Bitcoin Forum

Bitcoin is back at 10k but every single alt coin hasn't really gone up


The growth is un organic and fake , maybe by 2 or 3 whales or maybe even a corrupt exchange

You may be wrong, the recent price surge doesn't look like a pump an dump, the growth has been organic in contrary what you said. Anyway time will judge if you are right or wrong.

I think the recent price increase of the market may be due to the impact of a political and economic factor. Although the growth seems unsustainable, I do not think this is due to  pump by shark, the market recovered after two years of sharp decline is an obvious rule. Let the time to answer for us.

on what basis do you say this is fake, after all I think this is a natural thing if the price goes up even though many people say this is manipulation, because after a long time the BTC went down I think it's time for them to ride.
what has gone down will rise again.

How can you determine that the current rising in Bitcoin is fake? Can you show us the proofs of whales manipulation or corrupt exchange?
I am sorry, I doubt your opinion. I think the current rising in Bitcoin looks natural and no manipulation. If you see that altcoins still don't follow the Bitcoin, it is only about the time.

No, I don't think the recent price hike of sharks wants to manipulate the crypto market. The globcal coin is bringing a lot of extreme news to the crypto market and that's why many people anticipate the good future of BTC and they have bought more in the past.
We will not see the value of BTC collapsing as fast as 2018. because it is strengthened by many loyal investors and sharks will also reduce their power.

Everyone see this is a great pump but you says this is the fake Bitcoin bull run i think thats is funny. Cross $10K is good performance if you see the price of Bitcoin in the last 3 months before.

If your statement is true than its not any problem on me, if we can make a lot of profit in this situation so whats the problem with an organic and fake volume, its still good for crypto market

What makes you think so. Altcoin is still getting better, you've seen the NEO yesterday and today. most things have moves. Except Fomo, can you expect altcoin to explode and ignore bitcoin ??? This is not necessary. The attraction is placed on the king of crypto. Don't worry, be comfortable and just wait.

It is obvious. I also think that only Bitcoin cannot grow. always with real growth, other coins start to go along with bitcoin

im not a technical guys. but i think its organic because bitcoin stay at bottom for a long time, i think its the time for bitcoin to rise again, if in couple days bitcoin back to 8k or 9k its normal for me

I was interested because of your word usage which is fake. It is not actually fake since some of the altcoins are climbing up now like LTC. But it's still an interesting speculation and we will see as the weeks go by. And can you clarify more what you mean by fake?

What do you expect. Price moves because there are buys and sells. Whales movements are the reason behind larger price change. The whales aimed bitcoin this time.
Bitcoin was as lower as 4K last year, this time and it's at better position now. And IMO it won't go below 5K. Anybody that bought it around 5-8K made a good profit.

What are you talking about this is not a pump and dump bitcoin rally, it is rising steadily and it has not even taken a major dump. Altcoins have not risen because of poor demand for them, but I’m sure if bitcoin prices break the $12k levels it’ll rise. I do hope you’re holding popular altcoins, and not spam ones which will never rise.

there was a strong reason that can be used to explain this pump, the recent bitcoin pump totally makes sense consider about halving will come next year. Some people will always try to give their bad opinions if they are not beliving with bitcoin today.
Whales wanna buy caused by something and they will not sell without any reason too.

You are so wrong ,as per past history have you seen where bitcoin surge in price and altcoins instantly surge ?the last bullrun is a very good example the bullrun has been around since mid 2017 till January 2018 and altcoins start surging in that January 2018 ,so don't expect instant surge of altcoins

Just because most of the altcoins aren't going up, you are telling us that this is a fake bull run?

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How long we have been with bitcoin during the bear market to say that this bull run is fake? I know your frustration because most of the alts you hold aren't moving positively.

Bullrun is not fake you start making negative issues so you can buy at a cheap price right, It can't be and it's late but if you buy now you won't regret it :).

It could be by corrupt government.   It do not matter who is buying Bitcoin. What it matters is that they cant be counterfeited. Every Bitcoin is legit. I dont care who hold it and what they do with it.

You are just angry that some of your shitcoins didn't pump but bitcoin did. Don't be like that! You should be happy because if bitcoin goes up so will altcoins. It will take more time but it will happen if we stay above 10 thousand. If bitcoin dumps you will not see an altcoin pump anyway so if you are right and this isn't organic you are fucked :D

Altcoins doesn't need to grow if bitcoin grows and the same thing happened at 2017 as well.SO this might be another huge bull run,if you are not prepared for it then you will regret it later.

There might be contrary opinions to whatever the OP might have said, but I believe  that by the end of this month, after the G20 meeting, we will know the true stand of the market.
Although, the  growth is not really reflecting on altcoins as such and it seem that the focus is more on bitcoin. This is still a normal trend I believe, compared to what has happened in past.

I cannot say that the current BTC price hike is a fake bull run since BTC has been demonstrating an upward trend and bullish outlook for the past several weeks already. Moreover, this event has already been expected by most of the crypto-community due to its natural course and not as a result of a coordinated pump and dump scheme by some bag holders who have malicious intent for personal gains. Imho.

