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pixie85
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July 30, 2020, 07:30:36 PM |
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It can as well be different in the opposite way. There's more people but also more holders who bought Bitcoin in the longest bear market in history.
I hold my coins and I'm bullish but let's not forget that if all those people who bought for sub 10 thousand think of 20 -25 thousand as their target we may never go very far.
The big bubble that used to be 5-10x can this time be only 1 -1,5x and this will make it dramatically different. The next bubble in 5 or more years can only be 0.5x and so on. It still won't be bad because imagine going 0.5x from 40 thousand dollars. That would still leave us at 60 which is a great price. I wouldn't wait for 100 or 200 thousand dollar bitcoin though.
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dothebeats
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July 30, 2020, 09:38:04 PM |
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While I applaude the positivity and the enthusiasm of the Winklevoss twins in bitcoin, at the end of the day they’re still just like you and me, wanting to make something out of our curiosity with this tech. I find it kinda funny that they are trying so hard to market bitcoin even though those things will just come naturally without them shilling so hard for bitcoin.
I’m most certainly bullish for bitcoin, but I won’t go through lengths and whatnot to shill for it so hard. Heck, it might even go opposite of what they’re predicting, just like what Tom Lee always does.
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Baofeng
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July 30, 2020, 09:52:52 PM |
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It will still be the same in my opinion, same as what happen to the 2017 bubble. The one that push it are those "irrational buyers" or what we call FOMO. Institutional money are already inside since the bear market, whales are just around the corner playing in the market. But what we haven't seen is retail investors who are willing to sell their house just to get in the bandwagon in the bull run, whether in the middle or at the tail end of it. High quality projects? did he mean upgrade to an existing one? Because I haven't seen any in the last 2-3 years except hype one specially in the IEO era and now this DeFi.
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hatshepsut93
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July 30, 2020, 09:54:58 PM |
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This time a lot of people have a memory of the 2017 bubble, either as participants or as observers, and the lesson of that bull run was that you should dump your coins when the price goes vertical, or you'll regret it for years. So, it's likely that this time the height won't be as big as some hodlers expect - I personally believe it will only go to $30k, maximum $40k. This exponential growth, where every ATH is 20 times higher than the last ATH isn't sustainable, and I think this bull market will be the one to break this trend.
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minersday
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July 30, 2020, 10:43:18 PM |
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Considering how the crypto market is growing, the bull run of Bitcoin will not be as the same as 2017. Personally, I don't really see a bull run of Bitcoin like 2017. Looking at the Bitcoin market from 2018 to now, the bull run will be like a 10% increase in the previous market value of Bitcoin and the market might drop in few days after the rise. I don't think there will be any dramatic different as stated by Winklevoss Twin in as much that there are more capital, infrastructure and better projects. People have learnt to understand the bitcoin market. Due to that, the next bull run of Bitcoin will not be significantly huge as before.
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Jating
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July 30, 2020, 11:07:23 PM |
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Considering how the crypto market is growing, the bull run of Bitcoin will not be as the same as 2017. Personally, I don't really see a bull run of Bitcoin like 2017. Looking at the Bitcoin market from 2018 to now, the bull run will be like a 10% increase in the previous market value of Bitcoin and the market might drop in few days after the rise. I don't think there will be any dramatic different as stated by Winklevoss Twin in as much that there are more capital, infrastructure and better projects. People have learnt to understand the bitcoin market. Due to that, the next bull run of Bitcoin will not be significantly huge as before.
It could be true, but remember that the market is a boom and bust cycle. So those who got REKT in 2017 might have learn their expensive lesson, but there are going to be a set of new investors, who didn't study the market well but just jump on the hype train similar to 2017. And how many of us believed that there is a 4 year cycle here? So it's going to be cyclical, there are going to be new investors that are willing to enter the market even if we are already in the parabolic rise, so I don't believed that there will be something 'dramatically different' in the next bubble.
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milewilda
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July 30, 2020, 11:14:31 PM |
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While I applaude the positivity and the enthusiasm of the Winklevoss twins in bitcoin, at the end of the day they’re still just like you and me, wanting to make something out of our curiosity with this tech. I find it kinda funny that they are trying so hard to market bitcoin even though those things will just come naturally without them shilling so hard for bitcoin.
I’m most certainly bullish for bitcoin, but I won’t go through lengths and whatnot to shill for it so hard. Heck, it might even go opposite of what they’re predicting, just like what Tom Lee always does.
