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Author Topic: bitcoin and decreases in 2017 and 2018.  (Read 234 times)
Sengoko
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October 08, 2018, 12:33:48 PM
 #41

Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.
Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.
I would like to also put another thing into conversation by saying that this was considered a bear run for the past 10 months so I understand why the person is afraid that another fall in the price like this would cripple the economy of bitcoin and we would be all crying however even tho having another decrease like this looks impossible and everyone laughs at him, noone points out one mistake in his logic.

The price was around 3-4k than increased to 20k and than dropped back to 6k levels, which means price could increase from 6k to 42k and than drop to 12k again if everything happened all over again. There was increase before that drop as well, don't forget that.

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October 09, 2018, 09:17:00 AM
 #42

I believe that the price of Bitcoin will rise soon, in this year the price will certainly not reach the peak of the last year, but I think he should achieve at least 12000$ line, which would also be very good, since the price is almost doubled from the current one.
It would be very good if it multiplies by 2 irrespective of time as we should keep remember it that we are in long-term investment so we should treat it the same and should not make it short-term by selling immediately for small profit. Let me remind you about what happened last year, the price reached to its bottom and then it followed up trend and reach at its highest recorded value so situations are better than that bottom and it will make a record performance again.

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October 09, 2018, 01:07:47 PM
 #43

Yes you’re right about all of this shit, bitcoin was going up a lot in 2017 and we all were happy that we are goinng to make a lot of profit . But seems like  were not meant to make a lot of profit . In the beginning of 2018 bitcoin has started to drop a lot untill he dropped to 6000$.

You're looking at this situation the wrong way. You were and are making profit. If you bought Bitcoin in 2017 you made profit. The average price at the time was below 5000USD.
If you buy now you will still make profit in a year or 2. Looking at a bear market like it was the end of the world is exactly what pushes people into depression, addiction, and suicide.
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October 14, 2018, 07:38:57 AM
 #44

Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.
Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.
I would like to also put another thing into conversation by saying that this was considered a bear run for the past 10 months so I understand why the person is afraid that another fall in the price like this would cripple the economy of bitcoin and we would be all crying however even tho having another decrease like this looks impossible and everyone laughs at him, noone points out one mistake in his logic.

The price was around 3-4k than increased to 20k and than dropped back to 6k levels, which means price could increase from 6k to 42k and than drop to 12k again if everything happened all over again. There was increase before that drop as well, don't forget that.
In my opinion if the price increased due to the market cap it would be the same as it is today, but unfortunately there was a huge bump in the price in the last year and people become addict of such bumps. Now the price is normal again but people still want huge bumps like the previous one, rather there will be no such bumps in the price anymore in the future.
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October 14, 2018, 07:51:54 AM
 #45

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?
The way bitcoin fall from $20000 in December and until now it could not stand up is a concern to us. I have been trading cryptocurrencies last year and I have invest in many of them that I am still holding and most of them are at the lost of over 80% . This is really such of concern to me because it might going to fall further in future but not to $500.


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October 14, 2018, 03:30:05 PM
 #46

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?
The way bitcoin fall from $20000 in December and until now it could not stand up is a concern to us. I have been trading cryptocurrencies last year and I have invest in many of them that I am still holding and most of them are at the lost of over 80% . This is really such of concern to me because it might going to fall further in future but not to $500.
even bitcoin prices will not fall to the price of $ 5k in the future, I'm sure there are still many investors who will invest long term.
well I still wait to reach $ 20k again  Cheesy

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October 15, 2018, 06:55:09 AM
 #47

Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.
Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.
I would like to also put another thing into conversation by saying that this was considered a bear run for the past 10 months so I understand why the person is afraid that another fall in the price like this would cripple the economy of bitcoin and we would be all crying however even tho having another decrease like this looks impossible and everyone laughs at him, noone points out one mistake in his logic.

The price was around 3-4k than increased to 20k and than dropped back to 6k levels, which means price could increase from 6k to 42k and than drop to 12k again if everything happened all over again. There was increase before that drop as well, don't forget that.
I think it won't increase until the next year. You are right there was a time when bitcoin was $20,000 everything was going prefer but then something happen with bitcoin and he start falling.
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October 15, 2018, 07:02:31 AM
 #48

Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.
Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.
I would like to also put another thing into conversation by saying that this was considered a bear run for the past 10 months so I understand why the person is afraid that another fall in the price like this would cripple the economy of bitcoin and we would be all crying however even tho having another decrease like this looks impossible and everyone laughs at him, noone points out one mistake in his logic.

The price was around 3-4k than increased to 20k and than dropped back to 6k levels, which means price could increase from 6k to 42k and than drop to 12k again if everything happened all over again. There was increase before that drop as well, don't forget that.
I think it won't increase until the next year. You are right there was a time when bitcoin was $20,000 everything was going prefer but then something happen with bitcoin and he start falling.

Really? You are funny. How about you guys check bitcoin's chart the last three years for instance? Try to observe and understand it. Guy is right. From 3-4k then 20k. So a 6k level price can't break that 20k again? Lol!

