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Author Topic: How Long Bitcoin Will Bullish  (Read 3733 times)
asriloni
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August 20, 2017, 03:00:29 AM
 #101

Now... this year 2017 is a reflection of 2013...  Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?
It it not the same situation as back then, the growth this year has been a lot slower and the bitcoin awareness is way higher right now than back then it is obvious there is going to be a decrease in price but it is not going to be a crash like the 2013 crash.

2013 will never happen again. Now bitcoin has become much stronger than a few years ago.
And so now it can fall in price by only a few percent. At this stage of development of this coin - such growth is a normal development
Looks the chart is very strong right now although the bitcoin cash seems try to take the opportunity to gain the support by the bitcoin supporters, but it will never back below $2000 again. I just understand the bitcoin will always bullish everytime. Just got a little percent decrease due to the price correction, it seems really fine for me.

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August 20, 2017, 05:32:18 AM
 #102

Now... this year 2017 is a reflection of 2013...  Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?

I would have said that 2017 was nothing like 2013 a month ago before btc went up to a crazy $4.5k, but now it indeed is resembling 2013 conditions. People are over optimistic and buying blindly, and i see ads everywhere about making money in bitcoin.

I'd expect a new year to be a new chapter for bitcoin, once again. This pump is probably not going to last into much of next year. potentially, it could go to the end of this year but if it continues any longer it'll be bursting at any time.

The reason why it's not correcting yet is because of the fact that more and more people are still buying in, for some reason. This can't last forever, 10x returns in a year is crazy enough. I just can't see it go to 15x or 20x, even though it is technically possible.

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August 20, 2017, 07:03:42 AM
 #103

Now... this year 2017 is a reflection of 2013...  Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?

I would have said that 2017 was nothing like 2013 a month ago before btc went up to a crazy $4.5k, but now it indeed is resembling 2013 conditions. People are over optimistic and buying blindly, and i see ads everywhere about making money in bitcoin.

I'd expect a new year to be a new chapter for bitcoin, once again. This pump is probably not going to last into much of next year. potentially, it could go to the end of this year but if it continues any longer it'll be bursting at any time.

The reason why it's not correcting yet is because of the fact that more and more people are still buying in, for some reason. This can't last forever, 10x returns in a year is crazy enough. I just can't see it go to 15x or 20x, even though it is technically possible.
Something recently bitkoyn is very unstable. I'm certainly pleased that the price has reached 4000 dollars, but I want more growth.
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September 10, 2017, 11:20:09 AM
 #104

Bitkoyn price is currently at 4,065 USD mark after the 5k rally.

Do you think this is the bottom? Or further correction on the price?

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September 10, 2017, 11:32:21 AM
 #105

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
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September 10, 2017, 01:07:34 PM
 #106

Now... this year 2017 is a reflection of 2013...  Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?
No one knows because Bitcoin is way unpredictable the only thing that is consistent with its price is change. Bitcoin is volatile so sudden decrease on its price is already expected. Fluctuations therefore seems to be normal.  But surely, it will continue rising for years to come because the demand is also rising. Its market value is dependent to the market demand so there's a huge possibility.


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September 10, 2017, 01:20:34 PM
 #107

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
If that happens then it will certainly make some Chaos like a panic that could even make this incident worse. But I'm not sure this will happen because bitcoin prices up to now always provide stability, if seen then the increase and decrease will only move in the range of 10%.



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September 10, 2017, 08:02:59 PM
 #108

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
If that happens then it will certainly make some Chaos like a panic that could even make this incident worse. But I'm not sure this will happen because bitcoin prices up to now always provide stability, if seen then the increase and decrease will only move in the range of 10%.
Do you think 10% not much? Look at profit from saving in bank every year, just 7%/year you can say this is high profit. If you can earn 10% per week or per month, you are good trader and this profit is dream of almost traders from Forex or Stock market Cool
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September 10, 2017, 09:33:06 PM
 #109

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
If that happens then it will certainly make some Chaos like a panic that could even make this incident worse. But I'm not sure this will happen because bitcoin prices up to now always provide stability, if seen then the increase and decrease will only move in the range of 10%.

