Will Bitcoin continue to rise?

rayfordadam

Junior member
17 0
The Bitcoin is reaching $10,000 again.

Personally, I think cryptos will be the future, even some countries already banned them, like China and South Korea.

Recently, an news shaped my eyes again, it said that the investment banking powerhouse Goldman Sachs will start trading Bitcoin futures using its own money. Bitcoin (BTC.X): will this rally sustain?

Do you think bitcoin will continue to increase?
Daily, I analyze top 20 Cryptocurrencies, and from last many weeks bitcoin price going down.

Yes, you are right some countries banned bitcoin maybe this is the reason bitcoin price going drop in 2018, but I hope 2019 will be the best year for Bitcoin
 

AdamCantor

Junior member
32 3
anyone here in 2019 hoping on Bitcoin to rise once again? I know I am! Anyone have specific views on what will happen and why?
 

AdamCantor

Junior member
32 3
very good point but let's face facts here... noone really has any historical data to go by when it comes to crypto currencies and the direction they will go in, so it is near on impossible to predict the movement of bitcoin... I don't think anyone taking trading seriously would want to use 'hope' as a strategy out of choice haha :)
 

NVP

Legendary member
36,622 1,859
many do....believe me...
 

Akinozragore

Junior member
43 4
anyone here in 2019 hoping on Bitcoin to rise once again? I know I am! Anyone have specific views on what will happen and why?
I still believe in the crypto industry and bitcoin is its main symbol. When people will trust crypto again, bitcoin will jump up. And people will believe in cryptocurrencies, once they understand full technological potential behind it. A lot of people already understood this and slowly start buying bitcoins and other worthy coins, once they are down. But for real bullish trend, crowd should believe in it, but not just a small part of quirky people. At the end of 2017 crowd teared off the bitcoins, even without understanding what it really is. Dummies went chasing after easy money and lose up 70-80%. Of course, you need some time to recover after it :) I mean, that the period of crazy hype is over, and we need to wait for adequate and meaningful interest. Despite the cryptomarket downturns, there is enough of blockchain startups, which offer some very cool solutions. The funniest is that despite its technological backwardness bitcoin still will grow on the background of positive new in this industry. At least I think so :)
 
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AdamCantor

Junior member
32 3
I still believe in the crypto industry and bitcoin is its main symbol. When people will trust crypto again, bitcoin will jump up. And people will believe in cryptocurrencies, once they understand full technological potential behind it. A lot of people already understood this and slowly start buying bitcoins and other worthy coins, once they are down. But for real bullish trend, crowd should believe in it, but not just a small part of quirky people. At the end of 2017 crowd teared off the bitcoins, even without understanding what it really is. Dummies went chasing after easy money and lose up 70-80%. Of course, you need some time to recover after it :) I mean, that the period of crazy hype is over, and we need to wait for adequate and meaningful interest. Despite the cryptomarket downturns, there is enough of blockchain startups, which offer some very cool solutions. The funniest is that despite its technological backwardness bitcoin still will grow on the background of positive new in this industry. At least I think so :)

i totally agree with you here. I think cryptos are here to stay.... let's hope so !
 

Silverston

Junior member
30 5
i totally agree with you here. I think cryptos are here to stay.... let's hope so !
Agree, was sceptical until looked into cryptosphere more. There are millions signing up for services like DENT, mobile phone data exchange, BAT, Brave browser for example who will find themselves holding crypto by default of using these new services - many will then join up for crypto exchanges to exchange these tokens and withdraw for 'real cash.' The nature of crypto space is mainly speculative until now - but this will change in time as people actually start using services with embedded crypto (not necessarily Bitcoin).

Add the fact the nature of the crypto markets is speculative, such that it is inconceivable there will not be another upcycle.

When this time comes, it may be a year or two or even more, but when it does, the flood of speculative money into Bitcoin and the cryptosphere generally will dwarf anything to date, I mean the institutional players are not even much involved yet. Can you afford not to hold at least a little crypto, even if you write it off as an 'expense'?
 
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AdamCantor

Junior member
32 3
Agree, was sceptical until looked into cryptosphere more. There are millions signing up for services like DENT, mobile phone data exchange, BAT, Brave browser for example who will find themselves holding crypto by default of using these new services - many will then join up for crypto exchanges to exchange these tokens and withdraw for 'real cash.' The nature of crypto space is mainly speculative until now - but this will change in time as people actually start using services with embedded crypto (not necessarily Bitcoin).

Add the fact the nature of the crypto markets is speculative, such that it is inconceivable there will not be another upcycle.

When this time comes, it may be a year or two or even more, but when it does, the flood of speculative money into Bitcoin and the cryptosphere generally will dwarf anything to date, I mean the institutional players are not even much involved yet. Can you afford not to hold at least a little crypto, even if you write it off as an 'expense'?
very well said here my friend!!! i do hold some crypto (BTC) as well as a small sum of XRP and stellar but i bank on bitocin being the most sucecssful, if at all.
 

Redtoc

Newbie
6 0
It is very difficult to say what will happen at the end of the year. I have been interested in cryptocurrency for more than 2 years, and I learned about Bitcoin from this site https://bitcoinbestbuy.com/tutorials/ and now I’ve been following the price changes for this cryptocurrency.
Over the past few months, the price for it has changed dramatically, and has grown to $ 8.000 and I think it will grow further.
 

Janecki

Newbie
2 1
Rather yes than no. I think it won’t skyrocket as it happened in December 2017. Bitcoin will mature and increase in price steadily. We may experience some local price fluctuations before a sustained uptrend starts. The attitude towards cryptocurrencies is shifting. Financial experts and institutions take bitcoin more seriously. Furthermore, the crypto market is spreading to find new hubs in countries like Nigeria and Australia https://nigeriabitcoincommunity.com/nigeria-and-australia-are-turning-into-crypto-hubs-how-can-this-impact-the-industry/#What_impact_will_this_have_on_the_cryptocurrency_industry that will positively affect. Today Bitcoin is not just an experiment for a group of tech-savvy, it’s the candidate number one to become an alternative payment method that will be accepted worldwide.
 
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bax699

Junior member
12 3
Rather yes than no. I think it won’t skyrocket as it happened in December 2017. Bitcoin will mature and increase in price steadily. We may experience some local price fluctuations before a sustained uptrend starts. The attitude towards cryptocurrencies is shifting. Financial experts and institutions take bitcoin more seriously. Furthermore, the crypto market is spreading to find new hubs in countries like Nigeria and Australia https://nigeriabitcoincommunity.com/nigeria-and-australia-are-turning-into-crypto-hubs-how-can-this-impact-the-industry/#What_impact_will_this_have_on_the_cryptocurrency_industry that will positively affect. Today Bitcoin is not just an experiment for a group of tech-savvy, it’s the candidate number one to become an alternative payment method that will be accepted worldwide.

nice explenation thanks for your input
 

progix

Active member
228 3
No wonders where it will go in future however i have noticed BTCUSD and BTCEUR pair is almost added by many forex brokers which is good as we can make money either it goes up or down by buying or shorting it.
 

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