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Topic: Curiosity made me ask. - page 3. (Read 709 times)

sr. member
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October 12, 2024, 04:30:47 PM
#22
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.
You just can’t control the human minds and how they feel towards things like this especially when it has to do with money. What has happened that caused most of the disbelief is the little change in the historical context of bitcoin. The introduction of bitcoin ETF which didn’t have immediate effect on the market later did and caused the new all time high been attained even before the halving took place which is unusual and has never happened in that manner before. The fear and skepticism in humans is natural and it’s okay to feel that way because you can’t always control your emotions as regards to things like this. Despite all this, all holders still have some level of trust in bitcoin and that’s why they’re still holding to them and not selling them off.
hero member
Activity: 1498
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October 12, 2024, 03:45:25 PM
#21
People are skeptical and lack trust because they are not so patient to want a bullrun immediately in a short time, even though we don't know the exact time but for me it must happen after passing the halving and it's part of the cycle now.

Some people may feel doubtful that the performance of bitcoin now will be a bull even they consider this skeptical that it will happen later, for me it doesn't matter I will assume he may not have gone through several times the previous bitcoin cycle then he has not had a long experience.
copper member
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Merit: 1280
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October 12, 2024, 01:16:02 PM
#20
There should be a deeper reason why you ask this: it’s not just out of nowhere. Maybe you experienced or talked with someone about Bullrun season?

Anyway, checking it out is somewhat dependent on how you look at it because there will always be a bull run no matter the timeframe, but it will depend on when it happened. I think the people who got into Bitcoin way before were more dissatisfied at that time because they thought they would continue, but reaching higher highs is one of the best things that happened after an all-time high previously, like in 2017.

I guess it depends on the person if they are patient.
legendary
Activity: 1302
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October 12, 2024, 01:10:20 PM
#19
Bitcoin is still just a baby in the grand scheme of things.  I mean, its only been around for like 15 years or so and  if you look at the cycles Bitcoin goes through with those huge runs up in price followed by big crashes, there have really only been three of those so far.   

After every big Bitcoin fever, winter sets in for awhile.  Who knows if we will get another crazy bull run soon or if the party we saw earlier this year was already it for this cycle.  That was weird timing happening before the halving.  Normally the big hype happens after.   

Anyway I guess only time will tell whether Bitcoin has more big moves left in it or if a quiet sideways market is up next. 
The major confusion is the camouflage of hitting a new ATH before the halving. It has thrown serious confusion in the market and in either of the situations, bitcoin will be vindicated. For instance;
  • If bitcoin didn't bull again, no one will crucify it because it has given a new ATH that is required of it.
  • If bitcoin bulls again from here, it will just be a double advantage to the investors.
It's just to be generally careful like someone investing in a volatile asset.
hero member
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October 12, 2024, 12:23:45 PM
#18
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.
Well, since I got into Bitcoin, I have not been in such situation to expect bull Run and it didn't come. Secondly, I have study Bitcoin, adding to my knowledge about economics and investment, I don't think I can feel pressured if the expected price of Bitcoin is not reach during my expectated time frame. If that happens, I will just move on with a second plans, believing that the price of Bitcoin will still reach the price I wish for.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
October 11, 2024, 09:27:48 PM
#17
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.
My answer is simple.

If you made profit, and actually took it fore enjoying your life, you are happy.
If you got loss, and your life got harder, more difficult, you are unhappy.

It is the most important point, and either the market is bullish or bearish, it's not important with you.

There are always people who are greedy and others who are fearful in a same market.
https://www.bitcoinmagazinepro.com/charts/bitcoin-fear-and-greed-index/

Now, move to another fact about the market, in either bull market or bear market, there are winners with profit and losers with losses. Even the bull run is going to its ATH, if you lose your capital, you are a loser and you are certainly unhappy.

My advice is simple too, in either bull market or bear market, don't use leverages.
legendary
Activity: 2394
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October 11, 2024, 07:40:27 PM
#16
Not so, in the history of the bitcoin bullrun cycle it has never failed, maybe this season they are a little bored with the movement of bitcoin so say this will lead to failure even though we still have time to see bitcoin bullrun again.

At least wait from halving to bullrun for more than 18 months then we will know how bitcoin reacts, and is it possible because ATH is above $70K bitcoin has become the highest? Of course not friends.

Even I don't feel afraid, skeptical or any doubts about bitcoin there is still hope for us to see bitcoin bullrun in the next year.
hero member
Activity: 1064
Merit: 501
October 11, 2024, 07:03:13 PM
#15
If I am not mistaken, this year is making Bitcoin 16 years of existence. This halving and the next year's bull run should make it the 4th halving and bull run Bitcoin should encountered since its creation.

The first, second, and third halving with all their bull runs, we can have it that none of them have just missed their time and season for their halving season plus their bull run to be the upper year.

