Bullrun Incoming - Positive Points | Bitcointalksearch.org

Zigabel

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Quote from: aoluain on July 18, 2024, 05:22:46 AM

Guys I just put a few points together to highlight the positive points which are happening and are
imminent which indicates an incoming bullrun

Germany out of Bitcoin - no more fear factor from this selloff

MtGox payouts happening - possible short term pain but there could be a lot of HODL'ing

FTX Creditors soon getting $16Billion in Cash to but Bitcoin

Available Bitcoin on exchanges falling

Trump speaking at BTC conference next week

Vice President to Trump is a Bitcoiner

ETF's have bought 33,000 BTC in the last week

only 450 new BTC mined per day

All of this put together should be absolute pointer the fact that we should be really expecting a bullrun ahead but they aren't a financial advise and making this a basis for investment isn't advised because in as much as all these are supposed to influence the bull run, they may not get to our exact expectations and so we cannot make it such that we are going to making investments based on or even to increase our portfolios. the issue of trump is such that i wouldn't find reliable because its politically influenced and that could mean that it may change at times you didn't expect so if you are making your investments on any of this basis then you should be sure you aren't doin so much than you can handle incase of any situation that may come up in the future.

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By the time that when we're approaching the halving, there's already the sign and we've seen how it broke a new ATH before it even happened. And this is not a coincidence that Bitcoin moved to $67k back just now. And all of those points that OP has mentioned seem to be scary if you're looking at it because most of them have been dumped. But that's the essence of this market, you have to expect what you're not expecting and everyone who has a weak hand probably sold and will have hard time to buy at the dip again.

Asiska02

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Quote from: aoluain on July 18, 2024, 05:22:46 AM

Guys I just put a few points together to highlight the positive points which are happening and are
imminent which indicates an incoming bullrun

The bull run has been anticipated for long and with the highlight last you’ve provided about bitcoin today, it has now become more imminent that the bitcoin bull run will soon be upon us. One thing that keeps travelling in my mind is what the new all price high of bitcoin will be after all this bull run have come and gone. Where people even able to predicts how far it’ll come and they got it right after the bull run has taken place? This same question may be in the minds of many investors that have invested a lot in bitcoin and seek to see how their profits will grow just after the bull run. Where a lot is been putting into, much is expected and that’s the case of those that have invested big time in bitcoin.

Quote from: TheUltraElite on July 19, 2024, 10:11:07 AM

Trump has his own agenda regarding bitcoin, dont expect it to be something good for the American citizens, its either going to taxation or some shitcoins shoved into your pockets or something worse. In the meantime before the election happens, bullrun can happen.

Out of all the highlights, the one that had to do with a politician showing a lot of interest in a coin makes me see it as a shady move to just get their way into the seat they’re contesting for. It is this same Trump that didn’t believe in this technology long ago, why the sudden change when the election time is approaching and they’re all eager to win the elections? I’m not expecting anything big from the government stance on bitcoin.

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I would say that these are all good, but at the same time we need to remember that "news" could increase it to a point, it can't keep increase it all the time, we need to make sure that it's the right timing too.

Let me put it this way, I have seen a lot of people have a lot of results with a lot of trouble, and in most cases we were dealing with stuff that weren't all that crazy, we shouldn't really deal with any of that. I know that it is going to take some time to fix all of this, but can't be dealing with anything more than that. A lot of people think that just because of the news is good, that means price must go up, and yes it's true that sometimes that happens, but sometimes that doesn't happen at all.

We need to make sure that it can be quite strong and can make some returns as well. In the end, just forget about what we can do, and while I do believe that we are going to be fine, I still think that we need to do fine on the long run to keep it going. Lets just see long term, not news based, I believe bitcoin will go up, and I believe that it is a good thing, we just need to make sure that we are holding it as much as we can, without having any belief that news will be the reason for our profit.

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Quote from: TheUltraElite on July 19, 2024, 10:11:07 AM

Trump has his own agenda regarding bitcoin, dont expect it to be something good for the American citizens, its either going to taxation or some shitcoins shoved into your pockets or something worse. In the meantime before the election happens, bullrun can happen.

A large number of positives indeed but a hack has happened on an Indian exchange WazirX and those coins are going to get dumped on the ETH and other chains. There might be some bad news from that.

