Topic: Next Bitcoin Bull Run Will Be ‘Dramatically Different’ - page 5. (Read 851 times)
I'll go with Mark Twain over winklevoss, history doesn't repeat it rhymes. It will be different but people always underestimate the size of the move possible and the volatility while it does it. So 2017 as I understand or remember it was off the scale in giant moves downwards while somehow looking back it just seemed to keep rising beyond any expectation. So that part I do think occurs again and also I still think 2021 is bigger then 2020 for the lagged effects of halvening and other accumulative pressure on BTC to the upside. Possibly right now we are just repeating last summers highs and redistributing speculation since then, also BTC doesn't operate alone we have disruptive waves incoming from main markets both inflation seems apparent then the difficult part is deflation is going to knock us off the surf board at times too.
How does the next bull run differ from the previous bull run? A bull run is all about the rising of prices. The bull run in the past few years will essentially be the same bull run that we will see in the coming future.
With this pandemic, I think many players realized the potential of blockchain and thought to be safe haven but Im not speaking for everyone.Does anybody think we can surpass its previous ATH for most coin such as bitcoin and eth?
Though potential is there but we can't deny the fact that there are other existing online resources to be used by the other and provably huge percentage of the people using it for contact less transaction, but what good thing here is bitcoin and blockchain gather much attention on this pandemic maybe that's the reason on why we see some surprisingly stable price when for the past few days or even last month.
But maybe we can surpass the past ATH since slowly by slowly we can see some rise which is healthy by now especially we are still on the hype of the halving + the other thing.
We dont need hype or something similar, what we need is gradual increase at the same time having strong supports which wont easily make the price crash that hard.
We have seen for how many times that the market is being hyped up or being pumped that fast but what happen later on? It did crash and i dont prefer to see that again but we
dont have full control on whats gonna happen.We should be at least thankful on what weare currently seeing at the moment which price is starting to cling up
and reaching to previous ATH would surely not a simple ride on where most people do anticipate that much.
That same thinking applied in 2013 and 2017. Skeptics said the same exact thing. "Too many people got burned last time, it'll never go exponential like that again!" Those skeptics were wrong.
Most people are aiming at $25K-$100K. That tells me the next bubble will top much higher.
It's impossible to predict but I wouldn't be surprised at all to see $300K-$400K, especially since so few are expecting it.
Most people are aiming at $25K-$100K. That tells me the next bubble will top much higher.
It's impossible to predict but I wouldn't be surprised at all to see $300K-$400K, especially since so few are expecting it.
True, but just because it wasn't correct the last time, doesn't necessarily mean it won't be correct this time. In 2013 barely few people outside of crypto knew about the bubble, but in 2017 the late stage of the bubble was covered by all mainstream media, even national television. Awareness about Bitcoin, and its reputation as a volatile, bubble-prone investment is much stronger now.
$300K-$400K is a really cool scenario, but I think hoping for it is more likely to make people miss out on decent profits or just cause losses for those who enter later.
Could be. There's another possibility: BTC adoption is following an S-curve, and we haven't even seen the exponential mass adoption phase yet. 
To me S-curve always sounded like a justification to have this extremely slow adoption that we have now. There's no evidence that Bitcoin follows this curve or any other.
Winklevoss Twin says,
"The next BTC bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure and high quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!"
"The next BTC bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure and high quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!"
That is so dumb. If there would be the same amount of capital ready then we would get Bitcoin price to $20000. Many predict price of Bitcoin will go to $200k. So yes a whole lot of more capital will e needed to do that. Many many times more then what happened in 2017.
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How does the next bull run differ from the previous bull run?
Thats because alot of people are now aware of hedge level of crypto in terms of inflation and Kiyosaki statement about bitcoin is also enough to move the mind of his book reader to crypto.There’s still at least one more huge rise of great multiples left in bitcoin. I actually think there will be two (one after the 2024 halving).
I expect to see 6 figure bitcoin price next year & possibly 7 figures after 2024 halving.
I also think the price of bitcoin market could reach 7 figures in years to come after future halving but with the volatility in nature of the market i strongly believe is too early for us to predict 3-6 years market price now because such expectation may also need to disappointment. However, making such prediction wont make us different from those analysis that mathematically the predict of crypto market. I expect to see 6 figure bitcoin price next year & possibly 7 figures after 2024 halving.
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Bitcoin is now fully unpredictable, no one knows what will happen in upcoming days. But yes bitcoin still has a great value and people love to hold it.
