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zarados
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March 02, 2018, 12:19:24 PM
Last edit: March 07, 2018, 12:22:10 PM by zarados
 #1

The year 2018 has set foot in the third month, and there has been no significant movement. But if we look at bitcoin journey in 2017 based on "Visual Capitalist":

- Price range $ 1000- $ 2000 for 138 Days (January- April) This range is filled with news about Chinese cracks down on bitcoin and Github project.
- Price range $ 2000 - $ 3000 for 23 days (June)
- Price range $ 3000- $ 4000 for 63 Days (in August) filled with bitcoin cash fork.
- Price range $ 4000- $ 5000 for 61 days (August - September) filled with the decision of China to shut down all bitcoin exchange, and Korea Bans ICO.
- Price range $ 5000 - $ 6000 for 10 days (end of October) filled with bitcoin gold fork.
- Price range $ 6000- $ 7000 for 13 days (November) filled with Vietnam news tire bitcoin and crypto payment.
- Price range $ 7000- $ 20k (November - early December) Bullish time.

When we refer to the data, everything looks good-well this year and goes according to the track.
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March 02, 2018, 12:23:59 PM
 #2

 Yes I believe in the number you have set. This is also the hypothesis of investors when commenting on the crypto market in 2018. It looks like 2018 is a great year for the crypto market. Not just bitcoin, NEO is extremely good altcoin at the present time. NEO is attracting many investors and attracts many ICO projects in the future. Neo's price will increase by more than $ 300 compared to the current time.

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March 02, 2018, 12:28:13 PM
Merited by pooya87 (1)
 #3

first of all that is because the adoption works this way. it is mostly like an S curve when at first the rise is slow and then it speeds up. and eventually it will become nearly vertical with a bang and then plateues. we are currently at the bottom of this S curve on a horizontal line which speeds up sometimes.

secondly if you draw that on a chart you can see that your % rises are not the same so you are comparing them wrong. instead your price ranges should be $1000 to $2000 then you should bring $2000 to $4000 not $2000 to $3000. and so on. so your last one should be $7000 to $14000

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March 02, 2018, 12:33:07 PM
 #4

After all is said and done it is just good to be part of its journey and you can say you have been a part of it as well.
I do remember those progressions in the last year and with the forks.
It is just weird how something in which people did not believe would survive has done so and beyond those limitations.

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March 02, 2018, 12:34:51 PM
 #5

The year 2018 has set foot in the third month, and there has been no significant significant movement. But if we look at bitcoin journey in 2017 based on "Visual Capitalist":

- Price range $ 1000- $ 2000 for 138 Days (January- April) This range is filled with news about Chinese cracks down on bitcoin and Github project.
- Price range $ 2000 - $ 3000 for 23 days (June)
- Price range $ 3000- $ 4000 for 63 Days (in August) filled with bitcoin cash fork.
- Price range $ 4000- $ 5000 for 61 days (August - September) filled with the decision of China to shut down all bitcoin exchange, and Korea Bans ICO.
- Price range $ 5000 - $ 6000 for 10 days (end of October) filled with bitcoin gold fork.
- Price range $ 6000- $ 7000 for 13 days (November) filled with Vietnam news tire bitcoin and crypto payment.
- Price range $ 7000- $ 20k (November - early December) Bullish time.

When we refer to the data, everything looks good-well this year, and goes according to the track.

we can't really expect the same thing to happen in 2018, but returning to its previous positions will do just enough. With bitcoin at 20k again, more attention will be attracted to the industry

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March 02, 2018, 10:11:14 PM
 #6

The biggest thing to hit the global market since the invention of currency is the world bitcoin What started merely as an electronic payment system soon became the seventh wonder of modern technology.But while most of us are following the ups and down of the Bitcoin market most probably don't know everything about its history. Satoshi Nakamoto published a paper revealing a breakthrough.The paper described a peer to peer electronic currency system that used software code to authenticate and protect transactions.The idea was to remain anonymous from any centralized bank or government authority. The Bitcoin started its journey many became the voice theories about why it was created in the first place and many views were brought forth at them. The famous Bitcoin Pizza day the day when the internet witnessed the first real -world transaction with cryptocurrency on 22 May 2010. Bitcoin came a long way since it began its journey back in 2008,and it certainly has had its difficulties along the way.But that he didn't stop it from establishing a global community. One thing is for sure with huge market already in place .Bitcoin will  be a part of the global economy and it will make way for a completely new financial earn.
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March 02, 2018, 10:20:03 PM
 #7

