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Author Topic: Bitcoin's rise and rise  (Read 928 times)
bluehodl (OP)
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November 29, 2017, 02:06:48 PM
 #1

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
BrewMaster
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November 29, 2017, 02:26:11 PM
 #2

your numbers are very misleading.
from 0 to $1000 (the first one) is 100,000% rise in 1789 days (assuming you are correct about your day counts).
from $1000 to $2000 is 100% rise (same assumption)
....
then from $9000 to $10,000 (the last one) is 11% rise in 2 days (same assumption).

in other words you are comparing rises that are not even on the same scale!

besides, that is how the adoption works. first it is slow then becomes faster and faster that it even turns into a nearly vertical line until it again reaches a stability. more like an S shape curve and we are currently at the  very bottom of that curve.

There is a FOMO brewing...
Jf Annie
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November 29, 2017, 02:32:56 PM
 #3

your numbers are very misleading.
from 0 to $1000 (the first one) is 100,000% rise in 1789 days (assuming you are correct about your day counts).
from $1000 to $2000 is 100% rise (same assumption)
....
then from $9000 to $10,000 (the last one) is 11% rise in 2 days (same assumption).

in other words you are comparing rises that are not even on the same scale!

besides, that is how the adoption works. first it is slow then becomes faster and faster that it even turns into a nearly vertical line until it again reaches a stability. more like an S shape curve and we are currently at the  very bottom of that curve.
I think there is no good time or bad time for buying bitcoins. When ever you are ready just go & buy the coins & wait for price rate to rise to sell or for your own profit.
aplistir
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November 29, 2017, 03:01:39 PM
 #4

your numbers are very misleading.
from 0 to $1000 (the first one) is 100,000% rise in 1789 days (assuming you are correct about your day counts).


How did you get the 100000% ?? It is quite difficult to calculate a % when starting from 0.
The correct % is infinitely large.

PS. Sorry for the nitpicking  Tongue

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ORiN
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November 30, 2017, 11:20:31 AM
 #5

Somebody! stop the BTC rocket! Cheesy
readygoaw
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December 01, 2017, 01:05:24 PM
 #6

It raised and it had a decrease soon after it. Bitcoin will go up again sure. The decrease of this crypto on November, 30th does not mean anything. Financial analysts consider that it will start growing again to reach its maximum that was fixed on November, 2017. 2018 will become the year of Bitcoin kingdom.  Shocked
sicparvismagna
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December 01, 2017, 01:08:51 PM
 #7

It doesn't always tend to rise but rather it goes then it goes down from time to time. I mean how are the buyers gonna buy bitcoin if the price of it always on the rise and how about the other alternative coins out there, how is the buyer going to response in them if they only see bitcoin as the potential coin out there.
Coins and Hardwork
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December 01, 2017, 01:13:32 PM
 #8

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days

I think it is better if you will be also adding the pumps and dumps it made through out it's history. Like what happened the other day when it reached another ATH at $11K and then dump all the way down to $8K but just pumps again back to $9K and now it is at $10K.

I think with these graph new people might misunderstood this and think that bitcoin is a crypto currency that is continuously pumping it's price throughout the time it is released.
Kprawn
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December 01, 2017, 01:14:31 PM
 #9

We are seeing phenomenal growth, since last year and even if it was just a 11% increase in 2 days from $9000 to $10,000,

it is still an incredible achievement for the year. I think someone said that it is between 800% to 900% for the year. No other

investment will see that kind of returns. {Bitcoin has been the best performing currency/commodity for the last 2 years}  Wink

 

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FlightyPouch
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December 01, 2017, 01:32:16 PM
 #10

I will agree that this price list is misleading and will really misunderstood the people here. The price increase of bitcoin seems to be a little sugarcoated here without the dumps that happen in the past. Even the biggest dump is not here which I think will also bring a good impression to people that might see your post.

But in short, this price list can really hype someone up because the price of bitcoin is continuing it's pump over time.