Market would really be only having 2 types which are those positive and on the negative side.You are definitely right that those people are just the same on an average joe that do make their own speculation. Different or the same no one really knows on what would be the next bull run but to presume that we arent really the same wayback in 2017.For sure theres a higher level of recognition and attention compared back in the past but doesnt mean that those traditional industries would just easily recognize crypto market.We are heading there but no one really knows on when it would happen.
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exstasie
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July 31, 2020, 01:10:47 AM |
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This time a lot of people have a memory of the 2017 bubble, either as participants or as observers, and the lesson of that bull run was that you should dump your coins when the price goes vertical, or you'll regret it for years. So, it's likely that this time the height won't be as big as some hodlers expect - I personally believe it will only go to $30k, maximum $40k. That same thinking applied in 2013 and 2017. Skeptics said the same exact thing. "Too many people got burned last time, it'll never go exponential like that again!" Those skeptics were wrong. Most people are aiming at $25K-$100K. That tells me the next bubble will top much higher. It's impossible to predict but I wouldn't be surprised at all to see $300K-$400K, especially since so few are expecting it. This exponential growth, where every ATH is 20 times higher than the last ATH isn't sustainable, and I think this bull market will be the one to break this trend.
Could be. There's another possibility: BTC adoption is following an S-curve, and we haven't even seen the exponential mass adoption phase yet. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fittybiz.com%2Fwp-content%2Fuploads%2Fs-curve-business.png&t=665&c=sYVkqL1LeZafYw)
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LogitechMouse
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July 31, 2020, 01:23:20 AM |
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I like the optimism of this twins and they are there since the start (or at least near the year when Bitcoin was created) but still, they are just predicting like we are mostly doing right now ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Although I agree that there is more capital being injected right now in the crypto market, the high quality projects right now and in the year 2017 is the thing that I don't agree with. In my observation, I think that there are more high quality projects in 2017 than today. People right now are more knowledgeable compare to 2017 where there is too much hype on it. This incoming bull run will be different for sure since the investors this time isn't the same as the investors in 2017. Either way, we are all bullish and we are all expecting that a bull run is coming. Whether it is different or the same as the past bull runs, what is important is it will happen ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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Wexnident
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July 31, 2020, 02:00:07 AM |
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It could be true, but remember that the market is a boom and bust cycle. So those who got REKT in 2017 might have learn their expensive lesson, but there are going to be a set of new investors, who didn't study the market well but just jump on the hype train similar to 2017. And how many of us believed that there is a 4 year cycle here?
So it's going to be cyclical, there are going to be new investors that are willing to enter the market even if we are already in the parabolic rise, so I don't believed that there will be something 'dramatically different' in the next bubble.
I actually expect those that experienced the 2017 jump train to be more expectful of the next Bitcoin bull run. Yes, they learned their lesson, and would probably invest much earlier when prices are low to wait for the next bull run. That's imo anyway, I'm also expecting a lot towards the next bull run after all. Not to mention that 2017 brought a bout a huge number of people to the community, and with them learning for 3 years, they should know that Bitcoin has the capability to reach higher heights. Plus, considering that investors pulled out of stocks due to the pandemic, I can expect them looking for something to invest in. Who knows? Bitcoin may just be waiting for some sort of trigger to happen right now.
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btc78
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July 31, 2020, 02:39:53 AM |
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Winklevoss Twin says, "The next BTC bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure and high quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!" What does it mean that High Quality Project are more now compared in 2017? i think that claim is far different to reality. because as far as i remember it is 2017 is most successful year for ICo before ending in 2018. well articles sometimes are not all reliable,we know how manipulation and red tapes happening in crypto. This time a lot of people have a memory of the 2017 bubble, either as participants or as observers, and the lesson of that bull run was that you should dump your coins when the price goes vertical, or you'll regret it for years. So, it's likely that this time the height won't be as big as some hodlers expect - I personally believe it will only go to $30k, maximum $40k. This exponential growth, where every ATH is 20 times higher than the last ATH isn't sustainable, and I think this bull market will be the one to break this trend.
Greed is the main reason why people have learned their lesson,looking for higher profit until they did not notice the price is falling.
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pooya87
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July 31, 2020, 03:57:23 AM |
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It can as well be different in the opposite way. There's more people but also more holders who bought Bitcoin in the longest bear market in history.
it looks long to you probably because you never checked the historical price movements and the bear markets. for starters the last bear market before this one lasted 2 whole years which is 8-9 months longer than what we had last. the bull runs are only going to get bigger each time because each time there are more people adopting bitcoin. for example if first bull run 10 people adopted bitcoin the second one won't be 10 or less but would be higher like 30 and the next would be 100. that is how the growth is specially for something like bitcoin that has been kept back with a lot of FUD and limitations placed by mostly banks preventing people from dumping their fiat for bitcoin. as the FUD and limitations are lifted more people shift towards bitcoin.
