therwtonn
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October 11, 2018, 11:59:23 AM |
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We have reached a stable stage where supply and demand stabilize at a given price of $ 6,500. The highest rate will be at $ 7,500 and a low cost at $ 5500. I do not expect this approach to change so we may maintain this price for several months. After significant changes such as the lightning network, regulations, mutual acceptance of these currencies, prices will change significantly. Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year.
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Domicbora
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October 14, 2018, 07:45:14 AM |
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We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
Quick growth is not guaranteed like the previous one. We have quick growth experience already, therefore I think that slow and steady growth is good and will last forever. When the price increases with the passage of time and according to the market cap it will never dump in the future, but if there is unnatural growth it will definitely collapsed suddenly. From that bump it is clear that quick growth Is not good for bitcoin. We need slow and steady growth with consistency and which never drop again. If the price grows continuously the investors will rise in number and everyone will be confident and relaxed while putting his money in bitcoin. But with regular corrections nobody will take risk in bitcoin investment.
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atayating
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October 14, 2018, 10:14:16 AM |
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This year's market is really very bad, because every time the rate of decline is very fast, and the decline is very large, which will make many investors feel fear!
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DeadCoin
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October 14, 2018, 03:55:37 PM Last edit: October 15, 2018, 03:59:08 AM by DeadCoin |
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I would go for slow and steady growth. This would last for a long time but expecting a quicker growth on a short term, may end up in either loss or a closure, but at times such strategy works fine. It happens rarely. Those who stood in the market now, had a slow and steady growth at one point.
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dogeyakah
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October 14, 2018, 04:34:28 PM |
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Yes but what this is mean?
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zhekinsp
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October 14, 2018, 05:41:47 PM |
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Quick growth followed by the price correction then the recovery phase of the prices is the best kind of growth keep maintain their prices for last until so if there is too much of price increase in very short period then the chance of price fall is high followed by.
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HarmonyA
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October 14, 2018, 10:36:28 PM Last edit: October 14, 2018, 11:28:02 PM by HarmonyA |
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Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.
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Kemarit
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October 15, 2018, 03:27:19 AM |
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~ snip ~
Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year. I doubt that miners will simply stop just because the price is below their profitability. Where do you think those miners go? Go mine altcoins or Bitcoin Cash (BCH)? I don't think so. They can still make a lot of profits from mining bitcoin simply because they can just hold and wait for the next bull run. We might not see a break out this year, but definitely a reversal will eventually happen and there will be more demand in the future.
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PaulLines
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October 15, 2018, 11:35:41 AM |
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We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year. Slow and steady wins the race; it is perfect here in this market. We have already seen the consequences of abrupt growth which ended in collapsed and downed thousands of investors. I think that slow and steady growth is long lasting and the investors will be happy with slow growth especially bitcoin traders. When the price moves up every day, they can also make good profit every day.
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onrise
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October 15, 2018, 01:24:53 PM |
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Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.
Quick growth is good for the short term investors or who want some quick money during that time and they move away from the market. But for those who want continuous rise for the along term will never prefer a short term growth as they want to invest their money for the long growth which yield them good returns year on year.
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St4yInTh3D4rk
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October 15, 2018, 05:07:12 PM |
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~ snip ~
Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year. I doubt that miners will simply stop just because the price is below their profitability. Where do you think those miners go? Go mine altcoins or Bitcoin Cash (BCH)? I don't think so. They can still make a lot of profits from mining bitcoin simply because they can just hold and wait for the next bull run. We might not see a break out this year, but definitely a reversal will eventually happen and there will be more demand in the future. If some of the miners stop mining means then the remaining miners will continue to work because now they have more chance of making money since they have low competition level there.So definitely miners won't fade away unless the prices fell too much which is not worth to sell.
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portalufonet
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October 15, 2018, 09:24:25 PM |
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Lasting of cryptocurrency growth is dependent on the usage and the team behind it. Some quick growth might be sustained for a long period if the team are professionally grounded to sustain the growth not to drop to an unacceptable point.
Quick growth is good for the short term investors or who want some quick money during that time and they move away from the market. But for those who want continuous rise for the along term will never prefer a short term growth as they want to invest their money for the long growth which yield them good returns year on year. Long-term growth is the dream of many financial investors because it can bring huge profits to them in the long run but in the moment I think the cryptocurrency market needs a lot of time to be able to play Follow the new trend. There is a lot of turmoil in the market today and that is really worrying investors.
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likerseld
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October 16, 2018, 07:57:03 AM |
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We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year. In my opinion slow and steady growth last for long, because we all know that slow and steady wins the race. Quick growth always drops again and not good overall for crypto market. The price of bitcoin will grow steadily with the passage of time. The investment capital will increase day by day and so will the price, no matter how much time it will take.
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perfect999
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October 16, 2018, 10:33:05 AM |
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We have reached a stable stage where supply and demand stabilize at a given price of $ 6,500. The highest rate will be at $ 7,500 and a low cost at $ 5500. I do not expect this approach to change so we may maintain this price for several months. After significant changes such as the lightning network, regulations, mutual acceptance of these currencies, prices will change significantly. Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year. Miners know the best chance for them is to be patient at the moment and a whole lot of miners that have been in the market in the past have always known this actually. At this point, no one even knows if the market has bottomed out enough eventually or if we are still going to see more lows in the long run, but for what we have seen so far, it is imperative that we end up having a good and steady growth that is driven by real demand. Growth driven by FOMOs and speculations are never sustainable. There may not be a big activity in the market at the moment, but it does not mean we won't get to see the big activity eventually.
