Looper_U (OP)
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$CYBERCASH METAVERSE
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February 27, 2021, 05:54:25 AM |
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I almost got confused that the bullrun is over until I think about everything deeply again, here is what I think about, this bull season is not like 2017s, we don't have powerful people buying BTC this crazily in the past, crypto was never this popular and more supported in the past, Tesla, mastercard, PayPal, Microstrategy etc where not here before, even if the bull is slowly fading the high adoption rate still stands
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JeffBrad12
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February 27, 2021, 06:33:19 AM |
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We have no support from the institutional investors in the past but this time the institutional investors started to consider bitcoin and there are lots of countries that were also starting to take bitcoin as a thing that must be talked about. There are lots of products that already developed in the crypto and the cryptocurrency become even mature than before. We are not yet facing the massive adoption dude and we are still at the early stage of crypto adoption. Imagine when all people consider bitcoin as the best investment. that will make bitcoin go to the moon again.
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Flowzer
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February 27, 2021, 07:52:28 AM |
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Agree, most people who said history repeat (want the condition like 2018) is the one who want to accumulate coins at really cheap point. Im a bit sure that it will not happen anymore and this condition is just a small correction to create a stable season for a Bitcoin. I mean even if the buy power isnt strong anymore, sell pressure will not be huge enough to dump it.
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larus
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February 27, 2021, 07:59:53 AM |
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Institutionals will never allow btc below 20k again. Nonetheless, 20k for btc amay kill the industry now
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FireBallex
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February 27, 2021, 08:33:34 AM |
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Institutionals will never allow btc below 20k again. Nonetheless, 20k for btc amay kill the industry now
20k per bitcoin won't kill the industry, in 2020 when pandemic hit the whole universe everyone thought it was over, who knew that bitcoin can ever go deep to 3000+ at that time? The fortune part about bitcoin is adoption, some people will always be waiting to buy the dip that's what I'm sure about.
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ultrloa
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February 27, 2021, 08:46:11 AM |
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I almost got confused that the bullrun is over until I think about everything deeply again, here is what I think about, this bull season is not like 2017s, we don't have powerful people buying BTC this crazily in the past, crypto was never this popular and more supported in the past, Tesla, mastercard, PayPal, Microstrategy etc where not here before, even if the bull is slowly fading the high adoption rate still stands
Don't equate the conditions and situation in 2017 with this year, because every year it is clearly different in crypto, right now it's not that no one is buying BTC like crazy, it's clear there is just that it's not really visible because of the difference in BTC prices on 2017 with this year is very far away, so don't equate every past condition with the current condition even though the words mentioned by everyone in crypto are always the same, namely Bull run. Actually we can compare it before and now since OP is right the 2017 bull run doesn't have strong support compare to now that's why when the bear market came the price crash so badly to the extent that we see the price drop down to $3000+ level which is so deep for the past ATH reached before. And look what happened now even the market turn red these days still we can still hop on since we know there are big fellas are here supporting some drops of the bitcoin that's why we see the price became stable after the storm happen.
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michellee
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February 27, 2021, 10:02:17 AM |
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I do not think the bull run is over because the price is still increasing, although the increases are not so fast. It is good to see the price slowly grow as we can prepare our coins to sell and we can determine what high price we want.
Maybe people buying bitcoin is not like in the past, but now, we have many big companies trying to integrate their finance with bitcoin and many of those investing in bitcoin. That will be great news for us because that can make the price rise, whether it's slow or fast.
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bittraffic
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February 27, 2021, 10:04:05 AM |
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I almost got confused that the bullrun is over until I think about everything deeply again, here is what I think about, this bull season is not like 2017s, we don't have powerful people buying BTC this crazily in the past, crypto was never this popular and more supported in the past, Tesla, mastercard, PayPal, Microstrategy etc where not here before, even if the bull is slowly fading the high adoption rate still stands
That's very true. ITs not over like they said its a correction but don't you also think we're off the loop already of this bull and bear market. It will happen still probably not for now. The adoption is already so there could be a reason why the bear market isn't going to be so bad because of the adoption. Bitcoin had become very popular really, even the old folks today are up to invest in BTC.
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Farma
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February 27, 2021, 10:07:11 AM |
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I think that the increase in prices this year will be sustained. well, this is very different from the previous one, because now there are people who are recognized by the world as providing considerable support for bitcoin or cryptocurrency users. Actually, I realized this too late because most of the assets I owned were sold at the end of 2020, but I am quite happy to see the current situation.
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republicrypto
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February 27, 2021, 10:15:42 AM |
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I almost got confused that the bullrun is over until I think about everything deeply again, here is what I think about, this bull season is not like 2017s, we don't have powerful people buying BTC this crazily in the past, crypto was never this popular and more supported in the past, Tesla, mastercard, PayPal, Microstrategy etc where not here before, even if the bull is slowly fading the high adoption rate still stands
i see btc dominance now decreasing and this is indicating if altcoins price will spike up soon or later mate and i still believe if the bulls is not over yet, its only a temporary corrections mate regards
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Dutchyyy
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February 27, 2021, 11:07:38 AM |
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I almost got confused that the bullrun is over until I think about everything deeply again, here is what I think about, this bull season is not like 2017s, we don't have powerful people buying BTC this crazily in the past, crypto was never this popular and more supported in the past, Tesla, mastercard, PayPal, Microstrategy etc where not here before, even if the bull is slowly fading the high adoption rate still stands
Definitely the interest in Bitcoin is much higher now than 3-4 years ago. And as you mention, the interest from large corporations is already quite visible. I think you are right - the current situation in the crypto world and the market is better than before.
