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Author Topic: 2018 In Bitcoin [ The Year Is Over ]  (Read 999 times)
DaCryptoRaccoon (OP)
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December 31, 2018, 01:59:37 PM
Last edit: January 03, 2019, 05:12:29 PM by MagicByt3
 #1



As we draw to a close of 2018 and the new year comes in it has been a roller coaster year for bitcoin,  
With the long lasting hang-over from the dizzy heights of 19k to the never ending stream of attacks against users and wallets and exchanges I think as a community we should start to focus on more security applications to help prevent this sort of bad press in 2019.

Something that should stand out proud to all the long time members here is how strong the community here is together and what can be achieved with handwork, networking and the faith of the loyal legends and staff on the forum.

In the mining world we saw the results of greed and forks and started to see the seedy underbelly of "Big Business" wanting to edge in and take over, We saw Bitmain play games with miners on a large scale all things that should make people take note and understand that Bitcoin is Bitcoin and forks take away from bitcoin and the community should work to ensure that we stay focused and maintain Bitcoin to ensure it is always the leader of the pack.

A Quick breakdown of things that happened in Bitcoin in 2018.

Jan 8 - 2018 - Electrum Bitcoin Wallets Were Vulnerable to Hackers for Two Years
https://motherboard.vice.com/en_us/article/ev55na/electrum-bitcoin-wallets-were-vulnerable-to-hackers-for-two-years-json-rpc

Jan 23 - 2018 - Stripe Stopped Support For Bitcoin.  -
https://stripe.com/blog/ending-bitcoin-support

Feb 06 - 2018 - Chairman’s Testimony on Virtual Currencies: The Roles of the SEC and CFTC
https://www.sec.gov/news/testimony/testimony-virtual-currencies-oversight-role-us-securities-and-exchange-commission

Feb 15 - 2018 -  CFTC: Examining Pending Rules, Cryptocurrency Regulation, and Cross-Border Agreements
https://www.agriculture.senate.gov/hearings/state-of-the-cftc-examining-pending-rules-cryptocurrency-regulation-and-cross-border-agreements

March 7 - 2018 -  MTGOX Creditor Meeting
https://www.mtgox.com/img/pdf/20180307_report.pdf

April 17 - 2018 -  Coindesk & Why $7.9K Is Bitcoin’s New Price to Watch
https://www.coindesk.com/8500-bitcoin-eyes-gains-with-key-support-at-7900

May 18 - 2018 - Even More Bullish After after Consensus 2018, Says Tom Lee.
https://www.cnbc.com/video/2018/05/18/even-more-bullish-on-bitcoin-after-consensus-2018-says-fundstrats-tom-lee.html

June 22 - 2018 - Bitcoin Price Falls to New 2018 Low
https://www.coindesk.com/bitcoin-price-falls-to-lowest-total-seen-in-2018

July 23 - 2018 - G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard
https://www.coindesk.com/g20-eyes-october-deadline-for-crypto-anti-money-laundering-standard

August 31 - 2018 - Bitcoin Price Loses 10% In August But Long-Term Bottom May Be In
https://www.coindesk.com/bitcoin-lost-10-in-august-but-may-have-made-long-term-bottom

September 17 - 2018 -  Bitcoin Core CVE-2018-17144 Exploit Found.
https://bitcoincore.org/en/2018/09/20/notice/

October 29 -2018 - Bitcoin Could End October With 2018’s First Year-Over-Year Decline
https://www.coindesk.com/bitcoin-price-may-report-yearly-loss-on-its-10th-birthday

November 30 - 2018 - Capitulation? Bitcoin’s Price Dropped 36% in November
https://www.coindesk.com/capitulation-bitcoins-price-dropped-36-in-november

December 28 - 2018 - Electrum Wallet Attack May Have Stolen As Much as 245 Bitcoin
https://www.coindesk.com/electrum-wallet-attack-may-have-stolen-as-much-as-245-bitcoin


For many this was a wild year we saw a rise is hacks and coin mining malware we saw a further wave of attacks around the crypto space,  
The message for 2019 should be that of security.

I wish everyone a Happy New Year!

Please feel free to leave your 2018 experience and what you think 2019 will hold for Bitcoin.






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January 02, 2019, 02:51:45 AM
 #2

Well, 2018 was dramatic, but I wish for stability in 2019.
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January 02, 2019, 05:20:29 AM
 #3

Its my first time to witness a very tough year for cryptocurrency because I got in when the price was skyrocketing ,2018 is a very challenging year but I'm glad its finally gone and I'm still alive ,more incoming hopes the is year 2019

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January 02, 2019, 12:46:19 PM
 #4

Nice list of events and predictions.
2019 will be the year of slow recovery for bitcoin.Let's hope that all the anti-BTC whales(faketoshi and Ver) had sold all their btc holdings,so they can't dump the bitcoin price again.The bitcoin core blockchain is going just fine and all we need is just more trust and faith in bitcoin.

