Topic: Next Bitcoin Bull Run Will Be ‘Dramatically Different’ (Read 859 times)

This negative image is the impact of someone who wants to be rich overnight so that the Crypto community is widely disadvantaged, but in an uncertain global economic situation, Crypto assets such as bitcoin are the best, among others, like gold.

In some countries government just consider it as a scam and only the negative image is being presented by the media due to which the advantages or how it is useful are not bought and talked about. Thus, people refrain from buying the bitcoin.

People back then wants profit and there were few technological breakthroughs after Bitcoin and Ethereum, so many of them are copy-paste or fork of Bitcoins, but now things are changing, investors are not easily investing in just any projects unless they see something new and big it can offer to the community, so if we will have a new all-time high it's very much different from what we have the last time.

For some people bitcoin is good investment /asset but for some like in my country bitcoin has already a bad image because it was use to scam other people thats why bitcoin still not on a bullrun.

This is also what I believe in, it should be better because so many new projects have come to enhance the technology many new an dbig investors who have finally saw the potential of Bitcoin, people are not just investing in Bitcoin they are adopting it, if we move to another all time high I believe it will be permanent and it will not likely to go down.

   Gbrendeh every new bull run is bigger than previous one, it's one more reason for all of us to believe that the next bull run
will be more powerful than any we had before.
   Winklevoss Twin's are well known in crypto-space, and I like their optimism about the future of the crypto-currencies. Bitcoin
will be huge, but it will pull all other good alt-coins, and the entire crypto-market will grow. I am optimistic as well, there's no
time for waiting, we need to accumulate more before it happens.

I believe that the circumstances in the cryptocurrency market in the near future will be influenced not only by people's awareness of cryptocurrencies and the experience of current users of cryptocurrency, but also by the current circumstances associated with the economic crisis around the world. Not only big business, as well as big investors are looking for alternative investments, but ordinary people are forced to look for funds to preserve their savings, since national currencies are actually turning into paper.

It will definitely be different as people are now well-informed and more adoption is in the crypto space. We might see the biggest bull run in the history of BTC soonest. 

We all have been optimisic towards the future of Bitcoin but we are likely to see it at a high price rather than seeing it low.
I agree that the next Bullrun will be something different as seeing the behavior is actually far from what it shows in the previous years. But I don't think that the next Bullrun is a big opposite from 2017, instead of seeing it beyond $20k. Besides, if we are seeing the price at $15k or even at $20k, people are still not convinced that we are already in Bullrun because they are asking for more beyond that.

Correct since every month got different phase and might we will struggle if something bad happens or there is a bad news cames since it can really affect the movement of the market since people will get feared to continuously buy more due to sudden incidents. But I don't mean to be negative on certain things since I just want to be prepared and want to secure my profits if there's a huge dump came.

We can really be that optimistic towards bitcoin but nothing is assured when we do talk about future.We know that even how bad the economic state we do had towards fiat
it cant really still be beaten down by crypto. For now in talks of another bitcoin bull run then we would only have two paths neither we wont really get that too high neither breaking that previous ath
and reach a little higher price or would definitely go to the moon.Its still all presumptions and speculation because we dont know on what would happen next towards the market.
There are lots of factors that can really affect such movement.

So you think the next bubble will continue to shrink from the previous bubble, I think it will get bigger because the economy will continue to grow, inflation will continue to increase so that the value of an item whose quantity is fixed and does not increase will continue to rise in my opinion.

I could see that. Maybe it would be more comparable to the April 2013 run, which was only followed by a 4-5 month consolidation before bubbling up again.

Some people aren't extrapolating from past cycles and don't think a run to $30K is small, based on market cap and the inflow required to sustain price, and things like that. Personally I disagree, but I guess we need to wait and see.

Like I said before, the key with these fundamentally unpredictable events is to keep your options open and not put all your eggs in one basket. Another way to put it: Never sell all your bitcoin. No matter how high the price goes, or if you think it must come down. I used to think like that ("it can't go any higher" or "it has to correct") in 2015-2017 and I have a lot less coins now to show for it. Now I know the power of Bitcoin bull markets.


You don't have to believe it will be bigger this time. I'm unsure about that myself. Just be open to the possibility, and plan accordingly. If BTC hits the S-curve and mass adoption scenario, you're going to seriously regret selling at valuations like $50K.

If the HODLers refuse to sell, the price will just keep floating up and up and up. That's really the bottom line and it's why predicting the top is impossible. We can't know at what price supply will finally come in and pop the bubble.