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!
rindo
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December 01, 2017, 01:34:08 PM
 #11

2017 was a busy year for Bitcoin. While some claim that the digital currency is in a financial bubble, others believe in its potential and bet that its price could reach as much as $ 55,000 over the next five years. Based on his experience in the crypto model, Chris Kline, founder of Bitcoin IRA, the first crypto-currencies retirement program in the United States, wrote an article for Forbes, the US magazine on business and economics, on why he believes that Bitcoin will be the most profitable investment in 2018.
Bucck.shot
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December 01, 2017, 01:35:00 PM
 #12

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
Yes we are experiencing the rapid growth of Bitcoins right now with the growing popularity of btc and discussions among peoples the demand is growing day by day and with increasing demand the price of btc will increase further, with possibility of growing to the edge of 15000$ till the end of 2017 and upcoming x mas we are going to experience the high value.
farwellbit
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December 02, 2017, 11:57:20 AM
 #13

your numbers are very misleading.
from 0 to $1000 (the first one) is 100,000% rise in 1789 days (assuming you are correct about your day counts).
from $1000 to $2000 is 100% rise (same assumption)
....
then from $9000 to $10,000 (the last one) is 11% rise in 2 days (same assumption).

in other words you are comparing rises that are not even on the same scale!

besides, that is how the adoption works. first it is slow then becomes faster and faster that it even turns into a nearly vertical line until it again reaches a stability. more like an S shape curve and we are currently at the  very bottom of that curve.
I think there is no good time or bad time for buying bitcoins. When ever you are ready just go & buy the coins & wait for price rate to rise to sell or for your own profit.
Those who are seriously interested in making money they don’t see the suitable time they just get into the investment and bitcoin is same that kind of investment which make rich in few time and overthinking in bitcoin often leads to wait more and that’s not the best idea for any investor, so when you have resources it doesn’t matter what price is just get into the millionaires investment and become like them.
wjchong
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December 02, 2017, 12:10:33 PM
 #14

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days

I think it is better if you will be also adding the pumps and dumps it made through out it's history. Like what happened the other day when it reached another ATH at $11K and then dump all the way down to $8K but just pumps again back to $9K and now it is at $10K.

I think with these graph new people might misunderstood this and think that bitcoin is a crypto currency that is continuously pumping it's price throughout the time it is released.
I agree.

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wormgummy019
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December 02, 2017, 12:26:30 PM
 #15

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days

The price of bitcoin is so very expensive than before. And we are hoping that the value of it is still increasing and grow. Many people want that beforer 2017 end the price of bitcoin is $12,000 upto $14,000. So that the beginning of 2018 is so very wonderful and awesome and amazing! We wish that when the price of bitcoin decrease maybe it is not too low and when the price of it is increase maybe it is not too low but it is higher than before.
GeePeeU
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December 02, 2017, 12:33:00 PM
 #16

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days

Seeing it absolutely destroy previous trends, and rise this fast, is a tad unsettling.

There's just so much drama in the Crypto world right now. Its so unpredictable right now. I'm holding my balls for a correction.

Always doubt.
dothebeats
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December 02, 2017, 01:17:19 PM
 #17

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days

I think it is better if you will be also adding the pumps and dumps it made through out it's history. Like what happened the other day when it reached another ATH at $11K and then dump all the way down to $8K but just pumps again back to $9K and now it is at $10K.

I think with these graph new people might misunderstood this and think that bitcoin is a crypto currency that is continuously pumping it's price throughout the time it is released.

I think the point of this post is to stress the amount of time it took for bitcoin to reach a certain price milestone rather than to educate about the highs and the lows the cryptocurrency faced. There would be no misunderstanding if the user would be searching for the historical price data of bitcoin in the web, and it would be their fault if they invested blindly on a crypto that has no assurance if it would gain something over the years.



This just show us how much time it really took the whole market to reach where it's at right now, and to think that the first milestones were so hard to break, the current ones we're sitting at would look bleak compared to the other milestones.

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LigwagGanern
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December 02, 2017, 01:32:28 PM
 #18

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $3000: 23 days
$3000- $4000: 62 days
$4000- $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days

Bitcoin price is a good news because now its price is upto $10,000. And the price of it is still increasing because of many people still using it in any transactions or ways that money is involve of bitcoin like paying, investing, trading, etc. So if you don't have bitcoin until now, I suggest to you to buy now bitcoin when the price of it is decrease don't let the opportunity gone.
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December 02, 2017, 01:42:51 PM
 #19

Now the price of bitcoin is reached $11000 its a tremendous growth in the coinmarket. In future the price will increase more and more. When the price of bitcoin is low you can buy it and hold it for some days.once the price is high we can sell and earn the profit.

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December 02, 2017, 01:55:04 PM
 #20

$0000 - $1000: 1789 days
$1000- $2000: 1271 days
$2000- $4000: 85 days
$4000- $8000: 96 days
$8000- $16000: Huh??

Fixed it for you.
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