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Topic: Bitcoin Bull Run ‘Hasn’t Started’ - page 5. (Read 6132 times)

jr. member
Activity: 378
Merit: 4
I agree on this.i dont think halving effect hasnt started yet, maybe around end of 2019.by the way it will be bloody for altcoins.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Peter Schiff is one of the weirdest libertarians I have ever seen.  Roll Eyes  He is a stock broker and he likes Gold, so it is not strange to see negative comments from Goldbugs like that, but Bitcoin should be every libertarians wet dream, but he is not convinced that it is fighting for libertarians goals.  Roll Eyes

I think some libertarians think precious metals is the hedge against economic collapse, but I think governments have control over global Gold reserves and even private ownership, if they want to do that.   Tongue
sr. member
Activity: 1036
Merit: 275
I'm a bit confused here, Bitcoin bullrun hasn't started !!!....  Is this person new to the crypto ecosystem ?? or he is just saying things to just get the attention of people in the bitcoin ecosystem?... The bull run of Bitcoin started for a while now and its kinda in a slow phrase currently.
legendary
Activity: 3472
Merit: 10611
haha, he is making the mistake that is very common among the newbies who come in bitcoin world and are blind when they look at charts Cheesy
the mistake is comparing this year with 2017!!! this year has nothing in common with 2017 which was the peak of the bubble and the final stage of the roller coaster pattern that bitcoin has. basically bitcoin always starts slow in its rises then slowly gains momentum until it becomes fastest and biggest to end it with a bubble and then the next phase starts with the bubble burst.

now we are in the start of that slow recovery/rise. in other words 2019 must be compared with 2015 not 2017. and newbies are too lazy and naive to look at the whole chart. they only look at the closest thing (ie 2017) and try to find similarities there...

as a result, the bull run HAS STARTED already. and we are in 7th month of it.
hero member
Activity: 1232
Merit: 738
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July 30, 2019, 06:51:09 PM
#9
Considering the market value of Bitcoin from January 2019 to July 2019, I believe the bull run of Bitcoin has started but it is kinda at a slow speed.
I second your opinion, bitcoin is already in bullish trend started in march/april
do not expect a straight upward chart line without any downs, that's impossible
we should expect this last up to a few months after halving day or even mid 2021
but we will see a few corrections along the way, that's normal even in a bullish market
hero member
Activity: 2856
Merit: 667
July 30, 2019, 06:32:13 PM
#8
We don't need to be rush as everything must be systematic and in must be at a perfect time. The market isn't prepared enough for another high, yet we are still struggling from being down since last week. The current price isn't enough to say that we are in the bull but then, our hopes are still there and keep believe it to happen if you have still guts to believe.
member
Activity: 150
Merit: 10
July 30, 2019, 06:26:19 PM
#7
Considering the market value of Bitcoin from January 2019 to July 2019, I believe the bull run of Bitcoin has started but it is kinda at a slow speed. Looking at the price changes from January to now, bitcoin market has experienced a drastic increased in market value..
member
Activity: 574
Merit: 14
July 30, 2019, 06:12:18 PM
#6
If we are to go buy google search, the popularity has dwindled. But more importantly, there are increasing number of merchants adopting bitcoin as a payment option. Also a lot of infrastructural development on-going that possibly will enable institutions to invest in bitcoin.Overall, adoption is growing
member
Activity: 490
Merit: 11
July 30, 2019, 06:08:54 PM
#5
Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise.

https://bitcoinist.com/bitcoin-bull-run-hasnt-started-says-analyst-after-new-peter-schiff-remarks/

       Never mind Peter and make our own analysis for this bull run which not fully thru  to the peak of $19500 since this is the highest price of bitcoin as of 2017 happened so this is not really the bull run for this year because it's stopped already and going down a little bit .
full member
Activity: 952
Merit: 104
July 30, 2019, 06:06:09 PM
#4
Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise.

https://bitcoinist.com/bitcoin-bull-run-hasnt-started-says-analyst-after-new-peter-schiff-remarks/


No need to worry about what Peter Schicff want to say about negative skeptic thinking, Sunsilk opionion is about what Peter suggestion for bitcoin is correct, we need to learn and analysts the situation to avoid negative impression for bitcoin.
hero member
Activity: 2982
Merit: 610
July 30, 2019, 06:05:58 PM
#3
People think differently, some says it started already, some says we are still in the bear market.
At the end of the day, we have to decide on our own and believe what we think is happening with the market.

Personally, I think the market is bullish but bull run hasn't started yet, why? because we are still stuck below $10,000 and price didn't continues its run.
sr. member
Activity: 1148
Merit: 300
July 30, 2019, 06:03:39 PM
#3
I think it is already started, maybe it is slightly down this time but we all can see that it it is the rising. I beleive that bull run will occur this 2019 maybe at the next few months from now, i also believe that we really need to have more patience and we need to control emotions this time.
hero member
Activity: 3038
Merit: 634
July 30, 2019, 05:44:49 PM
#2
What's new with Peter Schiff's commentary about bitcoin? he's a known skeptic and everything he say will always benefit him on what's the agenda he's up to.

Whether bitcoin price goes $20k rapidly, I think that he'll keep saying that's not convincing on him because he's a real skeptic. But if there's something that turn the tides and he's starting to praise it, I guess let's just expect that he has accumulated at this period.
newbie
Activity: 38
Merit: 0
July 30, 2019, 02:47:20 PM
#1
Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise.

https://bitcoinist.com/bitcoin-bull-run-hasnt-started-says-analyst-after-new-peter-schiff-remarks/
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