bitcoin is worth 180% more than exactly 1 year ago !!

[forumsehat]

If anyone says that bitcoin is dying or dead it is wrong, because if we look at bitcoin prices in the previous year the bitcoin price is very cheap, and I believe that bitcoin will soon rise again.

[swiftbits]

Media just wants to get some attention, they targeted bitcoin for the good traffic it can gives. Bitcoin is alive, let us just focus on the bright side.

[batang_bitcoin]

bitcoin is worth 180% more since 15/6/17 (last year),

Yeah I can remember last year's bitcoin price was around $2,000-$2,500 for the month of June.

however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.

They want to report false news so they can take advantage of it. These medias are totally making their own reports without basing the past charts, they all like to cover bitcoin's fall for this year. Some medias are taking a look at the past charts but most don't.

[Indrawan77]

The price of bitcoin now is great, many people not realize this because they are only focus on the peak price, and since there are huge drop, they like to say bitcoin is dead, but for the one that already involve in bitcoin for long time, know that bitcoin already got a huge achievement

[ralle14]

This ain't a fair fight with bitcoin but we should have to think that these group of people who paid for fake media informations, has their own game plan for digital currency's future. Those hypes, FOMO or whatsoever that could potentially drag down bitcoin and other crypto must do accomplish their plans, and I am confident people will soon realize that this was just a diversion in order to create panic. Eventually those who been worried about negative informations, developed courage and learned to control their emotions so they're coming back again and recovering what they've missed out.

Paid or not there will be people who won't stop hating on Bitcoin. How can you be sure that those people who panicked before will come and buy again what if they don't? Not everyone can control their emotions i've seen some news about an investor that killed himself because of his losses.

The price of bitcoin now is great, many people not realize this because they are only focus on the peak price, and since there are huge drop, they like to say bitcoin is dead, but for the one that already involve in bitcoin for long time, know that bitcoin already got a huge achievement

It's not all on the peak price some don't realize because they either bought Bitcoin when the price is above $10k or completely new to Bitcoin's volatility.

[leonair]

'Still' worth 180% more than last year's though, for me that's still all good and positive with the current status of Bitcoin. The massive increase of price last December was so strong that resulted to a major bearish market afterwards so it needs to breath once again and are now affecting the Bitcoin's price that for me is normal when it comes to corrections.

Medias in particular are all for the interesting facts whether it's true or not, so if people tend to believe what they are all telling about Bitcoin then we believers can't do anything about it. Bitcoin was made to last and for as long as it keeps on surviving then it will remain as the number one cryptocurrency.

[azhariusman1981]

I agree with your opinion, although until now the media is still making bad news about bitcoin but bitcoin is increasingly in demand, I think bitcoin will be worth more and grow faster, I'm sure all bitcoin holders will benefit a lot by the end of this year.

[shaw1]

I agree with your opinion, although until now the media is still making bad news about bitcoin but bitcoin is increasingly in demand, I think bitcoin will be worth more and grow faster, I'm sure all bitcoin holders will benefit a lot by the end of this year.

I think we need to be careful with this idea that bitcoin is just going to bounce right back, and we'll be seeing crazy growth again. It wasn't real, that time.

It was speculative, bitconnect style investing, where all the new money was just getting in for the purpose of doubling their money.

Bitcoin needs more *true* adoption, before the price should start really increasing again. Almost all stores that accept credit cards seem to support Apple pay. Or Samsung pay. Or whatever -pay.. (At least where I live.)

But none of these stores will accept bitcoin. Amazon doesn't accept bitcoin. Your gas station won't take your crypto.

I think that the price needs to become a completely secondary characteristic of bitcoin. Doesn't matter what the price is. We need to get the real world to acknowledge the potential of the blockchain.

That's how bitcoin gets to 100K USD. We don't need a bunch more wall street money pumping in, because they think of the crypto market as roulette. We need real people to buy into the entire premise, because it has become a way of life.

Bitcoin might even go down considerably from here. But I'm hodling. Bitcoin will soar to the moon. Once the common man starts using it.

[Payers]

It seems that bitcoin prices are now close to stability, price stability is necessary if bitcoin wants to be the official currency.

[chaser15]

It seems that bitcoin prices are now close to stability, price stability is necessary if bitcoin wants to be the official currency.

No way. Bitcoin price will never be close to the price stablility.

