beatles132 (OP)
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October 28, 2018, 11:17:01 PM |
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Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run.
I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming..
Care to help me understand how you think this?
All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.
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franky1
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October 29, 2018, 12:16:44 AM Last edit: October 29, 2018, 12:27:42 AM by franky1 |
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bitcoin 2009-2018 is a complete bull run EG 2016 >$300 2017 >$900 2018 >$5800
as for the temporary waves of daily/weekly.. thats not bull or bear.. thats calve(small bull) and cub(small bear) though this year has been a slow bull ($5800->$6100) we do still see some cub and calve play at the $6100-$6700 range
as long as 2018 ends above $5800 then its another positive year.
dont worry about the fluke temporary drama of the $10k-$20k area. hardly anyone was actually online those days for the peak of temporary drama. so ignore it(unless you personally actually traded in-out in that area) only a few percentage actually got involved in the $8k-$10k area only a few dozen percentage actually got involved in the $7k-$8k area
the main population IS involved in the $5800-$7k area so thats what the main population should be thinking about. the area they got in at sold out at and what the majority actually got to personally experience(i mean trade at not just look at a chart of)
so knowing everyone can easily sell or buy above $5800 right now. shows everyone is in a better position than $5800 as we are all sitting above $5800 right now.
so again as long as 2018 ends above $5800 then its another positive year.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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pooya87
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Crypto Swap Exchange
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October 29, 2018, 03:57:30 AM |
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Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run.
most of those who "hope" for it are newbies who started recently (like last year) and was promised $100k and prices like that and were dreaming of becoming rich overnight. since that didn't happen, now they are getting desperate and turn to wishing because they want profit and they want it fast. I essentially think the mega run was last year, why would any new money come into it after what happened last year?
for the same reason that the "new money" came in every month for the last 10 years. or after each massive rise and fall that bitcoin had. People saw the rise and the crazy fall and loss it does.
only day traders and newbies "saw" that. what others with eyes see is that this year bitcoin is worth $6k, last year it was $2k and before that.... No one is in it for technology its all about wanting to get rich.
sorry, that is YOUR perspective. All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.
don't confuse "crypto" aka altcoins with bitcoin. when something has additional utilities such as bitcoin then the price is not pure speculation. but when they are created for speculation like altcoins then you are correct.
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ngm22585
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October 29, 2018, 04:02:01 AM |
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Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run.
I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming..
Care to help me understand how you think this?
All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.
"Why would any new money come into it after what happened last year" This is the equivalent of asking why anyone would invest in Netflix/Amazon/Apple after they have seen so much success over the years? The answer is that there is still potential for profit.
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dothebeats
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October 29, 2018, 04:04:49 AM |
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I'm one of the few people that look on the lows rather than the highs on bitcoin's run. To be honest, I don't see why everyone anticipates an unstable overshooting of price while they can just look at the floor and hope for the best from there. Establishing a solid floor is always better than aiming for unstable highs. Most people want a bull run to happen because they want to get rich quickly, without thinking of the fundamentals and risks it is associated with. As franky had stated, we're still in a 9-year bull run up to now, given that the price difference between 2009-2018 is $5700++.
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biskitop
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October 29, 2018, 04:04:57 AM |
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an attempt to do that, a bull run happened there by buying it back. when the market falls because many sell their investments and the market immediately drops dramatically. to help recover is to buy it again to increase the market cap of bitcoin.
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qiwoman2
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October 29, 2018, 05:41:24 AM |
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I don't know if and when another bull market run will ever happen in Crypto or if it was a fad that will go away, but I do see more and more infrastructure being built on the blockchain and also around digital and electronic money. Now, will the banks take the technology only to better themselves and suppress the price of the Coin market cap forever so as to keep us in huge losses? Are we only going to have signal groups and pump and dump groups making money on cryptos because this year no new money has come in? All I know is that financially I am much worse off than I was a year or even two years ago and have no clue if it's going to get any better.
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raidarksword
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October 29, 2018, 05:48:16 AM |
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Many are speculating and expecting bull run before the end of the year and hopefully it would happen for us to have a better holidays. If not pushed through then it's okay as long as there are hope it would come maybe next year is good enough. Regarding bull runs is a massive uptrend's price of bitcoin which create waves to other alternatives coins and pulling them up as well. Bull runs effect could create more investors and bringing up good news in the world of crypto currency.
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javadsalehi
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October 29, 2018, 08:53:14 PM |
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Look at the charts and see the price changes until 2015 and assume that now we are in 2016. What do you think about the future? Do you think the price can rise to 6000 dollar? According to the the 90% fall which is seen in the chart, I don't think you expect the price to rise to 6000 dollar. Do you? Now the price is 6000 dollar. Hope you have found out why some people are still waiting for a bull market.