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BitcoinMyBlood
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October 17, 2018, 09:22:14 AM |
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We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
Quick growth will last, in this I don't mean that price will rise 10x and keep the same, no. Bitcoin was stable 600-1000 usd for some months after fork. Then it begin to rise, at first 1000 usd was like an anniversary day, from 1000 we soon move on 2000, this continue on and on, as you see finally we got 20K, this growth was quick from the begining, nothing to mention about how quickly it grow by 4K in one week. Btw from this story, bitcoin felt but it's stable 6000K. I think there will be some skyrocket shit after the next fork, we will get absolutely more than 25K by the end of 2020 year. Quick growth assumed to be produced temporarily and will be back to its original price according to investment cap, and we know that people have lost big money when the price collapsed from $20000 to $6000. $14000 is a very huge amount and a person can do many things with this money. I am not in favor of quick growth in bitcoin or Altcoin prices.
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Whosdaddy
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October 17, 2018, 10:04:13 AM |
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We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year. In my opinion slow and steady growth last for long, because we all know that slow and steady wins the race. Quick growth always drops again and not good overall for crypto market. The price of bitcoin will grow steadily with the passage of time. The investment capital will increase day by day and so will the price, no matter how much time it will take. Yeah, there is always that thing with slow and steady when it comes to gradual adoption and not getting to see some quick spikes downward and that would even make it a better store of value as well as get to see some pretty good level of usage as well rather than some people just trying to want to get greedy as the case may be and that is certainly one thing that I believe will never be sustainable as long as it is a spike caused by FOMO and greed. I guess we have all seen the outcome anyway for a while now, and it's something I believe is obvious enough for everyone to know and see.
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Grimjule
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October 17, 2018, 11:17:25 AM |
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If you're looking at a bit like an investment object , then surely everyone would like to that the rise will be steady and slowly. In this way, this market would be able to go up and down without any fear to increase their savings.
One thing with a huge spike in growth and most especially those that happen as a result of manipulations and greed, they can never be sustainable. It is a normal occurrence in any market and the market will always have to pass through stages, and trying to jump start it into becoming what it should not in a short term, the chances of seeing it retrace will always be there. It is just like in normal life, you can force a child to grow quickly as there would always be a lot of things to learn along the line and if you take a child that is meant to be in basic school to a high school, his brain will not be able to sustain what is being taught. Just put that child in the case of bitcoin here. So far, I can even say it is apparent that the market is always sustainable when there is a steady growth. Yeah I also agree with you, everything with high speed will finish with the same speed. If it is fast its end will come fast and if is slow its end will come slowly. To observe this formula I can say that for long lasting bitcoin slow growth is much favorable. When the price increases gradually with the investment cap it will never drop and we will see a better future.
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olubams
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October 17, 2018, 11:29:41 AM |
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I would say all of the growth are equally essential depending on the timing. While a slow growth could be the most preferred, it does not make it the most palatable for example in this era of slow growth and backtracking being witnessed in the past couple of week, a surge in price won't do any bad rather it will reinvigorate the dying interest that people have in crypto market at this time in which if build upon, could thereafter be a slow and gradual growth.
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CelebratingBTC
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October 17, 2018, 11:51:18 AM |
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If you're looking at a bit like an investment object , then surely everyone would like to that the rise will be steady and slowly. In this way, this market would be able to go up and down without any fear to increase their savings.
One thing with a huge spike in growth and most especially those that happen as a result of manipulations and greed, they can never be sustainable. It is a normal occurrence in any market and the market will always have to pass through stages, and trying to jump start it into becoming what it should not in a short term, the chances of seeing it retrace will always be there. It is just like in normal life, you can force a child to grow quickly as there would always be a lot of things to learn along the line and if you take a child that is meant to be in basic school to a high school, his brain will not be able to sustain what is being taught. Just put that child in the case of bitcoin here. So far, I can even say it is apparent that the market is always sustainable when there is a steady growth. Nobody will consider quick growth as permanent because quick growth is always for short time and may be temporarily created. Slow and steady growth is always natural and according to the market cap. When the price increases with the market cap it will never drop in the future, but without investment the growth in the price is like the bump in the previous year. This thing is understandable.
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ginellis
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October 17, 2018, 12:17:32 PM |
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~ snip ~
Yeah, you are right supply is also low because of the low mining. Miners are not making good profit because there is no big demand for bitcoin. If the price drop little bit more, miners will stop mining because it is better to stop than deficits. Price is almost stable and there is no big activity in the market. I guess that this situation will last till the end of the year. I doubt that miners will simply stop just because the price is below their profitability. Where do you think those miners go? Go mine altcoins or Bitcoin Cash (BCH)? I don't think so. They can still make a lot of profits from mining bitcoin simply because they can just hold and wait for the next bull run. We might not see a break out this year, but definitely a reversal will eventually happen and there will be more demand in the future. These miners can invest their money in some good coins other than bitcoin or they can start mining Altcoin. There are many options for them. The problem is that everyone in this world is for making money and when you spend your own money and the result is zero and no profit, will you continue it? If yes then you are the foolish person in this world.
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