWit gets signaled. Plus a 50% increase when BU dies permanently. BTC is a launchpad ATM.

200% in total? I find that far too optimistic. In order to break through the $2000 level, it will require many failed attempts first. It won't come easy at all. Also, BU is nothing more than a potential threat, and that's really it -- something that doesn't exist, can't stop existing. After BU the same people will come up with something else to disrupt Bitcoin's growth for their own personal gains.

[Denker]

Well if SegWit gets activated in BTc and that alt bubble pops you never know what's going to happen with the price.
Could be a massive slingshot!

Agreed. I expect a 150% rise at least when SegWit gets signaled. Plus a 50% increase when BU dies permanently. BTC is a launchpad ATM.

200% in total? I find that far too optimistic. In order to break through the $2000 level, it will require many failed attempts first. It won't come easy at all. Also, BU is nothing more than a potential threat, and that's really it -- something that doesn't exist, can't stop existing. After BU the same people will come up with something else to disrupt Bitcoin's growth for their own personal gains.

I wouldn't say x2 is too optimistic! If we solve this scaling issue sky is the limit! This debate is what's stalling us for about two years now.So it's definitely the only big problem at the moment. If SegWit gets activated the way is free for all this other features to get implemented including Lightning.
$2000 would be reached in no time!

[dothebeats]

This is absolutely not 2013 since there seems to be no presence of rigged pricing in the markets and it seems that everything happened naturally or some big players are really into bitcoin. No bots  are rigging the price, just the people wanting their own share of the bigger pie. Surprisingly, most people are still not even invested and still are scared of putting money in bitcoins in fear of the price climbing down.

We're not in full FOMO yet. Wait a few months, this will be fun.

[Febo]

Things had drastically change in Bitcoin from 2013.

In 2013 when bitcoin price was growing for 10 days straight price doubled. Now when price goes up 10 days straight price increase for only 15%.  Things got slowed down. So 2013 wil repeat but not in one year but in few. Maybe 2017-2020 will be 2013 repeated.

Ten Historically Longest Series Of Up-Movements Of The Daily Weighted Average Bitcoin Price On Bitstamp:

12 Sep 2012 - 20 Sep 2012:  9 days,   10.79 -   12.43

24 Feb 2013 - 06 Mar 2013: 11 days,   28.97 -   46.39

30 Mar 2013 - 09 Apr 2013: 11 days,   89.86 -  214.86

24 Aug 2013 - 02 Sep 2013: 10 days,  107.81 -  130.57

03 Oct 2013 - 16 Oct 2013: 14 days,  109.65 -  142.61

01 Nov 2013 - 09 Nov 2013:  9 days,  200.40 -  338.71

11 Nov 2013 - 19 Nov 2013:  9 days,  299.68 -  597.83

- - - - -

23 May 2016 - 31 Mai 2016:  9 days,  439.29 -  535.62

16 Dec 2016 - 24 Dec 2016:  9 days,  776.63 -  900.20

24 Apr 2017 - 01 May 2017:  9 days, 1228.52 - 1385.70 ... (ongoing...)

[rajasumi3]

According to me it will be better than 2013 and the price of bitcoins will be more than 2013.Bitcoins will be more promising and it is being most widely used as stock market exchange.Well if all things goes right then we can say that the price of bitcoins would be more than 2500$ by the end of 2017.

[Narosya]

According to me it will be better than 2013 and the price of bitcoins will be more than 2013.Bitcoins will be more promising and it is being most widely used as stock market exchange.Well if all things goes right then we can say that the price of bitcoins would be more than 2500$ by the end of 2017.

I think that many people want to compare 2017 and 2013. After all, Bitcoin was very good and stable in that year. But the only difference is that the amounts have increased much more in 4 years.

[alien-fx2]

In terms of organic growth, Bitcoin has already outperformed 2013. Most of what we saw that year was a result of hype, speculation and FOMO, the perfect ingredients for a bubble.

[South Park]

I hope definitely not. Mainly because of the fact that it took us so long to reach these price points. That being said, it doesn't hurt to cash out profits at these prices.

I have secured profits between $1000-$1010 which I am very happy with. If the price happens to tank heavily, I have a decent amount of fiat to buy back my coins.

Correct it is not the same as before, so when finally we see a decrease in price I don’t think it is going to be that bad compared to what happened in2013 and the after effects that kept the price of bitcoin depressed for a very long time.

[blade87]

The last two bubble peaks were separated by about 8 months, and you had around 2 weeks to get out within 20% of the $1200 high - though it was a bit sickening how volatile it was. It has been about 2.5 years now since the last bubble, and its not clear if we have even yet to enter a new spike that will bring us into a new grand bubble. Old bubbles entered long bear markets that returned to old ATHs. We've barely moved beyond the old ATH, relatively speaking compared to the previous ones.

[rickadone]

I think is more on like 2014 but we dont assure if something big happens .It may change in a month .bitcoins is to volatile to be predicted .

Volatility is a major concern and in reality anything could happen in a short time frame without any prior indication of the price variation. Possibly as users quoted the price this year is quite good to move forward in a stable manner. Also the price fluctuations are not same as that happened in the past 2013.

It is not that easy to release a statement regarding the volatility. As we all know that the bitcoin is one of the most risky stuff to deal with. The price fluctuations can happen any time and it constantly fluctuates but one can’t say that when are the prices going to be drop too low or rise too high. Also there are many more factors that includes in that price fluctuation. But things are much different and developed now so, we can’t say this.

[marcuslong]

As what bitcoin performed it is a yes that bitcoin is like 2013 in another way of hype type its not the same before that it will be dumped into become 700$ below as we can saw bitcoin is more above than the past years.

[LegendOF45]

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

[South Park]

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth in the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

[Deepcleen]

I think 2017 better than 2013, this is because the increase in the price of bitcoin pure influenced high demand while speculators is only done by 2013. I sure 2017 the price will reach more than $2500.

To deny that there is a degree of speculation going on at the moment is very naive, speculators are taking advantage of this growth int the price of bitcoin and are amplifying it so they get even more profits, I cannot blame them but that is what is happening.

There are some speculation going on now. But the size of the bubble is much smaller than 4 years ago.