Bitcoin Forum

Winklevoss Twin says,


The full article is here, https://cointelegraph.com/news/winklevoss-twin-next-bitcoin-bull-run-will-be-dramatically-different/amp

It can as well be different in the opposite way. There's more people but also more holders who bought Bitcoin in the longest bear market in history.

I hold my coins and I'm bullish but let's not forget that if all those people who bought for sub 10 thousand think of 20 -25 thousand as their target we may never go very far.

The big bubble that used to be 5-10x can this time be only 1 -1,5x and this will make it dramatically different. The next bubble in 5 or more years can only be 0.5x and so on. It still won't be bad because imagine going 0.5x from 40 thousand dollars. That would still leave us at 60 which is a great price. I wouldn't wait for 100 or 200 thousand dollar bitcoin though.

While I applaude the positivity and the enthusiasm of the Winklevoss twins in bitcoin, at the end of the day they’re still just like you and me, wanting to make something out of our curiosity with this tech. I find it kinda funny that they are trying so hard to market bitcoin even though those things will just come naturally without them shilling so hard for bitcoin.

I’m most certainly bullish for bitcoin, but I won’t go through lengths and whatnot to shill for it so hard. Heck, it might even go opposite of what they’re predicting, just like what Tom Lee always does.

It will still be the same in my opinion, same as what happen to the 2017 bubble. The one that push it are those "irrational buyers" or what we call FOMO. Institutional money are already inside since the bear market, whales are just around the corner playing in the market. But what we haven't seen is retail investors who are willing to sell their house just to get in the bandwagon in the bull run, whether in the middle or at the tail end of it. High quality projects? did he mean upgrade to an existing one? Because I haven't seen any in the last 2-3 years except hype one specially in the IEO era and now this DeFi.

This time a lot of people have a memory of the 2017 bubble, either as participants or as observers, and the lesson of that bull run was that you should dump your coins when the price goes vertical, or you'll regret it for years. So, it's likely that this time the height won't be as big as some hodlers expect - I personally believe it will only go to $30k, maximum $40k. This exponential growth, where every ATH is 20 times higher than the last ATH isn't sustainable, and I think this bull market will be the one to break this trend.

Considering how the crypto market is growing, the bull run of Bitcoin will not be as the same as 2017. Personally, I don't really see a bull run of Bitcoin like 2017. Looking at the Bitcoin market from 2018 to now, the bull run will be like a 10% increase in the previous market value of Bitcoin and the market might drop in few days after the rise.  I don't think there will be any dramatic different as stated by Winklevoss Twin in as much that there are more capital, infrastructure and better projects.  People have learnt to understand the bitcoin market. Due to that, the next bull run of  Bitcoin will not be significantly huge as before.

It could be true, but remember that the market is a boom and bust cycle. So those who got REKT in 2017 might have learn their expensive lesson, but there are going to be a set of new investors, who didn't study the market well but just jump on the hype train similar to 2017. And how many of us believed that there is a 4 year cycle here?

So it's going to be cyclical, there are going to be new investors that are willing to enter the market even if we are already in the parabolic rise, so I don't believed that there will be something 'dramatically different' in the next bubble.

Market would really be only having 2 types which are those positive and on the negative side.You are definitely right that those people are just the same on an average joe that do make their own speculation.
Different or the same no one really knows on what would be the next bull run but to  presume that we arent really the same wayback in 2017.For sure theres a higher level of recognition and attention compared
back in the past but doesnt mean that those traditional  industries would just easily recognize crypto market.We are heading there but no one really knows on when it would happen.

That same thinking applied in 2013 and 2017. Skeptics said the same exact thing. "Too many people got burned last time, it'll never go exponential like that again!" Those skeptics were wrong.

Most people are aiming at $25K-$100K. That tells me the next bubble will top much higher.

It's impossible to predict but I wouldn't be surprised at all to see $300K-$400K, especially since so few are expecting it.


Could be. There's another possibility: BTC adoption is following an S-curve, and we haven't even seen the exponential mass adoption phase yet. :P

https://ittybiz.com/wp-content/uploads/s-curve-business.png

I like the optimism of this twins and they are there since the start (or at least near the year when Bitcoin was created) but still, they are just predicting like we are mostly doing right now :D.

Although I agree that there is more capital being injected right now in the crypto market, the high quality projects right now and in the year 2017 is the thing that I don't agree with. In my observation, I think that there are more high quality projects in 2017 than today.

People right now are more knowledgeable compare to 2017 where there is too much hype on it. This incoming bull run will be different for sure since the investors this time isn't the same as the investors in 2017. Either way, we are all bullish and we are all expecting that a bull run is coming. Whether it is different or the same as the past bull runs, what is important is it will happen :).

I actually expect those that experienced the 2017 jump train to be more expectful of the next Bitcoin bull run. Yes, they learned their lesson, and would probably invest much earlier when prices are low to wait for the next bull run. That's imo anyway, I'm also expecting a lot towards the next bull run after all. Not to mention that 2017 brought a bout a huge number of people to the community, and with them learning for 3 years, they should know that Bitcoin has the capability to reach higher heights.

Plus, considering that investors pulled out of stocks due to the pandemic, I can expect them looking for something to invest in. Who knows? Bitcoin may just be waiting for some sort of trigger to happen right now.

What does it mean that High Quality Project are more now compared in 2017?
i think that claim is far different to reality. because as far as i remember it is 2017 is most successful year for ICo before ending in 2018.
well articles sometimes are not all reliable,we know how manipulation and red tapes happening in crypto.
Greed is the main reason why people have learned their lesson,looking for higher profit until they did not notice the price is falling.

it looks long to you probably because you never checked the historical price movements and the bear markets. for starters the last bear market before this one lasted 2 whole years which is 8-9 months longer than what we had last.

the bull runs are only going to get bigger each time because each time there are more people adopting bitcoin. for example if first bull run 10 people adopted bitcoin the second one won't be 10 or less but would be higher like 30 and the next would be 100. that is how the growth is specially for something like bitcoin that has been kept back with a lot of FUD and limitations placed by mostly banks preventing people from dumping their fiat for bitcoin. as the FUD and limitations are lifted more people shift towards bitcoin.

How does the next bull run differ from the previous bull run? A bull run is all about the rising of prices. The bull run in the past few years will essentially be the same bull run that we will see in the coming future.

The difference perhaps is that we may have more grounds for bull run today than in the previous years. There is more reason now that there is a stronger bull run happening in the near future than in the past. More people, more wealth, more interest, more understanding, more trust, etc are with Bitcoin now compared to years ago.

Well if we take into account the bullish and ATH trend of Bitcoin it has already happened, and each time the market grows, because every day there are more Bitcoin investors and believers, the more people enter the market the better, because by simple supply and demand the price It will rise, taking into account that volatility and the market is so unexpected, that any investor knows that buying right now is the best thing to do.

