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Author Topic: history loves repeating itself. the only question is when!  (Read 938 times)
cryptoknightt
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October 18, 2020, 03:37:06 PM
 #61

well that's what we mean, no one knows for sure when it will happen.
people can only predict based on what has happened.
but the reality is sometimes different and will not always be the same, although in general it will imitate previous history

That's why many of us are expecting a new rise in the price of cryptocurrencies! To then compare with the past... I am convinced that history repeats itself and will surely repeat itself once again! The main thing is to use all the past experience next time! Grin

that's true, but what we don't know is how big the increase and decrease will be in the future.
That is why many people are always wrong in predicting, but if they set a target then they will not be confused about making choices when it happens.
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October 18, 2020, 04:17:24 PM
 #62

The real question is when will it break free?
The market seems ready. The whales have accumulated enough and weak hands are getting FOMO_y to start buying again.
I say thinks are looking good...
For me, the real excitement comes with altcoins soaring once the unrestricted bull run begins for Bitcoin. This is what some of the investors are going to be looking at too. We saw it with the 2017 FOMO and that helped altcoins gain momentum. Almost anything that was crypto on the market had a great run. I have observed this in the past and usually it went with the post Bitcoin halving year. I expect a huge break next year. The price can play around that 11,000 — $15,000 to main relative stability until 2021. It's going to be an interesting time going forward.

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October 18, 2020, 07:27:26 PM
 #63

I don't see that the price will repeat itself, and I guess history doesn't repeat itself, but as a matter of fact, history rhymes.

This is a good example.
We can consider this as history that is always repeating when someone is trying to speculate the Bitcoin to increase. And then, as history goes, Bitcoin might decrease or increase. If it decreases, people remain their hope. When it increases, people that did not believe regrets missing it.

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October 19, 2020, 05:43:41 AM
 #64

When you are a long term holder the "when" doesn't matter because you will hit it definitely when you are investing for years after years even maybe over decade so you could definitely hit it when you wait that much. People assume that when you trade daily you could hit big but the real big winners are the people who wait. You want to make a little profit by buying and selling?

Well, the guy who bought bitcoin 5 years ago and still keeps it made thousands of percent profit, if you bought even earlier it is crazy record breaking deal.

So instead of getting rushed, just buy bitcoin and hold it for 10 years and you will definitely end up with huuuge returns like 2017 once again. Long term investment consists of downs and ups, so if you want highest of ups, just invest and forget until that moment comes.
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October 20, 2020, 02:59:39 PM
 #65

In the current situation, I don't think the price of Bitcoin will increase or decrease at once.  The price of Bitcoin will continue to fluctuate in an equilibrium.  Again I think it takes a little more time for the price to rise very quickly again.

I do expect that a bull run is around to come at anytime soon. The season is getting turned on because of the end of the year.
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October 20, 2020, 03:07:47 PM
 #66

In the current situation, I don't think the price of Bitcoin will increase or decrease at once.  The price of Bitcoin will continue to fluctuate in an equilibrium.  Again I think it takes a little more time for the price to rise very quickly again.

I do expect that a bull run is around to come at anytime soon. The season is getting turned on because of the end of the year. Volatility is the next to follow just as it happened in 2017. This year may not have been uptrend from beginning but it seem it has taken another turn.
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October 20, 2020, 04:12:17 PM
Last edit: June 12, 2023, 02:28:44 AM by STT
 #67

I have to post what appears to be quite a bullish rise above previously negative or declining highs, the only thing missing is higher volume but still BTC can often drift higher and seems thats its mood right now.



Its sure to be scaring a few short to close right now and theres only really the recent high of about 12490 or similar to keep resistance in play as an idea.

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Fundamentals Of
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October 20, 2020, 05:47:08 PM
 #68

Bitcoin's price history is going to come back. That is something definitely happening. But I don't think this is it. It might happen within the year or in the first quarter of next year, we don't know. But this specific sudden rise of the price may not exactly be the cue. I guess this is largely due to the sudden inflow of large investment funds especially Twitter's Jack. We'll see in the coming days if this particular pump holds.
Having no assurance of when will such thing happen means there's also no certainty.

