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Author Topic: Bitcoin market has already hit bottom for 2018  (Read 1523 times)
gold1112
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April 19, 2018, 05:27:30 PM
 #1

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?
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April 20, 2018, 11:29:04 AM
 #2

Although bitcoin has the lowest point but bitcoin still has a very high price, and in 2018 this is the price bitcoin will show greatness with price increases to the moon again.
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April 20, 2018, 11:39:11 AM
 #3

The IMF have put out a new report which is much more positive towards crypto than it was before. This is great news and encourages widespread adoption. It could mean that yes, we have hit the lowest point for BTC for 2018

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April 20, 2018, 11:46:20 AM
 #4

Bitcoin market may be at very low in 2018 as compared to the year 2017.  In the year 2017 the price of bitcoin shoot up to around 20k which not is around 8k.  Bottom can not be ascertained just by comparing it's current price to the price of the past.  May be it shoots up again now as the price recovered during the last couple of days and may be the trend of upward movement continues.  But all we can say is "May be"  but not sure.

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April 20, 2018, 11:50:54 AM
 #5

it already hit the bottom maybe later for this 2018 bitcoin price will go up until bitcoin reach again the top price. for me bitcoin will increase rapidly this year and more people will love it because they can earn more bitcoin or profit easily.

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April 20, 2018, 11:54:52 AM
 #6

Although many media do not see BTC, BTC is a bubble!

Many people still believe that BTC's other crypto currency will be successful in 2018!

When prices hit bottom, markets usually bounce back.
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April 20, 2018, 11:56:16 AM
 #7

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?


There are no more bearish moves for bitcoins price. Even though there is a huge dump last April 17 when a whale sold his 6500 btc but the market have recovered fast and the value rose back again to 8200$. This stability in bitcoins value at 8k$ is a good sign that we must buy again thus many people will buy bitcoin and we will see a fast increase in value this week and next week.

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April 20, 2018, 12:01:34 PM
 #8

The IMF have put out a new report which is much more positive towards crypto than it was before.
This one. Bitcoin boosted by IMF chief Christine Lagarde’s praise

Christine Lagarde has showed her interest to bitcoin since last year (IIRC) and she's bullish to it.

Although many media do not see BTC, BTC is a bubble!
Not only the medias but those economists and bankers who have plans of buying during the dip. They never stop calling bitcoin a bubble.














 

 

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Juggy777
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April 20, 2018, 12:03:10 PM
 #9

Bitcoins had to hit hard and move up, it's like a spring can't keep it down forever. I feel after all the fud IMF news and Japan efforts seemed to work like a charm to wake up the lazy bulls. The figure of 8500 was being touted to difficult to break but bitcoins has broken it with ease. I think now it's a one side rally for the crypto king.

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whirlcoin
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April 20, 2018, 12:08:21 PM
 #10

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?

The price of bitcoin has been swinging from the early days so it is just a normal behaviour but still people are getting scared and selling their coins while there is a price fall.And as younsaid bitcoin might change the future system but we don't have to compare it with gold we have to compare them with fiat only because that is the perfect enemy or rival of cryotocurrency.

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April 20, 2018, 12:10:41 PM
 #11

I would probably agree. Personally I would like to see more consolidation at these levels to make sure this is a strong support level. Considering the low of 2017 was 1200 and now its around 6-8k I think the progress justifies your positive outlook. I actually share your views
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April 20, 2018, 12:12:21 PM
 #12

I think bottom is 5000$ which we didn't see now and i hope we will see it very soon , no point to change trand now , whales need earn easy money again now on shorts position.

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April 20, 2018, 12:14:22 PM
 #13

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?
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April 20, 2018, 12:29:55 PM
 #14

Bitcoin is like the Internet in the 80s. This technology’s going to work. It is going to be game changing, but it is very early days so we can have this massive volatility. Bitcoin market has already hit bottom for 2018 and that there is nothing but upside from here on out.
What do you think about it?


Yes, Brother, I think bitcoin is the future. Bitcoin will be mainstream in the future. Buy now, or we're gonna regret it.
Currently no one is regret in Bitcoin because all are understand the potential of this coin. So again many peoples are investing in this coin if you feel it is not a good performance in current scenario you are blind in this platform. I think Bitcoin is a future investment so long term investors are investing continuously this will be maintain a same position in forever.

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April 20, 2018, 12:40:51 PM
 #15

Although many media do not see BTC, BTC is a bubble!

You're couldn't be more wrong. ALthough BTC has been in a bubble period multiple times, it is not a bubble by itself. An asset that is a bubble by itself has only popularity, no actual use. People are in only to get some money and get out. It's not like that with BTC as it has some actual uses and companies are starting to see it. Just today i've read about Walmart being interested in the blockchain. The insurance companies are looking at it as well. BTC is here to stay.

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April 20, 2018, 12:44:37 PM
 #16

I am no expert but I think we have more room for decline and that this is just a bull trap. We will go down to around 5-6k and then go sideways for a few months. Then comes the alts season and then new btc ath by the end of the year. Either way, it is bound to grow. Just keep hodling.
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April 20, 2018, 12:47:05 PM
 #17

I have kind of stopped making assumptions now. I do hope it is only up from now on but we can never be sure. One thing I am sure about is it would definitely go up in future.

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April 20, 2018, 12:50:10 PM
 #18

The reason for the volatility has been the fact that several countries are trying to put in place regulatory measures to prevent some illegal uses of bitcoin and so investors gradually sell off.But yes,the blockchain technology is very innovative and as it stands now is in its nascent phase with gradual mass adoption gradually happening.Probably with time,bitcoin may become non-existent but the technology will remain just like the internet has remained but some earlier internet ideas have died out.

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April 20, 2018, 12:50:44 PM
 #19

Although in the past bitcoin has decreased in price but bitcoin again shows the populations so bitcoin again increase the price in this year even though the price increase but slowly.
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April 20, 2018, 12:58:03 PM
 #20

We still can't be sure yet if bitcoin already hit the bottom, there are still a couple of months left before the year ends and a lot could happen in these months. I can't tell yet if that was the bottomest of bitcoin yet, we still can't predict the future of bitcoin and to think an upcoming fork is going to happen again so I'm guessing bitcoin will drop back again, I just don't know to what amount it will drop down to.
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