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October 15, 2018, 07:40:48 PM
 #49

I believe that the price of Bitcoin will rise soon, in this year the price will certainly not reach the peak of the last year, but I think he should achieve at least 12000$ line, which would also be very good, since the price is almost doubled from the current one.
It would be very good if it multiplies by 2 irrespective of time as we should keep remember it that we are in long-term investment so we should treat it the same and should not make it short-term by selling immediately for small profit. Let me remind you about what happened last year, the price reached to its bottom and then it followed up trend and reach at its highest recorded value so situations are better than that bottom and it will make a record performance again.

Yes, I mentioned that the price should achieve at least 12000$ line, but it's just my optimistic prediction this may even not happen. And I know that before the rise of prices, it first reaches the bottom if we are talking about last year. And this year I think the price will already fall less than it has already been

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October 16, 2018, 06:37:22 AM
 #50

Every year is victorious for bitcoin as long as it gets developed and globally adopted more and more every year, regardless of price.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

It doesn't work that way. For BTC to drop from $6500 to $500, it would take another 171.42% decrease. The chances of that happening is extremely slim in my opinion.
Bitcoin's victory is a victory for investors, and bitcoin users. I realize that every year bitcoin always increases for the better, but when bitcoin falls drastically from $ 20K and now bitcoin price only $ 6K, I think it's not a victory for some investors.
What do you think? How do you think about investors who buy when $ 20K?

I always believe that bitcoin can fall to hundreds of dollars again.
I would like to also put another thing into conversation by saying that this was considered a bear run for the past 10 months so I understand why the person is afraid that another fall in the price like this would cripple the economy of bitcoin and we would be all crying however even tho having another decrease like this looks impossible and everyone laughs at him, noone points out one mistake in his logic.

The price was around 3-4k than increased to 20k and than dropped back to 6k levels, which means price could increase from 6k to 42k and than drop to 12k again if everything happened all over again. There was increase before that drop as well, don't forget that.
we can call it the worst year for bitcoin and i don't think it will be up in this year. We can wait for the next year and we should keep our invest up.
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October 16, 2018, 07:49:34 AM
 #51

I think it won't increase until the next year. You are right there was a time when bitcoin was $20,000 everything was going prefer but then something happen with bitcoin and he start falling.
The problem with a whole lot of you is that you assume and think a lot and then as you are thinking you really do not get to think on the negative aspect but the positive one. The thing that has blurred the eyes of so many from seeing what they should be doing in a bear market is because they really have no clue how the market works most of the time and they are just looking for a faster way to acquire wealth.

The market is not going to just start bringing about some huge growth all of a sudden, but you have to understand that no matter what, the market is still in an uptrend, if you want to check from the previous years to this date, so if you want to use that, I guess you should be able to picture where we would be from here in coming years.


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October 16, 2018, 08:04:23 AM
 #52

I believe that the price of Bitcoin will rise soon, in this year the price will certainly not reach the peak of the last year, but I think he should achieve at least 12000$ line, which would also be very good, since the price is almost doubled from the current one.
It would be very good if it multiplies by 2 irrespective of time as we should keep remember it that we are in long-term investment so we should treat it the same and should not make it short-term by selling immediately for small profit. Let me remind you about what happened last year, the price reached to its bottom and then it followed up trend and reach at its highest recorded value so situations are better than that bottom and it will make a record performance again.
The price was about 3800 till the end of August 2017 and then suddenly the market changed and the price reached to almost $20000 till December. In the second month of 2018 the price reversed and went to its previous actual price, but those 6 months made some investors millionaires and made some bankrupts. That bump was totally created temporarily.
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October 16, 2018, 11:17:49 AM
 #53

2017 was a victory for bitcoin, but by the end of December 2017, bitcoin was slowly falling with drastically, the value was $ 20K, and now it was $ 6K.

if the drastic decline occurs again at the end of December 2018, then I think that bitcoin will fall $ 500.

I want to know your prediction, do you have the same thoughts as me, or do you think that bitcoin will survive at $ 6K until the end of this year. what is the main reason you think like that?
The way bitcoin fall from $20000 in December and until now it could not stand up is a concern to us. I have been trading cryptocurrencies last year and I have invest in many of them that I am still holding and most of them are at the lost of over 80% . This is really such of concern to me because it might going to fall further in future but not to $500.
even bitcoin prices will not fall to the price of $ 5k in the future, I'm sure there are still many investors who will invest long term.
well I still wait to reach $ 20k again  Cheesy
One thing is that even if we do not get to see this price at $20k this year, at still some point we will get to see it and we will obviously be trading above it.

One thing a lot of people do not get to do is to at least try as much as possible to understand the part where they just have to focus on the future instead but because of not knowing that, they are usually scared to even buy the bottom and then at the end of the day, they just simply end up missing out eventually.

We may have experienced a huge decrease in the short term, but looking at the history from where we started from, we are still basically in an uptrend.

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