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[AudraMiller]

The price of Bitcoin has significantly increased over the last year and if we have to compare the price of Bitcoin from the 4th of July 2020 to the 4th of July of this year there's a total increase of 288 percent. This is a massive rise in the price of Bitcoin considering the fact that currently we are experiencing a major dip in price of Bitcoin. And if we have to consider the price at bitcoins peak there will be a much greater increase. Do you think we can expect to see a similar increase over the next year?

 

[leithy]

To get another such increase there needs to be a lot of buying to push up the price. This relies on the confidence of potential buyers to take the risk. Many will probably wait until they see a definite rising graph before buying.

 

[CryptoStar19]

Certainly possible. Most experts in the space believe the bull-market remains intact, and whether we see a similar rise in value from current levels depends on the bull-market resuming into the second half of the current year.

 

[LutherKing]

Yes , You can expect it to be increasing in the long term graph and more countries to get involved in it , at the moment , its just an start to the actual match preparation

 

[Review]

Do you know some thing about bull run or bull season ? If you then you should know that bull season do not come every year and every year bitcoin can not pump like this year pumped .. Look back to 2017 and the price of bitcoin increase because that was the bull season that time .. You can expect next bull market will come again two years later but as it depends on market manipulation so this can happen in any year too!

The price of Bitcoin has significantly increased over th e last year and if we have to compare the price of Bitcoin from the 4th of July 2020 to the 4th of July of this year there's a total increase of 288 percent. This is a massive rise in the price of Bitcoin considering the fact that currently we are experiencing a major dip in price of Bitcoin. And if we have to consider the price at bitcoins peak there will be a much greater increase. Do you think we can expect to see a similar increase over the next year?

 

[Josemendez]

The price of Bitcoin has significantly increased over the last year and if we have to compare the price of Bitcoin from the 4th of July 2020 to the 4th of July of this year there's a total increase of 288 percent. This is a massive rise in the price of Bitcoin considering the fact that currently we are experiencing a major dip in price of Bitcoin. And if we have to consider the price at bitcoins peak there will be a much greater increase. Do you think we can expect to see a similar increase over the next year?

Undoubtedly this is true but considering the fact that rise was later followed by a great fall , one is left to ponder on what becomes of bitcoin afterwards

 

[Review]

Undoubtedly this is true but considering the fact that rise was later followed by a great fall , one is left to ponder on what becomes of bitcoin afterwards

True! The covid had downed the market too much which was out of any one control but as soon it come on control then market start to go though on BULL situation .. This was really a cool year but this also indicate that the next bull will be more surprising!

 

[Niftyicon]

True! The covid had downed the market too much which was out of any one control but as soon it come on control then market start to go though on BULL situation .. This was really a cool year but this also indicate that the next bull will be more surprising!

More surprising, I agree but the time may not be so near as readily predicted by many individuals. From history, I think this bearish period may last for a year or thereabouts.

 

[Brain]

With Bitcoin and crypto currency in general we should always expect anything either an increase or a decrease in the price. It is just to study the market to understand better

 

[Wisdom01]

This year Bitcoin looks very promising ,there are more increase that yet to come despite it reaching $60k I still see it reaching $80k very soon

 

[Mariappa45]

Massive increase indeed within the space of 365 days during the time this thread was made, and not with the current price of BTC. BTC have lowered back to $48k, which isn't up to that figure anymore. But I believe in the next few weeks the whales gonna pump it to touch up to the previous benchmark of 70,000$.

 

[AudraMiller]

Massive increase indeed within the space of 365 days during the time this thread was made, and not with the current price of BTC. BTC have lowered back to $48k, which isn't up to that figure anymore. But I believe in the next few weeks the whales gonna pump it to touch up to the previous benchmark of 70,000$.

The price of Bitcoin is always going to see fluctuations and that is simply the nature when it comes to decentralized financial systems because it is only dependent on the supply and the demand of the cryptocurrency coin and therefore it will cause the coin price to increase and decrease over the course of a year.

 

[Mariappa45]

The price of Bitcoin is always going to see fluctuations and that is simply the nature when it comes to decentralized financial systems because it is only dependent on the supply and the demand of the cryptocurrency coin and therefore it will cause the coin price to increase and decrease over the course of a year.

