Bitcoin Forum

Some people are saying that altcoins have entered a bull market. If so, does that mean that we will start seeing 10 or 15 new coins launched every week like we did last year at this time? Any thoughts?

This isn't a bull market. I think we're going to see mostly flat prices with further consolidation (less coins) throughout the summer.

i think yes market dynamic move up and down all market has down time and up time :)

That's what I was thinking too. It's just that I've heard that we are entering a bull market a lot lately, and I was starting to wonder if I was the crazy one. I'm glad to see that I'm not the only one that doesn't see a bull market.

I have to agree. There may be a bull market coming, but if so, it's not here yet. Although as Jim Cramer says "There's always a bull market somewhere." So maybe if we look hard enough, we will find one. It's just not in altcoins right now.

The only real bull market happened at the end of the 2013, but since then has been a long stretch of downward movement.


There was a bull market for miners of altcoins after that(after late 2013),
but that was mainly for miners and not for traders or investors

Traders or investors could not be in on the latter altcoin bullmarket of 2014 to present,
because the miners had that all sowed up, and investors or traders were also further oppressed by the ways the exchanges and people are doing things.

The ways the miners are the ones who mostly pump the new altcoins, leaves the traders or investors out of the picture almost entirely.

It would be better for traders and investors who do not mine coins, to invest into penny stocks rather than the pumped miner new high priced coins.

Bull market? hardly, not from an investor or traders perspective,

but rather, the altcoin bull run of 2014 was/is only miners hyping their new coins, and trying to suck investors or traders to buy their high priced coins, with little or no chance of investors or traders earning much of anything, but more likely to lose money on those coins.
Investors or traders might have better gains at a casino, rather than buy the new hyped miner coins.

The miners also tend not to buy the low priced coins that got dumped in the past, so those coins, so far, do not have that much opportunity for investors or traders either.

Not a bull market at all.

It is a miners market, and that is all, but that has slowed down recently I think.

certainly not a bull market atm, even if there's a few green shoots occasionally its off so little volume it doesn't really count.

too many coins competing in the same market all doing the same thing, also to many investors being burnt holding bags of (almost dead) coins.

as with the above post; too many coins being pumped out just to give miners a coin too mine, then dump on the very few that think they can profit off if they get in early, but after a wave or to of dumping, goes no where, so then repeat.

you want to see active markets again?

as traders, thin the field and only trade older coins that still have active teams behind them.

every one in this thread is a peasant's dog not one baller in the bunch

http://www.funnymemes.net/wp-content/uploads/2013/12/youre-broke.jpeg

If this is the bull market I wonder what the bear market is like.

Alt-coins will begin to launch 10-15 new bitcointalk members per second.

fixed the typos  ;)

Don't know, but the daily volume has surely picked up in April. Over 1500 BTC per day on Bittrex is 4-5 timesmore than the last few months. Especially so at weekends.

Even a blind man can see that its a bull market

300 btc (600 if lucky) per day volume in january, febuary, march and then BOOM 1600 btc per day (every day) in april, thats more than a 433% increase in volume that has held strong for 22 days in a row

Anyone who says this is not a bull market wants to keep all the idiots away so that they can gaffle the money for themselves

beware guys

But a bull market is not measured in volume. Bear markets can also have high volume. Is this what these people mean when they are calling it a bull market? High volume?

According to Investopedia,  bull market is "A financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies and commodities."

High volume alone doesn't make a bull market.

Stop using investopedia

do you think Michael Steinhardt uses investopedia to make financial decisions, i think not

We are in the middle of a bull market

http://www.hussmanfunds.com/rsi/rallyvolume.htm

Volume tends to expand in the main direction of the trend. In a bull market, advances accompanied by increasing volume or declines on diminishing volume are taken to be bullish........... Volume should always be studied as a trend (relative to what has preceded).

- Richard Russell, The Dow Theory Today

The prices of stocks rise, and major market indices such as the Nasdaq also go up. There is also an increased volume of trading, and we may also notice a larger number of companies (or coins like CRAVE, POSITRON etc) entering the stock market.

- http://www.stock-options-made-easy.com/what-is-a-bull-market.html

Bear market is low volume trading where pumps have disgustingly low volume

Bull market is high volume trading where pumps have disgustingly high volume

Bull market has everything to do with volume because TRADES themselves are measured in volume

Less volume means less trading which means prices move slower which means BEAR MARKET

Higher volume means more trading which means prices move faster which means BULL MARKET

So stop lying to the people you shameless manipulators

"Volume is the weapon of the bull” is a Wall Street adage meaning that bull markets rise on strong volume. “Trading volume, often called ‘a weapon of the bull’” has been cited in print since at least 1987.

