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Author Topic: Where Bitcoin will skyrocket this time?  (Read 839 times)
JeBro (OP)
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December 11, 2018, 02:59:33 PM
 #1

Guys, this infographic shows that there were a lot of falls in the history of Bitcoin, replaced by growth. What do you think where Bitcoin will skyrocket this time?


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December 11, 2018, 03:02:24 PM
 #2

Ill just get out my crystal ball for you. I am seeing... A volatile situation. People are volatile, crypto is volatile. I am then seeing black. I cannot see further.

Invest wisely!
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December 11, 2018, 03:08:54 PM
 #3

If bitcoin was to skyrocket again, no one knows what percentage increase we would have. Not to mention bitcoin isn't guaranteed to skyrocket in the first place. Not because it happened in the past, while definitely not impossible, it doesn't automatically mean that it will happen again. Who knows? We might have a very slow increase for a decade this time, or even a decade of price stagnation?

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Twentyonepaylots
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December 11, 2018, 03:11:40 PM
 #4

Guys, this infographic shows that there were a lot of falls in the history of Bitcoin, replaced by growth. What do you think where Bitcoin will skyrocket this time?



Nice presentation on the market history of Bitcoin price on the market. No one can predict on what to become of Bitcoin yet we can only speculate that it is most likely to remain in the crypto market. a lot of investors are coming back after the huge drops ftom the previous week of down trend or the Crazy drops as posted in the market. The future of Bitcoin dependent on the consumers investment for Bitcoin either on short term or a long term. the crypto market with Bitcoin on it will be here and once it is adopted globally into main stream market by the government and the financial community, then the digital currency transaction will be a future market...
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December 11, 2018, 03:33:10 PM
 #5

It's time we understand the reality of the market and the network. Bitcoin is not a commodity which bubbles up every now and then and corrects soon afterwards.
As an investor grow on your knowledge of bitcoin and it's practical uses.
Promote it in your local community.
Prepare for the digital age that bitcoin heralds.
There is no certainty, and no one can say when the price would skyrocket
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December 11, 2018, 03:50:10 PM
 #6

No one can truly know. Without breakthroughs in adoption it's hard to see bitcoin pushing towards 100k or higher. Alternatively if there are major breakthroughs with adoption then we could see bitcoin easily moving to 6 digits.

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December 11, 2018, 05:34:44 PM
 #7

Thanks for sharing. But no one will really know. We can't predict but we can HODL
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December 11, 2018, 06:02:26 PM
 #8

Guys, this infographic shows that there were a lot of falls in the history of Bitcoin, replaced by growth. What do you think where Bitcoin will skyrocket this time?


This image is putting it all nicely, so thanks for sharing it. Nevertheless, I have to agree with others about unpredictability of the situation. Yes, we see that bitcoin has been in tough spot before and got over it again and again. And yet hope is all it can give us. We can hope that this will be the case again, but cannot really rely on that. What's sad about the current situation is that most of poeple probably don't know that such things have already happened before. They think that bitcoin was always successful and then finally hit the point where the bubble bursted. It's important to show them that it's not new and that there can still be a happy ending. I don't care what the new Ath is going to be. I would be really happy to see something like $15k that will become a stable point with small fluctuations. This would allow to profit as well as start taking things seriously. Retailers cannot deal with a supervolatile coin.

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December 11, 2018, 06:04:27 PM
 #9

Ill just get out my crystal ball for you. I am seeing... A volatile situation. People are volatile, crypto is volatile. I am then seeing black. I cannot see further.

Invest wisely!

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December 11, 2018, 06:15:07 PM
 #10

Quite correctly Bitcoin has always bounced back after most downfall so it's hoped the same faiths meets the present situations and really fast at that

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December 11, 2018, 06:17:18 PM
 #11

If bitcoin was to skyrocket again, no one knows what percentage increase we would have. Not to mention bitcoin isn't guaranteed to skyrocket in the first place. Not because it happened in the past, while definitely not impossible, it doesn't automatically mean that it will happen again. Who knows? We might have a very slow increase for a decade this time, or even a decade of price stagnation?
That is the problem of many bitcoin users. They always think of bitcoins going to the moon and skyrocketing without thinking that bitcoins is basically meant for peer to peer transfer and not as investment vehicle to give much profit.