I think the growth of bitcoin is now in a good position with no falsehood. Bitcoin growth from a month ago experienced a significant increase. if growth is only based on fake whales I think it will be easy now for dumps and coins cannot be stable.

Which one is the original run,  the earliest we get the facts that no one predicts price the faster for us,  no offense but no true person can predict the exact growth of a coin
For me once I see a lot of bad mouth,  fud I go in for the project

Altcoins follow the price of the Bitcoin but Bitcoin never ever care about the price of the any altcoin. The gold correlation becomes more relevant on the every trend but it is dangerous for altcoin holders to ignore the price of the Bitcoin.

Like some information I heard from some people that the market will start to rise again until the end of this year and the bulls will actually come in 2020. Believe it or not but that's what I heard and let's judge wisely and wait for what will happen next .

Yeah, some investors are moving from altcoins to Bitcoin because now is more popular and people believe that will grow more than altcoins. But I still think that time for altcoins yet to come.

*YAWN*

If you don't know how the system works..  watch this..

Yes the market is being manipulated but not by quick fingered traders the HFT bots and Quants are here.
This is why we are seeing sudden moves it's nothing more that algorythms trading against each other and on the rare occasion they have a "Cannot Compute"  error is when we see the sudden spikes in price.  


Watch..from 24 min....

 learn and think before hitting that submit order button.. Ask yourself this.  AM I THE EASY MONEY..

https://youtu.be/kFQJNeQDDHA?t=1443

You should show some evidence, if it is as you say should be pretty noticeable by looking at the trading history of the last days ::)

Many of the quants that once worked in wall st now trade in crypto I have seen many algo's working to take the "dumb" money from the market and many of the exchnages do indeed have special order types hidden of course that allow the scalpers to "jump" infront of your order in the book to be filled first.

I have seen it first hand on many exchanges it's easy to spot the algo at work as heim says they all wear the same T-Shirt :)

As many have said, not all altcoins become more expensive when bitcoin becomes more expensive. This is logical because everyone is trying to have time in the new run of bulls.

Holder can't fall for it , if people was holding at 20k range and didn't sell at 3k range and still hold , then there is nothing to worry about . Let them play the game and just watch it :) By them i mean people who manipulate price , ofcourse if they are , thats the question :) But when we gonna reach 20k then media / tv / radio will be back and people probably will fomo in again :) Then we could see some action again

I don't see the next FOMO run being anything like the parabolic move people got burned last time people will be a lot more carefull 2nd time around possible not put in as much money less risk. 

It's 100% the market is being manipulated it was being maniuplated in the GOX days with Willy bot and things have moved on so far since those times.  Now the algo's wait for the "dumb" money to come to the exchange Bitmex is the WORST for this they activly use there HFT algo to syphon the funds from the small players.

The Quants from Wall St. know this and now play in the industry.   If you think all those orders on the book moving in fractions of a peco-sec are legit you need your head checked and to stay away from the table as they say..

HODL don't have this issue and is the smart choice.  Don't chase profit in a rigged market..

Like really? Come on man. Read anything of what analyst have said about this issues don't create unnecesary panic.

Almost every time when BTC achieves a new hight, it is made by whales to make huge money. So, this pump is definitely done by whales, but who cares. Everybody understands that the correction is around the corner.

I check the coinmarketcap almost every time and just now, I discovered that the price of bitcoin is now above $11,000. I am trying to imagine what the price would've before this month ends. In fact, it might grow above $12,000, which is very possible. My concern is just that, of it dumps, it might be a hard one.

Because most altcoins are crap in the first place. How can a particular altcoin without no reason to exist will rise its value? Even if bitcoin is in the upward trend, most altcoins will not follow because most of them were created for dev's profits. So if people will see the emptiness of that platform, they will not be interested in trading them. So going back, I don't think the price movement of btc is fake bull run. The bitcoin's time is already ripe for this. And not driven by the hype but showing the real value in the market.

The time we were all down about the losses we had, we always wanted to have a bullrun, now this is our time to trade and earn with decent profits we deny that this is a fake bullrun, so what we want this time? i dont understand what we want really? the opportunity is there and its happening, i hope everyone should be thankful now.

We have see a number of these insights but the market hasn't responded in the negative, instead it has continue to increase. So I will say let us enjoy it while it lasts.

Personally, I still think that the price of Bitcoin is still not stable, very volatile and we must be very careful in facing this market situation. Many people are following this high hype of the bullrun. But, wemust be aware that everything can happen in crypto makret. So, just be careful in analyzing the market, whether it is real bullrun or still in the recovery step.

indeed, if we compare Pump last December 2017, the movement of Altcoin in the current bull run is very weak.  Last bull run when the price of Bitcoin touched $ 10k, the price of the Bitcoin cash touched $ 2k, and the price of Ethereum touched $ 1k.  to be honest I don't care whether this time is a fake pump or not, certainly I will continue to support Bitcoin and Altcoin  ;D

We see the improvement which we wait for the long time, many enjoys it and wont think that it is fake but the start of recovery of bitcoin on the market. This is an opportunity which you cannot avoid as long as you gain profit.

I think you are making crazy statement or you are creatin fuds, can you show evidence for that accusation to prove it. I suggest with you before make topic specially accusations make sure you have a basis. Good luck to,all people believe in your statement.

You are saying this to just have a topic for yourself  if not I don't see any reason why you should called the current market increase of Bitcoin to be a fake just because your shit coins in your position at the moment doesn't go in an upward direction as you expected it to happen. And you have any evidence to proof that an exchange or group of whales are responsible for the current market increase please provide them.

No coins have mind to think,only people do so they think bitcoin as the trendsetter so every other coin follow it.

The real definition of fake bullrun is the kind of pump that come out of nowhere without to signal or sign of bullish movement ,that is what we call pump and dump ,manipulations by whale but this present bullrun is far from that because many are able to predict that its back and its been around for months now growing bit by bit and more steady ,this is BULLRUN

I told you so

https://finance.yahoo.com/m/9ff5163b-f54b-3fca-a03a-343ea99beae4/bitcoin’s-crash-hurts-the.html

Bitcoin (BTCUSD) turned around and slammed the betting public’s fingers in the door — yet again — on Thursday, crashing more than $3,000, or 23%, from the previous day’s peak in a matter of hours. The cryptocurrency’s sharp turnaround came after days of big gains had started to draw the Main Street speculators back into the trade.

I think it is a partial bull run, but i am afraid that this dump was a sign that it was the top price. I hope that altcoins are going to recover. But it is also possible that they are never going to recover compare to BTC. It is possible that people are more careful and trade their coins more with USDT than BTC.

I agree but at this very moment, the prices are going down i hope it would come back to 12k usd each and above, being not into a crypto expert i still believe that this time is the best time for trading a short term. This is the time that i  waited for how many months or years since 2017 bullrun and its now happening.

I've been waiting for this also. It's been a year since  I haven't felt this feeling of excitement now that bitcoin is gradually back on track. I'm not an expert in cryptos, but I think what is happening right now is not fake and I'm loving it.

So that's your chance before they raise prices, as Binance tweeted an interesting post about altcoin's turn after BTC was pumped.'

https://scontent.fsgn2-3.fna.fbcdn.net/v/t1.0-9/65712839_2682857615061159_8155134956473942016_n.jpg?_nc_cat=108&_nc_eui2=AeEz4YZckHsIEsQTMC8WB7m2JASGAvr8wxUTsBp7mlRewMEy5IefZCXpkggDDzLxwZWXyzTskIUEFK4b-gq-Spywz_IqbnwFiONTuXMjP0HELg&_nc_oc=AQm7ljWXzgR0wZRWwDXokwH6eorhKfAePFjdwuFgLLCO6gEy0mTtS_7_ce-QZQbx97Q&_nc_ht=scontent.fsgn2-3.fna&oh=c222120a4eee88a2ccd60d1471ffafd4&oe=5DB76A95

Wait for reality of this bull-run, I think it's real price growing of bitcoin and probably it's going up 20k$ within this year!

I dont think its fake!I believe its an organic gains. But still not strong enough to drive all the altcoins. Just wait its too early to tell, maybe in August if Bitcoin price is continue to climb then thats the day. A $400B Market Cap is a good signal to me that the bull is on it way!

The bull run is still new and that’s why altcoins are not pumping yet. If we are able to bounce back from this drop then expect that all good coins will pump now because the real and strong bull run will begin. Exchanges are not corrupt, they are just doing their business well but they can’t really manipulate the real price of bitcoin.

to clarify you better,  this is not a bull run rather than a bullish market.  Also because the bitcoin is does not necessarily mean that other coins or tokens will follow suit. And also you should understand that there are some Altcoins which has been bullish too so that means and shows that it's not fake

At least if your concern is really true I have got a profit from it. Bought bitcoin at $3200 and sell it at its price reach $11.000, it was the first instant profit that I have gained. I don't care with bull trap and bearish trap as long as I put the target to make a profit. This is important to all investors maybe, don't be too complacent about price movements, there are times when the price is facing a correction or even facing a dump again.

I wouldn't say that this is a fake bitcoin bull run, I mean how much we gain from the last all time high already? If this is fake bull run, I think during the $6k run, we should have go down, but it doesn't as the price continue to soar even up to this day.

That will be a big profit, not only just x2 but the price gets triple. If we all bought during that time, I don't think that someone will complain but somehow, some people invest lately cause they wait for the price to rise up before having a risk decision and that's their big mistake. But we can't blame them but to be sad because they never take such opportunity before.

I would say that Bitcoin is confident enough and does not falsely go up.  Yes, sometimes there are rollbacks back but not much further upwards.  I think that this growth will be up to $ 20,000.

I don't think this was fake bump for bitcoin. Its normal behaviour in my opinions. Altcoin still on dump mode and it will not recover till bitcoin stability. But it doesn't mean it was fake bump. It was pull back and we noticed now that price has been recovering. So I think bitcoin grow is organic and healthy as well. And hope this growth will touch ATH once again.

Whether this is a fake bitcoin bull run or not, I am sure many people enjoy the ride because finally, they can make a profit again after a long waited since the last year. They can sell their bitcoin at the highest price, and I am sure many of them can buy bitcoin at a low price, so they only need to wait for the price to increase again. We cannot deny that the bull run is happening right now although the price makes the correction too deep, but the truth is people are making the profit with that.

What can you say or do comment on the recent price movement after 5 days since you wrote this thread?
We cant see alts to rise up yet anyone is focusing now with their Bitcoin stash.I wont say that it isnt a potential pump and dump but
as we see the price is tanking well into these current ranges.

I also support the theory that this price increase was caused by whales and we will go back to 9k USD. Exactly this is happening right now, but I hope this raise will cause another wave of hype in the media and attract new audience.

      Not a fake as you think , but this is really the character of bitcoin which is the so called volatile and you must be watchful of this just to avoid huge lose and think about if you need to hold for long time or you need to sell all your holding bitcoin.

Don't spread out the FUDs, bro.
In what way you can claim that your opinion is correct? Only because of many altcoins don't improve their values yet?
You don't have enough evidence or proofs. I don't know why you make a conclusion too early. Altcoins will increase if the price of Bitcoin tends to stable after the high fluctuation.

Time will answer is it a fake bull run or not. But i hope this is a bull run for bitcoin and the altcoins will follow through. Also i think it is already the time for market to recover from its downfall.

you shouldn't give a negative information for the community. don't make them panic, give them a useful information.
i think it's not a fake bull run. i believe the bull run will still run in several days or maybe several weeks. it's a good time to hold your assets.

Well looks like it's already too late for you. If only you have bought it at 4k.
just because alts didn't not rise along with BTC Price doesn't make it a fake and un organic. Maybe people have now got sense on where to put their money

The growing of this cryptocurrency market is hard to difficult. I think only the price of BTC grows in this time, ETH is not rising.  I think this is not the bull run and I will wait for the next month to see the activity of the market to get the next action with my money.

You are right and this is something that we should watch out, but either way, Bitcoin is going up it will happen again as Bitcoin is heading to eclipse it's last all-time high if I remember this is the second time it happens and everyone was caught by surprised, next time investors will be aware of it.

So far, I also consider that the increasing price of BTC is not a bull run. This is step fo bitcoin progress after long time drop in the bear market. However, it also signs the bullrun. One to remember is that we must be also careful. I agree with you that everything may happen in the crypto world and may be so surprising.

I have the same thought that this Bitcoin pump can be a fake one! Because all of these days, the Bitcoin price was strong and it grew gradually to 8K USD. Then what happened that within less than a week, BTC price hit 13.9K USD when it was stuck at 8K-9K! After that, BTC price started dumping and within a few hours, it came to 11K USD from 13.9K and then 10200! This can't be the real bull run, then is it the crypto bubble run?

yes, your argument can be correct if in the next 2 or 3 days bitcoin goes back down. but I see the price of bitcoin still survives 11k, I think this is a massive increase and can make the crypto market really rise overall.

I don't really think that it is fake just because the alt-coin hasn't really gone up.
Maybe those alt-coin holders are dumping their stock just to jump into Bitcoin and it is why we are having Bitcoin growth,
2 or 3 whales or a corrupt exchange? if they are behind this then they could lose more if the people dump it and it is a risky move.

yes you right, we can't really say if this is the bullrun because like you said if not all coin hit a green day and get increase.
i keep my BTC on my wallet safe and still waiting until 2021 when the true bullrun is come.
i believe with that preditcion of bullrun time.

Well, he/she is entitled to their opinions which how the idea was being said. BTC already proved that it can either surprisingly turn the event into something beyond of what we expected to see. What's the awesome point is that it keeps being attractive to those who focused on crypto business.

This surge in price of bitcoin may not be fake as there have been many instances in the past wherein bitcoin went up considerably while altcoins did not rise in proportion of bitcoin. We know bitcoin is still the coin that has dominated more than half of the market. Surge in price of bitcoin is people have much trust in it.

We already have seen bitcoin goes up and down in this week and some of us saying that the real bull run will happen soon. Bitcoin itself still trying the good time to increase higher and if it's not happening in this week, then we still have much time to see the real bull run will happen. Yes, the massive increase in the price still going on and still on the way so we could prepare and decide on what price we want to sell bitcoin and take the profit.

You should know that if Bitcoin doesn't complete its levelling then there can't be an art party. Just consider the last bull run. So, we must wait for Bitcoin to settle down.

I would disagree. Looking back at the prices in February when the bull run started, alts have gone up hugely against the dollar. It's just that bitcoin has gone up more.

It didn't stopped at 10K it was kept going more and more then only we had a correction now the prices are again going up which made me feel that the growth is organic.

Trap won't last this much long.

thats your personal opinion, right ?
but for me, this is not a fake bull run, but the real one mate
bitcoin surpass 10K and now run about that level, is very huge sign if the bullish trend already in actions
maybe a lot of demands coming in crypto industry because a huge social media company called facebook create Libra

You can never be too sure!  Remember  this is crypto, in the crypto space anything is possible  and could happen, the growth of the bitcoin has been steady even though there has been traces of retracement and also bounce back, it could be a real growth.

I don't think it's a fake bull run and not just a pump by whales because for me it's a real bull run and new money is coming into the crypto market. Mass adoption is rapidly increasing and bitcoin halving is near so people are accumulating bitcoin.

I think the strengthening of the bitcoin price must have an effect on the altcoin price. The rising price of bitcoin makes the dominance of bitcoin on the market increase in the range of 63% and this puts pressure on the altcoin price. I, if the price of bitcoin has started sloping, altseason will start and the price will rise

What you are saying is the truth that is indeed happening, that this is the time for the rise of bitcoin and will have an impact on stimulating the crypto market as well. seen during these 2 months bitcoin is leading a very positive movement and is sure to continue to move towards improvement and continue to run well.

I guess my observation is quite opposite. I noticed that when bitcoin surges, altcoins follow its path. Not exactly the same percentage but the same way. I dont think its a fake bull run though because if you compare the price of before and its behaviour, its completely different.

And bitcoin has continued to rise above $10k, how do you say that is a fake bull run? only with the conclusion that not all altcoins
have increased in price, even though in 2017 when the price of bitcoin reached the new ATH, not all altcoins price rise.

Instead of criticizing cease every little opportunity and make the best out of it, it is not in your best interest to talk down a particular situation, crypto is dynamic and it can choose which ever direction and path, a lot of new millionaires have been made within this past one two months, alts may respond later but the fact is that btc has proven that it is really the king by this pump

I agree with you, this growth is organic. we can see it because bitcoin takes a very long time to get to the current price. Bitcoin has begun to show an increase from last February. so if this says only pump I don't think it's right.

Well, this assessment of yours for me personally isn't objective enough as you only said this because price fell back too soon. I know if the run continues,  you wouldn't have said this. Nevertheless,  the fact remains, things are changing for good.

Lmao! Did the guy showed up here again? Support at $10,000 is looking good. And this is the dip in order to continue moving up and reach $15,000.

is the OP joking. there is nothing fake in this bull run, if you buy at a price below 8K and sell it now when the market corrects whether you are losing money. you still take the profit were you. the possibility of falling in this bullish market is only due to investment management errors.

Seems pretty legit run for me. Libra was presented to the world and the naysayers finally decided to join the party.
We are seeing a slight pull back as a correction and probably we will have a few months of consolidation.

Well, is this something new? Something that has not happened in the past? No, not really. We've seen similar instances. It goes up so quickly and then goes down. People must be dumping as it reaches a higher point. And then goes up again. This is so common. Why cry of a fake growth or a corrupt exchange dumping? As a matter of fact, this bull run is long overdue. And now that it is here, it is being labeled as fake. Well, it is offered in the trading market. Everything's possible. 

It's true that Bitcoin will continue to increase for this year, I'm sure and will reach $ 15,000. Spoils will also occur on altcoins, but I still doubt, but the signs are already there.

I do not think so. We are close to a new bull rally. Yes, there certainly will be strong corrections and manipulations, but the bear market is already in the past.

Why do you think the bull run is fake? It's not fake in my own opinion. If you've been around this crypto space, you will understand it's only normal for retrace to happen, and mind you that there hasn't been a major retrace yet. You see price surging from 3k to 12k within a short period of time and you are still doubting ,saying it's fake bull run. The factors causing the uptrend are massive. Do you even know that Bitcoin halving is coming next year? You saw what happened with LTC when the halving update was released right, so you know.

There is something going on but using alts as a sign that this is a fake bull run is a mistake since this could be simply explained by investors becoming smarter and not willing to invest their bitcoins in speculative projects that have no guarantee to go up, however the almost nonexistent growth of altcoins against bitcoin could just mean that when altcoins finally wake up the profits are going to be even greater than in other bull runs, so as you can see it is too soon to give a verdict about what it is actually happening since there are many explanations that we could give to try to make sense of what it is happening in the market.

Nope, the bull run isn't fake. Crash or decreased is really happening even in bull run because traders are taking profit. You can't determined the bull run if it's fake or not just by seeing the altcoins price movement. Reason why the alts didn't go up even if the btc fall a bit is simply because they are trading in btc/usd.

If the recent bull market is a manipulation from the whales then we should have experienced large scale fluctuations which will be taken as an opportunity by the whales to profit out of it. As of now what we see is the real growth, Op has stated that there is no big growth with altcoins which makes it a fake bull trend which is not the right way to decide the bull run.

Do we have to always link bitcoin and altcoins together every time before we understand that they both function separately, so you are saying that the fact that altcoins has not started on its bull run means this surge of bitcoin cannot be classified as bull run? You have to understand that before altcoins can start their own surge, bitcoin is always the first to set example.

