Will history repeats itself?

[skillex]

With what bitcoin’s pricegraph is showing us, it has a similar or almost parallel pattern the gold has experience before as can be seen in the graph below. Before, when gold was just newly used as a means of payment was just too cheap just like bitcoin was first introduced also.Though, Bitcoin’s worth really is questionable by many since it cannot be a store of value of its extreme volatility when its price moves 20% or more in just a month. So theres really big difference between the two.

But, if ever theres a huge crypto adoption since we are now on this modern era, people are in a rush of everything including transactions so theres no impossible that Bitcoin will be like the gold soon right? Let me know whats on your mind?  

[xtinepink]

Lol! We were just talking about making investments with crypto days ago. Hopefully this year will be a good year for people who invested in the late 2017 when all crypto are still high. 😄 

Excited to see bitcoin slowly going up and hopefully continue to rise in the next days, weeks and months lol

[skillex]

2 minutes ago, xtinepink said:

Lol! We were just talking about making investments with crypto days ago. Hopefully this year will be a good year for people who invested in the late 2017 when all crypto are still high. 😄 

Excited to see bitcoin slowly going up and hopefully continue to rise in the next days, weeks and months lol

Yeah sissy, hoping Bitcoin will be as like gold coz if ever, then this very year will be the start of the price soaring high as what the graph states.  well only time really can tell. 

[KiXxnTRiXx]

Well, theres really no way in knowing for sure, everyone who predicted that BTC was going to bounce back and even hit the moon at over 20k per coin were sadly very wrong.. i also thought the BtC was going to recover  that the influx in price was just temporary and would be stable back at the high range once the dusts settles.. but it kept declining.. never thought it would go down as low as it is now.. but for those that were late in investing in BTC and still optimistic that will it rise again even higher, could at least purchase their coins at a lower price, still a big chunk, but much lower than it was last year...

[Shaniqua]

19 minutes ago, xtinepink said:

Lol! We were just talking about making investments with crypto days ago. Hopefully this year will be a good year for people who invested in the late 2017 when all crypto are still high. 😄 

Excited to see bitcoin slowly going up and hopefully continue to rise in the next days, weeks and months lol

I hope its a good year as well, i wish all the best to you guys and girls in your investments

and in terms of history repeating itself, i dont think there is any sure way of telling, thus i am in agreement with KiXxnTRiXx on this one, there is no sure way to know these things..

all we can do is hope for the best.

[wilbur]

i disposed all my btc balance and i am trying to invest again in btc. mirror imaging pattern you think? 

i hope so

[skillex]

20 minutes ago, Shaniqua said:

I hope its a good year as well, i wish all the best to you guys and girls in your investments

and in terms of history repeating itself, i dont think there is any sure way of telling, thus i am in agreement with KiXxnTRiXx on this one, there is no sure way to know these things..

all we can do is hope for the best.

Thanks girl  you too. Too lucky for those who have a lot of btc left although but for me Im still trying to buying back as hard as I can hehe

7 minutes ago, wilbur said:

i disposed all my btc balance and i am trying to invest again in btc. mirror imaging pattern you think? 

i hope so

Great for you wil if you sold it at high currents. Well goodluck now for buying back. Hoping that its now really the bullrun.  

[polor12]

same as gold.. or comparing it to the spike 2017..

[skillex]

36 minutes ago, KiXxnTRiXx said:

Well, theres really no way in knowing for sure, everyone who predicted that BTC was going to bounce back and even hit the moon at over 20k per coin were sadly very wrong.. i also thought the BtC was going to recover  that the influx in price was just temporary and would be stable back at the high range once the dusts settles.. but it kept declining.. never thought it would go down as low as it is now.. but for those that were late in investing in BTC and still optimistic that will it rise again even higher, could at least purchase their coins at a lower price, still a big chunk, but much lower than it was last year...

Well only time can tell really. But for me I have no doubt btc will soar new heights again.  

[barbaris]

All my investments do not make me happy, only once when Bitcoin was 20k, but will it again.

[Shaniqua]

to be totally frank now that i think about it, ive never really  "invested" in crypto so at the end of the day it doesnt matter what happens for me.

as long as the price does not change too much day to day then i am all good.

only when i buy crypto i buy it to gamble and gamble it all awya 99% of the time

[nuuuitsjdragon]

21 hours ago, skillex said:

With what bitcoin’s pricegraph is showing us, it has a similar or almost parallel pattern the gold has experience before as can be seen in the graph below. Before, when gold was just newly used as a means of payment was just too cheap just like bitcoin was first introduced also.Though, Bitcoin’s worth really is questionable by many since it cannot be a store of value of its extreme volatility when its price moves 20% or more in just a month. So theres really big difference between the two.

But, if ever theres a huge crypto adoption since we are now on this modern era, people are in a rush of everything including transactions so theres no impossible that Bitcoin will be like the gold soon right? Let me know whats on your mind?  

They say history always repeats itself. 

