Key Accelerators to bitcoin bull market

[yazher]

For me, Education and regulations are the keys to seeing the mass adoption of bitcoins all around the world and the government should wake up right now since they don't have anything with the banks. Because bitcoins are a huge opportunity that hasn't been discovered before and this time they need to take advantage of it positively. People should not rely on negative information shown by the media and should do their own research so that they won't just easily believe those hostile groups whenever they slander bitcoins.

[hd49728]

For me, Education and regulations are the keys to seeing the mass adoption of bitcoins all around the world and the government should wake up right now since they don't have anything with the banks.

I agree with you that we need education in general and education on Bitcoin to help its adoption. Education will also help to clear uncertainty of many people about Bitcoin. In other words, it enlightens many people and help them to understand about Bitcoin more accurately. They will have less fear but gain more belief and confidence when they become more knowledgeable people.

Because bitcoins are a huge opportunity that hasn't been discovered before and this time they need to take advantage of it positively. People should not rely on negative information shown by the media and should do their own research so that they won't just easily believe those hostile groups whenever they slander bitcoins.

After 14 years, since 2009, I would not say Bitcoin is a hidden gem. It already was discovered and made many people rich but beyond that, it initiates a new industry, blockchain, which is a game-changer in human civilization.

[traderethereum]

For me, Education and regulations are the keys to seeing the mass adoption of bitcoins all around the world and the government should wake up right now since they don't have anything with the banks. Because bitcoins are a huge opportunity that hasn't been discovered before and this time they need to take advantage of it positively. People should not rely on negative information shown by the media and should do their own research so that they won't just easily believe those hostile groups whenever they slander bitcoins.

Yes, that's what bitcoin needs for mass adoption to get a positive reaction from people so they will want to start using bitcoin.
The government could start allowing its citizens to use bitcoin as either an alternative payment or an investment.
They also open training about bitcoin so that people can learn more and more details about it and realize that they can take full advantage of it.
With encouragement from the government, mass adoption can run well so that the entire community can accept bitcoin.
But so far, the government has still not given any signs of fully accepting bitcoin and it may still take more time for bitcoin to be fully accepted.

[Odohu]

When most people are cheering about institutional investors being on board, I am sensing a potential danger in it.

One of the core principles of bitcoin is decentralization, and this can be significantly reduced by those institutional entities. One or a few of them can control a large chunk of the circulating supply and influence the market.

Even though I agree with you that institional adoption of Bitcoin comes with some dangers, I still want to emphasize that institutional involvement will do more good to Bitcoin than harm. As retails, we are small fries in the scheme of things and we barely have the capital to drive a sustained high price of Bitcoin.

Instructional adoption of Bitcoin will not eliminate the decentralization feature of Bitcoin and I don't think the notion that institutions after quick profit is right. On the other hand, institutional adoption will create huge liquidity thereby making it difficult for few individuals to manipulate the price.

I see institutional adoption as key to the future of Bitcoin, so the fear of harming Bitcoin in that direction is totally unnecessary.  

[Dave1]

For me, Education and regulations are the keys to seeing the mass adoption of bitcoins all around the world and the government should wake up right now since they don't have anything with the banks.

On the contrary, government have everything in the banks, it is one of the institution that govern a country. So I don't think that government should wake up right now and that is the main reason why some of them are anti-crypto for that matter, they want to support their banking system.

Because bitcoins are a huge opportunity that hasn't been discovered before and this time they need to take advantage of it positively. People should not rely on negative information shown by the media and should do their own research so that they won't just easily believe those hostile groups whenever they slander bitcoins.

Just remember as well that it's not just like a magic bean that will make people rich. You still have to invest, educate our selves in order to take advantage of it. As far as negative information, it's part of the market already so yes, I do agree that we should not take every news, 90% of them are not even verify but the authors themselves, they will just released this news, whether positive or negative and that's it.

[hugeblack]

All of them are points that can be answered positively or negatively, but they do not directly affect the price, as the price is affected by changes in supply and demand, and all the factors I mentioned, some of which may directly affect supply and demand, and others indirectly.

3.DEVALUATION/INFLATION OF FIAT MONEY:inflation the general increase or rise in goods and services has caused the fall of bitcoin prices.and then the increase in money supply will devaluate the currency that is more money in circulation should be controlled  as it promoted bull markets because small increase caused by inflation will encourage people to spend more of their money rather than investing or saving it.

Inflation does not positively affect Bitcoin because it means that there is less money and therefore less investments, and people rarely resort to speculation in high-risk assets.