The moment this type of dramatic surge starts, it automatically means that we are already in bull run, but altcoins would not always follow immediately, it will take bitcoin to become stable for a while when it is going sideways for altcoins to start their own surge too, so we are absolutely in bull run already, we just need to wait for the time bitcoin will go sideways for other alts to follow.

Some watchers think like this:

First BTC price rise, then BTC price flattens, then altcoins start to rise, then the market crashes.

What we are seeing here is:

BTC and only major altcoins rise, $hitcoins remained the same. For example TRONIX/USD remained constant so TORNIX(TRX)/BTC went down when BTC/USD went up.

Prior to 2017: the many alt coins which spawned around BTC had died, only very few survived such as LTC and DASH.

In 2017: the previous alt coins fungus was replaced by ICOs. Even some of the old altcoins, such as CasinoCoin have moved from having their own blockchain to sit on Ethereum. As BTC became too expensive, people missed the boat and went into altcoins. The situation was very miserable, some people created coins like Tokugawa (TOK) which is 100% pre-mine and sold those coins OMG. Other category of people is the masternodes such as VIVO which collapsed by infinite %.

Today: it appears that people are a bit wiser when it comes to altcoins, that could be one reason why alts have not pumped.

But as per the above, at each stage, a "new" invention or imitation will come, a new kind of fungus.

I don't see how can you tell if bull run is fake or not. That sounds like another conspiracy theory is involved.
I look at the current price situation.as a normal volatility process, nothing that is staged or under someone's influence. Also you can't always link Bitcoin and altcoin, there is no direct prove that this too markets are closely linked and depend on each other.

How can an increase from 3.4k type of levels to as much as 13.6 thousand dollars (now over 11 thousand dollars again) can be a fake bitcoin bull run? I mean how high do you really need it to go up to make it a real bull run? It has already ran its course and ended lets suppose and even in that circumstances the price already increased like hell, how could you think this was a fake one when it already happened so much and increased so much. I mean we are at a triple the price point where we started already.

Some people are just way too jealous of others making money while they are not making money at all and they just wish to see everyone lose money as well, I am 100% sure there are people in this world who would be delighted to see bitcoin go to 100 dollar levels so they can say "at least others lost money too".

In Elliott Wave terms, it could easily be an "X" wave in a larger WXY structure. This would be a short term correction to a longer term (bearish) trend. Considering we reversed right at the .618 fib retracement of the 2018 bear market, this is still a distinct possibility.

This post explains it pretty well. (https://bitcointalk.org/index.php?topic=5128394.msg50467456#msg50467456)

If the recent increase in price has been fueled by bitfinex printing tethers, as some suspect, I wouldn't call the growth 'organic'.

Many would argue Tether printing drove the 2017 bubble too. Yet here we are. :P

Even if it's true, over the course of years it doesn't matter. The price action wrought by the Mt Gox Willy Bot wasn't "organic" either but in the long run it just didn't matter.

Just came to see your wonderful FOMO thread :P .
What is not organic with the price rise and what fake you are talking about, just do not dump your illusion, you need to explain why you think like that and which exchange are doing these rallies and if those fake rallies are so easy they could have made billions by now and why they are not doing that all the time  :P.
If you miss out on entering the market when the price was low, just forget about it and do not cry and say all these bullshit.
I am sure you are holding a ton of shit coins and not bitcoin and so is the reason you created this thread  :D.

Aww man, you're so mean, altcoin market is taking a beating right now, while bitcoin dominance is growing. We went as low as $9800 if I'm not mistaken, but the price seems to pick up again and the OP is still thinking that we are in the fake mini-bull run, hard to argue with someone with close mind and didn't see what's really going on with the ecosystem.

Yes buddy i am truly sick of the alt coin market as i lost a shit ton of money to all the scams and projects who started just to loot our money and then dump their coins in the exchange and run away with the investors money, i knew the market would eventually turn like that without any regulation but i made a good profit with ETH but i sold everything when it touched $10 but then on i was looking at decent projects to invest and some made good profits but from 2017 4th quarter all the scam projects started coming out with decent looking promoters and fake vouches and drained me out basically. I still hold some alt coins but the price has hit rock bottom than the initial ICO price and not sure when they will be rising nor whether they will be rising at all, so if i see some say bullshit about bitcoin because alt coin is not rising i would naturally like to tease them  :D.

How can you say its a fake bullrun where in all parts of cryptoworld says bull run has already started and will make a new ATH beforw the year ends,  news, crypto analyst , investors believe bull is ongoing.

Those that keep faith with the current bullish trend are making money and those that see it as trap are really losing out. Bitcoin has gained over $9000 since the trend began in April and it is price many of us did not believe bitcoin will get there but we have seen that happening. I do fall for the current happening in the market and I  am happy I did.

Any investor that has at any point in time invested in altcoins has lost money, I know because I did the same mistake years ago and like you I learned my lesson, I am not surprised at all that altcoins are not moving much and are losing ground against bitcoin, of all the alts in the market there are only 50 to 100 that are worth anything while the rest are nothing but attempts to grab our money and run with it, so it is understandable that this time around investors are not wasting their time in altcoins at all.

