Next Bitcoin Bull Run Will Be ‘Dramatically Different’ - page 6.

pooya87

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Quote from: pixie85 on July 30, 2020, 02:30:36 PM

It can as well be different in the opposite way. There's more people but also more holders who bought Bitcoin in the longest bear market in history.

it looks long to you probably because you never checked the historical price movements and the bear markets. for starters the last bear market before this one lasted 2 whole years which is 8-9 months longer than what we had last.

the bull runs are only going to get bigger each time because each time there are more people adopting bitcoin. for example if first bull run 10 people adopted bitcoin the second one won't be 10 or less but would be higher like 30 and the next would be 100. that is how the growth is specially for something like bitcoin that has been kept back with a lot of FUD and limitations placed by mostly banks preventing people from dumping their fiat for bitcoin. as the FUD and limitations are lifted more people shift towards bitcoin.

btc78

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Quote from: kolbalish on July 30, 2020, 01:00:50 PM

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!"

What does it mean that High Quality Project are more now compared in 2017?
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.

Quote from: hatshepsut93 on July 30, 2020, 04:54:58 PM

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.

Wexnident

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Quote from: Jating on July 30, 2020, 06:07:23 PM

It could be true, but remember that the market is a boom and bust cycle. So those who got REKT in 2017 might have learn their expensive lesson, but there are going to be a set of new investors, who didn't study the market well but just jump on the hype train similar to 2017. And how many of us believed that there is a 4 year cycle here?

So it's going to be cyclical, there are going to be new investors that are willing to enter the market even if we are already in the parabolic rise, so I don't believed that there will be something 'dramatically different' in the next bubble.

I actually expect those that experienced the 2017 jump train to be more expectful of the next Bitcoin bull run. Yes, they learned their lesson, and would probably invest much earlier when prices are low to wait for the next bull run. That's imo anyway, I'm also expecting a lot towards the next bull run after all. Not to mention that 2017 brought a bout a huge number of people to the community, and with them learning for 3 years, they should know that Bitcoin has the capability to reach higher heights.

Plus, considering that investors pulled out of stocks due to the pandemic, I can expect them looking for something to invest in. Who knows? Bitcoin may just be waiting for some sort of trigger to happen right now.

LogitechMouse

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I like the optimism of this twins and they are there since the start (or at least near the year when Bitcoin was created) but still, they are just predicting like we are mostly doing right now Cheesy

.

Although I agree that there is more capital being injected right now in the crypto market, the high quality projects right now and in the year 2017 is the thing that I don't agree with. In my observation, I think that there are more high quality projects in 2017 than today.

People right now are more knowledgeable compare to 2017 where there is too much hype on it. This incoming bull run will be different for sure since the investors this time isn't the same as the investors in 2017. Either way, we are all bullish and we are all expecting that a bull run is coming. Whether it is different or the same as the past bull runs, what is important is it will happen

.

exstasie

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Quote from: hatshepsut93 on July 30, 2020, 04:54:58 PM

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.

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.

Quote from: hatshepsut93 on July 30, 2020, 04:54:58 PM

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.

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. Tongue

milewilda

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Quote from: dothebeats on July 30, 2020, 04:38:04 PM

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.

Market would really be only having 2 types which are those positive and on the negative side.You are definitely right that those people are just the same on an average joe that do make their own speculation.
Different or the same no one really knows on what would be the next bull run but to presume that we arent really the same wayback in 2017.For sure theres a higher level of recognition and attention compared
back in the past but doesnt mean that those traditional industries would just easily recognize crypto market.We are heading there but no one really knows on when it would happen.

Jating

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Quote from: minersday on July 30, 2020, 05:43:18 PM

Considering how the crypto market is growing, the bull run of Bitcoin will not be as the same as 2017. Personally, I don't really see a bull run of Bitcoin like 2017. Looking at the Bitcoin market from 2018 to now, the bull run will be like a 10% increase in the previous market value of Bitcoin and the market might drop in few days after the rise. I don't think there will be any dramatic different as stated by Winklevoss Twin in as much that there are more capital, infrastructure and better projects. People have learnt to understand the bitcoin market. Due to that, the next bull run of Bitcoin will not be significantly huge as before.

It could be true, but remember that the market is a boom and bust cycle. So those who got REKT in 2017 might have learn their expensive lesson, but there are going to be a set of new investors, who didn't study the market well but just jump on the hype train similar to 2017. And how many of us believed that there is a 4 year cycle here?

So it's going to be cyclical, there are going to be new investors that are willing to enter the market even if we are already in the parabolic rise, so I don't believed that there will be something 'dramatically different' in the next bubble.

minersday

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Considering how the crypto market is growing, the bull run of Bitcoin will not be as the same as 2017. Personally, I don't really see a bull run of Bitcoin like 2017. Looking at the Bitcoin market from 2018 to now, the bull run will be like a 10% increase in the previous market value of Bitcoin and the market might drop in few days after the rise. I don't think there will be any dramatic different as stated by Winklevoss Twin in as much that there are more capital, infrastructure and better projects. People have learnt to understand the bitcoin market. Due to that, the next bull run of Bitcoin will not be significantly huge as before.

hatshepsut93

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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.

Baofeng

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It will still be the same in my opinion, same as what happen to the 2017 bubble. The one that push it are those "irrational buyers" or what we call FOMO. Institutional money are already inside since the bear market, whales are just around the corner playing in the market. But what we haven't seen is retail investors who are willing to sell their house just to get in the bandwagon in the bull run, whether in the middle or at the tail end of it. High quality projects? did he mean upgrade to an existing one? Because I haven't seen any in the last 2-3 years except hype one specially in the IEO era and now this DeFi.

dothebeats

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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.

pixie85

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It can as well be different in the opposite way. There's more people but also more holders who bought Bitcoin in the longest bear market in history.

I hold my coins and I'm bullish but let's not forget that if all those people who bought for sub 10 thousand think of 20 -25 thousand as their target we may never go very far.

The big bubble that used to be 5-10x can this time be only 1 -1,5x and this will make it dramatically different. The next bubble in 5 or more years can only be 0.5x and so on. It still won't be bad because imagine going 0.5x from 40 thousand dollars. That would still leave us at 60 which is a great price. I wouldn't wait for 100 or 200 thousand dollar bitcoin though.

kolbalish

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Crypto Article Sharer!!!

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 full article is here, https://cointelegraph.com/news/winklevoss-twin-next-bitcoin-bull-run-will-be-dramatically-different/amp

Topic: Next Bitcoin Bull Run Will Be ‘Dramatically Different’ - page 6. (Read 859 times)