What happen to bitcoin in this coming year end of 2018?

[jademaxsuy]

I have visited again the bitcoin chart and thought of many times what could be the graph will do to make any conclusions on what will going to happen on bitcoin this year. Take a look on the Image of chart below taken from https://coinmarketcap.com/currencies/bitcoin/#charts.




It seems like the graph stating that the bitcoin market price will turn back down. The chart has also implied that bitcoin has already reached its fame and it will just become a one hit wonder. Again, this because of the negative happening that news, FUD's that always keeping bitcoin agitated and struggling. If only people will tend to understand what is the purpose of bitcoin and why it was been created then probably things like this will not going to happen. As we all know that bitcoin has showed some benefits that a certain organization could integrate the system to make an easier, transparent through blockchain, p2p exchange, and no third party involve that could brought up huge transaction fees depending on the agreement.

However, the bitcoin system is still developing. This maybe struggle or challenge for the bitcoin system. In this year 2018 will be one of the basis for the possible outcome of bitcoin. What do you think of this system? Will Bitcoin achieve another milestone of achievement this year or will not? What could really happen to bitcoin before 2018 year end?

[smartbitcoininvestor]

Bitcoin will likely be used by more people. During Thanksgiving and Christmas, I'm sure there will be more chatter and talk about developments in the world of cryptocurrency. I'm predicting a surge at some point. The price seems too stable to be where its at for the long haul.

[manfredmann]

Bitcoin will likely be used by more people. During Thanksgiving and Christmas, I'm sure there will be more chatter and talk about developments in the world of cryptocurrency. I'm predicting a surge at some point. The price seems too stable to be where its at for the long haul.

But, Is it enough to move the bitcoin market price? Or will it create more market price downfall as bitcoin will be used as thanksgiving in Christmas time. I have doubts already about this and it seems bitcoin will just like a one hit wonder as OP stated above and will be part of an history to introduce another innovations which is more upgraded.

[coin8coin8]

I bet that nothing will happen at the end of this year. Many people always like to use past experience to predict the future, but I have to say that this is a very stupid practice, what happened in the past does not mean the future must happen.
Because of this, investment are aways risky, otherwise everyone can get a stable return based on past experience, is this possible?
This year is not the same as last year，everything is different from last year. You can only depending on current data to make predictions not past data.

[pooya87]

It seems like the graph stating that the bitcoin market price will turn back down. The chart has also implied that bitcoin has already reached its fame and it will just become a one hit wonder.

you just posted a screenshot of coinmarketcap.com and then concluded that price is going down?!!
well, good luck trading in this market if that is the way you speculate it. i can see a lot of big losses in your future if you keep this up.

[SUDARMONO]

Bitcoin prices are currently experiencing a lot of decline since the beginning of 2018, but I will still strongly believe that at the end of this year it will be able to reach a very good peak price, and I really like investing in bitcoin or crypto compared to gold.

[anafiene]

Seeing a less friendly situation and it seems that the value of bitcoin is declining today makes the holder may be a little worried, but this has become commonplace, just a month away hoping that in December bitcoin will have a good price and will improve in the coming year.

[jademaxsuy]

Seeing a less friendly situation and it seems that the value of bitcoin is declining today makes the holder may be a little worried, but this has become commonplace, just a month away hoping that in December bitcoin will have a good price and will improve in the coming year.

Well the speculation starts at October for bull run to happen. And then October had passed but no sign of bull run except there were few market price pumps for some altcoins in the market. Then the thought came next that the bull run will be possibly this coming November. So, we are now in the month of November and the market price still low and no signs of bull run. I know it is not about the speculation that move bitcoin market price instead it is the demand of the its investors or contributors that consider bitcoin as an asset, investment or etc. Now seeing the market price bull run will be possible this coming December? Well one should not expect it to happen. We have predicted it in October and it prove we are wrong. We have predicted also that it could in the month of November and seeing market price for bitcoin probably it will still fail. So, this coming December, bitcoin market price bull run will never going to happen.

you just posted a screenshot of coinmarketcap.com and then concluded that price is going down?!!
well, good luck trading in this market if that is the way you speculate it. i can see a lot of big losses in your future if you keep this up.

Yes, of course the graph has being posted because it has something that could be used as reference. If the graph is credible then we should ask for coinmarketcap.com to remove that graph. As you can see the graph has relevance to market price movement. We may not be an expert when it comes to speculation but mind you that even the experts had failed on their speculations even with their expertise in finding good basis for their claim. You should know that trading is not all about how you speculate it is also about how patient you are and you know the basic. Buying bitcoin when market price is low and selling it when market price increases. And I am only taking fragments not all bitcoin should be traded at the same time.

[pooya87]

you just posted a screenshot of coinmarketcap.com and then concluded that price is going down?!!
well, good luck trading in this market if that is the way you speculate it. i can see a lot of big losses in your future if you keep this up.

Yes, of course the graph has being posted because it has something that could be used as reference. If the graph is credible then we should ask for coinmarketcap.com to remove that graph. As you can see the graph has relevance to market price movement.

i am not arguing about credibility of the chart you posted but pointing out that what you posted is raw data and without proper analysis on that raw data, it is worthless.
i tell you what, do you see the scrollbar at the bottom of the picture you posted? take the right handle and pull it to the left until you get past 2016. now you are seeing the same chart again and you can say the same thing you said here about that time too and it will be just as wrong. the chart isn't complete (it lacks about 4 years of data) otherwise i would have told you to continue going back and seeing the same thing over and over again. the funny part is that each time this pattern repeats someone comes along and calls bitcoin "one hit wonder" like you and expects the drop to continue!