We are in a phase of the market that long before the pandemic some thought we were entering the phase of bullish trend, even today it can occur at any time.

Yes far different from reality we know but it can be said and considered for last 2 years atleast. Now many projects are getting successful and big projects are coming. Things can be changed any time in any position. But positive minds can bring good situation.

Dramatically Different because adoption will do along with this bullrun.
The pandemic will help these people decides what had to be done after the devastating effect of the current fiat system. I'm sure those who bought below $10k would target just more than$20K for their take profit but those dumps are going to be bought by the ones who are more greedy that will aim to hold for higher price.

The banks that are affected today will likely try to dominate in the next attempt they'd do for the new currency system. There are already cryptobanks who thought they can operate in crypto to which they still are gaining trust.  

It's true that we are the same as them wanting to see bitcoin at its highest. This is like the hype and statements of what John McAfee said during 2017 which also triggered a lot of people to believe him with those hyping words.

They have said that there's more this time and it's no longer a balloon that enlarged just like 2017. Although a fact that bitcoin remains a speculative asset, there are more institutions that are looking seriously on it this time.

During the year 2017, each and every token without any usecase bumped it's market. During the time period investors and project owners earned big out of the bull trend. Now the scenario is different with more and more projects emerging, but very limited projects succeed. This is the difference between the year 2017 and the present. This has happened as a result of awareness, development in infrastructure, technology learning, all the above usage from common people has increased in a much higher margin.

Still remembered how the bull run was in 2017 and early 2018. That time I was just watching that bitcoin going up and up. I bought some amount of bitcoin at 1700$ around 2017 May-june. But in the year end bitcoin was aroun 15000$ which was almost 10X where I bought them. I think the next bull run won't be the same. Because the market has changed, the market and the number of investors also increased. Bitcoin is now fully unpredictable, no one knows what will happen in upcoming days. But yes bitcoin still has a great value and people love to hold it.

So, is it because there is development in some aspects like business adopting bitcoin then we will have dramatically bull run? I don't see any different with the next bull run if that happens. Adoption is given and we can see how far bitcoin is growing, more projects that has potential use as before but there are circumstances that the more we expect it to be that way (as go further dramatically be different)  the more it stays the same. Progression is normal and so the the market, too.

There’s still at least one more huge rise of great multiples left in bitcoin. I actually think there will be two (one after the 2024 halving).
I expect to see 6 figure bitcoin price next year & possibly 7 figures after 2024 halving.

That If people keeps following the Bitcoin halving trend, which I also believe more than 50% of investors will.
But, does Bitcoin block halving supposed to make a great bull market? Or is it just because a lot of people believed so?

Anyway, this prediction is non different than other big name personality's predictions. Bitcoin is bound to break these figures, but the question is "when?", because many investors and traders believed it will. These people are just making a scene and are trying to affect the market sentiments.

I read the article very fast, I didn't see them mentioned a price as their prediction, all reasons are saying that it's bigger and better this time, so probably if we translate that into figure, that would mean a bigger price compared to the last bull run, hence it's expected to see a bull run this time.

I hope the bull run is just around the corner, haven't heard from them for a while, good thing there's a fresh bullish news from them.

It's a question of magnitude.

Since Bitcoin's price is directly related to adoption, we can think of its price cycle in terms of technology adoption curves. Now if BTC is to become mass adopted, then we're still only in the early adopter phase:

https://greatdisruption2018.com/wp-content/uploads/2017/10/Technology-adoption-S-curve.gif

Consider the implications of that. The chart visually shows how the price cycles seen in 2011-2017 may just be tiny blips compared to the mega gains coming during the mass adoption phase.

People around here can barely conceive of > $20K. Let's talk millions USD.

Last time it was triggeres by Bitcoin bubble as well some ICO hypes that are dead by now. This time Im thinking the reason of bull run could be trigger by ethereum 2.0 which will pulled other coins/tokens, not to mentioned defi hype is increasing and accumulating a lot of funds right now. For the bitcoin case, its the natural adoption of most investors plus the new one that enters the market.

With this pandemic, I think many players realized the potential of blockchain and thought to be safe haven but Im not speaking for everyone.

Does anybody think we can surpass its previous ATH for most coin such as bitcoin and eth?

Though potential is there but we can't deny the fact that there are other existing online resources to be used by the other and provably huge percentage of the people using it for contact less transaction, but what good thing here is bitcoin and blockchain gather much attention on this pandemic maybe that's the reason on why we see some surprisingly stable price when for the past few days or even last month.

But maybe we can surpass the past ATH since slowly by slowly we can see some rise which is healthy by now especially we are still on the hype of the halving + the other thing.

Apparently, it was always been unpredictable way back before. Btw, what do you mean by fully thing there? I'm just a bit confused  :D.

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I supposed so. However, they were talking about some various points that may add up to this dramatic change. I'd say, their reasons were convincing enough though. And yeah, progression is normal, after all but considering those underlying stuff on what would made this progress different from what it was before shouldn't be disregarded, as it may help you decide when to take part in, and when not  ;).

Thats because alot of people are now aware of hedge level of crypto in terms of inflation and Kiyosaki statement about bitcoin is also enough to move the mind of his book reader to crypto.

I also think the price of bitcoin market could reach 7 figures in years to come after future halving but with the volatility in nature of the market i strongly believe is too early for us to predict 3-6 years market price now because such expectation may also need to disappointment. However, making such prediction wont make us different from those analysis that mathematically the predict of crypto market.

That is so dumb. If there would be the same amount of capital ready then we would get Bitcoin price to $20000.  Many predict price of Bitcoin will go to $200k.  So yes a whole lot of more capital will e needed to do that. Many many times more then what happened in 2017.

True, but just because it wasn't correct the last time, doesn't necessarily mean it won't be correct this time. In 2013 barely few people outside of crypto knew about the bubble, but in 2017 the late stage of the bubble was covered by all mainstream media, even national television. Awareness about Bitcoin, and its reputation as a volatile, bubble-prone investment is much stronger now.

$300K-$400K is a really cool scenario, but I think hoping for it is more likely to make people miss out on decent profits or just cause losses for those who enter later.


To me S-curve always sounded like a justification to have this extremely slow adoption that we have now. There's no evidence that Bitcoin follows this curve or any other.

We dont need hype or something similar, what we need is gradual increase at the same time having strong supports which wont easily make the price crash that hard.
We have seen for how many times that the market is being hyped up or being pumped that fast but what happen later on? It did crash and i dont prefer to see that again but we
dont have full control on whats gonna happen.We should be at least thankful on what weare currently seeing  at the moment which price is starting to cling up
and reaching to previous ATH would surely not a simple ride on where most people do anticipate that much.