 - http://www.barrypopik.com/index.php/new_york_city/entry/volume_is_the_weapon_of_the_bull_wall_street_adage

It is still not a bull market yet.
Bitcoin is still at its low and most of the coins are dumped after a huge pump.

lol do you expect them to go up forever ;D

the object is to collect bitcoins

when altcoins are depressed bitcoin prospers

when bitcoin is depressed altcoins prosper

Altcoins are only used to create bitcoins for free

Right now bitcoins are being accumulated from the altcoin market in preparation for the bitcoin bull move

Everything is connected

there are guys that dont even trade by hand, they are using bots to make 100 btc everyweek

That amount has doubled this month because the altcoin market has become bullish

So now they are making money 4 times faster

Because since last year october the volume was 200 btc to 300 btc daily, now its 1600 btc daily thats a 433% increase

If you didn't know that then your either an incompetent trader or just not that attentive ;)

it will take time until we see coins with 10k daily btc volume again, but i am sure it will happen some day ;D
i agree on the volume. we are far away from a bull market still, but some alts had a nice bounce the last months thats for sure

Yes, we're in a bull market, we've always been in a bull market.

You know, as in stinky, smelly, bullshit. Yay!

I could be wrong, but the current market screams bull-trap to me.  I happily collected on a large percentage of BTC from yields over the past month and today.

THERE IS MONEY EVERYWHERE

me i have made this month more than 17 thousand dollar even all i have to do is go to okcoin and i take double money instant

But volume alone does NOT make a bull market. Sorry, but you are WRONG.

Nah, this whole market screams bullshit trap. Put your BTC in and watch it get flushed away!  ;)

Everyone screams that they're making thousands and thousands on a daily basis. Sure. Once again: bullshit.

Not bullmarket. Looks like rock bottom and some low cap shitcoins already bounced off the rockbottom due to people who saw exactly that.

Accumulating shitcoins now!!!

No, we are not! We could see from the price movement! Even the price of bitcoin is down a lot!

If you put the proverbial gun to my head, I'd say we're early into a new bull market. One thing about bull markets, everywhere: they always begin when things are quiet - and they always begin under a cloud of skepticism and worry. As the old saying has it, "the markets like to climb a wall of worry."

Crazy stuff like a flood of new alts tend to occur late in a bull market, not early. Early on, there's too much skepticism and butthurt to make a new alt an easy sell.

Now that you mention it, a look at Bitcoin's chart does suggest the year-or-so-long bear has gone back to his cave...

As far as I know in a bull market prices should go up, what I see in the graphs that doesn't looks like that :). Actually more like the opposite... with some spikes.

gold:
https://pbs.twimg.com/media/B-qTMOPUEAA42I_.png

bitcoin:
https://pbs.twimg.com/media/B-qTMdzVIAAlkDu.png

LOOK AT IT!

Well it appears I nailed it in the short-term.  This past week was the definition of a bull-trap.  Glad I cashed in on my yields.

Nice post. 

Just my personal opinion is that we still really in a long term bull, but I'm not very good at these things.

I don't understand the reasoning behind people who have bought bags.  People who bought bags like Quark and BBQ have been sitting on those bags for 1.5+ years now and the likelihood of them being right is zilch.   There's easily newer coins with better tech and large userbases than old $hitcoins.

The same goes for people who continue to buy Aurora thinking they'll be like some Eastern European Oligarch if Aurora is ever officiated within Iceland.. but the difference was the Eastern European Oligarchs were the government and had private armies that were willing to enforce their assets and control over the countries' economies.. people buying junk coins are usually autistic neckbeards with no armies beyond those they control in Skyrim..   ;D

Well said and as usual I agree 100% with you.

And to the your all broke jpeg guy.. your full of shit  ::)
I have invested 0 cents and have made many thousands and gone on insane spending sprees with coin profitz  8)
Some people are just dumb lazy or gullible or worse morally bankrupt.
Had I wanted to take the evil route I could have made a sick fortune compared to what I did get.

This Coin stuff is a huge test of morality in a way I think.
You all need to figure out how low you will go entering into this stuff as a noob..
All I know is I can hold my head up and look in the mirror knowing I did not prey on anyone.
many of you here can't say the same and you can enjoy a dead scene because of it now.. you made your bed :-[

edit:
my answer = NO
we are all STILL drowning and it's only going to get worse.. the system itself is broken = problem.
if people can go greedy and ruin it for others they will and there will b no stopping them.