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December 11, 2018, 06:43:01 PM
 #12

That is the problem of many bitcoin users. They always think of bitcoins going to the moon and skyrocketing without thinking that bitcoins is basically meant for peer to peer transfer and not as investment vehicle to give much profit.

There is a target, and set goal and then there's the reality. The reality of bitcoin now is that it's volatility makes it unsuitable for daily payments. And also makes it perfect for trading and price speculation.
Anyone who bought purchase it at a certain value and if you bought anytime this year, you are currently at a potential loss.

Bitcoin would be treated for it's profit value, till it goes mainstream and gets mass adoption

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December 11, 2018, 06:49:52 PM
 #13

It is difficult to say exactly when growth can begin. I can only assume that the current situation will be different from previous ones. The crowd is usually wrong. Many people are now waiting for Bitcoin to be rapidly restored the same way it was the last time, but I doubt it. For some reason, it seems to me that growth will begin only after a long consolidation phase and it will not be fast. Perhaps it will even have a positive impact on the entire crypto market, because rapid growth usually follows a rapid fall. The bubble always bursts. I hope that an awesome crypto future awaits us all.

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December 11, 2018, 07:15:09 PM
 #14

I think the market is waiting for something, some kind of major event, that can trigger a new btc rally. We have Bakkt coming up next year in january, i'm certain that it'll be enough to at least see some much needed buying pressure to start a recovery phase, however, I don't think it'll make the price skyrocket. We'll see something like that during a bull run, and I think the trigger will be the adoption phase that hopefully will kick in either in 2019 or 2020.

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December 11, 2018, 07:21:09 PM
 #15

Do we really knowwhen it will go up now?
all we know isthe market now. yeah it is and it is down.
to gather now will prevail later. do we d=believe on that?
we will gain so much later.!
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December 11, 2018, 08:23:59 PM
 #16

This kinda makes sense, but we cannot really predict the market or use this statistics as a basis because the market is emotion driven and does not depend solely on historical data. There's just one thing I am sure of, that Bitcoin and other top cryptocurrencies will never die, the price of those coins is not converging to 0$, but rather correcting. The number of people using cryptocurrencies is sufficiently low at this point, looking at the number of existing Bitcoin wallets. If every people use cryptocurrencies, mainly Bitcoin, the price will be stronger and much higher compared to the current price.
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December 11, 2018, 08:54:00 PM
 #17

Guys, this infographic shows that there were a lot of falls in the history of Bitcoin, replaced by growth. What do you think where Bitcoin will skyrocket this time?


BTCag holders everywhere. Price drops cause people do not HODL, FOOLS!

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December 11, 2018, 08:59:24 PM
 #18

BTCag holders everywhere. Price drops cause people do not HODL, FOOLS!
On what grounds do you make such claim,and what facts do you have to back up what you've spilled out right now.
Hodling isn't and cannot be the cause of the drastic fall in price
When the bitcoin skyrocketed initially,people were still hodling
And when it'll skyrocket next,people will still be hodling
Get your facts before making a claim
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December 11, 2018, 09:43:53 PM
 #19

That is an unknown territory for now, and we're better off focusing on fundamentals rather than another unstable push of price to greater heights only for it to crumble too fast. We might need another hype train that's so massive and another drive of VC funding coming in to bitcoin before seeing a new ATH. Right now, only a few things are happening Q1 of 2019, and that's still not sure that we're gonna see some price action should these gets into materialization (primarily the Bakkt launch that most people seem to be talking about.)
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December 11, 2018, 10:16:42 PM
 #20

It will take a while for it to hit any extremely high amount. It is more likely for us to witness a steady and slow growth with a lot of stagnation in between. I think that 2019 will not be great as well. Everyone is talking about 2020 as the year of BTC, so we will see what will it bring.
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