Pages:
Author

Topic: [2019-02-19]Bitcoin Price Hits $4,000: Is this the Start of a Bull Run? - page 2. (Read 294 times)

legendary
Activity: 3080
Merit: 1353
And again up to this point, the $4,000 barrier seems hard to overcome. So I would agree that this is not a bullrun, but maybe the herd is just around the corner, but seems they're off and can't coordinate a perfect run.  Grin

BTC / USD USD 3940.08 - https://www.bitstamp.net/

I still have mix feelings about this one, if the price didn't hold I'm expecting the speculators to sell and book their profits right away and leave everyone gasping for air.... again.
legendary
Activity: 3038
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
The short-term rebound on February 19, saw Bitcoin surge to the $4,000 price level, leaving several cryptocurrency investors hooked and some analysts keeping their attitude inert. Bitcoin could “melt our faces off” in the long run with an amazing rebound.

I do not think we should be very optimistic, it's been a few days that the price is struggling to surpass the $ 4000. yesterday the price tried to exceed $ 4000 and and failed to stay above $ 4000



if bitcoin do not surpass the barrier of the  $4000, then we will see a dump

I don't think that this is the start of the bull run.

I agree, we have to forget this word: " bull run. " because we will not see so early
hero member
Activity: 2996
Merit: 609
I don't think it's a bull run. Be real. It's a bull run when it recovers to the point from where it fell in the recent months. Some people are reacting to this with too much enthusiasm and there's not much to be enthusiastic about. You lended 100 dollars to someone and he stole it. Later he came back and brought you back $50 and you're so happy about it. You thought you lost 100 and it's only 50 now. What a great day!
You cant blame people if they do reacted on that way atleast it do ease the stress on waiting up for this price increase.It might not be enough to cover up the losses but somehow it do
lessens.We cant really say it a bull run yet it do only rise up for few percentage and look at we now, we are stabilizing again on 3900 point and becomes stagnant once again.We wont know
on how long we would stay up once again on this price, either it would break 4500 or would go back on -3500.
member
Activity: 980
Merit: 62
I don't think that this is the start of the bull run. Some good and positive news for the blockchain industry has been released lately and they have impacted the price of Bitcoin upwards. I see that the starter point of a bull run may be at 5-6k. And also I do not expect a raise more that 10k in the price of bitcoin by the end of 2019.
hero member
Activity: 826
Merit: 500
Join @Bountycloud for the best bounties!
Bull run is when price is increasing for several months in a row. A few days of positive action mean nothing. Well, every bull run needs so start somewhere but I think it's still to early. Charts and upcoming halving in 2020 are showing there won't be a bull run till July and the price will fall back to 3500ish before summer for sure. I'd say that we can't talk about bull run until we are back to $8000 at least which will happen after summer 2019, maybe as late as early 2020.
hero member
Activity: 2212
Merit: 786
EOS - 20% surge
Which just goes to show the market is still completely irrational. EOS is a complete scam, and yet it has seen one of the largest gains out of the top 10 coins. A shame that even after this bear market, newbies aren't sticking to coins that actually work (read: bitcoin), but still throwing their money away on useless trash.


and with the recent development of the highly-speculated Samsung Galaxy X10 (that contains a crypto-wallet that supports both Bitcoin and Ethereum), prices may potentially regain its value slowly in the following weeks to come.
I would be surprised if the release of a phone had any noticeable effect on the market at all, let alone allowing it to "regain its value", however you define that.

I apologize, it seems that I construe the news as a factor for Bitcoin in becoming a platform for everyone to use. The reality is the phone is on the strong side here, by implementing a feature that supports Bitcoin and ETH wallets, they can increase their sales. Another thing, I did not consider that bitcoin has a constant price which contradicts my assumption about 'regaining its value' since its volatile in the market.

I don't think it's a bull run. Be real. It's a bull run when it recovers to the point from where it fell in the recent months. Some people are reacting to this with too much enthusiasm and there's not much to be enthusiastic about. You lended 100 dollars to someone and he stole it. Later he came back and brought you back $50 and you're so happy about it. You thought you lost 100 and it's only 50 now. What a great day!

Any positive signs of increase is good news compared to news that says a decrease on its price. Although the 'bull run' may be relative, some individuals purchased bitcoins when the initial price was lower compared to the price of today- that's why they see it as a bull run. But you're definitely right, it really depends on the time you acquired your coins. 
hero member
Activity: 2170
Merit: 528
I don't think it's a bull run. Be real. It's a bull run when it recovers to the point from where it fell in the recent months. Some people are reacting to this with too much enthusiasm and there's not much to be enthusiastic about. You lended 100 dollars to someone and he stole it. Later he came back and brought you back $50 and you're so happy about it. You thought you lost 100 and it's only 50 now. What a great day!
legendary
Activity: 2268
Merit: 18588
EOS - 20% surge
Which just goes to show the market is still completely irrational. EOS is a complete scam, and yet it has seen one of the largest gains out of the top 10 coins. A shame that even after this bear market, newbies aren't sticking to coins that actually work (read: bitcoin), but still throwing their money away on useless trash.


and with the recent development of the highly-speculated Samsung Galaxy X10 (that contains a crypto-wallet that supports both Bitcoin and Ethereum), prices may potentially regain its value slowly in the following weeks to come.
I would be surprised if the release of a phone had any noticeable effect on the market at all, let alone allowing it to "regain its value", however you define that.
hero member
Activity: 2212
Merit: 786
Just to add, here are other cryptocurrencies that increased their prices recently:

1. Ethereum - 10% increase
2. XRP - 8% increase
3. EOS - 20% surge

The market has been positive lately and with the recent development of the highly-speculated Samsung Galaxy X10 (that contains a crypto-wallet that supports both Bitcoin and Ethereum), prices may potentially regain its value slowly in the following weeks to come.

Su Zhu, the CEO of Three Arrows Capital, posted on Twitter that there is an estimated amount of 6$ billion sitting at cryptofunds, stablecoins, and exchange/silvergate/signatures. This may additionally cascade into pushing the price of BTC to beyond $4,000 in the following weeks to come.

sr. member
Activity: 966
Merit: 264
The short-term rebound on February 19, saw Bitcoin surge to the $4,000 price level, leaving several cryptocurrency investors hooked and some analysts keeping their attitude inert. Bitcoin could “melt our faces off” in the long run with an amazing rebound.

While the last cycle gave back around 16x, as Bitcoin swung from $1,200 to $20,000, the next trend could likely bring much higher returns. According to Survivalism, a financial revolution prepper, a pump to around $750,000 seems to be irrational.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/start-bull-run/

Pages:
Jump to: