A long decay

[clover12]

I am not a knowledge investor but I will never sell unless I can make a profit from what I have put into bitcoin.

looking at the current chart for bitcoins entire lifespan, the price is at $3,377 and it looks to me like it's going back down to $500USD, or less...

since the beginning of 2018, overall, bitcoin has shown no sign of growth only down down down...

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[Blongen]

It is the matter of seconds to recover market. In addition to ETF approval, XRP regularization with bank would be helpful to recover XRP market, that would be helping whole crypto currency market. Everyone is waiting for the market to recover. May be next year would be the year of crypto currency.

XRP is shit and just being backed by bankers and I don't know why this had been listed out on the market.We do know the true essence of decentralization but well
those banksters do really have that power if they wanted too so I'm aint really surprised on whats happening.Just looking on its entire supply I don't see a reason for it
to be placed 2nd or 3rd on the overall.

When talking about recovery then its a guaranteed thing but the question is on when?

Pragmatically speaking XRP has the best use case and will most likely reach mass adoption before btc.

[Sadlife]

No one can actually predict the outcome if bitcoin will recover tomorrow some say it will take atleast 2 years to recover. But for me it's only gonna take a month January 1st will gonna be big for bitcoin how can i say this ? because ive joined tons of projects(ico) and their all goin to launch in first quarter of 2019. Also read some fundemental news big companies like fidelity, nasdaq and bakkt is also going to start in January.

[UmerIdrees]

I am not a knowledge investor but I will never sell unless I can make a profit from what I have put into bitcoin.

looking at the current chart for bitcoins entire lifespan, the price is at $3,377 and it looks to me like it's going back down to $500USD, or less...

since the beginning of 2018, overall, bitcoin has shown no sign of growth only down down down...

500$ for one bitcoin price ? No way. You got it all wrong. Bitcoin is down for this year but it is not dead and it will never reach 500$. We may see 3000$ the minimum price of bitcoin for this year. I am sure the support at 3000$ is too strong to break.

[jojowar]

Nobody knows when we will see again the growth of the market. It is almost a year when the market goes down. I hope before the year end there will be some good news to us as crypto hodlers.

[glowing10]

Nobody knows when we will see again the growth of the market. It is almost a year when the market goes down. I hope before the year end there will be some good news to us as crypto hodlers.

Patience is the key and when the rise will happen it will just bounce so quickly that blinking the eyes market will surpass all the 5-6k levels like this and move ahead . Though it is a longer duration this time before the bull run happened but this is how the volatility in the crypto currency happens.

[clover12]

Patience is the key and when the rise will happen it will just bounce so quickly that blinking the eyes market will surpass all the 5-6k levels like this and move ahead . Though it is a longer duration this time before the bull run happened but this is how the volatility in the crypto currency happens.

for some reason i doubt that Bitcoin will ever have a wildly fast and high rise like it did earlier this year when it went up to $20K.

that last bull run was super artificial and it must have been manipulated big time

Question, did it actually reach over $20,000? Wasnt it actually a little below that?  It was over $19K but not 20...

[mwaqar17]

I think we will not be able to see this in next month as well. As market is going through a turmoil and it needs correction at certain points. After the improvement of blockchain technology it will be back soon. People have invested somewhere else, like gold is going up now a days.

[goaldigger]

For now uts still bitcoin is still on $4000 mark and doesnt make any movement. Its now the end of January and still not getting any progress. Its just going through straight lines. I guess its still like this next month. Its better than continues downfall. Hope the market will go higher next month.

[sidkz]

Probably all the same for a long period the market will recover, because the fall was not fast either, and how long we will not stand at the bottom is not known, the main thing is that the fall is over

[clover12]

the main thing is that the fall is over

I am inexperienced reading charts but right now I am looking at the "All" Bitcoin price history at Coinbase.  It definitely looks like it has not recovered.  It looks like bitcoin will continue slumping down!

If you switch the price history to just the past 1 year, it looks slightly more promising, but looking at the All time history, things look like the price is still falling.

Yup.  It's just another day in the office .

[fibrolit]

Friends, how long the market will roll down the slope, will we see growth before next year?

Already now in the new year only a week remained until February 2. Why February 2nd? If any growth does not resume until February 2, it will be the longest period of decline in the history of Bitcoin.

[Kemarit]

My careful prediction is that the reversal of the trend will happen at the same time as ETF listing. Even though it goes against Crypto principles, this will definitely have positive influence on the price.

Sad to say though that Van/Eck Solid X just withdraw their proposal couple of days ago. (https://www.coindesk.com/cboe-withdraws-proposal-for-vaneck-solidx-bitcoin-etf)

Friends, how long the market will roll down the slope, will we see growth before next year?

Already now in the new year only a week remained until February 2. Why February 2nd? If any growth does not resume until February 2, it will be the longest period of decline in the history of Bitcoin.

