Bitcoin Forum

Our CEO at www.elrond.com once said: "Ignore the noise, think bigger, plan long term" - so regardless of current market sentiments good projects ought to focus on the tech we must deliver - focusing on the BULL RUN too much just distracts teams from achieving their goal.

In regards to the tech I'm talking about - Check out this thread and see what I mean: https://bitcointalk.org/index.php?topic=4430681

Thoughts?

I don't see any other ways to trigger next bull run this year again but mind you let's keep hoping that Bakkt and ETF do there thing by January and February 2019 then just maybe we can see a huge spike ,even if we don't see any after the approvals it will surely return by year ending of 2019,let's all wait and hope for the best ,and long term is still the only way for me

Might just be that Christmas period is not helping at all - people just want to lay back and turn off for this period. 2019 - sounds like an interesting year indeed.

Has a point of ignoring the noise which is totally annoying now.

Everyone shouts "end", "dead" for cryptocurrencies. We're nearly half month to end this year and there's no significant bull that has been seen. Too many predictions failed this year and this losses confidence for those who believed those.

The most obvious thing to be optimistic about is Bakkt launch and potential ETF's being approved. That's looking like Q1 2019 at the earliest but I wouldn't be surprised to see it pushed back to the summer of 2019.

every project or investment must go through a process, sometimes we go through difficult times and sometimes also profitable. therefore we are keep calm and continue to focus on work, so that our plan can run smoothly and reach its goals. trust yourself and keep learning, that's what I always do, because I'm sure crypto isn't for today or next year, but for the future of the next generation.

ETF's will not be accepted on February.

That's why almost all people here are 80-90% losses. BECAUSE THEY IGNORED PEOPLE LIKE ME, FOR EXAMPLE. Now, get REKT

Exactly, Bakkt bitcoin future offerings and the Van Eyk/Bitcoin X ETF's are the two major news that can put the market into a bullish sentiments. But we have to wait till January-February 2019, so patience is the key here.


But its going to be inevitable. Obviously, people get REKT because the market sentiments have change. But if you're not selling any coins and just HODLing it, then you won't suffer any lost. This bear market has teaches us a good lessons so I do hope we learn a lot from it.

Plan long term is probably the only thing you can do to survive this time. So either that or the market leave, but leaving is not an option for me. That is why i am starting to plan long term and i hope i have succeeded.

Good luck mate!

For those people who understand the technology and potential of cryptocurrency, they are not afraid of all the things happening in the prices of the coins. They know that the current downward trend will end. We should focus on ways in improving the technology such as adoption and applications.

Bull run would come if people will stop expecting it to happen and when people will start to give up. There is a good time for whales to start it.

What do you think is the importance of scalability in discussing adoption and applications?

Nothing is activating the bull run, let us in one accordance enjoy the bearish period together
there is no demand for bitcoin so there is no bull run

maketcap has dropped over the months, dont expect a sudden miracle to pump it up withing weeks
don't be deserved, don't be fooled,


face reality, ignore suggestions and experts
be yourself.

"ignore the noise, think bigger, plan long term" - also stay positive :)

I don't think there will be one single event that will trigger the next bull run, for me what we need most is a working dapps that will change the misconception about crypto, if we could get a dapps like pokerman and for me with the way thin s are now we are likely to see this bear market go longer than we are prepared for though we will see some pumps on the way but people need to be prepared

Reality is nobody knows for sure, I think we need more than just the SEC approval for the ETF to start a bullrun, it has to be a mix of positive events

Agree with you there - more building and real world use cases.

That's thy people need to start having a long term perspective

I think when the groups discussing cryptocurrencies become quiet, and investors who have just entered the market for a short time are leaving it, then we can think of the next bull run.

Interesting perspective...

I think that new projects will take their place in the history of crypto world unequivocally, but a turbulent market that is now in decline can really discourage developers and investors. The author of the post is absolutely right that the best will be those who are really focused on their business. Otherwise, the interest in the project will quickly fade due to the omission of the initiative. The market is still to recover and will give really relevant projects a good chance to shoot.

I guess Bakkt and ETF in January and February might have a chance to activate the next bull run. If not, we have to wait till the next waves of good news or crypto adoption.

