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Author Topic: Looking at Bitcoin's price increase via YEARLY LOWS  (Read 922 times)
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May 30, 2019, 10:21:33 AM
 #1

By looking only at the yearly lowest dollar value you'll find out that Bitcoin is always  more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Thoughts, ideas?

Full video at http://y2u.be/5TMygwWv4dc
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May 30, 2019, 10:44:51 AM
 #2

Considering that yearly lows of bitcoin for the past 10 years, bitcoin investment might be good for long term. Whatever happens, leaving your bitcoin for few years, you'll still end up with profit. You can have a yearly buy and sell to earn bigger returns of investment.

           
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May 30, 2019, 12:21:51 PM
 #3

I also think bitcoin can be a good investment for long time, and maybe we will have mass adoption, but over time it proves that can be a good investment and give a good profit for who buy on low price.

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May 30, 2019, 01:24:34 PM
 #4

By looking only at the yearly lowest dollar value you'll find out that Bitcoin is always  more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Thoughts, ideas?

Full video at http://y2u.be/5TMygwWv4dc

Any year, Bitcoin is always expensive and dollar is what gives it the value. Which means, without dollars or Fiat money, Bitcoin would not be valuable. So when Bitcoin increases, it is dollar that we are looking for on how much 1 BTC would be.

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May 30, 2019, 01:48:13 PM
 #5

That's why Bitcoin is one of the best investment opportunity of our generation, it's just that many people hype about it and newbie would eventually come and if they lose a little they will rant about it but at the end of the day Bitcoin will still prosper without those negative thoughts.

I really don't think if I see Bitcoin as a digital currency because nowadays it's more likely an investment asset.
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May 30, 2019, 02:48:08 PM
 #6

And that is looking at just the lowest annual value. Despite the volatility we can see that in the long run there is an increase in value. That's why hodlers stockpile, they see the possibility of being a bagholder to be low.

That's why Bitcoin is one of the best investment opportunity of our generation, it's just that many people hype about it and newbie would eventually come and if they lose a little they will rant about it but at the end of the day Bitcoin will still prosper without those negative thoughts.

I really don't think if I see Bitcoin as a digital currency because nowadays it's more likely an investment asset.

For now it's more an investment yes. It'll take wider circulation for it to transition to a more useable currency.

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May 30, 2019, 04:26:20 PM
 #7

I also think bitcoin can be a good investment for long time, and maybe we will have mass adoption, but over time it proves that can be a good investment and give a good profit for who buy on low price.
I agree with you, to get a big profit we must be prepared to choose a long-term investment in bitcoin. And according to some studies that I have read, bitcoin will pump back in 2020, whether it will happen or not but we must get ready immediately.

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May 30, 2019, 05:35:08 PM
 #8

I think that this increase is due to the acceptance of the BAKKT that brings new investors into the market, which opens doors to investments where they practically buy regardless of the price. That is why now the price has no correction, and if it occurs would be little, because if investors come buying the price is lateralized or can continue to increase, this can be seen in a tool called uqe: tensorcharts.com where the volume indicates that purchases are generated.

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May 30, 2019, 05:38:30 PM
 #9

By looking only at the yearly lowest dollar value you'll find out that Bitcoin is always  more expensive in a given year than in the previous year. On average, its dollar value increases (at least) 325% p.a. on average (2010 - 2018).

Thoughts, ideas?

Full video at http://y2u.be/5TMygwWv4dc
Inflation on the USD price might make the price of bitcoin more than the previous year but these growth level coming from the real adoption from new people which make new money flow into the market causing the price increasing.