Are you sure about that? You need to check around the 2013-2015 crypto winter. But it doesn't matter if this is the longest bearish trend we have ever seen. What matter is that Bitcoin is still here and if history has something to tell us, this bear market will eventually end and a new cycle begins. Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

[el kaka22]

it doesn't matter if this is the longest bearish trend we have ever seen. What matter is that Bitcoin is still here and if history has something to tell us, this bear market will eventually end and a new cycle begins. Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

No one could disagree that bitcoin is gaining popularity day by day and the adoption rate is good compared to what we had some 2 years back. By considering these, we cannot expect this bearish trend to persist for long. Prices may get double within the wink of our eyes. New cycle may start at any time. Unfortunately, the downfall in last year happened just followed what we had in 2014 but I believe that must be a coincident and we may not have all the things to be repeated. I always believe into exponential growth of bitcoin prices and it happened like $1200 in 2013 and $19,400 in 2017.

Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

Yes, history may repeat but it does not need to be an exact one. Bitcoin rises and falls because people do trade it. But, in long run it keep rising alone and we must look for making use of this alone. This must be a good time to accumulate as much as bitcoins we are able to buy and hold with a plan of long term holding.

[NavI_027]

Friends, how long the market will roll down the slope, will we see growth before next year?

Already now in the new year only a week remained until February 2. Why February 2nd? If any growth does not resume until February 2, it will be the longest period of decline in the history of Bitcoin.

Really? That's a cool yet terrible fact. Can I see your basis?
Actually, I'm full of hopes and dreams as the new year starts but now I'm doubting again that this is gonna be our year after looking everyday in the market trend and don't see any  significant improvement. I now have a strong feeling that January is not the month for bitcoin, let's hope that February and the upcoming months will be good to us.

[Best Dreams]

it doesn't matter if this is the longest bearish trend we have ever seen. What matter is that Bitcoin is still here and if history has something to tell us, this bear market will eventually end and a new cycle begins. Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

No one could disagree that bitcoin is gaining popularity day by day and the adoption rate is good compared to what we had some 2 years back. By considering these, we cannot expect this bearish trend to persist for long. Prices may get double within the wink of our eyes. New cycle may start at any time. Unfortunately, the downfall in last year happened just followed what we had in 2014 but I believe that must be a coincident and we may not have all the things to be repeated. I always believe into exponential growth of bitcoin prices and it happened like $1200 in 2013 and $19,400 in 2017.

Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

Yes, history may repeat but it does not need to be an exact one. Bitcoin rises and falls because people do trade it. But, in long run it keep rising alone and we must look for making use of this alone. This must be a good time to accumulate as much as bitcoins we are able to buy and hold with a plan of long term holding.

Rise and fall is so natural that we should not get frustrated with it, just keep calm and holing is best thing to do this decay because this time growth is gonna be outstanding we need to focus on upcoming price never say this is permanent as we know since early timing bitcoin has been changing the price which is worth profit for giving us many chances to buy cheap and sell high.

[Kemarit]

it doesn't matter if this is the longest bearish trend we have ever seen. What matter is that Bitcoin is still here and if history has something to tell us, this bear market will eventually end and a new cycle begins. Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

No one could disagree that bitcoin is gaining popularity day by day and the adoption rate is good compared to what we had some 2 years back. By considering these, we cannot expect this bearish trend to persist for long. Prices may get double within the wink of our eyes. New cycle may start at any time. Unfortunately, the downfall in last year happened just followed what we had in 2014 but I believe that must be a coincident and we may not have all the things to be repeated. I always believe into exponential growth of bitcoin prices and it happened like $1200 in 2013 and $19,400 in 2017.

Don't be bothered or annoyed by those statistics, you just have to look into the future and make a good plan.

Yes, history may repeat but it does not need to be an exact one. Bitcoin rises and falls because people do trade it. But, in long run it keep rising alone and we must look for making use of this alone. This must be a good time to accumulate as much as bitcoins we are able to buy and hold with a plan of long term holding.

Agree, if there's something we have to learned from the past bearish market is that its the best time to accumulate as many as you can, let is sit in your wallet for a long time and wait till the bulls take over the market again and then delay your decisions to sell until such period when it reaches its peak or close to the top and book your profits. This has been the proven formula of early bagholders, and its very effective method.

[REYVAN]

very difficult to predict, too many factors, but if I think this will last a long time, at least up to bitcoin halving, this means the period after 2020. I hope not so long, I have lost too much, this is because I have to part of the value assets that I have for my life needs, while the price of assets that I disburse the price is far below, and the remaining assets also experience a very drastic decline in value.

[MidKnight]

very difficult to predict, too many factors, but if I think this will last a long time, at least up to bitcoin halving, this means the period after 2020. I hope not so long, I have lost too much, this is because I have to part of the value assets that I have for my life needs, while the price of assets that I disburse the price is far below, and the remaining assets also experience a very drastic decline in value.

That happened with a lot of traders in this moment. It eats a lot of time but nothing is happening. You guys should have learned the lesson that it's better to be an investor at all than a trader. I also don't believe that the halving will do anything good because we need real users.

[chulos]

Even though November and December 2018 were particularly volatile, 2019 may get the attributes stable. It is very unlikely that we would see the same bloody year of 2019 as it was 2018.
The first two quarters of this year should therefore still be a sign of a slight decline. However, this does not mean that the cryptos this year did not succeed.
I will be happy if the price of Bitcoins has stabilized and there would be growth in other cryptos.