marcbitcoins
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February 11, 2019, 05:19:07 AM |
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It is hard to tell the future of Bitcoin to think that the world economy of 2015 is very far different from this year. We have to think that the standard way of living and the monetary movement before is quite different from now that these are some of the factors that we need to considere for this comparison. I will just hope for the acceptance of the ETF products as part of Bitcoin development for this year to trigger the bullrun.
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wildey
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February 11, 2019, 05:45:48 AM |
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looking at developments in 2015 and 2019, I think that is quite far. well, I'm starting to think that this year will probably be better than 2015. for now we can only see its development, but it's likely that the price of bitcoin and its popularity will be better this year compared to 2019.
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Febo (OP)
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February 12, 2019, 09:56:55 PM |
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It is hard to tell the future of Bitcoin to think that the world economy of 2015 is very far different from this year.
Yes this is a thing. In whole 10 years of existence of Bitcoin there was no economic crisis. So we have no ideas how price will react to it. 2015 was year of big economic growth. If crisis strike tomorrow and we have 10% economic depression at end of year then there is possibility that 2019 will be more like 2014 or 2018 then the 2015. But I believe this year will be still normal.
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coinluisa
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February 12, 2019, 10:56:08 PM |
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Year 2015 started with Bitcoin price at $317. Price then sank and reach bottom two weeks latter at $171. Then hang between $200 and $300 until November when bull market started. And reach $430 at the end of the year. That gave us 35% price increase in 2015.
Year 2019 started with Bitcoin price at $3740. Two weeks before that price reached current bottom at $3190. Price of Bitcoin should hang between $3500 and $5500 until October when bull market will start. And reach $8000 at end of the year.
Night is darkest right before the dawn.
Well maybe but still no one can tell what will be the price of bitcoin every year because we all know how volatile market is. The important is bitcoin is still great price not in a super drip price.
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TheAndy500
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February 12, 2019, 11:13:48 PM |
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Year 2015 started with Bitcoin price at $317. Price then sank and reach bottom two weeks latter at $171. Then hang between $200 and $300 until November when bull market started. And reach $430 at the end of the year. That gave us 35% price increase in 2015.
Year 2019 started with Bitcoin price at $3740. Two weeks before that price reached current bottom at $3190. Price of Bitcoin should hang between $3500 and $5500 until October when bull market will start. And reach $8000 at end of the year.
Night is darkest right before the dawn.
2015 was a year of stabilization and rebuilding trust in the cryptocurrency market. I think 2019 will be very similar. After a year of price drops, investors will need time to trust again in crypto market and invest here their money. I think that prices will no longer fall, but the increases will be little - max +50% at the end of year.
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thecodebear
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February 13, 2019, 01:20:13 AM |
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that is a very extraordinary comparison, but in my opinion it is not that easy to predict the price of bitcoin. if the price of bitcoin only reaches $ 8k at the end of the year, that means bitcoin failed to reach the new ATH.
I give like 1% chances BTC will reach new ATH this year. Why do you think that Bitcoin will make a x10 in short 11 months? 1% is extremely extraordinary. My prediction seems quite ordinary. That's pretty conservative, I think we loss our faith with BTC already. 1% is tantamount to saying it's not gonna make an ATH this year, well for me I'm very much thankful already if I see it rise to $10,000 but I would not loss my hope that this year we can still achieve the best price, it all depends on the news, if there is a big news and people FOMO, then we know already what's next, we could be surprise with the new ATH. No that guy is right. There is no reason whatsoever to think about ATH for this year. I doubt it'll even hit $10k this year. The bitcoin market takes a while to turn around after a crash. I wouldn't expect it to start moving up again until the second half of the year, and when it does its not gonna be moving fast. ATH might be possible in late 2020. and certainly the price in 2021/2022 or whenever the next peak occurs will make $20k look tiny.
