Does anyone else think it's feeling like 2014 all over again?

[megadeth]

In 2014, we entered a long down market where we saw periods of side ways followed by a slide down, repeat and rinse. Is 2017 shaping up to be another 2014?

Yes, bitcoin is in a long term town trend. You can clearly see it in all the data.

Proudhons back baby.

[1714017905]

1714017905

[jakelyson]

This bull run started late 2015 and still going strong. They maybe some setbacks along the way but the price always recovers quickly after some FUDs. This is maybe because the bitcoin community is really getting stronger. This cannot be compared to the price movement in 2013-2014 where the price is purely manipulated by the whales.

[d5000]

Until now, I see no similarity of both years aside of the price levels.

The 2013 uprun was way too fast. The bull market of the past year was healthy, with occasional overheatings. But more important: It is accompanied by interesting technical developments (like Segwit) and most indicators related to transaction volume also go up in a steady way.

Only a black swan event like massive problems due to a too full blockchain (before the Segwit activation) can convert 2017 in a new 2014.

[Herbert2020]

In 2014, we entered a long down market where we saw periods of side ways followed by a slide down, repeat and rinse. Is 2017 shaping up to be another 2014?

so far it has been similar to 2012 and early 2013 when everyone was running around making new topics saying price will not go above $10-$20 and we will go down and then price went to $1000 and they all were silenced.
now we are again on the verge of either a huge rise or at the very least follow up on the slow rise from 2 years ago.

[andrei56]

I don't know, but am very disappointed to see the price acting like a roller coaster. I really don't understand why they keep increased the price all the time, when a few days ago many of them lost over than 30% of the money they invest.  This rally isn't healthy.

The ones that lost money are not the whales that manufactured the price increase, they sold with a profit and bought again when the price got lower, the losers are all of those that entered the market when it was over 1,100.

[Wind_FURY]

In 2014, we entered a long down market where we saw periods of side ways followed by a slide down, repeat and rinse. Is 2017 shaping up to be another 2014?

Move on. 2017 will not be like 2014. If we reached the lowest price of bitcoin from the year 2014- 1st month of 2016..then 2017 will be the year of getting the new ath of bitcoin. No more drops in price ,it will be stable at 800$ for sure.

Please give us your reasons why you think Bitcoin will be stable at $800. Back up your explanation and reasons with facts and not the usual brain farts that are usually spewed by almost everyone in this forum or the whole community for that matter. After your explanation please tell us why we should believe you.

[talkbitcoin]

so far there is no similarities between nowadays and 2014 days.
starting from the rise, it was slow and strong unlike that rise which was fake and fast.
and now, with passing of each day we can see that the drop was nothing more than a fake FUD dump for the whales to get more cheap coins in their pocket.
i don't want to start another moon speculation but we will see $1000 again sooner than you may think.

[talks_cheep]

With each passing day, it's becoming more and more evident 2014 is long past history. While we may never see a rocket ride like in 2013, we will probably see steady, incremental rise in 2017 and beyond. I'm thinking gold, silver and bitcoins will see price rise in the near to long term,  thanks to Trump.

[pitham1]

In 2014, we entered a long down market where we saw periods of side ways followed by a slide down, repeat and rinse. Is 2017 shaping up to be another 2014?

Nope, we are looking for a breakout here. 2014 was preceded by the madness of 2013.
The rise in 2016 was not the unsustainable, moon shot that we say in 2013.

[PokerFace3]

In 2014, we entered a long down market where we saw periods of side ways followed by a slide down, repeat and rinse. Is 2017 shaping up to be another 2014?

Nope, we are looking for a breakout here. 2014 was preceded by the madness of 2013.
The rise in 2016 was not the unsustainable, moon shot that we say in 2013.

Yes, there are a lot of differences in current bitcoin rally compared to 2013.
All the above, the major reason for collapses happened in 2014 must be failure of big bitcoin exchange. Negative news had driven bitcoin prices down. So, we cannot expect same level of negative newses produce same impacts in 2017 too.