Even with regulation, this is what the startup space has always looked like. There's a really high rate of failure. That's why the pink sheet stock market is often criticized for being rife with scams just like the ICO market. The bottom line is that providing seed money is a high risk, high reward investment. If you're not willing to immediately sell into the initial hype for some fast gains, most of your (long term) bets will be losers. However, the couple winners you back could set you up for retirement. You need good reads, patience, and some degree of luck is required.

Someone usually want to buy in cheap price. We know in this because there are 2 side of people in crypto market. But OP's acyial purpose actually we don't know or maybe he just want to warn us about price.

If he is warning us about the price then he should not scared us. Those that suppose to take the advantage of the current bull run to recover loses may abandoned investing after see this scared warning. Though I hardly follow others people opinion when I want to invest I do follow my personal judgements.

We cannot judge bitcoin base on its single correction because so far bitcoin is recently came back to increase its price since how many months its been stabilized its price thats seemingly nothing change at all. And now we notice bitcoin is have a good fluctuations and has quite increase its price in month of june which is reach $14k, nobody expected to reach bitcoin in early time. We hope this month july bitcoin have another surge of price which might hit $15k.

Usually people have different ways to tell others. Or maybe if he make other scared, he only want to buy bitcoin in cheap price so people will panic and afraid to buy more bitcoin and then only who want to sell it in market. Only OP who know what actually his purpose.

Is there already an effective way to find if a bullrun is a fake one? This current price rally may not last longer or just temporary but it can't be fake one. Rising and falling prices are part of the cryptocurrency cycle so expect the price to go down again after this uptrend. If you are an experienced trader, you will know early when the price start to rise or fall except when a group of whales start to manipulates prices and a sudden fall caught the investors and traders unaware.

I think he needs to check it on every market so he can find that the bull run is already happening, but we have another chance to see the next bull run. We will see another bull run soon because in the last bull run, the price still on the good progress to increase higher and now, the price still going to increase. We are still waiting for the next exploding of the cryptocurrency, and that will give impact to the price for every coin, and I am sure that he will say that the next bull run will come too.

It's not appropriate to accuse when there's no certain proof against being fake bull run or not. What's very important here is you knew the trend of bull run before it reached the destined price of bullish market value. Many people said bull run is happening, yet reversed idea for others that it was just fake or manipulation from whales.
Calm down and let's wait for another trending increase.

most people assume that the bullish market is going on, but I don't think the op is intended to scare us but he is not sure what caused the current bullish market.

Two or three whales? What you are talking about? We have the highest volumes ever. The mining difficulty has reached new record highs.

There are already multiple confirmed signs for the bull run, even in TA like the "golden cross", but not only.

If you look at the chart and don't see an obvious bull run, then maybe we are looking at different charts? Remember, to check the ticker, should be BTC and not BC or BSV  ;).

I went to this thread because the title was eye catching and I was really hoping to have a good debate with the OP but unfortunately the FUD with this one is really weak. There's really no kind of analysis to convince the weak hands, no kinds of proofs of any of his claims about a "corrupt exchange" and "2 or 3 whales" pumping BTC. He clearly doesn't know what he is talking about when he said that the growth was inorganic which is really laughable to think of especially when we waited for 1 and half year for BTC to pump up.

winter is coming .... August. Will be bad for bitcoin , bitcoin will fall under 6000usd
beware of this market
They are looking for investors to sell their bitcoin at expensive prices

 

So that is a MAYBE and no concrete evidence?is this what you magic ball says?😂😂😂

Lol what about now that Bitcoin reaches $14,000?

And just because your altcoins don’t go along the growth of Bitcoin you are saying that this I a fake bull?thats a nonsense mate because altcoin holders are now converting their money into bitcoin that’s why the alts are leaving behind the scene of bullying

Well, this is a good trend and to fall to $6k I don't think it's possible for this period and winter is not the reason for the price to be dumped, if winter this year the price is still stagnant at the current rate, then I'm sure at least this year isn't there is a fake increase and completely it is a recovery to reach a new ATH.

Nothing but slow bleeding and dumps since the crash off $13,200. :-\

This is the first time during this entire correction (since $13,800) the market didn't bounce properly. We dropped $2,200 without a single bounce larger than 38.2%. Previously, 61.8% retraces were common. Did we enter a new bear market or something and nobody told me?

why do you expect ongoing price increase after a little correction? its also possible to go sideways for some time until we see the next increase. what we actually see does not mean that we are going down again.

I think there is no evidence that this is fake Bitcoin Bull Run because there are visible economic reasons behind the bull run. Huge speculations in Bitcoin is one valid and genuine reason for the rise in the market value of the coin. In addition, crypto market cycle is also one reason for the rise in the market value of the coin. This is actually the period after recession and we are on the way to revival.

The only reason that we are already in a bull run is that institutional money is flowing in + don't you guys forget, we will have the next block halving next year.

That alone will push the price and make a run because everyone is trying to accumulate more bitcoin prior to the said event and just wait for the massive exponential growth similar to 2017 in 2020-2021.

