Honestly, in 2011 it went from pennies to $20, then back down to $4. In 2013 it went from $4 to $200, back down to $60 ish and then up to $1000 and then back down to $300. It fluctuated a few times before 2017 when it went to $20,000 and then back down to $6000… All of those previous swings are larger than the swings we’re seeing now. Now everyone is acting like the sky is falling because it lost half it’s value from peak, even though we’ve seen worse swings than this. Due to past trends, I legitimately think we’ll see it go up to $50,000 or even $100,000 before it tanks back down to $20,000 ish. If that happens, I think we’ll see people say the same thing that they’re saying now; “Bitcoin lost so much value, it’s finished,” just like they’re doing now, and I think they’ll be just as wrong that time too.
I think you might be right. If Bitcoin starts rising for real again, media will start covering it again. People who held will be convinced hodling was the only right move. People who sold high will probably sell high again. The sceptics will be more sceptic than ever and the whole cycle will probably repeat at a larger scale. Maybe.
@vaibhavlakshmi I totally agree with you. Today world'd oldest known crypto exchange BTC china is back in business. HUGE positive news for all of us.Bitcoin already jumped above 6600+ and like your name Vaibhav means abundance and lakshmi = Goddess of Money , crypto will bring us both i.e. abundance and money.
thanks @xoxoxoxo such a lovely explanation of my name,your agree is also to bepositive btc come again and go up to market at 60000 dolars..keep hold ur btc
HI ..!
Sorry for interfere but i want to share a positive think with all of you...!
My friend who suggested to come and work on steem. He had told me firmly
"A day will come when the steemians are enjoying more earning then other's...!!" @sems41
I hear talk of bitcoin hitting upwards of 30K this year but as @steemero says, who can honestly predict what it's going to do? Cryptocurrency is volatile as can be, so as long as you don't hope for a quick return you will do alright.
@chabartist btc will up soon if u see on weekend its goes to 6200
i am agree with you..now china market also come so defintlybtc will groom soon
Bitcoin future prediction:
Honestly, in 2011 it went from pennies to $20, then back down to $4. In 2013 it went from $4 to $200, back down to $60 ish and then up to $1000 and then back down to $300. It fluctuated a few times before 2017 when it went to $20,000 and then back down to $6000… All of those previous swings are larger than the swings we’re seeing now. Now everyone is acting like the sky is falling because it lost half it’s value from peak, even though we’ve seen worse swings than this. Due to past trends, I legitimately think we’ll see it go up to $50,000 or even $100,000 before it tanks back down to $20,000 ish. If that happens, I think we’ll see people say the same thing that they’re saying now; “Bitcoin lost so much value, it’s finished,” just like they’re doing now, and I think they’ll be just as wrong that time too.
I think you might be right. If Bitcoin starts rising for real again, media will start covering it again. People who held will be convinced hodling was the only right move. People who sold high will probably sell high again. The sceptics will be more sceptic than ever and the whole cycle will probably repeat at a larger scale. Maybe.
yes @oyvindsabo buddy dec 018 onwrds btc goes to 60000 dollars keep hold ur coin
@vaibhavlakshmi I totally agree with you. Today world'd oldest known crypto exchange BTC china is back in business. HUGE positive news for all of us.Bitcoin already jumped above 6600+ and like your name Vaibhav means abundance and lakshmi = Goddess of Money , crypto will bring us both i.e. abundance and money.
thanks @xoxoxoxo such a lovely explanation of my name,your agree is also to bepositive btc come again and go up to market at 60000 dolars..keep hold ur btc
@vaibhavlakshmi very nice keep eyes on market....
pls follow me and upvote me... i do the same
Source
Leaving comments asking for votes, follows, or other self promotional messages could be seen as spam.
More Information:
The Art of Commenting
Comment Classifications
What is bitcoin Cash.. Is this replace real bitcoin???
It's an alternative but I do not believe it's a replace @handicraft
'Join my group for daily 100 upvote
Only upvoter join this non upvoter not allow
And do not post before 100 people join
https://chat.whatsapp.com/Inak2ToILqpDgz2TR99ap9
I also wish it happens soon.
@chbartist sir good news bull run comeing soon.........
Good news will be available in just a short time!`
HI ..!
Sorry for interfere but i want to share a positive think with all of you...!
My friend who suggested to come and work on steem. He had told me firmly
"A day will come when the steemians are enjoying more earning then other's...!!"
@sems41
This is very good Platform , I am new here.
Welcom on steemit platform.
you also welcome !!!
May you enjoy the platform.
@sems41
well come to u @ajitumat...
i follow u pls follow me and upvote me...thanks
yes sure ..
thanks @chbartist ...
yes true its time to invest and hold the crypto.... @chbartist
I am investing using dollar cost averaging technique..but only that amount which if i lose should not hurt much
Do you think the price of Bitcoin at the end of this year can be reach $20K?
Who can predict? There is no way to predict crypto due to volatile nature
No, Bitcoin (BTC) will fall below $5k at exactly November 2018. This is my crypto prophecy. Mark my words and profile.
I hear talk of bitcoin hitting upwards of 30K this year but as @steemero says, who can honestly predict what it's going to do? Cryptocurrency is volatile as can be, so as long as you don't hope for a quick return you will do alright.
Maybe 2019!
Do you think you'll also look into other cryptocurrencies like ArtByte? :)
U r right sir......but I think market go down again 10-12% and then take a 25% jump.
Sure its time to convert fiat into crypto
what do you think how much take time the market goes up ??