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Author Topic: Bitcoin is following the same path of 2017  (Read 2055 times)
pinoycash
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April 08, 2019, 07:47:50 AM
 #41

There are big difference between 2017 bull run from 2019.

Year 2017, Many people FOMO in and buy BITCOIN without understanding on how it works while this year its a complete steady growth i am optimistic that we can reach $10k Level before year ends.


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xvids
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April 08, 2019, 11:06:47 AM
 #42

There are big difference between 2017 bull run from 2019.

Year 2017, Many people FOMO in and buy BITCOIN without understanding on how it works while this year its a complete steady growth i am optimistic that we can reach $10k Level before year ends.
Well it does feels like it is happening again.
But only this time people already know about crypto so this isn't FOMO.
And I do agree that if this continue we could see it reach $10k or even higher before this year ends but I wouldn't expect to see a new ATH.

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April 08, 2019, 12:46:57 PM
 #43

There are big difference between 2017 bull run from 2019.

Year 2017, Many people FOMO in and buy BITCOIN without understanding on how it works while this year its a complete steady growth i am optimistic that we can reach $10k Level before year ends.
Well it does feels like it is happening again.
But only this time people already know about crypto so this isn't FOMO.
And I do agree that if this continue we could see it reach $10k or even higher before this year ends but I wouldn't expect to see a new ATH.
To much to think that we could reach $20k again cause the market moves slowly. Though I'm an optimistic person but seeing how the market recovers from  the long bearish season will surely be needing enough time for that. It is a big enough to see Bitcoin reach $10k before the end of this year and it would be a blessing for us if surpasses that price. 
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April 08, 2019, 01:02:23 PM
 #44

If that will be the case of analysts that are pushing investors to buy bitcoin then we might really see an upcoming pump.

Some rich people does really look at how professional analyze the behaviour of the market.
The question is, are they also relying on history?
They need facts to prove it and I dont believe this is a good reason already for them to believe it is the right moment to buy.
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April 08, 2019, 01:47:29 PM
 #45

I believe that although there's still much research to prove that, and we have to see the end of this year if 2019 is really following the trend of 2017, if this is true then there's a possibility that this thing can happen again and again, and that's great news because of this discovery, because we have a sure pattern to look.

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April 08, 2019, 02:46:30 PM
 #46

If that will be the case of analysts that are pushing investors to buy bitcoin then we might really see an upcoming pump.

Some rich people does really look at how professional analyze the behaviour of the market.
The question is, are they also relying on history?
They need facts to prove it and I dont believe this is a good reason already for them to believe it is the right moment to buy.
History never have that strong to happen again in a decentralized market. We know already how prices dependable on the market demand and supply and therefore, we can't assure that it will have the same pattern as it happen last 2017.
We are moving actually, and it is pretty much sure that if we buy today will have gains in the coming days.
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April 08, 2019, 09:24:26 PM
 #47

I believe that although there's still much research to prove that, and we have to see the end of this year if 2019 is really following the trend of 2017, if this is true then there's a possibility that this thing can happen again and again, and that's great news because of this discovery, because we have a sure pattern to look.
Right we are in modern age I know now today the price is not very high but I am, sure this is god time when people are aware of the technologies and I can see my bitcoin getting more value, so I think this time bitcoin is gonna cross all the previous limits of the market, price will cross 20k value till the end of 2019, so let’s see what happens.
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April 08, 2019, 11:15:48 PM
 #48

I believe that although there's still much research to prove that, and we have to see the end of this year if 2019 is really following the trend of 2017, if this is true then there's a possibility that this thing can happen again and again, and that's great news because of this discovery, because we have a sure pattern to look.
This can only be proven if december comes and bitcoin price surges into its highest peak.I think the flow of bitcoin price is  highly different from 2017 but i do hope that there will also be a similarity when it comes to price surging in the year end.So we should positively wait for it if its gonna happen this year.

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April 09, 2019, 05:56:22 AM
 #49

I can only wish. As many pointed out, ICOs played a big part during the 2017 ATH and th3 situation is quite different this year. Still, thanks to that whale and his 3 transactions.