If we are to judge Bitcoin by the market's history it had in the past, we would agree that the same thing is most likely to happen again. As we have seen, the halving happening this year, next year will be the bull run season because it's always months after the halving season that the market begins to experience the bull run. However, the bull run is expected to kick start around Q1 of next year probably. It can run till whenever it decides to stop in that same year(2025).
hero member
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October 11, 2024, 06:24:04 PM
#14
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, ...
I can't remember any but maybe with price speculations during the bull run. Like in 2021, many have anticipated that BTC shall reach $100k at that time because it was visible and the potential was there but then, the peak was $69000 and it has failed the assumption of many that have thought of $100k.

  • 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 think due to the fluctuations and volatility, it's sometimes giving that disappointing vibe that a person lacks trust on Bitcoin even if the history is obviously showing that it will be better for this cycle. As for BTC, if it has a feeling it definitely is going to be disappointed with many people that have placed trust on it and then dismayed when it's not performing based on what they're expecting. It's normal just as the other markets that have a lot of speculators and investors thinking of quite high expectation.
full member
Activity: 350
Merit: 128
October 11, 2024, 05:19:11 PM
#13
[/b]
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, ...
I'm a late comer to this bitcoin sector but based on historical records which I've read, first bitcoin null run was by November 2013 and ever since then, bitcoin has always maintained its four years circles for a new bull run.
The last was bull run was 2021 which we're anticipating for the next one by 2025 which unfailingly it's going to come through.


[/b]
  • 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 decentralized currency that's not controlled by anyone and it's basically digital that we can only see it but can't touch it.
I think this is enough reason for non enthusiasts to distrust it and they've not to o be blamed. Every humans need to be careful with their funds as this case maybe.
sr. member
Activity: 630
Merit: 298
October 11, 2024, 05:13:24 PM
#12
I will make a research when I'm chanced, but I know quite well that bullrun is not assured when people expect it, it can happen within the intervals of three to two years as people expected it but that doesn't mean that it's sacrosanct or constant, nothing in cryptocurrency is assured, if it did fail today that doesn't mean it will never fail again and it will become authentic norms of bullrun.

I agree that the cryptocurrency market is unpredictable and also that past experience doesn’t always translate to future success and as such we can have a year in future where bull run wouldn’t happen or maybe due to the continuing decline in volatility it will happen but would be insignificant. But what the OP asked his if there have been a failed bull run in the past I will say NO there have never been one before, bitcoin bull run according to the historical chart has always come the year after the halving occurs you can check the chart for the rise, years like 2013, 2017, 2021 were all years of bull run so far in bitcoin and none has been missed without it happening.

  • 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 they are afraid due to the statement that three times doesn’t makes it a standard or that past events doesn’t translate to future events. The thins is people are just unnecessarily eager to get this bull run maybe because they invested what they shouldn’t
legendary
Activity: 2464
Merit: 1387
October 11, 2024, 05:07:30 PM
#11
Bullrun do fail sometimes, you know its obvious that bitcoin price is not constant and its unpredictable, sometimes some people do predict that halving always occurs within periods of four [4] years, because it has happened repeatedly like two or three times, so that doesn't mean that such rotation or circle will remain constant, we know that theirs some factors that triggers Bullrun and you may expect a Bullrun to occurs base on general expectation and prediction of people and it fail because its yet to complete its requirements, so the occurrence of Bullrun is determined through the gravity of the investors....but one thing that's dominate, is the bearish, and it meant to be a barrier or interception of Bullrun due to lack of investors that will energise the market to accelerate
I disagree with this as long as the question is if people expected bull run but it never happened. Bull run occured in the year people are expecting it. Make research about it and you will see that I am correct. This is not about short term but about long term. Those that expected bull run were never disappointed.

Yes, its almost like a self fulfilling prophesy! more or less everyone knows about
Bitcoins 4 year cycle which isnt a feature of Bitcoin, more a feature created by
the market.