Indeed, if we compare the circumstances of investments in 2016 and 2017 in cryptocurrency, they were due to the desire to get very large and quick profits, but today the situation has changed dramatically, since the economic crisis in the world is aggravating against the background of the current circumstances, including the coronavirus pandemic. national currencies are losing very much in value, and other valuable assets are also depreciating, and one of the best ways out of this situation is investing in cryptocurrency, especially in bitcoin, since Bitcoin is one of the most profitable investment assets.

Lol mate, you just have to wait till we break $20k and then we can talk about the next all time high. Do you think that the price will be stable for the next 2 years around $11k? You just have to look at bitcoin's past history. Doesn't matter if it will take many years, what people are saying that everything is possible.

Again go back to 2017, do you honestly believed that it will reach almost $20k? Of course, we can make our own prediction as there are really no experts, and those claiming are simply making a fool of themselves. But a 6 digit mark is not that far.

The infrastructure thing comes to my mind as well. Since 2017 there has been a lot more companies, a lot more people working in the bitcoin or generally speaking in crypto space and there has been a lot more money invested into not just bitcoin itself but any company or project that is crypto related, so I feel like there should be some sort of difference between 2017 and right now.

If there is a big hype like 2017 and bitcoin price goes very high, this time around the crypto infrastructure is ready to handle a lot more people and could actually increase to a level where we couldn't foresee that easily.

Only due to the increasing investments towards making the crypto space better. There has been other stuff as well but the main thing we need to figure out is the transaction costs which are still high in bitcoin.

The different thing that they've been talking about is on how fast and slow it would rise and fall and the money that had been flowing into this market but you do actually get some point too
on how a bull or bear market runs.The question or the thing we do concern of if this one will had that strong foundation of price where it can hold up and wont really be that simple to crash it
out just like what happened when we go dip down back to 3k.

We know that market cant really be just having that losing side.There would be always price increase and rallies but we wont know if those funds who had entered in crypto space do came from mostly
in traditional investors from traditional markets that we've known.

The global market crash only pushed Bitcoin back a few months. In Jan/Feb is was building a base at $9000s after coming off the local bottom of $6000/$7000, and then it just re-did that in May/June/July. So the pandemic pretty much just pushed back Bitcoin price action for a few months, I reckon. I had an anti-bitcoin/blockchain co-worker the past few years until a year ago, who would say that the only reason bitcoin has gone up is because the world has been in a decade long bull market, and when a recession hits bitcoin will die. Welp, now we know that beyond the specific days where there are intense market crashes that brings all assets down, Bitcoin performs very well in a recession.



Also I'd say what has transpired this year has if anything helped Bitcoin long term. The insane money printing that has been going on this year will no doubt fuel inflation, in addition to just putting more money out into the world to go into Bitcoin. People will increasingly look to stores of value like gold and bitcoin (but probably much more so bitcoin as the years pass) to keep their money safe from inflation.

In fact I think just this week the US Fed said they are abandoning their 2% inflation target from here on out, and from what I read it is expected that they will set a new target of 4%. At 2% inflation it takes about 34 years for your money to lose half its value, but if this 4% target is right, that means the value of USD will be halved every 17 years. This makes USD a much less trustworthy asset to use as a global reserve at least for long term reserves, and stuff like gold and bitcoin (obviously long term especially for bitcoin, not short term due to crazy volatility) will increasingly be adopted as a reserve currency. In fact we just saw that for the first time this month when the company Microstrategy said it has moved from USD to BTC as its primary treasury reserve, buying $250 million in BTC.

If companies follow Microstrategy's lead, and at least start putting just a few percent of their cash reserves in Bitcoin to offset higher inflation, that alone would tie up many billions of dollars in bitcoin. Imagine one of these giant tech companies with like $100-200 billion in cash that they generally hold onto for a long time, deciding to put 10% of their cash reserves into bitcoin to offset the inflation from the other 90%, that'd be a single company buying up like $15 billion in bitcoin over the course of a couple years. Now imagine dozens of companies putting in just a few percent of their cash reserves, buying anywhere from hundreds of millions to a couple billion dollars in Bitcoin as a hedge against inflation. This would sent Bitcoin's base price an order of magnitude higher.

Were you not around for any of the other bull runs? $100k is indeed a reasonable prediction, so yes, I am sure. And who ever said Bitcoin can't surpass its previous ATH?? That statement of yours is not a reasonable prediction.

I said nothing about listening to self proclaimed gurus, in fact I specifically said at the start of my comment not to blindly believe so called experts because there is nothing to be expert at in price prediction, an "expert" doesn't know anything more than anyone else does who has been in the market for a while.

as far as I know the bull run is no different when the bull run came of course bitcoin went up really high that's what I've seen from a long time ago
and vice versa when bear season comes, Bitcoin price will fall fast