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January 02, 2019, 01:56:37 PM
 #5

we again started the new year with positive vibes for bitcoin. Last year was not good for the crypto market and we have seen many ups and down in the crypto market.  But still knows bitcoin has huge potential to rise back anytime and expecting this year we will see bullish move in bitcoin So I would continue to focus on bitcoin and on the crypto market.
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January 02, 2019, 02:35:27 PM
 #6

The year of 2018 is one of the worst year for me simply because I am holder and I suffer big losses because of bear market. I really hope that this year 2019 we can face experience another bull run which I can earn all my losses from bear market that happen last year. I hope we can see the end of bear market.
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January 02, 2019, 03:24:13 PM
 #7

Well, 2018 was dramatic, but I wish for stability in 2019.

You'll likely get your wish if history holds true. Every crash has been followed by a long sideways movement.

Its my first time to witness a very tough year for cryptocurrency because I got in when the price was skyrocketing ,2018 is a very challenging year but I'm glad its finally gone and I'm still alive ,more incoming hopes the is year 2019

The year of 2018 is one of the worst year for me simply because I am holder and I suffer big losses because of bear market. I really hope that this year 2019 we can face experience another bull run which I can earn all my losses from bear market that happen last year. I hope we can see the end of bear market.

You do all realize that a new year has no significance whatsoever? It may be a big psychological thing for a lot of people but the markets don't give a shit about that. Btc won't start doing well just because it's a new year.

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January 02, 2019, 04:23:29 PM
 #8

2018 bitcoin is full of drama, haha
half a year with the best price and half a year with bad prices, but hopefully in 2019 this will be the beginning of the increase in bitcoin again
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January 02, 2019, 04:58:40 PM
 #9

Well, 2018 was dramatic, but I wish for stability in 2019.

For majority of the 2018 bitcoin was at its most stable in value, after the price bubbled up late 2017, the price quickly corrected dropping rapidly during the first two months of 2018 and then there was sustained stability, up until the last two months where the price crashed down.

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January 02, 2019, 05:18:28 PM
 #10

Nothing we haven’t seen before.

It’s the natural cycle of bitcoin over several years, rinse & repeat. We will now begin a slow recovery over 1-2 years before the next bull run.

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January 02, 2019, 05:42:41 PM
 #11

Nothing we haven’t seen before.

It’s the natural cycle of bitcoin over several years, rinse & repeat. We will now begin a slow recovery over 1-2 years before the next bull run.

and how can you say 1 or 2 years until netx bull run Cheesy
I think you only hoping this Cheesy but no facts for this.
Currently we have a very huge prize for one Bitcoin i dont think there will come mutch investors.



regards
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January 02, 2019, 05:57:05 PM
 #12

it was no rollercoaster year, it was simply a crash year, and it wont be the last one. bitcoins hype is just a bigger version of the doggecoin hype.

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January 02, 2019, 06:37:47 PM
 #13

2018 was a very difficult year for earnings as there was a correction but I think that in 2019 it will be more favorable for crypto-currency and investments. As I observe the market has become more stable in recent days.

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January 02, 2019, 07:16:11 PM
 #14

In 2018 we learn a lot and test our full patience. But for 2019 the year is hopeful and the learning phase continues to be done to get the results as expected.
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January 02, 2019, 07:23:50 PM
 #15

Those security breaches are problem for all the crypto, bitcoin users, if there is no good protection you could lose interest on being involved in it.
Developing improved security systems is important for users but hackers will not sleep either. It is the never ending battle between those two...

2018 had a two half times for me. In firs six month I haven`t been active at all and was activated in second six month period. Overall it wasn`t been stressful for me but I do have some savings that I would like to grow up in the future. Doesn`t need to be in this year period but surely it would be nice if it does.

Happy new year everybody  Smiley
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January 02, 2019, 07:39:00 PM
 #16

2018 was the correction year after a very inflated 2017. The only way
the markets can go is up but hopefully it will be a realistic rise taking
At least a year.

Security should always be to the forefront of everyones thoughts.
Everyone should be looking to secure their wallets, seeds and passwords.

R


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January 02, 2019, 07:46:01 PM
 #17



As we draw to a close of 2018 and the new year comes in it has been a roller coaster year for bitcoin,  
With the long lasting hang-over from the dizzy heights of 19k to the never ending stream of attacks against users and wallets and exchanges I think as a community we should start to focus on more security applications to help prevent this sort of bad press in 2019.

Something that should stand out proud to all the long time members here is how strong the community here is together and what can be achieved with handwork, networking and the faith of the loyal legends and staff on the forum.