Concerns and priorities should be placed more on the form of new projects that are now being integrated on blockchain, considering mainly their techs. If these projects can deliver, then we need nothing to worry about. Let's just start from there, then more people will trust in the system and that might pull for better regulatory frame work on crypto. Afterwards, we will see a surge in the market.

Let's hope for the best :)

We can see bull run when huge moneys will invested to the cryptocurrencies.
For this need to make big changes in this sphere, or exit from scam ico's or develop next stage blockchain

Nowadays everybody declares whatever suits them better. That doesn't mean that they are correct and want to help you. They usually want to sell you something.
In this case, although the idea "Ignore the noise, think bigger, plan long term" is 100% valid, the top post has 2 links to a coin/token/ICO thing. I don't say the coin/token/ICO is bad, but I don't like this type of "hidden" commercials.

Thanks a lot for your comment -  I appreciate the interaction. I'm sorry you felt as if I tried to sell you something. I believe there's nothing wrong in interacting more with the technology. The link at the end is for people who are interested to offer feedback on the project :). This doesn't change the legit question of the post and the discussion here.

I myself agree that it must focus on a bull run, because if it focuses on the market, it will reduce the enthusiasm or optimism towards crypto that we have loved.

Wise words from one of the richest people in the crypto space We will see the new wave of hype very soon guys! Keep believing in crypto currencies and wait for the better market conditions to get maximal profit.

the market is a reference we continue to join crypto, but it's not good if it's too focused on market problems. we also have to look at the development of new projects, I like your advice not to bring our minds to these bad market conditions.

I think that the basis for a new bulran can be the adoption of international regulation norms and the influx of large capital into the market. I think that the basis for a new bulrun can be the adoption of international regulation norms and the large capital inflow into the market. Until the issue of regulation is officially resolved, I would not wait for a change of market trend , because it require a really fundamental reasons for this.

Even there are some experts failed to predict the chart of crypto. Remember only crypto can change its own trend and there was no way for us to predict the trend of crypto. There was a lot of FUD in the market and that will be so difficult to prevent them all from spreading bullshit.

Don't think of bull run , I see many hit and run people asking and asking almost every seconds in the forum about bull and have nothing to add to the ecosystem again than seeing pump of price , it really annoying that every one is only in for the money and not having any thing good to add to this great tech.

I think you're right there - That's why at Elrond - we always try to get people talking about the tech :)

People who are constantly asking when a new bull run will happen don't realize how desperate they may look in the eyes of whales, people should stop thinking on that and let things just happen. I don't know if there will be another bull run but if it happens, it will not be predicted by anyone.

Maybe with ETFs it will spur Bullrun but I don't think that for this year, it's very difficult to get up in an instant after the continuous downturn over the past few months, but I still believe that crypto currency will be the future of the world economy

I think he is encouraging everyone. Belief in something is very important to success. I still believe that the bull run will take place in the near future . But I do not know what will help this happen  ::)

I also think that projects should focus on developing their technology rather than focusing on the market, but if the market is too bad it can have a big impact on the capital of the project.

That is true if you are serious investor, trader or entrepreneur you have to think long term, stop worrying about the short to mid term bears, just think about the bigger picture that is still supporting the future of crypto so definitely market will recover.

We think it's a long-term one, but a bitcoin that has fallen to 6x a year is destroying investors. No one would be so pessimistic if it fell.

I just hope this two major decisions about bitcoin come 2019 is positive else the price will not have any significant improvement in terms of bullish sentiment, of course major investors are watching as regards the key decision ( Bakkt and SEC ETF) which can make or mar the future of Cryptos.

Think of it from other side: Why is it obligatory to have bullrun in the future?
What if we will have steady and logical, adequate increase in prices?

The next bull will only Kickstart if there is a strong acceptance by Some of the biggest financial and monetary governing bodies, If these bodies put out a strong statement of acceptance. This will not only reassure the general public and world economies, it will lead to more investments from corporate finance companies and individuals and of course with new funds being pumped into the industry, we will likely see the bullish run again. We all know when more monies come in, it dictates the demand for coins/tokens leading to more purchasing activities. With that, the market will surely recover.

