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Author Topic: I think we have to see 35000 usd in 2018 according to this table  (Read 318 times)
oz1934 (OP)
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April 01, 2018, 10:56:36 AM
 #1

Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
freightjoe
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April 01, 2018, 11:00:49 AM
 #2

Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?

I also have Eiffeltower you can buy cheaply
AniviaBtc
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April 01, 2018, 11:03:21 AM
 #3

We can not guarantee this, Because many events will happen that we do not expect. The good do just now is to hold until the rise in price of Bitcoins.

virendarnagpal
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April 01, 2018, 11:10:10 AM
 #4

Law of physics, mathematics, geometry, statistics  or algebra does not apply here where we can definitely say 2+2= 4.  Psychological, sentimental, speculative activities affect the price fluctuation of the market.  Demand and supply is the major reason behind price rise or fall.
So can't say anything will happen in future but definitely bitcoin will never be dead.
liangweicha
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April 01, 2018, 11:12:39 AM
 #5

I think it's perfectly possible that every bull market will break new heights, so I think this year will be the next bull market.
So what we need to do is hold.

minhdang2212
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April 02, 2018, 12:16:39 PM
 #6

Cryptocurrency investment has never been stable, in the past there has been a lot of downturns like this, even more pathetic, but then also recovered and set a new peak, but will need time . Therefore, once you stick to this market, you need to determine long-term investment, maintain the psychological, then will also recover and increase again.
Xester
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April 02, 2018, 12:32:26 PM
 #7

That is possible at the end of the year. There are also some predictions being made by and ADAC head personnel that bitcoin could reach up to 50k dollars this year or should I say at the end of the year. But everything seems blurry though it is possible I wonder it we could really hit that value this year. But I am hoping that we can reach it.
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April 02, 2018, 12:59:02 PM
 #8

A year is a completely arbitrary length of time in this case.  You could equally have done this every few months and claimed that based on the movement of the last few months, it'll go down to around 1-2 thousand dollars.

Patterns which you observe do not have an effect on the price and are not an accurate way of judging what the price will be.

I really hope you're not investing based on this.

VitKoyn
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April 02, 2018, 01:31:12 PM
 #9

Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
This can't prove anything, and wait I think you are missing something here, where is the price four years ago with the same day (2014/03/31)? where the price of Bitcoin is $476, this means that after a year the price didn't go up and dropped to $243 (2015/03/31). So how will you explain that? You also said that Bitcoin price will go up to $35000 this year but what is your basis and proof that it will reach that price range? being positive that Bitcoin will recover and will hit a new high is not bad but making statements like this is not needed (especially if you cannot prove it) just to make people think that they should invest or just hodl their Bitcoins.
todiefor17
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April 02, 2018, 01:35:19 PM
 #10

Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
can not know before the future. The price of bitcoin is up to 35k, which is a huge figure. I think bitcoin will not be able to hit 35k

mk4
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April 02, 2018, 01:35:50 PM
 #11

Not because the price multiplied 2x, 3x, 4x, ...etc etc almost every year it doesn't automatically mean it will happen again. This is probably the worst way I've seen people make predictions based on past data. Take note there was a time whereas bitcoin was stagnant for some time. Who's to say a similar price movement will happen this year?

Though take note that $35k is possible. But $1k is also possible. Bitcoin isn't a get-rich-quick scheme.

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Kurokonobasuke
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April 02, 2018, 01:38:09 PM
 #12

Today (2018/03/31)                   7003$

A year ago (2017/03/31)            1020$

Two years ago (2016/03/31)       417$

Three years ago (2015/03/31)     243$

Five years ago (2013/03/31)        93$

Six years ago (2012/03/30)         4.90$

Seven years ago (2011/03/31)     0.70$

So bitcoin is not dead and may see 35000 usd in 2018 Grin. What do you think ?
That's hard to believe since Bitcoin is naturally volatile and it also means that things are more likely to go opposite to the plans or predictions. The market statistics of Bitcoin and most of the cryptos are way unpredictable since changes in a sudden are happening a lot. I am not saying that it is not possible for Bitcoin to reach that value buy maybe,it won't be this year given that the market price of it at this moment is continuously falling.

franky1
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April 02, 2018, 01:38:59 PM
Merited by lumeire (1)
 #13

OP
best thing to do is not grab random amount..
instead split the chart into 6 monthly segments and then grab the ALL TIME LOW of each period. then draw a line. and you will see its always in a upward trend.

grabbing highs are just speculation/volatility. but the lows have more meaning in regards to where people find true value that they refuse to sell below

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
emycoin
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April 02, 2018, 01:45:33 PM
 #14

It will get 35k one day for sure (or one hour) but maybe not this year. And the majority of us will sell before bitcoin reach that price, in my opinion.
fabiorem
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April 02, 2018, 01:48:51 PM
 #15

We win on both sides.

If this happens, we will have more money, obviously. Some might be tempted to sell or buy expensive stuff with it.

If this dont happen, we will see $2000, and we will load the shopping cart. A lot of people will do that and surely the price will recover.

Anyway, it will reach 100k eventually. It can happen during the next halving in 2020.
IndeecV
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April 02, 2018, 01:52:25 PM
 #16

People need to get used to it and realize that digits on the computer screen can cost more than 10k dollars. I think that within a year, bitcoin will not gain a foothold above its maximum of 20k.
Tamrlan
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April 02, 2018, 01:53:16 PM
 #17

I am sure and very very sure bitcoin will rise again, even I am sure one day bitcoin can pass last year's price of 2017. And to mengujutkan belief that there is only one way, positive thinking while continuing to support bitcoin and trying to avoid to so trust against the negative issues made to drop the price of cryptocurrency
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April 02, 2018, 02:30:27 PM
 #18

best thing to do is not grab random amount..
instead split the chart into 6 monthly segments and then grab the ALL TIME LOW of each period. then draw a line. and you will see its always in a upward trend.

Well it would've been obvious to people that's in this space long enough. The trend is very much visible in any trading chart you'll encounter.

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airdagon
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April 02, 2018, 02:41:31 PM
 #19

if the predictions according to the tables you mention are true then there will be many investors and merchants who feel in a favor, especially for those newly entering the world of cryptocurrency. I think so too, the bitcoin price in 2018 will reach that figure, yes $ 35000, even in my personal opinion the price could exceed that number in that mean, if the bear market could end in the near future.
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April 02, 2018, 02:42:37 PM
 #20

We can and might not, it is pretty obvious that bitcoin is increasing it's value yearly and if you look at the chart you have shown to us 2014 is not in your chart that means there is no progress in that year, You can see the 2011, 2012, 2013 then 2014 was gone because on that year nothing much happen with the price then 2015, 2016, 2017 have an increase and now we are in 2018 sad to say I think this can be a year for the price to make a halt and we might seen the big increase in the year 2019, Well I am just speculating base on the chart you have provided us.
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