In the mining world we saw the results of greed and forks and started to see the seedy underbelly of "Big Business" wanting to edge in and take over, We saw Bitmain play games with miners on a large scale all things that should make people take note and understand that Bitcoin is Bitcoin and forks take away from bitcoin and the community should work to ensure that we stay focused and maintain Bitcoin to ensure it is always the leader of the pack.

A Quick breakdown of things that happened in Bitcoin in 2018.

Jan 8 - 2018 - Electrum Bitcoin Wallets Were Vulnerable to Hackers for Two Years
https://motherboard.vice.com/en_us/article/ev55na/electrum-bitcoin-wallets-were-vulnerable-to-hackers-for-two-years-json-rpc

Jan 23 - 2018 - Stripe Stopped Support For Bitcoin.  -
https://stripe.com/blog/ending-bitcoin-support

Feb 06 - 2018 - Chairman’s Testimony on Virtual Currencies: The Roles of the SEC and CFTC
https://www.sec.gov/news/testimony/testimony-virtual-currencies-oversight-role-us-securities-and-exchange-commission

Feb 15 - 2019 -  CFTC: Examining Pending Rules, Cryptocurrency Regulation, and Cross-Border Agreements
https://www.agriculture.senate.gov/hearings/state-of-the-cftc-examining-pending-rules-cryptocurrency-regulation-and-cross-border-agreements

March 7 - 2018 -  MTGOX Creditor Meeting
https://www.mtgox.com/img/pdf/20180307_report.pdf

April 17 - 2018 -  Coindesk & Why $7.9K Is Bitcoin’s New Price to Watch
https://www.coindesk.com/8500-bitcoin-eyes-gains-with-key-support-at-7900

May 18 - 2018 - Even More Bullish After after Consensus 2018, Says Tom Lee.
https://www.cnbc.com/video/2018/05/18/even-more-bullish-on-bitcoin-after-consensus-2018-says-fundstrats-tom-lee.html

June 22 - 2018 - Bitcoin Price Falls to New 2018 Low
https://www.coindesk.com/bitcoin-price-falls-to-lowest-total-seen-in-2018

July 23 - 2018 - G20 Eyes October Deadline for Crypto Anti-Money Laundering Standard
https://www.coindesk.com/g20-eyes-october-deadline-for-crypto-anti-money-laundering-standard

August 31 - 2018 - Bitcoin Price Loses 10% In August But Long-Term Bottom May Be In
https://www.coindesk.com/bitcoin-lost-10-in-august-but-may-have-made-long-term-bottom

September 17 - 2018 -  Bitcoin Core CVE-2018-17144 Exploit Found.
https://bitcoincore.org/en/2018/09/20/notice/

October 29 -2018 - Bitcoin Could End October With 2018’s First Year-Over-Year Decline
https://www.coindesk.com/bitcoin-price-may-report-yearly-loss-on-its-10th-birthday

November 30 - 2018 - Capitulation? Bitcoin’s Price Dropped 36% in November
https://www.coindesk.com/capitulation-bitcoins-price-dropped-36-in-november

December 28 - 2018 - Electrum Wallet Attack May Have Stolen As Much as 245 Bitcoin
https://www.coindesk.com/electrum-wallet-attack-may-have-stolen-as-much-as-245-bitcoin


For many this was a wild year we saw a rise is hacks and coin mining malware we saw a further wave of attacks around the crypto space,  
The message for 2019 should be that of security.

I wish everyone a Happy New Year!

Please feel free to leave your 2018 experience and what you think 2019 will hold for Bitcoin.






In my own way I believe 2018 was just to see those who definitely are strong in the Crypto market. With all the drama bitcoin pull up many projects died off and many Still remain strong. Now we are in 2019 I believe those projects that could survive the Bearish market will make a difference.

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January 02, 2019, 07:49:04 PM
 #18

Well, 2018 was dramatic, but I wish for stability in 2019.

Definitely 2018 was really a difficult one, and believe me many dropped out of the market while many are coming in. Is really a reggae year for many projects and I believe 2019 will make a difference we just have to keep fingers crossed.

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January 02, 2019, 07:58:35 PM
 #19

2018 bitcoin is full of drama, haha
half a year with the best price and half a year with bad prices, but hopefully in 2019 this will be the beginning of the increase in bitcoin again

Yes the year 2018 was a mix of both good and bad days but compared to the month of December last year and the entire 2018 the value of bitcoin was no where near to what it was in December last year, let's hope this year should be a good year for crypto.

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January 02, 2019, 08:58:06 PM
 #20

2018 was a mix year but at the end it was really shocking year bcz bitcoin price dumped to all time low in 2018 several times.hopefully 2019 will be really good year and thanks to 2018 Smiley
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