Looking at Bitcoin's price increase via YEARLY LOWS

[poodle63]

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

but we cannot easily find the changes in this cryptocurrency fielder because the Bitcoin value is still in the unstable situation whenever we are find any way to predict the future it will not been going like that will change its situation into different direction that's why it will be profitable for everyone

That doesn't make sense. How long will you wait for bitcoin to be stable? bitcoin determines its price from the supply and demand to forget the stability of bitcoin and that will never happen. Doesn't the volatility gives a gradual change to the bitcoin's chart? How can you say like that?

[davinchi]

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.

That's true the only exception was 2018 after Bitcoin's all-time high in 2017, but if you are too patient and you have a strong believe in Bitcoin you can leave it in your wallet and come back maybe two or three years by then Bitcoin could be worth double of 2017 all-time high, but of course this is just a possibility and not a fact.

actually also things like price increases or decreases that occur every month or year even if there are certain events that are nothing more than mere predictions, no one really brings like an annual chart like they usually show. Bitcoin is about how much people still have attracts to it.

Its gradual increase in prices means that there is an increase in users and investors. There are no doubts that as we move into another year will see improvements into the market also and it makes the competition will be stronger and stronger.

Developments will continue and to make people very aware of what crypto can do for us and to the community as well. We're headed into mass adoption bringing more investors to come and give trust.

We are not done with this year yet for us to be talking of moving into anotheryear, to me, this year is still early because we have just exhausted the first half of the year and I believe that there is still greater things that lies ahead for the remaining parts of the year that will make this year end with better position than what it is now.

For next year is expected to be a new year, I am also optimistic that it will be a year that will have a very great record in the history of Bitcoin, I believe we will reach the ATH we have never reached before which will be very surprising to a whole lot of people only if they are patient to witness it.

[redsun114]

The difference between people who are long term holders and short term holders is the fact that short term people want to make money quickly and get out which then makes the yearly lows useless for them.

I am normally a long term holder except few times where I needed money but considering the fact that even I as a long term holder had to sell the yearly lows could become even more useless since short term is not caring and long term may be forced to not care it. That is why I think yearly highs are important too, between the yearly lows and yearly highs we can see that bitcoin is something that moves a lot in a year, it goes up and down a lot in a single year which tells you there is more chance to trade bitcoin daily than there is a chance to just buy and let it be.

[Nellayar]

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.

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

[joniboini]

That is why I think yearly highs are important too, between the yearly lows and yearly highs we can see that bitcoin is something that moves a lot in a year, it goes up and down a lot in a single year which tells you there is more chance to trade bitcoin daily than there is a chance to just buy and let it be.

It's easier said than done. Trading daily or swing trading needs time and skills, which most people don't have. You can, of course, choose to do it, but you need to prepare with the stress, risk, money management and so on. If it were me, I'd not do it. Long-term trading is probably the best option.

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

It might worth zero in 3 years, but the possibility is so small. If we talk about price history, we got higher low (compared to the previous ATL).

You can separate your Bitcoin between long term hold and for trading. Just because you trade it doesn't mean you can't hold it.

[guoyu78]

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

The yearly lows gets bigger as the years goes by. The lowest in this year is not going to be the same lowest as we had in the last two years and so on. But that's not benefiting anyone in any way unless you're one of those that invested in the earlier time and have hodl till now, cause you know that even if drops you will still have some thousands of profits left. But if you started in 2017 and the price dropped this low, it's likely that you have lost some of your money. The yearly low increase shows that the community is growing every year.

[South Park]

snip

It might worth zero in 3 years, but the possibility is so small. If we talk about price history, we got higher low (compared to the previous ATL).

You can separate your Bitcoin between long term hold and for trading. Just because you trade it doesn't mean you can't hold it.

It is fine to think about all the possibilities but as you said the chances that bitcoin is going to be worth zero in 3 years is very low, the more I think of bitcoin and its capabilities and how it compares to the rest of the currencies of the world it becomes apparent that bitcoin is way better than all the fiat currencies even in its current state and once we can get instantaneous confirmations then we will be able to use bitcoin everywhere.

[barbara44]

2018 wasn't even an exception, if you bought at all time high of 2017 December peak then yeah you would be down right now but the 2017 lowest is still lower than 2018 lowest which means if you managed to buy at 2017 lowest than you would be still in profit x3+ even on the lowest price of 2018 so the yearly lows is a great indicator of bitcoin going up.

For example, if you bought this years lowest (which was about 3.4k if I am not wrong) you would still be profiting even today let alone god knows how high we will be in 2020 so it would be a great investment for anyone. The issue is we are always too late to understand what the lowest will be, it goes down and we think that is bottom and we buy which afterwards it goes down even more, that is why knowing bottom is more important than knowing the top.