I'll go with Mark Twain over winklevoss, history doesn't repeat it rhymes.    It will be different but people always underestimate the size of the move possible and the volatility while it does it.  So 2017 as I understand or remember it was off the scale in giant moves downwards while somehow looking back it just seemed to keep rising beyond any expectation.   So that part I do think occurs again and also I still think 2021 is bigger then 2020 for the lagged effects of halvening and other accumulative pressure on BTC to the upside.    Possibly right now we are just repeating last summers highs and redistributing speculation since then, also BTC doesn't operate alone we have disruptive waves incoming from main markets both inflation seems apparent  then the difficult part is deflation is going to knock us off the surf board at times too.

If we talk about adoption, from 2017 to the present, I guess we can say that there's a lot of improvement already. D

DeFi was not their in 2017 as ICO was the favorites, but now it was hype and the market is currently bullish, and not only that, there's a lot more that would contribute for bitcoin to pump, however, it's also possible that bitcoin will not break its new ATH but we will be seeing a stronger market where price are more stable so it's less likely to see the same scenario in 2018 which is a consistent dump throughout the year.

The growth could be something that is slowly but surely, this wouldn't cause panic as more big investors are willing to hold and will not play on the price unlike what the whales are doing.

Very much different because we have new concepts that are not around in 2017, and coins that are in the market are real projects there are no pump and dump coins anymore that are on top of the market, and investors are more discerning now more than ever  they only support projects that has potential for future development not to mention the many industries and institution around it now.

There's a big possibilities that this statement from the Twin would happen along the way, with the exposures of bitcoin being
means for transacting over borders and those who uses their bitcoin online, those successful transaction will build strong bonds between
senders and receivers, more money to play inside the market and more actual businesses to adopt this chain the more bigger t
he chance to expect more value from this cryptocurrency.

Awareness isn't what matters to price. What matters is adoption (buying) and the collective refusal to sell.


As usual, old timers will probably sell way too early and newcomers will buy high and baghold themselves into deep losses.

Very few people exit at the top.


I've never heard it used to justify slow adoption, but it stands to reason that if a curve is exponential, the rate of change during earlier periods would be slower than later periods. That's the nature of exponential increases.

There is no evidence Bitcoin is following an S-curve, no, but in all fairness that can only be known in hindsight, after the exponential increase has already occurred.

There is also no evidence BTC will be capped at $30K-$40K in the next bull market. ;)

You’re making a point here, that’s why everything basically all about demand and supply. Like you have said if these people have a target of $25,000 and $20,000, that means that once we approach that level and many starts to sell their coins in the market, we are definitely going to start falling back to a low price. Although I don’t think that’s going to happen, because I’m convinced that majority of the people here are looking forward to a price that is more than that. I really can’t wait to see the price go really high, more than what we are seeing now.

The nature of those investors are no longer the same, most of them are doing deeper research before making any investment, it's a good sign that being matured and looking for better reason before taking any participation to any projects is very in need.

Those who failed to  do DYOR are mostly being moved by fomos forgetting the essentials of having a well established foundation before taking their decision.

With new breed of investors the cycle might be more different than what happened last 2017, conventional traders are more into reasons and not just pure speculations, better to make yourself well prepared working with this new people around this market.

Yeah, and those who now reside in the camps either side of Bitcoin are a lot more stronger in their convictions too. Combine that with the level of knowledge and awareness (doesn't matter right or wrong) from 2017 to 2020, to the previous bull runs, and it's impossible to ignore that people really do know about it today, even if not for the accurate information. Kids talk about it now, shop people, it's in the news. Doesn't matter they're generally wrong or not quite spot on, they're aware of it and there's a million ways now to buy Bitcoin (again, doesn't matter if they're actually owning it with wallets or using investment apps), so if they're wanting in, they're either already in or en route.

There isn't going to be as much blue ocean (term I hear a lot now) as in the past.

But hey, I'll be the first to crack a smile if I'm dead wrong.

I don't think how it becomes realistic in a way that the market trends looks so different from what they say. 2017 is away far from what it happens today, not this year 2020 could we compared of and obviously the market show better that year than of today. We are flooded with shit/fake projects that it makes it harder to move forward because of the trust issues. And this they say good-quality project? maybe they are mistaken and of course not.

This Winklevoss Twin thinks alway positive, they are so optimistic to think that this year will be gratefull than the past Bullrun. But somehow, it is really hard to take that kind of optimism since we already know the current market situation we have today.

quick question: how many bitcoins do these twins have?  ;D

The price went up to $11,200 and we already have all analysts and celebrities from the cryptocurrency world coming out of their hole where they were hiding to make positive comments about bitcoin, but when the price was falling they made negative comments. my opinion is that this time I have to agree with him, because there were really many things that matured in this market, but unfortunately the question of price manipulation made by whales is still a big problem and nobody can guarantee that this big price increase that bitcoin had in the last days is not related to the pump that ETH is having

I am not entirely sure it would be dramatically different, I am suspecting something that along the lines of 2017 where it reached 20k and dropped, this time it could reach higher levels, maybe peak around at 30k levels but it would be basically the same and not too much change, when you say dramatically people think about 100k and more and I do not think that we will reach those levels since they are too much.

Obviously speaking the dramatic change could come from going down, last time we peaked at 20k the price went as low as 3.5k at one point, I hope that next time we broke our ATH, the price will not fall that much which would be the dramatic change if you accept it, but that doesn't mean that the upside is higher, it just means the lowside is higher or at least would be.

I don't expect that having exponential capital and high-quality project this year ( and for the incoming) this year. I believe that these two brothers are acting deliberately different and see only the opposite of the real scenario that we have today. We are not looking into perfection and sees what it really happens in the coming days but actually we can feel what really happening now and it absolutely that 2020 is far different from what 2017 has.

I respect their speculation but neither agrees with them because, in the first place, I base on the real sentiment not my imagination.

They have a reason to exaggerate their prediction as bitcoin is always surprising.
Did we though that bitcoin will reach $20,000 back then? Nope, right>

This time, since the ATH was around $20,000, then it's good to expect a higher price, even $50,000 or $100,000 is possible base on the percentage of increase of bitcoin in the past, but of course, it might be too much for us but I believe a new ATH will make this market have a crazy run again.


That's a good prediction, but I will tell you, your prediction could also be exaggerated for others too.  :)

Buyers will be absolutely delighted to relieve long time holders of their coins who are looking for an exit for what they feel is a decent price. They've got to come from somewhere and there won't be very many people willing to let go of them if they've been here for this long.