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proTECH77
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October 29, 2018, 09:41:19 PM |
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.........What do you think about the future? Do you think the price can rise to 6000 dollar?
Seen Bitcoin some years backs and its movement among its equals, there is no doubt that its future is as bright as the morning star. To be candid, another bull run will surface sooner than later before the end of 2018, to be precise another bull run is expected after 12 December, 2018, which is likely to hit $9k.
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semes
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October 29, 2018, 09:43:53 PM |
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For the crypto money, the bull will come again. Don't worry about that. Just prepare well until then. I think it's the best thing to do to investigate and develop.
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batang_bitcoin
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October 29, 2018, 11:31:53 PM |
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If no one is on for technology then why would the biggest and leading companies in the world are getting interested to it.
Are they only extracting the technology from bitcoin itself? no. They might separated bitcoin to blockchain but you can't remove the fact that they are also in for making money for bitcoin while getting involved to blockchain innovation. You see pure speculation because this is a speculative market.
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Dreamchaser21
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October 29, 2018, 11:47:25 PM |
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Every market is just an speculation, and we really don't know what will be the next trend. But since this market is composed of good technologies, a lot of investors are hoping for the recovery of cryptomarket, and for sure it will happen as soon. The next bull run are coming at no specific time, be ready for that.
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figmentofmyass
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October 29, 2018, 11:57:30 PM |
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Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run. most people hoping for a bull run are bagholding---they bought higher than the current price and want to get back to break-even or profit. it's rational for them to want higher prices. people who want to accumulate bitcoins are happy to see lower prices. not everyone is hoping for a bull run. I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming. personally, i think it's too soon for a bull run. the late buyers and people who bought to get rich quick are unlikely to be rewarded by the market. markets like to punish people who aren't patient. however, there is some precedent for fast bear market recoveries in the bitcoin market. 2012 and 2013 are two examples where price reversed from a bear market very quickly, within a matter of months. All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.
the market is rife with speculation. the problem with your analysis is that you're hyper-focused on one segment of investors. you're not considering the whole underlying ecosystem and prospects for adoption, but rather current investor sentiment. it seems like most old timers are open to a continued bear market and are not predicting a bull run in the near future. it's the bagholder newbies that are hopeful and in denial about the possibility that their losses will continue. that's how it always works.
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Ericfurst
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October 30, 2018, 03:07:55 AM |
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Most of those who "hope" for it are newbies who started recently and was promised $100k and prices like that and were dreaming of becoming rich overnight. This is the equivalent of asking why anyone would invest in Netflix/Amazon/Apple after they have seen so much success over the years? There's still potential for profit.
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Mikeschmitt
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October 30, 2018, 03:09:32 AM |
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New money will always come for the profits as for the potential bitcoin offers. People hope for a bull run because of the skyrocketing of the price during that time. Its only normal.
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Mickie James
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October 30, 2018, 03:31:06 AM |
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Since the release of Bitcoin back in 2009 to 2018 it has been a bull, it had no value in the beginning, now it does. People invest in crypto for the potential of profit which is very apparent by now. There are new investors who have wishful thinking for a boost in the market to sell as soon as possible for a quick profit and those who know the potential for the future. Also don't confuse Altcoins with Bitcoins. Something like Bitcoins has additional utilities and because of it the price isn't pure speculation.
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Agapelove
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October 30, 2018, 03:39:31 AM |
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Last year, when only few had known cryptocurrency, was the biggest increase in the coin's prices. These early investors really got rich in an instant. This year, when a lot of new investors join in the party, become a down market. They don't even know what hit them. Bull run will happen when it happens. It's hard to predict.
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SignorKiasu
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October 30, 2018, 03:57:40 AM |
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So those that jumped on the bandwagon during the peak of the market got in too late? Seems to me that they jumped in with both eyes wide open despite the frequent complains I hear amongst my friends on their paper loss.
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Twentyonepaylots
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October 30, 2018, 04:13:26 AM |
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Last year, when only few had known cryptocurrency, was the biggest increase in the coin's prices. These early investors really got rich in an instant. This year, when a lot of new investors join in the party, become a down market. They don't even know what hit them. Bull run will happen when it happens. It's hard to predict.
A lot of experts say's a lot of things about possible Bull Run yet, all are just Speculation, if we look on the market preview, we've seen the sadden drops of Bitcoin as posted on the market, the good news, it didn't drop further, the market remains stable, the fundamentals, and clear market structure remain stable, all news or what ever information about crypto will always be as Speculation as of this time.
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