[TheUltraElite]

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

Bitcoin may be speculated to go down but we have seen that this speculation only leads to panic among common traders. No asset is going to become zero value tomorrow especially if it is bitcoin. There are whales out there trying to catch hold of the small price markets and they will buy huge amounts as soon as bitcoin touches 1000$ so to speak or even lower. You cant imagine the amount of spare money they have ready to buy if such targets reach. On the bright side your investment will be kept safe by the bouncing prices.

Still if you dont like this risk then you should not trade at all.

[shoreno]

What if other things might happen? For example, in 3 years that you left your 1 btc, it turns to zero value?
Maybe, there is possibility for it to go up since it will be halve every four years. However, we can also deny the fact that it may goes down. If you logically think, you will never leave bitcoin on your wallet specially if you have stop loss. If there is stop loss, you can limit your risk also.

Bitcoin may be speculated to go down but we have seen that this speculation only leads to panic among common traders. No asset is going to become zero value tomorrow especially if it is bitcoin. There are whales out there trying to catch hold of the small price markets and they will buy huge amounts as soon as bitcoin touches 1000$ so to speak or even lower. You cant imagine the amount of spare money they have ready to buy if such targets reach. On the bright side your investment will be kept safe by the bouncing prices.

Still if you dont like this risk then you should not trade at all.

well what do you expect ? bitcoin/cryptos are based on speculations therfore its pretty normal for the people to keep on speculating  . its possible for bitcoin value's to go down but i dont think that it can slump until zero because the number of its users and the number of its market cap are way too huge . majority of those people are hodlers/investors that are not in a hurry to sell thier assets  but anyways i wont agree with the op . bitcoin is not becoming expensive every single year because if its true then why the price fail year  ?

[TheUltraElite]

well what do you expect ? bitcoin/cryptos are based on speculations therfore its pretty normal for the people to keep on speculating  .

They were not based on speculation. At least not bitcoin. Bitcoin has its own ideology which was told by satoshi. People still found the speculative market of this "asset" and thus its price went high. That means people support it and they want to buy it.

its possible for bitcoin value's to go down but i dont think that it can slump until zero because the number of its users and the number of its market cap are way too huge . majority of those people are hodlers/investors that are not in a hurry to sell thier assets  but anyways i wont agree with the op . bitcoin is not becoming expensive every single year because if its true then why the price fail year  ?

It is always possible that the price of bitcoin becomes zero but the chances are very low because as soon as it starts going down whales are going to buy it back at low price. It would be a good opportunity for them to buy because it would a discounted price compared to the current price in case of a drastic fall. Again there will be naysayers but the future of bitcoin is indeed pretty bullish because of its advantages.

[Finestream]

well what do you expect ? bitcoin/cryptos are based on speculations therfore its pretty normal for the people to keep on speculating  .

They were not based on speculation. At least not bitcoin. Bitcoin has its own ideology which was told by satoshi. People still found the speculative market of this "asset" and thus its price went high. That means people support it and they want to buy it.

its possible for bitcoin value's to go down but i dont think that it can slump until zero because the number of its users and the number of its market cap are way too huge . majority of those people are hodlers/investors that are not in a hurry to sell thier assets  but anyways i wont agree with the op . bitcoin is not becoming expensive every single year because if its true then why the price fail year  ?

It is always possible that the price of bitcoin becomes zero but the chances are very low because as soon as it starts going down whales are going to buy it back at low price. It would be a good opportunity for them to buy because it would a discounted price compared to the current price in case of a drastic fall. Again there will be naysayers but the future of bitcoin is indeed pretty bullish because of its advantages.

Considering the present market condition,bitcoin has really a bright future ahead.But predicting it to become zero value in the future,i think it's too far from possibility.People will always grab the chance to buy more bitcoins especially if its price makes a drastic fall.So there's no chance that bitcoin will have no value,instead it will continue to grow its price if investors will chose to keep their bitcoins than selling them.

[wxxyrqa]

I certainly don’t want to be a harbinger of a storm, but we need to understand that Bitcoin will grow a good green period and when the time of stagnation begins, at least for a very short time, but users of cryptocurrency will start selling to earn and thus can derail the price of Bitcoin.  Although I am not very worried, because it will be another chance for a profitable investment.

[TheUltraElite]

Considering the present market condition,bitcoin has really a bright future ahead.But predicting it to become zero value in the future,i think it's too far from possibility.People will always grab the chance to buy more bitcoins especially if its price makes a drastic fall.

