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Author Topic: Next Bitcoin Bull Run Will Be ‘Dramatically Different’  (Read 807 times)
Onuohakk
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August 05, 2020, 08:30:33 PM
 #61

Every bitcoin bull run season comes with her own level of volatility. This year bull season might be quite different from 2017 bull run. Whereas we'll be able to see a steady increase in price after the bull run not as 2017 steady decrease in price after the bull season has commenced for a while, making people to lose their whole investment

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August 05, 2020, 10:35:40 PM
 #62

Every bitcoin bull run season comes with her own level of volatility. This year bull season might be quite different from 2017 bull run. Whereas we'll be able to see a steady increase in price after the bull run not as 2017 steady decrease in price after the bull season has commenced for a while, making people to lose their whole investment
^ Of course, there is, it will not probably repeat itself with the same movement. But there is something that we are sure, bitcoin price bull run will surge more than what happened on year 2017. This is the most anticipated and awaited moment in most bitcoin holders, they want bull run and it will dramatically different for every movement. Nevertheless, bitcoin dominance will also make arises altcoin prices and move significantly when bitcoin will increase the price.
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August 05, 2020, 11:08:46 PM
Last edit: June 12, 2023, 02:47:34 AM by STT
 #63

2017 was marked by the dollar index decline almost throughout the whole year, since that doesnt occur every year thats what Im watching out for this time.   Just recently Dollar has declined after during March registering a richter scale type movement back and forth tracing lows and highs as understandably volatility was apparent in world trade and debt trading.
    I'm more interested in common terms between rallys perhaps on a different magnitude but DXY was down to a new low today and if it continues below say 25 that'd put us into a similar trend decline dollar value that was evident during the BTC rally of 2017.

Quote
adoption

Just one thing to focus on for BTC to propagate across the general population and its simplicity.   The product has to be less obstructive, convenience will determine success I think, when BTC becomes less remarkable at least in its requirements then ironically it will be more useful to most

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August 05, 2020, 11:50:19 PM
 #64

Every bitcoin bull run season comes with her own level of volatility. This year bull season might be quite different from 2017 bull run. Whereas we'll be able to see a steady increase in price after the bull run not as 2017 steady decrease in price after the bull season has commenced for a while, making people to lose their whole investment
As they say, fundamentals are getting stronger this time and the growth that we're seeing is no longer be called a bubble. There's an actual growth that we can compare to the past bull runs that we have.

It's true that this time, there will be a difference from the last ones.

It sure is three years and so many things have happened, so many projects come and go so many companies and institutions adopted Cryptocurrency and investors are more aware and educated, the landscape is very much different from what we had back 2017 so we expect the next bull run will be very much different from the one we last have, we could experience a more longer bull run.
The investors that have experienced the bulls and bears can be said as experienced and educated. But, the new investors that are keep coming can also experience the same struggle like the others or like what we did before.

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August 06, 2020, 02:41:10 AM
 #65

“It’s different this time.”

It’s almost always the same. Don’t fight fractals.

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August 06, 2020, 03:40:38 AM
 #66

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!"

The full article is here, https://cointelegraph.com/news/winklevoss-twin-next-bitcoin-bull-run-will-be-dramatically-different/amp
that's good news, but I also always analyze and see every market response when after the bitcoin halving event, I've also analyzed that the price of bitcoin will be really surprising for the next time, I think a year after the halving will see the price of bitcoin will really take a new ATH from the previous

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August 06, 2020, 04:03:06 AM
 #67

Every bitcoin bull run season comes with her own level of volatility. This year bull season might be quite different from 2017 bull run. Whereas we'll be able to see a steady increase in price after the bull run not as 2017 steady decrease in price after the bull season has commenced for a while, making people to lose their whole investment
As they say, fundamentals are getting stronger this time and the growth that we're seeing is no longer be called a bubble. There's an actual growth that we can compare to the past bull runs that we have.

It's true that this time, there will be a difference from the last ones.
Hopefully, that can change the bitcoin price to the high price because we finally see $11k again, and maybe that is the sign for us that bitcoin will be touching the other highest price. But unfortunately, there is no right information about when bitcoin price will get the next bull run, so we need to wait for more to see it's happening. The next bitcoin bull run will be different than the last one, and I am sure that we will see bitcoin price will break more than $20k soon.

.
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August 06, 2020, 08:15:47 PM
 #68

Every bitcoin bull run season comes with her own level of volatility. This year bull season might be quite different from 2017 bull run. Whereas we'll be able to see a steady increase in price after the bull run not as 2017 steady decrease in price after the bull season has commenced for a while, making people to lose their whole investment
As they say, fundamentals are getting stronger this time and the growth that we're seeing is no longer be called a bubble. There's an actual growth that we can compare to the past bull runs that we have.