That's for sure, it is created to be volatile in nature. That nature of volatility will always drive the coin to reach a very high level, and at same time too drive the price low. Such makes people to always wanting cryptocurrency as means of income on-line.

 

[unhappytriad]

The price of Bitcoin has significantly increased over the last year and if we have to compare the price of Bitcoin from the 4th of July 2020 to the 4th of July of this year there's a total increase of 288 percent. This is a massive rise in the price of Bitcoin considering the fact that currently we are experiencing a major dip in price of Bitcoin. And if we have to consider the price at bitcoins peak there will be a much greater increase. Do you think we can expect to see a similar increase over the next year?

Bitcoin is still subject to further growth. Don't know what the police will be next year but I know the growth this year was way more than expected. This has made authorities to see it as a threat to their local currency. Further growth now depends on government restrictions. If continuous ban persist and the constant fud btc may not hit the $100k target.

 

[AudraMiller]

Bitcoin is still subject to further growth. Don't know what the police will be next year but I know the growth this year was way more than expected. This has made authorities to see it as a threat to their local currency. Further growth now depends on government restrictions. If continuous ban persist and the constant fud btc may not hit the $100k target.

The growth that we saw in the Bitcoin price over the course of this year was very large compared to what many people expected in such a short period of time and I think that it is a very delayed reaction to the limiting after bitcoin supply that is being entered into the market based on mining facilities and perhaps this could have increased the price quite substantially.

 

[AudraMiller]

That's for sure, it is created to be volatile in nature. That nature of volatility will always drive the coin to reach a very high level, and at same time too drive the price low. Such makes people to always wanting cryptocurrency as means of income on-line.

Cryptocurrency volatility is very important when it comes to trading in any cryptocurrency coin because if the price does not fluctuate over the course of the day then you're not actually going to have any opportunities to buy and resell. Therefore I think that we should look for the coin with the most volatility in order to get the most profit.

 

[unhappytriad]

The growth that we saw in the Bitcoin price over the course of this year was very large compared to what many people expected in such a short period of time and I think that it is a very delayed reaction to the limiting after bitcoin supply that is being entered into the market based on mining facilities and perhaps this could have increased the price quite substantially.

Yeah true. Many people became aware of it and the demand soar but now I kind of hate Bitcoin. It is even now more annoying that other altecoins are coupled to it. Ones there is a downtrend all the others fall remarkably.
I hope this changes soon because the Market fluctuations is really crazy.

 

[AudraMiller]

Yeah true. Many people became aware of it and the demand soar but now I kind of hate Bitcoin. It is even now more annoying that other altecoins are coupled to it. Ones there is a downtrend all the others fall remarkably.
I hope this changes soon because the Market fluctuations is really crazy.

The one thing that I have stayed away from when it comes to the cryptocurrency market recently is Bitcoin because I think that there is a lot of other coins that are out there that have better potential if you are looking for a smaller investment however if you have a large amount but you are looking to invest then I think that bitcoin is the way to go.

 

[unhappytriad]

The one thing that I have stayed away from when it comes to the cryptocurrency market recently is Bitcoin because I think that there is a lot of other coins that are out there that have better potential if you are looking for a smaller investment however if you have a large amount but you are looking to invest then I think that bitcoin is the way to go.

I am not a huge investor sadly. The good thing about bitcoin is that you are sure it will go back to former price even if it goes down but those altecoins. I invested in one of recent, it's a new project. I thought it had potential only to see my money turn to zero.
True other coins with low marketcap are better for small investors

 

[AudraMiller]

I am not a huge investor sadly. The good thing about bitcoin is that you are sure it will go back to former price even if it goes down but those altecoins. I invested in one of recent, it's a new project. I thought it had potential only to see my money turn to zero.
True other coins with low marketcap are better for small investors

It is a good idea for small investors, however personally if i am looking at a small investor then i would much rather invest in a coin like ripple or maybe even dogecoin because i think that the coins are at an affordable price that will be able to help me in the future if there is a rise in price.