The uncertainty is on the when and not on whether or not the history of Bitcoin's higher price or bull run will come back. There is one hundred percent certainty that it will happen. As of this moment there is a sort of a cue that Bitcoin will rise above $12,000 anytime soon. The expectation that Bitcoin will break $11,800 if it breaks $11,500 has already happened. We are just waiting for the price to hit $12,000 any minute from now.
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October 21, 2020, 02:08:46 PM
 #69

so far there has been a very good momentum in the market and new highs are being set one after the other. with today's breakout above the $12.5k mark the confidence in the rise is also increasing as shorts are being closed, money is being pulled out of altcoin market and the bitcoin trading volume keeps increasing.


There is a FOMO brewing...
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October 23, 2020, 01:44:43 AM
 #70

In the current situation, I don't think the price of Bitcoin will increase or decrease at once.  The price of Bitcoin will continue to fluctuate in an equilibrium.  Again I think it takes a little more time for the price to rise very quickly again.

The PayPal news made the price to move forward, I just woke up to see the price with a big pump and I said to myself there should a big reason or news why the price is pumping and then I got this Paypal new and I'm sure that this news contributed the rise of the price, we can still hope the price to still go up to $15000, whales are still buying and and as whales bought more people will likely follow.

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October 23, 2020, 03:53:09 AM
 #71

In the current situation, I don't think the price of Bitcoin will increase or decrease at once.  The price of Bitcoin will continue to fluctuate in an equilibrium.  Again I think it takes a little more time for the price to rise very quickly again.

I do expect that a bull run is around to come at anytime soon. The season is getting turned on because of the end of the year. Volatility is the next to follow just as it happened in 2017. This year may not have been uptrend from beginning but it seem it has taken another turn.

I think the price is doing well.

I don't wait for the bull to come, as long as the price is making great changes, that is fine by me. It is been like this for a while now and I think this would continue for a period of time so as long as we are still here, people should not wait for a better price, do what you can do to take this opportunity because we never know what will happen in the future.
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October 23, 2020, 04:10:24 AM
 #72

In the current situation, I don't think the price of Bitcoin will increase or decrease at once.  The price of Bitcoin will continue to fluctuate in an equilibrium.  Again I think it takes a little more time for the price to rise very quickly again.

The PayPal news made the price to move forward, I just woke up to see the price with a big pump and I said to myself there should a big reason or news why the price is pumping and then I got this Paypal new and I'm sure that this news contributed the rise of the price, we can still hope the price to still go up to $15000, whales are still buying and and as whales bought more people will likely follow.
I also think the paypal news has an impact on price, its the reason why the value is moving upward. However we know when there's a price increase, correction is also possible to happen due to some investors taking advantage the increase.

Anyways its good to see the price increasing, if this continue for few days then it is not impossible that we might reach the $15k value like what you predicted.

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October 24, 2020, 09:59:06 PM
 #73

I also think the paypal news has an impact on price, its the reason why the value is moving upward. However we know when there's a price increase, correction is also possible to happen due to some investors taking advantage the increase.

Anyways its good to see the price increasing, if this continue for few days then it is not impossible that we might reach the $15k value like what you predicted.
The impact of Paypal announcing users to hold 4 crypto mainly BCH, BTC, ETH and LTC has a huge impact indeed and it cannot be understated because a lot of investors were always hesitant to use bitcoins and now more and more big investors are moving into the crypto market after the amazing Pyapal move. I am not sure when this will be implemented or it is already implemented because I don't use paypal at all but I do know how big an impact such move will have on the prices as we already see it.

Not sure about history repeating itself and if the all time maximum price will be reached but we are looking at a solid growth and that too at times when other markets are falling apart and even hard to maintain their value let alone any positive movement at all.

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October 25, 2020, 07:07:26 PM
 #74

I do expect that a bull run is around to come at anytime soon. The season is getting turned on because of the end of the year. Volatility is the next to follow just as it happened in 2017. This year may not have been uptrend from beginning but it seem it has taken another turn.
Someone as experienced as you and who has 1400+ posts on forum I am really surprised why do you reply the same post twice in consecutive posts because you can easily give one answer and since you are replying to the same post. Please avoid this in future because this is normally considered as spam and not something appreciated by anyone.