Take this post halving period, particularly 2025, we will most likely be in a bull
run for sure, why is that? because the market knows there is a bullrun a year after
each halving...so thats what we will get (more than likely)
sr. member
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Merit: 195
October 11, 2024, 05:06:25 PM
#10
Bullrun do fail sometimes, you know its obvious that bitcoin price is not constant and its unpredictable, sometimes some people do predict that halving always occurs within periods of four [4] years, because it has happened repeatedly like two or three times, so that doesn't mean that such rotation or circle will remain constant, we know that theirs some factors that triggers Bullrun and you may expect a Bullrun to occurs base on general expectation and prediction of people and it fail because its yet to complete its requirements, so the occurrence of Bullrun is determined through the gravity of the investors....but one thing that's dominate, is the bearish, and it meant to be a barrier or interception of Bullrun due to lack of investors that will energise the market to accelerate
I disagree with this as long as the question is if people expected bull run but it never happened. Bull run occured in the year people are expecting it. Make research about it and you will see that I am correct. This is not about short term but about long term. Those that expected bull run were never disappointed.
If i am not mistaking, when we talk about Bull run we are referring to those that happen after the halving which should be a norms and that is where a lot of investors all put their hopes on to see the price reach an ATH. Historically with all informations gathered, you are right to say it has never failed to happen, each bull run happens as expected right from how it was. For the past halving years, the Q4 of that year also set a new ATH which then proceeds to meet a newest from the following year, that is why we all are speculating on Bitcoin to reach significant prices, some already predicted on reaching $100k while a few also on $150k.
hero member
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October 11, 2024, 05:01:55 PM
#9
I disagree with this as long as the question is if people expected bull run but it never happened. Bull run occured in the year people are expecting it. Make research about it and you will see that I am correct. This is not about short term but about long term. Those that expected bull run were never disappointed.
I will make a research when I'm chanced, but I know quite well that bullrun is not assured when people expect it, it can happen within the intervals of three to two years as people expected it but that doesn't mean that it's sacrosanct or constant, nothing in cryptocurrency is assured, if it did fail today that doesn't mean it will never fail again and it will become authentic norms of bullrun.
legendary
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October 11, 2024, 04:44:38 PM
#8
Bullrun do fail sometimes, you know its obvious that bitcoin price is not constant and its unpredictable, sometimes some people do predict that halving always occurs within periods of four [4] years, because it has happened repeatedly like two or three times, so that doesn't mean that such rotation or circle will remain constant, we know that theirs some factors that triggers Bullrun and you may expect a Bullrun to occurs base on general expectation and prediction of people and it fail because its yet to complete its requirements, so the occurrence of Bullrun is determined through the gravity of the investors....but one thing that's dominate, is the bearish, and it meant to be a barrier or interception of Bullrun due to lack of investors that will energise the market to accelerate
I disagree with this as long as the question is if people expected bull run but it never happened. Bull run occured in the year people are expecting it. Make research about it and you will see that I am correct. This is not about short term but about long term. Those that expected bull run were never disappointed.
hero member
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October 11, 2024, 04:41:01 PM
#7
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 you check history, you will see that the bull run had pattern and it never failed, but also the bear market never failed also. Only what that was recorded which changed and which happened this year is the all-time high that occured before halving, but which was a good thing to see that happened. Aside that everything has been following the same pattern in long term.
Bullrun do fail sometimes, you know its obvious that bitcoin price is not constant and its unpredictable, sometimes some people do predict that halving always occurs within periods of four [4] years, because it has happened repeatedly like two or three times, so that doesn't mean that such rotation or circle will remain constant, we know that theirs some factors that triggers Bullrun and you may expect a Bullrun to occurs base on general expectation and prediction of people and it fail because its yet to complete its requirements, so the occurrence of Bullrun is determined through the gravity of the investors....but one thing that's dominate, is the bearish, and it meant to be a barrier or interception of Bullrun due to lack of investors that will energise the market to accelerate
legendary
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October 11, 2024, 03:56:41 PM
#6
Bitcoin is still just a baby in the grand scheme of things.  I mean, its only been around for like 15 years or so and  if you look at the cycles Bitcoin goes through with those huge runs up in price followed by big crashes, there have really only been three of those so far.   

After every big Bitcoin fever, winter sets in for awhile.  Who knows if we will get another crazy bull run soon or if the party we saw earlier this year was already it for this cycle.  That was weird timing happening before the halving.  Normally the big hype happens after.   

Anyway I guess only time will tell whether Bitcoin has more big moves left in it or if a quiet sideways market is up next. 
legendary
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October 11, 2024, 03:49:04 PM
#5
You will always find some people claiming a bullrun is coming in the the Bitcoin universe unfortunately, even when BTC falls, there are constantly some people saying, it's the first move of a rebound or the start of whatever dubious pattern actually. You can look at the Wall Observer thread for example you can find some of those guys there. They are called permabulls in financial trading. But it's better to be more cautious about high volatile asset normally.
hero member
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October 11, 2024, 03:33:18 PM
#4
Pay attention mate. For so long Bitcoin has proven to be a solid crypto-currency and has over the years given so many investors good returns on investment, the real earned in Bitcoin are those who had invested a long time ago, those who invest with big Capitals these set of investors gets the large bite of the cake and except you are a very long term investor you may not earn so much during the Bitcoin bull run.

So this has caused people to shift their attention to alternative coins, some undoubtedly has made people go from nothing to something, Dogecoin is one of those examples but those altcoins are very uncertain and not easy to spot which would do well, so even with a bull run you may not have aped in on the right coin, this should be the many reasons for the bull run skepticism.
sr. member
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October 11, 2024, 03:23:32 PM
#3
I agree with _act_ . Bitcoin is still following a pattern very similar to it's initial trend for the last few halving events that have occurred. Many bitcoiners who are quite new to the crypto space are usually of the opinion that immediately after halving boom the price of bitcoin will pump. Everyone has been anticipating and hoping we achieve $100k but like I always say I really don't see the bull of a 100k happening this year.

Halving assists in bitcoin's bull run however it's not the only factor the determines a bull or when it would happen and that's the more reason why the bull doesn't happen immediately after the halving block is mined in fact past trend suggests that there is often a dip immediately after halving we've already experienced that meaning we are still on track.
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