Based on your data, the price of bitcoin is rising from January to December 2017. No wonder this year, it will skyrocket since March is only starting and it's price now is already $11000. Let's all have positive vibes guys! 2018 is the year we'll hit the moon.
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March 02, 2018, 11:03:57 PM
 #8

So it only proves that bitcoin can still gain based on its historical data. However I do believed that this year will be different. Yes, a new all-time-high can be touched, but I don't think that we are going to see the same peaked that we have went like the December madness. With all the regulations around, a growth of x4 will be suffice and double what's the previous all-time-highs.

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March 02, 2018, 11:09:14 PM
 #9

After all is said and done it is just good to be part of its journey and you can say you have been a part of it as well.
I do remember those progressions in the last year and with the forks.
It is just weird how something in which people did not believe would survive has done so and beyond those limitations.
I will agree with you.We are glad to be a part of bitcoins journey and infact this is not only for us but for all our love once that considered as the best feelings to be a part of cryptocurrency.We can be the greatest of bitcoin if we always think positive and open minded always for all the possibility.

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March 02, 2018, 11:16:38 PM
 #10

travel bitcoin indeed since 2009 until now even though there are countries that are still not inaugurating bitcoin. but many countries are also joining bitcoin including Japan and Korea. there are also those who have not joined yet but now there are countries that start onjoin like Vietnam and so forth.semuga Indonesia became the next country to join bitcoin.

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March 03, 2018, 02:51:53 AM
 #11

travel bitcoin indeed since 2009 until now even though there are countries that are still not inaugurating bitcoin. but many countries are also joining bitcoin including Japan and Korea. there are also those who have not joined yet but now there are countries that start onjoin like Vietnam and so forth.semuga Indonesia became the next country to join bitcoin.

From the bitcoin buying and selling (bitcoin wallet), circulation (bitcoin pool), output (bitcoin mines), etc., bitcoin is perceived profoundly by tracing back the deal online for the entire session Fantasy trip. At the same time, we can see the status quo of China's bitcoin industry.
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March 03, 2018, 04:46:59 AM
 #12

Bitcoin is now on the part of getting pump up after this massive dump that people made.
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March 03, 2018, 04:58:18 AM
 #13

Some market analysts predicted that this year Bitcoin could rise up around 35,000$ to 50,000$. Which could be good for those who invested coins during those times when the price is around 6,000$. If this true then there will new batch of millionaires should it hit 2018. But the market as usual is unpredictable. Beside bitcoins, there are so many coins that have gone to the top, and these coins could as well compete for bitcoin usage.

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March 03, 2018, 05:18:00 AM
 #14

I do not agree that we are on track. We should have seen a bigger push already, if we want to see the same growth of last year. The difference in this year is that we are seeing a Bitcoin price that is floating around $10 000 for some reason.

Last year, we had some scaling issues and a small war going on with BCash and the price went up. This year it is mostly good news and the price still hover above and below $10 000. We should start looking at the influence that institutional capital is having on the Bitcoin price.

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March 03, 2018, 05:18:13 AM
 #15

Going to bitcoin journey, there were several predictions from the experts regarding the pump as to how much it will really hit for 2018 and I think they had made such assessment because if we will be analyzing the price history chart of bitcoin, you can see that it is indeed progressing. There will be no doubt at all that bitcoin will make another pump within this year and may eventually surpass the $20k mark that will result more gain in profit especially for those who had a huge investment.
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March 03, 2018, 06:41:03 AM
 #16

The year 2018 has set foot in the third month, and there has been no significant significant movement. But if we look at bitcoin journey in 2017 based on "Visual Capitalist":

- Price range $ 1000- $ 2000 for 138 Days (January- April) This range is filled with news about Chinese cracks down on bitcoin and Github project.
- Price range $ 2000 - $ 3000 for 23 days (June)
- Price range $ 3000- $ 4000 for 63 Days (in August) filled with bitcoin cash fork.
- Price range $ 4000- $ 5000 for 61 days (August - September) filled with the decision of China to shut down all bitcoin exchange, and Korea Bans ICO.
- Price range $ 5000 - $ 6000 for 10 days (end of October) filled with bitcoin gold fork.
- Price range $ 6000- $ 7000 for 13 days (November) filled with Vietnam news tire bitcoin and crypto payment.
- Price range $ 7000- $ 20k (November - early December) Bullish time.

