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Author Topic: Bitcoin Price Prediction 2018: Will Bitcoin Crash or Rise?  (Read 456 times)
blizzard31 (OP)
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May 31, 2018, 08:22:57 AM
 #1

Bitcoin's value depends on how profitable the market (the general population purchasing and offering Bitcoin) supposes it is. Consider a portion of the more physical things you can as of now put resources or invest into, for example, Gold. The cost of Gold relies upon its free market activity. For instance, when another Goldmine is found, the value drops. This is on account of more Gold winds up accessible thus it is no longer as uncommon. So the rarer Bitcoin is, the higher Bitcoin value predictions are. Hence, bitcoin is not an exemption to the law of supply and demand.

The example of Gold is similar to how Bitcoin’s price changes. However, the price of Bitcoin usually changes because of the news that is published about it. Here’s how it works:

1. At the point when there is awful news distributed about Bitcoin, there are significantly a bigger number of individuals offering Bitcoin than purchasing Bitcoin. These individuals offer their Bitcoin at lower costs than the present value so they can offer it quick. This makes the value drop.

2. At the point when there is uplifting news about Bitcoin, there are a larger number of individuals purchasing Bitcoin than there are individuals offering it. These individuals purchase Bitcoin at higher costs than the present qualities with the goal that they can get it rapidly. This makes the value rise.

do you agree with this? what are your insights?
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Geemy
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May 31, 2018, 08:44:47 AM
 #2

2018 unknown to us but I expect that the price does not change until the end of the year is boring we hear a lot of news but nothing happens
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May 31, 2018, 08:57:14 AM
 #3

I also believe that such a sharp jump as in 2017 is not expected. Here, as they say, who had time - he ate!  Grin
It is possible that the price that is now, will be final. But that's my personal opinion. Time will tell.
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May 31, 2018, 09:12:37 AM
 #4

it is not because of "news" whether bad or good. it is the downtrend which the news is intensifying but is not the cause of it. and it has to run its course before coming to an end.
give it time and wait until the bear market is over and price will start rising back up again.

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May 31, 2018, 09:20:27 AM
 #5

Maybe I think for the Btc price in 2018 it will not be a high spike for now, because for the Btc price soaring will happen in 2020 where it happens at a time change, but that's just my prediction. Hopefully 2018 will see Btc price changes, and will not wait long until 2020.
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May 31, 2018, 09:31:34 AM
 #6

Bitcoin's value depends on how profitable the market (the general population purchasing and offering Bitcoin) supposes it is. Consider a portion of the more physical things you can as of now put resources or invest into, for example, Gold. The cost of Gold relies upon its free market activity. For instance, when another Goldmine is found, the value drops. This is on account of more Gold winds up accessible thus it is no longer as uncommon. So the rarer Bitcoin is, the higher Bitcoin value predictions are. Hence, bitcoin is not an exemption to the law of supply and demand.

The example of Gold is similar to how Bitcoin’s price changes. However, the price of Bitcoin usually changes because of the news that is published about it. Here’s how it works:

1. At the point when there is awful news distributed about Bitcoin, there are significantly a bigger number of individuals offering Bitcoin than purchasing Bitcoin. These individuals offer their Bitcoin at lower costs than the present value so they can offer it quick. This makes the value drop.

2. At the point when there is uplifting news about Bitcoin, there are a larger number of individuals purchasing Bitcoin than there are individuals offering it. These individuals purchase Bitcoin at higher costs than the present qualities with the goal that they can get it rapidly. This makes the value rise.

do you agree with this? what are your insights?

I don't think the news are the reason for bitcoin's price decrease. It depends mainly on the global sentiment around the bitcoin. However, the news can only spread that sentiment across the globe acting as catalyst. Bitcoin's price movement is closely tied with the global regulations as well. If a country decides to ban bitcoin, you will see an adverse effect on the price and vice versa. The fact is, bitcoin's price depends on many factors which can't be accounted correctly. Also market manipulation by the whales is another reason for it. 

But every price decrease comes with an opportunity for the long term believers of bitcoin. I personally know few persons who buy bitcoin during each decrease and I am also one of them. I see it as an opportunity to make profits. So the second statement of yours is partially true. Definitely with positive news, market receives more purchase orders but the volume remains high even when the market slumps.

The entire thing is complicated and very diverse. It is impossible for a person to factor in every possibilities on which bitcoin's price is based on. That's what makes bitcoin a speculator's heaven. 

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May 31, 2018, 09:37:16 AM
 #7

There is no need to speculate about the price of bitcoin.
The most important thing is that bitcoin doesn't die.
In the long run, bitcoin has been on an upward trend.