The support at 1800 was tested and for now a solid utter low floor.
However when looking towards the last days we either can go back to 3800 or lower or 4000 dollar will hold, which would be great.
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September 11, 2017, 02:36:16 PM
 #110

Right now we are in correction phase and many users adopt to accommodate. From my view bitcoin face some decline till late September, after that it slowly rises and then shows a bullish trend and those who accommodated enjoys the entire benefits.

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September 11, 2017, 10:42:55 PM
Last edit: September 12, 2017, 11:45:40 PM by bncbnc
 #111

Right now we are in correction phase and many users adopt to accommodate. From my view bitcoin face some decline till late September, after that it slowly rises and then shows a bullish trend and those who accommodated enjoys the entire benefits.
if we are in decline phase then we are in depth of bitcoin price, and i think then it is the best time to invest you money in bitcoin. because very soon the correction will over and the price of bitcoin will start increasing. therefore i think we need to invest our assets in bitcoin in present time, because there are still chances that bitcoin price will continue increasing.

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September 11, 2017, 11:09:14 PM
 #112

Now... this year 2017 is a reflection of 2013...  Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?
It will definitely gow for the next ten years, but I highly doubt that its growth will be continuous since Bitcoin is volatile. Fluctuations are already expected that its value will change as time is passing by  such that there'll be times that its market value will be low and also times that it will be high. I hope that its increase will continue for the next years to come and the dumps will just be temporary.



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September 11, 2017, 11:10:35 PM
 #113

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
I can't see the bearish support right ,
All i can see is about the correction , from overpriced around $5,000 down to $4,000 ,
It's just the matter of market stabilize i think ,
Sooner or later will be back up especially in the next year , the end of year for bitcoin always about correction time.

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Teraboy
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October 10, 2017, 06:06:35 AM
 #114

Now... this year 2017 is a reflection of 2013...  Bitcoin prices rose significantly along with increased adoption and problem-solving. But whether Bitcoin prices can still rise in 2018 later? While the price correction of the price spike has not occurred at all. So what do you think guys?
It it not the same situation as back then, the growth this year has been a lot slower and the bitcoin awareness is way higher right now than back then it is obvious there is going to be a decrease in price but it is not going to be a crash like the 2013 crash.

2013 will never happen again. Now bitcoin has become much stronger than a few years ago.
And so now it can fall in price by only a few percent. At this stage of development of this coin - such growth is a normal development
Really confused of how price correction is a "must" and need to happen based on many traders' thinking while the reality, it's not necessarily need to happen after the price increase.
There may be a crash in the future but who knows, we're heading for a new ATH and expecting it to happen, another dump or price crash is just other thing.
 

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October 10, 2017, 07:26:30 AM
 #115

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
I can't see the bearish support right ,
All i can see is about the correction , from overpriced around $5,000 down to $4,000 ,
It's just the matter of market stabilize i think ,
Sooner or later will be back up especially in the next year , the end of year for bitcoin always about correction time.
Bitcoin market is already come across a correction, we experienced a lot of ups and down in bitcoin market, even bitcoin price come down to 3000$, but after that people start buying again and still people are confident about bitcoin to purchase, therefore i am sure that the bullish trend of bitcoin will continue for a  long time and hope to see the price of bitcoin trading above 6000$.
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October 10, 2017, 10:35:24 AM
 #116

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
I can't see the bearish support right ,
All i can see is about the correction , from overpriced around $5,000 down to $4,000 ,
It's just the matter of market stabilize i think ,
Sooner or later will be back up especially in the next year , the end of year for bitcoin always about correction time.
Bitcoin market is already come across a correction, we experienced a lot of ups and down in bitcoin market, even bitcoin price come down to 3000$, but after that people start buying again and still people are confident about bitcoin to purchase, therefore i am sure that the bullish trend of bitcoin will continue for a  long time and hope to see the price of bitcoin trading above 6000$.
Current bullish trend of Bitcoin market only by the airdrop money Bitcoin Gold from hardfork in November. So, I do not think Bitcoin can keep its value after that time. Although I'm putting almost my funds into altcoin but I still want to trade Bitcoin for short term, because I can make a good profits till November with Bitcoin.