We can talk about piddly bubbles when it is reaching saturation and anyone who ever will own it does own it. Until then everyone here should forget about their own expectations. They will be steamrollered by all those millions and billions who are not here yet. They're the ones who define the future, not us, and they outnumber us to a ludicrous extent.

People need to step outside themselves and try to conceive of the sheer scale of what's beyond the little bone box they live in. It's a whole lot bigger than many are capable of conceiving. Everyone should do their best to manage it as it could be the difference between blowing it or winning to face melting extent.

they need to create a new concept because old concepts were already given and owned by the other companies and its against the law if they copy it but pump and dump coins are here and they will not dissapear because some people and scammers can both benefit to it  .

 thats why not all investors support only good projects .  the difference that i feel so far is that bull run now is smaller compare to bull run on 2017

that is not at all true.
for starters every shitcoin that was created has been copying another concept and even coins that are less shitty have been copying bitcoin concept. and that is the case with every single altcoin out there. and there is no law against that because the "concept" is released under MIT license and there is no "company".

as for investors, they don't give a rat's ass about the project being good. all they have ever cared about was making profit, that is why we always see shitcoins with biggest pump and dumps are the most popular even if they were clear scams. evidence is the top 10 altcoins!

I don't think I'd say next bull run will be dramatically different than the last one. I mean sure there is more infrastructure, there might be more quality projects compared to the ICOs, there is the start of institutional investment, and so on, but you expect everything to improve from one bull run to the next. Just saying everything is bigger doesn't make it dramatically different, that is just what you would expect from the next bull run.

Instead of ICO boom it looks like we are at the start of DeFi boom. Bitcoin as always will power the whole market as the principle player, but ETH's projects will drive lots of new people in, and other random altcoins will rise just from people pumping. Pretty much the same as last cycle. Sure price might go to $100k or close to it, but that isn't dramatically different, because of course each successive bull run the price is gonna be a lot higher than the previous one.

So I don't really see what they mean by dramatically different. It's not like Bitcoin is gonna suddenly be used as currency by tens of millions of people and that drives the bull run. Bull run looks to be similar to the last just much larger as one would of course expect.

I don't know exactly what the Winklevii have in mind, but I imagine it has to do with the idea of mass or exponential adoption.

For years, most of us have been thinking of these periodic bubbles as plots along some logarithmic curve, where the cycles get smaller and smaller in magnitude over time. Something like this:

https://s3.tradingview.com/n/NVkyCj2x_mid.png

Personally I don't think that model reflects what would happen in a full blown mass adoption and institutional adoption scenario. The chart above may in fact be compressed inside the "early adopter" phase of this chart:

https://greatdisruption2018.com/wp-content/uploads/2017/10/Technology-adoption-S-curve.gif

In other words, the real exponential gains haven't even begun yet.

Now, it's not guaranteed to be the next cycle. In fact, it's not guaranteed at all. But that's why it could be dramatically different than previous bubbles.

Yeah that is probably what they mean. I don't see a reason to expect it though. I actually thought at the end of 2017 we were at that point (which is why I didn't sell around $20k haha) and I thought after a decent correction the price would just keep going up as we reached the backbone of that S-curve. But after I witnessed yet another normal full blown bitcoin crash I realized that will just keep happening unless we get to the point where use and spending of Bitcoin is way simpler than it was in 2017 or than it is now, since it's roughly the same still.

As long as the driving thesis behind owning bitcoin by the populace is to make money - whether from a store of value, speculative trading, economic hedge, etc point of view - we're going to continue to see these booms where the market gets way overbought, followed by busts in which a lot of the new people run away and don't return for a few years. If Bitcoin ever becomes a great spendable currency then we could see this full blown mass adoption you speak of, where people adopt bitcoin not mostly to make money but to bank themselves and send money anywhere cheaply and quickly. Quite frankly this requires scaling solutions that I don't yet see, much less volatile price, and more friendly tax rules (at least in some places like the US where you're expected to figure out capital gains taxes on every purchase you make with Bitcoin which is essentially impossible). Even just the basic holding of bitcoin in a cold wallet versus a hot wallet makes it hard and complicated to use. There can be solutions to all these roadblocks, but it might be a bunch of years until they all come to pass, if they ever do. In the meantime I expect the same normal boom/bust cycle to continue. Certainly there is nothing I see going on right now that suggests anything is going to be different about the market right now other than institutional investment dipping a foot into the market instead of a little toe, but that's not really different, it's just more money as happens in each successive cycle.

Though I guess a game changer, simply due to magnitude, would be if suddenly hedge funds and whatnot decided they need like 10% of their managed money in Bitcoin to hedge against QE and inflation and just horribly managed finances by essentially all nations - so basically if Wall St turned Bitcoin into a Gold in terms of valuing it as a major global reserve that of big monied interests. Something to hold long term, not just trade of invest in short term during the upside of a market cycle. The sheer magnitude of the amount of money that would flow in would be game changing, and this could be quicker than getting actual global adoption of bitcoin as a currency, but still I see nothing suggesting institutional investors are going to do anything more than dip one foot into the market during this cycle. Maybe 5 or 10 years from now a firm with the sort of dollar value Grayscale has right now in Bitcoin will be considered a little fish instead of THE major institutional player in the game, but right now we're a long way from that.


As a side note, and as antithetical as it is to the whole purpose of Bitcoin, I think the way we actually get to adoption of Bitcoin as a currency rather than a money making game by the populace is third party custody solutions. Unless something about bitcoin is changed so that hot wallets are safe and you don't need a whole complex security routine to secure your money, I just don't see the average person trying to figure that all out. This is why despite all the drop Coinbase social media campaigns and the no keys no bitcoin campaigns or whatever it is, the average person who wants to get Bitcoin exposure is just gonna go to Coinbase cuz it is easy and they don't have to worry about learning complicated details of how bitcoin is different than having money in a bank. But if custody companies and banks themselves have Venmo-like apps for bitcoin where they handle the security and the user doesn't even have to think about wallets and keys and addresses and whatnot, that's a huge win for usage. Meanwhile those that really want to take advantage of the self banking revolutionary features of Bitcoin can do that. Also third party custody means these companies can just occasionally pass bitcoin around or store the changes just in their database, thus greatly increasing the "usage" of bitcoin without filling up blocks, thus massively scaling bitcoin usage without having to wait for actual protocol scaling solutions that may or may not ever come. I think there is a future world where those who want Bitcoin for its security and features use it for that, while those that just want it to spend easily anywhere in the world while also getting the long term price appreciation out of it can also do that without ever having to worry about the details of bitcoin security. But until we get to this world, I don't see things being different this time as the Winkle-twins suggest. Bigger as always sure, but no different. I expect a big boom to high 5 digits, perhaps even briefly going over $100k, and then a standard year or so long crash back to i dunno like $20k or something - business as usual.

