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Topic: Have we been entertained? - page 2. (Read 537 times)

sr. member
Activity: 868
Merit: 267
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January 19, 2020, 10:52:49 PM
#25
Since bitcoin was first launched until now it shows a bullish trend from the initial opening price of $ 1. Not only intervals of 4 years. You have to understand that they do it that way to take advantage of circumstances to buy bitcoin. What are you looking for? Yes clearly the capital gains from buying bitcoin, the concept is that simple. Because the adoption of bitcoin is still not fully utilized by the public.
sr. member
Activity: 896
Merit: 268
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January 19, 2020, 09:57:25 PM
#24
On my study and analysis, I discovered that the bull runs like four years interval, and with this too,if you observe it is planning to confirm my analysis. Now, all the news about baktt advances breaking and all the likes, are they just crypto-drama or arranged news to keep us busy and entertained?

Four years interval in terms of Bitcoin bull runs? Or are you referring to the entire cryptocurrency market bull run? Either way, you missed measuring that the last strongest bull run happened in 2017. That is only 3 years ago. And after that, Bitcoin has actually climbed from $3,000ish to $14,000 plus. That was considered a bull run for me although not as strong to break the 2017 ATH.

Agree, however the OP seems to state that at exactly four years there will be a bullrun. Which is not since bullrun could happen at anytime means randomly. I bet he want to state the halving's bullrun, instead? Or which can be considered to have 4 years interval.

Anyway, hey OP, would mind sharing us your studies? For us to discuss it further.
legendary
Activity: 2912
Merit: 1068
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January 19, 2020, 12:02:36 PM
#23
If you are trying to find the patter, don't, there isn't any. Bull run can happen any time but very often is hard to determine if we are having real one. The more you trying to make some analysis, the more is likely that you will create some conspiracy theory like you did and find something hidden where there isn't any.
hero member
Activity: 2562
Merit: 586
January 19, 2020, 10:58:23 AM
#22
2017 is not even 3 years ago, it was 2017 "December" which means just about a month ago so it is basically 25 months or so and not 3 years. The interval of 4 years usually talked about in the regard where price goes up, then goes down hard, then goes up slightly more than goes up again highly, so there is an interval but it is not really that common, just so far it has happened twice in 8 years so people assume it will continue to happen.

Just to give an example 2014 was high, 2015 was low, 2016 got better, 2017 was high, 2018 was low, 2019 got better, so everyone expected 2020 to be high as well with that logic, just because it has historically happened doesn't mean it will certainly happen again as well. Maybe it will happen, I am not saying it won't, but it won't happen because of the cycle, it will happen because of halving probably.
legendary
Activity: 1498
Merit: 1000
January 19, 2020, 10:20:21 AM
#21
On my study and analysis, I discovered that the bull runs like four years interval, and with this too,if you observe it is planning to confirm my analysis. Now, all the news about baktt advances breaking and all the likes, are they just crypto-drama or arranged news to keep us busy and entertained?
Bull run markets can occur at any time during the development of this market. It doesn't follow any rules and your claims are baseless. The bull run market started in 2017, then it took a year for the correction and now the bull run has continued. As long as the market has a lot of positive news and many investors are interested in this market, bull run will surely happen.
hero member
Activity: 1400
Merit: 623
January 19, 2020, 10:01:49 AM
#20
There's nothing really weird about the Bakkt announcements though. It was a disappointment, yes, it's initial launch didn't bring about the results that most of us expected since the news was especially hyped by a tad bit too much, but most of us ( if not all ) acknowledged the ability of Bakkt to influence the market in the long run. It breaking all time highest in trading volumes isn't really anything new. Plus, it isn't really anything arranged of the sort, just that Bakkt was more used than other exchanges, that's it. Simple as that.
Soon bakkt can be a help. It maybe a dissapointment now but soon it may improve and have a good performance that may benefit the market. Regarding the 4 year interval of OP it may be coincidence but the market is volatile and it needs some growth which is happening now.
sr. member
Activity: 1400
Merit: 347
January 19, 2020, 09:57:13 AM
#19
Only toxic, evil people linked to the fiat system will find it funny to see bitcoin fail.