Direwolve735
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May 31, 2018, 09:41:59 AM
 #8

Despite the longest period of the fall of the Bitcoin exchange rate, the long-term prospects for the coin remain unchanged. It is necessary to institutionalize the crypto currency, and many large banks are already working in this direction creating certain conditions for their clients. Some offer tools based on bitcoin, others are developing software for storing crypto currency. I expect that the crypto currency will stay close to $ 10,000 by the end of this year.
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May 31, 2018, 11:08:12 AM
 #9

I think bitcoin is still too early to die. To my knowledge, bitcoin is an altcoin benchmark, so if bitcoin is destroyed then altcoin will also receive its effects.
In addition, this is also not the first time bitcoin decreased in price. This is common, when the price drops people will come to buy in bulk and at the same time the price will go up and when the price goes up, people will sell in bulk to get profit.
and as the number of coins on the market increases, bitcoin prices will fall back.
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May 31, 2018, 11:17:12 AM
 #10

2017 is Bitcoin's banner year and it happen before the end of the year, and I believe 2018 is salso going to be a banner year for Bitcoin, every year Bitcoin is getting stronger its community and price every year it surpasses the people's expectation.


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May 31, 2018, 11:30:52 AM
 #11

Bitcoin's value depends on how profitable the market (the general population purchasing and offering Bitcoin) supposes it is. Consider a portion of the more physical things you can as of now put resources or invest into, for example, Gold. The cost of Gold relies upon its free market activity. For instance, when another Goldmine is found, the value drops. This is on account of more Gold winds up accessible thus it is no longer as uncommon. So the rarer Bitcoin is, the higher Bitcoin value predictions are. Hence, bitcoin is not an exemption to the law of supply and demand.

The example of Gold is similar to how Bitcoin’s price changes. However, the price of Bitcoin usually changes because of the news that is published about it. Here’s how it works:

1. At the point when there is awful news distributed about Bitcoin, there are significantly a bigger number of individuals offering Bitcoin than purchasing Bitcoin. These individuals offer their Bitcoin at lower costs than the present value so they can offer it quick. This makes the value drop.

2. At the point when there is uplifting news about Bitcoin, there are a larger number of individuals purchasing Bitcoin than there are individuals offering it. These individuals purchase Bitcoin at higher costs than the present qualities with the goal that they can get it rapidly. This makes the value rise.

do you agree with this? what are your insights?

I do not think if news are the main reason why bitcoin price are fallen, if there's an bad or good news about in bitcoin or crypto currency it doesn't mean it causes to affect the value. I believe this coming few months or before the end of the year it will rise again.
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May 31, 2018, 11:41:25 AM
 #12

I don't see any reason why bitcoin will crash. It will rather rise up, bitcoin have been the leader of all altcoins for so long until now there is no better competitor that can overthrow it.
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May 31, 2018, 11:43:33 AM
 #13

yes, I agree with you, but you should know, sometimes people utilize bad news for buying more bitcoins, because the impact of bad news is make bitcoin value down.

and when good news supports bitcoin value, then some people prefer not to buy bitcoin, and the holder will harvest big.

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May 31, 2018, 11:52:53 AM
 #14

There is no need to speculate about the price of bitcoin.
The most important thing is that bitcoin doesn't die.
In the long run, bitcoin has been on an upward trend.

there is actually a lot of reasons to speculate about price of bitcoin! probably you don't see them because you don't own any and have no plans on buying. otherwise as a trader or even an investors people want to know when they can get the best offer, both when they buy (at the lowest possible) and when they sell (highest price possible) to make the most profit.

There is a FOMO brewing...
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May 31, 2018, 12:34:10 PM
 #15

There is no need to speculate about the price of bitcoin.
The most important thing is that bitcoin doesn't die.
In the long run, bitcoin has been on an upward trend.



I hope this 2018 bitcoin will rise up and continue to spreading in people who wants to join this crypto currency trend. We shouldn't know what happened in the future but the important is bitcoin will never be fade and hoping it will be in highly recommended system in trading.
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May 31, 2018, 12:37:26 PM
 #16

A lot of speculations about the price of bitcoin this year some people say bitcoi can’t survive and some people still believe on bitcoin. I know bitcoin is a great coin that can survive this challenges, so for me bitcoin will rise high again this year despite of so many negative news and fud news about bitcoin.
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May 31, 2018, 12:45:57 PM
 #17

A lot of speculations about the price of bitcoin this year some people say bitcoi can’t survive and some people still believe on bitcoin. I know bitcoin is a great coin that can survive this challenges, so for me bitcoin will rise high again this year despite of so many negative news and fud news about bitcoin.




For me im stilling believing on bitcoin even the price will goes down because i know the price of bitcoin is normally goes down and goes up that is the role of bitcoin in this world and i know if the price of bitcoin goes down im sure bitcoin will survive because of people trust and using the bitcoin.

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May 31, 2018, 12:46:24 PM
 #18

Hope the price of btc in december will hit 50k $ that would be great.
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May 31, 2018, 12:58:57 PM
 #19

Though bad news are hurting crypto specially bitcoin,but i dont believe this is the reason why price drops because. Investors arent noob to believe instantaneous in every negative news issued by media or individuals

Its all about the worldwide damage ,like what Avikz says the bannings from every country is the big contributor of why prices falls
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May 31, 2018, 01:03:40 PM
 #20

We all wonder where Bitcoin is going to be 1 year, 2 years, 5 years or even 10 years from now. It’s tough to predict, but everyone loves to do it. If more countries create regulations/laws for cryptocurrency, more bad news will be published. This means we may see Bitcoin crashing again.
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