I wonder to what extent... most of these quotes were stated whilst looking back at the past. With our undeniable reliance and weakness to confirmation bias... I can only but hope for the best.

[skillex]

9 minutes ago, nuuuitsjdragon said:

They say history always repeats itself. 

I wonder to what extent... most of these quotes were stated whilst looking back at the past. With our undeniable reliance and weakness to confirmation bias... I can only but hope for the best.

What im referring to is gold's history by the way.

[FotisNt]

Of course. You never know what comes next in the crypto-world.:D

[skillex]

On 2/19/2019 at 10:50 PM, barbaris said:

All my investments do not make me happy, only once when Bitcoin was 20k, but will it again.

We are still at the early age of modern world with digital currency though.I believe there is still best yet to come for crypto as population and mass adoption grows also.

[LUCKMCFLY]

Hello somehow everything repeats, but with different patterns, that is, a period of Accumulation, Bullish Tendency, Distribution, Bearish Tendency, and again Accumulation ... I see it this way, of course, I deduce it because I read Wickoff, Livermore, who were high level speculators and recognition, in the current market, it can be presented under the same conditions .. what do you think?

[skillex]

11 minutes ago, LUCKMCFLY said:

Hello somehow everything repeats, but with different patterns, that is, a period of Accumulation, Bullish Tendency, Distribution, Bearish Tendency, and again Accumulation ... I see it this way, of course, I deduce it because I read Wickoff, Livermore, who were high level speculators and recognition, in the current market, it can be presented under the same conditions .. what do you think?

I agree with what you said. Is that stock currency what Wickoff Livermore is speculating by the way?

And regarding the factors affecting Bitcoin's pattern, you are really right, gold really differs from it since gold has a physical form and didnt experience a predicted or speculated bubble theory though it experience also a bearish situation but above else its a main deal really as a commodity unlike btc.

[LUCKMCFLY]

7 minutes ago, skillex said:

I agree with what you said. Is that stock currency what Wickoff Livermore is speculating by the way?

And regarding the factors affecting Bitcoin's pattern, you are really right, gold really differs from it since gold has a physical form and didnt experience a predicted or speculated bubble theory though it experience also a bearish situation but above else its a main deal really as a commodity unlike btc.

Yes, many people claim that the Wyckoff Theory is only applicable to the stock market, but if you get to see, Bitcoin Vs USD has a structure, has a life of its own, that is why it can be analyzed with Wyckoff's theory, in fact, the Altcoins follow BTC, because the Altcoin depend directly or indirectly on BTC ... the main Altcoin, have a form in their graph very similar to that of BTC, except that there are some others whose graphs are very strange, those are the ones that survive from the pump and the dump ...

[skillex]

8 hours ago, LUCKMCFLY said:

Yes, many people claim that the Wyckoff Theory is only applicable to the stock market, but if you get to see, Bitcoin Vs USD has a structure, has a life of its own, that is why it can be analyzed with Wyckoff's theory, in fact, the Altcoins follow BTC, because the Altcoin depend directly or indirectly on BTC ... the main Altcoin, have a form in their graph very similar to that of BTC, except that there are some others whose graphs are very strange, those are the ones that survive from the pump and the dump ...

Maybe because of the decentraliced way of transaction bitcoin and the altcoin has that give it really a true value and been paired or be considered it to stock currency capability.

[Kate]

Well I guess yeah fro. Seeing the graph even if there is a little bit of difference it almost looks similar. Seems like bitcoin is gonna be the next gold in the online world or virtual world

[skillex]

18 hours ago, Kate said:

Well I guess yeah fro. Seeing the graph even if there is a little bit of difference it almost looks similar. Seems like bitcoin is gonna be the next gold in the online world or virtual world

Hoping here too man, though btc has still a long way to go I think before becoming like gold for some factors.

[Threcnom]

On 2/20/2019 at 12:24 AM, Shaniqua said:

to be totally frank now that i think about it, ive never really  "invested" in crypto so at the end of the day it doesnt matter what happens for me.

as long as the price does not change too much day to day then i am all good.

only when i buy crypto i buy it to gamble and gamble it all awya 99% of the time

Same here only buy to gamble most of the time. But if or when I reach my potential target which is at least a bitcoin then I would consider HODL just for the sake of being a crytpo fanboy 😁

[skillex]

As price drop correction will always follow everytime btc surge, this will really be gonna rough for bitcoin to experience and will take longer time to experience bullrun again.

[ginoso2019]

 

only time will tell but I think the market is cyclical and a bull phase will start again by the end of 2019

[lolland2k]

ofc 

I indeed hope that history repeats itself. I just hope that time goes a bit faster;). and I think this is certainly possible with crypto. I just hope that things don't collapse. but next year the next bitcoin will be halved. so half of 12.5 that miners use now. so i certainly have hope. I think maybe 50k BTC is a reasonable price at the end of next year ... at least I hope so. I also think that ethereum and bitcoin cash will grow a lot sorry for possibly bad english