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Topic: Curious Case of Bullrun (Read 306 times)

sr. member
Activity: 1624
Merit: 250
September 30, 2019, 11:47:05 AM
#37
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?
Bitcoin block reward reduction - this will definitely be a reason for the price increase. but this will happen either in a few months or a few months from this date (May 20 approximately).
Two less coins will hit the market every day.
Can you be more clearer? what do you mean by two less coins will hit the market every day? are you talking about altcoin new projects? And if bitcoin halving actually takes place will altcoin surge in value just like it did in 2017/2018?
OP is talking about the Bitcoin halving and there are speculations going around the crypto market. If ain June the BTC halving can reduce the block reward the price will go up due to the increasing demand and lower supply.
hero member
Activity: 2926
Merit: 533
Leading Crypto Sports Betting & Casino Platform
September 30, 2019, 11:29:20 AM
#34
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?

i think the reasonable reason for next bull run still same my friend, yes bitcoin halving event is the answer
wich will happend in the next year buddy
you can check here for the detail https://www.bitcoinblockhalf.com
why ? because the halving event will create more demands in cryptocurrency especially bitcoin  Wink
Actually it is not that it will bring more demands but instead reducing the rewards each miners get from thus making the supply lesser but still the supply remains the same or accumulating anyway it's just the pace is slower.


The halving before as I've seen not really do much to the price, I mean indeed the price is pumped but long before the halving happened and then the price started rising slowly. Halving is not abolute for the price to increase it's more like reducing the supply while demands is basically still the same.
sr. member
Activity: 2016
Merit: 283
September 30, 2019, 11:19:39 AM
#33
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?
only big investors can drive the next bull run mate, because in fact they are the real reason why bitcoin is now on this situation .  What i mean they suddenly manipulate the price back to the normal high value after the ATH without any noticed. That's why holders become emotional as well afterwards and now  bitcoin floating on this current position due to some doubts from it. . I hope you understand what I want to point out!.  Lol
sr. member
Activity: 1526
Merit: 251
September 30, 2019, 10:54:11 AM
#32
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?

if there is no more ico hype as you said I think BTC will also still experience bullrun, I'm not entirely sure it's due to hype, but there are other factors.
so if the next halving comes back I think it will be the next bullrun and we'll see if ico hype is still as famous as before.

You must take a look at how the price of litecoin was going down again to the bottom even after litecoin has already done its halving and the blockreward decreased a lot.

i agree because that's not the main bullrun factor, but because btc and ltc are different coins so it might not apply to BTC.
member
Activity: 349
Merit: 10
September 30, 2019, 10:02:17 AM
#31
2016 ICO is considered a unique new trend and is trusted by many people.  But perhaps many bad people rely on it that makes investors lose confidence from it.  BTC was almost unable to decline in the market but it showed signs of strong rebound after the Bakkt case.  We need a new trend like the 2016 ICO did in the market.
member
Activity: 490
Merit: 10
September 30, 2019, 09:48:24 AM
#30
A lot of people were hoping for Bakkt launch, but as we all see it has failed. The next hope is BTC halving in 2020, which should move the price further and cause another bull run. I am just hoping that a sudden BTC price increase would not harm altcoins even more.
full member
Activity: 952
Merit: 110
September 30, 2019, 02:38:00 AM
#29
Bitcoin halvings will surely be in charge of positively trending markets and there's no other way since when the estimation of recently mined bitcoins expands,the market will consistently be shrinked or adjust so when bitcoin goes up all other coins will do the same hopefully altcoins won't be left out of the upcoming bitcoin halving
jr. member
Activity: 56
Merit: 9
Crypto-Rating.com - Price Prediction At Its Best
September 30, 2019, 12:50:02 AM
#28
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?

Probably the participation of institutional investors, or the halving itself. People will expect the price to grow for mining to remain profitable, which is what will cause them to buy more BTC, thus increasing the price in the process. It's a self-fulfilling prophecy at this point. Of course, that only stands if things do happen that way. It is worth remembering that there are no certainties in crypto.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
September 30, 2019, 12:45:38 AM
#27
Why do you think that there will be a BULL RUN ?
It is possible that there will be nothing like that at all , ever. It is possible that all that we have gotten after the hype is just a aftermath of that hype which is slowly and steadily dying.
He was asking the possibility and the answer is the possibility will always there for bullrun back again.
Don't get it wrong and you seen that if bitcoin even back again from 5k to the 13k in a short time.

In the speculation market and hype is a part of the cycle in the ecosystem. The hype can be created anytime based on how strong the fundamental of bitcoin. The hype is not forever and it will be gone with the interest to buy such coin will decrease but it will be going back again when a good fundamental comes and affecting the people to think if there will be another big day for such coin and they will be starting to bet again.

It can't be called dying but, the hype is coming and going based on people's interest.
member
Activity: 882
Merit: 13
September 29, 2019, 10:32:53 PM
#26
The main catalyst for the next bullrun is the bitcoin halving, mining rewards will decrease in half and so the price of bitcoin increases. But it's not guaranteed that a bullrun may happen before the bitcoin halving, no one really knows.
hero member
Activity: 1638
Merit: 518
September 29, 2019, 10:25:30 PM
#25
Why do you think that there will be a BULL RUN ?
It is possible that there will be nothing like that at all , ever.
Do you not believe with bullrun? Or you think it is just an issue?
I think there will be a bullrun yet it has been proven for several months ago. Although it is just BTC bullrun, I am sure that it is the sign of the upcoming real bullrun for all coins.


