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Author Topic: Exacly what is the Reason?  (Read 502 times)
Polo7 (OP)
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October 03, 2019, 06:54:12 PM
 #1

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?
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Polo7 (OP)
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October 03, 2019, 06:57:58 PM
 #2

Bull run i mean btc price at least 12-16k and up.
 
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October 03, 2019, 07:11:09 PM
 #3

What is even a bull run and a bearish market? Bitcoin mooning from $3k+ to about $13k+ is that a bull run or a bearish decline? We may not have seen ATH but that doesn't mean good things are not happening in the market.
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October 03, 2019, 07:28:09 PM
 #4

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?
Only mass adoption can bring BTC back into the bull run which is not happening because of slow transaction speed and no support from governement currently but I think soon governments would realize it's worth and with coming of lightning network it will definitely go to a bull run very soon.
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October 03, 2019, 08:03:51 PM
 #5

Bull run i mean btc price at least 12-16k and up.
 

Are you sure about that? that is the price you want to have i think.

BULL RUN:
it is not the price we want but the price in the market where we can see that is is going up.
This bull run will make the coin or BTC have more demands than dump!

BAKKT is here? they said! we may see it but the effect is not really here yet.

If we want bull run then we must have most local stores and country involved in the movement.


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October 03, 2019, 08:34:32 PM
 #6

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?

Before the race it is wiser to lower the price so you can buy more. The news is good yes, but sometimes it is better to have a lower price and then buy a larger amount.

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October 03, 2019, 08:43:04 PM
 #7

You using volumes as argument for bull run is a rookie mistake and shows that you are a new here.
Volumes are faked, almost every exchange fakes their volumes ,especially those who dont have FIAt pairs.

As you know the big bull run in past ended with the big awaited event, markets go up before the events not after them.

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October 03, 2019, 08:50:21 PM
 #8

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?

Indeed that is not enough.  Volume can be faked as far as we know,  Bakkt did not performed well on their launch and had a miniscule transaction to affect and create a rally for Bitcoin.  It is too soon for BAKKT to be the catalyst for Bitcoin Bull run. 

Honestly, sometimes I think that Bitcoin price movement is independent from events that happen in the Industry.  We see good news, the price drops.  In the previous years, we saw bad news about banning and yet Bitcoin rally and reached another ATH.  Sometimes I think that there is a group of whales manipulating the price of Bitcoin.  So if what my suspicion is true, then we need this group to decide that it is time for Bitcoin to reach its ATH.

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October 04, 2019, 02:26:55 PM
 #9

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?

Indeed that is not enough.  Volume can be faked as far as we know,  Bakkt did not performed well on their launch and had a miniscule transaction to affect and create a rally for Bitcoin.  It is too soon for BAKKT to be the catalyst for Bitcoin Bull run. 

Honestly, sometimes I think that Bitcoin price movement is independent from events that happen in the Industry.  We see good news, the price drops.  In the previous years, we saw bad news about banning and yet Bitcoin rally and reached another ATH.  Sometimes I think that there is a group of whales manipulating the price of Bitcoin.  So if what my suspicion is true, then we need this group to decide that it is time for Bitcoin to reach its ATH.

I see Bakkt having its real effect in the long run. It was recently released and they are already charging her a lot. The exchange was created to facilitate institutional money and it will not be immediate that it will enter

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October 05, 2019, 04:16:37 AM
 #10

It's because the market is not ready yet for a bull run. And even though we have so many positive news coming around, the demand is not yet there. Specially when Bakkt enter the pictures, it was touted to be the catalyst, but look what happen after that.

I think the demand will come in once we draw closer the bitcoin halving. And then slowly rises after that because of the difficulty acquiring BTC.
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October 05, 2019, 04:31:06 AM
 #11

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...

these are not "good things".
Bakkt is partially good but mostly was hyped up.
Binance has absolutely nothing to do with bitcoin because it is an altcoin exchange and whether or not it has high volume doesn't change anything for bitcoin not to mention that their volume is partly fake and rest of it is due to pump and dumps.
bitmex is somewhat relevant but it is mainly the place to go to for leverage trading. it is not "good" news for bitcoin really.

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October 05, 2019, 04:42:07 AM
 #12

Whenever there's a bull run, there'll always be a plummet from that high price down to a lower, more reasonable price.

Nothing big has happened so far, and no huge whales have exited or bought up all the BTC, so that's probably the main reason why we haven't seen a lot of huge price changes in the recent months.

I like the current market though to be fair, small price changes, where BTC is fairly stable and isn't making huge bull or bear runs.

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October 05, 2019, 05:09:20 AM
 #13

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?
Exactly what is the reason. Yahoo failed but google become the all time giant. What is the reason why chinese & indian markets are growing at a faster pace than US markets. There are a plenty hell of reasons but nothing objective that could satisfy anyone. Same is the thing here. Bull run is not something like a season which will come and then retreat. It's actually reaction of people when they get into FOMO. Only a good news can't get a big fomo and this is the reason we haven't have a bull run so far. First there must be some good adoption. People should understand the value of bitcoin and the things take make it valuable and when they realized this security is not worth missing the FOMO would trigger something you call a bull run.
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October 05, 2019, 05:18:02 AM
 #14

Yeah, there has been much news about bitcoin but none of them really helped bitcoin in terms of price, look at BAKKT price even dropped after it happens last time. What bitcoin needs in order to get a bull run again is just one news, some hype and massive adoption from the community, this will create huge demand which will push bitcoins price to go up.

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October 05, 2019, 05:25:25 AM
 #15

You really don't have to search for reasons on why there is still a low price and the bull run is hasn't come yet. No one can really answer that question in exactly but they're just speculations. Just focus on investing coins that has the capability to push during bull runs.

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October 05, 2019, 06:03:35 AM
 #16

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?
Bakkt is here, but the effects on the market were a disappointment to a lot. Even though it was hyped and people told the community that with its launch, bitcoin price would rise, when the launch happened, instead of going up, it went down. Besides, those factors may affect the market but since they were a bit of a disappointment, they really didnt do much to affect the bullrun

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October 05, 2019, 06:14:07 AM
 #17

Bull run i mean btc price at least 12-16k and up.
 

yes thats what the definition of a bull run.  everybody knows that your refering to that price range when you say bull run.  you list few good reason on why the bull run must start but why it didnt ? it could be that whales are responsible for this  .

they dont want to start a bull run but maybe thier waiting for the right time.   like what happen last two years ago where the bull only started in november and december.  they may want people to expect that history really repeats itself.  better if you can  wait for that dates
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October 05, 2019, 07:03:13 AM
 #18

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?

Well, when you think about it, the bull run starts when there is a huge demand, which forces the price to go up. So it stands to reason that people need to start buying BTC more in order for its price to grow. There's your problem, there is likely skepticism and uncertainty in the heart of it all.

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October 05, 2019, 07:10:47 AM
 #19

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...


Still that all its not enough?

We are already living in it.

Have you bought any coins when it was below $4k? If you did, you would have at least tripled (doubled now) your investment by now. It hit $14k just a few months ago.

We are slowed down lately but we will get the next moon shot next year around the halvening probably.

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marky89
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October 05, 2019, 07:18:45 AM
 #20

Exacly what is the Reason bull run have not started yet?

There is allready good things happening Bakkt, Binance, bitmex large volumes and so...

Still that all its not enough?

Good news can't prop up bear markets. So maybe we're in a bear market. Ever consider that?

Check out this post and scroll down to "Bear Scenario (Alternative)." It's possible the long term bull market is over and we're headed to much lower prices now.

 
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