Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: dragononcrypto on January 24, 2019, 11:01:12 AM
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#Bitcoin 2018 Performance. Is $BTC still going to zero?
No. of wallets: +48% @ 31.9 million
ATM installations: +99% @ 4,114
Global Hash Rate: +177% @ 41.6 EH/s
Mining Difficulty: +192% @ 5.6 trillion
SegWit Adoption: +250% @ 35% of txs
Lightning Channels: +15,000% @ 15,000
https://twitter.com/DragonOnCrypto1/status/1088375379381886977
References:
1. https://www.blockchain.com/charts/my-wallet-n-users?timespan=2years
2. https://coinatmradar.com/charts/growth/
3. https://www.blockchain.com/en/charts/hash-rate?timespan=2years
4. https://www.blockchain.com/charts/difficulty?timespan=2years
5. http://charts.woobull.com/bitcoin-segwit-adoption/
6. https://bitcoinvisuals.com/ln-channels
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Where did you get this information?
Some crazy people still say it will. I just read it here https://www.altcoinstalks.com/index.php?topic=92495.0
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I think it's true like that but the fact is Bitcoin still has a price when compared to FIAT from my country.
I can take an example if 1 Bitcoin can make 1 house with a rate of 4000 USD.
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Where did you get this information?
It's original research, have added the references to the OP. You'll need to do the maths yourself though ;)
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Thank you for the information, sir. And it seems that that's what happened in its development to date. According to my understanding, Bitcoin is already popular and has very many users. And still always dominates the market. Even though the price has declined throughout 2018 and to date, bitcoin is still the most popular among people.
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This is really objective information regarding the use and development of Bitcoin around the world. Naturally, the price will not fall to zero, but it is clear that the price may be further pressured and it will drop even lower, so that the big players could buy more Bitcoin and other cryptocurrency.
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Bitcoin price will not fall to zero. Last year the crypto market experienced a bearish market and people are hopeful 2019 will be a better year. Agreed that bitcoin has its flaws the cryptomarket cannot exist without bitcoin. My opinion
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Where did you get this information?
It's original research, have added the references to the OP. You'll need to do the maths yourself though ;)
Nice! Thank you for adding the references. It will take a bit of time but I will do my own calculations
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I see that bitcoin goes down as low as $1500 before we will see an uptrend again.
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I never thought of those computations yet until you brought it up. I was drawn to the ATM installations. It may still be small but that is already a significant increase. The number may again double this year or even more, I just hope the fee would decrease even a bit.
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We just in the start of 2019 but Bitcoin is going to test the bottom of 2018 again. I think that this 2019 year will be a harder time than 2018 and maybe Bitcoin will drop deeper