pakhitheboss (OP)
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October 07, 2018, 03:52:55 PM Last edit: November 26, 2018, 08:13:43 AM by pakhitheboss |
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I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
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asdlolciterquit
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October 07, 2018, 04:07:59 PM |
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if you say so, you think that will never be a bull run like the past bull run in the future...
well, i'm pretty sure that there will be an other great bull run, but not before 2020..
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BrewMaster
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October 07, 2018, 04:08:35 PM |
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.... nor I want to speculate.
when you are talking about what price is the possible price for bitcoin then you are speculating! October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
this has little to do with bitcoin. this trend or better said "cycle" of pump and dump happens among altcoins every now and then. usually every summer we have something like this when there is a lot of altcoin pumps which eventually get dumped on their newbie bag holders. As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
that doesn't sound like a logical move from a normal person to me. you are saying a person who has held for 10+ months from $20000 down to $5800 is going to sell if price goes to $9000! let me ask you this: why did this person hold for this long? why didn't he sell the first time price recovered to $9900 after dropping to near $6k? why didn't he sell the second time price fell to $6k and recovered to $8-9k? why not the third? what makes this time any different for this particular type of person?
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There is a FOMO brewing...
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bangkecol
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October 07, 2018, 04:34:25 PM |
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
In terms of logic, you might be right, that using an analysis like this only uses logic without seeing it in terms of technical and fundamental analysis. If you associate bitcoin with an ICO that fails, it seems like it's not too significant I think. Why is that? because every ICO is failing the majority due to the many scam projects that are scattered, this actually shows not because of the system of the blockchain itself. also not about the dumper that makes investors really careful to take ICO. Bitcoin price movements tend to fluctuate and it is natural, please see from various sources, whether forex, bond, commodity, all will go up and down how a supply and demand work in trading.
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tegarp90
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October 07, 2018, 04:47:44 PM |
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
Crypto is so unpredictable, even when the price predicted by bill gates or any richest man. It's still unpredictable. I think there are big whales are controlling the market and we'll just can follow the waves
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Juggy777
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October 07, 2018, 04:50:02 PM |
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
Hey for all the ranting here you are discussing about Icos and not about bitcoins those two are different things and don't have any relation, except at times people do believe bitcoins influence alts prices which is true but alts never influence bitcoins prices. If you're not aware google and Facebook have revoked their stand on crypto ads, sec has been forced to rethink about bitcoins etf, and yes the bull run will come when etf will be approved. I don't know where you calculated people will dump it at 9k another absurd claim, bitcoins has shown slow but steady movements and in the long run we should see good returns on our investments.
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avikz
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October 07, 2018, 05:14:42 PM |
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
One simple question to you, Why do you need a bull run when the market is actually showing a sign of stabilizing??I believe that a stable bitcoin price is far better than a bull or bear market.
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sell100
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October 07, 2018, 05:20:39 PM |
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
I think there will be a bull market at the end of 2018. Last year, the bull market was at the end of the year. If the US government approves the Bitcoin ETF, Bitcoin will soon break through $50,000.
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gentlemand
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October 07, 2018, 05:23:16 PM |
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So, Where will the bull run come from?
More demand than supply that leads to eventual mania. There was one in 2011 and another in 2013. There was no particular reason for them to happen. They just did. I don't think we'll see a sustained move upwards for another 1-2 years. The 'reasons' will only seem obvious in retrospect. News does not spark it. The herd mentality does and it doesn't need an excuse to do it.
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Eleven86
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October 07, 2018, 05:34:19 PM |
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The entire year has failed to the show the best of cryptocurrency so far but still most of them are desperately waiting for a bullish run as there is a need of increase in value. I strongly believe that it will recover slowly and gear up.
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norachuks
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October 07, 2018, 05:41:03 PM |
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what ever it is we should not forget that December is still far for us to conclude, but I really think that there will be another Bull Rull by December.
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Kprawn
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October 07, 2018, 05:58:46 PM |
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A lot can happen in a short period with Bitcoin, because it only takes one killer App or some big online ecommerce company to accept Bitcoin for the price to take a massive spike. It is for this reason why price predictions are so worthless and a total waste of time. Bitcoin is unpredictable at most and people should not make assumptions based on previous price history. I am preparing for another Bull run, no matter what other people might think. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Bugatti73
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October 07, 2018, 06:02:50 PM |
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Yeah, i think it would be in next year. Becouse huge investors make a lot of money at this BULLRUNS and they will make another one run.
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MinarchistCoin
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October 07, 2018, 06:11:08 PM |
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No. Next major bull run will be around 6 months before the next halving.
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October 08, 2018, 01:49:41 AM |
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
Your opinion is plausible, investors nowadays dont investing in crypto blindly anymore. They start to using their money wiser. But some whales still can manipulate the market by pumping the price of crypto when they already accumulate the coins from weak hands at anytime.
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pooya87
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October 08, 2018, 03:45:15 AM |
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just because you think some people may sell if a price rise comes that doesn't mean there can't be a bull run this year. there is ALWAYS some people who are selling, and when rises happen there is always more people selling but in the end the rise only depends on demand. if the demand (buy support) is strong enough we can see a bull run and if it is not then the sellers will bring it back down.
with that said, your reasoning is wrong otherwise i also think there may not be a bull run this year because the trend reversal takes time and that demand (the buyers) need either some sort of positive signal to come back or they need to see a sustainable rise before they do. which is why i think we will start seeing a rise soon and get closer to $10k but no bull run yet.
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marcbitcoins
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October 08, 2018, 04:08:54 AM Last edit: October 08, 2018, 05:47:04 AM by marcbitcoins |
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
In addition, Strict regulations are now strictly implemented in different countries which mean people that involved in illegal activities like drugs, smuggling and money laundering are can no longer to use Bitcoin to hide their illegal money which mean that the current figure now is the real demand of Bitcoin which is majority of the holders are all legal people but still i wish i was wrong and still hope that bullish will come before this year will end.
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maicahlove
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October 08, 2018, 05:33:06 AM |
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Maybe there is and maybe not. We don't really know for sure if there will be another bull run this Q4 of the year like what happened last year but if you based it in the charts, then we can forecast that from previous years. Let us all hope that it will happen this Q4.
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Ararbermas
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October 08, 2018, 06:09:54 AM |
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Yes of course but it's so hard to speculate how long it will last because of some causes. Which is always happened nowadays in the market ,reason why the market always volatile time on time. But no need to worry no matter what happen. Just relax and always build new strategy to avoid losses.
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coinwizard_
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October 08, 2018, 06:50:16 AM |
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Anyone who bought at the top is going to hodl until it goes back up, the only reason they would sell at $9000 is if there was a financial emergency that required them to do so. No one wants a 50% loss
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