I think adoption is less about Bitcoin's fundamental improvements and more about people's changing perceptions about the value of money.


I definitely see no end in sight as far as volatility goes, and until mass adoption actually occurs, I see no end to these speculative market cycles either. However, I think it's important to note that Bitcoin's price is a direct reflection of adoption. So if that mass adoption scenario occurs, we should expect the resulting price increase to greatly surpass the magnitude of past cycles.

I agree too

Bitcoin Bull run will be completely different this time. Like 2017 it won't shoot to a new all time high straight away but this time it will go step by step. I accept it to reach till 25k by the end of this year or early next year.

In fact, in 2017, the rise in prices for cryptocurrency was due to completely different reasons and therefore the current period is very different from the past. Recently, the fact that cryptocurrency prices are more stable and at the same time are steadily rising has been very noticeable. And if you take into account last year's halving, then according to historical indicators, you need to expect at least a year before Bitcoin actively begins to rise in price after halving 2020, that is, somewhere in July 2021.

It will be a baby steps, More ups means more down. Every breaking of resistance is a must if 15k uss will be able to reach before the end of September, there will be a possibility for more than that but if not reaching 15k will be already hard after this setback, but if there is a news to help breaking another miles then it can change the graph more but not like how the 2017 pump happen.

The most important thing is the percentage.
there are more capital, human capital, infrastructure and high quality projects than in 2017, BUT, we need more money to take the same %profit, the amount to reach x20 of the last ATH is HUGE.
We will see profit, but not like the last bullrun

It sure is three years and so many things have happened, so many projects come and go so many companies and institutions adopted Cryptocurrency and investors are more aware and educated, the landscape is very much different from what we had back 2017 so we expect the next bull run will be very much different from the one we last have, we could experience a more longer bull run.

I think FOMO and panic outweigh people's changing perceptions about the value money. By which I just mean the speculative market will continue the boom/crash cycle so there won't just be some turning point where we hit the vertical part of the S-curve and Bitcoin goes from say $50k to $500k and stays there without crashing.

I just think we'll continue to see the same cycles and nothing will be dramatically different, in that every market cycle the bitcoin converts will grow a lot, and more big monied interests will join, but also every cycle most of the new people who bought in late in the bull run that led to the huge price movement will leave out of despair after they lose money on the crash. I also think long term store of value and speculative investment play will remain the main driving market forces, possibly forever, but at least until the market is so large (like perhaps around the market cap of Gold) that its volatility has gone way down and perhaps at that point it will be spent more instead of just to get rich off of, as volatility going down means getting rich is no longer possible but also spending is easier.

Anyway, yeah infrastructure is continuing to improve and there is actual Wall St infrastructure now and Bitcoin is now regularly talked about in finance circles and financial media, but I think all of that was just the natural growth for the point we are at and required to take the next step up from 4 digits being the norm to will into 5 digits being the norm. I don't think people's fundamental ideas on Bitcoin are going to change, but we're just gonna get the normal order of magnitude or so increase in the number of people who have some Bitcoin between say 2022 and 2018.

The cycle will still continue until such time where BTC is going to be one of the rarest that bitcoin might not be the coins we get to be paid in bitcointalk marketing. So far the price still is low and its stil going tobe used as speculative investment that price correction will drives us wherever it goes.

Even if the price will hit 50K this time but after some time when its overbought, speculators like you will soon dump before everybody else does.

That is something I think as well, the next bull run is going to be world shattering, when bitcoin went from 1k to 20k that was important but it was still seen as a major bubble begin created by geeks, the next bull run is going to change fundamentally the way we understand bitcoin and this market in general, and with institutional investors getting in the market and pumping billions of dollars to it I believe 100k could be a kind of a low prediction about the new heights bitcoin will reach.

Every bitcoin bull run season comes with her own level of volatility. This year bull season might be quite different from 2017 bull run. Whereas we'll be able to see a steady increase in price after the bull run not as 2017 steady decrease in price after the bull season has commenced for a while, making people to lose their whole investment

^ Of course, there is, it will not probably repeat itself with the same movement. But there is something that we are sure, bitcoin price bull run will surge more than what happened on year 2017. This is the most anticipated and awaited moment in most bitcoin holders, they want bull run and it will dramatically different for every movement. Nevertheless, bitcoin dominance will also make arises altcoin prices and move significantly when bitcoin will increase the price.

2017 was marked by the dollar index decline almost throughout the whole year, since that doesnt occur every year thats what Im watching out for this time.   Just recently Dollar has declined after during March registering a richter scale type movement back and forth tracing lows and highs as understandably volatility was apparent in world trade and debt trading.
    I'm more interested in common terms between rallys perhaps on a different magnitude but DXY (https://talkimg.com/images/2023/06/12/AoYsJ.png) was down to a new low today and if it continues below say 25 that'd put us into a similar trend decline dollar value that was evident during the BTC rally of 2017.


Just one thing to focus on for BTC to propagate across the general population and its simplicity.   The product has to be less obstructive, convenience will determine success I think, when BTC becomes less remarkable at least in its requirements then ironically it will be more useful to most

As they say, fundamentals are getting stronger this time and the growth that we're seeing is no longer be called a bubble. There's an actual growth that we can compare to the past bull runs that we have.

It's true that this time, there will be a difference from the last ones.

The investors that have experienced the bulls and bears can be said as experienced and educated. But, the new investors that are keep coming can also experience the same struggle like the others or like what we did before.

“It’s different this time.”

It’s almost always the same. Don’t fight fractals.

that's good news, but I also always analyze and see every market response when after the bitcoin halving event, I've also analyzed that the price of bitcoin will be really surprising for the next time, I think a year after the halving will see the price of bitcoin will really take a new ATH from the previous

Hopefully, that can change the bitcoin price to the high price because we finally see $11k again, and maybe that is the sign for us that bitcoin will be touching the other highest price. But unfortunately, there is no right information about when bitcoin price will get the next bull run, so we need to wait for more to see it's happening. The next bitcoin bull run will be different than the last one, and I am sure that we will see bitcoin price will break more than $20k soon.

I'm not sure what you are trying to say here. There is always "actual growth" during bull markets, this time isn't different. Every bull market has had exponential actual growth, as can be measured by how the bottoms increase by orders of magnitude each cycle: ~$2, (~$65 if we're counting the mini 2013 cycle), ~$200, ~$3100. And yea its not in a bubble right now, just as in 2016 when the price was building up through the mid to high 3 digits it wasn't a bubble.  But you can be sure that in the next year or two once the price starts shooting up to the mid-to-high 5 digits, and maybe even to $100k, that will be a bubble, just as there was in 2017, 2013, 2011...

