Quote from: crypto brother on June 08, 2018, 06:54:28 PM

Quote from: pawanjain on June 07, 2018, 04:53:19 PM

Quote from: crypto brother on June 06, 2018, 09:05:33 PM

Quote from: pawanjain on June 06, 2018, 02:30:21 PM

won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?

P.S : My point is, we can't expect the price to rise and fall the same way as the last year.

"the people" selling it causes the decline, so how can they sell it before it arrives?? I don't think you have a valid point about bitcoin not being able to rise and fall the same way it did last year. If you are following yearly trends which it sounds like you are, then that's all you have to go by, previous yearly data. We are obviously entering a new era, where bitcoins presence is gaining attention. Massive bitcoin trades are happening away from these exchanges, which is not reflected on coinmarketcap for example.

If your indicating the price of bitcoin will increase drastically sooner than it did last year (early nov), what july/august and then fall 3 months later (oct/nov) i highly doubt it. Interesting to see how this year pans out, crypto space is unpredictable. Thats why the majority of us love it so god damn much.

Last year, Bitcoin went through many positive/negative news which made it's price grow so much over the last few months of the year.
There was a reason why BTC had grown so much and hence there should be a reason this time too for it to grow the same as the last time.
It is obvious we cant expect the same growth like the last if there is no reason for us to buy BTC.

Sorry, I don't agree because i don't think its obvious we cant expect the same growth. We are expecting MORE growth, wait until the institutions start pumping the big money into the crypto market. Im not talking a few billion here, im talking a few trillions. Wait until China to lift their ban - lots of money, wait until America jump on board properly, wait until bitcoin trading platform intergrates with the stock exchange, wait until its the masses come...the possibilities are endless. All the countries that were outlawing crypto are slowly changing their minds. People will buy bitcoin at any price, regardless.

All this you mention will need a lots of wait. Right now people are mainly exiting crypto. Those gamblers that bought at end of 2017 are disappointed and selling to rather go in closest casino where they have at least little chance of wining and get rich fast. This will go on all this year. Hodlers are buying as much they can.