Also MtGox and its aftermath is still multidirectional.

I'm also interested in seeing how this goes. Wasn't Trump against cryptocurrencies and called them a scam when he was president? From how I see things and judging by what I'm reading, he has decided to pivot and change his approach in an effort to counter China's approach. To be honest, this sounds reasonable, as China has a huge economy and was considered the USA's threat. To be honest, I'm seeing Trump grow a larger audience with his recent approach to the upcoming election in November 2024.

I've never fiddled with the USA's politics, but Biden seems unfit for this role; his health issues aren't helping either. I'm not saying that Trump is ideal, but from my understanding, he had better relations with the outer world, including China and Russia.

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So anyway, I applied as a merit source :)

Trump has his own agenda regarding bitcoin, dont expect it to be something good for the American citizens, its either going to taxation or some shitcoins shoved into your pockets or something worse. In the meantime before the election happens, bullrun can happen.

A large number of positives indeed but a hack has happened on an Indian exchange WazirX and those coins are going to get dumped on the ETH and other chains. There might be some bad news from that.

Also MtGox and its aftermath is still multidirectional.

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Quote from: aoluain on July 19, 2024, 03:35:20 AM

Quote from: ajiz138 on July 18, 2024, 01:48:53 PM

Germany has been out of fear for only a few weeks after all off the market is back in the green.
I think the payment acceptance from Mt.gox will be more HODL because they have known bitcoin longer so they know the potential for HODLing.

What concerns me now is Trump and with his representatives who have a lot of bitcoin, this is a positive point where they with their conference will discuss bitcoin and more pros.

The political atmosphere of the United States will trigger many things, IMO this will lead to positives about price movements and it could be that in 2025 it will be bullish that we expect, so we will see more positive points from now on.

This is one of the talking points around Trumps recent statement about "crypto",
whether he will honor his current stance when he gets into office. And if thats the
case well then it will indeed be an interesting atmosphere indeed.

Trump's recent statement really stirred up bitcoin, he said he would end the war with Joe Biden ... on crypto in the future. - https://x.com/BTC_Archive/status/1813689094536618472
This means that he will continue to encourage the sustainability of bitcoin because this is a statement that many bitcoin and crypto lovers expect, Trump is serious about telling the truth.
He has a lot of support, of course we hope he can win the election later.

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Quote from: legendbtc on July 19, 2024, 06:39:25 AM

Quote from: aylabadia05 on July 19, 2024, 05:12:56 AM

Why don't we combine the two? Charts show us bitcoin's trend more clearly, but sometimes news will cause bitcoin's trend to change suddenly. If relying only on indicators and charts, we can accurately predict the movement of bitcoin, why has no one yet accurately predicted what bitcoin will be like tomorrow? Meanwhile, news is sometimes just an excuse for whales to manipulate the market more easily. So, in my opinion, we should combine both and also not trust completely what the chart shows us or what the news says.

What do you mean by combining the two?
We are not Bitcoin traders but rather people who choose Bitcoin as a long-term asset so that the chart is more reliable than the news.
Big players or often known as whales or other names may use news for their strategy in manipulating market prices. If we are not traders but people who consider Bitcoin as a long-term investment asset, then their strategy benefits us.

legendbtc

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Quote from: aylabadia05 on July 19, 2024, 05:12:56 AM

Quote from: STT on July 18, 2024, 07:59:51 PM

Dont care about the news, care about the charts because its far more reliable a take. Some people knew about the Ukraine war months before it happened and there was warnings given, but it didnt move too much till it actually happened. For any news we think we know just happened, some already had that figured a long time ago so nothing it reliable too much as an effect imo.

News is not reliable but charts are more reliable. From the journey of each period, it can be justified.
There have been many examples of news from events that have happened in the world starting from the Ukraine war which made the market fall but not long because the price rose again.
I agree with almost all of this because how strong the issue is circulating that makes the market effect will return to normal.

Why don't we combine the two? Charts show us bitcoin's trend more clearly, but sometimes news will cause bitcoin's trend to change suddenly. If relying only on indicators and charts, we can accurately predict the movement of bitcoin, why has no one yet accurately predicted what bitcoin will be like tomorrow? Meanwhile, news is sometimes just an excuse for whales to manipulate the market more easily. So, in my opinion, we should combine both and also not trust completely what the chart shows us or what the news says.

