Why Bitcoin won't grow fast as it was in 2017

[superstarbtc]

Bitcoin is following the cycle of emotions market overreacted to positive bull run whereas effort to get stability to stand in one price so prices dropped every now and then so once btc complete the consolidation of buying at certain price then btc will gain previous all-time high prices

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[Ronaldcoin2017]

Bitcoin is not really moving fast this time because there are so many big amount of bitcoin dump by the market, I believe that we need to have some more patience this time, we all really know that the bitcoin is unstable and it is decentralized so it is already been expected that bitcoin will not move fast same as the other one.

[gabmen]

2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.

In 2018, Bitcoin is not the first crisis. If you look at the dynamics of the course for the entire existence of the coin, you will see that this is already the fourth crisis.

There has been many before but those happened without people's attention. How many are even aware that btc exists then? Now 2017 thrusted btc to everyone's attention and people have seen now the crash this year. If you're someone looking from the outside, that is not a very attractive prospect if you're thinking of getting in.

[Xising]

In 2017, we observed the period of the hype, now it is slowing down. At this rate, we simply go out to the bear bitcoin market. The change of paradigms in the crypto-currency market is quite normal. The bitcoin rate can not be linear. But it also can`t take new heights every day. The change in the price of bitcoin should be assessed at least for an annual period, rather than comparing the current rate with the maximum value.

I think the big part of that is the support it gained from the masses. Back in 2017, many people are still in the phase of recognizing Bitcoin and other cryptocurrencies, and so, they amount of attention and enthusiasm they show for it is just off the roof as compared to these days where they have already seen how negative and devastating it could be not only to your morale as an investor, but literally, to you investment and lodged in capital. Thus, some have already given up, and some have already become more cautious.

[Lpim01]

Bitcoin is following the cycle of emotions market overreacted to positive bull run whereas effort to get stability to stand in one price so prices dropped every now and then so once btc complete the consolidation of buying at certain price then btc will gain previous all-time high prices

We came into different scenarios and market scheme, thus market behavior is different from previous years. Due to developmental factors affecting crypto prices, we might see any fluctuations and change in direction. With that, we just keep calm and lets accept the reality.

[kotajikikox]

The year almost a days to ended but nothing highlight from the market amd now continues to dumped their price i believe not same story bitcoin way back 2017.
And yes i agree with you a lot of potential possiblity bitcoin will gain again sooner.

[EddieCristain]

i think at this time is a good for invest again. in a new year it will on uptrendd

[mapofgordious]

The price of Bitcoin in 2017 has grown strongly due to manipulation. Bitcoin has attracted a lot of attention and investors. This year all inexperienced players left the market. There will be no such growth.

That is right but this down price is like a criminal and is attracting many other investors to invest out of FOMO. And there could be another rise in the values of the coins like we witnessed in 2017 after the fall in 2013.

[massbuldog]

Bitcoin is following the cycle of emotions market overreacted to positive bull run whereas effort to get stability to stand in one price so prices dropped every now and then so once btc complete the consolidation of buying at certain price then btc will gain previous all-time high prices

This is because the factors that influence the coin have been different last year than this time. So this is the reason why Bitcoin might not grow big again but it does not mean that it will not grow at all. It will but would take sometime.

[legenduim]

We did not want it to grow fast but stable. If bitcoin can be stable in pricing there is no way people will not like to use it as money or currency. The business men will also like to used it if it is stable. I could remember that in 2017 there was an unnecessary volatility and this year we were seeing corrections from that volatility.

Man, I am also waiting for the stable growth of Bitcoin. OK, let it happen not this winter, but I want to hope that we will see BTC for 6, 7, 8 thousand dollars and even more in 2019.

[membercard]

A quick recap of cryptocred’s ideas https://medium.com/@cryptocreddy/bitcoin-bull-market-considerations-de3aa0b57029

First of all, I’ll say that I’m confident that BTC will reach new heights, however, I think that this new growth in an upcoming bull market won’t be as rapid as it was in 2017. There are some reasons:

1) In 2017 majority of people just knew about a revolutionary blockchain technology, and was fascinated by it. Nowadays there is a different situation — this word is now on hearing and people won’t go here just for a new technology

2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.

3) From the technical point, the price grew in a free flight —  there were no any resistance levels. Now, after this market dump, there are a lot of resistance levels have been appeared and the price will have to break all of them

4) Probably, many of people who now have minus balances will want to exit of crypto to fix their funds from losses as soon as they became green.

If you found this post useful, I will be really appreciated for +merit.

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[bitbunnny]

According to some analysts in 2017 Bitcoin has reached a peak of popularity and created a bubble that will not happen anytime soon. It was a set of many positive circumstances accumulated at the same time on the market that lead to such huge price.
But I wouldn't say that only in 2017 people learned about Bitcoin and blockchain but because of that price rise gained popularity and more massive adoption.
I'm convinced that price will rise again, this is also part of volatility but I don't think that 2017 will repeat.

[Morpexmorpex]

Bitcoin is not really moving fast this time because there are so many big amount of bitcoin dump by the market, I believe that we need to have some more patience this time, we all really know that the bitcoin is unstable and it is decentralized so it is already been expected that bitcoin will not move fast same as the other one.

I do not think that you can drive bitcoin into the pit now. it is still reliable and requires attention. it is interesting to many so far the main thing is to be patient and wait until this decline of the crypto currency passes and again bitcoin will go up)

[Klausi]

We did not want it to grow fast but stable. If bitcoin can be stable in pricing there is no way people will not like to use it as money or currency. The business men will also like to used it if it is stable. I could remember that in 2017 there was an unnecessary volatility and this year we were seeing corrections from that volatility.

Man, I am also waiting for the stable growth of Bitcoin. OK, let it happen not this winter, but I want to hope that we will see BTC for 6, 7, 8 thousand dollars and even more in 2019.

Probably the whales could help us regain what's happening last 2017, and with 2019 just wait and hold your coins. Patience is our only way to handle those stressful time waiting for crypto to soar back to the price pumping development. Many of us hope for that potential profit to be worth thousands in our wallet, but prior to that we have to stay calm and still.

[Yamifoud]

We did not want it to grow fast but stable. If bitcoin can be stable in pricing there is no way people will not like to use it as money or currency. The business men will also like to used it if it is stable. I could remember that in 2017 there was an unnecessary volatility and this year we were seeing corrections from that volatility.

Man, I am also waiting for the stable growth of Bitcoin. OK, let it happen not this winter, but I want to hope that we will see BTC for 6, 7, 8 thousand dollars and even more in 2019.

Probably the whales could help us regain what's happening last 2017, and with 2019 just wait and hold your coins. Patience is our only way to handle those stressful time waiting for crypto to soar back to the price pumping development. Many of us hope for that potential profit to be worth thousands in our wallet, but prior to that we have to stay calm and still.

I ain't thinking that whales manipulation is the reason for these curse. It is most probably because of the regularization process which is still under the discussion with the SEC members. The things happen last 2017 is memorable to us and it is hard to be like that again even there is bull run. Our market is something different in previous years and it gonna be change once it is regulated.

[cryptolab111]

We are think so:
1-Bictoin has old architec;
2-Today Bitcoin like gold standarts;
3-New cryptocurrency has more potential for growing. (Look at ICO in 2017 and look at ICO in 2018) It is too much for growing some Head crypto.
4-Bitcoin like pioneer of new age of economics. We mean the main rule of free market - Pioneer build the base, than newcomers build economics.
5-The growing and down is the main rule. When ordinary players leave the market who have tried to turn 100 dallars into 100,000 and large ones remain, only then will the market be stabilized

Cryptolab team