It's true that this time, there will be a difference from the last ones.

It sure is three years and so many things have happened, so many projects come and go so many companies and institutions adopted Cryptocurrency and investors are more aware and educated, the landscape is very much different from what we had back 2017 so we expect the next bull run will be very much different from the one we last have, we could experience a more longer bull run.
The investors that have experienced the bulls and bears can be said as experienced and educated. But, the new investors that are keep coming can also experience the same struggle like the others or like what we did before.


I'm not sure what you are trying to say here. There is always "actual growth" during bull markets, this time isn't different. Every bull market has had exponential actual growth, as can be measured by how the bottoms increase by orders of magnitude each cycle: ~$2, (~$65 if we're counting the mini 2013 cycle), ~$200, ~$3100. And yea its not in a bubble right now, just as in 2016 when the price was building up through the mid to high 3 digits it wasn't a bubble.  But you can be sure that in the next year or two once the price starts shooting up to the mid-to-high 5 digits, and maybe even to $100k, that will be a bubble, just as there was in 2017, 2013, 2011...

It's true that this time, it's gonna be the same as every other bitcoin market cycle. So, no, this time isn't different.
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August 06, 2020, 08:54:27 PM
 #69

The most important thing is the percentage.
there are more capital, human capital, infrastructure and high quality projects than in 2017, BUT, we need more money to take the same %profit, the amount to reach x20 of the last ATH is HUGE.
We will see profit, but not like the last bullrun

A common assumption, and one I disagree. Keep in mind, price is determined by both supply and demand. By focusing only on the amount of money needed to sustain the market, you are actually assuming static supply. What happens during bubbles: supply on exchanges exponentially decreases.

Very few people account for that phenomenon. When everyone is refusing to sell their coins, the potential gains are nearly limitless, at least during the temporary and short-lived blow off top.

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August 06, 2020, 09:20:47 PM
 #70

There is a part of adoption that can't happen because of the fundamental stuff in bitcoin. For starters when you spend fiat money in a place it could be cash or credit and you will give the money to other people very instantly and you will spend basically a tiny amount for profit, whereas when you are using bitcoin it could be as high as 10 bucks just for transaction that could take over an hour.

So, I am sorry but adoption could never happen in these situations, there is no way that people could use bitcoin all over the world for purchasing stuff since its definitely an inferior way of spending money.

We all love bitcoin here on bitcointalk but in order for it to become better, we need to make it better somehow and make it faster and cheaper and I mean a lot more faster, like under 30 seconds fast, and cheaper as in 10 cents or lower per transaction.
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August 06, 2020, 11:56:59 PM
 #71

There will be a lot of FOMO this time around and the way things is looking now, we might have all time high before the end of this year.

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August 07, 2020, 06:18:47 AM
 #72

Bitcoin pumping fomo will always remain but pump  will happen today or tomorrow. So that’s how market works pump folloed by a correction or dump even more pump.         
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August 07, 2020, 06:48:27 AM
 #73

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!"

The full article is here, https://cointelegraph.com/news/winklevoss-twin-next-bitcoin-bull-run-will-be-dramatically-different/amp
We actually have few projects then on like now that we have several good projects that are sharing the capital that may flow into the cryptocurrency market. It might not going to be strength up this time around as it happened in 2017 but we should still expect bull dominant again.
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August 12, 2020, 06:13:44 PM
 #74

There is a part of adoption that can't happen because of the fundamental stuff in bitcoin. For starters when you spend fiat money in a place it could be cash or credit and you will give the money to other people very instantly and you will spend basically a tiny amount for profit, whereas when you are using bitcoin it could be as high as 10 bucks just for transaction that could take over an hour.

So, I am sorry but adoption could never happen in these situations, there is no way that people could use bitcoin all over the world for purchasing stuff since its definitely an inferior way of spending money.

We all love bitcoin here on bitcointalk but in order for it to become better, we need to make it better somehow and make it faster and cheaper and I mean a lot more faster, like under 30 seconds fast, and cheaper as in 10 cents or lower per transaction.
We will have to see how this market evolves, despite gold's popularity over thousands of years gold has always been used as a store of value while the precious metal that was most commonly used as a currency was silver, if something similar happens then it is possible that the transaction speed and the transactions costs of bitcoin become irrelevant as bitcoin becomes a store of value, which begs the question which cryptocurrency will become the equivalent of silver? Many thought that litecoin will take that place but now I find this doubtful.
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August 13, 2020, 10:51:52 PM
 #75

There is a part of adoption that can't happen because of the fundamental stuff in bitcoin. For starters when you spend fiat money in a place it could be cash or credit and you will give the money to other people very instantly and you will spend basically a tiny amount for profit, whereas when you are using bitcoin it could be as high as 10 bucks just for transaction that could take over an hour.

