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Author Topic: Bitcoin growth every year  (Read 762 times)
hadveach (OP)
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November 02, 2018, 04:00:15 PM
 #1

globally, that bitcoin was created and designed to always create a bullish, but in fact, this year bitcoin has decreased drastically from the previous year.

Don't panic with today's conditions, I will share a few bitcoin price growth simples below:
1. 2009: $ 0,0001
2. 2010: $ 0.07
3. 2011: $ 4.5
4. 2012: $ 14
5. 2013: $ 780
6. 2014: $ 320
7. 2015: $ 410
8. 2016: $ 940
10. 2017: $ 20000
11. 2018 : BAD
12. 2019 : BAD
13. 2020 : GO TO THE MOON !
Note: follow the USD price today.
I see every year bitcoin experiences good growth, but in 2014 and 2015 bitcoin down.
2017 is the peak of bitcoin, and in my opinion, 2 years (2018 and 2019) will be a bad year for bitcoin, then in 2020 bitcoin will create bullish again. I think this is the reason some people say that 2020 will be a good year for bitcoins.
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November 02, 2018, 04:19:38 PM
 #2

Where did you learn that 2019 will have a "bad year for bitcoin"? and where did you learn that bitcoin will be bullish in 2020? Through your crystal ball?

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November 02, 2018, 04:21:04 PM
Last edit: November 03, 2018, 12:25:20 PM by DooMAD
 #3

"Past performance is no guarantee of future results"

It's okay as theories go, but there's no way of accurately predicting what's going to happen.  2019 might be another fairly stable year or we could see some extremely volatile movements.  It's anyone's guess.

Also, price topics generally go in the Speculation board.  Cheers to whoever moved it.

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November 02, 2018, 04:26:57 PM
 #4

for prices in 2018-2019, the increase may not be as significant as 2017, but we can continue to be optimistic and trust if bitcoin will continue to be in the best position. and will grow. this is just a matter of price not a matter of bitcoin conditions, so keep calm and stay in bitcoin.

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November 02, 2018, 04:30:14 PM
 #5

I see every year bitcoin experiences good growth, but in 2014 and 2015 bitcoin down.
2017 is the peak of bitcoin, and in my opinion, 2 years (2018 and 2019) will be a bad year for bitcoin, then in 2020 bitcoin will create bullish again. I think this is the reason some people say that 2020 will be a good year for bitcoins.

Am pretty sure one of the factors for the poor performance of BTC in 2014 to 2015 could have been the Mt. GOX Hack as it was the largest exchange at the time. So basing on the 2014 to 2015 deep to say the 2018 and 2019 will be bad years is quite not accurate
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November 02, 2018, 04:35:49 PM
 #6

globally, that bitcoin was created and designed to always create a bullish, but in fact, this year bitcoin has decreased drastically from the previous year.

Don't panic with today's conditions, I will share a few bitcoin price growth simples below:
1. 2009: $ 0,0001
2. 2010: $ 0.07
3. 2011: $ 4.5
4. 2012: $ 14
5. 2013: $ 780
6. 2014: $ 320
7. 2015: $ 410
8. 2016: $ 940
10. 2017: $ 20000
11. 2018 : BAD
12. 2019 : BAD
13. 2020 : GO TO THE MOON !
Note: follow the USD price today.
I see every year bitcoin experiences good growth, but in 2014 and 2015 bitcoin down.
2017 is the peak of bitcoin, and in my opinion, 2 years (2018 and 2019) will be a bad year for bitcoin, then in 2020 bitcoin will create bullish again. I think this is the reason some people say that 2020 will be a good year for bitcoins.
Yes, I am fascinated by the increase in Bitcoin investment every year, and you have the right to make your own predictions. but no one knows for sure what will happen in the future with the price of Bitcoin, because the price of Bitcoin follows market demand, if Bitcoin can give trust to all investors on this earth, your predictions will be correct.
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November 02, 2018, 04:36:25 PM
 #7

for prices in 2018-2019, the increase may not be as significant as 2017, but we can continue to be optimistic and trust if bitcoin will continue to be in the best position. and will grow. this is just a matter of price not a matter of bitcoin conditions, so keep calm and stay in bitcoin.
yes, your word is that the price of bitcoin goes up and down every year and I think this is a very fair trade problem when we face a problem we have to find a solution
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November 02, 2018, 04:37:58 PM
 #8

for prices in 2018-2019, the increase may not be as significant as 2017, but we can continue to be optimistic and trust if bitcoin will continue to be in the best position. and will grow. this is just a matter of price not a matter of bitcoin conditions, so keep calm and stay in bitcoin.
in my opinion, your word is correct, but I only differ opinions with you, because only 2017-2018 which falls and 2019 in my opinion will rise again like in 2013
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November 02, 2018, 04:38:04 PM
 #9

As long as bitcoin price stays above 6000usd till the end of the year, then this year definitely hasn't been a bad year
It's not as if the price was at 20000usd for a long part of 2017,it was just for quite a while

And at this current price,its actually one of the highest since the inception of the bitcoin

Your predictions after 2018 are baseless and should not be taken seriously
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November 02, 2018, 04:44:51 PM
 #10

If we are talking about the price of a bitcoin, then I can’t understand what's wrong with the fact that he sank only 3 times? If we look at other cryptocurrencies, then they feel much worse. Ethereum, for example, sank by almost 8 times. I believe that the end of 2018 will be the beginning of a new bull market.

