Bitcoin Bull Run ‘Hasn’t Started’

[ethereumhunter]

I think bitcoin now become stronger than before because the price is trying to increase and now, we see the bitcoin price reach $9865 according to bitstamp. I think we will see a new price in the next week if the situations are like now so we could hope that we will see the price will break $10k again. I am sure that if the price can reach that price, many people will be happy and they will have their optimistic back so they will have a chance to make a profit again.

[pawanjain]

How do you define a bull run?
If you think that the price will keep on increasing then you are wrong because if the price keeps going in one direction then it's a trap.
The price will probably go in the opposite direction soon. For me, if the price is increasing steadily over a period of time while having a few major and minor corrections then I would consider that a bull run.
So yeah the bull run has already started.

[Reid]

Its a bull with a pair of shit.

It might be getting a slow increase into adoption but it is still worth it.
We are not in haste here and it is better rather than other crypto out there which had been hyped but then forgotten which didnt even took a year.

Those kind of statements just helps bitcoin grew more.
Let us just all thank him for the negative feedback.

[buwaytress]

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.

I don't know, maybe I'm not hanging around enough reputable members but I and at least a few others actually haven't been anticipating anything like that, at least not until 2020 at the earliest, post halving. I mean, even this mini bull took me by surprise. Should check out the prediction threads from micgoosen. The ones before the bull run were dreadfully bearish.

[sarmrakib]

The market was a short period of downtrend but it got he positive trend once again .Its true the volume has decreased but it not means that it has lost it's popularity .You can't always think the similar situation will be happen again .I am thinking the market has already started the bull journey.

[sureshverma]

market has already started the bull journey.

Bull journey, I've never heard that before, it's funny   But in general, yes I agree with you. It does not lose its popularity, on the contrary, it becomes more and more popular over time.

[kecha1]

This is stupid. Bitcoin is becoming more and more popular every year and this is indicated by many facts. The fact that people around talk less about bitcoin does not mean that the popularity is lost, but rather the opposite, that bitcoin becomes something ordinary, everyday.

[putukin]

Is cryptocurrency lose popularity? This is complete nonsense! All top companies are starting to introduce the blockchain and release their coins, the crypto market attracts new traders and Bitcoin integration occurs every day. I do not want to listen to such people like Peter Schiff who say nonsense

[The Cryptovator]

I don't believe that crypto-currency is losing its popularity. Price up down it's just nature of crypto-currency. This isn't enough reason to loss popularity. However, I am not getting point why we should think that bitcoin isn't on bull run? It was dropped $3K and lately it was touched $13K. So why we can't say that bitcoin isn't on bull run? At least we are not on bear mode.

[jvdp]

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.

Actually we don't need to bother about the peter's word for even it is sceptic also it will not bother Bitcoin price for any matter. 13 many peoples who cautiously giving negative feedback about the cryptocurrencies if you mind about them we will not increase our money at all.
Just close your eyes and go to invest on Bitcoin and hold it for long term. One day it will be helpful for you at anytime.

[boris2470]

Why did Peter Schiff decide that people are losing interest in crypto? I think that over the past 3 years, the popularity of Bitcoin became huge. If I’m not mistaken, then a few months ago, Google published the news that the number of "Bitcoin" requests in Google reached a new record. How can Peter Schiff say the opposite if there are such facts?

[Slow death]

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

I don't understand why people keep wasting their time arguing with gold fanatics. One thing is to be an investor and investor investing where you know you will make a profit, he does not put feelings, but being fanatic is something dangerous. Why the hell can't one invest in both? Is there a problem investing in gold and bitcoin together? I don't understand these fanatics

[Naida_BR]

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/

He has a point.
Bitcoin and cryptocurrencies in general are not a hot topic in the media, even if the price was increasing during the last months. it seems like people has lost confidence over the industry and when the price increases, it doesn't create any buzz.

[todiboa]

If you watch the news then you should know that famous people like to make loud statements based on the current market situation. For example, if the price of a Bitcoin falls for a week or more, then you will most likely find the opinions of "smarts" who are talking about the collapse of cryptocurrency, coming bearish market or loss of popularity to crypto among people. This is a fact and we can only observe
Just nevermind

[Payme21]

On the contrary, I think bitcoin has gained more popularity even though the bull run is yet to begin as a lot is expected in terms of value

[hahahafr]

The bull run of bitcoin will not set into pace this year and even if it does it would be at the end of the year, somewhere in December. But from what i have been reading i think we would see the bull run of bitcoin when we enter into 2020 where we would see another halving of Bitcoin block reward. The halving will surely bring about a rise in price of Bitcoin.

[zviadits]

Why listen to the opinions of people who are against a bull run and generally against crypto? I dont care what Peter Schiff said lol. You have to analyze the market for its own and decide for yourself whether Bitcoin will grow and whether its popularity is growing.

[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.

Actually we don't need to bother about the peter's word for even it is sceptic also it will not bother Bitcoin price for any matter. 13 many peoples who cautiously giving negative feedback about the cryptocurrencies if you mind about them we will not increase our money at all.
Just close your eyes and go to invest on Bitcoin and hold it for long term. One day it will be helpful for you at anytime.

Though there are people that are still taking his opinion seriously because he's a known traditional investor and bitcoin is against to what he's holding. They think that his opinion is valuable and that really affects their decision.

For us, who are aware of things like this are pretty normal because we've seen a lot of personalities and people who always tell something against bitcoin. Most of us are already immune to these kinds of opinion but there are few that are worrying upon hearing such.

[superving]

On the contrary, I think bitcoin has gained more popularity even though the bull run is yet to begin as a lot is expected in terms of value

I believe the real bull run will start on the last quarter of this year and will carry through next year because of the halving of bitcoin. 50,000$ is the price i see by next year.

[iv4n]

We had a nice bull run this year, from 4 to 13 thousand dollars. I don`t believe we will see the price of bitcoin over 15 thousand dollars this year, it would be nice to just get and stay there, that would be a good price to start next year with.
Bull run in a way that most of the people wish to see it will not happen this or next year. Right after halving there will be accumulation period that can last for months, even entire year. That was how it happens last two halvings, and that will happen again. Look at this:



Here you can see that after first halving price needed 369 days to ATH, after second havling price needed 526 days to new ATH. If trend continues we will wait more than 2 years after the halving to see new ATH, and I think it will.