When we refer to the data, everything looks good-well this year, and goes according to the track.

It goes well until it doesn't. I understand that it may be intolerable to see the price trade in a rather narrow range for a month already, especially if you bought bitcoins in December anywhere above $15,000, and that it may in fact be soothing and calming to think of it this way. But what if these prices are here to stay? When the price crashed in early 2014, it took long 3 years to get back to 4 digits again. So which is better: a horrific end or horror without end?
zarados
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March 03, 2018, 12:25:13 PM
 #17

I do not agree that we are on track. We should have seen a bigger push already, if we want to see the same growth of last year. The difference in this year is that we are seeing a Bitcoin price that is floating around $10 000 for some reason.

Last year, we had some scaling issues and a small war going on with BCash and the price went up. This year it is mostly good news and the price still hover above and below $10 000. We should start looking at the influence that institutional capital is having on the Bitcoin price.

if we take the benchmark from the bottom point of about $ 5.9k, then this week is the second green candle if tomorrow's week passes with positive results. I see this is already a good move for bitcoin because we can not expect quick returns after the crash from $ 20k to $ 5.9k. I think we still need a few months ahead to record the latest record for bitcoin prices.
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March 03, 2018, 01:14:18 PM
 #18

The year 2018 has set foot in the third month, and there has been no significant significant movement. But if we look at bitcoin journey in 2017 based on "Visual Capitalist":

- Price range $ 1000- $ 2000 for 138 Days (January- April) This range is filled with news about Chinese cracks down on bitcoin and Github project.
- Price range $ 2000 - $ 3000 for 23 days (June)
- Price range $ 3000- $ 4000 for 63 Days (in August) filled with bitcoin cash fork.
- Price range $ 4000- $ 5000 for 61 days (August - September) filled with the decision of China to shut down all bitcoin exchange, and Korea Bans ICO.
- Price range $ 5000 - $ 6000 for 10 days (end of October) filled with bitcoin gold fork.
- Price range $ 6000- $ 7000 for 13 days (November) filled with Vietnam news tire bitcoin and crypto payment.
- Price range $ 7000- $ 20k (November - early December) Bullish time.

When we refer to the data, everything looks good-well this year, and goes according to the track.

You know that $7000 to $20000 was mainly due to media coverage and it had both benefits and some disadvantages. Let us first discuss the reason how it happened. It touched marks like $10000 and $15000 during this period and every time those marks were reached we saw more media coverage. That resulted in more investors coming to bitcoins and thus there was tremendous increase in  prices. After it reached the $20 K level, most of the big investors already withdraw their bitcoins. Now the average investor is buying but they cannot buy that much volume in short time.
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March 05, 2018, 06:50:57 PM
 #19

I agree with the guys! Everything repeats from year to year According to the schedule for the last year, you can trace the growth and fall! winter and summer is always falling! spring and autumn growth, now the market has not yet come alive! Now there is no negative news, so I'm sure that growth will start now! Capitalization in March will very quickly start to increase!

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March 05, 2018, 06:56:58 PM
 #20

The year 2018 has set foot in the third month, and there has been no significant significant movement. But if we look at bitcoin journey in 2017 based on "Visual Capitalist":

- Price range $ 1000- $ 2000 for 138 Days (January- April) This range is filled with news about Chinese cracks down on bitcoin and Github project.
- Price range $ 2000 - $ 3000 for 23 days (June)
- Price range $ 3000- $ 4000 for 63 Days (in August) filled with bitcoin cash fork.
- Price range $ 4000- $ 5000 for 61 days (August - September) filled with the decision of China to shut down all bitcoin exchange, and Korea Bans ICO.
- Price range $ 5000 - $ 6000 for 10 days (end of October) filled with bitcoin gold fork.
- Price range $ 6000- $ 7000 for 13 days (November) filled with Vietnam news tire bitcoin and crypto payment.
- Price range $ 7000- $ 20k (November - early December) Bullish time.

When we refer to the data, everything looks good-well this year, and goes according to the track.
Yeah the first four months for btc have always been quite depressing and the journey gets a kind of backward movement before it leaps forward. I think the same is going to happen this year but it will happen only if the major countries of the world come forward with a positive attitude towards bitcoin. Last year btc wasn't that popular as much it is now so its altogether different story this time.
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