Nah, you're still a few cards short of a deck there my friend. If institutional money really is in the game, then this bull run (as people are calling it) has got to be one of the most underwhelming ones to credit big money for. And that's even pretending that bug money didn't already come into play as early as 2016.

Halving? That's also got to be priced in long ago.

Got to think about less obvious fundamentals I think. Network. Usage. Security.

The price isn't yet satisfying to everyone that is why some investors never looked that we are in bull run already but to think that this is just a trap, and they are wrong, totally wrong. What we have now is just a market flows, we shouldn't have to expect that market that it will keep on rising rather than to see its fluctuations arises.

Just normal market movement. Up and down. Yet, we are in the increasing value of bitcoin. In a matter of months, we will see it reach about $15k. With how many crypto users are onboard already as compared to the past couple of years, no doubt we are heading to much larger adoption.

Yeah, it sucks to see the price pulling back to $10k. Well, this seems normal for a couple of days before the price was hitting at $12k but now it just stopped at $10k and i admit that i was surprised though. Anyway, at least it has been stable in a month or so while staying at this price compared to the price before when it is at its worst, although that was the best time to earn and collect more Bitcoin for future investment.

10k is the optimistic price target for the moment, I really want to see it closing above 10,400 in the next 4hr bar for me to believe its not going to encounter rough seas in short order -

https://i.imgur.com/uGLIslx.png


So the best chance the bulls have right now is the 50 moving average, it is around here.   9958 might be the 50 DMA and I also see a bounce is appearing but my advice is to get that 10,400 figure or assume a fair bit of profit taking occurs.

Im not agreeing with OP, fake and all that as its just natural rotation.   We went up in a bull run and now its buffalo run, which is where the herd is culled.   The trend as I can see it has been lost, if it regains it I'll say so but I believe there is some significance in this negative price action and it will not end positive on average.  However theres still some time in the few hours ahead for that to prove wrong, we'll see.

Looks like you almost got what you want, but I guess the damn bears in N America were adamant about ensuring that when Japan/China woke up, they were left with 2 choices. Push on for difficult resistance, or allow the pullback to deepen so they could take down the price back to 4-digit levels... where re-entries are far more profitable.

This took me by surprise tbh, even though I've always felt that all the past few months couldn't possibly be the rally people'd been waiting for. Not quite just yet, my friends.

Unfortunately, we are still down again, and now, bitcoin price reaches $10,171, and it seems, the price is going to slow to increase, and it stuck in that price. But I still have faith that the price will start the rally again after we reach the bottom of the price and who knows, we will see the price can start in this week.

And it seems, if we take a look at the market, there is a war happens between the buy and the sell order and that makes the price is going to go up and down. In the poloniex, the price sell stops at $10,206, but the buy order is change at $10,164, and I wonder when the price will increase higher.

So if the altcoins are growing as fast as btc,this will make the growth more "organic".Right?I don't think so.
A lot of money moved from the altcoin markets into bitcoin,but that doesn't necessarily make the bitcoin price growth "un organic" or fake.Yeah,the crypto whales are manipulating the prices again,but they are going this for the last 6 years.

To be honest, neither is there any evidence of an authentic bull run, just because there are visible economic reasons for a bear market.

You just said the most important point about huge speculations. That is the only valid reason for the rise and fall of the coin. There is a lot of utility for sure, and that results in long term growth. But the spikes and the dips, those are all about speculator action.

The next bull run will be a real one.$10000 price ? forget it and say hello to the new bitcoin price which is $30000. Accumulate as many bitcoin as you can while preparing for bakkt launch.

bitcoin need correction to 5000---7000 for example   

Does all the world use Bitcoin? for sure no


Bitcoin rose a lot ... and this is not good

High percentage of fraud sites due to currency appreciation

Trust in exchange sites, many of them fraudulent, has not remained

You mean a bull run that is more real than this one, or are we talking about a less fake one? Seriously guys, what's the difference in the end?

Organic or forced. Genuine or artificially produced, the fact remains we sell and buy at the price dictated by the market. It makes no difference so why the need to get all academic about it =)

Nope! The condition of the market is not associated with any political parties to make a change in the price of Bitcoin/altcoins.

And btw, what do you mean by "Only one bitcoin participated in this rally?"

The market is obviously changing due to the people trading everyday.

It's not totally associated because in the first place bitcoin and crypto in general are decentralized but it politics could somehow affect the price of our crypto assets if the country you are in are not so clear with their stance on crypto, people will also have some doubt holding it as it's possible the government would ban it, so that's a big risk. But... those are just small risk for me as we know bitcoin is accepted in majority of the world and no one can stop us from transacting using our private wallet.

Not all pump is a Big whales trap but the current price performance in which the price is now stable with the new $10,000 resitance is a real demand now. We should not always expect that Bitcoin market will always create a domino effect on Altcoins but sometimes we should think that Altcoins users are moving in Bitcoin by choice because they believe and trusted it for a very long time.

Bull trap or not usually proven by something like this, this thread created June and now already September and bitcoin price look stable like what you said. But maybe if pump is happen for short time, maybe manipulation is still happen and i think it is not happen yet for now.