Bitcoin is now fully unpredictable, no one knows what will happen in upcoming days. But yes bitcoin still has a great value and people love to hold it.
Apparently, it was always been unpredictable way back before. Btw, what do you mean by fully thing there? I'm just a bit confused
.So, is it because there is development in some aspects like business adopting bitcoin then we will have dramatically bull run? I don't see any different with the next bull run if that happens. Adoption is given and we can see how far bitcoin is growing, more projects that has potential use as before but there are circumstances that the more we expect it to be that way (as go further dramatically be different) the more it stays the same. Progression is normal and so the the market, too.
I supposed so. However, they were talking about some various points that may add up to this dramatic change. I'd say, their reasons were convincing enough though. And yeah, progression is normal, after all but considering those underlying stuff on what would made this progress different from what it was before shouldn't be disregarded, as it may help you decide when to take part in, and when not
. 
How does the next bull run differ from the previous bull run? A bull run is all about the rising of prices. The bull run in the past few years will essentially be the same bull run that we will see in the coming future.
With this pandemic, I think many players realized the potential of blockchain and thought to be safe haven but Im not speaking for everyone.Does anybody think we can surpass its previous ATH for most coin such as bitcoin and eth?
Though potential is there but we can't deny the fact that there are other existing online resources to be used by the other and provably huge percentage of the people using it for contact less transaction, but what good thing here is bitcoin and blockchain gather much attention on this pandemic maybe that's the reason on why we see some surprisingly stable price when for the past few days or even last month.
But maybe we can surpass the past ATH since slowly by slowly we can see some rise which is healthy by now especially we are still on the hype of the halving + the other thing.
How does the next bull run differ from the previous bull run? A bull run is all about the rising of prices. The bull run in the past few years will essentially be the same bull run that we will see in the coming future.
Last time it was triggeres by Bitcoin bubble as well some ICO hypes that are dead by now. This time Im thinking the reason of bull run could be trigger by ethereum 2.0 which will pulled other coins/tokens, not to mentioned defi hype is increasing and accumulating a lot of funds right now. For the bitcoin case, its the natural adoption of most investors plus the new one that enters the market.With this pandemic, I think many players realized the potential of blockchain and thought to be safe haven but Im not speaking for everyone.
Does anybody think we can surpass its previous ATH for most coin such as bitcoin and eth?
How does the next bull run differ from the previous bull run? A bull run is all about the rising of prices.
It's a question of magnitude.
Since Bitcoin's price is directly related to adoption, we can think of its price cycle in terms of technology adoption curves. Now if BTC is to become mass adopted, then we're still only in the early adopter phase:
Consider the implications of that. The chart visually shows how the price cycles seen in 2011-2017 may just be tiny blips compared to the mega gains coming during the mass adoption phase.
People around here can barely conceive of > $20K. Let's talk millions USD.
I read the article very fast, I didn't see them mentioned a price as their prediction, all reasons are saying that it's bigger and better this time, so probably if we translate that into figure, that would mean a bigger price compared to the last bull run, hence it's expected to see a bull run this time.
I hope the bull run is just around the corner, haven't heard from them for a while, good thing there's a fresh bullish news from them.
I hope the bull run is just around the corner, haven't heard from them for a while, good thing there's a fresh bullish news from them.
There’s still at least one more huge rise of great multiples left in bitcoin. I actually think there will be two (one after the 2024 halving).
I expect to see 6 figure bitcoin price next year & possibly 7 figures after 2024 halving.
I expect to see 6 figure bitcoin price next year & possibly 7 figures after 2024 halving.
That If people keeps following the Bitcoin halving trend, which I also believe more than 50% of investors will.
But, does Bitcoin block halving supposed to make a great bull market? Or is it just because a lot of people believed so?
Anyway, this prediction is non different than other big name personality's predictions. Bitcoin is bound to break these figures, but the question is "when?", because many investors and traders believed it will. These people are just making a scene and are trying to affect the market sentiments.
There’s still at least one more huge rise of great multiples left in bitcoin. I actually think there will be two (one after the 2024 halving).
I expect to see 6 figure bitcoin price next year & possibly 7 figures after 2024 halving.
I expect to see 6 figure bitcoin price next year & possibly 7 figures after 2024 halving.
