Curious Case of Bullrun | Bitcointalksearch.org

Xardasim

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Quote from: Samayuki on September 29, 2019, 01:56:11 PM

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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?

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.

JeffBrad12

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Quote from: cryptofirm on September 29, 2019, 05:05:18 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?

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.

Ararbermas

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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?

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

gaston castano

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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?

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.

Quote from: lobo13hf on September 29, 2019, 10:49:37 AM

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.

surgical_duude

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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.

r_delossa

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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.

Stanlo

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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

metallica101

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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?

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.

asriloni

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Quote from: prehisto on September 29, 2019, 11:15:17 AM

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.

Aldrinx00

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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.

ashmodeus

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Quote from: Qirtov on September 29, 2019, 05:50:37 PM

Quote from: prehisto on September 29, 2019, 11:15:17 AM

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.

Qirtov

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Quote from: prehisto on September 29, 2019, 11:15:17 AM

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.

cryptofirm

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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 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

Kemarit

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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?

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.

pixie85

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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.

batang_bitcoin

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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.

ashmodeus

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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?

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.

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

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.

Samayuki

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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?

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?

DaMut

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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.

Cheesus

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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!

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 (Read 315 times)