It's true that this time, it's gonna be the same as every other bitcoin market cycle. So, no, this time isn't different.

A common assumption, and one I disagree. Keep in mind, price is determined by both supply and demand. By focusing only on the amount of money needed to sustain the market, you are actually assuming static supply. What happens during bubbles: supply on exchanges exponentially decreases.

Very few people account for that phenomenon. When everyone is refusing to sell their coins, the potential gains are nearly limitless, at least during the temporary and short-lived blow off top.

There is a part of adoption that can't happen because of the fundamental stuff in bitcoin. For starters when you spend fiat money in a place it could be cash or credit and you will give the money to other people very instantly and you will spend basically a tiny amount for profit, whereas when you are using bitcoin it could be as high as 10 bucks just for transaction that could take over an hour.

So, I am sorry but adoption could never happen in these situations, there is no way that people could use bitcoin all over the world for purchasing stuff since its definitely an inferior way of spending money.

We all love bitcoin here on bitcointalk but in order for it to become better, we need to make it better somehow and make it faster and cheaper and I mean a lot more faster, like under 30 seconds fast, and cheaper as in 10 cents or lower per transaction.

There will be a lot of FOMO this time around and the way things is looking now, we might have all time high before the end of this year.

Bitcoin pumping fomo will always remain but pump  will happen today or tomorrow. So that’s how market works pump folloed by a correction or dump even more pump.         

We actually have few projects then on like now that we have several good projects that are sharing the capital that may flow into the cryptocurrency market. It might not going to be strength up this time around as it happened in 2017 but we should still expect bull dominant again.

We will have to see how this market evolves, despite gold's popularity over thousands of years gold has always been used as a store of value while the precious metal that was most commonly used as a currency was silver, if something similar happens then it is possible that the transaction speed and the transactions costs of bitcoin become irrelevant as bitcoin becomes a store of value, which begs the question which cryptocurrency will become the equivalent of silver? Many thought that litecoin will take that place but now I find this doubtful.

How do you say so for Litecoin to be next in line? considering that there are lots of top alts which i do see much more  better and more worth to take that place but well, we cant really judge nor predict on where people
do give out their outmost support on a certain project.It all matters with the demand and recognition which would really takes time and cant really be just rushed up on where most people do talk about.
Going on topic talking about next bull run will be different? It doesnt matter but we do much prefer on having that strong foundation on kind of adoption where price cant easily be crashed just
like a manipulative of a kind.

It could go either way, the industry is full of surprises when everyone is expecting a specifically thing to happen it usually goes the other way. Although in general we're all bullish on bitcoin but when there are more traders wanting to sell their bags on a specific amount it becomes a problem for the market as it forms a resistance at that price. We experienced this few months back when bitcoin had a difficult time crossing the $10k trading price just as it isn't having enough trading volume ti surpass $12k.

We should be more careful this time around because there's a higher possibility to of more people getting rekt anticipating a continuous upward trend when the market start showing positive signs of price appreciate but it might not be so because corrections are bound the occur in a health market.

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

Of course, every cycle will be different, the only thing that is consistent is that there could be irrational buyers willing to buy even if the price of bitcoin is very high. The good thing is that it can fuel the next bubble, however, those noobs are going to be trap for sure.

And now that a new parameter takes shape in the form of the corona virus pandemic, so it will be very different bull run. And the price could soar to a new all time high that we even couldn't imagine.

actually i believe the next bull run will kill a lot of altcoins instead of making their price go up, like last time because it is always a good opportunity for the bag holders to dump their altcoin bags and get out. additionally like all the previous times whenever there is a bitcoin bull run of a big magnitude there are a lot of new shitcoins coming out that will attract the altcoin trader funds that will come out of the rest of the shitcoins into new ones. which means older ones disappearing.
as for the dominance, bitcoin will remain the dominating cryptocurrency with 99% dominance but the market cap ratio will keep on decreasing as newer shitcoins with a lot more supply are going to be created. i wouldn't be surprised to see a MCR around 20% this time.

$100k? I think that's the maximum prediction I'm seeing from different experts online, don't know if they are real experts but I like them because they are so bullish with bitcoin. Imagine if we reach at that price, it could be a crazier bull run compared to the past, and who knows, shitcoins might rise from dead.

Not too sure myself.

There'll be a cascade of demand that keeps working its way downwards as top alts become 'too expensive' as well. They'll keep uncovering vaguely alive coins and pumping them too. Last time around even stuff that didn't technically exist or had functioning chains still pumped.

You'd expect the risible junk to die off but there may be enough fresh and desperate meat to keep even the most insulting and obscure ticking away in dark corners.

Too easy. I've been trading markets long enough to know this: when a pattern (like these boom + crash cycles) becomes too obvious, it stops being reliable. Too many traders recognize it and front run the pattern, then it fails. This is why fractal analysis tends not to work in general.

That could mean the next cycle is a flop and tops out way lower than everyone expects, at $30K or something. It could also mean the early sellers trying to front run a top at $50K or $100K get steamrolled and the bull run accelerates instead of topping.

The only thing you can do is expect the unexpected. Don't sell all your coins at any one price level. We may never go back there.

In this pump also the price should surpass the previous ATH of $20k, if we are comparing the previous data where in almost every pump the price surpassed the previous ATH, even once or twice in an year. But now the bitcoin is facing a lot of problem even reaching $20k. There is a long journey from $11k to $20k, but only bitcoin can touch this high, other than bitcoin no other Cryptocurrency can do this kind of thing.
Bitcoin could already have touched more than $20k now but the scams related to it are making it way harder to reach a good price for future pumps. Also, people are now a days being more cautious when it comes to investing because of the COVID spread due to which people are jobless and are having very less spare money to invest somewhere else than the traditional markets. So it will take atleast two more pumps for the price to reach the ATH again.

With emerging acceptance and more people to learned about every opportunities that this market have to offer, it will have a big
difference from the last bull run that we seen 3 years ago, it's really making it's way to more adoptions, not only with investors
but also merchants and businesses.

With how the people shows their interest in participating with this new venue of investment, the chance of taking the high to another
peak is really very possible.

Cryptomarket is completely unpredictable, upon which we can't state with assurance of reaching new ATH by the next bull trend. Some consider a new ath as the bull trend of the market. In my view, what we experience with the market too is a kind of bullish trend with fluctuation happening out of price correction. I believe the dramatically different bull run to be slow and steady than steep growth.

true but that still wouldn't be a price rise, it is a one time pump and in all those cases back in 2017 all those coins were only pumped once and then dumped right away back down below their initial value and then disappeared. for some of them it was the last nail in their coffin where the pumpers made their last exist.
not to mention that when an altcoin doesn't have a blockchain anymore that means it is already dead. whether some weird exchange still lists them isn't gonna change that.

