Can we still expect more from bitcon?

[marcbitcoins]

It is hard to predict the market movement as there are lot of development that are now happening in the Crypto space like stolen cryptos, scam investments and many more in which may affect the market movent all the time. Constant review the market so that you could have your own analysis which may help you to create your own decision.

[exstasie]

In order to hit a price between $200-$400,000 we need institutions to go nuts on Bitcoin. Retailers alone won't be enough anymore.

This is a common narrative but I don't think it's correct. I don't think we've barely gotten a taste of mainstream adoption yet. Institutional adoption might come first because Wall Street is smart enough to front run Main Street, but I don't think we need Wall Street at all. Bitcoin's value comes by virtue of adoption itself (i.e. Metcalfe's Law). I think the positive price feedback loops and Bitcoin's monetary properties are enough to drive mainstream adoption. Bitcoin's exceptional scarcity will handle the rest.

A coin backed ETF would help attract billions in fresh capital, but we're probably still years away from having the SEC approve one. Good thing about that is the fact that people can still accumulate at fairly reasonable prices.  

My biggest mistake in 2014-2016 was assuming I had forever to accumulate cheap. One day, this thing is going to go vertical into the millions USD and $10K will seem like a dream. I don't know if that'll be in 2020 or 2035 or whatever, but I'm not ruling out 2020 yet.

[shoreno]

It is hard to predict the market movement as there are lot of development that are now happening in the Crypto space like stolen cryptos, scam investments and many more in which may affect the market movent all the time.

That is not what you call a development because afaik development means something good or positive but the ones that you mentioned above are already considered as an issue or problems that we usually faced on the crypto world  . if you can see such issue occur then you can also easily predict that the value of cryptos will fall  .

 the opposite thing happen if you see a good news which means the value of cryptos expected to increase  . its not really that hard to predict the market movement .

[EdenHazard]

We can still expect more from cryptocurrency, bitcoin will grow slowly and the future is bright. I agree that we already have the assurance and we are looking forward for that price. Don’t hurry because you might miss this cheap level when the price climb up, practice patience always and expect for good price in long term.

Recently I read an article that stated if bitcoin price has touched $10.000 then its price will be easy to grow up until its price touch $40.000 according to Thomas Lee. I saw the movement price bitcoin in a few weeks ago and I have a same think as Thomas Lee. Because the price bitcoin always showing to the price up, for an instance when its price dropped till 5% then it needs a several hours for the price went up again. This situation is really different from 2018 ago, at that time we just rely on fear when did trading or investing.

[Cherylstar86]

We are only on developing stage if you are longterm holder this price of Bitcoin is too cheap compare to 2017 bull run or the all time high. Most of us want to see Bitcoin going back to its all time high if Bitcoin break the $10,000 we will see a new all time high my prediction before ths end of this year the price will touch the $15k level before breaking its all time high and 2020 halving will pushing bitcoin to $30k.

 I am still positive about the outgrow of bitcoin even its current price is bouncing $7k. Perhaps, bitcoin has shown promising and carrying huge potential in crypto market which most people had keep and resemble this asset even it is too risky.

[michellee]

We are only on developing stage if you are longterm holder this price of Bitcoin is too cheap compare to 2017 bull run or the all time high. Most of us want to see Bitcoin going back to its all time high if Bitcoin break the $10,000 we will see a new all time high my prediction before ths end of this year the price will touch the $15k level before breaking its all time high and 2020 halving will pushing bitcoin to $30k.

 I am still positive about the outgrow of bitcoin even its current price is bouncing $7k. Perhaps, bitcoin has shown promising and carrying huge potential in crypto market which most people had keep and resemble this asset even it is too risky.

Bitcoin will increase at the right time, although the price still up and down until now. But we have a chance to buy bitcoin at the low price because when the price is down, that means, our chance to get bitcoin will be there, and I think many people will use the chance too. We could expect more from bitcoin especially we believe that bitcoin price will increase higher in the future and many of us still believe that the price can increase higher in this year and the next year.

[goaldigger]

Can we still expect more from bitcoin?

For the past few weeks now we can see that bitcoin shifted up little bit and its more than $8000,this is really great for we have waited for a while for improvement on bitcoin.  But are we going to see more of the increase as its going or it will run around $8000 plus?

Bitcoin doesnt fail me upto this point and still i would say that i will expect and stay with bitcoin for a lot of years in the future. Value wise, even though it doesnt reach its peak price yet, its progress among country's adoptation is  on a good point. Bitcoin will continue to go upward and i believe it

[beerlover]

In the short term or long term? In the short term it is undecided what direction we will go, many people say we will be going up because we went down a lot already from over 9 thousand dollar levels but then we stopped and not going any lower which might be the signal that bitcoin is not willing to go any lower and this is the bottom for now and we will go up from here.

But, some people say that bitcoin always goes down a bit first then wait and go down again later doing this until we hit further bottom. Now, we have to see if it goes down again then we still have a way to go but if it goes up then this was the most recent bottom. However, if we are talking about long term I can see bitcoin existing another 50 years at least and it will surely be x100 of what it is today.

[jossiel]

Yes and this is what I believe that the market can show us more but it takes time to move to the next higher level. You need more patient so that your expectation will be met in the future, how much your expectation is for bitcoin after few years? maybe after 2-5 years?

It's difficult to make predictions, but Bitcoin has reached its highest point in 2017, so I think Bitcoin will be able to achieve it again, and the problem is only time.