Time off to sleep ... ( ̄︶ ̄)~
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October 10, 2017, 11:32:03 AM
 #117

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
I can't see the bearish support right ,
All i can see is about the correction , from overpriced around $5,000 down to $4,000 ,
It's just the matter of market stabilize i think ,
Sooner or later will be back up especially in the next year , the end of year for bitcoin always about correction time.
Bitcoin market is already come across a correction, we experienced a lot of ups and down in bitcoin market, even bitcoin price come down to 3000$, but after that people start buying again and still people are confident about bitcoin to purchase, therefore i am sure that the bullish trend of bitcoin will continue for a  long time and hope to see the price of bitcoin trading above 6000$.
Current bullish trend of Bitcoin market only by the airdrop money Bitcoin Gold from hardfork in November. So, I do not think Bitcoin can keep its value after that time. Although I'm putting almost my funds into altcoin but I still want to trade Bitcoin for short term, because I can make a good profits till November with Bitcoin.

As it is, we are all just speculating anyway. But like you said, everyone is trying to join the free coin train which is the reason altcoins are dropping really fast and bitcoin taking the huge peak for it. However, I feel even after the fork, there will still be a huge spike as people will still end up dumping their BCG mostly for bitcoin (win-win)... BCG does not have any support as far as I know and mostly it will be dead pretty fast, not long after it arrives. The major focus now is the core and segwit2x which I am not just sure how that would fair.



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October 10, 2017, 12:22:38 PM
 #118

Worst case scenario I can possibly imagine is a slow bleed back to the 2500 range but I doubt we'll see anything below the mid 3k's.  Certainly not a year long 5x depreciation again.
I can't see the bearish support right ,
All i can see is about the correction , from overpriced around $5,000 down to $4,000 ,
It's just the matter of market stabilize i think ,
Sooner or later will be back up especially in the next year , the end of year for bitcoin always about correction time.
Bitcoin market is already come across a correction, we experienced a lot of ups and down in bitcoin market, even bitcoin price come down to 3000$, but after that people start buying again and still people are confident about bitcoin to purchase, therefore i am sure that the bullish trend of bitcoin will continue for a  long time and hope to see the price of bitcoin trading above 6000$.
Current bullish trend of Bitcoin market only by the airdrop money Bitcoin Gold from hardfork in November. So, I do not think Bitcoin can keep its value after that time. Although I'm putting almost my funds into altcoin but I still want to trade Bitcoin for short term, because I can make a good profits till November with Bitcoin.

As it is, we are all just speculating anyway. But like you said, everyone is trying to join the free coin train which is the reason altcoins are dropping really fast and bitcoin taking the huge peak for it. However, I feel even after the fork, there will still be a huge spike as people will still end up dumping their BCG mostly for bitcoin (win-win)... BCG does not have any support as far as I know and mostly it will be dead pretty fast, not long after it arrives. The major focus now is the core and segwit2x which I am not just sure how that would fair.
Yes,nowadays most of people have started to eagerly expect the hard fork to happen and to get access to free coins.Now,they are just waiting for bitcoin gold.Actually it has no miners support since it has proposed to change algorithm so that it could be even mined with GPU.

Earlier,bitcoin was predicted to move in a bullish trend through out the year.But,creation of BU,then BCH due to hard fork and recently china's policy change about bitcoin affected its price.And even now,bitcoin gold creation due to hard fork and segwit 2x activation are awaiting.So,its hard to say that bitcoin would continue in bullish trend till the end of this year.

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October 10, 2017, 03:24:19 PM
 #119

At the moment there are pretty much mostly bearish signals. We will have to wait till november after the Hard fork to see in which momentum bitcoin is, looking at the outcast i suspect the markets to remain bearish till the new year honestly
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October 10, 2017, 03:36:26 PM
 #120

At the moment there are pretty much mostly bearish signals. We will have to wait till november after the Hard fork to see in which momentum bitcoin is, looking at the outcast i suspect the markets to remain bearish till the new year honestly
Bitcoin is completely unpredictable and when the prediction gives closer result, we can find lots of users in the profiting group. I believe the ongoing bullish trend will continue till the fork. Once after the fork for a short time period there might be a bearish trend, after which once again the bullish trend might start again providing path for a large scale growth.



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