I do expect that a bull run is around to come at anytime soon. The season is getting turned on because of the end of the year.
You might have a point actually and there is always a positive movement in the charts around late every year in Q4. But this time I feel like the price is going up for a reason and this might be because the investors are coming back into crypto after selling it earlier this year when everyone suffered and a lot of investors sold their assets to maintain their fiat portfolios and now they are getting back into action.
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October 25, 2020, 09:31:04 PM
 #75

I don't see that the price will repeat itself, and I guess history doesn't repeat itself, but as a matter of fact, history rhymes.
Maybe now you see as we already are surging towards the 15k mark soon in few months maybe we should touch it and the ATH is not far away now.

We can consider this as history that is always repeating when someone is trying to speculate the Bitcoin to increase. And then, as history goes, Bitcoin might decrease or increase. If it decreases, people remain their hope. When it increases, people that did not believe regrets missing it.
This is so true and still a better love story than Twilight. I mean all of us know that when the price drops it is only going to be temporary but still everyone panics and the truth is a lot of us even end of selling some coins in the chaos. I myself when was new to this market I used to panic too soon but with time I have learned that the drops in price are temporary and so are the sharp hikes because they get settled down to an average amount soon.

Smart investors and traders are those who learn this market pattern and instead of being a victim of FOMO or Panic they make their own decisions because the market is cruel and when price goes down everyone is only talking thrash.

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harizen
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October 25, 2020, 10:22:36 PM
 #76


On every new trend, especially during an upward trend, we keep seeing things like "history repeating itself".

It's a good example for those negative people that even dealing with the bearish market, there are thousands of reasons to believed that BTC will soon rise. Unfortunately, even with this repetitive performance, there are still lots of people that don't know what kind of approach should they do. Back in below $10,000 for example, there are lots of people anticipated that price will decrease more so they will wait until ..... that's it.

Doesn't matter when will be the next pump. As much as possible, people should always accumualte BTC as much as they can no matter the price entry level is.

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Jating
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October 26, 2020, 12:25:35 PM
 #77

It's a good example for those negative people that even dealing with the bearish market, there are thousands of reasons to believed that BTC will soon rise. Unfortunately, even with this repetitive performance, there are still lots of people that don't know what kind of approach should they do. Back in below $10,000 for example, there are lots of people anticipated that price will decrease more so they will wait until ..... that's it.

Even though that we are in a sort of bull run, we are going to hear some people bad mouthing bitcoin in every angle as they have their own intentions, maybe they want to pull the market down again or simply they are no-coiner and old and traditional like Warren Buffett.

Doesn't matter when will be the next pump. As much as possible, people should always accumualte BTC as much as they can no matter the price entry level is.

Yeah, period of accumulation is around $9k-$10k, and I'm sure there are investors who have filled their bags already. While others are left behind, but they still have some time, but it might take sometime because the price is already $13k and going up. But then again, it really doesn't matter, imagine the price going to $40k-$50k, still a lot of profits to be made.
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October 26, 2020, 02:15:11 PM
 #78

It seem's to be true and it always make the price go higher so I wouldn't be surprised when one day we could see it at $20K or even $30K mark and people are still crying that it is the end of it LOL.
It is funny how we have been having a high price and every time the price drops down people get carried away and talks about the end of crypto.

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October 29, 2020, 05:14:14 PM
 #79

so far the repetition of the history has been on point. it is not just the price either it is all the movements down to the general sentiment of people around the web. it is making a nice shift from the "it is too hard to reach $10k by the end of 2020" to "new ATH in 2020 is easy".
these are all signals for the start of the big bull run which should be very similar to the start of 2017.
my guess is that the next bubble isn't that far. we can easily see it by mid 2021.

There is a FOMO brewing...
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October 30, 2020, 12:38:10 PM
 #80

when you say so,is it really exactly the same?. because the news or whatever that affects the price of bitcoin every year is not the same. for example bitcoin is now being adopted by paypal, which in previous years this never happened. so whether it will be exactly the same as the previous year's chart history. Huh

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