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Topic: Curiosity made me ask. - page 2. (Read 710 times)

hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
October 15, 2024, 06:31:02 PM
#42
You know in the crypto world it's always "when lambo " because we are ever bullish and if am not mistaken this catch phase came about when bitcoin prices were so volatile such that bitcoin would go up 10,000 +/- within a few days and make a few fellows cash happy 😁 but unfortunately today markets have stabilised and that volatility is missing probably because big institutions are in the drivers seat of the crypto market's.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
October 15, 2024, 06:17:32 PM
#41
Not everyone is in the same agreement, especially in investment, especially in this case everyone has their own views especially when talking about prospects and future plans so that in the end even though everyone wants the same thing where the increase in bitcoin continues but in the end we work and do things according to what we think is right.

So in this case the bull run will never fail because after all when the bull arrives then we will definitely feel that bright progress is in sight but in the end all forms that exist are all in pairs and in this scope also we not only always have bullish but also bearish so in the end everything has its own version of the safest way to keep the situation under control.
As for bitcoins they are still objects and will always be so talking about being disappointed or not is ultimately just a matter of perspective as there is always a situation where volatility and fluctuations are always in play to make things more interesting.
hero member
Activity: 3052
Merit: 606
October 15, 2024, 04:59:20 PM
#40
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
Most of the time, it never failed but only delayed. And bitcoin bull run only happens following a certain pattern, so if the market is not yet favorable enough to allow the pattern become possible, then there's no way we will witness a bull run. It's only newbies who are making early anticipations about bull run, even when the market itself is not yet ready for its occurrence.
sr. member
Activity: 476
Merit: 307
October 15, 2024, 02:28:54 PM
#39
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
The truth is that it took quite a long time for people to understand a lot of things about bitcoin, things like the effect of the halving, the four years market cycle and how the different market seasons work in respect of the market cycles. At the early stages of bitcoin, not many people knew when to anticipate bull run so it is usually something that take people by surprise and assuming many people understood the market cycle, some would have held their portfolio far longer than they did and not sell during the peaks of 2013, 2017 and 2021, unless they were selling to buy back in the following bear season. Now we know better and anyone still panicking over the price of bitcoin and doubting if it will ever rise, is definitely not paying attention. 
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 15, 2024, 02:07:07 PM
#38
Most people are looking for profits greater than 3x, so when they look at prices of $60,000, they are not very optimistic that the price will reach $180,000. In this case, they immediately think about selling as soon as the price reaches $69,000 and start praying that the price drops a lot so they can buy low and then they can wait until the price goes up a lot and make a profit of more than 3x. If the price was currently at $15,000, many people would be buying to hold and would not sell easily. But at the current price, the people who are buying are aware that the profit will not be more than 3x even if they hold for many, which is why they sell as soon as they see that the price has gone up a lot.
hero member
Activity: 3080
Merit: 603
October 15, 2024, 01:46:20 PM
#37
In 2021 people were hoping Bitcoin will cross $100K just like predicted by PlanB, but it was failed.
I was one of the believers that Bitcoin will hit $100k on that year since it was the bull at that time. But sadly, it has failed and now that hope of trusting Bitcoin to reach $100k for this cycle is still there on 2025.

Just a curious question, do you sell/convert most of your BTC at the peak of every cycle and buy again two years into another cycle?
I doubt that the majority does really this. It's hard to recover after selling Bitcoin. And if someone sells at the peak, it's more likely that money will be spent for something else. We're still in the time that many of us are uncertain with Bitcoin even if we're voicing it out that this is the future and the potential is endless. I am one of those that's having hard time to buy again whenever the bear comes but DCA as they say and that's just my guarantee to myself if ever most of the profits that I've made during the bull run didn't go in a cycle of being used as a capital to the next cycle.
STT
legendary
Activity: 4102
Merit: 1454
October 15, 2024, 01:16:33 PM
#36
People hang onto round numbers way too much.   You better believe 100k will be sold if we ever get there, its too widely watched.  However that selling is worth buying as round numbers also mean zero difference to any other number, its not fixed at all so I doubt 100k is a top.

We could fall short of 100k,   Also we could be at this sub 70k area for 6 months or more and its not impossible we end the cycle here but most probable to me is that the ATH we saw in 2024 is not the last high just yet.

