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ElaineGanda
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March 01, 2021, 06:47:03 PM
 #41

Do you think guys, the market we have right now is better than the market we had 4-5 years ago? Is the bull run/pump that we have are better compare to 4-5 years ago? I can't fully quantify the data/graphs because of the complexity and complicated market situation. Maybe in top coins it is obvious that the market is better than before but how about the altcoins.

I must say yes we have been witnessed the continuous rising of bitcoin from the first mknth of this year up to the third week of this month, and here the price correction comes and we are now dealing with it. It is somewhat a better than before because i remember seeing the continuous downfall of bitcoin price in the market after the most awaited celebration to end and to start the year wayback 2017-2018. But as what we also been witnessed, altcoins are following the trend of bitcoin, which i didn't observed on the past what have been happened to altcoins way back then.
I see, I also remember that bitcoin ATH is only around $20k compare to the recent pump of btc which is $58k. But I noticed that the pump/bull run that we experienced last 4 years are better compare now because of the massive price increase both alt coins and top coins, not unlike what we experienced recently which only few and selected coins pumped.

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March 01, 2021, 07:42:51 PM
 #42

But I noticed that the pump/bull run that we experienced last 4 years are better compare now because of the massive price increase both alt coins and top coins, not unlike what we experienced recently which only few and selected coins pumped.

Is that the basis of a healthy bull run?

Those coins you are talking about way back in 2017 are mostly products of a hype that even without a use-case token, it can increase the price.

Going back today, there are lots of altcoins that also got pumped up on this bull run so I don't understand why you said it's only a few coins that got pumped up. Maybe you are pointing at those coins you have on your portfolio?

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March 01, 2021, 08:09:47 PM
 #43

I think the bull run is still not over. Look at the chart in 2017 closely, this thing will be sideway for like 3-4 month and then continue the bull run. There is nothing wrong with the people which hodl long time ago want to cash out and buy some property, they will come back again in few month.
l agree with your opinion, bull run is not still over yet. But everything is possible, maybe we will see that bull run will be over in the near future. Indeed everything is going such in 2017, but as l said maybe the bear market is near to us. On the other hand, there is nothing to worry about long-term investment, l think we have still time and should wait a bit more. It is just my prediction and l hope bull run will be with us for few months.

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March 02, 2021, 06:39:24 AM
 #44

The trust factor of cryptos increases in the last half year and we are seeing crypto adoption is increasing at a good pace. Don't be confused by other words market is much much better than the late 2017 bull run. This time market would not be like in 2018-2019. As you know many big players jump into this market that's why we should not compare this market from previous bull run and should not be afraid of current ongoing market correction.

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March 02, 2021, 07:07:04 AM
 #45

Exactly what i keep on saying, it's gonna be different than the usual cycle and $45K above is the new bitcoin's "normal" price. Many people think it's gonna be like before and there gonna be massive dump bla bla bla but turns out we could still go up again and retain the price near ATH.
People should know that the effect of large corporation and institutional investors really huge to the market.

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March 02, 2021, 07:09:38 AM
 #46

TRUE, everything is changing and this bull run is different to before. Many people keep saying bearish is coming but those who already selling got bamboozled and what they can do is just to suck it up  Roll Eyes. the bullrun is still on early phase and you guys gonna see what's the true price of bitcoin at the end of 2021 trust me   Grin.

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March 02, 2021, 07:22:41 AM
 #47

The fact is adoption won't stop bears from taking over but there will be difference is price low compare to what we've seen in past years, bitcoin may never go down beyond 20k again and that's a fact, the good move is take profits and wait for bear market to build portfolios again, crypto is just turning around in circle wise

It might be a right speculation for bitcoin that it won't go down beyond 20k as more and more adoptions are done and still going on. But tbh, it also won't be a good decision to wait for a real bear market and stay away from those oppertunities where anyone could buy bitcoin on every bottom in correction times and sell them at a new ATH. As it'll be just like previous bear market when everyone was expecting to see bitcoin at the $1k level , but bitcoin rebounded from $3.8k zone. Also, it's true that bear market will come sooner or later.

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March 02, 2021, 07:35:35 AM
 #48

What do you mean by "powerful" people? If you are talking about influential people, then yeah, it's true. Back in 2017, no big institution or people were investing in bitcoin. Price were getting pumped because people where just jumping into the hype train. They were afraid they were going to "miss" the opportunity to make some quick profit. Hence, the more people like them joined, the higher was the "risk" of the price getting dumped. Eventually people were uncertain and scared that the price was about to fall and it did end up happening sadly.
But its not the same this time. More big companies and well known people are supporting bitcoin and investing in it. Though we won't see the price rising forever, but we will see some sort of "stability". I mean the price won't drop back drastically.

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March 02, 2021, 08:16:50 AM
 #49

What supprises me is that google search trends for "bitcoin" bearly reached 50 % of what we had back in the end of 2017. This might show that there are still a lot of potential small investors out there who are already familiar with bitcoin.