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Quote from: aylabadia05 on July 19, 2024, 05:12:56 AM

News is not reliable but charts are more reliable. From the journey of each period, it can be justified.
There have been many examples of news from events that have happened in the world starting from the Ukraine war which made the market fall but not long because the price rose again.
I agree with almost all of this because how strong the issue is circulating that makes the market effect will return to normal.

Sometimes this event can also trigger panic in the minds of some crypto investors who generally always hold large amounts of Bitcoin. So the effects that occur in the market can also be seen clearly when there is a major event that occurs in this world and the media always reveals this as a fact which can also surprise many other people out there. However, on the one hand, I also quite agree with what you say because sometimes we cannot rely on the media completely, but the price charts in the market can be an example as a temporary benchmark for everyone in terms of seeing an effect that will occur.

aylabadia05

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Quote from: STT on July 18, 2024, 07:59:51 PM

Dont care about the news, care about the charts because its far more reliable a take. Some people knew about the Ukraine war months before it happened and there was warnings given, but it didnt move too much till it actually happened. For any news we think we know just happened, some already had that figured a long time ago so nothing it reliable too much as an effect imo.

News is not reliable but charts are more reliable. From the journey of each period, it can be justified.
There have been many examples of news from events that have happened in the world starting from the Ukraine war which made the market fall but not long because the price rose again.
I agree with almost all of this because how strong the issue is circulating that makes the market effect will return to normal.

aoluain

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Quote from: TravelMug on July 18, 2024, 05:49:11 AM

So exciting times ahead, although there could still be the ghost of Mt. Gox haunting us, but it can be offset with such positive news and for sure smart investors knows what coming later and in the next year.

The MtGox ghost will get busted sooner or later - short term. Medium or long term
dont matter, its what happens in the short term.

Quote from: ajiz138 on July 18, 2024, 01:48:53 PM

Germany has been out of fear for only a few weeks after all off the market is back in the green.
I think the payment acceptance from Mt.gox will be more HODL because they have known bitcoin longer so they know the potential for HODLing.

What concerns me now is Trump and with his representatives who have a lot of bitcoin, this is a positive point where they with their conference will discuss bitcoin and more pros.

The political atmosphere of the United States will trigger many things, IMO this will lead to positives about price movements and it could be that in 2025 it will be bullish that we expect, so we will see more positive points from now on.

This is one of the talking points around Trumps recent statement about "crypto",
whether he will honor his current stance when he gets into office. And if thats the
case well then it will indeed be an interesting atmosphere indeed.

Quote from: Stalker22 on July 18, 2024, 05:58:51 PM

Trump at a BTC conference next week? Given his tendency to stir things up, this could seriously move the markets. Remember when Elon Musk sent Bitcoin on that crazy rally a while back with just a few tweets? Well, Trump might actually have an even bigger impact if he says the right things.

I think next week is gonna be pretty darn interesting! his is gonna be a wild ride!

Yup if Musk was able to cause such a response in the markets with very little effort
the markets could react again with what Trump says - for sure.

STT

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Dont care about the news, care about the charts because its far more reliable a take. Some people knew about the Ukraine war months before it happened and there was warnings given, but it didnt move too much till it actually happened. For any news we think we know just happened, some already had that figured a long time ago so nothing it reliable too much as an effect imo.

I'm not saying to ignore all news its a background for sure but I think the repeated effects of an event are more significant and more reliable as a trend to add. I can be positive on Bitcoin if there is a regular effect, an alternation to administration might be a big deal for example but I wasnt counting the current Biden oversight as negative to prospects particularly.

Stalker22

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Trump at a BTC conference next week? Given his tendency to stir things up, this could seriously move the markets. Remember when Elon Musk sent Bitcoin on that crazy rally a while back with just a few tweets? Well, Trump might actually have an even bigger impact if he says the right things.

I think next week is gonna be pretty darn interesting! his is gonna be a wild ride!

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So far the market remains stable, without significant impact from My. Gox redistribution news. Some news are spreading misinformation at this moment, claiming Mt. Gox already paid 65% of the customers, what is a big lie, considering the money is still held by exchanges without reaching customers' hands.

