Bitcoin 4-year cycle is it real? Probable end year rally for Bitcoin - page 3.

BitHodler

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Quote from: lionheart78 on March 27, 2019, 04:52:44 AM

I do believe it is not healthy for Bitcoin market though since I favor on a natural price growth than the hyped one.

Same here, but the fomo and hype cycles are what make people actually pay attention to crypto. If it wasn't the mad gains making people enter this market, what else would? I entered because of a bull run too.

Only a very people buy into Bitcoin because they like the underlying tech, while over 90% of the people solely buy Bitcoin for speculative purposes. This is the reality of today where gains is almost all that matters.

At the end of the day, if Bitcoin keeps growing, and I definitely think it will, the increasing liquidity within this market will make it more difficult for fomo and hype to affect its value unless the market as a whole goes nuts.

BitcoinPanther

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Quote from: Tytanowy Janusz on March 27, 2019, 06:08:15 AM

To the bitcoin cycles. Bitcoin is very young and immature. Its hard to predict what would happened on 60 bil market asset looking at its behaviour 4 years ago at 3 bil marketcap. Its totally different type of asset and will act totally different.

I guess, we need to wait for another 12 to 16 years if the 4 year cycle of Bitcoin is really a pattern. But as what OP stated, the previous history is not an indicator of what happen next, we can just wait and see if this cycle will appear again this 2019, and I guess this is the reference of these positive predictions about Bitcoin price that currently plague the social media.

Tytanowy Janusz

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Quote from: dothebeats on March 27, 2019, 05:39:00 AM

Quote from: magneto on March 27, 2019, 04:37:35 AM

I think that it's safe to say halving has and will have a significant impact in the emergence of bull markets, because of the fact that the relative scarcity of newly mined coins all of a sudden increase and markets react to that, as well as the psychological aspect of people's expectations based on previous halvings pushing demand up.

I beg to differ. People have been expecting the past halving events to bring something good to the crypto table but in reality, it just cuts down the reward for miners and the relative scarcity is just increased. It is expected to bring price rises but in reality, there really is no guarantee accompanied with the reward halving. Traders might also expect some positive trading signal but then again halving events =/ price increases. As for the 4-year cycle, I don't know. We only have had two of the said 'cycle' so it's hard to call it with utmost certainty.

Agreed. Its just decrease of inflation by few %. Thats it.

Technically it could pump price like few %. But fomo guys will pump it 100% i their wont be dumped by whale.

To the bitcoin cycles. Bitcoin is very young and immature. Its hard to predict what would happened on 60 bil market asset looking at its behaviour 4 years ago at 3 bil marketcap. Its totally different type of asset and will act totally different.

dothebeats

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Cashback 15%

Quote from: magneto on March 27, 2019, 04:37:35 AM

I think that it's safe to say halving has and will have a significant impact in the emergence of bull markets, because of the fact that the relative scarcity of newly mined coins all of a sudden increase and markets react to that, as well as the psychological aspect of people's expectations based on previous halvings pushing demand up.

I beg to differ. People have been expecting the past halving events to bring something good to the crypto table but in reality, it just cuts down the reward for miners and the relative scarcity is just increased. It is expected to bring price rises but in reality, there really is no guarantee accompanied with the reward halving. Traders might also expect some positive trading signal but then again halving events =/ price increases. As for the 4-year cycle, I don't know. We only have had two of the said 'cycle' so it's hard to call it with utmost certainty.

lionheart78

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Quote from: magneto on March 27, 2019, 04:37:35 AM

It's apparent that this time round with the 2020 halving, a bull rally of sorts will most likely occur beforehand. Whether it'll start this year as people price in the event, or how much the markets actually go up as a result of this, we have no idea of knowing for certain,

Definitely agree with you, halving always have a positive effect on Bitcoin price ever since, as what you said, it made Bitcoin mining more scarce. And scarcity somehow affect the price of any items.

Quote from: magneto on March 27, 2019, 04:37:35 AM

and people who give specific figures to these predictions usually have absolutely zero backing.

Well I believe this is just a psychological strategy, making people believe that in some point of time Bitcoin will reach this amount of price, which can trigger FOMO that will eventually push the price higher. I do believe it is not healthy for Bitcoin market though since I favor on a natural price growth than the hyped one.

magneto

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Quote from: lionheart78 on March 27, 2019, 04:20:11 AM

I am browsing youtube to watch Bitcoin review and I found this video feed from Altcoin Daily, Titled : 270 Days Of Nothing...Then BOOM! Historically Speaking, Bitcoin Should Rally At The End Of The Year! where he talk about Bitcoin 4 year cycle by Bob Loukas. This caught my interest since there is a pattern on the price of Bitcoin.

On this video we can see, there is a 3 years uptrend and a year of correction, and recently it was an uptrend from 2015 to 2017, then a downtrend on 2018 that completes the 4 year cycle. Though we all agree that previous performance is not a definitive indicator of what will happen on the future but is it possible that this 2019 is the start of the new 4 year cycle? What do you think?

Additional information:

Bob Loukas' Bitcoin 4 year cycle video

Me and others have been speaking about this cycle since the start of the bear market. It's not like it's just been discovered or something.

I think that it's safe to say halving has and will have a significant impact in the emergence of bull markets, because of the fact that the relative scarcity of newly mined coins all of a sudden increase and markets react to that, as well as the psychological aspect of people's expectations based on previous halvings pushing demand up.

It's apparent that this time round with the 2020 halving, a bull rally of sorts will most likely occur beforehand. Whether it'll start this year as people price in the event, or how much the markets actually go up as a result of this, we have no idea of knowing for certain, and people who give specific figures to these predictions usually have absolutely zero backing. But I do think that currently, we have already bottomed out, and it's very unlikely that markets will regress further down under $3k.

lionheart78

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I am browsing youtube to watch Bitcoin review and I found this video feed from Altcoin Daily, Titled : 270 Days Of Nothing...Then BOOM! Historically Speaking, Bitcoin Should Rally At The End Of The Year! where he talk about Bitcoin 4 year cycle by Bob Loukas. This caught my interest since there is a pattern on the price of Bitcoin.

On this video we can see, there is a 3 years uptrend and a year of correction, and recently it was an uptrend from 2015 to 2017, then a downtrend on 2018 that completes the 4 year cycle. Though we all agree that previous performance is not a definitive indicator of what will happen on the future but is it possible that this 2019 is the start of the new 4 year cycle? What do you think?

Additional information:

Bob Loukas' Bitcoin 4 year cycle video

Topic: Bitcoin 4-year cycle is it real? Probable end year rally for Bitcoin - page 3. (Read 628 times)