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ethereumhunter
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February 13, 2019, 05:35:13 AM |
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It could be true because the situations similar with 2015 but I think this year, we can hope that every coins can increase although it's only for small price. At least, we can make a profit from trading and then if the time is right, the market will change to the bull market and it will cause every coins can increase higher like what we see in 2017-2018. Year 2015 started with Bitcoin price at $317. Price then sank and reach bottom two weeks latter at $171. Then hang between $200 and $300 until November when bull market started. And reach $430 at the end of the year. That gave us 35% price increase in 2015.
Year 2019 started with Bitcoin price at $3740. Two weeks before that price reached current bottom at $3190. Price of Bitcoin should hang between $3500 and $5500 until October when bull market will start. And reach $8000 at end of the year.
Night is darkest right before the dawn.
2015 was a year of stabilization and rebuilding trust in the cryptocurrency market. I think 2019 will be very similar. After a year of price drops, investors will need time to trust again in crypto market and invest here their money. I think that prices will no longer fall, but the increases will be little - max +50% at the end of year. So this year looks like the stabilization was happen again because many coins can rise to test the market and some of them can break the higher price although after that, the price was down again. I believe that there is a new investor type that will come and invest in crypto and they can makes the market increase again.
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piebeyb
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February 13, 2019, 09:43:24 AM |
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Year 2015 started with Bitcoin price at $317. Price then sank and reach bottom two weeks latter at $171. Then hang between $200 and $300 until November when bull market started. And reach $430 at the end of the year. That gave us 35% price increase in 2015.
Year 2019 started with Bitcoin price at $3740. Two weeks before that price reached current bottom at $3190. Price of Bitcoin should hang between $3500 and $5500 until October when bull market will start. And reach $8000 at end of the year.
Night is darkest right before the dawn.
the analysis is quite good in my opinion, but I have already discussed it here, happy when many people have started to see some of my articles written almost to a number of sites, so just want to see if it's true history will repeat itself, we all know soon going towards halving bitcoin next 2020, everyone hopes the value of bitcoin will return better
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shesheboy
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February 13, 2019, 10:00:18 AM |
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looking at developments in 2015 and 2019, I think that is quite far. well, I'm starting to think that this year will probably be better than 2015.
indeed . year 2015 is where bitcoin is getting started . its not yet popular so its normal to see a verry low price that time but today we are now on the year 2019 and bitcoin is slightly recognized by the masses but its not exempted from the market correction . thats the reason that we still see some lows . I will just hope for the acceptance of the ETF products as part of Bitcoin development for this year to trigger the bullrun.
bullrun can come with or without etf's but etf can help speed up this process . the the problem is will etf finally accept bitcoin this time ? lets hope so . in the meantime , we can also do something to help the price to recover and that is to continue buying and hodling .
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chulos
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February 13, 2019, 10:32:45 AM |
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If you have written these comparisons of years, you've noticed the most important thing that history is repeated and in the case of cryptos, the cycle was repeated several times. But in order for this year 2019 to be 2015, there must be more investors and people have to believe more in the crypto than in money. Anyway, i believe such a scenario will be.
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xuan87
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February 14, 2019, 11:52:34 PM |
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Many peoples said that there is resemblance between those two years, but it's just a prediction and some wishes from people, which will be great if it's true, but in reality we need to see the market conditions how interested people in putting the funds into crypto, until now the sign of growing still hasn't been seen
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Febo (OP)
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February 15, 2019, 03:06:10 PM |
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Many peoples said that there is resemblance between those two years, but it's just a prediction and some wishes from people, which will be great if it's true, but in reality we need to see the market conditions how interested people in putting the funds into crypto, until now the sign of growing still hasn't been seen
There was exotically same at start of 2015. Zero growth. Just sideways for more then half of year. Same as last 3 months. Probably same as next half year.
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davit putra
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February 15, 2019, 04:54:48 PM |
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Hopefully, nearing the end of the year bitcoin can make a leap. And even though it's still a possibility, it doesn't hurt I believe, rather than selling it at a low price today.