That is why its price going to zero is having a very small possibility. Unless something drastic happens like Satoshi's wallet selling off its share of bitcoins I dont see how this will happen.

So there's no chance that bitcoin will have no value,instead it will continue to grow its price if investors will chose to keep their bitcoins than selling them.

Investors are more interested in making money. They are more of the market makers who buy/sell regularly. The hodlers of bitcoin are going to hold it though thick and thin. Would be good to see bitcoin cross 12k and then grow to 15k soon. I was hoping for a dip soon so people can buy a bit in the meantime as a small "break" in this bullrun.

[sana54210]

Considering the present market condition,bitcoin has really a bright future ahead.But predicting it to become zero value in the future,i think it's too far from possibility.People will always grab the chance to buy more bitcoins especially if its price makes a drastic fall.

That is why its price going to zero is having a very small possibility. Unless something drastic happens like Satoshi's wallet selling off its share of bitcoins I dont see how this will happen.

So there's no chance that bitcoin will have no value,instead it will continue to grow its price if investors will chose to keep their bitcoins than selling them.

Investors are more interested in making money. They are more of the market makers who buy/sell regularly. The hodlers of bitcoin are going to hold it though thick and thin. Would be good to see bitcoin cross 12k and then grow to 15k soon. I was hoping for a dip soon so people can buy a bit in the meantime as a small "break" in this bullrun.

Just like I am ready to hold mine through thick and thin too till bitcoin probably turn to 1 million dollars. You know in cryptocurrency world, we keep learning new thing on a daily basis, My initial mentally was that when the supply of some of these coins get exhausted, their value growth will became static, but I guess I was wrong, I was shocked to see that circulating supply of Monero is equal to its total supply, which mean the supply has become limited, but yet, the value is still growing.

So even if bitcoin supply get exhausted, the value will still continue to grow, and this could be the reason why people will hold bitcoin for so long, I am taking of decades. Right now, I think any opportunity one has to buy bitcoin, one need to do so, if possible keep saving in bitcoin wallet for future purpose while we use part of some to make profit when the bull run comes.

[gabbie2010]

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.

Indeed bitcoin is a long term investment based on its price action forming a higher low yearly is a good indication and pointer to its bullish movement overall and consistency in the bullish sentiment for many years ahead and a wise investor will surely profit from investing on bitcoin whenever the price dumps recalled in the beginning of the year its price was $3500+ compared to its present value shows a profitable investment.

[semobo]

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

yes this is the things always happening after all the time when Bitcoin go down and after that it increases the value double than the previous times and in this time also the situation is clearly shown the development of Bitcoin will be more higher than the previous time so I expect some Prophet also for every investors.

[Distinctin]

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

yes this is the things always happening after all the time when Bitcoin go down and after that it increases the value double than the previous times and in this time also the situation is clearly shown the development of Bitcoin will be more higher than the previous time so I expect some Prophet also for every investors.

Have to see the market trend will always change. It is apparently be happening since the demand and investors prospects have also changed.
Though we saw it coming slowly but at least it is moving. It is not we want quick and instant rise but continuous small pumps will be good enough to big it big in the future.

[farwellbit]

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

Bitcoin is growing yearly in price, cause what it was in the past ten years, compared to what it is now is a huge difference. But you should ask yourself if it’s still going to continue like that,  especially now that the price has gotten this far, unless what some people are saying about the market cap growing to over a trillion is going to really happen. If the market is really going to continue the growth, then the yearly low will continue to go higher. It’s never a good idea to put trust in this, you should always just try to utilize the opportunities you see, And achieve something out of it, cause if you keep on wising for the future ,it might never come.

[TheUltraElite]

What is it that does not exist if I may ask? because that is the part of your own statement that I do not understand, bitcoin work can clearly be seen and even though there is no access to its antilogarithms, but it technology does exist, and there is no way we can be using something that its POS and POW are the main work that we see till today.

I meant that bitcoin does not have any physical existence. Although some collectibles are available for physcial bitcoins, they are just idols to load your crypto in them, not like fiat which is prone to wear and tear because it uses a physical media like coins and notes.

It does exist, but strong enough not to be destroyed because it is anonymous, and I guess that this is what you mean, no one can destroy what is anonymous. The volatility of this technology is what makes the system sweeter and more rewarding, and until supply is exhausted and demands becomes too high before we can have a reduced volatility or zero volatility, but till then, we will keep seeing increase every year.

I think you got my statement wrong. I meant that people talk about bitcoin being destroyed but they are wrong. Bitcoin cannot be destroyed by crashing the market, it will rise back to higher prices. Also I dont think volatility will be guaranteed to reduce after the supply is exhausted.