Basicaly ,bullrun is not something we should believe or not.  but those are things that we have to understand as traders, you know, studying charts, reading the news routinely, paying attention to sentiment, those are some of the important things to see whether bullrun is really coming or not.
jr. member
Activity: 121
Merit: 1
September 29, 2019, 05:50:37 PM
#24
Why do you think that there will be a BULL RUN ?
It is possible that there will be nothing like that at all , ever.
Do you not believe with bullrun? Or you think it is just an issue?
I think there will be a bullrun yet it has been proven for several months ago. Although it is just BTC bullrun, I am sure that it is the sign of the upcoming real bullrun for all coins.
sr. member
Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
September 29, 2019, 05:05:18 PM
#23
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?

i think the reasonable reason for next bull run still same my friend, yes bitcoin halving event is the answer
wich will happend in the next year buddy
you can check here for the detail https://www.bitcoinblockhalf.com
why ? because the halving event will create more demands in cryptocurrency especially bitcoin  Wink
legendary
Activity: 3080
Merit: 1353
September 29, 2019, 04:51:48 PM
#22
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?

You already got your answer there: Bitcoin block halvening in 2020.

There is no other event much anticipated by everyone here in crypto sphere except the halvening. But mind you, but the price won't go on a parabolic rise overnight. It still needs to mature in months and years before we can settle on a bull run that will eventually push the price to another all time high. You can say that ICO boom was responsible, however, the market that time is really on the last phase of the 2017 bubble that's why everything fall into pieces and after that the bear took over. It's the natural cycle of crypto every 4 years we will see a bull run follow by bear trend.
hero member
Activity: 2184
Merit: 531
September 29, 2019, 04:42:14 PM
#21
Icos were not responsible for the crypto bull run. It's always the same with all cryptocurrencies. They all depend on bitcoin and when it goes up in value all other coins lag behind and eventually pump.

Bitcoin halvings have to be responsible for bull markets there's no other way because when the value of newly mined bitcoins increases the market will always be drawn to balance. It not always has to create a big rally but can gradually push prices.
hero member
Activity: 3080
Merit: 603
September 29, 2019, 04:11:59 PM
#20
Like what everyone saying for the next bull run it will be triggered by institutional money. It may not be too big right now after the Bakkt launching because we're looking for a quick significant result but I say that look for the long term afterwards. Are you also thinking that after the halving by 2020 then next year(2021) will also cause a bull run? I'm thinking like that but I'm no expert in charts and I'm continuously observing the market and preserving and getting ready for any action.
hero member
Activity: 1638
Merit: 518
September 29, 2019, 02:27:33 PM
#19
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?

for me, the most responsible about bullrun on 2016-2017 is ETH , the mother of ICO, creating a new ERA of crypto currency with smart contract system.

my question now is what do you guys think will drive the next bullrun season?

well, the most sentiment for create a huge bull run for next part is if SEC accepted bitcoin ETF,
for me , its really important, u know,when SEC accepted it, its like BTC legal already.
as we know, SEC still delayed it , the last news i know, final deadline on mid october.
member
Activity: 574
Merit: 24
September 29, 2019, 01:56:11 PM
#18
I am curious and i need answers, the last bitcoin halving happened in 2016 and a year later bitcoin bullrun follows, in that year many believes that ICO HYPE was responsible for the bullrun and others belief it did a big a part so my question now is what do you guys think will drive the next bullrun season?
Bitcoin block reward reduction - this will definitely be a reason for the price increase. but this will happen either in a few months or a few months from this date (May 20 approximately).
Two less coins will hit the market every day.
Can you be more clearer? what do you mean by two less coins will hit the market every day? are you talking about altcoin new projects? And if bitcoin halving actually takes place will altcoin surge in value just like it did in 2017/2018?
sr. member
Activity: 1274
Merit: 263
September 29, 2019, 01:09:24 PM
#17
This is my hypothesis:

* In 2020, halving will happen and just like before. The price starts to climb up steadily until next year.
With the announcement from Libra, ETH about their development and transition. Another listing on CME and something else

* In 2021, China announces their first tokenized currency and it is backed by their real currency. Because of this, the hype starts.

there is no way an update of certain coin will push the price up again, unlike before. Many people had learned their lesson, I believe only country level of adoption that might trigger the bull.

sr. member
Activity: 692
Merit: 254
terra-credit.com
September 29, 2019, 01:09:19 PM
#16
Bitcoin halving will boost its price and crypto market will see a better condition but I am doubtful about the bull run. What is the measurement of the crypto bull run? 20K USD? For me, this year when Bitcoin almost touched 14K USD, that was a pure bull run. Bitcoin stayed at 10K USD for a long time, that was a stable price after the bull run. So, I will be waiting for BTC halving, but it is not the sign for the next bull run!
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