dentolas
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October 05, 2019, 07:38:12 AM |
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I don't think that anyone has the right answer for that... Crypto is on a crossroad... BTC is old and can't get there without patches, so we are hoping for the Lightning Network to work... as BTC is the strongest and most known coin, it is the one with chances for global adoption...so, fingers crossed, and hope that BTC tech can be updated
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Genemind
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October 05, 2019, 07:58:37 AM |
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Simply because it isn't the perfect timing for it to happen. 2017's bull run was surprising. I guess we should wait for total mass adoption and crypto acceptance around the world. That would surely bring a huge impact on the price of Bitcoin. However, the current price is still good so we must just take advantage of it. The bull run might occur this year, next year or it could happen so soon. No one really knows when.
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The Cryptovator
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October 05, 2019, 08:15:29 AM |
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Exacly what is the Reason bull run have not started yet? Answer is very simple ! Because new investors are not entering on bitcoin market right now. When new buyers will encourage to enter on bitcoin that time bitcoin will be on full bull run like happend on 2017. Most likely bitcoin just roaming between old traders and that's why we have seen current dump. Whatever you say, FUD or FOMO but main thing is new investors. Anyhow you have to encourage new investors to bitcoin then you can see bull runs. When you will see previous chart record you will realize how new investors could help bull run. During bull run you will noticed that there was high buy pressure, that means there was lot of new investors who already entered on crypto-currency markets and they want to buy bitcoin. That's why when bitcoin start bull run then just running for few days. Its because of investor's FOMO.
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Polo7 (OP)
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October 05, 2019, 09:21:21 AM |
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Exacly what is the Reason bull run have not started yet? Answer is very simple ! Because new investors are not entering on bitcoin market right now. When new buyers will encourage to enter on bitcoin that time bitcoin will be on full bull run like happend on 2017. Most likely bitcoin just roaming between old traders and that's why we have seen current dump. Whatever you say, FUD or FOMO but main thing is new investors. Anyhow you have to encourage new investors to bitcoin then you can see bull runs. When you will see previous chart record you will realize how new investors could help bull run. During bull run you will noticed that there was high buy pressure, that means there was lot of new investors who already entered on crypto-currency markets and they want to buy bitcoin. That's why when bitcoin start bull run then just running for few days. Its because of investor's FOMO. Yes! True! But Where is the New investors? And Where they come from? If they dont soon join in we will see other dump. Mostly the Old investors investing in altcoins ieos.. Icos. The bitcoin is just door way right now to cash out or cash in.
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Polo7 (OP)
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October 05, 2019, 09:22:43 AM |
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Dont be so exited about halving look at litecoin?
Litecoin is still down!
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ChrisPop
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October 05, 2019, 10:09:38 AM |
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You've got to understand that markets don't move in straight ups and downs. Instead it needs periods of consolidation in which weak hands and retail traders are shaken out of their positions and fuel the positions of the big accounts. After all it is all about supply and demand. Demand > supply = price surges up, demand < supply = price goes down, demand ~ supply = consolidation. In simpler words bulls need periods of cooling down so they can recharge their batteries. You can't just pump the price to $100k like that ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Darker45
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October 05, 2019, 10:18:34 AM |
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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?
The reason is that none of the things that you mentioned is new. Binance and Bitmex trading are already in operation for a while. Bakkt is newly launched but it does not mean that it is a new idea. It has already popped out several months ago. So there really is not enough reason for a bull run as far as the factors that you mentioned are concerned. However, I am positive of the upcoming 2020 halving. Although this is not a guarantee of course of a bull run, it will definitely be a significant factor.
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Inkdatar
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October 05, 2019, 02:50:37 PM |
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This may takes time time for bull run to happen, possibly needs more adoption for the price to increase. We could also take this opportunity to accumulate some btc in our wallet. And once more adoption will happen, and will invest into crypto surely btc price to be moon. Therefore, others knows this that the more demands the price will goes up just so happen no one knows when it will occur. Let’s just hope to see btc pumping next year.
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BitcoinPanther
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October 05, 2019, 03:42:45 PM |
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Probably, the market is not ready for another bull run. That is the main reason why, if it is, then we can see Bitcoin soaring high already. Aside from that, whales are manipulating trades and most of the people on the margin trading had been long for so long and they got impatient and shorted it. That instantly changes the market sentiment from bullish to bearish.