That's the kind of growth that we can call a healthy growth and everyone would like that except those who does not believe on the long term potential of bitcoin and they are just playing with the price volatility of bitcoin. Bitcoin per my observation does not behave the same way it behaves compared before because it's growth is quite stable, support are strong and if it correct a bit, it would easily bounce back at the range it previously break.

it doesn't matter if there is an ATH this year or not, at the current price, I can say it's already a great achievement for this year.

Let's admit that bitcoin is really doing good despite of the global crisis that everyone is experiencing. BTC bounced back and now slowly going up. As adoption is increasing and hopefully more merchants will integrate btc as their payment method, our future in crypto is already showing good light. But don't expect to have the ATH very soon. It is better to have organic growth rather than sudden spike and fall back again.

The market are always changing after all and it is the reason why we should commit for continuously learning and studying. Before the price of the bitcoin have only few consolidations but now it seems that the price is having a long consolidation. We are now in the 3rd wave of higher lows and higher highs which means the uptrend is intact and strong. Anyway consolidations are also good because it is a sign of strength. I'm hoping to see major breakouts in this current week because the price is no giving a good signals.

Just wanna point out that nobody is an expert in predicting price movements. Anybody who has followed the market for a long time is as qualified to make a prediction as anyone who claims to be an expert. There's no such thing as a price predicting expert.

Somewhere around $100k is a reasonable prediction based on the history of bitcoin movements and the context of the current size of the market, not because some so-called "experts" said it.

Yeah I can agree with that. But all the cycles are a little different, which is not what the winkle twins were trying to say. Like 2013 had a like half way peak, and a quick but normal depth (-80%) crash followed by finishing up the cycle 6 months later, while 2017 was nothing like that and a repeat pattern of extended pump, 40% crash, extended pump, 40% crash, and then the big blow off, in which each pump and crash took about a month before the big pump and blow off happened, that's very different from the 2013 full on peak, crash, short bull run to another full on peak.

I think it is possible we get a series of smaller boom/bust cycles from people trying to get out before the big crash they expect to come, and possibly this past year was the first one of those: parabolic rise to ~$14k, then down for a half year or so (and then obviously the pandemic global crash messed up the patter a bit). Maybe this next year will be another small run and mid-term crash to $25k or something and then instead of the boom starting there it'll be a mini-cycle that falls back to low $10k's for a while before another mini-cycle starts.

I don't see the flop thing you mention happening unless its in this mini-cycle type pattern though. Because the only reason major prolonged bear markets happen is precisely because of the huge bull runs. Just topping out at say $30k wouldn't be that much of a parabolic run so it wouldn't cause like a year long -80%+ bear market like the past two cycles, it'd probably just be more like what we had the second half of 2019.

The Winkle twins though were trying to say it's gonna be different in a positive way because of like infrastructure and institutional investment but I just don't see that playing out in such a way this cycle that the top is like insanely high, ya know. Like to give a super broad prediction, $50k - $150k is a reasonable prediction of the top, whereas I feel like they are saying no the game has changed and bitcoin will shoot far into the 6 digits because this time is different, and therefore the bull run will actually get larger this time rather than smaller, and I just don't see any reason to think that. This time is not different, it probably won't be the exact same as the last cycle, but in general its gonna be the same thing of gradually building up to the point where a global FOMO frenzy takes over. It will surely be a different shape that 2011 or 2013 or 2017, but the overarching cycle will be similar, and I don't see a reason each marco cycle will stop getting smaller gains just because there is more infrastructure or just because institutions are tip-toeing into bitcoin now.

Are you sure? It seems that it is not reasonable predictions. $100k per each is seems impossible in this present time, how bitcoin can achieve it if it cannot surpass its previous ATH. The price is also ranging at $11,000 -$11900 and it will take many more years before that prediction may come true. There are a lot of selff proclaimed gurus especially in trading, do not believe on their predictions. It is better to rely on ourselves than to believe to them because they are just deceiving and creating hype in the market.

I wonder what would be the scenario if there is no global recession that the world is experiencing because of the pandemic,things could be very much different from what we see now in the market maybe we already have another all time high this early and we are already making profit from all the coins we've hodl over the years, things is very different now we have the DeFi a much more decentralized financial and there are a new coins with very different features and algo and of course adoption has tripled.

as far as I know the bull run is no different when the bull run came of course bitcoin went up really high that's what I've seen from a long time ago
and vice versa when bear season comes, Bitcoin price will fall fast

Were you not around for any of the other bull runs? $100k is indeed a reasonable prediction, so yes, I am sure. And who ever said Bitcoin can't surpass its previous ATH?? That statement of yours is not a reasonable prediction.

I said nothing about listening to self proclaimed gurus, in fact I specifically said at the start of my comment not to blindly believe so called experts because there is nothing to be expert at in price prediction, an "expert" doesn't know anything more than anyone else does who has been in the market for a while.

The global market crash only pushed Bitcoin back a few months. In Jan/Feb is was building a base at $9000s after coming off the local bottom of $6000/$7000, and then it just re-did that in May/June/July. So the pandemic pretty much just pushed back Bitcoin price action for a few months, I reckon. I had an anti-bitcoin/blockchain co-worker the past few years until a year ago, who would say that the only reason bitcoin has gone up is because the world has been in a decade long bull market, and when a recession hits bitcoin will die. Welp, now we know that beyond the specific days where there are intense market crashes that brings all assets down, Bitcoin performs very well in a recession.



Also I'd say what has transpired this year has if anything helped Bitcoin long term. The insane money printing that has been going on this year will no doubt fuel inflation, in addition to just putting more money out into the world to go into Bitcoin. People will increasingly look to stores of value like gold and bitcoin (but probably much more so bitcoin as the years pass) to keep their money safe from inflation.

In fact I think just this week the US Fed said they are abandoning their 2% inflation target from here on out, and from what I read it is expected that they will set a new target of 4%. At 2% inflation it takes about 34 years for your money to lose half its value, but if this 4% target is right, that means the value of USD will be halved every 17 years. This makes USD a much less trustworthy asset to use as a global reserve at least for long term reserves, and stuff like gold and bitcoin (obviously long term especially for bitcoin, not short term due to crazy volatility) will increasingly be adopted as a reserve currency. In fact we just saw that for the first time this month when the company Microstrategy said it has moved from USD to BTC as its primary treasury reserve, buying $250 million in BTC.