So, is it because there is development in some aspects like business adopting bitcoin then we will have dramatically bull run? I don't see any different with the next bull run if that happens. Adoption is given and we can see how far bitcoin is growing, more projects that has potential use as before but there are circumstances that the more we expect it to be that way (as go further dramatically be different) the more it stays the same. Progression is normal and so the the market, too.
Still remembered how the bull run was in 2017 and early 2018. That time I was just watching that bitcoin going up and up. I bought some amount of bitcoin at 1700$ around 2017 May-june. But in the year end bitcoin was aroun 15000$ which was almost 10X where I bought them. I think the next bull run won't be the same. Because the market has changed, the market and the number of investors also increased. Bitcoin is now fully unpredictable, no one knows what will happen in upcoming days. But yes bitcoin still has a great value and people love to hold it.
During the year 2017, each and every token without any usecase bumped it's market. During the time period investors and project owners earned big out of the bull trend. Now the scenario is different with more and more projects emerging, but very limited projects succeed. This is the difference between the year 2017 and the present. This has happened as a result of awareness, development in infrastructure, technology learning, all the above usage from common people has increased in a much higher margin.
While I applaude the positivity and the enthusiasm of the Winklevoss twins in bitcoin, at the end of the day they’re still just like you and me, wanting to make something out of our curiosity with this tech. I find it kinda funny that they are trying so hard to market bitcoin even though those things will just come naturally without them shilling so hard for bitcoin.
I’m most certainly bullish for bitcoin, but I won’t go through lengths and whatnot to shill for it so hard. Heck, it might even go opposite of what they’re predicting, just like what Tom Lee always does.
It's true that we are the same as them wanting to see bitcoin at its highest. This is like the hype and statements of what John McAfee said during 2017 which also triggered a lot of people to believe him with those hyping words.I’m most certainly bullish for bitcoin, but I won’t go through lengths and whatnot to shill for it so hard. Heck, it might even go opposite of what they’re predicting, just like what Tom Lee always does.
They have said that there's more this time and it's no longer a balloon that enlarged just like 2017. Although a fact that bitcoin remains a speculative asset, there are more institutions that are looking seriously on it this time.
Dramatically Different because adoption will do along with this bullrun.
The pandemic will help these people decides what had to be done after the devastating effect of the current fiat system. I'm sure those who bought below $10k would target just more than$20K for their take profit but those dumps are going to be bought by the ones who are more greedy that will aim to hold for higher price.
The banks that are affected today will likely try to dominate in the next attempt they'd do for the new currency system. There are already cryptobanks who thought they can operate in crypto to which they still are gaining trust.
Winklevoss Twin says,
What does it mean that High Quality Project are more now compared in 2017?"The next BTC bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure and high quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!"
i think that claim is far different to reality. because as far as i remember it is 2017 is most successful year for ICo before ending in 2018.
This time a lot of people have a memory of the 2017 bubble, either as participants or as observers, and the lesson of that bull run was that you should dump your coins when the price goes vertical, or you'll regret it for years. So, it's likely that this time the height won't be as big as some hodlers expect - I personally believe it will only go to $30k, maximum $40k. This exponential growth, where every ATH is 20 times higher than the last ATH isn't sustainable, and I think this bull market will be the one to break this trend.
Greed is the main reason why people have learned their lesson,looking for higher profit until they did not notice the price is falling.
Well if we take into account the bullish and ATH trend of Bitcoin it has already happened, and each time the market grows, because every day there are more Bitcoin investors and believers, the more people enter the market the better, because by simple supply and demand the price It will rise, taking into account that volatility and the market is so unexpected, that any investor knows that buying right now is the best thing to do.
We are in a phase of the market that long before the pandemic some thought we were entering the phase of bullish trend, even today it can occur at any time.
We are in a phase of the market that long before the pandemic some thought we were entering the phase of bullish trend, even today it can occur at any time.
How does the next bull run differ from the previous bull run? A bull run is all about the rising of prices. The bull run in the past few years will essentially be the same bull run that we will see in the coming future.
The difference perhaps is that we may have more grounds for bull run today than in the previous years. There is more reason now that there is a stronger bull run happening in the near future than in the past. More people, more wealth, more interest, more understanding, more trust, etc are with Bitcoin now compared to years ago.
The difference perhaps is that we may have more grounds for bull run today than in the previous years. There is more reason now that there is a stronger bull run happening in the near future than in the past. More people, more wealth, more interest, more understanding, more trust, etc are with Bitcoin now compared to years ago.
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