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March 02, 2021, 08:40:18 AM
 #50

Many millions of people are not into crypto yet but that is changing very fast now, it's why I doubt that we will ever have a chance to buy bitcoin at 10k per BTC again, it's better to play safe too because anything can happen, we don't know how long this bullrun will be around for this time but yes it's a great success that crypto is well adopted this time around, can't wait for bear market so I can buy some promising coins for cheaper price

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March 02, 2021, 09:23:53 AM
 #51

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 agree with some new investor comes on market.for that reason every alt and top coin price in cress day by day i think its a positive signal for all the investor.so i can tell Better than before .

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March 02, 2021, 10:07:32 AM
 #52

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 agree, in the middle of the corona pandemic we saw a lot of rich people and companies start buying bitcoins. If the whole economy was really as bad as some people say than there is no chance so many companies would have invested into bitcoins. Having a lot of cash at hand creates opportunities these days because the interest rates are still so low. The traditional banking system is not really working anymore. That is another reason why I think that bitcoin is going to remain strong for the future.
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March 02, 2021, 10:53:35 AM
 #53

What supprises me is that google search trends for "bitcoin" bearly reached 50 % of what we had back in the end of 2017. This might show that there are still a lot of potential small investors out there who are already familiar with bitcoin.

well, of course increasing. even on my social media, most people talk about this change. Honestly, I think a lot of people feel that the changes regarding crypto are stronger now than they were in 2017. I can only say that the support and encouragement this year towards crypto was done by great people. whereas in 2017, there were still quite a number of pros and cons regarding the increase. hope this development continues to increase.
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March 02, 2021, 11:02:06 AM
 #54

This was one of the lamest bull runs so far. Not fun and all the youtube and the people involved are just shills, practising marketing instead of having fun and enjoying profits. All chatrooms and forums are full of shills and bots and all the fun the previous bull run had is gone. Nobody even gives good memes anymore, it is just the same recycled. I see excitement and profits, but I don't see the spark this time. I don't say it is different, I just don't have fun anymore. There are thousands of reasons that make me stressed and very few relaxing moments.
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March 02, 2021, 11:23:44 AM
 #55

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
People are expecting too much from the market, they want the market right away to make them instant profit, we are still going on the third month of the year and the last halving anniversary is still three months to go, we should show patience, the market still looks great, don't be too greedy to make a profit.

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Golftech
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March 02, 2021, 01:55:18 PM
 #56

What supprises me is that google search trends for "bitcoin" bearly reached 50 % of what we had back in the end of 2017. This might show that there are still a lot of potential small investors out there who are already familiar with bitcoin.


From that information it only means that there more people that are still unaware with what's going on with BTC,

that particular graph interest rate still at low,  it's never too late for those who are really

aiming to succeed, let those early birds to enjoy and take your time to learn from how they've

made it, DYOR and keep yourself positively there are open opportunities to grab when you already

understand the concepts of this venue of investment.
SUPERSAIAN
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March 02, 2021, 01:57:59 PM
 #57

btc has shown a steady rise since it started.When we look at the time we are in now, it has been adopted by many people and at the same time realizes the importance of btc in investment companies.This momentum could accelerate further towards the summer. If we look at the technical graphics and social volume, it seems that..

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March 02, 2021, 03:23:41 PM
 #58

the bull run has just begun, the decline in value is due only to normal market downturns, certainly the adoption of crypto by mastercard, banks, paypal will bring excellent visibility and advertising to the crypto world but in my opinion it will also lead to rapid regulation and then taxation
I can't say "it just begun" because we have reached from 10k to nearly 60k and that is a lot of increase, so even if we increase more, even if we reach to 200k or 300k or even more, this is not "just starting" because we have reached to a certain super increase already so we could say that we are in a "midway" to a bull run if it goes up more, and if it doesn't that means we are at the end but there is absolutely no way we could call it just the start.

So, basically we are in a situation where we could say that we are doing fine but not doing that much and that is not the start that is midway and I believe we are going to increase even more but that will take a bit of a time before we can actually reach to final form but we are not at the start neither. Everyone definitely entitled to their own opinion but that is not really something factual to say that we are at the start.

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March 02, 2021, 08:57:55 PM
 #59

Everything moves in a spiral of growth and decline. It has always been and will be so. Moreover, everything is very interestingly arranged in such a way that each cycle of the crypto market prepares a platform for the next one. Changes in prices, their growth to new highs, attract new investors, new projects, even more developed startups that will push the crypto industry forward. Therefore, there is no need to panic when a correction occurs, it is simply necessary for the next step. At first glance, everything just buy-sell, but in fact you need to understand how the cryptocurrency market works.
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March 03, 2021, 01:10:53 AM
 #60

Do not worry now there is a temporary respite in the market and the growth of bitcoin is likely to continue. I also look forward to the present altcoin season for several months, what we saw in January was only preparation for growth.
actually this year should be the year altcoins grow, but it was disturbed by the movement of bitcoin last year which rapidly increased, even the effect was still there at the beginning of this year.

it is true that you say that currently there is a temporary leeway in the market by looking at bitcoin as it seems to be comfortable for the current price, so that it will make it easier for altcoins to move and reach ATH, even though some have reached but most of them are still waiting for the time. we hope this year bitcoin and altcoin are at their peak and there is still a long way to go.
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