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yndye
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August 11, 2018, 02:47:38 AM |
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Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
No, it is not practical because of what happen in the past few months wherein many people got discouraged and get out of cryptocurrency being hyped last December. Its price may increase and may surpass all time high if there is a catalyst that would trigger it but expecting it to jump tenfold would be less likely although there is a possibility for it to happen but as what I say, it is less likely given the situation that we go through for the past few months. If you want to increase your bitcoin holdings tenfold though then just continue to trade and take profits even if it's just small. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Netnox
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August 11, 2018, 03:44:51 AM |
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I don't want to comment on this. Although it may sound ridiculous, such spikes have occurred with Bitcoin many times in the past. In 2011, the prices went up from $0.30 per coin to $25 per coin. Then again in 2013, the prices went up from $10 to $1,230. And in 2017, there was a spike from $1,000 to $20,000 per coin.
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Lisadavis87
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August 11, 2018, 05:25:48 AM |
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I think is what most of the expert says that Bitcoin price will pump a lot before the end of the year but who knows, the price simply pumps with a good news and new big investors without them price just dropped.
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erzascarlet_30
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August 11, 2018, 05:55:00 AM |
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High expectations leads you to nothing. Just be positive but don't expect. Everything happens for a reason, everyone knows that bitcoin will strive again. It's not that low, it is in a stable state. Just don't expect bitcoin will change something this year. Everything is laid flat.
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South Park
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August 11, 2018, 08:36:34 PM |
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I do not expect a big price increase in Bitcoin. But the price may half. Lower prices are more probable than higher prices.
At this point I think the bigger chances are for the scenario in which things more or less remain the same, there are going to be some factors that decrease or increase the price of bitcoin in a temporary fashion, this is not going to last and we will go back to the current range of prices, I know that my prediction is not very exciting for those looking for volatility in the market but that is what I think it will happen. |
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jak3
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August 11, 2018, 09:03:03 PM |
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Of course, not, there is no such practical evidence which indicates that we are going to have a jump that big. We cannot rely on the luck or coincidence and if you think it can happen when you are free to provide any proof or assumption which you think it can.
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paynercash
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August 11, 2018, 09:21:56 PM |
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Of course, not, there is no such practical evidence which indicates that we are going to have a jump that big. We cannot rely on the luck or coincidence and if you think it can happen when you are free to provide any proof or assumption which you think it can.
The tenfold increase may also occur with the assumption of this year. However, in reality and so far it is very unlikely. In order to increase or decrease in the market, there are many factors that determine the market. And for sure, it just moved a bit better. |
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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August 12, 2018, 03:19:52 PM |
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Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
That didn’t happen in most other years, it even took everyone by surprise when it happened in 2017, and lots of people were calling it a bubble and some people said that it was a result of whales pumping the price to dump it later. I don’t know for sure if the same thing is going to also happen this year, this year might be different and price might not go up like that. But no matter what happens, I still believe that the price will get to a bit higher price than it is now. From current levels to tenfold means we must have bitcoins prices above $60k which may not be possible within next 4 months of times. But anything may happen as per the past performances of bitcoins. Only in November 2017 bitcoin raised from $10k to ~$20k. If we have similar growth in coming months of this year then it may become possible. |
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Harry1v
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August 12, 2018, 04:22:35 PM |
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Ten times the probability should be small, but there is still a chance that BTC will return to $20,000, the market heat is low and BTC's etf isn't working.
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yulchatar
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August 12, 2018, 05:14:46 PM |
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The price of bitcoin is so unpredictable that anything can happen everything. Since the beginning of the year various experts have made their predictions about the price. Many positive promises were voiced for the spring, then for the summer, now - for autumn and winter. I now don't want to predict anything, everything should happen as it should. And we will just wait and watch.
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Yurkov
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Pepemo.vip
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August 12, 2018, 05:24:17 PM |
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I think is what most of the expert says that Bitcoin price will pump a lot before the end of the year but who knows, the price simply pumps with a good news and new big investors without them price just dropped.
For me there are lots of chances still for bitcoin to make this pump, but the time will verify if our speculations are right, maybe 2019 will be better, we will see. |
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V1lpu
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August 12, 2018, 05:43:37 PM |
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Obviously it's not practical to expect something you couldn't affect to. But new ATH isn't impossible option for this year.
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Alpinat
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August 12, 2018, 06:15:55 PM |
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Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
No. It is not practical to speculate that bitcoin will jump tenfold from it's current value. There are so many people that are waiting for that moment and of course there are still many people that are waiting for that moment just to sell all of their bitcoin we should also consider that not only the buyers. |
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jademaxsuy
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August 13, 2018, 06:12:48 AM |
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Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
we should not expect anything from bitcoin as we all know that there is still uncertainty on the system that includes its market price movement. However, we know that market price for crypto is volatile so there could be some possibilities that bitcoin market price will go higher but not that much as ten fold jump. |
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spongegar
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August 13, 2018, 07:52:09 AM |
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It is never practical to exoect any number of jumps to any any number of folds. It just disapoints you in the end to know that your expectations were not met. Now, in the question of hoping, I wouldn't want a tenfold increase on Bitcoin's price. For one thing, when the prices adjusts, and it will, it will plummet tenfolds too. So i woukd.much rsther want a steady increase rather than a jump.
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0xBitcoins
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August 13, 2018, 09:37:21 AM |
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It's impossible to happen this year and I don't think bitcoin can go up tenfold in one year, that's too much for a short time frame. I do hope that the bear market is over at the end of this year and the market will go sideways for several months before to accumulate more coins for future bullrun. Last year bullrun caused by the hype that created by the media and a lot of people got burned at the crash so it will take a long time until that kind of thing happen again.
To some extent I agree with you. It appears hard for bitcoin to increase ten times in such a short duration but then again it just appears. Bitcoin is a way too powerful and amazing. No one can really predict the end year value with great accuracy. Just wait and watch. It can easily touch 40k dollars and for doing so, there is no requirement of long periods. |
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chel0
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August 13, 2018, 09:43:42 AM |
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3rd quarter of the year is almost close to an end yet still no significant changes in the value of bitcoin. Current BTC price is close to $6500. A tenfold jump in bitcoin price is hardly possible this year. But even if do not meet the tenfold expectation at the end of this year, we still expect a better price at around $15K or up to have at least a much better profit to enjoy.
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harimauagam
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August 13, 2018, 09:46:54 AM |
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if you leap 10 times in a year there will definitely be a lot of people investing from now on because they take an unlimited profit in terms of BTC prices that are currently standard and I only remind you that if we get satisfactory results we must think first to buy 1BTC.
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abruchifid
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August 13, 2018, 09:49:39 AM |
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It is not possible or let me say not likely, bitcoin has not gone beyond 10000$ for most part of this year, what we can reasonably expect is a recovery to it previous all time high
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Koko1200
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August 13, 2018, 05:19:33 PM |
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Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
I'm thinking that it is not practical and it would lead people to a frustration if they are confident in that, I am anticipating a great growth and bitcoin till next year so probably even tell medium point of next year because EFT and all those things. |
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