So no, I dont find any entertainment on it.
legendary
Activity: 1473
Merit: 1086
January 19, 2020, 09:34:13 AM
#18
There's nothing really weird about the Bakkt announcements though. It was a disappointment, yes, it's initial launch didn't bring about the results that most of us expected since the news was especially hyped by a tad bit too much, but most of us ( if not all ) acknowledged the ability of Bakkt to influence the market in the long run. It breaking all time highest in trading volumes isn't really anything new. Plus, it isn't really anything arranged of the sort, just that Bakkt was more used than other exchanges, that's it. Simple as that.

Likewise the CME futures were a pretty disappointment from the beginning with low volumes and the other futures from CBOE who already got shut down. New systems need to time to be adopted by the big players and now CME seems to be in charge of the market direction, and on top of that introduced more options to trade with leverage some magic dollar number of a bitcoin.

I hope Bakkt will still catch on, due to the much higher soundness of their service idea.

Back to topic: My entertainment levels are pretty satisfied with these large 5 min candle swings up and down. Pretty enjoyable to watch as long as we continue to move up.
hero member
Activity: 2702
Merit: 672
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January 19, 2020, 08:50:46 AM
#17
There's nothing really weird about the Bakkt announcements though. It was a disappointment, yes, it's initial launch didn't bring about the results that most of us expected since the news was especially hyped by a tad bit too much, but most of us ( if not all ) acknowledged the ability of Bakkt to influence the market in the long run. It breaking all time highest in trading volumes isn't really anything new. Plus, it isn't really anything arranged of the sort, just that Bakkt was more used than other exchanges, that's it. Simple as that.
hero member
Activity: 1750
Merit: 589
January 19, 2020, 08:08:40 AM
#16
Bull runs like 4 years interval? First time hearing that a bull run actually likes the number 4. Bakkt is old news. It's recent announcements are because its an exchange, ofc it wants to add features that would entice users to use their exchange. And we all know that Bakkt was an exchange that would affect the entire cryptoscene in the long term, so it being announced in the news every now and then isn't anything weird at all. Plus, even if it were news that were just meant to keep us entertained, the market would still move on, and I doubt traders would be so blind to not see anything weird happening to the market.
hero member
Activity: 2912
Merit: 541
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January 19, 2020, 08:00:41 AM
#15
I am not sure if the bull run has intervals because if the bull run happens this year or in the next year, we have intervals 2-3 years from 2017-2018, and it's not 4 years as you say. But no matter if that is 4 years or not, if bitcoin price can increase higher, that will give us the biggest profit again as we saw in 2017-2018. We will be back to make a lot of money from bitcoin because many people predict that bitcoin will be more than $20k. But all of us have different analysis for what will happen later, so lets we wait for what will happen later.
sr. member
Activity: 2366
Merit: 332
January 19, 2020, 07:44:41 AM
#14
I think a bull run always happens when nobody expects it. In this case people never turned bearish after 19k. There was always this "btc will be 100k next"... Before 19k we always had phases where 90% of the people were saying bitcoin is death.

This is basically the surprises that are eminent with an uncontrolled market. Because of the 2017 experience, nobody can say precisely whee price will shift to. Most people are seating on the face and being careful about their investment maybe till after halving.
legendary
Activity: 3668
Merit: 6382
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January 19, 2020, 07:24:30 AM
#13
On my study and analysis, I discovered that the bull runs like four years interval, and with this too,if you observe it is planning to confirm my analysis. Now, all the news about baktt advances breaking and all the likes, are they just crypto-drama or arranged news to keep us busy and entertained?

2 major loops/bubbles are far from enough to be certain about a rule.

Bakkt.. is just another company. Of course they have paid for some news here and there to increase awareness. There's also the possibility that some big players may have been also using Bakkt news (and all ETF related news) now and then to influence the price in their favor.

