Bitcoin Bull Run ‘Hasn’t Started’

[erricducducan26]

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise.

https://bitcoinist.com/bitcoin-bull-run-hasnt-started-says-analyst-after-new-peter-schiff-remarks/

[sunsilk]

What's new with Peter Schiff's commentary about bitcoin? he's a known skeptic and everything he say will always benefit him on what's the agenda he's up to.

Whether bitcoin price goes $20k rapidly, I think that he'll keep saying that's not convincing on him because he's a real skeptic. But if there's something that turn the tides and he's starting to praise it, I guess let's just expect that he has accumulated at this period.

[Questat]

People think differently, some says it started already, some says we are still in the bear market.
At the end of the day, we have to decide on our own and believe what we think is happening with the market.

Personally, I think the market is bullish but bull run hasn't started yet, why? because we are still stuck below $10,000 and price didn't continues its run.

[rodel caling]

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise.

https://bitcoinist.com/bitcoin-bull-run-hasnt-started-says-analyst-after-new-peter-schiff-remarks/

No need to worry about what Peter Schicff want to say about negative skeptic thinking, Sunsilk opionion is about what Peter suggestion for bitcoin is correct, we need to learn and analysts the situation to avoid negative impression for bitcoin.

[ityandsyn]

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise.

https://bitcoinist.com/bitcoin-bull-run-hasnt-started-says-analyst-after-new-peter-schiff-remarks/

       Never mind Peter and make our own analysis for this bull run which not fully thru  to the peak of $19500 since this is the highest price of bitcoin as of 2017 happened so this is not really the bull run for this year because it's stopped already and going down a little bit .

[sandra_x]

If we are to go buy google search, the popularity has dwindled. But more importantly, there are increasing number of merchants adopting bitcoin as a payment option. Also a lot of infrastructural development on-going that possibly will enable institutions to invest in bitcoin.Overall, adoption is growing

[Cryptotissue]

Considering the market value of Bitcoin from January 2019 to July 2019, I believe the bull run of Bitcoin has started but it is kinda at a slow speed. Looking at the price changes from January to now, bitcoin market has experienced a drastic increased in market value..

[Botnake]

We don't need to be rush as everything must be systematic and in must be at a perfect time. The market isn't prepared enough for another high, yet we are still struggling from being down since last week. The current price isn't enough to say that we are in the bull but then, our hopes are still there and keep believe it to happen if you have still guts to believe.

[Thirdspace]

Considering the market value of Bitcoin from January 2019 to July 2019, I believe the bull run of Bitcoin has started but it is kinda at a slow speed.

I second your opinion, bitcoin is already in bullish trend started in march/april
do not expect a straight upward chart line without any downs, that's impossible
we should expect this last up to a few months after halving day or even mid 2021
but we will see a few corrections along the way, that's normal even in a bullish market

[pooya87]

haha, he is making the mistake that is very common among the newbies who come in bitcoin world and are blind when they look at charts
the mistake is comparing this year with 2017!!! this year has nothing in common with 2017 which was the peak of the bubble and the final stage of the roller coaster pattern that bitcoin has. basically bitcoin always starts slow in its rises then slowly gains momentum until it becomes fastest and biggest to end it with a bubble and then the next phase starts with the bubble burst.

now we are in the start of that slow recovery/rise. in other words 2019 must be compared with 2015 not 2017. and newbies are too lazy and naive to look at the whole chart. they only look at the closest thing (ie 2017) and try to find similarities there...

as a result, the bull run HAS STARTED already. and we are in 7th month of it.

[Youghoor]

I'm a bit confused here, Bitcoin bullrun hasn't started !!!....  Is this person new to the crypto ecosystem ?? or he is just saying things to just get the attention of people in the bitcoin ecosystem?... The bull run of Bitcoin started for a while now and its kinda in a slow phrase currently.

[Kakmakr]

Peter Schiff is one of the weirdest libertarians I have ever seen.    He is a stock broker and he likes Gold, so it is not strange to see negative comments from Goldbugs like that, but Bitcoin should be every libertarians wet dream, but he is not convinced that it is fighting for libertarians goals. 

I think some libertarians think precious metals is the hedge against economic collapse, but I think governments have control over global Gold reserves and even private ownership, if they want to do that. <History has shown that they can outlaw private Gold ownership> 

[antisocial77]

I agree on this.i dont think halving effect hasnt started yet, maybe around end of 2019.by the way it will be bloody for altcoins.

[Haunebu]

What is the point of discussing the views of a skeptic? They are probably trying to push the BTC value downwards in order to buy it at a low price or they may simply be haters who will continue dissing BTC no matter what.

Peter Schiff is just another skeptic and nothing more. True HODLERS like me ignore these people and just focus on accumulating more and more BTC.

[MonsterV]

People think differently, some says it started already, some says we are still in the bear market.
At the end of the day, we have to decide on our own and believe what we think is happening with the market.

Personally, I think the market is bullish but bull run hasn't started yet, why? because we are still stuck below $10,000 and price didn't continues its run.

Actually we are on a bullish market and it has started since bitcoin has increased significantly last month. It's just that the bitcoin situation is now in a period of correction, well because we know the market will not always move upward, there are times when the condition will be saturated as it is now. Now let's wait for the next market move, I still think it will go up again because the red market has gone.

[royalfestus]

As at June when the price was at the peak, bitcoin search was so high on google and so also is the greedy level of traders. More bitcoin addresses were added, actually there are no proves if it was from existing bitcoin users or new. News like this when the market is doing well are mere distraction, every trader/investors should decide what he/she wants.

[eternalgloom]

Peter Schiff is one of the weirdest libertarians I have ever seen.    He is a stock broker and he likes Gold, so it is not strange to see negative comments from Goldbugs like that, but Bitcoin should be every libertarians wet dream, but he is not convinced that it is fighting for libertarians goals. 

I think some libertarians think precious metals is the hedge against economic collapse, but I think governments have control over global Gold reserves and even private ownership, if they want to do that. <History has shown that they can outlaw private Gold ownership> 

I don't know, after watching his livestream I got the feeling that he really does want to believe in Bitcoin, but that no-one has been able to convince him with strong enough arguments.
That said, he seems to have some very weird notions about Bitcoin. I reckon he's just too deep into gold to entertain the possibility that Bitcoin might be better

[btc_angela]

That's why I saw some 'reputable' members here uses the term "mini bull-run", when we see the price dramatically grows starting from April 2 to $13800. I'm sure everyone is anticipating the massive bullpen similar at the end of 2017 after the block halving next year and pushing it to the new boundaries in 2020-2021.

[Red-Apple]

it seems like some people don"t know the meaning of "bull run" they apparently define bull run as when price goes to the moon something like reaching $100k will satisfy them enough to call it that.
the reality is that bull run is when price is rising and is supposed to rise in the future too. and it makes it a good time to buy in. and now we are in a bull run. it doesn't have to reach a ridiculously high price and a big bubble for it to be a bull run. the fact that it has risen from $3k to $10k is enough reason for it.

[YuginKadoya]

I highly doubt if he got something good to say Because of Peter Schiff is a critic of Cryptocurrency even if he is totally buying or investing he is still criticizing because of his idiocy is way more ahead than the blockchain technology everything related with Bitcoin is so negative with him, He is more in favor of Gold than the new era of asset that is Bitcoin, Well we can not do something about it that is his beliefs and I never really believe a thing he is saying about Cryptocurrency instead if it is Gold his topic.