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November 02, 2018, 05:01:35 PM
 #11

I'm much more fascinated with the yearly recorded lows of bitcoin rather than yearly highs because it doesn't make much sense. The highs of every year aren't really that significant compared to the lows since the former is just a short-lived price point compared to the latter. The base point of every run would always be the lows, and as we see, the lows of every year is steadily ascending since 2009, and it's a more inviting picture compared to the crooked graph all the yearly highs paint.

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November 02, 2018, 05:31:56 PM
 #12

globally, that bitcoin was created and designed to always create a bullish, but in fact, this year bitcoin has decreased drastically from the previous year.

Don't panic with today's conditions, I will share a few bitcoin price growth simples below:
1. 2009: $ 0,0001
2. 2010: $ 0.07
3. 2011: $ 4.5
4. 2012: $ 14
5. 2013: $ 780
6. 2014: $ 320
7. 2015: $ 410
8. 2016: $ 940
10. 2017: $ 20000
11. 2018 : BAD
12. 2019 : BAD
13. 2020 : GO TO THE MOON !
Note: follow the USD price today.
I see every year bitcoin experiences good growth, but in 2014 and 2015 bitcoin down.
2017 is the peak of bitcoin, and in my opinion, 2 years (2018 and 2019) will be a bad year for bitcoin, then in 2020 bitcoin will create bullish again. I think this is the reason some people say that 2020 will be a good year for bitcoins.
Even though there is no need for that history to repeat it can help the new investors to understand about the bitcoin the they might ready to hold than keep panicking whenever the price kept falling.I too believe the bull run will make the price to go next level so investors need to hold the coins now.

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November 02, 2018, 05:43:21 PM
 #13

where do you get info like this in 2019 will be bad for bitcoin? this only makes people panic do you know the future?

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November 02, 2018, 05:52:55 PM
 #14

I hope that you realize that you're trying to create a future pattern from the previous one. It's like predicting someone's future career after reading his resume.
This never works. An undefeated boxer is undefeated until he finally loses the fight.

where do you get info like this in 2019 will be bad for bitcoin? this only makes people panic do you know the future?

Tooth fairy told him.
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November 02, 2018, 05:54:42 PM
 #15

2017 was a remarkable year for bitcoin. Never will it get to the peak. That does not mean your prediction may not be right. From the trend, you should expect that cryptos will have a bullish run in 2019 going to 2020. It is not a crystal ball, but experience shows that. However, I am not expecting the extraordinary.


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proTECH77
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Bisq Market Day - March 20th 2023


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November 02, 2018, 06:19:31 PM
 #16

globally, that bitcoin was created and designed to always create a bullish, but in fact, this year bitcoin has decreased drastically from the previous year.

Don't panic with today's conditions, I will share a few bitcoin price growth simples below:
1. 2009: $ 0,0001
2. 2010: $ 0.07
3. 2011: $ 4.5
4. 2012: $ 14
5. 2013: $ 780
6. 2014: $ 320
7. 2015: $ 410
8. 2016: $ 940
10. 2017: $ 20000
11. 2018 : BAD
12. 2019 : BAD
13. 2020 : GO TO THE MOON !
Note: follow the USD price today.
I see every year bitcoin experiences good growth, but in 2014 and 2015 bitcoin down.
2017 is the peak of bitcoin, and in my opinion, 2 years (2018 and 2019) will be a bad year for bitcoin, then in 2020 bitcoin will create bullish again. I think this is the reason some people say that 2020 will be a good year for bitcoins.
Considering your analysis from 2009 to 2017 can it can be deduce that, in every five years there will always be a consecutive rise in the price of Bitcoin while the sixth year the price will then go down to gather a momentum for another five years in range. Unfortunately, this theory didn't work for 2018 which was the fifth year from 2014 were the price was low. 2018 will be an exchange of 2019 bull run, this is were OP got it wrong from his/her theory.

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sidebyside
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November 02, 2018, 06:35:48 PM
 #17

These are just the theories that you think of. How can you predict bitcoin prices in 2019 is a bad year. Although bitcoin prices in 2018 are not good but this year is not over yet. So it's best to stay calm and keep investing in it, do not speculate too much about the future of bitcoin. This only adds to your panic.

tikaka
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November 02, 2018, 06:53:37 PM
 #18

We should be optimistic about bitcoin prices. The value of bitcoin depends on many factors and we do not know when the whale will start functioning again. I believe that when  whale returns, a large amount of capital is injected into the bitcoin, which will be profitable for investors. This year is a bad year for bitcoin, but bitcoin is stable at $ 6000, so next year's value will increase, so you should buy early to make a profit.

1Referee
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November 02, 2018, 07:07:15 PM
 #19

OP is quite funny.

What the mass considers to be a bad year for Bitcoin is usually the best possible year for smart money to dollar cost average into the market. People have no clue about what's going on in the OTC market where massive accumulation is taking place, they only focus on the spot market and think it's doing bad because nothing is happening over there.

By the time the mass finally acknowledges that the price has gone to the moon, it's time to sell again. It ain't easy chasing the wrong signals. Cheesy
greeklogos
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November 02, 2018, 07:27:43 PM
 #20

If 2014 and 2015 was not so successful for bitcoin why you didn't mark it as "BAD"?
Well, yes, 20000 $ last year was a new price's record, but you simply cannot call Current 6000-7000 $ price as bad one, if to compare with all of previous years besides 2017 year it also may be seemed as achievement.
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