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Ailmand
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October 05, 2019, 03:52:51 PM |
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Instead of whinning about the next bull-run, why not enjoy the current bitcoin price to accumulate bitcoin. Once the bull-run starts people would start crying again regreting not buying when the prices are cheap. Just accumulate in small amount and be patient, everything will be worth it.
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Willitivity
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October 05, 2019, 04:36:56 PM |
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It's high time we stopped living with 2017's mindset. For a bull run to start, we need see more adoption, institutional money flowing in and possibly lessen bans place on cryptocurrencies in most countries. BAKKT can't trigger any bull run. Exchanges being successful and having heavy trade volumes can't also do the magic. It needs real solid underground works.
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Alexandr Kirichenko
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October 05, 2019, 05:22:06 PM |
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I'm curious... What does not suit you in today's Bitcoin price, it is very high, and gradually rises. I think it will continue to rise in the near future. And Yes, now this news is not good enough to send Bitcoin to conquer new heights. I think that now it is engaged in by people to whom it is favorable, we can only wait.
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matchi2011
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October 05, 2019, 05:40:32 PM |
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It's high time we stopped living with 2017's mindset. For a bull run to start, we need see more adoption, institutional money flowing in and possibly lessen bans place on cryptocurrencies in most countries. BAKKT can't trigger any bull run. Exchanges being successful and having heavy trade volumes can't also do the magic. It needs real solid underground works.
It's needs to gain more supports and users trust in order to bring more success, Bakkt alone can'r lift everything but the people behind this industry have capabilities to bring the bull to wake up. There's no need of comparing the situations from how things went last 2017 bull, if we live from that we will be left stuck from the memories and keep pulling things down. Start working with good anticipations future will dictates the fate of this market.
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Youghoor
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October 05, 2019, 07:08:19 PM |
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Exacly what is the Reason bull run have not started yet?
Are you new in the crypto space or what ? The bull run of Bitcoin for this year started in may, thus when the price of Bitcoin moved from $5k to $12k and then dropped down to $8k. The bull run has already happened for the year 2019.
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finaleshot2016
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October 05, 2019, 07:25:55 PM |
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I knew it that BAKKT and others will definitely not affect bitcoin's market price and the worst part is the price decreases. But as the others said, the bull run already happened but not similar to the bull run in 2017. I hope that this is not the end of bitcoin in the year 2019.
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Polo7 (OP)
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October 05, 2019, 07:32:45 PM |
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Exacly what is the Reason bull run have not started yet?
Are you new in the crypto space or what ? The bull run of Bitcoin for this year started in may, thus when the price of Bitcoin moved from $5k to $12k and then dropped down to $8k. The bull run has already happened for the year 2019. What bull run? It was just pump!! Bull run is Long run and smooth run when Everyday we see nice and steady btc price is going up!! That's nice and That's what we need!
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todiboa
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October 05, 2019, 07:36:31 PM |
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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?
There are hundreds of people who own billions of dollars in Bitcoin. If they do not participate in trading and other events then Bitcoin price will remain in place. This is why Bakkt and other events were unsuccessful and did not affect the growth of Bitcoin - whales did not do something
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fiulpro
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October 05, 2019, 08:49:08 PM |
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Maybe it is just stabilizing or something , it's Bitcoins , you can never be sure of anything thus whatever it is we cannot predict when it is going to be a bull run or a bearish run this is the reason why people try and stay out of cryptocurrencies because we don't have any formula or chart , the fact is , it's not only the good things happening but some bad ones too the problem is our focus is out there in the market , I think it will take time , who know how much .
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jossiel
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October 05, 2019, 08:57:20 PM |
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Volatility.
This is the reason why the market goes up and down from time to time and even though we think that it's already a bull run there's still something that stops it. We just can't control the crowd.
Wait for next years to come and see on how the market will progress. Don't rush, most of the investors that rush are even losing more.
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Pumared
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October 05, 2019, 10:01:44 PM |
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Volatility.
This is the reason why the market goes up and down from time to time and even though we think that it's already a bull run there's still something that stops it. We just can't control the crowd.
Wait for next years to come and see on how the market will progress. Don't rush, most of the investors that rush are even losing more.
I also think it's a lack of maturity, the market needs it to grow and spread better. Give him a few years and we'll have good fruit.
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