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Author Topic: I think we have to see 35000 usd in 2018 according to this table  (Read 282 times)
krauzzer02
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April 02, 2018, 02:45:14 PM
 #21

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.
Based on the data showed last year above bitcoin is just ranging from 1k to 2k USD bouncing back and forth then the uprising begins in the middle of the year, we are talking about big figures of a price here not just 500 USD or 1000 dollars, you have to expect 50 to 70% plus dump cause that is a normal scenario for a cryptocurrency, from ATH of 20k dollars expect that kind of crash due to some influential factors and market corrections to consider, base on the price history and the current data from the market it still has a vast potential to uprise again.
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April 02, 2018, 03:03:31 PM
 #22

It does not guarantee that this is a sudden reality, but unforeseen events can also come suddenly, that's what makes everyone's prediction always wrong, not ruining the possibility that there will be a huge boost by the end of 2018.

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April 02, 2018, 06:55:41 PM
 #23

If we had followed every prediction of cryptocurrency, we would have reached 50k or even 100k. And if we continue to follow-up every prediction it won't lead us anywhere. We should try to understand that cryptocurrency is unpredictable. So many influencers investors have predicted that by now it would have been 25-35k but look at the recent price of bitcoin, it is no where near that. Just hold your coins and hope for the best.
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April 02, 2018, 07:07:35 PM
 #24

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 ?

Why you have stated that "so bitcoin is not dead"? Just because of the current price behaviour? That's a lol for me if you will based on it. That prices you have posted are being spreaded recently at any platforms (forums, social media, just a simple post etc. so I think you got it there.

Anyways going back to topic, past performance can't guarantee future results. What matters here is, bitcoin price is showing a good support at their established dip during a price decrease scenario. What does this means? Meaning we can't expect a much lower price level on that level as the resistance is strong. It's good to see that bitcoin price are having a times like this so that we can see how well the support it at any price level. Jumping at much higher price level for only a short period of time is completely a product of pump and hype and this is the time where putting money is at more risks.

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April 02, 2018, 07:19:27 PM
 #25

What is it that you describe at the same time ,why 2014 is not on your table? 35000 is a high value which position may be achieved by bitcoin ,I do not count as you're in the trading system It felt complicated to see from my eyes ,This speculation is what makes me confused can anyone explain it?

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richardsNY
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April 02, 2018, 07:28:33 PM
 #26

Pretty lame. People try to convince themselves that the price will go up in each and every form to artificially satisfy themselves. Just accept that there is not much room for short term growth -- the sooner people start to appreciate current levels, the better. I remember having seen people complain about the market being stuck around $15,000 for a while, where then they complained about $10,000, and now even current levels aren't free of complaints. People have been spoiled with how the price has gone up last year, and now suddenly nothing is able to satisfy them aside from their own broken logic making them believe in fairytales. Get a life or liquidate your holdings if you can't handle this market....
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April 03, 2018, 01:25:24 AM
 #27

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.
I didn't really think we're going to see a bull market in this year, where going to be lucky if bitcoin recovers some of the price that it lost, maybe I am too pessimistic for some people but taking into consideration the previous year I find it very difficult to believe that we are going to see another pump like what we saw on the previous year especially when the first quarter has been so difficult for bitcoin.
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April 03, 2018, 01:55:04 AM
 #28

Correct me if I'm wrong, but all you're doing is looking back to the previous year's gains and associating that with what this year's gains may be...

That's clearly a very bad way of doing speculation. At least throw in a parabolic chart or something Grin
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April 03, 2018, 04:50:43 AM
 #29

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 ?

You skipped 2014 entirely, in March that year bitcoin was actually at $600.

Bitcoin is not going to $35k this year.

Your trend doesn't work at all because in reality, bitcoin will experience bull markets and bear markets driving price above or beneath the mean. Price growth is not always linear in reality, which means that even though the trend may seem to be like that, in reality, it's not. Just like the 2013 bubble, this one may take 1-2 years for bitcoin to actually recover from.

So no, $35k in 2018 or any all time highs would not be possible. We'd be lucky if we're not going down further at this point. However, it could happen in 2-3 years time.

Smiley
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April 03, 2018, 06:02:14 AM
 #30

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 would love for bitcoin to touch $35,000 in 2018. I think this scenario is possible but keep in mind, past performance does not indicate future results. Bad news can swiftly bring the price down.
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April 03, 2018, 08:06:26 AM
 #31

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 would love for bitcoin to touch $35,000 in 2018. I think this scenario is possible but keep in mind, past performance does not indicate future results. Bad news can swiftly bring the price down.

precisely I think the future of bitcoin in determine from the current performance. for example, if the current market performance / bitcoin is not so good (monotonous), what will get good results in the future? No, sir! if we want good results, performance must be improved from now on. for example, if the bullish market starts pumping prices then, chances are we will start better, keep us having to reduce the scattered FUD, so we can more easily improve. everything takes process, not instant. assume that this situation is a process to achieve future glory later. I think, $ 35,000 could be achieved in 2018, even more.
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April 03, 2018, 09:36:39 AM
 #32

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 ?

Well I'll offer you some BTC for $15k now. You wanna buy if you think we will or could easily double that price this year??
Never use past performance to predict the future!
Sure in hindsight we all know things better and are super smart.
But when it comes to "put your money where your mouth is" in situations of uncertainty, even with well done analysis, well guess how the majority of guys will act? Right, they will duck out!
So you see I'm not a a fan of trying to forecast the market. I'm more of a reactive guy. When I see a opportunity to buy or sell I just do it. Beside that I just hold and let the market do it's thing. This way you don't expect too much or become impatient.
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April 03, 2018, 10:10:42 AM
 #33

Many lines and articles predict price to be in some point this year 35k just dont get it how just yet. What will be major turn up point for this for price to go this big in spike for change huge change and to be yet another new ATH. Maybe it can be but think that it will, not be this year maybe we will come to 12-15k range but this from my point of view is max price.
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