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youdacapt
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February 27, 2021, 11:13:26 AM |
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Institutionals will never allow btc below 20k again. Nonetheless, 20k for btc amay kill the industry now
Institutions are individuals like you and i; what do you mean they would never allow ? Do the institutions control the market ? Mind you the blockchain and crypto currency market does not care if you are an individual or institution before it dumps on you. Or do you mean to say that last year 2020; there were no institutions hodling and using bitcoin ? The market is give and take; ensure you take enough profits before you give back more as losses or rekt.
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CuriousGeorge
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February 27, 2021, 12:53:56 PM |
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even if the bull is slowly fading the high adoption rate still stands
The adoption rate is still increasing even higher and you should not feel worried about this dude. The fact that if bitcoin already adopted by so many parties. You can also see the chart of bitcoin and it's increasing steadily from the year to the year. That means if bitcoin could go even higher anytime. When more and more adoption will come and people will be seeing bitcoin as something that needs to be included on their consideration.
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Ken_terrance
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February 27, 2021, 01:21:24 PM |
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BTC is well adopted right now than the past but that still doesn't mean that BTC won't fall anymore, there will surely be a time where people will take profits which will surely affects the price of BTC, that day is when no one knows, be prepared.
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Jackl87
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February 27, 2021, 01:31:44 PM |
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I also think that you can't compare this bullrun right now with the one from 2017. Back in the day even absolut shitcoins went crazy high for a few days before the long and heavy dump happened that lasted for a long time. Now the growth seems to be much more organic and healthy at least to me. The consolidation phase that we are in now for a few days also seems to be not too heavy and only caused a small dump in prices and seems to be quite stable right now. But as always: no one knows what happens.
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Golftech
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February 27, 2021, 01:44:08 PM |
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I also think that you can't compare this bullrun right now with the one from 2017. Back in the day even absolut shitcoins went crazy high for a few days before the long and heavy dump happened that lasted for a long time. Now the growth seems to be much more organic and healthy at least to me. The consolidation phase that we are in now for a few days also seems to be not too heavy and only caused a small dump in prices and seems to be quite stable right now. But as always: no one knows what happens.
Seems right, the bull is not like a bubble the market still standing with good support barrier. Just have to sor things out and analyze well when choosing any investment that you are planning to participate, working with any project that you think that have potential gives you opportunities to earn decently.
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Maslate
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February 27, 2021, 02:06:51 PM |
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I also think that you can't compare this bullrun right now with the one from 2017. Back in the day even absolut shitcoins went crazy high for a few days before the long and heavy dump happened that lasted for a long time. Now the growth seems to be much more organic and healthy at least to me. The consolidation phase that we are in now for a few days also seems to be not too heavy and only caused a small dump in prices and seems to be quite stable right now. But as always: no one knows what happens.
The market is so healthy to compare before. Last 2017 did only a short bullish season and while it responded with a long bearish season, but what we got today is very different. More people are already embracing crypto, they finally see it's important now and this will help to sustain the market uptrend. We are really surprised how the network keep rallying despite the negative news we've heard, but this never stops people who are having faith in Bitcoin as they will continue to support this.
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Gozie51
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 27, 2021, 03:42:34 PM |
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crypto was never this popular and more supported in the past, Tesla, mastercard, PayPal, Microstrategy etc where not here before, even if the bull is slowly fading the high adoption rate still stands
It may be dropping yes but it can't be compared like in the past like you rightly said. These big buyers are longtime investors and that means they won't be selling off soon. Sell off is a major reason that bitcoin deep just immediately that it starts to because individuals fear to lose large sum so they sell to cut of big losses. For institutional investors, they have the sole aim for profit and not for the fun of hodling bitcoin and they won't sell to a point that they can make profit and that keeps adoption going as price go higher too.
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Inkdatar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 27, 2021, 04:06:00 PM |
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Better than before because a lot of good news in bitcoin and also some institutions buying bitcoin. The correction is healthy in the market but usually the price could bounce. Many have a high hopes that bull run will be longer this time than before. As others have said fasten your seat belt alt season is also coming. Lucky those who have bags more of crypto in their portfolio.
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TWW
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 27, 2021, 04:26:24 PM |
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Better than before because a lot of good news in bitcoin and also some institutions buying bitcoin. The correction is healthy in the market but usually the price could bounce. Many have a high hopes that bull run will be longer this time than before. As others have said fasten your seat belt alt season is also coming. Lucky those who have bags more of crypto in their portfolio.
to be honest I've left some of my assets on the exchange and a few altcoins in my wallet due to waiting too long for the pump. but now all has paid off. even though it has made a fortune I still believe this market will last quite a while. demand is sure to increase even in correction can all return. I'm still getting ready and I'm sure some of the altcoins I still hold will have the moment.
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