Heres my general take and why I think selling in this area is still normal, fitting prior sells from the highs for this year.   I guess 2024 is revision and resolution of some sorts but not active movement like people always want:



Ignore the squiggles, just the volume at the bottom there is not nearly bullish enough imo.   I'm told by those with experience a valid rise can occur on low volume but also those guys are traders who'd be selling (leveraged options etc.) into that rise.   Most of this forum wants to buy into a rise and hopes for the 6 digits to spin much higher.   Maybe another souce has better looking volume.
sr. member
Activity: 532
Merit: 250
October 15, 2024, 12:26:27 PM
#35
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.

Unfaithful faithfuls, I like the use of the word because it explains more realistically what bitcoin holder still feel or think about bitcoin regardless of the situation of the market. I have not experienced any bull run before but on what I’ve heard about bitcoin and from those that were already into bitcoin in some previous burr run events, they do take place and their was never a miss of the bull run period in any of the past cycles. The skepticism I notice with a lot of bitcoin holders this season is the fact that they’ve never seen bitcoin attaining an all time high before an halving will take place, so the movement of the market that’s not accompanied with much volatility will make them feel otherwise and “what if” will be the thought in their mind always when they come to think of what’s happening in the market now. I believe the bull run will come and the market will just take it time before that will happen.
legendary
Activity: 2184
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
October 15, 2024, 11:56:09 AM
#34
Who is going to sell in 2025 and buy in 2027? I’ll give you a hint, he has 2 thumbs and is using them to type this post.
Just a curious question, do you sell/convert most of your BTC at the peak of every cycle and buy again two years into another cycle?
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
Bitcoin is a cyclical market, so the four year cycle always cumulates in a rapid bull run, quite a few things might change along the way, but i believe we can say that history always repeats itself in the bitcoin market. The only people affected by fear and lack of trust are those get rich quick buyers that are ready to dump anytime and buy only when there is an uptrend.
hero member
Activity: 1190
Merit: 803
October 15, 2024, 09:32:23 AM
#33
In 2021 people were hoping Bitcoin will cross $100K just like predicted by PlanB, but it was failed.

I think that's the only one speculation with sense that was failed, if we count with these baseless and ridiculous speculation that Bitcoin will cross $300K, $500K etc, there are a lot!

I think people now are trust with Bitcoin, but they only trust based on the super cycle trend.
hero member
Activity: 2758
Merit: 705
Dimon69
October 15, 2024, 08:57:49 AM
#32
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
The first I join the forum during 2016 there’s a lot of hype and expectation about the bullrun with just a pure speculation on the price without any hint about mass adoption or where will the big money will came from.

Chinese market makes the Bitcoin pump and dump a lot due to their on and off news that is related to crypto. There’s a lot of high expectation that didn’t meet in the past but later on the price pump after a long crypto winter.
legendary
Activity: 2128
Merit: 1775
October 15, 2024, 08:51:03 AM
#31
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
Maybe if in speculation the bull run question doesn't apply to those with high capital, the failure applies to those with minimal capital. We all hope that the bull run phenomenon can have a positive financial impact for us, However, the opportunity is there and it always fails due to capital not being able to support buying Bitcoin, which is the factor that makes some crypto users unsuccessful every time a bull run occurs.

People always speculate and think about changes like a bull run opportunity, with unsupportive circumstances and financial conditions that make them fail, not because of fear or other negative things, plans always have no support.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
October 14, 2024, 11:22:56 PM
#30
As I remember, in 2021 and 2022, after some major rallies, many were sure that Bitcoin would continue higher, but it reached resistance and took a break. These stops could be very frequent because of economic uncertainty, changed regulations, or market sentiment shifts. This year, however, gave Bitcoin some hard kicks; optimism was driven by ETF approvals, cuts in rates, and better-than-expected economic reports.

People's skepticism going on is not wholly without grounds. External factors in the form of macroeconomic policy and volatility in the market keep people cautious. Despite such mixed views emanating from these different analysts, they still seem so optimistic about the coming months since it is well known that the last quarter of the year has been a very strong month for Bitcoin. Still omnipresent, doubt is there, and the prospects of a bull run likely in 2024 are bright.
hero member
Activity: 1526
Merit: 555
October 14, 2024, 10:32:49 PM
#29
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...

No, I do not think that we have seen like the bull run was imminent and it didn't happen. The cycle is that every 4 years, we have a bull run, 2017, 2021 and then next year 2025 as expected.

  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.