4.SPOT ETF: In the next 12-14 months would cause  a rapid effect prior to the bull market  bringing in both large and small  investors  leading to high demands causing a rapid hike in price. It's  good thing  for wherever segments yo get into Bitcoin.

Until now, no one knows its effect. These are just assumptions.

7.INSTITUTIONAL ADOPTION: Seeing top financial boys like Blackrock,Finetech and fidelity  in bitcoin will sure lead to investors keeping billions of dollars aside to invest in Bitcoin.

Support means nothing but a temporary increase due to speculation. Investment is the most important.

[Ale88]

Bitcoin has grown massively since its existence and as cut across the bull markets as well which has made it a favourable economic conditions where  the market experience consistent growth by rising. And has resulted to the rise in prices in the bull market.

Key Accelerators that characterise the Bitcoin  bull markets are:

*Halving
*Education
*Devaluation/inflation of fiat money
*Spot ETF
*Regulations
*US presidential elections
*Institutional adoption
*Utility/Utilisation of Bitcoin

Right now, in my opinion, the accelerators have mainly been the halvings and the inflation of fiat money, especially the latter is the main reason many people buy bitcoin. Less important but still relevant I would say regulations, because if some important country decided to ban bitcoin that would have been a big problem (now we're past that). Now it's the moment of the spot ETFs and institutional adoption.
I don't consider the elections something very relevant. And, at the end, something that I hope one day will be at the top of the list, the actual utilization of bitcoin.

[Cryptomultiplier]

Bitcoin has grown massively since its existence and as cut across the bull markets as well which has made it a favourable economic conditions where  the market experience consistent growth by rising. And has resulted to the rise in prices in the bull market.

Key Accelerators that characterise the Bitcoin  bull markets are:

*Halving
*Education
*Devaluation/inflation of fiat money
*Spot ETF
*Regulations
*US presidential elections
*Institutional adoption
*Utility/Utilisation of Bitcoin

Right now, in my opinion, the accelerators have mainly been the halvings and the inflation of fiat money, especially the latter is the main reason many people buy bitcoin. Less important but still relevant I would say regulations, because if some important country decided to ban bitcoin that would have been a big problem (now we're past that). Now it's the moment of the spot ETFs and institutional adoption.
I don't consider the elections something very relevant. And, at the end, something that I hope one day will be at the top of the list, the actual utilization of bitcoin.

That's quite frankly so. The underlined or hidden word which defines this clearly is, 'demand'.
Irrespective of the accelerators that drive it to bull markets, elections got little to nothing to do with having an effect as much as the halving, spot ETF, devaluation/inflation of fiat, regulations and taxes would.

It is also these accelerators that drive the genius behind the idea of BTC to survive the market trends. It thus makes its value and demand increase. In cases where it has been adopted as a legal tender, these accelerators may be very limited to halving, the demand and supply as well as network charges and speed of transaction completion and mining.

[hatshepsut93]

Only halvening can be considered the force behind a bull run, the rest of the mentioned factors can only be "bullish news" that help to accelerate the existing bull market. It's not even clear if they actually affect the price, or if the crypto media tends to pay more attention to them during a bull run, and ignores them when it's bear season and such events don't positively affect the price.

[savetheFORUM]

For me, Education and regulations are the keys to seeing the mass adoption of bitcoins all around the world and the government should wake up right now since they don't have anything with the banks. Because bitcoins are a huge opportunity that hasn't been discovered before and this time they need to take advantage of it positively. People should not rely on negative information shown by the media and should do their own research so that they won't just easily believe those hostile groups whenever they slander bitcoins.

Governments are already awake, and they can clearly see the revolution which is what makes them scared of the mass adoption within their countries. There are only some of them that are openly embracing Bitcoin into their economy and letting people use it openly and are also doing a lot of developments and stuff with Bitcoin and cryptocurrencies because they can see the real potential it brings and they know it can be beneficial for them in the long run.

However, most governments find it being a threat to the financial institutions and the power and control that they have over people since they control all the finances and financial activities of people and if people stop using those institutions and start using Bitcoin, they are literally doomed.

[Dimitri94]

The points you mentioned are very important especially if these points will serve as key points for the upcoming bull run. The two factors I would like to emphasize the most are the Bitcoin halving that happens every four years. We expect Bitcoin's value to touch all time high after this halving in 2024. Also another thing here is ETF approval especially if BlackRock, Wisdom Tree, Invesco Galaxy get approval for ETF trading then we will see this bullish movement soon. But all the other reasons you mentioned are no less important. The effect of those things will gradually influence the market.