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Fundamentals Of
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July 31, 2020, 03:57:44 AM |
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How does the next bull run differ from the previous bull run? A bull run is all about the rising of prices. The bull run in the past few years will essentially be the same bull run that we will see in the coming future.
The difference perhaps is that we may have more grounds for bull run today than in the previous years. There is more reason now that there is a stronger bull run happening in the near future than in the past. More people, more wealth, more interest, more understanding, more trust, etc are with Bitcoin now compared to years ago.
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LUCKMCFLY
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July 31, 2020, 04:07:59 AM |
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Well if we take into account the bullish and ATH trend of Bitcoin it has already happened, and each time the market grows, because every day there are more Bitcoin investors and believers, the more people enter the market the better, because by simple supply and demand the price It will rise, taking into account that volatility and the market is so unexpected, that any investor knows that buying right now is the best thing to do.
We are in a phase of the market that long before the pandemic some thought we were entering the phase of bullish trend, even today it can occur at any time.
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kolbalish (OP)
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July 31, 2020, 05:07:53 AM |
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Winklevoss Twin says, "The next BTC bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure and high quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!" What does it mean that High Quality Project are more now compared in 2017? i think that claim is far different to reality. because as far as i remember it is 2017 is most successful year for ICo before ending in 2018. well articles sometimes are not all reliable,we know how manipulation and red tapes happening in crypto. This time a lot of people have a memory of the 2017 bubble, either as participants or as observers, and the lesson of that bull run was that you should dump your coins when the price goes vertical, or you'll regret it for years. So, it's likely that this time the height won't be as big as some hodlers expect - I personally believe it will only go to $30k, maximum $40k. This exponential growth, where every ATH is 20 times higher than the last ATH isn't sustainable, and I think this bull market will be the one to break this trend.
Greed is the main reason why people have learned their lesson,looking for higher profit until they did not notice the price is falling. Yes far different from reality we know but it can be said and considered for last 2 years atleast. Now many projects are getting successful and big projects are coming. Things can be changed any time in any position. But positive minds can bring good situation.
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cabron
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July 31, 2020, 05:13:22 AM |
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Dramatically Different because adoption will do along with this bullrun. The pandemic will help these people decides what had to be done after the devastating effect of the current fiat system. I'm sure those who bought below $10k would target just more than$20K for their take profit but those dumps are going to be bought by the ones who are more greedy that will aim to hold for higher price.
The banks that are affected today will likely try to dominate in the next attempt they'd do for the new currency system. There are already cryptobanks who thought they can operate in crypto to which they still are gaining trust.
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sunsilk
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July 31, 2020, 06:02:46 AM |
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While I applaude the positivity and the enthusiasm of the Winklevoss twins in bitcoin, at the end of the day they’re still just like you and me, wanting to make something out of our curiosity with this tech. I find it kinda funny that they are trying so hard to market bitcoin even though those things will just come naturally without them shilling so hard for bitcoin.
I’m most certainly bullish for bitcoin, but I won’t go through lengths and whatnot to shill for it so hard. Heck, it might even go opposite of what they’re predicting, just like what Tom Lee always does.
It's true that we are the same as them wanting to see bitcoin at its highest. This is like the hype and statements of what John McAfee said during 2017 which also triggered a lot of people to believe him with those hyping words. They have said that there's more this time and it's no longer a balloon that enlarged just like 2017. Although a fact that bitcoin remains a speculative asset, there are more institutions that are looking seriously on it this time.
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romero121
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PredX - AI-Powered Prediction Market
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July 31, 2020, 08:13:53 AM |
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During the year 2017, each and every token without any usecase bumped it's market. During the time period investors and project owners earned big out of the bull trend. Now the scenario is different with more and more projects emerging, but very limited projects succeed. This is the difference between the year 2017 and the present. This has happened as a result of awareness, development in infrastructure, technology learning, all the above usage from common people has increased in a much higher margin.
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pathapoddo
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CRYPTOCITIZEN $CCASH
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July 31, 2020, 08:32:18 AM |
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Still remembered how the bull run was in 2017 and early 2018. That time I was just watching that bitcoin going up and up. I bought some amount of bitcoin at 1700$ around 2017 May-june. But in the year end bitcoin was aroun 15000$ which was almost 10X where I bought them. I think the next bull run won't be the same. Because the market has changed, the market and the number of investors also increased. Bitcoin is now fully unpredictable, no one knows what will happen in upcoming days. But yes bitcoin still has a great value and people love to hold it.
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