Curious Case of Bullrun - page 2. | Bitcointalksearch.org

funchiestz

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Quote from: pishite on September 29, 2019, 12:44:10 PM

Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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?

Now investors with large wallets control the price of bitcoin.

And to try to increase the value of other coins, it is necessary to invest a lot of money.

And since most investments in cryptocurrencies are small, ordinary users can not control the price of the cryptocurrency.

The media is just an extra opportunity for money whales to capitalize on impatient investors.

* This is the biggest myth on this market. There are a lot of huge wallets which have no movement for a long time, they can not affect Bitcoin's price. Now, we can't say the big wallets have too much control. In order for us to say that, those wallets must take action. In addition, most of the big wallets belong to exchanges. The balance in those wallets belongs to tens of thousands of people. maybe much more...

* It depends on volume. Some altcoins can gain value easily. Without no money. Even EVX (which has a lot of volume) has gained so much value sometimes.

ivaf

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I think the next bullrun season is possible if institutional investors enter the market. And at the moment there are all the prerequisites for this. Perhaps soon we will see it.

pishite

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Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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?

Now investors with large wallets control the price of bitcoin.

And to try to increase the value of other coins, it is necessary to invest a lot of money.

And since most investments in cryptocurrencies are small, ordinary users can not control the price of the cryptocurrency.

The media is just an extra opportunity for money whales to capitalize on impatient investors.

Sahyadri

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Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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?

Next would be inflow of money from institutional investors where they will regard crypto as a alternate form of investment. This will surely gonna create a hype around the globe. Plus the next halving scheduled in next year gonna bring in the pump as well. Many analyst have predicted that next halving could kick the price above $50k. So yeah, I am pretty much bullish about the next year.

lionheart78

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First, I do not think that ICO hype have a major thing to do with Bitcoin bull run, remember majority of ICO were conducted on ETH platform, so the currency that would benefit this the most is ETH. I think the main reason why Bitcoin skyrocketed last 2017 is because of several news of adoption. I think those where the time when CME and CBOE were announced so lots of speculators thinks that with this 2 institution launched, Bitcoin will go up in price. That triggers the FOMO and eventually lead BTC to its ATH. But sadly it was short lived because the once they knew that will push the Bitcoin price up is the one that pulls it down after the ATH.

At this point, I think people are used to instutional adoption news so I guess it won't have a great effect on BTC. See what happen on BAKKT launch. If there is a catalyst for a bull run, i believe the major reason would be the halving since the supply will be reduced into half and that makes BTC rarer.

robelneo

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Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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 believe we are going to have another all-time high, in my opinion, we are now entering in a bull run again and some of the factors that may contribute that is the Bitcoin halving, Facebook's entry and big companies adopting Cryptocurrency, we have to skip the ICO, because it is dead right now, although it really helps Bitcoin to reach its all-time high.

SummerBliss

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Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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?

Prediction in crypto market is actually unworthy, crypto market is totally unpredictable.
You listed down two reasons which you think were behind last run (most probably you pointing the bullrun of late 2017) but can you really trace them on price chart? I don't think 2016 halving created any instant uprise in Bitcoin price so that reason is completely ruled out. ICO Hype, maybe it contributed to Bitcoin price rise a bit but it wasn't surely the main reason because hardly 5% ICOs receive contributions in Bitcoin, rest of them are more inclined towards Ethereum and other alts. So in short, we can say it is not possible to determine single reason that push prices, there has to be number of reasons and when combination of them create a bullish trend, then only price start rising which is then turn to bullrun when more and more investors start jumping due to FOMO.

kidbounty

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HELENA

Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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 the next bullrun we have halving bitcoin and ethereum 2.0. maybe this is not strong enough but I'm sure this is enough for the beginning. I am still sure until now when halving will btc be pumped and the market will follow it. Even though altcoin funds will be affected by bitcoin in the end, it won't be like it used to. maybe we won't be able to see ATH anymore for altcoin. because at the next bullrun bitcoin dominance will be the highest point.

Chmel

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Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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?

The next bullrun will drive the same as previous thing, its new fresh money, new investors with big wallets. there are no prerequisites for this yet. Some people think that the next bullrun will be on 2021 year because crypto cycles have 4 years. Previous bullrun before 2017 was in 2013 year. Need wait and we will see what happen.

hirngespenst

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You raised a good point mate. Though the same thing won't happen again, but the next BTC halving is a positive thing in crypto and everyone is waiting for the Bitcoin halving in 2020. In 2016, when the ICO market started growing, it was new, so many people supported it. But ICO era ended badly last year, so, you can't expect a bull run like 2017.

prehisto

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Your Data Belongs To You

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.

poptok1

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Bobby Fischer was right

Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

what do you guys think will drive the next bullrun season?

Unfortunately for most people it will be another artificial financial crash, the crisis started in the banking sector.
This time it will be something on the scale we have never seen, I'm afraid.
Central banks are plotting some shenanigans, in order to destabilise national currency and introduce The One coin for the whole world.
The amount of corporate market, stocks they have purchased already is kinda scary, like 65% of stocks on all markets combined are being owned by the central... something it definitely going to happen cause they can't own the world, it would be to obvious and so they won't risk the mutiny. Reset looks like a valid plan, reset with a new candidate as a global currency. I have this suspicion, that its going to be libra... Roll Eyes

hope I'm mistaken and it's all just cheap scare.

funchiestz

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Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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 we need to explain what Halving is before we answer here. Halving means, half of the 12.5 BTC prize per block in the Bitcoin network. So after halving, every block will have a 6.25 BTC prize.

It can be said that this decreasing reward is the cause of the price increase. Miners' revenues are decreasing and supply is decreasing, so the price rises. However, after each halving has occurred in different developments. This makes us curious about the next period. But I don't think it's possible to know this from today. It may be legal regulations.

lobo13hf

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Quote from: Kvalentine on September 29, 2019, 10:16:43 AM

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?

Halving might have a chance to drive the next season of bullrum but what must you remember there's not ETA for the bullrun will come.
It cna happen in a few years later or a year later but i don't even believe if that will give a instant impact to the price of bitcoin.
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.

Kvalentine

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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?

Topic: Curious Case of Bullrun - page 2. (Read 306 times)