Quote from: AshikurRahmanKhan16 on September 15, 2018, 10:47:33 PM

Quote from: nydiacaskey01 on September 15, 2018, 03:07:12 AM

Last year, Bitcoin started at $3,531 by August 11, 2017 to $19,248 in December 17, 2017. That's 445% growth in just 4 months. Last August 11, 2018, Bitcoin is being traded at $6,194 USD and it will only need 222% growth to hit $20,000 by December 2018. That is just half of 445% growth last 2017. So if question is to hit $20,000 by December 2018, it's very much possible.

Last year we had a big hope about crypto pumps, everyone was waiting for something big and that happened. But this year, at this moment, most of the people are in the panic, they are waiting for the market recovers to sell their holding coins. Last year people held their coin to make big things. So, I think there has a different!

Laat year was entirely different. Bitcoin isn't as popular then as it is now. There weren't a lot of people who lost 60 percent of their holdings from 2016. People were curious. Now people are wary and doubtful especially new investors. That's why i think it'll be difficult this time for btc to get the same reaction that catapulted it to almost 20k last year.