Therefore, we still have to wait more 1 or 2 weeks to finally discover if this event is really going to affect the market so negatively like German governmemt did previously.

Anyway, the fact there is high demand for Bitcoin ETFs right now is an evidency of how bullish investors are despite some bearish news going on.

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Quote from: aoluain on July 18, 2024, 05:22:46 AM

Germany out of Bitcoin - no more fear factor from this selloff

MtGox payouts happening - possible short term pain but there could be a lot of HODL'ing

FTX Creditors soon getting $16Billion in Cash to but Bitcoin

Available Bitcoin on exchanges falling

Trump speaking at BTC conference next week

Vice President to Trump is a Bitcoiner

ETF's have bought 33,000 BTC in the last week

only 450 new BTC mined per day

Many of your points are not necessary for this current situation because they will not hold water in the crypto space, but of course, the majority of the points are good and are worth considering as factors. Nevertheless, most of the acceptable ones can't be the major driver to push Bitcoin higher than the current price of about $65,000, it's fresh inflows that that is capable of that. We need huge new projects, big guys and institutions injecting money massively in Bitcoin, not some sort of hope and event speculations like many always link to it. Such had never moved the coin past the March's ATH. This is concerning! The question now is who is ready to bring in this money? They are still few.

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Yea, I am bullish too about Bitcoin. Although I don't believe that the market will become bullish suddenly or sooner, the bull market will definitely kick off towards the end of this year or probably towards the end of next year, which is how it has always happened in the previous bull season. The price of Bitcoin gets to a peak the year after halving, and we experienced the halving this year; hopefully the price peak will happen next year. All these points are factors that can either contribute to a price surge or a dump. I was reading a comment concerning how Trump doesn't like Bitcoin due to the negative comments he made about it in the past, so we hope that he really means well for Bitcoin.

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Quote from: aoluain on July 18, 2024, 05:22:46 AM

Guys I just put a few points together to highlight the positive points which are happening and are

Trump speaking at BTC conference next week

Vice President to Trump is a Bitcoiner

I did not know the vice president was a Bitcoiner but knew Trump has become one recently although he was not always like this but people change. It all makes sense now as both Donald trump and his vice are pro Bitcoin and if they were to win, we might see Bitcoin have a friendly environment in America and this might make other countries to reconsider their stand and start thinking in a positive way towards Bitcoin. Bitcoin should rise after Donald Trump speech at Bitcoin conferences next week, he should be arranging his speech to sound very interesting to the listener as he is going to do everything humanly possible to win to regain his seat. But regardless of what happens in the US election, I still think nobody can stop the bull market from happening because everything has been put in place already and the market is just waiting for the right moment to kick off.

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Quote from: aoluain on July 18, 2024, 05:22:46 AM

Guys I just put a few points together to highlight the positive points which are happening and are
imminent which indicates an incoming bullrun

Germany out of Bitcoin - no more fear factor from this selloff

MtGox payouts happening - possible short term pain but there could be a lot of HODL'ing

FTX Creditors soon getting $16Billion in Cash to but Bitcoin

Available Bitcoin on exchanges falling

Trump speaking at BTC conference next week

Vice President to Trump is a Bitcoiner

ETF's have bought 33,000 BTC in the last week

only 450 new BTC mined per day

We may have to sum up all these as part of the reasons why we may have the bullrun coming more earlier than expected just as we had earlier this year after the approval of bitcoin ETF, this is a post halving experience on the bitcoin network and we can begin to experience same now as all these mentioned events and economic activities could be the same reasons in making the bullrun come more faster in this period to mark the all time high of $73,000 and still go above $80,000 as a new all time high approaches with bitcoin before the end of the year.

ajiz138

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Germany has been out of fear for only a few weeks after all off the market is back in the green.
I think the payment acceptance from Mt.gox will be more HODL because they have known bitcoin longer so they know the potential for HODLing.

What concerns me now is Trump and with his representatives who have a lot of bitcoin, this is a positive point where they with their conference will discuss bitcoin and more pros.

The political atmosphere of the United States will trigger many things, IMO this will lead to positives about price movements and it could be that in 2025 it will be bullish that we expect, so we will see more positive points from now on.

Topic: Bullrun Incoming - Positive Points (Read 231 times)