If you are trading wannabe you'll be very busy. If you are long time holder you'll get entertained or maybe bored.
Whatever you choose, make sure you understand that too much stress is not good for health  Wink (hence I'd go for HODLing if one affords it, but keep in mind that this is a speculation thread)
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
January 19, 2020, 07:22:42 AM
#12
Four years interval.
You mean to say the halving?

So the last one was July 2016 but the bull came at December of 2017. It took a year and a half for it to be fruitful?
Are you saying that we will be seeing another bull October of 2021?

Where is your study? I only look at the last 20 posts you made. Lazy in digging more beyond that.
Could you put a link please?
legendary
Activity: 3528
Merit: 7005
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January 19, 2020, 07:18:54 AM
#11
99% of the crypto news are clickbait crypto drama.
And a lot of it is inaccurate as well, which is why I generally don't visit crypto news sites.  Some of the writing is downright lousy in addition to being inaccurate clickbait, so there's no winning if you're a reader looking for info.  I don't find such drivel to be entertaining, nor do I look to be entertained when reading news, unless it's obviously a tabloid site or something like that.

I get where OP thinks the bull cycles are on a 4-year timer, but that's not necessarily true.  He's probably just looking at the ten year chart for bitcoin and if so then that's what it would appear to be, but I'd point out that 10 years is a very short time frame when looking at a chart of anything.  Whether that pattern repeats or not, I wouldn't bank on it happening again and again.  Bitcoin is as unpredictable an investment as it gets.
hero member
Activity: 2954
Merit: 796
January 19, 2020, 06:50:14 AM
#10
Some says it's after halving, but we need to consider the changes that happens in crypto market now. There's a lot of changes within that 4 years like banning, multiple scamming projects that affects the investors trust and different countries not accepting crypto.
full member
Activity: 1316
Merit: 126
January 19, 2020, 06:41:32 AM
#9
It is easy to say that but what's your basis? Can you give us the full detail of your study that proves that the bull run happens in a 4-year interval? Honestly, there has been a lot of speculations going on that is just by mere observation but no thorough analysis, a lot has been babbling about this and that and you adding to that trend isn't very helpful. This type of assumption can just create confusion most especially to those newbies who are still trying to learn the trend in cryptocurrency. Don't get me wrong, it's fine to make predictions but make sure you site your basis to make it look believable.
hero member
Activity: 1120
Merit: 554
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January 19, 2020, 06:29:24 AM
#8
On my study and analysis, I discovered that the bull runs like four years interval, and with this too,if you observe it is planning to confirm my analysis. Now, all the news about baktt advances breaking and all the likes, are they just crypto-drama or arranged news to keep us busy and entertained?
This is not guaranteed that 2021 will be a bull run, since 2017 a bull run. 2017 been too fast that it will be hard to achieved again, same with there  are too many regulations now that will affect the movement of the market.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
January 19, 2020, 06:22:28 AM
#7
On my study and analysis, I discovered that the bull runs like four years interval, and with this too,if you observe it is planning to confirm my analysis. Now, all the news about baktt advances breaking and all the likes, are they just crypto-drama or arranged news to keep us busy and entertained?
I never think news is to entertain me. But news really followed by bitcoin price either it is good or bad news. About interval pump, i think there are no actual time when bitcoin price pumped. And i just follow what market will bring my bitcoin value into.
legendary
Activity: 2968
Merit: 3684
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January 19, 2020, 05:08:31 AM
#6
Your "research" is worse than any and all of the influencer analyses put out there on a daily basis... But probably just as (in)accurate.

Of course everything out there is for entertainment. Why else does every guy of note out there say something for you to like and share? Why do terms get so popular every few year cycle or so?

Fresh faced Ivy League guys put on a suit, bring a funny story about how they got into the game, use a swag phrase like "skin in the game"... Get their Partner title in some company and spill their spiel out into the ether for us to eat and regurgitate.

I'm not entertained. But happy to let these cycles come and wash over me and my simple bitcoin thoughts.
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