History to repeat itself and it's likely that it can go more. Most predictions tell that it can go higher than the peak of 2017.

I dont think we have to base everything on btc history. Because even if it wont achieve previous success, it is still profitable even higher than previous years. there are always changes even in just 1 week. With high investment, profit can be made in a weekly basis. Rather than waiting for just one time big time profit.

But why not? most of the predictions were basing their analysis with the past and the patterns that we've seen from older years. You just can't say that people should stop holding because we are all aiming to have that kind of one time big time profit.

Everyone has his own satisfaction if he's up to weekly trading or not. Expecting that you can earn more by holding long term, then just do it. There's no problem on where of the two you prefer.

[el kaka22]

I think we should not expect more from bitcoin but expect more from the community behind it. What I always wanted to make people focus that during 2018 there was a lot of talks about how bitcoin was on a bear run and price went from 20k to 3k and everyone was sad but at the same time there was a lot of companies investing millions of dollars into crypto related business which means the community and business' behind bitcoin got bigger and bigger. They believed the true form of making money from bitcoin wasn't investing into bitcoin but investing into the infrastructure of bitcoins community.

Nowadays we do not see those investments because rich people prefer to put their money directly bitcoin and profit, that will not result with anything good in the long run.

[omonuyak]

I did not see the current sideway trending as the limit for bitcoin based on the current market conditions. I Strongly believe that the big investors are waiting for some trigger for the next bull run and we are to expect that any moment from now. I personally did not see the current price as the trend reversal level and I expect bitcoin to be in overbought around $10000.

[yohananaomi]

Can we still expect more from bitcoin?

This is a question that is apathetic and is not sure of the toughness that bitcoin has. obviously bitcoin is still the best at this time even though many altcoins are growing well.

For the past few weeks now we can see that bitcoin shifted up little bit and its more than $8000,this is really great for we have waited for a while for improvement on bitcoin.  But are we going to see more of the increase as its going or it will run around $8000 plus?

The movement of bitcoin is very positive and currently moves up and down between $ 7K to more than $ 8K. it still needs more time to be able to return to being stable and strong, but in that direction it has been seen and the movement of the day is getting better and optimistic that bitcoin will continue to move up.

[munify]

There will always be hope of bitcoin, bitcoin travel will be better for this year, and although the increase in bitcoin is slow, there will be hope to benefit from bitcoin.

[Boh manok]

If we expect the price of bitcoin will continue to rise may be due to the increase in the price of bitcoin, but if we expect success with the existence of bitcoin, maybe we will look a little more stupid because the success is in what choices we will make so we succeed,  then work hard to achieve what we want

[romero121]

It is better not to expect anything from bitcoin, with the past growth bitcoin has attained one can just believe the reality that can happen with bitcoin in the Short or in the long run. When expectations gets coincided it makes us happy and when goes away leads to disappointment.

It is a good choice to be prepared for the worst market situation, with that even a small level of growth will make a big change on our holdings or to the portfolio. As the market has been getting widened even the unreachable expectations too could come true in future.

[posi]

For the past few weeks now we can see that bitcoin shifted up little bit and its more than $8000,this is really great for we have waited for a while for improvement on bitcoin.  But are we going to see more of the increase as its going or it will run around $8000 plus?

The movement of bitcoin is very positive and currently moves up and down between $ 7K to more than $ 8K. it still needs more time to be able to return to being stable and strong, but in that direction it has been seen and the movement of the day is getting better and optimistic that bitcoin will continue to move up.

I believe the major reason why the above user ask such question was because he was expecting too much from Bitcoin market while ignore the challenges which the coin usually overcome every day, every months etc and there's no way ones will make the best out of every moment if act like that cause his hope were all on the total bullish market.

[Distinctin]

It is better not to expect anything from bitcoin, ...

Can't do that, I am expecting a lot in bitcoin that is why I am investing on it.
My expectation is for long term since I believe if the market matures, that's the time bitcoin will be consistently rising as we cannot stop the demand in the market.

[BitHodler]

They believed the true form of making money from bitcoin wasn't investing into bitcoin but investing into the infrastructure of bitcoins community.

I think they do this so that they have something in their portfolio that generates revenue and profit streams, because just holding Bitcoin doesn't yield you anything other than more or less on-paper value.

With how much growth this whole ecosystem can still go through it doesn't surprise me that investors go for what they consider the safest option, and it still allows them to gain that exposure to crypto. Win win I would say.

Nowadays we do not see those investments because rich people prefer to put their money directly bitcoin and profit, that will not result with anything good in the long run.

Are you sure about that? You may not see investments in startups and whatnot, but they are still happening and more money than ever before is involved if you look at it from a year to year perspective.

[Farma]

It is better not to expect anything from bitcoin, ...

Can't do that, I am expecting a lot in bitcoin that is why I am investing on it.
My expectation is for long term since I believe if the market matures, that's the time bitcoin will be consistently rising as we cannot stop the demand in the market.

when you don't expect anything from bitcoin, I think your enthusiasm for gathering will decrease. well, until now, I still really hope the price of bitcoin becomes very high. I believe in its potential. although the increase is not so fast, however, little by little, the bitcoin price will definitely be higher.

[Barbut]

This is only the beginning! With that in mind, how to not be positive about bitcoin future? So many things achieved in just 10 years, every start is hard and I think the worst is behind us. The next 10 years bitcoin will grow faster, we now have so many people in cryptocurrencies, the word is spread and now we are watching giants joining too. We waited for this moment, and now way to the moon is clear.