I don't see any other reason for a hike but if it will, we'll just swim along with the whales.
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April 09, 2019, 06:17:38 AM
 #50

I think that we can agree to disagree that Bitcoin's movement right now is no way similar to the bull run that happened in late 2017. For one Bitcoin last 2017 isn't coming from it's ATH compared to where Bitcoin is now. If you look at the movements of Bitcoin you can tell that it's slower compared to the rapid pumps we have seen back then. In 2017 we didn't expect Bitcoin to go above 10,000$ and most people didn't even imagine BTC reaching at a price near 20,000$ but now we are expecting it to have a new ATH above the previous price, I think that's enough evidence to say that we aren't following any historical price movements.

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April 09, 2019, 03:30:26 PM
 #51

It's good to speculate now, now that the price of Bitcoin is slowly moving up, people hardly notice that Bitcoin is now in the $5200 level, who knows it will hit $6000 level before the end of the month, but I don't think it has something to do with the path of 2017, but mainly because of a lot of good news about Bitcoin.
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April 09, 2019, 03:38:54 PM
 #52

If the simple minded folks who invested on Bitcoin and other crypto currencies based on hype only is back then it will not be the same graph, I think they will be investing to take back or they won't be investing again as they have been hurt a a lot. One year is not enough for those who have lose their Money way backed 2017. But if this goes on, new investors will come, and new hype is going to happen, combine all investors of 2017 and ones that are new comers, add the positive news and governments supporting such and such, I think this market will be lively more than the last ATH.

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April 09, 2019, 03:44:18 PM
 #53

I can only wish. As many pointed out, ICOs played a big part during the 2017 ATH and th3 situation is quite different this year. Still, thanks to that whale and his 3 transactions.

I don't see any other reason for a hike but if it will, we'll just swim along with the whales.
We are all waiting and hoping that same path will be taking place, looking from the statistics, there's really possibilities that same movements will happen,
there's a good trend right now and with the same patterned things can be good again, the conclusions will only happened after this year, we will see more actions in terms of price surging and continue to quest for it.
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April 10, 2019, 06:25:55 AM
 #54

I don't see it following but I am just hoping it will follow the 2017, and even surpass the success of 2017.
The price is quite bullish but it has not last at least a month, so it's still very early to tell, we cannot guarantee but it's good to hold at this moment.

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April 10, 2019, 07:44:09 AM
 #55

if bitcoin follow the same path of 2017 then the best possible outcome would be we will see one more positive huge pump going to 12000 dollars and even 20000 dollars price probably this year
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April 10, 2019, 12:04:55 PM
 #56

if bitcoin follow the same path of 2017 then the best possible outcome would be we will see one more positive huge pump going to 12000 dollars and even 20000 dollars price probably this year

It might be possible to follow the path of 2017, of course, the value of bitcoin is much higher and many investors will benefit. We learn and follow market movements and this will provide many opportunities.
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April 10, 2019, 12:16:28 PM
 #57

I don't think the level of hype is similar to 2017. In 2017, many people from the outside of the crypto community bought cryptocurrency for the first time in their life.

But this is even better in a way. People that buy BTC this time are more knowledgeable and experienced than those who were buying during 2017 bull run. People now know the risks, they know the market can go either way from a particular point, and yet they are buying because , I think, they are rather long-run oriented.

But if BTC could reach another ATH, of course, I have nothing to complain Smiley

 I'm surely with you on that, mate. Smiley

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April 10, 2019, 02:00:34 PM
 #58

I dont know but i am thinking the same way you concluded. The moon last December 2017 is now happening again after the consecutive price dump. Its also about this month whe. It started to increase littlw by little then went to its peak on December. Hope it will happen again this year.

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April 10, 2019, 02:04:23 PM
 #59

Currently even with that chart compare we can't say that bitcoin is following thr same path of 2017 but I highly believe it will follow and we will see new all time high price in 2020 because of upcoming halving. Price don't has to fall but keeping regular 6-7k this year will be great success to my mind. We have to repeat 2017 in 2020 when halving will happen, for a little time stable price and then rise and rise.

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April 10, 2019, 02:17:29 PM
 #60

There is still a lot of time to go for that to happen, is it on the same path? Yeah for sure, but it is not the same just yet, in order for it to keep going we need to keep pushing it and without that its just on the same path but not on the same distance traveled.

We should stop with the talks of "oh it was the same on 2014 and same happened on 2015 and oh look its 2017 all over again" and all that, we should definitely try to create our own history and make 2019 unique compared to all other years, if we keep having the same things over and over again than we are making ourselves vulnerable towards the manipulators who will keep on making the price move up and down constantly like previously and make us believe same things will happen while they make the money.
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