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deisik
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February 15, 2019, 06:11:06 PM |
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Many peoples said that there is resemblance between those two years, but it's just a prediction and some wishes from people, which will be great if it's true, but in reality we need to see the market conditions how interested people in putting the funds into crypto, until now the sign of growing still hasn't been seen
There was exotically same at start of 2015. Zero growth. Just sideways for more then half of year. Same as last 3 months. Probably same as next half year Today feels completely different I am really curious if people claiming that it is the same had been actually trading back in the day. I was, and what I see now is way different from what I saw in early 2015. Now we barely move a couple percent daily. In 2015 price action was a lot stronger. It basically means that supply as well as demand is now running dry, while in 2015 they were abundant (as I have no other explanation)
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bonker
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February 15, 2019, 08:43:06 PM |
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Hopefully, nearing the end of the year bitcoin can make a leap. And even though it's still a possibility, it doesn't hurt I believe, rather than selling it at a low price today.
The next halving is in 2020,so the chances of having bull run in end of this year are not found yet but it may happen like other predictions says. But I won't compare any year since you can see most unexpected thing at any time.
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olumyd
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February 16, 2019, 08:21:45 PM Last edit: February 16, 2019, 08:38:10 PM by olumyd |
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Year 2015 started with Bitcoin price at $317. Price then sank and reach bottom two weeks latter at $171. Then hang between $200 and $300 until November when bull market started. And reach $430 at the end of the year. That gave us 35% price increase in 2015.
Year 2019 started with Bitcoin price at $3740. Two weeks before that price reached current bottom at $3190. Price of Bitcoin should hang between $3500 and $5500 until October when bull market will start. And reach $8000 at end of the year.
Night is darkest right before the dawn.
Now that's what I call pure speculation, however, it's flawed. You provided no premise for the price movements. In the past, those price fluctuations had more to do with adoption through MLMs and Ponzis. However, the intrinsic worth of Bitcoin has slowly gained traction as more institutions and mainstream market players got involved. We should see a minor spike in price with ETF approval, say, a maximum of $10k but that's it - minor - then price will slowly drop down to 5k range. This should probably be the true worth of bitcoin for the long term, until scarcity sets in.
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MuffinMaster
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February 16, 2019, 09:45:43 PM |
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Hopefully, nearing the end of the year bitcoin can make a leap. And even though it's still a possibility, it doesn't hurt I believe, rather than selling it at a low price today.
The next halving is in 2020,so the chances of having bull run in end of this year are not found yet but it may happen like other predictions says. But I won't compare any year since you can see most unexpected thing at any time. This is a section of speculation, so everyone who is reading this is aware that predictions are just "loud thinking". If you write that tomorrow BTC price will go up, nobody will buy, just because you wrote that. Here we only say our thoughts on whether this year will be similar to 2015. I think, yes.
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Koro-Sensei
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February 17, 2019, 02:17:51 AM |
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In my opinion, this is how it will be. After such a long period of falling prices, investors (those big and small ones) have lost confidence in cryptocurrencies. Everyone thinks that the cryptocurrencies are too unstable to earn money on them. In order to restore confidence, the cryptocurrency market needs about a year of stabilization and investors will start coming back.
In my opinion also. We need to attract the investors by introducing only the most stable yet reliable coin there is and having a voluntary campaign where we could introduce the coin or crypto to them widely by telling them how useful it can be. Then it may stabilize the market then attracting more costumers in the business probably... So yeah I'm still waiting for someone who will execute this plan thoroughly.
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Wei H
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February 17, 2019, 02:51:32 AM |
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I would say 2019 will be a new 2017 as Bitcoin have been stayed between 3000-4000 for a long time, it can be considered as the later period of the bear.
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WinslowIII
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February 17, 2019, 03:06:43 AM |
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I would say 2019 will be a new 2017 as Bitcoin have been stayed between 3000-4000 for a long time, it can be considered as the later period of the bear.
Ok, so I'm going to remember this quote from this legendary poster, and if at the end of 2019 the price isn't close to $100k than I'll know that he's a fucktard. I'm pretty sure right now, but at that point I'll be 100% sure.
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