Don't think that's gonna happen anytime soon tho.

My guess is Ethereum 2.0

It will be in 1-2 months, bakkt and others will push the news and voila, a new bull run! Or i hope so.

Same thing as what happened last January,  fat investors are in control of the next bull run. If all of them decided to invest at the same time, there will be a bull run. Also, we need new investors to cover up for those people who already given up on crypto currency. Maybe thing will be a lot better if those scam ICO's stops. They are the reason we are losing investors.

Only the desire of big players to somehow influence the situation of Bitcoin and the entire sphere can affect the beginning of growth. See, now everything comes to marketing, therefore, to attract the people we need large investments.

When the noise is removed, only those projects that are truly valuable will survive. This is the key to starting the next bull market.
We can now see that many garbage projects are being cleaned out by the market. Although this will bring some losses to investors, if we are awake, then we should realize that the current ICO market is almost a scams market. Is this really good for crypto?

A lot of confidence needs to be brought back into the crypto market and one of them has to do with regulation of the ICO projects. A lot of persons have lost faith having lost huge investing in shitty ICO's which eventually turn into shitcoins after launch. Regulation will ensure there is no scam, project is solid and real and investors have some level of protection.

i am not sure when and how it will happen, but i am sure it will be happen. So be holder for long term, also i believe that this technology will be very useful in future so when this technology will be using all around than i am sure about the bull run.

How do we believe in that? Many experts predicted that and all of those predictions did not happen, I call it FAIL .

In this market, we should not believe any one even yourself because you can know the market, market is always right. Choosing good strategies is always best way to make money even we are in  downtrend or uptrend or in any market.

I just want to answer what will activate the next bull run regardless of what many other people here are predicting about the time of bull run happening. I believe bitcoin ETF will be the thing which will activate the entire crypto space. Yes, we must need more number of new investors who will be bringing huge amount of money from the rest of the world to stop up this falling market. Bitcoin ETF will promote this crypto space into lots of new people and also definitely will lot of institutions will start investing into cryptos. This will end up in a very big trend change.

When bitcoin will be into positive trend, as per what we have seen in the past times, altcoins also will be turning into positive trend. So, we first need bitcoin get into positive trend so that altcoins market will be following bitcoins.

The crypto market is one which is full of surprises and eventualities that will you leave you in awe. Having been in the industry for a while, for me it's hard to say in exact terms what will trigger or activate the next bull run. Many have hinged on BAKKT or a Bitcoin ETF approval. But like we always say, the market has a mind of it's own. Fresh money will be only catalyst to a bull run IMHO.

If we take into account that the actions of institutional investors led to this, it turns out that only they can solve these problems. It is necessary to take full responsibility on them and wait for their actions and decisions.

based on what i have been seeing the market is currently filled with a lot of wounded newbies who are trying so hard to make an exit while recovering a small part of what they have lost so far.

this means any altcoin price rise is most probably is a dead cat bounce because these newbie bag holders will dump their bags. additionally there are whales who are letting the other newbies fill the order books before the dump.

with all that said there won't be any "bull run" for a long time in altcoin market because of the sell pressure plus the fact that there are no new/fresh newbies with money coming in to help the pumps anymore.

I think you do not know about the dump market of 2013 when it continuously dropped for three years without any recovery and then after three years it reached to more higher value. The same will happen again and this time the recovery started after one year.

People starts to think as pessimistic because of its fell.

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And many already abandoned and forgotten bitcoin because of those corrections. Bitcoin has grown for a lot of times within these years and you guys only notice the corrections.

I support your view, coin with good tech will attract mass adoption naturally because many people will use crypto by using the tech and they won't be were they are directly using it, for example block vee, they have great tech it is just a matter of time before it is wildly adopted by digital collectible users.

each team really has to focus on their respective goals even though there are issues for bull run that we still have to continue our work to achieve a good goal, stay focused.

Absolutely true. Many of the failed projects did not stay longer because of the mindset of taking only their target and having their project listed. Bigger picture should be taking into consideration here as always.

Well, even if we plan long term and we are not accurately invest in a promising coin still we're gonna lose. The right thing to do is to study deeply and think about possible outcomes that our decision can make. In this case, we are not just investing but, investing with assurance.

