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Author Topic: This is a fake bit coin bull run don't fall for it  (Read 1363 times)
davis196
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July 15, 2019, 06:46:18 AM
 #141

Bitcoin is back at 10k but every single alt coin hasn't really gone up


The growth is un organic and fake , maybe by 2 or 3 whales or maybe even a corrupt exchange

So if the altcoins are growing as fast as btc,this will make the growth more "organic".Right?I don't think so.
A lot of money moved from the altcoin markets into bitcoin,but that doesn't necessarily make the bitcoin price growth "un organic" or fake.Yeah,the crypto whales are manipulating the prices again,but they are going this for the last 6 years.

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July 15, 2019, 09:01:55 AM
 #142


I think there is no evidence that this is fake Bitcoin Bull Run because there are visible economic reasons behind the bull run. Huge speculations in Bitcoin is one valid and genuine reason for the rise in the market value of the coin. In addition, crypto market cycle is also one reason for the rise in the market value of the coin. This is actually the period after recession and we are on the way to revival.

To be honest, neither is there any evidence of an authentic bull run, just because there are visible economic reasons for a bear market.

You just said the most important point about huge speculations. That is the only valid reason for the rise and fall of the coin. There is a lot of utility for sure, and that results in long term growth. But the spikes and the dips, those are all about speculator action.

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tukagero
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September 21, 2019, 03:40:41 PM
 #143

The next bull run will be a real one.$10000 price ? forget it and say hello to the new bitcoin price which is $30000. Accumulate as many bitcoin as you can while preparing for bakkt launch.

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September 21, 2019, 04:42:16 PM
 #144

bitcoin need correction to 5000---7000 for example   

Does all the world use Bitcoin? for sure no


Bitcoin rose a lot ... and this is not good

High percentage of fraud sites due to currency appreciation

Trust in exchange sites, many of them fraudulent, has not remained
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September 21, 2019, 04:52:16 PM
 #145

The next bull run will be a real one.$10000 price ? forget it and say hello to the new bitcoin price which is $30000. Accumulate as many bitcoin as you can while preparing for bakkt launch.

You mean a bull run that is more real than this one, or are we talking about a less fake one? Seriously guys, what's the difference in the end?

Organic or forced. Genuine or artificially produced, the fact remains we sell and buy at the price dictated by the market. It makes no difference so why the need to get all academic about it =)

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Oceat
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September 21, 2019, 06:16:34 PM
 #146

I think that growth was associated with a political condition in Asia. Because the growth of altcoins did not exist. Only one bitcoin participated in this rally.
Nope! The condition of the market is not associated with any political parties to make a change in the price of Bitcoin/altcoins.

And btw, what do you mean by "Only one bitcoin participated in this rally?"

The market is obviously changing due to the people trading everyday.

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September 23, 2019, 11:04:27 PM
 #147

I think that growth was associated with a political condition in Asia. Because the growth of altcoins did not exist. Only one bitcoin participated in this rally.
Nope! The condition of the market is not associated with any political parties to make a change in the price of Bitcoin/altcoins.

And btw, what do you mean by "Only one bitcoin participated in this rally?"

The market is obviously changing due to the people trading everyday.

It's not totally associated because in the first place bitcoin and crypto in general are decentralized but it politics could somehow affect the price of our crypto assets if the country you are in are not so clear with their stance on crypto, people will also have some doubt holding it as it's possible the government would ban it, so that's a big risk. But... those are just small risk for me as we know bitcoin is accepted in majority of the world and no one can stop us from transacting using our private wallet.

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jaocoincrypto18
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September 24, 2019, 05:42:19 AM
 #148

Not all pump is a Big whales trap but the current price performance in which the price is now stable with the new $10,000 resitance is a real demand now. We should not always expect that Bitcoin market will always create a domino effect on Altcoins but sometimes we should think that Altcoins users are moving in Bitcoin by choice because they believe and trusted it for a very long time.
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September 24, 2019, 08:29:24 AM
 #149

Not all pump is a Big whales trap but the current price performance in which the price is now stable with the new $10,000 resitance is a real demand now. We should not always expect that Bitcoin market will always create a domino effect on Altcoins but sometimes we should think that Altcoins users are moving in Bitcoin by choice because they believe and trusted it for a very long time.
Bull trap or not usually proven by something like this, this thread created June and now already September and bitcoin price look stable like what you said. But maybe if pump is happen for short time, maybe manipulation is still happen and i think it is not happen yet for now.

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