Majority of people treats bitcoin more than as an asset and investments compare to currency and I don't see any things that can changed that since we are happy with the advantages that we can get even just by simple holding of a portion of a bitcoin. People are speculating that bitcoin price will reached another moon price so again, it will just continue the hype.

There are things that might changed that but so difficult think that it will happened. Let's see in more upcoming years.

[Kunzaii]

As long as a single party holds a big part of the bitcoin-pie, i guess it's impossible to talk about price stability. Too many manipulations can happen.

[ladydark]

bitcoin is worth 180% more since 15/6/17 (last year), however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.

Of course,but it was mainly due to bitcoin futures.Actually most of us don't analyse the price history of bitcoin and just worry on seeing its current performance.But the fact is that bitcoin's price is still more than the price of it before one year.

[farosa]

The reason for thinking like this was 20k in December of the previous year. The price will not satisfy anyone anymore if the price is not 20k. There are thousands of altcoins that are dependent on Bitcoin and Bitcoin's price is also showing up at their price.

[coly20032003]

That is right. I think it may because that it reached some higher points end of last year, that kind of raised people's expectation about bitcoin. I am continue holding my coins, and I will revisit after a few years. Hope I will be rich by then haha.

[airdnasxela]

bitcoin is worth 180% more since 15/6/17 (last year), however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.

Maybe yes.  I also notice how some of the media and news portals have posting about bitcoin.  It seems that what you have mentioned is correct. In addition,  newcomers of bitcoin always wants the high price or value,  without even knowing that it is part of bitcoin to have a low amount so that users can buy some coins and to hold it so that when the value goes up, they will earn profit.

[KMattox]

this is not enough in cryptospace!!!!!!!!!!
come on Bitcoin let's go to the moon again!!
everybody hodling here?

[waynechong1995]

Too much speculators these days, the resistance for gains would be enormous in which I believe that it wouldnt reach investors expectation in 2017, things are clear which news portal are highly centralized now to manipulate news with lots of try hard "catalysts" to build momentum, I would rather stick with potential coins, not simply the value of bitcoin which hold things down, eventually the lost of interest will push investors to other

[olubams]

bitcoin is worth 180% more since 15/6/17 (last year), however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.

These are things that needs to be said and announced but unfortunately its the opposite that is being spread like wild fire. 180% is a very decent returns on investment without any noise of being a ponzi or some extraordinary ROI. I think there is need for reorientation for reduction in the expectations of returns as that is what is causing the whole noise and panic anytime there is a crash in price of bitcoin.

[Pursuer]

a 180% performance in just one year is extraordinary, where you will find a performance like this ?

there are patient gold hodlers still in the red on their 1979/80 purchases.
 
What goes up does come down.
And sometimes not go back up again for a long time.

this is very true. but you can never compare bitcoin with gold. even if you want to do it then you have to compare the 9 years of bitcoin with the early years of gold meaning the time when the first gold mine was created back in Ancient Egypt (1320–1200 BC) and gold started having value. in comparison bitcoin is still young and is still being adopted so the money flow in is still ongoing which is why when price goes down it will go back up again soon after.

you also have to take into consideration the supply of these two. when bitcoin has a limited supply which is being created and enters circulation at a steady pace, gold supply creation rate changes throughout time as new mines are found, new methods for extraction are found,...
here is bitcoin's:


and here is gold's:


interesting enough the big price drop that happens after 1980 in your chart is the same date on above chart that a sharp increase in the gold production occurs in 1980.

[jose111]

bitcoin is worth 180% more since 15/6/17 (last year), however all media and news portals say that bitcoin is dying, a 180% performance in just one year is extraordinary, where you will find a performance like this ? ... because the media and news portals want to see bitcoin dead? ... in my opinion bitcoin is more alive than ever, and I will continue to hold my cryptocurrencies very strong.

Bitcoin has been dying several times. with every time the price drops, media reports that it's definitely over. Quite recently, there was a similar story. Exactly in April this year.

In every time that the situation is like that where in bitcoin is in long run of dip, most people said that bitcoin will going to it's end or die or disappear. It is so funny  because it's uncountable times that I heard that but until this moment bitcoin are still stand strong in the cryptomartket and still leading in the top. No one's prediction can tell exactly what will be happened in the future and if we are a true believer of btc therefore we need to have positive thoughts about it and still supporting and patronizing it.