So, I am sorry but adoption could never happen in these situations, there is no way that people could use bitcoin all over the world for purchasing stuff since its definitely an inferior way of spending money.

We all love bitcoin here on bitcointalk but in order for it to become better, we need to make it better somehow and make it faster and cheaper and I mean a lot more faster, like under 30 seconds fast, and cheaper as in 10 cents or lower per transaction.
We will have to see how this market evolves, despite gold's popularity over thousands of years gold has always been used as a store of value while the precious metal that was most commonly used as a currency was silver, if something similar happens then it is possible that the transaction speed and the transactions costs of bitcoin become irrelevant as bitcoin becomes a store of value, which begs the question which cryptocurrency will become the equivalent of silver? Many thought that litecoin will take that place but now I find this doubtful.
How do you say so for Litecoin to be next in line? considering that there are lots of top alts which i do see much more  better and more worth to take that place but well, we cant really judge nor predict on where people
do give out their outmost support on a certain project.It all matters with the demand and recognition which would really takes time and cant really be just rushed up on where most people do talk about.
Going on topic talking about next bull run will be different? It doesnt matter but we do much prefer on having that strong foundation on kind of adoption where price cant easily be crashed just
like a manipulative of a kind.

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August 14, 2020, 01:55:58 PM
 #76

It could go either way, the industry is full of surprises when everyone is expecting a specifically thing to happen it usually goes the other way. Although in general we're all bullish on bitcoin but when there are more traders wanting to sell their bags on a specific amount it becomes a problem for the market as it forms a resistance at that price. We experienced this few months back when bitcoin had a difficult time crossing the $10k trading price just as it isn't having enough trading volume ti surpass $12k.

We should be more careful this time around because there's a higher possibility to of more people getting rekt anticipating a continuous upward trend when the market start showing positive signs of price appreciate but it might not be so because corrections are bound the occur in a health market.

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August 14, 2020, 02:22:30 PM
 #77

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

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August 15, 2020, 02:59:51 AM
 #78

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

Of course, every cycle will be different, the only thing that is consistent is that there could be irrational buyers willing to buy even if the price of bitcoin is very high. The good thing is that it can fuel the next bubble, however, those noobs are going to be trap for sure.

And now that a new parameter takes shape in the form of the corona virus pandemic, so it will be very different bull run. And the price could soar to a new all time high that we even couldn't imagine.

R


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August 15, 2020, 05:47:10 AM
 #79

Every bitcoin bull run season comes with her own level of volatility. This year bull season might be quite different from 2017 bull run. Whereas we'll be able to see a steady increase in price after the bull run not as 2017 steady decrease in price after the bull season has commenced for a while, making people to lose their whole investment
^ Of course, there is, it will not probably repeat itself with the same movement. But there is something that we are sure, bitcoin price bull run will surge more than what happened on year 2017. This is the most anticipated and awaited moment in most bitcoin holders, they want bull run and it will dramatically different for every movement. Nevertheless, bitcoin dominance will also make arises altcoin prices and move significantly when bitcoin will increase the price.

actually i believe the next bull run will kill a lot of altcoins instead of making their price go up, like last time because it is always a good opportunity for the bag holders to dump their altcoin bags and get out. additionally like all the previous times whenever there is a bitcoin bull run of a big magnitude there are a lot of new shitcoins coming out that will attract the altcoin trader funds that will come out of the rest of the shitcoins into new ones. which means older ones disappearing.
as for the dominance, bitcoin will remain the dominating cryptocurrency with 99% dominance but the market cap ratio will keep on decreasing as newer shitcoins with a lot more supply are going to be created. i wouldn't be surprised to see a MCR around 20% this time.

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August 15, 2020, 09:53:38 AM
 #80

I believe that the next bull run will indeed be different due to a combination of various circumstances, including the economic crisis due to the coronavirus. Attracting investment capital to the cryptocurrency market will also give a big boost, which will be very different from 2017.

Of course, every cycle will be different, the only thing that is consistent is that there could be irrational buyers willing to buy even if the price of bitcoin is very high. The good thing is that it can fuel the next bubble, however, those noobs are going to be trap for sure.

And now that a new parameter takes shape in the form of the corona virus pandemic, so it will be very different bull run. And the price could soar to a new all time high that we even couldn't imagine.

$100k? I think that's the maximum prediction I'm seeing from different experts online, don't know if they are real experts but I like them because they are so bullish with bitcoin. Imagine if we reach at that price, it could be a crazier bull run compared to the past, and who knows, shitcoins might rise from dead.

R


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