[bosian]

Looks like bitcoin price will be stable to decline this rest of the year. There's no catalyst for it to go up yet.

[Eirecoin]

Yes it has been a rough year for bitcoin there are like 10 new cryptocurrencies every month and the people prefer to take their chances with those new or with cheaper tokens. But at the end bitcoin is still the first and the king of cryptocurrencies. I think that in the next few months it will at least rise up about 10% so we should not be sad nor panic or anything let’s  chill have a cold  beer  and wait

[Kemarit]

I guess by now you already understand why we say that "past performance is not a good indication of future success". Not even the charts of 2017 could have predicted that the price starting from ~1000K would ballooned to almost $20,000 at the end of the year. As to what going to happen at the end of 2018? No one knows for certain, but the latest sideways trend might be a sign that we won't see any major movement, unless the Bakkt bitcoin offering would be one catalyst that we all have been waiting for to get away with this bearish sentiments.

[BitcoinPanther]

Looks like bitcoin price will be stable to decline this rest of the year. There's no catalyst for it to go up yet.

I think there is one catalyst at least.

If I am not mistaken, BAKKT is just around the corner, I read it will be launched on Dec. 12 and that alone may at least push Bitcoin into more adoption.  Adoption.. we know what this mean, more audience and more demand that may probably start the increase of Bitcoin market.  There are lots of positive views about this event and many speculate that it will start a new bull run for Bitcoin.

here is the link of the article regarding BAKKT scheduled launch : https://ethereumworldnews.com/ice-bakkt-bitcoin-btc-futures-to-launch-on-december-12/

[PsylockReborn]

No one can really tell what will happen in the future but I think by the end of the year bitcoin will perform well and its value will surely increase. Many people will try to purchase bitcoin for next year is a different chapter to bitcoin. We are nearing the next bitcoin halving and we should take advantage right now while the price of BTC is low.
Goodluck everyone and happy hodling!

[Callanta787]

Bitcoin price seem very stable to me for now so I'm still expecting some surge in price if not this December then it must be very earlier of coming year 2019,its still very hard to predict if we will see any improvement from ETF or Bakkt

[BuyBuyBitcoin]

More than a few technical analysts have been saying that the bottom hasn't been found this year yet.

Waiting for that bottom call to come in and buy more obv.

If it's a year wait, who cares, cheap gold is still gold.

[BIPBot]

The price of bitcoins is stabilizing. This means that the governments of the world might see bitcoin more closer to a legit global currency.

Why?

Because the government initially did not prefer bitcoins as they were highly volatile and if there are any crimes that take place like money laundering it would be very difficult for the government to trace them. Although both the problems are not solved one of them does seem to be. If the price stabilizes it is likely to attract more people to use them. So I guess that the verdict in December by the SEC will legitimize bitcoin at least in the US in case they rule in favor of cryptocurrencies.

[nicster551]

I have visited again the bitcoin chart and thought of many times what could be the graph will do to make any conclusions on what will going to happen on bitcoin this year. Take a look on the Image of chart below taken from https://coinmarketcap.com/currencies/bitcoin/#charts.




It seems like the graph stating that the bitcoin market price will turn back down. The chart has also implied that bitcoin has already reached its fame and it will just become a one hit wonder. Again, this because of the negative happening that news, FUD's that always keeping bitcoin agitated and struggling. If only people will tend to understand what is the purpose of bitcoin and why it was been created then probably things like this will not going to happen. As we all know that bitcoin has showed some benefits that a certain organization could integrate the system to make an easier, transparent through blockchain, p2p exchange, and no third party involve that could brought up huge transaction fees depending on the agreement.

However, the bitcoin system is still developing. This maybe struggle or challenge for the bitcoin system. In this year 2018 will be one of the basis for the possible outcome of bitcoin. What do you think of this system? Will Bitcoin achieve another milestone of achievement this year or will not? What could really happen to bitcoin before 2018 year end?

No one knows yet, but I bet that it will soon go on to the moon and everyone will start to buy it again and people will FOMO for it and join the ride.

[BuyBuyBitcoin]

Because the government initially did not prefer bitcoins as they were highly volatile and if there are any crimes that take place like money laundering it would be very difficult for the government to trace them. Although both the problems are not solved one of them does seem to be. If the price stabilizes it is likely to attract more people to use them. So I guess that the verdict in December by the SEC will legitimize bitcoin at least in the US in case they rule in favor of cryptocurrencies.

LOL it won't be stable for 20 years. If it's the internet of money, there is a lot of growth and wealth to be stored in this technology.

Even the SEC allowing hedge funds into bitcoin, that just means the holders with billions of dollars can make the volatility continue forever if they really want.

The graph will still go up over the long term.

[albert11]

Maybe the bitcoin price is still stable until the end of the year. And again it will rise next year. So the best we can do now is to take advantage of the cheap bitcoin price. Because of the huge profit we can receive when its price increases.