If companies follow Microstrategy's lead, and at least start putting just a few percent of their cash reserves in Bitcoin to offset higher inflation, that alone would tie up many billions of dollars in bitcoin. Imagine one of these giant tech companies with like $100-200 billion in cash that they generally hold onto for a long time, deciding to put 10% of their cash reserves into bitcoin to offset the inflation from the other 90%, that'd be a single company buying up like $15 billion in bitcoin over the course of a couple years. Now imagine dozens of companies putting in just a few percent of their cash reserves, buying anywhere from hundreds of millions to a couple billion dollars in Bitcoin as a hedge against inflation. This would sent Bitcoin's base price an order of magnitude higher.

The different thing that they've been talking about is on how fast and slow it would rise and fall and the money that had been flowing into this market but you do actually get some point too
on how a bull or bear market runs.The question or the thing we do concern of if this one will had that strong foundation of price where it can hold up and wont really be that simple to crash it
out just like what happened when we go dip down back to 3k.

We know that market cant really be just having that losing side.There would be always price increase and rallies but we wont know if those funds who had entered in crypto space do came from mostly
in traditional investors from traditional markets that we've known.

The infrastructure thing comes to my mind as well. Since 2017 there has been a lot more companies, a lot more people working in the bitcoin or generally speaking in crypto space and there has been a lot more money invested into not just bitcoin itself but any company or project that is crypto related, so I feel like there should be some sort of difference between 2017 and right now.

If there is a big hype like 2017 and bitcoin price goes very high, this time around the crypto infrastructure is ready to handle a lot more people and could actually increase to a level where we couldn't foresee that easily.

Only due to the increasing investments towards making the crypto space better. There has been other stuff as well but the main thing we need to figure out is the transaction costs which are still high in bitcoin.

Lol mate, you just have to wait till we break $20k and then we can talk about the next all time high. Do you think that the price will be stable for the next 2 years around $11k? You just have to look at bitcoin's past history. Doesn't matter if it will take many years, what people are saying that everything is possible.

Again go back to 2017, do you honestly believed that it will reach almost $20k? Of course, we can make our own prediction as there are really no experts, and those claiming are simply making a fool of themselves. But a 6 digit mark is not that far.

Indeed, if we compare the circumstances of investments in 2016 and 2017 in cryptocurrency, they were due to the desire to get very large and quick profits, but today the situation has changed dramatically, since the economic crisis in the world is aggravating against the background of the current circumstances, including the coronavirus pandemic. national currencies are losing very much in value, and other valuable assets are also depreciating, and one of the best ways out of this situation is investing in cryptocurrency, especially in bitcoin, since Bitcoin is one of the most profitable investment assets.

I could see that. Maybe it would be more comparable to the April 2013 run, which was only followed by a 4-5 month consolidation before bubbling up again.

Some people aren't extrapolating from past cycles and don't think a run to $30K is small, based on market cap and the inflow required to sustain price, and things like that. Personally I disagree, but I guess we need to wait and see.

Like I said before, the key with these fundamentally unpredictable events is to keep your options open and not put all your eggs in one basket. Another way to put it: Never sell all your bitcoin. No matter how high the price goes, or if you think it must come down. I used to think like that ("it can't go any higher" or "it has to correct") in 2015-2017 and I have a lot less coins now to show for it. Now I know the power of Bitcoin bull markets.


You don't have to believe it will be bigger this time. I'm unsure about that myself. Just be open to the possibility, and plan accordingly. If BTC hits the S-curve and mass adoption scenario, you're going to seriously regret selling at valuations like $50K.

If the HODLers refuse to sell, the price will just keep floating up and up and up. That's really the bottom line and it's why predicting the top is impossible. We can't know at what price supply will finally come in and pop the bubble.

So you think the next bubble will continue to shrink from the previous bubble, I think it will get bigger because the economy will continue to grow, inflation will continue to increase so that the value of an item whose quantity is fixed and does not increase will continue to rise in my opinion.

We can really be that optimistic towards bitcoin but nothing is assured when we do talk about future.We know that even how bad the economic state we do had towards fiat
it cant really still be beaten down by crypto. For now in talks of another bitcoin bull run then we would only have two paths neither we wont really get that too high neither breaking that previous ath
and reach a little higher price or would definitely go to the moon.Its still all presumptions and speculation because we dont know on what would happen next towards the market.
There are lots of factors that can really affect such movement.

Correct since every month got different phase and might we will struggle if something bad happens or there is a bad news cames since it can really affect the movement of the market since people will get feared to continuously buy more due to sudden incidents. But I don't mean to be negative on certain things since I just want to be prepared and want to secure my profits if there's a huge dump came.

We all have been optimisic towards the future of Bitcoin but we are likely to see it at a high price rather than seeing it low.
I agree that the next Bullrun will be something different as seeing the behavior is actually far from what it shows in the previous years. But I don't think that the next Bullrun is a big opposite from 2017, instead of seeing it beyond $20k. Besides, if we are seeing the price at $15k or even at $20k, people are still not convinced that we are already in Bullrun because they are asking for more beyond that.

It will definitely be different as people are now well-informed and more adoption is in the crypto space. We might see the biggest bull run in the history of BTC soonest. 

I believe that the circumstances in the cryptocurrency market in the near future will be influenced not only by people's awareness of cryptocurrencies and the experience of current users of cryptocurrency, but also by the current circumstances associated with the economic crisis around the world. Not only big business, as well as big investors are looking for alternative investments, but ordinary people are forced to look for funds to preserve their savings, since national currencies are actually turning into paper.

   Gbrendeh every new bull run is bigger than previous one, it's one more reason for all of us to believe that the next bull run
will be more powerful than any we had before.
   Winklevoss Twin's are well known in crypto-space, and I like their optimism about the future of the crypto-currencies. Bitcoin
will be huge, but it will pull all other good alt-coins, and the entire crypto-market will grow. I am optimistic as well, there's no
time for waiting, we need to accumulate more before it happens.

This is also what I believe in, it should be better because so many new projects have come to enhance the technology many new an dbig investors who have finally saw the potential of Bitcoin, people are not just investing in Bitcoin they are adopting it, if we move to another all time high I believe it will be permanent and it will not likely to go down.

For some people bitcoin is good investment /asset but for some like in my country bitcoin has already a bad image because it was use to scam other people thats why bitcoin still not on a bullrun.

People back then wants profit and there were few technological breakthroughs after Bitcoin and Ethereum, so many of them are copy-paste or fork of Bitcoins, but now things are changing, investors are not easily investing in just any projects unless they see something new and big it can offer to the community, so if we will have a new all-time high it's very much different from what we have the last time.

In some countries government just consider it as a scam and only the negative image is being presented by the media due to which the advantages or how it is useful are not bought and talked about. Thus, people refrain from buying the bitcoin.

This negative image is the impact of someone who wants to be rich overnight so that the Crypto community is widely disadvantaged, but in an uncertain global economic situation, Crypto assets such as bitcoin are the best, among others, like gold.