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May 30, 2019, 07:55:30 PM
 #10

I also think bitcoin can be a good investment for long time, and maybe we will have mass adoption, but over time it proves that can be a good investment and give a good profit for who buy on low price.
You are here constantly talking about profits and a good future and of course that is something that most people know after a number of times seeing market movements that occur with increasing and decreasing time and certain trends, patience in this case is very important for everyone because investment takes a long time, it must be understood that the concept of investment is like that by waiting longer, in a price that is considered very cheap is a good opportunity.
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May 30, 2019, 09:15:19 PM
 #11

The bitcoins yearly charts look stable and bullish, with higher lows in 8 out of the last 9 years, 2015 was the only exception.
https://twitter.com/ChartsBtc/status/1133741211427098625
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May 30, 2019, 09:49:28 PM
 #12

Indeed, it is very true that bitcoin has always climbed at the beginning of the year until mid-year and it has happened a few years ago and bitcoin may have nothing to do with dollar prices because bitcoin stands alone without being supported by certain parties, both internal and external

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May 30, 2019, 10:26:46 PM
 #13

That's why it is better to accumulate more Bitcoin and HODL it for more years since the price is always increasing every year. Bitcoin never ceases to amaze me every now and then that why i really like to HODL more of it. It is a better investment if you are planning to hold it for too long and that would mean you have to wait upon waiting you also have the patience to wait.

Sooner or later Bitcoin will gain more trust in society and it will gain a lot of new investors every year.



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May 31, 2019, 04:02:49 AM
 #14

That's why it is better to accumulate more Bitcoin and HODL it for more years since the price is always increasing every year. Bitcoin never ceases to amaze me every now and then that why i really like to HODL more of it. It is a better investment if you are planning to hold it for too long and that would mean you have to wait upon waiting you also have the patience to wait.

Sooner or later Bitcoin will gain more trust in society and it will gain a lot of new investors every year.
rapid development and supported by public trust, making bitcoin increasingly sought after, especially for those who want to invest. by looking at this potential, there are many who equate bitcoin like digital gold.

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May 31, 2019, 05:16:15 AM
 #15

Definitely the increment is happening but not in a huge way it slow and steadily developing but this year will not be the end for Bitcoin and we can expect the next year also developing and I think more than this year the next year will be more powerful for the development of Bitcoin and the good other cryptocurrencies

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May 31, 2019, 04:03:18 PM
 #16

This is a perfect example that no matter what happens Bitcoin would surely grow in the future,
We have seen it from the past and might see it in the future the world is adopting and keep on recognizing crypto,
So for sure in the future almost everyone would know or use crypto and it would drive the price up .
As we could see in the past 10 years more and more people are getting into crypto and as the year past by the number of people who use or know it increase just like the price of each BTC.

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May 31, 2019, 04:16:17 PM
 #17

Bitcoin is though very easily usable but it is risky money / investment.  Anytime it may move to any direction.
Fluctuating value is just one drawback otherwise no other currency / coin can match it.
It has not been able to touch the price level of 2017.  So if one wants to earn via investing here must be ready to take risk of losing too.
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May 31, 2019, 05:36:45 PM
 #18

That's the reason why Bitcoin is considered as a great way of investing. It's best for a long term hold. However, the difference if dollar could remain stable on the same value but Btc could drop down despite the fact that it could rise higher than Usd because of its volatility.

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May 31, 2019, 08:07:50 PM
 #19

Bitcoin doesn't have to prove that it's better than any currencies like USD. It has its own value and it works in different way.
We can't compare the changes of physical money with a digital currency because they both play their own roles.
Usd will surely increase in years and so as Bitcoin because there were changes and developments that have existed.

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June 01, 2019, 10:25:39 AM
 #20

Definitely the increment is happening but not in a huge way it slow and steadily developing but this year will not be the end for Bitcoin and we can expect the next year also developing and I think more than this year the next year will be more powerful for the development of Bitcoin and the good other cryptocurrencies
I so much love the way the price is increasing slowly and steadily, don’t you think it is better than that abnormal increment that usually bring about rush for dumping when the increase comes as a shock to people, but as this price increase and picks the next higher value, it gives people time to get used to it and not see it as strange thing to panic sell before picking the next one.

Imagine that bitcoin started shooting from like $4000 none stop to $9000 without all these corrections at every $500 or $1000 increase, then maybe dropped suddenly from that $9k to $8.5, people would have panic sold massively and we would have probably recorded ATH by now which will be lower than the previous ATH and back to bear market.
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