I believe that if the US government gives the green light to cryptocurrencies, as it gave the green light to cannabis, we will see a colossal growth that we could not even dream of. It is necessary to wait for the decision of SEC and other bodies.

I have to say I've never heard about this comparison between cannabis and crypto :)

I think that if we find people who can invest in lobbying cryptocurrency interests at the government level, it will lead to rapid decision-making and the creation of regulatory documents that allow institutional investors to legally invest in cryptocurrency.

I think that the most important reason of a new bullrun is entering institution's money in the cryptoeconomy. That will stimulate market and all cryptocurrencies will show us a new wave of growth.

But i am afraid most of the investors are turning away from crypto due to the negative news it have this year plus the fact that there were lot of fraudulent activities related to crypto. Putting money into the crypto economy might be the good start on stirring the community to possible bull run.

A true investor won't go from crypto, he knows what to do, so don't worry and I believe that all this must be faced with a cold head.
Fraud will always be everywhere, not only in crypto, so be careful and stay alert.

I think this December is done and dusted. Now hope that the new year comes with good news and alot of good news is what that will bring the confidence of investors back into the industry. Other then that, it'll take alot of time to recover.

Cryptocurrency, especially Bitcoin are for long run investment, though BULL RUN is one of the most awaited in the market as we want to maximize the time and profit.
Waiting will take a long long time to do, Most people wants to buy low and sell sell before the bull run ends.

Yes that is because too much people are so worried about the current market situation not thinking about the best in crypto for the next few years. I guess we should just play cool and do out business without fear, in this case, we will be productive.

who can activate the bull run is only mass adoption. without that crypto only moves on speculation. everyone knows crypto is only used for investment now there is no real adoption to use everyday. this is what crypto is different from FIAT.

There were couple of reasons of the bull run idea for 2018 - institutional money, ETF, bakkt. Nothing happened of those this year. Institutional investors are not stupid to buy on high. They already buying on OTC during dip. Other aspect are left for 2019, but I still not sure if we will see bakkt launched this January.

The problem in this sphere is its investors. Most people came here solely for quick money. They do not think big numbers and do not build long-term plans All ends with their tip of the nose.

I noticed that many people are aimed at the stabilization of the market, with its own name, but as kriptonyte no such person, that all would bezprikoslovno believe - it is not working.

 Bull run will come when it will come, we have to patiently wait it out and don't fall victim of the fake predictions flying every where,  make your own strategy and be at alert

Personally, I think the only thing that can help, from the immediate situations, is the SEC's decision on ETF. If there is a positive decision, then anything can start, even Bitcoin 50K.

The SEC are recruiting crypto experts and they wouldn't bother to do that if all ETF applications are going to be rejected. They know that at least one will be accepted and it will pave the way for a huge pump - some in the know are already buying

I agree that in long time the price will be way higher then now, the price for bitcoin i mean, and people who are long holders and who trust bitcoin will get a nice profit and will have enough money for what they want, but will be need some time for this to happen.

I understand why Binance employees are trying to restore the situation, because the activity of traders is directly related to their profitability, and the falling market just reduces these indicators.

I think so. At least we have seen how those who believe in btc were millionaires. At that time, the situation was even different from the present. And as long as we believe, repeating will be possible.

I believe that most BTC users are its loyalist and apart from its investment benefit which we should not be strictly looking at most times like the OP said, the technology it brought has really assisted a lot of its users in meeting up to payment requirements that they fee its absolutely impossible.

So many people has been freed from the bondage they have been under other payments systems such as Paypal and co, this tech alone is more than enough to keep bitcoin going for life and as we focus more on the solution BTC brings to the Financial Institutions, other benefits will follow such as the one we are all crazy about now (for investment and store of value).

It seems something already activated and there is not anything on the sight.

Crypto just looked for the bottom and it found some months ago. Now recovering and in some time there will be the search for the new peaks.

By itself, a falling market does not reduce the turnover of trading. The smallest volumes of trade take place during consolidation. If exchanges are interested in increasing trading volume, they should withdraw assets from consolidation. I hope this started to happen in April.