Of course I will be be disappointed if there will be no bull run in 2025. But still though, Bitcoin has proven it's resiliency already, and with that, you have to think that the demand is going to be high in the future no matter what, 21 million supply, we have mined 19.77M BTC already. So you do the math, how much is left to be mine and then all Bitcoin enthusiast trying to have their hands on that precious Bitcoin, imagine what will be the price in the future.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 13, 2024, 08:32:38 AM
#28
If we look at the past years, the pattern is still there—it happens after halvings. Nothing has been missed. But this time, we can’t say it has failed either because 2024 isn’t over yet, and we know a lot can still happen in the coming days. However, I’m not too concerned about that anymore because we’re certain that an ATH (all-time high) or bull run is happening. We just don’t know exactly when, but it’s still within that range of years.

But how do we define failure? Because if we look at it, even if Bitcoin doesn’t hit $100k, reaching $73k last March is bullish enough to call it a win.
hero member
Activity: 3192
Merit: 939
October 13, 2024, 06:27:55 AM
#27
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
Maybe the first half of 2018 after the bull run, which happened in the end of 2017. Everyone was hyped up about the introduction of Bitcoin Futures trading and some people were expecting the price to go above 20K in 2018. The bear market surprisingly hit in 2018 and the BTC price went down to 4K later that year. This is the only period of time I can think of. Maybe some early BTC adopters could tell us more about the situation on the BTC market before 2015. I became interested in Bitcoin back in 2015, so I can't tell anything about the first 5 years in Bitcoin's history(2009-2014).
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
October 12, 2024, 08:41:54 PM
#26
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
First of all I don't know that bull run this year has failed or not in my opinion is not yet failed since it is not the ATH all people looking for hahah. This image represents the bitcoin chart and it called Bitcoin rainbow chart
most of the people here already know it.



and if you take a look the Bitcoin price we are basically at "Still Cheap" price and the cycle continues maybe we might hit 100K at the price. But what the different with current cycle is bitcoin create a new path at 70K before the halving I don't know it will make the different or not in the future
STT
legendary
Activity: 4102
Merit: 1454
October 12, 2024, 06:49:34 PM
#25
The easy answer is yes of course but the big point I would make is time line or time frame to movements.  People over estimate how BTC moves, a very rapid change in price is volatility and equates to instability as it can be destructive.    So when BTC rises alot I do expect it to level off and believe its a positive when we revise prices.

Almost always people expect it to just keep going up forward, we should have learnt by now it shoots up and will pull back to some extent.  2024 even if we stop at this price area here, 60k etc. that still counts as very positive.   

People always think they are smarter then the market, that part never changes in or out of crypto.   I think the reason is the market serves volume, it doesnt care about your view on the prices the market wants the maximum amount of people to trade the price everyday either speculation or actual usage.    I'm waiting for BTC to be in the majority used not speculated on quite so much, like every other commodity you can think of if BTC is used more then it will be more valuable hence Im bullish on that appreciation in value via usage.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
October 12, 2024, 05:48:15 PM
#24
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
The four year cycle has never let us down. Not even once. You could get wildly rich making one trade every 2 years, but for whatever reason people still pretend that isn’t a true statement. If you bought in 2011, sold in 2013, bought in 2015, sold in 2017, bought in 2019, sold in 2021, bought in 2023 and sell in 2025, you’d be insanely rich.

Who is going to sell in 2025 and buy in 2027? I’ll give you a hint, he has 2 thumbs and is using them to type this post.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
October 12, 2024, 05:46:29 PM
#23
Was there ever a time in the past that everyone was eagerly anticipating a bull run and it failed. Like bullrun skipped that season.
  • If yes, ...
  • If no, why the skepticism, fear and lack of trust on bitcoin. If I were bitcoin, I would be disappointed at my unfaithful faithfuls.
I do not know about your first question but ever since I have been making my research on Bitcoin, I have not encountered any articles that says Bitcoin has ever disappointed before and not have a bull market but still people are in doubt because of the feeling that one day Bitcoin might fail to have a bull market. The people that are more skeptical about the bull market are not the old investors but the new ones that are yet to understand how a bull market works and did not do their research before investing in Bitcoin then they thinks that it might not happen because of the way they are seeing the market. Too, the expectations they had, has not been meant probably because they thought by now that Bitcoin would be trading above $100,000 but we are not close to that price but they do not have to worry as we will get there.
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